Post
Topic
Board Speculation
Re: I will not Die Untill Bitcoin will reach at Least 50K
by
deisik
on 31/03/2017, 19:09:49 UTC
If not for the Hard fork drama by the Unlimited team the price would have hit $1500 by now, I'm still bullish on the price this year and believe the $2000 is still in sight especially now that the tradition economy is taking a hit

The hard fork drama is caused by Core, not by BU.       

BU is just the natural result of Core refusing to increase the blocksize.     

If Core increased the blocksize, there would be no drama at all, but Core caused a huge split in the community, which in turn will eventually result in a chainsplit

Last time I checked SegWit did exactly that

That is, it was set to increase the block size, as simple as that. Thus you seem to be muddying the waters here. Why do the BU folks not want to accept SegWit, why are they stubbornly pushing their buggy update? I can tell you why. Because increasing block size (be it through SegWit or via BU), this will only be an interim solution. The future is obviously in favor of off-chain transactions, but that would mean miners losing their grip on Bitcoin. Unsurprisingly, they are so hell-bent against SegWit (since it would quickly get updated to Lightning Network) and push BU so hard to get rid of LN