BUcoiners are trolling you into buying alts

[manselr]

There will be no hard fork because BUcoin has no real support from the community. Sooner or later Jihad Wu will retract and the current altcoin bubble will pop in your face and everyone not holding BTC will be left behind.

[1715503050]

1715503050

[FiiNALiZE]

There will be no hard fork because BUcoin has no real support from the community. Sooner or later Jihad Wu will retract and the current altcoin bubble will pop in your face and everyone not holding BTC will be left behind.

I figure that would be the point of these guys just spouting steam. Bitcoin has a nice list of users that are willing to dump if they hear or read one bad news article and the price of Bitcoin will have a decline for a little bit then the coins would get purchased again from the same people spouting steam.
This type if behaviour isn't new at all, most of the people need to learn that once they purchase Bitcoins, they should just hold it and that's it.

[Golftech]

maybe that's why we seen most of the alts has been played inside the trading site, they are trying to divert attention from btc holders and making them to look for some alts that they think they will benefits and without noticing the bubble explode in front of their face those bag holders will enjoy with their btc. maybe we need to make better assessment.

[franky1]

BU and other implementations have made no threats,

all the drama is made by the core scripted rhetoric pointing fingers in the other directions to avoid blame.
CORE intentionally gave pools the vote. so only core should blame themselves if pools are vetoing cores proposals.
cant blame pools when pools didnt instigate it.

core is just one of many nodes. core does not own bitcoin, never has (but they want to)
core did not invent bitcoin
core did not exist before 2013

[hv_]

No.  


You should ask why there is such a big gap open in corestreams agenda to let others go much more ?

Let there be room for other solutions?

If SW would be the best from the best team for the best people, why is it not done?

Why still we have such a big gap and funny letters need to be signed off by lot of No-Satoshis?

[dothebeats]

BU and other implementations have made no threats,

all the drama is made by the core scripted rhetoric pointing fingers in the other directions to avoid blame.
CORE intentionally gave pools the vote. so only core should blame themselves if pools are vetoing cores proposals.
cant blame pools when pools didnt instigate it.

core is just one of many nodes. core does not own bitcoin, never has (but they want to)
core did not invent bitcoin
core did not exist before 2013

Couldn't agree more. Back then, I thought Core was the sane-minded group of devs that would help bitcoin somehow into scenarios such as this. Never had I been so wrong in my life, and I look up to them so highly because they have the skill, but turns out they lack empathy and they kust want to take them all. What's happening right now is that other people/groups are taking the blame of this nonsense game Core put up.

[Kprawn]

If this whole thing was orchestrated to create a crisis in Bitcoin and a run to Alt coins, then these people are more clever than what we first

anticipated. It would make sense that someone could buy loads of Alt coins in advance and then create a crisis in Bitcoin and then guide people

towards a alternative solution < the Alt coin they bought > and then wait for the price to rise and then gradually start selling as the price rise.

It will be easier when you have a cult following that follows you like a sheep. 

[cjmoles]

Well, I'm making a killing with the alts at the moment....so, I am conflicted.  I will have to think about this more because whatever it is that these people have planned, it is working in my favor for the short term.  There are too many variables and too many unknown factors to be overly critical of the long term effects of the current situation....right?

[peter0425]

If this whole thing was orchestrated to create a crisis in Bitcoin and a run to Alt coins, then these people are more clever than what we first

anticipated. It would make sense that someone could buy loads of Alt coins in advance and then create a crisis in Bitcoin and then guide people

towards a alternative solution < the Alt coin they bought > and then wait for the price to rise and then gradually start selling as the price rise.

It will be easier when you have a cult following that follows you like a sheep. 

Better said mate. I really feel that there is someone? behind this whole alt coin pumping going on. And this someone, also creating the crisis right now on the bitcoin ecosystem. So its gonna be a win-win situation for them. Create schism, buy alt coins, create FUD, bitcoin holders panic, sold bitcoin -> continue to create more schism-> Hard fork and then they won. That's what they think.

[Catmony]

There will be no hard fork because BUcoin has no real support from the community. Sooner or later Jihad Wu will retract and the current altcoin bubble will pop in your face and everyone not holding BTC will be left behind.

Yes this is true, hold your bitcoin tight guys and buy cheap bitcoin as much as you can with all your fiats that you have in your bank. You don't gonna get bitcoin cheaper than $1000 again. 

[Ghepetto]

This may not be sheeple.

This COULD be way beyond trolling, think of this along a timeline.  I'm hoping someone can shoot me down with numbers.  Is it possible for an effective feedback loop to be in place?  This might actually work well and cost very little to someone who implemented it, or even profit from it if the conditions were right.  One would have to hold many BTC, altcoins and fiat.  I really don't have the time to fully articulate or research this but here is the skeleton:

First create on ramps for Alts (Eth and Dash) in fiat (Coinbase, etc)
Then, (magically) the PBOC freezes all BTC withdraws and essentially nukes the market for all buyers, China is taken out of the equation.
BTC rises without the Yuan.
The orchestrator stocks exchanges with massive amounts of sell orders for alts (in fiat and BTC)
Institutional investors (who were brought on board) pump the alt markets with fiat.  
Arbitrage in the market will create a slight profit margin for traders who buy alts with btc (then sell the alt for fiat which creates another nice loop).  This could put a very small amount of up pressure on the Alt/BTC market in theory?
The orchestrator then obtains more alt coins to sell for BTC (buy buying them in fiat) and at the same time is accumulating BTC via the traders buying the alt in BTC.
Stack alt coins you buy for fiat back on the market and sell for BTC.
Dump BTC on the market daily for fiat resulting in a depressed price for BTC.
Use the fiat from the dumped BTC to buy more alts.
Don't forget depressed BTC price is the goal.
The FUD thus prompts traders to buy said altcoins via BTC which adds more fuel.

