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Author Topic: Bitcoin after 1st august = Unstoppable?  (Read 2898 times)
OmegaStarScream (OP)
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July 08, 2017, 06:28:15 PM
 #1

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

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July 08, 2017, 06:39:01 PM
 #2

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

Assuming everything after the soft fork or hard fork goes as planned? Sure. It's very tough to say though that everything will go as planned, as I think there will always be problems along the way. Also, don't take out of the equation that some altcoins can overtake bitcoin in terms of market cap and level of global adoption. In my opinion I think bitcoin will do fine though.

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July 08, 2017, 06:41:20 PM
 #3

I would say that Bitcoin's biggest obstacle to its growth today would have been removed. Which would allow us to break down barriers in the price and in the acceptance of the cryptocurrency.

I know in fact that high fees and confirmation time are the main reason why Bitcoin is not yet being implemented at all levels of society. And a possible correction to these problems is of extreme importance for global acceptance.

Try to offer a coffe shop to accept Bitcoin today, and make him start using Bitcoin knowing he needs to charge 20% more of the product in fees and wait a few hours to get his money. Something like that does not seem so tempting.

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allthebitandbobs
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July 08, 2017, 06:45:03 PM
 #4

How you know it might totally crash it trying to fix it  Cheesy .

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July 08, 2017, 06:46:07 PM
 #5

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

Maybe for a few weeks, months or years but Altcoins will always do anything just to beat bitcoin in terms of price. they need to try harder because bitcoin is getting much popular nowadays so it will still be on top for a longer years
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July 08, 2017, 06:58:08 PM
 #6

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

Not every one is going to switch to it but definitely there will be some interest from both miners and the users.

The good thing with UASF is that Bitmain/Craig/Roger followers are so toxic and they want to have their own chain so badly, UASF might actually become thee bitcoin because it is a soft fork and compatible with the old chain unlike Bitmain's hard forking seg2x

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July 08, 2017, 07:28:31 PM
 #7

Only if the hardfork is a failure as expected. In order for the bitcoin price to go up, the Bitmain/Roger Ver/Wright/anything that could lead to a hardfork/ must die and fail. XT, Classic, Buggy Unlimited, and segwit2x, they all have failed because it's retarded nonsense. This should not be any different. Im not even counting BitmainCoin's hardfork proposal.

After all these morons give up with the HF fud, we will go to $10,000. As long as the stupidity continues, we will stay as we are now or crash indefinitely.

We could go to $10,000 tomorrow, if miners acted accordingly and activated BIP141, or we can continue playing games.
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July 08, 2017, 07:49:34 PM
 #8

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)
I think that assuming the community doesn't end up hating each other and people put aside their ideological differences and actually display some unity, there is a very high chance that Bitcoin would become a relatively powerful economic force within the global economy, but that's just a desire and I don't know if it will ever get close to being that powerful.

I'd probably start a node and get a bit more involved once we get the fees fixed and everything gets a bit cheaper, although the data transfer would increase.
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July 09, 2017, 07:13:51 AM
 #9

Only if the hardfork is a failure as expected. In order for the bitcoin price to go up, the Bitmain/Roger Ver/Wright/anything that could lead to a hardfork/ must die and fail. XT, Classic, Buggy Unlimited, and segwit2x, they all have failed because it's retarded nonsense. This should not be any different. Im not even counting BitmainCoin's hardfork proposal.

After all these morons give up with the HF fud, we will go to $10,000. As long as the stupidity continues, we will stay as we are now or crash indefinitely.

We could go to $10,000 tomorrow, if miners acted accordingly and activated BIP141, or we can continue playing games.

When I said unstoppable, I didn't really mean on price terms, I pretty much meant that once we have SegWit, we will have Lightning network, TumbleBit and much more and that will attract much more users then today.

