[..]
In the remote possiblity XT becomes a matter of more importance than the hype, mirth, and scorn it generates at present, MPex and other 1MBer Elder Whales are prepared to use substantial (possibly exhaustive) portions of their extraordinarily massive war chests to repel 8MBer attacks. To them, this is Holy War, with barbarian Gavinista hordes clamouring for a Free Shit Junta at the gates of their bespoke civilization. They are more of a mood to impale heads atop spikes than reward with compromise Hearn's attacks on decentralization, Tor, and the consensus process.
[...]
In the remote possiblity XT becomes a matter of more importance than the hype, mirth, and scorn it generates at present, MPex and other 1MBer Elder Whales are prepared to use substantial (possibly exhaustive) portions of their extraordinarily massive war chests to repel 8MBer attacks. To them, this is Holy War, with barbarian Gavinista hordes clamouring for a Free Shit Junta at the gates of their bespoke civilization. They are more of a mood to impale heads atop spikes than reward with compromise Hearn's attacks on decentralization, Tor, and the consensus process.
[...]
So you suggest the Elder Whales will buy up bitcoins from their stash of xtcoins? Just like a central bank would do? Well that is going to be interesting. But there is a risk of losing it all, so I would not bet that it plays out that way.
What are you smoking, crack? Elder Whales exercising their GavinCoin Short option is nothing like what central banks do. Your confused, sketchy understanding of the situation continues to surprise and baffle me with its surreal assumptions and bizarre conclusions.
So how do they defend the cripplecoin. Pitchforks?
This is one way to defend Bitcoin from XTcoin: The GavinCoin Short.
That's FTLDR.
Are you smoking crack? It's like a few paragraphs.
It's about 20 pagedowns on my screen. The word short is nowhere to be found. What do you take me for? It is an insult. Not that I care. Anyway it is UFTLDR. (Utterly fucking too long, didn't read).
I'm on an iPhone in landscape mode and the post itself is 3-4 page downs.
Since you are that persevering; found on a link on that page:
"The fate of this fork will be exactly the fate of all attempted forks to date : the savvy Bitcoin holders will sell their fake-Bitcoins on the fake network, while double-spending (and thus invalidating) their sale on the actual network, thereby keeping their actual Bitcoin safe.iv The proceeds of this "victimless"v crime will be used to purchase more legitimate Bitcoins on the legitimate network, thus draining away value from the holders of Bitcoin fakes, into the pockets of the legitimate Bitcoin holders."
How is this not selling gavincoin and buying cripplecoin?
Still the link provided had nothing but svada, the above text is from a link in the link.
txs are reflected from the original chain to the forked chain, but not necessarily vice versa so unless there is full consensus on the fork to antiquate the original chain there is risk of attack