The bitcoin group 145uasf putin ethereum singapore and the bitcoin bubble
The purpose of this discussion is to publicly and concisely air concerns about BIP UASF and make sure they are properly understood by the audience. You can read my thoughts about BIP on my blog: Consensus not only by miners but also by developers. Biggest problem is the replay attack problem. Under what scenarios will the replay attack be an issue?
There will only be coins if the chain is shorter. All of the methods I have seen for splitting bitcoins are untenable. Network could get clogged with double-spending transactions, increasing fees. There is a nuisance correction in the NY agreement. Hey John, good video. I will second your point that Greg might not have understood that an exchange can go ahead and keep trading Bitcoin for Fiat and even Bitcoin for Altcoins.
As long as they do not allow Bitcoin withdrawals or they send you the withdraw via something like OpenDime in the mail so you have the bitcoin group 145uasf putin ethereum singapore and the bitcoin bubble private key. It will be up to the the bitcoin group 145uasf putin ethereum singapore and the bitcoin bubble of where to source those coins and even if half the exchanges are committed to sourcing their coins from UASF side when fresh Wire Transfers of Fiat come in then the other half of the exchanges have to be real careful in sourcing their coins from the Main chain in fear of a Replay Attack to a chain Wipeout.
In reality the most likely scenario for someone that sends the exchange a fiat Wire to buy bitcoin is to buy something like Litecoin or god forbid Ether from miners and then convert it to Bitcoin on their own exchange from those who have Bitcoin for sale and that Bitcoin has been there since before Aug 1st This may actually shoot the price of Bitcoin through the roof.
Just my thoughts, i will elaborate on my Analysis show later today on my CNvid Channel. I suppose he's thinking because of the miner equipment re-purposing. Scaling and the block size debate. Lora - Cinci Official Music Video. Explained To A Child.
What is Bitcoin Unlimited?