SegWit2x support growing day by day, WHY FORK FUD and PANIC

DooMAD

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Quote from: whitemacna on March 01, 2018, 02:42:29 AM

Still I see tons of people crying about potential fork. Cmmon people, we all know by the end of this week SegWit2x support s probably going to go over 95%. Why do you buy that FUD about Bitcoin fork..But otherwise the markets would be sooooo boring without action would they?....Who would trade in a flat market?Many people cry because they're afraid of evolution and change. That's something we saw in the last few months from people from several "camps". Although comprehensible it's sad to see people taking things to the extreme.

Not entirely sure why you've bumped this particular thread. BIP91 was indeed activated, but the "2x" part was not (unless you count the scummy thieves that stole the name and made a completely different and unrelated fork that nobody cared about in the slightest). There's no 2x support anymore, so it's best if we don't cause confusion by bumping old topics about it.

SegWit usage is increasing, though. That's the main point.

whitemacna

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Still I see tons of people crying about potential fork. Cmmon people, we all know by the end of this week SegWit2x support s probably going to go over 95%. Why do you buy that FUD about Bitcoin fork..But otherwise the markets would be sooooo boring without action would they?....Who would trade in a flat market?Many people cry because they're afraid of evolution and change. That's something we saw in the last few months from people from several "camps". Although comprehensible it's sad to see people taking things to the extreme.

jtipt

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Quote from: virasog on July 21, 2017, 08:28:12 AM

Quote from: warrior333 on July 21, 2017, 08:01:20 AM

Among users of bitcoin are very few ideological people. All interested in money. And this ensures that no problems with the bitcoin after the "judgment day" will not. Nobody wants to lose their investment in bitcoin. It makes me happy.

Finally BIP 91 has been locked in with 95.1% support. It gives shutup call to all the FUDs. As i trusted, bitcoin will always be a single chain and the best crypto currency of the world. Also i feel sad for those who sold their bitcoins between 1900 to 2500$ thinking bitcoin will die or at-least loss in value, but it was just a temporary dump due to some panic which was created.

Yes finally BIP91 has locked in. These next few weeks are going to be fun, this period is one of the most significant time in bitcoin's history. If everything goes well in few months we may say goodbye to 4 digits Prices Cheesy

virasog

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Quote from: warrior333 on July 21, 2017, 08:01:20 AM

Among users of bitcoin are very few ideological people. All interested in money. And this ensures that no problems with the bitcoin after the "judgment day" will not. Nobody wants to lose their investment in bitcoin. It makes me happy.

Finally BIP 91 has been locked in with 95.1% support. It gives shutup call to all the FUDs. As i trusted, bitcoin will always be a single chain and the best crypto currency of the world. Also i feel sad for those who sold their bitcoins between 1900 to 2500$ thinking bitcoin will die or at-least loss in value, but it was just a temporary dump due to some panic which was created.

Yutikas_11920

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Quote from: ss890 on July 17, 2017, 02:55:33 PM

I'm with you man. I always told myself since the news came out that it will split the bitcoin badly. With the current rate of supporter I don't think either that it will affect the blockchain by any means. With that belief I also saved up many bitcoins and bought new when the price was so less which is still less for new investors looking for an opportunity. I'm still more than happy that this scene happened as it gave me chance to buy more bitcoin and invest for future projects. :-)

Hahaha. It does have the advantages and disadvantages of each, because all human-made will never be perfect only God could create something perfect. But indeed if we cannot think well on the matter or issue it is possible that losses can be obtained. but as you say, that this is an opportunity that very steps or provide many advantages to all investors who already have a fairly good knowledge in the bitcoin.

xbiv2

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https://poloniex.com/press-releases/2017.03.17-Hard-Fork/
https://www.okcoin.com/t-423.html

warrior333

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Among users of bitcoin are very few ideological people. All interested in money. And this ensures that no problems with the bitcoin after the "judgment day" will not. Nobody wants to lose their investment in bitcoin. It makes me happy.

OROBTC

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Quote from: crazyivan on July 21, 2017, 04:14:38 AM

Quote from: Decoded on July 21, 2017, 03:59:44 AM

Because there's still a chance. Maybe much much less, but there's still a chance. I personally believe that there is still a possibility of a catastrophic split, so I'm not going to transact anything until the all clear from trustworthy sources.

I have a decent amount of BTC and I don't want to get too cocky with it.

I dont think there s a chance, it would be very, very unprofitable for pools not to signal SegWit2x. As I expected, the support s growing, now it s almost 91%. So why dont these supporters of split stay and mine their own fork? Cause it s a stupid idea and it would generate losses for them.

Money is a great motivator, it surpasses all differences of opinions.

Money, money, money. Yes, that's what brought the players together for now. Even the miners want to keep BTC price high, and that means just one Bitcoin.

Sure, they'll probably try again (Nov/Dec), but for now SegWit2x is looking pretty good. Let's hope the software has no surprise bugs.

$2770 current price suggests that many people are confident.

crazyivan

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Quote from: Decoded on July 21, 2017, 03:59:44 AM

Because there's still a chance. Maybe much much less, but there's still a chance. I personally believe that there is still a possibility of a catastrophic split, so I'm not going to transact anything until the all clear from trustworthy sources.

I have a decent amount of BTC and I don't want to get too cocky with it.

I dont think there s a chance, it would be very, very unprofitable for pools not to signal SegWit2x. As I expected, the support s growing, now it s almost 91%. So why dont these supporters of split stay and mine their own fork? Cause it s a stupid idea and it would generate losses for them.

Money is a great motivator, it surpasses all differences of opinions.

Decoded

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Because there's still a chance. Maybe much much less, but there's still a chance. I personally believe that there is still a possibility of a catastrophic split, so I'm not going to transact anything until the all clear from trustworthy sources.

