Now wonder who have interest to weaken both XMR and BBR communities by playing them off against each other...
It is a kiss of DEATH to Bitcoin if some "there" try to quench the "competition".
The Monero camp is composed of large Bitcoin holders and if we collectively withdraw our support, at this point it means a steep dive for Bitcoin.
I did not even mention the possibility that other honest bitcoiners might also want to switch allegiance. I know there are many. Bitcoin attracts scammers but also honest people.
Seriously...... I am trying to understand what you are saying, but it seems you are suggesting that a few big bitcoin holders can collectively tank Bitcoin. If this is the case, then Bitcoin is the biggest scam ever.
I have always held that old holders have to divest theirs coins for Bitcoin to move forward, I think your statement makes me certain of that sentiment now.
Please sell your stash asap so we can all move along.
Yes...the suggestion that there is a 'group' of holders 'supporting' the price (or able to influence it) might have held water in 2011, but not now.
What a strange thing to say: even if it was true, revealing it on a public forum would be foolish and reckless.
Public forum? See the Washington Post article!
It's not like this is a secret! Come on. It's always been like this and it will always be like this. There is nothing anyone can do.
The point is not that a few people can impact the price. The point is that old-holders are arrogant enough to use that impact as a threat on the community in general, and worse that anyone actually listens to them. Yes, the price would tank if big holders dumped. But it is those very holders that have created a cloud over Bitcoin. Old holders need to dump so we can get rid of their egos and their BS and their manipulation. Bitcoin will be just fine and would almost certainly explode shortly thereafter.
I have also said elsewhere that the Satoshi coins are completely ignored by everyone these days. They represent the single biggest problem for Bitcoin, if Satoshi is alive he is doing the worst he possibly can for Bitcoin by keeping those coins as they are. He should give away 95% of them to all active addresses and sell the rest right away.
Should the Bitcoin org be doing everything it can right now to stifle the competition???, absoFinglutely. But it should be doing so by doing its own innovation.
Yes, the Satoshi coins are a big problem for Bitcoin's future. Having question marks surrounding such a large amount of the money supply effectively limits the growth potential with regard to serious investors like banks and governments. People like to ignore that for now, but eventually questions will be asked.
Bitcoin doesn't view itself in any sort of competition. The organizations and people that currently run Bitcoin collectively do not see Bitcoin as a business obviously. What effect that will have on Bitcoin in the long run remains to be seen. The market will decide all of that. But don't expect much innovation from Bitcoin.
Satoshi needs to come out of the damn shadows and contribute to his baby. Hiding and lurking is really unacceptable behavior. If he does not want to be a part of the process going forward then I will become Satoshi and he can give me his coins. See under my name for the btc address Satoshi. I'm calling you out!