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Author Topic: Bitcoin continues to split  (Read 186 times)
Morgenet (OP)
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January 16, 2018, 04:40:16 AM
 #1

Bitcoin continues to split

The basket with forks does not run low.

Another subspecies of the main Bitcoin crypto currency, called "World Bitcoin", was born during the passage of the 503,888 block. Total will be emitted 2,121 billion "world" Bitcoin, interestingly, 21 million coins will be controlled by the company WBTC Foundation.

Fork for fork...

To the owners of the main Bitcoin, the creators are raring to enroll a newborn coin in the ratio of 1 Bitcoin to 100 WBTC.

More
pooya87
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January 16, 2018, 04:55:34 AM
 #2

your title is dumb since bitcoin did not split. bitcoin is still bitcoin with 100% of the majority on it. a split means when a big part of the network chooses a different chain than the rest of it and fork like that.

when some random idiot copy pastes bitcoin code that is not called "split" it is called creating an altcoin. and so far there has been 667 forks of bitcoin creating useless altcoins https://bitcointalk.org/index.php?topic=2292712.0

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btcton
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January 16, 2018, 04:58:35 AM
 #3

Most, if not all, of the forks happening now are completely worthless and useless. The only forks that has ever happened that had any of degree of success at all and that is still used to the current day is Bitcoin Cash, and even that has many people speculating against it. The only fork that I even know of by name besides Bitcoin Cash is Bitcoin Gold, which I have not even bothered to follow at all and since I have not read anything about it since its release, I assume that it is just another useless fork by now. Don't buy into the idea of forks, they are just tools some people use to try to create money out of thin air and the developers will most likely try to cash out when their fork is at its peak.

Also while I was typing this, the poster above mentioned the technicalities of the word "split". I completely agree with this.

The signature campaign posters adding useless redundant fluff to their posts to reach their minimum word count are lowering my IQ.
A Feeder
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January 16, 2018, 05:12:34 AM
 #4

Bitcoin continues to split

The basket with forks does not run low.

Another subspecies of the main Bitcoin crypto currency, called "World Bitcoin", was born during the passage of the 503,888 block. Total will be emitted 2,121 billion "world" Bitcoin, interestingly, 21 million coins will be controlled by the company WBTC Foundation.

Fork for fork...

To the owners of the main Bitcoin, the creators are raring to enroll a newborn coin in the ratio of 1 Bitcoin to 100 WBTC.

More
It did not split because bitcoin still stays on the blockchain. If it had already splited, It's price will deflate at a high rate and most people will lose interest. Also, the forks only creates alt coins which did not experienced the uptrend since their creation.
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January 16, 2018, 05:15:34 AM
 #5

when some random idiot copy pastes bitcoin code that is not called "split" it is called creating an altcoin. and so far there has been 667 forks of bitcoin creating useless altcoins https://bitcointalk.org/index.php?topic=2292712.0

It's a shame that website no longer updates.  Sad

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January 16, 2018, 05:21:18 AM
 #6

Bitcoin continues to split

The basket with forks does not run low.

Another subspecies of the main Bitcoin crypto currency, called "World Bitcoin", was born during the passage of the 503,888 block. Total will be emitted 2,121 billion "world" Bitcoin, interestingly, 21 million coins will be controlled by the company WBTC Foundation.

Fork for fork...

To the owners of the main Bitcoin, the creators are raring to enroll a newborn coin in the ratio of 1 Bitcoin to 100 WBTC.

More

If the creator of the new coin, changes the number of coins and keeps a sizable chunk of coins for the Foundation, then there is no point even calling it a "fork". It is at best an air-drop. A lot of people will just ignore it and the coin will slowly fade into oblivion.


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Wind_FURY
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January 16, 2018, 05:25:13 AM
 #7

your title is dumb since bitcoin did not split. bitcoin is still bitcoin with 100% of the majority on it. a split means when a big part of the network chooses a different chain than the rest of it and fork like that.

when some random idiot copy pastes bitcoin code that is not called "split" it is called creating an altcoin. and so far there has been 667 forks of bitcoin creating useless altcoins https://bitcointalk.org/index.php?topic=2292712.0

But some Bitcoin Cash people do not believe so. Under the lead of Roger Ver, they say that Bitcoin has already "split" into two. Bitcoin Core and Bitcoin Cash, and one of them is the "real" Bitcoin. The one that maintains "Satoshi's Vision".

