So what you're saying is buy Bitcoin, get both coins, let one die.
John Brown
Plus china is coming back to the market and they'll want to take profits.
Oliver Sanchez
if the old bitcoin wins, nothing will have changed, but if the new bitcoin wins, it will be superior to current one, thus having more value than the current one, right? So the fork should increase value, except for uncertainty or whatever.
Mason Cooper
but the question is, do I get free coins? that's literally all I want to know
David Williams
Hodling like that japanese grandpa with chickens and lederhosen.
Brody Clark
No, one coin will die, the new one or the old one.
Brayden Green
Can't you sell it off before it dies though?
Bentley Mitchell
But which will you sell, user? Which will you sell?
Jacob Wood
No, there is no replay protection, spending one coin spends the other. Its done on purpose so that only one coin survives.
Evan Johnson
No, but you probably want to be in BTC for the fork so your value transfers over.
Zachary Scott
Until it all boils over huh? These opportunities aren't a diamond dozen. That's for sure
Christian Fisher
>saw this >panicked >Then remembered I sold all my BTC just before the fork yesterday Almost forgot lol.
Jack Moore
Oh, ok. I'm guessing lots of people aren't aware of this and are going to be very salty once they lose their coins?
If you hold BTC during the fork, you will get the other coin too. One will die and you'll still have 1 BTC, whether it's core or s2x.
Hudson Williams
you guys should really read this article its usecase is LITERALLY "a blockchain resistant to random shit like HARDFORKS" garzik is using 2X as FUD to drive his ICO he doesn't actually give a shit about B2X.
Brody Barnes
That said, there is the potential of dumb money wondering what is happening to their BTC and sell off.
Asher Richardson
I get that, what I'm saying is won't a lot of flippers get fucked if they sell their seg2x at .1 btc and lose their btc as a result
Easton White
A coin's value has nothing to do with how much better it is than another coin.
Samuel Rodriguez
Wait. Wasn't BTG supposed to have replay protection?
Henry Johnson
Yes, probably. Flippers 'should' know better.
Ian Scott
>nobody knows which will be the right chain
Christian Flores
As much as I want segwit2 to win it seems like a longshot.
am I guaranteed to lose money if I hold through the fork shitstorm?
Jacob Flores
Holy fuck nigga what? So if I spend something on one chain, it's as if the transaction happened on the other as well post fork?
Jaxson Rogers
>diamond dozen?
Sebastian Reyes
What's the major drawbacks to large blocks besides storage which is relatively cheap and not required by anyone not running a node?
Mason Lee
There honestly isn't. Customers get their tx into next block, Miners get more fees per block, blockstream does not make money off of their sidechains.
Colton Allen
No. Hold 2x and you'll be fine when it becomes the main chain.
Jaxson Hill
That's correct. This is not supposed to be some crazy divergent split. It's like Ethereum's hard forks or Monero's hard forks.
Henry Allen
...
Aiden Morales
The scalability issues being more or less solved should inspire some confidence from bitcoin skeptics and cause a bull run, no?
Levi Murphy
There aren't. And 2 MB or 8 MB aren't really that large of a block- most web pages are around that size or larger.
Hudson Phillips
Yes, assuming 2x is successful. If 2x succeeds, you can expect 8 MB blocks and larger when necessary, without the interference of Core.
Christian Nelson
People buy a coin to sell it later for money. The theoretical problems a coin solves don't matter because none of them ever see significant real world use anyway. The marketing a coin has is what determines its value.
Colton Brooks
wrong, they are large comparitively - just 2MB would be an 100% increase from the current blocksize... read the paper lightning network did about the blocksize problem
Jaxon Cook
But it will be, thanks to methods allowing you to split your coins, and exchanges such as coinbase providing their own replay protection.
No matter how you look at it, it is going to be another fork that creates value out of nothing
Blake Rogers
the most "safe" is just Hodl for about 2 weeks after the fork and see what happens in the market.
On the other hand, if BTC stops being the main one, the FUD will enter fully, since it is the base currency for the others and everything will be affected.
Gavin Powell
Nigga NO REPLAY PROTECTION why do you think people say it's shit?
Landon Green
The core devs will then in effect have all been booted. You think that through a few times and then tell us, again, what you think that will mean for bitcoin.
Hunter Sanchez
so what are the "forks" so far: bcash and bgold, then b2x later on, but is that it? wasnt there a few shitcoin aidrop forks like some script cash garbage?
any for ethereum too? i only see ethereum classic, are all of the other shitcoins not airdrop "forks" and just regular old boring shitcoins?
Chase Martin
i just want two bitcoins for the lulz
Noah Harris
That is a good thing. It might finally kill BTC for it's needed update S2X.
Logan Rodriguez
God emporeror Theymos will shill Corecoin into being Bitcoin unfortunately.
Ayden Jenkins
b2x isn't an update, its a chinkcoin. if it goes into effect it will be the worst news bitcoin has ever had.
