Bitcoin november hard fork?

[ShadowBits]

Will bitcoin hard fork in November result in a third coin forked out from "Bitcoin"?

Another segwit means another new altcoin ,thats exciting
meaning well be able to have that new coin equals to how many btc we have in the exchange..
means another extra profit

[lucifochrome]

Is the price of bitcoin going to be largely afffected by this fork in november?

[BillyBobZorton]

Is it truly essential for BTC to hard fork again to increase the size of the blocks? Wasnt Segwit enough already?

If Jeff Garzik and his people were sensible, they should delay the November hard fork and think about it further. Segwit2x should also provide replay protection for its users. I heard there was none. Is this true? Why dont they want it to have replay protection?

Jeff Garzik is a government puppet trying to get on top of the Bitcoin main branch development by stealing Bitcoin Core's hardwork and putting all of his "blockchain analysis" crap (google Jeff Garzik bloq) into the protocol.

Anyone defending segwit2x is a government shit or a retard, and must, and will, be stopped.

Miners are already defecting to avoid the disaster of 3 bitcoins and a massive price crash, nobody with a brain wants to be part of that, because they know they are going to piss a lot of people, maybe the wrong people.

Wang Chung from f2pool has already rejected the agreement and he is being threatened by Bitmain already:

https://twitter.com/f2pool_wangchun/status/902993967460925440

https://twitter.com/WhalePanda/status/905051845596471296

Segwit2x will fail just like all the other unnecessary hardfork attempts, and they will pay for the damage caused to Bitcoin holders.

[illyiller]

Is the price of bitcoin going to be largely afffected by this fork in november?

Markets hate uncertainty. If there is uncertainty around a potential network split, contentious fork, etc. then I would expect that to be reflected in the market. We are still months away from the fork, though, so for now we can continue rallying to new highs. But come late October, I expect there to be some hedging against disaster.

Segwit2x will fail just like all the other unnecessary hardfork attempts, and they will pay for the damage caused to Bitcoin holders.

Let's hope so. I'll say this: the forkers are getting better. XT was a joke and was easy to fight. Now we've got major mining pools fighting one another. Large services at odds with one another. And even internal struggles.... I saw the CEO and CTO of BitGo duking it out on Twitter yesterday. The interests behind Segwit2x are much more powerful than any previous fork attempt.

[Beparanf]

Is the price of bitcoin going to be largely afffected by this fork in november?

Markets hate uncertainty. If there is uncertainty around a potential network split, contentious fork, etc. then I would expect that to be reflected in the market. We are still months away from the fork, though, so for now we can continue rallying to new highs. But come late October, I expect there to be some hedging against disaster.

Segwit2x will fail just like all the other unnecessary hardfork attempts, and they will pay for the damage caused to Bitcoin holders.

Let's hope so. I'll say this: the forkers are getting better. XT was a joke and was easy to fight. Now we've got major mining pools fighting one another. Large services at odds with one another. And even internal struggles.... I saw the CEO and CTO of BitGo duking it out on Twitter yesterday. The interests behind Segwit2x are much more powerful than any previous fork attempt.

After the August hard fork ,i was not really afgected anymore in any issues regarding any correction or split . I will just keep on watching and believe that btc can recover in any storm .

[marados]

How will the price of BTC be affected? And how about altcoins? Will we get more "free" money, just like it happened with BCH?

[maokoto]

Another fork should mean another thing similar to BCH, which means free altcoins to sell for more BTC . Not bad, as BCH thing was somewhat profitable for BTC holders.

[Iranus]

this is why blockstream employees can no longer deny that they control bitcoin

They still don't control it.  Quote from Bitcoin Core:

We strongly advise users not to download any Bitcoin full-node software claiming to be an ‘upgrade’ to Bitcoin’s consensus rules without carefully considering the impact of the proposed changes on the Bitcoin system and the level of community support for it.

See?  "Strongly advise", but they can't actually forcibly prevent anyone from running that client.

Wang Chung from f2pool has already rejected the agreement

So he might claim, but the blocks are still suggesting that they support NYA.  I would take his words with a pinch of salt.

[BillyBobZorton]

Is the price of bitcoin going to be largely afffected by this fork in november?

Markets hate uncertainty. If there is uncertainty around a potential network split, contentious fork, etc. then I would expect that to be reflected in the market. We are still months away from the fork, though, so for now we can continue rallying to new highs. But come late October, I expect there to be some hedging against disaster.

Segwit2x will fail just like all the other unnecessary hardfork attempts, and they will pay for the damage caused to Bitcoin holders.

Let's hope so. I'll say this: the forkers are getting better. XT was a joke and was easy to fight. Now we've got major mining pools fighting one another. Large services at odds with one another. And even internal struggles.... I saw the CEO and CTO of BitGo duking it out on Twitter yesterday. The interests behind Segwit2x are much more powerful than any previous fork attempt.

Jeff Garzik is convinced that he has enough hashrate and corporations behind him to turn btc1 into the official BTC.

f2pool is already out, we got some time to see more actors dropping from the agreement. If we end up with 3 Bitcoins it's going to be a mess, the market will crash and all the visible heads behind Segwit2x are going to be hated by every long term holder, and there's billions worth of long term holders that are going to be pissed at them. I hope they know what they are getting into, but hopefully we can avoid Segwit2x and continue to ATH with no drama.

[Halcyon Days]

Hello everyone, thanks for all your posts; however, I am still confused.

The Seqwit2x hard fork in November will create another altcoin. If I understood it correctly, there will be:
1) Bitcoin with Seqwit2x
2) Bitcoin as it is now.
Which of these are considered to be the original BTC and what is the name of the other one? Which developers and communities support which coin?

