Confirmed potential hard fork from bitcoin.org - page 2.

andrei56

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Quote from: haroldtee on July 13, 2017, 12:57:59 PM

Bitcoin.org just gave an alert on their website of a confirmed potential fork on Aug 01 and some warnings to users of bitcoin. It is unpredictable yet though how the market is gonna be like but it seems it ain't gonna be pretty. I was having hopes it may not get to this at first, unfortunately they are dashed. God help us as we help ourselves too. Sad

https://bitcoin.org/en/alert/2017-07-12-potential-split

They need to do it, they cannot be irresponsible and not let people know what it is happening, also until the fork happens then it is not confirmed, there is the chance that it may happen but until the miners pulled it off then it is just a potential, a terrible potential if you ask me, but still a potential that can be avoided.

apollodae

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Just hope for the best. Am pretty sure bitcoin is causing all this panic in the crypto exchanges.

shinratensei_

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Quote from: LeGaulois on July 13, 2017, 04:21:50 PM

Something has come to my mind. Is there an exchange platform that anticipates this fateful date of the first August?

Do you mean the exchange that gives the anticipate to the first August? and I think it is no one.

There is a lot of the latest warning regarding the upcoming hardfork like theymos's said that not good to keep your amount on the exchange site.

Quote from: LeGaulois on July 13, 2017, 04:21:50 PM

I don't remember reading something about it. Otherwise if none of them has done something, don't you find that weird from a company?

What a thing that looks weird for you? It seems I was missing something from there.

HanSchultz

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Quote from: Uhrenknecht on July 13, 2017, 04:32:25 PM

How can I be sure my coins are secure? I don't want to get a transaction lost or coins dissappear. What do I need to do?

Just make sure that you store your bitcoins if your wallet where you have the complete control over your private keys and if so you are safe rather than saving your coins in exchanges and online wallets.So it is almost certain that we will see a split ,that is really bad,i thought we could see a swift upgrade and things goes smoothly and the price will rise after that,but with this scenario i am not sure how things will go.

Variogam

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UASF nodes might be forked off Bitcoin on Aug 1. No problem, just 5% of nodes wont follow Bitcoin blockchain anymore. UASF is not worth the drama, nothing significant going to happen on Aug 1, it reminds of Y2K Cheesy

nutildah

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I saw the same warning. Its pretty ridiculous. There will be no hard fork. From a different thread:

Quote from: nutildah on July 13, 2017, 04:02:23 PM

There's no chance of it happening unless there is a tremendous switch in signalling that takes places over the next 2 weeks.

Lets say BU added SegWit. I don't care if that doesn't make sense. For the purposes of this demonstration, all the pie slivers that are not Core are SegWit, or any kind of fork. They add up to a whopping 22.2% of that pie chart.

Is there something I'm missing here?

Even if you go by blocks, SegWit still only hovers right about 45%, a far cry from the 80% needed to initiate the soft fork.

CarWash

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Is that right? Cry

mindrust

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It simply says that we should take our money to coldwallets and make them stay there without moving till everything gets solved.

Any transaction you make after Aug/1 will have a possibility of disappearing If UASF chain has the support from the majority.

Pro Hint; Convert any bitcoins you get into USD starting from Aug/1 If you want to be %100 safe. (no need to convert the older coins because they'll exist on both chains)

magnetique

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Quote from: Uhrenknecht on July 13, 2017, 04:32:25 PM

How can I be sure my coins are secure? I don't want to get a transaction lost or coins dissappear. What do I need to do?

read the article...?
your BTC are safe, just don't make transactions on affected time, that's all

magnetique

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jesus can you read? where you found the word 'hard fork' in that article?
it is totally about something different as you are trying to present us here...

Uhrenknecht

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How can I be sure my coins are secure? I don't want to get a transaction lost or coins dissappear. What do I need to do?

bitcointarget

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Quote from: haroldtee on July 13, 2017, 12:57:59 PM

Bitcoin.org just gave an alert on their website of a confirmed potential fork on Aug 01 and some warnings to users of bitcoin. It is unpredictable yet though how the market is gonna be like but it seems it ain't gonna be pretty. I was having hopes it may not get to this at first, unfortunately they are dashed. God help us as we help ourselves too. Sad

https://bitcoin.org/en/alert/2017-07-12-potential-split

This is not a certain confirmation coming from them. They just warn us to be ready in case of a hard fork. That's all. We all gonna prepare ourselves for a possible hard fork. For sure.