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July 09, 2017, 07:21:35 AM
 #10

The main reason that miners may change their mind after August 1st would be if the economic majority of users decided to support the BIP 148 chain, although they may also feel the need to avoid a chain split entirely.
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July 09, 2017, 07:32:04 AM
 #11

So, what do you think about BITCOIn after august, will go to the moon, or will dump

We cannot prediction about this
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July 09, 2017, 09:24:37 AM
 #12

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

well that is a big assumption and it is only easy to say. but in reality there are a lot of unknown factors that can affect bitcoin's future after August first. and i hope things go as smoothly as you are assuming here and don't turn into chain warz!

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July 09, 2017, 10:12:27 AM
 #13

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)
Even though that if we will having a split in August 1, I think bitcoin will still do their very best to meet their clients needs and wants so that they will still popular at all, even if the price of bitcoin will go down for sure it will also increases and when the time bitcoin will go down, I think that is the time for us to buy bitcoin so that in the future we can also have a million!  Grin We really cannot stop August 1st!
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July 09, 2017, 11:10:44 AM
 #14

There is a lot of speculation that a blockchain split is possible. But I believe if BIP 148 garners enough support the miners have no choice but to follow. The way Bitcoin network operates, it is the nodes that create demand for blocks.

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July 09, 2017, 11:48:02 AM
 #15

Is it possible, the issue of August is deliberately made to keep balance the bitcoin, so that the purchase price is not too over the selling point. So the bitcoin value will rise steadily.
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July 09, 2017, 12:24:55 PM
 #16

It's hard to predict what will happen after 1st august.
We still don't know yet is it going as planned or the other way around.

We all hope for the best, yeah, that's true.
But we cannot deny that there will not or will have a problem after 1st august.
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July 09, 2017, 12:31:55 PM
 #17

Is it possible, the issue of August is deliberately made to keep balance the bitcoin, so that the purchase price is not too over the selling point. So the bitcoin value will rise steadily.

If it is gonna be just like the bitcoin we can really rely on then I think It will be unstoppable, if we are not gonna rely on miners and fees would become lesser but I have a doubt with it because of the risk that is involve, but I am still looking forward that even if bitcoin would split I only wish that it can still be the same bitcoin as of now, the bitcoin you can surely trust and can surely earn a lot from it!
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July 09, 2017, 12:39:30 PM
 #18

Well the "other" side have stalled Bitcoin's progess long enough for them to introduce several different outcomes to this experiment. Nobody can say for

sure what will happen after the 1st of Aug 2017, but we will scale one way or the other. The BugCoin was just a diversion for other things to come. CW

and his nChain is just one of these options.  Angry

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July 09, 2017, 12:42:32 PM
 #19

So, what do you think about BITCOIn after august, will go to the moon, or will dump

We cannot prediction about this
No one knows what will happen on that day.  There are only options crash or continue to goes up. But im ready to whatever happens on that day.
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July 09, 2017, 01:08:15 PM
 #20

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

Yes it shall be unstoppable as currently the buzz sounds out like there won't be any hard folk happening and if there is no hard folk then it shall rise at a amazing phase, and we shall see very soon an incredible rise in the prices of Bitcoins, it feels like the good old days of Bitcoins shall come back very soon, and it's a good thing that this long drawn out saga is finally coming to a conclusive end.
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July 09, 2017, 02:39:37 PM
 #21

Is it safe to say that? assuming that everything will go as planned, UASF SegWit2x will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)


I had to fix it for you, as there is very little support for UASF BIP148. On the other way, SegWit2x has good service support.
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July 09, 2017, 02:44:19 PM
 #22

As long as something happens and moves bitcoin forward it will be a win in terms of future proofing bitcoin.

Bitcoin has been stale for way too long already, it's time to move on.
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July 09, 2017, 02:59:32 PM
 #23

I agree with you, Segwit is the first step to a global, by many people used currency. If it is as fast as Visa,... it can be implemented in everyday life and if it is implemented in everyday life, price will rise and more features will come (f.e. smart contracts)

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July 10, 2017, 09:57:36 PM
 #24

Is it possible, the issue of August is deliberately made to keep balance the bitcoin, so that the purchase price is not too over the selling point. So the bitcoin value will rise steadily.

