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Author Topic: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World!  (Read 329752 times)
FunkyDuck
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March 17, 2017, 08:01:02 PM
 #2721

Wow vorhees reads your thread and commented about your topic, in another thread on another site...


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evoorhees• 2h
To those in this /r/bitcoin sub riddle thread that read the above as "exchanges say BTU is an altcoin" you are missing the point. Exchanges are actually saying, "we are increasingly believing a HF is going to happen and here is how we are dealing with it practically."

Calling the new fork BTU is about practical issues related to running continuous markets. It is not "labelling the new chain an altcoin." Also stated in the announcement, is that if the fork chain (BTU) eventually becomes the clear dominance chain (upon a confluence of metrics), then it would be assigned the BTC symbol.


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Vlad2Vlad
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March 17, 2017, 08:48:39 PM
 #2722

Wow vorhees reads your thread and commented about your topic, in another thread on another site...


Quote
evoorhees• 2h
To those in this /r/bitcoin sub riddle thread that read the above as "exchanges say BTU is an altcoin" you are missing the point. Exchanges are actually saying, "we are increasingly believing a HF is going to happen and here is how we are dealing with it practically."

Calling the new fork BTU is about practical issues related to running continuous markets. It is not "labelling the new chain an altcoin." Also stated in the announcement, is that if the fork chain (BTU) eventually becomes the clear dominance chain (upon a confluence of metrics), then it would be assigned the BTC symbol.


What?  Are you putting me on?  You got a link? 

IXcoin + BCH = Global Domination!
MarketMagic
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March 17, 2017, 10:13:01 PM
 #2723

Wow vorhees reads your thread and commented about your topic, in another thread on another site...


Quote
evoorhees• 2h
To those in this /r/bitcoin sub riddle thread that read the above as "exchanges say BTU is an altcoin" you are missing the point. Exchanges are actually saying, "we are increasingly believing a HF is going to happen and here is how we are dealing with it practically."

Calling the new fork BTU is about practical issues related to running continuous markets. It is not "labelling the new chain an altcoin." Also stated in the announcement, is that if the fork chain (BTU) eventually becomes the clear dominance chain (upon a confluence of metrics), then it would be assigned the BTC symbol.


What?  Are you putting me on?  You got a link? 


https://www.reddit.com/r/Bitcoin/comments/5zyg6g/bitcoin_exchanges_unveil_emergency_hard_fork/df26fs6/?utm_content=permalink&utm_medium=user&utm_source=reddit&utm_name=frontpage

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MarketMagic
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March 17, 2017, 10:14:13 PM
 #2724


https://www.scribd.com/document/342194766/Hardfork-Statement-3-17-11-00am#from_embed


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MarketMagic
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March 17, 2017, 10:15:07 PM
 #2725





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Vlad2Vlad
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March 17, 2017, 10:19:37 PM
 #2726








Uhhhh, April fools?  That's either a joke or someone out there loves a good laugh.  I hope it's true cause I can't wait.

IXcoin + BCH = Global Domination!
Vlad2Vlad
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March 17, 2017, 10:36:13 PM
 #2727

Hahaha - I can't stop laughing!

---
Jameson Lopp (@lopp)

@Excellion FYI, it appears that BU devs have no intention of adding replay protection - their plan is to kill the Core chain instead.

---

Ever seen a chicken running around with his head cut off?  How about a few hundred thousand?   lol

IXcoin + BCH = Global Domination!
panopotty
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March 18, 2017, 07:36:42 AM
 #2728


---

Ever seen a chicken running around with his head cut off?  How about a few hundred thousand?   lol

http://modernfarmer.com/2014/08/heres-chicken-can-live-without-head/
Vlad2Vlad
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March 19, 2017, 06:06:22 AM
 #2729


Time to PANIC!


Bitcoin Unlimited just hit 40% of the last 144 blocks. 

PS - Bahahahahaaaa!

