Quote from: exstasie on June 07, 2019, 02:20:47 AM

Quote from: Shelby Moore

Actually take some time to read the following two linked posts and understand that the death of the Core shitcoin is 100% economically assured:

https://steemit.com/bitcoin/@zoidsoft/psa991 <--- @zoidsoft has been a s/w engineer his entire life, read his numeric economic analysis

https://steemit.com/bitcoin/@anonymint/ps965c

There is not a single iota of logic or evidence that proves your point in those useless, rambling posts. Chock full of retarded assumptions with no basis like:

Quote

I'm thinking that once the Segwit booty exceeds 50% of the total BTC in existence, that's when it will happen. If I could just mathematically model the flow into segwit somehow, I might be able to extrapolate when.

At the 50% mark, the value of BTC Core and BTC legacy will be equal which turns this into something similar to a PoS situation where the majority BTC legacy is assured control.

You are laughably dumb if you eat up this sort unproven illogical garbage. These posts are nothing but empty opinions from people who are obviously completely ignorant of the economic incentives.

Quote from: Shelby Moore

If you are simply stating an opinion and not giving users investment advice, then please put a disclaimer on your allegations that Im a nut job. I have done more research in the past 6 years about crypto than most of all you combined. Enjoy poverty.

You're a nutjob, no disclaimer required. Nobody cares about your "research" because quite obviously you have nothing to show for it besides some laughably stupid Steemit links.

Quote from: Shelby Moore

There was no SegWit anyone can spend donations booty to provide the Schelling point. Now there is. Read @zoidsofts numbers linked above.

"Oh yeah, derp derp, 50% coins in Segwit addresses? Must be time to fork to that chain nobody is going to use where we steal everyone's coins! Derp derp!" Super convincing game theory. We're all very impressed with you. LOL.

You idiots haven't even bothered to discuss mining incentives as pertaining to actual users, post-fork. You've based this entire absurd theory on mining rewards at existing prices! That's beyond absurd! Miners on your shitcoin won't be mining billions in value. Who is going to put bids on exchanges for that shitcoin? It would be dumped to hell immediately and become incredibly unprofitable to mine.

Somehow you've convinced yourself that airdropping coins to legacy addresses is going to create demand for your coin. Now why would that be? If Bcash taught us anything, airdrops are for dumping.

Quote from: Shelby Moore

Anyone who understands where Bitcoins monetary valuation comes from as a replacement for gold (make sure you click and look at the charts!):

Then understands that without immutability of the protocol, then the 21 million tokens limit cant be assured and thus you will end up with a non-monetary valuation such as silver which is now entirely demonetized:

How is your shitcoin immutable? You're proposing a hard fork where miners steal outputs from users on the original fork. That's the complete opposite of immutable.

What you're proposing is yet another Bitcoin hard fork spinoff. What makes you think users would uninstall their Bitcoin software to install the miners fork? Half the economy with Segwit outputs is obviously strongly opposed to that. Everyone else has a strong interest in a resolution where miners don't prove Bitcoin doesn't work by stealing everyone's money. All user incentives, both long term and short, point to heavy opposition to the miners fork.

Bitcoin users can wait days, weeks or longer while miners spend endless millions of dollars attacking Bitcoin and mining their worthless shitcoin chain. All users have to do is wait. Slow block times aren't going to convince Bitcoin users to go against their interests. Miners are the ones who will be squeezed financially into calling the attack off and incentivized to return to the chain where users actually are.

Quote from: Shelby Moore

Note to mention that SegWit and LN makes the blockchain insecure, for reasons I have explained else where and will not repeat again now. If you doubt my technological acumen, then that is your stupid mistake.

Sounds really convincing!

When are you actually going to say something that might prove your point?

Quote from: Shelby Moore

Quote from: exstasie

Miners will be spending massive amounts mining a completely worthless chain.

Nonsense. They will be enriched with $billions of donations from idiot snowflakes.

No they won't. Nobody would ever put bids up for this useless shitcoin. There will be zero bid liquidity on exchanges, zero OTC liquidity. In one move, these miners will have publicly destroyed the entire use case for their coin. It doesn't matter how big the mining rewards are since the coins will be worthless at market.

Which is why miners will never engage in this.

Quote from: Shelby Moore

Quote from: exstasie

If the attack succeeded (LOL) it would only succeed in destroying trust in all the forks, and all of crypto.

Exactly. All crypto except real, immutable, original, one-and-only Bitcoin.

And that is exactly the way the genius Satoshi planned it to be. And so it shall be. Mark my word.

Why would your shitcoin be immune? Investors are going to conclude that POW doesn't work.

This is the most incredible thing about your theory. You believe investors are going to flock to the very dishonest miners who just robbed them. The truth is, they would dump your shitcoin too, especially since it was just airdropped.

Not to mention that miners will control half the supply on fork day. LOL. Yeah, really attractive for investors! Where can I line up to buy some? Roll Eyes

If u might be really able of abstract thinking and can for a minute analyze - not checking hashrate and speculation price ( both are related and can be manipulated dynamically esp very at some singular event) - then try to see Segwit was the fork, and the airdrop itself.

Hm