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Author Topic: Possibility of lost coins after August split.  (Read 995 times)
Catmony
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July 16, 2017, 05:48:44 PM
 #21

If btc is split, btc still exists and so btc transactions will not lose any btc, but btc prices will certainly decrease.
Split of network doesn't always mean decrease in price, it seems that the panic dump by weak hands is now over and segwit activation is actually a good step towards solving block size debates so price of bitcoin can go really high if activation goes well.

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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LodisMcguire
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July 16, 2017, 06:30:42 PM
 #22

Just wait for the storm to subside,we don't want something bad to happen
If the coin is on your wallet and you have the private key,it's safe,but if it's in exchange wallet we don't know what will happen
So just move your coin to wallet and don't do any transaction before the segwit done
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July 16, 2017, 06:48:00 PM
 #23

Once more, there will be NO split, at least not a permanet form.

Just take at SegWit2x signaling data. https://coin.dance/blocks

87.7% signal SegWit2x and this ration will grow till August 1. How the fuck will Bitcoin fork? Cause 2% of miners will signal something else?Huh

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July 16, 2017, 06:55:50 PM
 #24

If bitcoin is splitted after August,and someone send the btc to some other btc address during this period, will those in trasit btc lost for ever?


It's too risky to make any transactions or move any bitcoins the day before or after the fork. You could lose them in the process. One of the coins will most likely become worthless and the other will recover but we don't know which will survive.
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