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In a few weeks time most Bitcoin holders will be confused what is called "Bitcoin" - whether it's an original BTC chain or B2X (Segwit2x) fork. Nobody knows wha

by vizzah 9y ago

In a few weeks time most Bitcoin holders will be confused what is called "Bitcoin" - whether it's an original BTC chain or B2X (Segwit2x) fork. Nobody knows what will become a Bitcoin.. that's speaking about "integrity of the underlying instrument" ;-)

virtuexru 9y ago
No one is calling B2X Bitcoin except for a very small vocal minority. Almost every other exchange/company has released a statement saying BTC will remind as the core chain.
- uncletammy 9y ago
  > No one is calling B2X Bitcoin except for a very small vocal minority. Either you're intentionally lying or you haven't spent enough time outside of the highly censored /r/bitcoin subreddit. Here's my evidence and it's straight from Bitcoin core's site. https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety Check the list on the bottom. If that doesn't prove to you that the overwhelming majority of businesses and users are upgrading the network via segwit2x, you're a lost cause.
  - virtuexru 9y ago
    Signaling does not mean they will necessarily be upgrading. Let's take a look at the dropout rate shall we? http://segwit.party/nya/ http://segwit.party/nya/ And before resorting to underhanded insults (you're a lost cause) I'd do some research ;). Cheers.
    - uncletammy 9y ago
      > And before resorting to underhanded insults (you're a lost cause) Sorry about that. It's really difficult to tell the difference between a professional troll and an honest person with a genuine difference of opinion. It's been a tough few years for every Bitcoin believer.
  - mirimir 9y ago
    What I got from the statement is: 1) Keep Bitcoin in core wallet, Electrum, etc. 2) Avoid exchanges, online wallets, etc, especially those implementing the hard fork. 3) Don't do transactions just before, or just after, the fork.
- pmorici 9y ago
  They have released statements saying that Bitcoin will be whatever chain has the most accumulated proof of work. Based on all available information right now that is going to be S2X. [0] https://blog.coinbase.com/clarification-on-the-upcoming-segwit2x-fork-d3c0f545c3e0 https://blog.coinbase.com/clarification-on-the-upcoming-segw... [1] https://gemini.com/blog/upcoming-bitcoin-hard-fork-modified-exchange-operations/ https://gemini.com/blog/upcoming-bitcoin-hard-fork-modified-...

by vizzah 9y ago

virtuexru 9y ago

No one is calling B2X Bitcoin except for a very small vocal minority. Almost every other exchange/company has released a statement saying BTC will remind as the core chain.

uncletammy 9y ago
> No one is calling B2X Bitcoin except for a very small vocal minority. Either you're intentionally lying or you haven't spent enough time outside of the highly censored /r/bitcoin subreddit. Here's my evidence and it's straight from Bitcoin core's site. https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety Check the list on the bottom. If that doesn't prove to you that the overwhelming majority of businesses and users are upgrading the network via segwit2x, you're a lost cause.
- virtuexru 9y ago
  Signaling does not mean they will necessarily be upgrading. Let's take a look at the dropout rate shall we? http://segwit.party/nya/ http://segwit.party/nya/ And before resorting to underhanded insults (you're a lost cause) I'd do some research ;). Cheers.
  - uncletammy 9y ago
    > And before resorting to underhanded insults (you're a lost cause) Sorry about that. It's really difficult to tell the difference between a professional troll and an honest person with a genuine difference of opinion. It's been a tough few years for every Bitcoin believer.
- mirimir 9y ago
  What I got from the statement is: 1) Keep Bitcoin in core wallet, Electrum, etc. 2) Avoid exchanges, online wallets, etc, especially those implementing the hard fork. 3) Don't do transactions just before, or just after, the fork.
pmorici 9y ago
They have released statements saying that Bitcoin will be whatever chain has the most accumulated proof of work. Based on all available information right now that is going to be S2X. [0] https://blog.coinbase.com/clarification-on-the-upcoming-segwit2x-fork-d3c0f545c3e0 https://blog.coinbase.com/clarification-on-the-upcoming-segw... [1] https://gemini.com/blog/upcoming-bitcoin-hard-fork-modified-exchange-operations/ https://gemini.com/blog/upcoming-bitcoin-hard-fork-modified-...