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Author Topic: Segwit2X Hard Fork Countdown...  (Read 3934 times)
goldchain (OP)
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November 01, 2017, 10:36:15 AM
 #1

After the newborn "Bitcoin Gold", Segwit2X announced the hard fork is going to take place in less than 14 days.

I was wondering, what's the meaning of all these endless hard forks?

Any feedback/comments/suggestions are welcomed.
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November 01, 2017, 10:45:20 AM
 #2

After the newborn "Bitcoin Gold", Segwit2X announced the hard fork is going to take place in less than 14 days.

I was wondering, what's the meaning of all these endless hard forks?

Any feedback/comments/suggestions are welcomed.

As I expected, the Bitcoin Gold fork has caused "fork fatigue." Even newbies are now complaining about "endless hard forks".... unwittingly or not, the BTG team may have delivered victory against Segwit2x to Core. After Bitcoin Cash and Bitcoin Gold, hard forks just look like altcoins.

But I wouldn't get too comfortable yet. This fork has no replay protection and the developers intend for the original chain to die. Further, this fork has the support of some of the industries biggest players -- miners, exchanges, payment processors. Whatever you do, keep your BTC safe at fork time and be very careful sending coins after the fork. It's much harder to get your "free money" with this fork without losing coins.

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November 01, 2017, 11:08:27 AM
 #3

I see that bitcoin has started quick recovery. It is worrying me. I think that the price will rise to the bifurcation. In front of her we can see a sharp drop in prices. I'm not expecting good news before segwit2x. I haven't decided, but this time I might sell coins and wait when the situation becomes clearer.
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November 03, 2017, 04:31:33 PM
 #4

There is a segwit2x countdown at the top left https://www.coingecko.com/en
12 days from now, are you all prepare?

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November 03, 2017, 04:35:50 PM
 #5

Goddamn, how many more forks are we going to see? People started using this only to pump BTC price...
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November 03, 2017, 04:42:14 PM
 #6

As far as I know, Segwit2X is Bitcoin's revolutionary technology, which dramatically improves bitcoin, making the speed of each transaction faster, lower costs and more data storage. . That's what Bitcoin participants are expecting and it will make bitcoin grow faster. If Segwit2X passes this stage, it can help Bitcoin go further in the future

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November 05, 2017, 04:50:57 AM
 #7

As far as I know, Segwit2X is Bitcoin's revolutionary technology, which dramatically improves bitcoin, making the speed of each transaction faster, lower costs and more data storage. . That's what Bitcoin participants are expecting and it will make bitcoin grow faster. If Segwit2X passes this stage, it can help Bitcoin go further in the future

i dunno.... i get the feeling that this time, a lot more of us are going to get forked real hard...
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November 05, 2017, 05:15:26 AM
 #8

Goddamn, how many more forks are we going to see? People started using this only to pump BTC price...

Well the funny thing is while this may be true, we're not seeing all those people sell after the fork. In August, the first Bitcoin Cash hard fork drove up the price to $3,000...and we're more than double that now.

The real test of price support will be in 2018 when the fog of this hard fork talk has lifted.
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November 05, 2017, 05:19:35 AM
 #9

Goddamn, how many more forks are we going to see? People started using this only to pump BTC price...

Let there be many forks happen, only thing that will happen is that continue holding/buying btc only and you will see your investment just getting better returns daily. Just consider the fork which started from Aug from that value of btc after 2 fork happened today btc prices have only risen and will only rise.

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November 05, 2017, 05:27:24 AM
 #10

in my research i can foresee that segwit2x b2x has much more impact than bch or btg. but still in my opinion those forks cant kill btc. btc will still remain as the king.
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November 05, 2017, 05:30:12 AM
 #11

Goddamn, how many more forks are we going to see? People started using this only to pump BTC price...
I dont think so mate, as long as the result of every fork is good to bitcoin there is no problem because as i see after fork the bitcoin value are continue increasing and brings more profit to us.
Hoping this coming segwit will give smooth transaction in bitcoin and also vakue of bitcoin will continue to rise.

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November 05, 2017, 05:34:31 AM
 #12

There is really no meaning. The overwhelming majority of these forks were, and are still being conceived to get quick money. It's really sad, because forks should be used to pursue Bitcoin improvements. Forks should be a good thing, it's just that people are using them in a bad way.

Segwit2x looks good on paper, but the circumstances around it is just completely shady. I don't believe it is being done on good faith, and I therefore do not support it. It's a threat.

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November 05, 2017, 05:37:07 AM
 #13

Hope this hard fork will reduce BTC price to make enter to the market affordable for me.

---Bounty is a stupid use of my time---
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November 05, 2017, 05:40:06 AM
 #14

Well, as times goes by, I believe in the future there might be a lot more forks and whatever that you called it.
As long as it makes bitcoin to become more stronger and a better improvement, people will surely know which one tho choose, then, why not?

