Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
HairyMaclairy
on 12/06/2019, 19:43:57 UTC
⭐ Merited by JayJuanGee (1)
Quote from: Anon136 on June 12, 2019, 07:39:50 PM
Quote from: HairyMaclairy on June 12, 2019, 07:34:08 PM
Quote from: fabiorem on June 12, 2019, 07:31:21 PM
Quote from: Anon136 on June 12, 2019, 07:15:50 PM
You could argue that bitcoin in its current form IS a fork but that's okay, it has a pretty good consensus. As long as that consensus doesn't fracture too much we can keep this delusion going. IF we could keep this delusion, the one that says "bitcoin is special because we need it to be special", going that would be wonderful for global commerce and wellbeing, and so far we have been able to do it.


About these forking issues, the majority of bitcoin miners have signalled Segwit in 2017. I dont believe they will leave the consensus they agreed upon, and if they do, I believe they will warn it first.

Money is based on consensus, without consensus there is no money.


Miner signalling isn’t worth shit because it doesn’t represent economic consensus.  The users have the real power.  BCH is worth bugger all despite Bitmain support because miners have no power.  


Also Anon136 needs to learn the difference between a hard and soft fork.  

HairyMclairy needs to learn that both hard and soft forks are a subset of the only word I used in my post relating to any kind of fork, which was the word fork.

Then don’t say that it is “arguable” that Bitcoin is a [soft]fork when it is a fact that Bitcoin has soft forked by consensus at least 18 times, and soft forked by orphaned blocks probably thousands of times.