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Author Topic: In about 8 days Bitcoin will finally lock in SegWit  (Read 1419 times)
mikenz (OP)
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August 02, 2017, 08:47:07 AM
Last edit: August 02, 2017, 10:35:37 AM by mikenz
 #1

.. a step forward we waited for more than 2 years to see!

And what do brave bitcoiners do? They mourn about a new Altcoin.

What a joke.
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davis196
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August 02, 2017, 11:35:24 AM
 #2

.. a step forward we waited for more than 2 years to see!

And what do brave bitcoiners do? They mourn about a new Altcoin.

What a joke.

Yeah,this is so annoying.I think all the members here will forget about bitcoin cash after a few days.
BCH is doing really well.I`m surprised about this.I was expecting a big failure which isn`t happening.
Bcash is way more successfull compared with Bitcoin unlimited and the best thing is that bitcoin isn`t damaged by this fork.

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August 02, 2017, 02:20:56 PM
 #3

Yes. But there is no point measuring it as successful by the price right now since its transfers are really slow so sellers cannot come to the market.
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August 02, 2017, 06:52:54 PM
 #4

.. a step forward we waited for more than 2 years to see!

And what do brave bitcoiners do? They mourn about a new Altcoin.

What a joke.

Yeah,this is so annoying.I think all the members here will forget about bitcoin cash after a few days.
BCH is doing really well.I`m surprised about this.I was expecting a big failure which isn`t happening.
Bcash is way more successfull compared with Bitcoin unlimited and the best thing is that bitcoin isn`t damaged by this fork.

Bitcoin Cash will crash absolutely,but not in a few days or around that day,
because if you can see the market movement and comunity demand seems like it will exist for more than 2 months after that slowly gone.
Bitcoin Cash 'successfull' not because technical network or something like that,it's 'successfull' because it's created based on a real cryptocurrency and we got it for free.

.. a step forward we waited for more than 2 years to see!

And what do brave bitcoiners do? They mourn about a new Altcoin.

What a joke.

yeah it has been more than 2 years,
but nothing to lose for bitcoiner,even bitcoiner gain a profit from this joke.
i just hope Bitcoin transaction back to normal and segwit activated
and then 'HELLA FAST'

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August 02, 2017, 07:53:48 PM
 #5

Yes. But there is no point measuring it as successful by the price right now since its transfers are really slow so sellers cannot come to the market.
Bitcoin transactions are getting confirmation within few minutes without any issues and fees have dropped considerably even before segwit activation.

Only bitcoincash is having problem with there network because of very few miners interested in mining those shitcoins. I am expecting a huge dump on BCH price when everybody will get chance to deposit their coins in exchange platforms.

 
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August 02, 2017, 09:59:36 PM
 #6

BCH seems already to be on its downturn. Lets look forward to the next free coins on next split in November. Smiley
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August 02, 2017, 10:56:18 PM
 #7

BCH is doing really well.I`m surprised about this.I was expecting a big failure which isn`t happening.
Bcash is way more successfull compared with Bitcoin unlimited and the best thing is that bitcoin isn`t damaged by this fork.

The BCH price did well today on what little liquidity was available. It's still way too early to say that BCH will be doing well. That we will see once the BCH network is fully functional and BCH can be effectively traded and arbitraged. Until then it's not much different from viaBTC's pre-hardfork futures trading.

In general, I agree with OP. Bitcoiners should rejoice about the progress that's happening instead of bitching about their neighbours (that goes for both sides of the fork). But I understand all the focus on BCH. Haven't had that much fun watching crypto drama unfold for quite a while.

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August 02, 2017, 11:34:41 PM
 #8

.. a step forward we waited for more than 2 years to see!

Segwit is a good news for Bitcoin. Let's hope for the best and wait for another November drama

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August 03, 2017, 01:29:13 AM
 #9

BCH seems already to be on its downturn. Lets look forward to the next free coins on next split in November. Smiley

BCH seems to have its own group of supporters. We will know the true position only after a couple of weeks.
Next split in November? What are you talking about?
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August 03, 2017, 02:25:03 AM
 #10

BCH seems already to be on its downturn. Lets look forward to the next free coins on next split in November. Smiley

BCH seems to have its own group of supporters. We will know the true position only after a couple of weeks.
Next split in November? What are you talking about?

Segwit+2mb was the deal, if the 2x part fails then Jihans will create another alt-coin.

It will be shitshow for sure but he will not be making enough money to fund his Bitmain company with an altcoin  Cheesy
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August 03, 2017, 02:47:25 AM
 #11

BCH seems already to be on its downturn. Lets look forward to the next free coins on next split in November. Smiley

BCH seems to have its own group of supporters. We will know the true position only after a couple of weeks.
Next split in November? What are you talking about?

Segwit+2mb was the deal, if the 2x part fails then Jihans will create another alt-coin.

It will be shitshow for sure but he will not be making enough money to fund his Bitmain company with an altcoin  Cheesy

the split that Jihan bitmain was talking about was this BCH split which they used to call UAHF! and since SegWit gained the majority support with the JGarzik proposal they changed their stance and said will continue supporting SegWit and if the 2x part didn't happen they will switch to BCH.
so i don't think there will be another split, just hashrate leaving!

