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Author Topic: [2017-07-21]BIP 91 Activated to End the Civil War?  (Read 9637 times)
hl5460
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July 21, 2017, 09:27:28 AM
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According to Coin.dance, 903 of last 1000 blocks are signaling support for Segwit2x and therefore BIP 91 is activated following the consensus mechanism. Market shows positive feedback to the news as the price soared to around 19,800 CNY from 16,200 and stands 18,800 at press time. However, viewers should be aware that the activation of BIP 91 might not be the end of civil war.

The achievement doesn’t come easy if you look at the historical chart of Segwit2X. Only 5 out 1,000 blocks signaled support for “Segwit2X” on 17th June.


http://news.8btc.com/bip-91-activated-to-end-the-civil-war

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July 21, 2017, 01:31:50 PM
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Mining bitcoin in china is being very profitable, so profitable that these guys now have decided to fight, they are looking like mafia

"Jiang also revealed screenshot of blackmail, which is believed from the DDOS attacker. The attacker claimed to be a top whitehat organization and the attack was a result of “many previous warning went un-responded”. The mail demanded F2pool to lower PPS fee and stopped “draining benefits from miners"


I hope they end these fights as soon as possible.


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July 21, 2017, 05:05:03 PM
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It has a happy ending for all now with the current news happening and bitcoin has been aware of this since late last night

Time for all the celebration memes to come out in FULL FORCE NOW.

Que the Leonardo Dicaprio New years eve bash pics now! Grin
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July 21, 2017, 09:11:39 PM
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Definitely not. Every industry where big money is involved in, will continue to be subject to a regular dose of drama and fud. In this case it's well justified for people to share their excitement regarding the lock in and soon the activation of SegWit, but things can still get messed up big time as a 2MB hard fork is part of the SegWit2X proposal. This basically means that we'll soon experience a massive boost due to the activation of SegWit, where we later might go through a heavy storm again, before the hard fork kicks in. That's why I prefer to keep my conservativeness overflowing till we FINALLY managed to complete the upgrade.
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July 22, 2017, 03:10:00 AM
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Definitely not. Every industry where big money is involved in, will continue to be subject to a regular dose of drama and fud. In this case it's well justified for people to share their excitement regarding the lock in and soon the activation of SegWit, but things can still get messed up big time as a 2MB hard fork is part of the SegWit2X proposal. This basically means that we'll soon experience a massive boost due to the activation of SegWit, where we later might go through a heavy storm again, before the hard fork kicks in. That's why I prefer to keep my conservativeness overflowing till we FINALLY managed to complete the upgrade.

This is just part of human nature. As long as there would be money to be made or a business to kept flowing, there would always be some sort of struggles. Though, of course, we are hoping that it will not be like a Civil War where the usual casualties are the many small players or in this case small Bitcoin holders like you and me.

Yes, there will always be drama but that is just part of the dynamism involved in the business and something we should not actually avoid. Drama, spread of FUD and lies, accusations and counter-accusations and anything in between are actually making our Bitcoin life more interesting and colorful. Until of course, they hurt our pockets and that can be a different story.
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July 22, 2017, 08:06:33 AM
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Definitely not. Every industry where big money is involved in, will continue to be subject to a regular dose of drama and fud. In this case it's well justified for people to share their excitement regarding the lock in and soon the activation of SegWit, but things can still get messed up big time as a 2MB hard fork is part of the SegWit2X proposal. This basically means that we'll soon experience a massive boost due to the activation of SegWit, where we later might go through a heavy storm again, before the hard fork kicks in. That's why I prefer to keep my conservativeness overflowing till we FINALLY managed to complete the upgrade.

Agreed. Let not just celebrate. I still cautious of what is happening, definitely BIP91 is locked and just a few more blocks before Segwit wil be activated. Others say that the hard fork has been averted, and the price going to the moon. But I don't know what I still have the feeling that everything is not ok. The whole drama will be hit us again, that's what I believed and I don't know how the market will react to this.

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July 24, 2017, 09:20:49 AM
 #7

It has a happy ending for all now with the current news happening and bitcoin has been aware of this since late last night

Time for all the celebration memes to come out in FULL FORCE NOW.

Que the Leonardo Dicaprio New years eve bash pics now! Grin

Maybe it's too early to celebrate.

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July 24, 2017, 05:54:26 PM
 #8

It has a happy ending for all now with the current news happening and bitcoin has been aware of this since late last night

Time for all the celebration memes to come out in FULL FORCE NOW.

Que the Leonardo Dicaprio New years eve bash pics now! Grin

Maybe it's too early to celebrate.

Very early to celebrate. There are still no details and no certainty. That the network has become stable. I think that until the autumn we will observe the ups and downs of the price amid conflicting news

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iamTom123
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July 24, 2017, 06:21:36 PM
 #9

Definitely not. Every industry where big money is involved in, will continue to be subject to a regular dose of drama and fud. In this case it's well justified for people to share their excitement regarding the lock in and soon the activation of SegWit, but things can still get messed up big time as a 2MB hard fork is part of the SegWit2X proposal. This basically means that we'll soon experience a massive boost due to the activation of SegWit, where we later might go through a heavy storm again, before the hard fork kicks in. That's why I prefer to keep my conservativeness overflowing till we FINALLY managed to complete the upgrade.

Agreed. Let not just celebrate. I still cautious of what is happening, definitely BIP91 is locked and just a few more blocks before Segwit wil be activated. Others say that the hard fork has been averted, and the price going to the moon. But I don't know what I still have the feeling that everything is not ok. The whole drama will be hit us again, that's what I believed and I don't know how the market will react to this.

It is really important that we be cautious as the whole drama may not yet be over as it is quite possible that some miners can be hiding some of their cards under their sleeves and they may strike just when we thought that it is already safe to dance and celebrate. Of course, we all wish that things will be fine on and after August 1 but nothing wrong with being prepared for the worst. Let's just hope that there will be no group of miners who will decide to rock the boat where they are sitting on.
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