Hey Steemitians
The train is filling up
I know many of you are still uncertain as to where bitcoin is headed and what will happen aug 1. It's really hard to shake off all the fud that we've been exposed to in the past few weeks and it still continues even after the biggest hurdle is now behind us. Yes, all the forking, splitting, crashing, end of bitcoin doomsday info is being spread everywhere in order to get you to sell. Now they can buy cheap and tell you to get back in when the price is mooning. Don't worry, there will be plenty of articles coming out to tell you to buy once we break through the $3000 resistance!
Bitcoin Cash Clown
BCC is just another hunk of fud to cause uncertainty and I can see by reading many forums, it's working like a charm lol. I expected the market to become immune to the fud over the years but I was wrong, I guess there will always be fear waiting around every corner.
The market wants Segwit, haters cant stop it!
As we get closer to segwit activation and the market realizes that there is nothing to worry about, I'm expecting a new ATH that could bring us higher than many predictions. I wouldn't be surprised at all if we say prices close to the $4000 area. I know for many of you holding fiat, it would have been nice to get back in at 1800 but those prices are long gone and its not to late to get back on the train!
I really hope you are right and there are no issues and bitcoin goes straight to the moon as this means I can retire shortly afterwards! However, I feel we still have some serious ground to cover between now and the end of the year. There are several possible isdues which could cause a fork and regardless of personal feelings over which solution is better, a fork is seriously bad news for main stream adoption. No one who is not into crypto wants to worry about which coin they own or what will happen after a fork!! I really hope you are right but unfortunately I can't share your optimism just yet!!
The reality, is that there will always be debates about how to scale bitcoin and it will never end. Just like the internet went through the same issue with how to scale, bitcoin will continue to get upgraded, faster and more secure. TX/per second will continue to increase and I have faith that we have some over the brightest minds working on making bitcoin better.
Not everyone agrees it needs to be upgraded, especially at the expense of security. And if there is a fork, then all bets are off. Imagine an outsider looking in, wanting to invest or use bitcoin!! What do you do, which chain do you choose!! It's a sign of immaturity. If a business accepts bitcoin today but tomorrow there are two incompatible versions, what do they do? It would kill off mass adoption over night!!
I don't believe a hardfork will ever happen. Its highly unlikely that miners will signal for 2x in November. We need to stop believing the fud of forking and chain splitting. It's not going to happen.
I really hope you are right but until we are past it, there are going to be issues.
This post received a 4.5% upvote from @randowhale thanks to @yonny! For more information, click here!
They have been very successful in brainwashing everyone in to believe that bitcoin will fork and split.
I don't believe it will, I believe its a possibility that cant be discounted, especially at present.
This post received a 3.3% upvote from @randowhale thanks to @cyberblock! For more information, click here!
This post received a 4.7% upvote from @randowhale thanks to @cyberblock! For more information, click here!
Whooo Whooo all aboard!
Full steem ahead!
This post received a 4.2% upvote from @randowhale thanks to @cyberblock! For more information, click here!
I think Bitcoin is the most accurate indicator of the economy. By this I mean, its close to what the actual price of what gold should be if it wasn't suppressed by the bankers. When gold goes up it usually because the value of the dollar is going down, which is way bankers suppress it. They have to prop up the dollar to keep the illusion of an economic recover. For the reason, I have concern about the future of Bitcoin.
This is one of the reasons I got in to bitcoin. A true free market.
This post received a 3.5% upvote from @randowhale thanks to @cyberblock! For more information, click here!
There is already basically guaranteed forks. This is only a good thing for investors. How do you consider it FUD when it is near certain. The only FUD is
from people who don't realize that you can profit from this quite well. I do however believe BTC missed it chance to break 3k and will soon drop to 2222..I missed the boat at 1800 so hoping this my second chance.
Please provide a link to the fork or Forks? You mean multiple forks? Please provide the info.
Thanks
Sure.
https://steemit.com/bitcoin/@stan/the-coming-bitcoin-pitch-fork
The BCC fork is common knowledge and there are rumors of 3 more..busy for a few will sort some more links for you in a bit
That article is just talk and doesn't have any evidence that guarantees a hardfork. It's very unlikely that any of the scenarios in that post will ever happen.
Ok I am free :)
That article will come to pass on the condition that there is any BTC fork, agreed?
Meet the BTC fork
http://www.trustnodes.com/2017/07/15/bitcoin-will-hardfork-big-blockers-will-chain-split-meet-bitcoinabc
https://news.bitcoin.com/viabtc-launching-bitcoin-cash-token-mining-pool-bitcoin-abc/
That article is NOT just talk but a very very very likely scenario
The two reddit posts are just random people assuming segwit2x would win 10 days ago. The trustnodes article was just another fud article telling people there would be a hardfork.
All of these posts have already been proven wrong. BIP91 has already been locked in nullifying the 2x part of segwit. There is no more segwit2x, its only SEGWIT being activated. There is no change to the block size in BIP91. THIS IS FACT the debate is over. Below is the signaling chart "notice how theres no 2x anywhere, just SEGWIT". as you can see, miners are signaling 100% support for segwit. Any non segwit blocks will be rejected and th miner will not get paid anything. Now thats as real as it gets!!!!
https://www.xbt.eu/ LIVE!!
How is the debate over when you have in no way confirmed that BCC is not real? You are blindly taking a stance without doing any research. Bitcoin Cash is a fork of bitcoin which will happen on August first.
That is a split. Go to Github and check this yourself maybe? Do some research other than just taking what the top of google says and regurgitating it.
How is that NOT a split?
EDIT: https://themerkle.com/top-3-exchanges-confirming-support-for-bitcoin-cash-trading/ also FUD?
EDIT EDIT: Also FUD?
http://bitcoinist.com/when-is-bitcoin-not-bitcoin-when-its-cash/
This post received a 4.4% upvote from @randowhale thanks to @cyberblock! For more information, click here!
This post received a 4.8% upvote from @randowhale thanks to @cyberblock! For more information, click here!
This post received a 2.2% upvote from @randowhale thanks to @cyberblock! For more information, click here!
This post received a 4.4% upvote from @randowhale thanks to @cyberblock! For more information, click here!
So you admit defeat yet? ;)
You were spreading fud calling for a 30% drop when we were at 1840 and here we are still above $2500. Your only claim now is this stupid bcc thing which is a complete joke with 0 support behind it. Pure fud.
lol guess you cant admit when your wrong.
AND just to clear up. There was a strong possibility BTC could fall to 1300-1400...that is not FUD.
It is called reading charts and seeing where the bottom is. I have clearly proven you are full of shit so I will leave it at that ;)
Even when everything Ive said has come true and you've been wrong the whole time. You convince yourself somehow you were right. Your really messed up lol.
Where was I wrong? It was a possibility. I really overestimated your intelligence at the beginning of this. You kinda just a troll.
Everything I have said has been honest and based on facts. You call FUD because you do not understand. I clearly won our last debate but all you can do is throw out anger. It's fun to watch you squirm
You called for a 30% drop at 1800
I told everyone to buy
Now were at 2500
I win
There has never been a fork
I win again
Who's squirming now??? lol
I was talking about the fork, which is very possible. You stil deny that? Just like 1300 was a possibility. All you have is starry eyes. Were you not just calling 4k in this thead when BTC on a downtrend?
I was nice enough to inform you that your wrong and you try to wriggle out with screams of FUD.
That is FUD you imbecile :)
EDIT: Also check your facts. I called for $1400 at $2300 not $1840...so stop trying to create more FUD
So you admit defeat yet? lmao
Congratulations @cyberblock! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP