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Topic: Bitcoin november hard fork? - page 4. (Read 3624 times)

member
Activity: 406
Merit: 10
September 08, 2017, 06:40:49 AM
#46
How will the price of BTC be affected? And how about altcoins? Will we get more "free" money, just like it happened with BCH?
hero member
Activity: 2926
Merit: 795
September 08, 2017, 06:36:08 AM
#45
Is the price of bitcoin going to be largely afffected by this fork in november?

Markets hate uncertainty. If there is uncertainty around a potential network split, contentious fork, etc. then I would expect that to be reflected in the market. We are still months away from the fork, though, so for now we can continue rallying to new highs. But come late October, I expect there to be some hedging against disaster.

Segwit2x will fail just like all the other unnecessary hardfork attempts, and they will pay for the damage caused to Bitcoin holders.

Let's hope so. I'll say this: the forkers are getting better. XT was a joke and was easy to fight. Now we've got major mining pools fighting one another. Large services at odds with one another. And even internal struggles.... I saw the CEO and CTO of BitGo duking it out on Twitter yesterday. The interests behind Segwit2x are much more powerful than any previous fork attempt.
After the August hard fork ,i was not really afgected anymore in any issues regarding any correction or split . I will just keep on watching and believe that btc can recover in any storm .
hero member
Activity: 697
Merit: 520
September 08, 2017, 06:28:28 AM
#44
Is the price of bitcoin going to be largely afffected by this fork in november?

Markets hate uncertainty. If there is uncertainty around a potential network split, contentious fork, etc. then I would expect that to be reflected in the market. We are still months away from the fork, though, so for now we can continue rallying to new highs. But come late October, I expect there to be some hedging against disaster.

Segwit2x will fail just like all the other unnecessary hardfork attempts, and they will pay for the damage caused to Bitcoin holders.

Let's hope so. I'll say this: the forkers are getting better. XT was a joke and was easy to fight. Now we've got major mining pools fighting one another. Large services at odds with one another. And even internal struggles.... I saw the CEO and CTO of BitGo duking it out on Twitter yesterday. The interests behind Segwit2x are much more powerful than any previous fork attempt.
legendary
Activity: 1204
Merit: 1028
September 08, 2017, 06:19:30 AM
#43
Is it truly essential for BTC to hard fork again to increase the size of the blocks? Wasnt Segwit enough already?

If Jeff Garzik and his people were sensible, they should delay the November hard fork and think about it further. Segwit2x should also provide replay protection for its users. I heard there was none. Is this true? Why dont they want it to have replay protection?

Jeff Garzik is a government puppet trying to get on top of the Bitcoin main branch development by stealing Bitcoin Core's hardwork and putting all of his "blockchain analysis" crap (google Jeff Garzik bloq) into the protocol.

Anyone defending segwit2x is a government shit or a retard, and must, and will, be stopped.

Miners are already defecting to avoid the disaster of 3 bitcoins and a massive price crash, nobody with a brain wants to be part of that, because they know they are going to piss a lot of people, maybe the wrong people.

Wang Chung from f2pool has already rejected the agreement and he is being threatened by Bitmain already:

https://twitter.com/f2pool_wangchun/status/902993967460925440

https://twitter.com/WhalePanda/status/905051845596471296

Segwit2x will fail just like all the other unnecessary hardfork attempts, and they will pay for the damage caused to Bitcoin holders.
full member
Activity: 154
Merit: 100
September 08, 2017, 06:13:58 AM
#42
Is the price of bitcoin going to be largely afffected by this fork in november?
hero member
Activity: 994
Merit: 504
September 08, 2017, 02:17:13 AM
#41
Will bitcoin hard fork in November result in a third coin forked out from "Bitcoin"?

Another segwit means another new altcoin ,thats exciting
meaning well be able to have that new coin equals to how many btc we have in the exchange..
means another extra profit Cool Wink
legendary
Activity: 1946
Merit: 1137
September 08, 2017, 01:23:48 AM
#40
lets clear this matter up

replay protection is not needed!


