mr.mister
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April 12, 2017, 11:28:31 PM |
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BEWARE: FOUND WHAT'S BELOW ON ANOTHER BLOG.
currently Jihan Wu, or Jihad Wu as I like to call him, through his mines controls 27% percent of the hash power of Litecoin. He is currently voting for segwit, then when it gets close to all time high support, he is changing his signal, to pump and dump the price. He is also at the same time accused of secretly using ASICBOOST to cheat us all in the bitcoin sphere. He will fight to the end against segwit as it blocks his abilty to cheat us, and it renders alot of his hardware useless, which could bankrupt him.
Unless we can get 3% of the miners in pools for Lite coin to switch from pools in the control of Satan, and then hol for two weeks (bear in mind Jihad makes the machines and may have more standing by) the only possible way to get segwit is to use UASF, which is highly risky and never attempted.
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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coinling
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April 12, 2017, 11:47:22 PM |
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what about setting the activation limit down to 70% knowingly that only jihan does not support it ?
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WarrEagle
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April 13, 2017, 11:01:58 AM |
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BEWARE: FOUND WHAT'S BELOW ON ANOTHER BLOG.
currently Jihan Wu, or Jihad Wu as I like to call him, through his mines controls 27% percent of the hash power of Litecoin. He is currently voting for segwit, then when it gets close to all time high support, he is changing his signal, to pump and dump the price. He is also at the same time accused of secretly using ASICBOOST to cheat us all in the bitcoin sphere. He will fight to the end against segwit as it blocks his abilty to cheat us, and it renders alot of his hardware useless, which could bankrupt him.
Unless we can get 3% of the miners in pools for Lite coin to switch from pools in the control of Satan, and then hol for two weeks (bear in mind Jihad makes the machines and may have more standing by) the only possible way to get segwit is to use UASF, which is highly risky and never attempted.
Most of those statements are just patently false. Do you believe everything you read? For example "renders alot of his hardware useless." Is just totally incorrect. He could still mine with that hardware, he would just lose his ASICBOOST 'advantage'. You should be more thoughtful before posting such drivel.
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WarrEagle
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April 13, 2017, 11:03:21 AM |
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what about setting the activation limit down to 70% knowingly that only jihan does not support it ?
That is not going to happen, unless another update to the core code is pushed.
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Red-Apple
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April 13, 2017, 11:50:41 AM |
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what about setting the activation limit down to 70% knowingly that only jihan does not support it ?
these percentages are not just random numbers that you can change to force adoption of a proposal. these numbers are there in order to reach "consensus" i would even argue that 75% is too low and it should be above 90%. a fork without consensus is idiotic, forcing a different route in a cheeky way to enforce fork is again idiotic. anything without consensus of the overwhelming majority will end up in disaster. and disaster is not just having 2 chains.
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--signature space for rent; sent PM--
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emdje
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April 13, 2017, 01:06:24 PM |
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Looks like it is not going to make Segwit
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x1tr
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April 13, 2017, 01:31:17 PM |
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mr.mister
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April 13, 2017, 02:24:49 PM |
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Looks like it is not going to make Segwit Why do you say that??? It's currently at 82%
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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WarrEagle
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April 13, 2017, 02:35:28 PM |
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Looks like it is not going to make Segwit Why do you say that??? It's currently at 82% Because YOU do not understand the activation process. There must be 75% of an activation period of 8064 blocks. We are in period 5. There is no way it will activate in period 5 because there are not enough blocks left to achieve the required 75% activation. Period 6 is where it CAN happen, if things stay the way they are. Do you think that is going to happen?
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mr.mister
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April 13, 2017, 02:40:44 PM |
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Looks like it is not going to make Segwit Why do you say that??? It's currently at 82% Because YOU do not understand the activation process. There must be 75% of an activation period of 8064 blocks. We are in period 5. There is no way it will activate in period 5 because there are not enough blocks left to achieve the required 75% activation. Period 6 is where it CAN happen, if things stay the way they are. Do you think that is going to happen? Depends, I heard somewhere that Jihan Wu is purposefully signaling SegWit and will pull the signal at the last minute, in order to create a pump and dump. I am not sure if it will happen or not. I would like for it to happen.
