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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 01/07/2018, 02:24:26 UTC
yes.

if segwit is doomed like anunymint is praising, people would lose trust in bitcoin and blockchain as a whole. that's why there is no advantage in storing coins on legacy addresses.
Praising? Who says he is happy about it?

Something that might be interesting to consider is why some of you seem to be so invested in the idea of segwit being the ultimate good that you call anyone who question it, even on a technical security front, names. What's up with that?

Because many BTC HODLers want to believe that the Bitcoin core team is headed in the right direction. They want to believe that BTC, in it's current state, is antifragile.

It is not pure "belief".  There is evidence to back up bitcoin being secure and ongoing attacks through physical attempts (such as spam), market manipulation and FUD spreading attempts.  So, anyone supporting and investing into BTC rather than pumping a bunch of alt coin and ICO nonsense gotta take "concern spreading" about BTC with a BIG ASS grain of salt.

Well, some people around here are treating this all like it's dogma.

Sure, there are going to be some folks who are like that, but I would imagine, you are mostly referring to a minority.  Folks looking in, are going to criticize bitcoin supporters like that, and generalize that it is like a BIG ass religion.  I might grant the point, if there were not actual solidly strong fundamentals behind BTC.  Alt coin pumping has way more religious attributes than bitcoin.. but whatever, I will grant that any of them, including bitcoin, could appear more like a religion if there is either some lack of understanding of its fundamentals or a failure to believe regarding the significance of some of the fundamentals.  I will also grant that there is a certain level of technicals, economics, politics, computer programming that must take some faith to accept because there are not too many people (even the really smart ones) who are going to understand all aspects of bitcoin, even if they specialize in some of them (including some of the developers not understanding some of the politics and economics, but they still end up supporting the right principles that cause bitcoin to serve as a stronger and stronger product of course with varying valuable use cases).


Reminds me of when I was in a class converting to Catholicism and I dare challenged the fact about Jesus actually being born on December 25th. The sister was aghast that I challenged this, and her reply was "because the church says so." Needless to say, I am no longer a practicing Catholic.

The whole experience might remind you of that, but of course, there are going to be considerable differences, and as many of us likely know there are likely a lot more holes in various religions whether we are referring to individual interpretation and practice or broader theories.