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Author Topic: SW2x cancelation will crash Bitcoin  (Read 2075 times)
Juggy777
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November 10, 2017, 01:34:39 PM
 #41

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.

I am bit surprised the reaction btc2x is gaining, it should not be a bug surprise that it was going to fall, cause it had failed to clinch the support, plus it didn't even have replay protection so not a big surprise that it failed. Yes the prices of Bitcoin have come down but I would say every dip is a buying opportunity and there no need to worry that it failed, cause I don't think so it has, people are just getting paranoid, Bitcoin shall rise to glory very soon, I am 100% positive it shall rise. Just a temporary setback.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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kwukduck (OP)
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November 10, 2017, 02:38:45 PM
 #42

We can already see massive dumping of Bitcoin of people to get their hands on Bitcoin Cash

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November 10, 2017, 11:07:19 PM
 #43

Dash is waiting to pick up where bitcoin left off.

With an instamined, insecure anonymous transaction network that extracts rewards from miners to fill the pockets of early adopters? no thank you Smiley



Dash will continue onwards with or without your endorsement.

Dash was fastmined in the beginning, no one tries to hide that. I would say that is small compared to ICOs and initial distribution of new coins. Dash has been available very cheap for a long time on free market in as much quantity as later adopters would have wanted. You didn't buy because you thought it was a scam. Your loss.  

Dash extracts rewards from miners to fund the masternode network and treasury. Masternode network comprises incentivesed nodes, this forms a strong network. Treasury funds core developers, enhancements to the ecosystem, marketing and much more.

Dash has just upgraded to 2M blocks without controversy, its latest hard fork, like all the previous hard forks, passed without a rival blockchain being spawned. Dash has low fees and is integrated in more and more places.

You write it off you miss out.  

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November 11, 2017, 03:29:40 AM
 #44

2x is going to go ahead

how is kwuckduck related to proudhon?



Yes there were some people on social media saying that a supporter of Segwit2x controls 30% of Bitcoin's hash rate. I believe no one is taking him seriously. Many believe that he bought at the top to get free B2x and then got angry that hard fork was cancelled.

kwukduck's trading signals are always the opposite of what the market does.

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November 11, 2017, 09:17:01 AM
 #45

crash will happen  if 2x win and may use it so that bitcoin will have coin against it (price may be down more than 1000$) but now it is small correction

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November 11, 2017, 04:19:02 PM
 #46

Dash is waiting to pick up where bitcoin left off.

With an instamined, insecure anonymous transaction network that extracts rewards from miners to fill the pockets of early adopters? no thank you Smiley

Dash will continue onwards with or without your endorsement.

Dash was fastmined in the beginning, no one tries to hide that. I would say that is small compared to ICOs and initial distribution of new coins. Dash has been available very cheap for a long time on free market in as much quantity as later adopters would have wanted. You didn't buy because you thought it was a scam. Your loss.  

Dash extracts rewards from miners to fund the masternode network and treasury. Masternode network comprises incentivesed nodes, this forms a strong network. Treasury funds core developers, enhancements to the ecosystem, marketing and much more.

Dash has just upgraded to 2M blocks without controversy, its latest hard fork, like all the previous hard forks, passed without a rival blockchain being spawned. Dash has low fees and is integrated in more and more places.

You write it off you miss out.  

I'm not endorsing it, you are the one shilling it in a thread about S2x Smiley

I did own Darkcoin back in the day, and it was a great project until the dev team took a totalitarian stance on it and basically told everyone what to do.

It doesn't surprise me that there aren't any controversies, as it's a completely centralized development team with nobody else having a say in it, I doubt very much rebranding and many years of climbing the CMC ladder have stopped that, there are simply a lot better alternatives out there for anonymous transactions, notably Dash's only strength. With zkSnarks and CT Ring tech advancing, it's only a matter of time before people wake up to the newer models of anonymous transactions (isn't Dash still based on CoinJoin technology?), but that's only my take. To each their own and if you are happy with Dash then by all means stay with them, I'm not to fight you, just trying to enlighten people about your shills and what they are actually getting themselves into before they spend money on the product.

I'm glad I sold when I did, even if I made a loss, it was worth not contributing to centralization at that time and I would do it again, even if Dash were number 1 Smiley
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November 11, 2017, 05:11:25 PM
Last edit: November 11, 2017, 11:48:06 PM by afbitcoins
 #47

Dash is waiting to pick up where bitcoin left off.

With an instamined, insecure anonymous transaction network that extracts rewards from miners to fill the pockets of early adopters? no thank you Smiley

Dash will continue onwards with or without your endorsement.

