Bitcoin Forum

Other => Beginners & Help => Topic started by: tomcat98 on September 05, 2015, 10:41:39 PM



Title: How close are we do fork/not fork?
Post by: tomcat98 on September 05, 2015, 10:41:39 PM
When will the fork happen or an alternative route happen? I think I'll be withdrawing a few bitcoin just in case it goes sour which is quite possible due to panic when is it happening?


Title: Re: How close are we do fork/not fork?
Post by: achow101 on September 06, 2015, 03:01:55 AM
When will the fork happen or an alternative route happen? I think I'll be withdrawing a few bitcoin just in case it goes sour which is quite possible due to panic when is it happening?
For the current proposals, the earliest time that a fork could happen is January 11th, 2016.

You won't need to withdraw your Bitcoin unless you are worried the price will tank (I'm not). If you just don't spend it until it is clear which fork is the winner, then all of your Bitcoin will be safe as long as you have your wallet.


Title: Re: How close are we do fork/not fork?
Post by: pooya87 on September 06, 2015, 03:26:55 AM
When will the fork happen or an alternative route happen?

we are far away from it happening ,
according to http://xtnodes.com/
11% of nodes are XT
while only 0.3% of mined-blocks (of last 1000 blocks) were with BIP#101

I think I'll be withdrawing a few bitcoin just in case it goes sour which is quite possible due to panic when is it happening?

i feel like the panic period ($200 @25 AUG) is over , maybe not 100% over but by looking at price chart over the last few weeks it looks like bitcoin is back on track and rising again ($240 now).


Title: Re: How close are we do fork/not fork?
Post by: unholycactus on September 06, 2015, 04:39:26 AM
What do you mean by withdrawing? Selling your coins?

I personally think you have nothing to worry about, major changes in Bitcoin need consensus.


Title: Re: How close are we do fork/not fork?
Post by: LiteCoinGuy on September 06, 2015, 09:00:49 AM
far away. but it is always good to hold some Litecoin just in case.


Title: Re: How close are we do fork/not fork?
Post by: favdesu on September 06, 2015, 09:42:35 AM
I doubt it'll happen anytime soon. at least not the current altcoin proposal from this two rogue devs.


Title: Re: How close are we do fork/not fork?
Post by: alani123 on September 06, 2015, 10:46:39 AM
There's a BIP related to the blocksize released nearly every week. Until somebody takes the time to take a proposal and put it into practice like Gavin did the rest of BIPs are just distractions from a fork. And don't get me wrong here, I don't support BIP101/XT but currently, the only mechanism that is put in action and could lead bitcoin to a fork is BIP101/XT.


Title: Re: How close are we do fork/not fork?
Post by: BtcMagazin on September 06, 2015, 11:12:17 AM
far away. but it is always good to hold some Litecoin just in case.
Litecoin's price is plummeting after the halving. As a bitcoin holder, we just keep our bitcoin in our wallet and wouldn't lose them after everything is clear. If you are panic, you could sell out your bitcoin, shouldn't withdraw to another wallet.


Title: Re: How close are we do fork/not fork?
Post by: LiteCoinGuy on September 06, 2015, 12:28:03 PM
far away. but it is always good to hold some Litecoin just in case.
Litecoin's price is plummeting after the halving. As a bitcoin holder, we just keep our bitcoin in our wallet and wouldn't lose them after everything is clear. If you are panic, you could sell out your bitcoin, shouldn't withdraw to another wallet.

up / down / up / down - nothing new here.