Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
marcus_of_augustus
on 12/11/2015, 08:53:13 UTC
Bitcoin XT is basically a new bitcoin that is profitable for Coinbase. No one supported it from the beginning. No one will in the future. The original is the one and only, and no fake can best it. Bitcoin XT was never going to be a success, anyway.

I suspect XT has achieved exactly the effect "they" intended it to. I don't believe the real force behind the XT push ever intended or believed it would gain adoption.

Beat the price of BTC down, FUD and "divide & conquer", mission accomplished.

The cost to reputation and credibility of Gavin and Mike H. has been significant. Instead of being merely suspicious behaviour they are now clearly in "cannot be trusted" basket. Not even "trust but verify" with those two, default position is "don't trust, don't even bother verifying".