BrewMaster
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Activity: 2114
Merit: 1292
There is trouble abrewing
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July 15, 2017, 02:50:32 PM |
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On a serious note, if BTC forks, it ll never regain the trust level it s got now.
just FYI, bitcoin had 1 hard fork and at least 1 soft fork that i am aware of in the past and each time it became even stronger than before. and the "trust" never went anywhere. |
There is a FOMO brewing...
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CryptosapienZA (OP)
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July 15, 2017, 03:17:39 PM |
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On a serious note, if BTC forks, it ll never regain the trust level it s got now.
just FYI, bitcoin had 1 hard fork and at least 1 soft fork that i am aware of in the past and each time it became even stronger than before. and the "trust" never went anywhere. You are 100% i watched a Youtube video with Andreas Antonopoulos explaining all things soft and hard forks. They have happened many times before and will happen in the future. |
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CryptosapienZA (OP)
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July 15, 2017, 03:29:16 PM |
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Why would there be a fork? Current SegWit2x support s almost 90%. With current conditions, THERE WILL BE NO FORK so stop spreading FUD.
Do you enjoy seeing crypto bear market? Guess not, then stop spreading SHIT!
Actually I do. For us late comers its an opportunity to catch up.   On a serious note, fearful investors will always be there. Instead of dismissing people who ask questions, maybe you should try being polite and answer their questions. That is the only way they will relax. Telling them they spread SHIT does SHIT. On a serious note, if BTC forks, it ll never regain the trust level it s got now. So you hoping your $12 BTC investment might repeat the entire BTC cycle s really dumb thing to expect. If you re a latecomer, you should try alts and not spread useless FUD. That s what scammers and speculators do. All in all, I dont have chips in this, I ve moved all my BTC to alts but just make me sick people ask these stupid questions all over again. Especially when, like you, they know the answer. So fuck off, you and your desire of volatility and BTC $3 price. You need to take a chill pill, you are far too tense. I hope you bought some EROS tokens too, you will need them. Unlike you, I believe in Bitcoin. No matter what happens, I think it will recover and recover user trust. My investment in BTC is long term, expecting there wont be any problems would be very naive. So stop fooling yourself, people will talk speculate and do what ever they want to do. That shouldnt ruffle your feathers unless you one of those in this space for short-term gains. It's really awesome to be optimistic about the thing you love, but you know!!! Things are not just a little bit, but too much different this time... Seeing all these fights among the current Bitcoin mining groups is just making old as well as new investors lose their interest in it which is why they have been in such a hard panic, they ain't even taking pain to invest them in any other alts due to lost trust... I really hope and pray that we don't see a crash in the price just like we saw in 2013... I hear you. I apologies if I came across as spreading FUD. Mine was a genuine question. I am also hoping we don't see a crash. To me these alt coins are far more riskier than BTC. My portfolio is 70% BTC and it will remain that way. |
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Kprawn
Legendary
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Activity: 1904
Merit: 1073
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July 15, 2017, 03:48:29 PM |
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I do not care, because I am going to buy some cheap coins before the split and have control over the private key and then take a chill pill and a bottle of fine wine and relax until all of this is over. The longest chain will be my winning bid and this will be determined fairly early after the split has happened. My coins are safely stored on cold storage, so I do not need Exchanges to MAKE my decisions for me. Go fudsters go, I need some more cheap coins before the 1st of Aug.  |
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CryptosapienZA (OP)
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July 16, 2017, 05:41:07 PM |
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I do not care, because I am going to buy some cheap coins before the split and have control over the private key and then take a chill pill and a bottle of fine wine and relax until all of this is over. The longest chain will be my winning bid and this will be determined fairly early after the split has happened. My coins are safely stored on cold storage, so I do not need Exchanges to MAKE my decisions for me. Go fudsters go, I need some more cheap coins before the 1st of Aug. Sounds like you have a great plan. We do what we have to do. |
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HTML6
Newbie
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Activity: 42
Merit: 0
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July 16, 2017, 05:46:42 PM |
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1/2 = 0.5
Then the market will make one of both more expensive
Not true at all. No exchange is going to list them as equal. More like 95/5 or 99.9/0.01. That's just for the people who will gamble and try out the altcoin. |
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williamuk
Member
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Activity: 70
Merit: 10
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July 16, 2017, 06:00:34 PM |
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Unlike you, I believe in Bitcoin. No matter what happens, I think it will recover and recover user trust. My investment in BTC is long term, expecting there wont be any problems would be very naive. So stop fooling yourself, people will talk speculate and do what ever they want to do. That shouldnt ruffle your feathers unless you one of those in this space for short-term gains.
+1 The next 5-10 years are what's interesting. Short term price fluctuations are just noise |
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noormcs5
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July 16, 2017, 06:03:26 PM |
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If Bitcoin forks what would the price of both coins be? Would they start at the same price? How is that price determined?
