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Topic: Will bitcoin split on 1th august or no? (Read 3798 times)

full member
Activity: 244
Merit: 100
August 26, 2017, 01:58:22 AM
#75
it is not possible in 1 august bitcoin will split, bitcoin still have one boss but i do not know who has bitcoin ,, but what i heard hear bitcoin owner is satoshi.
full member
Activity: 952
Merit: 104
can someone tell me if btc will split on 1th of august or nah?
i will wait the decision and updates regarding the split and i think no split but i respect what will happen about the decision this august 1 as we can as of now the bitcoin still in a normal value and i think after august 1 the bitcoin value pump.
full member
Activity: 180
Merit: 100
can someone tell me if btc will split on 1th of august or nah?
Well, according to the news in this forum bitcoin will be split and it will called bitcoin cash. In addition to that, many miners were already agreeing to that splitting of bitcoin and I think it will affect the price of bitcoin to change. Lastly, I believe in bitcoin and I think it will be good enough in the future as digital currency.
full member
Activity: 476
Merit: 100
Probably will not be split because bitcoin is very good at 1st August and the following month.
L
full member
Activity: 182
Merit: 100
can someone tell me if btc will split on 1th of august or nah?

It will, ViaBTC is going to fork from bitcoin:

https://medium.com/@ViaBTC/statement-on-bitcoin-user-activated-hard-fork-6e7aebb67e67

The success of their fork is yet to be seen, but from what happen with Ethereum don't expect it to disappear anytime soon, it may even become quite popular.
sr. member
Activity: 520
Merit: 250
No it will not. BIP 91 which is what's being signalled now and might well be locked in by the end of the day ensures that.
There will be a hard fork but that creates a new coin, not a chain split.

I guess there can be a new coin and is that the one they called as Bitcoin Cash? Now, I realized that having a new coin come out from Bitcoin does not mean that there would be a split. Oh well, this whole thing is becoming so muddled as we are nearing the August 1 deadline.

As for me, I would just watch and relax as the battle is still ongoing. No question that BIP/91 has already won the scaling war but there are still some miners who have something else in mind...maybe this can be the group that preferred to have a new coin minted.

After August 1, the whole Bitcoin community will look forward to the next battle taking place in November and we would have a slim three months period to finalize things up.
Let's just bope that it will really be for the better,im hoping that it will not result any commotion since I have read that the August 1 split is postponed and if ever continued hope its for the best for all of us.
hero member
Activity: 490
Merit: 501
No it will not. BIP 91 which is what's being signalled now and might well be locked in by the end of the day ensures that.
There will be a hard fork but that creates a new coin, not a chain split.

I guess there can be a new coin and is that the one they called as Bitcoin Cash? Now, I realized that having a new coin come out from Bitcoin does not mean that there would be a split. Oh well, this whole thing is becoming so muddled as we are nearing the August 1 deadline.

As for me, I would just watch and relax as the battle is still ongoing. No question that BIP/91 has already won the scaling war but there are still some miners who have something else in mind...maybe this can be the group that preferred to have a new coin minted.

After August 1, the whole Bitcoin community will look forward to the next battle taking place in November and we would have a slim three months period to finalize things up.
sr. member
Activity: 602
Merit: 253
Let's wait and see what will happen on august 1st.
Whether there's split or not, hard fork or soft fork. We couldn't know for sure, yet.
member
Activity: 64
Merit: 10
Many people who mention 1 August will experience obstacles in the existing bitcoin, in a significant reduction in finance / funds.
But in my opinion it's just humor, possibly not necessarily down, but it can go up in certain respects. Can be tried just to wait for August 1st a few days ahead, for this now stable at 35 million with stable numbers, will it be the same as yesterday down to 20 million?
hero member
Activity: 756
Merit: 505
can someone tell me if btc will split on 1th of august or nah?
I hope its not possible.All the news we witnessed about hard fork in last few weeks were just FUD news deliberately spread by big whales to buy cheaper bitcoins promoting panic selling.All the dust has started to settle now and thats why we could see the bitcoin's price increasing once again.Every one has started to realize that bitcoin is not going to split and have started to rebuy bitcoins as much as possible.

The hardfork news was not FUD. It was a possibility and it could have been real if BIP91 was not locked in by the miners. Even now few people still not sure if we will get softfork or hard fork but now i believe it will be BIP91 so no chance of a split.
Yeah, BIP91 has been locked in. So there is really a bigger chance that there would be a fork. But hard or soft, it is yet to be seen after August 1.
If there would be a split in the network then there would be a hard fork. And that is what we should avoid. After there would be a hard fork, there would be a similar problem like ETC and ETH.
full member
Activity: 364
Merit: 100
I think that the division bitcoin will not, it's just a panic to reduce the price. There is very little time left, you just have to wait for positive news. And of course you need to buy coins at a cheap price, if you did not have time.
sr. member
Activity: 2030
Merit: 356
can someone tell me if btc will split on 1th of august or nah?
I hope its not possible.All the news we witnessed about hard fork in last few weeks were just FUD news deliberately spread by big whales to buy cheaper bitcoins promoting panic selling.All the dust has started to settle now and thats why we could see the bitcoin's price increasing once again.Every one has started to realize that bitcoin is not going to split and have started to rebuy bitcoins as much as possible.

