[BREAKING NEWS]: SegWit Lock-in Today 8th August 19:50 UCT

pereira4

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Quote from: Sithara007 on August 09, 2017, 01:09:49 AM

It has been locked in already. The Coin Dance website says that BIP 141 has locked in with 100% support today. And it further claims that the activation is scheduled to take place in another 2,055 Blocks.

Now we have to wait 2 additional weeks for the grace period in order to get segwit working into the system. It's going to be great to finally see segwit working, and all the haters will have to stay quiet because it's going to go smooth, the price will be good, and the system will work.

What will be interesting to see, is how Bitcoin Cash react. It's possible that they pump it too, and try to dump Bitcoin for a while, but that will not last.

Sithara007

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It has been locked in already. The Coin Dance website says that BIP 141 has locked in with 100% support today. And it further claims that the activation is scheduled to take place in another 2,055 Blocks.

xypos

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It’s locked in now.

Anyways this is exciting stuff, finally something is done.

I know that people have expected this to happen basically since the beginning but nobody really knew when it was going to happen. We’ve been waiting for years for something to be done and even though we expect it to happen, for me it is still exciting.

Price should be going up, in my opinion. But probably not a lot, maybe like $50-100.

The real pump should be coming later this month when segwit is actually activated. Currently it’s just locking in the plan, not activating.

freeyourmind

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Quote from: kissmarx on August 08, 2017, 11:10:42 PM

The price is stable. Then it's good anyway. There is nothing to be too much to be concerned with.

Yeah I think most of the uncertainty is behind us now, and the price has increased huge from that. I thought Bitcoin would get a price bump from people dumping their BCH, but I think the fairly smooth transition without major hiccups had a larger impact.

BurstIncomeAsset

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4 blocks in the last 30 minutes.

I guess the lockdown is locked and nothing happened and won't happen, at least until the next big event.

Right?

kissmarx

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The price is stable. Then it's good anyway. There is nothing to be too much to be concerned with.

iram1011

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Quote from: Taki on August 08, 2017, 10:56:40 PM

Quote from: Arkann on August 08, 2017, 10:48:30 PM

It was also the eighth of August. SegWit left and again nothing significant for bitcoin has not gone through. And why worry? And bitcoin continues to grow in value.

Tgats right. 8th od August passed imperceptible and without so much panic and stress as it was a week ago. All this changes didn't bring those results I was hope for, besides a higher price. I think we will never see again cheap transactions. The price has moved only in a one side, and it's constant growth.

There wasn't any panic left with respect to 8th August. Segwit was already supported by 95% miners and everyone knew that lock in period will go smoothly.

aarturka

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Where are you all btu shills bigblockers, bitching that segwit is dead, now? Last nail in your coffin would be when you realise that no "2x hardfork gonna happen Tongue

shursight

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Looks like segwit didnt affect the price, it has been stable since yesterday between $3300 - $3500, so we have to wait and see if there a big movements on the market for next days. Next event is at august 23rd as there is another SegWit event and it can affect the price, but it think the price will be stable.
what do you guys think?

Taki

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Quote from: Arkann on August 08, 2017, 10:48:30 PM

It was also the eighth of August. SegWit left and again nothing significant for bitcoin has not gone through. And why worry? And bitcoin continues to grow in value.

Tgats right. 8th od August passed imperceptible and without so much panic and stress as it was a week ago. All this changes didn't bring those results I was hope for, besides a higher price. I think we will never see again cheap transactions. The price has moved only in a one side, and it's constant growth.

Arkann

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It was also the eighth of August. SegWit left and again nothing significant for bitcoin has not gone through. And why worry? And bitcoin continues to grow in value.

pereira4

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Quote from: 25hashcoin on August 08, 2017, 02:04:37 PM

Segwit is the final nail in the coffin of BSCore/Segwit Coin hostile takeover attempt and subversion of Bitcoin to continue our slave society. RIP.

