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Topic: what exactly is going to happen with the b2x fork? (Read 7015 times)

legendary
Activity: 1540
Merit: 1001
Can someone tell me the exact date or block?

If you had read a few posts up, you would see the fork has been cancelled.

M
newbie
Activity: 39
Merit: 0
Can someone tell me the exact date or block?
brand new
Activity: 0
Merit: 0
Fork cancelled and BTC looking very bullish Smiley new ATH
newbie
Activity: 41
Merit: 0
everyone is expecting that when fork starts, there will be overbought but the case here is, will the price be split or will the bitcoin holder sell their coins? I think not. They will hold it until BTC reach its support and that's the time they have to sell it.
full member
Activity: 196
Merit: 100
I have already read many articles on currency forecasts. No one knows for sure.
I am for decentralization. Because this is the essence of the crypto currency.
 However, to my regret, the probability of death of bitcoin is very high. ((((
brand new
Activity: 0
Merit: 0
How many more times does everything think Bitcoin will fork in the next 3 years?

I always thought Bitcoin was far to expensive to hold as an asset however with all of these forks the multiplication of the different Bitcoin Chains have proven to be profitable not to mention the surge in Bitcoin's price over the last year. Does everything this think momentum can continue and the forks continue as well?

Thanks!
brand new
Activity: 0
Merit: 0
tks!
legendary
Activity: 1540
Merit: 1001
Hello, maybe is newbee question Smiley Smiley Smiley anyway i would like to receive an answer please...
Technically speaking when the set block (don't remember the number)....for hardfork will happen...this will be the last block mined on the actual bitcoin...than what??? 85% of the miners automatically start mining something different (software change and the machine keep working) or they have to manually stop entire farms and do all the configurations???
In case is the second option i see it difficult to happen so immediately...

I don't think anyone really knows exactly what's going to happen.  I would be prepared to do anything. Smiley

M
newbie
Activity: 5
Merit: 0
Hello, maybe is newbee question Smiley Smiley Smiley anyway i would like to receive an answer please...
Technically speaking when the set block (don't remember the number)....for hardfork will happen...this will be the last block mined on the actual bitcoin...than what??? 85% of the miners automatically start mining something different (software change and the machine keep working) or they have to manually stop entire farms and do all the configurations???
In case is the second option i see it difficult to happen so immediately...
member
Activity: 72
Merit: 10
There is just a few information about this one.
It's frustrating for everybody
newbie
Activity: 28
Merit: 0
If a big chunk of miners go to the new forked coin, just that mean it will be easier for the other miners who remain to find bitcoin?

Only AFTER the difficulty readjusts.  The problem is it could take months, literally, for that to happen (if 90% of the hasrate moves off of BTC).  By then BTC as we know it would be dead, because it would take hours for a block to be found.. which means transactions will slow to the point it'll kill the system.

M

Miners always follow the most profitable coin, I think very few will mine a coin only to support it. If current BTC/B2X prices stay like this then most will switch to BTC pools (if BCH does not become somehow very profitable). I guess we will find out if it's true that most antpool users setup their miners once and forget about pool switching (and also profit).
member
Activity: 76
Merit: 10
People would be having choice to mine b2x or the btc and if the b2x mining is more profitable than the btc would have less miners left. Thus possible case may be after fork if b2x is picked by miner the btc transactions would take longer to complete.
full member
Activity: 420
Merit: 110
Yeah it would be great if people talked about their opinions on the fork. To me, I think its just personally free money that I am probably gonna sell out immediately. What do you guys think?? Huh Huh
It is likely that you will not have a viable venue, or liquidity to "sell out immediately". Without clear delineation of mining support, there will be no transactional support. Many, many people are loading the boat with speculative positions in hopes of getting free money from a split. As we saw with the BCH fork, until mining consensus and support aligns in one direction or another, there will be no way to transact until mining consensus is achieved. That will take time no doubt. As previously said, this is very likely going to be a "shitshow" with lasting implications. Hope for the best.....prepare for the worst.
brand new
Activity: 0
Merit: 0
Yeah it would be great if people talked about their opinions on the fork. To me, I think its just personally free money that I am probably gonna sell out immediately. What do you guys think?? Huh Huh
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
End game for the fork which could have destroyed bitcoin if they went ahead with it now. Everyone get back to work now. Unstickying this thread. Nothing left to say about it with regards to mining.
alh
legendary
Activity: 1846
Merit: 1052
Fork cancelled and BTC looking very bullish Smiley new ATH

Up $500 in the morning, and then down $500 in the afternoon (US times). As usual, BTC never fails to deliver on volatility!  Smiley
full member
Activity: 402
Merit: 116
Quote
People would be having choice to mine b2x or the btc and if the b2x mining is more profitable than the btc would have less miners left. Thus possible case may be after fork if b2x is picked by miner the btc transactions would take longer to complete.
Which is exactly what the Cabal behind NYA are literally banking on. Safe bet a lot of the activity BiTcH, sorry, 'B2X' is having right now is said entities behind it buying up/mining all the current BCC (really BCH but hey, who care if BCC name was already taken by a different coin right?) they can before the fork hits. Case in point, Bitmains insistence on only accepting 'BCC' (BCH) as payment for purchase of their miners.

You hit the nail on the proverbial head there. Bitmain pretty much upped their game hardcore with BCH (BCC is Bitconnect, funny how its also a scam).

I personally do not believe that Miners will be stupid enough to mine Bitcoin2x when it is not profittable. For the record, I do support the NYA just because I believe that Bitcoin must lower its transaction fees NOW rather than wait for god knows how long. But even if I was to support Bitcoin2x, I would do it in the most profittable way I can: Mining Bitcoin1x and selling for Bitcoin2x. Just like people that support BCH didn't just keep on mining BCH when it is unprofittable to mine (EDA). I don't see a reason this hard fork would be any different.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
Quote
People would be having choice to mine b2x or the btc and if the b2x mining is more profitable than the btc would have less miners left. Thus possible case may be after fork if b2x is picked by miner the btc transactions would take longer to complete.
Which is exactly what the Cabal behind NYA are literally banking on. Safe bet a lot of the activity BitCH, sorry, 'B2X' is having right now is said entities behind it buying up/mining all the current BCC (really BCH but hey, who cares if BCC name was already taken by a different coin right?) they can before the fork hits. Case in point, Bitmains insistence on only accepting 'BCC' (BCH) as payment for purchase of their miners.
legendary
Activity: 1540
Merit: 1001
If a big chunk of miners go to the new forked coin, just that mean it will be easier for the other miners who remain to find bitcoin?

Only AFTER the difficulty readjusts.  The problem is it could take months, literally, for that to happen (if 90% of the hasrate moves off of BTC).  By then BTC as we know it would be dead, because it would take hours for a block to be found.. which means transactions will slow to the point it'll kill the system.

M
member
Activity: 83
Merit: 10
Am i a millionaire yet?
If a big chunk of miners go to the new forked coin, just that mean it will be easier for the other miners who remain to find bitcoin?
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