Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I never suggested anything of that kind. You brought up the notion of bagholders throwing their weight around.
Which I why I phrased it in the form of a question.
Huh? How do you otherwise phrase your questions? It was a question - "are you suggesting...?" What other way would you ask it?
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I did indeed bring it up, but not as a threat but to clarify to others the dangers of a minor majority fork of 75%
So... not a threat, but if you follow the minor majority 'certain' bad things will happen.... Okay. I've seen Goodfellas, so I think I get that.... The 'dangers' you speak of is if i follow that miner majority, you and your dev friends will mess me up with all your coinz. Got it. Quote
and how such a low number can cause a civil war where the apparent chain with the advantage can quickly becomes the losing chain. Once Bitcoin classic releases code I warn users to pay attention and be ready to pull their coins out of exchanges and store them in cold storage during any network split.
You see this is all based on your initial flawed concept:
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the economic majority on the chain with less hash power
If you are on the weak/shorter chain, you are already the economic minority. You can convince yourself otherwise - that big bags of coins will redress the imbalance - but it wont. Only deliberate fraud and criminal actions will delay the inevitable - and I'm sure you are not really proposing that.