Long live Bitcoin Cash, the REAL Bitcoin envisioned by genius Satoshi Nakamoto designed to provide us with financial sovereignty.

Big blockers still derping hard by selling their fork as the sovereign Bitcoin while not explainng how their shitcoin centralizes the nodes into the hands of a few corporations.

They also aren't explaining the 100% centralized hashrate:

Looks like they only bring hashrate if it supports their agenda.

Minecache

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Quote from: 25hashcoin on August 08, 2017, 02:04:37 PM

Segwit is the final nail in the coffin of BSCore/Segwit Coin hostile takeover attempt and subversion of Bitcoin to continue our slave society. RIP.

Long live Bitcoin Cash, the REAL Bitcoin envisioned by genius Satoshi Nakamoto designed to provide us with financial sovereignty.

Your Satoshi vision stuff is getting very dated and tiring.

stompix

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Quote from: 25hashcoin on August 08, 2017, 02:04:37 PM

Segwit is the final nail in the coffin of BSCore/Segwit Coin hostile takeover attempt and subversion of Bitcoin to continue our slave society. RIP.

Long live Bitcoin Cash, the REAL Bitcoin envisioned by genius Satoshi Nakamoto designed to provide us with financial sovereignty.

Can we stop with this outdated Satoshi vision?

Satoshi was no god and even gods make mistakes.
He had no idea that bitcoin can be mined in pools, he had no idea about gpu hashing

We are already past his vision

Quote from: satoshi on December 12, 2009, 12:52:44 PM

We should have a gentleman's agreement to postpone the GPU arms race as long as we can for the good of the network. It's much easer to get new users up to speed if they don't have to worry about GPU drivers and compatibility. It's nice how anyone with just a CPU can compete fairly equally right now.

So stop with the REAL bitcoin
The REAL bitcoin is decided by the users not by some old relic

25hashcoin

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Segwit is the final nail in the coffin of BSCore/Segwit Coin hostile takeover attempt and subversion of Bitcoin to continue our slave society. RIP.

Long live Bitcoin Cash, the REAL Bitcoin envisioned by genius Satoshi Nakamoto designed to provide us with financial sovereignty.

Meuh6879

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Segwit is activated : http://segwit.co/

Miners can produce Segwit ~~Boobs~~ Blocks, now.
https://bitcoincore.org/en/2016/01/26/segwit-benefits/

Quote

Block capacity/size increase

Since old nodes will only download the witness-stripped block, they only enforce the 1 MB block size limit rule on that data. New nodes, which understand the full block with witness data, are therefore free to replace this limit with a new one, allowing for larger block sizes.

Segregated witness therefore takes advantage of this opportunity to raise the block size limit to nearly 4 MB, and adds a new cost limit to ensure blocks remain balanced in their resource use (this effectively results in an effective limit closer to 1.6 to 2 MB).

audaciousbeing

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Even though I really yet to understand the effect of this in bitcoin with the series of conflicting views, I would really appreciate it more if it can put a rest to his issue of scaling or no scaling, and also on the release about the continuance increase in fees that would still be witnessed despite all this by the lightening developer. If all this won't happen, then I am not surprised neither am I happy about since the status quo will remain the same.

Xavofat

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Did you see that ludicrous display last night?

Quote from: jtipt on August 08, 2017, 12:44:59 PM

Quote from: Minecache on August 08, 2017, 11:18:01 AM

~15 blocks to go. Shocked

Where are you tracking the progress? I thought still 100 blocks were left, maybe I'm a little behind.

BIP 141 doesn't require 100% of blocks to signal for it for it to activate. Its threshold is only 95%.

If 1916 blocks signal SegWit, it's definitely going to lock in regardless of what happens with the later blocks.

At this point though, it would require pretty much every single miner in existence to coordinate not to signal SegWit, which is almost completely impossible. There are only 4 blocks to go.

BitcoinerXX

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