Quote from: Lauda on June 15, 2017, 02:30:53 PM

Quote from: XbladeX on June 15, 2017, 02:26:15 PM

so you admit that already we are point that some few people have such power to impact price.
This should be obvious that Bitmain have to much size and siting on asic boost will make things only worse over time.

Bitmain is making bigger downside moves in BTC that China central bank ridding Chinise exchanges
this is sign of problems. People have to woke up.

Why would I not admit that? I have already stated that the ASIC monopoly and mining cartel are much more dangerous than any kind of scaling issues. Just so that we are clear, all these idiots in altcoins parading "we are the best, we will win next" will get crushed. This is the time to be watching and learning from Bitcoin, i.e. how Bitcoin combats and resists malicious actors such as Bitmain.

Quote from: XbladeX on June 15, 2017, 02:26:15 PM

PS: With UASF price didn't even started falling... With their (B)AHD started fall fast

UASF is a good proposal and may actually get a lot more support now. If it avoids a chain split, price will go up. If it does split the chain and Bitmain goes through with their attack, then we will have 3 chains. What the value of each one will be is uncertain.

Definitely true, I do wonder how Bitcoin would be doing if it was asic proof and relied on GPU mining still. It is scary that one company can have so much sway over the future of the entire coin.