Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
ivomm
on 23/07/2017, 08:59:00 UTC
If viabtc begins trading ABC (http://bitcoinist.com/viabtc-begins-trading-bitcoin-cash-bcc-for-chinese-yuan-cny-in-anticipation-of-uahf/) does this mean that there will be HF chain split at 1 Aug? In that case, the drop of price will continue indefinitely and Jihan Wu will curse the day he made that shit  Huh


I think everyone should take a sigh of relief, the big blockers are going to fork off and effectively create their own altcoin.
This gives the possibility of an amicable divorce.
The markets can decide the outcome and the petty fighting and trolling can reduce.

Plus, a successful fork to BitcoinCash means that 2x part of Segwit2x has less likelihood of being supported and causing another more damaging fork in November.

NYA is still valid and there will be a HF in November. There is a possibility of 100% support so there could be no chain split. On the other hand, ABC was initially proposed as a counter strike to UASF suggested by core's developers who wanted to make it with nodes and change in POW. However, this will not happen. I am really surprised that after the lesson of the Bip 91 Wu and probably Ver still insist on their 'projects'. They clearly saw that the bitcoin economy is against any chain split and will punish any man no matter how great he think he is. Such splits are endangering the upward trend of the BTC as everyone on this planet saw this Summer.