If it is gonna be just like the bitcoin we can really rely on then I think It will be unstoppable, if we are not gonna rely on miners and fees would become lesser but I have a doubt with it because of the risk that is involve, but I am still looking forward that even if bitcoin would split I only wish that it can still be the same bitcoin as of now, the bitcoin you can surely trust and can surely earn a lot from it!
well it’s another thing that bitcoin has changed the whole theory of its use and of the user that bitcoin is increasing its space and time each and every day so we cannot say that we are afraid of august it will be a good day as others were .
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July 10, 2017, 10:01:59 PM
 #25

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

If everything goes as envisaged then probably bitcoin will reach a new height after 1st August and probably everything will be back to normal. People who are frustrated about the long confirmation time, will get some relieve.

So I see it as a great time to buy more bitcoins because you may not have the same price after that date and you will have to shell out more money for the same amount of bitcoin compared to today's price. I am still in accumulation mode and will continue to do so.

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July 10, 2017, 10:08:20 PM
 #26

I think all the hype around it is not needed, bitcoin will stay the same and nothing will happen, maybe a slight decrease of value but nothing else

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July 12, 2017, 06:28:36 AM
 #27

I think all the hype around it is not needed, bitcoin will stay the same and nothing will happen, maybe a slight decrease of value but nothing else

I think bitcoin will stay forever, bitcoin now have slightly decrees its market value, I think more people are afraid of these August 1 bitcoin split!

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July 12, 2017, 06:49:13 AM
 #28

Is it possible, the issue of August is deliberately made to keep balance the bitcoin, so that the purchase price is not too over the selling point. So the bitcoin value will rise steadily.

If it is gonna be just like the bitcoin we can really rely on then I think It will be unstoppable, if we are not gonna rely on miners and fees would become lesser but I have a doubt with it because of the risk that is involve, but I am still looking forward that even if bitcoin would split I only wish that it can still be the same bitcoin as of now, the bitcoin you can surely trust and can surely earn a lot from it!
well it’s another thing that bitcoin has changed the whole theory of its use and of the user that bitcoin is increasing its space and time each and every day so we cannot say that we are afraid of august it will be a good day as others were .
we an also conclude from the price of bitcoin that there will no such bad think happen about bitcoin, because the investors are still confident and they are still investing money in bitcoin, while those people who already have bitcoin they are saving it and holding for the future.
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July 12, 2017, 07:30:25 AM
 #29

I think all the hype around it is not needed, bitcoin will stay the same and nothing will happen, maybe a slight decrease of value but nothing else

I think bitcoin will stay forever, bitcoin now have slightly decrees its market value, I think more people are afraid of these August 1 bitcoin split!
a little bit uncertainty it s there but i do no think that people still too much confident about the price of bitcoin. and therefore the price of bitcoin is still trading above 2300$ level. hope everything will become normal very soon.
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July 12, 2017, 07:36:54 AM
 #30

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

There is only a chance of this happening if the hard fork/segwit goes as planned and doesn't flop. There is a chance of the total opposite happening, and bitcoin failing miserably after august the first. Right now, bitcoin is dropping in price as due to pre segwit panic, and how people are thinking that segwit will kill bitcoin, while in my opinion it will do the exact opposite. The hype that is related to segwit is a bit annoying, since there is a high chance of nothing happening to bitcoin, except a small price change. I would recommend not selling right now, and holding your bitcoin, since there is a chance of bitcoin rising super high after segwit, and I would take that chance.

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July 12, 2017, 07:38:41 AM
 #31

hopefully everything goes well, for the sake of my bags.. but nobody really knows, theres always that one bastard who has to screw evreything for everyone  Tongue
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July 12, 2017, 07:54:10 AM
 #32

A big yes, mate!

