HERE IS HOW THE FORK WILL HAPPEN.

[JNiks_ZLisa]

we had a strong consensus in Bitcoin community

Not really. Mining pools and modern bitcoin-core developers trying to push his opinion. But not only this people in community.

[19Nov16]

It looks like an interesting analysis, but I'm optimistic hard fork will not happen and of course the exchanger will try to secure the account because they do not want to lose the business.

[JNiks_ZLisa]

they do not want to lose the business.

Not realy, sometime it happen, Mt Gox and now btc-e.com

[mobnepal]

It looks like an interesting analysis, but I'm optimistic hard fork will not happen and of course the exchanger will try to secure the account because they do not want to lose the business.

Hard fork is still possible but all these bitcoin clones can't compete with bitcoin if we look at current support level segwit have.

Bitcoin exchange platform might keep all those free clones or give them to their respected owners if there will be network split. But to give those free coins to their users they have to add those clones in trading pairs which most of the platform might not do.

[Mpamaegbu]

3-4 months ago, poloniex had explained that they were ready for hard fork and they will also issue the splitted bitcoin one. But this time, they're very silent and we don't know what will happen to our bitcoins.

Of a truth, Poloniex has become criminally silent on this and other important matters of concern. The support system has broken down and no complaints or query seem to be getting resolved lately. I am just concerned and worried that the worse may happen with Polo in days to come.

[BitcoinBarrel]

Bitcoin is the Rai Stones of Cryptocurrencies. Sure, newer and different "Coins" will come out that are possibly easier and quicker to transact... but just like Rai Stones, Bitcoin's value will continue to appreciate in value.

[okbit]

If Bitcoin forks it will be a killer for everyday user acceptance. Non cryptogeeks barely understand Bitcoin, talk to them about two different Bitcoins and they will turn away for sure.

[JNiks_ZLisa]

If Bitcoin forks it will be a killer for everyday user acceptance. Non cryptogeeks barely understand Bitcoin, talk to them about two different Bitcoins and they will turn away for sure.

Many people forced to use bitcoin. But "investors" yes, can run away.

[Hammonds]

I'm sure even if fork really happens, most investors still choose bitcoin core, because altcoin is still relies on bitcoin core. If indeed Bitcoin unlimited win maybe altcoin will fall apart, it seems altcoin will also experience a price reset.

Because bip91 is already process and successful, it shows most miners are still very support bitcoin core, yes until really limit its supply later.

[rext]

Also Exchangers position about fall of "soft fork" is not clean.

is it safe to let big sums in exchanger these days?

It's not really safe, it has a hole, it can become a big hole that kills your money. That is what makes many people wonder when choosing a fork.

[JNiks_ZLisa]

I'm sure even if fork really happens, most investors still choose bitcoin core, because altcoin is still relies on bitcoin core. If indeed Bitcoin unlimited win maybe altcoin will fall apart, it seems altcoin will also experience a price reset.

Because bip91 is already process and successful, it shows most miners are still very support bitcoin core, yes until really limit its supply later.

Bitcoin core SEGWIT or Bitcoin core of 2014?
Possible to get both.

[cryptoboy123]

ELI5 please.
1) Can I put my btc onto a desktop wallet and receive BCC? If so, which wallet do you recommend? 2) How much BCC/BTC do I receive (i.e. 1 BTC = 1 free BCC)?
Thanks

[webcrypt]

You know how many newbies are going to be burnt and throw fits and claim bitcoin is a scam, get ready for the news outlets to pick up on it and a price drop.

Bitcoin is extremely volatile and people are making millions over night on that. Much of the media outlets are in on it, just like Wall st. Sell just before bad news and buy just before good news. Along with other pump and dump schemes.

Just another speculative market.

Of a truth, Poloniex has become criminally silent on this and other important matters of concern. The support system has broken down and no complaints or query seem to be getting resolved lately. I am just concerned and worried that the worse may happen with Polo in days to come.

Exchanges usually have the most problems and support tickets as people try to turn crypto into cash. My guess is they are flooded with support tickets with everyone wanting to get money out and waiting for the last week, day, min to do it.

I bet all the exchanges are swamped with problems.

[ClownSpider]

You only need the Bitcoin Core wallet on your computer.  Then if anyone gives a shit about this other new currency, you can get the wallet for that later at anytime if you have your private keys.

Nobody gives a shit about Koinye, or Litecoin..or other less know alt coins.
Bitpay, overstock, gyft, purse, Lamboghini, McLaren, Richard Branson,,, all accept BITCOIN.. not litecoin.. not etherm and not whatever new bullcrap Fork Fags make.

Only Bitcoin has wide acceptance.
Only Bitcoin has the payment processors accepting it.
Not even Etherum is accepted at coffee shops and car dealers.


webcrypt   Bitcoin is NOT making millions overnight. 
Bitcoin has been around for YEARS and grown bigger and stronger, with more and more payment processes accepting it.
Not so with other currencies.   Stop trying to trash talk with your uninformed BS.