Just look at the bright side, whenever these things happen, btc value has increased even more.
Btw, what happened to bitcoin gold? Seems like it's not as famous as bitcoin cash.
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November 05, 2017, 08:47:26 AM
 #15

After the newborn "Bitcoin Gold", Segwit2X announced the hard fork is going to take place in less than 14 days.

I was wondering, what's the meaning of all these endless hard forks?

Any feedback/comments/suggestions are welcomed.
All these forks are meant for improvement of technology and upgraded version of bitcoin, so they say. Some of them are useful like say bitcoin cash and some of them are nothing but lame bullshit which hardly contributes to the crypto society like the newly introduced shitcoin namely Bitcoin Gold. These forks are continue to come and go, the plus point for consumers is that they can get free money and nothing else.

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November 05, 2017, 08:51:00 AM
 #16

omg there are so many forking in this year, bitcoincash, bitcoingold, segwit2x and then what? are this fork is just make bitcoin price is up because of all people buy bitcoin just want to get free coin from hardfork? is its true bitcoin price wil go down after there are not hard forking anymore

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November 05, 2017, 08:55:02 AM
 #17

Usually, these fork are just a way for speculators to make some money. It is much easier to fork off an existing coin then to build a coin from scratch.

However, this fork is a bit different, much more dangerous cause ATM community still does not know what will be the real and widely accepted BTC after this. So, we ll just have to wait and see.
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November 05, 2017, 08:58:35 AM
 #18

Bitcoin forks are now the new tool to make new money for dev teams.

ICOs are a thing of last week. Bitcoin hardforks are the flavor of this month.
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November 05, 2017, 08:59:19 AM
 #19

Goddamn, how many more forks are we going to see? People started using this only to pump BTC price...
Not sure they are all using it to pump the bitcoin price but as for gain the more free money seems to be a best reason for that comment. Why every fork of the bitcoin will always be generating the more shitcoin? This is damn free money and a lot of people are need it.

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November 05, 2017, 09:09:22 AM
 #20

It looks like everyone gets a bit tired from these endless forks and so many sensless Bitcoin related coins that come out of them. A no one can't really see the point except some speculations. I think with time this will be changed and some kind of rules or regulations will be introduced to end all this forks or at least put some order in it.

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November 05, 2017, 10:33:00 AM
 #21

It looks like everyone gets a bit tired from these endless forks and so many sensless Bitcoin related coins that come out of them. A no one can't really see the point except some speculations. I think with time this will be changed and some kind of rules or regulations will be introduced to end all this forks or at least put some order in it.

Its not a fork. Its an update.

BTC will get Segwit2x by 80% of network votings.
So the real BTC is the BTC with Segwit2x

Like it was with ETH/ETC.
ETH did the update and rollback of the blockchain.
ETC said, no we stay in the old blockchain.

Not the configuration or how a coin updates defines a fork. Its the votings of all, only.

If there is a fork, then the old 1MB BTC is the fork.
A pitty, I hope voting will change in the next 8 days, but its real and you can say what you want.
Its not B2X like BCC or BTG.
Its BTC with Segwit2x and if you stay on the old blockchain, then you are using the fork coin.

All big pools and exchanges are going the Segwit2x way. And its not possible that there are two coins with different blockchains and the same name?
Yeah it is, and this will happen the first days.
If you mine with Slush you mine (1MB) BTC.
If you mine with Antpool (Segwit2x) BTC.
Both call it BTC.

Same with exchanges. Some use BTC and B2X. But some just call it BTC (but with 2x).
If you trying to pay a shopping cart with Bitpay after fork --- be sure to use the 2x-Coins --- they will stay to call it BTC, too!

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November 05, 2017, 10:51:04 AM
 #22

Site in real time you can see countdown
https://bashco.github.io/2x_Countdown/
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November 06, 2017, 09:47:23 AM
 #23

Unfortunately, many traders who now pump the price don't know that Coinbase and other major exchanges and wallets will declare the 2x coin as the winner and call it Bitcoin. The legacy chain supporters still believe that miners will not follow their signalling, but they will. Those who seek daily profit will switch to BCH anyway, since it has 12 hour EDA and will be way more profitable (at least 50%) compared to the legacy bitcoin. This result may have a huge negative impact on the price of the legacy chain.
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November 06, 2017, 09:52:14 AM
 #24

After the newborn "Bitcoin Gold", Segwit2X announced the hard fork is going to take place in less than 14 days.

I was wondering, what's the meaning of all these endless hard forks?

