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Author Topic: I am proud to be a part of the Bitcoin community. Long live CORE!  (Read 423 times)
Kingofbitcoin12345
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November 10, 2017, 07:50:26 AM
 #21

Each one member of this community have this connection with bitcoin that can’t really be destroyed using technicalities.. Bitcoin and the community has been fighting side by side for almost a decade now and trying to replace with a hard fork coin needs more than 100 reason for each users and investors to be attracted and leave it with I prefer to called “the free altcoin”..

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Wind_FURY (OP)
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November 11, 2017, 03:35:35 AM
 #22

~
But I also disagree. NO2x has proven that the UASF was the reason why Segwit was activated. The miners and the merchants have no choice but to follow what the community wants because it is the nodes that give demand for blocks the miners make.  

When I say the "community", I mean the people who run full nodes and the people who would dump B2X or BCC or whatever fork to hold the real Bitcoin which is the Core implementation.

well that is always the issue. you can never define "community" and using words like "economic majority" to force a fork (like what UASFers did) is not the same as hashrate and nodes supporting something.

i am not saying UASF was ineffective, and i am not against UASF either. but i say User Activated SF needs to be all or >95% of nodes supporting the fork and a large enough hashrate and not <30%. by that time there were not enough nodes. the majority of old nodes (the ~6000 usual bitcoin nodes) were not supporting UASF and a lot of nodes were created on Amazon servers (similar to recent S2X spike) supporting UASF. and that is not community the same way Amazon S2X nodes aren't community today.
and the hashrate weren't there to support UASF either.

on the same subject read this: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-April/014152.html

Quote
The miners and the merchants have no choice but to follow what the community wants
not at all.
miners will always mine what gives them more profit (just the way they switched to bitcoin cash when they could mine 1000-1500 blocks per day instead of 144 normal daily blocks and it was profitable).
and merchants would stop accepting bitcoin if they feel it is becoming a hassle or risky to do so.

Yes, but what gives the miners more profit is the "Bitcoin" the community wants hold and use. The merchants also follow what the community wants.

If one day the whole community dumped Bitcoins and started buying and using Bitcoin Cash then the miners and the merchants will follow.

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November 11, 2017, 03:38:13 AM
 #23

Could you imagine the embarrassment if they went forward with SegWit2X and Bitcoin users started to lose coins with this whole Replay Protection fiasco? The anger and outrage would have ruined their reputation even more. Yes, they raised the white flag, but it was not to stop the war. They saw what the outcome of this might have been and they protected their own reputation.

You cannot gamble with a Billion Dollar project and other peoples wealth. The Core developers gets this and they will not put code out there that might harm the experiment. Just look at what happened with Bitcoin XT. ^hmmmmm^

Was it going to be implemented later or they just were really going to go ahead and fly without it in the hopes that they would become the main chain? That's just insanity. It would just prove how incompetent they really are.
LuffyD.Monkey
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November 15, 2017, 12:24:50 PM
 #24

But will those forks really be considered as the real "Bitcoin" by the community? No, and the supporters of Segwit2x knew this, which was the reason why they cancelled it. But they are welcome to continue on with the hard fork as long as there is replay protection. Which is another way of saying "we are the altcoin".

Perhaps the Segwit2x supporters and devs realised that they will lose more from the hard fork compared with what they could win.I was really concerned that this event will hit the bitcoin price,but now i hope that
the bitcoin price could hit 10 000 USD at the end of December.The bad thing is that all the people who bought btc just to get free forked "bitcoins" will try to sell some of their btc holdings.
There is a problem that has to be faced, that bitcoin transfers are getting slower and slower, and blockchain capacity is close to saturation and higher fees. If there is a bitcoin reform we all agree on, it is better than the game of interest between businessmen.
That is very right to say. The problem of transaction delay is increasing from time to time. Which is creating problems for the people. Sometime the transaction even delayed for weeks, I think it is too much important to solve the problems, and for that we should take any step for the betterment of bitcoin.
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November 19, 2017, 03:32:47 PM
 #25

First it was the USAF and then it is the halting of Segwit2x/btc1. Thanks everyone for standing fast and staying on course to support the No2x movement. It has again showed that what matters most in Bitcoin is the community, not the "oligarchy".

But you have to admire their Mike Belshe, Wences Casares, Jihan Wu, Jeff Garzik, Peter Smith and Erik
Voorhees and the rest for raising the white flag and admit defeat for the good of the community.

Yes I think yes I’m also lucky that I’m a part of this plat forum because here we can learn a lot of things and day by day we can learn a lot of things from it so I think bitcoin is very use full for every one and any one can take advantage from it bitcoin also provide a very good source of income for very one and we need to take advantage from its.
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