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ChironRegera
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July 18, 2017, 09:43:44 PM |
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Yup ... hello hard fork! Intention is greater than 80% for Segwit2x but the reality is BIP 141 only has 43% support.
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FiendCoin (OP)
Sr. Member
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Activity: 462
Merit: 263
The devil is in the detail.
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July 19, 2017, 02:03:27 AM |
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Here's another one, Aug 1st will be fun! https://www.bitcoincash.org/
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"Darkness is good. Dick Cheney. Darth Vader. Satan. That's power." -Steve Bannon
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Paashaas
Legendary
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Activity: 3566
Merit: 4704
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July 19, 2017, 02:28:04 AM |
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This is another major bluff from Jihan. I'm pretty sure he will stick to Core and Segwit.
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pooya87
Legendary
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Activity: 3626
Merit: 10994
Crypto Swap Exchange
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July 19, 2017, 03:11:09 AM |
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things are starting to get pretty dumb actually! bitmain says they are supporting SegWit2x with all their nodes running the btc1 client and then they want to support BCC too at the same time! how is that even possible! BCC (bitcoinCash) is not supposed to have SegWit...
the link that article gave calling it "code on github" is just an empty page explaining a bunch of stuff, it is not CODE!
it seems more like ViaBTC is the only one offering any real hashrate and that only comes from the "cloudmining" contracts. LOL
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FiendCoin (OP)
Sr. Member
Offline
Activity: 462
Merit: 263
The devil is in the detail.
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July 19, 2017, 03:39:02 AM |
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This is another major bluff from Jihan. I'm pretty sure he will stick to Core and Segwit.
The Jihan cartel just don't give up, you kind of got to admire that (just a little) lol
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"Darkness is good. Dick Cheney. Darth Vader. Satan. That's power." -Steve Bannon
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dreamhouse
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July 19, 2017, 04:03:10 AM |
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looks like these stupids want to use that opportunity to launch an altcoin, what a mess it will be.
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krishnapramod
Legendary
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Activity: 1470
Merit: 1079
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July 19, 2017, 04:11:49 AM |
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Bitmain's contingency plan against UASF was UAHF. According to the below statement UAHF would be deployed if Segwit2x fails to activate Segwit or BIP 148 has the majority, right now it is Segwit2x all the way. If BIP148 activates then UAHF will be alive on the same day. The UAHF chain will protect the economic transactions that are under risk of reorganization because of UASF. Later, we will support the activation of SegWit on the UAHF chain if there is no patent risk associated with SegWit and if the arbitrary discount rate of witness data segment is removed. The ABC specification falls in line with mining hardware manufacturer Bitmain’s hard fork protection plan against a User Activated Soft Fork (UASF), but Bitmain has not officially endorsed the ABC project. Bitcoin ABC is a full node implementation of the Bitcoin protocol. We have removed the controversial SegWit code, replacing it with a simple, sensible, adjustable blocksize cap. ViaBTC's UAHF plan doesn't have Segwit. If I am right there would be a UAHF only if Segwit2x fails. Bitmain UAHF, ViaBTC UAHF, let more pools come up with their own UAHF and create Bitcoin ABC, EFG, or XYZ. Still there be only one Bitcoin and rest alts.
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d5000
Legendary
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Activity: 4088
Merit: 7481
Decentralization Maximalist
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July 19, 2017, 05:36:15 AM |
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I'm against chain splits and I hope it doesn't become the new "norm" to solve a conflict. Now, if this fork happens, at least it seems that it is branded a little bit in a different way than Bitcoin. So it will be clear from the beginning that it's an altcoin.
I don't support it, but I like the idea of a Bitcoin Unlimited/Emergent Consensus altcoin (and have stated that in the past) - simply to test in the wild if it works or not. If they don't try to confuse users that they are the "original"/"real" Bitcoin (and I think they have no chance anyway), then - why not? Let them fork.
