4 ms·

I guess people say all kinds of things, but I don't recall anyone arguing that Bitcoin was going up because of the impending fork. It certainly wasn't the conve

by byset 9y ago

I guess people say all kinds of things, but I don't recall anyone arguing that Bitcoin was going up because of the impending fork. It certainly wasn't the conventional wisdom.

deleted 9y ago
[deleted]
thefalcon 9y ago
There was a spate of articles calling Bitcoin forks "dividends" and other such nonsense which I'm sure a lot of people bought into.
bdcravens 9y ago
There was tons of discussion around the price and the fork. Why wouldn't the prospect of free money make it a sellers market? Bitcoin Cash fork brought Bitcoin holders 7-20% free coins.
- shanusmagnus 9y ago
  Because this wasn't like BCash -- it was a hostile fork, with no replay protection, such that the two forks could not reasonably co-exist without first a major cataclysm. The best case result (according to most) would be the preservation of value on whichever chain survived. Anyone investing in the last couple of days looking for a dividend would have been a total imbecile.
  - bdcravens 9y ago
    Markets are filled with and driven by tons of imbeciles :-)
Kiro 9y ago
> It certainly wasn't the conventional wisdom. It was for sure. Where do you get your Bitcoin news?
- byset 9y ago
  From places that don't promote silly theories, apparently.
  - deleted 9y ago
    [deleted]
  - Kiro 9y ago
    Alright then. Where do your get your information? I'm apparently living in a bubble. (honest question, would love to get out of it if that's the case)
    - byset 9y ago
      Ah, then sorry for the flip reply. I look in on Reddit's r/bitcoin from time to time but there can be a low signal to noise ratio. I guess I follow the journalists Kyle Torpey (who has an email newsletter), Aaron van Wirdum of Bitcoin Magazine and other outlets, and Paul Vigna of WSJ. Adam Back, Jameson Lopp, Peter Todd, Pierre Rochard, and Pieter Wuille are good community members and Twitter follows.

4 ms·

I guess people say all kinds of things, but I don't recall anyone arguing that Bitcoin was going up because of the impending fork. It certainly wasn't the conve

by byset 9y ago

I guess people say all kinds of things, but I don't recall anyone arguing that Bitcoin was going up because of the impending fork. It certainly wasn't the conventional wisdom.

deleted 9y ago
[deleted]
thefalcon 9y ago
There was a spate of articles calling Bitcoin forks "dividends" and other such nonsense which I'm sure a lot of people bought into.
bdcravens 9y ago
There was tons of discussion around the price and the fork. Why wouldn't the prospect of free money make it a sellers market? Bitcoin Cash fork brought Bitcoin holders 7-20% free coins.
- shanusmagnus 9y ago
  Because this wasn't like BCash -- it was a hostile fork, with no replay protection, such that the two forks could not reasonably co-exist without first a major cataclysm. The best case result (according to most) would be the preservation of value on whichever chain survived. Anyone investing in the last couple of days looking for a dividend would have been a total imbecile.
  - bdcravens 9y ago
    Markets are filled with and driven by tons of imbeciles :-)
Kiro 9y ago
> It certainly wasn't the conventional wisdom. It was for sure. Where do you get your Bitcoin news?
- byset 9y ago
  From places that don't promote silly theories, apparently.
  - deleted 9y ago
    [deleted]
  - Kiro 9y ago
    Alright then. Where do your get your information? I'm apparently living in a bubble. (honest question, would love to get out of it if that's the case)
    - byset 9y ago
      Ah, then sorry for the flip reply. I look in on Reddit's r/bitcoin from time to time but there can be a low signal to noise ratio. I guess I follow the journalists Kyle Torpey (who has an email newsletter), Aaron van Wirdum of Bitcoin Magazine and other outlets, and Paul Vigna of WSJ. Adam Back, Jameson Lopp, Peter Todd, Pierre Rochard, and Pieter Wuille are good community members and Twitter follows.