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August 03, 2017, 05:59:22 AM
 #12

.. a step forward we waited for more than 2 years to see!

And what do brave bitcoiners do? They mourn about a new Altcoin.

I also am looking forward in an optimistic way because of Segwit - although my favourite scaling solution is not Lightning but the "Drivechain" mechanism (or, alternatively, extension blocks).

But I think the continuously high price shows us that not many Bitcoiners are really "mourning" - aside from some forum drama queens Wink The buy pressure is high despite some big blockers dumping their BTC.  And it looks like the big money is waiting to jump in (or already jumping in): In the German marketplace Bitcoin.de, for example, after BIP91 got locked in the amounts of the buy orders rose to record level. I expect that to happen again - at all exchanges - when the Segwit blocks are nearing the 95% threshold.

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August 03, 2017, 06:20:49 AM
 #13

.. a step forward we waited for more than 2 years to see!

And what do brave bitcoiners do? They mourn about a new Altcoin.

I also am looking forward in an optimistic way because of Segwit - although my favourite scaling solution is not Lightning but the "Drivechain" mechanism (or, alternatively, extension blocks).

But I think the continuously high price shows us that not many Bitcoiners are really "mourning" - aside from some forum drama queens Wink The buy pressure is high despite some big blockers dumping their BTC.  And it looks like the big money is waiting to jump in (or already jumping in): In the German marketplace Bitcoin.de, for example, after BIP91 got locked in the amounts of the buy orders rose to record level. I expect that to happen again - at all exchanges - when the Segwit blocks are nearing the 95% threshold.

Currently from what I'm seeing also, bcc and btc are still in a high number especially bcc that is still unstable. What i read was that Segwit will lock in at about august 10? Is that right? so I don't think there are yet many big blockers who are making trades in the market until it could be completed. And if so i think altcoins now also will make there move.
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August 03, 2017, 07:26:35 AM
 #14

.. a step forward we waited for more than 2 years to see!

And what do brave bitcoiners do? They mourn about a new Altcoin.

What a joke.

Yeah,this is so annoying.I think all the members here will forget about bitcoin cash after a few days.
BCH is doing really well.I`m surprised about this.I was expecting a big failure which isn`t happening.
Bcash is way more successfull compared with Bitcoin unlimited and the best thing is that bitcoin isn`t damaged by this fork.
Not just bitcoin cash, any fork will not disturb parent or root system and success of new system will be purely based on support of community. Who knows even bitcoin cash may manage into a versatile system and it also may be renamed as bitcoins. Because this is how a fork will work.

I do see bitcoin cash as an experimental how most of the altcoins are existing. If softfork fails to scale after few years then increasing block size like how BCH did, will be the right solution.
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August 03, 2017, 08:42:22 AM
 #15

.. a step forward we waited for more than 2 years to see!

And what do brave bitcoiners do? They mourn about a new Altcoin.

What a joke.

Well, it's about time isn't it.

Honestly BCH was just free money, free altcoin. It really has a much to do with bitcoin than ethereum, monero, or litecoin. Treat it as an altcoin, get money out of it if you can, after all it's a free airdrop and everyone's entitled.

It's been a long long 2 years... I'm just honestly thankful that something is done instead of nothing at all, and more and more postponing.

When SW gets locked in, don't be surprised if the price of each BTC goes over $3000 each finally. I mean technically if you held bitcoin before the fork then the price of BTC + BCH is already over $3000, but still.
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August 03, 2017, 09:58:40 AM
 #16

yeah, if we know the result, why don't we agree to the hard frok in 2 year ago, just like ETH/ETC?
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August 03, 2017, 10:24:53 AM
 #17

After the SegWit locked in (864 blocks more) , when will be that activated? There is no exact date again? They dont mourn on that altcoin. Its just a show.
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August 03, 2017, 10:26:16 AM
 #18

After the SegWit locked in (864 blocks more) , when will be that activated? There is no exact date again? They dont mourn on that altcoin. Its just a show.

Arround the 18-19th of august.

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August 03, 2017, 10:41:42 AM
 #19

.. a step forward we waited for more than 2 years to see!

And what do brave bitcoiners do? They mourn about a new Altcoin.

What a joke.

Yeah,this is so annoying.I think all the members here will forget about bitcoin cash after a few days.
BCH is doing really well.I`m surprised about this.I was expecting a big failure which isn`t happening.
Bcash is way more successfull compared with Bitcoin unlimited and the best thing is that bitcoin isn`t damaged by this fork.
Not just bitcoin cash, any fork will not disturb parent or root system and success of new system will be purely based on support of community. Who knows even bitcoin cash may manage into a versatile system and it also may be renamed as bitcoins. Because this is how a fork will work.

I do see bitcoin cash as an experimental how most of the altcoins are existing. If softfork fails to scale after few years then increasing block size like how BCH did, will be the right solution.
Yes, I think in one day Bitcoin Cash can replace Bitcoin (in current) because the blocksize after SegWit still can't useful with the number user in future when Bitcoin popular than more country or get accept from most country on the world as new payment gate. With 2MB blocksize, the blockchain system will met congested again soon.
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August 03, 2017, 10:44:09 AM
 #20

Progress at last, here's hoping 2x gets honored in a few months!
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