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Positive News for Bitcoin Today

Thu Jun 30, 2016 5:35 pm

It looks as if the miners made the smart choice and are moving away from Core. My confidence in Bitcoin is up 400% today, excellent.

Thanks for that, now we can build more businesses that use Bitcoin!!!!!!!!
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Re: Positive News for Bitcoin Today

Thu Jun 30, 2016 5:38 pm

We're going to make fortunes now, thank you, thank you - thank you!!!!!!!

...it just sunk in :)
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zju
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Re: Positive News for Bitcoin Today

Thu Jun 30, 2016 6:42 pm

It looks like a hoax proposal. It's an anonymous posting on a Chinese equivalent of Reddit.
Last edited by zju on Thu Jun 30, 2016 11:05 pm, edited 1 time in total.

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Re: Positive News for Bitcoin Today

Thu Jun 30, 2016 6:48 pm

It looks like a hoax. It's an anonymous posting on a Chinese equivalent of Reddit.
I don't think so.
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Re: Positive News for Bitcoin Today

Thu Jun 30, 2016 7:00 pm

Here's the news in case anyone wants to see it.

http://8btc.com/thread-35645-1-1.html

Not sure if it's a hoax or not. So far it's unconfirmed but hasn't been proven or disproven yet.

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Re: Positive News for Bitcoin Today

Thu Jun 30, 2016 10:29 pm

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Re: Positive News for Bitcoin Today

Thu Jun 30, 2016 10:35 pm

It looks like a hoax. It's an anonymous posting on a Chinese equivalent of Reddit.
Maybe you should read the post. Its impossible to be a hoax because it doesn't make any claims to be written by a miner. Its just a plan. One that has a lot of support, which is the important part.

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zju
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Re: Positive News for Bitcoin Today

Thu Jun 30, 2016 11:04 pm

It looks like a hoax. It's an anonymous posting on a Chinese equivalent of Reddit.
Maybe you should read the post. Its impossible to be a hoax because it doesn't make any claims to be written by a miner. Its just a plan. One that has a lot of support, which is the important part.
I tried reading it. I don't read Chinese and Google translate is not great. After spending more time on it, it looks more like a proposal than anything else. Still, it is not what people are saying it is -- an agreement or announcement.

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Re: Positive News for Bitcoin Today

Fri Jul 01, 2016 12:25 am

As much as I would like for this to be true, I don't think it is.

Take a look at how recent blocks have been voting (re: classic/core), and you will see much less blocks voting for classic by the chinese miners then expected.

Although it is also possible that the miners are not yet mining classic blocks, and are waiting for other pools to join in to support classic, if this is the case then I think it will be a bad idea, because as more entities publicly support classic (and larger blocks overall), it will become less taboo for additional entities to show their support for classic (and larger blocks)
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Re: Positive News for Bitcoin Today

Fri Jul 01, 2016 1:33 am

Sit tight for 30 days and you shall see what happens :)

Most importantly, to everyone in America, have a great long-weekend and cheers to the future!!!!!!!!!!!!!!!!!

Drinkie time :)
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Re: Positive News for Bitcoin Today

Fri Jul 01, 2016 4:18 am

It did went up a little, not sure if this was the reason for it though.
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TomZ
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Re: Positive News for Bitcoin Today

Fri Jul 01, 2016 10:59 am

As much as I would like for this to be true, I don't think it is.

Take a look at how recent blocks have been voting (re: classic/core), and you will see much less blocks voting for classic by the chinese miners then expected.

Although it is also possible that the miners are not yet mining classic blocks, and are waiting for other pools to join in to support classic, if this is the case then I think it will be a bad idea, because as more entities publicly support classic (and larger blocks overall), it will become less taboo for additional entities to show their support for classic (and larger blocks)
I think the proposal said that the HonkKong agreement said two things;
  • * SegWit in April
    * Hardfork 3 months later
Obviously, the SegWit code missed its target, and the miners are annoyed, but not enough to break the "contract".
The proposal said that at the end of July (the implied date for the hardfork) they will start the hardfork. Either the one from Core or the one from Classic.

So it makes sense that nobody is voting for Classic as its just the first of July, not the end of July.

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Re: Positive News for Bitcoin Today

Fri Jul 01, 2016 6:40 pm

As much as I would like for this to be true, I don't think it is.

Take a look at how recent blocks have been voting (re: classic/core), and you will see much less blocks voting for classic by the chinese miners then expected.

Although it is also possible that the miners are not yet mining classic blocks, and are waiting for other pools to join in to support classic, if this is the case then I think it will be a bad idea, because as more entities publicly support classic (and larger blocks overall), it will become less taboo for additional entities to show their support for classic (and larger blocks)
I think the proposal said that the HonkKong agreement said two things;
  • * SegWit in April
    * Hardfork 3 months later
Obviously, the SegWit code missed its target, and the miners are annoyed, but not enough to break the "contract".
The proposal said that at the end of July (the implied date for the hardfork) they will start the hardfork. Either the one from Core or the one from Classic.

So it makes sense that nobody is voting for Classic as its just the first of July, not the end of July.
Core is done, they can't be trusted with anything.

I don't know any business that would take them back, I wouldn't.

They are a bunch of scamming and lying thieves.
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Re: Positive News for Bitcoin Today

Fri Jul 01, 2016 6:42 pm

I would like to know what the hold up is with Bobby Lee of BTCC and joining the other 90% of the miners in agreement to HF through Classic @ 2MB?
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