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Author Topic: HERE IS HOW THE FORK WILL HAPPEN.  (Read 6270 times)
JNiks_ZLisa (OP)
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July 26, 2017, 03:08:43 PM
 #41



Yes people are making millions trading in this kind of environment.
Why you not making?
JNiks_ZLisa (OP)
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July 26, 2017, 03:12:21 PM
Last edit: July 26, 2017, 03:27:17 PM by JNiks_ZLisa
 #42

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).

Here is code, 14 days:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/pow.cpp
Code:
unsigned int GetNextWorkRequired(const CBlockIndex* pindexLast, const CBlockHeader *pblock, const Consensus::Params& params)

Ok, need block for difficulty adjustement, also difficulty can change only on 4x maximum each period.
webcrypt
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July 26, 2017, 03:16:52 PM
 #43

Yes people are making millions trading in this kind of environment.
Why you not making?

I am making some. not millions though, Playing markets is a percentage game you get back what you put in and.. can lose what you put in. I put in what I can afford to lose which is not millions.

There are big players that have millions even billions to play with. These are the people that are making the market swing.
JNiks_ZLisa (OP)
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July 26, 2017, 03:28:43 PM
 #44


I am making some. not millions though, Playing markets is a percentage game you get back what you put in and.. can lose what you put in. I put in what I can afford to lose which is not millions.

There are big players that have millions even billions to play with. These are the people that are making the market swing.
This people make price stabile. Stuped "investors" make it unstable.
JNiks_ZLisa (OP)
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July 26, 2017, 03:38:52 PM
 #45

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).

Here is code, 14 days:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/pow.cpp
Code:
unsigned int GetNextWorkRequired(const CBlockIndex* pindexLast, const CBlockHeader *pblock, const Consensus::Params& params)

Ok, need block for difficulty adjustement, also difficulty can change only on 4x maximum each period.

Need to generate 1 block at the and of 15 days period and it will cause 4x difficulty  drop.
It why no one thying to do it now. It will be made after FORK.
It will be little bit longer but it will happen.
If you will make any transaction with you Bitcoins in this period you will get only Bitcoin SEGWIT and lost all Bitcoin CLASSIC of 2014.
Do not update wallet to SEGWIT versions!
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July 26, 2017, 03:47:37 PM
 #46


I am making some. not millions though, Playing markets is a percentage game you get back what you put in and.. can lose what you put in. I put in what I can afford to lose which is not millions.

There are big players that have millions even billions to play with. These are the people that are making the market swing.
This people make price stabile. Stuped "investors" make it unstable.

True. but if it wasn't for "Stuped" investors the price of btc would be very low.. or no existent.  it would be based on the actual practical use of bitcoins which is very low. Might even be just an open source software project where shares are worth 0.

All of the lemmings and bull raving up bitcoins on here are investors or they are just inexperienced.

-The Bulls are raving it up to get the lemmings and sheep to stay in and keep pilling money in.

-The Lemmings are the clueless sheep who believe they are in some ground level secret that will make them rich.

To be honest I am mostly interested in the technology of crypto and the blockchain. I am a tech person absorbing info and trying to find stuff valuable I can offer people with it. Sure I buy on the dips and sell on the peaks and harvest a little money while I am focused on it. Not sure how "Stuped" that is.
JNiks_ZLisa (OP)
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July 26, 2017, 03:49:45 PM
 #47


True. but if it wasn't for "Stuped" investors the price of btc would be very low.. or no existent.  it would be based on the actual practical use of bitcoins which is very low. Might even be just an open source software project where shares are worth 0.

All of the lemmings and bull raving up bitcoins on here are investors or they are just inexperienced.

-The Bulls are raving it up to get the lemmings and sheep to stay in and keep pilling money in.

-The Lemmings are the clueless sheep who believe they are in some ground level secret that will make them rich.

To be honest I am mostly interested in the technology of crypto and the blockchain. I am a tech person absorbing info and trying to find stuff valuable I can offer people with it. Sure I buy on the dips and sell on the peaks and harvest a little money while I am focused on it. Not sure how "Stuped" that is.

