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File: 9 KB, 421x421, segwit2x.png [View same] [iqdb] [saucenao] [google]
4118650 No.4118650 [Reply] [Original]

Explain how Segwit2x fails.

Seriously, I've seen loads of people just assuming that 2x is going to flop. Explain yourselves.

It currently has ~80% hashrate. What, is that just going to go poof right before the fork? Give your explanation for why that would happen.

Otherwise quit talking bullshit.

>> No.4118672

If it's not profitable they won't mine

>> No.4118709

>>4118672
And why would it not be profitable?

Hell, even if it wasn't profitable, the miners can take those losses for a bit to crush Core.

>> No.4118727

>>4118650
> I've seen loads of people just assuming that 2x is going to flop.
A lot of those people are paid by theymos to push that opinion. He controls bitcointalk.org and r/bitcoin, the main forums for Bitcoin, and he's not shy about abusing his power to create an illusion of a consensus opinion on those mediums. That's along with paying social media marketing firms to push opinions on mediums he doesn't have full control of such as twitter.

>> No.4118765

>>4118709
Look at current future prices for b2x; and if they ALL mine at a loss then sure. But they probably won’t

>> No.4118779

>>4118727
Oh I'm fully aware of the core fanboys and trolls. I just want them to go through the effort of putting together a coherent argument for why 2x is going to fail, because all I've seen up to this point is a bunch of magical assumptions (REAL bitcoiners will dump S2X outta nowhere!!!!), misunderstanding of what Segwit2x actually is (it's totally like Bitcoin Cash and will fail lololol), or deus ex machina, some invisible entity will save the day, type crap.

>> No.4118784
File: 94 KB, 800x791, suprisepajee.jpg [View same] [iqdb] [saucenao] [google]
4118784

How fucked is bitcoin out of 10?

and why doesnt satoshi do something

>> No.4118793

>>4118765
>Futures prices

lol for fuck sake

>> No.4118869

>>4118650
stop posting this dumb shit every day.

How can 2x have 80% hashrate WHEN IT ISN'T EVEN OUT YET YOU FUCKING NONGBEATER

>> No.4118917

>>4118869
https://coin.dance/blocks

Cry some more you core cocksucker

>> No.4118961

The real question is why are 2x'ers trying to tank the value of bitcoin in general? Your precious new coin isn't going to just take over the spot bitcoin holds now. If 2x wins, then both coins go down.

>> No.4118964

>>4118917

At least some of those will mine both chains.

They will mine whatever is profitable.

You're just assuming for some bizarre reason that the market will give 2X more value.

Tell me why that isn't a fucking stretch.

>> No.4118978

>>4118917
if you think that bitcoin is just going to drop off and die and 2x take over you have mental issues.

>> No.4118987

>>4118978
That's exactly what corecoin will do.

>>4118964
2x will have more value because you can actually transact on it, which you won't be able to do on 1x with blocks only being mined every other week.

>>4118961
We can already see the narrative begin change as 2x's victory draws near.

>> No.4119007

>>4118987
>2x will have more value because you can actually transact on it, which you won't be able to do on 1x with blocks only being mined every other week.

Circular reasoning. Why do you think the market will give 2X more value than Bitcoin?

>> No.4119014

>>4118650
its a side chain attack
as the dev team increases the blocksize from the inside we will accept that
otherwise they can go fuck the attempt to take over bitcoin

>> No.4119017

>>4119007
Because it has 4 times as much hashrate.

>Why
>Why
>Why

https://coin.dance/blocks

>> No.4119019

>>4118917

Talk is cheap. Lets see what happens when there's money on the line.

>> No.4119021

>>4118784
Satoshi lost his private key and disappeared out of embarrassment

>> No.4119043

>>4119014
fuck your cancerous dev team.

They're not even the original dev team from the early days, ffs. That dev team was purged with these freaks.

Even vertcoin is better than these freaks.

>> No.4119051

>>4119017
It has no hashrate.

Hashrate will be decided - as we've seen with BCH - by what is profitable. This will be decided by market price when the split occurs.

Why will the market give 2x more value?

Why can't you answer?

>> No.4119070

>>4119051
There will be no split, faggot. Once again, this isn't Bitcoin Cash. When it's over, I'm sure you idiots will wish it was, because the core chain will die, by being effectively unmineable.

>> No.4119080

Since there's no replay protection and 80% miners are going 2X how could the core survive?

>> No.4119097

>>4118765
they don't use bitfinex to convert to fiat

>> No.4119133

>>4119070
>>4119080

Holy shit, market price determines what that 80% will mine. Not some fucking text on a screen. They won't mine at a loss.

>> No.4119134

>>4118650
Literally nobody with a brain thinks 2x will fail. The only people who do are brainwashed Corecucks from reddit.

Core push the idea it will fail hard, but it's no more than a bluff to try and get hashpower to drop its support. So far the miners are ignoring the bluff.

Unless hashpower drops dramatically over the next couple of weeks, 2x will be de facto Bitcoin, the upgrade will be clean, and it will have been demonstrated that a single group (Core) do not control Bitcoin.

