BillyBobZorton (OP)
Legendary
Offline
Activity: 1204
Merit: 1028
|
|
June 01, 2017, 02:14:20 PM |
|
If the exchange or service you are using does not list BIP148 coins after august 1st, you are being effectively scammed, since if you are keeping the coins there, the split will happen anyway, but they are not giving you the opportunity to manage your own money, so most likely they will keep the 148 coins for themselves and act as if nothing happened.
Be aware that if BIP148 gains traction, the legacy coins would disappear and you would lose all money.
Demand all exchanges and services to list BIP148, and if they don't, point at the fact that they are scammers.
Get all of your coins back in your Bitcoin Core wallet before august 1st to guarantee you get the coins on both chains.
|
|
|
|
thejaytiesto
Legendary
Offline
Activity: 1358
Merit: 1014
|
|
June 01, 2017, 02:19:29 PM |
|
Exchanges that don't prepare for this are going to go bankrupt. Look at the ETH/ETC clusterfuck. If BIP148 actually wins and people lose their money, they are going to need to pay millions to customers in loses. Coinbase would go out for sure.
Anyone not holding their coins on a full validating node is a god damn moron at this point. If you trust anything but your own full validating node you are a pushover.
|
|
|
|
swogerino
Legendary
Online
Activity: 3206
Merit: 1240
|
|
June 01, 2017, 02:22:35 PM |
|
I only keep a very small amount on exchanges so I am good about it. This is a great advice for people who are daily traders and are forced to keep the majority of their coins in the exchanges they do the trading. I also think that anyone should withdraw their coins to a wallet of their choice in which they have control over the coins and this should be done at least a few days before the August 1.
|
. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
|
|
|
|
pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
|
|
June 01, 2017, 02:23:14 PM |
|
Aren't miners the ones forking with the Bitcoin SegWit2x?
|
|
|
|
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1006
Core dev leaves me neg feedback #abuse #political
|
|
June 01, 2017, 02:32:59 PM |
|
you guys are funny. exchanges aren't going to support bip148 because they would be forking themselves from the main chain.
|
|
|
|
cellard
Legendary
Offline
Activity: 1372
Merit: 1252
|
|
June 01, 2017, 02:52:13 PM |
|
Aren't miners the ones forking with the Bitcoin SegWit2x?
Miners will never do anything to scale bitcoin because it would mean they lose money on fees, which is why bitcoin can only scale by force (UASF) you guys are funny. exchanges aren't going to support bip148 because they would be forking themselves from the main chain.
This is nonsense. UASF is happening august 1 independently on what you think about it. If you have customers holding BTC in your exchange and you don't give them their equivalent of holdings in the UASF chain, you are robbing them. If UASF wins, it will end badly for those not supporting UASF coins.
|
|
|
|
matrix zion
|
|
June 01, 2017, 02:54:53 PM |
|
oh... I have to say I don't understand everything quite well ^^
But the idea is that there is a chance for a fork in august? So that we'll have a BTC1 and a BTC2?
Then I'll just be careful about withdrawing my btc, whatever what the exchange says it'll be much safer I guess.
|
|
|
|
ebliever
Legendary
Offline
Activity: 1708
Merit: 1035
|
|
June 01, 2017, 02:55:34 PM |
|
Aren't miners the ones forking with the Bitcoin SegWit2x?
Miners will never do anything to scale bitcoin because it would mean they lose money on fees, which is why bitcoin can only scale by force (UASF) you guys are funny. exchanges aren't going to support bip148 because they would be forking themselves from the main chain.
This is nonsense. UASF is happening august 1 independently on what you think about it. If you have customers holding BTC in your exchange and you don't give them their equivalent of holdings in the UASF chain, you are robbing them. If UASF wins, it will end badly for those not supporting UASF coins. Jonald thinks Exchanges don't want to handle multiple coins... think about why exchanges exist. LOL. This will be a profit opportunity for them.
|
Luke 12:15-21
Ephesians 2:8-9
|
|
|
ebliever
Legendary
Offline
Activity: 1708
Merit: 1035
|
|
June 01, 2017, 02:56:09 PM |
|
oh... I have to say I don't understand everything quite well ^^
But the idea is that there is a chance for a fork in august? So that we'll have a BTC1 and a BTC2?
Then I'll just be careful about withdrawing my btc, whatever what the exchange says it'll be much safer I guess.
https://bitcoinmagazine.com/articles/bitcoin-beginners-guide-surviving-bip-148-uasf/August 1 is Bitcoin Independence Day.
|
Luke 12:15-21
Ephesians 2:8-9
|
|
|
BillyBobZorton (OP)
Legendary
Offline
Activity: 1204
Merit: 1028
|
|
June 01, 2017, 03:04:07 PM |
|
Aren't miners the ones forking with the Bitcoin SegWit2x?
Miners will never do anything to scale bitcoin because it would mean they lose money on fees, which is why bitcoin can only scale by force (UASF) you guys are funny. exchanges aren't going to support bip148 because they would be forking themselves from the main chain.
