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Author Topic: [BREAKING NEWS]: SegWit by Sept - Buy BTC Now!!!  (Read 2984 times)
Minecache (OP)
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May 22, 2017, 12:04:13 PM
Last edit: July 05, 2017, 09:10:21 PM by Minecache
 #1

This is breaking news hot from the NY consensus conference.

This is last chance to buy cheap BTC.

https://cointelegraph.com/news/bitcoin-miners-agree-in-ny-on-segwit-activation-before-september-sources

Updates to follow...

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May 22, 2017, 12:10:51 PM
 #2


This is breaking news hot from the NY consensus conference.

This is last chance to buy cheap BTC.

https://cointelegraph.com/news/bitcoin-miners-agree-in-ny-on-segwit-activation-before-september-sources

Updates to follow...

This is another breaking news in bitcoin. Aside from Australia will be accepting or adopting the use of bitcoins in their country by next month another big news will strike on September. This signals the buyer to purchase and hold more bitcoin in their wallet. The predictions on the increasing bitcoin value reaching 5k$ this year will probably realized due to this good news.
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May 22, 2017, 12:13:39 PM
 #3

You are late in headlines.. -CK already read the whole headlines with details. What i understand from it is that all the group that have agreed upon the 2 MB size are just businessman and none of them are actually or have ever worked on bitcoin core..how will they implement..will it be successful..

In-case you missed the news: https://bitcointalk.org/index.php?topic=1928093.0


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May 22, 2017, 12:16:08 PM
 #4

it's a trap.


they want 2Mb before SegWit LOCK date.
Enforced period for Segwit is From August 2017 to November 2017.
https://github.com/bitcoin/bips/blob/master/bip-0148.mediawiki


2Mb change occur on September 2017 (Segwit ENFORCED period can be desactivate because of the client switch).
really good trap.
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May 22, 2017, 12:48:25 PM
 #5

it's a trap.


they want 2Mb before SegWit LOCK date.
Enforced period for Segwit is From August 2017 to November 2017.
https://github.com/bitcoin/bips/blob/master/bip-0148.mediawiki


2Mb change occur on September 2017 (Segwit ENFORCED period can be desactivate because of the client switch).
really good trap.

Wow, that is a pretty crazy scenario. So Segwit will be activated but not locked in? What is the point of this? I dont get why they cant just be honest and do things properly.

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May 22, 2017, 12:55:04 PM
 #6

it's a trap.


they want 2Mb before SegWit LOCK date.
Enforced period for Segwit is From August 2017 to November 2017.
https://github.com/bitcoin/bips/blob/master/bip-0148.mediawiki


2Mb change occur on September 2017 (Segwit ENFORCED period can be desactivate because of the client switch).
really good trap.
You guys will never be happy. FFS

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May 22, 2017, 12:56:46 PM
 #7


This is breaking news hot from the NY consensus conference.

This is last chance to buy cheap BTC.

https://cointelegraph.com/news/bitcoin-miners-agree-in-ny-on-segwit-activation-before-september-sources

Updates to follow...

Hurray, Segwit is already is activated the two days before on litcoin. This is a additional information and it will take bitcoin in flight for sure. Bitcoin value is just over the 2000$ now but by september bitcoin may touch the 3000$ or 4000$ in chart for sure.
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May 22, 2017, 01:01:40 PM
 #8

it's a trap.


they want 2Mb before SegWit LOCK date.
Enforced period for Segwit is From August 2017 to November 2017.
https://github.com/bitcoin/bips/blob/master/bip-0148.mediawiki


2Mb change occur on September 2017 (Segwit ENFORCED period can be desactivate because of the client switch).
really good trap.
You guys will never be happy. FFS

How can you be happy with such cheap tricks?

They are paying an alternative group of coders, they basically want people to ignore the Core team which is responsible for 100% of the code that has kept bitcoin safe for 7+ years, and instead get on board some idiots that have been parroting about how they have this Rootstock technology that will be awesome and have released nothing. They come across as the same scammy guys on Maidsafe.

Anything that isn't lead by the Core devs is trash and you should be skeptical about it, and there are reasonable facts to be skeptical about this too.

We need to solve this problem. I don't like UASF, but this is worse.
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May 22, 2017, 01:15:50 PM
 #9

Why not wait for an actual announcement first?

They surely must know effectively firing every developer will develop a backlash.