>> No.4119141

BCH will take over and cause a BTC death - spiral post Segwit. The plan all along. Watch the upcoming BCH hard-fork updating their EDA algorithm and getting ready.

>> No.4119163

go long on x2
put you stupid money where your stupid mouth is
thats what ive been doing for years
i dont need to argue with your dumb ass about it

>> No.4119164

>>4119080
The only way for the core chain to survive is to admit that they have lost and push out emergency patches that would enable them to survive as a minority chain, like Bitcoin Cash.

However, they refuse to do that. B2X and core are refusing to implement replay-protection.

Both signed up to play a final game for total control. One will lose. That's looking to be core.

Tick tock.

>>4119133
Once again faggot, this is nothing like Bitcoin Cash. There will not be two chains.

Unsubscribe to /r/bitcoin and listen to what people are telling you. The raw technical specifics will tell you exactly what is going to happen. A minority chain cannot survive without hashpower. Futures contracts on a core-aligned chink exchange don't mean shit.

>>4119141
That would be hilarious if it happened, but I kind of doubt it.

>> No.4119176

>>4118978
Bitcoin is not going to die. Core is, however. If you think hashpower doesn't control Bitcoin you have mental issues.

(like, seriously. Bitcoin's literal invention was the use of hashpower and economics to make the decisions, rather than social methods which can be gamed.)

>> No.4119184

the markets will decide

and BCH will win

Because its better code

The Satoshi code with EDA

>> No.4119185

>>4119164

I'm not on Reddit.

Everyone that posts "corecucks" is.

Everyone that assumes that 80% posted on coin.dance will completely mine 2X is.

You can't tell me why you assume they will.

You need to go back.

>> No.4119192

>>4118650
Bitcoin is indestructible at this point. But the confidence people have in Bitcoin is not. Endless forks could erode away this confidence. If the greed centered corners of the internet (wallstreetbets, pol,biz, btc et al) got what they wanted BTC would be fragmented into oblivion.

However if these attacks fail, and I believe they will, Bitcoin will come out even stronger.

Fundamentally I think CSW is a disgusting human being and his claim to be Satoshi is classic narcissistic behavior.

Essentially Up Is Down and Down is up with you guys. CSW is Satoshi, BCH was/is Bitcoin, S2x will be Bitcoin, greed is good, whatever altcoin is being pumped is legit and btc is the scam. And of course generally neutral players like AA are morons and don't know what they're talking about right?

This was easy for me. I'm not a very techy person but I see scumbaggery and I stay away.

>> No.4119195

Can we all agree that if 2x is successful most of the normies in crypto will get rekt because they only buy btc and hold? A lot of money will leave crypto for good and Btc place as a store of value will be lost because any chink can fork it and rape your ass every month. This is the very thing that prevents mass adoption. Normies won't tolerate the volatility and leave the scene while we will be trading against each other instead of riding the tide that lifts all coins..

>> No.4119199

>>4119185
>You can't tell me why you assume they will.

I just did, fag. You literally don't know how it works.

>> No.4119204

>>4119164
what do you mean there won't be 2 chains??

>> No.4119224

>>4119199
No you didn't. You said "this isn't bitcoin cash" - that's it. That doesn't tell us why all of that 80% will go to 2X.

And you can't tell me why it will.

>> No.4119232

The miners will select The most profitable chain!

One will destroy the other,.. in the marketplace

>> No.4119242

>>4119195
Can we all agree on that if you buy bitcoin before the fork u will get both forked coins. Normies wouldnt care less since there is no risk

>> No.4119250
File: 54 KB, 1251x550, coin-dance-btc1nodes.jpg [View same] [iqdb] [saucenao] [google]
4119250

>>4119185
it's haBBening

>> No.4119272

What would Satoshi do, if Bitcoin threatened?

Fork > BCH

Which is only code without Segwit

>> No.4119276

>>4119204
DYOR. Segwit 2x doesn't have replay protection. Only one chain can survive. And most are betting that core will survive just because the momentum it has. But if miners agree to mine 2x at a loss for a month or so they will effectively kill core. Normies think this is just another Bch situation and it's not.
This could be a game changer.

>> No.4119282

>>4119276
but if you hold both, why would you care?

>> No.4119314

>>4119195
>Can we all agree
lol no

>>4119204
Bitcoin and all cryptos rely upon miners to find valid blocks. Think of hashrate (computing power) as gasoline for an engine. Without enough hashrate, a cryptocurrency network will stop being able to find valid blocks at statistically regular intervals. Without valid blocks being mined, the chain (or cryptocurrency) stops being usable at all.

80% of Bitcoin's hashpower is currently saying they will mine the Segwit2x chain. 20% is saying they will mine the current Segwit1x chain. 80% of the current hashrate will mine blocks much, much, much faster than 20%, hell losing 20% of your hashpower is effectively a death sentence due to the built-up difficulty adjustments. So the B2X chain will experience some hiccups, but nothing like the B1X chain, which will effectively grind to a halt and be totally unusable.