Any feedback/comments/suggestions are welcomed.

i think, the meaning of the endless hard forks is to upgrade the existing bitcoin into other server and made it more better than the existing bitcoin. the upgrade of the forks are done on the other server, they cannot upgrade the existing bitcoin blockchain maybe because there are no access on that or it makes more conflict if they do. we all waiting for the upcoming hard fork and hoping after that fork it all back to normal.
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November 06, 2017, 09:55:06 AM
 #25

I’m not excited at all or giving much attention on this kind of easy money for fork developers.. They’re making so much advertising if we keep on talking about it,, does they do deserve it? Nope they’re not worthy of anything.. We will make the transaction faster and less fee are more likely just a plain lie because if they want to,, the miners can decide on it without found in this.. Miners are supporting them so are this hypocritical..

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November 06, 2017, 10:45:44 AM
 #26

After the newborn "Bitcoin Gold", Segwit2X announced the hard fork is going to take place in less than 14 days.

I was wondering, what's the meaning of all these endless hard forks?

Any feedback/comments/suggestions are welcomed.

This fork is nonsense, and there are no other words to describe it. This is just an attack to bitcoin, and it's not about updates or what is the best for the future of bitcoin, it's just a political game. I think there is plenty of information out there, both on this forum, and on news sites and YouTube channels, so I think most people are prepared for it.

This fork is not about the size of the blocks, and even if it was, I don't think this would be the solution right now, because it wouldn't really solve anything, and we can't just keep increasing the size of the blocks, because although we don't really have storage space problems right now, this wont be practical in the long run, so it's better to keep the focus on developing a final solution.

Also I'm much more comfortable supporting the bitcore team, that is working with BTC for a very long time, and are completely dedicated to it, than to support Jeff Gazik that is not even dedicated to BTC, since he will launch an ICO soon.

I think the majority (miners and exchanges) are supporting BTC and we shouldn't have a problem with it. But let's not forget that we have a word to say in all this. The price of bitcoin is stated by supply and demand, so if we demand the real bitcoin, then miners and exchanges will of course stay with the real coin as well. I know it's not this easy, but we do have a word to say in all this, so let's not forget that. If we all dump B2x as soon as it's safe, there will no question on what the real bitcoin is.

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November 06, 2017, 12:28:12 PM
 #27

https://cointelegraph.com/news/bitcoin-needs-new-proof-of-work-chain-after-segwit2x-says-bitcoinorg-co-owner

Not 2 but 3 bitcoins after the HF! I've expected that core team is secretly developing an emergency nuke POW change in case 2x wins. I know that some still think the legacy chain can survive with 20% hash support but it is not realistic. In this case unfortunatelly the original bitcoin will die and everyone will say: "The king is dead. Long live the king!" It remains to believe that by some magic wand the current price is transferred to one of the forks.
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November 06, 2017, 01:03:23 PM
 #28

It looks like everyone gets a bit tired from these endless forks and so many sensless Bitcoin related coins that come out of them. A no one can't really see the point except some speculations. I think with time this will be changed and some kind of rules or regulations will be introduced to end all this forks or at least put some order in it.

Its not a fork. Its an update.

BTC will get Segwit2x by 80% of network votings.
So the real BTC is the BTC with Segwit2x

Like it was with ETH/ETC.
ETH did the update and rollback of the blockchain.
ETC said, no we stay in the old blockchain.

Not the configuration or how a coin updates defines a fork. Its the votings of all, only.

If there is a fork, then the old 1MB BTC is the fork.
A pitty, I hope voting will change in the next 8 days, but its real and you can say what you want.
Its not B2X like BCC or BTG.
Its BTC with Segwit2x and if you stay on the old blockchain, then you are using the fork coin.

All big pools and exchanges are going the Segwit2x way. And its not possible that there are two coins with different blockchains and the same name?
Yeah it is, and this will happen the first days.
If you mine with Slush you mine (1MB) BTC.
If you mine with Antpool (Segwit2x) BTC.
Both call it BTC.

Same with exchanges. Some use BTC and B2X. But some just call it BTC (but with 2x).
If you trying to pay a shopping cart with Bitpay after fork --- be sure to use the 2x-Coins --- they will stay to call it BTC, too!

if that's truly the case, why is the Segwit2x futures price not reflecting a similar price to Bitcoin?  $1800? 
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November 06, 2017, 01:07:04 PM
 #29

After the newborn "Bitcoin Gold", Segwit2X announced the hard fork is going to take place in less than 14 days.

I was wondering, what's the meaning of all these endless hard forks?

Any feedback/comments/suggestions are welcomed.

This fork is nonsense, and there are no other words to describe it. This is just an attack to bitcoin, and it's not about updates or what is the best for the future of bitcoin, it's just a political game. I think there is plenty of information out there, both on this forum, and on news sites and YouTube channels, so I think most people are prepared for it.

This fork is not about the size of the blocks, and even if it was, I don't think this would be the solution right now, because it wouldn't really solve anything, and we can't just keep increasing the size of the blocks, because although we don't really have storage space problems right now, this wont be practical in the long run, so it's better to keep the focus on developing a final solution.

