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Author Topic: BTU marketing problem  (Read 448 times)
jubalix (OP)
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March 21, 2017, 07:00:26 AM
 #1

Because BTU is called BTU rather than BTC [core] it has somewhat consigned itself to be treated as an alt rather than BTC. Even if BTU gets the hash.

Its interesting to see how they elected to campaign seems to override the merits of their argument,

This appears to have shown up in how the exchanges are going to treat BTU as an Alt.

This says nothing about whether BTU will be worth more...however they may have have called themselves something like BTC  [core 1]


BTC core is very hard to shorten as core also would slot into BTC

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Vlad2Vlad
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March 21, 2017, 07:34:07 AM
 #2


So what do you call Bitcoin segwit since it's gonna be the minority fork and will only have about 3% of the original Bitcoin code?  So if BU is an alt then isn't that a bigger alt than BTU?

Worst yet, once BU forks the chain, Bitcoin (core) will fork again to change PoW making it a full-blown alt more so than the previous 2 chains.

You guys starting to get this yet? 

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Senor.Bla
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March 21, 2017, 07:47:02 AM
 #3

I see two possible outcomes. If (almost) everybody agrees before the fork that BU is the way to go, then it will become BTC and the Core chain will die.
If we can't agree and the fork occurs i see no other way then BTC and BTU, even if BTU will be far larger. A switch back to BTC or XBT (which might be more correct) later on seems possible, but only if the core chain will die.
Of course there is also the possibility that there will be no fork or that BU will remain a small altcoin after the split, because after the split it is up to the users which chain they use. If most of them want to stay with core this will have an effect on price.

Vlad2Vlad
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March 21, 2017, 07:57:49 AM
 #4

I see two possible outcomes. If (almost) everybody agrees before the fork that BU is the way to go, then it will become BTC and the Core chain will die.
If we can't agree and the fork occurs i see no other way then BTC and BTU, even if BTU will be far larger. A switch back to BTC or XBT (which might be more correct) later on seems possible, but only if the core chain will die.
Of course there is also the possibility that there will be no fork or that BU will remain a small altcoin after the split, because after the split it is up to the users which chain they use. If most of them want to stay with core this will have an effect on price.

Core will not give up until they exhaust all their options which include changing the PoW, regardless of how popular BU is before the actual fork. 

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Karartma1
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March 21, 2017, 07:59:45 AM
 #5

I really can't believe that in 2017 these are the kind of threads we should see here on bitcointalk.
 Roll Eyes
AngryDwarf
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March 21, 2017, 08:03:45 AM
 #6

DCG has a huge portfolio of companies including exchanges and news sites along with their core employees through blockstream. This gives them the advantage of attacking any other solution has an alt during the propaganda stage of this cold war. Technically, core is the alt, but don't export coindesk to report that.

Scaling and transaction rate: https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
Lernerz
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March 21, 2017, 08:05:18 AM
 #7

Let us take the principle of Occam's razor. Most likely, the miners here have a different motivation than simply chopping the reward for the block and commission. Those who now support the division are most likely stupidly paid for by the Fiat.
The capacities of the asics are bought out bluntly, and for more money than they can bring later for mining.
Probably they were promised even more millions of fiat USD for a split.
Imagine how much money can stand behind these monsters. All sorts of bankers, intelligence and so on.
In fact, they have an unlimited resource!
The same Roger Ver had spent enough time in prison, so he was hooked to the American security forces.
If you think that there is no such thing, then you are very wrong.

And the goal of the campaign is not at all to get the "improved" used and earn more ......
AngryDwarf
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March 21, 2017, 08:06:28 AM
 #8

I really can't believe that in 2017 these are the kind of threads we should see here on bitcointalk.
 Roll Eyes

So are you advocating censorship? I believe the mods are doing a good job with regards to allowing the discussion to take place.

Scaling and transaction rate: https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
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