What happened with Bitcoin Cash is that the minority hashpower client coded in some changes that allowed them to mine blocks at a much lower difficulty, thus when they forked off they were still able to mine blocks.

Neither the 1X or 2X team has done this. They both have coded their way into total annihilation of one or the other, and core is losing massively.

That's the raw technical shit that idiots like this guy >>4119224 simply refuse to do their homework on, instead they spout idiotic platitudes like futures contracts and shit.

Your futures contract won't be worth anything if your chain is dead. Fuck you.

>> No.4119337
File: 61 KB, 755x518, 2xisliterallyunstoppable .png [View same] [iqdb] [saucenao] [google]
4119337

>>4119250
>it's haBBening

Looks like it

>> No.4119348

>>4119282
You have to choose one to support because of the lack of replay protection. You can hodl till that point and see which chain comes out on top in terms of value and support.

The problem is that this garbage could fuck the value of BOTH chains in the eyes of Norman...

>> No.4119353

>>4119337
It just rising
16 days to go

>> No.4119361

>>4119314
>That's the raw technical shit that idiots like this guy >>4119224 (You) simply refuse to do their homework on, instead they spout idiotic platitudes like futures contracts and shit.

You're conveniently ignoring the wild switches in hashrate that occur for BCH purely because miners mine the most profitable chain.

That 80% means nothing.

You should do your homework.

>> No.4119368

>>4119242
Think about this. You have 10 Btc and Hodl after the fork so you get 10 BTC2x. After the fork btc core dies and price tank to 1/20 it's current value.
People assume that money will flow in the same way to the new Btc and it will regain the same value rapidly. But if it doesn't people will panic sell and the trust in Btc, Any btc is lost. An most of the marketcap will be gone in a few month while we remainin the few blockchain projects that we think have a future. But kiss normie adoption goodbye

>> No.4119384

>>4119361
Talk about circular reasoning, lol.

Enjoy your "infinitely profitable" dead chain with no hashrate, bud.

>> No.4119389

>>4119368
Not to mention that Bitcoin Core is artificially pumped with Tethers

>> No.4119403

>>4119337
node ≠ hashrate

>> No.4119418

>>4119384

All you have to do is tell me why that 80% of hashrate - which was 95% a couple of weeks ago - will absolutely, definitely convert into 80% of hashrate on the day. That miners won't hedge by mining both chains, that miners won't switch - as they have been doing - closer to the date, that miners will ignore market price.

That's it. That's all you have to do.

I don't think you know what circular reasoning is.

>> No.4119429

>>4119403
>node ≠ hashrate

I know.

I was replying to>>4119250

>> No.4119438

>>4119314
So my transactions on bitcoin network will take a little longer for a little while.

D'oh, how terrible. Totally would make me switch to chain with one incompetent codemonkey.

Meanwhile, attackers will bleed on losses and fools will be parted with their money.

>> No.4119451

>>4119314
A majority of the people aren't behind it though. So if you win you've lost. If Bitcoin can be thugged by miners over what the people want then its value will erode away.

I'm hoping btc can shrug off this attack like a virus and in a few years have more competition among miners.

>> No.4119510

desu I'm planning to buy BTC, just to sell both BTC and BTCs2x for alts right after the fork. I could give 2 fucks about bitcoin and its annoying politics.

is this approach fucked?

>> No.4119524

>>4119314
Long term holder and neutral here. I unironically don't care who wins. You are inexpicably furious and after 12 posts, started telling people to fuck themselves. Frankly you look like a paid shill. Tone it down if you want to look more realistic.

Again, don't give a flying fuck who wins. I won't be moving any coins for years anyway. I just love to mock a paid shill when I see one.

>> No.4119540

>>4119510

It's not awful. The thing about all these forks is it increases bitcoins network effect - bitcoins marketcap relative to alts has been going up since this shitshow started. If this is it for forks then it might start to flow back a little.

>> No.4119571

>>4119540
I'm thinking after this latest bitcoin fiasco, we're going to see a pretty massive alt bull run. a bunch of people made a bunch of free money and need to gamble it away somewhere.

>> No.4119593

>>4119571
Maybe, we did after gold kind of, but after BTC pulling the way it has I don't know who would still be interested

>> No.4119612

>>4119593
i mean realistically the only reason bitcoin has been pumping is because of these "free money" hard forks...
once those dry up, people will get bored and move back to alts.

>> No.4119632

>>4119314
is hashpower some limited resource or do computer hardware manufacturers still exist?

>> No.4119647
File: 1.26 MB, 540x540, 1488929588488.gif [View same] [iqdb] [saucenao] [google]
4119647

BITCOIN HOLDERS:

What is your hard fork strategy? Please tell me why. I have 1.3 Bitcoin, what do.

>> No.4119703

>>4119612
Yeah a lot of it could be, BCH at one point hit 25% of the BTC and still hangs around at about 7%, the free money is no joke and money has been sucked out of alts for it. We may see some of that come back, it's important if it does because it will break the last cycle, could be big moves from ETH

>> No.4119801

>>4119647
I think I will tether BTC right after the fork and hold BTCs2x and see what happens (???)

