flag39
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July 14, 2017, 08:16:07 PM |
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No i don't like it
I am not sure if this will be last fork
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jackg
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July 14, 2017, 08:23:05 PM |
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No i don't like it
I am not sure if this will be last fork
It probably won't be the last. It's the first, but probably not the last. If the block size changes or there are other changes like that, another fork may be required.
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joseafonso123az
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July 14, 2017, 08:34:17 PM |
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The uncertainty of 1st August is really not making me happy If two coins will exist, hopefully we will get informed for the best practices around here ! Nevertheless, Btc or whatever name it will have after will continue to have potential after 1st August, just have to stabilize all these fork post-changes.
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Nougat
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July 14, 2017, 10:19:55 PM |
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What is the best way to prepare for two chains? If I transfer BTC to a core desktop wallet before 8/1, How do I make sure I can spend them on both chains? Will there be a different wallet program compatible with the core wallet.dat?
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jackg
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July 14, 2017, 10:38:51 PM |
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What is the best way to prepare for two chains? If I transfer BTC to a core desktop wallet before 8/1, How do I make sure I can spend them on both chains? Will there be a different wallet program compatible with the core wallet.dat?
All you have to do before august 1st is ensure that you put the coins somewhere you can have full control of them (as in own the private keys that they are based on). If Core is too big, I suggest something like Electrum. There are tutorials from electrum as to how to deal with the forked currency as well. If you want to guarentee it, you could use a pre-segiwt compatible wallet and a regular wallet and use these to get two different currencies from it. Although, a better option would just be to change the nodes that each wallet connects to and keep them changed to access the two different coins after the chain split (there should be lists somewhere of what currency each node will support after the split and presumably there will be one or two nodes that are trusted and have both cores on the same IP just coming out of different ports). The current bitcoin core is compatible with both as the "old" currency is the one that is being used now and the "new" currency must be compatible with the core for this to be successful.
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xskl0
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Bitcoin SV is Bitcoin
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July 14, 2017, 11:05:49 PM |
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Let's see what happen, will be interesting
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YOYOY
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July 14, 2017, 11:51:23 PM |
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I voted with mixed feelings, because in the first place it will just only coming and we do not know if it's real and if it really happens it seems not good because is there really a bitcoin doubler? It seems fishy because who might give bitcoin doubler in a site?
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LouVandetta
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July 15, 2017, 12:29:07 AM |
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Well, it's hard to predict the future. Actually no one can do that.
What we can do now is to secure our bitcoin, and wait for what's to come. I know a lot of people are afraid of august 1st. It can't be helped.
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aTriz
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July 15, 2017, 01:12:23 AM |
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...will be launched on the 1st of August. Are you happy with this?
Bitcoin doubler isn't such a good word, maybe use a more technical term. It is pretty hard to predict what will happen in the future but this definitely seems possible and the prospect of this happening isn't that unlikely. What is the best way to prepare for two chains? If I transfer BTC to a core desktop wallet before 8/1, How do I make sure I can spend them on both chains? Will there be a different wallet program compatible with the core wallet.dat?
Well in preparation for August the first, the one thing you must have access to your private keys so I would definitely recommend a buying a ledger wallet or trezor wallet so you will have access to your private keys, which gives you certainly that you won't lose your bitcoin through a hard fork, which is what segwit is. There is
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hatshepsut93
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July 15, 2017, 01:23:02 AM |
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...will be launched on the 1st of August. Are you happy with this?
More like "altcoin airdrop", as all Bitcoin owners will get a new altcoin for free, if it will actually survive the chain split. But as for USD value, it's not unlikely that even combined price of BTC + new altcoin will be below current price for some time. And it's hard to say what would be in an alternative scenario with no fork planned, because current price to some extent was formed by news and plans to improve Bitcoin in the near future.
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Dhimas Kanjeng
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July 15, 2017, 04:07:43 AM |
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Doubler program is very risky, because it is gambling, I tried several times to follow doubler program and finally got scam and regret.
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jaysabi
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July 15, 2017, 05:31:40 AM |
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Basically I do not know yet what it is bitcoin doubler, but it sounds will very profitable for us. But I wonder how it will work, whether it has a positive or negative impact on bitcoin for the future.
