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Topic: August 1st vs Hard fork in November discussion (Read 1715 times)

member
Activity: 87
Merit: 11
October 21, 2017, 10:18:05 AM
#24
This November hardfork is making altcoins bleed. FUD! Are alts rekt?
newbie
Activity: 56
Merit: 0
Bump. Interested in community opinions on this during this bitcoin rally.
hero member
Activity: 1148
Merit: 527
Hello, I am interested in opinions of the community for the upcoming hard fork in November, is the FUD possibly going to be bigger as we approach 2MB hard fork in November compared to August 1st etc....
Please try to back up you're opinions with arguments so we can discuss.

I'm so sick of this hard fork shit. We finished that in march 2017. We started for 1 august event and we're going to november hard fork shit. This is really not meaningful anymore. They use this situation to manipulate coin prices and that's all. No real progress or something.
What is it going to November on the place of 1 Aug? Like it didn't get what are you saying kindly tell me in a simple words that I can get the question answer as you said. Like we have hard work and ready for 1 August now 1 August replace with 1 November like I’m not getting this step I would like to say that it might be fake news. Because they have posted there self for 1 August.
Nothing well be happen as you said that it is fake new so yes it is confirmed fake new. But one thing will happen. Now ask me what will happen? It sounds great that bitcoin will cross $3200 USD so yes I would like to say that go ahead for your hard work and earn more because 1 August is also safe and there is nothing will be happen on November because it is just fake news which is posted by haters who do not want to see bitcoin market success in the market of currencies around the world.
full member
Activity: 182
Merit: 100
I've received bitstamp and coindesk statements that they are not going to support BCC if HF will happen.... so basically bcc is screwed from very begining as alt-coin.

no worries btc will be just fine
sr. member
Activity: 453
Merit: 251
Presale Starting May 1st
I don't think hardfork is ever gonna happen to bitcoin at all. It is working finished product with no other bugs. Improving usefulness is more important so I think segwit is better and will happen safely.
sr. member
Activity: 1484
Merit: 254
This is the hardest test for bitcoin, everything will be so determined in the next few days, I hope there is no serious problem with hard fork on August 1st and bitcoin will brilliantly.
copper member
Activity: 1330
Merit: 899
🖤😏
Look what you have done to this community, just read the above poster comment and concerns after understanding what his concerns are, lol.
Hard forks without majority consensus are the things Core team trying to avoid as any body with some brain would like to avoid.
I haven't seen anywhere any body talking about a simple block size increase, but I'd say lets remove asicboost and increase the block size but lets do it with 95% consensus, this way both sides are compromising equally, we need to do what is best for Bitcoin, results matters not short time profit.
legendary
Activity: 1302
Merit: 1037
Hello, I am interested in opinions of the community for the upcoming hard fork in November, is the FUD possibly going to be bigger as we approach 2MB hard fork in November compared to August 1st etc....
Please try to back up you're opinions with arguments so we can discuss.

I'm so sick of this hard fork shit. We finished that in march 2017. We started for 1 august event and we're going to november hard fork shit. This is really not meaningful anymore. They use this situation to manipulate coin prices and that's all. No real progress or something.
What is it going to November on the place of 1 Aug? Like it didn't get what are you saying kindly tell me in a simple words that I can get the question answer as you said. Like we have hard work and ready for 1 August now 1 August replace with 1 November like I’m not getting this step I would like to say that it might be fake news. Because they have posted there self for 1 August.
legendary
Activity: 1204
Merit: 1028
I don't think the 2MB fork is going to happen, certainly not by November at least.

Segwit was a comparative piece of piss - a thoroughly tested, ready to roll soft fork. A hard fork is a different beast and I don't think the developers will have enough weight to convince anyone else to run it.

There is no way every exchange, miner, economic player and wallet is going to leap wholesale into code that's a few weeks old developed in private. That's a fucking joke.

If Core proposed that they'd get their arses kicked, let alone anyone else.

The ONLY way I see a hardfork happening is if it takes at least up to 1 to 1 and a half years in preparation. If you google "bitcoin hardfork research" you will see a link with all the research that is being done in preparation for an hypothetical hardfork. There's something called spoonnet that apparently it's a big deal, I still need to do research on that.
full member
Activity: 242
Merit: 100
Hello, I am interested in opinions of the community for the upcoming hard fork in November, is the FUD possibly going to be bigger as we approach 2MB hard fork in November compared to August 1st etc....
Please try to back up you're opinions with arguments so we can discuss.

Bitcoin community had a lot of newcomers with very weak hands in a past few months, and someone successful planted in their minds an idea that chain split = doom. So when users simply discussing potential forks, confused newbies are getting scared even though no one tried to intentionally spread FUD. This increases volatility to new levels, as many people are in constant panic state and sell/buy emotionally.
So, I think the price will be very unstable until the drama is officially over, and then we'll go to the moon.

Drama is unlikely to ever officially end. I understand that some people get a big profit from the fact that the price of bitcoin periodically falls from bad news about the split. This is a manipulation that has been working for several months
legendary
Activity: 3024
Merit: 2148
Hello, I am interested in opinions of the community for the upcoming hard fork in November, is the FUD possibly going to be bigger as we approach 2MB hard fork in November compared to August 1st etc....
Please try to back up you're opinions with arguments so we can discuss.

