Roger Ver and UASF

[OmegaStarScream]

I rarely visit twitter but I came across Roger ver account and I saw his description, he is basically an investor in multiple services such as Kraken, Blockchain.com (which associated with blockchain.info), Purse.io and much more. I believe he is not really supporting UASF? In that case, It would be wiser to withdraw our funds from these services until we see what happens? I don't really know how much influence he has as an investor but just a thought..

[1714699708]

1714699708

[pawel7777]

UASF has zero miners support. If you're hoping for Luke jr to create you a new altcoin with new algo, then yes, withdraw your funds to a private wallet, so you can get your share of UASFcoin when/if they split away from Bitcoin.

[Lauda]

UASF has zero miners support.

False. Near-zero support is the correct wording (a few blocks signalling BIP148 have been mined).

If you're hoping for Luke jr to create you a new altcoin with new algo, then yes, withdraw your funds to a private wallet, so you can get your share of UASFcoin when/if they split away from Bitcoin.

Regardless of what will happen, one should always keep coins in a private wallet anyways.

[hv_]

He might 'support' UASF in a way, that it either fails shitty or he might get rid of some ranters..

[orarider]

UASF has zero miners support. If you're hoping for Luke jr to create you a new altcoin with new algo, then yes, withdraw your funds to a private wallet, so you can get your share of UASFcoin when/if they split away from Bitcoin.

Only private wallets are allowed to enjoy the benefits of the change. That is why few people use web wallet.

[Kprawn]

You will have to support the technology or fork that are being supported by the majority of the people or you will be sitting with worthless coins.

No matter what you support now, you will have to move to whatever chain is the longest. People have all these hangups with all the different

implementations, but in the end they move to the longest or most supported chain/fork. 

[BillyBobZorton]

I rarely visit twitter but I came across Roger ver account and I saw his description, he is basically an investor in multiple services such as Kraken, Blockchain.com (which associated with blockchain.info), Purse.io and much more. I believe he is not really supporting UASF? In that case, It would be wiser to withdraw our funds from these services until we see what happens? I don't really know how much influence he has as an investor but just a thought..

He is obviously not supporting UASF. And yes, you should obivously get your coins out of all exchanges, regardless of if they support UASF or not. You simply can't risk having coins in exchanges at any time, let alone when the hardfork FUD is all over the place, because you never know if the FUD will trigger exist scams in exchange providers, so get the coins and get the fuck out.

[Carlton Banks]

You will have to support the technology or fork that are being supported by the majority of the people or you will be sitting with worthless coins.

No matter what you support now, you will have to move to whatever chain is the longest. People have all these hangups with all the different

implementations, but in the end they move to the longest or most supported chain/fork. 

You've got that ass-backwards


The miners must mine the fork with the economic majority transacting on it, otherwise they will end up mining blocks for a blockchain that no-one is using. Vires in Numeris.

[Variogam]

The miners must mine the fork with the economic majority transacting on it, otherwise they will end up mining blocks for a blockchain that no-one is using. Vires in Numeris.

Obviously miners going to support the NYA economic majority, millions of people using NYA participant services. Now compare it with few radicals (maybe hundreds) lead with luke-jr which have almost zero economic activity in comparsion to the NYA group.

So get ready to SegWit2x, labeled as Bitcoin by almost everybody (except the few radical zealots of course).

[bitKaBoom]

Probably, you are right. Will go to his twitter today and read, what's up in there.

[freebutcaged]

You will have to support the technology or fork that are being supported by the majority of the people or you will be sitting with worthless coins.

No matter what you support now, you will have to move to whatever chain is the longest. People have all these hangups with all the different

implementations, but in the end they move to the longest or most supported chain/fork. 

You've got that ass-backwards


The miners must mine the fork with the economic majority transacting on it, otherwise they will end up mining blocks for a blockchain that no-one is using. Vires in Numeris.

I'll bet that you wanted to use that phrase for a long time now where it actually fits the conversation, imagine you have a full stadium with

150,000 people and all of a sudden every one goes walking dead on you, strength also could be found by consistency and stability.

Is Veritaseum somehow related to him or not? anyways what influence an investor could have on a system with a limited supply?

Answer is, as soon as he sells out he has no longer any leverage and by holding, well he would be just that a hodler nothing more.

[Kprawn]

You will have to support the technology or fork that are being supported by the majority of the people or you will be sitting with worthless coins.

No matter what you support now, you will have to move to whatever chain is the longest. People have all these hangups with all the different

implementations, but in the end they move to the longest or most supported chain/fork.  

You've got that ass-backwards


The miners must mine the fork with the economic majority transacting on it, otherwise they will end up mining blocks for a blockchain that no-one is using. Vires in Numeris.

Strength in Numbers are applicable to all the role players in this scene, not just the miners. The users will determine the fate of all the third party

service providers and the miners too. Let's say the JihanCoin succeeds and Jihan points all his hashing power at it, but nobody trusts him, then

his coins will have no value. I am just saying the most popular chain {most users} will have the most action. {stating the obvious}  

[HabBear]

I rarely visit twitter but I came across Roger ver account and I saw his description...

