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Topic: SegWit2x hard fork (Read 750 times)

full member
Activity: 504
Merit: 101
November 17, 2017, 04:14:32 PM
#27
I heard it couldn't happen, isn't it?
full member
Activity: 210
Merit: 103
November 17, 2017, 04:12:38 PM
#26
I see it’s falling behind the main chain, and only has 7% the hash power, but if the miners stick with it, won’t the difficulty adjust down and get their block chain moving?  I mean, 7% of BTC hash power is still a lot of hash power.  It’s obviously not going to replace BTC, but could end up another Alt, right?
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
November 17, 2017, 04:10:26 PM
#25
So finally B2X is happened today on block 494784 despite the lack of consensus in the last week. Coinbase has already disabled the transactions of btc.

Last I heard, btc1 nodes are stuck as of block height 494,782. According to Core developer Alex Morcos, everyone saying that the forking height was 494,784 was incorrect. Apparently, the last common block is 494,782 and 494,783 is supposed to be the first forked block. That assumes that miners actually mine a block. Given that the difficulty was not adjusted downward, this seems unlikely.

What will be the effect of this fork on BTC?

Unless miners become irrational and start mining 2x, it should be a non-event. The difficulty is quite high, so mining it is probably just burning money. I'm really surprised that Coinbase bothered with this after all the other companies (including Bitmain) backed out.
full member
Activity: 202
Merit: 100
November 17, 2017, 04:00:52 PM
#24
SegWit2x is at 7.64% miner support, 24 blocks behind the main chain, and has yet to mine a >1MB block... I don't think this is going to be a threat to BTC at all.

Thats good to hear but does this mean it happened still or not? I was already confused about all this forking business and after hearing it was postponed last week I thought it would be a few months before Segwit 2x went

through. Now I wake and see this stuff...it is so confusing how can something that people canceled still continue to potentially go through? I dont get it...
full member
Activity: 350
Merit: 122
November 17, 2017, 03:22:59 PM
#23
I thought the Segwit2x got cancelled? But if ever it did happen today then I guess this might be the reason why Bitcoin reached a new all time high today. Reaching $8000+ today and still is around that range now, great for those who had kept their bitcoin and altcoins are probably swimming again in red.

No, Btc was dumped to $5600 after cancellation of segwit2x but its again rised and now it will only go up.

I think the $5,600 dip was caused by BCH (short lived) rally, NOT Segwit2x cancellation.
member
Activity: 196
Merit: 11
November 17, 2017, 03:21:36 PM
#22
With a bunch of people pumping b2x futures atm.
What future lol Cheesy the fork has been stuck on the same block all day... currently 51 blocks behind the main chain. Anyone who buys in to B2X hype deserves the losses they're about to experience
sr. member
Activity: 378
Merit: 250
November 17, 2017, 03:10:28 PM
#21
Hmmm i know coinbase released a email to everybody about this fork happening.. but my question is is this the same group that orginally was going to fork to segwit2x or these are other supporters forking it now? Lol this sht is getting complicated. With a bunch of people pumping b2x futures atm. This sht is getting outta hand and confusing.
sr. member
Activity: 728
Merit: 250
Go Big or Go Home
November 17, 2017, 11:09:37 AM
#20
I thought the Segwit2x got cancelled? But if ever it did happen today then I guess this might be the reason why Bitcoin reached a new all time high today. Reaching $8000+ today and still is around that range now, great for those who had kept their bitcoin and altcoins are probably swimming again in red.

No, Btc was dumped to $5600 after cancellation of segwit2x but its again rised and now it will only go up.
sr. member
Activity: 700
Merit: 250
November 17, 2017, 10:56:11 AM
#19
I thought the Segwit2x got cancelled? But if ever it did happen today then I guess this might be the reason why Bitcoin reached a new all time high today. Reaching $8000+ today and still is around that range now, great for those who had kept their bitcoin and altcoins are probably swimming again in red.
member
Activity: 196
Merit: 11
November 17, 2017, 10:54:21 AM
#18
SegWit2x is at 7.64% miner support, 24 blocks behind the main chain, and has yet to mine a >1MB block... I don't think this is going to be a threat to BTC at all.
sr. member
Activity: 588
Merit: 254
November 17, 2017, 10:46:55 AM
#17
So finally B2X is happened today on block 494784 despite the lack of consensus in the last week. Coinbase has already disabled the transactions of btc.

