Topic: already: Miners Begin Running Segwit2x Software (Read 931 times)
What is this segwit2x now? we were discussing about segwit for almost 6 month and everyone were like no this is bad this is a horse from trojan lands but now suddenly something added to it like 2x and it's all good?
Nice to hear this as most of my friends has sold their bitcoin at loses because of the fear of split in bitcoin network. I read on reddit this evening that about 80% miner are using segwit2x and if this continue for the next two days we may not have split of network. I am not a miner but a trader and my prayers is to see bitcoin growing.
Doesn't it activate when > 80% are signaling for it ?
Segwit2x must be over 95% I guess. BIP91 over 80%. It is more likely BIP91 is going to be confirmed.Edit: all my sources show different numbers and explanations. Information can be wrong. BIP91 is compromise between Segwit2x and BIP148 if sources are right.
I am as pleased as anyone else that real progress is being made on fixing Bitcoin's problems, but am still a bit concerned that SegWit(2x) may not implement well, have bugs, etc.
I am quite sure that if there was more time, it would have been used to test everything properly, and iron out whatever bugs if there, but that time isn't on hand with the first of August knocking on the door. I however think that's the least of the things that a lot understanding people here concerns. Crucial factor comes out of hiding when we will see how things will be once the hard fork kicks in, in the next three or so months after SegWit activation. From that point we can expect another period of uncertainties incoming (i.e fluctuation time).
And, that was pointed out on another thread, there may be more threats from ChinaCoin/Ver...
Both Jihan and Ver are a toxic element in the crypto world. It has been pretty clear that they operate with hidden agendas. I won't be surprised to see them at some point make another attempt to 'take over' Bitcoin. On the other hand, it's quite funny that they could use their financial power, and toxic general influence to launch a new altcoin (no fork) where they rule every aspect with iron fist, but they aren't doing it. It would surely nurse their hunger for power to a certain extent....
Today it looks rather calm, can´t imagine that the price will plunge below 2000$
24Hr High 2303,88935546 $
24Hr Low 2261,08826301 $
(source: Coingecko)
24Hr High 2303,88935546 $
24Hr Low 2261,08826301 $
(source: Coingecko)
...
So, what should we be looking for on July 21?
I am as pleased as anyone else that real progress is being made on fixing Bitcoin's problems, but am still a bit concerned that SegWit(2x) may not implement well, have bugs, etc.
And, that was pointed out on another thread, there may be more threats from ChinaCoin/Ver... UNITY would make Bitcoin stronger and instill more confidence among new users and merchants, the real keys to BTC getting really BIG.
So, what should we be looking for on July 21?
I am as pleased as anyone else that real progress is being made on fixing Bitcoin's problems, but am still a bit concerned that SegWit(2x) may not implement well, have bugs, etc.
And, that was pointed out on another thread, there may be more threats from ChinaCoin/Ver... UNITY would make Bitcoin stronger and instill more confidence among new users and merchants, the real keys to BTC getting really BIG.
Doesn't it activate when > 80% are signaling for it ?
Sort of. When over 80% of blocks mined in a 336-block period (about 2 1/3 days) are signalling for BIP 91 it will lock in, and after another 336 block period nodes that run BIP 91 software will drop blocks that don't signal for SegWit.So it could be that the hashrate support is <80%, but by coincidence >80% of the blocks are for SegWit.
Prepare for a panic shitstorm and sub $1500 prices. The charts are going to be magical tonight.
>Go very low and never recover>Drop back down to $700
>Drop back down to $1000
>Drop back down to $1200
>Drop back down to $1500
Damn, you must regret selling so long ago.
Prepare for a panic shitstorm and sub $1500 prices. The charts are going to be magical tonight.
Oh, then you could not get in touch with your guru.
Connection error, it is currently not possible to connect to your guru, please try again later
Since the price is
or more 2000 that it is already good for me
Prepare for a panic shitstorm and sub $1500 prices. The charts are going to be magical tonight.
Tonight? SegWit2x won't activate before the 21st of July.in case you didn't know, this user is the famous "kwukduck" who is known for his FUD on bitcointalk. don't take his seriously, he is harmless and mostly provides our fun around here. he usually resides in the speculation board.
if you check out his post history you can see he has always been saying dumb stuff like that to make people laugh. all the prices in his comments should be +$1000 to reach the real price
...
Confidence seems up now that Bitcoin price is about $2250, well off its recent lows. Let's hope that the implementation goes well and that the BTC community can now come together and think about FUTURE problems that will need to be solved. And plan better for solving them.
