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Author Topic: When will BTC vs. BU be decided?  (Read 2275 times)
amacar2
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April 02, 2017, 05:23:17 PM
 #41

Within this week it will scale back to $800, mark my words.
Your prediction turns out to be completely wrong  Grin

Bitcoin price will always have uptrend and the one who just get panic during some correction on price will get busted.  Wink

 
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cellard
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April 02, 2017, 06:08:44 PM
 #42

It has been decided already. BTC works in every single department. The only way BU can cause the disaster-hardfork is if Bitmain invests even more millions on hashrate to cause teh 51% split, then we will see the hardfork but people will quickly dump BTU for BTC because a coin with inferior software centralized in china is just nonsense.
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April 19, 2017, 04:05:35 PM
 #43

It has been decided already. BTC works in every single department. The only way BU can cause the disaster-hardfork is if Bitmain invests even more millions on hashrate to cause teh 51% split, then we will see the hardfork but people will quickly dump BTU for BTC because a coin with inferior software centralized in china is just nonsense.

I do not think the hard fork will happen below 75%. The hard fork will be decisive. They will be no prolonged battle.
richardsNY
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April 19, 2017, 04:24:40 PM
 #44

It has been decided already. BTC works in every single department. The only way BU can cause the disaster-hardfork is if Bitmain invests even more millions on hashrate to cause teh 51% split, then we will see the hardfork but people will quickly dump BTU for BTC because a coin with inferior software centralized in china is just nonsense.

I do not think the hard fork will happen below 75%. The hard fork will be decisive. They will be no prolonged battle.

It could, but that's just not a smart thing to do for pools in financial meaning. In order to mine blocks more or less risk free, you need a larger part (preferably much higher than 50%) of the hash rate to support the exact same block setting as the one that you mine. Without this support, you are throwing away precious block rewards (which can be seen as capital destruction). Basically, everything that they do could harm their operations, which is also why this is taking so damn long to settle.
Denker
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April 19, 2017, 04:28:56 PM
 #45

It has been decided already. BTC works in every single department. The only way BU can cause the disaster-hardfork is if Bitmain invests even more millions on hashrate to cause teh 51% split, then we will see the hardfork but people will quickly dump BTU for BTC because a coin with inferior software centralized in china is just nonsense.

I agree. Bu is mostly done. Nobody wants to run that buggy stuff with closed source code in it, which also has roles like a president, secretary and such bs.The number of BU nodes continues decreasing by the way.
There won't be a hardfork imo as long as Jihan Wu and his buddies do not try to perform a 51% attack.

Rahar02
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April 19, 2017, 07:38:36 PM
 #46

no one know it's based on consensus, there are the chance that it will never be decided and remain in this state forever, if both part can't make their mind

or maybe it can happen in few week, it's not somethign that you can predict, even antpool who was the first supporting BU is not pointing all the miners there

for now if you are concerned about your investment just hold your coins, bitcoin won't lose its value much mor, i see the market is pretty stable now
That's what I'm thinking, there's no end for this consensus which both sides existence which split the community.
As this matter has lasted for one and a half year, no signs it will end soon. Miners still happy with higher fees, so they divide their vote such as what happen right now. Why, it so hard to upgrade block size limit, at least we need 2Mb so the miners could process more transactions.
subodhmore123aqs
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April 19, 2017, 07:50:36 PM
 #47

If BU gets implement, how will it impact price of BTC.. up or down

york780
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April 19, 2017, 08:17:45 PM
 #48

If BU gets implement, how will it impact price of BTC.. up or down
down bigtime. Every time that BU notes are rising the BTC price goes down quickly. There is an negative correlation between the number of BU blocks mined and the price of BTC. It looks like the market is scared of a possible fork and so chainsplitting as a result of BU. Fact is that we both need bigger blocks and SegWit. We need 2mbSegWit blocks. There is not an other alternative. Only SegWit will make more scaling in the future a lot harder. We also need a forced SegWit and 2mb blocks because we will never reach 95% supporting SegWit.
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April 20, 2017, 02:49:46 AM
 #49

BU has got out and BTC has been gaining support continuously from the day the BU got the bug crash. Hopefully BU simply made a big challenge to the bitcoin. Now if something has happened supporting BU it might have gone under a controling authority who makes decision on price movements.

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April 20, 2017, 07:50:34 AM
 #50

It has been decided already. BTC works in every single department. The only way BU can cause the disaster-hardfork is if Bitmain invests even more millions on hashrate to cause teh 51% split, then we will see the hardfork but people will quickly dump BTU for BTC because a coin with inferior software centralized in china is just nonsense.

I agree. Bu is mostly done. Nobody wants to run that buggy stuff with closed source code in it, which also has roles like a president, secretary and such bs.The number of BU nodes continues decreasing by the way.
There won't be a hardfork imo as long as Jihan Wu and his buddies do not try to perform a 51% attack.



Yeah. They are dead already. The support is decreasing everyday. I think SegWit currently at 31% support. Bitcoin price is steady rising at ~1% everday. Slowly but surely. But if hardfork happens, it will pull the price of bitcoin bigtime and we don't want that to happened. So we are all happy the BU didn't get support and dying already. FUD spread has also gone in our community. So I think they already given up. Maybe their strategy now is blocking the implementation of SegWit.

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April 26, 2017, 05:30:33 PM
 #51

It has been decided already. BTC works in every single department. The only way BU can cause the disaster-hardfork is if Bitmain invests even more millions on hashrate to cause teh 51% split, then we will see the hardfork but people will quickly dump BTU for BTC because a coin with inferior software centralized in china is just nonsense.

I agree. Bu is mostly done. Nobody wants to run that buggy stuff with closed source code in it, which also has roles like a president, secretary and such bs.The number of BU nodes continues decreasing by the way.
There won't be a hardfork imo as long as Jihan Wu and his buddies do not try to perform a 51% attack.



Yeah. They are dead already. The support is decreasing everyday. I think SegWit currently at 31% support. Bitcoin price is steady rising at ~1% everday. Slowly but surely. But if hardfork happens, it will pull the price of bitcoin bigtime and we don't want that to happened. So we are all happy the BU didn't get support and dying already. FUD spread has also gone in our community. So I think they already given up. Maybe their strategy now is blocking the implementation of SegWit.

with the segwit below 35% and BU above 40%, there will not be a fork soon. The market is happy.
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