Bitcoin Forum

As we know, Buggy Unlimited support by state-bribed Jihad Wu caused the end of the uptrend:

https://image.ibb.co/ibz6tv/bucrash.jpg

The recent support from segwit achieving all time highs of 36% made the price bounce back from sub 900:
http://bitcoin.sipa.be/ver9-2k.png

Now it's yet to be seen what Buggy Unlimited camp will do. If they keep threatening with a hashrate attack, things will explode. Expect a massive crash.

If Jihad and Roger stop trolling and we get segwit activated, we can be at $3000 by next year.

Choose wisely.

bucoin is shit can't trust your money on that thing

ps: posting on a segwit thread before franky1

Woohoo! Those hemorrhoids can stop the hemorrhage has stopped! Bitcoins can finally get back to what's important. That is flying to the moon and never looking back. 2k by April 1st.

If we are counting on Voger Rer and Jihad Ackbar's supports for a recovery then bitcoin was already dead for a looong time. You just described what a centralized currency is, bitcoin. It's pretty annoying to know that those two actually have the power to destroy bitcoin. Wow. ASIC's boys. ASIC's killed bitcoin.

core crew gave THEIR votes to pools.

now trying hard to blame others.

so funny.

meanwhile many different implementations continue plodding along without making threats and just letting real consensus find its way.

while core are shooting themselves in the foot and pointing towards the anyone they can see to blame for it. and all finding the excuses they can to launch the nuke which they pretend others will fire first.

 

bip148 UASF is out. users will stop Jihad.

http://oi65.tinypic.com/104envc.jpg

Lol

core cry that splitting the network is bad.. sooo
core propose to split the network

laughing soo much

meanwhile many different dynamic implementations continue plodding along without making threats and just letting real consensus find its way.

---

core cry that setting deadlines are bad.. sooo
core propose a deadline

laughing soo much

meanwhile many different dynamic implementations continue plodding along without making threats and just letting real consensus find its way.

---

core cry when the price moves up and down and try making it sound important
meanwhile exchange move from $935 ⇘ $933 by a user with just $302(324mbtc)
meanwhile exchange move from $933 ⇗ $935 by a user with just $50(54mbtc)
https://i.imgur.com/SekwET0.png
(note trades measured in mBTC (0.001btc)

less than $302(324mbtc) to drop the price from $935 to $933⇘
yep $302 to make the market cap change by $32,470,200.00

then ~$50(54mbtc) to ramp the price from $933 to $935⇗
yep $50 to make the market cap change by 32,470,200.00

price movements are not a sign of any "community consensus" due low funds being used and also the high increments per orderline causing the volatility($1 gap per increment)... making it easy to make the market volatile without needing large community/whales

I'm wondering why we are now experiencing uptrend in BTC's price after all these rumors and it turned out that there's a huge bump in Segwit supporters in the last blocks. After checking CoinDance, I saw that 37.5% of blocks mined today used Segwit while 38.1% used BU. It's nice that we are seeing this uptrend after the huge meltdown in price. I'll just use this opportunity to make some profit in this bloodbath.

As much as I would like to see segwit continue to gain traction, the same pools that were mining segwit before are still mining it now, so there doesn't appear to be any increase in support and this is just variance related to pool luck.

Segwit seems to have edged past Unlimited now (last 144 blocks mined).
https://coin.dance/blocks
Segwit supported by 37.5% of blocks, Unlimited supported by 36.8% of blocks.
Overall, a pretty much split society.  :-\

Thanks for sharing i see alts going down a little

The bu-core war isn't nearly over, don't be delusional. This seems to be the second cat bounce, mots likely in 24-48h  btc will be down back to 900, or less. The level of support seems to be decreasing with every dead cat bounce. If nothing happens, aka no split, the civil war will still continue and there won't be room for development.

meanwhile it still means that ~25% are still abstaining either way.

trying to make jihan of 16% be the reason of 62% veto/abstaining against cores segwit. makes me laugh

yes, that is just silly.

Guys, please... and I'm talking to all you core supporters:

You like Greg's roadmap.  I get it.

But unless segwit support goes up in a big way and soon, we're just wasting time while Ethereum eats our lunch.  Can't we just all agree on a 2mb increase for now?

This is unbelievable.

BUcoin support:

https://i.redditmedia.com/jGkQ4jIf37fJMPFFogB94Bu4uHLrS0nchdtG8nsjalA.jpg?w=1024&s=41b0fbd171ee5af4d8d8c18572f44e60

segwit ATH surpassing BUcoin: going back to $1000



Jihan controls way more than that. He has additional pools, + coerces everyone that buys ASICs from him into following his lead.