Ayden James
i already have all my bitcoin in the right chain
Jacob Stewart
he has nothing to do with bitcoin development, and youre delusional if you honestly think a tiny reddit and a tiny forum of users have any sway in any decision making.
it's the chinks and the hilariously amateur developers they chose to develop b2x that have been doing all of the damage against their little takeover attempt. the only developer for b2x is launching a premined shitcoin. it's like they've already given up.
I can definitely see this fork causing a lot of fear and uncertainty . Is it time to go all in on LTC like the last time?
Bentley Lee
litecoin is an even bigger shit than b2x, centralized ownership of coins, more centralized mining and development. it got absolutely nothing.
Gabriel Anderson
Its more than that. The NYA was a closed door agreement signed with the concensus of only a few persons who control the majority of the mining power. If B2X wins, not only do core devs get shat on, you essentially bow to the wills of the few when one of the pillars of bitcoin is decentralization and concensus of the majority.
Ethan Ross
I'd rather that miners control the network if they can manage to make the coin scalable than some overly idealistic devs trying to keep it in the stone age.
Blake Rivera
the whole thing rested on the fact that the developers would be okay with it and there wouldn't be a fork
as expected the untrustworthy chinks forked anyway, and as expected all of the cryptographers didn't want anything to do with a chinkcoin, so the "agreement" is between a few chinks and a rapidly decreasing number of exchanges.
if this doesn't get shut down it's basically the end of bitcoin as we know it, and will be the event that people in ethereum have been hoping for, a self destruction of bitcoin and mining leading to proof of stake coins becoming the new standard.
Logan Powell
you don't understand scalability, just like the stupid chinks. increasing the block size is not scalability, its just pushing more transactions at the same storage and bandwidth cost, the blocks arent even full anymore now the chinks stopped purposefully spamming the network.
real scalability comes with schnorr signatures, off chain networks for high frequency transactions, and careful tweaking of the core protocol not just doubling a few numbers and hoping for the best, which is all you can expect from the chinese and a couple of washed up developers leading this political movement.
Xavier Johnson
Then mine and buy 2X coins and BCC. Sell all your BTC.
>equating conensus and decentralization you fucking liberal retard
Nicholas Gonzalez
Which online wallet supports both chains?
Aiden Sanchez
BTC is like a mother's cooking: it's fulfilling and you know what you're getting. No way the market is deviating from BTC.
Asher Davis
Bitcoin will always be the king. Sure, in a few years top 20 coins by market cap will all be Bitcoin forks, but #1 will always be the original Bitcoin.
Elijah Cruz
No , wrong buddy. Bcc will be king
Lucas King
It will not because I don't have any
Christopher Lopez
The wills of a few? Lol, it's blockstream that's holding back Bitcoin in order to profit off side chains.
There's literally no rational argument against 2MB blocks.
Benjamin Morales
Shut the fuck up. I'm so tired of being disrespected on this goddamn website. All I wanted to do was post my opinion. MY OPINION. But no, you little bastards think it's "hilarious" to mock those with good opinions. My opinion. while not absolute, is definitely worth the respect to formulate an ACTUAL FUCKING RESPONSE AND NOT JUST A SHORT MEME OF A REPLY. I've been on this site for 6 months: 6 MONTHS and I have never felt this wronged. It boils me up that I could spend so much time thinking and putting effort into things while you shits sit around (probably jerking off to traps or whatever gay shit you like) and make fun of the intellectuals of this world. I've bored you? Good for fucking you. Literally no one cares that your little brain is to underdeveloped and rotted to comprehend my idea...MY GREAT GREAT IDEA. I could sit here all day whining, but I won't. I'm NOT a whiner. I'm a realist and an intellectual. I know when to call it quits and to leave the babybrains to themselves. I'm done with this goddamn site and you goddamn immature children. I have lived my life up until this point having to deal with memesters and idiots like you. I know how you work. I know that you all think you're "epik trolls" but you're not. You think you baited me? NAH. I've never taken any bait. This is my 100% real opinion divorced from anger. I'm calm, I'm serene. I LAUGH when people imply I'm intellectually low enough to take bait. I always choose to reply just to spite you. I won. I've always won. Losing is not in my skillset. So you're probably gonna reply "lol epik trolled" or "u mad bro" but once you've done that you've shown me I've won. I've tricked the trickster and conquered memery. I live everyday growing stronger to fight you plebs and low level trolls who are probably 11 (baby, you gotta be 18 to use Veeky Forums). But whatever, I digress. It's just fucking annoying that I'm never taken serious on this site, goddamn.
Ryder Cruz
Read posts about scaling above. The issue is more about scaling anyway, but also about consensus. Consensus was not achieved by signing an agreement behind closed doors.
Nvm, consensus will be achieved after the fork, in the form of the majority dumping their B2X.
Joshua Wright
Sorry if my wordings made it seem like im equating them, but no im not.
