[2017-11-17]Twist in The Plans of SegWit2x,Possibility of a Hard Fork Looms Over

Granxis

hero member

Activity: 1400

Merit: 536

Quote from: Wayan_Pedjeng on November 17, 2017, 06:38:48 AM

I hope they will go ahead with their plans. More free coins for us. Grin

I would like to see a Bitcoin that is divided into at least 10 parts, Bitcoin Gold and Bitcoin Cash already exist does not bring any further division benefit when it only brings damage

limek

member

Activity: 364

Merit: 10

It is better to have two chain, then we can have more coins. Grin

But, if change to SegWi2, then future...

Rahar02

hero member

Activity: 910

Merit: 523

Nothing significant so far, block 494784 has been passed.
So, it's mean we will get free b2x, waiting for this coin, hopefully better than bcash.
B2x has all the features of bitcoin, right? It should be better due to 2Mb blocksize, but community's support will decide whether it's worth more than bcash or just an ordinary altcoin.

greeklogos

full member

Activity: 658

Merit: 152

Do anybody besides me see some kind of connection between this two events, fork cancelling and BCC pump? I think the market is ruled and manipulated by a small group of people. Those people earns millions with this, but we also can enjoy in some drops of this money shower. I am talking about getting free coins Wink

(Melania)

newbie

Activity: 29

Merit: 0

What percentage of Bitcoin full nodes going to support it?

patrickUN

newbie

Activity: 32

Merit: 0

The milestone 494,784 bitcoin block for SegWit2x has been mined. Waiting if there was a fork.

Yieng7th

newbie

Activity: 47

Merit: 0

BTG , BCH , 2x is very risky methods to invest your money but good thing they can reduce price of bitcoin (will help us to buy more BTC) so i support them

Wayan_Pedjeng

sr. member

Activity: 913

Merit: 252

I hope they will go ahead with their plans. More free coins for us. Grin

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Of course a small group of miners want to go for it. And why wouldn't they, when other small groups of miners have shown the way to easy profits (Bcash and BTG), with even the most absurd of incompetency in handling a relatively simple fork didn't seem to impact prices too much (as in the case of BTG).

Whatever forks happen from now on will not have a fraction of the consequences that SegWit2x posed. Just plain old rinsing and repeating of cash grabs, but I really wonder if they've thought about what happens a year from now, two years, etc. when prices are no longer profitable and development stagnates or deteriorates.

Simple answer: they don't care.

patrickUN

newbie

Activity: 32

Merit: 0

The much-debated SegWit2x hard fork was being officially canceled last week after several community leaders and a large number of miners withdrew their support due to lack of consensus. As a result, the hard fork plans were completely halted which meant that Bitcoin will not be splitting into two, as projected earlier. However, just a few hours back, there has been the latest twist in this story as Director of Comms @ Coinbase, David Farmer took it to his Medium-blog that there are still a small group of miners who are attempting to go ahead with the hard fork.

Considering the possibility of network instability in such a case and in order to protect the customer’s funds, Coinbase is likely to suspend the buying/selling of Bitcoins 2 am Pacific Time on November 17th, an hour before the fork which is projected to occur between 6am to 8am Pacific Time on November 17th. Once the fork gets initiated and confirmed, all the normal operations will resume afterward. As per the latest information available on blockchain.info, the total number of blocks mined currently shows to 494743 and the SegWit2x is scheduled to take place at 494784 which is pretty close from the existing position.

https://www.coinspeaker.com/2017/11/17/twist-plans-segwit2x-possibility-hard-fork-looms/

Topic: [2017-11-17]Twist in The Plans of SegWit2x,Possibility of a Hard Fork Looms Over (Read 2804 times)