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Author Topic: Why everyone are nervous for the segwit2x fork?  (Read 1983 times)
xFiber
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July 13, 2017, 10:18:50 AM
 #21

My question is simple.
Why anyone are nervous about the segwit2x hard fork part and not support this guys to fork off from network forever.
I dont think the fork chain will survive without skill devs and without majority of users to support it.
Will be a very risk business for the forkers to maintenance their network and to survive in long term especially without skilled developers.
In the other hand Bitcoin devs, users and everyone in bitcoin ecosystem imo must support them to fork off from network.
After their fork this silly non tech and conspiracy theories noise will go away and bitcoin will return and focus to tech innovation.
The future of bitcoin is great and will be much better without shadow characters like Jihan, Roger Ver, Garzik, Gavin, Wright.
Yes but if a split happens it doesn't matter if the other chain dies off quickly. People who are unfamiliar with the technology and environment will be extremely confused. And we might as well creat an even bigger problem in our attempt to get bitcoin mainstream and that's not something we want really.
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July 13, 2017, 10:19:48 AM
 #22

People are nervous because there isn't 100% consensus and despite all the problems bitcoin faces people are still fighting each other rather than accepting this compromise. The reality is though that segwit2x has like 90%+ support, there is very little risk.

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July 13, 2017, 10:52:19 AM
 #23

My question is simple.
Why anyone are nervous about the segwit2x hard fork part and not support this guys to fork off from network forever.
I dont think the fork chain will survive without skill devs and without majority of users to support it.
Will be a very risk business for the forkers to maintenance their network and to survive in long term especially without skilled developers.
In the other hand Bitcoin devs, users and everyone in bitcoin ecosystem imo must support them to fork off from network.
After their fork this silly non tech and conspiracy theories noise will go away and bitcoin will return and focus to tech innovation.
The future of bitcoin is great and will be much better without shadow characters like Jihan, Roger Ver, Garzik, Gavin, Wright.

Apart from Garzik, I haven't heard of any other developers working on Segwit2x. Segwit was coded by the core developers over a considerable period of time with many testings and successfully activated on Litecoin. Segwit2x lacks developers and the whole coding is being hurriedly carried out to push the 2 MB hard fork agenda.

Majority of miners have shown the intent to signal Segwit2x by July 21 and if a large number of miners doesn't back out then Segwit would get activated through Segwit2x. On the other hand, if Segwit2x fails, UASF would activate Segwit and Bitmain had earlier threatened the network with UAHF if Segwit2x fails.

The agenda of this mining cartel is quite simple, not to activate Segwit, but to fork the network either through Segwit2x (three months after Segwit activation) or by threatening the community with a possible UAHF.

I don't think the second part of Segwit2x would get any economic majority and the same thing with Jihan's illusionary UAHF. If he wants to pull off a hard fork with minority, let him do it, another altcoin to the list of thousands, and bitcoin would be free of the likes of Jihan, Ver, and CSW who apart from trying to control the network, have nothing substantial to contribute to the network.

Most of the newbies don't really put an effort to understand what is happening to the network. They just focus on the word split and start worrying about its impact on bitcoins price, they have the right to be concerned, but when you look at the broader picture, once Segwit gets activated, it would be smooth sailing.

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July 13, 2017, 11:18:45 AM
 #24

My question is simple.
Why anyone are nervous about the segwit2x hard fork part and not support this guys to fork off from network forever.
I dont think the fork chain will survive without skill devs and without majority of users to support it.
Will be a very risk business for the forkers to maintenance their network and to survive in long term especially without skilled developers.
In the other hand Bitcoin devs, users and everyone in bitcoin ecosystem imo must support them to fork off from network.
After their fork this silly non tech and conspiracy theories noise will go away and bitcoin will return and focus to tech innovation.
The future of bitcoin is great and will be much better without shadow characters like Jihan, Roger Ver, Garzik, Gavin, Wright.
It is because we have no idea what will happen in the bitcoin market after the split. Most of them are beginner in the bitcoin society and they don't know what will possible happen. Me too, I'm nervous because of the news, and when I ask my other friends reagarding this, they have own opinion like holding, selling before of august and others put their bitcoin in other wallet. But much better to think a positive result, maybe it is because bitcoin is become popular so we need to upgrade.

