"Please update wallets immediately to avoid losing coins"
I don't understand this part. It's a softfork right?
Are people really losing coins or is it just something to say to make people update?
If that's it, haha pretty creative I guess.
I think it's just hyperbole to get people to update, but maybe miners could get screwed if they don't update?
miners will not be forked off of the network. Segwit uses BIP9 versionbits
Well with wrong code they hard forked their coin the last time.
Everyone had to downgrade.
So I'm asking, is this the Segwit with wrong code & just hardfork because YOLO or is it a cool marketing stunt?
Well after we reach the 75% threshold the new rules will activate and old version blocks will start to be orphaned, so there is a danger of coin loss if you don't upgrade your wallet. This is the release with the correct code.