Dash was fastmined in the beginning, no one tries to hide that. I would say that is small compared to ICOs and initial distribution of new coins. Dash has been available very cheap for a long time on free market in as much quantity as later adopters would have wanted. You didn't buy because you thought it was a scam. Your loss.  

Dash extracts rewards from miners to fund the masternode network and treasury. Masternode network comprises incentivesed nodes, this forms a strong network. Treasury funds core developers, enhancements to the ecosystem, marketing and much more.

Dash has just upgraded to 2M blocks without controversy, its latest hard fork, like all the previous hard forks, passed without a rival blockchain being spawned. Dash has low fees and is integrated in more and more places.

You write it off you miss out.  


I'm not endorsing it, you are the one shilling it in a thread about S2x Smiley

I did own Darkcoin back in the day, and it was a great project until the dev team took a totalitarian stance on it and basically told everyone what to do.

It doesn't surprise me that there aren't any controversies, as it's a completely centralized development team with nobody else having a say in it, I doubt very much rebranding and many years of climbing the CMC ladder have stopped that, there are simply a lot better alternatives out there for anonymous transactions, notably Dash's only strength. With zkSnarks and CT Ring tech advancing, it's only a matter of time before people wake up to the newer models of anonymous transactions (isn't Dash still based on CoinJoin technology?), but that's only my take. To each their own and if you are happy with Dash then by all means stay with them, I'm not to fight you, just trying to enlighten people about your shills and what they are actually getting themselves into before they spend money on the product.

I'm glad I sold when I did, even if I made a loss, it was worth not contributing to centralization at that time and I would do it again, even if Dash were number 1 Smiley

 Dash is relevant to this topic. Many people  looked to S2X in hope bitcoin might increase blocksize and in doing so perhaps help bitcoin reduce fees and speed up confirmations. The failure of S2X means you have to look at Bitcoin cash or Dash for onchain scaling. S2X option is gone.  

Replying to your FUD about Dash does not make me a 'shill'. You imply I am paid or a plant or stooge or something. That is not the case and I don't appreciate the accusation. I happen to like Dash and seemingly know a lot more about it than you with your ignorant dismissal. When I invested in Dash it was because it was the only coin with a tier of incentivised nodes, not because it had privacy features, although the privacy features do work very well.

For the record I also like bitcoin cash. Onchain scaling is not without its problems but the same goes for offchain scaling. The lightning network is not the solution I want. Imposing a banking layer on top of the blockchain sounds worse than blockchain growing at quicker rate. Dash has a clear roadmap looking to push scaling as far as it can on chain.  

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November 11, 2017, 08:01:04 PM
 #48

We can already see massive dumping of Bitcoin of people to get their hands on Bitcoin Cash
I am sure new investors might dump bitcoin if they are in profit to get into bitcoin cash,but old investors did have the coins in their arsenal and when it hit a good price ,the chances of a dump is also possible with bitcoin cash  Wink,i do not expect a sudden rise in price like we saw in bitcoin but if it is a gradual growth,i am happy to see that as a trader. We needed a correction after the long rally and glad we will have at this point.
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November 11, 2017, 08:04:38 PM
 #49

We can already see massive dumping of Bitcoin of people to get their hands on Bitcoin Cash
I am sure new investors might dump bitcoin if they are in profit to get into bitcoin cash,but old investors did have the coins in their arsenal and when it hit a good price ,the chances of a dump is also possible with bitcoin cash  Wink,i do not expect a sudden rise in price like we saw in bitcoin but if it is a gradual growth,i am happy to see that as a trader. We needed a correction after the long rally and glad we will have at this point.

Investors dumping bitcoin to get into bitcoin cash depends on the relative pricing of the two. Plus you need to see where the short-term trade is. If by chance Bitcoin implements a scaling solution as well, then we will see Bitcoin Cash crash very, very hard.


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November 11, 2017, 08:08:12 PM
 #50

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.
Crashing bitcoin is a disaster! The bitcoin price can crash any time easily if bitcoin does not want SW2x then it could happen. Hope will always be there, this is just a game for the investors, we are only a small grain that always follow the bitcoin storyline. Cry

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November 11, 2017, 08:20:47 PM
 #51

Kwuk always shows up when the price takes a small hit. He doesn't take into account the huge gains it has made before and only chooses to see the stuff he wants to see.

Up till now it has always been a good thing to buy when Kwuk says its going to crash. I mean, he's been saying that since 200 usd.
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November 11, 2017, 08:38:47 PM
 #52

We can already see massive dumping of Bitcoin of people to get their hands on Bitcoin Cash

Yeah, but this is ridiculous. Do people realy think that Bitcoin cash replace Bitcoin? That this one rise could mean that Bitcoin cash would be better option? I don't want to believe that some are ready to do that. We have complicated situation at the moment because of fork cancellation and so many different opinions and streams within the Bitcoin community which is very bad and makes the confusion but all this fud about the end of the Bitcoin are way too exaggerated.

