Pages:
Author

Topic: The Barry Silbert segwit2x agreement with >80% miner support. - page 6. (Read 120009 times)

hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
...I am impatiently refreshing the Coin Dance website every 30 seconds or so, for the last two hours...
https://addons.mozilla.org/en-US/firefox/addon/reloadevery/
Is there a decent Chrome extension for that?  I've been going through a couple of them and they look like they're either paid, spyware or both.
Who said anything about hard fork? That's the next hurdle since BIP91 activates BIP141 which is a soft fork so no users need to adjust their nodes. If 2x goes ahead in 3 months' time and most users remain on core nodes, we have a split where the vast majority of users will be using a client running off a minority hashrate chain.
For all his vocal support of hard forks, he doesn't seem to have figured out what they actually are yet.
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
Yes very interesting.

So I guess we all can learn now how a HF could work very nicely.

... And show to the outer world that bitcoin can move.
Who said anything about hard fork? That's the next hurdle since BIP91 activates BIP141 which is a soft fork so no users need to adjust their nodes. If 2x goes ahead in 3 months' time and most users remain on core nodes, we have a split where the vast majority of users will be using a client running off a minority hashrate chain.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Yes very interesting.

So I guess we all can learn now how a HF could work very nicely.

... And show to the outer world that bitcoin can move.
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
I went to bed anxious about how close it was and woke up to this. Nice. Let's see how smoothly, or otherwise, the aggressive bip91 deployment process goes. I suspect every remaining pool will be scrambling to signal segwit to not be left with orphaned blocks very shortly and it will be a non-event. Only 3 pools remain not signalling BIP91 but they can't be living in a cave and have been ignoring this. They're just protesting futilely.
legendary
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
476713   BIP91   20000012   Slush Pool   )Fag�w͏��/slush/

Holy shit, it's about time! Yay!

I am impatiently refreshing the Coin Dance website every 30 seconds or so, for the last two hours. This is going to be epic. If BIP 91 is activated, then there is going to be a huge spike in the exchange rates, unlike anything we had seen in the past. For the BIP 91 to lock in, a total of 50 blocks are required out of the remaining 66 (75.75%). God! This is more intense than the WW2!

As I type, it appears that the locking in of BIP91 is pretty much a done deal.  At first, we thought it was a nailbiter; however, in these final hours, the BIP91  signaling really picked up...

Currently, there are only 35 blocks remaining in this signal period and 20 of them need to be BIP91 in order for BIP91 to lock-in.  Therefore of the remaining blocks, only 57% need to signal BIP91 in order to lock it in, and then we move on to the next stage... of this matter which has to first do with the locking in of segwit and next with the activation of segwit.... It is quite likely that some of the drama has been quelled by this BIP91 locking in (and so quickly, too); however, it is likely that more drama will o.k. because THIS IS bitcoin.


Anyhow,  let's move on guys (and girl).   Wink  Our next relevant step is the monitoring the locking in of segwit.  That part should not be controversial, right?  We are going to need some new graphs and charts for such monitoring.... Exciting!!!
legendary
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
Looks like price is reacting to the probability of SegWit locking in! Those of you who bought at 1800~ have made a lot of profit!

Ummm, to the moon? Undecided


Maybe you did not buy any in the $1800s, Allivain?  That is why you are giving the emoji face?

Ah no for sure I did not. I'm cash poor. I just mine and that's it  Smiley

You can still dollar cost average with whatever cashflow you have, no?

I was cash poor in 2015 (during the most recent long bottom), because I had some business issues that kind of blew up at a bad time.

I was not able to buy any between March 2015 and May 2015, but I still managed to buy a few between June and October.  Thereafter, I started to sell very small amounts of the ones that I had bought lower than I sold.. which gave me more and more cash as the price continued to go up.. At first a little and a later a lottle. Wink.

Yah maybe. I kinda sort trade btc with a traditional forex broker so it's a CFD not actual coins. Bought in as low as 180, but because it's very very small lot sizes I'm only up like ~$1800 in profit. So I can sorta trade, just not really gotten heavily into it. I think I'm just better off starting a BTC business and contribute to the btc economy that way instead of sloshing fiat and btc around.

We all have our niches as Searing said.



Of course you  have to tailor your approach to your personal circumstances, and allocate your time and your money in a way that is comfortable to yourself.

I tend to take a relatively conservative approach to my bitcoin investment and strategy.  So, I do find that whenever I add some new aspect to play around with my bitcoin holdings (and moving it around as you say), I have to spend a bit of time to figure out how I am going to do it and incorporate it into my plan. 

