Bip91 is rising by the minute

>>2808691
Anyone with a brain just used the aug 1st meme to fud the shit out of bitcoin for a cheap buy in.

Holy shit are we really about to see a massive bull run to $50,000?

>>2808691
you thought something was going to happen aug first? the first date is july 22

>>2808712
It's just the date that gets thrown around. I work a day job and am not a neet or a whale so my info is only so up to date...sorry for not being "cool".

What does this mean? Safe to hold your shit in alts or sell all to go into btc?

>>2808742
Well if it reaches 80% then its set...honestly after 51% it's pretty much a done deal. At that point BTC will most likely rocket upwards.

>>2808742
Sorry I am a cunt and forgot to post a link so you can check its progress.

https://www.xbt.eu/

>>2808723
well i understand i do also work. but as a whale i have to keep my money on lock. i research shit you know like read stuff. but anyways it was all fear to scare all the newfags they werre hoping it would go down to 1800 and for a min i though that might happen

>>2808757
Cunt

>>2808764
Yes a hairy one.

>>2808775
Knew it.

>>2808762
Yeah I try, but at the end of the day I'm just a tourist (cunt).

File: doesnt get it.jpg (44KB, 441x306px) Image search: [Google]

44KB, 441x306px

>>2808691
so as a nocoiner, i buy now?

WHAT WILL HAPPEN TO LTC?

why would it crash/tank?

>>2808815
You were supposed to buy yesterday but might have another chance on Sunday

>>2808691
LOL I've been seeing people unironically post about segwit2x actually for the past week, incredible really

>>2808862
*actually happening

>>2808832
Well most of the rise on LTC (for me at least) was due to the speculation that BTC would fork around August 1st. So I imagine others were persuaded by this reasoning and invested in LTC until after the perceived turmoil of a BTC fork happening. But if this Bip91 wins out then no fork happens and anyone who jumped into LTC might abandon ship knowing BTC is going to adjust upwards (2200-3000+). If that happens then LTC would probably loose out as there is no longer reason to use it as a hedge.

File: sweaty dog.gif (3MB, 300x169px) Image search: [Google]

3MB, 300x169px

>>2808851
what if BIP91 approaches 50%?

pls respond

>>2808862
Dude I just buy the market not the tech. If it gains momentum then for me it becomes less of a stable investment to be in LTC. I still have about $1k left in LTC but have moved most of it out...weak hands whatever I know.

>>2808878
You have a point. Although if btc goes up, traders and investors will want to put some money in alts too. Also ltc is still called the "sliver" of crypto.
But if btc will be able to have fast transactions now and low fees then there would be no practical point in ltc anymore.

File: 1494729318567.gif (1MB, 540x303px) Image search: [Google]

1MB, 540x303px

OP, could you explain what each of these means to people like me? As if we were 5 years old?

File: sscoh.gif (1MB, 360x202px) Image search: [Google]

1MB, 360x202px

>>2808905
>silver of crypto

>>2808923
buy btc

>>2808905
The game is always rigged in BTC's favor..because most whales don't want fiat they want more BTC. I know it sounds stupid but it took me time to resolve this in my mind. Very few of them care about how fast or better any new product is. Alts are just a means to acquire more BTC for them. I'm sure you're aware of this but maybe others aren't. Right now there is no reason to supplant BTC with anything better in their minds. I mean think about it this way...would you want something better to come along and displace your giant horde of BTC with something better?

File: 1495403821861.png (25KB, 669x514px) Image search: [Google]

25KB, 669x514px

>>2808905
>buy btc
>put btc into alts as btc climbs 300-400 dollars

>>2808923
you balls deep in BTC you stupid fuck

File: 1499944438400.jpg (99KB, 970x990px) Image search: [Google]

99KB, 970x990px

G-guys I don't want to sell my LTC yet. Any chance it hits the previous ATH of 60$ ?

I bought in at below 30$ so I'm not selling at a loss, but LTC deserves to be higher than it is now.

>>2808974
>btc ripoff with upgrades
>btc gets upgraded
>it deserves to be higher

>>2808923
Essentially you have four different BTC horses (or more) in the race. One has taken the lead where before there was uncertainty and a possible four way tie that would lead to turmoil. The race was to end August 1st (or July 22nd according to the other poster) but now it is looking like one is winning out more than the other. So now people are betting on that horse...at the end of the race one flavor of BTC will win and its looking at this moment to be Bip91. So any hedges people had outside of the race will come back into the race since a winner appears to be coming in the lead.

>>2808983
>btc ripoff
basically every coin. What's your point
With all these new exchanges adding litecoin to fiat conversion, and more and more businesses accepting it, it seems to me that Litecoin deserves at least a 4-5billon dollar cap.

>>2808992
back to 1 dollar with you

>>2808974
OooOOOooO 30% profit!
Sorry mate, ltc isn't going to $120 anytime soon.
Alt-coins will easily tripple, and btc probably too.
LTC, well, theres' really not much of a use in it.
I love LTC, btc is dogshit, but with BTC upgrades LTC is no longer really any better. It's just less supported.

