homo homini lupus



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MemberActivity: 84Merit: 10 The hardfork will make Gavincoin plummet to zero February 06, 2015, 10:18:51 PM #1 Why?



Because there are no users for the bloatcoin. People won't adopt it. They'll go for alts with smaller bloatchains.



Gavincoin hardfork will not only cause massive chaos and unease for investors (who want out surely at some point) but also make it impossible to use Gavincoin with a W-Lan connection aswell as on most normal computers people have at home today.

Most users' limit in bandwidth is too small to participate in Gavincoin after the hardfork. (many will want to tell you otherwise, but they simply have no clue - it's basically the same people who told you to hodl all of last year)



The fork and internal warfare will also destroy investors confidence irreparably.



Because of this and many other reasons Gavincoin will drift towards ZERO



Massadoption of Gavincoin is an impossibility

sgbett



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LegendaryActivity: 2058Merit: 1060 Re: The hardfork will make Gavincoin plummet to zero February 06, 2015, 10:39:40 PM #5 Quote from: homo homini lupus on February 06, 2015, 10:18:51 PM Why?



Because there are no users for the bloatcoin. People won't adopt it. They'll go for alts with smaller bloatchains.



Gavincoin hardfork will not only cause massive chaos and unease for investors (who want out surely at some point) but also make it impossible to use Gavincoin with a W-Lan connection aswell as on most normal computers people have at home today.

Most users' limit in bandwidth is too small to participate in Gavincoin after the hardfork. (many will want to tell you otherwise, but they simply have no clue - it's basically the same people who told you to hodl all of last year)



The fork and internal warfare will also destroy investors confidence irreparably.



Because of this and many other reasons Gavincoin will drift towards ZERO



Massadoption of Gavincoin is an impossibility



Let me just pipe in here and say:



Let me just pipe in here and say: "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto

*my posts are not investment advice*

Bernard Lerring



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Sr. MemberActivity: 294Merit: 250 Re: The hardfork will make Gavincoin plummet to zero February 06, 2015, 11:11:15 PM #10 That wouldn't surprise me. If there's a temporary crash due to the block chain fork when the switch happens. Before resuming trade at a similar price to before the fork.



Would it surprise you, homo homini lupus? The way you're posting the information seems to be as if you're imparting some genius knowledge upon us.



Any temporary disruption to the block chain is bound to have an exaggerated, if temporary, effect on Bitcoin.

homo homini lupus



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MemberActivity: 84Merit: 10 Re: The hardfork will make Gavincoin plummet to zero February 06, 2015, 11:18:20 PM

Last edit: February 06, 2015, 11:29:21 PM by homo homini lupus #12 Quote from: BillyBobZorton on February 06, 2015, 11:08:53 PM Im a bit out of the loop so im asking... are they really creating an actual fork named "Gavincoin"? wtf..



'they' aren't calling it that. 'We' call it that because we need to distinguish gavincoin from Mpcoin which is the original Bitcoinchain that will live on aswell. The savvy and informed user basically gets to choose which fork he/she wants to use.

The bloated gavinchain or the original unforked bitcoin chain (mpcoin)



The issue is ceating massive chaos because bitcoin works based on consensus and attempting a hardfork without a consensus like Gavin does will cause big problems.





Quote from: Bernard Lerring on February 06, 2015, 11:11:15 PM That wouldn't surprise me. If there's a temporary crash due to the block chain fork when the switch happens. Before resuming trade at a similar price to before the fork.



Would it surprise you, homo homini lupus? The way you're posting the information seems to be as if you're imparting some genius knowledge upon us.



Any temporary disruption to the block chain is bound to have an exaggerated, if temporary, effect on Bitcoin.



temporary? Not so sure. Have you thought about the actual mpcoin/gavincoin market? What happens when mpcoin and gavincoin are traded directly against each other? You got it. Madness!



So the flashrecovery isn't a thing i see as this shenangians can be expected to go on for several months maybe years.