>> No.4119834

>>4119647
I have BTC that I am going to hold, can't sell for tax reasons.

But honestly everyone is going to pile in ahead of the fork to make sure they are in the dominant chain post fork. I believe the best bet is to sell a few days before the fork and then let the dust settle. I'm a techy that mined BTC in 2013 around the time of the first block halving, but I am way to normie to deal with this shit.

BTC doesn't deserve to survive this forking nonsense. This shit kills the coin. I sincerely believe BTC won't make it. Some Visa coin shit is gonna come out of nowhere and dominate the shit out this market for the rest of time.

>> No.4119846
File: 279 KB, 777x768, bcash.jpg [View same] [iqdb] [saucenao] [google]
4119846

>>4118650
https://soundcloud.com/thecryptocast/ep12

>> No.4120141

Major exchanges are supporting replay protection, what does this even mean? Can folks still sell either coin separately?

>> No.4120202

Im tired of this btc bullshit. Just let my alts moon.

>> No.4120216

>>4119164
put your money where your mouth is and 5x your btc on futures.

>> No.4120237

>>4120141
yes, the no replay protection is a meme. it's messier and will cause problems but it's not hard to split coins

>> No.4120326

LOL OP you truly are retard.

BECAUSE GREEDY CHINKS LIKE MONEY TO MUCH.

80% mining power my ass, let them starve for 2 days you will see 10% when you wake up.

THATS FUCKING WHY.

>> No.4120457

I'm just dumping all my btc into ltc and monero until this shit show is cleaned up.

>> No.4120741

>>4120326
Don't be stupid, some pajeet said it has 80 percent hashrate so it will have 80% hashrate.

>> No.4121819

B2x will win because of the name. People buy the new iphone because it has a higher number and an X in the name

What sounds more appealing to a nocoiner? Bitcoin or Bitcoin 2X

>> No.4122083

>>4119647
Move it all to ETH, have a cold one and let it blow over

>> No.4122135

>>4118650
Replay
Protecion
or lack-there-of
https://www.youtube.com/watch?v=oxCWcGHqh20

>> No.4122185

>>4122135
Lol no. If anything, the LACK of replay protection ensures 2x will succeed.

Simply put, 2MB blocks plus 80%+ hashpower means you cannot reliably send coins on the 1x fork. 1 MB blocks will be completed at such a slow pace that you'll have a simply enormous transaction backlog. When you try to send 1x coins you'll inevitably end up sending the 2x coins. As a result, only the 2x chain will be operable.

Now this could change if there's a massive defect of hashrates, Core hardforks 1x themselves to change the proof of work (which is nuts) or makes for an Emergency difficulty adjustment, but I don't see that happening.

>> No.4122204

>>4119043
>2x
>one dev
>prefers to shill his own shitcoin than work on 2x

It's over. Futures price reflects this.

>> No.4122227

>>4120202
We haven't finished with you yet, alty.

>> No.4122231

>>4119834
so is BTC gonna crash after the fork ?

>> No.4122244

>>4121819
For a normie Bitcoin = real , Bitcoin 2x cool free money but is not BTC.

>> No.4122359

>>4118650
>Explain how Segwit2x fails.
it will get the majority of the hash rate but the big exchanges who took political sides won't have markets available for it because they are brainwashed into thinking it's an "attack on the network"

that's how bitcoin will fail

>>4122244
^people like this are why it's going to fail

>> No.4122364

>>4122227
Daddy please no

>> No.4122377

no developers

>> No.4122401

>>4119019
This. Everybody talks hard until all of a sudden BTC is srill being purchased like its going out of fashion. You deluded late to the party losers need to give up already. Its over and you will remain broke because you dont respect the gravity of BTC

>> No.4122440

Are these people for real about defending the bitmain forks or are all just shills paid by jihan and ver?

>> No.4122483

>>4122440
Fuck your mother if you want fuck

>> No.4122552

>>4122083
This. The politics around the fork are too complex, contentious and potentially disastrous for 90% of crypto investors. Bitcoin's dev community is going to implode in spectacular fashion, while the money moves into the stronger tech. Ethereum rises to its rightful place at #1 while the dinosaur BTC goes down in flames. Suck it, old guard.

>> No.4122565

>>4122552
>eth
fucking lol.

>> No.4122568

>>4122440
no. you want the truth? most people here don't care about bitcoin anymore. it's devolved into trump vs. clinton 2.0 where no one can tell which side is worse. they're both absolute shit just like both sides of the bitcoin scaling debate.

is bcore killing bitcoin by artificially limiting the block size so they can make money on their side chain patents? absolutely

is bcash/b2x killing bitcoin by throwing their monopoly of hash power around and using questionable mining practices? you bet they are

I abandoned bitcoin a long time ago and made over 1000% on ETH with no signs of stopping (since it's becoming web 3.0 and the chosen vehicle for the future of IPOs). any smart trader still here has moved onto ether, and all the other poor pajeets only care about their shitcoins like LINK and ARK (because that's all they can afford).

you're one of the only ones left in the bitcoin echo chamber and my advice is you should take a step back and look at the bigger picture. you should get out now while you still can so you don't lose your shirt during the fork.

it's a good thing all the talented bitcoin dev teams didn't implement replay protection huh?