Do you mean the forked of bitcoin will be related to the splitting of the bitcoin and another shitty coin as fuck as BTU will be appearing in the future? They will not strat at the same price. The real bitcoin already determined as the real bitcoin as ethereum and the shitty clone of the bitcoin can be determined as a clone coin such as etc. I have a question for you, do you ever see the price of etc was above the ethereum?  Thats what is my point of view. If BTU will not be a BTC in volume and price, then why we are splitting the Two. People will keeping using the old established real bitcoin and will not accept the clone. |
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williamuk
Member
Offline
Activity: 70
Merit: 10
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July 16, 2017, 06:05:09 PM |
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It's really awesome to be optimistic about the thing you love, but you know!!! Things are not just a little bit, but too much different this time...
Seeing all these fights among the current Bitcoin mining groups is just making old as well as new investors lose their interest in it which is why they have been in such a hard panic, they ain't even taking pain to invest them in any other alts due to lost trust... I really hope and pray that we don't see a crash in the price just like we saw in 2013...
Serious governance issues are being raised with these forks and battles. Trust is indeed what's at stake here, it should be possible to discuss it and learn more about it without being censored. |
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williamuk
Member
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Activity: 70
Merit: 10
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July 16, 2017, 06:08:44 PM |
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Thats what is my point of view. If BTU will not be a BTC in volume and price, then why we are splitting the Two. People will keeping using the old established real bitcoin and will not accept the clone.
If BTU is better I would hope it succeed. I'm not even sure it is better tbh :| If it is and the miners are against it my guess is it will take a very long time for it to replace BTC. |
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Rinaze
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July 16, 2017, 06:11:58 PM |
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Not trying to spread fear but yesterday I was reading this article online that actually explains all the possible route that BTC might take in the upcoming soft or hard fork. I can't actually seems to find the link to share but according to the article, the WORST case scenario for BTC is the coin might split into 5 different chains by year end but once again this is like in the event of worse worst case. I actually find that quite interesting but of course at the same time finger crossed on BTC not splitting eventually!
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PokerFace3
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July 16, 2017, 06:33:23 PM |
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Not trying to spread fear but yesterday I was reading this article online that actually explains all the possible route that BTC might take in the upcoming soft or hard fork. I can't actually seems to find the link to share but according to the article, the WORST case scenario for BTC is the coin might split into 5 different chains by year end but once again this is like in the event of worse worst case. I actually find that quite interesting but of course at the same time finger crossed on BTC not splitting eventually!
How 5 different chains ? I read this for the first time here. Segwit has more mining support which is about soft fork and if it will be activated by aug 1st then we can see bitcoin goes more stronger which will be leading to better chances for prices to keep going as after fork bitcoin will be handling more transactions for lesser tx fees which was an issue debated for years and if it get solved we can see prices start raising again. I guess we never need to worry about future of bitcoins as everyone here will be looking to have a stronger bitcoins rather than making it weaker. |
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tiger2monkey
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July 16, 2017, 07:24:40 PM |
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1/2 = 0.5
Then the market will make one of both more expensive
Hashrate in each network maybe a key factor for price. The network with higher hashrate will have higher coin price. No necessary be proportional. |
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CryptosapienZA (OP)
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July 16, 2017, 08:08:20 PM |
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1/2 = 0.5
Then the market will make one of both more expensive
Hashrate in each network maybe a key factor for price. The network with higher hashrate will have higher coin price. No necessary be proportional. If that is the case, the BTU will have a higher price. When I checked earlier today 87% of mining pools were in support of Segwit 2X. |
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CryptosapienZA (OP)
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July 16, 2017, 08:10:32 PM |
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It's really awesome to be optimistic about the thing you love, but you know!!! Things are not just a little bit, but too much different this time...
Seeing all these fights among the current Bitcoin mining groups is just making old as well as new investors lose their interest in it which is why they have been in such a hard panic, they ain't even taking pain to invest them in any other alts due to lost trust... I really hope and pray that we don't see a crash in the price just like we saw in 2013...
Serious governance issues are being raised with these forks and battles. Trust is indeed what's at stake here, it should be possible to discuss it and learn more about it without being censored. I agree 100%, some people are trying to turn bitcoin spaces into dictatorships. |
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pixie85
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July 16, 2017, 08:22:19 PM |
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On a serious note, if BTC forks, it ll never regain the trust level it s got now.
just FYI, bitcoin had 1 hard fork and at least 1 soft fork that i am aware of in the past and each time it became even stronger than before. and the "trust" never went anywhere. At least there were no idiots trying to divide the community and make their own coin, like Jihan. "You don't like my scaling solution? FU I'll make my own coin and you will all want it  " |
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Victorycoin
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July 16, 2017, 09:39:22 PM |
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Calm the fuck down, so annoying to see so many fork FUDSTERS, if you create panic nobody will be better off.
Just relax and sit back and enjoy the ride.
I feel for newbies, the sucklings of Bitcoin community, all those not too enlightened or privileged to stay abreast with the show of immaturity going on around Bitcoin and especially for all the new converts to crypto-world. All these show of lack of order and sense of reasoning allowed to ravage the community can actually traumatize latest adopters and this was supposed to be a knowledge - based discovery! Is it a truism, that the more wisdom men claim to acquire, the more nitwitted they tend  |
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