Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 23/05/2017, 22:18:47 UTC

Does that mean that this announcement is NOT as bullish as anticipated.  So what if all these folks agree, but if core does not agree, and they end up forking off with these terms, then we could have two forks.

Maybe this is not as bullish as we thought because core is not agreeing to lower the consensus threshold in this case, right?

You think that you can make an exception to lower the consensus threshold and then every time there is a dispute, there would be an attempt to use 80% as the new consensus threshold?  

I suppose ultimately if this is a softfork rather than a hardfork, then it is not as big of a deal to have a consensus threshold that is lower than 95%.

I view it as slightly bullish.
Parties seem to be slowly converging closer towards possible consensus.

From my admittedly layman and non-technical perspective the 95% threshold makes sense. However 83% of the hashing power is getting much closer to 95% then we have been in the past. Perhaps now further discussions and compromises need to be made to get the last 12% and bitcoin core on board. The major exchanges would probably all follow at that point. That would be extremely bullish.



Yeah.. it is a bit bullish because there seems to be some compromising going on there.. however, it appears to still be dead set on a hardfork and changes in governance.. that is kind of a punchline, and attempting to make it sound as if everyone is onboard, when they are missing the technical folks who really understand bitcoin.. hahahahaha..

IN other words, a bunch of goofballs agreeing to something that is not going to fly...

By the way, I don't see any meaningful change to segwit signalling - still signalling in the mid 30%... If this "agreement" were so serious, shouldn't we see an immediate boost in segwit signalling in order to support the sentiment that 83.28% are onboard with seg wit.. Instead, they seem to be attempting to mislead folks into supporting an unnecessary hardfork .. which is NOT going to fly.. .


So, yeah, they can fork off, and then seg wit will get adopted in the remaining 16.72% chain.. hahahaha.. and that minor chain will become the real bitcoin.. hahahahaha