That's no fun.
Then on top of that it has no other real advantage over other coins. Charlie hyped it as well as FUD in BTC.
Now, well, it has no real place.

>>2809033
Gonna wait a little bit tbqh before I sell, /biz/ is always wrong after all.

>>2809077
Yeah this is why I have about $1k still in. I hate speculating and am more of a HODL fag but this issue kinda made me have to adjust.

>>2808712
July 21 should be the final version release of Segwit2x, right?

At any rate, we should see a steady up tick as promised pools switch over.

If a pool backs out though or really stalls...get nervous. Support for Segwit2x does seem to be so universal that it would probably take coordination by multiple pools to break their agreements to keep support below threshold.

File: IMG_2276.jpg (67KB, 960x928px) Image search: [Google]

67KB, 960x928px

someone please explain to a brainlet what i should do

gas all my alts and cold store BTC?

>>2808905
> silver of crypto

no one actually believes that except ltc fanboys

>>2809129
go hard into BTC. dip is over. next stop: moon

1. BTC's fees won't change due to BIP91, fees will still be high. This is why LTC is needed as the transaction fees are much lower. Even Charlie supports core+bip91.

2. LTC has a 2.5 minute block time, it's still not good enough for speedy transactions which is why lightning network was created which takes 1 second or less.


Unless LN gets implemented on Bitcoin after segwit and is adopted by those who accept BTC... LTC will still be better.

What's the difference between each proposal?

How does BIP91, SegWit and BU are different from one another?

WTF happens if BIP wins? no fork?

I just dumped all my LTC for BTC, I'm not even joking

>>2809148
> BIP Wins

you'll have to sell

>>2808691
where does this image come from

>>2809153
why

>>2809155
segwit will get approved tonight fucking buy now

https://www.xbt.eu/

>>2809163
ty

>>2809155
>screenshot-www.xbt.eu 2017-07-17 13-39-44.png

one day i wont be here to hold your hand when you forget how to piss, youll need to fend for yourself you braindead slob

>>2809163
But BIP91 is much higher than SegWit on the graph.

last 9 blocks have been bip91 we are at 40.3 percent 80 percent needed to be accepeted

File: 1500233766349.jpg (113KB, 1280x720px) Image search: [Google]

113KB, 1280x720px

>>2809171
someone will spoonfeed me

>>2809174
BIP91 is SegWit2x. The first part of BIP91 implements with Segwit coming online, then a 2MB hardfork 90 days later.

>>2809174
>y i wont be here to hold y
bip91 is segwit but will a node that stats that after 80 percent any block that does not run bip91 will not work the block will be dismissed. this is why there will be no hard fork. segwit will create a hard fork bip91 is segwit with no hard fork

>>2808974
can you stop posting such scary images? this is a blue board

File: Screenshot 2017-07-17 at 6.03.25 PM.png (23KB, 862x202px) Image search: [Google]

23KB, 862x202px

>>2809155

https://www.xbt.eu/
https://coin.dance/blocks


Which will it be bip91 or segwit2x or both? so confused

>>2809185
so realistically why are there 24% signalling "SegWit" then

>>2809209
segwit is dead bip91 will be approved tonight

f2pool still voting for sw tho but i think they are just late to the game due to this happening 4 hours ago

>>2809231
but they did mine a empty block so fuck them

how can the 80% consensus be reached if 25% are signalling bitcoin unlimited

File: Screenshot 2017-07-17 at 6.09.34 PM.png (22KB, 581x127px) Image search: [Google]

22KB, 581x127px

Can't Jihan just be messing with you guys?

>>2809256
I hate this chink

File: Screenshot 2017-07-17 at 6.11.06 PM.png (20KB, 570x102px) Image search: [Google]

20KB, 570x102px

>>2809256

>>2809209
BIP91 is Segwit2x.

Before the miners were signalling they would signal Segwit2x when it was released. Now it's been released they're starting to signal the real thing.

>>2809256
tazo can rot in hell fucking jew/chich

>>2809256
so can you explain why Antpool is signalling BIP91?
I thought they wanted BU

I am so confused about this whole thing...

>>2808691
where is that chart come from?

jesus christ haha

>>2809327

https://www.xbt.eu/

>>2809327
>>2809209

>>2809327
it has been posted 7 times in this thread i wont post it again

>>2809296
They did want BU, but they decided getting some scaling accomplished was more urgent and Segwit2x was able to get broad support. That's why they signed the NY agreement.


My guess is that they'll continue signalling for BU post Segwit2x- so they'll try to get future block-size increases to be accomplished dynamically rather than through hard forks.

>>2809345
I was under the impression that SegWit makes the ASIC boost hardware obsolete or something?

why would they want that... since they are the creators and biggest users...

File: 1498745854777.png (32KB, 300x300px) Image search: [Google]

32KB, 300x300px

So BIP91 is up to 42% now

What happens when it hits 80% ? Does a fundamental change occur ? Could it drop again after it reaches 80% ?

>>2809375
at 80 percent bip91 is locked and anyone not runing bip91 programs will be regected

>>2809357
Because else Bitcoin dies and thier massive investment goes to waste.

