Bitcoin Forum

Almost 42% and rising.
Suuuuure that fork is never going to happen. Lol.

Same block variance as always. Sometimes segwit is up, sometimes BUcoin is down and sometimes BUcoin is up and segwit is down... again, it's called block variance, no need to make a thread about it every time.

Meanwhile in LTC segwit is 98% hashrate support and price about to explode, but the idiots not signaling segwit are blocking further price growth and technological evolution in BTC.

because bitcoin user need fast transaction, with incraese blocksize problem transaction confirmation is very long time can solved
about bitcoin price incraese about pump bitfinex trader, in there bitcoin price 1350 dollar
not related about bitcoin unlimited

Litecoin's block support matches the hashrate support much more accurately due to the 2.5 minute gap between blocks.  Bitcoin is a bit more confusing.

It really doesn't matter whether BU's support is a couple percent higher than the rest of the time - the important thing is that the pools supporting it have stayed at roughly the same hashrate, and they have.  This doesn't mean that a fork is going to happen - it could, but it's no more likely now than a few days ago.

First, it is not a new record high. 42% is lower than the current BTU ATH (if I can permit myself to call this that way).
Second, a fork does not happen at 42%.
Third, it is not rising, already back to 40%.
Fourth, Unlimited is a dead thing supported only by AntPool and its fools, it will NEVER break out.

Let's all laugh at kwukduck


http://www.newsbtc.com/2017/04/22/roger-ver-claims-bitcoin-unlimited-production-ready-stage/

https://pbs.twimg.com/media/C-KLc7LXUAAYAfe.jpg


Another failed prediction! Sorry, your boss Roger has been found dead after his clown car crashed, no more payments per post, time to join a signature campaign!

https://i.redditmedia.com/aDSBmNMh6gWF-qqjMCfZumitvF0u31j1FRhIbhg3_q0.jpg?w=800&s=6d43d1d2483ce90d5d13f575a6d4c114

No one would expecting bitcoin forking to happen. As bitcoin is the volatile money, price seems fluctuating always but from the past 4 weeks price seems settled around the 1100$ to 1250$. BU and Segwit will be support for bitcoin to move higher and adoption on bitcoin has been increased day by day. This all things will results bitcoin stable in the chart. I hope it should continue for long term.

If that's true, then we should get ready to face an steeper price fall which happens in time when the majority support from miners were got.

You can fork the future. But you can delay scaling.

first and only thing that anybody needs to ever know, is looking at kwukduck's post history (https://bitcointalk.org/index.php?action=profile;u=654;sa=showPosts). just flip through the pages and read a couple of each page, specially those old ones always calling a doomsday, calling drop to $1-$100.
it really doesn't matter what the topic is, this duck will always adds a doomsday to it and posts it here!

and yet another node implosion for bu. at this point my friend's dog could code a more stable bitcoin implementation.

in a little way i would like to see unlimited win purely so it can kill bitcoin stone dead and prove what morons these people are.

Consider this: That is what exactly those pushing the Buggy Unlimited agenda might want. Buggy Unlimited may be a government-backed trojan horse, just like Bitcoin XT/Classic. They always are shilled by Gavin CIA Andressen. The chinese hashrate is obviously abnormal and state-issued by PBOC. Do the math.

It seems there is a possibilty that segwit will not happen at present forms.

There will be no hard fork at all and even segwit will not get activated, this debate is just a endless debate. We have to find new way to solve this block size problem.

Its actually a song of Johnny cash. Nice easter egg here. Five feet high and rising - Johnny Cash

if any of this was government backed don't you think they'd be doing a slightly more convincing job? even a moron can tell these guys are sitting around in their underwear pushing keys at random.

if i was paranoid about government backing, core makes for a more convincing case. creating problems that they offer solutions for while making reassuring statements about all being well while quietly undermining any other contender.

unlimited is so freaking hopeless and backed by naked and obvious greed that it's kind of reassuringly anarchic.

With very unstable client they have right now, they don't gonna get any support in future. There is a huge drop in BU nodes right now due to bug they have in their software.

You want proof ... ? http://imagizer.imageshack.us/a/img923/7494/39HWqt.gif









SegWit rise.
http://imagizer.imageshack.us/a/img922/4617/hysYmW.png





Bitcoin Core NODES win (and block more than 1Mb mined block).
http://imagizer.imageshack.us/a/img922/589/cvTDun.png












http://imagizer.imageshack.us/a/img923/186/Aaxr2g.gif

As i can see in the trend graph it really shows new higher record and this is due to more people were now building strong trust with bitcoin in terms of sustainable income that they can get from it. More users will be coming for the next months and trend will became more progressive as it actually moves upward, and investors who holds for future price increase actually believes the positive effect of btc which has the better impact to our lives for the future growth of digital currency.

