Cconvert2G36
Member
- Aug 31, 2015
- 42
- 73
Very disappointing article from Slush. That someone who's been involved so closely and for so long could view Core's actions as anything other than corporate steering and capture... (listing out all the contributing devs like they were somehow equally behind the direction chosen by the BS clique.) Making light of those who do see it, and have warned about it the entire time... terming them conspiracy theorists. My hands just drop, perhaps this is the beginning of the end of the Bitcoin experiment for me, too. I really admired Slush, his former statements and actions were an important strand in the shreds of hope I had left.
The excitement about the future, the limitless possibilities, it's all just been turning to ash lately. The gmax treehouse is just going to ride this first mover pony as long as they can, and miners' fear of uncertainty is running us right down the long road of irrelevance. All made possible with the centralized control of information, while using overblown fear of centralization as a tool of control... just like in good 'ol meatspace... it's pretty disgusting.
I've been over-invested in BTC for a long time, did quite a bit of diversification around 440-460 this year, and I don't see that trend reversing until Bitcoin's "core" trajectory changes. I've moved my meager hash to F2pool for the time being, and will be selling all the hardware soon. For the first time since 2011, I won't be participating in this upgrade cycle. There's still a chance some exchange rate pain will encourage the miners to change course, but frankly, I don't want to be along for that ride. I welcome any kind of "segwit consensus/halving" rally as I slip out the side door.
It's been a pleasure reading many opinions here that align very closely with my own, if not for many of you guys, I would have washed my hands of the whole thing already. We are not alone, and the fight is not over...I'm not going away, and I'll continue to serve in the ideological battle. I just can't, in good conscience, have a meaningful portion of my net worth tied up in something I think is on the wrong track.
A monopoly cannot exist without barriers to entry, and some highly "technical" thinkers are seemingly committed to learning that the hard way.
The excitement about the future, the limitless possibilities, it's all just been turning to ash lately. The gmax treehouse is just going to ride this first mover pony as long as they can, and miners' fear of uncertainty is running us right down the long road of irrelevance. All made possible with the centralized control of information, while using overblown fear of centralization as a tool of control... just like in good 'ol meatspace... it's pretty disgusting.
I've been over-invested in BTC for a long time, did quite a bit of diversification around 440-460 this year, and I don't see that trend reversing until Bitcoin's "core" trajectory changes. I've moved my meager hash to F2pool for the time being, and will be selling all the hardware soon. For the first time since 2011, I won't be participating in this upgrade cycle. There's still a chance some exchange rate pain will encourage the miners to change course, but frankly, I don't want to be along for that ride. I welcome any kind of "segwit consensus/halving" rally as I slip out the side door.
It's been a pleasure reading many opinions here that align very closely with my own, if not for many of you guys, I would have washed my hands of the whole thing already. We are not alone, and the fight is not over...I'm not going away, and I'll continue to serve in the ideological battle. I just can't, in good conscience, have a meaningful portion of my net worth tied up in something I think is on the wrong track.
A monopoly cannot exist without barriers to entry, and some highly "technical" thinkers are seemingly committed to learning that the hard way.