FFFFound (OP)
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Merit: 10
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December 27, 2017, 01:06:19 AM |
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Whats going to happen after the 28th of december? Then segwit unleash its b2x, and steals all bitcoins from first year adopters.
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Anti-Cen
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Activity: 210
Merit: 26
High fees = low BTC price
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December 27, 2017, 01:33:11 AM |
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With silly price transactions fees I see Segwit more as a savior but if you want to pay $100 per transaction and wait hours for it to complete then hats off to you because you must be richer than I can dream about being Hey Lord or Sir or what ever i should call you here is a video for you https://www.youtube.com/watch?v=UYHFrf5ci_gEnjoy the "Lightning network"
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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ladadadiweliketoparty
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Activity: 97
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December 27, 2017, 02:07:57 AM |
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What do you mean by steal your bitcoins. That will not happen nor are transactions $100 a go they are less than that. Besides Bitcoin Core offers Segwit accounts which makes Segwit2x essentially useless can somebody tell me why people are not upgrading to Segwit on Bitcoin Core but quick to jump to a Segwit coin that is already activitated? It makes zero sense to me.
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Jon lang
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December 27, 2017, 04:19:48 AM |
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With silly price transactions fees I see Segwit more as a savior but if you want to pay $100 per transaction and wait hours for it to complete then hats off to you because you must be richer than I can dream about being Hey Lord or Sir or what ever i should call you here is a video for you https://www.youtube.com/watch?v=UYHFrf5ci_gEnjoy the "Lightning network" In terms of transaction details, it is true that it has already become one of bitcoin's weak spots which a lot of people have been targeting for some time. Not also that, but also the high demand in transaction fee. It is also not a surprise that forks (like the upcoming one) will be conducted in order to overcome and surpass bitcoin. Although, is there an assurance that after million of people adapt the segwit and after using it for years, it's transaction speed won't end up the same way as bitcoin? Remember, there are different factors that contributed to the slow transaction and high transaction fees of bitcoin. Plus, your comment of $100 per transaction, I have never heard of such thing. Transaction cannot go as high as that and even if it does, you won't be waiting for hours for a confirmation.
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pooya87
Legendary
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Activity: 3444
Merit: 10530
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December 27, 2017, 04:42:09 AM |
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Whats going to happen after the 28th of december? Then segwit unleash its b2x, and steals all bitcoins from first year adopters.
nothing because b2x or segwit2x or whatever it is going to be called is another shitcoin out of a dozen other shitcoins that are being created this days and they call them "forks" of bitcoin. and the worst part about this one is that it is stealing the name of the famous project called the same name which was canceled.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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jseverson
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December 27, 2017, 05:06:24 AM |
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With silly price transactions fees I see Segwit more as a savior but if you want to pay $100 per transaction and wait hours for it to complete then hats off to you because you must be richer than I can dream about being Hey Lord or Sir or what ever i should call you here is a video for you https://www.youtube.com/watch?v=UYHFrf5ci_gEnjoy the "Lightning network" In terms of transaction details, it is true that it has already become one of bitcoin's weak spots which a lot of people have been targeting for some time. Not also that, but also the high demand in transaction fee. It is also not a surprise that forks (like the upcoming one) will be conducted in order to overcome and surpass bitcoin. Although, is there an assurance that after million of people adapt the segwit and after using it for years, it's transaction speed won't end up the same way as bitcoin? Remember, there are different factors that contributed to the slow transaction and high transaction fees of bitcoin. Plus, your comment of $100 per transaction, I have never heard of such thing. Transaction cannot go as high as that and even if it does, you won't be waiting for hours for a confirmation. I don't believe these forks were truly made to surpass Bitcoin. I'm pretty sure the developers want to make a quick buck, first and foremost. The improvement part is secondary, if they are even able to pull it off. What do you mean by steal your bitcoins. That will not happen nor are transactions $100 a go they are less than that. Besides Bitcoin Core offers Segwit accounts which makes Segwit2x essentially useless can somebody tell me why people are not upgrading to Segwit on Bitcoin Core but quick to jump to a Segwit coin that is already activitated? It makes zero sense to me.
