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Topic: When will BTC vs. BU be decided? - page 3. (Read 2275 times)

legendary
Activity: 1652
Merit: 1088
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March 27, 2017, 07:05:55 AM
#11
We don't know - depends on the miners, and they're a cartel with low accountability and low transparancy.

I honestly think the market wil get so fed-up with this, that they will switch to another coin. Ether is already at a third of bitcoin's marketcap.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 27, 2017, 06:54:21 AM
#10
if i wasn't 100% sure before that there will be NO FORK, i am 100% sure now.
i just read this myself on the wall observer topic so i am going to share it here also.

https://twitter.com/f2pool_wangchun/status/846266755391512577

with this we are sure that F2Pool which is one of the biggest mining pools out there, is not going to support BU and without them and many other miners who are not with them, we can safely add BU to Classic and XT and Unlimited,...

and as far as price is concerned we can expect $1200 pretty soon.
legendary
Activity: 1120
Merit: 1008
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March 27, 2017, 04:40:32 AM
#9
There's certainly a lot of action building up on the market, waiting to explode (potentially). What's the decision date for the split that we should all be tracking toward?
It totally depends upon the support from miners, actually if segwit get activated there will be no split of bitcoin network which is better than having two chains if unlimited get its activation point of 75% support which is very far from current support level.
legendary
Activity: 3668
Merit: 6382
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March 27, 2017, 03:33:23 AM
#8
The same way BTC vs Bitcoin XT was decided, price will rise everyone is going to forget about stupid shit like forks.

This time could be real that there will be a hard fork. The market wants bigger blocks to accommodate the larger transactions.

No. The market wants the transactions be cheap and fast. The market doesn't give a beep on the block size.
While BU promises to solve the bottleneck on the blockchain (bottleneck clearly created by spam attack and many voices are claiming it's actually BU supporters that spam attack the network and create that bottleneck!), BU will not make transactions faster and may make Bitcoin network more vulnerable.
I am not telling that SegWit is the best solution, but at least it looks like a more future-proof attempt.
Good solutions need time, not silly wars.

Now, whose account is this? You just prove my point about FUD.
sr. member
Activity: 392
Merit: 250
March 27, 2017, 03:29:02 AM
#7
The same way BTC vs Bitcoin XT was decided, price will rise everyone is going to forget about stupid shit like forks.

This time could be real that there will be a hard fork. The market wants bigger blocks to accommodate the larger transactions.
Yup we just dont know what it will do with the price.
newbie
Activity: 56
Merit: 0
March 27, 2017, 03:26:06 AM
#6
The same way BTC vs Bitcoin XT was decided, price will rise everyone is going to forget about stupid shit like forks.

This time could be real that there will be a hard fork. The market wants bigger blocks to accommodate the larger transactions.
legendary
Activity: 1442
Merit: 1016
March 27, 2017, 03:05:33 AM
#5
I see a lot of FUD these days.
BU promised they will not deploy before 75% (I think it was 75%, but I'm not sure; it was a big % anyway) and now they threaten with 51% attack.
However, their support reached 39%+ and was thought to be unstoppable and .. surprise, their support decreased ~2% in ~2 days now. So even that is very far.

SegWit needs even higher percent to be deployed: 95%. Current support is under 30%


TL;DR While a lot of FUD was spread out, neither BU nor SegWit are close to be deployed.


Well there are other ways to get SegWit activated. UASF ist discussed at the moment and in development as far as I know.
And yes at the moment we stuck. And the FUD will probably continue.It's coming in in waves.
We'll see how the community deals with that circumstances and situation in the future.
But imo as long as this issue isn't finally solved I doubt we will moon to $2000 or even new ATHs this year.
And I think it's in the interest for all of us to finally find a solution.This ongoing debate/war since 2+ years now is really annoying.
Something has to happen.
legendary
Activity: 3668
Merit: 6382
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March 27, 2017, 02:20:32 AM
#4
I see a lot of FUD these days.
BU promised they will not deploy before 75% (I think it was 75%, but I'm not sure; it was a big % anyway) and now they threaten with 51% attack.
However, their support reached 39%+ and was thought to be unstoppable and .. surprise, their support decreased ~2% in ~2 days now. So even that is very far.

SegWit needs even higher percent to be deployed: 95%. Current support is under 30%


TL;DR While a lot of FUD was spread out, neither BU nor SegWit are close to be deployed.
member
Activity: 70
Merit: 10
Small trader
March 27, 2017, 02:19:37 AM
#3
The same way BTC vs Bitcoin XT was decided, price will rise everyone is going to forget about stupid shit like forks.
legendary
Activity: 3248
Merit: 1070
March 27, 2017, 02:08:54 AM
#2
no one know it's based on consensus, there are the chance that it will never be decided and remain in this state forever, if both part can't make their mind

or maybe it can happen in few week, it's not somethign that you can predict, even antpool who was the first supporting BU is not pointing all the miners there

for now if you are concerned about your investment just hold your coins, bitcoin won't lose its value much mor, i see the market is pretty stable now
hero member
Activity: 1106
Merit: 638
March 27, 2017, 01:02:32 AM
#1
There's certainly a lot of action building up on the market, waiting to explode (potentially). What's the decision date for the split that we should all be tracking toward?

Thanks.
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