It's not a 'temporary disruption', it's a SPLIT of bitcoin into two forks and also a split in the community. The altcoin 'Gavincoin' and the original Bitcoinchain without changes. Many people will go for Gavincoin but Mpcoin is the integer blockchain.

User that don't upgrade are automatically on Mpcoin. It's going to be a fuckin' madness situation.



... basically the amount of bitcoin doubles





*disclosure on my position: i am an independant onlooker in this. I am not associated with any of the sides, though i do prefer Mpcoin as the integer Bitcoin over Bloated and inaccessible Gavincoin. At the time of the fork i will hold no bitcoin and will not participate in any of that. Same would be advised for anyone else - so that's why the market crashes because nobody wants to get caught up in it and everyone sells before the fork. 'they' aren't calling it that. 'We' call it that because we need to distinguish gavincoin from Mpcoin which is the original Bitcoinchain that will live on aswell. The savvy and informed user basically gets to choose which fork he/she wants to use.The bloated gavinchain or the original unforked bitcoin chain (mpcoin)The issue is ceating massive chaos because bitcoin works based on consensus and attempting a hardfork without a consensus like Gavin does will cause big problems.temporary? Not so sure. Have you thought about the actual? What happens when mpcoin and gavincoin are traded directly against each other? You got it. Madness!So the flashrecovery isn't a thing i see as this shenangians can be expected to go on for several months maybe years.It's not a 'temporary disruption', it's a SPLIT of bitcoin into two forks and also a split in the community. The altcoin 'Gavincoin' and the original Bitcoinchain without changes. Many people will go for Gavincoin but Mpcoin is the integer blockchain.User that don't upgrade are automatically on Mpcoin. It's going to be a fuckin' madness situation.... basically the amount of bitcoin doubles*disclosure on my position: i am an independant onlooker in this. I am not associated with any of the sides, though i do prefer Mpcoin as the integer Bitcoin over Bloated and inaccessible Gavincoin. At the time of the fork i will hold no bitcoin and will not participate in any of that. Same would be advised for anyone else - so that's why the market crashes because nobody wants to get caught up in it and everyone sells before the fork.

homo homini lupus



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MemberActivity: 84Merit: 10 Re: The hardfork will make Gavincoin plummet to zero February 06, 2015, 11:49:00 PM

Last edit: February 07, 2015, 01:32:47 AM by homo homini lupus #17 Quote from: D05GTO on February 06, 2015, 11:42:37 PM Dumb post by someone who couldn't even bother to read the Bitcoin Whitepaper. Here's a snippet for the uninformed.



"

Long before the network gets anywhere near as large as that, it would be safe for users to use Simplified Payment Verification (section Cool to check for double spending, which only requires having the chain of block headers, or about 12KB per day. Only people trying to create new coins would need to run network nodes. At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware. A server farm would only need to have one node on the network and the rest of the LAN connects with that one node.



The bandwidth might not be as prohibitive as you think. A typical transaction would be about 400 bytes (ECC is nicely compact). Each transaction has to be broadcast twice, so lets say 1KB per transaction. Visa processed 37 billion transactions in FY2008, or an average of 100 million transactions per day. That many transactions would take 100GB of bandwidth, or the size of 12 DVD or 2 HD quality movies, or about $18 worth of bandwidth at current prices.

If the network were to get that big, it would take several years, and by then , sending 2 HD movies over the Internet would probably not seem like a big deal.



Satoshi Nakamoto

"



gavin is fixed on it - he's not looking at reality



Bitcoin does not have that transaction volume yet and Gavincoin will never get it because it's not a useful coin.

Mpcoin maybe ...

gavin is fixed on it - he's not looking at realityBitcoin does not have that transaction volume yet and Gavincoin will never get it because it's not a useful coin.Mpcoin maybe ...

galbros



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LegendaryActivity: 1022Merit: 1000 Re: The hardfork will make Gavincoin plummet to zero February 06, 2015, 11:51:22 PM #18 I agree that a growing size of the blockchain is a potential issue. However, there seem to be lots of improvements in the number and quality of light clients that don't require users to download the entire blockchain. Furthermore, as merchants use payment providers, it may not be an issue at all.