It could be those pools (BCC and Bitfury) have increased their share of the hashrate. Which of course is also temporary


We've really got to do this PoW change, we're being given no choice


BU can just attack without any user support, it's pretty clear that they just don't care about keeping up the charade, really. And they can do this at any time, and will likely choose their timing carefully.

If the PoW change isn't at least already in progress by the time BU inevitably do attack, we're far more screwed than we would be otherwise. The alternative is to do a sudden emergency change, as suggested by the Core devs and others, and that's just an invitation for BU to attack.


I hope literally everyone can rid themselves of the naivety I'm seeing in some people: BU is intended as an attack, and it will be used that way. Waiting around until they attack is not an option

I'm steering clear of BTC for now while all of this blows over.

I don't like the idea of BU disrupting things from an investment POV, and the concept of SegWit sounds appealing. Probably find a good entry point into LTC in the coming weeks and hodl.

I think segwit is not the reason for the downgrade bitcoin, but it is because BU attacks and affects the market, segwit will bring many advantages, so it is a necessity at present time. in. However, this should not last long, bitcoin is slipping, and it needs to rise. Although BU attacks, the market still does not take it seriously, so its impact will be smaller. Facing an attack is always a good thing, you have to resist before you are defeated.

I am conflicted here.  Who's winning and what's the prize?  Somehow I believe that a network split into two groups whose individual members share common vision is the natural result of a free system....it seems like a normal evolution.  It's hard for me to be worried because the altcoins have served me well.  But, should I be worried?

Smart miners jumping ship:

https://i.redditmedia.com/LIwna2JST9qTeVFJhYtRUjU2SiiY7aJojQ-NpbFbCWA.png?w=420&s=6c1776947b81fe45b67e480026777388

Segwit support soon to go %40+

Get ready for $1000+ price again.

The downturn back to the same level of ~26% suggests not. It was just variance. Now if f2pool is actually considering signalling segwit, that would be a totally different story.

F2Pool was saying something about considering SegWit in litecoin but i never got a decent source for it except for cryptocoinsnews and since they control 45% of LTC hashrate they haven't obviously done it yet since SegWit support is still around 20-30% http://litecoinblockhalf.com/segwit.php

i suppose if they are going to do it, they will do it on LTC first.

The same mining Cartel behind the BU block, is also going to shift their weight against activation of SegWit on other Alt coins. Reason : If SegWit can be proven as a success on other Alt coins, it would make it easier for SegWit to be accepted for Bitcoin.

They will not allow for that to happen, because it will be used against them as proof that it is the better solution. Litecoin is similar to Bitcoin, so it will be a easy comparison.

the bad news is that a split is worst than a dominance, and it's for a reason why the BU chain was achieving to attack the other chain in case they win to avoid a future split

i see that segwit gained 3 points %, was at 26% before, and bu lost 1%, might explain the little price jump

Well, yes. With the benefit of hindsight, you have divined the correct assessment (not so difficult to "predict" that which has happened already). Both were possible before anyone had the chance to use hindsight though.


That's where BIP148 comes in. The way I'm reading the document, BIP148 simply activates Segwit on a day (November 15th 2017), as long as BIP9 activation has not already happened.

Furthermore this whole debate could have been prevented by core years ago if only they listened to satoshis advice and phased in a blocksize increase in advance.
But they didn't.      
    
Instead, they blocked a 2MB increase, or any increase in blocksize. Claiming a blocksize increase was 'controversial' or 'contentious' even though back then, almost everyone agreed we should have a blocksize increase, the discussion wasn't about whether or not we should have an increase, the discussion was about how large the increase should be. But core manipulated the discussion and somehow made everyone beleive the discussion was about having a hardfork yes or no.        
    
Even then, most people were in favor of an increase, that's when the censhorship began. A few years later (and a lot of newcomers to bitcoin who got brainwashed) and now we're at present day.      
    
If this isn't an organized attack I don't know what is.

Core claims all their actions were taken in order to prevent a chain split, but all their actions proof that they are actually the cause of contention n the first place.

I should really take action from my own advice LTC 3.7 -> 8.5  :-\

It's not too late to enter LTC. I can see it going 10+ within the next 72 hours. SegWit support for LTC is almost near activation, it will only take a couple pools to switch and it will activate. You don't want to miss that event not holding any LTC.