You pretty much have ETH to thank for this, if it wasn't for that flippening bullshit the miners would never be this keen to get a scaling resolution.

>>2808691
link to website

>>2809395
>>2809209

>>2809393
ok true

What will happen to altcoins other than LTC? Will they increase because they go through BTC to get to fiat or go down?

>>2809407
eth altcoins will allways be shit just remember that

File: 1487063812635.gif (2MB, 250x250px) Image search: [Google]

2MB, 250x250px

>>2809411
D-DELETE THIS

>mfw holding 10k in shitcoins (CFI SAN SNT)

>>2809393
are you unironically bitching about competition

>>2809393
so why are there still people signalling "SegWit"

>>2809459
can we reliably expect those 23% of segwit supporters to switch to BIP91

>>2809459
still early in china?

>>2809457
No I'm saying it was a good thing.

>>2808905
>Low fees

That's where you're wrong kiddo, the miners aren't going to give up their bread and butter. So even if LTC and BTC are equally fast, transacting in litecoin will still be cheaper.

>>2808701
Duh. I shorted it all the way to the bottom. Only missed the complete bottom by $50. I has more Bitcoins.

>>2809465
about 90% of the hashrate signalled that they would signal BIP91 when released.

>>2809481
T-thanks dad.

>>2809481

and you'll be able to switch to ltc from btc fast with lightning network...enabling you to purchase shit on the fly

we are at 45 percent for anyone saying this will will not happen in a coupe of hours is stupid. we will get segwit tonight

7am china time

45% now GG WP

(will buy more in the next days for moon mission)

File: takbir.jpg (15KB, 417x515px) Image search: [Google]

15KB, 417x515px

shits acceleratin yo

File: 1500211322380.jpg (126KB, 1092x726px) Image search: [Google]

126KB, 1092x726px

LTC seems to be relatively stable compared to the dollar so far. Assuming BTC moons hard, and LTC falls to like 0.016 or something, LTC holders will still have profited by the end of this

Dumped my ltc and went into btc, but keeping my other alts (ANT, ARK, RDD) where they are

File: jihan.gif (107KB, 233x300px) Image search: [Google]

107KB, 233x300px

This seems too good to be true.

What's up his sleeve?

File: 1439873305194.png (82KB, 239x229px) Image search: [Google]

82KB, 239x229px

its still going

>>2809690
he's gonna stop signaling and short btc, it starts to dip to hell, he gets richer, is it really that hard to see it coming?

File: 1497903737001.png (69KB, 328x277px) Image search: [Google]

69KB, 328x277px

Fuk. Ltc why.

>>2809690
teleports behind Jihan, heh nothing personal kid

>>2809705
fuck your mother if you want to fuck

>>2809654
This is the worst logic.

>>2809809
thread theme
https://youtu.be/MmTiqKPnhiQ

File: fuckyourmother.jpg (67KB, 1207x804px) Image search: [Google]

67KB, 1207x804px

>>2809809

>>2809820
Why

>>2809939
He's probably not a HODL fag...but kudos to you if you were in when LTC was sub $30.

Pity, could only buy €2000 at the dip, didn't have more in my account at the time.

>>2809954
Deciding or not to sell now is so fucking stressful. It's 3AM here and I'm tired, I'm afraid I will wake up, BIP91 will be above 80% and LTC will be below 40$.

>>2810007

you're an idiot if you're going to take anything said on /biz/ as the truth

>>2808691

Can someone TL;DR this for a crypto newfag?

What is BIP91 vs Segwit vs BU etc?

>>2810166
Holy fuck, go on Youtube

>>2808992
it's a good point
everything other than bitcoin is only worth to buy if you want to pump and dump for profit
if you're mining then convert everything into btc
It is and will always be king no matter how "superior" in tech all these stupid madeup shitcoins will be

has there been any official statement from jihan or bitmain about this

>>2810226
Yea it's on the Bitmain twitter.

>>2808712
UASF is happening on August first. It's still being pushed through. It isn't dead.

IF we get bip91, then UASF is dead.

From my understanding BIP91 has to get 80% support within the next two days are segregated witness won't be locked in..

>>2810166
Better sell because your bitcoin will be useless soon

>>2810232
i do not see it

>>2810253
https://twitter.com/BITMAINtech/status/886839997440995328

>>2810007
set a stop loss under fibonacci levels.

and please no hodl meme, we've seen DGB and SC.

>>2810261
whoops thank you

File: 1458095717079.png (566KB, 600x854px) Image search: [Google]

566KB, 600x854px

Like earlier anon asked, sell all alts and store BTC of exchange is best?

Or keep alts and buy more BTC?

>>2810340
Markets don't like uncertainty.

>>2810266
still holding diggy b and the whore sia. gonna expand the collection

>>2808706

Yes

>>2810340
there will be no split so no need to sell your alts unless you hold eth alts then yes you should have sold your alts 2 mouths ago. if you hold bitcoin alts then you should be fine

>>2810424
Can you speakee engrish?

>>2810340
Keep alts, they do what bitcoin does on a multiplier.