>> No.4122602

>>4118650

BCH will get extra mining power and remain a contingency for 2X, which will get majority hashpower.
If 2x fails, a lot of miners will leave the chain for BCH. Loss of value short to medium term and bitcoin will slowly die, Bitfinex will get seriously called out if they try to manipulate.
If 1x fails, a number of people may rage quit and Bitfinex may try to manipulate or even exit markets, they will come back with new PoW coin and still try and call it bitcoin. Volatility and price erosion short term followed by pump.

The camps split up like
> Bitcoin 1x - small block maximalists, noisiest on social media, uncompromising, threatening to, propped up by dodgy exchange Bitfinex, patent risk (Blockstream), technical debt and side chains, might work but unproven.

> Bitcoin Cash - big block maximalists, paten risk (mechanical) loose cannon (Craig Wright) who is either a genius or a fraud, decentralised development (5 teams), proven ability to scale in the future by 1gb / xthin

> Bitcoin 2x - sensible and real attempt to compromise, greatest business support, very limited core support (double down) not much vocal support but 90% Hashpower today

I’m currently thinking I will go, by value:- 50% B2x 40% BCH 10% B1x.

>> No.4122707

>>4119418
I don't even know what I'm talking about and I know you're fucking retarded.
Miners might mine both, but that doesn't mean they are mining both with the same hashrate power, and can't possibly mine both at the same time, with the same power as before.
O P P O R T U N I T Y C O S T.
It's like fucking economics. Imagine that. On a business board.
If you only have 5 dollars, do you buy a hamburger, or do you buy a shake and a hotdog?
The problem is that both chains will experience decreased hashrate than XBT enjoys now.
We can tell how many miners are running one code that will diverge based on the hashes reporting in on each block.
80% are in as of now. The miners might switch. Who fucking knows.
The FUD is exactly that. You aren't in charge and can't ever know what will happen.

>> No.4122796
File: 11 KB, 275x183, poos groupies.jpg [View same] [iqdb] [saucenao] [google]
4122796

95% of segwit2x supporter are these people.

>> No.4122843

>>4118709 youre exactly right, the miners that are signaling for 2x DO NOT WANT core to come out of this alive. They will mine for a loss as long as they can to make sure the 1x chain dies.

>> No.4122844

i thought institutional investors were finally starting to move into crypto? it seems to me like there is certainty amongst those at the top with serious money to invest. these forks are just a ruse to get us to sell.

>> No.4122845

>>4122796
Please go fuck yourself. Why do you have to bring some random brown people into the conversation you sub human piece of shit. Those poor shits probably cant afford to eat some days. Stop being an asshole.

>> No.4122856

>>4118784
If satoshi is going to do anything he will be dumping both 1x and 2x and pumping BCH

>> No.4122876

>>4122845
I support 2x But these pooniggers deserve to die of starvation

>> No.4122877

>>4122568
BTC isn't showing signs of stopping either, do you think ETH takes another shot at it if it does? Or will it merely crush ETH under the weight of the correction? If it does I think we have a crypto wide problem on our hands in that the entire market is following a fucking shitcoin and even worse that nobody realizes its a shitcoin, but what the fuck can we do, how do we know if it will ever actually be accepted as a shitcoin

>> No.4122878

>>4118964
"They will mine whatever is profitable."

You are forgetting BITCOIN CASH.
This is going to be pumped to draw away any profit seeking miners from 1x.

>> No.4122889

>>4122844
Hasn't really sounded like it, 'sophisticated investors' yes, not institutions and there are practical reasons for that

>> No.4122933

>>4122878
>You are forgetting BITCOIN CASH.
>This is going to be pumped to draw away any profit seeking miners from 1x.
so how much bitcoin cash have you bought

>> No.4122967

>>4122877
hard to tell because market is clearly misinformed. i was misinformed until recently and I've been reading for awhile.
I thought BCH was just a cash grab. But after 10 minutes of reading i realized bitcoin core is rotten and there are hordes of defectors trying to save the project from itself.
So now we have segwit2x camp and BCH camp, different techs that any normie isn't going to grasp at first glance.

In the confusion normies could flock to safety, probably FIAT because they understand it.

At the end of the day 2x will win out, because it can still retain the original bitcoin name.

