Whats next after BIP 91? - page 2. | Bitcointalksearch.org

PanGiMoon

full member

Activity: 420

Merit: 100

Quote from: makulo123 on July 23, 2017, 02:33:20 PM

Well, I did a mistake and I sold 90% of my Bitcoin reserve before the price skyrocketed to 2800 USD Undecided

But I am still hodling my ETH, some alts and 10% of my BTC. The split is not gonna occur as far as I am convinced and that is why no one should be scared...

If so to speak, How come and go. Only I believe that I have saved, I will not only win in double but also in labor. All my bitcoins, ether and altcoin are on hold until this stir will not settle.

makulo123

full member

Activity: 238

Merit: 100

Well, I did a mistake and I sold 90% of my Bitcoin reserve before the price skyrocketed to 2800 USD Undecided

But I am still hodling my ETH, some alts and 10% of my BTC. The split is not gonna occur as far as I am convinced and that is why no one should be scared...

crazycatwoman03

sr. member

Activity: 588

Merit: 250

Quote from: ulysseso on July 22, 2017, 05:49:56 PM

After reading about BIP 91 on coindesk, this obviously isn't a permanent solution for the possible fork in BTC. Does anyone know what will come after in the coming months?

Of course no one really knows what will happen after the BIP91. It had caused many people to panic and to sell their bitcoins because there are people who are saying that bitcoin would continue to dump. There are just speculations and rumors.

No one knows what will happen, what we have are only ideas. As for me, I will just wait until August 1 happen, I will observe what will happen and then that will be the time for me to decide. I have done the safety measures just to ensure that I would still have money left.

Mometaskers

hero member

Activity: 1764

Merit: 584

Quote from: klf on July 22, 2017, 10:49:27 PM

Quote from: joebrook on July 22, 2017, 07:59:07 PM

Quote from: espante on July 22, 2017, 05:51:55 PM

Quote from: ulysseso on July 22, 2017, 05:49:56 PM

After reading about BIP 91 on coindesk, this obviously isn't a permanent solution for the possible fork in BTC. Does anyone know what will come after in the coming months?

There won't be any problems for August but the next step is going to be a hardfork to 2 MB blocks I think in November. This is where the real problems could start.

Why dont they just implement the hard fork already so that they wont be fear among investors again in November, August 1 has already caused enough problem among investors which drove the currency way down last weekend.

No need to worry about all these news and developments but should take those opportunities buy some more bitcoins. If you want to invest money for long term perspective then you should buy bitcoins in small quantities on every dip so that you can get a good average price. I'm very confident that Bitcoin prices will go very high by next year so not worried about these short term fluctuations.

True. In the meantime I'll just hold on to the rest of the bitcoins I didn't sell a few days ago. I wonder if there'll be another plunge by November and how bad it would be. I think that would be a nice time to buy more bitcoins.

What is the time line for that mentioned hard fork? Ideally I'd like to buy well before the split so I can tuck in the bitcoins safely in a personal wallet.

iram1011

hero member

Activity: 896

Merit: 521

Quote from: joebrook on July 22, 2017, 07:59:07 PM

Quote from: espante on July 22, 2017, 05:51:55 PM

Quote from: ulysseso on July 22, 2017, 05:49:56 PM

After reading about BIP 91 on coindesk, this obviously isn't a permanent solution for the possible fork in BTC. Does anyone know what will come after in the coming months?

There won't be any problems for August but the next step is going to be a hardfork to 2 MB blocks I think in November. This is where the real problems could start.

Why dont they just implement the hard fork already so that they wont be fear among investors again in November, August 1 has already caused enough problem among investors which drove the currency way down last weekend.

It is like a timestamp that hardfork will happen after 3 months after the implementation of Segwit2x. Segwit2x needed 80% miners support. So, it was like giving a chance to other 20% for running Segwit node. If there will be resistance from some miners there would be two coin because of scheduled hardfork. One more reason being Segwit2x was proposed as a mid solution that doesn't leads to hardfork instantly. This is the reason why it is being implemented successfully.

klf

legendary

Activity: 1344

Merit: 1000

Quote from: joebrook on July 22, 2017, 07:59:07 PM

Quote from: espante on July 22, 2017, 05:51:55 PM

Quote from: ulysseso on July 22, 2017, 05:49:56 PM

After reading about BIP 91 on coindesk, this obviously isn't a permanent solution for the possible fork in BTC. Does anyone know what will come after in the coming months?

There won't be any problems for August but the next step is going to be a hardfork to 2 MB blocks I think in November. This is where the real problems could start.

Why dont they just implement the hard fork already so that they wont be fear among investors again in November, August 1 has already caused enough problem among investors which drove the currency way down last weekend.

No need to worry about all these news and developments but should take those opportunities buy some more bitcoins. If you want to invest money for long term perspective then you should buy bitcoins in small quantities on every dip so that you can get a good average price. I'm very confident that Bitcoin prices will go very high by next year so not worried about these short term fluctuations.

Maveth13

full member

Activity: 336

Merit: 112

No one exactly knows what will happen as it is unpredictable. But if everything went smoothly there won't be any problems. BIP 91 was designed specifically to make SegWit and BIP 148 compatible with each other, the goal is to prevent a chain split.

joebrook

sr. member

Activity: 644

Merit: 259

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Quote from: espante on July 22, 2017, 05:51:55 PM

Quote from: ulysseso on July 22, 2017, 05:49:56 PM

After reading about BIP 91 on coindesk, this obviously isn't a permanent solution for the possible fork in BTC. Does anyone know what will come after in the coming months?

There won't be any problems for August but the next step is going to be a hardfork to 2 MB blocks I think in November. This is where the real problems could start.

Why dont they just implement the hard fork already so that they wont be fear among investors again in November, August 1 has already caused enough problem among investors which drove the currency way down last weekend.

error08

hero member

Activity: 1036

Merit: 514

It has been explained in this forum, after BIP91 has locked-in, it takes 2 weeks two activate it. But on August !^st, BIP148 will be activated and it require over 51% hash rate to be lock-in. But, it seems that BIP148 is pointless because the miners enforcing BIP91 and they should be in order to avoid chain split. So, forget about BIP148.
Segwit2x includes BIP 91 to activate segwit also includes a hard fork that will happen 12960 blocks after segwit activates. segwit2x will push for hard fork to increase block size (2Mb-8Mb), We will know on November whether miners approve it or not.
More information ; https://bitcointalk.org/index.php?topic=2012799.340

Hydrogen

legendary

Activity: 2562

Merit: 1441

Everything about the proposed fork is bizarre.

No one that knows anything about it is saying anything as if they're all afraid to speak an opinion that might conflict with the pro fork narrative.

There's nothing but a massive dark cloud of silence hovering over everything.

espante

member

Activity: 98

Merit: 10

Quote from: ulysseso on July 22, 2017, 05:49:56 PM

After reading about BIP 91 on coindesk, this obviously isn't a permanent solution for the possible fork in BTC. Does anyone know what will come after in the coming months?

There won't be any problems for August but the next step is going to be a hardfork to 2 MB blocks I think in November. This is where the real problems could start.

ulysseso

newbie

Activity: 7

Merit: 0

After reading about BIP 91 on coindesk, this obviously isn't a permanent solution for the possible fork in BTC. Does anyone know what will come after in the coming months?

Topic: Whats next after BIP 91? - page 2. (Read 958 times)