Its not really a bailout. The DAO was certainly a bailout. Now if someone stole from the parity wallets and moved the funds and the ethereum foundation hard forked it would be a bailout. These funds are just frozen in a known address. We will have to wait to see what happens, but more than likely these holders will be told to get bent or there will be a non contentious fix.

The first parity hack didn't get a bailout btw.

im reading that its because a south korean exchange just started listing it

Lot of red today but Zen is hanging in there.

Zen with that j00cy pump

Das it mane

The whole point of a blockchain is that it's immutable. Nothing that happens on the chain can be rolled back. Code is law. As far as i'm concerned, I don't consider Ethereum to be a real blockchain anymore after the first bailout.

Another reason why this shouldn't be fixed in the next fork is that this is not a flaw in the protocol. It's a flaw put there by the parity devs in a smart contract. They should let this be a lesson for them. There's not one reason they should fix this.

I'm such a wanna be day trader. Cashed out at 319. Bought in yesterday around 285.

Inb4 moon mission and I'm stuck with btc bags.

edit - strong 4% drop. Tempted to get back in again.

edit2- back in. 2 extra zen in 5 mins. Time to shut the laptop and call it a day and go brag to my wife

pretty annoyed now that with Teeka's buy in the price will pretty much stay above 20 always

Factom is quietly maintaining gains as well

~134 btc

~70 eth

Nothing is being rolled back. The new fork would just replicate the current chain, not roll back to a previous state like the DAO fork.

How did it feel to hit $1mm then get kicked out lol?

Fuarkkkk mirin HARD

We’re about the same age too. I hope to make it like you one day brah

The same way it felt when I hit my first $100K and then got kicked out for months lol


Can't consider myself a millionaire until I'm well above the 1M mark... 1.5M or so... to cover taxes and crypto volatility

Pretty sure you will... crypto hasnt hit the exponential growth phase yet

Debating on pulling out a $20k loan against my 401k. Good thing is that any interest acquired goes back into my 401k. Would you risk it?

Hmm.... in the 5 year horizon you'll most likely come out on top, substantially, as long a you just hold majority BTC/ETH and don't day trade. It's not risk-free, but imo it's not as risky as some people think it is given where we are now. I'd do it because I'm crazy, and I enjoy risk, and I think there are some risks worth taking when the potential reward is insane

How many different exchanges are you guys on? Im on 3 different ones(not counting gemini) due to alts

I just took a 401k loan out to pay off credit card...in a year once I pay that off I might have to take another for crypto

I'm expecting Omg and Wtc to pump at the fork.

you bought into wtc?

Depending on the market after the fork, and if WTC rolls out their own wallet/chain, it could pump heavy through december.

The conditions are certainly ripe for a nice long alt bull run.

A small investment, but OMG is still 10%+ of my portfolio.

Crazy tinfoil conspiracy theory comment on youtube about the fork

"You keep saying bitcoin will do well long term, and dipping short term. But you are ignoring the fact that bitcoin will take a completely different dynamic after the fork. This fork won't be like the other forks. The 2X chain has massive support, from miners and the biggest bitcoin companies. Their goal is to have 2x implemented as the main bitcoin chain, not as some alt coin, this has been their clear intention. I understand that most people are supporting the core developers and nodes, but value is determined by where the money goes. Supporters of B2X see that bitcoin is not offering many things, like the transaction speed, whereas alt coins are, hence increasing competition against bitcoin. They want bitcoin to satisfy as many needs as possible and not have people going to other alts, like litecoin. You need to weigh the probability of the following events: 1. Market whales dump their BTC for B2X, initiating a bear market and major sell off of BTC making a bull market for B2X 2. Miners point their hashing power exclusively to the 2X chain, making it the superior network. 3. People not moving their BTC as there is risk of replay attacks, freezing their assets..... This could cause BTC value to be completely overtaken by B2X. Exchanges still haven't said which chain they will refer to as the original bitcoin for the long term, leaving the possibility of B2X becoming the main bitcoin. Once institutional money pours in (they are all on standby waiting), it could be lead right into B2X. Look at what happened to Ethereum and Ethereum classic. No one is seeing this coming because the core supporters have a bigger voice and larger population. However the 2X supporters have all the money and power, what actually matters.

I feel like people are referring to bitcoin as if it is a given that it will be the more valuable coin. The 2X coin can very well become more valuable. Futures are already trading at $1,000, making it the second most valuable crypto, and it doesn't even exist yet. That means bitcoin will automatically fall by 1K as soon as
the fork happens. Then whales can dump their BTC to buy B2X at a fraction of the cost. Wiping out the BTC value (down to 2k) and pumping up the B2X price (up to 5k). Making it a ridiculously profitable trade. Then all the miners will move hashing power over to B2X, and then exchanges view B2X as the main chain. Completing the hijack of Bitcoin.

Am I crazy? Or is everyone crazy for not seeing this coming?"

Your able to withdraw btc on ethconnect according to Twitter. Good news for ethconnect

This is one of my biggest concerns with the fork, even if alts pump vs btc this doesnt mean **** if btc crashes to 2k.

If you only hold btc however, it shouldnt be of much concern since you will get both the coins. Just holding on to both of the coins and selling the one with lesser support after a few days seems to be fine. The problem comes if you held alts before fork, sold it on the pump for btc and then btc lost its value to b2x. Since there are no B2X markets for alts you are now shafted because you hold more btc than you had before but the value of each btc is worth a fraction of what it was.

What I'm gonna do is, hold alts for the immediate post-fork pump and go into tether and then see which chain wins and buy into that. If there is enough fear, people are not gonna stop at selling btc for tether post fork, theyre gonna sell alts to tether too.

Another strategy that I thought of just now was buying b2x futures. If b2x comes out as the winner, each b2x future that u bought now will become a btc.

Any of you guys heard of B3 coin? Figured I'd just make you guys aware of it cuz I've got some good ideas from this thread before, so not trying to promote or anything and not affiliated with it but it's been really good to me so far. Started with $300 investment just over a week ago and I'm up over $2k profit from the staking, beating inflation quite easily even with it's extremely low prices and inflated supply. It's a proof of stake coin that will be the first to run masternodes and build it's own decentralized exchange. Very active and helpful community as well. And their developers were involved in 4 highly successful past projects, one of whom used to be on the Segwit team. Worth looking into. I'll go into more detail if anyone here shows any interest in learning more.

See I was going to probably put 50% into BTC, 25% into ETH and then the other 25% into alts, such as WTC and OMG.

weve gone into this a bit

businesses like b2x because its larger block size allows them on the blockchain

however, mining it is the less profitable coin for miners.

its gonna depend on what miners do.

i saw that support for b2x had gone down, but it was still significantly supported

Anyone think BTC is gonna break $8k pre-fork?

You're the most bullish on BTC. I would be curious to hear what you think about this B2X fork and how you think it's going to play out. 134 BTC you could make bank if you sold off whichever chain ends up being the weaker one right off the bat, or are you going to just hold both and let the dust settle?