Bitcoin Forum

can someone tell me if btc will split on 1th of august or nah?

Have Patience!!  :D

Edit: BIP91 or Segwit2x has been successfully locked in with 93% miners' support. Now UASF has no relevance left. Go enjoy your vacations, nothing gonna happen on August 1st now. Get prepared for November. :D

Read this fucking topic everything in details

https://bitcointalk.org/index.php?topic=2017191.0

No, don't worry.
It was just bluff.

It is posible and I think that will split but I have not enough info to be sure of this

No it will not. BIP 91 which is what's being signalled now and might well be locked in by the end of the day ensures that.

There will be a hard fork but that creates a new coin, not a chain split.

It is quite unlikely to happen but we should wait till the actual date to find out about it, its just speculation right now everybody is waiting for actual activation date that is 1st august so you should also wait till that time.

It will not split but price will increase more  ;)

I believe so. Bitcoincash.org

That's a fork. Not a split. It's self declared new coin.

Don't go scaring the younglings.

So if the hard fork creates a new coin, will the bitcoin holders be able to claim these coins? For example, if I am having 10 BTC with me, will I be able to claim 10 new coins using my private key?

Yes but only if you control your private keys. Coinbase have already said they're not bothering.

Bitcoin Cash wallet options look to be very limited at present. I don't know if any of the most common wallets will bother to incorporate it in time so you'd have to export keys. I'd go for a paper wallet and transfer keys from there into whatever Bitcoin Cash wallets are available. It looks like their client and something called Electrum Cash right now.

I have already exported my private keys from my Blockchain.info wallet, and so I guess it will be easier for me to claim the Bitcoin Cash coins. Anyway, I don't want to waste any opportunity to earn Bitcoin Cash, as I have seen Ethereum Classic giving good returns to those who invested in it.

Don't panic and just have some patience we will only know it on first august but you have to keep in mind that segwit2x is just a soft fork and not a hardfork so it will not split the network itself. Only few miner may continue mining new bitcoin clone using old bitcoin blockchain after segwit activation.

It's definitely the most interesting thing to emerge in recent times. It's kind of odd how few people are talking about it. It's going to be fascinating to see how it plays out.

SegWit2X is this.

Stage 1 -- lock in (currently in progress).
Stage 2 -- activation.
Stage 3 -- hard fork.

I must however point out that the actual hard fork will happen roughly 3 months after activation, so from that point of view, we shouldn't cheer to soon. Step 1 and 2 are the easiest and least risky steps. After that we'll likely face another period of fud and uncertainties. I just want this scaling obstacle to finally get wiped off the table, but as long as the hard fork hasn't kicked in, things are not yet over. On the other hand, the volatility that these uncertainties bring are quite profitable, so I have to nurse myself with the opportunities being offered to me.

Yes, many similar discussion similar, it resulting that our best preparation for facing thru this are backup your wallet on your own computer.
Although whatever happens afterwards, everything is still under your own control.

its nothing to be scared of.  its great thing

How is that? Having BIP 91 locked-in, 2MB hard fork for Segwit2x is expected to happen around November 18.

I think the 2mb hard fork is going to introduce a brand new morass of arguing and FUD. Whatever agreement exists now is likely to be splintered by that.

For newcomers SegWit2X activation does not necessarily mean a hard fork 3 months later. Most of the miners signaling BIP91 are just running a patched version of core, not the btc1 client. We would need a majority of miners to actually switch over to btc1 for the later hard fork to occur.

probably not ! Just make predictions only, because bitcoin has become the main target, it is impossible to speculate with the famous bitcoin and become the main project.

FUD spread that there is a possible chain split but it seems that won't happen.  The support for Bip 91 is enough to lock down the update and secure the chain and prevent the possible chain split. Aside from that some major exchange just release an announcement of not accepting split chain created by UAHF.

Yes, speculators get a lot of money when they get low prices, and now the price of bitcoin is almost $ 3,000. Fantastic hike, and the highest this year is happening today.

I just described the logical steps of how things should go without any drawbacks. But yes, it still doesn't mean the hard fork will actually happen, which is exactly why I mentioned that we will likely face another period of fud and uncertainties, prior to the actual hard fork. Till that time the market will continue to experience a heavy load of volatility. We'll see what happens -- there won't be a stage 3 without completing stage 1 and 2 first. :)

Lets just wait until August 1 then we will know what will happen.

Do read my signature, it have all answers.

http://www.bitcoincash.org

BitcoinCash BCC on August 1st.

No need. Split worries are now officially over. BIP 148 isn't going to be needed.

I used to believe in bitcoin. I hope after August 1 bitcoin price will increase but now I am quite afraid. Bitcoin drops pretty fast. That's why I'm suspicious

Bitcoin's price increased substantially over the period of last 24 hours - we have almost 20% price rise and soon we will have new ATH and BTC won't ever go back below $2000
This is how markets react to a successful scaling outcome, SegWit is now locked in and we are waiting only for its activation which will happen in ~300 blocks.

