BIP 148 has currently <1% hashrate support. With such low support, there wont be any BIP 148 chain at all.
There is zero reason to support BIP 148 anymore because SegWit2x got a real support (over 80% of miners, and key Bitcoin companies like BitPay and Coinbase) and delivers SegWit as well. SegWit2x code should be ready in about one month - there is also no significant oposition to the 2 MB basesize part of SegWit2x anymore, it seems almost everyone realizes its better to have both SegWit and 2 MB and unify most Bitcoiners again than fight forever and give altcoins a chance.
Topic: If you had to pick one, would it be the Legacy chain or BIP 148? - page 2. (Read 1084 times)
BIP148 is SegWit.
I want SegWit.
Malleability fixing tool.
It's not a choice, it's a evolution.
https://bitcointalksearch.org/topic/m.13752212
I want SegWit.
Malleability fixing tool.
It's not a choice, it's a evolution.
https://bitcointalksearch.org/topic/m.13752212
It's very hard to say... if a split happens, you get the same amount of coins on both chains. The most reasonable thing to do is to hold both and see how it resolves.
A lot of people claim they are willing to dump their coin for one or another chain but let's see if they have the balls to do that, im certainly not risking it.
BIP 148 is the technologically superior coin because it has segwit, that's clear, but it's not clear to me if it will have enough hashrate support.
A lot of people claim they are willing to dump their coin for one or another chain but let's see if they have the balls to do that, im certainly not risking it.
BIP 148 is the technologically superior coin because it has segwit, that's clear, but it's not clear to me if it will have enough hashrate support.
There won't be any split so we won't have to pick any sides, it is clear that we will have +80% support for USAF and eventually even USAF opponents will accept it.
I don't think that bitcoin will follow Ethereum's footsteps and there will be Bitcoin and Legacy Bitcoin coexisting at the same time.
I don't think that bitcoin will follow Ethereum's footsteps and there will be Bitcoin and Legacy Bitcoin coexisting at the same time.
Quote from: Wind_FURY
If you had to pick one
Pretty big if. If I had no choice but to sell one chain, I'd probably keep the legacy coins.
It all depends on the hashrate and business support at the time. If the hashrate was <20% for the new chain, I can't see a lot of people bothering to try and use transactions on there so I'd sell. If nearly all pools signalling SegWit started supporting BIP 148 (seems unlikely since I don't think F2Pool would support a chain split very readily), I would consider holding the new coins as well.
It's looking like the UASF chain won't matter much when the split happens, in which case I wouldn't bother holding. I hope exchanges list both chains for me to increase my legacy coin holdings.
The hypothetical situation I am thinking about is no side will win. It could end up with 2 chains like ETH and ETC. Then if you had to pick one chain, what would it be? This is more like a question to gather opinions than what one would actually do for real.
I think that too, the same as BU, why do we need to do a network split? They can just create another altcoin, they don't need to change the bitcoin we used to know, most of us are contented to what bitcoin is now, right? Why do we need to do such thing. I will be staying in BTC not in other altcoin.
You all know the story. BIP 148 or the UASF will commence on August 1. The risk is a blockchain split that could permanently divide it in theory.
I am interested in knowing what everyone here prefers to hold and what you consider as the "real" Bitcoin is. The Legacy chain or the BIP 148 chain?
I am interested in knowing what everyone here prefers to hold and what you consider as the "real" Bitcoin is. The Legacy chain or the BIP 148 chain?
Yeah, the more reason why many people are being scared what might happen to bitcoin. But I go for BIP 148, it's not that I want bitcoin to fall, but because I want it to improve. Since BU times, I knew that these will happen, it really needs to improved. It's for the better.
I would definitely go with the BIP 148 chain since Bitcoin really needs scaling. However I'll still keep my legacy coins just in case.
The hypothetical situation I am thinking about is no side will win. It could end up with 2 chains like ETH and ETC. Then if you had to pick one chain, what would it be? This is more like a question to gather opinions than what one would actually do for real.
I would wait and pick the winning side, as always.
I'm just a microscope, my support wouldn't make any difference as always
I'm just a microscope, my support wouldn't make any difference as always
The "real" Bitcoin is the majority chain. But I wouldn't make that judgement for at least a few weeks, because it might not be completely clear how BIP 148 has done for a while.
Obviously if there's a split it means that BIP 148 starts off as a minority chain, so I'd give it a bit of a chance to see if the economic pressure on miners ends up working.
People who sell one chain as soon as the split happens are very likely to shoot themselves in the foot and are basically gambling with their money. If they have a large amount they'd be insane to go 100% on either chain, no matter how strongly they believe in something or how bleak it looks for one side.
Obviously if there's a split it means that BIP 148 starts off as a minority chain, so I'd give it a bit of a chance to see if the economic pressure on miners ends up working.
People who sell one chain as soon as the split happens are very likely to shoot themselves in the foot and are basically gambling with their money. If they have a large amount they'd be insane to go 100% on either chain, no matter how strongly they believe in something or how bleak it looks for one side.
I would just keep my Bitcoins untouched while we have both chains to avoid losing any of my Bitcoins, and I would only use them when things calm down for one side.
If I had to choose a side, I would prefer the BIP 148, but I wouldn't have the balls to sell my Bitcoins on the legacy side if they were winning and it looks like they would become the main chain with majority of the support.
If I had to choose a side, I would prefer the BIP 148, but I wouldn't have the balls to sell my Bitcoins on the legacy side if they were winning and it looks like they would become the main chain with majority of the support.
You all know the story. BIP 148 or the UASF will commence on August 1. The risk is a blockchain split that could permanently divide it in theory.
I am interested in knowing what everyone here prefers to hold and what you consider as the "real" Bitcoin is. The Legacy chain or the BIP 148 chain?
I am interested in knowing what everyone here prefers to hold and what you consider as the "real" Bitcoin is. The Legacy chain or the BIP 148 chain?
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