After this temporary hiatus which is basically to improve everything there is in bitcoin, the price will soar like an eagle.  Wink
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July 12, 2017, 08:02:43 AM
 #33

if the exchange and merchants that are currently accepting bitcoin, don't switch to it(segwit), then it's all lost, we remain with 1mb like we are now, which is what miners want i think

but anyway bitcoin have experienced a bad crash in the past already, even if it crash heavy now it's not something out of the ordinary, and will not be worse than 2014 dump
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July 12, 2017, 08:19:34 AM
 #34

if the exchange and merchants that are currently accepting bitcoin, don't switch to it(segwit), then it's all lost, we remain with 1mb like we are now, which is what miners want i think

but anyway bitcoin have experienced a bad crash in the past already, even if it crash heavy now it's not something out of the ordinary, and will not be worse than 2014 dump

Miners want to stay at 1mb? If that's the case then why they are proposing SegWit2X in order to get both SegWit and block size increase, and according to coin.dance, they have the needed hashing power.


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July 12, 2017, 08:28:58 AM
 #35

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

We should not assume, look at the truth, people are still arguing, this will lead to the division of bitcoin, and the value of bitcoin will certainly decrease.





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July 12, 2017, 08:43:11 AM
 #36

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

We should not assume, look at the truth, people are still arguing, this will lead to the division of bitcoin, and the value of bitcoin will certainly decrease.

most of these people who are arguing are either idiots who don't understand what is going on and just love to argue and win an argument to feel good or they are shills doing this for some hidden agenda and in order to create chaos.
some are even altcoin pumpers who think they can gain some foothold if they harm bitcoin.

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July 12, 2017, 11:06:18 AM
 #37

SegWit2x looks like won't ready before 1st August since SegWit2x testnet failure, so i UASF should have more support and will be activated and will become majority chain if block/chain split happen.
But i think we still need lots of upgrade which allow bitcoin network process hundred of transaction every second while still decentralized before bitcoin is really unstoppable.

Either through Segwit2x or UASF, bitcoin would have Segwit activated by August 1. The glitch in Segwit2x testing was attributed to mempool being empty due to testnet and someone intentionally messing up with the chain before the developers intended to start the test, but yeah the concern over how the mainnet deployment plays out is real. The whole coding process of Segwit2x has been a rushed affair, if some serious bugs pop up when it is added into the main network then there would be serious implications for the whole bitcoin community.

UASF is a much safer option than Segwit2x, but it looks it would be Segwit2x activating Segwit, the hard fork isn't a matter of concern right now, most probably it wouldn't even happen.

Yeah once Segwit gets activated further side solutions can be implemented to make bitcoin unstoppable. Segwit is the stepping stone.
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July 12, 2017, 11:47:43 AM
 #38

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

Maybe for a few weeks, months or years but Altcoins will always do anything just to beat bitcoin in terms of price. they need to try harder because bitcoin is getting much popular nowadays so it will still be on top for a longer years

In terms of price?
What is that?

The shitcoins can get higher in price per coin can get higher in price as marketcap (see Mediterranean coin) but never ever have hey matched the acceptance and usage of bitcoin.

With bigger blockchain capacity the ltc advantage is reduced to the faster blocks.
Thing that can also be done with bitcoin, although I really doubt it.

What can shitcoins do other than bitcoin? Except bankrupting noobs?

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July 12, 2017, 12:32:56 PM
 #39

What can shitcoins do other than bitcoin? Except bankrupting noobs?

to be fair there are a lot of good features in many of the altcoins (i won't name any because i will be accused of advertising it) but if you look around among them and look at their white papers and read the details of the good projects not just see the price you can see there are many innovations there too.
none of them have yet succeeded at anything though. and i believe th reason for it is because of their price and how it becomes a toy in the hands of pumpers.