Splitting into two chains doesn't mean you're going to double your money. Each coin's price is going to be determined by market forces, and there's more of a chance that the confusion and loss of confidence associated with a split will cause an overall loss of value than it will for both currencies to continue to appreciate.
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AiWanChu
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July 15, 2017, 05:37:48 AM |
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this will be way worse than the ETH drama split.. just get your FIAT ready and buy the super cheap bitcoins, and wait for 6 months, and bam you are wealthy
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Amph
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July 15, 2017, 05:38:12 AM |
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What are the pros of miners NOT adopting segwit come Aug 1? I'm not sure I understand why they would not want to adopt Segwit as it would speed up transactions significantly.
well they would lose on current amount of fee, if bitcoin can proceed more transactions per seconds, this is a reason, another reason is that they don't like the LN that will come with segwit other miners are against the 2mb hard fork that coem with segwit2x, it's a bit of a mess, with everyone with their our opinion, the consensus mechaninc here is splittng the chain apart
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jaysabi
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July 15, 2017, 05:59:25 AM |
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this will be way worse than the ETH drama split.. just get your FIAT ready and buy the super cheap bitcoins, and wait for 6 months, and bam you are wealthy Remember when everyone said that about houses? "Can't lose money buying house." "Houses never drop in value." "Just buy a house and wait for a couple years, then flip it and count your money all the way to the bank." It worked until it didn't. 2007/2008 was a rude awakening for folks trying to cash in with no work and little common sense. Don't be blind like those people.
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jackg
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July 15, 2017, 03:00:32 PM |
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this will be way worse than the ETH drama split.. just get your FIAT ready and buy the super cheap bitcoins, and wait for 6 months, and bam you are wealthy Remember when everyone said that about houses? "Can't lose money buying house." "Houses never drop in value." "Just buy a house and wait for a couple years, then flip it and count your money all the way to the bank." It worked until it didn't. 2007/2008 was a rude awakening for folks trying to cash in with no work and little common sense. Don't be blind like those people. Just wait for the start of the crash and buy of there instead (if there even is one). And yes, there are many attempts people have taken to sayyou should buy certain assets and hold them for as long as possible, most of the time, market predicitions eventually fail at some point.
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Come-from-Beyond (OP)
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July 16, 2017, 06:33:48 AM |
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Splitting into two chains doesn't mean you're going to double your money.
Fiat-wise, but number of bitcoins will still double.
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crazyivan
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July 16, 2017, 06:49:01 AM |
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I really do not understand why do you spread lies and FUD. ATM, SegWit2x support s almost 90% and even more miners ll join in the next few days. So at 95% support, for example, HOW THE FUCK WILL BTC FORK?
You people need to read a bit before you spread FUD on the forum. Unless this is intentional FUD.
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Come-from-Beyond (OP)
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July 16, 2017, 07:14:51 AM |
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I really do not understand why do you spread lies and FUD. ATM, SegWit2x support s almost 90% and even more miners ll join in the next few days. So at 95% support, for example, HOW THE FUCK WILL BTC FORK?
You people need to read a bit before you spread FUD on the forum. Unless this is intentional FUD.
I was about to offer you a bet but then recalled that it's unclear if I'll be able to send you bitcoins on the chain you prefer... Do you know what economic majority is and how it differs from the miners who care only about (short-term) profits?
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crazyivan
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July 16, 2017, 07:24:05 AM |
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I really do not understand why do you spread lies and FUD. ATM, SegWit2x support s almost 90% and even more miners ll join in the next few days. So at 95% support, for example, HOW THE FUCK WILL BTC FORK?
You people need to read a bit before you spread FUD on the forum. Unless this is intentional FUD.
I was about to offer you a bet but then recalled that it's unclear if I'll be able to send you bitcoins on the chain you prefer... Do you know what economic majority is and how it differs from the miners who care only about (short-term) profits? You have not answered my question, if 95% of miners signal SegWit2x, how would fork take place? There has to be some form of decision making in BTC community, miners have invested millions into their gear, they relay transactions and secure the network. They have a lot to lose if BTC gets destroyed. Who else should have a decision making rights? An average Joe holding 0.2 BTC? How would this work?
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