yefi
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Activity: 2842
Merit: 1511
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March 23, 2017, 04:27:28 AM |
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A compromise looks very likely  Unless people start getting dropped, I doubt it. |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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gembitz
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March 23, 2017, 05:26:05 AM |
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if btu get more hash it will become btc period~ the old chain will get ditched quick! lol :-D weee
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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March 23, 2017, 05:31:54 AM |
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if btu get more hash it will become btc period~ the old chain will get ditched quick! lol :-D weee
Are you high right now? |
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Killerpotleaf
Sr. Member
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Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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March 23, 2017, 05:33:49 AM |
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if btu get more hash it will become btc period~ the old chain will get ditched quick! lol :-D weee
what BU needs is more support in general. |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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March 23, 2017, 05:37:11 AM |
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if btu get more hash it will become btc period~ the old chain will get ditched quick! lol :-D weee
what BU needs is more support in general. What BU needs is more cowbell. That shit is weak and you know it. |
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savetherainforest
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March 23, 2017, 05:58:57 AM |
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if btu get more hash it will become btc period~ the old chain will get ditched quick! lol :-D weee
what BU needs is more support in general. What people don't seem to get/understand is that : "Things that where made in the stone age, where more elegant." |
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gembitz
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March 23, 2017, 06:14:55 AM |
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if btu get more hash it will become btc period~ the old chain will get ditched quick! lol :-D weee
Are you high right now? satoshi created a solution to all of this arguments = 32mb blocks!  haa |
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gembitz
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March 23, 2017, 06:17:11 AM |
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if btu get more hash it will become btc period~ the old chain will get ditched quick! lol :-D weee
what BU needs is more support in general. ^dynamical adjusting blocks that can go way bigger on demand if technically achievable in a secure way is not a bad idea!...the part about unlimited official president and etc are not to be taken seriously !!!jmho :-D |
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becoin
Legendary
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Activity: 3431
Merit: 1233
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March 23, 2017, 07:11:19 AM |
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Maybe a large short position was taken out around $950 in anticipation of sales that then got unexpectedly bought up by a raging bull market? Now a very large Chinese miner and fabricator is actually under water to the extent that they are very desperate for a much lower price for its business survival? Such a desperate actor will do anything, including threatening to fork bitcoin or otherwise nuclear options, since it is going bankrupt anyway. Maybe it is as simple as someone who overly centralised power, and therefore risk, around themselves miscalculated with derivatives bets and now wants a bailout, again?
That is exactly what I'm saying from the very beginning of this blocksize "dispute". It is time for Bitmain either be a regular pool or go bankrupt and clear the way for new pools. |
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explorer
Legendary
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Activity: 2016
Merit: 1259
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March 23, 2017, 07:18:07 AM |
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if btu get more hash it will become btc period~ the old chain will get ditched quick! lol :-D weee
what BU needs is more support in general. ^ dynamical adjusting blocks that can go way bigger on demand if technically achievable in a secure way is not a bad idea!...the part about unlimited official president and etc are not to be taken seriously !!!jmho :-D What a novel idea! Someone should try to code that. |
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savetherainforest
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March 23, 2017, 07:37:45 AM
Last edit: March 23, 2017, 08:23:00 AM by savetherainforest |
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Maybe a large short position was taken out around $950 in anticipation of sales that then got unexpectedly bought up by a raging bull market? Now a very large Chinese miner and fabricator is actually under water to the extent that they are very desperate for a much lower price for its business survival? Such a desperate actor will do anything, including threatening to fork bitcoin or otherwise nuclear options, since it is going bankrupt anyway. Maybe it is as simple as someone who overly centralised power, and therefore risk, around themselves miscalculated with derivatives bets and now wants a bailout, again?
