Post
Topic
Board Speculation
Re: Bitcoin hardfork
by
Wind_FURY
on 21/03/2017, 03:38:55 UTC
That scenario would lead to a price split where the vast majority of hashpower and value was with BTU.

No, it's not.  It's completely unknown what would happen to price depending on random people power dumping 200,000 coins at once on each chain.  Hell, both chains could crater to nothingness.

That would not make any sense if you apply human nature in the equation. If you hold 200,000 Bitcoins would you dump them on the other chain you do not like just "because" or are you happy with the doubling of your stash? It would be very illogical of them to start a dumping war because no one would win.

Except it already happened in Ethereum.

That is a different scenario. No one who was with the ETC chain could dump on the ETH chain. This is what I believe could happen, if the blockchain splits into 2 there is one individual who I am positive would be willing to dump on the BU chain. Mircea Popescu, if he still holds a lot of Bitcoins. Then Roger Ver and the others will have their turn to dump on Core's chain. But I doubt they will because they are not as crazy as Mircea is.