August 1, Bitcoin will Ends? - page 6.

Denker

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Quote from: MachineZero on June 23, 2017, 05:09:27 PM

Bitcoin will not end. I think we will zoom past $3000 and be at $4000 a week later.
We really need smart contracts on Bitcoin to maintain first mover advantage. Many in my circle are skipping Bitcoin and getting drawn into ETH smart contracts because of ICOs.

We need smart contracts on Bitcoin? Really?!
So far there isn't even a single useful smart contract running on Vitalium?!The need and significance of smart contracts for a store of value is not needed imo!Furthermore it's more a buzz than a real thing at the moment.
You may get that with RSK as a sidechain. And that is enough!
99% of the ICOs are scam! They increase the size of the blockchain massively!
It seems you have absolutely no idea what you are talking about. But hey it's about the quick buck right?! Wink

noictib

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One of the world's leading Bitcoin-powered casinos

Quote from: rajuahmed330 on June 23, 2017, 01:51:09 AM

Bitcoin will seperate after august 1?

or

Bitcoin will end?

Some of sites written about this.

Need a Expert opinion or Real news. So waiting....

First of all the Bitcoin is immortal and it can't ever dead because it is the data written in online but it is impossible to erase this data without the permission of the owner of the Bitcoin network , so end of Bitcoin is impossible .
But in my opinion the Bitcoin is going toward the limit of the 21 millions so it may be possible that is the reason why they want to make another coin comparable to the Bitcoin and more impactful sppeder faster network chain .
But here the main thing is that segwit is replaced by the segwit2x( results into two chain one for the btc and second for the another coin ) but here only 80% of the chances are for the launching to work successfully . So here it is possible may be they don't launch segwit2 and renew the segwit ( old ) with the improvement and with better response with big block size .
( Here all arey opinion and according to the news that is spread in my friend circle about it ) .

jc89

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Quote from: rajuahmed330 on June 23, 2017, 01:51:09 AM

Bitcoin will seperate after august 1?

or

Bitcoin will end?

Some of sites written about this.

Need a Expert opinion or Real news. So waiting....

Bitcoin will separate? That sounds vague. Bitcoin will not split and there will no BU and BTC co-existence after the UASF. And as in addition, no separation will occur since this just a User Activated Soft Fork and not a Hard Fork (correct me if I am wrong here).

Bitcoin will not end upon the activation of segwit/UASF. The activation was proposed (and approved?) in order to upgrade Bitcoin so how come that this will trigger the end for Bitcoin?

Amph

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Quote from: RawDog on June 23, 2017, 11:13:03 AM

Quote from: Heartilly on June 23, 2017, 01:53:53 AM

As far as my understanding is correct since Im still new to bitcoin world, even with a chain split, there is still bitcoin.

If the chain splits, then you will have double Bitcoin. After split, hope for another split. Good way to get rich.

it's also a good way to kill the value, i don't think in the remote case of a chain split, the exchange will listen both chain as a bitcoin with the same value, it doesn't make sense

one of the chain will be listed as an altcoin, or simply not listed, and the exchange are with core they said it already, so any other chain is an altcoin

haroldtee

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Quote from: cpfreeplz on June 24, 2017, 11:20:44 AM

Quote from: haroldtee on June 24, 2017, 08:23:23 AM

Quote from: AlexBessonov on June 23, 2017, 05:25:58 PM

Quote from: crazyivan on June 23, 2017, 01:32:15 PM

OP, read a bit more before you spread FUD!

Segwit2x s been agreed on and as it seems now, it should be activated and ready for August 1. There will be NO BITCOIN FORK!

Yup — Segwit2x still hovering at around 80% though.
(https://coin.dance/blocks)

I think 80% is still good enough for now cause eventually the rest will be forced to join the bandwagon as 20% is a huge part of minority and I am sure no one wants to be part of that.

That's such old news. It's over 90% now. The minority is only the slow people it seems. Everyone has finally agreed to go ahead with segwith2x.

Oh! Thanks for the update. That is good to hear knowing there is now a full agreement on segwit2x. At least now, we fully know where we are heading as a community.

ecnalubma

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Segwit may have advantage and disadvantages, but the positive advantage might be lowering fees and making bitcoin user friendly when it regards to fees. This improvement and changes will still inprove the bitcoin ecosystem.

aesma

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fly or die

Quote from: mzforfree on June 24, 2017, 06:57:02 PM

Quote from: iamTom123 on June 23, 2017, 02:18:00 AM

Based on my own reading and research on this very important matter, for sure this will not be the end for Bitcoin and in fact this act is done to make Bitcoin more agile and efficient so that it can handle more transactions which hopefully can unclog the backlogs of transactions in the blockchain. There is no debate that there is a big problem in Bitcoin and what is being debated until now is the correct solutions or solutions for the problem of scaling.