That is exactly what I'm saying from the very beginning of this blocksize "dispute". It is time for Bitmain either be a regular pool or go bankrupt and clear the way for new pools. I just don't get why they don't understand that people from the rest of the world will follow Core than Unlimited. They just don't have the necessary infrastructure. On all exchange we are trading Core! Not Unlimited! ... They are just one of those "Fugazzi" pixie dust believers. *edit: China miners should just F*** Off... because they will not get their way!  |
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Ted E. Bare
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March 23, 2017, 08:53:10 AM |
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There is no fork. Is this the bottom? |
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york780
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March 23, 2017, 09:02:51 AM |
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There is no fork. Is this the bottom? You are the worst. Just a baghodler who want other people getting burned so that you can cash out when they are getting rekt. Bitcoin needs a fork because they have to fix some serious scaling isues. |
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kurious
Legendary
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Activity: 2590
Merit: 1643
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March 23, 2017, 09:03:57 AM |
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They don't have an option of 'I don't care as long as this gets resolved' |
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Ted E. Bare
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March 23, 2017, 09:06:17 AM |
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There is no fork. Is this the bottom? You are the worst. Just a baghodler who want other people getting burned so that you can cash out when they are getting rekt. Bitcoin needs a fork because they have to fix some serious scaling isues. ?? I do not need anyone to do anything. I've invested in bitcoin and I'm very happy that I did. Go ahead and sell your coins, I couldn't care less. Actually I hope that you leave bitcoin because you're a troll. I'm confident that in the end the scaling issues will be resolved without causing too much trouble. Some of the most intelligent people are working in the bitcoin space. |
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york780
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March 23, 2017, 09:13:33 AM |
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There is no fork. Is this the bottom? You are the worst. Just a baghodler who want other people getting burned so that you can cash out when they are getting rekt. Bitcoin needs a fork because they have to fix some serious scaling isues. ?? I do not need anyone to do anything. I've invested in bitcoin and I'm very happy that I did. Go ahead and sell your coins, I couldn't care less. Actually I hope that you leave bitcoin because you're a troll. I'm confident that the scaling issues will be resolved without causing too much trouble. Some of the most intelligent people are working in the bitcoin space. We need to scale first. The price building before that is just hot air. |
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Totscha
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March 23, 2017, 09:13:56 AM |
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I have this crazy perspective about the Core vs. Unlimited BTC. The miners saying that their BTU will be the winner is a lot of wishfull thinking IMO. Just because they process the blocks they now somehow own the system??? They're hired help. That's why they get paid to do their job.
If we get the fork with two competing currencies, which one will be the winner? The market will decide, sure. Specifically the buyers. People giving their $$$ in exchange for BTC, not the miners. They really should take a step back and figure out they're not the bosses and they can get fired if they go too far...
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york780
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March 23, 2017, 09:16:15 AM |
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I have this crazy perspective about the Core vs. Unlimited BTC. The miners saying that their BTU will be the winner is a lot of wishfull thinking IMO. Just because they process the blocks they now somehow own the system??? They're hired help. That's why they get paid to do their job.
If we get the fork with two competing currencies, which one will be the winner? The market will decide, sure. Specifically the buyers. People giving their $$$ in exchange for BTC, not the miners. They really should take a step back and figure out they're not the bosses and they can get fired if they go too far...
I also have seen a interesting article about firing the miners. Maybe thats the final solution to make bitcoin healthy again? |
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becoin
Legendary
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Activity: 3431
Merit: 1233
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March 23, 2017, 09:20:29 AM |
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I just don't get why they don't understand that people from the rest of the world will follow Core than Unlimited.
Oh, they understand it very well. What they do is not intended to cause hard fork. What they do is intended to cause significant price drop. Shortly, they are bluffing. But bluff has also a price they will have to pay at the end. |
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savetherainforest
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March 23, 2017, 09:55:43 AM |
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I just don't get why they don't understand that people from the rest of the world will follow Core than Unlimited.
Oh, they understand it very well. What they do is not intended to cause hard fork. What they do is intended to cause significant price drop. Shortly, they are bluffing. But bluff has also a price they will have to pay at the end. Well my theory is that its a ponzi scheme, or at least a pump and dump maneuver. Split the coin in 2(double it)... then take that value and invest it back to BTC while the price is down. But... I think people from all trading platforms are reading this thread. And that meaning the price will not go down, but actually go up for the BTU ppl to get jack sh** ... *edit: But... isn't all of this... just an artificial increase in "fake pumping" if it comes back?? Meaning there will be a retracing... or they are seeking to achieve more violent / brutal volatility??  |
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