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Author Topic: Will bitcoin split on 1th august or no?  (Read 3702 times)
loews (OP)
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July 20, 2017, 05:30:30 PM
 #1

can someone tell me if btc will split on 1th of august or nah?
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July 20, 2017, 05:31:25 PM
Last edit: July 21, 2017, 01:52:00 AM by webtricks
 #2

can someone tell me if btc will split on 1th of august or nah?

Have Patience!!  Cheesy

Edit: BIP91 or Segwit2x has been successfully locked in with 93% miners' support. Now UASF has no relevance left. Go enjoy your vacations, nothing gonna happen on August 1st now. Get prepared for November. Cheesy
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July 20, 2017, 05:33:27 PM
 #3

can someone tell me if btc will split on 1th of august or nah?

Read this fucking topic everything in details

https://bitcointalk.org/index.php?topic=2017191.0

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July 20, 2017, 05:35:28 PM
 #4

can someone tell me if btc will split on 1th of august or nah?
No, don't worry.
It was just bluff.

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July 20, 2017, 05:36:26 PM
 #5

can someone tell me if btc will split on 1th of august or nah?
It is posible and I think that will split but I have not enough info to be sure of this

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July 20, 2017, 05:51:01 PM
 #6

No it will not. BIP 91 which is what's being signalled now and might well be locked in by the end of the day ensures that.

There will be a hard fork but that creates a new coin, not a chain split.
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July 20, 2017, 05:53:43 PM
 #7

can someone tell me if btc will split on 1th of august or nah?
It is quite unlikely to happen but we should wait till the actual date to find out about it, its just speculation right now everybody is waiting for actual activation date that is 1st august so you should also wait till that time.
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July 20, 2017, 06:00:30 PM
 #8

can someone tell me if btc will split on 1th of august or nah?

It will not split but price will increase more  Wink
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July 20, 2017, 06:06:24 PM
 #9

I believe so. Bitcoincash.org

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July 20, 2017, 06:08:08 PM
 #10

I believe so. Bitcoincash.org

That's a fork. Not a split. It's self declared new coin.

Don't go scaring the younglings.
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July 20, 2017, 06:11:43 PM
 #11

There will be a hard fork but that creates a new coin, not a chain split.

So if the hard fork creates a new coin, will the bitcoin holders be able to claim these coins? For example, if I am having 10 BTC with me, will I be able to claim 10 new coins using my private key?

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
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July 20, 2017, 06:14:08 PM
 #12

So if the hard fork creates a new coin, will the bitcoin holders be able to claim these coins? For example, if I am having 10 BTC with me, will I be able to claim 10 new coins using my private key?

Yes but only if you control your private keys. Coinbase have already said they're not bothering.

Bitcoin Cash wallet options look to be very limited at present. I don't know if any of the most common wallets will bother to incorporate it in time so you'd have to export keys. I'd go for a paper wallet and transfer keys from there into whatever Bitcoin Cash wallets are available. It looks like their client and something called Electrum Cash right now.
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July 20, 2017, 06:17:03 PM
 #13

So if the hard fork creates a new coin, will the bitcoin holders be able to claim these coins? For example, if I am having 10 BTC with me, will I be able to claim 10 new coins using my private key?

Yes but only if you control your private keys. Coinbase have already said they're not bothering.

Bitcoin Cash wallet options look to be very limited at present. I don't know if any of the most common wallets will bother to incorporate it in time so you'd have to export keys. I'd go for a paper wallet and transfer keys from there into whatever Bitcoin Cash wallets are available. It looks like their client and something called Electrum Cash right now.

I have already exported my private keys from my Blockchain.info wallet, and so I guess it will be easier for me to claim the Bitcoin Cash coins. Anyway, I don't want to waste any opportunity to earn Bitcoin Cash, as I have seen Ethereum Classic giving good returns to those who invested in it.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
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July 20, 2017, 06:17:27 PM
 #14

Don't panic and just have some patience we will only know it on first august but you have to keep in mind that segwit2x is just a soft fork and not a hardfork so it will not split the network itself. Only few miner may continue mining new bitcoin clone using old bitcoin blockchain after segwit activation.

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July 20, 2017, 06:20:31 PM
 #15

I have already exported my private keys from my Blockchain.info wallet, and so I guess it will be easier for me to claim the Bitcoin Cash coins. Anyway, I don't want to waste any opportunity to earn Bitcoin Cash, as I have seen Ethereum Classic giving good returns to those who invested in it.

It's definitely the most interesting thing to emerge in recent times. It's kind of odd how few people are talking about it. It's going to be fascinating to see how it plays out.
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July 20, 2017, 06:35:02 PM
 #16

Don't panic and just have some patience we will only know it on first august but you have to keep in mind that segwit2x is just a soft fork and not a hardfork so it will not split the network itself. Only few miner may continue mining new bitcoin clone using old bitcoin blockchain after segwit activation.

SegWit2X is this.

Stage 1 -- lock in (currently in progress).
Stage 2 -- activation.
Stage 3 -- hard fork.

I must however point out that the actual hard fork will happen roughly 3 months after activation, so from that point of view, we shouldn't cheer to soon. Step 1 and 2 are the easiest and least risky steps. After that we'll likely face another period of fud and uncertainties. I just want this scaling obstacle to finally get wiped off the table, but as long as the hard fork hasn't kicked in, things are not yet over. On the other hand, the volatility that these uncertainties bring are quite profitable, so I have to nurse myself with the opportunities being offered to me.
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July 20, 2017, 07:07:19 PM
 #17

I have already exported my private keys from my Blockchain.info wallet, and so I guess it will be easier for me to claim the Bitcoin Cash coins. Anyway, I don't want to waste any opportunity to earn Bitcoin Cash, as I have seen Ethereum Classic giving good returns to those who invested in it.
It's definitely the most interesting thing to emerge in recent times. It's kind of odd how few people are talking about it. It's going to be fascinating to see how it plays out.
Yes, many similar discussion similar, it resulting that our best preparation for facing thru this are backup your wallet on your own computer.
Although whatever happens afterwards, everything is still under your own control.
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July 20, 2017, 07:25:05 PM
 #18

I believe so. Bitcoincash.org

That's a fork. Not a split. It's self declared new coin.

Don't go scaring the younglings.


its nothing to be scared of.  its great thing

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July 20, 2017, 07:48:38 PM
 #19

Don't panic and just have some patience we will only know it on first august but you have to keep in mind that segwit2x is just a soft fork and not a hardfork so it will not split the network itself. Only few miner may continue mining new bitcoin clone using old bitcoin blockchain after segwit activation.

How is that? Having BIP 91 locked-in, 2MB hard fork for Segwit2x is expected to happen around November 18.
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July 20, 2017, 07:50:00 PM
 #20

How is that? Having BIP 91 locked-in, 2MB hard fork for Segwit2x is expected to happen around November 18.

I think the 2mb hard fork is going to introduce a brand new morass of arguing and FUD. Whatever agreement exists now is likely to be splintered by that.
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