CryptosapienZA (OP)
|
|
November 08, 2017, 07:50:06 PM |
|
The question on everyone 's mind is now what? Personally I am not ruling out a fork. Did anyone notice the absence of some other NYA signatories from the announcement?
|
|
|
|
Lionidas
|
|
November 08, 2017, 07:52:09 PM |
|
SO what does this really mean for bitcoin?
No faster transactions? Is this good or going to get worse over time. For the technology of bitcoin and the blockchain as a whole?
Stagnation from where I see not going forward with must needed to be done so to compete to what litecoin is doing with their lightening network technology.
|
|
|
|
Imran1271
|
|
November 08, 2017, 07:56:22 PM |
|
Yep, just saw this after checking the price, it was $7700 at the moment i saw the article, and as I type this, its $7877. I'm not sure what's happening but i'm gonna wait a few more hours after the dust settles. I have SO many questions in my mind right now that i don't know where to start. All I can say is: this is going to be fun.
yeah i am really upset to see this news. what's will be happening after the that segwit2x what impact will be imposed on bitcoin i can't imagine that. In this situation what should i do hold my bitcoin or sell them right now...? i don't decided anything.
|
|
|
|
electronicash
Legendary
Offline
Activity: 3192
Merit: 1054
|
|
November 08, 2017, 07:58:10 PM |
|
okay so ahhhh i did sell some of my altcoins just for oh my god those altcoins price already are going up now is the good time to release the tokens that weren't yet listed on exchanges, i think those coins and tokens are going to rise up too. still considered good news for every holders.
|
|
|
|
treanski
Full Member
Offline
Activity: 364
Merit: 106
ONe Social Network.
|
|
November 08, 2017, 08:02:44 PM |
|
thats why i love the cryptocurrency world, it never gets boring
|
|
|
|
mjacer
Jr. Member
Offline
Activity: 170
Merit: 1
|
|
November 08, 2017, 08:04:09 PM |
|
Is there a plan to proceed with the hard fork some other time?
|
|
|
|
Dutchyyy
Legendary
Offline
Activity: 1197
Merit: 1001
|
|
November 08, 2017, 08:06:39 PM |
|
Segwit2X has been cancelled. https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.htmlThe Segwit2x effort began in May with a simple purpose: to increase the blocksize and improve Bitcoin scalability. At the time, the Bitcoin community was in crisis after nearly 3 years of heavy debate, and consensus for Segwit seemed like a distant mirage with only 30% support among miners. Segwit2x found its first success in August, as it broke the deadlock and quickly led to Segwit’s successful activation. Since that time, the team shifted its efforts to phase two of the project - a 2MB blocksize increase. Our goal has always been a smooth upgrade for Bitcoin. Although we strongly believe in the need for a larger blocksize, there is something we believe is even more important: keeping the community together. Unfortunately, it is clear that we have not built sufficient consensus for a clean blocksize upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of Segwit2x. As fees rise on the blockchain, we believe it will eventually become obvious that on-chain capacity increases are necessary. When that happens, we hope the community will come together and find a solution, possibly with a blocksize increase. Until then, we are suspending our plans for the upcoming 2MB upgrade. We want to thank everyone that contributed constructively to Segwit2x, whether you were in favor or against. Your efforts are what makes Bitcoin great. Bitcoin remains the greatest form of money mankind has ever seen, and we remain dedicated to protecting and fostering its growth worldwide. Mike Belshe, Wences Casares, Jihan Wu, Jeff Garzik, Peter Smith and Erik Voorhees -- *Mike Belshe* *CEO, BitGo, Inc* Good!!! For me Segwit2X doesn't have a future with the new B2X name. There is ONE Bitcoin. I'm glad that they become smart enough not to ruin the whole crypto world.
|
|
|
|
FrankNoland
Copper Member
Sr. Member
Offline
Activity: 560
Merit: 253
|
|
November 08, 2017, 08:08:58 PM |
|
I personally think that this is a great move, there has been a lot of hard forks with in a short period of time, adding to that, there another one in december, bitcoin silver. I honestly dont see the need for all too many forks which might probably end up killing the real bitcoin, all try achieving the same thing.