Sorry about that last part; I simply couldn't hold it in.  Smiley

IXcoin + BCH = Global Domination!
edgar
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March 19, 2017, 12:45:02 PM
 #2730

so you have no skin in the game but a never ending amount of glee watching people lose money so you gain what exactly?

why are you here exactly?

Vlad2Vlad
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March 19, 2017, 04:45:55 PM
 #2731

so you have no skin in the game but a never ending amount of glee watching people lose money so you gain what exactly?

why are you here exactly?

Well, I had a lot of skin in the game until Vern took it all.  It's part cause I'm just a meanie but mostly it's this. 






4 years I've been accurately predicting things like this split and coming chaos just to be called crazy. 

I don't like that.  Nobody paid me a dime to be treated like shit, I was only trying to help people.  People who prefer to stay blind and mock those who see.

So now I'm enjoying the show; and mocking the mockers. 

IXcoin + BCH = Global Domination!
Vlad2Vlad
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March 19, 2017, 04:52:07 PM
 #2732

so you have no skin in the game but a never ending amount of glee watching people lose money so you gain what exactly?

why are you here exactly?

And BTW, most people are not losing "money".  They're losing paper profits which is not quite the same socially and economically speaking.  That "money" will be transferred to others just like it was once transferred to those losing it. 

Just like stocks, it's a zero sum game. 

And the writing has been on the wall a long time - people chose to assume the risk so they have to take the loss with the same grace they boasted about their easy "moon" profits.

Most will lose all their BTC.  It's getting too complex and unstable already.  It's just a simple reality people need to face and diversify according to their risk tolerance.

IXcoin + BCH = Global Domination!
Gleb Gamow
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March 19, 2017, 06:19:57 PM
 #2733


"I'll say it again, human, your research on Bitcoin won't be complete unless you include Team Robert Mercer within. Including Vlad was a good choice. Can I have an apple or are you forever gonna treat me like your puppet?"

http://www.newyorker.com/magazine/2017/03/27/the-reclusive-hedge-fund-tycoon-behind-the-trump-presidency

hornetsnest
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March 19, 2017, 06:25:20 PM
 #2734

so you have no skin in the game but a never ending amount of glee watching people lose money so you gain what exactly?

why are you here exactly?

And BTW, most people are not losing "money".  They're losing paper profits which is not quite the same socially and economically speaking.  That "money" will be transferred to others just like it was once transferred to those losing it. 

Just like stocks, it's a zero sum game. 

And the writing has been on the wall a long time - people chose to assume the risk so they have to take the loss with the same grace they boasted about their easy "moon" profits.

Most will lose all their BTC.  It's getting too complex and unstable already.  It's just a simple reality people need to face and diversify according to their risk tolerance.



Can you explain more clearly please?Are you saying this hard fork AKA bitcoin unlimited will defeat bitcoin in hashing power and kill it off this way so people who hold BTC will have their value depleted this way and lose in the end?

I think exchanges will allocate 1:1 to BTC holders if the BU is listed as part of conditions for listing so this will not happen.


Are you recommending people diversify into other coins?Why?.. because if BU gets listed then they will surely lose out on 1:1 swap because they would not be holding BTC at this time of listing of BU.

Can you elaborate on exactly what is going to happen as this riddle could have many variables and in turn many answers to suit the actual result something like having many preconceived answers to suit all possible outcomes.

Actually it would be namecoin in my humble opinion that is the twin.
Vlad2Vlad
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March 19, 2017, 06:28:08 PM
 #2735


"I'll say it again, human, your research on Bitcoin won't be complete unless you include Team Robert Mercer within. Including Vlad was a good choice. Can I have an apple or are you forever gonna treat me like your puppet?"

http://www.newyorker.com/magazine/2017/03/27/the-reclusive-hedge-fund-tycoon-behind-the-trump-presidency

Hahaha.  No, you're not a puppet, you get an apple.