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July 13, 2017, 12:03:55 PM
 #25

My question is simple.
Why anyone are nervous about the segwit2x hard fork part and not support this guys to fork off from network forever.
I dont think the fork chain will survive without skill devs and without majority of users to support it.
Will be a very risk business for the forkers to maintenance their network and to survive in long term especially without skilled developers.
In the other hand Bitcoin devs, users and everyone in bitcoin ecosystem imo must support them to fork off from network.
After their fork this silly non tech and conspiracy theories noise will go away and bitcoin will return and focus to tech innovation.
The future of bitcoin is great and will be much better without shadow characters like Jihan, Roger Ver, Garzik, Gavin, Wright.

First, some people are very nervous about every price drop, they are only satisfied when Bitcoin grows without drops, which is stupid and unrealistic.
Also, forkers have a lot of hashing power, so they could screw with Bitcoin if they wanted too, although they will not succeed in the end, they could do a lot of damage, and who knows, maybe they are crazy.
Forkers might actually try to claim that their fork is the true Bitcoin, and the other chain is an altcoin, which will cause split in Bitcoin community, as some people will be supporting them. But it seems that as of now most users support Core, so forkers will probably fail here.

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July 15, 2017, 01:32:07 PM
 #26

My question is simple.
Why anyone are nervous about the segwit2x hard fork part and not support this guys to fork off from network forever.
I dont think the fork chain will survive without skill devs and without majority of users to support it.
Will be a very risk business for the forkers to maintenance their network and to survive in long term especially without skilled developers.
In the other hand Bitcoin devs, users and everyone in bitcoin ecosystem imo must support them to fork off from network.
After their fork this silly non tech and conspiracy theories noise will go away and bitcoin will return and focus to tech innovation.
The future of bitcoin is great and will be much better without shadow characters like Jihan, Roger Ver, Garzik, Gavin, Wright.
It is because we have no idea what will happen in the bitcoin market after the split. Most of them are beginner in the bitcoin society and they don't know what will possible happen. Me too, I'm nervous because of the news, and when I ask my other friends reagarding this, they have own opinion like holding, selling before of august and others put their bitcoin in other wallet. But much better to think a positive result, maybe it is because bitcoin is become popular so we need to upgrade.
I think the segwit2x is for the betterment of the bitcoin and nothing is going to happen wrong to the bitcoin. It is just the upgradation of the protocols and we have already experienced it with the litecoin. Think positive be positive and expect positive, and exactly the bitcoin is upgrading due to its popularity.

Many things including the transaction fee and transaction time will be settled and improved in the segwit, so just chill and wait for the price to go high after 1st August.



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panganib999
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July 15, 2017, 01:40:31 PM
 #27

My question is simple.
Why anyone are nervous about the segwit2x hard fork part and not support this guys to fork off from network forever.
I dont think the fork chain will survive without skill devs and without majority of users to support it.
Will be a very risk business for the forkers to maintenance their network and to survive in long term especially without skilled developers.
In the other hand Bitcoin devs, users and everyone in bitcoin ecosystem imo must support them to fork off from network.
After their fork this silly non tech and conspiracy theories noise will go away and bitcoin will return and focus to tech innovation.
The future of bitcoin is great and will be much better without shadow characters like Jihan, Roger Ver, Garzik, Gavin, Wright.
Maybe they are afraid because of the spreaded speculations that after the Segwit2x fork bitcoin's price value will be lead into a 50-50 situation wherein it is between the pump and dump scenario. Especially the new ones because an early signal has been done wherein bitcoin's price have just drop this day. But still we are hoping that after the Segwit2x fork price value will come back to normal or the best thing is that it will reach its price peak.


