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Author Topic: Bitcoin after 1st august = Unstoppable?  (Read 2717 times)
gentlemand
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July 14, 2017, 03:46:21 PM
 #61

The biggest threat to bitcoin is miner and corporate centralisation. Though 148 is a noble idea the money and mining grunt is in the hands of others. I don't really see how it's going to succeed myself though i hope it does. If we go full corporate I'm done with it.

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July 14, 2017, 03:50:38 PM
 #62

I think yes, bitcoins after 1st August is unstopable  because the innovations of segwit2x will be activated on bitcoin's network, of course if it will be succesfull and can fix the problem on bitcoin's network (scaling of bitcoins), but if it is fail bitcoins will be like today still there are problem on bitcoin's network, we can not do anything except wait and see what will happen after the activation of segwit2x on 1st August.
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July 14, 2017, 04:23:56 PM
 #63

Pa I think that bitcoin will have a big crash, then break maximums by the decrease of the commissions and the increase of the size of the block
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July 15, 2017, 03:54:26 PM
 #64

Only if the hardfork is a failure as expected. In order for the bitcoin price to go up, the Bitmain/Roger Ver/Wright/anything that could lead to a hardfork/ must die and fail. XT, Classic, Buggy Unlimited, and segwit2x, they all have failed because it's retarded nonsense. This should not be any different. Im not even counting BitmainCoin's hardfork proposal.

After all these morons give up with the HF fud, we will go to $10,000. As long as the stupidity continues, we will stay as we are now or crash indefinitely.

We could go to $10,000 tomorrow, if miners acted accordingly and activated BIP141, or we can continue playing games.
A lot of users want segwit to be activated, myself included, but think about this from the point of view of the miners, they have invested a fortune to mine bitcoin and now the rules of the game are about to be changed and not in their favor so to them it makes sense to defend their interests even if that goes against the wishes of the devs and the community.

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July 15, 2017, 05:18:43 PM
 #65

If we can own one antminer s7 then we won't have problem with mining monopoly. We just want bitcoin to continue and do whaf it's best. What we spend on one mining equipment is enough for all the income that we will get from bitcoin price increase. The problem is they discourage bitcoin mining. But why??

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July 15, 2017, 05:38:16 PM
 #66

Are you aware that if there will be a fork at August 1st, we will have a Bitcoin and a new altcoin?
Meaning, be careful, you may end up holding a shitcoin  Grin


I agree with RoommateAgreement, some of the altcoins bring innovation. Bitcoin has a chance to learn from them.
Of course, there are also too many useless copycat altcoins...

What innovation? Examples?

No limit (2Gb limit?) for transactions in a block; real anonymity; DAG; mining algorithms that allow every average Joe to mine; faster blocks.
These are just a few things that came into my mind, I am sure that there are many more examples, you just have to try to look around.

Whole blockchain is 124gb....2gb blocks are useless.
Try on a testnet with a clone to see how your computer will die trying to scan and add a 2gb block.

Real anonymity...proven to work wonders for monero coin holders.

DAG > https://bitcointalk.org/index.php?topic=1799665.0 see iamnotback post

Mining algorithms ... for what? Who gives a f*** about average Joe?

The only thing is possible faster blocks. Which will take one simple line of code change.
If we pass 1st of  Aug with no problems solving that won't be a problem also.

In the end... altcoins are just shitcoins promising unicorns shitting rainbows


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