Yeah sure almost. What a bad timing to start a thread like this  :P Bitcoin Unlimited Suffers Biggest Node Crash On Record (https://cointelegraph.com/news/bitcoin-unlimited-suffers-biggest-node-crash-on-record) . let us do one thing,start again from the beginning and build a slow hype at a later time and lets see how people will respond  :P Can you explain why the latest crash happened.  :)

isn't most of bitcoin unlimited hash in one form or another connected to bitmain?

until they reach 75% there is no worry, i'm sure it won't be activated with all the recent bugs and incompetency they have


miners are just undecided , segwit was at 35% before and bu 38%


since the antminer s9 is the best one now, all the pool are running that so yes, but why bitmain should go with BU if with litecoin they supported segwit with their new asic also, doesn't make sense to me

Stop using wrong terms. Adoption is that people are slowly but surely start to accept/use something, which isn't the case with BU. BU just gains its increased support from the same pools that are just *temporarily* allocating more hashpower to BU, and that's it. I think that's something you should know already as a funky legendary member... Record high for BU was 50% a few days ago, but you seem to have missed that as well?

You realize that this is not 'adoption' this is only forced by handful of people who are owners of mining pools.
Jihan alone is responsible for majority hash power supporting Bitcoin Unlimited. Just look at the number of BU nodes (10%).
Then confront number of nodes with hash support power. Do you see dramatic discrepancy here?

Even in the case when Bitcoin Unlimited would reach 51% of total hash power they would never try to attack the network. It is PR suicide.
Miners knows that they BU is not highly regarded within the community, pathetic number of BU nodes is clear example of that.
Realistically I would expect that BU take over could start from 75% hash power majority no less.

BTU can jump to over 51% without any problems as Jihan (and even other miners) just needs to point more power towards BTU, but they won't do so obviously.

It will significantly harm their operations as it is extremely risky and potentially very destructive. No matter how crazy Jihan is, he will not go through that as the negative consequences are too heavy to ignore.

Im starting to think that the theory of miners not actually wanting BU, and using BU as a way to keep segwit away in order to keep bitcoin as it is, is the correct theory.

What do miners gain by pushing BU anyway? Anything that increases the blocksize in any shape or form, be segwit, be BU or be an actual blocksize increase, goes against miner's fees, so why would miners want to ever increase the blocksize?

Doesn't it have to reach 66% to fork?  It doesn't seem like that is going to happen any time soon.
How come nodes are pretty much all sticking to core, but miners are moving to BU?

I thought core was better for miners, so they can have high fees, but nodes don't gain or lose too much, except that they will need more storage space for the blockchain if BU goes through.

Well, this mean only a few people owning a huge hash are pushing BU, and with its asicboost which gives 20% electric consumption thus adding 20% more hash am sure they had an advantage on this.  If only BU have an excellent coder, they could have won the race, since glitches, bugs and crashes should have not happen.

The price doesn't reflect that. We are flirting with all time highs now.
This wouldn't be the case if a fork was imminent and we had all the associated doomsday scenarios.

You're looking at the wrong statistic. That 42% is the percentage of blocks signalling for BU and is unrelated to adoption. A single miner with 42% of the hash rate could achieve that even if there was absolutely zero adoption.

Anyone can fork Bitcoin whenever they like, but they would be stupid to attempt it without support from the users.

I see prices recovering, almost nearly going up after falling as well... Think of Bitcoin as a success which surely will go up no matter what happens because of it as an international product rather than guarded by boundaries.

I'll likely keep fueling my cryptocurrency efforts + try at more faucets while I can to increase my loadout.

Just look at BCU vs BCC coins on bitfinex, that'll tell you which coin is "winning." The most important concern I have is BU developers don't have the expertise to run a 4 billion dollar network. Just imagine these node crashes happening on BTC, no one would take BTC seriously.

The biggest hurdle that the BU is facing is that they are not competent to run a billion dollar network as we are seeing more crashes every month and now they will change the plan to have more competing networks just in case that the network crashes and they will be building up a case to convince everyone to follow a multi platform network.:D

Which $4B network are you talking about? because as far the bitcoin market cap goes it's more than $20B and that BCU vs BCC is just a scheme to attract more volume for their exchange nothing more.

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I don't know about 75% of the latest blocks mined if they should indicate for activation or not but any changing of the protocols and source code such as increasing the max block size without 95% of total nodes and miners consensus is a total disaster and they know it as well that's why they are either keeping the block size at 1MB or if they're supposed to increase it they want to be under their own terms so they could take high fees with current 1MB limit and also take all the fees all together if block size were to increase.
They don't want SW because it will block their spam transactions done to bump the fees because it will force them to mine averagely every 10 minutes and not mining 2 blocks in less than 3 minutes with their ASICboost.

Bitcoin Unlimited adoption is increasing and the btc price is still pretty good.
That`s weird.Maybe the hard fork is really something good for us.
Where can i get some BU? ;DJust kidding.

Bitcoin Unlimited is the only viable solution for the block size issue. If it is implemented, then the exchange rates will go up by a good amount. The other proposals such as Bitcoin XT and Bitcoin Classic are not permanent solutions.

Obviously, the core supporters will disagree. The timing of solving the blocksize issue is also important. If we wait too long, then an alt might become strong enough to supplant bitcoin.

BU is neither viable nor a solution. It is the third in an ongoing series of failed attacks on Bitcoin. XT and Classic already died, and BU is well on its way.

What will be the next failed attack? Tune in next week and find out...