They need to drop their hard on for hard forks.
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May 22, 2017, 01:18:14 PM
 #10

Aside from Australia will be accepting or adopting the use of bitcoins in their country by next month

lol thats a big stretch, as an aussie i can tell you australia is a bitcoin desert, lot less then in the past (almost zero) business accepting it, and only complete rip off exchanges with huge cuts anyone dumb enough to go fiat-btc-fiat.
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May 22, 2017, 01:28:56 PM
 #11

Did not see this coming... considering we were getting the least support for SEgwit activation but looks like things went in favour of segwit over BU to save the great bitcoin of which btcs survival really depended on this implementation.
Good to finally have miners agree on something! Hope this soft fork doesn't disappoint either ,from now on next stop the moon.
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May 22, 2017, 01:41:07 PM
 #12

It ain't no soft fork. There's the issue.
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May 22, 2017, 02:06:41 PM
 #13

it's a trap.


they want 2Mb before SegWit LOCK date.
Enforced period for Segwit is From August 2017 to November 2017.
https://github.com/bitcoin/bips/blob/master/bip-0148.mediawiki


2Mb change occur on September 2017 (Segwit ENFORCED period can be desactivate because of the client switch).
really good trap.

Wow, that is a pretty crazy scenario. So Segwit will be activated but not locked in? What is the point of this? I dont get why they cant just be honest and do things properly.

The folks who want 2Mb don't trust the SegWit people not to stop a block size increase after SegWit is locked in.

Sounds understandable given the emotionalism on this issue. It would be very disruptive to activate SegWit and then deactivate it before LOCK. Seems unlikely the miners would do this. It seems far more likely that the SegWit folks would increase their opposition to a block size increase to 2 Mb once they already have what they want. I have seen people on this forum arguing for exactly this.

This is not complex it is a simple barter 2mb blocks in exchange for SegWit.

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May 22, 2017, 02:09:17 PM
 #14

Did not see this coming... considering we were getting the least support for SEgwit activation but looks like things went in favour of segwit over BU to save the great bitcoin of which btcs survival really depended on this implementation.
Good to finally have miners agree on something! Hope this soft fork doesn't disappoint either ,from now on next stop the moon.

BU is more risky than SegWit, Even though SegWit offers temporary solution, It is still better than BU because it will just made the bitcoin centralized and only huge company can control bitcoin. I'm still waiting what will be the affect of SegWit on the scaling problem.

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May 22, 2017, 02:24:39 PM
 #15

Did not see this coming... considering we were getting the least support for SEgwit activation but looks like things went in favour of segwit over BU to save the great bitcoin of which btcs survival really depended on this implementation.
Good to finally have miners agree on something! Hope this soft fork doesn't disappoint either ,from now on next stop the moon.

BU is more risky than SegWit, Even though SegWit offers temporary solution, It is still better than BU because it will just made the bitcoin centralized and only huge company can control bitcoin. I'm still waiting what will be the affect of SegWit on the scaling problem.
Are you serious? SegWit with forced activation is really bad and it same as bitcoin unlimited. The main benefits of segwit to fixing the malleability problem and in addition to gives more benefit for the off-chain development.
Looks the consensus will be useless at this time.
It can be determined as a critical part.

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May 22, 2017, 02:42:12 PM
 #16

I had earlier thought this discussion had been put to rest not until now again. But the issue is that everybody agrees that there is need for something to be done concerning the issue of bitcoin transaction fees and and delay time and if this will solve it then so be it but carefulness needs to be exercise in other not to create another problem from trying to solve one here. I am not a techy savvy to understand the technicalities all I want is my low fees and transaction time should be returned to the good old days.
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May 22, 2017, 02:55:35 PM
 #17

A bunch of businessmen are not going to "force" SegWit to be signalled by the miners. The miners still have the biggest say in all of this.... they

run the most nodes and it is backed by hash power. I am still reading more about this, but I can see more people are getting sceptical about this

move. I am curious on how Jihan and Ver and Gavin are reacting on this... probably screaming "scam" from all the rooftops.  Roll Eyes

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May 22, 2017, 03:04:06 PM
 #18


This is breaking news hot from the NY consensus conference.

This is last chance to buy cheap BTC.

https://cointelegraph.com/news/bitcoin-miners-agree-in-ny-on-segwit-activation-before-september-sources

Updates to follow...

Hurray, Segwit is already is activated the two days before on litcoin. This is a additional information and it will take bitcoin in flight for sure. Bitcoin value is just over the 2000$ now but by september bitcoin may touch the 3000$ or 4000$ in chart for sure.
Yes ooo hope bitcoin get to $4000 by September as they are a lot of information and event line up from now till September. One of those events are activates withdrawal services by China crytocurrency major exchangers by June, by this major events bitcoin may touch $4000 when segwit activation.
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May 22, 2017, 03:11:56 PM
 #19

Sounds very tempting to buy more BTC now. The chances of BTC tanking are pretty slim right now right?

Seems like such a sure win. Just a bit scared its too good to be true.

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May 22, 2017, 03:16:35 PM
 #20

So finally they are planning to enforce segwit,we need some upgrades for sure but still i am not sure whether this is the final solution,if we could find a good alternative then it is fine and good,lets hope for the best and hope everything settles down.
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