Buying the dip...
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July 12, 2017, 12:40:08 PM
 #40

What can shitcoins do other than bitcoin? Except bankrupting noobs?

to be fair there are a lot of good features in many of the altcoins (i won't name any because i will be accused of advertising it) but if you look around among them and look at their white papers and read the details of the good projects not just see the price you can see there are many innovations there too.
none of them have yet succeeded at anything though. and i believe th reason for it is because of their price and how it becomes a toy in the hands of pumpers.

You don't have to name the shitcoin.

Just tell us there things a certain x coin is doing far better then bitcoin. And cut the blocks time from the list as I already mentioned that as the only advantage.


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July 12, 2017, 12:45:38 PM
 #41

What can shitcoins do other than bitcoin? Except bankrupting noobs?

to be fair there are a lot of good features in many of the altcoins (i won't name any because i will be accused of advertising it) but if you look around among them and look at their white papers and read the details of the good projects not just see the price you can see there are many innovations there too.
none of them have yet succeeded at anything though. and i believe th reason for it is because of their price and how it becomes a toy in the hands of pumpers.

You don't have to name the shitcoin.

Just tell us there things a certain x coin is doing far better then bitcoin. And cut the blocks time from the list as I already mentioned that as the only advantage.

Are you aware that if there will be a fork at August 1st, we will have a Bitcoin and a new altcoin?
Meaning, be careful, you may end up holding a shitcoin  Grin


I agree with RoommateAgreement, some of the altcoins bring innovation. Bitcoin has a chance to learn from them.
Of course, there are also too many useless copycat altcoins...

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July 12, 2017, 12:49:44 PM
 #42

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

We should not assume, look at the truth, people are still arguing, this will lead to the division of bitcoin, and the value of bitcoin will certainly decrease.

most of these people who are arguing are either idiots who don't understand what is going on and just love to argue and win an argument to feel good or they are shills doing this for some hidden agenda and in order to create chaos.
some are even altcoin pumpers who think they can gain some foothold if they harm bitcoin.
Maybe many of those who support the panic associated with bitcoin just want to take a moment and buy as many coins as possible? I kind of like it. Those who remain faithful bitcoin will become more resistant to stress and in the future, whales will be more difficult to destabilize the situation.
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July 12, 2017, 01:00:27 PM
 #43

What can shitcoins do other than bitcoin? Except bankrupting noobs?

to be fair there are a lot of good features in many of the altcoins (i won't name any because i will be accused of advertising it) but if you look around among them and look at their white papers and read the details of the good projects not just see the price you can see there are many innovations there too.
none of them have yet succeeded at anything though. and i believe th reason for it is because of their price and how it becomes a toy in the hands of pumpers.

You don't have to name the shitcoin.

Just tell us there things a certain x coin is doing far better then bitcoin. And cut the blocks time from the list as I already mentioned that as the only advantage.

if something were doing things far better than bitcoin, then it would have replaced bitcoin already. i'm afraid that thing does not exist.
but at the same time it doesn't mean all altcoins have nothing to offer.

example: https://en.wikipedia.org/wiki/Directed_acyclic_graph
and remember there is always advantages and disadvantages to any of these even bitcoin.

Buying the dip...
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July 12, 2017, 02:45:19 PM
 #44

Only if the hardfork is a failure as expected. In order for the bitcoin price to go up, the Bitmain/Roger Ver/Wright/anything that could lead to a hardfork/ must die and fail. XT, Classic, Buggy Unlimited, and segwit2x, they all have failed because it's retarded nonsense. This should not be any different. Im not even counting BitmainCoin's hardfork proposal.

After all these morons give up with the HF fud, we will go to $10,000. As long as the stupidity continues, we will stay as we are now or crash indefinitely.

We could go to $10,000 tomorrow, if miners acted accordingly and activated BIP141, or we can continue playing games.

There is no incentive for all miners to destroy the technology. People like Jihan wants his JihanCoin to succeed, so he will go all out to mess

around with Bitcoin Core. {Original Bitcoin} How will merchants and big companies support JihanCoin, if he was part of a group of people who

destroyed a Billion Dollar network? He has to re-think his strategy, because the current plan is going to explode in his face.  Roll Eyes

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July 12, 2017, 02:45:56 PM
 #45

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)
It is supposed to be like that because without enough support segwit will not be activated by august this year.
The only danger we have right now is possible split of bitcoin network after activation of segwit.

