Coindesk: If hardfork with BTU, major exchanges will list it as an Alt Coin

[FiendCoin]

As per Coindesk: In the event of a hardfork with BTU, major exchanges will list BTU as BTU or XBT.

Source: http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/

Let me repeat this, BTU will be an ALT COIN NOT BITCOIN!

Expect prices to drop.

[Ted E. Bare]

The support for Bitcoin Unlimited is not significant at this time:
https://coin.dance/blocks

[cellard]

As per Coindesk: In the event of a hardfork with BTU, major exchanges will list BTU as BTU or XBT.

Source: http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/

Let me repeat this, BTU will be an ALT COIN NOT BITCOIN!

Expect prices to drop.

Brainwashed BUcoin idiots will believe their BUcoin isn't an altcoin no matter how many times you explain them the objective facts. It will not be until Roger and Jihan crush bitcoin until they realize this was a disaster promoted by CIA-agent Gavin Andressen.

[willope]

This is not a solution at all. Regardless if it works or not.
There are plenty of altcoins already and to create another one doesn't help bitcoin.
So I think the devs are only looking to catch part of BTC's billion dollar market cap. Its easier than creating a good altcoin like ethereum and gaining support with hard work.

[tk3609]

I still don't believe that split will happen, just some FUD to shake weak hands and we go up again. There will be no segwit nor BU

[Vaccinus]

this is good as i was thinking, they will not accept it as a main chain but as an altcoin, but this mean also that the diff of bitcoin unlimited would be lower than current chain and we can mine it with our asic with more profit right? and what will be the value of it, not like bitcoin i suppose, if this go like ETH and ETC one would have the higher price while the other much lower and it make sense to me

[FiendCoin]

BTU

GAME OVER!

Its time for these numbnuts to quietly go away, no one wants their buggy alt coin. I doubt you hear much from the BTU paid shill sock-pockets over this, what can they say? Hopefully this news will cause the price to increase since speculators should have less to worry about.

[alexeft]

The problem with BU is that sooner or later, its blockchain will become very large and subject to spam. Regular people will not be able to host it and it will become centralized, just like mining did. Therefore BU will be an altcoin anyway.

[reddibrek]

The support for Bitcoin Unlimited is not significant at this time:
https://coin.dance/blocks

30+% is very significant. The adoption curve is even more significant.

[york780]

So BTC fork is confirmed?

[Arcteryx]

It looks like it has been implemented already.
Have you seen the price? It's at $1129.98 right now.

[gentlemand]

So BTC fork is confirmed?

Far from it. But what happens next in the event it does certainly is confirmed by that lot at least.

I don't think it does much to address the problems a fork would create though. Vast amounts of confusion would reign as both sides threw everything possible into convincing people that their chain is the most legit.

BTU would start off with a fair few people absolutely messianic in their belief that that was Bitcoin, not the other one.

And am I imagining it or was the statement changed? I'm sure I read originally that eventually the winning chain would become Bitcoin.

[york780]

But look like what a HF did with ETH price stagnating around 10 EUR for over 1,5 year. If that happens to BTC ( 1,5 stagnating around 500 EUR) that would be really terrible. BTU would be worth around 50 EUR i think. Just like the ETH/ETC. This is going to be a real mess if we dont activate Segwit fast!

[gentlemand]

But look like what a HF did with ETH price stagnating around 10 EUR for over 1,5 year. If that happens to BTC ( 1,5 stagnating around 500 EUR) that would be really terrible. BTU would be worth around 50 EUR i think. Just like the ETH/ETC. This is going to be a real mess if we dont activate Segwit fast!

I think it would be far, far, worse than an ETH split. For starters ETH is not the foundation of cryptoland so if it had blown up completely there's still plenty of other options. Also their technical setup makes forking a comparative breeze for both chains compared to BTC.

It came out of it rather well eventually, both bunches got what they want and ETH fans seems happy to do what Vitalik recommends, but I don't believe it would be the same for BTC. ETH has been strongly led by a small group from minute one who are still there.

[Miz4r]

I still don't believe that split will happen, just some FUD to shake weak hands and we go up again. There will be no segwit nor BU

I agree there will be no BTU, unless they decide to be smart and launch their own altcoin BTU without trying to hijack the existing BTC hashpower. It's going to end very badly for BU if they try to force a contentious hard fork through. But segwit will activate one way or another, I'm quite sure on that. BU can only block its activation for so long.

[Iranus]

I still don't believe that split will happen, just some FUD to shake weak hands and we go up again. There will be no segwit nor BU

I don't think you really understand what SegWit or BU actually are.  BU will result in a split because that's what it's supposed to do - the new version of the network is incompatible with older versions so those running old nodes will still use the old Bitcoin while others will run the BU coin.

With SegWit there would not be a split (although there might well be a move from some people to altcoins if they strongly disagree with it), as SegWit is compatible with earlier versions.

[Clement Kaliyar]

I still don't believe that split will happen, just some FUD to shake weak hands and we go up again. There will be no segwit nor BU

The possibility of a split is still looming as there are people supporting different things in the debate of scaling and now some twenty plus exchanges support the core and says that BU will be considered as a alt coin if there is a fork which will undermine their proposal as they would loose millions in that event,the scaling issues is the real cause for the price drop.

[reddibrek]

The way things are it is a really bad case of lose-lose.

Even if there is no split if BU nodes stay at 30+% or even get greater, that will leave massive uncertainty hanging over the network, due to potential problems like the crash-bug exploited a couple of days ago.

[alexeft]

The way things are it is a really bad case of lose-lose.

Even if there is no split if BU nodes stay at 30+% or even get greater, that will leave massive uncertainty hanging over the network, due to potential problems like the crash-bug exploited a couple of days ago.

Can someone explain what happens with BU blocks that are mined now? Are they inserted into the BTC blockchain as normal?

[seradj0]

do you see what roger is doing
CIA-AGENT