>> No.4122976

>>4122877
1) ether already has enough fiat markets to take over if the bitcoin network fails (a very real risk with this fork)
2) exchanges can easily add new ETH/XXX markets if the bitcoin network fails and no one can get confirmations anymore
3) ethereum processes over 500k transaction a day with fees only a few cents (and still has plenty of room to send many more)
4) bitcoin can only manage about 300k transactions a day, is max'd out, and it costs $5 to send $20
5) all the bitcoin dev teams despise each other and refuse to work together to fix the broken network
6) due to #5, this causes new hard fork after hard fork even though bitcoiners claim that "hard forks are evil"
7) because of all the hard forks, market confidence will plummet and bitcoin's title of being "totally immutable" is already completely gone because they just do another fork when they fuck everything up

I could keep going but you aren't worth the time

>> No.4122999

>>4122967
>make something not bitcoin
>call it bitcoin

sasuga

>> No.4123009

>>4122844
they would likely do OTC transactions (private sales) so you wouldn't be able to see the volume on any exchange

>> No.4123126

>>4122967
Yeah well I would wager that whatever keeps bitcoin name wins out between the two or three or whatever just on that alone, but if it all destroys itself there's a good chance the rest of crypto follows
>>4122976
Fact is none of this has mattered this year, but this time ETH as well as the rest weren't pulled up with the BTC, if they don't get crushed it's fine, but if they get hammered back down by a dying bitcoin we may have a long time before seeing new ATHs on anything, buy the dip I guess.

>> No.4123165

How can 2x have 80% hashrate WHEN IT ISN'T EVEN OUT YET YOU FUCKING NONGBEATER

>> No.4123189

>>4123165
He's clearly talking about signalling

>> No.4123203

>>4122204
This

I have 81 bitcoin and 81 bitcoin cash

I will sell my bcash to buy bitcoin before the fork and sell 2x directly after the fork.

>> No.4123207

>>4123203
Is it even possible to sell 2x without risking your BTC?

>> No.4123222

>>4123207
Good point, Ill hold onto it until someone else tests that replay protection method I heard about.

>> No.4123230

>>4123207
uh, just send your btc to a different wallet first before moving your 2x coins?

>> No.4123240

>>4118650
it has one developer. that one developer has left to make an ICO.

you anti corecucks have no idea wtf is going on. you just latched onto a buzzword and a shilling a dead narrative. have fun.

>> No.4123256

So I'm a little lost. Can someone give me a quick rundown?

>> No.4123271

>>4123207
yes
>>4123230
good fucking luck.

>> No.4123279

>>4123256
check 2x's github and ignore these threads

>> No.4123292
File: 28 KB, 385x385, 1508547794868.jpg [View same] [iqdb] [saucenao] [google]
4123292

>>4123222
>he has 81 BTC and just forgets his chains don't have replay protection
I can't wait for the pink wojaks

>> No.4123312

>>4123292
I would never post a pink wojak, my basis is $4

I've taken comfortable profits.

>> No.4123483

why are they continuing with 2x when it was only there to stop a hard fork ? (bch)

>> No.4123497

>>4123483
the jew cries out in pain as he forks you.

>> No.4123694

>>4122933
100% of my money is in Bitcoin Cash, i'm not the least bit worried, BCH will be king sooner or later, it is literally inevitable.

You simply can't compete against instant transactions that cost a fraction of a cent.

>> No.4123859

>>4123694
Jihan's bagholders everyone

>> No.4123932

>>4123859
>bagholders
up 40% in a week

>> No.4123963

>>4123694
I don't really like BCH but I bought $5k just incase the flipping happens. Would make 10x gains most likely. Plus when it eventually gets listed on gdax/coinbase you are pretty much guaranteed some good gains.

>> No.4124012

>>4123932
>Down 75% since August against it's main competitor

>> No.4124052

>>4124012
3 months old
4th largest market cap
3rd largest monthly volume
low fees
fast confirmations

>> No.4124075

>>4119361
This isn't bcash, neither of these new chains have regular difficulty adjustments. bcash had a new piece of software that coded in a emergency difficulty adjustment (EDA) that would trigger in a couple of blocks if a large amount of hashpower left the chain. Neither of these new chains have this. Both of these new chains change difficulty every 2016 blocks (~21 days if the hashpower stays the same). If the hashpower drops to 20% of what it was, the difficulty doesn't adjust instantly, it still takes 2016 blocks, but this time they take 5x as long to mine, so 105 days instead of 21. This means 5x less transactions being confirmed, and everyone fighting to get into that 1 block every 75 minutes. This kills 1 chain, or maybe even both chains if the hashrate goes 50/50

>> No.4124124

>>4124052
Down 75% versus btc in three months.
That must fucking sting like shit.

>> No.4124146

>>4124124
you're obviously one of those guys that buys high and sells low

>> No.4124165

>>4124146
I'm one of those guys who doesn't buy shitcoins controlled by subhumans that fuck with the EDA to make it worth mining for a day.
But that's just me.

>> No.4124188
File: 9 KB, 251x201, 46546548484184.jpg [View same] [iqdb] [saucenao] [google]
4124188

>>4118784
satoshi abandoned this ship on day 1

>> No.4124419

>>4122565
What he meant to say was chainlink.

>> No.4125107

>>4124012

I bought all my Bitcoin (cash) at $175-200, try again corecuck

>> No.4125910

I'm going to disperse my BTC portfolio into ETH and alts before the fork, like the other anon ITT will do. But, fuck me if it's an another elaborate ruse. If Bitcoin will suddenly rise to $8k and above, I'm going to be mad.