This should be read as - I thought I'd start a thread about Roger Ver so I went to his Twitter feed to get information to discuss or bitch about.

Come on, if you're rarely on twitter how do you just come across that account unless you're looking for it.

he is basically an investor in multiple services such as Kraken, Blockchain.com (which associated with blockchain.info), Purse.io and much more. I believe he is not really supporting UASF? In that case, It would be wiser to withdraw our funds from these services until we see what happens? I don't really know how much influence he has as an investor but just a thought..

I know he supports a fork, but I don't know about his real support for the various options. He's mentioned quite a bit in Nathaniel Popper's book Digital Gold, Roger's been involved in Bitcoin and varioius related businesses from very early on. The book states that at one point during a crash from $5 (maybe?) high point Roger was buying heavily into the sell off to help support the price.

I don't think his influence is greater than others that have been around as long and involved as much, but obviously the anyone with bitcoin related businesses, that have been contributed so much to Bitcoin can have a voice in the marketplace.

[Iranus]

The amount of hash rate currently signalling for UASF is negligible, and almost no exchanges or merchants seem to care about UASF anyway.  Most of the hype about it is generated by discussion on Bitcointalk and Reddit, but I doubt that the wider Bitcoin community has much engagement with it.

Regardless of what you think of SegWit and the concept of UASF, it should stand to reason that UASF succeeding is just a dream, and that it's very dangerous to attempt a chain split without proper consensus.

You should always keep your coins in your own wallet, but I don't see this as the main reason to do it.  

[OmegaStarScream]

This should be read as - I thought I'd start a thread about Roger Ver so I went to his Twitter feed to get information to discuss or bitch about.

Come on, if you're rarely on twitter how do you just come across that account unless you're looking for it.

I honestly don't see why would I lie about this? I was on Bitrefill twitter page checking If they made any announcements regarding their android app because It's being a while now. Twitter has this thing on the right side "You may also like" and you can refresh multiple times, I was refreshing until I got his name and since I see it often on Reddit, I clicked...

[BillyBobZorton]

The amount of hash rate currently signalling for UASF is negligible, and almost no exchanges or merchants seem to care about UASF anyway.  Most of the hype about it is generated by discussion on Bitcointalk and Reddit, but I doubt that the wider Bitcoin community has much engagement with it.

Regardless of what you think of SegWit and the concept of UASF, it should stand to reason that UASF succeeding is just a dream, and that it's very dangerous to attempt a chain split without proper consensus.

You should always keep your coins in your own wallet, but I don't see this as the main reason to do it.  

UASF is already a success, because it killed the bitcoin unlimited narrative, and it got anti-segwit people accepting the segwit reality. Of course, they couldn't just accept BIP141 as the correct way to get segwit in, they had to create more drama with segwit2x hardfork.

The resolution will happen soon. If they are stupid enough to hardfork, the dumbasses that hold frankensegwitcoin will lose their money and the people that hold the real bitcoin will get richer.

[Meuh6879]

On my SLOTS, i have :
60% of UASF
29,9% of Knots
10% of Bitcoin Core
0,1% of classic & BU

  Battle for 2Mb will be impossible.
Like BU and XT, same pattern : insert coin & try again.


But battle on 1st August, it will be a show, for sure.

[ActiveP]

I rarely visit twitter but I came across Roger ver account and I saw his description, he is basically an investor in multiple services such as Kraken, Blockchain.com (which associated with blockchain.info), Purse.io and much more. I believe he is not really supporting UASF? In that case, It would be wiser to withdraw our funds from these services until we see what happens? I don't really know how much influence he has as an investor but just a thought..

Sound advice, he may have put a lot of money investing in the crypto but he did not arrive until about 2011 I think. He beats his chest like he is the first "bitcoin investor". I doubt he has that much influence over the aforementioned companies. That said, it is better to be safe than sorry.

[HabBear]

That's fair, I was being a bit snarky.

You're asking about Roger Ver's point of view or intentions related to any upcoming fork scenario, here's a commentary from Roger on that topic while also responding to Craig Wright's talk on The Future of Bitcoin and the conference in June.

Roger's take on the talk is significantly more concise and impressive that Craig Wright's actual talk (which I personally found disappointing and troubling).

Roger has some very specific, logical thoughts on the future. Give it a listen, he's the first guest: https://letstalkbitcoin.com/blog/post/the-crypto-show-with-roger-ver-on-craig-wrights-the-future-of-bitcoin-speech

This should be read as - I thought I'd start a thread about Roger Ver so I went to his Twitter feed to get information to discuss or bitch about.

Come on, if you're rarely on twitter how do you just come across that account unless you're looking for it.

I honestly don't see why would I lie about this? I was on Bitrefill twitter page checking If they made any announcements regarding their android app because It's being a while now. Twitter has this thing on the right side "You may also like" and you can refresh multiple times, I was refreshing until I got his name and since I see it often on Reddit, I clicked...