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Polar91
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July 15, 2017, 01:47:22 PM
 #28

My question is simple.
Why anyone are nervous about the segwit2x hard fork part and not support this guys to fork off from network forever.
I dont think the fork chain will survive without skill devs and without majority of users to support it.
Will be a very risk business for the forkers to maintenance their network and to survive in long term especially without skilled developers.
In the other hand Bitcoin devs, users and everyone in bitcoin ecosystem imo must support them to fork off from network.
After their fork this silly non tech and conspiracy theories noise will go away and bitcoin will return and focus to tech innovation.
The future of bitcoin is great and will be much better without shadow characters like Jihan, Roger Ver, Garzik, Gavin, Wright.
Maybe it is because of the reason that there are news spreading (gossips) that after Segwit2x fork, bitcoin's price will be a 50-50 chance to get its pump or dump. But we still does not know what will happen yet it is still alarming that early this morning bitcoin's price have just drop in a sudden. But still we are hoping that after the said event to happen within a week or two weeks from now, bitcoin will regain its price value or reach its highest price value peak.

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July 15, 2017, 01:55:36 PM
 #29

They are nervous becasue instead of working together as one to successfully implment SegWit2x both sides continue to quarrel, troll, and bitch about the other, meanwhile the price of Bitcoin goes to dirt.

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TrumpD
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July 15, 2017, 01:59:58 PM
 #30

Some may see segwit as a failure for bitcoins, not that I agree with them, but the plummeting price is due to the uncertainty around the whole thing. People are not sure, and not everyone is prepared to wait and see, hence the dump.
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July 15, 2017, 03:08:43 PM
 #31

My question is simple.
Why anyone are nervous about the segwit2x hard fork part and not support this guys to fork off from network forever.
I dont think the fork chain will survive without skill devs and without majority of users to support it.
Will be a very risk business for the forkers to maintenance their network and to survive in long term especially without skilled developers.
In the other hand Bitcoin devs, users and everyone in bitcoin ecosystem imo must support them to fork off from network.
After their fork this silly non tech and conspiracy theories noise will go away and bitcoin will return and focus to tech innovation.
The future of bitcoin is great and will be much better without shadow characters like Jihan, Roger Ver, Garzik, Gavin, Wright.
It is because we have no idea what will happen in the bitcoin market after the split. Most of them are beginner in the bitcoin society and they don't know what will possible happen. Me too, I'm nervous because of the news, and when I ask my other friends reagarding this, they have own opinion like holding, selling before of august and others put their bitcoin in other wallet. But much better to think a positive result, maybe it is because bitcoin is become popular so we need to upgrade.
I think the segwit2x is for the betterment of the bitcoin and nothing is going to happen wrong to the bitcoin. It is just the upgradation of the protocols and we have already experienced it with the litecoin. Think positive be positive and expect positive, and exactly the bitcoin is upgrading due to its popularity.

Many things including the transaction fee and transaction time will be settled and improved in the segwit, so just chill and wait for the price to go high after 1st August.
Although it is true what you mention that it was already implemented in LTC,but there is no point making the comparison if we consider the user base between both,the possibility of a division among the community was very low only for not saying zero,because apart from the price of LTC was relatively low,and beforehand knew that change would only benefit both the miners and everyone in general,that's why I think the situation is very different with the implementation within BTC.

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July 15, 2017, 03:54:56 PM
 #32

The nervous people are the people who do not understand what is happening. The price is dropping because a bunch of people has sold some

bitcoins to buy much cheaper coins. This will probably be the last time that you will be getting cheap coins like this. Once all this Fud/shilling and

fake panic is all over, Bitcoin is going to be massive. Buy before the 1st of Aug or you will have to get back in at very high prices.  Wink

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July 15, 2017, 04:07:55 PM
 #33

People are nervous because there isn't 100% consensus and despite all the problems bitcoin faces people are still fighting each other rather than accepting this compromise. The reality is though that segwit2x has like 90%+ support, there is very little risk.