I think in order for it to be solid, the developers should take some time developing it. Probably, it would be a good idea if its introduced at a later stage.
|
Digital asset exchange for settlement, clearing, custody and trading of various digital assets, utilizing distributed ledger technologies, programmed on the blockchain -https://bex.global
|
|
|
lprytk
Jr. Member
Offline
Activity: 53
Merit: 10
|
|
November 08, 2017, 08:16:38 PM |
|
it is a good news but it has to stop. there has been really a lot of hard forks. bitcoin should stay stable. in the future there will be new tries to make hard forks but it needs full support of community.
|
▌BalehuBucks (https://balehubucks.com/) ┃ Rewarding Local Merchant & Consumers (https://balehubucks.com/)▐ ║ WhitePaper (https://balehubucks.com/wp-content/uploads/2017/10/balehuwhitepapers-v1.pdf) ║┶┶┶│ JOIN PRE-ICO NOW (https://balehubucks.com/) │┶┶┶║ Bounty (https://bitcointalk.org/index.php?topic=2486641.0) ║ ANN Thread (https://bitcointalk.org/index.php?topic=2441782) ┇ Twitter (https://twitter.com/balehubucks) ┇ Facebook (https://www.facebook.com/balehubucks/) ┇ Telegram (https://t.me/balehubucks)
|
|
|
Bitfyer
Newbie
Offline
Activity: 23
Merit: 0
|
|
November 08, 2017, 08:17:02 PM |
|
Probably they realized that B2X would and up being just another altcoin due to the lack of support from the Bitcoin community in accepting the SegWit2X as the real Bitcoin chain. I think that's is very important, because it will make Bitcoin stronger, and no one else will try to change the Bitcoin protocol without consensus of the community. Miners and a few exchanges and other companies are not the owners of Bitcoin. Of course Bitcoin needs to chance, but block size is not the most important thing in Bitcoin, it is its decentralization feature.
|
|
|
|
Gaspa79
Newbie
Offline
Activity: 1
Merit: 0
|
|
November 08, 2017, 08:18:43 PM |
|
I registered just to post this. This is very good news. What a freaking day to be alive! =)
|
|
|
|
pushups44
|
|
November 08, 2017, 08:25:02 PM |
|
This seems like a redundant and unnecessary fork. Bitcoin Cash already upgraded to 8 MB blocks. I fail to see what Segwit2x would accomlish that Bitcoin Cash has not. Meanwhile, bitcoin will continue trudging along, making new highs as new altcoins are created by people claiming they are the "real" bitcoin.
|
|
|
|
bitcoin31
|
|
November 08, 2017, 08:26:21 PM |
|
This is the sexiest news I/we had all been waiting for since the drama emerged for 2x. I believe they won't stop here and will come back in the future and you may call it "postponed" instead of "canceled", but this shows that Bitcoin wins the miners' hearts as well as investors' confidence and the index levels are enough to prove that. RIP S2X, let us begin our journey to 10k (but after a possible correction of 500 - 1500 USD down). I think that's why bitcoin price as of now is already again 7500 dollars because those people still waiting to buy bitcoin they bought now because they see that new the fork is cancelled . Maybe this month will reach 8k dollars upto 9k dollars and I hope it will happen and the percentage as of now is very high because many people buy again bitcoin if they see this news.
|
|
|
|
bitbunnny
Legendary
Offline
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
|
|
November 08, 2017, 08:28:32 PM |
|
Any speculations on the price? Price was climbing towards $7500 and suddenly dropped to $7000. So is it going to drop more or gonna increase to 8000k?
