Bitcoin Unlimited?? | Bitcointalksearch.org

vrathamon

newbie

Activity: 29

Merit: 0

Original devs? o.O Since when did the developers of a bitcoin wallet become the original devs?

Quote from: carlisle1 on July 19, 2017, 02:27:14 AM

Quote from: Herbert2020 on July 19, 2017, 01:14:44 AM

any fork of bitcoin that can not gain enough support will become useless. it doesn't matter what it is. and so far community has shown that they have more support for SegWit because it comes from the Core developers that have been coding for bitcoin for man years. so even if they are not tech savvy they go with Core that they have always trusted not a new one.

that means even if BU or any other proposal in the future forks, they will gain very small support and eventually become like the many altcoins that have forked from bitcoin in the past and die off over time.

that's the closest explanation about this btu if wont gather enough support will die since the original dev are not willing to let them to make any entry

CryptosapienZA

full member

Activity: 378

Merit: 101

Quote from: Filmmmakerr on July 18, 2017, 10:06:57 PM

What happens to BTU when segwit is activated?

Nothing will happen but a 2mb hard fork will be implemented November

niisarearning

sr. member

Activity: 910

Merit: 252

I really dont know what heppens after hard fork segwit 2.0 may be the chances of what happened with ethereum like after hard fork splitted into ETH and ETC may it happens . I am holding my private key and paper wallet ready.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Most probably whats gonna happen is Segwit will get activated and miners will start supporting it. The price will start increasing and rest of the people will start supporting Segwit and hence the fork will be cancelled. Its just what i am thinking going to happen . Today i read somewhere that BIP91 is supporting Segwit and this increases the overall support of Segwit . Currently Segwit holds more than 80% of votes that it should be implemented. Miners have time till August 1 to give support to Segwit . If they dont then the chain will split.

hase0278

hero member

Activity: 882

Merit: 544

Quote from: Getmon on July 19, 2017, 03:29:16 AM

On the contrary, people are not thinking that a segwit will give them bitcoin unlimited. If you only observe a little more, most of the people are shaking afraid and panicking and even panic sell their bitcoins even at a loss.

There is no unlimited bitcoin as the amount remains the same. But there is no split, I am almost certain about it. There is only an upgrade happening.

A segwit implementation will not give people bitcoin unlimited because segwit and bitcoin unlimited are completely different bitcoin upgrade proposals. You are right though that many people panic sells their bitcoins now even at a loss, so at the end of the day, those people who panicked might regret their decision because bitcoin will recover anyway. For now I'll say that it is not certain if there will be a split or not, because the upgrades are not yet implemented.

Getmon

sr. member

Activity: 1400

Merit: 273

Quote from: Mieehayii on July 18, 2017, 10:11:15 PM

ok.
when segwit is coming, people eventually think of Bitcoin Unlimited, but unfortunally, it's almost dead.

Why does a senior member thinks this way? Huh

Or is the senior here the account only and not anymore the holder? Huh

On the contrary, people are not thinking that a segwit will give them bitcoin unlimited. If you only observe a little more, most of the people are shaking afraid and panicking and even panic sell their bitcoins even at a loss.

There is no unlimited bitcoin as the amount remains the same. But there is no split, I am almost certain about it. There is only an upgrade happening.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: Herbert2020 on July 19, 2017, 01:14:44 AM

any fork of bitcoin that can not gain enough support will become useless. it doesn't matter what it is. and so far community has shown that they have more support for SegWit because it comes from the Core developers that have been coding for bitcoin for man years. so even if they are not tech savvy they go with Core that they have always trusted not a new one.

that means even if BU or any other proposal in the future forks, they will gain very small support and eventually become like the many altcoins that have forked from bitcoin in the past and die off over time.

that's the closest explanation about this btu if wont gather enough support will die since the original dev are not willing to let them to make any entry
with bitcoin system as we knew segwit still gathering more support than this new one, it will die after like what you have said mate.

Herbert2020

legendary

Activity: 1946

Merit: 1137

any fork of bitcoin that can not gain enough support will become useless. it doesn't matter what it is. and so far community has shown that they have more support for SegWit because it comes from the Core developers that have been coding for bitcoin for man years. so even if they are not tech savvy they go with Core that they have always trusted not a new one.

that means even if BU or any other proposal in the future forks, they will gain very small support and eventually become like the many altcoins that have forked from bitcoin in the past and die off over time.

Filmmmakerr

sr. member

Activity: 518

Merit: 251

Hello. Bye.

I thought news was bitcoin was not gonna have a split?

decoder88

full member

Activity: 346

Merit: 103

Quote from: Mieehayii on July 18, 2017, 10:11:15 PM

ok.
when segwit is coming, people eventually think of Bitcoin Unlimited, but unfortunally, it's almost dead.

Yeah dude... You're right.. When segwit is coming, they all think that bitcoin unlimited but it's not, it's almost gone...

ranman09

full member

Activity: 756

Merit: 112

Quote from: asepsetiawan1990 on July 18, 2017, 11:31:51 PM

Quote from: ranman09 on July 18, 2017, 10:15:08 PM

Quote from: Filmmmakerr on July 18, 2017, 10:06:57 PM

What happens to BTU when segwit is activated?

This might be the one they call split. Bitcoin will be in two forms, one is the Bitcoin core and the other maybe Bitcoin classic. No one knows probably who the network will fall into but this will surely address problems bitcoin is now experiencing.

Whether by split bitcoin will change the quantity of the coin?

I think no, amount of your coins will remain the same. The only difference is that you've got now the power to choose what network you wanted (the one you think will succeed) or even use those coins at both network (can be done technically).

asepsetiawan1990

full member

Activity: 532

Merit: 100

Quote from: ranman09 on July 18, 2017, 10:15:08 PM

Quote from: Filmmmakerr on July 18, 2017, 10:06:57 PM

What happens to BTU when segwit is activated?

This might be the one they call split. Bitcoin will be in two forms, one is the Bitcoin core and the other maybe Bitcoin classic. No one knows probably who the network will fall into but this will surely address problems bitcoin is now experiencing.

Whether by split bitcoin will change the quantity of the coin?

ranreichman

full member

Activity: 140

Merit: 100

Snip CEO

Currently there are two main changes suggested on Bitcoin - Segwit and larger blocks. Everybody agrees that Segwit should be implemented because it's an important software upgrade but there is disagreement regarding Bitcoin's block size. If there's a split there'll be one fork with Segwit and one with increased block sizes, potentially to an unlimited size (instead of 1MB).

ranman09

full member

Activity: 756

Merit: 112

Quote from: Filmmmakerr on July 18, 2017, 10:06:57 PM

What happens to BTU when segwit is activated?

This might be the one they call split. Bitcoin will be in two forms, one is the Bitcoin core and the other maybe Bitcoin classic. No one knows probably who the network will fall into but this will surely address problems bitcoin is now experiencing.

Mieehayii

hero member

Activity: 490

Merit: 500

ok.
when segwit is coming, people eventually think of Bitcoin Unlimited, but unfortunally, it's almost dead.

Filmmmakerr

sr. member

Activity: 518

Merit: 251

Hello. Bye.

What happens to BTU when segwit is activated?

Topic: Bitcoin Unlimited?? (Read 671 times)