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Author Topic: What to do for Nov 2017 hard fork.  (Read 5053 times)
BitcoinWatcher
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October 26, 2017, 12:02:28 AM
 #21

Hey I have my BTC in electrum. What can I do to make sure I will get my fork coin? And are most people planning on selling right away just like BTC Cash and sticking with original BTC?
If I were you I will just keep my coins in my wallet as I do believe electrum will support bitcoin gold. I have gotten my splitting coin from all the wallet that I have coins during the last splitting between bitcoin core and bitcoin Cash and I will do the same this time around. The only thing we may need to do before the splitting is to move both fiat and others coins to our bitcoin wallet like I do about three days ago and keep our fingers crossing and converting to bitcoin core after the splitting of our share of the bitcoin gold before the heavy dump.

Well my biggest concern is one I get full 1 to 1 payout cause last time I had my coin in bitfinex and because of futures or some bs which I dont take part in they paid out like .9 per coin which really pissed me off so I want to have all I'm entitled to. Also I dumped my Bitcoin Cash right away cause everybody said theyd dump so I could get some free money and then when the price crashed to $200 I bought one BTC Cash coin and sold again at around $500 and I want to see if I could do it again.
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October 26, 2017, 05:37:40 AM
 #22

Segwit2x/btc1 does not have replay protection.
It does.

Does it have one now? There was a controversy surrounding it and it was discussed among Bitcoin's developers that it should have replay protection because it does not have one.

Please provide us with the correct information, because as far as I know there is no replay protection because Jeff Garzik's proposal for Segwit2x/btc1 is as an upgrade to Bitcoin, not a fork.


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October 26, 2017, 05:53:25 AM
 #23

Segwit2x/btc1 does not have replay protection.
It does.

Does it have one now? There was a controversy surrounding it and it was discussed among Bitcoin's developers that it should have replay protection because it does not have one.

Please provide us with the correct information, because as far as I know there is no replay protection because Jeff Garzik's proposal for Segwit2x/btc1 is as an upgrade to Bitcoin, not a fork.
My signature  Roll Eyes
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October 26, 2017, 06:09:12 AM
 #24

Ok so there is an "opt in" replay protection, meaning users can choose if they want it or not, am I right?

If I am, then what was the reason for them to go on this course instead of having one like what Bitcoin Cash did?


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amaclin1
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October 26, 2017, 07:34:55 AM
 #25

Ok so there is an "opt in" replay protection, meaning users can choose if they want it or not, am I right?

If I am, then what was the reason for them to go on this course instead of having one like what Bitcoin Cash did?
Because the "adepts" think that s2x is "true bitcoin" and does not need changing more things from original code
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October 26, 2017, 12:04:47 PM
 #26

btw, I am wondering what would happen if some transaction will be sent during the hard fork. What can be the logic flow behind that leads to loosing of funds for some user (sender or receiver)?
if it is still unconfirmed during the snapshot, i think it will be credited to the sender
So then it returns to wallet, no pitfalls?
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October 27, 2017, 05:32:43 AM
 #27

Ok so there is an "opt in" replay protection, meaning users can choose if they want it or not, am I right?

If I am, then what was the reason for them to go on this course instead of having one like what Bitcoin Cash did?
Because the "adepts" think that s2x is "true bitcoin" and does not need changing more things from original code

Then the Segwit2x "adepts" thinking are very open to disagreement because the real "adepts", in my opinion, are the Core developers. But follow what and who you want and let us each hope for the best. Good luck.


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October 27, 2017, 03:46:00 PM
 #28

Just wait theymos (Site Admin) will write  about it .
i think will provide more information

Anyone can create a Bitcoin-derived altcoin like "Bitcoin Gold" (BTG) at any time with no cost. BTG is a scammy cash-grab with no ideology and no economic support, not something serious like Bcash was. That's not to say that it's impossible to make money by trading it, just like with other scamcoins, but I'm not going to get into the habit of writing announcements and guidance for every Bitcoin-derived scamcoin. If you want to do a dangerous replay-unprotected coin-split maneuver in order to claim tiny fractions of your BTC in airdrop value, that's on you.

I will write a guide later for B2X (split time in mid-November), which is more serious. After that, the bar is going to be awfully high to get me to announce similar things.

