Is the most likely possible Hard Fork going "Soft"?
I take it that spectators panic occurred when the price of Bitcoin dropped last week. Now, it seems that it is gaining momentum. Are people now suddenly looking forward to the Hard Fork of Bitcoin? Was it just some stunt so that investors can buy Bitcoin at a lesser price? I really clap my hands for the crypto industry. There is definitely no telling what is going to happen next.
Sthumacher Experience on Twitter!
There will be no Hardfork!
1.The miners will not succeed with BTU because the community isn't up for it.
(even if there was a Fork the community would just disregard BTU and BTC will implement Segwit as planned)
2.Why the price dropped!? tactics;) this scaling discussion is years old.
Every few months it's been used to drive the price down so the people that have no clue about cryptos
(saw it on TV dropped their savings into BTC @ a Price of 1200-1300$)
start selling (blown up price awaiting SEC decision on which experts also knew the outcome long before)
Now the price drops to 1100.
Panic comes up..."great time to use some media outlet to bring up the challenges that we have been talking about for years."
Now you got even more panic. price drops to 900
Smart people like myself now buy as much as they can get their hands on.
3.I tell you what happens , exactly nothing!!!
Bitcoin core stays the rout to go, Segwit will come!!!
WHY?? not like in the banking system (banks=miners) the community decides what they want. The community wants fast and cheap transactions.
The miner wants as much of a mining fee they can get.
In this case the miners can't force us like the central banks do ... if they want to lose their money , lose the community to some other coin for some higher fees let them go aheard and be foolish.
All a fork will do is sink the trust of BTC but BTU will never be more accepted than BTC.
Bitcoin is dying. Again. Bitcoin has died 126 times.
I am just waiting for another "death" of Bitcoin now, cool photo
I am definitely out of words, thanks for schooling me about these tactics. I am now more aware ;-)
Bitcoin has had increasing momentum for some time now. The recent bitcoin fall was really a market correction. Evidently, the challenges that Bitcoin faces are relatively unimportant when it comes to pricing of the Bitcoin market. This is great news! Just pray that it lasts;)
Oh wow, I never realized. Thanks!. It should last long enough.
that's right, realistically price should be 1100 it was 200 above 200 below, all that is the play between mother and screw. the news just dictate if its + or -
I am super confused about this fork and how I am supposed to secure both BCL and BTC? Will Classic Bitcoin go on as the best Bitcoin and BCL have a slightly different successful future? This could be the rise of the Altcoins...
Many Altcoins have experienced an exponential growth nowadays, but regarding the Bitcoin saga, it is so unpredictable.
Tangible insight in this comment. Thank you. Comment AWAY!
If you have a Ledger wallet you will have the same amount of both.
as long as you hold your private keys you will have both in case of a very unlikely fork.
Fork is just a threat , a bluff. BTU is not what the user wants. it's only gonna benefit the miners, would be great for me as a miner yay... more fees... but for bitcoin a whole , with its infrastructure and it's potential (because of the low fees) this will not happen!!! Miners want to make money, they rather take less than no money;)
If u ask me see what happend to ETC , noone cares, the main guys build their infrastructure on ETH and if bitcoin forks there will not be a different outcome, BTU will be a knock off brand like 365 Everyday Value Cola compared to Coca cola. I'm sure some will follow but the brains will stick to BTC
I cannot disagree with anything that you've mentioned in your comment. In fact, there are a lot of bitcoin spin-offs involving the word "bitcoin" already like bitcoin-plus, bitcoin-dark etc, not they they've taken the main attention away from Bitcoin, they are just too "generic".
good job
Thanks Riostarr. I like the pictures on your blog