Re: Segwit on Bitcoin has Failed , BTC Core has Lost , The Miners have Won
Yeah but I just see stalemate in the other direction with bitcoin core digging their heels in. So no way forward for either camp without comprise. Thus again imho bitcoin core
wins because they are perfectly happy with BTC price going up and current block size without the possibility of a hard fork.
Again if BTC continues to go up in a speculative manner and act as a store of value. From bitcoin core's point of view, anything that takes power away from China miners
is a good thing. They plan to just outlast mining imho. In 2018 80% of all coin will have been mined. Thus, if adoption happens and price is 2k plus....no one will be doing
NEW mining farms imho......thus miners will be cut off at the knees. AT that point, imho. if a combo of adoption and price pumps....better off just buying coin. Those in
mining can stick it out, but at that point more power will shift to bitcoin core. Again, may not work. But what I see, if I was bitcoin core. Set/Game/Match.
Seems WAY TO DELIBERATE NOT to compromise on bitcoin cores part. They have to have some angle they are working. (or think they do) Thus my guess from watching
this cluster from the bleachers.
wins because they are perfectly happy with BTC price going up and current block size without the possibility of a hard fork.
Again if BTC continues to go up in a speculative manner and act as a store of value. From bitcoin core's point of view, anything that takes power away from China miners
is a good thing. They plan to just outlast mining imho. In 2018 80% of all coin will have been mined. Thus, if adoption happens and price is 2k plus....no one will be doing
NEW mining farms imho......thus miners will be cut off at the knees. AT that point, imho. if a combo of adoption and price pumps....better off just buying coin. Those in
mining can stick it out, but at that point more power will shift to bitcoin core. Again, may not work. But what I see, if I was bitcoin core. Set/Game/Match.
Seems WAY TO DELIBERATE NOT to compromise on bitcoin cores part. They have to have some angle they are working. (or think they do) Thus my guess from watching
this cluster from the bleachers.
Hardly a Stalemate,
Core is not doing their jobs, all the miners have to do is fund a New Dev Team that actually want to see BTC improve.
Problem Solved.
I don't see it happening....bitcoin core would just be in the same position as miners are now....have enough of a % to stop adoption in the other direction.
My fear is a 'perfect stalemate' as an open source project theme. HOPE I am wrong. But seems like a trend.
Again, such a stalemate the other way around would be just fine with bitcoin core imho. IF as I suspect that is their 'long game' to stay in control.
Not saying I like it. Just saying, from bitcoin cores actions seems to be true. Remember all they had to do was PROMISE looking into a hard fork AFTER
segregated witness was approved. They even backed out of that somewhat cloudy promise.
Again, I hope you are completely correct. But damn, this has been dragging on for 2 frigging years now. Starting to get the mind set of a WWI Trench soldier. ie no hope