>> No.4126606

>>4125107

Doesn't change the fact that the market has decided it is worth no more than 8% of btc after being valued 30% at the fork.
Even shitcoins like neo have had an uptick after crashing a similar amount. Doesn't make it any less a worthless shitcoin. Loving the fact that I dumped mine for 3x what it's worth now.

>> No.4126660

>>4126606
Wait, you've already sold your 2x? how?

>> No.4126668
File: 1.97 MB, 2504x1669, summerfags.jpg [View same] [iqdb] [saucenao] [google]
4126668

>>b-but Bitcoin Unlimited has so much hashrate!!!

>>4118779
It's not about Core you dumb fuck. There are whales worth billions that don't support Core, but the don't support any hardfork whatsoever.
Shitwit2x is going to get dumped and miners that don't mine the real Bitcoin will go bankrupt. Simple as that.

Lurk more.

>> No.4126705

>>4118650
>11/16 everyone gets their free shit coins
>everyone sells them coz free money
>prices drop like hell
>bitcoin take 10%
>2 days later bitcoin takes a 20% pump
>no one talks about 2x anymore
>it sinks slowly and deeply to the last page of the chart, like bitcoin crash and shitcoin gold, and like all the future hard fork, because hardforking bitcoin is plain fucking retarded
>almost forgot, normies losts tons of money because no replay protection, prices drops even faster
>tldr fuck 2x it's bullshit

>> No.4126715
File: 101 KB, 1038x866, satoshi_Bu.png [View same] [iqdb] [saucenao] [google]
4126715

>>4119250
>fake nodes
Remember how well did that go for XT, Classic, Unlimited, BCrash...

>> No.4126733

S2X is a product of greed, not a desire for true innovation.

>> No.4126753

>>4118650
It's futures are traded at 0.15 BTC.

>> No.4126771

>>4119834

You are indeed a dumb ass normie that doesn't understand bitcoin and doesn't deserve to keep getting from it. Please do sell for ((VisaCoin)).

>> No.4126774

Literally everything depends on coinbase's decision. If they label it not as btc, then nothing will change.

>> No.4126794

>>4119368
This argument is so fucking stupid I can't believe it exists.
>LETS JUST SAY FUCK IT TO A SCALING SOLUTION SO THE NORMIES DON'T GET MAD AND LEAVE :^)))

>> No.4126813

>>4118650
Controlled by jews.
No faith in its stability.
Will probably drop the 21millions supply limit in favour of unlimited printing.

I'll hold on mine in case, though.

>> No.4126861

brainlet here
I have no fucking clue whats going on
can I just hodl my bitcoin and bitcoin cash and hope for the best?

>> No.4126869

>>4126861
sell your bitcoin cash and hold bitcoin

>> No.4126892

>>4126869
This get as much s1x and s2x as you possibly can

>> No.4126921

>>4126715
Sssh, people don't like the truth in this board. How can they talk about "muh satoshi's vision" when you show evidence that he is against any forks of BTC?

>> No.4126960

>>4118650
>Segwit2x
unnecessary kludge trickery placed over bitcoin.
its fucking abomination.

In reality bitcoin just need bigger blocks and lower transaction fees ... thats all.

>> No.4127035
File: 238 KB, 1324x759, blocksize.jpg [View same] [iqdb] [saucenao] [google]
4127035

>>4126960
No it fucking doesn't, because 3 months from the month increase you would have spammers filling the blocks and demanding bigger blocks so only (((corporations))) can run nodes.

Sorry, bitcoin is not for you poorfags. It's for rich people to hold and transact in a decentralized network (when needed).

>> No.4127051

>>4127035
A spam attack would just fill a backlog. Would have 0 effect on usability, unless they're paying standard fees for their transactions.

>> No.4127084

>>4126869

Disregard this moron, your bitcoin cash is the only functioning decentralized blockchain with a market cap over $1 billion.

It is quite literally the only bitcoin as a matter of fact, segwit removes the transaction data from the block which means they're opening the gate to a fiat crypto where they can print segwitcoins willy nilly.

>> No.4127109
File: 116 KB, 1200x675, big blocker spam attack.jpg [View same] [iqdb] [saucenao] [google]
4127109

>>4127051
Bullshit. How do you think this big blocks narrative has been pushed? Roger Ver + Bitmain have been spamming the network for ages.

>> No.4127115

>>4119451
Fucking this. I can't understand how these S2X idiots can be so short-sightedly and enthusiastically invested in their murder/suicide of Bitcoin

>> No.4127119
File: 154 KB, 800x1200, forkers.jpg [View same] [iqdb] [saucenao] [google]
4127119

>>4127084
>chinkmined big blocks crap developed by idiots
Go to bed, Roger.

>> No.4127129

>>4127109
mar-may was the biggest bullrun crypto has even gone on.

>> No.4127140

>>4118650
>sell S2X coins for 1k$ each
>buy S1X coins (current BTC) thanks to free "gains from fork"
>S1X dies, S2X replaces it making S1X coins worthless
>WTF?!
>retards buy back S2X coins they previously sold for 5x previous price
Can't wait for it.