Most decisions like these are political. Segwit2x (the cancelled one) supporters wanted to kill off the Core dev team and not much else. Either way, nothing will happen. It failed once, it will fail again. If nothing else, we'll get a mini pump from people wanting to get free coins.
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SONG GEET
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December 27, 2017, 05:23:55 AM |
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Whats going to happen after the 28th of december? Then segwit unleash its b2x, and steals all bitcoins from first year adopters.
Steal all bitcoins from first year adopters? Where you get that info? Talking about segwit2x, I think it will be useless just like other clones in long term but in term it might get few pumps from speculators. Segwit is already activated in bitcoin but services haven't upgraded their wallet that's why transaction fee is like normal transactions.
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Yakamoto
Legendary
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Activity: 1218
Merit: 1007
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December 27, 2017, 05:48:47 AM |
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Whats going to happen after the 28th of december? Then segwit unleash its b2x, and steals all bitcoins from first year adopters.
There's supposed to be some stealing going on? I've never heard of anything even close to this besides your wild speculation, so if you can provide some sources that'd be nice. It probably won't have anything interesting happen with it either since there is next to no interest for yet another fork which isn't going to amount to much and, if people really want to trade it, they can but it will die soon after its conception, like most forks and shitcoins. It's a shame that SegWit didn't catch on more, we might have fewer transactions in the mempool if that was true.
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tlqewcwf
Newbie
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December 27, 2017, 05:55:05 AM |
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So. That will cause a great shock to the bitcoin. Everyone must be ready. I think it's time to pay attention to the risk.
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kiver
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December 27, 2017, 06:37:26 AM |
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i dont think the segwit2x project that got "canceled" before and now they are bringing it back again will have any effect they lost a lot of trust when they didn't go with the fork at first time what news could they bring now any we will waot and see what might happen...
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FFFFound (OP)
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Activity: 82
Merit: 10
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December 27, 2017, 08:36:20 AM |
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Whats going to happen after the 28th of december? Then segwit unleash its b2x, and steals all bitcoins from first year adopters.
Steal all bitcoins from first year adopters? Where you get that info? Talking about segwit2x, I think it will be useless just like other clones in long term but in term it might get few pumps from speculators. Segwit is already activated in bitcoin but services haven't upgraded their wallet that's why transaction fee is like normal transactions. "BTC holders will receive, not only B2X in the ratio of 1:1, but also as a reward for your commitment to progress, the proportional number of Bitcoin of Satoshi Nakamoto who mined it in the first year of the network’s existence" Official link https://themerkle.com/segwit2x-to-be-reborn-in-coming-weeks-ahead/ im not even sure how they going to extract it but if they are capable of this then bitcoin isn't safe for investors
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Pursuer
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Activity: 1638
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Where is my ring of blades...
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December 27, 2017, 09:03:06 AM |
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it is a premined altshitcoin, what do you expect to happen after it? it has 6 million coins premined! that is nearly 40% of the circulating supply of the coin! they are not "extracting" anything. they are simply adding an exception for those coins which makes those particular ones spendable on their chain. it has nothing to do with bitcoin. and nothing will change for bitcoin or for those coins on bitcoin blockchain. you can also make a fork of bitcoin and spend any coins that you want. that is how a fork works, you make something that is impossible, possible. or vice versa.
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Only Bitcoin
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Alex_nutis
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Thank you for +Merit
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December 27, 2017, 04:11:19 PM |
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Perhaps there will be growth, as after the fork in August. And maybe there will be a fall because of the New Year holidays. Predict no one can, need to observe and act on the fact.
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budz0425
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December 27, 2017, 04:17:42 PM |
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Perhaps there will be growth, as after the fork in August. And maybe there will be a fall because of the New Year holidays. Predict no one can, need to observe and act on the fact.
I believe as well that bitcoin price will surely increase after tomorrow, it really hard to predict but I guess we should just continue to hold it so that whatever happens there is no regret because if the price becomes low still we can hold and wait again but when price goes up then it is a happy new year for everyone.
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