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hatshepsut93
Legendary
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Activity: 3038
Merit: 2161
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July 19, 2017, 05:54:55 AM |
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Bitmain's contingency plan against UASF was UAHF. According to the below statement UAHF would be deployed if Segwit2x fails to activate Segwit or BIP 148 has the majority, right now it is Segwit2x all the way. If BIP148 activates then UAHF will be alive on the same day. The UAHF chain will protect the economic transactions that are under risk of reorganization because of UASF. Later, we will support the activation of SegWit on the UAHF chain if there is no patent risk associated with SegWit and if the arbitrary discount rate of witness data segment is removed. The ABC specification falls in line with mining hardware manufacturer Bitmain’s hard fork protection plan against a User Activated Soft Fork (UASF), but Bitmain has not officially endorsed the ABC project. Bitcoin ABC is a full node implementation of the Bitcoin protocol. We have removed the controversial SegWit code, replacing it with a simple, sensible, adjustable blocksize cap. ViaBTC's UAHF plan doesn't have Segwit. If I am right there would be a UAHF only if Segwit2x fails. Bitmain UAHF, ViaBTC UAHF, let more pools come up with their own UAHF and create Bitcoin ABC, EFG, or XYZ. Still there be only one Bitcoin and rest alts. Segwit2x is the biggest problem, since it's a direct attempt to takeover Bitcoin, other forks are a smoke screen to scare people from potential forks (all this FUD that Bitcoin will crash if there will be split), while presenting Segwit2x as true Bitcoin. The real fight will be when miners with their 85% hashing power will fork into 2mb blocks in November, I hope people won't get themselves fooled.
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Xester
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July 19, 2017, 06:44:18 AM |
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This token may be a good instrument to protect their customer of the possible incoming bitcoin split. If ever the split will occur their clients have a token which can be converted back to the winning version of bitcoin.It is a good concept but somehow it is not necessary since it works just like fiat currency. But if you are using ViaBTC then that will be a good sign that the website is thinking of its users safety.
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RoommateAgreement
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July 19, 2017, 07:09:05 AM |
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i am very interested to know if they are really going to go through with that or is it just threats to scare people, specially the UASF thing!
when i think about it, forking like this can not be wise nor profitable for them. their fork will surely never gain any decent support no matter what. no support means low price. and with the huge difficuly of bitcoin it is already hard for miners to make money and if their Forked coin value is very low they can never sustain it.
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Buying the dip...
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DooMAD
Legendary
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Activity: 3934
Merit: 3190
Leave no FUD unchallenged
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July 19, 2017, 07:25:14 AM |
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a direct attempt to takeover Bitcoin
Oh joy, another ignorant fool who doesn't understand the fundamental concepts of "permissionless" or "consensus" that Bitcoin is built upon. I shall continue to curb-stomp your kind as I find you. There is no such thing as a takeover in a system where anyone can run whatever software they want. I'll just have to keep repeating myself until it sinks in. Your primitive idea of control is wholly and undeniably flawed.
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NeuroticFish
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Looking for campaign manager? Contact icopress!
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July 19, 2017, 07:51:58 AM |
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This is another major bluff from Jihan. I'm pretty sure he will stick to Core and Segwit.
Jihan will stay where the money is. He tries to play divide et impera games to weaken Bitcoin and the market, trying to accumulate more wealth. He will position himself good enough to stay on the winning side even if it's not the side his propaganda would "like".
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MyMoneyShark
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Spectiv VR Crowdsale: 08/14/17
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July 19, 2017, 09:50:05 AM |
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Segwit2x is the biggest problem, since it's a direct attempt to takeover Bitcoin, other forks are a smoke screen to scare people from potential forks (all this FUD that Bitcoin will crash if there will be split), while presenting Segwit2x as true Bitcoin. The real fight will be when miners with their 85% hashing power will fork into 2mb blocks in November, I hope people won't get themselves fooled.
So, the REAL BTC will be that BTC with most hashrate power?
