... because in case bitcoin bites the dust due to the hardfork without consensus (i think at least 30% chance for that) or because investors just scratch their head and want out because of that and it crashes and burns we will only grow with that chaos around bitcoin.
This is not going to be allowed to happen. The big wolves have moved into BTC, and the devs don't want to have their kneecaps blown off. BTC failing at this point is not how the world works.
This inevitable scaling fork is being used as a FUD campaign. A very successful one.
I don't believe crypto always works how people are used to the world working.
I think the scaling attempt is idiotic and there will be serious opposition from the libertarian/anarchist wing and the actually sane people.
Maybe it is like you say to enable some people to move in but on the other hand they loose their face and everything with a fork without consensus(they loose the philosophers). There is so much that speaks against it. This scaling attempt is going to backfire because it hasn't been tought trough enough. I am firmly convinced if they don't drop it and Gavin really pushes through with it and even if it's successful and Gavincoin becomes the dominant chain (which isn't sure by any means) bitoin will be a shitcoin. Scale maybe - but no users, no appeal, bad press, investors are going to hate it. It can likely crash. 'scaling' sounds nice ... but at what costs?
I will be unable to use it with my current hardware as soon as 1 year down the road. That can't be it. Normal people are not going to upgrade their computers just to use the internet funny money 'bitcoin' when there's altcoins available that use much less systemrecources. Again: 20MB blocks!!!! (crazy)
People not only need upgradet hardware all the time they also need to upgrade their internet provider! Btc becomes unavailable on all wireless connections too.
It's maybe scalable but inaccessible! Why scale when nobody uses it?! The fork is the proposal of a moron.
And the next hardfork soon again. Bitcoin will loose all support from current bagholders over time if they go on like that. They have some hubris over there it's not even funny. People even suspect gov-plants that push for the fork. Suspicions of astroturf. Man, it's chaos. I don't believe in btc anymore before it's not in a confirmed bullmarket. It can likely drop to 10$ with this management.
Just my personal opinion. When i sell uno for btc, i move btc directly over to other exchange and sell them for fiat. I don't need to hold that coin right now.
I've been following that hardfork discussion closely and been reading all pro's and con's and it's a nightmare.
So many unknown factors. So much that can go wrong. Majority supports it but they don't have good arguments and don't listen to minority. Gavin is not going to drop it. It's internal warfare. If that breaks loose full on it is going to take a long time to win back investors confidence if it doesn't actually sink the Titanic for good.
What sense makes a FUD campaign to maybe let few people buy cheap coins when afterwards the image is destroid? They would be better off buying a little higher but actually have an intact image. This whole thing is looking very chaotic. I don't take the risk on bitcoin right now.
Again: i have been reading almost all related texts and all comments - pro and con
Some people are really upset about it - me included.
That scaled up bitcoin version is not viable longterm imo. Not even short/midterm most likely. (maybe i'm not right but that's the assessment to the best of my knowledge - i am already alienated to my bones by it. I don't want to use bitcoin anymore! Crypto yes, bitcoin no.)
Bitcoin is on a linear downtrend and not on an exponential uptrend - that's the reality. Bearmarket now 14 months and still going strong. I don't see a bottom anytime soon.
