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Author Topic: Game Of Thrones Happening With Bitcoin, Price Will Go Down More. Here's Why  (Read 659 times)
imteaz (OP)
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November 10, 2017, 04:31:10 PM
Last edit: November 10, 2017, 08:56:42 PM by imteaz
 #1

Now there are 3 groups, who are trying to control the bitcoin. First the top 6 executive, currently who has all power, and called off the segwit 2x fork. 2nd the mine farm, who also has control 30% of power and 3rd the stakeholder.

1. 6 Top executive who called off the segwit 2x fork 24 hours ago, and within minutes we seen the result of increasing all alt coin as well as bitcoin price, as some where happy it won't be divided. So that means those 6 people has so much power and controlling bitcoin future. Which is not good!

2. Bitcoin miner who want segwit 2x to happens, because they don't want those 6 people control bitcoin, as they also wants power. So they will go ahead with segwit2x fork anyways, it says on their website which can be found here https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000689.html
Also here one group claiming they also will go ahead with the fork: https://bitcoin2x.org/

3. Bitcoin stakeholder, they also don't want those 6 people control the bitcoin, and bitcoin transaction is slow, now they want to leave bitcoin and jump into Bitcoin Cash, because it has more power & speed than bitcoin, so they trying to make BCH is the main bitcoin. That's why you see all of sudden all price going down but Bitcoin Cash price going up, because more and more stakeholder moving bitcoin to bitcoin cash.

So this is game of power, not sure who will win end of the day but, we the average ppl will lose so much money because of some greedy people.

Buy Bitcoin Cash & Dump Bitcoin

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November 10, 2017, 04:47:51 PM
 #2

No it isn't.
Now there are 3 groups, who are trying to control the bitcoin. First the top 6 executive, currently who has all power, and called off the segwit 2x fork.
Right, so the people that you claim have "all power" are the same people who only garnered enough consensus for the SegWit2x futures price to be 0.17 BTC by the time they called it off?

There are several different groups in BTC that have varying levels of power.  Ultimately, all of those groups rely on at least some economic consensus in order to do well.
Bitcoin miner who want segwit 2x to happens, because they don't want those 6 people control bitcoin, as they also wants power.
Here's another thing that makes very little sense.

I'm not sure why you have to excessively analyse the situation to claim that it's a "game of power" despite the fact that almost no power is being gained or lost throughout this process, but it's quite irritating and far more confusing.
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November 10, 2017, 04:49:51 PM
 #3

Now there are 3 groups, who are trying to control the bitcoin. First the top 6 executive, currently who has all power, and called off the segwit 2x fork. 2nd the mine farm, who also has control 30% of power and 3rd the stakeholder.

1. 6 Top executive who called off the segwit 2x fork 24 hours ago, and within minutes we seen the result of increasing all alt coin as well as bitcoin price, as some where happy it won't be divided. So that means those 6 people has so much power and controlling bitcoin future. Which is not good!

2. Bitcoin miner who want segwit 2x to happens, because they don't want those 6 people control bitcoin, as they also wants power. So they will go ahead with segwit2x fork anyways, it says on their website which can be found here https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000689.html
Also here one group claiming they also will go ahead with the fork: https://bitcoin2x.org/

3. Bitcoin stakeholder, they also don't want those 6 people control the bitcoin, and bitcoin transaction is slow, now they want to leave bitcoin and jump into Bitcoin Cash, because it has more power & speed than bitcoin, so they trying to make BCH is the main bitcoin. That's why you see all of sudden all price going down but Bitcoin Cash price going up, because more and more stakeholder moving bitcoin to bitcoin cash.

So this is game of power, not sure who will win end of the day but, we the average ppl will lose so much money because of some greedy people.

Nicely written topic but I have few objections. You said 6 Top executive heads have control over Bitcoin as when they called off Segwit2X fork, prices of Bitcoin and alts rose. But it was merely a speculative pump for all coins or we can say investors once again disperse their portfolio which they limited to Bitcoin prior to fork cancellation. So in real world, they don't have any control over Bitcoin than just driving the market for a short span as prices are once again under correction.
On the other hand, who said BCH growing because people are leaving Bitcoin and jumping to it. There are many more cryptocurrencies faster and cheaper to send than BCH is. So this can't be the reason. It is just a temporary shift and couldn't sustain for long.
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November 10, 2017, 05:00:02 PM
 #4

Now there are 3 groups, who are trying to control the bitcoin. First the top 6 executive, currently who has all power, and called off the segwit 2x fork. 2nd the mine farm, who also has control 30% of power and 3rd the stakeholder.