Now, the worst that can happen will be the split almost similar to what happened to Ethereum that resulted into the classic Ethereum or ETC and the more popular ETH. In case, there would be a split then maybe we can be receiving two types of Bitcoin by then but this can of course affect the value of the coin most especially immediately after the event.

However, I still believe that there would be no split and if there is then it will not be bloody as feared by many. The bigger interest of the common people holding Bitcoin should prevail.

so how do we know which kind of BTC we have now if this happens?

The "beauty" of a hard fork when you own coins is that you should get double the coins. Coins on the new chain + coins on the old chain. Of course you need to really own the coins, meaning they must be in the right wallet.

DoublerHunter

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Quote from: mzforfree on June 24, 2017, 06:57:02 PM

Quote from: iamTom123 on June 23, 2017, 02:18:00 AM

Based on my own reading and research on this very important matter, for sure this will not be the end for Bitcoin and in fact this act is done to make Bitcoin more agile and efficient so that it can handle more transactions which hopefully can unclog the backlogs of transactions in the blockchain. There is no debate that there is a big problem in Bitcoin and what is being debated until now is the correct solutions or solutions for the problem of scaling.

Now, the worst that can happen will be the split almost similar to what happened to Ethereum that resulted into the classic Ethereum or ETC and the more popular ETH. In case, there would be a split then maybe we can be receiving two types of Bitcoin by then but this can of course affect the value of the coin most especially immediately after the event.

However, I still believe that there would be no split and if there is then it will not be bloody as feared by many. The bigger interest of the common people holding Bitcoin should prevail.

so how do we know which kind of BTC we have now if this happens?

I think the scenario will be like on what happen in ethereum, if you will put your bitcoins in a site or wallet that supports BIP148 then you are capable of receiving the new type of bitcoin where in ethereum it is called ethereum classic, so you just need to put it to a wallet and for sure there is difference in name of the coin so you will not get confused in bitcoin and the hard fork type of bitcoin.

mzforfree

newbie

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Quote from: iamTom123 on June 23, 2017, 02:18:00 AM

Based on my own reading and research on this very important matter, for sure this will not be the end for Bitcoin and in fact this act is done to make Bitcoin more agile and efficient so that it can handle more transactions which hopefully can unclog the backlogs of transactions in the blockchain. There is no debate that there is a big problem in Bitcoin and what is being debated until now is the correct solutions or solutions for the problem of scaling.

Now, the worst that can happen will be the split almost similar to what happened to Ethereum that resulted into the classic Ethereum or ETC and the more popular ETH. In case, there would be a split then maybe we can be receiving two types of Bitcoin by then but this can of course affect the value of the coin most especially immediately after the event.

However, I still believe that there would be no split and if there is then it will not be bloody as feared by many. The bigger interest of the common people holding Bitcoin should prevail.

so how do we know which kind of BTC we have now if this happens?

BillyBobZorton

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I have noticed that all the newbies and generally people that aren't hardcore bitcoiners that follow the news daily, are just catching up recently with UASF/BIP148 and the august 1st date, and they think something will happen. They still have not understood the fact that nothing is going to happen anymore because we got segwit, even if we got the shitty segwit2x, but who cares since it is compatible with Core.

Seansky

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Bitcoin would not end on August 1 and at the same time there will be no chain split if the bitcoin scaling proposal that was implemented by that time is segwit2x and not others. Even if others were implemented, bitcoin would not die but the chain splitting was possible if other proposals are implemented rather than segwit2x. For now I see segwit2x winning with more support than others.

Aleister Crowley

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Quote from: gribble on June 23, 2017, 03:29:35 AM

Quote from: rajuahmed330 on June 23, 2017, 01:59:27 AM

have a real bitcoin blog/forum site to know all update about bitcoin??

Bitcointalk is the best place to getting new information about the updating bitcoins include bitcoins hard fork
the other source of information, you can follow the news usually cointelegraph, coindesk and the merkle
all of them always makes update about bitcoins and another digital coins.

Indeed bitcointalk.org is the best site for news updates about bitcoin, whatever happens about bitcoin will always appear here a few seconds afterwards.
So we just follow some of those who post and we'll be pretty ahead of the incident.

Creepings

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Quote from: rajuahmed330 on June 23, 2017, 01:51:09 AM

Bitcoin will seperate after august 1?

or

Bitcoin will end?

Some of sites written about this.

Need a Expert opinion or Real news. So waiting....

