In case of a second BTC hardfork in november...

krishnapramod

legendary

Activity: 1470

Merit: 1079

Quote from: FrenchBTC on August 19, 2017, 11:43:26 AM

Hi everyone,

It looks as we're going to have another hardfork of BTC in November...

1) As a newbee like me or as confirmed "expert" of BTC, what do you think about that ?
It was already not so easy to understand but IF we have another one hardfork, then who will really understand what's going on with BTC.It will then really be more and more difficult for people with no background to "enter" in BTC universe if BTC splits every 6 months...

2) If a hardfork in November :
- will we have a free "BTC3" for one BTC ?
- will we have a free "BTC3" for one BTC2 (Bitcoin Cash) ?
- if we had BTC before 1st august on a paper wallet for example and we did not use it, will we have finally 1 BTC, 1 BCC and 1 "BTC3" ??

Thanks for any explaination...

1. No one who has been into bitcoin for a considerable period of time would voluntarily opt for a split.

2. There might be a split in November or might not be. If it is, it might be the last split, if it is or not the protocol goes on.

Yeah, splitting bitcoin on a regular basis would create a lot of confusion especially for the newbies, btcx, btcy, btcz. There would be only one bitcoin, go for what the market favors, ideology is optional for a beginner, money/profit.

3. That's the problem with newbies, free money, why till btc3, maths goes further than that. Why not a btc100 and go on with your fiat/flawed banking system?

Not a BTC expert, just a bitcoin enthusiast.

AK47-

sr. member

Activity: 644

Merit: 250

Quote from: FrenchBTC on August 19, 2017, 11:43:26 AM

Hi everyone,

It looks as we're going to have another hardfork of BTC in November...

1) As a newbee like me or as confirmed "expert" of BTC, what do you think about that ?
It was already not so easy to understand but IF we have another one hardfork, then who will really understand what's going on with BTC.It will then really be more and more difficult for people with no background to "enter" in BTC universe if BTC splits every 6 months...

2) If a hardfork in November :
- will we have a free "BTC3" for one BTC ?
- will we have a free "BTC3" for one BTC2 (Bitcoin Cash) ?
- if we had BTC before 1st august on a paper wallet for example and we did not use it, will we have finally 1 BTC, 1 BCC and 1 "BTC3" ??

Thanks for any explaination...

There might or might not be a 2x hardfork in November. Miners might not get ready for it. If the hardfork happens a coin or in your terms BTC3 would split off from BTC and not BCH. BCH has nothing to do now with Bitcoin. The 2x Hardfork in November is noway related to 1st August. You wouldn't be able to claim the new coin from the paper wallet you held before 1st August. There would be a different procedure for that. You need not to worry about it today.

Ctn

sr. member

Activity: 644

Merit: 259

I think if next hard fork happ no then people won't be trusting it much as they were fooled by fear of first hard fork which happened in august start. It would be normal split if the hard fork happens and then there will three bitcoin brothers and the third one won't be having much of the value. However there is now possibility that people will keep big chunks of bitcoin on their wallet in the greed of getting BTC3/2 whatever you call it. This might just pump the bitcoin above the current value. So there is opportunity as well as brisk ambiguity whether it will be a success or just another BCC.

SvenBomvolen

hero member

Activity: 588

Merit: 500

I don't see the problem in a small size of block, well, it is going to be less of small transactions. Of course, I understand that many stores want to capitalize by bitcoin's support, but really, do you need to buy coffee for bitcoins?
The problem that I see are the endless modifications, polls, and divisions. Although, of course, they attract attention, and the price is growing, but the probability that something somewhere is done technically incorrect (even for a short time) is increasing.

noictib

hero member

Activity: 966

Merit: 515

One of the world's leading Bitcoin-powered casinos

Quote from: FrenchBTC on August 19, 2017, 11:43:26 AM

Hi everyone,

It looks as we're going to have another hardfork of BTC in November...

1) As a newbee like me or as confirmed "expert" of BTC, what do you think about that ?
It was already not so easy to understand but IF we have another one hardfork, then who will really understand what's going on with BTC.It will then really be more and more difficult for people with no background to "enter" in BTC universe if BTC splits every 6 months...

2) If a hardfork in November :
- will we have a free "BTC3" for one BTC ?
- will we have a free "BTC3" for one BTC2 (Bitcoin Cash) ?
- if we had BTC before 1st august on a paper wallet for example and we did not use it, will we have finally 1 BTC, 1 BCC and 1 "BTC3" ??

Thanks for any explaination...

Actually here nothing can be say by anyone with fix prediction of creation of new coin or not . Because many times forks happen but this time hardfork was new idea for the some better change in the technology to remain in the market of cryptocurrency .
But still we can't say surely whether hard fork will take place in November or soft fork will take place because all this depends upon the conditions .
And also here jn the fork before 1 August the official announcement exactly told that nothing is sure ( whether to split or not happen ) if anything new you will need then we will inform you here .
So just wait until official announcement say better thing about this whether what the chances are to happen in November .

FrenchBTC

member

Activity: 104

Merit: 10

Hi everyone,

It looks as we're going to have another hardfork of BTC in November...

1) As a newbee like me or as confirmed "expert" of BTC, what do you think about that ?
It was already not so easy to understand but IF we have another one hardfork, then who will really understand what's going on with BTC.It will then really be more and more difficult for people with no background to "enter" in BTC universe if BTC splits every 6 months...

2) If a hardfork in November :
- will we have a free "BTC3" for one BTC ?
- will we have a free "BTC3" for one BTC2 (Bitcoin Cash) ?
- if we had BTC before 1st august on a paper wallet for example and we did not use it, will we have finally 1 BTC, 1 BCC and 1 "BTC3" ??

Thanks for any explaination...

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