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RE: BIP91 Has Locked In! UASF is Dead. Could Bitcoin Hit New ATH?

in #bitcoin7 years ago

Starting in a couple days, miners will start orphaning blocks that aren't signaling for the original version of segwit (bip141). Miners that intend to fork will still signal 141 to avoid being orphaned, but will switch to bitcoin-abc client on Aug 1 to start mining bigger blocks.

Big blockers have at least 50% hashrate and overwhelming economic support from actual bitcoin users: https://vote.bitcoin.com/arguments/the-bitcoin-abc-client-and-big-block-fork-bitcoincash-is-a-better-roadmap-than-both-segwit-and-segwit2x

Segwit coin will fail miserably if it loses 50% hashpower. Either way, make sure you have your coins in a wallet where you'll be able to access BOTH coins in the event of a split.

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I have just upvoted your all post. Please follow me https://steemit.com/@pirbhu

Thanks for your explanation, and yes, my bitcoins are offline and secured! ;-)

Don't see where you are getting 50% of hashpower from. If that were true we would have had scaling already. We will see though.

Half of all miners are STILL signaling Bitcoin Unlimited and Classic. Why?

Also, why are both Bitcoin Unlimited and Classic spending time and money to develop clients that will fork off with Bitcoin-ABC on Aug 1?

Did you think Jihan and Roger just changed their minds about Segwit? What gave you that idea?

Where is that information from?

signaling? You can look on the blockchain.

Exactly and I don't see it.

Half of all miners are still signaling Bitcoin Unlimited and Classic. Why?

Where are you seeing this? Do you have a website link?

BitcoinCash fork already trading at numbers that put it over a billion market cap - and it hasn't even forked yet!

https://steemit.com/bitcoin/@ancap47/bitcoin-hf-coin-already-has-started-trading-against-cny-on-viabtc-exchange

Keep in mind, some larger exchanges may not give you both coins such as Coinbase.

According to Coinbase, they will not be allowing customers access to any Bitcoin Cash. So if you have 10 BTC on Coinbase, they will steal your 10 Bitcoin Cash.