Why are people telling you to buy alts with your bitcoin?  This could be it,  pretty damn crafty I have to say, kudos to the developers lol!

Again, I have no facts this is pure speculation.  

[megynacuna]

There will be no hard fork because BUcoin has no real support from the community. Sooner or later Jihad Wu will retract and the current altcoin bubble will pop in your face and everyone not holding BTC will be left behind.

Say that again brother, I don't know why the anti-Bitcoiners are just publishing negativity about Bitcoin and promoting their bound to die Altcoin. Those that get lured away do that at their own peril and we that stay with Bitcoin will be vindicated very soon.

[beerlover]

If this whole thing was orchestrated to create a crisis in Bitcoin and a run to Alt coins, then these people are more clever than what we first

anticipated. It would make sense that someone could buy loads of Alt coins in advance and then create a crisis in Bitcoin and then guide people

towards a alternative solution < the Alt coin they bought > and then wait for the price to rise and then gradually start selling as the price rise.

It will be easier when you have a cult following that follows you like a sheep. 

Better said mate. I really feel that there is someone? behind this whole alt coin pumping going on. And this someone, also creating the crisis right now on the bitcoin ecosystem. So its gonna be a win-win situation for them. Create schism, buy alt coins, create FUD, bitcoin holders panic, sold bitcoin -> continue to create more schism-> Hard fork and then they won. That's what they think.

Yeah, I totally agree it does not matter if BUcoiners are tricking people into believing in altcoins and making them buy it as long as it is working and they are believing it and the prices are going up there is no harm in putting some money into it to make some profit as long as it is lasting, you just got to ride the wave not fight it.

[Ghepetto]

https://cointelegraph.com/news/bitcoin-price-inversely-correlates-with-ethereum-potential-factors-why


Here is a little more info I found recently that may support that jibberish I spewed earlier in this thread.

[d5000]

I'm tired of this tribalism. ("I'm invested into XX so all YY is shit")

Bitcoin is open source. Most altcoins are open source (and those that are not, like Steem, will die fast). So it could be a nice ecosystem of monetary solutions that could benefit each other, like Linux distributions. But no.

[uneng]

Each one is free to buy what they want, but I don't fall on this talk about buy alts instead of bitcoin and I think it's foolish, a desnecessary marketing against bitcoin. Who wins with this?
Bitcoin is the best and only who is against crypto currency make campaign against bitcoin.

[salamyman]

Who is this Jihad Wu person? This name sounds really suspicious...

[franky1]

There will be no hard fork because BUcoin has no real support from the community. Sooner or later Jihad Wu will retract and the current altcoin bubble will pop in your face and everyone not holding BTC will be left behind.

lol says the guy that said

Im profiting big time with litecoin, I got in after this dip and im already making great gains. Litecoin will go to 50 dollar, 100 dollars, even 300 dollars, because Litecoin doesnt have all the stupid drama and big whales from Bitcoin.
We will be rich thanks to Litecoin and segwit!!

[Qartada]

There will be no hard fork because BUcoin has no real support from the community. Sooner or later Jihad Wu will retract and the current altcoin bubble will pop in your face and everyone not holding BTC will be left behind.

Alts are supporting Bitcoin somewhat.  The price of alts has gone up loads, but the price of Bitcoin is basically the highest it's ever been without being in a bubble - it's currently playing with $1200, so you're a tad behind the trend.

Litecoin's potential SegWit activation is part of what's helping Bitcoin's value imho.  A hard fork would cause a significant price drop in the short term due to the uncertainty of which coin will be dominant and the opposition from the opposing side, whereas SegWit would cause a significant price rise in the short term due to the optimism of a scaling solution being implemented (price drops may happen if either side attacks the other in the case of either event as well), and if SegWit is implemented in Litecoin successfully it'll make miners and users more optimistic about SegWit's use in Bitcoin, thus triggering the price increase that is happening now and will happen when Litecoin triggers SegWit.

[shinratensei_]

There will be no hard fork because BUcoin has no real support from the community. Sooner or later Jihad Wu will retract and the current altcoin bubble will pop in your face and everyone not holding BTC will be left behind.

Alts are supporting Bitcoin somewhat.  The price of alts has gone up loads, but the price of Bitcoin is basically the highest it's ever been without being in a bubble - it's currently playing with $1200, so you're a tad behind the trend.

Did you not realized if altcoin just pegged on the bitcoin?

Litecoin's potential SegWit activation is part of what's helping Bitcoin's value imho. 

I hope that but I wish all of the wang said is a lie.

if SegWit is implemented in Litecoin successfully it'll make miners and users more optimistic about SegWit's use in Bitcoin, thus triggering the price increase that is happening now and will happen when Litecoin triggers SegWit.

But in this case, i will not expect more about the SegWit activation by litecoin, Because the litecoin market has played by Wang chun with all of his troll tweets.
But it seems SegWit just an improvement for litecoin. With the identical DNA both of litecoin and bitcoin. And bitcoin could be taught by litecoin.