can someone redpill me on the august 1st thing?

(((core))) vs chinks unlimited. both have their own motives - $$$$$$$$

>Can someone spoon feed me?

Do you own research like every other fag on this board, holy shit

that's not what redpill me means

>>2671154
Pretty much this

>>2671146
Bitcoin scaling debate. Will the consensus be soft fork on the same chain or a hard fork to new chain? A hard fork would be how etc came from eth. ETC is the original ethereum blockchain, ETH is the chain that came from the hard fork and restored most of the stolen DAO funds. As you can see a hard fork doesn't necessarily mean something bad will happen. At the moment miners have an over 80% consensus for Segwit2x which isn't the same as the Segwit proposal. Segwit2x would actually require a hard fork and it's currently looks like that will happen. Hard to know though.

>>2671183
both likely sceanrios are soft forks, one is just miner activated and the other is user activated

Roger "Soros" Ver + Jihad Wu + PsyOPS Craig Wright + CIA agent Gavin Andresen want to raise the blocksize so people can't run full nodes.

>>2671167
this

looks like we're experiencing the /biz intelligence crash of 2017

>>2671194
how much will the costs increase?

Core is completely open source, not some jewish conspiracy, you pol retards. If you were smart you could contribute to core today, but of course that thought is just silly.

>>2671183
There will be no hardfork. As you should know, if a hardfork happens, people get the same amount of coins on both chains. No bitcoin OG whale supports a hardfork. Mircea Popescu alone is powerful enough to crush any attempts of a hardfork by dumping 1 billion dollars worth of BTC on the forked chain. Roger and co will soon go bankrupt if they are stupid enough to hardfork.

File: pasthun.png (1MB, 1151x768px) Image search: [Google]

1MB, 1151x768px

>>2671146
This discussion goes since 2014. Core had traken over bitcoin refence client, main core devs are paid by AXA. They refuse to increase the blocksize, instead a segwit is pushed by them. Etc.

>>2671194
>Jihad Wu

In your opinion, who's a bigger scammer mongrel degen, Puterin or Jihad?

Can we draw parallels between those two idiots as "Jobs vs Gates" aka leeching unoriginal sociopath faggots who were allowed to get away with stealing other peoples smarts and efforts?

>>2671191
Segwit2x is actually a different third proposal that would, it would require a hard fork from my understanding and postpone the August 1st date to November 18th if everything goes as scheduled.

https://medium.com/@jimmysong/segwit2x-what-you-need-to-know-about-the-2mb-hard-fork-27749e1544ce

>>2671215
They will start with 2MB, then they will quickly go to 8, which is pretty much game over already for regular people to run nodes. They want to take away the power of running full nodes.

http://bitsonline.com/craig-wright-threatens-bitcoin/

Do some research on Craig Wright. You are witnessing pure cold war for the control of the future global money supply.

>>2671222
a hardfork is nothing terrible if planned carefully. See monero.

>>2671237
>regular people to run nodes

Please explain what does "regular people running nodes" mean, in practical terms.

File: 1474318162880.jpg (68KB, 699x485px) Image search: [Google]

68KB, 699x485px

>>2671217
>Core is completely open source, not some jewish conspiracy,
>>2671228
>main core devs are paid by AXA. They refuse to increase the blocksize, instead a segwit is pushed by them

How do I ensure I get both coins if it happens? Which wallet specifically do I need?

>>2671228
"Core" is a decentralized group of people. "Core" can't increase the blocksize you dumb cuck, this is not central banking. A hardfork requires 100% consensus or else is trash.
Go back to /r/btc.

>>2671191
The question at hand was asking about August 1st. Both bip 148 and segwit2x will cause a soft fork around August 1st to activate segwit. Segwit2x locks in a hard fork in November as well, but there is plenty of time between august and November to amend that plan (another UASF, for example). We can safely say right now we are getting a SF ~Aug. 1st (UA or MA, not sure, but likely MA) and then we will have a blocksize debate after that occurs

>>2671222
Look I follow MP and read Trilemma daily. I agree he could probably crush the hard fork attempts. But Segwit2x as I understand it will require a hard fork. https://medium.com/@jimmysong/segwit2x-what-you-need-to-know-about-the-2mb-hard-fork-27749e1544ce

>>2671237
How much more will it cost?

>>2671261
>"Core" is a decentralized group of people. "Core" can't increase the blocksize you dumb cuck, this is not central banking. A hardfork requires 100% consensus or else is trash.
>Go back to /r/btc.

acid much? Junkie

>>2671240
>monero
Nobody gives a shit about altcoins. Let's see how well monero hardforks once it's as relevant as BTC.

Look at the ETH/ETC clusterfuck for reference.


>>2671256
https://www.youtube.com/watch?v=fNk7nYxTOyQ

>>2671158
t. doesn't know what it means

>>2671317
>Let's see how well monero hardforks once it's as relevant as BTC
btc could had a HF back in 2015, yet it was delayed by core.
I have no idea why miners are sleeping. They equipment will be useless once majority of transactions is offchain.

>>2671268
Let's see if miners still want to mine on a chain that has a collapsing price.

>>2671367
Lightning Network transactions need to be mined too dummy.

Also research shown that 2MB wasn't safe, simple as that. After segwit it wasn't needed.

A see a proper HF in the future that contains more stuff than just 1MB increase.

>>2671399
I'm right there with you.

File: 1498750967319.jpg (17KB, 333x470px) Image search: [Google]

17KB, 333x470px

>>2671183
so if they make a bitcoin plus and bitcoin classic which ones the better investment?

Enough of this nerd talk.
what should I buy/hold?

>>2671146
Noob here. How can I take advantage of August 1st events?

>>2671642
buy high sell low

>>2671627
Litecoin

>>2671627
Ive been saying this for a long time. LTC is way undervalued and has its shit together

>>2671627
Btc if it forks, so you double your money

>>2672788
>>2672811
when BTC forks and segwit happens, won't LTC die? >>2672835