Cooper Campbell
any decent exchange will give the option to keep your btc as btc or convert it
Gabriel Stewart
Are there any exchanges that I can store my BTC on to take advantage of the fork? Or do I need to keep it in a private wallet? If so, which is a good one?
Dominic Cruz
Shut the fuck up. I'm so tired of being disrespected on this goddamn website. All I wanted to do was post my opinion. MY OPINION. But no, you little bastards think it's "hilarious" to mock those with good opinions. My opinion. while not absolute, is definitely worth the respect to formulate an ACTUAL FUCKING RESPONSE AND NOT JUST A SHORT MEME OF A REPLY. I've been on this site for 6 months: 6 MONTHS and I have never felt this wronged. It boils me up that I could spend so much time thinking and putting effort into things while you shits sit around (probably jerking off to traps or whatever gay shit you like) and make fun of the intellectuals of this world. I've bored you? Good for fucking you. Literally no one cares that your little brain is to underdeveloped and rotted to comprehend my idea...MY GREAT GREAT IDEA. I could sit here all day whining, but I won't. I'm NOT a whiner. I'm a realist and an intellectual. I know when to call it quits and to leave the babybrains to themselves. I'm done with this goddamn site and you goddamn immature children. I have lived my life up until this point having to deal with memesters and idiots like you. I know how you work. I know that you all think you're "epik trolls" but you're not. You think you baited me? NAH. I've never taken any bait. This is my 100% real opinion divorced from anger. I'm calm, I'm serene. I LAUGH when people imply I'm intellectually low enough to take bait. I always choose to reply just to spite you. I won. I've always won. Losing is not in my skillset. So you're probably gonna reply "lol epik trolled" or "u mad bro" but once you've done that you've shown me I've won. I've tricked the trickster and conquered memery. I live everyday growing stronger to fight you plebs and low level trolls who are probably 11 (baby, you gotta be 18 to use Veeky Forums). But whatever, I digress. It's just fucking annoying that I'm never taken serious on this site, goddamn.
Kevin Lee
what's the date fork this pointless fork?
Cameron Williams
almost seems like a good idea to fucking tether EVERYTHING
Daniel Jones
> taking profit when market is low > taking profit and not having their btc2x
You're retarded
Luke Thomas
Feels good knowing Bitcoin will finally die.
Filling my bags with ETH, XLM, OMG, ARK and NEO. They are about to be worth 90 bilion Zimbabwese dollars.
Evan Clark
Core is literally controlled by Axa and prevented the bitcoin to scale since years. I'm not mad about it, thanks to that there are plenty of money to make from alts but let's not pretend Corejews are the good guys. Also the miners don't want control, they really just want shekels, it's Core who want to make it some weird subscription based derivatives controlled by banks with Lightning.
Lincoln Williams
its a fork you fucking idiot you get coins in both no matter what happens. all you have to do is shut the fuck up and stop shit posting thats it. thats all.
Mason Fisher
control means more shekels shut the fuck up you absolute idiot.
>it's Core who want to make it some weird subscription based derivatives controlled by banks with Lightning.
jesus christ youre clueless
Caleb Thompson
Another worthless fork. You idiots are giving it credibility by selling alts or cashing out entirely.
2mb/Bigger blocks are NOT the answer. Check this if you still think that.
Grayson Roberts
This fork situations is ridiculous. Ppl willing to buy anything as long as it has "bitcoin" in the name. And these ppl are actually braking alts outbreak.
Like, oh god. There are so many alts that can shape a better, cheaper world, but no, I wanna buy some proof of concept coin with minor patches.
David Green
this looks like an excellent time to exit the market, it was great knowing you boys
Nathaniel Baker
oh hey even my id seems to read bit exit
Anthony Lopez
>control means more shekels shut the fuck up you absolute idiot.
Kek, not it's not Theymos. The miners just really want to up their margin allowing, they are not ideologically driven outside of this.
On the other side it's the Corejews want to have total control on the development of Bitcoin itself and against what was initially designed to be: a money actually used to do payments that can scale easily thanks to Moore's law, not some weird store of value that can only be used as a currency through non distributed hubs owned by banks who will manage to use that to control the goyims once again.
It's pretty simple at the end of the day, one solution has no intermediaries (augmenting the size of blocks) the other has (LN).
Jackson Jones
Veeky Forums is clueless as usual
2x is already dead.
Cameron Robinson
2x has no market value, no recognized developers, the only thing it has is a stupid agreement that was already broken by Jihan and Roger.
Parker Reyes
You mad, you lose
Carter Cook
Supporting "2x" makes you look either retarded or like a shill, do some research.
Ayden Rivera
>It's pretty simple at the end of the day, one solution has no intermediaries (augmenting the size of blocks) the other has (LN).
Big blocks are also a centralized solution. Just look at Ethereum losing 30% of its nodes in a month.
Also, blocksize is an economic variable in the ecosystem. Make it too big and miners have no incentive after block rewards are gone. 8x more transactions mean nothing if they all pay 1sat/byte in fees.