1. 6 Top executive who called off the segwit 2x fork 24 hours ago, and within minutes we seen the result of increasing all alt coin as well as bitcoin price, as some where happy it won't be divided. So that means those 6 people has so much power and controlling bitcoin future. Which is not good!

2. Bitcoin miner who want segwit 2x to happens, because they don't want those 6 people control bitcoin, as they also wants power. So they will go ahead with segwit2x fork anyways, it says on their website which can be found here https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000689.html
Also here one group claiming they also will go ahead with the fork: https://bitcoin2x.org/

3. Bitcoin stakeholder, they also don't want those 6 people control the bitcoin, and bitcoin transaction is slow, now they want to leave bitcoin and jump into Bitcoin Cash, because it has more power & speed than bitcoin, so they trying to make BCH is the main bitcoin. That's why you see all of sudden all price going down but Bitcoin Cash price going up, because more and more stakeholder moving bitcoin to bitcoin cash.

So this is game of power, not sure who will win end of the day but, we the average ppl will lose so much money because of some greedy people.

It has been a practice that rich people due to its greediness make the life of poor people more poor.  They are always the one who controlled everything.  If the price of the bitcoin will go down, I will continue to hold bitcoin and let its price to goes up.I knew bitcoin and I am trusting it.
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November 10, 2017, 05:05:52 PM
 #5

Hahs.. this sounds like a  propaganda. I doubt any those are the cause of the current price decrease. It was already predicted that Bitcoin price would go down and then go back up..some traders were probably aware.
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November 10, 2017, 05:07:54 PM
 #6

The difference is.... Game of Thrones is just a TV series and Bitcoin is a Billion Dollar experiment where people can lose a lot

of money. These people should not mess around with people's life savings.... We will never see a end to these power

struggles, because there are a lot of pride and power on the line. Mess with people's money and you going to get hurt.  Wink

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November 10, 2017, 05:28:39 PM
 #7

3. Bitcoin stakeholder, they also don't want those 6 people control the bitcoin, and bitcoin transaction is slow, now they want to leave bitcoin and jump into Bitcoin Cash, because it has more power & speed than bitcoin, so they trying to make BCH is the main bitcoin. That's why you see all of sudden all price going down but Bitcoin Cash price going up, because more and more stakeholder moving bitcoin to bitcoin cash.

So this is game of power, not sure who will win end of the day but, we the average ppl will lose so much money because of some greedy people.
I totally contradict with your third point that bitcoin stakeholder just wish to leave bitcoin and jump to BCH.Bitcoin price is going down only for the reason that people who bought bitcoins for getting free coins are totally upset for not getting free coins due to segwit2x cancellation.Now,its time for them to sell bitcoins and buy alcoins and that's what we see happening.And BCH price increasing is nothing other than its price being pumped fiercely to compete with bitcoin and show that only it could be the substitute for bitcoin.Other than this,BCH does not deserve to replace bitcoin.

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November 10, 2017, 05:58:35 PM
 #8

Ultimately China government win. More than 70% of the BTC miners are from China despite being different entities. China government just need to pass the word down to unite the 70%+ of miners to follow their rule and regulation eventually else they will probably render their BTC holding worthless or something along the line.

imteaz (OP)
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November 10, 2017, 07:20:27 PM
 #9

No it isn't.
Now there are 3 groups, who are trying to control the bitcoin. First the top 6 executive, currently who has all power, and called off the segwit 2x fork.
Right, so the people that you claim have "all power" are the same people who only garnered enough consensus for the SegWit2x futures price to be 0.17 BTC by the time they called it off?

There are several different groups in BTC that have varying levels of power.  Ultimately, all of those groups rely on at least some economic consensus in order to do well.
Bitcoin miner who want segwit 2x to happens, because they don't want those 6 people control bitcoin, as they also wants power.
Here's another thing that makes very little sense.

I'm not sure why you have to excessively analyse the situation to claim that it's a "game of power" despite the fact that almost no power is being gained or lost throughout this process, but it's quite irritating and far more confusing.

I know what am talking about, here is the proof in last 5 hours.


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November 10, 2017, 07:34:35 PM
 #10

Segwit2x is not going to go ahead, I've no idea where these rumours are coming from. It's dead, buried.

There is no point doing it, it would cause too much turmoil. And they have bitcoincash with it's large blocks, so they're better off promoting that instead of trying another fork.

