Bitcoin Forum
May 07, 2024, 05:27:59 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: B2X Futures  (Read 1082 times)
cellard
Legendary
*
Offline Offline

Activity: 1372
Merit: 1252


View Profile
November 06, 2017, 04:38:10 PM
 #21

I'll just leave this here... Interesting read on the topic:

https://medium.com/@bartjellema/why-i-just-bought-90-b2x-bitcoin-segwit2x-futures-f94d0ee13eb9


Key points being:
Another major difference is the lack of strong replay protection. While this sounds desirable, the reason why the SegWit2X team doesn’t want to implement this is clear from what Mike from BitGo had to say about it:

”Replay protection”, as you call it, splits the chain. It simply doesn’t
make sense- you’d suddenly be breaking 10+million SPV clients that
otherwise work just fine. It is a goal of segwit2x to help avoid this.
Today, we’re on course to deploy segwit2x with a vast majority of miners
still signaling for it. On top of that, 99.94% of nodes & SPV clients will
automatically follow that longest chain (segwit2x).


I picked up some B2X futures on the very real possibility of it taking over the chain. This fork is different than Bcash or Bgold.

Mike Belsher is a bullshit artist. The reason they don't want to add replay protection is the fact that they don't want the market to speak, which is the only way to fairly assess forks. They want to take over the chain so they don't have to be exposed as a valueless shitcoin.

Shitcoin2x can't win, because if it wins Bitcoin is dead, since it can be changed when a couple corporations and bribed miners get along in a backroom deal to change the protocol. The good news is, it will not win, and supporters will be judged by history.
1715102879
Hero Member
*
Offline Offline

Posts: 1715102879

View Profile Personal Message (Offline)

Ignore
1715102879
Reply with quote  #2

1715102879
Report to moderator
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715102879
Hero Member
*
Offline Offline

Posts: 1715102879

View Profile Personal Message (Offline)

Ignore
1715102879
Reply with quote  #2

1715102879
Report to moderator
Trendkill (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
November 07, 2017, 03:53:31 AM
 #22

I'll just leave this here... Interesting read on the topic:

https://medium.com/@bartjellema/why-i-just-bought-90-b2x-bitcoin-segwit2x-futures-f94d0ee13eb9


Key points being:
Another major difference is the lack of strong replay protection. While this sounds desirable, the reason why the SegWit2X team doesn’t want to implement this is clear from what Mike from BitGo had to say about it:

”Replay protection”, as you call it, splits the chain. It simply doesn’t
make sense- you’d suddenly be breaking 10+million SPV clients that
otherwise work just fine. It is a goal of segwit2x to help avoid this.
Today, we’re on course to deploy segwit2x with a vast majority of miners
still signaling for it. On top of that, 99.94% of nodes & SPV clients will
automatically follow that longest chain (segwit2x).


I picked up some B2X futures on the very real possibility of it taking over the chain. This fork is different than Bcash or Bgold.

Mike Belsher is a bullshit artist. The reason they don't want to add replay protection is the fact that they don't want the market to speak, which is the only way to fairly assess forks. They want to take over the chain so they don't have to be exposed as a valueless shitcoin.

Shitcoin2x can't win, because if it wins Bitcoin is dead, since it can be changed when a couple corporations and bribed miners get along in a backroom deal to change the protocol. The good news is, it will not win, and supporters will be judged by history.

So that is the intention then? A hostile takeover of the chain? If so, how is bitcoin able to stand up to it if the hashpower continues along and none of the exchanges realize they are now trading B2X instead of bitcoin because they are indistinguishable from one another?
e-coinomist
Legendary
*
Offline Offline

Activity: 2380
Merit: 1085


Money often costs too much.


View Profile
November 09, 2017, 02:42:04 AM
 #23

Anyway what I'm saying, is it not smart to hedge your best for the incoming fork and at least diversify and pick up some B2X futures?

As a hedge acceptable. Your biggest risk would be no fork taking place, rendering those futures into past tense and therefor a total loss.

The fork still got signalled inside new blocks but is not needed anymore from a technical viewpoint. There is a big blocks chain in existance. Those 2mb don't change much if segwit adoption grows.
However it is to fear that the NYA signees feel themselves bound to the agreement, loyality, 95% consensus. Would calculate the risk of this fork taking place >80% still.

So no fork, and B2X futures falling from the sky. It seems their value only approaches zero, but doesn't hit zero since people need them to check out their splitted BTC. All that splitting into tokens for some unsecure future seems a bussiness to stricktly avoid.
tradecoin247
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
November 09, 2017, 05:13:30 AM
 #24

LOL TO B2X futures. look for a new promising ICO
topesis
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500



View Profile
November 09, 2017, 05:18:31 AM
 #25

Those that speculate on BSX futures are counting their loss now, but I suspect there is likely be an inside trading that went under, this is one of the reasons why regulations need to enter the space.
Savik
Full Member
***
Offline Offline

Activity: 364
Merit: 101


View Profile
November 16, 2017, 12:38:57 AM
Last edit: November 16, 2017, 02:04:54 AM by Savik
 #26

What will happen ~40hrs from now when we hit block 494784?

http://www.cryptodaily.net/segwit2x-activation-countdown-timer/

All it would take is 1 person to decide to mine a 2x block for the hard fork to occur, correct? The Segwit2x software has already been installed on nodes, and blocks are still signaling for 2x... So is it crazy to buy a few of these B2X futures at low prices to see what might happen?

http://nodecounter.com

ashmodeus
Hero Member
*****
Offline Offline

Activity: 1638
Merit: 518



View Profile
November 16, 2017, 08:32:40 PM
 #27


what the true
some info say the segwit is cancelled.
but now still continue
did this really diffrent with another split before?
impressed imposed.

  ▄▄███████████████████████▄▄
 █████████████████████████████
 █████████████████████████████
  ███████████████████████████
   ▀███████████████████████▀
     █████████████████████
      ▀█████████████████▀
     ▄  ███████████████
   ▄███  ▀███████████▀
  ▄█████▄  █████████
 █████████  ▀█████▀
███████████▄ ▀███▀
 ▀███████████▄ ▀
.
.Syntrum......
            ███
           ███
          ███
         ███
        ███
       ███
      ███   █
     ███   █
    ███   █
   ███   █
  ███   █
 ███   █
███   █
.
            ███   █
           ███   █
          ███   █
         ███   █
        ███   █
       ███   █
      ███   █
     ███
    ███
   ███
  ███
 ███
███
.
......JOIN NOW.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!