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Author Topic: Which will be the real Bitcoin after november?  (Read 1840 times)
Rooster101
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October 26, 2017, 01:17:25 PM
 #41

There is only one original bitcoin and those who copies bitcoin to create another cryptocurrencies will always be called altcoins or alternative coins. It will remain as the leading cryptocurrency in the market and neither hardforks nor segwits will change that. For the few years, many developers attempted to create alternative virtual coins to challenge the dominance of bitcoin but til now no one is able to overtake its current top position.
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October 26, 2017, 01:24:01 PM
 #42

So most people agreed to segwit2x, though core never did and now some people who agreed are dropping out. But still the vast majority as far as I'm aware are still supporting the 2x upgrade. And I can't understand why people are so against it, as obviously more scaling is needed and a 2x of block size if just simply a good thing. Unless people think there needs to be more time to test it, though I can't imagine why so much testing and development would be needed since it is simply changes one very small thing. The contention of this issue baffles me, seems to be a very straightforward good second step in scaling bitcoin, the negativity towards it shows the unreasonable toxicity of the bitcoin community and the refusal to prepare the technology for mass market acceptance.

Anyways, which do you guys think will be considered Bitcoin after the hard fork, the original chain or the 2x chain? I'm hoping 2x takes over since it can do twice the transactions with no downside so that is obviously better for bitcoin. Either way I will just be holding my bitcoin and won't move any bitcoin until this whole mess is over and we have a clear winner. But what do you all think?

Either chain can be treated as the real Bitcoin, all depends on the community. Yes, the community will decide what chain will be the true Bitcoin. So if the classic coin will still have the majority of support from the community as well as the miners then it will remain as the true Bitcoin. However, if the community decides that the forked chain will be the new Bitcoin because it can scale or whatever reason they may give, then the latter will be the new Bitcoin.
But still, even if the HF coins surpass the popularity of bitcoin, many still assume that it's an altcoin, no?.
No matter how much those people who try to HF from the original bitcoin trying, bitcoin is still #1 because it has been planted to many people's minds that the only true/real digital currency as for now is bitcoin.

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October 26, 2017, 02:31:32 PM
 #43

Bitcoin is only one and the original there is no doubt at all, all others are just altcoins Bitcoin Cash, Bitcoin gold or whatever are they called. Original Bitcoin community doesn’t have problem with that and it’s clear which chain is the true one. Just don’t know what is all this mess about and so many Bitcoin related coins are totaly useless and after the first thrill they will become totaly worthless. Is it just me or there is somebody else who think that we need more order on the Bitcoin market?

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October 26, 2017, 02:39:18 PM
 #44

Regarding the latest news and declarations, the current bitcoin (core/legacy) will remains the real one.

  But there will be lots of trouble if the hashrate of legacy blockchain really decreases. It s going to be a real jungle between FUDders and scammers, trying to get benefits from the chaos...
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October 26, 2017, 04:32:27 PM
 #45

Bitcoin is only one and the original there is no doubt at all, all others are just altcoins Bitcoin Cash, Bitcoin gold or whatever are they called. Original Bitcoin community doesn’t have problem with that and it’s clear which chain is the true one. Just don’t know what is all this mess about and so many Bitcoin related coins are totaly useless and after the first thrill they will become totaly worthless. Is it just me or there is somebody else who think that we need more order on the Bitcoin market?
Theres no actually in need of these new bitcoin forked coins which they are just really an another altcoin in the market which i cant see any difference of it among others.Questioning on whose gonna be the real bitcoin? Then theres no brainer to answer such question.The king would be always the king and yet bitcoin is already 7 years old.Why would compare into those new ones??

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October 30, 2017, 11:38:58 PM
 #46

Bitcoin will stay bitcoin. Forks may say that splitting of bitcoin to form another altcoins but it will never affect its popularity. Cryptocoins are racing for the highest place in cryptoworld. But I think there is no need to worry, another coin will eventually test another's trust to new coins.  If bitcoin gold will not gain enough investors then it will be probably dead too like the first one bitcoin cash.

I'm for original bitcoin, I don't have anything against bitcoin gold, cash, black and white bitcoin, for me this are new altcoins that offer something like many other altcoins, what is better and more useful is individual. After november we will see the same as we saw after august, bitcoin will stay first and strongest, and with bitcoin gold people will earn some money dump their bitcoin gold tokens and that is it. Only interesting thing about bitcoin gold is that can be mined with GPUs, that can make people interested in this new coin and nothing more.
My problem with forks is that if they want to start a new coins out of nothing I do not have a problem with it but with so many forks the bitcoin brand gets weaker since now there are three bitcoins and soon there are going to be four so for a newbie this is going to be confusing and they may end up buying the wrong coin thinking they are buying the original.
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October 31, 2017, 06:34:32 AM
 #47

I’m against and will not support it that’s for sure. I’m not close minded for change but if it will not cause more good to community than bad then it’s for them to prove. This question is not answerable for me because at the first place the choices are not even comparable.

