I'm getting a little tired of all this segwit fork talk and drama. Spoons, forks, plates, and all types of tableware. Can we get back to the Mega Bull run?
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Bitcoin needs to Safe all the Drama for the babies Mama.. lol
hope the market not going crazy after the decision
Doesnt really require drama for the babies mama bro.
lol heard what McAfree said??...
Segwit fork is just a bit confusing in general. I'm also just looking forward to having a drama free rising market.
This post received a 2.0% upvote from @randowhale thanks to @rockjon! For more information, click here!
76% of miners now support it which means we are moving towards a hard fork. That being said it wont be for sure till August 1st. Expect a good bit of drama in the market and maybe a huge sell off in bitcoin as we get closer to this mark. Of course their will be people who hold that just don't know or believe they will be safe. Stay tuned for some serious swings here
That's a lot more than a 40% figure I heard before but apparently in order to avoid a split in the block chain the hard fork has to be deployed across all nodes at the exact same time - which is pretty much impossible. Mm
The entire segwit situation is just....so old by now, so many people are confused, and its just causing the market to swing violently in all directions
does anyone have a time machine that can take me to august 2nd?
I wouldn't mind a bull run.
Only a matter of time.....
from giphy.com
...and it happened today. Wow, wasn't expecting so soon!
Yeah me too. SegWit is not a blocksize increase and has a plethora of problems of its own.
In short, SegWit can flip the incentives for some (bandwidth restricted) miners such that they benefit from not downloading or verifying the transaction signatures. For a user, this causes a SegWit transaction to be less secure than a non-segwit one. A non-SegWit transaction is secure with the assumption that no attack is able to obtain more than 51% of the network hashrate. With SegWit, this becomes 51% - (percent of miners with flipped incentives).
If 20% of miners end up in a situation where they are not downloading signatures because it is more profitable for them not to, a 31% miner can attack the network effectively. Security becomes 51% - X.
The bigger problem is that it is very hard to estimate the proportion of miners with this flip in incentives before their portion grows too large and an attack occurs. This basically means that SegWit transactions will always be less secure than normal Bitcoin P2PKH transactions. Even if just by the smallest bit, this is what fundamentally breaks the fungibility of Bitcoin.
https://steemit.com/bitcoin/@kyle.anderson/fork-christ-s-sake-bitcoin-is-going-to-fork-is-segwit-bitcoin-whose-side-should-i-be-on
Mega Bull run - yes we are getting back to it ...
I'm glad I did some shopping for my favorite crypto coins and I do expect 3x return ( at least )
Waiting for McAfee to eat your dick.
bro what are the chances of btc price up or down from now???
Nice one mate~ Sure thing about time for cryptos to moon! Love your videos and thanks for introducing me to Steemit along with @jerrybanfield & @crypt0.
If not for you guys i would not be here or even know such a community exist!
Cheers mate and hope to see you around too! :)
Yeah thats why one of my favorite crypto youtubers tells everyone he trades charts and not news.
"Go in KNOWING that it's a scam, so that you'll be able to relax" LMFAO
Lol at spoons, forks, plates tableware. There will be no hard fork as BIP 91 has reached the needed 80% miners approval, bull run in a bit.
@trevonjb lol! Pounding that mother!
miners signaling
hahaahhahah
wtf did I just see that I can't un-see
The miners are playing with everyone
that why we need to break the monopoly by big player we need something like NIMIQ everyone is equal to mining
The more people are panicking and selling i'm buying don't think we'll ever see this "fear opportunity" again :D just relax and buy cheap ^^
i agree. here's one of the best low buy opportunities for bitcoin.
too much cutlery
It seems like there hyping it up in order to entice people to sell. Almost like a dump. and then watch it skyrocket during the first week of august when bitcoin becomes much more stable. Unless this has something to do with preventing bitcoin from being used for illegal activities, in that case it might not climb up that quickly.
Bro you are hilarious. August first will be the new "new" end of the world. Either way were all going to get forked.😂😂😂
lets support NIMIQ bro more fun and no more big corporation monopoly everyone can mining on the desktop . so equal for everyone and i hate monopoly it happen to bitcoin we cant mining anymore only big player can mining and we pay to them to get bitcoin and the bad thing is if the mining is not profitable anymore they terminated our contract
hahaha Good vídeo bro @trevonjb !!
you are amazing brother
good video man
nice post
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Hold um until 2020, cuz uh, that's when I'm gonna sell um, lmfao, ded, 😂🤣💀👻
No, HODL for life
Lol I agree...too much drama!
I can see why this fork is nothing but annoying to you since your no longer a Bitcoin Hodler! Since you went all in on Steem. I'm hodling Bitcoin before the fork incase there is a fork, because then every 1 Bitcoin will become 1 Bitcoin-A and 1 Bitcoin-B, like Ethereum and Ethereum Classic. Then I can Hodl both and see what happens from there.
hi @trevonjb i am new here i don't know how to use steemit .... but your video is nice and interesting... i upvoted and followed you...and i don't know what else to do. Anyways keep bloging.
they are trying to pull people to sell there coins that s all
Enjoyed the video,funny as well.
btc will drop to 2200$ if it will not stay there then willgo to1800$
This video is over an hour, anybody actually watched the whole thing?
Segwit is a solution
Thanks for the vid :)
lets talk more about bitconnect, btw are you familiar with @minnowbooster, their investment plans are similar to bitconnect?
You right, greed gonna get you in the butt LOL!! I am great at being fearless and buying low, but it's hard to get rid of my coins when they are rocketing!
I think that the fork will definitely happen and cause a large dip across all major cryptocurrencies due to all of the FUD caused. Then shortly after August 1, when everyone sees how much quicker Bitcoin transactions are (4x???), it will see a major bull run. I myself am most interested in Litecoin which for some reason is affected by BTC.
Interesting time for sure.
Hard fork will happen but more or less 3 months after Segwit is running. This is what major miner companies have decided in New York in May.
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Resteemed followed all and upvoted
I am an Ethereum holder, and when it forked I almost had a heart attack....
Almost 50% of the population in my area is now starting to plunge into the world of bitcoin.
They began to try his luck in the virtual world.
I once predicted a time bitcoin prices will jump high.
Hopefully my prediction is right.
To all steemit friends who play in bitcoin, please be patient waiting for bitcoin prices to soar.
Do not be influenced by the news is not clear.
@trevonjb thank you for posting.