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Question: How long until 70K (credit: Heslo)
1 week - 18 (20%)
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1 year - 2 (2.2%)
the top is in - math and science confirms it - 14 (15.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25263037 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13 users deleted.)
fluidjax
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July 24, 2017, 06:30:47 AM

Roger Ver, who owns ViaBTC

Got any evidence to go with that assertion?

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Bitcoin Cash is NOT a HF of Bitcoin.

By any sane definition, Bitcoin Cash is exactly a hard fork of the Bitcoin blockchain.

Here to pump an altcoin bear? ... things must be getting pretty sad in the anti-core camp?

Just clarifying for the sake of truth. Depending upon the sequencing of things, Bitcoin Cash may be no more altcoin than is SegWit coin (which is somewhat playfully starting to be referred to as Bitcoin-Jr)


Stop messing about with the semantics, clearly people are using slightly differing definitions of words here, ignoring that definition and then fighting about what it implies is meaningless.

I can create a hard fork of Bitcoin in a few minutes (tweak some params, change difficultly for that tweak, recompile , mine a block, and we have a hard fork).. it means nothing. The level of support and consensus is what is important.
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July 24, 2017, 06:42:30 AM

Roger Ver, who owns ViaBTC

Got any evidence to go with that assertion?

Quote
Bitcoin Cash is NOT a HF of Bitcoin.

By any sane definition, Bitcoin Cash is exactly a hard fork of the Bitcoin blockchain.

Here to pump an altcoin bear? ... things must be getting pretty sad in the anti-core camp?

Just clarifying for the sake of truth. Depending upon the sequencing of things, Bitcoin Cash may be no more altcoin than is SegWit coin (which is somewhat playfully starting to be referred to as Bitcoin-Jr)


Stop messing about with the semantics, clearly people are using slightly differing definitions of words here, ignoring that definition and then fighting about what it implies is meaningless.

I can create a hard fork of Bitcoin in a few minutes (tweak some params, change difficultly for that tweak, recompile , mine a block, and we have a hard fork).. it means nothing. The level of support and consensus is what is important.

I can certainly agree with the bolded sentence. And we don't know the level of support and consensus until the experiment is run. Fact is, in roughly coterminous timeframes, all Bitcoiners will be forced to choose between: Change A to Bitcoin; or Change B to Bitcoin. No option for Unchanged Bitcoin. So get off your high horse. If one is an alt before the fact, then so is the other.

Cheers!
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July 24, 2017, 06:51:55 AM

Roger Ver, who owns ViaBTC

Got any evidence to go with that assertion?

Quote
Bitcoin Cash is NOT a HF of Bitcoin.

By any sane definition, Bitcoin Cash is exactly a hard fork of the Bitcoin blockchain.

Here to pump an altcoin bear? ... things must be getting pretty sad in the anti-core camp?

Just clarifying for the sake of truth. Depending upon the sequencing of things, Bitcoin Cash may be no more altcoin than is SegWit coin (which is somewhat playfully starting to be referred to as Bitcoin-Jr)


Stop messing about with the semantics, clearly people are using slightly differing definitions of words here, ignoring that definition and then fighting about what it implies is meaningless.

I can create a hard fork of Bitcoin in a few minutes (tweak some params, change difficultly for that tweak, recompile , mine a block, and we have a hard fork).. it means nothing. The level of support and consensus is what is important.

I can certainly agree with the bolded sentence. And we don't know the level of support and consensus until the experiment is run. Fact is, in roughly coterminous timeframes, all Bitcoiners will be forced to choose between: Change A to Bitcoin; or Change B to Bitcoin. No option for Unchanged Bitcoin. So get off your high horse. If one is an alt before the fact, then so is the other.

Cheers!

AFAIK LTC was such a HF ?
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How much alt coin diversification is needed? 0%?


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July 24, 2017, 07:02:35 AM

You've let a single guy from china take control over the network, you've let him dictate the terms of your surrender, even if its just accepting the 2x HF in November.


Who is "you?"  Sounds like nonsense.  There are a lot of people in this space, and maybe you have identified part of the problem with some of the egos that seem to want to be "influential" in this decentralized space
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July 24, 2017, 07:10:05 AM

...

AFAIK LTC was such a HF ?

Not even close. LTC is a separate chain with a different POW algo.
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July 24, 2017, 07:27:59 AM

I think the naming of Coins (is it an Altcoin, Bitcoin, or a Bitcoin derivative) is a tricky thing.
My gut reaction is to say:
1) Anything thing that forks with minority hashing power is an altcoin
2) Anything that forks with a majority of hash power is still bitcoin

But this creates problems because
1) What happens if the altcoin (minority hash power chain) later becomes the majority chain, do we relabel it.
2) This gives miners all the power to name what is Bitcoin, as users, businesses, exchanges (the majority) don't we get a say.

Because there are no pre-defined rules for any of this, only consensus, there is no escape from constantly fighting off hijack attempts by a vocal minority.
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July 24, 2017, 08:16:34 AM

I can certainly agree with the bolded sentence. And we don't know the level of support and consensus until the experiment is run. Fact is, in roughly coterminous timeframes, all Bitcoiners will be forced to choose between: Change A to Bitcoin; or Change B to Bitcoin. No option for Unchanged Bitcoin. So get off your high horse. If one is an alt before the fact, then so is the other.

