Oh no, panic seemed to hit me too, where to spread my assets

To be really honest I find it hard to belief these stubbern fellow humans over at the Bitcoin realm. Like it is a game, who ever wins gets the longest and harderst blockchain. Why do I put it 'tongue in cheeck' like that? Because the...

8 years ago, comments: 11, votes: 69, reward: $14.11

To be really honest I find it hard to belief these stubbern fellow humans over at the Bitcoin realm. Like it is a game, who ever wins gets the longest and harderst blockchain. Why do I put it 'tongue in cheeck' like that? Because they act like little boys fighting over who is going to be the bank this time at a monopoly game. Are they payed by the banks to destroy Bitcoin? A lot of people will thank them for being impatient, wrecking the whole idea in the proces. Really I like to throw curses at both camps right now, like someone that got Tourette attack, all of a sudden. Is it as simple as: 'greed moved in'...?

No, it is about transactions, not enough per block. And the cost per transaction is supposed to be too high. Come on now, do your freaking math here! When the blocks do not generate BTC anymore, how do the miners get payed? Bitcoin would be best for vast amounts of value transactions, like a wrote before: it is digital gold. And digital diamond it cannot be anymore because of the ranks broken. There was stil an opening to tips, sidechains and a lightning network. What on earth got into those cockchain fighters. Get it through that thick Neanderthaler sculls of yours: "YOU ARE DESTROYING BITCOIN AND THE CONNECTED!" The banks need no worry, nor the governments, some big ego's in the Bitcoin community managed already...

Where is Nakamoto now, when needed most?

Do I, somebody who does not 'C' that well, and I'm very kind to myself here, have to fork it hard for them? And where is mister Satoshi: "Koko ni modoru!" The market is showing a trend that might go back to about 500 dollar for BTC, well before that I will have spread it to other Assets. Already did that with small amounts, some POS stuff, that kind of thing. Mainly still with Bitcoin offspring. But I do not think the second coming of Satoshi Nakamoto will happen. So, time to move onto other things. And this time they will be mainly NTP based. Meaning chains with timed blocks, like 3-2-1:BLOCK! For me this means mainly Bitshares, because the exchange is decentralized too.

Just went over to Github, thinking about hard forking Bitcoin Core to get real 4 MegaByte blocks in. Let those other two branches fight, while I would sneak this one through. Give miners a week to get this one running before blockheight activation. Updating mandatory, and then move on from there. But what is the use to do the third branch: Bitcoin Total Converge, BTC for short, nice ticker by the way, think that one will catch on perfectly. And while I was overthinking my moves like: "Would it be really stupid to even try this?", I noticed that Bytemaster (Daniel Larimer) already started something again at Github. So, Steem will come with great news next week and Dan working on something with Apps on a NTP timed blockchain? Why even bother with a slightly congested blockchain technology that apparantly got hiked by a bunch of chainfighting dingbats.

Graphene / Chainbase based and NTP timed

Yes, you might notice a slight rant here and there. No need to be sad about it, anger is an energy. It seems the ranks have been broken within the Bitcoins community. Madness of maybe a blockchain split where the addresses are the same. The private key in one will create the same address in the other, with the same value. So, in a way, I do not even bother about chosing which one to support, I could just move my BTC assets to an old address of which I know it will be the same on either chain. Oh and that rubbish about selling one on one? What all 16 plus million? It is 'only' about 140K BTC. My idea is just to move it before the split to one or more old BTC addresses that I have the private key for. A paper wallet generator, OFFLINE!!!, would do the trick.

But why bother, Bitcoin is not yet close to the point where I start to lose big time. Still at 180% in the plus. Maybe now is the time to move out, move on to better things in life. Yes, Steem might be one of them. But I try to keep value in there that I made by posting and curating mostly. But one relative of Steem is Bitshares that has some real awesome features, like a decentralized Exchange. Smart Cash is there too. Do not like the name Smart Money, because of the 'shades of grey' related abbriviation that creates. Although I came to understand that might be a strange attractor. Yet, for now I want to propose the term: Smart Cash {SC} and then something like Smart Cash Wallet {SCW} and a Smart Cash Plaform {SCP}.

And because we call it Smart, it needs to fullfill the expectation. The only blockchain technology to pull that one off is any Graphene related offspring, being it ChainBase and whatever AppBase is going to amaze us with. It can scale, is secure and it fast like 3-2-1:BLOCK! So there is where the action is, that is where things can be called SMART! Smart Coins, Smart Cash, all possible on that superior blockchain technology. Maybe now is the best time to move on. Let the Bitcoin chainfighters figure it out themselves, why try to safe those who basicly seem to be self destructive? Especially when there is a better technology available already?

Am I going to move my assets in panic?

The Bitshares platform has a lot of options. It has a working payment system connected. And Steem has some great to news under the hood, next week the announcement. Maybe I'm holding on a bit more to the current Assets. Yet, there might be a run on Steem soon, pushing the price up again. Bitshares offers some smart stuff like bitEURO and bitUSD. And there I could do something with User Issued Assets. Thinking about a crowdfund, moving a dying coin over there, that kind of thing. Bitshares could handle all of that, I know. And I just noticed there is information available when hovering with the mouse arrow above an item. Very well thought out interface!

And what do you think? Because it really looks like breaking the Bitcoin ranks is going to create a blockchain split. Leading to a weird situation where a trade on one split, will show on the other. Having accounts with the same private keys before the split is going to disturb the balance even more. No matter what chain becomes the longest and hardest (added difficulty), a paper wallet made before the split could create some fun effects after. Only makes me wonder more: "WHY ON EARTH...!?"

Anyway, this might be the best time to move onto better things, like Steem, Golos, Bitshares, Peerplays and Muse. But if I were, what to move over to? My crystal ball and tea leaves are not helping and where are the three pigs, the bucket and some truffels when I need them?

It is speculation, so remember to only put in what you are willing and able to lose. And your guess is as good as mine.

Have a wise one!



screenshot "Bitshares2-light", cc0 license by @oaldamster