[UPDATED]: The OFFICIAL SegWit2x Lock-in Thread

[mindrust]

If I have my btc stored on my electrum wallet will I be safe from a split? Or should i go with paper?

You are safe when you own the private keys to your Bitcoins. Because when the fork happens you can choose which chain to claim coins on.

That's a bit confusing.

One can claim his bitcoin on any chain he wants as long as he holds the private keys of the "root" bitcoins. I am also too confused with this stuff so i just pulled the plug on anything online. Extracted my priv keys, wrote them down and waiting.

That's the %100 safe way. Don't let your wallets to get connected to the internet.If 2 or more forks happen, you'll have coins on every chain. No need to choose.

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[pixie85]

If I have my btc stored on my electrum wallet will I be safe from a split? Or should i go with paper?

You are safe when you own the private keys to your Bitcoins. Because when the fork happens you can choose which chain to claim coins on.

That's a bit confusing.

One can claim his bitcoin on any chain he wants as long as he holds the private keys of the "root" bitcoins. I am also too confused with this stuff so i just pulled the plug on anything online. Extracted my priv keys, wrote them down and waiting.

That's the %100 safe way. Don't let your wallets to get connected to the internet.If 2 or more forks happen, you'll have coins on every chain. No need to choose.

I'm not that concerned. There won't be a hard fork and there's no need to panic. You won't have access to both chains because there won't be any new chains. That's quite simple really.

[cellard]

If I have my btc stored on my electrum wallet will I be safe from a split? Or should i go with paper?

You are safe when you own the private keys to your Bitcoins. Because when the fork happens you can choose which chain to claim coins on.

That's a bit confusing.

One can claim his bitcoin on any chain he wants as long as he holds the private keys of the "root" bitcoins. I am also too confused with this stuff so i just pulled the plug on anything online. Extracted my priv keys, wrote them down and waiting.

That's the %100 safe way. Don't let your wallets to get connected to the internet.If 2 or more forks happen, you'll have coins on every chain. No need to choose.

Now that BIP91 is kicking in segwit then BIP148/UASF/august 1st deadline is no longer a treat, so you could in theory be able to leave your coins in an exchange or in an online wallet without risking losing the coins due a split and they don't supporting one of the splits but of course, dont be leaving your coins online anyway, better be extra safe than sorry.

[btccashacc]

That's a bit confusing.

One can claim his bitcoin on any chain he wants as long as he holds the private keys of the "root" bitcoins. I am also too confused with this stuff so i just pulled the plug on anything online. Extracted my priv keys, wrote them down and waiting.

That's the %100 safe way. Don't let your wallets to get connected to the internet.If 2 or more forks happen, you'll have coins on every chain. No need to choose.

Now that BIP91 is kicking in segwit then BIP148/UASF/august 1st deadline is no longer a treat, so you could in theory be able to leave your coins in an exchange or in an online wallet without risking losing the coins due a split and they don't supporting one of the splits but of course, dont be leaving your coins online anyway, better be extra safe than sorry.

Good to see that seeing BIP91 has activated and August 1st is not scary anymore,well i transferred all of my coins from exchanger and online wallet to my electrum wallet, i was getting anxious regarding what the future may hold due to BIP148 event, i even sold some of them which is bad, i was just too worried about, for some people who are not technical person/tech savvy it's very confusing to secure and survive in August 1st. I heard that if you don't control your Bitcoin properly some bad things may happen like your bitcoin will be zero due to the wallet choose a wrong chain which is very scary.

[cellard]

That's a bit confusing.

One can claim his bitcoin on any chain he wants as long as he holds the private keys of the "root" bitcoins. I am also too confused with this stuff so i just pulled the plug on anything online. Extracted my priv keys, wrote them down and waiting.

That's the %100 safe way. Don't let your wallets to get connected to the internet.If 2 or more forks happen, you'll have coins on every chain. No need to choose.