For example, I have only recently gotten involved in a small amount of bitcoin lending.  I pretty much went down that path only because another poster was talking about the process.. and initially, I said that I did not do it for various reasons.  Then after he explained the process, I decided to start with a little, and then I added a little more and then I added  a little more.   My point is sometimes there is a bit of a learning curve that is needed to employ before you change your practice, and maybe if you are not willing to put some time into one learning curve or another, then that particular strategy or avenue is not suitable for you at that time in your life.  A similar reason that I never got into mining.. because I did not want to invest in some of the learning curve, even though there are certain payoffs that may not be completely be financial (as you already mentioned in your discussion with Searing)

hero member
Activity: 1092
Merit: 552
Retired IRCX God
...I am impatiently refreshing the Coin Dance website every 30 seconds or so, for the last two hours...
https://addons.mozilla.org/en-US/firefox/addon/reloadevery/
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
476713   BIP91   20000012   Slush Pool   )Fag�w͏��/slush/

Holy shit, it's about time! Yay!

I am impatiently refreshing the Coin Dance website every 30 seconds or so, for the last two hours. This is going to be epic. If BIP 91 is activated, then there is going to be a huge spike in the exchange rates, unlike anything we had seen in the past. For the BIP 91 to lock in, a total of 50 blocks are required out of the remaining 66 (75.75%). God! This is more intense than the WW2!
legendary
Activity: 1806
Merit: 1164
Bitcoin.com was signaling for BIP91 then stopped. Also, Gemini has made a statement that they may support BCC while Coinbase (GDAX) will not.
sr. member
Activity: 443
Merit: 260
Bitcoin.com still signaling for BU

On reddit a confirmed Dev said they haven't rolled out the BIP91 code to every server but well ....

at least enough other pools joined that the 80% should be met without problems.
hero member
Activity: 1092
Merit: 552
Retired IRCX God
...You live for the crypto adrenaline, I know it!
Indeed, that's why I have a footprint in at least a little bit of most everything.  Wink

The only thing I'm married to is my wife, the rest is all lead by speculation and earnings.  Cool
legendary
Activity: 3080
Merit: 1080
Bravo, you're making me very proud right now!
Because that's what I live for.  Roll Eyes

I'll just disregard the last bit after the period.  Cheesy You live for the crypto adrenaline, I know it!
hero member
Activity: 1092
Merit: 552
Retired IRCX God
Bravo, you're making me very proud right now!
Because that's what I live for.  Roll Eyes
legendary
Activity: 3080
Merit: 1080
476713   BIP91   20000012   Slush Pool   )Fag�w͏��/slush/

Holy shit, it's about time! Yay!
legendary
Activity: 3080
Merit: 1080
Bravo! I tell you Forex pales in comparison to the wild dragon that is BTC!...
https://youtu.be/kbp9N4BnaI4


...I hope you did not sell your entire position cause it's going to go to $3000+  - called it Wink lol
I never sell all, just enough to pay bills and buy more Cheesy

Bravo, you're making me very proud right now!
hero member
Activity: 1092
Merit: 552
Retired IRCX God
476713   BIP91   20000012   Slush Pool   )Fag�w͏��/slush/
( ͡° ͜ʖ ͡°)
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
476713   BIP91   20000012   Slush Pool   )Fag�w͏��/slush/
hero member
Activity: 1092
Merit: 552
Retired IRCX God
Bravo! I tell you Forex pales in comparison to the wild dragon that is BTC!...
https://youtu.be/kbp9N4BnaI4


...I hope you did not sell your entire position cause it's going to go to $3000+  - called it Wink lol
I never sell all, just enough to pay bills and buy more Cheesy
legendary
Activity: 3080
Merit: 1080
... but like I said I don't have much money to work with. Do I get any geek credits for being right like all along, 100% since the beginning? loool
Neither do the rest of us, but those of us that bought @ $1,800 have 44% more money after selling @ $2,600. Wink

Bravo! I tell you Forex pales in comparison to the wild dragon that is BTC!

I hope you did not sell your entire position cause it's going to go to $3000+  - called it Wink lol
legendary
Activity: 3080
Merit: 1080
A few are holding out or have reverted while they get clarification on the latest problem with the fork as pointed out to them by gmaxwell here https://github.com/btc1/bitcoin/issues/85 . They're waiting to see how bad an issue it might be in the real world before deploying it (+/- again).

That's not a very probable "issue". It was very good that gmaxwell caught it but I don't think it will a serious cause for concern. There are manual methods the nodes can ensure that they communicate with each other. But I suppose it's the prudent thing to do.
I really wonder that how the people are starting all this but I think it all depends on how fast the users switch into segwit key pairs assuming bitcoin core just need to be great full for the sag witness and blocks any future it will be 2mb block, 4 month down the start so it is a mystery I think.

The 2x or rather the "x" part is an unknown now. One baby step at a time shall we Smiley But SegWit is useful for all the other neat toys that Core came up with.

Also I'm not quite understanding what you mean by how people are starting all this. Did you use google translate or something cause your grammar is difficult to parse.
Pages:
Jump to: