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Author Topic: bitcoin unlimited?  (Read 2009 times)
Mbah Tyo (OP)
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March 16, 2017, 10:50:45 PM
 #1

if true unlimited later bitcoin was received, whether the benefits of influential for us / impact we will feel


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Tuyul Gupies
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March 17, 2017, 12:16:08 PM
 #2


the real impact will be felt by the user is the speed in the transaction, but there will probably be a little extra fee [to wear the sign] if there is a new sign of blocks will be entered into bitcoin transactions unlimited but if there is no sign it will go into ordinary miners.

there may want to add again I think this is still not complete
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March 17, 2017, 12:52:45 PM
 #3

today all nodes bitcoin unlimited is crash
maybe accident nodes crash from bitcoin unlimited affect bitcoin price down

bitcoin unlimited can develop block size unlimited so affect can incraese speed transaction, but before run, nodes bitcoin unlimited is crash

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calkob
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March 17, 2017, 12:54:03 PM
 #4

if true unlimited later bitcoin was received, whether the benefits of influential for us / impact we will feel

Not really very sure what you are trying to say here, as your English makes no sense.  i am guessing that you are trying to ask if the impact of BU will be good for Bitcoin.  i would have to say thats a no.  The gridlock on scaling is def putting people of, but then only the strong hodlers will survive.  basically the way it has been for the last 6 years.
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March 18, 2017, 03:32:42 AM
 #5

The impact of Bitcoin unlimited will be not good for Bitcoin. Because, the gridlock on scalling is putting of peoples. Here the only strong BTC holders will stay and survive. A lot time BTC expert or traders will ignore the bad impact.
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March 18, 2017, 04:14:03 AM
 #6

The Impact? Imagine you pumping unlimited blocks in the chain cycle which already being handled with numerous mining technology and that to getting slow day by day. This will create few nodes (people with full blockchain) leading to few "spots" in the network who will do the overcapacity transactions and people like me (with very less i am just node). They will benefit more and we might loose our holding and may not sustain in the chain. The difficulty will increase and it may lead to substantial crash in the "full nodes". Handling bitcoin is not that easy at seems to be in front of computer screen. :-) 

 
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ImHash
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March 18, 2017, 05:27:30 AM
 #7

Yes price of BU and BTC both drops first by 50% and then the strong chain will eventually recover back on track. seems like market is reacting with strong stance opposing BU.
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March 18, 2017, 05:31:28 AM
 #8

Yes price of BU and BTC both drops first by 50% and then the strong chain will eventually recover back on track. seems like market is reacting with strong stance opposing BU.
It's a crazy thing to think bu can cause such havok for bitcoin. They reside on two separate paths so they should involve with each other's business like this.

Big dom the donkey destroyer.
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March 18, 2017, 07:19:55 AM
 #9

Yes price of BU and BTC both drops first by 50% and then the strong chain will eventually recover back on track. seems like market is reacting with strong stance opposing BU.

It is unlikely that both will drop by exactly 50%. What matters is how much of BTC is dumped on exchanges and how much of BTU is dumped on exchanges. I expect both supporters to get into an all out war.  Smiley

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March 18, 2017, 07:53:41 AM
 #10

Yes price of BU and BTC both drops first by 50% and then the strong chain will eventually recover back on track. seems like market is reacting with strong stance opposing BU.
The things are not clear on how things will go with both teams are taking sides and there are many flaws in the bitcoin unlimited as there are major flaws in their code and they have not even reviewed the code through a good testing process and so is the reason we are seeing these many flaws and by the way it looks like they are not professional enough to handle billions in evaluation. Wink and these are the main reason for the price slide.
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March 19, 2017, 11:59:30 PM
 #11

The impact of Bitcoin unlimited will be not good for Bitcoin. Because, the gridlock on scalling is putting of peoples. Here the only strong BTC holders will stay and survive. A lot time BTC expert or traders will ignore the bad impact.

Yes and that's why we need to maintain Bitcoin's originality and not dope it with any impurities. I'm neither for nor against hard fork but it just makes Bitcoin loses its originality in my opinion.
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March 23, 2017, 12:23:08 PM
 #12

if true unlimited later bitcoin was received, whether the benefits of influential for us / impact we will feel

Not really very sure what you are trying to say here, as your English makes no sense.  i am guessing that you are trying to ask if the impact of BU will be good for Bitcoin.  i would have to say thats a no.  The gridlock on scaling is def putting people of, but then only the strong hodlers will survive.  basically the way it has been for the last 6 years.