Let the one that supports it continue and let those members of this community, investors and user decide for what they think is right for themselves. It is pathetic to question it for we do respect yours.
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October 31, 2017, 09:23:49 AM
 #48

Its just a ask-demand market. Everyday media announcing bitcoin related news and speculations. Too many new comers jump in the board.
Production still remains same and going to be a halving in 2019 this is what going to be priced.
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October 31, 2017, 09:55:30 AM
 #49

There is only one original bitcoin and those who copies bitcoin to create another cryptocurrencies will always be called altcoins or alternative coins. It will remain as the leading cryptocurrency in the market and neither hardforks nor segwits will change that. For the few years, many developers attempted to create alternative virtual coins to challenge the dominance of bitcoin but til now no one is able to overtake its current top position.

i see most people are starting to support this new forked coins called bitcoin2x  and many of them believed that it can replace the original bitcoin but i dont really think so because it has lack of features which is replay protection but i think that can also be fixeed on the future updates of this coin. although most people are still onto bitcoins and i guess no one can still surpass or beat bitcoins not even those forked coins.
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October 31, 2017, 10:50:12 AM
 #50

There is only one original bitcoin and those who copies bitcoin to create another cryptocurrencies will always be called altcoins or alternative coins. It will remain as the leading cryptocurrency in the market and neither hardforks nor segwits will change that. For the few years, many developers attempted to create alternative virtual coins to challenge the dominance of bitcoin but til now no one is able to overtake its current top position.

Throughout the previous forks, only one Bitcoin remains and stands strong. Most of the bitcoin users still choose to support bitcoin even weeks before the upcoming fork. They plan to dump whatever it is that they get in their wallets as soon as they get it during the fork. Some try to give it a shot by choosing to still hold it or trade it because they believe their to be potential but bitcoin would still remain and continues to be resilient despite the hardforks and segwits that we experience.
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October 31, 2017, 10:18:40 PM
 #51

I wish to emphasize the following fact : it seems that the maintainer of the btc1 fork has proven little/poor expertise in implementing the replay protection routine before eventually reverting it.

So the question is : do we, users, have  to use a so poorly maintained branch ? Not to mention the modifications of the code of that branch that would follow and would most probably compromise the stability of the whole thing...

This is a *bad* halloween joke. 
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October 31, 2017, 10:35:01 PM
 #52

Why many people are against sigwith2x is because, bitcoiner see it as governments taking over the control of bitcoin! I have read many blockchain technology experts comment on this and all of them keep repeating this comment in the article and post. On reddit I read last week when an expert was saying this should not been allowed to happen as sigwith2x is politicians take over of bitcoin. To me after the fork we would remain with bitcoin core and bitcoin core will ever remain the original bitcoin.
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October 31, 2017, 10:39:43 PM
 #53

There is only one original bitcoin and those who copies bitcoin to create another cryptocurrencies will always be called altcoins or alternative coins. It will remain as the leading cryptocurrency in the market and neither hardforks nor segwits will change that. For the few years, many developers attempted to create alternative virtual coins to challenge the dominance of bitcoin but til now no one is able to overtake its current top position.

Throughout the previous forks, only one Bitcoin remains and stands strong. Most of the bitcoin users still choose to support bitcoin even weeks before the upcoming fork. They plan to dump whatever it is that they get in their wallets as soon as they get it during the fork. Some try to give it a shot by choosing to still hold it or trade it because they believe their to be potential but bitcoin would still remain and continues to be resilient despite the hardforks and segwits that we experience.

I started to consider all of the forked bitcoins as altcoins. They're not any type of bitcoin after they are forked from the main and exact blockchain. They can't replace the exact BTC and they can't fool people. Stay awake and adopt the real bitcoin only.
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October 31, 2017, 10:43:35 PM
 #54

B2x is supported by coinbase and will be traded within hours. Say what you want, this fork is different - this one has miner support and will have some real value and unlike the other 2 shitcoins will take some away from btc.
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October 31, 2017, 11:04:58 PM
 #55

B2x is supported by coinbase and will be traded within hours. Say what you want, this fork is different - this one has miner support and will have some real value and unlike the other 2 shitcoins will take some away from btc.

Coinbase will quote it as "B2X", the futures put it at 0.15 BTC

The worst danger IMO is Bitpay, but they will follow the money at the end. Sooooo There is 15% risk !

 
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October 31, 2017, 11:38:20 PM
 #56

B2x is supported by coinbase and will be traded within hours. Say what you want, this fork is different - this one has miner support and will have some real value and unlike the other 2 shitcoins will take some away from btc.

Coinbase will quote it as "B2X", the futures put it at 0.15 BTC

The worst danger IMO is Bitpay, but they will follow the money at the end. Sooooo There is 15% risk !

 

Yeah, like Bitmex traders are never wrong.  Roll Eyes
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November 01, 2017, 12:08:01 AM
 #57

@chesthing : you got a point

Are they trying to setup an UNITY-type replay protection  ?
=> https://github.com/btc1/bitcoin/pull/138
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November 01, 2017, 06:37:08 AM
 #58

I would like to believe that bitcoin will still remain as the main crypto coin and that segwit 2x  will be just like the bitcoin cash although it is supported by coinbase I think it cannot surpass the market bitcoin has established in the past year also the value appreciation we are enjoying these days makes bitcoin more worthy to earn. If segwit would need to replace bitcoin it needs to make people believe that it is worth and that it will not crashed and suddenly lose its value.
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November 01, 2017, 07:21:56 AM
 #59

B2x is supported by coinbase and will be traded within hours. Say what you want, this fork is different - this one has miner support and will have some real value and unlike the other 2 shitcoins will take some away from btc.

Miner support is dropping rapidly.  It recently went from 86% support to 63%.  Very unlikely to get much support to be any kind of legitimate threat to BTC. 

https://www.cryptocoinsnews.com/charlie-lee-gbminers-has-stopped-signaling-for-segwit2x-hard-fork/
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November 01, 2017, 08:46:07 AM
 #60


Miner support is dropping rapidly.  It recently went from 86% support to 63%.  Very unlikely to get much support to be any kind of legitimate threat to BTC.  

https://www.cryptocoinsnews.com/charlie-lee-gbminers-has-stopped-signaling-for-segwit2x-hard-fork/


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