Also I'm much more comfortable supporting the bitcore team, that is working with BTC for a very long time, and are completely dedicated to it, than to support Jeff Gazik that is not even dedicated to BTC, since he will launch an ICO soon.

I think the majority (miners and exchanges) are supporting BTC and we shouldn't have a problem with it. But let's not forget that we have a word to say in all this. The price of bitcoin is stated by supply and demand, so if we demand the real bitcoin, then miners and exchanges will of course stay with the real coin as well. I know it's not this easy, but we do have a word to say in all this, so let's not forget that. If we all dump B2x as soon as it's safe, there will no question on what the real bitcoin is.

this!

"how can we centralize bitcoin?" is what Segwit2x is.  this is a complete attack of the core network and what it's core meanings are.  And the people pushing this are the ones with deep pockets that want to see the original Bitcoin fail as it cannot be controlled. 
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November 06, 2017, 01:10:18 PM
 #30

After the newborn "Bitcoin Gold", Segwit2X announced the hard fork is going to take place in less than 14 days.

I was wondering, what's the meaning of all these endless hard forks?

Any feedback/comments/suggestions are welcomed.

for me I think the meaning of forks are to improve the system of bitcoin inside out, and to make more better than bicoin, but I think there is no other coins that already exist in this world that can surpass or been replace bitcoin. even they make more forks and free coins that contains more efficient than bitcoin, those coins are no need to use nor to create more. because bitcoin is the most.
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November 06, 2017, 03:40:02 PM
 #31

After the newborn "Bitcoin Gold", Segwit2X announced the hard fork is going to take place in less than 14 days.

I was wondering, what's the meaning of all these endless hard forks?

Any feedback/comments/suggestions are welcomed.
                             

That'd be another fork trying to seek attention . After so many forks now the mentality and the attention towards the fork has changed so much that the bitcoin holders merely care about the forks anymore . Forks are more like amateur field players trying to seek attention when eventually bitcoin will win the game . Last two big forks such as Bitcoin gold and bitcoincash tried to play hard taking part of bitcoin in their names but failed to impress the market and the buyers . That led to more investments and hike in the price of bitcoin . So i am pretty hopeful that the upcoming Segwit2X fork will not turn out to be bad for bitcoin . Rest the future unpredictable. 

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November 06, 2017, 04:07:23 PM
 #32

After the newborn "Bitcoin Gold", Segwit2X announced the hard fork is going to take place in less than 14 days.

I was wondering, what's the meaning of all these endless hard forks?

Any feedback/comments/suggestions are welcomed.

Its about making a profit. 

Bitcoin is well known and easy to copy.  A group slightly changes Bitcoin protocol thus creating a new coin. This new cryptocurrency that is commonly known as a 'shitcoin'.    They pay for media attention focusing on how great this slight difference makes this version of Bitcoin greater than the original(some even claiming they are the original). If there media campaign is successful then unprompted media starts to publish about it.   Lastly the crypto-public gets involved and starts demanding exchanges give them this free coin.
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November 06, 2017, 04:09:39 PM
 #33

It means their money is not enough.  Grin
They want more. Give it to them until they are full. After that they will have to rest so that they could digest everything that they have eaten.
Maybe there will be a next one after this. It became an Airdrop just like some altcoins out there. They just created their own under the bitcoin technology.
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November 06, 2017, 06:08:21 PM
 #34

I'm against Bitcoin SegWit2x hard fork. In my opinion SegWit has already solved a problem of slow and expensive transactions. Of course we will have to introduce proper upgrade later but for now it is enough. Right now transactions are slow probably due to people moving their money to exchanges, people who cash out and there is a possibility of spam attack which aim is to convince people that Bitcoin is slow.
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November 06, 2017, 10:15:33 PM
 #35

Developers says that These forks are meant for improvement and upgrading bitcoin with some new features, to deliver better experience than before.
Don't know whether they actually want to provide better experience or just want gain the market cap fro the BTC users.
Segwit2x is in talk from a long time. A bunch of developers and crypto-expert support it while some other criticize it. Lets see how investors and BTC users react to it.
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November 06, 2017, 10:35:48 PM
 #36

We are few days away from the hardfork, just keep holding your BTC until the hardfork.  And for the swingtraders, enjoy the profit.
And to answer you op,  hardfork is a legit way to launch a scam coin. It is the cheapest way to launch an ico, no ads to create,  no whining bounty hunters to pay.  Just fork bitcoin and instant money.

After the newborn "Bitcoin Gold", Segwit2X announced the hard fork is going to take place in less than 14 days.

I was wondering, what's the meaning of all these endless hard forks?

Any feedback/comments/suggestions are welcomed.
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