Interesting read.  This part stood out to me for some reason.  Wink


He first met Trump in the eighties. (“People said he was just a clown,” Caddell said. “But I’ve learned that you should always pay attention to successful ‘clowns.’ ”) .




IXcoin + BCH = Global Domination!
Vlad2Vlad
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March 19, 2017, 06:42:39 PM
 #2736



Can you explain more clearly please?Are you saying this hard fork AKA bitcoin unlimited will defeat bitcoin in hashing power and kill it off this way so people who hold BTC will have their value depleted this way and lose in the end?

I think exchanges will allocate 1:1 to BTC holders if the BU is listed as part of conditions for listing so this will not happen.


Are you recommending people diversify into other coins?Why?.. because if BU gets listed then they will surely lose out on 1:1 swap because they would not be holding BTC at this time of listing of BU.

Can you elaborate on exactly what is going to happen as this riddle could have many variables and in turn many answers to suit the actual result something like having many preconceived answers to suit all possible outcomes.

Actually it would be namecoin in my humble opinion that is the twin.

Namecoin is a different codebase than Bitcoin.  Not a twin.

It depends on your risk tolerance and how btc you have. 

You can hold your btc and you will get an equal amount on the BU chain.  I think most will do that.

There is a risk with this.  This hardfork isn't that well planned and numerous bugs have been found in the BU code already.  Plus there will probably be an attack on Bitcoin (core) by BU miners which could stall that chain and force another split to a new PoW algo.

If you add these two possibilities then there is a good probability of a massive panic and price crash.  It will be difficult for most to think clearly in such a scenario and if panic selling ensues it could get really ugly really fast.

So again, it depends on your situation and how much risk can you stomach. 

If I had say 1,000 btc I'd probably cash out 200 now to have a lot of cash to buy with.  And then wait on the 800 btc and double it to 1600 post split and hope there's no crash and it's easy to pic a winner.

If I had only a few btc I'd probably just wait and see cause my wife [hopefully] wouldn't leave me over such a small loss, in the event I were to make the wrong call after the split.

Personally, I think the worst case scenario is gonna happen, there are going to be bugs, Bitcoin (core version) will get attacked and they'll be forced to fork again to a new PoW algo thus splicing Bitcoin 3 times.  This would create mass confusion and the price would probably plummet at which point it would be hard to figure out what's what.

I think all hell is about to break loose.  I expected it to happen last summer which was why I kept saying:  it's gonna be a HOT summer.

Good luck!

IXcoin + BCH = Global Domination!
hornetsnest
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March 19, 2017, 06:48:04 PM
 #2737

Thank you for explanation Vlad.
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March 20, 2017, 12:07:24 AM
 #2738

The first crypto to release to the public with SegWit will be the big winner. It may not be Bitcoin, or even Litecoin. If a group were to take the Bitcoin (or Litecoin) source, make a new coin, with SegWit built-in from the group up, call it Bitcoin2, or Litecoin2, start a brand new block chain with it, that entity will likely create many millionaires. And since they are starting a new coin, they could drop any code that deals with backward compatibility issues.
Vlad2Vlad
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March 20, 2017, 04:55:44 AM
 #2739

The first crypto to release to the public with SegWit will be the big winner. It may not be Bitcoin, or even Litecoin. If a group were to take the Bitcoin (or Litecoin) source, make a new coin, with SegWit built-in from the group up, call it Bitcoin2, or Litecoin2, start a brand new block chain with it, that entity will likely create many millionaires. And since they are starting a new coin, they could drop any code that deals with backward compatibility issues.

I'm pretty sure a few coins have already updated to segwit.  I remember reading about it on Reddit a couple weeks ago.

I think it needs to be a high profile coin or at least one which has the marketing to raise awareness.

IXcoin + BCH = Global Domination!
Vlad2Vlad
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March 20, 2017, 11:13:57 PM
 #2740


Dr. Wright and I warned everyone a year ago.  Don't start crying when those steganographic messages start happening, one by one. 



IXcoin + BCH = Global Domination!
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