AntPool - switch to Bitcoin Unlimited

[mayax]

AntPool, the biggest BTC miner switch their Entire Pool to Bitcoin Unlimited

https://www.bloomberg.com/news/articles/2017-03-13/bitcoin-miners-signal-revolt-in-push-to-fix-sluggish-blockchain

well, what's next? 

[shannen87]

According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.

[Juggy777]

Not good at all. This is not the news to read on a dreadful Monday. Brace yourself the price of btc shall take a setback. And now the community is going to be torn completely apart, whom do you support Bitcoin or bu. This is just not good, and if the currency spilts into two what good will it be for us. I guess the party is all but over, though he holds 15% of the total mining in block, what I would like to see is the rest 75% are they taking a stand or no. Or the price will crash faster than we will be able to know. Let's hope the currency doesn't spilt and the rest 75% stick with Bitcoins only.

[pedrog]

According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.

Wasn't that about the ETF?

Segregated Witness also failing to gain support with litecoin miners, development community should come with an alternative, nobody gives a fuck about Segregated Witness and now we will see the network forking, great times to be alive.

[traderethereum]

According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.

if this is true, then we should be prepare from now on so if the price is below than $800, we are ready and we can buy at cheap price than now. but i wonder, when the hard fork is happens and how long the price will stay in below of $800? i hope that price is not take too long so we can see the price is back normal soon.

[BigBoom3599]

Why is everyone so sad about this??? Finally someone taking action instead of just waiting... BU might not be your preferred scaling method but at least we get one, no scaling method would be the worst right now IMO. I'll be interesting how other pools will react to this and if they'll follow or not  

[robelneo]

According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.

I hope this time his prediction about bitcoin price falls in his 10% average,bitcoin holders and traders are enjoying a very good atmosphere,even in this recent rejection,but we'll see in the coming days,all I know is when it falls a zoom in price is coming soon.

[~Bitcoin~]

Why is everyone so sad about this??? Finally someone taking action instead of just waiting... BU might not be your preferred scaling method but at least we get one, no scaling method would be the worst right now IMO. I'll be interesting how other pools will react to this and if they'll follow or not  

Actually we have fear about getting two parallel bitcoin blockchain just like ETH and ETC after DAO.
Split of network is not a good thing for any crypto, other alts may gain popularity if bitcoin network get split into two. 

[AliceWonderMiscreations]

According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.

Wasn't that about the ETF?

Segregated Witness also failing to gain support on litecoin, development community should come with an alternative, nobody gives a fuck about Segregated Witness and now we will see the network forking, great times to be alive.

There is an alternative - FlexTrans

[Vaccinus]

so how it work now that the big pool is switching he is making the same coin or other coin that are basically an altcoin? can he sell those coin? can he exchange them for the same value as the known coins?

[LittleBitFunny]

People are arguing that the adoption of Bitcoin Unlimited will split the Bitcoin community.  But those who have a strong opinion about the scaling method used are not only in favour of SegWit.  SegWit's adoption would also split Bitcoin to some extent, and if either is adopted it shows that a majority of miners were at least willing to compromise for the adoption or they were in support of it.

I think that some of the move to BU has been triggered by the need for 95% of mining power to support SegWit.  This is an unrealistic goal and I think the consistently moderate performance of SegWit for months and the fear that a solution will never be found is partially what has led to the increased adoption of BU with a lower required rate of 75%.

[Variogam]

well, what's next? 

Probably nothing going to happen for some time. But if Core stance wont change, then more miners might join BU later this year. If Core wont hear the whole community by accepting a compromise with BU, then we going to see chain split for sure, probably this year. While I preffer compromise, the second best option is the split, and the worst option is continue with status quo and crippled Bitcoin.

[cellard]

Now that the price is recovering, Jihan Wu and Roger Ver will ruin the price again. Fucking idiots. All for nothing, since merchants and nodes will never support BU because it doesn't work. This is what happens when non-engineers don't know their place. Jihan Wu is an autistic mong that can only scale a mining business and Roger Ver is braindead when it comes to anything technical. Gavin CIA Andressen is supporting this too when he was saying it was a disaster years ago. Very sad.

The outcome is clear anyway, sell your BUcoins and wait for the price to recover as BUcoin becomes another marginal alt with clueless developers. Just another ETH/ETC event.

[jonald_fyookball]

will never support BU because it doesn't work. 

and you say that because....?

[0xfff]

According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.

Who is Vinny Lingham? Where can I see his predictions?

[AngryDwarf]

will never support BU because it doesn't work. 

and you say that because....?

The program output keeps telling me this:

Code:

while ( 1 ) {
    printf "BU does not work";
}

[jwinterm]

According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.

Wasn't that about the ETF?

Segregated Witness also failing to gain support with litecoin miners, development community should come with an alternative, nobody gives a fuck about Segregated Witness and now we will see the network forking, great times to be alive.

Well, Litecoin activation is almost entirely dependent on f2pool, and it seems there is some speculation that f2pool could be related to Bitmain somehow, so it's not really a surprise it's languishing there.

[pedrog]

According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.

Who is Vinny Lingham? Where can I see his predictions?

He is the Bitcoin Oracle.

Here you go:

https://twitter.com/vinnylingham

https://medium.com/@vinnylingham

[BillyBobZorton]

Bitcoin unlimited developers keep making mistakes:

https://www.reddit.com/r/Bitcoin/comments/5z47f3/it_looks_like_chinabu_developers_forgot_to_add/

Nobody is going to take this seriously which is why all merchants support segwit:

https://bitcoincore.org/en/segwit_adoption/

and majority of nodes support Core:

https://coin.dance/nodes/share

It will be fun doubling my BTC for free.

[error08]

Why is everyone so sad about this??? Finally someone taking action instead of just waiting... BU might not be your preferred scaling method but at least we get one, no scaling method would be the worst right now IMO. I'll be interesting how other pools will react to this and if they'll follow or not  

I think so, instead of stay on this problem longer as we've been waiting for the rift be resolved. What will be happen next if bitcoin unlimited approved and implemented, whether is it will be fail or works, only time will tell.
However, community should backing the decision of consensus which seems a fair vote.