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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kelsey
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Activity: 1876
Merit: 1000
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April 13, 2017, 02:46:55 PM |
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Looks like it is not going to make Segwit Why do you say that??? It's currently at 82% Because YOU do not understand the activation process. There must be 75% of an activation period of 8064 blocks. We are in period 5. There is no way it will activate in period 5 because there are not enough blocks left to achieve the required 75% activation. Period 6 is where it CAN happen, if things stay the way they are. Do you think that is going to happen? Depends, I heard somewhere that Jihan Wu is purposefully signaling SegWit and will pull the signal at the last minute, in order to create a pump and dump. I am not sure if it will happen or not. I would like for it to happen. perhaps u mean Wang Chun? whos stated openly he shorts before making twitter posts. i was thinkin it would be funny to pump ltc on one of his post
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mr.mister
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April 13, 2017, 02:54:51 PM |
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perhaps u mean Wang Chun?
No, I meant exactly what I said, Jihan Wu is the CULPRIT.
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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WarrEagle
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April 13, 2017, 03:26:59 PM |
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Right and explain why anyone should take you seriously, Mr. 3 posts Newbie.
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Ayers
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Leading Crypto Sports Betting & Casino Platform
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April 13, 2017, 04:27:49 PM |
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Looks like it is not going to make Segwit Why do you say that??? It's currently at 82% Because YOU do not understand the activation process. There must be 75% of an activation period of 8064 blocks. We are in period 5. There is no way it will activate in period 5 because there are not enough blocks left to achieve the required 75% activation. Period 6 is where it CAN happen, if things stay the way they are. Do you think that is going to happen? what do you mean with period 5 and 6? from what i have understood, segwit need to remain activate for 8064 block and we are at 7383 block, check this http://litecoinblockhalf.com/segwit.php, less than 700 blocks are left before activation
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WarrEagle
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April 13, 2017, 04:35:08 PM |
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That is misleading the masses. Take a step back and go look here.... http://segwit.co/ltc# click on activation periods. Activation periods are individual 2 week periods of 8064 blocks. There is no possible way for segwit to activate during period 5. period 6 begins when period 5 stops. Segwit activates 2 weeks after when 75% of a 8064 block period is achieved.
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dbc23
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April 14, 2017, 04:01:04 AM |
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Looks like it is not going to make Segwit Why do you say that??? It's currently at 82% Because YOU do not understand the activation process. There must be 75% of an activation period of 8064 blocks. We are in period 5. There is no way it will activate in period 5 because there are not enough blocks left to achieve the required 75% activation. Period 6 is where it CAN happen, if things stay the way they are. Do you think that is going to happen? what do you mean with period 5 and 6? from what i have understood, segwit need to remain activate for 8064 block and we are at 7383 block, check this http://litecoinblockhalf.com/segwit.php, less than 700 blocks are left before activation It needs to hit or exceed the 75% for the entirety of an activation window. This window it was averaging in the high 60 percent for most of it so it won't hit the 75% overall needed. Next window/retarget starts tomorrow, so it needs to stay at this 80+% for about two weeks starting then.
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crypticj
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April 14, 2017, 07:08:02 AM |
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Not Until the Fat Lady Sings!!!!
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mr.mister
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April 14, 2017, 07:57:19 AM |
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Will that break up?
It's certainly looking very bullish so I'd say yes. A lot of eyes are currently on LTC and there's a palpable sense of upward inertia. Historically, when Litecoin rises a lot it tends to do so with a very relaxed attitude which can sometimes throw people off guard. [/quote What service is that graph from?
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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pedrog
Legendary
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April 14, 2017, 08:17:02 AM |
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https://i.imgur.com/SijApVd.pngWill that break up?
It's certainly looking very bullish so I'd say yes. A lot of eyes are currently on LTC and there's a palpable sense of upward inertia. Historically, when Litecoin rises a lot it tends to do so with a very relaxed attitude which can sometimes throw people off guard. What service is that graph from? It's https://bitcoinwisdom.com
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