[JNiks_ZLisa]

ELI5 please.
1) Can I put my btc onto a desktop wallet and receive BCC? If so, which wallet do you recommend? 2) How much BCC/BTC do I receive (i.e. 1 BTC = 1 free BCC)?
Thanks

Keep away from BCC, it untested untrustable software can steal your money.
BITCOIN-CORE OF 2014 https://github.com/bitcoin/bitcoin/releases/tag/v0.9.1 only trustable at this moment.

[soul-impact]

It looks like an interesting analysis, but I'm optimistic hard fork will not happen and of course the exchanger will try to secure the account because they do not want to lose the business.

I've been worried about the changes that are going to happen with bitcoin, and I'm worried that the value of it will drop sharply, however, with what's happening, I can be sure. About bitcoin, it will not have too many changes.

[Proton2233]

Bitcoin has been around for many years and during that time has proved its right to exist. I do not believe that after 1 August we will see the plug. It is not beneficial to all. I hope that after that date we will see a sharp price increase of bitcoin and reduce the cost of transaction which will make it even more attractive.

[Freefactomizer]

Need wait 15 days for difficulty fall:

If hashrate falls, you won't be able to mine the blocks needed to reach next difficulty adjustement (that happens every 2016 blocks).

[JNiks_ZLisa]

Need wait 15 days for difficulty fall:

If hashrate falls, you won't be able to mine the blocks needed to reach next difficulty adjustement (that happens every 2016 blocks).

15 days. In wiki wrong information.

Code:

unsigned int GetNextWorkRequired(const CBlockIndex* pindexLast, const CBlockHeader *pblock)
{
    unsigned int nProofOfWorkLimit = Params().ProofOfWorkLimit().GetCompact();

    // Genesis block
    if (pindexLast == NULL)
        return nProofOfWorkLimit;

    // Only change once per interval
    if ((pindexLast->nHeight+1) % nInterval != 0)
    {
        if (TestNet())
        {
            // Special difficulty rule for testnet:
            // If the new block's timestamp is more than 2* 10 minutes
            // then allow mining of a min-difficulty block.
            if (pblock->nTime > pindexLast->nTime + nTargetSpacing*2)
                return nProofOfWorkLimit;
            else
            {
                // Return the last non-special-min-difficulty-rules-block
                const CBlockIndex* pindex = pindexLast;
                while (pindex->pprev && pindex->nHeight % nInterval != 0 && pindex->nBits == nProofOfWorkLimit)
                    pindex = pindex->pprev;
                return pindex->nBits;
            }
        }
        return pindexLast->nBits;
    }

    // Go back by what we want to be 14 days worth of blocks
    const CBlockIndex* pindexFirst = pindexLast;
    for (int i = 0; pindexFirst && i < nInterval-1; i++)
        pindexFirst = pindexFirst->pprev;
    assert(pindexFirst);

    // Limit adjustment step
    int64_t nActualTimespan = pindexLast->GetBlockTime() - pindexFirst->GetBlockTime();
    LogPrintf("  nActualTimespan = %d  before bounds\n", nActualTimespan);
    if (nActualTimespan < nTargetTimespan/4)
        nActualTimespan = nTargetTimespan/4;
    if (nActualTimespan > nTargetTimespan*4)
        nActualTimespan = nTargetTimespan*4;

    // Retarget
    CBigNum bnNew;
    bnNew.SetCompact(pindexLast->nBits);
    bnNew *= nActualTimespan;
    bnNew /= nTargetTimespan;

    if (bnNew > Params().ProofOfWorkLimit())
        bnNew = Params().ProofOfWorkLimit();

    /// debug print
    LogPrintf("GetNextWorkRequired RETARGET\n");
    LogPrintf("nTargetTimespan = %d    nActualTimespan = %d\n", nTargetTimespan, nActualTimespan);
    LogPrintf("Before: %08x  %s\n", pindexLast->nBits, CBigNum().SetCompact(pindexLast->nBits).getuint256().ToString());
    LogPrintf("After:  %08x  %s\n", bnNew.GetCompact(), bnNew.getuint256().ToString());

    return bnNew.GetCompact();
}

New download address of the only secure version of 2014:
https://bitcoin.org/bin/insecure/bitcoin-core-0.9.1/

[webcrypt]

webcrypt   Bitcoin is NOT making millions overnight. 
Bitcoin has been around for YEARS and grown bigger and stronger, with more and more payment processes accepting it.
Not so with other currencies.   Stop trying to trash talk with your uninformed BS.

If btc has a market cap of 41,000,000,000 it drops 10% and goes up 10% in 36hrs. That is 4,100,000,000 that vanished and came back. Yes people are making millions trading in this kind of environment. Yes that is millions of dollars, hundreds of millions

It is called “Pump and Dump” people get rich from it.

You are like a noob in their first speculative bubble. Like the guy in love with all of his Bennie Babies.