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Segwit2x Bitcoin Fork Suspended

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11–20 of 253 posts

Re: Segwit2x Bitcoin Fork Suspended

#11
Considering the history of spoofed messages aimed at manipulating the market, they should have cryptographically signed the message

That said - if this is true, they've done the difficult but right thing.

Re: Segwit2x Bitcoin Fork Suspended

#13
post #11

Considering the history of spoofed messages aimed at manipulating the market, they should have cryptographically signed the message That said - if this is true, they've done the difficult but right thing.

Which way would spoofing this message send the market?

Re: Segwit2x Bitcoin Fork Suspended

#14
So bitcoin went up because they were going to fork, and now it's going up again because they will not?

k

Edit: Otoh, looks like it's seeing a bit of a drop now, but I doubt it will hit the pre-anticipation levels.

Re: Segwit2x Bitcoin Fork Suspended

#15

What a great way to manipulate the market.

I don't understand this desire to immediately assume bad faith in these situations. It's a complicated situation, involving a lot of actors. Yeah, probably some of them are acting in bad faith. But probably most of them are just trying to develop a functional cryptocurrency. This stuff is very hard, and having it all so decentralized only makes it harder. Personally I was hoping for the 2x fork to succeed, or, barrin…

What’s your opposition to SegWit?

Re: Segwit2x Bitcoin Fork Suspended

#17
post #13
post #11

Considering the history of spoofed messages aimed at manipulating the market, they should have cryptographically signed the message That said - if this is true, they've done the difficult but right thing.

Which way would spoofing this message send the market?

Same way it's going right now? (up)

Re: Segwit2x Bitcoin Fork Suspended

#18
post #13
post #11

Considering the history of spoofed messages aimed at manipulating the market, they should have cryptographically signed the message That said - if this is true, they've done the difficult but right thing.

Which way would spoofing this message send the market?

You'd think it would send it down assuming people were buying in anticipating the free coins after the fork. Since there aren't any free coins to get now and assuming that was propping up the recent price rise, why not sell? At least in theory.

edit: First three responses to the question all within one minute of each other with all completely different opinions. That's why it's so difficult to predict these things!

Re: Segwit2x Bitcoin Fork Suspended

#19
post #13
post #11

Considering the history of spoofed messages aimed at manipulating the market, they should have cryptographically signed the message That said - if this is true, they've done the difficult but right thing.

Which way would spoofing this message send the market?

Some people were waiting for the "free money" to come so they could buy "alt coins". Some will be happy to see BTC unchallenged. Price will be a balance of both.

Re: Segwit2x Bitcoin Fork Suspended

#20

What a great way to manipulate the market.

I don't understand this desire to immediately assume bad faith in these situations. It's a complicated situation, involving a lot of actors. Yeah, probably some of them are acting in bad faith. But probably most of them are just trying to develop a functional cryptocurrency. This stuff is very hard, and having it all so decentralized only makes it harder. Personally I was hoping for the 2x fork to succeed, or, barrin…

Bitcoin fundamentally attracts people who assume existing markets are run in bad faith. It's why there's so much propaganda attacking "fiat currency," and presenting Bitcoin as some kind of ethical imperative.
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