>> No.4127151

>>4122568
I agree with the 3 first statements

but you cant forget that the most important thing about bitcoin is the normies
its sad but its true, they can and will put a lot of money on it
it doesnt even matter what is better, btc or b2x,
what matters is what will exchanges call 'bitcoin' and sell to normies

>> No.4127158

>>4127119

Why did you even bother replying? You have no rebuttal because you know I'm right. Kill yourself.

>> No.4127187

>>4118784
satoshi is NSA, and they will let it flow for decades. Trust me, im a reptile.

>> No.4127226

>>4127035
year ago transactions was cheaper... and there was no attacks that was significant enough to kill btc.

look what Vitalic done to eth.... cheap transactions that are 50+ times cheaper than before. network is still working perfectly.

>> No.4127241

>>4127084
>segwit removes the transaction data from the block which means they're opening the gate to a fiat crypto where they can print segwitcoins willy nilly.
this is worst part of segwit.

>> No.4127300

>>4119007

Because that's how our market works...

You realize GDP is a measure of all transactions right? Less transactions = less GDP. Faster, more efficient, and more plentiful transactions = higher GDP.

BTC acts like the S&P 500 index.

BTX will act like cash.

Only being deflationary, its value will go up over time rather than down. That paired with higher volumes from more efficient transactions = BTX is going to be what ends up popping the mainstream bubble because it will be what gets implemented for IRL payments. When its implemented at that level we're talking about market cap that we haven't even seen yet.

>> No.4127324

https://www.youtube.com/watch?v=b4cd8J0nuKw&t=67m44s

The day 80% of hashpower leaves to mine a chain at a loss new miners come in. Hashpower is not finite. Btc at 6k makes mining portable almost anywhere. It’s stupid to think hashpower exists in some either or vacuum.

>> No.4127329

>>4119176

Yup. Blocks being mined already takes a ludicrous amount of time. Now imagine how fucking long it'll take if 80% of that power gets shifted to a new chain.

>> No.4127330

>>4126921
/biz/ is the best place to discuss and uncensored

>> No.4127344
File: 52 KB, 503x519, 1508837154386.jpg [View same] [iqdb] [saucenao] [google]
4127344

Anybody who seriously thinks "80% miners" will chose something that bring them less money out of ideology is just severely deluded and mentally challenged. Grow up kiddos, some pajeet shilled you random numbers like "80%" and words like "no replay protection" which are used as a meme now and you throw them around like an absolute truth.

Nothing will happen to BTC yet again except for some correction after an immense bull run. Cycle repeats. Absolutely like every fucking other time for the 3849743th time in a row after generic FUD/hardfork drama in 8 years. Giving in to the coordinated FUD and misinformation will make you cry after the 483943th fork drama (again). But well, most of you morons weren't even like 10 years old in 2008/09 anyway, so you probably have the foresight of an ant.

>"BUT THIS TIME IT IS DIFFERENT!!!11"

Sure, buddy. Never heard that. Always different. Always the same.

>> No.4127390

>>4119593

A giant chunk of the market will be interested. Flipping alts is how you increase your position in this game. Unless you're just sitting there dumping fiat into BTC on the dips, you need to be playing the game if you want to acquire more BTC.

Fall has been a spooky time for alts, but there's going to be some sweet alt Christmas presents IMO.

>> No.4127430

>>4127344
truth.
there will only be one true bitcoin and that will always be the current BTC and not a fork.

bitcoin cash is an altcoin.
bitcoin gold is an altcoin.
bitcoin2x will be an altcoin.

>> No.4127560

> he thinks he understands bitcoin better than Andreas antonopulous and trace Mayer

Keep buying those b2x futures then

>> No.4127609

>>4118961
And why the fuck exactly would doubling the transaction capacity tank bitcoin?

>> No.4127642

If you legitimately want to understand and are not just trolling listen to let’s talk bitcoin episode 346 that just came out.

>> No.4127865

>>4123203
Imagine the pink wojaks if you sell 2x and it ends up winning

>> No.4128041

can't wait for coinbase to list BCH tomorrow

>> No.4128099

It's amazing how much drama there is over what is at the end of the day a minor network upgrade.

Personally I hope 2x goes through so I can see all those NO2X camohat fags on twitter have a melt down.

>> No.4128261

you normie bitcoin followers need to get educated. blindly following the banker coin is not cool.

https://youtu.be/Fb-loijcjKU

>> No.4128273

>>4118650
chinks are going to crash bitcoin with no survivors

>> No.4128595

>>4118650
THIS is how Segwit2x fails:
https://www.youtube.com/watch?time_continue=4064&v=b4cd8J0nuKw

>> No.4128632

>>4128595
https://youtu.be/b4cd8J0nuKw?t=4064

Start video at 1:07:44 mark

>> No.4128696

>>4128099
Maybe in a wet dream, brah.
You're going to find the reality to be much saltier.

>> No.4128998

>>4122707
You didn't even understand what I wrote mate but thanks for contributing