Bitcoin Forum

Did anyone see this? It looks like the celebration might be short lived.

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000689.html

https://i.imgur.com/HYYnnbR.jpg

Via has stopped signaling for 2x earlier today, more pools to follow soon, surely. 24h average is at 78%.
They've lost their lead developer (for BTC1), what software are they going to run?

They might just taking advantage of this mess and causing FUD you think? I'm a little nervous and anxious about this.

It is a giant fud, they are not going to develop and implement anything because it is not possible, and this fork is never going to happen because it has dissapeared.
They said that they are not going to do it, maybe they are going to do it in a few months from now, but i dont see it possible because people didnt wanted to see that fork happening.
but lets see what happens, it was probably going to be a good fork. but it good cancelled.

No wonder the price is all over the place.

Have never seen such an erratic jump and then drop to the bowels before in all of crypto history before.

It was to all time high then back down to $7000 where it was less than 24 hours prior.

Who has stomach for this if you have more than $100,000 in crypto?

I like and support SegWit2x. But without enough support from the community, i hope it will not happen. Spliting the community is no good. It may destroy BTC.

I think it may very well be a FUD in motion right now. They have lost everything here including their reputation so the 'best' thing they can do is to really create a mess around it. I think it can't be done right now as Lutpin has pointed out, what software they are going to used? And big time miners stop signalling it already.

"Backing down the difficulty right now is a strategy". I honestly think that they will still going to execute the fork. They are just pacifying the community to gain trust and to produce FUD to all bitcoiners. They will follow what they are already planned. This is really confusing and worrying.

Independent Day of Bitcoin 2M+Segwit

Today is  hard  time for b2x investors .no any warning. All the NYA signers betrayed all the B2X investors . B2x investors lost 90% fortune in mins.

Now new B2X team build up. ASIC MINER is not trust-able .in order to protect the 2M+SW dream, to protect the b2x investors.

We will:
1, change mining algo to gpu mining
2, 2M+SW
3, add two way replay attack protection
4, no pre-mine
5,fork height: 494784.

www.bitcoin2m.org
Twitter: @bitcoin2m
Github: https://github.com/bitcoin2m/bitcoin2x

Very specific, got anything in mind? How about equihash.

Speaking about replay protection, did BTG finally manage to find out how to code it?

Oh my, a premine. Where have I heard that one already?

And here I thought BTG was dead already, looks like you're just doing the same shit once again.  ::)

you are the shit.
B2X investors lost 90% . are you blind?cannot see this?
today, b2x is zero value. the b2x miner will be happy to donate any qty coins to team.

Possible risk when dealing with futures and CST's. Might even end up being 100%, not just 90%
One could assume you didn't read the terms and conditions or know what you were doing.

I thought it was investors, now it's suddenly miners.
Why would someone who lost their shit on BT2/B2X futures be happy about a shitty gpu mining fork?
They don't even stand to benefit from it.

so many investors don't know the difference. now they lost all.
open you shit eyes.

As for the previous hard fork, if you can see within 24 - 48 hours, the value of bitcoin cash (bcc) and bitcoin gold (btg) has lost 80-90% of its original value when all the holders selling all the tokens they receive are free.

Haven't their backers pulled out en masse? If this were the case, then they can fork all they want and nobody would care. They're barely a threat anymore. It's just another shitcoin fork.

Still, it's pretty awesome. This just means hostile takeovers won't work.

Caveat emptor.

This is just crazy. One day they say its gonna stop, then in another they say it's gonna push through. Its as if its a battle. It will benefit the miners but it may not be beneficial to all. Whatever is the decision, we're gonna be dealing with the outcome. We'll just wait for it to push through then.

Welcome to Bitcoin. Back in the day it would drop 30-40% in a 24 hour period. Leverage is not your friend.

wow this bs about in continuing is everywhere   >:(

kudos for taking advantage of the situation and swooping in with lightning speed ;D.
but a word of advice, you will make a lot more money if you make an altcoin like this from scratch instead of forking bitcoin like this. you can still fork the code and not use the 150 GB blockchain. that makes everything easier and testing and syncing and everything is much easier. you also don't have to worry about replay protection and not worrying about the dumps that will come.
your premiend coins will be worth nothing by the time you get around to dumping them. you can look at what happened to bitcoin gold and it is not even released yet.