Bitcoin community had a lot of newcomers with very weak hands in a past few months, and someone successful planted in their minds an idea that chain split = doom. So when users simply discussing potential forks, confused newbies are getting scared even though no one tried to intentionally spread FUD. This increases volatility to new levels, as many people are in constant panic state and sell/buy emotionally.
So, I think the price will be very unstable until the drama is officially over, and then we'll go to the moon.
legendary
Activity: 2982
Merit: 2113
That won't prevent a 2MB fork from happening. We already see with BCC that some parties are willing to fork off without consensus and widespread support, something similar may very well happen again.

This fork is supposed to be essence of non contention. It won't be. It'll be ignored by the majority. Then we'll have even more free and irrelevant forkcoins.

What makes you so sure of it? Before Bip 91 a lot of miners where signalling for BU (at times even more than for Segwit). The Segwitx2 proposal seems to find more community acceptance than BU ever did. So what makes you so sure that no hard fork will occur? Questionable code rarely stopped anyone. It doesn't need all miners to fork, only a significant amount.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
That won't prevent a 2MB fork from happening. We already see with BCC that some parties are willing to fork off without consensus and widespread support, something similar may very well happen again.

This fork is supposed to be essence of non contention. It won't be. It'll be ignored by the majority. Then we'll have even more free and irrelevant forkcoins.
legendary
Activity: 2982
Merit: 2113
I don't think the 2MB fork is going to happen, certainly not by November at least.

Segwit was a comparative piece of piss - a thoroughly tested, ready to roll soft fork. A hard fork is a different beast and I don't think the developers will have enough weight to convince anyone else to run it.

There is no way every exchange, miner, economic player and wallet is going to leap wholesale into code that's a few weeks old developed in private. That's a fucking joke.

If Core proposed that they'd get their arses kicked, let alone anyone else.

That won't prevent a 2MB fork from happening. We already see with BCC that some parties are willing to fork off without consensus and widespread support, something similar may very well happen again.
member
Activity: 98
Merit: 10
The FUD will certainly be bigger because this time there isn't complete consensus on a hardfork where as segwit was eventually locked in with more or less 100% of mining power.

This creates uncertainty and a much higher chance of a chain split meaning much higher chance of extreme FUD as it happens.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
It's impossible to say at this point. I am leaning towards a 50% chance of the hard fork kicking in like it should, according to the proposal terms. The other 50% will cause the fud train to start rolling again, and may even temporarily make us move through a bear market. But hey, we can only speculate about what might or might not happen by that time. None of us here can add anything contributing to this matter as we as community members are basically muppets in this whole situation.

I'd be gobsmacked if every single player chose to run that code. Despite all the Unlimited shit not one single signaller of note was actually running it. It was Core all the way.

The Garzik crew is basically asking everyone to jump on board and not look back in a matter of weeks. That's every dollar, Euro or Yuan ever invested being expected to depend on something that barely exists yet. That simply is not going to happen.
legendary
Activity: 1232
Merit: 1091
I don't think the 2MB fork is going to happen, certainly not by November at least.

It's impossible to say at this point. I am leaning towards a 50% chance of the hard fork kicking in like it should, according to the proposal terms. The other 50% will cause the fud train to start rolling again, and may even temporarily make us move through a bear market. But hey, we can only speculate about what might or might not happen by that time. None of us here can add anything contributing to this matter as we as community members are basically muppets in this whole situation.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
I don't think the 2MB fork is going to happen, certainly not by November at least.

Segwit was a comparative piece of piss - a thoroughly tested, ready to roll soft fork. A hard fork is a different beast and I don't think the developers will have enough weight to convince anyone else to run it.

There is no way every exchange, miner, economic player and wallet is going to leap wholesale into code that's a few weeks old developed in private. That's a fucking joke.

If Core proposed that they'd get their arses kicked, let alone anyone else.
sr. member
Activity: 1400
Merit: 347
https://www.coindesk.com/bitcoin-unrealistic-bip-91-creator-scaling-segwit2x/

Now even a guy from Bitmain is against block increase.

They want to do it in just three months. This should be three years to be done properly.

If they fork, I will not follow the new coin. And will not sell either.

I run a non-listener node with Core 0.14.2.

The fact that is a 0 and not a 1 as first number, it's because is still in development.

If the big blockers try to dump BTC, I will buy more.

full member
Activity: 378
Merit: 100
Hello, I am interested in opinions of the community for the upcoming hard fork in November, is the FUD possibly going to be bigger as we approach 2MB hard fork in November compared to August 1st etc....
Please try to back up you're opinions with arguments so we can discuss.

I'm so sick of this hard fork shit. We finished that in march 2017. We started for 1 august event and we're going to november hard fork shit. This is really not meaningful anymore. They use this situation to manipulate coin prices and that's all. No real progress or something.

I'm already fed up with the news about the split. A few months ago, I was very worried about this, but now I became calm. I do not panic. And it seems to me that nothing significant will happen with the bitcoin network either in August or in November. Be calm and use your coins
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