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Topic: HERE IS HOW THE FORK WILL HAPPEN. - page 3. (Read 6285 times)

hero member
Activity: 966
Merit: 506
July 26, 2017, 11:32:26 AM
#48
The world will not die with a bang, but with a whisper. I believe that this soft Fork while it solved many problems, basically since people up for hard Forks in the future. Basically, you get people past the first soft Fork, build up a lot of fear, and then show them there was nothing to be afraid of. Then, after a little more time is past. You start issuing a few more soft Fork here and there.
full member
Activity: 182
Merit: 111
July 26, 2017, 10:49:45 AM
#47

True. but if it wasn't for "Stuped" investors the price of btc would be very low.. or no existent.  it would be based on the actual practical use of bitcoins which is very low. Might even be just an open source software project where shares are worth 0.

All of the lemmings and bull raving up bitcoins on here are investors or they are just inexperienced.

-The Bulls are raving it up to get the lemmings and sheep to stay in and keep pilling money in.

-The Lemmings are the clueless sheep who believe they are in some ground level secret that will make them rich.

To be honest I am mostly interested in the technology of crypto and the blockchain. I am a tech person absorbing info and trying to find stuff valuable I can offer people with it. Sure I buy on the dips and sell on the peaks and harvest a little money while I am focused on it. Not sure how "Stuped" that is.

All this people will not survive.
newbie
Activity: 42
Merit: 0
July 26, 2017, 10:47:37 AM
#46

I am making some. not millions though, Playing markets is a percentage game you get back what you put in and.. can lose what you put in. I put in what I can afford to lose which is not millions.

There are big players that have millions even billions to play with. These are the people that are making the market swing.
This people make price stabile. Stuped "investors" make it unstable.

True. but if it wasn't for "Stuped" investors the price of btc would be very low.. or no existent.  it would be based on the actual practical use of bitcoins which is very low. Might even be just an open source software project where shares are worth 0.

All of the lemmings and bull raving up bitcoins on here are investors or they are just inexperienced.

-The Bulls are raving it up to get the lemmings and sheep to stay in and keep pilling money in.

-The Lemmings are the clueless sheep who believe they are in some ground level secret that will make them rich.

To be honest I am mostly interested in the technology of crypto and the blockchain. I am a tech person absorbing info and trying to find stuff valuable I can offer people with it. Sure I buy on the dips and sell on the peaks and harvest a little money while I am focused on it. Not sure how "Stuped" that is.
full member
Activity: 182
Merit: 111
July 26, 2017, 10:38:52 AM
#45
Need wait 15 days for difficulty fall:

If hashrate falls, you won't be able to mine the blocks needed to reach next difficulty adjustement (that happens every 2016 blocks).

Here is code, 14 days:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/pow.cpp
Code:
unsigned int GetNextWorkRequired(const CBlockIndex* pindexLast, const CBlockHeader *pblock, const Consensus::Params& params)

Ok, need block for difficulty adjustement, also difficulty can change only on 4x maximum each period.

Need to generate 1 block at the and of 15 days period and it will cause 4x difficulty  drop.
It why no one thying to do it now. It will be made after FORK.
It will be little bit longer but it will happen.
If you will make any transaction with you Bitcoins in this period you will get only Bitcoin SEGWIT and lost all Bitcoin CLASSIC of 2014.
Do not update wallet to SEGWIT versions!
full member
Activity: 182
Merit: 111
July 26, 2017, 10:28:43 AM
#44

I am making some. not millions though, Playing markets is a percentage game you get back what you put in and.. can lose what you put in. I put in what I can afford to lose which is not millions.

There are big players that have millions even billions to play with. These are the people that are making the market swing.
This people make price stabile. Stuped "investors" make it unstable.
newbie
Activity: 42
Merit: 0
July 26, 2017, 10:16:52 AM
#43
Yes people are making millions trading in this kind of environment.
Why you not making?

I am making some. not millions though, Playing markets is a percentage game you get back what you put in and.. can lose what you put in. I put in what I can afford to lose which is not millions.

There are big players that have millions even billions to play with. These are the people that are making the market swing.
full member
Activity: 182
Merit: 111
July 26, 2017, 10:12:21 AM
#42
Need wait 15 days for difficulty fall:

If hashrate falls, you won't be able to mine the blocks needed to reach next difficulty adjustement (that happens every 2016 blocks).