I agree.  I really don't  understand what he's trying to say. What do you mean unlimited bitcoin? Anyways, for me,  the real impact of what i felt using bitcoin is the very quick transaction and also it has low charges.  The existence  of bitcoin has many benefits.
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March 23, 2017, 12:31:26 PM
 #13

if true unlimited later bitcoin was received, whether the benefits of influential for us / impact we will feel

Bitcoin unlimited was not yet launched and thus we cannot feel the impact of the coins existence as of this moment. Though bitfinex is already selling   BCU or bitcoin unlimited but according to some users here in this forum the Hardfork was not yet working at this moment. Thus I submit to believe that if BU code had started to work then we can already feel the strong impact today.
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March 24, 2017, 12:34:40 AM
 #14

Proponents say it would fix the current problems we are having now with transactions. People seem to have different ways of trying to fix it. Being on the non-techie side, I can only cross my fingers that this don't ruin bitcoin completely.


if true unlimited later bitcoin was received, whether the benefits of influential for us / impact we will feel

Bitcoin unlimited was not yet launched and thus we cannot feel the impact of the coins existence as of this moment. Though bitfinex is already selling   BCU or bitcoin unlimited but according to some users here in this forum the Hardfork was not yet working at this moment. Thus I submit to believe that if BU code had started to work then we can already feel the strong impact today.

What, they're about to fork today? How would this affect us who only have coins in local exchanges? From what I've read in the forum, users would get similar amounts of BTC and BTU in their wallets. (I suppose that would be for everyone with a software wallet).
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March 24, 2017, 12:40:05 AM
 #15

Proponents say it would fix the current problems we are having now with transactions. People seem to have different ways of trying to fix it. Being on the non-techie side, I can only cross my fingers that this don't ruin bitcoin completely.


if true unlimited later bitcoin was received, whether the benefits of influential for us / impact we will feel

Bitcoin unlimited was not yet launched and thus we cannot feel the impact of the coins existence as of this moment. Though bitfinex is already selling   BCU or bitcoin unlimited but according to some users here in this forum the Hardfork was not yet working at this moment. Thus I submit to believe that if BU code had started to work then we can already feel the strong impact today.

What, they're about to fork today? How would this affect us who only have coins in local exchanges? From what I've read in the forum, users would get similar amounts of BTC and BTU in their wallets. (I suppose that would be for everyone with a software wallet).

My advise would be to remove your coins from those exchanges until the threat of hard forking has passed.

Why risk your bitcoin on an exchange when the warning has been announced of a split like this happening.
That would be just a stupid thing to take a chance of that happening.
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March 24, 2017, 02:26:06 AM
 #16

if true unlimited later bitcoin was received, whether the benefits of influential for us / impact we will feel
Here you go.
https://www.bitcoinunlimited.info/

I think the blocksize limit of the bitcoin will increase in the future. It makes the block will be more fast to validate the transaction and it makes a confirmation will be less than 15 10 - 15 minutes.
The current limit block is 1 MB.

But the split chain will be the disadvantages for use the bitcoin unlimited, you can see ETH and ETC.

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March 24, 2017, 02:37:11 AM
 #17


But the split chain will be the disadvantages for use the bitcoin unlimited, you can see ETH and ETC.

A split can be prevented if consensus can be reached, which is, at this point, still seems cloudy. Let's see in a few more weeks what will happen as more people commit to their choices.

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March 24, 2017, 02:37:43 AM
 #18

Split kinda like the movie.
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March 24, 2017, 08:58:57 AM
 #19

Proponents say it would fix the current problems we are having now with transactions. People seem to have different ways of trying to fix it. Being on the non-techie side, I can only cross my fingers that this don't ruin bitcoin completely.


if true unlimited later bitcoin was received, whether the benefits of influential for us / impact we will feel

Bitcoin unlimited was not yet launched and thus we cannot feel the impact of the coins existence as of this moment. Though bitfinex is already selling   BCU or bitcoin unlimited but according to some users here in this forum the Hardfork was not yet working at this moment. Thus I submit to believe that if BU code had started to work then we can already feel the strong impact today.

What, they're about to fork today? How would this affect us who only have coins in local exchanges? From what I've read in the forum, users would get similar amounts of BTC and BTU in their wallets. (I suppose that would be for everyone with a software wallet).

My advise would be to remove your coins from those exchanges until the threat of hard forking has passed.

Why risk your bitcoin on an exchange when the warning has been announced of a split like this happening.
That would be just a stupid thing to take a chance of that happening.

Unlimited bitcoin is not good idea, people might grab it and abuse it. And we must maintain its original outlook to people and to its users. I think the current form of bitcoin is the best and i hope shall continue.
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March 24, 2017, 01:40:20 PM
 #20

Split kinda like the movie.
Yes  Smiley
Except this is one is a little more serious and a bit more suspenseful. Embarrassed
https://i.imgur.com/z75AW8Q.jpg

https://youtu.be/84TouqfIsiI
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