 
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July 12, 2017, 02:57:17 PM
 #46

Only if the hardfork is a failure as expected. In order for the bitcoin price to go up, the Bitmain/Roger Ver/Wright/anything that could lead to a hardfork/ must die and fail. XT, Classic, Buggy Unlimited, and segwit2x, they all have failed because it's retarded nonsense. This should not be any different. Im not even counting BitmainCoin's hardfork proposal.

After all these morons give up with the HF fud, we will go to $10,000. As long as the stupidity continues, we will stay as we are now or crash indefinitely.

We could go to $10,000 tomorrow, if miners acted accordingly and activated BIP141, or we can continue playing games.

There is no incentive for all miners to destroy the technology. People like Jihan wants his JihanCoin to succeed, so he will go all out to mess

around with Bitcoin Core. {Original Bitcoin} How will merchants and big companies support JihanCoin, if he was part of a group of people who

destroyed a Billion Dollar network? He has to re-think his strategy, because the current plan is going to explode in his face.  Roll Eyes

i believe what you call his strategy is not a strategy to create a new coin which you are calling Jihan coin Cheesy
his strategy is to prevent or at the very least delay SegWit activation as long as possible, with threats with bullshit like their article about UAHF and hashrate,... but in the end they also have a lot of money at stake. it is not just the mining hashpower it is their mining production line bitmain. they won't be able to sell their thing anymore if they harm bitcoin or its price.

to the moon with bitcoin...
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July 12, 2017, 03:01:13 PM
 #47

Are you aware that if there will be a fork at August 1st, we will have a Bitcoin and a new altcoin?
Meaning, be careful, you may end up holding a shitcoin  Grin


I agree with RoommateAgreement, some of the altcoins bring innovation. Bitcoin has a chance to learn from them.
Of course, there are also too many useless copycat altcoins...

What innovation? Examples?

What can shitcoins do other than bitcoin? Except bankrupting noobs?

to be fair there are a lot of good features in many of the altcoins (i won't name any because i will be accused of advertising it) but if you look around among them and look at their white papers and read the details of the good projects not just see the price you can see there are many innovations there too.
none of them have yet succeeded at anything though. and i believe th reason for it is because of their price and how it becomes a toy in the hands of pumpers.

You don't have to name the shitcoin.

Just tell us there things a certain x coin is doing far better then bitcoin. And cut the blocks time from the list as I already mentioned that as the only advantage.

if something were doing things far better than bitcoin, then it would have replaced bitcoin already. i'm afraid that thing does not exist.
but at the same time it doesn't mean all altcoins have nothing to offer.

example: https://en.wikipedia.org/wiki/Directed_acyclic_graph
and remember there is always advantages and disadvantages to any of these even bitcoin.

So first you say

to be fair there are a lot of good features in many of the altcoins

and then

if something were doing things far better than bitcoin, then it would have replaced bitcoin already. i'm afraid that thing does not exist.

I've asked you for those features in altcoins that would determine a user to use that altcoin instead of bitcoin. One...
And fancy words and wiki links don't count Wink.


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July 12, 2017, 03:01:47 PM
 #48

People cast your vote and lets see the population's point of view on Bitcoin price before August 1.