I would appreciate any comment on the topic.

[hatshepsut93]

Hello everyone, thanks for all your posts; however, I am still confused.

The Seqwit2x hard fork in November will create another altcoin. If I understood it correctly, there will be:
1) Bitcoin with Seqwit2x
2) Bitcoin as it is now.
Which of these are considered to be the original BTC and what is the name of the other one? Which developers and communities support which coin?

I would appreciate any comment on the topic.

SegWit2x is promised to be backed by some businesses and 85-90% of miners. It has no support from Bitcoin developers. It also doesn't mean that even it's supporters will treat SegWi2x as original Bitcoin, because if it will be traded on exchange against the original Bitcoin and if it will be weaker, it will open a huge arbitrage opportunity, which would cause a huge loses to supporters of 2x. It's also worth to mention that SegWit2x has less than 200 nodes.

Bitcoin as of now is supported by thousands of businesses all over the world, a huge team of developers and contributors and thousands of full nodes. There are no signs that Bitcoin community is going to switch to 2x, so that fork will have only a fraction of Bitcoin's ecosystem and economic strength.

[Victorycoin]

Does this mean another airdrop just like what happen last August, we need a fork that will solve our existing problem right now but this is not good for bitcoin to have so many fork the price get unstable every time there's news of new fork

It is interesting to see you finally looked up and realized everything can't be all about free money or airdrop. The proponents of Segwix2x are pushing to have their way with the network at all cost even if that means closing the door against  the core foundation of Bitcoin, which is exactly what Segwix2x is all about.

[pinkflower]

lets clear this matter up

replay protection is not needed!

Excuse me but lets not get into the politics and the counter propaganda. Isnt it dangerous for the users not to have replay protection in case of another fork happening? That would be unfair for some of them because there are some who dont want to use Segwit2x coins. Is the concern for the safety of our coins one of the objectives of the hard fork?

and as for replay protection, it is not needed if the fork has the overwhelming majority support. just the same way SegWit fork didn't need replay protection. the 2 MB hard fork is unclear now. we have to wait to see what will happen in reality. if nobody is left mining the 1 MB blocks there is no need for replay protection! but if the support falls below the current >95% then yes it is mandatory to have replay protection.

Segwit was a soft fork and its backwards compatible, while Segwit2x is a hard fork that could hurt BTC users because theres no replay protection in case the blockchain splits. Thats an important distinction.

Where does 95% of the support for Segwit2x come from? Does it come from the community?

[Ejanend]

this is why blockstream employees can no longer deny that they control bitcoin

They still don't control it.  Quote from Bitcoin Core:

We strongly advise users not to download any Bitcoin full-node software claiming to be an ‘upgrade’ to Bitcoin’s consensus rules without carefully considering the impact of the proposed changes on the Bitcoin system and the level of community support for it.

See?  "Strongly advise", but they can't actually forcibly prevent anyone from running that client.

Wang Chung from f2pool has already rejected the agreement

So he might claim, but the blocks are still suggesting that they support NYA.  I would take his words with a pinch of salt.

It is very true that the supporters of the NYA are less in number and they are not gonna be high than bitcoin not today nor in the future. It will be the time to buy more bitcoin than selling your own bitcoin as in the past the price of the bitcoin hard fork and the price went down people bought more bitcoin and they are happy today to have those bitcoin so it will be good in the coming days as well no worries! Just chill and be patient.

[william8829]

Does this mean another airdrop just like what happen last August, we need a fork that will solve our existing problem right now but this is not good for bitcoin to have so many fork the price get unstable every time there's news of new fork

It is interesting to see you finally looked up and realized everything can't be all about free money or airdrop. The proponents of Segwix2x are pushing to have their way with the network at all cost even if that means closing the door against  the core foundation of Bitcoin, which is exactly what Segwix2x is all about.

Bitcoins 'core foundation' is impractical.

In real world practice Bitcoin can never really be decentralized.  Its centralized in its mining and its development.  Satoshis whitepaper reads like a manifesto. Did he actually believe mining would not lead to large pools run by a few centralized businesses?  He left and now we have new developers and now they are the leading Bitcoin in their direction(a realistic one).  If Satoshi has a problem with it, he can come out of retirement and say so.   

[Howell]

Is the price of bitcoin going to be largely afffected by this fork in november?

If a consensus between Segwit2x and bitcoin core is not reached by November and there is a split in the network, then the price of bitcoin is sure to be affected, though we can be sure that bitcoin never stays down.

[Michael_Gims]

The last hard fork was really fine, so there's no need to be worry in my opinion.

[Kisanaq]

Segwit makes everything tired, I have to move where my bitcoin?
Is this the main factor that inhibits the rise in bitcoin prices? I wonder if there will be a new bitcoin like bitcoin cash in a segment of August ago?

[jostorres]

Will bitcoin hard fork in November result in a third coin forked out from "Bitcoin"?

Yes, there will be a hard fork on November, and I’ve know that since August after the release of the so called Bitcoin Cash, which wasn’t as a result of any split. I believe the next split will be for the good of Bitcoin. I also expect the lightningnetwork to be released immediately after the fork.

[PizzaBTC]

Segwit makes everything tired, I have to move where my bitcoin?
Is this the main factor that inhibits the rise in bitcoin prices? I wonder if there will be a new bitcoin like bitcoin cash in a segment of August ago?

In November prices of bitcoin will go high and that will be the best time for the investors who had invested in the bitcoin can earn more profit. No need to sale your bitcoins just hold them and then you will get the mind blowing result in the November that has ever been in history because bitcoin always give benefit to investors.