With a BTC market value of over $35 billion, one would think that rational solutions and behavior would be very important, even among miners trying to keep fees high. If they kill Bitcoin because of short-term stupidity, then they will lose too.
Perhaps we will see a large drop in the prices down. Before August 1, the situation is not stabiliziruemost. I don't believe that bitcoin will split, but many people are afraid of this. I know a man who 373 of bitcoin. He doesn't want to risk it and sold my coins. Confidence seems up now that Bitcoin price is about $2250, well off its recent lows. Let's hope that the implementation goes well and that the BTC community can now come together and think about FUTURE problems that will need to be solved. And plan better for solving them.
With a BTC market value of over $35 billion, one would think that rational solutions and behavior would be very important, even among miners trying to keep fees high. If they kill Bitcoin because of short-term stupidity, then they will lose too.
this segwit2x is new software.bitcoin community’may see the protocol Segregated Witness Segwit activated as the mining community has begun to signal BIP91. The proposal BIP91 is a combination of Segwit2x and BIP148. The version 1.14.4 code has been pushed to the repository by the Segwit2x working group, and a few mining pools have already started running the protocol. this is new one so we have to see it.
I do agree with your statement that the mining community has begun to signal BIP91 and if we look at the pie chart we will notice that this idea is true. Many opinions went out and explains why BIP91 which is a combination of Segwit2x and BIP148 and its leading to this one reason and that is to avoid any hardfork to happen after August 1. But I do know if hardfork will no longer occur since bitmain is already fixed and are already preparing to support the BIP91. So let us just hope that there will be no more hardfork and there will be no more split so as to not cause panic and worry to bitcoin users.
this segwit2x is new software.bitcoin community’may see the protocol Segregated Witness Segwit activated as the mining community has begun to signal BIP91. The proposal BIP91 is a combination of Segwit2x and BIP148. The version 1.14.4 code has been pushed to the repository by the Segwit2x working group, and a few mining pools have already started running the protocol. this is new one so we have to see it.
...
Confidence seems up now that Bitcoin price is about $2250, well off its recent lows. Let's hope that the implementation goes well and that the BTC community can now come together and think about FUTURE problems that will need to be solved. And plan better for solving them.
With a BTC market value of over $35 billion, one would think that rational solutions and behavior would be very important, even among miners trying to keep fees high. If they kill Bitcoin because of short-term stupidity, then they will lose too.
Confidence seems up now that Bitcoin price is about $2250, well off its recent lows. Let's hope that the implementation goes well and that the BTC community can now come together and think about FUTURE problems that will need to be solved. And plan better for solving them.
With a BTC market value of over $35 billion, one would think that rational solutions and behavior would be very important, even among miners trying to keep fees high. If they kill Bitcoin because of short-term stupidity, then they will lose too.
Doesn't it activate when > 80% are signaling for it ?
Prepare for a panic shitstorm and sub $1500 prices. The charts are going to be magical tonight.
Tonight? SegWit2x won't activate before the 21st of July.
Prepare for a panic shitstorm and sub $1500 prices. The charts are going to be magical tonight.
...
I suppose we will start soon seeing if all of the sturm-und-drang was just big problems with FUD or whether there are SegWit2x. Perrhaps all may be going well, as BTC price is up over $2150 (when I last checked a minute or so ago).
Get lots of popcorn for the next three weeks or so, should be entertaining.
I suppose we will start soon seeing if all of the sturm-und-drang was just big problems with FUD or whether there are SegWit2x. Perrhaps all may be going well, as BTC price is up over $2150 (when I last checked a minute or so ago).
Get lots of popcorn for the next three weeks or so, should be entertaining.
Well there, possibly, went my cheaper bitcoins...
Trust me, I've never been this exited about something like I am about this, can't wait to see what's going to happen on the last week of july and the first week of august.
...
I suppose we will start soon seeing if all of the sturm-und-drang was just big problems with FUD or whether there are SegWit2x. Perrhaps all may be going well, as BTC price is up over $2150 (when I last checked a minute or so ago).
Get lots of popcorn for the next three weeks or so, should be entertaining.
I suppose we will start soon seeing if all of the sturm-und-drang was just big problems with FUD or whether there are SegWit2x. Perrhaps all may be going well, as BTC price is up over $2150 (when I last checked a minute or so ago).
Get lots of popcorn for the next three weeks or so, should be entertaining.
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