Now that BIP91 is kicking in segwit then BIP148/UASF/august 1st deadline is no longer a treat, so you could in theory be able to leave your coins in an exchange or in an online wallet without risking losing the coins due a split and they don't supporting one of the splits but of course, dont be leaving your coins online anyway, better be extra safe than sorry.

Good to see that seeing BIP91 has activated and August 1st is not scary anymore,well i transferred all of my coins from exchanger and online wallet to my electrum wallet, i was getting anxious regarding what the future may hold due to BIP148 event, i even sold some of them which is bad, i was just too worried about, for some people who are not technical person/tech savvy it's very confusing to secure and survive in August 1st. I heard that if you don't control your Bitcoin properly some bad things may happen like your bitcoin will be zero due to the wallet choose a wrong chain which is very scary.

Yes, in the case of BIP148 for example, if BIP148 split happened, and BIP148 won by getting the most hashrate, the legacy chain would reorg, this means the legacy chain would die, ALL transactions every would disappear, this is actually good because there wouldn't be two perpetual chains, but of course, it's bad if you don't know what you are doing and your exchange of choice does not support BIP148.

But right now its pretty safe, nothing will happen, but in any case, I would recommend having your coins locked safely until segwit is officially working within the system so thats around late august.

[Minecache]

What's the latest update please?

[Siren]

What's the latest update please?

BIP91 LOCKED-IN. 154 blocks until rejecting non-SegWit blocks.

https://www.xbt.eu/

Just 154 blocks to go. I think in 2 days time we are sure that 100% will me mined with BIP91.

[Minecache]

What's the latest update please?

BIP91 LOCKED-IN. 154 blocks until rejecting non-SegWit blocks.

https://www.xbt.eu/

Just 154 blocks to go. I think in 2 days time we are sure that 100% will me mined with BIP91.

Thanks. So all gud so far?

[Sniper44]

What's the latest update please?

BIP91 LOCKED-IN. 154 blocks until rejecting non-SegWit blocks.

https://www.xbt.eu/

Just 154 blocks to go. I think in 2 days time we are sure that 100% will me mined with BIP91.

Thanks. So all gud so far?

since the amount of support for SegWit with signalling the BIP141 is very high at the moment (it is almost all of the hashrate which is more than 96%) i think it is safe to say "all is good so far". and things are really starting to look up, and price is showing it too.

[alani123]

The good thing with the recent fights between supporters of each proposal is that SegWit has finally received unanimous approval by all miners. Whether or not BIP91 does go through Segregated Witness will most definitely come through now that miners are in support of it.

[BitcSeo]

i'll keep an eyes on this thread.

Thanks

[basesaw]

The good thing with the recent fights between supporters of each proposal is that SegWit has finally received unanimous approval by all miners. Whether or not BIP91 does go through Segregated Witness will most definitely come through now that miners are in support of it.

True lots of miners now support the proposal for segwit and now we are waiting for the time to come when it will be activated. lets just hope that the momentum will be stop by some fudster.

[btc_angela]

The good thing with the recent fights between supporters of each proposal is that SegWit has finally received unanimous approval by all miners. Whether or not BIP91 does go through Segregated Witness will most definitely come through now that miners are in support of it.

True lots of miners now support the proposal for segwit and now we are waiting for the time to come when it will be activated. lets just hope that the momentum will be stop by some fudster.

Its really incredible how this miners suddenly jumped in and save the day for us. Of course, if they didn't it will literally cost them millions of dollars to begin with. And yes I'd say we are all good now. I agree with the posters saying that it will just be like 2 days before we got the magic number. Funny those miners just waited for literally just 1 week before the looming split of the network. Anyways, the price will really push a lot in the coming days.

[-ck]

Its really incredible how this miners suddenly jumped in and save the day for us.

What's incredible is that you can possibly think that when the very same miners were the ones who held back on activating segwit the proper way, fucking it up for everyone and making a safe process precarious. Even though we're getting segwit, we're now staring down the barrel of a rushed miner code driven hard fork.

[Siren]

What's the latest update please?