I do not know if I should laugh or cry. Or maybe we should cry in laughter.

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pooya87
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January 16, 2018, 05:40:19 AM
 #8

your title is dumb since bitcoin did not split. bitcoin is still bitcoin with 100% of the majority on it. a split means when a big part of the network chooses a different chain than the rest of it and fork like that.

when some random idiot copy pastes bitcoin code that is not called "split" it is called creating an altcoin. and so far there has been 667 forks of bitcoin creating useless altcoins https://bitcointalk.org/index.php?topic=2292712.0

But some Bitcoin Cash people do not believe so. Under the lead of Roger Ver, they say that Bitcoin has already "split" into two. Bitcoin Core and Bitcoin Cash, and one of them is the "real" Bitcoin. The one that maintains "Satoshi's Vision".

I do not know if I should laugh or cry. Or maybe we should cry in laughter.

well bitcoin cash at least had some hashrate support and some followers so it makes sense to call that a "split" since it somehow matches the definition i gave above. but to call it "real" bitcoin is wrong because "real" bitcoin is the one with majority support, and BCH does not have that if someday BCH gains that then it becomes the "real" bitcoin. but with the recent spam attack against it which lasted nearly 50 hours i think people can realize that the same issues persist on BCH: fees went up from <$0.01 to $0.12 when blocks were full.
and blocks became full while normally they are less than 200 kB

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January 16, 2018, 05:40:38 AM
 #9

your title is dumb since bitcoin did not split. bitcoin is still bitcoin with 100% of the majority on it. a split means when a big part of the network chooses a different chain than the rest of it and fork like that.

when some random idiot copy pastes bitcoin code that is not called "split" it is called creating an altcoin. and so far there has been 667 forks of bitcoin creating useless altcoins https://bitcointalk.org/index.php?topic=2292712.0

I don’t think the OP wrote the article so it’s not his title. If you clicked the link you would see the title is “bitcoin continues to split”. Although, I agree it’s a stupid name and a stupid article. Altturds continue to use the name bitcoin to confuse and draw people into investing in the wrong coin. That’s the same thing Bitcoin Cash did. As far as I’m concerned Bitcoin Cash is just another shitcoin.


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January 16, 2018, 05:55:09 AM
 #10

your title is dumb since bitcoin did not split. bitcoin is still bitcoin with 100% of the majority on it. a split means when a big part of the network chooses a different chain than the rest of it and fork like that.

when some random idiot copy pastes bitcoin code that is not called "split" it is called creating an altcoin. and so far there has been 667 forks of bitcoin creating useless altcoins https://bitcointalk.org/index.php?topic=2292712.0

I don’t think the OP wrote the article so it’s not his title. If you clicked the link you would see the title is “bitcoin continues to split”. Although, I agree it’s a stupid name and a stupid article. Altturds continue to use the name bitcoin to confuse and draw people into investing in the wrong coin. That’s the same thing Bitcoin Cash did. As far as I’m concerned Bitcoin Cash is just another shitcoin.



I have a problem with these forks/splits, because in my opinion it dilutes the Brand. You have the original Bitcoin fighting for survival with every splinter group forking/splitting the coin. The other problem is, when they split/fork, they imitate the original coin and this creates confusion. <People thinking they are buying the real Bitcoin (BTC) but actually buying these Shitcoins, like Bitcoin Cash. <BCash>

If you want to create a Alt coin, go pick a original name and be done with it, stop leeching the Bitcoin Brand. ^grrrrrrr^

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January 17, 2018, 04:20:07 AM
Last edit: January 18, 2018, 06:03:44 AM by Wind_FURY
 #11

your title is dumb since bitcoin did not split. bitcoin is still bitcoin with 100% of the majority on it. a split means when a big part of the network chooses a different chain than the rest of it and fork like that.

when some random idiot copy pastes bitcoin code that is not called "split" it is called creating an altcoin. and so far there has been 667 forks of bitcoin creating useless altcoins https://bitcointalk.org/index.php?topic=2292712.0

But some Bitcoin Cash people do not believe so. Under the lead of Roger Ver, they say that Bitcoin has already "split" into two. Bitcoin Core and Bitcoin Cash, and one of them is the "real" Bitcoin. The one that maintains "Satoshi's Vision".