Here is the poll link https://bitcointalk.org/index.php?topic=2015139.msg20078967#msg20078967

Let us hear what you think.
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July 12, 2017, 03:03:35 PM
 #49

I think there's a big chance that that will happen. Lots of people are fleeing the market right now, by converting their crypto holdings into fiat, because they're scared of the potential hard fork. But I bet they will be kicking themselves when bitcoin goes crazy after august (1st).
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July 12, 2017, 05:40:25 PM
Last edit: July 15, 2017, 03:51:04 PM by andrei56
 #50

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)
If everything goes as planned? Yes but that is a huge if, I do not know if the miners are going to continue with their plan to fork bitcoin, if they do then things will get really complicated for a long time, maybe the two bitcoin will keep on existing and this will only create confusion among the people that are not very informed about crypto news.
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July 12, 2017, 07:12:03 PM
 #51

Already bitcoin is pumping start now.
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July 12, 2017, 10:58:46 PM
 #52

I dont know. But im thinking positive, maybe it will raise the price of bitcoin just like what happen to litecoin's price when it full activated segwit.
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July 12, 2017, 11:05:57 PM
 #53

I dont know. But im thinking positive, maybe it will raise the price of bitcoin just like what happen to litecoin's price when it full activated segwit.

Yes, we need to be positive. We don't need to listen to FUD that is going around saying that bitcoin will crash so hard after the segwit2x implementation. We may see the price goes down, but I don't think it will crash hard and go below sub 1000$. And just like when it was implemented in LTC, the price will surely go up right after the activation.
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July 12, 2017, 11:08:45 PM
 #54

Already bitcoin is pumping start now.

Its going down because people are rushing to secure there positions in the lead up to this.  With all the hype and shit talking about what "could or should" happen has not helped the situation.

Also like said above with bitmain throwing the toys out the pram wanting to split away is a crazy idea.


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July 12, 2017, 11:37:38 PM
 #55

I think there's a big chance that that will happen. Lots of people are fleeing the market right now, by converting their crypto holdings into fiat, because they're scared of the potential hard fork. But I bet they will be kicking themselves when bitcoin goes crazy after august (1st).
The blocksize gives the support to the mass adoption after the hardfork already done smoothly. Those are converting their bitcoin to the fiat must pay more after the hardfork already done. Bitcoin goes crazy after august. They will lose caused by the scary feel. I can't be patience to see the bitcoin touch another ATH in august. That's why the USDT become a trend right now.

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July 13, 2017, 04:04:56 PM
 #56

I dont know. But im thinking positive, maybe it will raise the price of bitcoin just like what happen to litecoin's price when it full activated segwit.
Me too, if everything works like predicted than we might not have to worry about possible hardfork after segwit. Segwit activation have bought positive result on litecoin's price and all other crypto before so bitcoin might get similar uptrend after august 1st.

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July 14, 2017, 01:24:57 PM
 #57

Are you aware that if there will be a fork at August 1st, we will have a Bitcoin and a new altcoin?
Meaning, be careful, you may end up holding a shitcoin  Grin


I agree with RoommateAgreement, some of the altcoins bring innovation. Bitcoin has a chance to learn from them.
Of course, there are also too many useless copycat altcoins...

What innovation? Examples?

No limit (2Gb limit?) for transactions in a block; real anonymity; DAG; mining algorithms that allow every average Joe to mine; faster blocks.
These are just a few things that came into my mind, I am sure that there are many more examples, you just have to try to look around.

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July 14, 2017, 03:15:12 PM
 #58

Only if the hardfork is a failure as expected. In order for the bitcoin price to go up, the Bitmain/Roger Ver/Wright/anything that could lead to a hardfork/ must die and fail. XT, Classic, Buggy Unlimited, and segwit2x, they all have failed because it's retarded nonsense. This should not be any different. Im not even counting BitmainCoin's hardfork proposal.

After all these morons give up with the HF fud, we will go to $10,000. As long as the stupidity continues, we will stay as we are now or crash indefinitely.