Theres a 50-50 chance for bitcoin to split on August 1. Others are backing up thier bitcoins. But in my opinion it would be wise if you will turn all of your bitcoin to altcoins? Just buy altcoins. After August 1, rebuy your Bitcoin using your altcoins.

Where did you get 50-50 from?

BCC is going to be an altcoin rather than a split in the original Bitcoin blockchain, right? So what do I need to do in order to claim these coins? Do I need to import the private key of my Bitcoin wallet in to the BCC wallet? Isn't that risky?

there are some news saying that there will be a split in bitcoin in august 1 , but no one knows yet what will really happen. maybe will just have to wait and see.  in my case ill just withdraw my remaining bitcoins in my wallet before august 1.

possibly no split, but no one really know. If someone did something, it could create a small split, but I don't think it will affect much the price.

if anyone is saying "there will be split" they are spreading FUD.
before yesterday, all we could say was there is a small chance of a split happening because the signalling has not yet started but it was small because support for fork was high.
today we can say with a good confidence that there won't be any split anymore because of the high percentage of the support.

any other split that you may hear about such as the one that bitmain is pushing is not a split in bitcoin, it is creating an altcoin. you can think of it as all those altcoins that have so far forked off of bitcoin into a separate chain.

If you are reading news about bitcoin scaling or just looking at the coin.dance, you will know what is happening, segwit2x (BIP91) has been successfully locked in (with 93.1% support) now we will have to wait exactly 328 blocks to activate the BIP 91. thus, UASF (BIP 148) will not activate and the chain split will not happen.

Do you live in the MOON!! or in this planet? yes, Bitcoin spilit will happen in 1st August. take a look Theymos post link, it can help you to stay safe in Bitcoin world. first link: https://bitcointalk.org/index.php?topic=2017191.0 2nd link that is explanation: https://bitcointalk.org/index.php?topic=2012799.0
Now lock this thread for prevent signature spam. you will found lock option down below the post in left site.just click on the lock.

Bitcoin ABC client would create a new blockchain and would mine Bitcoin Cash (BCC) on BCC mining pool, its simply an alt, nothing to do with the main chain. This ABC plan was proposed by ViaBTC, around 4.6% hashrate. At a time where Segwit activation looks certain without causing a split, ViaBTC has to be batshit crazy to go ahead with creating a BCC mining pool with such a low majority to mine BCC.

If they do it then it would be on August 1. According to their UAHF plan they would be launching a BCC mining pool tomorrow, July 22. Let's see if that happens, most probably not and there would be no split on August 1.

https://medium.com/@ViaBTC/statement-on-bitcoin-user-activated-hard-fork-6e7aebb67e67

If this happens, then you would have to convert your bitcoin to this ABC altcoin, is it worth it?

ViaBTC has just put BCC (Bitcoin Cash)-CNY trading pair on their exchange.


https://www.viabtc.com/convert/bcc

Who would be insane enough to trade 1 BTC to 1 BCC and 1 BTC_FROZEN2 tokens? It looks like there might be another altcoin on August 1.

PS: BCC is just an altcoin, nothing to do with bitcoin or a split.

Because you can sell your BCC then pick it up at a lower price, then convert back to BTC with the profit you just got. Bitfinex had the same system when they allowed you to trade BTU tokens.

Have all answers, read my signature.
https://bitcointalk.org/?topic=2007635

i suppose it will not splitting needed also
Bip91 has locked the block, and fully supporting segwit
so hardfork will activating.

 

Yes, bitcoin Will split https://bitcointalk.org/?topic=2007635

It's a stupid position which was aimed at maintaining the panic. Now maybe the whales have realized that panic is not producing results and therefore started buying coins. The price has returned to maximum limits and soon we will see the record.

Nothing is going to happen. Considering the hype that surrounded it for years, I must say its a disappointing end to what has been an exciting ride.

I dont believe a single word. Lots of nonesense is spoke here so its hard to know what to take seriously. I think this is some plan for a free with alternative motives. Most likely lucrative. Its always about the money isn't it. No fork will happen.

Most of the miners are supporting either BIP 91 or Segwit2x and i really done know the difference between the two but analaysts are saying that with the way that things are going, there is not going to be any split in the bitcoins network. So we can buy because i have a feeling that there is going to be a surge very soon.

A fork is 100% happening on August 1. http://www.bitcoincash.org

This plan has been done, and has been running from 17 july, my correction if there is a mistake

It is hard to answer because you should have believed that it would or not. Just trust bitcoin. Because bitcoin will never destroy and neither it would let you down. But something I know is, it very important and unavoidable. What we can do is, just send your bitcoins to desktop wallet because it is protected and kindly don't transaction after 31st July and then wait till everything got stable. Because you may lose your bitcoin by any means.

Yes, a split is coming on August 1!

BIP 91 already settled in so it is unlikely the main bitcoin will split on August 1, that's why the price increased. However, some people take advantage of this and ready to create some altcoin-like coins from it, in august 1.