Excuse me but lets not get into the politics and the counter propaganda. Isnt it dangerous for the users not to have replay protection in case of another fork happening? That would be unfair for some of them because there are some who dont want to use Segwit2x coins. Is the concern for the safety of our coins one of the objectives of the hard fork?

political crap and propaganda is the main part of scaling debate. just in this topic and others regarding this, 90% of the comments are throwing insults at individuals some calling core evil and others call J. Garzik evil! out of thousands and thousands of comments you rarely see "why 2 MB hard fork is bad" (possibly 1 out of 10,000) but you keep seeing people repeat same bullshits over and over again.

and as for replay protection, it is not needed if the fork has the overwhelming majority support. just the same way SegWit fork didn't need replay protection. the 2 MB hard fork is unclear now. we have to wait to see what will happen in reality. if nobody is left mining the 1 MB blocks there is no need for replay protection! but if the support falls below the current >95% then yes it is mandatory to have replay protection.

i personally am against this hard fork. it is too rushed because we just got SegWit and the 2 MB hard fork will double the potential capacity to 8 MB. there needs to be more time at least if we are to get that hard fork. this year is way too soon.
first let the wallets release their new version enabling SegWit transactions, implement the keys (BECH? or whatever it is called) and then let people switch and see how SegWit works and then we can talk about a hard fork.
sr. member
Activity: 868
Merit: 259
September 07, 2017, 10:07:59 PM
#39
lets clear this matter up

replay protection is not needed!


Excuse me but lets not get into the politics and the counter propaganda. Isnt it dangerous for the users not to have replay protection in case of another fork happening? That would be unfair for some of them because there are some who dont want to use Segwit2x coins. Is the concern for the safety of our coins one of the objectives of the hard fork?
full member
Activity: 672
Merit: 127
September 07, 2017, 09:24:31 PM
#38
If this is possibe, it's time to stock up our bitcoin to have another free altcoin just like BCC but does our wallet includes here?
Last time i have a portion of my BTC in bittrex and automatically having a airdrop of BCC. Hope wallets are also included in this. Kampay!!!
legendary
Activity: 2380
Merit: 1343
September 07, 2017, 05:29:35 AM
#37
as a relative newbie to the bitcoin scene I dont like
all this forking, I would have preferred the November fork
before the August fiasco as there seems to be more industry
backing of the one coming up. The only thing is FREE coins,
it cannot be good, will it be just diluting the bitcoin pool?
member
Activity: 62
Merit: 10
September 07, 2017, 05:24:51 AM
#36


this is why i still don't know what SegWit2x is going to do to bitcoin!

In and by itself... nothing good. 
legendary
Activity: 4270
Merit: 4534
September 07, 2017, 05:19:24 AM
#35
So you know a replay protection is required, because a split may happen.
Do you really think the Core dev will let a bunch of political lobbyists hijack Bitcoin ?

the main core devs are part of the "political lobbyists"
the NYA (segwit2x) is headed by barry silbert who owns DCG.co
check DCG portfolio.... oh look bloq (jgarzic) and blockstream(sipa)
what you need to realise is the lobbyists BAITED segwit2x because the majority of the community wanted 2x, but the lobbyists wanted segwit.
so now they got their segwit. they are now refusing the 2x part
its called a bait and switch

but as the links in my past post showed, the devs decided THEIR direction for bitcoin WITHOUT the community.
full member
Activity: 378
Merit: 101
September 07, 2017, 04:57:10 AM
#34
I think segwit in november will make bitcoin better,
yes there may be more schisms
and will give birth to a new coin again like BCH
we just wait and enjoy the process ,, it will not harm us
hero member
Activity: 910
Merit: 501
September 07, 2017, 03:45:17 AM
#33
Will bitcoin hard fork in November result in a third coin forked out from "Bitcoin"?
The fork will happen in November as being propagated by the promoters and another coin will come just like we had BCH and now we are having another rain drop of free money being pumped into the market. In all, I still think bitcoin core which is the one we are much more about and the centre of attraction will be stand tall in the midst of the storm.
When BCH forked, they had about 5% of the hashing power (I think, don't know the exact number anymore).
Segwit2x has about 90% at the moment.
F2Pool said to withdraw the support, but hey still flag it. And because they still flag the support we must assume they will keep supporting.
When you just look at those numbers, everything points to the conclusion that this time the new chain will be the stronger one. By far.
sr. member
Activity: 476
Merit: 254
September 07, 2017, 03:10:25 AM
#32
Will bitcoin hard fork in November result in a third coin forked out from "Bitcoin"?
The fork will happen in November as being propagated by the promoters and another coin will come just like we had BCH and now we are having another rain drop of free money being pumped into the market. In all, I still think bitcoin core which is the one we are much more about and the centre of attraction will be stand tall in the midst of the storm.
full member
Activity: 364
Merit: 118
Bounty Campaign Manager? --> https://goo.gl/YRVVt3
September 07, 2017, 02:30:58 AM
#31
yep