Anyone could try to continue this attack. But it will be necessary to take from where the others have left. And the thing is, it is a mess. It will need a lot of work and money to try to make it happens. I do not believe anyone could do it now. If you want big block you will have to choose BCash.

Are you certain this is legit? I havent seen additional sourcing on this yet (no one mentioned it at work) but this is kind of what I expected. I didnt think they would take a stab at it that quickly (and I wonder about the veracity of this quote), but I do feel we have simply kicked the can down the road, so to speak. as long as there is a sizeable party that thinks we should 2x, this is always still on the table, in the form of a BIP. Like the repeal of Obamacare, you basically have infinite time to try, if you have the patience. It will happen, eventually, if it will.

since there is profit motive, there will be infinite patience :D

bitcoin is not a centralized altcoin like ethereum that some one or a small group of people (the developers for example) flip a switch and fork happens or they flip another switch and fork cancels!

so far we have this: https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html
which is clear enough. the important part is that it is signed by the following people:
Mike Belshe, Wences Casares, Jihan Wu, Jeff Garzik, Peter Smith and Erik Voorhees

this contains the lead developers and the mining giant bitmain. it means there is a good possibility that fork won't happen since it lost yet another big chunk of its support. but there is still nothing stopping others to fork as bitcoin cash did with a tiny amount of hashrate and no support from community.

It's quite unclear as many have backed out will this be still worthy? and what would be the ROI of investing in segwit2x if it's support base is low?

Someone better be writing a movie script. This circus needs to be recorded somehow. Generations from now our children need to know what happened on this day. All I know is that Bitcoin will survive this. Decentralization is a new concept for all of us, we are learning as we go. Noone know what works, time will tell.

Which of the information do we take, some says the fork has been cancel while some says it has not been cancelled. The confusion will not affect bitcoin because is here to rule.

But this says that it's cancelled?
https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

meh, before with the support of Jihan Wu this fork could have had a large hashrate but now it should technically drop down to less than 10% and i don't really think anyone is going to go through with the fork with that much hashrate.

although we will never know until the time comes but working with the information we have and the signals, it seems like it is not going to happen for now.

Literally everyone can just fork, it's not like they need permission from anyone, and cancel a fork because "not enough people want it".

Was this fork really ever on the cards or was it simply a marketing ploy designed to pump the price?

I have an eternally relevant 16th century proverb for the poor folks

Don't count your chickens before they hatch

Now that's an interesting conspiracy theory  :P

sewgit failed. HF still happening, why? is the whale's trick. or something else. anyway i want to bitcoin down. I can buy more ::) ::) ::) ::) ::)

I think it was already stopped and news about it going through is from those who invested on it and just wants to at least get back part of their investments. This kind of scenario is  a good thing at least not that much of people will invest on a fork right away more people are now aware that Forks has more risk than ICO.

So guys we need clear situation what is going on.
I really want that for to see  what sollution is better an i bilive that better option will winn in longer time.
2x or not 2x. 2x will put preasure at LN improvement ext.
That is why I am pro fork solution.

How so?

Let's take a look, currently the following pools have stopped signaling for 2x:
ViaBTC (11%), 58Coin (7.5%), F2P (8.75%), Kano (1%), Slush (7%), combining for 35.25% of the global hashrate.
With Bitmain (or rather Jihan) being cosigner of the initial email, we can expect another ~18% to be added soon (Antpool),
bringing to total to 53.25%, meaning 2x has less than 50% mining support/signaling at that point.

I'm sorry, i don't understand.
I've just read that segwit2x was cancelled!

Have they changed their mind yet?

I can know for sure that the fork will happen soon?

Have you guys seen this?

https://bitcoin2x.org/en/

https://news.bitcoin.com/a-new-website-claims-the-segwit2x-hard-fork-isnt-going-away/

to be honest, I do not think that this will happen
Even if the unknown player has a 30 percent capacity

nobody wants to split a big ecosystem

I think that this might be a trick to force exchanges into handing out 2x stake coins, in a motion to give out a financial incentive for the release of a 2x coin. Under current standards, and after watching the releae of bitcoin gold be pushed further away than the developer's own set deadline... Perhaps they think it'd be accepted.

Bitcoin gold announced it'd be released later with a premine too, perhaps the people still in support of 2x are looking tot est market interest before a full scale release.