The hardfork news was not FUD. It was a possibility and it could have been real if BIP91 was not locked in by the miners. Even now few people still not sure if we will get softfork or hard fork but now i believe it will be BIP91 so no chance of a split.
sr. member
Activity: 462
Merit: 255
We won't know not unless it will be August 1 already. We will just have to wait until then and keep ourselves updated from time to time and make it a habit to educate about bitcoin and what is happening so we will not rely on other people's speculation because it can cause tremendous panic.

All so long ago clear!
The opinion of the miners, no one asked. To be able to earn -- they have to vote.

So the miners will support the separation of bitcoin.
Exchange, some of the same support two branches.

Voting does not make sense. People conservative. He can't immediately throw out the old and get a new!
sr. member
Activity: 700
Merit: 250
We won't know not unless it will be August 1 already. We will just have to wait until then and keep ourselves updated from time to time and make it a habit to educate about bitcoin and what is happening so we will not rely on other people's speculation because it can cause tremendous panic.
hero member
Activity: 686
Merit: 500
can someone tell me if btc will split on 1th of august or nah?
I hope its not possible.All the news we witnessed about hard fork in last few weeks were just FUD news deliberately spread by big whales to buy cheaper bitcoins promoting panic selling.All the dust has started to settle now and thats why we could see the bitcoin's price increasing once again.Every one has started to realize that bitcoin is not going to split and have started to rebuy bitcoins as much as possible.
newbie
Activity: 30
Merit: 0
There is a chance Bitcoin will experience a chain-split on August 1st. A segment of all Bitcoin users is committed to activating a user activated soft fork (UASF) as described in Bitcoin Improvement Proposal 148 (BIP 148). They will reject all Bitcoin blocks not supporting the SegWit. If a majority of miners (by hash power) does not signal support for SegWit through BIP148 on August 1st, but at least some do, Bitcoin’s blockchain will split in two. They will be the 148 BTC coins supporting the new soft fork and Legacy BTC which is the not upgraded version.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
I believe so. Bitcoincash.org

That's a fork. Not a split. It's self declared new coin.

Don't go scaring the younglings.

Actually that's a piece of garbage not a for not a split and not a coin.
It's the last attempt to manipulate by the usual actors in this mess.
And it will be one huge flop

/remind me 2 years
sr. member
Activity: 756
Merit: 253
Nothing is going to happen. Considering the hype that surrounded it for years, I must say its a disappointing end to what has been an exciting ride.

Well let's hope for the best, whether a split or not we are hoping for the strength of Bitcoin as a future currency so that we will continue to enjoy our financial freedom from the hands of political leaders.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
http://www.bitcoincash.org

BitcoinCash BCC on August 1st.

BCC is going to be an altcoin rather than a split in the original Bitcoin blockchain, right? So what do I need to do in order to claim these coins? Do I need to import the private key of my Bitcoin wallet in to the BCC wallet? Isn't that risky?

Bitcoin ABC client would create a new blockchain and would mine Bitcoin Cash (BCC) on BCC mining pool, its simply an alt, nothing to do with the main chain. This ABC plan was proposed by ViaBTC, around 4.6% hashrate. At a time where Segwit activation looks certain without causing a split, ViaBTC has to be batshit crazy to go ahead with creating a BCC mining pool with such a low majority to mine BCC.

If they do it then it would be on August 1. According to their UAHF plan they would be launching a BCC mining pool tomorrow, July 22. Let's see if that happens, most probably not and there would be no split on August 1.

https://medium.com/@ViaBTC/statement-on-bitcoin-user-activated-hard-fork-6e7aebb67e67

If this happens, then you would have to convert your bitcoin to this ABC altcoin, is it worth it?

ViaBTC has just put BCC (Bitcoin Cash)-CNY trading pair on their exchange.

Quote
From 22nd July 2017 (UTC Time), ViaBTC exchange users can trade your “BTC” assets against 1:1 ratio into both “BCC” and “BTC_FROZEN2” assets. Namely, you can trade 1 “BTC” into 1 “BCC” token and 1 “BTC_FROZEN2” token, or vice versa. Deposit and withdrawal are not available for “BCC” and ”BTC_FROZEN2”.

https://www.viabtc.com/convert/bcc

Who would be insane enough to trade 1 BTC to 1 BCC and 1 BTC_FROZEN2 tokens? It looks like there might be another altcoin on August 1.

PS: BCC is just an altcoin, nothing to do with bitcoin or a split.
well the price of the bitcoin is yet not fixed we cannot figure it out that what’s gona happen in the next coming 9 days we cannot make a sure prediction about it but bitcoin has become the main target it could be possible to predict or to speculate with the famous bitcoin so the price will become a bit more large and reliable for us.
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