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October 28, 2017, 07:08:59 AM
 #29

I think you dont have to do anything on the coming fork. There are many miner and business that does not support bitcoin since bitcoin o unique from any other coin. So I think the fork on november wont affect that much with the price of bitcoin. Anyways, I've read about Bitfinex has announced that it will provide a moniker for B2X. So you might want to put your btc on exchange that supports B2X. 
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October 29, 2017, 01:12:07 PM
 #30

nothing to do just hold your coin in your wallet with private key  and dont make transaction as long as your wallet support the coin fork just stay and wait until the hard fork end...

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October 29, 2017, 01:19:09 PM
 #31

I think that the Altcoins will reduce by as much as 30%. It's a good idea to stay on standby at Bitcoin. Waiting for 7000 USD + levels in Bitcoin will not be a very high expectation. To say that this is already happening, it means that the prices of the current alt coins will increase as I mentioned.
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October 29, 2017, 03:40:51 PM
 #32

If this fork actually happens, and I still need convincing that it will, then I wouldn't expect every wallet to have the perfect solution. Everyone needs to do careful research about what wallet providers will be doing.

Certain wallets like Mycelium and blockchain.info haven't lifted a finger when it comes to BCH and that was months ago and that was far, far more simple as it had replay protection. I don't think they'll want anything to do with something with no replay protection.

People in most cases will probably be on their own so they need to be careful. As for selling anything if it's actually possible without losing coins, if it happens then I'd be keeping my powder dry. Some powerful forces will be vying for the top.

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October 29, 2017, 05:12:10 PM
 #33

nothing to do just hold your coin in your wallet with private key  and dont make transaction as long as your wallet support the coin fork just stay and wait until the hard fork end...

Any idea when that will be?
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October 30, 2017, 10:23:21 AM
 #34

I would hold it and wait for after the fork in your case. Normally there can happen a reduce of the market price but i´m quite shure it will rais after that again.

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October 30, 2017, 10:39:23 AM
 #35

Do nothing and keep your wallet safe.

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October 30, 2017, 08:25:20 PM
 #36

Hey I have my BTC in electrum. What can I do to make sure I will get my fork coin? And are most people planning on selling right away just like BTC Cash and sticking with original BTC?
I think this is the game here, many people are trying to convert they altcoins to bitcoin in other to increase their bitcoin core holding and in infect get good share of the free coins and after the splitting they will dump bitcoin gold to the original bitcoin. We see the game play out the last time the splitting happened between bitcoin core and bitcoin Cash, how many people drop their bitcoin Cash for the original bitcoin. I think we are all cut up here with this idea of making free coins and I hope the developers of the fork are taking all this into consideration.


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October 30, 2017, 08:42:31 PM
 #37

you do not have to do anything, just save the coins and have the private key in your hands and make sure your fork
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October 30, 2017, 11:07:17 PM
 #38

People in most cases will probably be on their own so they need to be careful. As for selling anything if it's actually possible without losing coins, if it happens then I'd be keeping my powder dry. Some powerful forces will be vying for the top.

i've got an eye on this project being developed by core developer eric lombrozo: https://twitter.com/eric_lombrozo/status/925056653401214978

it will be a noncustodial (no trust) service that automatically splits utxos for hard forks with no replay protection. the developers are aiming for it to be ready for the segwit2x fork, but no idea if it will happen or not. given the last difficulty jump, i wouldn't be surprised if bitmain continues to bring more hardware online as we approach the fork, to worsen the "stuck chain" effect on the legacy chain post-fork. that would mean the fork will occur even sooner than currently expected.

in any case, i likely won't move any coins for a couple days after the fork.

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October 31, 2017, 05:16:03 AM
 #39

Do nothing and keep your wallet safe.
you do not have to do anything, just save the coins and have the private key in your hands and make sure your fork
in any case, i likely won't move any coins for a couple days after the fork.

Fools!
Without actions from your side your old coins are vunerable to replay attack and it does not matter
how long do you wait after a split: a couple of days or a couple of years.  Grin
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October 31, 2017, 04:03:21 PM
 #40

Do nothing and keep your wallet safe.
you do not have to do anything, just save the coins and have the private key in your hands and make sure your fork
in any case, i likely won't move any coins for a couple days after the fork.

Fools!
Without actions from your side your old coins are vunerable to replay attack and it does not matter
how long do you wait after a split: a couple of days or a couple of years.  Grin


then what do you suggest mate? if someone has funds on electrum?
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