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November 11, 2017, 09:20:23 PM
 #53

We can already see massive dumping of Bitcoin of people to get their hands on Bitcoin Cash
I am sure new investors might dump bitcoin if they are in profit to get into bitcoin cash,but old investors did have the coins in their arsenal and when it hit a good price ,the chances of a dump is also possible with bitcoin cash  Wink,i do not expect a sudden rise in price like we saw in bitcoin but if it is a gradual growth,i am happy to see that as a trader. We needed a correction after the long rally and glad we will have at this point.

I that happens that bitcoin will have its gradual growth today, well I am positive that it was just a balance situations on all crypto currencies. That happens with a purpose and it was just a matter of supply and demand scenario, if those investors dump their assets then we can see supply increases. Fluctuations took place of what's currently happening right now but the thinking about bitcoin crash after that cancellation of segwit2x isn't a good speculation. If we see bitcoin fall down of its value, we can't conclude that it will not recover its value but expect it will bounce back and that $8000 will become a reality this year.

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November 12, 2017, 10:06:35 AM
 #54

Accumulation increases more than 160k unconfirmed-transactions + rise of fees   
These results because Cancellation SW2x


yes bitcoin can crash
 
Remember remember the 5th of November
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November 12, 2017, 10:14:24 AM
 #55

Kwuk always shows up when the price takes a small hit. He doesn't take into account the huge gains it has made before and only chooses to see the stuff he wants to see.

Up till now it has always been a good thing to buy when Kwuk says its going to crash. I mean, he's been saying that since 200 usd.
It's likely some sockpuppet account aiming to spread FUD to cause panic and ultimately gain money.

He also praises BCH when it's held by a giant miner with ASICBOOST plastered over, moreover solves no environmental problems.

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November 12, 2017, 10:26:29 AM
 #56

The 2x event might not even be canceled yet but the reality is that we'll might be seeing bitcoin gold coming live in terms of mining and in markets. I don't think that what's happening with bitcoin's price is all that related to real world events though. Cryptocurrency markets are unregulated and driven by speculation so the selling pressure might as well just be profit taking form the last few weeks.

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November 12, 2017, 10:30:02 AM
 #57

Dash is relevant to this topic. Many people  looked to S2X in hope bitcoin might increase blocksize and in doing so perhaps help bitcoin reduce fees and speed up confirmations. The failure of S2X means you have to look at Bitcoin cash or Dash for onchain scaling. S2X option is gone.  

Or you look at any other of the 700 altcoins Smiley Anyways, I haven't accused you and sorry if you interpreted it this way. As I said, I'm glad your happy with your purchase and your Masternode coin but don't make it sound like as if Dash or BCH is the only solution when any coin has the same technology and sometimes even better (isn't the block confirmation time for bitcoin cash still 10 minutes?) and can solve the scaling in an elegant and modest way at least as good as your coins could.

Not gonna reply anymore since you're set on your opinion and this is about B2x and not BCH or Dash, so it's irrelevant to the topic and I will no longer contribute de-railing this thread with a pointless quarrel.
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November 17, 2017, 05:25:59 AM
 #58

KWUKDUCK WARNING! Look at OP.

To prove that kwukduck's "warnings" are a good time to buy, let us time stamp his post made on November 9, 2017 by quoting it.

Then look at the price of Bitcoin following after he made that post,
Quote
Date             Price

2017-11-09 - $7148
2017-11-10 - $6588.18
2017-11-11 - $6355.13
2017-11-12 - $5870.37
2017-11-13 - $6525.17
2017-11-14 - $6609
2017-11-15 - $7294

The timing is very bizarre as they also were in the past. I believe we have our own oracle in the forum, but we do the opposite of what he says.


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November 17, 2017, 10:09:45 AM
 #59

To prove that kwukduck's "warnings" are a good time to buy, let us time stamp his post made on November 9, 2017 by quoting it.

true enough.
i have always said kwukduck is like those little green leaves on the branches of trees which are giving us news about spring Grin
whenever kwukduck says something, it always translates into "The Spring is Coming". and surely enough he always says it in the dips, near the bottom which is a well known time to buy bitcoin. and the rise is always guaranteed.

he has been doing this from 2010!

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November 18, 2017, 06:56:20 AM
 #60

Since 2010? He must be pulling all his hair from all the missed buying opportunities. But beware though, if he starts giving bullish advice I believe that is the signal to short Bitcoin.

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