What will be the effect of this fork on BTC?

Yeah the hard fork is true coinbase emailed every person informing that bitcoin transactions are disabled for some hours and the the transactions will takes place when the miners start to support.I think this fork increase the transaction speed and don't know what is gonna happen to the transaction fees because last some days the bitcoin transaction fee is higher than the normal fee.I hope this fork will cause the price bump and it will help the bitcoin price to reach $ 10K at the end of 2017.
I am a regular user of coinbase and I have not received a single email from them after the cancellation of segwit2X. I hope the miners will now support bitcoin after the happening of the segwit2X. This will definitely increase the block size which will speed up the transaction time but I am worried about the highly increased transaction fee after the announcement of the cancellation of segwit2X. I am not sure whether the transaction fee will decrease now after the happening of the segwit2X or it will still be this much high.
member
Activity: 134
Merit: 10
"Fueling Crypto Securitisation"
November 17, 2017, 10:37:05 AM
#16
hopefully segwit2x really canceled. But if segwit2x will be happens, im not too interested. I hope altcoins prices that are increased. The questions ,will segwit2x be borned new coin succeed which is like BCC coin?? May not,,,
sr. member
Activity: 728
Merit: 250
Go Big or Go Home
November 17, 2017, 10:07:37 AM
#15
So finally B2X is happened today on block 494784 despite the lack of consensus in the last week. Coinbase has already disabled the transactions of btc.

What will be the effect of this fork on BTC?

Yeah the hard fork is true coinbase emailed every person informing that bitcoin transactions are disabled for some hours and the the transactions will takes place when the miners start to support.I think this fork increase the transaction speed and don't know what is gonna happen to the transaction fees because last some days the bitcoin transaction fee is higher than the normal fee.I hope this fork will cause the price bump and it will help the bitcoin price to reach $ 10K at the end of 2017.

I think too Btc price will reach $10k in Dec.
sr. member
Activity: 728
Merit: 250
Go Big or Go Home
November 17, 2017, 10:06:22 AM
#14
I can not understand whom to believe. I heard that segWit2x postponed indefinitely because the community has not reached consensus on this issue. You say that it is trying to run. Who is right? I don't see any changes in the market. It seems to me that such an event can not affect the price of coins. It's probably fake.

SegWit2X is definitely real. Here is a statement from Coinbase 12 hours ago.

https://blog.coinbase.com/bitcoin-segwit2x-update-b69a1c1e5ece

And here you can see the user agent NODE_SEGWIT2X:

https://bitnodes.earn.com/nodes/?q=1.14.5

Maybe you know https://coin.dance/ they monitor the network since before the first SegWit.
They say that the miners' support today for SegWit2X is only 7.64% and the SegWit2X chain is already 14 blocks behind and allegedly no block > 1MB was mined yet.

SegWit2X was called off and that's the only real news (quite old news already).

Yeah I think there was just speculations about segwit2x today, most of the miners unaware of because it was scheduled for Nov mid but it was cancelled last week, so I think its an old news the miners are talking about.
hero member
Activity: 826
Merit: 518
November 17, 2017, 10:05:12 AM
#13
So finally B2X is happened today on block 494784 despite the lack of consensus in the last week. Coinbase has already disabled the transactions of btc.

What will be the effect of this fork on BTC?