BIP91 LOCKED-IN. 154 blocks until rejecting non-SegWit blocks.

https://www.xbt.eu/

Just 154 blocks to go. I think in 2 days time we are sure that 100% will me mined with BIP91.

Thanks. So all gud so far?

So far so good. 141 blocks until rejecting non-SegWit blocks. Really cool so to monitor and see how slowly the process takes but at least it has averted a split of the coins. Let's see how investors will react then. Will there be a panic buying next? I hope so. The price can then go up and maybe push to $3000 or more. Any thoughts about that?

[Minecache]

Its really incredible how this miners suddenly jumped in and save the day for us.

What's incredible is that you can possibly think that when the very same miners were the ones who held back on activating segwit the proper way, fucking it up for everyone and making a safe process precarious. Even though we're getting segwit, we're now staring down the barrel of a rushed miner code driven hard fork.

Hopefully it is clear and concise to all parties that working together is in the best interest of all. The politics of Bitcoin has held this coinage back 2+ years now. Let's scale and build shit.

[Minecache]

What's the latest update please?

BIP91 LOCKED-IN. 154 blocks until rejecting non-SegWit blocks.

https://www.xbt.eu/

Just 154 blocks to go. I think in 2 days time we are sure that 100% will me mined with BIP91.

Thanks. So all gud so far?

So far so good. 141 blocks until rejecting non-SegWit blocks. Really cool so to monitor and see how slowly the process takes but at least it has averted a split of the coins. Let's see how investors will react then. Will there be a panic buying next? I hope so. The price can then go up and maybe push to $3000 or more. Any thoughts about that?

Thanks. My personal opinion is that we all need to work together to scale and build on the Bitcoin protocal. If we do then I belive we will see $4000/BTC by years end. If not its price will be in the dust for a couple of reasons: firstly people will abandon it as they are so sick and tored of all the politics, and secondly they will not trust it as a store of value. SegWitx2 is and was a 11th hour proposal and solution. I was close to quitting Bitcoin myself.

[hv_]

Its really incredible how this miners suddenly jumped in and save the day for us.

What's incredible is that you can possibly think that when the very same miners were the ones who held back on activating segwit the proper way, fucking it up for everyone and making a safe process precarious. Even though we're getting segwit, we're now staring down the barrel of a rushed miner code driven hard fork.

Hopefully it is clear and concise to all parties that working together is in the best interest of all. The politics of Bitcoin has held this coinage back 2+ years now. Let's scale and build shit reputation.

Corrected a bit

[Minecache]

Its really incredible how this miners suddenly jumped in and save the day for us.

What's incredible is that you can possibly think that when the very same miners were the ones who held back on activating segwit the proper way, fucking it up for everyone and making a safe process precarious. Even though we're getting segwit, we're now staring down the barrel of a rushed miner code driven hard fork.

Hopefully it is clear and concise to all parties that working together is in the best interest of all. The politics of Bitcoin has held this coinage back 2+ years now. Let's scale and build shit reputation.

Corrected a bit

I agree. The last few years internal bitchin and trolling of differing politics over Bitcoin did damage it's reputation. It's time to bury our differences and build.

[hatshepsut93]

If I have my btc stored on my electrum wallet will I be safe from a split? Or should i go with paper?

You are safe when you own the private keys to your Bitcoins. Because when the fork happens you can choose which chain to claim coins on.

This is not entirely correct, you can only choose which coins to spend if the fork comes with replay protection, and without it spending coins on either chain will result in the same transaction on another chain. Bitcoin ABC will feature replay protection, but Segwit2x most likely not.

Its really incredible how this miners suddenly jumped in and save the day for us.

What's incredible is that you can possibly think that when the very same miners were the ones who held back on activating segwit the proper way, fucking it up for everyone and making a safe process precarious. Even though we're getting segwit, we're now staring down the barrel of a rushed miner code driven hard fork.

It seems like most people have very poor understanding of what's happening, everyone is cheering and to-the-mooning because they think that chain-split was averted, but maybe the big split just became more real.