All this people will not survive.
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July 26, 2017, 04:32:26 PM
 #48

The world will not die with a bang, but with a whisper. I believe that this soft Fork while it solved many problems, basically since people up for hard Forks in the future. Basically, you get people past the first soft Fork, build up a lot of fear, and then show them there was nothing to be afraid of. Then, after a little more time is past. You start issuing a few more soft Fork here and there.

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JNiks_ZLisa (OP)
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July 26, 2017, 11:47:51 PM
 #49

The world will not die with a bang, but with a whisper. I believe that this soft Fork while it solved many problems, basically since people up for hard Forks in the future. Basically, you get people past the first soft Fork, build up a lot of fear, and then show them there was nothing to be afraid of. Then, after a little more time is past. You start issuing a few more soft Fork here and there.
Problem is: no reason to trust bitcoin-core developers.
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July 27, 2017, 04:07:23 AM
 #50

The world will not die with a bang, but with a whisper. I believe that this soft Fork while it solved many problems, basically since people up for hard Forks in the future. Basically, you get people past the first soft Fork, build up a lot of fear, and then show them there was nothing to be afraid of. Then, after a little more time is past. You start issuing a few more soft Fork here and there.
Problem is: no reason to trust bitcoin-core developers.

You get people desensitized, to code changes, get them to the point where they expect him every few weeks or every few months or whatever, and then once a forking is no big deal, that's when you slam in the hard Fork with the big changes.
JNiks_ZLisa (OP)
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July 27, 2017, 05:22:08 PM
 #51


Problem is: no reason to trust bitcoin-core developers.

once a forking is no big deal

If you have big money it big deal.
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July 27, 2017, 05:24:33 PM
 #52

The world will not die with a bang, but with a whisper. I believe that this soft Fork while it solved many problems, basically since people up for hard Forks in the future. Basically, you get people past the first soft Fork, build up a lot of fear, and then show them there was nothing to be afraid of. Then, after a little more time is past. You start issuing a few more soft Fork here and there.
Problem is: no reason to trust bitcoin-core developers.

yeah, let's trust some random guy that can't even speak english that spams forum with nonsense instead
JNiks_ZLisa (OP)
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July 27, 2017, 05:26:59 PM
 #53

The world will not die with a bang, but with a whisper. I believe that this soft Fork while it solved many problems, basically since people up for hard Forks in the future. Basically, you get people past the first soft Fork, build up a lot of fear, and then show them there was nothing to be afraid of. Then, after a little more time is past. You start issuing a few more soft Fork here and there.
Problem is: no reason to trust bitcoin-core developers.

yeah, let's trust some retard that can't even speak english that spams forum with nonsense instead
Successful people talk about facts. Unsuccessful people talk about people.
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July 27, 2017, 06:13:10 PM
 #54

fact: core devs have kept bitcoin safe and segwit has made the price skyrocket

you suggest going back to some old ass insecure version for no reason other than segwit conspiracy theory paranoia

you are going to need more than that to convince me to run outdated software
JNiks_ZLisa (OP)
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July 27, 2017, 07:23:06 PM
 #55

fact: core devs have kept bitcoin safe and segwit has made the price skyrocket
How you know?
you are going to need more than that to convince me to run outdated software
Only well tested and trustable software.
iluvpie60
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July 27, 2017, 07:48:57 PM
 #56

This feels like it'll be a damn cluster fuck.

To be completely honest, it feels like there is more cluster FING going around by trolls and or paid trolls. Ithink once the update happens there really won't be almost any drama.

we are in the middle of pre-drama and it is worse than what is really gonna happen.
JNiks_ZLisa (OP)
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July 27, 2017, 08:39:47 PM
 #57

This feels like it'll be a damn cluster fuck.