We could go to $10,000 tomorrow, if miners acted accordingly and activated BIP141, or we can continue playing games

They will never do this

Since doing this or anything to that tune would be equal to them shooting themselves right in the head. I don't think that many ordinary Bitcoin holders or traders would be against them doing that, but they obviously won't. It is clear as day that they will lay themselves out and leave no stone unturned to defend the profits that they have managed to squeeze from users these last months. If pure SegWit gets activated, their days are basically numbered, that's why we see so frantic, so frenzied and desperate resistance to SegWit activation. Even SegWit2x itself is no more than a trap shrewdly laid on a path to SegWit

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July 14, 2017, 03:42:12 PM
 #59

Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)

I will vote for yes, if most miners signal for segwit and it could be activated before November 15th. We know segwit will resolve bitcoin problems and may become scaling solution. So, I expect more adopters will attracted to this amazing digital currency and more merchants accepted bitcoin payment.
But on the other side, segwit2x get many supports as well, whether it could activated through BIP141 or BIP91 that cause chain split. We will wait and see how segwit-BIP141 will get support by most miners and could it reach 95% of hash power? before the deadline.
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July 14, 2017, 03:46:21 PM
 #60

The biggest threat to bitcoin is miner and corporate centralisation. Though 148 is a noble idea the money and mining grunt is in the hands of others. I don't really see how it's going to succeed myself though i hope it does. If we go full corporate I'm done with it.
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July 14, 2017, 03:50:38 PM
 #61

I think yes, bitcoins after 1st August is unstopable  because the innovations of segwit2x will be activated on bitcoin's network, of course if it will be succesfull and can fix the problem on bitcoin's network (scaling of bitcoins), but if it is fail bitcoins will be like today still there are problem on bitcoin's network, we can not do anything except wait and see what will happen after the activation of segwit2x on 1st August.
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July 14, 2017, 04:23:56 PM
 #62

Pa I think that bitcoin will have a big crash, then break maximums by the decrease of the commissions and the increase of the size of the block
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July 15, 2017, 03:54:26 PM
 #63

Only if the hardfork is a failure as expected. In order for the bitcoin price to go up, the Bitmain/Roger Ver/Wright/anything that could lead to a hardfork/ must die and fail. XT, Classic, Buggy Unlimited, and segwit2x, they all have failed because it's retarded nonsense. This should not be any different. Im not even counting BitmainCoin's hardfork proposal.

After all these morons give up with the HF fud, we will go to $10,000. As long as the stupidity continues, we will stay as we are now or crash indefinitely.

We could go to $10,000 tomorrow, if miners acted accordingly and activated BIP141, or we can continue playing games.
A lot of users want segwit to be activated, myself included, but think about this from the point of view of the miners, they have invested a fortune to mine bitcoin and now the rules of the game are about to be changed and not in their favor so to them it makes sense to defend their interests even if that goes against the wishes of the devs and the community.
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July 15, 2017, 05:18:43 PM
 #64

If we can own one antminer s7 then we won't have problem with mining monopoly. We just want bitcoin to continue and do whaf it's best. What we spend on one mining equipment is enough for all the income that we will get from bitcoin price increase. The problem is they discourage bitcoin mining. But why??
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July 15, 2017, 05:38:16 PM
 #65

Are you aware that if there will be a fork at August 1st, we will have a Bitcoin and a new altcoin?
Meaning, be careful, you may end up holding a shitcoin  Grin


I agree with RoommateAgreement, some of the altcoins bring innovation. Bitcoin has a chance to learn from them.
Of course, there are also too many useless copycat altcoins...

What innovation? Examples?

No limit (2Gb limit?) for transactions in a block; real anonymity; DAG; mining algorithms that allow every average Joe to mine; faster blocks.
These are just a few things that came into my mind, I am sure that there are many more examples, you just have to try to look around.

Whole blockchain is 124gb....2gb blocks are useless.
Try on a testnet with a clone to see how your computer will die trying to scan and add a 2gb block.

Real anonymity...proven to work wonders for monero coin holders.

DAG > https://bitcointalk.org/index.php?topic=1799665.0 see iamnotback post

Mining algorithms ... for what? Who gives a f*** about average Joe?

The only thing is possible faster blocks. Which will take one simple line of code change.
If we pass 1st of  Aug with no problems solving that won't be a problem also.

In the end... altcoins are just shitcoins promising unicorns shitting rainbows


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