It wll not separate because it is not joined at the first place. They will be just splitting the network into Bitcoin that we know and Bitcoin Classic. Saying that I don't think that it will be ending, there will be just new altcoin, Bitcoin Classic. So I don't think bitcoin will end just like that, with all the users nd investors, bitcoin will be immortal.

joshy23

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I still don't know what people have the slightest idea that bitcoin will always that if there is a uncertain event that will happen on bitcoin. Of course bitcoin will not end or die on Aug 1. We may have a price crash but bitcoin will always recover just like the other crash it has face and then after the dust has settled down, then bitcoin price will spike and go to new heights again.

Skarner21

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Massive price drop coming...

Quote from: South Park on June 24, 2017, 03:45:19 PM

Quote from: crazyivan on June 23, 2017, 01:32:15 PM

OP, read a bit more before you spread FUD!

Segwit2x s been agreed on and as it seems now, it should be activated and ready for August 1. There will be NO BITCOIN FORK!

I’m not an expert on the topic but Segwit2x will try to make a hard fork six months after activating segwit in order to raise the size of the blocks to 2MB? So in a way we are just buying time before a fork, also I have not seen the devs supporting Segwit2x at all, maybe they have done so but I have not read the news for some days.

Only miners can decide and supporting segwit2x that is why this coming august we will see what will be the effect of segiwt2x after activation. .
Hope that they can give a good effect and also for people afraid about the miners fee should be threat after this coming august 1..
Daily news every where is about the activation of segwit through BIP148.

South Park

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Quote from: crazyivan on June 23, 2017, 01:32:15 PM

OP, read a bit more before you spread FUD!

Segwit2x s been agreed on and as it seems now, it should be activated and ready for August 1. There will be NO BITCOIN FORK!

I’m not an expert on the topic but Segwit2x will try to make a hard fork six months after activating segwit in order to raise the size of the blocks to 2MB? So in a way we are just buying time before a fork, also I have not seen the devs supporting Segwit2x at all, maybe they have done so but I have not read the news for some days.

dady12

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saying that bitcoin will end is like saying the world will end in August which I can't take into account,atlfter the activation if segwit2x we will be experience a faster transaction as there won t be be delay in confirmation which we normally experience these days,we can have two phase of the coins just like ETH and ETC,I am buying more as I am not going to have any free of bitcoin will end or whatever

saenko

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Quote from: xuan87 on June 24, 2017, 08:22:59 AM

Quote from: Victorycoin on June 24, 2017, 08:11:59 AM

Quote from: crazyivan on June 23, 2017, 01:32:15 PM

OP, read a bit more before you spread FUD!

Segwit2x s been agreed on and as it seems now, it should be activated and ready for August 1. There will be NO BITCOIN FORK!

Exactly! Op had nothing but FUD to show for the alarm he raised and that clearly makes him out of touch with present goings-on in Bitcoin and entire cryptocurrency ecosystem. On this page, let's educate him and the likes, that Litecoin was used as guinea pig for segwit and to pave way for subsequent implementation on Bitcoin if satisfactory. Now that is exactly where we are headed, it is the time for Bitcoin and it has come to stay.

Yeah I think everyone is so concern with what is going to happened in august, but no matter what bitcoin is not going to end, bitcoin is not going to end that simple and seems like there will be only segwit implementation, no forking is going to happened

I read a lot of opinions about what will happen on August 1 and they say that bitcoins will have positive events. I really hope that it will be so. And I absolutely do not believe that for bitcoin this will be a bad event

carlisle1

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Quote from: Pab on June 24, 2017, 11:19:26 AM

Bitcoin cant die just like that.Seagwit is maybe not a best solution but at least it was tested by litecoin.There is nothing to be worry,it will be soft fork,worry can be ifwe will have hard fork to rise block size

yeah but if segwit succeed the value of bitcoin will rise up even more, i agree with most comment here aug 1 will just bring some hype or some falls down but it will make the comeback like before we already seen a lots of downfall and make a rebound and many of us already gained coming from this fluctuations so better to stay cool and wait for the result.

cpfreeplz

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Quote from: haroldtee on June 24, 2017, 08:23:23 AM

Quote from: AlexBessonov on June 23, 2017, 05:25:58 PM

Quote from: crazyivan on June 23, 2017, 01:32:15 PM

OP, read a bit more before you spread FUD!

Segwit2x s been agreed on and as it seems now, it should be activated and ready for August 1. There will be NO BITCOIN FORK!

Yup — Segwit2x still hovering at around 80% though.
(https://coin.dance/blocks)

I think 80% is still good enough for now cause eventually the rest will be forced to join the bandwagon as 20% is a huge part of minority and I am sure no one wants to be part of that.

That's such old news. It's over 90% now. The minority is only the slow people it seems. Everyone has finally agreed to go ahead with segwith2x.

Topic: August 1, Bitcoin will Ends? - page 6. (Read 7355 times)