Topic: Panic 31-J (Read 1669 times)

https://www.btcforkmonitor.info/
now is down but i hope that the issue will be fixed soon!
i think all peoples are hitting F5 on that site!

That would lead to huge price increase as seen right now now we can open a second chapter of the success of SegWit through BIP141 and go on . many of us see this far away from being with fast success signal .
Thank you for these explanation simple and understood .

The Soft User Activated Bifurcation (UASF) was successfully completed without the Bitcoin main chain being split. The reason is that all nodes in the network are signaling their support for SegWit through BIP141.

Bitcoin monitors indicate that all mining groups are pointing to SegWit by the time the BIP148 block occurred and therefore no forked bifurcation would have effect on the main chain. SegWit is a network scalability solution that provides improvements to Bitcoin's second layer. Specifically, it will increase the quality of transactions by improving the way data is distributed within blocks. Support for SegWIt, a scalability proposal that has been developed over two years, has recently arrived. Perhaps as a consequence of the appearance of other proposals of scalability that suggest an increase in the size of the blocks.

Because this time?

We are all waiting with the headlights at 2 pm this afternoon.
Minute plus, minute Minus, should be That the X Time!!!

no reason to panic,BCC aka Bitcoin Cash will fork this way or another
it is not a terrying thing-forks happened before and may happened again,November is the most probable date,by the way
if you want to learn more about waht happens,read this article here: https://www.coindesk.com/bitcoin-cash-what-expect-fork-10000-foot-view/
or theymoses' topic on the split

changes are wvery time positive, if done in the right way.
i hope this one is done in the right way... but just the time can tell us if is it the case.

I think, we are forked. Tomorrow a terrbile thing may happen. This hard fork is a terrifying thing

the best behaviour is to store all your btc in a wallet where you have the full control of al the private Keys.
and in al Exchange you can't.

For safety purposes, it would be best to halt/stop any transaction using BTC in any exchanges (trading) and transactions with transfers like wallet to wallet or wallet to exchanges. Better keep it in a secured wallet and move until all is clear.

this is interesting!
can you share where did you read this to deepen inside and understand better?
thank you.

They do not make the weather
As we see now a stable bitcoin price
There is no reason to worry

Indian Bitcoin Exchanges Announce They Won’t Support Bitcoin Cash
Three of Indian’s top bitcoin exchanges have revealed that they won’t be supporting Bitcoin Cash, the new digital currency that is expected to result from a user activated hard fork (UAHF) on the 1 August.

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The three exchanges that have made the announcements are Zebpay, Unocoin and Coinsecure. As well as stating that they have no plans to support Bitcoin Cash, all three will be suspending bitcoin services during the planned hard fork.

exchanges such as Bitfinex, Kraken, Bittrex, OKCoin, HitBTC, Bithumb, Livecoin, Allcoin and of course ViaBTC have shown their support for the use of Bitcoin Cash after the bifurcation. All those who have expressed that after August 1 credit their users that had accounts in BTC before the fork, with an equivalent amount of BCC.

Some such as Bitfinex and Bittrex leave the door open to allowing BCC operations in the future, after analyzing this option after August 1. The ones that are safe all over the world and the houses HitBTC and Kraken, which companies qualified with BCC just after the UAHF. They also agree and discontinue operations with BTC while conducting this event, promising to enable them again as soon as they consider it safe for their users.

Going into the details, Bitfinex mentions that it uses a policy of response to the different bifurcations that are traditionally raised by the particularities that characterize this fact. The distribution of Bitcoin Cash (which will be called BCH to avoid confusion with the Bitcoin Core token that already exists on its platform) is done under a scheme based on the margins of purchase / sale of each customer owned by BTC, and its position as Lender On the other hand HitBTC, in its operations already available with Bitcoin Cash, will call it BCCF, equivalent to a future of cash Bitcoin, and will become BCC after August 1st.

Another hardfork in november also could bring us a second free interesting altcoin. But can't imagine it would let bitcoin crash.

Hardfork = 2 different chains. So you can consider BCC to be an altcoin. It may share the same blockchain up to the point of the split, but from now on, BCC is an altcoin. BTC remains the original bitcoin, so sell your BCC in exchange for BTC at our own peril.

If in 1 nov there's a hardfork to segwit2x, there's a possibility we'll have 3 freaking bitcoins. I hope the segwit2x gets nowhere and they decide not to hardfork because we'll see a price crash again.

Bitcoin Cash is an alternative token that may come into existence as a result of a planned UAHF as mentioned above. Essentially this means that the Bitcoin blockchain may split into two competing chains.

The original plan for a UAHF came about from a contingency plan, proposed by Bitcoin mining company, Bitmain, who were opposed to the UASF for SegWit.




Bitcoin Cash will differ from Bitcoin in terms of the following:

SegWit: Bitcoin Cash will not implement SegWit
Blocksize: Immediate increase from 1MB to 8MB
Coexistence: Replay and wipe out protections ensures that should the two chains continue to compete, Bitcoin Cash aims to reduce user disruption and allows for the safe existence of two chains.

After Aug 1, will BTC and BCC be on the same chain ?
And does the supposed Nov harddork mean the possibility of having 2 bitcoins on entirely different chains or nodes ??

it is safer to not send big amount of bitcoins till the network is settled

The news ticker at the top seems to tell us there is no reason to panic.
BIP91 seems stable: there's probably only slightly increased risk of confirmations disappearing.
I will still take it slow on the transaction front on August 1.