Miners are completely fools imo. There are so stupids that they are not only act against their own proftis but against their economical future survivor.
If they had activate segwit bitcoin will be much higher in price and bitcoin ecosystem will ha a huge innovation atm. And innovation means money to everyone especially startups and miners. He will be even in e much better position for a hard fork future proposal.
But what choose this "brilliant" mind? to stall bitcoin and risk a not consensus fork that will create an economical disaster to the whole bitcoin ecosystem.
Especially Bitmain will hit hard from this economical collapse because is one of the Bitcoin mining startups that are heavily exposed to bitcoin ecosystem. They have invest huge amount of money to bitcoin startups and of course to btc mining.
https://twitter.com/JihanWu/status/868896110760181760"You will find that the canonical block is less than 1MB but your tx fee is so high, after SegWit is activated.
SegWit tx is unfairly cheap"
-Bitmain's super clever CEO Jihan Wu.
Jihan is a brainless moron who is after the fee income and nothing else. They want 8mb blocks because there will be x8 more transactions and x8 more people using bitcoin. (in theory) That means x8 more fee income. They are only after that. They think nothing else.
I can't and I will never respect a moron like him.
His moronic buddy Roger Ver is no different than him
https://www.youtube.com/watch?v=TIA8w5tfr70&t=2122sHe is a shopkeeper and don't have a basic knowledge about decentralization/economics/coding. A fucking shopkeeper whos after more customers.
2 fools > 1 fool. You both have the reasons bitcoin is stagnating precisely backwards. Segwit is not a scaling solution, it forces people onto sidechains (it's specifically what Blockstream's business plan and prospectus says). Blocksize was supposed to be increased years ago, it didn't happen because the current trollish core devs took over the project from the original devs. Miners could care less about fees - the block rewards are still many times what they collect in fees. Most sane people want bitcoin to grow, but not Blockstream and core - they want blocks to be full to force people into their (second-rate) second-tier solutions. It's not working. All it's accomplished so far is a massive erosion of Core's credibility, loss of bitcoin's dominance, and a huge bubble in the altcoin space.
Oh, and it got a bunch of people all butthurt.