Bitcoin Is Forking Again

#1

Post by Garbage » Thu, Aug 17, 2017, 8:22 PM UTC

Bitcoin Is Forking Again
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Re: Bitcoin Is Forking Again

#2

Post by atemerev » Thu, Aug 17, 2017, 9:10 PM UTC

I can fork Bitcoin tomorrow. So can anybody else.

The only matter if whether the fork can gather enough traction to have value.

Re: Bitcoin Is Forking Again

#3

Post by sputknick » Thu, Aug 17, 2017, 9:16 PM UTC

atemerev wrote: post #2

I can fork Bitcoin tomorrow. So can anybody else. The only matter if whether the fork can gather enough traction to have value.

I'll start mining atemerevCoin, launch my ICO and become rich. But in all seriousness, you are correct, and I think this is a good thing. If they can't decide what Bitcoin should look like, fork it, launch all three, and we will soon find out which one people want. However in my opinion, Bitcoin is also an evolutionary dead-end, and the future is Ethereum.

Re: Bitcoin Is Forking Again

#4

Post by shp0ngle » Thu, Aug 17, 2017, 9:20 PM UTC

True Satoshi's Vision is finally realized.

Re: Bitcoin Is Forking Again

#5

Post by speakeron » Thu, Aug 17, 2017, 9:21 PM UTC

atemerev wrote: post #2

I can fork Bitcoin tomorrow. So can anybody else. The only matter if whether the fork can gather enough traction to have value.

In particular, whether it can gain enough mining power to survive. Currently, SegWit2x (the fork discussed here) has 92% of miners signalling that they'll support it[1].

The question in this case is whether the original Bitcoin could survive after the fork if this support is maintained.

[1] https://coin.dance/blocks

Re: Bitcoin Is Forking Again

#6

Post by RichardHeart » Thu, Aug 17, 2017, 9:27 PM UTC

More free airdrops please. The last airdrop gave a free 5% to 25% to BTC holders.

Re: Bitcoin Is Forking Again

#7

Post by LASR » Thu, Aug 17, 2017, 9:28 PM UTC

Bitcoin forks into millions of chains in 10 mins. Means absolutely nothing, unless if it is divisive within the mining community.

Business as usual. Move along.

Re: Bitcoin Is Forking Again

#8

Post by kanzure » Thu, Aug 17, 2017, 9:29 PM UTC

recently discussed here:

https://news.ycombinator.com/item?id=15032360

https://news.ycombinator.com/item?id=14924002

https://news.ycombinator.com/item?id=14812445

https://news.ycombinator.com/item?id=14758587

https://news.ycombinator.com/item?id=14788663

https://news.ycombinator.com/item?id=14809259

Re: Bitcoin Is Forking Again

#9

Post by teej » Thu, Aug 17, 2017, 9:31 PM UTC

atemerev wrote: post #2

I can fork Bitcoin tomorrow. So can anybody else. The only matter if whether the fork can gather enough traction to have value.

They report on it because it drives traffic. BCH had major media coverage and I had people with no understanding of cryptocurrency asking me questions about it.

Re: Bitcoin Is Forking Again

#10

Post by Nursie » Thu, Aug 17, 2017, 9:36 PM UTC

Giving more cash to the early adopters and 'investors' again. I suppose it's a neat way to gain some traction - hold BTC, get this for free...