Re: Estranged Core Developer Gavin Andresen Finally Makes Sensible 2MB BIP Proposal!
By the way, you know that pre-fork coins could also be sold off on majority-fork exchanges? Particularly because early adopters might be a little pissed off at the commit keys for bitcoin's dominant implementation being in the hands of a junior dev who wants to make the question of inflating the money supply a democratic one (jtoomim). How do you know who controls millions of pre-fork coins? You can be sure that I'll be dumping everything the second Toomim gets the keys to the kingdom, and I know several likeminded people.
This is the most likely outcome. Once we start selling everything and the price starts crashing, everyone will join in on it. I believe that If non-Core hard fork wins, major holders will sell BTC, driving price into the ground. 28113.50234684 Ƀ (84.89%)Gavin said himself that he doesn't see bitcoin as a store of value, just a means of exchange like any other currency:
https://bitcointalk.org/index.php?topic=204.msg1714#msg1714
This is my feeling about the loud-and-proud forkers. They're not very invested in bitcoin; they aren't big holders. They don't care about bitcoin's value proposition -- they don't bother to understand the limitations of the system and they don't care if they burn it to the ground. Those of us who have been investing in bitcoin for years don't take these issues lightly.
Yeah, says the guy who joined on Nov 29, 2013. bitcoin value = $1100
SFYL. Keep the chin up there, old boy. It may come round again. Core diehards like you believe the Central Banks are queuing up to buy your coinz at $2300 each - just get rid of the pesky "users" first.
Maybe it's because they aren't "bagholders" that allows others the clarity of vision to see where bitcoin is really going to go. Perhaps your need for a Messiah is clouding your own judgement.
Break out the ad hominem, why don't you? Since your argument hinges entirely on personal attacks, I'll have you know that this is not my first bitcointalk account, nor did I sign up on bitcointalk before I started investing in bitcoin. Please explain how my opinions could only be held by a "bagholder." That will be difficult since it's a purely personal attack with no basis in fact or reason.
It's funny because one of the principal arguments I see on this forum is that small blocks hinder adoption -- that we need bigger blocks to foster adoption, and that cheap/no fees is a great selling point to new adopters. And what, pray tell are these new adopters supposed to do? Well, buy bitcoin, of course!