Author

Topic: Segwit locked in (Read 695 times)

hero member
Activity: 1148
Merit: 504
August 09, 2017, 01:53:34 PM
#17
It was expected but it is still good to hear that it is finally happening. I hope this segwit delivers what we are all expecting from it.
sr. member
Activity: 2618
Merit: 439
August 09, 2017, 01:42:25 PM
#16
Was the dip today related to the segwit lock in? People speculating on some drama to prevent lockin at this moment?

Great news nonetheless. A big step forward!
No. I believe it was traders cashing in. After a rise there's always a fall when a group of traders that bought late gets scared and starts selling. Usually it's close to round numbers like it touched 3500 and dropped again went close to 3500 and dropped. It couldn't get through it so it was a signal to test lower support. All normal and still bullish Wink

Just a minor correction. I thought that if the bull run continue, it could be a bubble because of how the price has skyrocketed in a few days.

Quote
SegWit activation this period? YES!
Activation expected at ≈Mon, 21 Aug 2017 21:34:22 GMT.

Still 1984 blocks needed for SegWit to activate.
Activation period is at 1.6%.

https://www.xbt.eu/


It was indeed locked-in today. Now waiting for the activation. I don't believed that the locked-in has an effect of the price. Maybe someone who have bought bitcoin around ~$1900 just want to cash it out. Still at $3300 it is still holding which is a good sign. But I don't know if the market will continue to be bullish at this stage. The Segwit locked-in for me is already price in.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
August 09, 2017, 01:31:40 PM
#15
Was the dip today related to the segwit lock in? People speculating on some drama to prevent lockin at this moment?

Great news nonetheless. A big step forward!
No. I believe it was traders cashing in. After a rise there's always a fall when a group of traders that bought late gets scared and starts selling. Usually it's close to round numbers like it touched 3500 and dropped again went close to 3500 and dropped. It couldn't get through it so it was a signal to test lower support. All normal and still bullish Wink
sr. member
Activity: 420
Merit: 251
August 09, 2017, 01:05:33 PM
#14
Nice, welcome to future of bitcoins.
Since SegWit is locked, no stressful situations are foreseen yet, then the world of bitcoin will be bright and it will contribute to its further growth. I also do not think that in November the situation will be more complicated than it was on the first of August.
It will be.
The 2MB hard fork in November will theoretically have 92% of current miner support.
Now most pools won't follow through obviously but this split will be felt much more throughout the Bitcoin community as it will probably be divided more than ever.

However after some time people will make a choice and only the true Bitcoin will survive.
full member
Activity: 714
Merit: 104
August 09, 2017, 12:59:51 PM
#13
Nice, welcome to future of bitcoins.
Since SegWit is locked, no stressful situations are foreseen yet, then the world of bitcoin will be bright and it will contribute to its further growth. I also do not think that in November the situation will be more complicated than it was on the first of August.
full member
Activity: 199
Merit: 100
0xB911101025014BfCaA3B17BC7683C0817489bB28
August 09, 2017, 09:02:14 AM
#12
It was just a formality. Even those miners who didn't agreed with the idea had to conform to the SegWit2x code. Else their blocks would have got rejected. I still don't know what the Core is going to do about this.
sr. member
Activity: 392
Merit: 250
August 09, 2017, 08:42:29 AM
#11
Now this is the news we all(bitcoin community) wants to hear, the rising price shows that Segwit Locked in. Now the good days are coming when the price will touch the sky.

This is what we are waiting for. Now we can relax from those stressful  FUD news and watch bitcoin prices to shoot up Smiley I think its quite stable now but we expect more increase in the coming months.

This is not over yet, now miners might try to push a 2mb hardfork in November, and since this fork comes with no replay protection and has more support from miners and some businesses than Bcash, it might have a good chances of dropping Bitcoin's price in short term. So, stay tuned for the news, check what important people on both sides are saying and trade carefully, because we still might see some big volatility.
Yes,its only a temporary relief.But still,its good.There might be a chance of another critical situation in november which is slightly different from this situation as it has more miners support who had already signed in the new york agreement.Lots of FUD will be spread at that time to make bitcoin price fall.But we could hope that bitcoin would successfully overcome that situation also as it did during this hard fork.
hero member
Activity: 2114
Merit: 603
August 08, 2017, 09:33:05 PM
#10
Nice, welcome to future of bitcoins.
legendary
Activity: 3472
Merit: 10611
August 08, 2017, 09:27:02 PM
#9
Was the dip today related to the segwit lock in? People speculating on some drama to prevent lockin at this moment?

Great news nonetheless. A big step forward!

that wasn't really a dip, it was more of a tiny correction in price and it was only because price has gone up about $600-$700 in less than 5 days! and there must be some correction after a crazy rise like that.
and surely enough there was, but in bitcoin a correction (when price comes down a little) will always cause some panic too (for no logical reason) so it becomes bigger than it should be before it bounces back up an back on track.
something like this: $2800 > $3490 > $3300 > $3380
full member
Activity: 308
Merit: 100
Presale is live!
August 08, 2017, 09:06:02 PM
#8
Well it has been known for a while that Segwit would most likely be activated.
legendary
Activity: 3038
Merit: 2162
August 08, 2017, 08:19:41 PM
#7
Now this is the news we all(bitcoin community) wants to hear, the rising price shows that Segwit Locked in. Now the good days are coming when the price will touch the sky.

This is what we are waiting for. Now we can relax from those stressful  FUD news and watch bitcoin prices to shoot up Smiley I think its quite stable now but we expect more increase in the coming months.

This is not over yet, now miners might try to push a 2mb hardfork in November, and since this fork comes with no replay protection and has more support from miners and some businesses than Bcash, it might have a good chances of dropping Bitcoin's price in short term. So, stay tuned for the news, check what important people on both sides are saying and trade carefully, because we still might see some big volatility.
hero member
Activity: 1414
Merit: 505
Backed.Finance
August 08, 2017, 07:50:34 PM
#6
Now this is the news we all(bitcoin community) wants to hear, the rising price shows that Segwit Locked in. Now the good days are coming when the price will touch the sky.

This is what we are waiting for. Now we can relax from those stressful  FUD news and watch bitcoin prices to shoot up Smiley I think its quite stable now but we expect more increase in the coming months.
legendary
Activity: 4228
Merit: 1313
August 08, 2017, 07:19:27 PM
#5
Was the dip today related to the segwit lock in? People speculating on some drama to prevent lockin at this moment?

Great news nonetheless. A big step forward!

I don't know, but the script versioning will be a huge step forward in capabilities available.
legendary
Activity: 1946
Merit: 1007
August 08, 2017, 02:17:48 PM
#4
Was the dip today related to the segwit lock in? People speculating on some drama to prevent lockin at this moment?

Great news nonetheless. A big step forward!
copper member
Activity: 1050
Merit: 294
August 08, 2017, 02:11:48 PM
#3
Now this is the news we all(bitcoin community) wants to hear, the rising price shows that Segwit Locked in. Now the good days are coming when the price will touch the sky.
sr. member
Activity: 434
Merit: 251
physics, mathematics and engineering
August 08, 2017, 01:59:49 PM
#2
The news is that Segwit locked in just now.  Now just 2016 blocks until active.

Yay  Cheesy

100 blocks before technical lockin  Wink

https://www.xbt.eu/
legendary
Activity: 4228
Merit: 1313
August 08, 2017, 01:58:24 PM
#1
The news is that Segwit hit the 95% lock in just now.  Now just waiting until active. (5% more here plus 2016 blocks) [edit for clarity]
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