the devs of core have already ruled out making core compatible and done everything they can to force it to be an altcoin.

this is why blockstream employees can no longer deny that they control bitcoin
https://github.com/bitcoin/bitcoin/pull/11128

sipa closed it the same day it was opened, giving no chance for the community to review, interrogate, consider or choose

real funny part
https://bitcoincore.org/en/2017/08/18/btc1-misleading-statements/
they pretend upgrades should only happen with community support yet do everything to avoid community involvement/choice

They really decide internally ? and doesn't even take time to consider what community wants?. It seems like i smell a politics here, maybe they are really planning to control bitcoin but if that's the case , does a secret entity do control them? This is really contentious.
sr. member
Activity: 401
Merit: 250
Presale is live!
September 07, 2017, 02:28:24 AM
#30
It may or may not happen. But my concern is "are they gonna protect us from replay attacks?" and "is it gonna be smooth fork just like bitcoin cash?" I am really nervous about these fork discussions.
hero member
Activity: 1138
Merit: 574
September 07, 2017, 02:25:47 AM
#29
lets clear this matter up

replay protection is not needed!

whn a implementation wants to utilise consensus to upgrade the network when it activates there would be only ONE network, meaning no double coins.. just a majority continuing on one network and a minority stalled with orphans unable to sync. end of

when core demand replay protection they are basically saying they want to create an altcoin by refusing to be part of the upgrade(new implementation(bip)) and will force a altcoin generation if people run the new implementation(bip).

what core should be doing is not being dictators and cause an altcoin. but instead let consensus do its job.

core have bypassed consensus a couple times now to follow the dictator roadmap designed by blockstream and tried pointing fingers elsewhere

EG avoided consensus and then gave the vote to only pools and then hypocritically blamed the pools.

in november core will have code to avoid communication with the next bip yes CORE putting in code to avoid communication with the next bip implementations.. but core will again blame the implementation when infact its core causing the split.

i really wish more people would understand the technology, code, rules and whats actually going on, instead of reading the reddit propaganda

So you know a replay protection is required, because a split may happen.
Do you really think the Core dev will let a bunch of political lobbyists hijack Bitcoin ?
legendary
Activity: 1330
Merit: 1003
September 07, 2017, 02:24:39 AM
#28
is this bitcoin cash Huh i’m newbie here

nope. some might say "same shit, different day" but the planned november fork seems to have much more economic backing. most miners signed the NYA, and so did most big businesses like bitpay and coinbase and dgc (silbert/GBTC), etc.

and there seems to be more support among users as well. so i'm less confident that things will go quite as smoothly this time. the core developers and many users are still opposing the fork, so a major split seems very possible.

I just hope they do whatever it takes to get the Lightning Network up and running. We cannot continue with this low transaction processing capability and high transaction fees. Not that they have been too bad as of late, but it is still a major issue that needs to get addressed asap! I would much prefer instant, nearly free transactions like the early days of Bitcoin over large fees and long wait times, even if this involves a hard fork.
legendary
Activity: 1652
Merit: 1483
September 07, 2017, 02:18:20 AM
#27
is this bitcoin cash Huh i’m newbie here

nope. some might say "same shit, different day" but the planned november fork seems to have much more economic backing. most miners signed the NYA, and so did most big businesses like bitpay and coinbase and dgc (silbert/GBTC), etc.

and there seems to be more support among users as well. so i'm less confident that things will go quite as smoothly this time. the core developers and many users are still opposing the fork, so a major split seems very possible.
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