I have a decent amount of BTC and I don't want to get too cocky with it.

An1ks

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More money people have, more careful they are, it is normal. Everyone just counts their risks. No doubt if you had 1mil$ in bitcoins, that you will be scary of HardFork Grin

Minecache

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Quote from: crazyivan on July 21, 2017, 01:32:58 AM

Ok, as I ve stated a few days ago, SegWit is locked in, it will be activated in 300 blocks and the sky has not fallen on our heads. Where re now FUDders to cry about Bitcoin doomsday?

I guess they sold their coins at $1830.

Now the same panic will move to alts with the same result.

Yup. If anyone empltied their bags in panic on the way down I'd consider cutting your loses, learn from the lesson, and buy back your bags. This price is only a temporary respite before we activate SegWit and cross $3000 for good.

crazyivan

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Ok, as I ve stated a few days ago, SegWit is locked in, it will be activated in 300 blocks and the sky has not fallen on our heads. Where re now FUDders to cry about Bitcoin doomsday?

I guess they sold their coins at $1830.

Now the same panic will move to alts with the same result.

investinator

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Quote from: crazyivan on July 20, 2017, 12:17:15 PM

Quote from: BitcoinNewsMagazine on July 20, 2017, 10:59:13 AM

@crazyivan, it is entirely possible that Bitmain may fork off to Bitcoin ABC regardless of BIP91 lock in. They have said they will not, but they may break that promise. Just because they can.

I would not count on that, WU and the gang hold too many BTC just to destroy it cause they can.

I understand the position of people not wanting miners control the code but up to now we ve had BTC core control the code. What s the difference? They all have their own interests and this is the weakness of decentralization. There need to be some kind of mechanism which makes decisions. Consensus of all involved parties NEVER takes place.

They won't destroy bitcoin because that is what earns them the most money. They aren't rich enough to risk their fortunes. In fact the rise in price today is just going to reinforce their wish to pursue BIP91.

BitcoinNewsMagazine

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Quote from: Sithara007 on July 20, 2017, 11:16:51 AM

Quote from: BitcoinNewsMagazine on July 20, 2017, 10:59:13 AM

@crazyivan, it is entirely possible that Bitmain may fork off to Bitcoin ABC regardless of BIP91 lock in. They have said they will not, but they may break that promise. Just because they can.

Bitmain guys might change their mind. Earlier, no one thought that the BIP 91 could be locked in so soon. But that is going to happen, and along with it a lot of people are going to change their stance.

Well yes I hope that Bitcoin ABC does not happen. Bitmain seems to use ViaBTC for an experimental test bed and Via is pushing Bitcoin ABC cloud mining on presale July 22.

crazyivan

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Quote from: BitcoinNewsMagazine on July 20, 2017, 10:59:13 AM

@crazyivan, it is entirely possible that Bitmain may fork off to Bitcoin ABC regardless of BIP91 lock in. They have said they will not, but they may break that promise. Just because they can.

I would not count on that, WU and the gang hold too many BTC just to destroy it cause they can.

I understand the position of people not wanting miners control the code but up to now we ve had BTC core control the code. What s the difference? They all have their own interests and this is the weakness of decentralization. There need to be some kind of mechanism which makes decisions. Consensus of all involved parties NEVER takes place.

Sithara007

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Quote from: BitcoinNewsMagazine on July 20, 2017, 10:59:13 AM

@crazyivan, it is entirely possible that Bitmain may fork off to Bitcoin ABC regardless of BIP91 lock in. They have said they will not, but they may break that promise. Just because they can.

Bitmain guys might change their mind. Earlier, no one thought that the BIP 91 could be locked in so soon. But that is going to happen, and along with it a lot of people are going to change their stance.

BitcoinNewsMagazine

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@crazyivan, it is entirely possible that Bitmain may fork off to Bitcoin ABC regardless of BIP91 lock in. They have said they will not, but they may break that promise. Just because they can.

DooMAD

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Quote from: crazyivan on July 20, 2017, 01:30:36 AM

How is it possible there re so many lazy and ignorant people here. After 2 weeks of explanations of what SegWit2x is and what does it take for it to get implemented, people still come here spreading FUD about the fork and when will that take place.

FFS, there will ne NO FORK, read a bit. It s all just smart attempt to make you sell your coins cheap. Dont be an idiot.

It's a little too early to say with absolute certainty that there won't be a fork. SegWit2x is ever so slightly short of the mark to achieve a lock-in at the moment for this particular signalling period. Some miners seem to be switching their support around for different proposals. There's still a small possibility (and I mean *small*) of UASF activating on August 1st if the miners don't achieve the lock-in, but there is time for another few attempts before the end of the month if BIP91 doesn't reach its goal in this 336 blocks period. I haven't done the math, but I'm thinking they get at least 2 or 3 more tries before the 1st August if this one fails.

To be as factual as possible, it's highly likely a significant fork will be avoided (although technically, there will almost certainly be minor and insignificant forks for any miners still refusing to recognise SegWit when the times comes, but those are safe to ignore if you aren't one of those miners).

But you're absolutely correct in that it wouldn't be a smart move to start panic selling just because of the hype and FUD around all this. Cooler heads prevail and such.

//EDIT: And a few hours later, BIP91 is back on track to achieve a lock-in.

crazyivan

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How is it possible there re so many lazy and ignorant people here. After 2 weeks of explanations of what SegWit2x is and what does it take for it to get implemented, people still come here spreading FUD about the fork and when will that take place.

FFS, there will ne NO FORK, read a bit. It s all just smart attempt to make you sell your coins cheap. Dont be an idiot.

Topic: SegWit2x support growing day by day, WHY FORK FUD and PANIC (Read 3262 times)