 
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November 10, 2017, 08:16:50 PM
 #11

great analysis an analogy
imteaz (OP)
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November 10, 2017, 08:57:46 PM
 #12

Guys still have chance, dump your bitcoin and buy bitcoin cash. Before it's too late.

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November 11, 2017, 02:38:49 AM
 #13

Now there are 3 groups, who are trying to control the bitcoin. First the top 6 executive, currently who has all power, and called off the segwit 2x fork. 2nd the mine farm, who also has control 30% of power and 3rd the stakeholder.

1. 6 Top executive who called off the segwit 2x fork 24 hours ago, and within minutes we seen the result of increasing all alt coin as well as bitcoin price, as some where happy it won't be divided. So that means those 6 people has so much power and controlling bitcoin future. Which is not good!

2. Bitcoin miner who want segwit 2x to happens, because they don't want those 6 people control bitcoin, as they also wants power. So they will go ahead with segwit2x fork anyways, it says on their website which can be found here https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000689.html
Also here one group claiming they also will go ahead with the fork: https://bitcoin2x.org/

3. Bitcoin stakeholder, they also don't want those 6 people control the bitcoin, and bitcoin transaction is slow, now they want to leave bitcoin and jump into Bitcoin Cash, because it has more power & speed than bitcoin, so they trying to make BCH is the main bitcoin. That's why you see all of sudden all price going down but Bitcoin Cash price going up, because more and more stakeholder moving bitcoin to bitcoin cash.

So this is game of power, not sure who will win end of the day but, we the average ppl will lose so much money because of some greedy people.

Buy Bitcoin Cash & Dump Bitcoin

if you mean winter is coming, then I can agree with that Grin if this is just a "readjustment" , then the actual correction is going to be carnage. like the China news, all we are going to see is a bunch of volatile sidewaysing/ gradual decline until there is a clear message about the path ahead. i wouldnt tell everyone to throw in the towel just yet; we are still young and of course we are going to see shit like this in our early years. but yes, this is pure greed/a power grab. and i wouldnt be so rosy on bch either; there is a lot of intrigue behind that split as well.

keep calm and.. i really dont know, people.
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November 11, 2017, 02:41:14 AM
 #14

Bitcoin is the only "true" crypto.

Bitcoin cash.... please... What now they'll bring back Mooncoin ?
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November 11, 2017, 05:34:56 AM
 #15

Did you see how they'd jumped every body at the end? brothers jumped their long lost sisters, kings and queens jumped alive and dead dragons, who is Wu here? who is Satoshi and why on earth some boy with no dick jumped that servant girl but I'm unable to jump any body being young and healthy?
We had our lol.

You say Bitcoin cash reaches $10,000 and Bitcoin drops to $2000. it'll be called Bitcoin no matter what price it has, you'll have to carry the name of BTC every where you go.

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November 11, 2017, 05:54:29 AM
 #16

Did you see how they'd jumped every body at the end? brothers jumped their long lost sisters, kings and queens jumped alive and dead dragons, who is Wu here? who is Satoshi and why on earth some boy with no dick jumped that servant girl but I'm unable to jump any body being young and healthy?
We had our lol.

You say Bitcoin cash reaches $10,000 and Bitcoin drops to $2000. it'll be called Bitcoin no matter what price it has, you'll have to carry the name of BTC every where you go.

BitcoinZ (BTCZ) has gone astro to 72 Satoshi Proof that BTC is dead Smiley

I think U R right, U know China lat month said what they wanted was the "Bitcoin Brand", its doesn't matter what's inside, they want the brand, they already control BCH

BTG, BCH, BTC is all china,

Probably the only think under western control is BTCZ

Kind of funny to see all these  western people arguing about the control of BTC ( & alts ) when in fact China has had +90% hash-power for how long?? Since 2003?

NYA/SEGWIT2 dropping out was fantastic news


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I still say that BITMAIN controls BCH, and they own what 100's of 1,000's of BTC?? They could sell BTC & buy BCH and send BCH to the moon, any time they wish.

What difference does it make?

BUY&HOLD ppl hold both, only the idiot traders, flippers, seem to be concerned, ppl who held BTC when BCH launched got their BCH, so they don't care, the only ppl who care are the flippers, but they're always the losers, so who cares??

Nobody cares,


BIG ASIC CHINA wants to OWN the BTC "BRAND", that's all you got to know.
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November 11, 2017, 05:57:26 PM
 #17

I warned about it 48 hours ago, and seems i was right. Bitcoin cash price going up Smiley It will go up more.. bit whale dumping bitcoin for bitcoin cash.

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