No one can't know this for sure. It was very close to 8000$ and then droped down again. Probably it will move up and down for a while until these cancellation of fork is finaly confirmed or declined. We will soon see. But I have the feeling this was somehow made on purpose, big drama for nothing but to influence the market. Speculation, speculation, speculation...Have nothing more to say.
|
|
|
|
HomoHenning
|
|
November 08, 2017, 08:30:05 PM |
|
they are still traded at 100 dollar...people are speculating about a fake news. is there any real prove that this is valid??? seems that there is just a posted mail...could be fake, mail could have been hacked etc. I want a twitter message from anybody involved. pls help me.
|
|
|
|
Cointribute
Member
Offline
Activity: 98
Merit: 10
|
|
November 08, 2017, 08:32:31 PM |
|
they are still traded at 100 dollar...people are speculating about a fake news. is there any real prove that this is valid??? seems that there is just a posted mail...could be fake, mail could have been hacked etc. I want a twitter message from anybody involved. pls help me. Is it cancelled or postponed?
|
|
|
|
HomoHenning
|
|
November 08, 2017, 08:34:06 PM |
|
they are still traded at 100 dollar...people are speculating about a fake news. is there any real prove that this is valid??? seems that there is just a posted mail...could be fake, mail could have been hacked etc. I want a twitter message from anybody involved. pls help me. Is it cancelled or postponed? cancelled. but everybody is linking to this "mail". which could be fake obv
|
|
|
|
50ouncebrew
|
|
November 08, 2017, 08:36:48 PM |
|
SegWit2X has officially been cancelled. Mike Belsche, Erik Voorhees, Wences Cesares, etc all signed off on the NYA. This is not a surprise and many saw this coming as they did not have the proper code the whole time. They weren't even implementing replay protection, which is a very dangerous thing to do and basically makes SegWit2X a takeover attempt and that's what it was.
|
| |
▄▄▄ ▐████▄▄▄▄ ▄▄███▀▀ ▐██▀▀▀▀▀███▄▄ ▄██▀▀ ▄▄▄████ ██▄▄ ▀▀██▄ ▄██▀ ▄███▀▀▀ ▀▀███▄ ▀██▄ ██▌ ▄██▀ ▄▄███████▄▄ ▀██▄ ▀██ ██▌ ▄██ ▄██████▌ ▀████▄ ██▄ ▐██ ▐██ ▐██ ████▀ ██▌ ▀ ▀██ ██▌ ██▌ ██▌ ██▌ ▐█▌ ██▌ ▐█▌ ▐██ ▐██ ██▌ ██▌ ▐█▌ ██▌ █▄█ ▐█▌ ▐██ ▐██ ▐██ ▐█▀ ██▄ ██▌ ███▄██ ██▌ ██▌ ██▌ ▄▄ ▀██▄ ██▌ ████▀ ████▄ ███████▄ ▀▀███████▀▀ ▄▄▄ ▀███ ▀▀ ▄ ▀███▄▄▄ ▄▄▄███▀ ▄███▀ ▀██▄▄ ▀▀▀███████▀▀▀ ▄▄███▀ ▀▀████▄▄▄ ▄▄▄████▀▀ ▀▀▀███████▀▀▀ | | M A E S T R O REVOLUTIONIZING THE DIGITAL MUSIC WORLD | | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | | | | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | |
|
|
|
HomoHenning
|
|
November 08, 2017, 08:39:18 PM |
|
SegWit2X has officially been cancelled. Mike Belsche, Erik Voorhees, Wences Cesares, etc all signed off on the NYA. This is not a surprise and many saw this coming as they did not have the proper code the whole time. They weren't even implementing replay protection, which is a very dangerous thing to do and basically makes SegWit2X a takeover attempt and that's what it was.
do you have any prove besides this mail? they are still signaling it : https://coin.dance/blocks
|
|
|
|
CryptosapienZA (OP)
|
|
November 08, 2017, 08:40:46 PM Last edit: November 09, 2017, 07:49:15 AM by CryptosapienZA |
|
SegWit2X has officially been cancelled. Mike Belsche, Erik Voorhees, Wences Cesares, etc all signed off on the NYA. This is not a surprise and many saw this coming as they did not have the proper code the whole time. They weren't even implementing replay protection, which is a very dangerous thing to do and basically makes SegWit2X a takeover attempt and that's what it was.
do you have any prove besides this mail? they are still signaling it : https://coin.dance/blocksGo to Twitter Erik has confirmed his support for cancellation. What a great time to be alive. I wish I can fast forward to next week, just to see what will happen. Miners are still signalling, so was Segwit2X a big scam? This signalling never meant anything in the first place. This is just too shady right now.
|
|
|
|
|