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Segwit2x cancelled

Comments

  • #2
    The One Doctor
    Registered Users Posts: 2,339 ✭✭✭The One Doctor


    SkySter wrote: »
    https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

    Big news indeed and looks confirmed.

    Big rises underway across the major Alts. Interesting times ahead.

    Sucking money out of BTC, time to keep a close eye...


  • #3
    pro_gnostic_8
    Registered Users Posts: 1,223 ✭✭✭pro_gnostic_8


    Great, great news !!! :)


  • #4
    SkySter
    Registered Users Posts: 828 ✭✭✭SkySter


    pro_gnostic_8 wrote: »
    Great, great news !!! :)

    Funny. Saw your avatar and I had an instant picture of Mr Burns saying the above and rubbng his hands with glee. ;)


  • #5
    pro_gnostic_8
    Registered Users Posts: 1,223 ✭✭✭pro_gnostic_8


    "Although we strongly believe in the need for a larger blocksize, there is something we
    believe is even more important: keeping the community together.
    Unfortunately, it is clear that we have not built sufficient consensus for
    a clean blocksize upgrade at this time. Continuing on the current path
    could divide the community and be a setback to Bitcoin’s growth.    "
    Mike Belshe

    What a disgusting and two-faced piece of hypocrisy this is !
    Dividing the community is exactly what you did in your attempt to engineer a big-business takeover of bitcoin. Now that you realise that you don't have consensus you try to come across with all this holier-than-thou bs. Stomach-churning stuff.
    Crawl back under that rock with Voorhees, Garzik, Jihan Wu, and your corporatist CEO buddies.


  • #6
    pro_gnostic_8
    Registered Users Posts: 1,223 ✭✭✭pro_gnostic_8


    Meantime we can expect an epic game of ping-pong pricing between the bulls and the bears until the dust settles and until some sober analysis by the market comes.


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  • #7
    pro_gnostic_8
    Registered Users Posts: 1,223 ✭✭✭pro_gnostic_8


    Never a dull day in Bitcoin. :D


  • #8
    Thargor
    Registered Users Posts: 17,865 ✭✭✭✭Thargor


    Spare a thought for the people who invested in the Segwit futures:

    https://coinmarketcap.com/currencies/segwit2x/


  • #9
    SkySter
    Registered Users Posts: 828 ✭✭✭SkySter


    You'd have to have a suspicion that this was never going to happen and it was just a huge market manipulation exercise. Mostly mining and certain exchange interests behind it. Look at the BTC pump over the last few weeks. If this was securities the regulatory authorities would be all over it.

    This is why I like to keep some of my funds in Alts. I think BTC is way too much in the control of a small number of vested interests.


  • #10
    pro_gnostic_8
    Registered Users Posts: 1,223 ✭✭✭pro_gnostic_8


    Thargor wrote: »
    Spare a thought for the people who invested in the Segwit futures:

    https://coinmarketcap.com/currencies/segwit2x/

    I would think a lot more people sold B2X futures than the small amount of people who bought them. The $1400 price for B2X Futures as against the $6,000 price of B1X Futures would strongly suggest that.


  • #11
    seraphimvc
    Registered Users Posts: 3,356 ✭✭✭seraphimvc


    this is why i stopped wasting time on watching tv dramas, this crypto **** is real dramas (non stop) :D


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  • #12
    gctest50
    Registered Users Posts: 9,605 ✭✭✭gctest50


    misfortunes @ 18:04 UTC :( :

    pXvaK4m.png


  • #13
    SkySter
    Registered Users Posts: 828 ✭✭✭SkySter


    gctest50 wrote: »
    misfortunes @ 18:04 UTC :( :

    Ouch. Futures are risky at the best if times, but crypto futures have to be about one of the most stupid concepts ever invented.


  • #14
    Thargor
    Registered Users Posts: 17,865 ✭✭✭✭Thargor


    Ouch:

    https://medium.com/@bartjellema/why-i-just-bought-90-b2x-bitcoin-segwit2x-futures-f94d0ee13eb9


  • #15
    SkySter
    Registered Users Posts: 828 ✭✭✭SkySter


    Thargor wrote: »
    Ouch:

    https://medium.com/@bartjellema/why-i-just-bought-90-b2x-bitcoin-segwit2x-futures-f94d0ee13eb9

    Sweet jesus. :eek::eek:


  • #16
    gctest50
    Registered Users Posts: 9,605 ✭✭✭gctest50


    Thargor wrote: »
    Ouch:

    https://medium.com/@bartjellema/why-i-just-bought-90-b2x-bitcoin-segwit2x-futures-f94d0ee13eb9


    And it's favorite sibling : Oops



    An estimated $280 million worth of ether is now locked up after a user accidentally deleted the code necessary to access the wallets



    This means that currently no funds can be moved out of the multi-sig wallets.

    It is our current understanding that this vulnerability was triggered accidentally a user deleted the library-turned-into-wallet, wiping out the library code which in turn rendered all multi-sig contracts unusable and funds frozen since their logic (any state-modifying function) was inside the library.



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