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Author Topic: Bitcoin after 1st august = Unstoppable?  (Read 2897 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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