Please tell me guys this XT crap will go away and die.
I dont want to see my money evaporating because some morons that want to divide & conquer , sabotage, bitcoin.
I hope the rest of the devs and supporters figure it out that this XT will just destroy bitcoin.
Maybe XT wasn't created to help bitcoin but to destroy it? If Coinmarketcap data is correct, on 7 days bitcoin lost 15% of the value... Somebody needs to stop this fight before all the altcoins and bitcoin itself will be considered dead or with zero value!
If we reach the point with Bitcoin Core where we have small blocks that are all full, the price of bitcoin is also going to drop. At least XT has an actual, working solution for moving forward.
Why would the price drop if the blockssize increases (or even if it becomes full).
A high velocity of money (tons of transactions) is indicative of high demand for money, thus the price increase is correlated with the transaction volume.
Bitcoin`s price has no way but to rise longterm.
Transactions wouldn't be going through, and the queue would get longer and longer. People would start going elsewhere to make payments, because the Bitcoin network would be taking too long for their transactions to confirm.