Post
Topic
Board Bitcoin Discussion
Re: will the bitcoin ecosystem learn anything from the August crash?
by
pokapeski
on 16/07/2017, 21:14:34 UTC

The current drop was expected by many users. The event on August 1st brought confusion and uncertainties to everyone and the result is what is reflected on the charts. Whether the fork is to be imposed or not, as long as it is for the best for Bitcoin then nothing is to be worried about.

What kind of lesson will arise here? Is it when there is a possible fork, there will be a hard drop? What is the lesson in here anyway? A change in Bitcoin is intended to make it better and cope with the current issues it is facing. Change is always desirable in order to address some issues and to improve its services.

Thanks for your comment, skorupi
My concern is that an important part of managing changes, necessary as they are to evolve, is that they have to be properly communicated, planned, scheduled.
so far, this forking season has been all about nobody expecting the spanish inquisition and sunking the market. this might be desirable if one has a monopolistic bias but for a currency, IMO, it is not.