If bitcoin does not receive consensus from the community, in different directions it will be split, which will greatly affect the bitcoin value.

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July 15, 2017, 04:10:27 PM
 #34

people are scared because some people want UASF which will cause a network split
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July 15, 2017, 04:10:58 PM
 #35

I'm not nervous at all and I'm pretty sure that BTC will be stronger when this annoying debate has ended.

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July 15, 2017, 04:15:30 PM
 #36

Some may see segwit as a failure for bitcoins, not that I agree with them, but the plummeting price is due to the uncertainty around the whole thing. People are not sure, and not everyone is prepared to wait and see, hence the dump.
Only those people consider segwit as the failure who do not have knowledge about this technology and they just hear from others that something bad will happen while the expert in crypto technology know that segwit is better for the successful future of bitcoin and after august 1st the technology of bitcoin will be more convenient and then more people will adopt it and so after that the price of bitcoin will continue to increase more. I am holding my bitcoin for that time and I do not have any hurry to sell my bitcoins as others have.



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July 15, 2017, 05:48:58 PM
 #37

My question is simple.
Why anyone are nervous about the segwit2x hard fork part and not support this guys to fork off from network forever.
I dont think the fork chain will survive without skill devs and without majority of users to support it.
Will be a very risk business for the forkers to maintenance their network and to survive in long term especially without skilled developers.
In the other hand Bitcoin devs, users and everyone in bitcoin ecosystem imo must support them to fork off from network.
After their fork this silly non tech and conspiracy theories noise will go away and bitcoin will return and focus to tech innovation.
The future of bitcoin is great and will be much better without shadow characters like Jihan, Roger Ver, Garzik, Gavin, Wright.
Yes but if a split happens it doesn't matter if the other chain dies off quickly. People who are unfamiliar with the technology and environment will be extremely confused. And we might as well creat an even bigger problem in our attempt to get bitcoin mainstream and that's not something we want really.
Not everyone here is highly technical or a good user of high upgraded technology so there are problems for them regarding what action to take in the best favor of their coins in case if a split happens.
Honestly, I am nervous to how to react to a split so that I don’t lose any of my coin. Many bad things flash into my mind whenever I think of the segwit2x if goes wrong.














 

 

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Kemarit
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July 15, 2017, 06:01:51 PM
 #38

Some may see segwit as a failure for bitcoins, not that I agree with them, but the plummeting price is due to the uncertainty around the whole thing. People are not sure, and not everyone is prepared to wait and see, hence the dump.
Only those people consider segwit as the failure who do not have knowledge about this technology and they just hear from others that something bad will happen while the expert in crypto technology know that segwit is better for the successful future of bitcoin and after august 1st the technology of bitcoin will be more convenient and then more people will adopt it and so after that the price of bitcoin will continue to increase more. I am holding my bitcoin for that time and I do not have any hurry to sell my bitcoins as others have.

If I may add, those that consider Segwit2x as a failure not only have no knowledge about it, but are just here to get rich quick. And when they are seeing that the price is going down hard, then sell instead of buying or just holding on their coins. We don't know what's gonna happened after the activation, but I think it will really bring bitcoin to the next level. This price dip is temporary only, and after it is implemented the price will slowly gain momentum and we may see another ATH hit again this year. I'm also holding and will not hurry to sell just because the price is going down.

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July 15, 2017, 09:36:23 PM
 #39

Can someone explain what the fork thing is? Everytime I google I find nothing...
Forking means that the software development will go into two or more directions, probably one of the best examples is Linux, there are many flavors of Linux and you can choose the one you like the most, if bitcoin forks, then that means that two different bitcoins will exist, the bitcoin backed by the devs and the bitcoin backed by the miners.

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July 15, 2017, 11:17:32 PM
 #40

Why everyone are nervous? Because we don't know what will happen after 1st August, how everything will affect bitcoin price. Non tech guys like I'm have limited knowledge about fork.
Lot of people still don't know what will happen to their bitcoins and how to keep it safe.
And all FUD around us makes situation even worse.

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