next bitcoin fork in Nov?

[hv_]

Best time to buy before the fork because no one knows if blockchain is going to split again or not, from the looks of it  people might greed-split bitcoin again to repeat the same experiences with BCC.

If a hard fork occurs, there is guaranteed to be a split. It's impossible for any other outcome to occur.

Splits will always be there and will increase should better have a good strategy to win it

Its more about proper upgrades not splits. We need to be free from tech / deployment fud. This has and already had lot of bad impact to bitcoin. Market share might be not below 50%, because bitcoin can do!

There is no reason why bitcoin is not the AmazonGoogleEbayApple of the cryptoworld.

If we want proper upgrades and not splits, we should be focusing on soft-fork upgrades, then. And by that, I mean miner-activated soft forks. Because without a mining majority, a UASF is virtually indistinguishable from a hard fork; it is incompatible with the legacy chain.

Unfortunately, we can't be free from fork FUD. The fact of the matter is that major stakeholders have become very entrenched in this industry. Companies like Bitpay and Coinbase and Bloq, miners like Bitmain... they have interests, and they are not necessarily in line with Bitcoin users. They will do whatever they can to further their business interests.

No, with SF you can only restrict the protocol. Thats just giving room to other alts. Simple es that.
http://vitalik.ca/general/2017/03/14/forks_and_markets.html
Or you just force the rest of or decentral community into a central collusion.

The protocol needs to as thin as possible. Nash equilibrium DOES help all the rest. If you do not get this, you need to look it up or try to play and endless Monopoly game with some friends. Here you learn, that you don't need any code base at all. The ruleset is just irrelevant when you try keep up playing for ever.

[MAbtc]

No, with SF you can only restrict the protocol. Thats just giving room to other alts. Simple es that.
http://vitalik.ca/general/2017/03/14/forks_and_markets.html

That's a bit of an oversimplification. Soft forks add new rules, yes, but those new rules can offer all sorts of previously unavailable transaction types and templates, provided that they are still within the original consensus rules.

It is in this way that Segwit can not only create a new transaction type which addresses transaction malleability, but can also increase the block size without breaking consensus.

[hv_]

No, with SF you can only restrict the protocol. Thats just giving room to other alts. Simple es that.
http://vitalik.ca/general/2017/03/14/forks_and_markets.html

That's a bit of an oversimplification. Soft forks add new rules, yes, but those new rules can offer all sorts of previously unavailable transaction types and templates, provided that they are still within the original consensus rules.

It is in this way that Segwit can not only create a new transaction type which addresses transaction malleability, but can also increase the block size without breaking consensus.

IMO its never good to restrict base protocols - adding 1000s of lines - technobubble them up. Client impls should do this.

Open source protocols needs to be as simple as possible. Or you stifle things (client imlps, knowledge, adoption,..)  to dead. That's exactly what we witness right now and too much alts come and share bitcoin's realm. I'm still a bitcoin maximalist and do not believe only big blockers 7 big bitcoiners do see this.

Sadly this witnessing has been already segregated away due to form politics / big blocker have left and you need to look it up elsewhere. Here (or reddit/bitcoin) you cannot much discuss this in peace and I'm just waiting to see what will happen to good old bitcoin. Still hope for a compromise 'most' can agree on and the first step of this (HongKong,..NYA ) was already done.

[twicezeroiszero]

Hi all,

I read somewhere that there will be another bitcoin fork in nov, is this true??

Where can I read more info on this? I googled but didn't find any news regarding this?

If it happens then it seems there will be another dip and I would buy then!!

Thankss

Don't let yourself be manipulated by rumors. The fact is that this is going to happen on and off through your entire experience with Bitcoin in cryptocurrency. There's always going to be somebody out there that's trying to push information with her it's false or nir false, and they're also going to take very small pieces of information that may or may not be true and blow them up much larger than they are.

The purpose of this is to create fear and to get people trading their Bitcoins. For the other people it's a great thing, but don't let yourself be manipulated by these things. It's dead be on the other side and take advantage of these things.

Actually the rumors about next Fork in Bitcoin system also make us have reason buy Bitcoin.
Because if that fork can be successful, do you think the price of Bitcoin in that time low or high?
For me, depends your opinion about that fork, you can earn big profit or miss an opportunity get rich.

[BitHodler]

Actually the rumors about next Fork in Bitcoin system also make us have reason buy Bitcoin.
Because if that fork can be successful, do you think the price of Bitcoin in that time low or high?
For me, depends your opinion about that fork, you can earn big profit or miss an opportunity get rich.