Cheers!
Is there going to be a BCC fork no matter what conditions?  I heard some people say that it would only be if UASF split off or something?  I am a bit out of the loop.
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July 24, 2017, 08:18:28 AM

i heard segwit is a trojan horse from illuminatis to take over bitcoin
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July 24, 2017, 08:52:53 AM

i heard segwit is a trojan horse from illuminatis to take over bitcoin

That's sure sounds interesting, I think I've seen someone's signature stating this aswell. Where did u learn about this?
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July 24, 2017, 09:07:58 AM

i heard segwit is a trojan horse from illuminatis to take over bitcoin

That's sure sounds interesting, I think I've seen someone's signature stating this aswell. Where did u learn about this?

Alex Jones probably.

Or an alien.

I repeat myself.
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How much alt coin diversification is needed? 0%?


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July 24, 2017, 09:44:27 AM

Roger Ver, who owns ViaBTC

Got any evidence to go with that assertion?

Quote
Bitcoin Cash is NOT a HF of Bitcoin.

By any sane definition, Bitcoin Cash is exactly a hard fork of the Bitcoin blockchain.

Here to pump an altcoin bear? ... things must be getting pretty sad in the anti-core camp?

Just clarifying for the sake of truth. Depending upon the sequencing of things, Bitcoin Cash may be no more altcoin than is SegWit coin (which is somewhat playfully starting to be referred to as Bitcoin-Jr)


Woahza, Jbreher.

You and your big blocker buddies seem really angry, to be devolving into new name calling and spin terms to attempt to perpetuate various made up bullshit.

Deep down inside, you and your buddies realize the fact of the matter is that the incorporation of segwit into the scaling dialogue was really the only way that your buddies were able to perk up the ears of major economic players in the bitcoin space, but yeah, you want to continue to whine about being a victim and being tricked into seg wit when the fact of the matter is that segwit is the better solution, the largely non-controversial solution and the imminent path forward to make bitcoin bigger and better.... so yeah, referring to the upcoming segwit implementation as a kind of junior is to attempt to continue to mislead with foney baloney.

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July 24, 2017, 09:46:09 AM

Altcoin bagholders are losing their patience and hysterically try to create something out of nothing. They know segwit will make 99% of the alts obsolete.
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July 24, 2017, 09:54:49 AM
Last edit: July 24, 2017, 10:15:12 AM by Wexlike

Can't wait till a troll hacker replay attacks the BCC transactions on the real Bitcoin Blockchain. This will be firework. xD

Edit: Is RBF inplemented in BCC ? If yes, then this electrum manual (http://docs.electrum.org/en/latest/hardfork.html) won't work anymore. Just asking because I want to be the first to dump.  Roll Eyes
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July 24, 2017, 10:23:37 AM

When is segwit likely to be activated?
JayJuanGee
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How much alt coin diversification is needed? 0%?


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July 24, 2017, 10:33:15 AM

When is segwit likely to be activated?


Well according to this website


https://coin.dance/blocks

it is approximately   2480  blocks   (464 blocks left in this period plus 2016 blocks in the next period)


and if there are 144 blocks per day, then that is approximately 17.2 days from today.  That means about August 10 - ish ( or 9-ish or 11-ish).  No?
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July 24, 2017, 10:45:54 AM

When is segwit likely to be activated?


Well according to this website


https://coin.dance/blocks

it is approximately   2480  blocks   (464 blocks left in this period plus 2016 blocks in the next period)


and if there are 144 blocks per day, then that is approximately 17.2 days from today.  That means about August 10 - ish ( or 9-ish or 11-ish).  No?

Yeah about 10th august Smiley we will fly
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July 24, 2017, 11:10:09 AM

Ok, that makes sense. I guess we will just bounce around until then unless some needless FUD rears it's ugly head.
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July 24, 2017, 11:15:19 AM

Update : https://www.xbt.eu/ (144 Blocks)





http://bitcoin.sipa.be/versions.html
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July 24, 2017, 11:19:48 AM

No. Fuck. Can't any of you read?

It gets locked in around Aug. 7 (450+2016 blocks from now) and then there is another 2016 block grace period before activation.

Segwit, bip141 goes active on the main chain approx. August 21.
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July 24, 2017, 11:22:06 AM

^^ Plenty of scope for bouncing around for ~month: https://medium.com/@jimmysong/uasf-segwit2x-scenarios-and-timelines-1a540336c4be
2017 July 23 18:00 GMT — BIP91 epoch finishes, BIP91 is activated
2017 July 23 18:00 GMT onward — Every block signals BIP141 (Segwit)
2017 July 27 or thereabouts — New Difficulty Adjustment Period Begins (2016 blocks). Every block will be signaling for Segwit.
2017 August 1 00:00 GMT — BIP148 starts, but does nothing since every block is signaling BIP141 due to BIP91.
2017 August 10 or thereabouts — Difficulty Adjustment Period closes with >95% signaling and BIP141 locks-in.
2017 August 23 or thereabouts — Difficulty Adjustment Period closes and BIP141 (Segwit) is active.

^ yes these timelines will be contracted since he wrote, because we're on 8.9 minute blocks/high hashrate


+ Chinese players - other than Wu Jihan - saying things about BitcoinCash:
https://twitter.com/cnLedger/status/889093703381299200
Star Xu, CEO of OkCoin, on Weibo: BCC is just an altcoin; okex will name BCS (BIP91 coin) as BTC after 8\1.

https://twitter.com/ChandlerGuo/status/889146349710594049
$BCC just shitcoin,$BTC still bitcoin
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