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Anonymous
Even on r/bitcoin they know... 2017-08-10 09:18:33 Post No. 3014331
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Even on r/bitcoin they know... 2017-08-10 09:18:33 Post No. 3014331
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"Furthermore, to make matters worse, the market gains we are currently enjoying are certainly in large part due to the perception that Bitcoin had resolved its civil war as was able to successfully upgrade. But as soon as the market realizes this isn't true, and worse that this problem of forks wasn't a one time deal, but perhaps a systemic condition of blockchains, people will begin to suspect that the technology doesn't work. We should expect a mass exodus. The market can forgive a single rare hard fork anomaly. One after the other? Any outside observer will immediately see there is a larger problem."
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>>3014331
nice, just bought 100k!
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What is the problem with forks? Its literally free money. More forks? sign me up
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>>3014331
Meh, as much as I love BCC, original Bitcoin has and will likely continue to have the major marketshare. Forks aren't an issue since it is the network effect that gives a coin value, and the fork starts from essentially zero.
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>>3014554
>due to the perception that Bitcoin had resolved its civil war as was able to successfully upgrade. But as soon as the market realizes this isn't true
Was the main trigger for me
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>>3014331
Contentious forks are only bad for the retards that follow them. Hard forks are actually a good sign of the stability of a coin, because it means it can't be influenced by the whims and retardness of some bad actors. As long as the main chain remains secure and goes on ahead forks are not a problem.
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fucking reddit cringe
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