Point is that this hard fork isn't needed with SegWit being activated. It's something the miners managed to force through as part of an agreement.

At this point it isn't even sure whether or not we'll really end up seeing a hard fork get initiated. Important factor is that miners (except Jihan & gang) will likely pull back their support for this hard fork, which is the only right thing.

In the runup to November I expect the fud to reach a boiling point, where the network will get spammed again, paid shills to start derailing every constructive fork thread, and the list goes on ~ nothing new after all.

[illyiller]

IMO its never good to restrict base protocols - adding 1000s of lines - technobubble them up. Client impls should do this.

Open source protocols needs to be as simple as possible. Or you stifle things (client imlps, knowledge, adoption,..)  to dead. That's exactly what we witness right now and too much alts come and share bitcoin's realm. I'm still a bitcoin maximalist and do not believe only big blockers 7 big bitcoiners do see this.

Sadly this witnessing has been already segregated away due to form politics / big blocker have left and you need to look it up elsewhere. Here (or reddit/bitcoin) you cannot much discuss this in peace and I'm just waiting to see what will happen to good old bitcoin. Still hope for a compromise 'most' can agree on and the first step of this (HongKong,..NYA ) was already done.

Actually, I think that Satoshi designed Bitcoin with soft forks and backward compatibility in mind. Back in 2010, he explained why the design included these potential complexities: to make Bitcoin's base protocol compatible with all sorts of use cases, rather than merely the original standard payment transactions.

Emphasis mine:

The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime.  Because of that, I wanted to design it to support every possible transaction type I could think of.  The problem was, each thing required special support code and data fields whether it was used or not, and only covered one special case at a time.  It would have been an explosion of special cases.  The solution was script, which generalizes the problem so transacting parties can describe their transaction as a predicate that the node network evaluates.  The nodes only need to understand the transaction to the extent of evaluating whether the sender's conditions are met.

The script is actually a predicate.  It's just an equation that evaluates to true or false.  Predicate is a long and unfamiliar word so I called it script.

The receiver of a payment does a template match on the script.  Currently, receivers only accept two templates: direct payment and bitcoin address.  Future versions can add templates for more transaction types and nodes running that version or higher will be able to receive them.  All versions of nodes in the network can verify and process any new transactions into blocks, even though they may not know how to read them.

The design supports a tremendous variety of possible transaction types that I designed years ago. Escrow transactions, bonded contracts, third party arbitration, multi-party signature, etc.  If Bitcoin catches on in a big way, these are things we'll want to explore in the future, but they all had to be designed at the beginning to make sure they would be possible later.

There is something to be said for avoiding technical debt. I get that. But that doesn't justify attempting to convince (or coerce) every single Bitcoin user into migrating to a hard forked network. That's what a hard fork entails.

[Question123]

Actually we dont know happen in next fork in november . Many people say bitcoin will increase and many people also bitcoin will decrease or dump. But I jope the price of bitcoin will become stable or the price will increase. I hope its look like the august1 thats not affect bitcoin price but it helps to bitcoin to increase. What ever happen to bitcoin I always support to this coin and if the price decrease I will buymore.

[MAbtc]

Actually the rumors about next Fork in Bitcoin system also make us have reason buy Bitcoin.
Because if that fork can be successful, do you think the price of Bitcoin in that time low or high?
For me, depends your opinion about that fork, you can earn big profit or miss an opportunity get rich.

Point is that this hard fork isn't needed with SegWit being activated. It's something the miners managed to force through as part of an agreement.

At this point it isn't even sure whether or not we'll really end up seeing a hard fork get initiated. Important factor is that miners (except Jihan & gang) will likely pull back their support for this hard fork, which is the only right thing.

In the runup to November I expect the fud to reach a boiling point, where the network will get spammed again, paid shills to start derailing every constructive fork thread, and the list goes on ~ nothing new after all.

I expect the same. Now that we are in a calm period without any pressing deadlines, the mempool spam has largely subsided and the fervor over BIP148 and BIP91 has declined to quiet grumblings about "No2x." And the Bitcoin Discussion subforum is mostly populated by low quality mega-threads again, instead of fork-related threads on every other line.

I suspect that this period will also coincide with a price consolidation that pushes into another leg of rallying. The market uncertainty around the November fork should start setting in by late October.... and I think that will be a major top for BTC.

[drachman]

In Nov the hard fork is approaching and if occurs then the bitcoin will go down. It will negatively effect the ecosystem radically if it splits

I'm sure you can prove why, or you post fud.

