Q7
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 11, 2015, 11:30:02 AM |
|
Is there by any chance people are putting off their plan to buy bitcoin and wait until the hard fork is over? If it is, then if I sell now and I don't buy back in time, there's a possibility that I'll have to buy back at much higher price.
|
|
|
|
Muuurrrrica!
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 84
Merit: 11
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 11, 2015, 01:09:15 PM |
|
Oh my god what a stupid OP. Check BTC history and you will see that each hard fork before never had any effect on the price. And with the next one it won't be different!
Hardfork without consensus, doofus Yes it's different. Other times always was consensus. The baby could rip and most likely will.
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 11, 2015, 01:19:54 PM |
|
You know someone is completely sane when they spell it: CrAzY
|
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
|
|
|
ajareselde
Legendary
Offline
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 11, 2015, 01:41:55 PM |
|
Think about it, a hard fork can influence the BTC price in only two directions:
1) everything runs fine and bitcoin price will continue to vary sideways. 2) the hard fork causes problems and BTC price plummets down to zero
So you see it's either sideways or rock bottom! There's no possible scenario where the hard fork will pump BTC price. It's not like people will think "omg block size increased, let's all buy bitcoin!".
So if you sell now, you're protected from a rock bottom price drop.
If the transition runs smoothly, you can buy back in later.
Sell now to protect you against the remote possibility of the fork ruining bitcoin.
Simple fork wont ruin bitcoin, and the very idea is insane. There is no way to predict how and will the price even change, but im guessing it will go up 10% for a short while after forking. Block size increase is important, well better said will be important later as the number of transactions increases. Move along folks, nothing to see here ..
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 11, 2015, 01:52:46 PM |
|
Or, like the last hard fork, the price jumps up because everyone's confidence in how resilient Bitcoin is is boosted.
|
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
|
|
|
AtheistAKASaneBrain
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 11, 2015, 02:54:36 PM |
|
OP's so short he got rejected at the rollercoaster entrance.
|
|
|
|
RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 11, 2015, 02:59:21 PM |
|
Hey wait, I just thought of a third thing that could happen! The price could go up. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Mind F-ing blown!
|
|
|
|
Denker
Legendary
Offline
Activity: 1442
Merit: 1016
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 11, 2015, 03:08:36 PM |
|
Oh my god what a stupid OP. Check BTC history and you will see that each hard fork before never had any effect on the price. And with the next one it won't be different!
Hardfork without consensus, doofus Yes it's different. Other times always was consensus. The baby could rip and most likely will. Sure! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
|
|
|
|
johnyj
Legendary
Offline
Activity: 1988
Merit: 1012
Beyond Imagination
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2015, 06:40:52 AM |
|
Think about it, a hard fork can influence the BTC price in only two directions:
1) everything runs fine and bitcoin price will continue to vary sideways. 2) the hard fork causes problems and BTC price plummets down to zero
So you see it's either sideways or rock bottom! There's no possible scenario where the hard fork will pump BTC price. It's not like people will think "omg block size increased, let's all buy bitcoin!".
So if you sell now, you're protected from a rock bottom price drop.
If the transition runs smoothly, you can buy back in later.
Sell now to protect you against the remote possibility of the fork ruining bitcoin.
We also had little panic when that hard fork happened during 2013, but then people realized that a hard fork will not hurt existing coins, only out going transactions. And devs have learned from the previous fork, they will handle it very smoothly so that almost no one feel the difference And the fork might only happen when the current block limit is approaching and there are lots of transactions never get included due to forever increasing queue
|
|
|
|
arallmuus
Legendary
Offline
Activity: 2646
Merit: 1423
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2015, 06:57:00 AM |
|
Hey wait, I just thought of a third thing that could happen! The price could go up. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Mind F-ing blown! i wouldnt dream of this, because at the most i think the price will only vary sideways, but if the price goes up because of this hardfork then it is a mindblown
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
Muuurrrrica!
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 84
Merit: 11
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2015, 07:08:38 AM |
|
they will handle it very smoothly so that almost no one feel the difference
lol, you wish you think everyone here is a noob or what's the deal with that BS?
|
|
|
|
johnyj
Legendary
Offline
Activity: 1988
Merit: 1012
Beyond Imagination
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2015, 08:02:18 AM |
|
they will handle it very smoothly so that almost no one feel the difference
lol, you wish you think everyone here is a noob or what's the deal with that BS? If you have never seen a fork happening here around 2013, then your have every reason to fear. But most of the major drivers of bitcoin nowadays have went through that fork during 2013. Devs and pool owners showed their ability to handle a crisis situation (an unintended fork) in a couple of hours and it is that kind of professionalism and conservative approach that you seldom see in enterprise level gives us confidence of the upcoming fork
|
|
|
|
Gebbit
Newbie
Offline
Activity: 56
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2015, 08:09:11 AM |
|
If you do sell, please use www.gebbit.com ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but I think Hard Forks are not a big driving force for the price, nor should they be. The dangers bitcoin is up against has more to do with public opinion I would humbly venture to guess.
|
|
|
|
Kprawn
Legendary
Offline
Activity: 1904
Merit: 1074
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2015, 08:28:58 AM |
|
It makes me think of the panic that occured prior to the change of centuary 1999 to 2000 ... Everyone was predicting doom and massive collapse in everything run by computers. People stocked up on water and food and bought NEW computers and TV's with updated firmware. Then 2000 happended and life went on as normal... old TV's still worked and people had stocked up food and water for months. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Previous forks have shown virtually NO significant problems for Bitcoin owners, why should this be any different? Sit back and buy more cheap coins when other people panic over things like these. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1010
Let's talk governance, lipstick, and pigs.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2015, 08:31:50 AM |
|
OP's so short he got rejected at the rollercoaster entrance. OP's so short only satoshi's fit in his wallet.
|
Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
|
|
|
manselr
Legendary
Offline
Activity: 868
Merit: 1006
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2015, 07:26:58 PM |
|
You are a highly mentally unstable individual or just an individual that wants to be poor in purpose (ame thing) if you don't have 21 BTC before 2021.
|
|
|
|
Brewins
Legendary
Offline
Activity: 1120
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2015, 08:08:36 PM |
|
So dude, why would it be any different this time?
This time is different because there is much more hostility between the devs now. And now there are many more blackhat hackers trying to steal bitcoin now compared to then. devs are not suicidal. They won't let their hostility( ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ) lead them all to downfall. And I think the blackhat feast was worse in the past, but might be only me
|
|
|
|
RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2015, 08:13:46 PM |
|
Hey wait, I just thought of a third thing that could happen! The price could go up. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Mind F-ing blown! i wouldnt dream of this, because at the most i think the price will only vary sideways, but if the price goes up because of this hardfork then it is a mindblown I have no idea what the future price will be. Nor do I care. However previous hard forks have led to a spike; for whatever reason. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 12, 2015, 08:53:16 PM |
|
It is a good sign that many are talking about the fork even though there is no set date for it to happen yet.
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 13, 2015, 03:28:50 PM |
|
The idea of having a 2 000 000 000 GB block chain is a horrible one.
|
|
|
|
|