Here is code, 14 days:
https://github.com/bitcoin/bitcoin/blob/1b046603b30ebfab6199a2f92015d507b248b590/src/pow.cpp
Code:
unsigned int GetNextWorkRequired(const CBlockIndex* pindexLast, const CBlockHeader *pblock, const Consensus::Params& params)

Ok, need block for difficulty adjustement, also difficulty can change only on 4x maximum each period.
full member
Activity: 182
Merit: 111
July 26, 2017, 10:08:43 AM
#41


Yes people are making millions trading in this kind of environment.
Why you not making?
newbie
Activity: 42
Merit: 0
July 26, 2017, 09:46:13 AM
#40
webcrypt   Bitcoin is NOT making millions overnight. 
Bitcoin has been around for YEARS and grown bigger and stronger, with more and more payment processes accepting it.
Not so with other currencies.   Stop trying to trash talk with your uninformed BS.

If btc has a market cap of 41,000,000,000 it drops 10% and goes up 10% in 36hrs. That is 4,100,000,000 that vanished and came back. Yes people are making millions trading in this kind of environment. Yes that is millions of dollars, hundreds of millions

It is called “Pump and Dump” people get rich from it.

You are like a noob in their first speculative bubble. Like the guy in love with all of his Bennie Babies.
full member
Activity: 182
Merit: 111
July 26, 2017, 07:25:35 AM
#39
Need wait 15 days for difficulty fall:

If hashrate falls, you won't be able to mine the blocks needed to reach next difficulty adjustement (that happens every 2016 blocks).
15 days. In wiki wrong information.

Code:
unsigned int GetNextWorkRequired(const CBlockIndex* pindexLast, const CBlockHeader *pblock)
{
    unsigned int nProofOfWorkLimit = Params().ProofOfWorkLimit().GetCompact();

    // Genesis block
    if (pindexLast == NULL)
        return nProofOfWorkLimit;

    // Only change once per interval
    if ((pindexLast->nHeight+1) % nInterval != 0)
    {
        if (TestNet())
        {
            // Special difficulty rule for testnet:
            // If the new block's timestamp is more than 2* 10 minutes
            // then allow mining of a min-difficulty block.
            if (pblock->nTime > pindexLast->nTime + nTargetSpacing*2)
                return nProofOfWorkLimit;
            else
            {
                // Return the last non-special-min-difficulty-rules-block
                const CBlockIndex* pindex = pindexLast;
                while (pindex->pprev && pindex->nHeight % nInterval != 0 && pindex->nBits == nProofOfWorkLimit)
                    pindex = pindex->pprev;
                return pindex->nBits;
            }
        }
        return pindexLast->nBits;
    }

    // Go back by what we want to be 14 days worth of blocks
    const CBlockIndex* pindexFirst = pindexLast;
    for (int i = 0; pindexFirst && i < nInterval-1; i++)
        pindexFirst = pindexFirst->pprev;
    assert(pindexFirst);

    // Limit adjustment step
    int64_t nActualTimespan = pindexLast->GetBlockTime() - pindexFirst->GetBlockTime();
    LogPrintf("  nActualTimespan = %d  before bounds\n", nActualTimespan);
    if (nActualTimespan < nTargetTimespan/4)
        nActualTimespan = nTargetTimespan/4;
    if (nActualTimespan > nTargetTimespan*4)
        nActualTimespan = nTargetTimespan*4;

    // Retarget
    CBigNum bnNew;
    bnNew.SetCompact(pindexLast->nBits);
    bnNew *= nActualTimespan;
    bnNew /= nTargetTimespan;

    if (bnNew > Params().ProofOfWorkLimit())
        bnNew = Params().ProofOfWorkLimit();

    /// debug print
    LogPrintf("GetNextWorkRequired RETARGET\n");
    LogPrintf("nTargetTimespan = %d    nActualTimespan = %d\n", nTargetTimespan, nActualTimespan);
    LogPrintf("Before: %08x  %s\n", pindexLast->nBits, CBigNum().SetCompact(pindexLast->nBits).getuint256().ToString());
    LogPrintf("After:  %08x  %s\n", bnNew.GetCompact(), bnNew.getuint256().ToString());

    return bnNew.GetCompact();
}

New download address of the only secure version of 2014:
https://bitcoin.org/bin/insecure/bitcoin-core-0.9.1/
full member
Activity: 346
Merit: 107
July 26, 2017, 05:01:32 AM
#38
Need wait 15 days for difficulty fall:

If hashrate falls, you won't be able to mine the blocks needed to reach next difficulty adjustement (that happens every 2016 blocks).
sr. member
Activity: 434
Merit: 252
July 26, 2017, 04:46:50 AM
#37
Bitcoin has been around for many years and during that time has proved its right to exist. I do not believe that after 1 August we will see the plug. It is not beneficial to all. I hope that after that date we will see a sharp price increase of bitcoin and reduce the cost of transaction which will make it even more attractive.
hero member
Activity: 854
Merit: 500
July 26, 2017, 04:39:37 AM
#36
It looks like an interesting analysis, but I'm optimistic hard fork will not happen and of course the exchanger will try to secure the account because they do not want to lose the business.