I think there is a difference between FUD and legitimate concerns about the future of bitcoin if such a split happens, I will like that the fork was called out by the miners but if they decide to go through there is no doubt that is going to affect bitcoin since most of the hash power is going to move to another chain.

[hv_]

In Nov the hard fork is approaching and if occurs then the bitcoin will go down. It will negatively effect the ecosystem radically if it splits

I'm sure you can prove why, or you post fud.

I think there is a difference between FUD and legitimate concerns about the future of bitcoin if such a split happens, I will like that the fork was called out by the miners but if they decide to go through there is no doubt that is going to affect bitcoin since most of the hash power is going to move to another chain.

It's not only miners - it looks more like major long term stake holders - they do proper risk management - despite many 'users' with mostly nothing substantial at stake  - esp no mining = voting. They can sell their btc in a minute and re-use their Rasp Pi node for sth else in a day.

I'm very sure that NYA groups do nothing that really harms btc price for long - that does not exclude any short term fluctuations.

[Portfolir Dev]

Actually the rumors about next Fork in Bitcoin system also make us have reason buy Bitcoin.
Because if that fork can be successful, do you think the price of Bitcoin in that time low or high?
For me, depends your opinion about that fork, you can earn big profit or miss an opportunity get rich.

Point is that this hard fork isn't needed with SegWit being activated. It's something the miners managed to force through as part of an agreement.

At this point it isn't even sure whether or not we'll really end up seeing a hard fork get initiated. Important factor is that miners (except Jihan & gang) will likely pull back their support for this hard fork, which is the only right thing.

In the runup to November I expect the fud to reach a boiling point, where the network will get spammed again, paid shills to start derailing every constructive fork thread, and the list goes on ~ nothing new after all.

as always its games, games are where the miners and major players make money

[Falgorn]

According to incoming information, in November there will actually be another hard fork and another division of bitcoin. Therefore, it would be prudent to transfer the available coins by that time to bitcoin, so that in a digital purse with bitcoin, a new free coin formed during the fork.

[soloasi]

so, this means, more free coins? 

[Roman Abraham]

Hi all,

I read somewhere that there will be another bitcoin fork in nov, is this true??

Where can I read more info on this? I googled but didn't find any news regarding this?

If it happens then it seems there will be another dip and I would buy then!!

Thankss

There was a rumor saying that in November it would be hard-fork again, and according to what I read, at that time "bitcoin gold" would be released, after the previous hardfork "bitcoin" cash was released. But, bitcoin gold looks like it could be even smaller that bitcoin cash, at least in that not as many miners seem to support it. I am curious about this, so let's wait for what will happen in November.

[mastuying]

There will be, a new segwit is coming and screwing it again,
instead of being decentralized and not manipulated by anyone there are coming hard forks to fill the greed of people wanting more money.

[Yatsan]

Hi all,

I read somewhere that there will be another bitcoin fork in nov, is this true??

Where can I read more info on this? I googled but didn't find any news regarding this?

If it happens then it seems there will be another dip and I would buy then!!

Thankss

There is no actual news about that and if there will be a fork theymos will announce it to inform everyone here is forum because fork is very important events in bitcoin because it will bring us earning and as well as the bitcoin blockchain technology will upgrade.

[kenkoy]

Hi all,

I read somewhere that there will be another bitcoin fork in nov, is this true??

Where can I read more info on this? I googled but didn't find any news regarding this?

If it happens then it seems there will be another dip and I would buy then!!

Thankss

I read an article on google where in there's a 100% chance that an splinter will happen come November. Core developers and Miners are pushing for this upgrade. We know for a fact that there was recent segwit happened few weeks creating Bitcoin Cash. But this time, when fork that will happen on November, BItcoin value will be seriously affected. They are pushing for an segwith due to a fact that Bitcoin network is already congested.

Here is the link:
https://www.bloomberg.com/news/articles/2017-09-20/-bitcoin-jesus-ver-sees-the-digital-currency-splitting-again

[Lm2e4]

I also heard of that fork someone said that somewhere here in the forum. But I didn't think it is true because as far as I can remember that news came only from member on this forum and not by theymos or other higher rank member. There is no guarantee that it will happned. It is just some form of rumour.

[care2yak]

Not just in November. One is slated to happen this October, this time calling it bitcoin gold. Just read it at bitcoin.com's news clip https://news.bitcoin.com/another-bitcoin-fork-bitcoin-gold-project-plans-to-fork-bitcoin-next-month/

And the bct thread is here https://bitcointalk.org/index.php?topic=2046790.0