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Author Topic: Segwit support going up = hemorrage stopped  (Read 1477 times)
cellard
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March 26, 2017, 03:58:25 PM
 #21

Smart miners jumping ship:



Segwit support soon to go %40+

Get ready for $1000+ price again.
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March 27, 2017, 01:41:25 AM
 #22

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.

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

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Herbert2020
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March 27, 2017, 05:18:52 AM
 #23

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.

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

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 27, 2017, 06:32:26 AM
 #24

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.

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

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Amph
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March 27, 2017, 06:47:35 AM
 #25

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.  Undecided

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
Carlton Banks
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March 27, 2017, 07:08:17 AM
 #26

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.

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

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.

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.

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.

Vires in numeris
zimmah
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March 27, 2017, 01:11:42 PM
 #27



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.


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.
Cryptopher
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April 02, 2017, 04:42:06 PM
 #28

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 should really take action from my own advice LTC 3.7 -> 8.5  Undecided

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cellard
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April 02, 2017, 04:52:33 PM
 #29

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 should really take action from my own advice LTC 3.7 -> 8.5  Undecided

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.
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