To be completely honest, it feels like there is more cluster FING going around by trolls and or paid trolls. Ithink once the update happens there really won't be almost any drama.

we are in the middle of pre-drama and it is worse than what is really gonna happen.
People are not able to correctly assess information. People respond to the tone and keywords like animals.
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July 27, 2017, 09:09:57 PM
 #58

- snip -
Need to generate 1 block at the and of 15 days period and it will cause 4x difficulty  drop.
- snip -

Not true.

Difficulty adjusts after 2016 blocks.  NOT after 15 days.

If blocks happen at near NORMAL speed (average 1 block every nearly 10 minutes) then difficulty adjusts after approximately 14 days:
2016 blocks * 10 minutes = 20160 minutes = 336 hours = 14 days

If there is not enough hash power and therefore blocks take longer, then difficulty takes longer to adjust.

2016 blocks * average 40 minutes per block = 80640 minutes = 1344 hours = 56 days until difficulty adjusts 4X

See code here:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/pow.cpp#L19

Specifies params.DifficultyAdjustmentInterval:
Code:
// Only change once per difficulty adjustment interval
    if ((pindexLast->nHeight+1) % params.DifficultyAdjustmentInterval() != 0)
{
    ...

params.DifficultyAdjustmentInterval calculated here:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/consensus/params.h#L63
Code:
int64_t DifficultyAdjustmentInterval() const { return nPowTargetTimespan / nPowTargetSpacing; }

nPowTargetTimespan is set here:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/chainparams.cpp#L79
Code:
consensus.nPowTargetTimespan = 14 * 24 * 60 * 60;
Note: 14*24*60*60 = 1209600

nPowTargetSpacing is set here:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/chainparams.cpp#L80
Code:
consensus.nPowTargetSpacing = 10 * 60;
Note: 10 * 60 = 600

So, DifficultyAdjustmentInterval = 1209600 / 600 = 2016

So, adjustment happens when:
(pindexLast->nHeight+1) === 2016

In other words...

Only once every 2016 blocks.
JNiks_ZLisa (OP)
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July 27, 2017, 09:22:25 PM
 #59

- snip -
Need to generate 1 block at the and of 15 days period and it will cause 4x difficulty  drop.
- snip -

Not true.

Difficulty adjusts after 2016 blocks.  NOT after 15 days.

If blocks happen at near NORMAL speed (average 1 block every nearly 10 minutes) then difficulty adjusts after approximately 14 days:
2016 blocks * 10 minutes = 20160 minutes = 336 hours = 14 days

If there is not enough hash power and therefore blocks take longer, then difficulty takes longer to adjust.

2016 blocks * average 40 minutes per block = 80640 minutes = 1344 hours = 56 days until difficulty adjusts 4X

See code here:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/pow.cpp#L19

Specifies params.DifficultyAdjustmentInterval:
Code:
// Only change once per difficulty adjustment interval
    if ((pindexLast->nHeight+1) % params.DifficultyAdjustmentInterval() != 0)
{
    ...

params.DifficultyAdjustmentInterval calculated here:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/consensus/params.h#L63
Code:
int64_t DifficultyAdjustmentInterval() const { return nPowTargetTimespan / nPowTargetSpacing; }

nPowTargetTimespan is set here:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/chainparams.cpp#L79
Code:
consensus.nPowTargetTimespan = 14 * 24 * 60 * 60;
Note: 14*24*60*60 = 1209600

nPowTargetSpacing is set here:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/chainparams.cpp#L80
Code:
consensus.nPowTargetSpacing = 10 * 60;
Note: 10 * 60 = 600

So, DifficultyAdjustmentInterval = 1209600 / 600 = 2016

So, adjustment happens when:
(pindexLast->nHeight+1) === 2016

In other words...

Only once every 2016 blocks.

Need to make blockchain split just before Difficulty adjusts, then (after 15 days) generate 1 block.
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July 27, 2017, 10:43:06 PM
 #60

Need to make blockchain split just before Difficulty adjusts, then (after 15 days) generate 1 block.

How many blocks during those 15 days?

If blockchain splits then there will be less hash power.

If there is less hash power, then blocks will be slower.

If blocks are slower, then it takes more than 15 days for difficulty adjustment.
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