Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

-snip-
...the fact that Classic is DOA with the mining and economic majority opposing them. Cheers friend.

-snip-

You read the letter as a resounding denunciation of Classic and a firm endorsement of Core, interesting.

Upon reading point 3...

Quote

In the next 3 weeks, we need the Bitcoin Core developers to work with us and clarify the roadmap with respect to a future hard-fork which includes an increase of the block size.

This is obviously asking Core to do what they have refused to do for a year now, and it gives a deadline.

Let's see if miners will grab the bone they might be thrown. My guess is that it will be a pinky promise for a HF sometime in 2017.

Now, because Core is immune to politics, and will only base decisions on their ~~enabling of future profitability~~ technical superiority... they simply cannot do this. To change Gregory's roadmap is to succumb to political pressure where a mouth breathing majority tramples the sacred rights of the enlightened minority, compromising at all would mean they have been lying all along about that point. Bit of a pickle there. Cheers Friend. Kiss

Let the purge begin! Bitcoin is a settlement tool for central banking, excelsior!

I'm surprised how few people actually understand the letter from a Chinese cultural perspective. Clearly, they give Core a deadline in a face saving way. Superficially, the letter looks like support to Core, while embedded, there's a diktat to include a HF in their roadmap with a deadline of three weeks.

But what if Core doesn't understand it either? I will be happy to be wrong, but I gather the arrogance and hubris of Core will not allow them to respond to this collective bargaining by the employees. The resolve of this labor union has yet to be tested anyway.