- Charlie Lee is against the hard fork in November: I have been saying we will hear a lot more contention around this topic come closer to the time. I can understand where they’re coming from.
https://imgur.com/r/BitcoinAll/ItwaW The conservative approach is not to mess with some potentially dangerous. Although we have a good example of how raising the block size limit worked just fine with Bitcoin cash. If we don’t reach consensus, we could see a 2x bitcoin and a non 2x bitcoin. The thing is miners signaled segwit2x, and to turn around now and say we don’t want 2x, is to break what we reached consensus with. The consensus was SegWit + base block size limit increase. So, you would be breaking trust now not to go through with it.
- Non 2x-Supporter:
- What 2x is, is just another scam by Jihan and a few other bad actors. In no way, any type of "compromise". If anything, just a way to save face when threatened with a UASF.
- It is designed to put total control of Bitcoin in a few hands.
- It is also a completely ridiculous idea. Nobody in their right mind is going to trust their money to a handful of incompetent devs under Jihan's control. If bitcoin cannot survive this hostile takeover from industry then its doomed to follow the same path as ETH, a pseudo-decentralized crypto coin that will have massive centralized attack vectors.
- It’s a pretty difficult scenario to be involved in. I think, and I may be wrong, that most users are rather blaze about all this. As long as the price of bitcoin is going up, and the fees and confirmation times are low, I’m not sure how many people care.
- Nice to see that the market has recovered IMAGE.
- Neo – Bitfinex has started trading today. New roadmap published. Coupled with the news that the Chinese government was only planning on banning ICOs temporarily, NEO will be on the up. As we are now seeing big time.
- Ripple - https://coinjournal.net/ripple-opens-new-office-india-eyes-multibillion-dollar-remittance-market/ Opens office in India yadayada.
- H-share is massively up, only after crashing forever though. As of right now their website is down. Can’t say too much about it. The project is dubbed a copy of Ark. How is it #16 on coin market cap? Let me quickly explain how this happened. Hcash started as a small coin and was trading around 20$ with a very low marketcap (>20mill). Then, they gave everyone who was holding any Hcash 500x their balance. More coins in circulation = higher marketcap.
- IOTA did the same thing
- Do you remember me saying Coinbase hit 10 million users yesterday? They gained 100,000 more in 2 days: https://www.coinbase.com/about
- https://wolfstreet.com/2017/09/05/ecb-to-block-deposit-withdrawals-in-bank-collapse/ The European Central Bank is looking to increase its power, by temporarily withholding people the right to withdraw their money from 5 to 20 days in the event that there is a quick collapse in the economic landscape. So, the saying could easily be changed now to: Only hold as much fiat as you can afford to lose! Bitcoin certainly does make banks look bad. They’re essentially holding your currency for you, with no access to your private keys should they decide to withhold it.
- https://www.coindesk.com/ethereum-seeing-ghosts-vitalik-buterin-is-finally-formalizing-ethereums-casper-upgrade/ Ethereum’s Casper or the switch to PoS is gaining traction. This development is due after the metropolis protocol upgrade and involves not changing the system from PoW right away, but first as a hybrid of the two before completely going green. More power than all of Las Vegas is currently being used mining Bitcoin, which is terribly wasteful for the environment. So, these proof of stake coins are considered far more sensible for longevity. There are a few white papers being drafted for the proposal.
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