I've been worried about the changes that are going to happen with bitcoin, and I'm worried that the value of it will drop sharply, however, with what's happening, I can be sure. About bitcoin, it will not have too many changes.
full member
Activity: 182
Merit: 111
July 26, 2017, 04:29:47 AM
#35
ELI5 please.
1) Can I put my btc onto a desktop wallet and receive BCC? If so, which wallet do you recommend? 2) How much BCC/BTC do I receive (i.e. 1 BTC = 1 free BCC)?
Thanks
Keep away from BCC, it untested untrustable software can steal your money.
BITCOIN-CORE OF 2014 https://github.com/bitcoin/bitcoin/releases/tag/v0.9.1 only trustable at this moment.
hero member
Activity: 570
Merit: 504
July 25, 2017, 05:54:09 PM
#34
You only need the Bitcoin Core wallet on your computer.  Then if anyone gives a shit about this other new currency, you can get the wallet for that later at anytime if you have your private keys.

Nobody gives a shit about Koinye, or Litecoin..or other less know alt coins.
Bitpay, overstock, gyft, purse, Lamboghini, McLaren, Richard Branson,,, all accept BITCOIN.. not litecoin.. not etherm and not whatever new bullcrap Fork Fags make.

Only Bitcoin has wide acceptance.
Only Bitcoin has the payment processors accepting it.
Not even Etherum is accepted at coffee shops and car dealers.


webcrypt   Bitcoin is NOT making millions overnight. 
Bitcoin has been around for YEARS and grown bigger and stronger, with more and more payment processes accepting it.
Not so with other currencies.   Stop trying to trash talk with your uninformed BS.
newbie
Activity: 42
Merit: 0
July 25, 2017, 05:04:09 PM
#33
You know how many newbies are going to be burnt and throw fits and claim bitcoin is a scam, get ready for the news outlets to pick up on it and a price drop.

Bitcoin is extremely volatile and people are making millions over night on that. Much of the media outlets are in on it, just like Wall st. Sell just before bad news and buy just before good news. Along with other pump and dump schemes.

Just another speculative market.

Of a truth, Poloniex has become criminally silent on this and other important matters of concern. The support system has broken down and no complaints or query seem to be getting resolved lately. I am just concerned and worried that the worse may happen with Polo in days to come.

Exchanges usually have the most problems and support tickets as people try to turn crypto into cash. My guess is they are flooded with support tickets with everyone wanting to get money out and waiting for the last week, day, min to do it.

I bet all the exchanges are swamped with problems.
newbie
Activity: 1
Merit: 0
July 25, 2017, 04:09:31 PM
#32
ELI5 please.
1) Can I put my btc onto a desktop wallet and receive BCC? If so, which wallet do you recommend? 2) How much BCC/BTC do I receive (i.e. 1 BTC = 1 free BCC)?
Thanks
full member
Activity: 182
Merit: 111
July 25, 2017, 03:52:47 PM
#31
I'm sure even if fork really happens, most investors still choose bitcoin core, because altcoin is still relies on bitcoin core. If indeed Bitcoin unlimited win maybe altcoin will fall apart, it seems altcoin will also experience a price reset.

Because bip91 is already process and successful, it shows most miners are still very support bitcoin core, yes until really limit its supply later.
Bitcoin core SEGWIT or Bitcoin core of 2014?
Possible to get both.
full member
Activity: 378
Merit: 100
July 25, 2017, 11:17:04 AM
#30
Also Exchangers position about fall of "soft fork" is not clean.
is it safe to let big sums in exchanger these days?

It's not really safe, it has a hole, it can become a big hole that kills your money. That is what makes many people wonder when choosing a fork.
sr. member
Activity: 532
Merit: 250
July 25, 2017, 11:12:15 AM
#29
I'm sure even if fork really happens, most investors still choose bitcoin core, because altcoin is still relies on bitcoin core. If indeed Bitcoin unlimited win maybe altcoin will fall apart, it seems altcoin will also experience a price reset.

Because bip91 is already process and successful, it shows most miners are still very support bitcoin core, yes until really limit its supply later.
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