Post
Topic
Board Bitcoin Discussion
Re: Analysis and list of top big blocks shills (XT #REKT ignorers)
by
hdbuck
on 13/01/2016, 09:31:38 UTC

I hope that they get 75% miner support right away so that I can watch their miners saying, "Oh shit, we just mined a ton of worthless altcoins!".

Why are you so sure it will be an altcoin? If 70% of the miners mine the new chain, they have the power to defrag the old chain without risk, like it happened so often with altcoins, and they also have an economic incentive to do so. No sane investor would buy the old coins, no miner would mine it, no merchant would accept it, no exchange would hold it, cause they are the most vulnerable altcoin on earth, just living on bless of the miner's of the new bitcoin.

If the fork happens like described by classic / xt, it will play out very soon. People that try to double spent between the chains will loose their coins, people who kept their coins unspent on the old chain can simple take them to the new chain.

If I think about it ... the miner's of the new bitcoin can just 51 the old coin and force it into their fork. After this there will be some old nodes left, that can still spent, but not receive nor relay ... it's really easy. A fork with the supermajority of miners will be the only one.

Miners wont be mining some shitcoin. Forcing anything (eg. attack) wont even matter as their revenue would instantly fall.
It is about all nodes or none. It is about ROI and not social-media-democracy.

if miners don't mine it, there will be no fork.

I think you should have the mental capacities to understand that if we talk about what happens "if" something happens we should start with the notion that something happens. Saying "If (x=1) than (x!=1)" obviously hurts logic.

And if the condition: miners mine new coin is true, than it's also true that miners of the new coin can 51 the old coin.

And if the condition old coin = vulnerable to 51 is true, than under the condition of ROI-seeking participants it's true that old coin = less worth than new coin.

Do you understand or does your brain only read "Shitcoin shitcoin shitcoin"?



wtf are these out of your ass "ifs" and "conditions"?

shitcoiners gotta shitpost.