Yeah the hard fork is true coinbase emailed every person informing that bitcoin transactions are disabled for some hours and the the transactions will takes place when the miners start to support.I think this fork increase the transaction speed and don't know what is gonna happen to the transaction fees because last some days the bitcoin transaction fee is higher than the normal fee.I hope this fork will cause the price bump and it will help the bitcoin price to reach $ 10K at the end of 2017.
newbie
Activity: 56
Merit: 0
November 17, 2017, 10:04:37 AM
#12
I can not understand whom to believe. I heard that segWit2x postponed indefinitely because the community has not reached consensus on this issue. You say that it is trying to run. Who is right? I don't see any changes in the market. It seems to me that such an event can not affect the price of coins. It's probably fake.

SegWit2X is definitely real. Here is a statement from Coinbase 12 hours ago.

https://blog.coinbase.com/bitcoin-segwit2x-update-b69a1c1e5ece

And here you can see the user agent NODE_SEGWIT2X:

https://bitnodes.earn.com/nodes/?q=1.14.5

Maybe you know https://coin.dance/ they monitor the network since before the first SegWit.
They say that the miners' support today for SegWit2X is only 7.64% and the SegWit2X chain is already 14 blocks behind and allegedly no block > 1MB was mined yet.

SegWit2X was called off and that's the only real news (quite old news already).

Yes, hash-rate is the boss in Bitcoin world. And, as we can see, Segwit2x has no enough support to survive and become a threat for BTC. I think main mining pools have enough power to beat the segwit2x.
sr. member
Activity: 728
Merit: 250
Go Big or Go Home
November 17, 2017, 09:59:18 AM
#11
I can not understand whom to believe. I heard that segWit2x postponed indefinitely because the community has not reached consensus on this issue. You say that it is trying to run. Who is right? I don't see any changes in the market. It seems to me that such an event can not affect the price of coins. It's probably fake.

It was postponed due to the lack of consensus last week but today coinbase emailed their users that it will happen today on block 494784, idk yet these are the same guys or different team.
full member
Activity: 1414
Merit: 100
November 17, 2017, 09:45:38 AM
#10
I can not understand whom to believe. I heard that segWit2x postponed indefinitely because the community has not reached consensus on this issue. You say that it is trying to run. Who is right? I don't see any changes in the market. It seems to me that such an event can not affect the price of coins. It's probably fake.

SegWit2X is definitely real. Here is a statement from Coinbase 12 hours ago.

https://blog.coinbase.com/bitcoin-segwit2x-update-b69a1c1e5ece

And here you can see the user agent NODE_SEGWIT2X:

https://bitnodes.earn.com/nodes/?q=1.14.5
they said scenario 1 is the most likely scenario which the network is unusable, but lets wait and see
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
November 17, 2017, 09:37:45 AM
#9
I can not understand whom to believe. I heard that segWit2x postponed indefinitely because the community has not reached consensus on this issue. You say that it is trying to run. Who is right? I don't see any changes in the market. It seems to me that such an event can not affect the price of coins. It's probably fake.

SegWit2X is definitely real. Here is a statement from Coinbase 12 hours ago.

https://blog.coinbase.com/bitcoin-segwit2x-update-b69a1c1e5ece

And here you can see the user agent NODE_SEGWIT2X:

https://bitnodes.earn.com/nodes/?q=1.14.5

Maybe you know https://coin.dance/ they monitor the network since before the first SegWit.
They say that the miners' support today for SegWit2X is only 7.64% and the SegWit2X chain is already 14 blocks behind and allegedly no block > 1MB was mined yet.

SegWit2X was called off and that's the only real news (quite old news already).
member
Activity: 210
Merit: 12
November 17, 2017, 09:32:55 AM
#8
I can not understand whom to believe. I heard that segWit2x postponed indefinitely because the community has not reached consensus on this issue. You say that it is trying to run. Who is right? I don't see any changes in the market. It seems to me that such an event can not affect the price of coins. It's probably fake.

SegWit2X is definitely real. Here is a statement from Coinbase 12 hours ago.

https://blog.coinbase.com/bitcoin-segwit2x-update-b69a1c1e5ece

And here you can see the user agent NODE_SEGWIT2X:

https://bitnodes.earn.com/nodes/?q=1.14.5
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