This is nonsense. UASF is happening august 1 independently on what you think about it. If you have customers holding BTC in your exchange and you don't give them their equivalent of holdings in the UASF chain, you are robbing them. If UASF wins, it will end badly for those not supporting UASF coins. Jonald thinks Exchanges don't want to handle multiple coins... think about why exchanges exist. LOL. This will be a profit opportunity for them. Exactly. Exchanges will list anything that allows them to rack up fees, and this will surely create for some good fee racking opportunity. But this is beyond some altcoin fee racking operation, we are talking about the possibility of UASF coin winning and then every exchange that didn't list UASF coins would have lost MILLIONS to all the holders of legacy coins that don't get UASF coins. They are forced to list BIP148 coins, anything else is a recipe for disaster. Sorry, but the only way to stop this is if miners signal segwit, and they will not, so get ready.
|
|
|
|
Kprawn
Legendary
Offline
Activity: 1904
Merit: 1074
|
|
June 01, 2017, 03:13:44 PM |
|
The end result of this is going to be a division between miners on the one side and services on the other. The smart miners will go towards BIP148, because it will be the dominant path in the future. The BIP148 will surely create some panic amongst some users, but it's just a small learning curve and then it is back to normal business. ..... We need to move forward, even if some people are going to be left behind.
|
|
|
|
Rufsilf
|
|
June 01, 2017, 03:21:51 PM |
|
How can i know that the exchange that i'm using is supporting BIP148 and what are the wallets that also supports BIP148 aside from bitcoin core wallet because that wallets takes a lot of years before you sync it.
|
|
|
|
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1006
Core dev leaves me neg feedback #abuse #political
|
|
June 01, 2017, 03:24:00 PM |
|
They are forced to list BIP148 coins, anything else is a recipe for disaster.
Sorry, but the only way to stop this is if miners signal segwit, and they will not, so get ready.
if there's a split, sure they might list it as an altcoin "uasf-coin".
|
|
|
|
Wind_FURY
Legendary
Offline
Activity: 2968
Merit: 1858
|
|
June 01, 2017, 03:28:32 PM |
|
Can anyone speculate how much of the total hashing power would be behind UASF? Would it be good to assume that the 30% that are signalling Segwit now would all support UASF?
30% would surely cause a split.
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
cr1776
Legendary
Offline
Activity: 4088
Merit: 1304
|
|
June 01, 2017, 03:34:50 PM |
|
As of a few days ago, coinbase support recommended people move their coins off coinbase prior to August 1: Eric - Coinbase support: When Ether forked into ETH and ETC, we provided a way for our customers to withdraw ETC for a limited time--as a courtesy. But we only supported one chain moving forward.
There is no guarantee that we will do the same for future forks, as we consider each fork individually. A decision on BIP148 has not been made yet.
As @Gleezy said, the best advice is to withdraw your coins before the fork to your own wallet. Then you have complete freedom with your coins after the fork occurs.
https://community.coinbase.com/t/what-is-coinbases-plan-regarding-bip148/15391
|
|
|
|
Scoremaster
Member
Offline
Activity: 91
Merit: 10
Hi I am back from a long period of away time :)
|
|
June 01, 2017, 03:44:03 PM |
|
Seems like it would be safer to not use exchanges as we get closer. Better to be smart than to keep it om exchanges.
|
|
|
|
franky1
Legendary
Offline
Activity: 4284
Merit: 4540
|
|
June 01, 2017, 03:51:02 PM |
|
Can anyone speculate how much of the total hashing power would be behind UASF? Would it be good to assume that the 30% that are signalling Segwit now would all support UASF?
30% would surely cause a split.
UASF itself causes a split... deemed as a hard bilateral split* which is: much much worse than a hard contentious upgrade much much much worse than a hard consensual upgrade * technically if its User activated (non mining) then its a hard bilateral split, not soft but if they want to pretend its 'soft' (not user related) then its actually MAST not UASF but core do love playing buzzword games to stroke people to sleep with false pretenses of soft cushions and fluffy clouds
|
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
|
|
|
Wind_FURY
Legendary
Offline
Activity: 2968
Merit: 1858
|
|
June 01, 2017, 03:51:36 PM |
|
They are forced to list BIP148 coins, anything else is a recipe for disaster.
Sorry, but the only way to stop this is if miners signal segwit, and they will not, so get ready.
if there's a split, sure they might list it as an altcoin "uasf-coin". They can call it what ever they want, but those coins should be in their customers' control if there is a split.
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
franky1
Legendary
Offline
Activity: 4284
Merit: 4540
|
|
June 01, 2017, 03:56:49 PM |
|
They can call it what ever they want, but those coins should be in their customers' control if there is a split.
if your funds are in an exchange you have no control.. learn lessons from 8 years of "we Been hacked bankruptcies" you can only HOPE they do the honourable thing.
|
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
|
|
|
Wind_FURY
Legendary
Offline
Activity: 2968
Merit: 1858
|
|
June 01, 2017, 04:01:08 PM |
|
Can anyone speculate how much of the total hashing power would be behind UASF? Would it be good to assume that the 30% that are signalling Segwit now would all support UASF?
30% would surely cause a split.
UASF itself causes a split... deemed as a hard bilateral split* which is: much much worse than a hard contentious upgrade much much much worse than a hard consensual upgrade * technically if its User activated (non mining) then its a hard bilateral split, not soft but if they want to pretend its 'soft' (not user related) then its actually MAST not UASF But would it not also depend on how much hashing power is behind it? What if there is only a total of 5% or less supporting it? but core do love playing buzzword games to stroke people to sleep with false pretenses of soft cushions and fluffy clouds
Why bring Core into this? They are against UASF if I am not mistaken.
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
|