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Topic: Has the hard fork happened? - page 2. (Read 1283 times)

legendary
Activity: 2954
Merit: 1153
March 29, 2017, 04:49:18 AM
#7
Even with 51% of total hash power of the network BU miners will have to produce blocks larger than 1MB and the majority of nodes will have to validate those blocks for up to 2 weeks I imagine to successfully perform a hard fork but they won't do it why? answer is really simple, exchanges won't trade and list that second coin even if it has the majority of hash power behind it unless they show BU the green light there will be no hard fork.

This is quite sad, this only show who is the boss LOL.  So it is not the miner, nor the developers but indeed the exchanges! The consensus of the miners weighs nothing if the exchanges says otherwise. And, the way you said it, all the effort of BU will be in vain because at the end it is the exchanges who will decide what is good for Bitcoin.  Funny isn't it?  This made me think what are BU fighting for?
hero member
Activity: 924
Merit: 506
March 29, 2017, 01:44:41 AM
#6
Even with 51% of total hash power of the network BU miners will have to produce blocks larger than 1MB and the majority of nodes will have to validate those blocks for up to 2 weeks I imagine to successfully perform a hard fork but they won't do it why? answer is really simple, exchanges won't trade and list that second coin even if it has the majority of hash power behind it unless they show BU the green light there will be no hard fork.
full member
Activity: 196
Merit: 101
March 29, 2017, 12:41:30 AM
#5
It's planned to happen at 75%. Nobody really knows though.
sr. member
Activity: 532
Merit: 250
March 29, 2017, 12:40:35 AM
#4
Sorry but Im kinda confused, and haven't really been paying much detailed attention to the technicalities of bitcoin. I know that a hard fork in the protocol can have negative effects on the price and that bitcoin has taken a hit lately from its high. Kind of thinking of selling some of my bitcoins and going into altcoins like ETH. Trying to get some advice on if this would be a good game plan until the technicalities get sorted out with the hard fork. thanks in advance!

No it hasn't.

There has been speculation that a fork is going to be happening soon, but nobody knows when that is going to happen.

Just watch out for the bitcoin hash rate, when bitcoin unlimited gains around 45% of the hash rate then we might see a fork soon. Anything above 45% should be a danger zone for a fork right now.

You can also trade BTU and BCC coins pre-fork on BitFinex and HitBTC if you are interested, as futures. I don't recommend them though.

Good luck
jr. member
Activity: 46
Merit: 1
March 28, 2017, 11:29:16 PM
#3
Thank you!
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
March 28, 2017, 11:28:20 PM
#2
Sorry but Im kinda confused, and haven't really been paying much detailed attention to the technicalities of bitcoin. I know that a hard fork in the protocol can have negative effects on the price and that bitcoin has taken a hit lately from its high. Kind of thinking of selling some of my bitcoins and going into altcoins like ETH. Trying to get some advice on if this would be a good game plan until the technicalities get sorted out with the hard fork. thanks in advance!

No a hard fork has not happened choosing the coins you spread into is fine if you want to hedge.

Some options
http://www.zerohedge.com/news/2017-03-19/bitcoins-fork-road
https://magnr.com/blog/bitcoin/bitcoin-fork/
https://99bitcoins.com/bitcoin-fork-segwit-vs-bitcoin-unlimited-explained-simply/

jr. member
Activity: 46
Merit: 1
March 28, 2017, 11:27:25 PM
#1
Sorry but Im kinda confused, and haven't really been paying much detailed attention to the technicalities of bitcoin. I know that a hard fork in the protocol can have negative effects on the price and that bitcoin has taken a hit lately from its high. Kind of thinking of selling some of my bitcoins and going into altcoins like ETH. Trying to get some advice on if this would be a good game plan until the technicalities get sorted out with the hard fork. thanks in advance!
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