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LFC_Bitcoin
Legendary
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Activity: 3710
Merit: 10403
#1 VIP Crypto Casino
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July 19, 2017, 10:09:35 AM |
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This is another major bluff from Jihan. I'm pretty sure he will stick to Core and Segwit.
Jihan will stay where the money is. He tries to play divide et impera games to weaken Bitcoin and the market, trying to accumulate more wealth. He will position himself good enough to stay on the winning side even if it's not the side his propaganda would "like". Absolutely true, the guy is a manipulator. No way will he walk away from Core. It'd be business suicide.
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Lucius
Legendary
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Activity: 3416
Merit: 6135
Crypto Swap Exchange🈺
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July 19, 2017, 10:34:59 AM |
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This is another major bluff from Jihan. I'm pretty sure he will stick to Core and Segwit.
Jihan will stay where the money is. He tries to play divide et impera games to weaken Bitcoin and the market, trying to accumulate more wealth. He will position himself good enough to stay on the winning side even if it's not the side his propaganda would "like". I agree with your opinion,we see in recent days how they manipulate with price just to buy more cheap BTC and now price is going up again.There is many games playing in the background and only thing that matters to most big players is how to profit in this situation. I think that none of them wanted something bad to BTC,although there are those who think they are the smartest and that their thinking is only right.Imagine if all of them try to do something together to the benefit of the total crypto community. I hope that all will end in the best possible way for users and that BTC will become more stronger then before,no more down-only up
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BitcoinHodler
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July 19, 2017, 10:53:38 AM |
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Segwit2x is the biggest problem, since it's a direct attempt to takeover Bitcoin, other forks are a smoke screen to scare people from potential forks (all this FUD that Bitcoin will crash if there will be split), while presenting Segwit2x as true Bitcoin. The real fight will be when miners with their 85% hashing power will fork into 2mb blocks in November, I hope people won't get themselves fooled.
So, the REAL BTC will be that BTC with most hashrate power? not exactly. things aren't as simple as that. so you can't say big hashpower has the most power and small hashpower has the least or no power. there are a lot of factors that will play a role in this. the high hashpower helps a lot because it is securing the chain against splitting, 51% attacks, etc. but as i said other factors such as nodes on the network which are crucial, exchanges to list these and then the price that will be decided on these exchanges, and finally one of the important ones: merchants. which one they choose can easily change a lot of things. and in fact splitting bitcoin, or even threat of splitting can mean they stop using bitcoin for good no matter what happens! so it may end up being a lose-lose scenario instead of one side winning...
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Holding Bitcoin More Every Day
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hv_
Legendary
Offline
Activity: 2534
Merit: 1055
Clean Code and Scale
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July 19, 2017, 10:56:38 AM |
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Segwit2x is the biggest problem, since it's a direct attempt to takeover Bitcoin, other forks are a smoke screen to scare people from potential forks (all this FUD that Bitcoin will crash if there will be split), while presenting Segwit2x as true Bitcoin. The real fight will be when miners with their 85% hashing power will fork into 2mb blocks in November, I hope people won't get themselves fooled.
So, the REAL BTC will be that BTC with most hashrate power? not exactly. things aren't as simple as that. so you can't say big hashpower has the most power and small hashpower has the least or no power. there are a lot of factors that will play a role in this. the high hashpower helps a lot because it is securing the chain against splitting, 51% attacks, etc. but as i said other factors such as nodes on the network which are crucial, exchanges to list these and then the price that will be decided on these exchanges, and finally one of the important ones: merchants. which one they choose can easily change a lot of things. and in fact splitting bitcoin, or even threat of splitting can mean they stop using bitcoin for good no matter what happens! so it may end up being a lose-lose scenario instead of one side winning... Always think of 2 safeties here technical = hash-power AND economical = long term physical investments + energy
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Carpe diem - understand the White Paper and mine honest. Fix real world issues: Check out b-vote.com The simple way is the genius way - Satoshi's Rules: humana veris _
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eXpl0sive
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July 19, 2017, 11:02:55 AM |
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Let's boycott this one. I can't say how happy I would be to see it dying with no real user support.
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