My opinion concerning bitcoin forking

[b1007]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT? 

[1714621882]

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[1714621882]

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[Ilove-Obama]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT? 

I'm against XT. they want to make money on Bitcoin name

[Ilove-Obama]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT? 

I'm against XT. they want to make money on Bitcoin name

How does that work? In theory can't we have like 1 bitcoin with a thousand forks so bitcoin becomes multifunctional but all forks remain a form of bitcoin that has the same price and can be interchanged? 

No, if the exchange updates on XT , You will not be able to sell their Bitcoins from the old network

[croTek4]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT? 

I'm against XT. they want to make money on Bitcoin name

How does that work? In theory can't we have like 1 bitcoin with a thousand forks so bitcoin becomes multifunctional but all forks remain a form of bitcoin that has the same price and can be interchanged? 

No, if the exchange updates on XT , You will not be able to sell their Bitcoins from the old network

sorry but this is just false

[Kazimir]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

This.

Core devs, for fuck's sake, try and find a reasonable consensus and stick with ONE Bitcoin.

[Dissonance]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT? 

I'm against XT. they want to make money on Bitcoin name

How does that work? In theory can't we have like 1 bitcoin with a thousand forks so bitcoin becomes multifunctional but all forks remain a form of bitcoin that has the same price and can be interchanged? 

No XT forks when 75% of the blocks are mined with xt.  When that happens the remaining 25% will quickly drop core and adopt xt so they dont remian on the weaker chain and the dispute will resolve.  This will likely happen within hours.

[Ilove-Obama]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT?  

I'm against XT. they want to make money on Bitcoin name

How does that work? In theory can't we have like 1 bitcoin with a thousand forks so bitcoin becomes multifunctional but all forks remain a form of bitcoin that has the same price and can be interchanged?  

No, if the exchange updates on XT , You will not be able to sell their Bitcoins from the old network

sorry but this is just false

Why do You think?, if the developers sent MiningPool requirement for the update on XT

[tadakaluri]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT?  

I'm against XT. they want to make money on Bitcoin name

How does that work? In theory can't we have like 1 bitcoin with a thousand forks so bitcoin becomes multifunctional but all forks remain a form of bitcoin that has the same price and can be interchanged?  

No, if the exchange updates on XT , You will not be able to sell their Bitcoins from the old network

So how do I convert my old bitcoins to XT and prevent them from becoming worthless?

Yes, that is the main reason for Panic selling in Bitcoin Exchanges. Investors are not even wait to see what happened in January (the fork of XT is on January 11, 2016).

[Dissonance]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

This.

Core devs, for fuck's sake, try and find a reasonable consensus and stick with ONE Bitcoin.

Bitcoin IS not going to split in 2.  Miners have an incentive to agree so if XT hits the 75% threshold and forks the remaining miners will have to go along with it.

[desired_username]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT? 

I'm against XT. they want to make money on Bitcoin name

If you meant Blockstream then you're right.

[desired_username]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT?  

I'm against XT. they want to make money on Bitcoin name

How does that work? In theory can't we have like 1 bitcoin with a thousand forks so bitcoin becomes multifunctional but all forks remain a form of bitcoin that has the same price and can be interchanged?  

No, if the exchange updates on XT , You will not be able to sell their Bitcoins from the old network

So how do I convert my old bitcoins to XT and prevent them from becoming worthless?

Yes, that is the main reason for Panic selling in Bitcoin Exchanges. Investors are not even wait to see what happened in January (the fork of XT is on January 11, 2016).

The fork happens only if super majority of the network votes for XT or any other implementation which introduces the blocksize increase (including Core).

Bitcoin cannot evolve without forks.

[Kazimir]

Bitcoin IS not going to split in 2.  Miners have an incentive to agree so if XT hits the 75% threshold and forks the remaining miners will have to go along with it.

That's not the point. It's causing a lot of confusion, ambiguity, stress, panic, chaos, it's BAD for Bitcoin in general.

And you say it's not going to split. If the majority of miners switches to XT (not gonna happen, but suppose they do) and exchanges don't (or even just one large exchange doesn't), or vice versa, you still so sure there's no split?

Bitcoin by itself is already hard enough to explain to the general public. This XT bullshit is setting back growth and mainstream adoption even further.

And don't get me wrong - the problem are not the changes that XT brings, per se (8MB is absolutely unnecessary for the forseeable future, but it's not disastrous) but rather the fact that it comes as a separate version, with different rules.

[Ilove-Obama]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT?  

I'm against XT. they want to make money on Bitcoin name

How does that work? In theory can't we have like 1 bitcoin with a thousand forks so bitcoin becomes multifunctional but all forks remain a form of bitcoin that has the same price and can be interchanged?  

No, if the exchange updates on XT , You will not be able to sell their Bitcoins from the old network

So how do I convert my old bitcoins to XT and prevent them from becoming worthless?

Yes, that is the main reason for Panic selling in Bitcoin Exchanges. Investors are not even wait to see what happened in January (the fork of XT is on January 11, 2016).

The fork happens only if super majority of the network votes for XT or any other implementation which introduces the blocksize increase (including Core).

