poloniex is actually saying that if you have bitcoin in your wallet, you can withdrawn those as they are bbitcoin unlimited, this does not sound like an altcoin to me but more like having the same coins twice
this is dangerous it can certainly kill the value on both chain, since people will get coins for free
You don't understand how hard forks work. All these exchanges have defined BTU as an upcoming altcoin (if it happens).
the thing is the community wont split away..
they laughed at blockstreams CTO when he begged the open community to split away.
-snip-
Everyone sane just wants them to fork off to their altcoin so that we can move forward in a more timely manner. Whilst you obviously have theories about Blockstream or whatever, it is very unfortunate that you're
completely ignorant about Jihan Wu and his power trip to take control of the Bitcoin network.
I don't think it will split. BU only serves to not activate Segwit. Miners don't want BU either.
Wrong, Jihan & his cartel want not only BU to activate but to take control of the network.
https://www.reddit.com/r/Bitcoin/comments/601t7u/jihan_wus_messages_after_the_announcement_seem_to/Watch out for wrong or exaggerated translations.
If they have the majority of the PoW, they will fork off. Their coins will be listed as XBU.
They don't need the majority of hashrate to fork off.