I do not know if I should laugh or cry. Or maybe we should cry in laughter.

well bitcoin cash at least had some hashrate support and some followers so it makes sense to call that a "split" since it somehow matches the definition i gave above. but to call it "real" bitcoin is wrong because "real" bitcoin is the one with majority support, and BCH does not have that if someday BCH gains that then it becomes the "real" bitcoin. but with the recent spam attack against it which lasted nearly 50 hours i think people can realize that the same issues persist on BCH: fees went up from <$0.01 to $0.12 when blocks were full.
and blocks became full while normally they are less than 200 kB

Hahaha no. Bitcoin Cash will never be the real Bitcoin. It was the network that split away from the main chain by changing its consensus rules and putting replay protection. It is an altcoin, and not only that, it is an attack on Bitcoin. do not give in the Roger Ver's propaganda.

your title is dumb since bitcoin did not split. bitcoin is still bitcoin with 100% of the majority on it. a split means when a big part of the network chooses a different chain than the rest of it and fork like that.

when some random idiot copy pastes bitcoin code that is not called "split" it is called creating an altcoin. and so far there has been 667 forks of bitcoin creating useless altcoins https://bitcointalk.org/index.php?topic=2292712.0
As far as I’m concerned Bitcoin Cash is just another shitcoin.



It is good to know that I am not the only one.

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January 17, 2018, 04:26:13 AM
 #12

First i think bitcoin split is meaning bitcoin loose 50% of their price ))
Forking is the good choose for the lazy developers, who cant or dont want create own code

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January 17, 2018, 06:02:33 AM
 #13

your title is dumb since bitcoin did not split. bitcoin is still bitcoin with 100% of the majority on it. a split means when a big part of the network chooses a different chain than the rest of it and fork like that.

when some random idiot copy pastes bitcoin code that is not called "split" it is called creating an altcoin. and so far there has been 667 forks of bitcoin creating useless altcoins https://bitcointalk.org/index.php?topic=2292712.0

But some Bitcoin Cash people do not believe so. Under the lead of Roger Ver, they say that Bitcoin has already "split" into two. Bitcoin Core and Bitcoin Cash, and one of them is the "real" Bitcoin. The one that maintains "Satoshi's Vision".

I do not know if I should laugh or cry. Or maybe we should cry in laughter.

well bitcoin cash at least had some hashrate support and some followers so it makes sense to call that a "split" since it somehow matches the definition i gave above. but to call it "real" bitcoin is wrong because "real" bitcoin is the one with majority support, and BCH does not have that if someday BCH gains that then it becomes the "real" bitcoin. but with the recent spam attack against it which lasted nearly 50 hours i think people can realize that the same issues persist on BCH: fees went up from <$0.01 to $0.12 when blocks were full.
and blocks became full while normally they are less than 200 kB

Hahaha no. Bitcoin Cash will never be the real Bitcoin. It was the network the split away from the main chain by changing its consensus rules and putting replay protection. It is an altcoin, and not only that, it is an attack on Bitcoin. do not give in the Roger Ver's propaganda.

your title is dumb since bitcoin did not split. bitcoin is still bitcoin with 100% of the majority on it. a split means when a big part of the network chooses a different chain than the rest of it and fork like that.

when some random idiot copy pastes bitcoin code that is not called "split" it is called creating an altcoin. and so far there has been 667 forks of bitcoin creating useless altcoins https://bitcointalk.org/index.php?topic=2292712.0
As far as I’m concerned Bitcoin Cash is just another shitcoin.



It is good to know that I am not the only one.

Oh no, you’re not alone. Just the fact Roger Ver supports it is enough reason to know it’s a shitcoin. I wouldn’t buy a baked potato for ten cents from Ver if it came with a free Mercedes.

redhondaxrm125
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January 17, 2018, 05:49:47 PM
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your title is dumb since bitcoin did not split. bitcoin is still bitcoin with 100% of the majority on it. a split means when a big part of the network chooses a different chain than the rest of it and fork like that.

when some random idiot copy pastes bitcoin code that is not called "split" it is called creating an altcoin. and so far there has been 667 forks of bitcoin creating useless altcoins https://bitcointalk.org/index.php?topic=2292712.0

Precisely. There are really a lot of people that i see nowadays that get easily confused by this. Really cannot comprehend why, but a wild guess is that they are too busy thinking of their greed rather than taking the time to read about basic things they need to know about not just bitcoin but also with other crypto currencies that are currently existing (at least some of them).
But hey, i also do not know a lot yet and still learning., but i just can't help but notice. So please excuse me.
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