Bitcoin cannot evolve without forks.

But this does not update Bitcoin, it's a new fork

[desired_username]

Bitcoin IS not going to split in 2.  Miners have an incentive to agree so if XT hits the 75% threshold and forks the remaining miners will have to go along with it.

That's not the point. It's causing a lot of confusion, ambiguity, stress, panic, chaos, it's BAD for Bitcoin in general.

And you say it's not going to split. If the majority of miners switches to XT (not gonna happen, but suppose they do) and exchanges don't (or even just one large exchange doesn't), or vice versa, you still so sure there's no split?

Bitcoin by itself is already hard enough to explain to the general public. This XT bullshit is setting back growth and mainstream adoption even further.

And don't get me wrong - the problem are not the changes that XT brings, per se (8MB is absolutely unnecessary for the forseeable future, but it's not disastrous) but rather the fact that it comes as a separate version, with different rules.

Having a single group clinging to power, trying to sabotage freedom of choice with lies, censorship and propaganda will have a more severe outcome than the departure of some weak hands.

[Denker]

I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

This.

Core devs, for fuck's sake, try and find a reasonable consensus and stick with ONE Bitcoin.

This +1.
I support this totally. Stick together, stop arguing and find consensus. The actual situation is pure poison for all of us.

[Klestin]

For the love of all that is holy, can we please stop with the fud?  The Bitcoin protocol has changed several times so far, and all your old coins still work.  Alternate versions of the chain occur - they're built into the spec.  The popular chain continues and the unpopular chain withers.  Coins created before the branch are unaffected.

[Ilove-Obama]

Bitcoin IS not going to split in 2.  Miners have an incentive to agree so if XT hits the 75% threshold and forks the remaining miners will have to go along with it.

That's not the point. It's causing a lot of confusion, ambiguity, stress, panic, chaos, it's BAD for Bitcoin in general.

And you say it's not going to split. If the majority of miners switches to XT (not gonna happen, but suppose they do) and exchanges don't (or even just one large exchange doesn't), or vice versa, you still so sure there's no split?

Bitcoin by itself is already hard enough to explain to the general public. This XT bullshit is setting back growth and mainstream adoption even further.

And don't get me wrong - the problem are not the changes that XT brings, per se (8MB is absolutely unnecessary for the forseeable future, but it's not disastrous) but rather the fact that it comes as a separate version, with different rules.

    
Totally agree with you, hands off this Bitcoin

[desired_username]

Bitcoin IS not going to split in 2.  Miners have an incentive to agree so if XT hits the 75% threshold and forks the remaining miners will have to go along with it.

That's not the point. It's causing a lot of confusion, ambiguity, stress, panic, chaos, it's BAD for Bitcoin in general.

And you say it's not going to split. If the majority of miners switches to XT (not gonna happen, but suppose they do) and exchanges don't (or even just one large exchange doesn't), or vice versa, you still so sure there's no split?

Bitcoin by itself is already hard enough to explain to the general public. This XT bullshit is setting back growth and mainstream adoption even further.

And don't get me wrong - the problem are not the changes that XT brings, per se (8MB is absolutely unnecessary for the forseeable future, but it's not disastrous) but rather the fact that it comes as a separate version, with different rules.

    
Totally agree with you, hands off this Bitcoin

Bitcoin is not XT or Core.

Bitcoin is the set of rules what the participants of the network follow and abide.

The set of rules can be implemented by anyone and can be called anything. XT, Core, d, etc.

It's the same network, the same peers and same hashpower united under the same blockchain.

XT only offers a choice. It depends on the ecosystem to accept or not.

Personally, when I got into bitcoin I subscribed to independence, transparency and freedom. Not tyranny, censorship and serving a company (Blockstream).

[Ilove-Obama]

Bitcoin IS not going to split in 2.  Miners have an incentive to agree so if XT hits the 75% threshold and forks the remaining miners will have to go along with it.

That's not the point. It's causing a lot of confusion, ambiguity, stress, panic, chaos, it's BAD for Bitcoin in general.

And you say it's not going to split. If the majority of miners switches to XT (not gonna happen, but suppose they do) and exchanges don't (or even just one large exchange doesn't), or vice versa, you still so sure there's no split?

Bitcoin by itself is already hard enough to explain to the general public. This XT bullshit is setting back growth and mainstream adoption even further.

And don't get me wrong - the problem are not the changes that XT brings, per se (8MB is absolutely unnecessary for the forseeable future, but it's not disastrous) but rather the fact that it comes as a separate version, with different rules.

    
Totally agree with you, hands off this Bitcoin

Bitcoin is not XT or Core.

Bitcoin is the set of rules what the participants of the network follow and abide.

The set of rules can be implemented by anyone and can be called anything. XT, Core, d, etc.

It's the same network, the same peers and same hashpower united under the same blockchain.

XT only offers a choice. It depends on the ecosystem to accept or not.

the last word should be for the community

[desired_username]

the last word should be for the community

Ecosystem basically equals the community. (or at least I interpret it as the same or encompassing it)