2x continues, bitcoin prices will be more volatile, but feeling the ultimate profit is likely to be altcoin.
 ;)

 ;D My gosh it reminds me those AI playing "game theory" games.. and we are just merely reptilians brain type sensor observing trying to understand what is going on that plank time scale ...   

Bitcoin gold is happening in 8 hours: https://bitcoingold.org/#countdown

It looks like the miners backed down... Thank you Lauwd, we certainly do not need another chain split. I am glad they came to their senses. Now all I am hoping for is that everybody moves on with chain they want. There has been way too much fighting in the community.

Surely for the pump of prices because in past fork attract people to buy more and more and this time will also be same as past people will get benefit from this fork and will invest in this coin ad prices at the end of November will surely cross the value of 8k and there are a lot of people who are waiting for the fork and as by seeing the popularity of bitcoin I think fork will occur for only 2 to 3hours and prices will go up.

I already commented this in the altcoin shitcoin SHT section:


I see a new trend of alts, and felt yet again that the dev of Shitcoin (SHT) had a great point making his coin, as i see a new trend of altcoins is coming.

I cannot deny Bitcoin NEEDs to have a fork which SCALES properly, but this needs to be done by competent people, not someone turning BTC into a crapcoin.

This endless high of transaction fees and difficulty getting funds to confirm needs to be dealt with. Many friends i was convincing of BTC now are no longer interested after this, and said if they must use digital cash, they would prefer Litecoin. Even I cannot deny it and am switching to Litecoin, and using BTC for long term storage. Even I cannot simply deny that its now unusable for £10 a week worth of article writing I do per client, with a £10 fee on top. Its ridiculous, and ludicrous and the last hardfork that was done really screwed up, there was a chance, a chance to get this right, and not only did it fail, it failed so badly that I am astonished. Price may be high, but thats not the only marker of a good currency, id rather it be stable and deflate than jumping all over the place.

But making endless BT(X) forks is useless and merely someone trying to cash in. A premine? Seriously?

But you will get people trying to invest and 'trade' these coins, just to make a profit, fueling the fire.

I say make a coin called Bitcoin Shit (BTS) to knock out all these forks before they happen, we need ONE serious hard fork, that will fix these slow transaction, and do it well, not just listening to a forum community and traders, but actual users of the coin, changing the consensus rules is a PITA in itself, we really had a chance this year to solve this problem :( I am mining with GPUs on nicehash, and im wondering how much of my £60 mining profit is going to vanish for the miner fee as well. It just not sustainable, long term, and as more people use it, it just won't work in its current state. There isn't enough 'lanes' in this road, simply isn't enough. When I get paid out, i might just mine equihash directly and simply trade it for some Litecoin, as I need a digital currency thats usable for my business model. Stability is more important than me, or a gradual deflating, not this wild ride.


This is the unbiased part of me speaking, i can no longer defend this, after the SegWit fork I really had confidence this would be sorted, and im astounded as to the incompetence and greed I have seen over this whole thing, and these forks like BTG, that people ACTUALLY MINE in great numbers. Meanwhile, people who USE it for a currency, are sat for days waiting to get paid, or pay a high fee, i have paid £100 in miner fees worth, this month which has finalised my switch to Litecoin and NEM until this is dealt with.

BTC
LTC
NEM
ETH
ZCash
Monero
UNO
PPCoin (POS)

theres a few more, but these are the main ones that actually bought something new to the table that is usable, although a few of these may have scaling issues in the future. NEM is having a fork to upgrade TX capacity to 4000/sec, now we are talking. I don't even want to switch to BCH as i sense something is very up with it, i just feel its going to be a very manipulated market, more so than others.

The S2X fork coming up today is a scam.

Be aware

why did you bump this old topic to say this?

these 3 (yes 3) have nothing to do with each other :D
first one is the real SegWit2x  which had Jeff Garzik and the huge miner support which was canceled because it had no community support.

the second one which OP quoted is a cry of some sore loser who bought the S2X futures IOU tokens and lost a lot of money because it got dumped right after the cancellation. they lied about wanting to continue the project to be able to cash out with less loss.

this current one is a shitcoin which decided to steal the name of the project while having nothing in common with the original project and then add 6 million premine to it!

Segwit2X will today, according to new team. They provide really interesting range of advantages.

Such as?