LeGaulois

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Something has come to my mind. Is there an exchange platform that anticipates this fateful date of the first August? I don't remember reading something about it. Otherwise if none of them has done something, don't you find that weird from a company?

equator

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Quote from: RedditMaster on July 13, 2017, 02:29:07 PM

Quote from: haroldtee on July 13, 2017, 12:57:59 PM

Bitcoin.org just gave an alert on their website of a confirmed potential fork on Aug 01 and some warnings to users of bitcoin. It is unpredictable yet though how the market is gonna be like but it seems it ain't gonna be pretty. I was having hopes it may not get to this at first, unfortunately they are dashed. God help us as we help ourselves too. Sad

https://bitcoin.org/en/alert/2017-07-12-potential-split

There was also a hard fork all the way back in 2010, yet look at where Bitcoin is today. Hard forks are sometimes necessary. This is a much better long-term solution than BIP148 which is only temporary.

Are you sure that their was a hard fork in 2010 because till now i never heard of this and if their was hard fork on 2010 then i think this hard fork should not have been facing so big problem. Can you please confirm your saying by giving any link where we can find the full details about it.

RedditMaster

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Quote from: haroldtee on July 13, 2017, 12:57:59 PM

Bitcoin.org just gave an alert on their website of a confirmed potential fork on Aug 01 and some warnings to users of bitcoin. It is unpredictable yet though how the market is gonna be like but it seems it ain't gonna be pretty. I was having hopes it may not get to this at first, unfortunately they are dashed. God help us as we help ourselves too. Sad

https://bitcoin.org/en/alert/2017-07-12-potential-split

There was also a hard fork all the way back in 2010, yet look at where Bitcoin is today. Hard forks are sometimes necessary. This is a much better long-term solution than BIP148 which is only temporary.

theguy0000

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"confirmed potential" Roll Eyes

so nothing changed.

xderek

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The split would kind of increase the popularity of ETH as is the second pair used mostly everywhere. So many big exchanges use btc as pair and is one reason for btc dominance. See, a split would put one coin first and other as it's test subject for the future.

Iranus

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Quote from: BillyBobZorton on July 13, 2017, 01:10:53 PM

Quote from: haroldtee on July 13, 2017, 12:57:59 PM

Bitcoin.org just gave an alert on their website of a confirmed potential fork on Aug 01 and some warnings to users of bitcoin. It is unpredictable yet though how the market is gonna be like but it seems it ain't gonna be pretty. I was having hopes it may not get to this at first, unfortunately they are dashed. God help us as we help ourselves too. Sad

https://bitcoin.org/en/alert/2017-07-12-potential-split

Once it's clear that there will be no hardfork, the market will react posibility.

As small holders all we have to do is wait and see. If you want, you can help by dumping the JarzikCoins for more legacy chain coins.

It's hilarious that you promote UASF so passionately, and yet don't realise that this post is about the chain split that UASF would cause with a minority in hash rate and economic support. It's actually about a soft fork, not a hard fork. Segwitx2's chain split would happen three months from SegWit activation, rather than precisely when SegWit activates.

Did you actually read the post?

The chances are that the UASF chain will be irrelevant, and it's likely that SegWitx2 will happen before then.

However, it's always good practice to keep your coins in a wallet where you can export the private keys. Also, if UASF does become relevant, your coins might just be legacy coins when kept in web wallets and exchanges, so it's definitely a good idea now, as a precaution.

RodeoX

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The revolution will be monetized!

"Confirmed potential" Oxymoron does not compute. Cheesy

piloder

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Many people might loss their bitcoins because of this

Quote

Be wary of storing your bitcoins on an exchange or any service that doesn’t allow you to make a local backup copy of your private keys. If they accept transactions during the event, they could lose money and will likely spread those loses across all their users. If there end up being two or more competing versions of Bitcoin, then they may refuse to give you your bitcoins on versions they don’t like.

Still people are using coinbase and xapo like web wallets that doesn't share private keys.

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