Maybe you are right. I agree with you. But in my opinion it will never be. But the thing is no one really know what will be happen on august 1, we need to stand firm and take all the risk. Whether bitcoin will be at high price or in some other reasons it will decrease its price. No one really knows what will happen.

well the price of the bitcoin is yet not fixed we cannot figure it out that what’s gona happen in the next coming 9 days we cannot make a sure prediction about it but bitcoin has become the main target it could be possible to predict or to speculate with the famous bitcoin so the price will become a bit more large and reliable for us.

Well let's hope for the best, whether a split or not we are hoping for the strength of Bitcoin as a future currency so that we will continue to enjoy our financial freedom from the hands of political leaders.

Actually that's a piece of garbage not a for not a split and not a coin.
It's the last attempt to manipulate by the usual actors in this mess.
And it will be one huge flop

/remind me 2 years

There is a chance Bitcoin will experience a chain-split on August 1st. A segment of all Bitcoin users is committed to activating a user activated soft fork (UASF) as described in Bitcoin Improvement Proposal 148 (BIP 148). They will reject all Bitcoin blocks not supporting the SegWit. If a majority of miners (by hash power) does not signal support for SegWit through BIP148 on August 1st, but at least some do, Bitcoin’s blockchain will split in two. They will be the 148 BTC coins supporting the new soft fork and Legacy BTC which is the not upgraded version.

I hope its not possible.All the news we witnessed about hard fork in last few weeks were just FUD news deliberately spread by big whales to buy cheaper bitcoins promoting panic selling.All the dust has started to settle now and thats why we could see the bitcoin's price increasing once again.Every one has started to realize that bitcoin is not going to split and have started to rebuy bitcoins as much as possible.

We won't know not unless it will be August 1 already. We will just have to wait until then and keep ourselves updated from time to time and make it a habit to educate about bitcoin and what is happening so we will not rely on other people's speculation because it can cause tremendous panic.

All so long ago clear!
The opinion of the miners, no one asked. To be able to earn -- they have to vote.

So the miners will support the separation of bitcoin.
Exchange, some of the same support two branches.

Voting does not make sense. People conservative. He can't immediately throw out the old and get a new!

The hardfork news was not FUD. It was a possibility and it could have been real if BIP91 was not locked in by the miners. Even now few people still not sure if we will get softfork or hard fork but now i believe it will be BIP91 so no chance of a split.

I think that the division bitcoin will not, it's just a panic to reduce the price. There is very little time left, you just have to wait for positive news. And of course you need to buy coins at a cheap price, if you did not have time.

Yeah, BIP91 has been locked in. So there is really a bigger chance that there would be a fork. But hard or soft, it is yet to be seen after August 1.
If there would be a split in the network then there would be a hard fork. And that is what we should avoid. After there would be a hard fork, there would be a similar problem like ETC and ETH.

Many people who mention 1 August will experience obstacles in the existing bitcoin, in a significant reduction in finance / funds.
But in my opinion it's just humor, possibly not necessarily down, but it can go up in certain respects. Can be tried just to wait for August 1st a few days ahead, for this now stable at 35 million with stable numbers, will it be the same as yesterday down to 20 million?

Let's wait and see what will happen on august 1st.
Whether there's split or not, hard fork or soft fork. We couldn't know for sure, yet.

I guess there can be a new coin and is that the one they called as Bitcoin Cash? Now, I realized that having a new coin come out from Bitcoin does not mean that there would be a split. Oh well, this whole thing is becoming so muddled as we are nearing the August 1 deadline.

As for me, I would just watch and relax as the battle is still ongoing. No question that BIP/91 has already won the scaling war but there are still some miners who have something else in mind...maybe this can be the group that preferred to have a new coin minted.

After August 1, the whole Bitcoin community will look forward to the next battle taking place in November and we would have a slim three months period to finalize things up.

Let's just bope that it will really be for the better,im hoping that it will not result any commotion since I have read that the August 1 split is postponed and if ever continued hope its for the best for all of us.

It will, ViaBTC is going to fork from bitcoin:

https://medium.com/@ViaBTC/statement-on-bitcoin-user-activated-hard-fork-6e7aebb67e67

The success of their fork is yet to be seen, but from what happen with Ethereum don't expect it to disappear anytime soon, it may even become quite popular.

Probably will not be split because bitcoin is very good at 1st August and the following month.

Well, according to the news in this forum bitcoin will be split and it will called bitcoin cash. In addition to that, many miners were already agreeing to that splitting of bitcoin and I think it will affect the price of bitcoin to change. Lastly, I believe in bitcoin and I think it will be good enough in the future as digital currency.

i will wait the decision and updates regarding the split and i think no split but i respect what will happen about the decision this august 1 as we can as of now the bitcoin still in a normal value and i think after august 1 the bitcoin value pump.

have a look


https://www.theinquirer.net/inquirer/news/3014598/bitcoin-will-likely-split-into-two-after-1-august

it is not possible in 1 august bitcoin will split, bitcoin still have one boss but i do not know who has bitcoin ,, but what i heard hear bitcoin owner is satoshi.