Amazon to Accept Bitcoin? The 2X Hardfork Sucks – Replay Protection – And Ethereum zkSNARKs Privacy

I like big blocks and I can not lie, hey whats a good gift card site? Don't worry, not going to wreck my HODL, just for the next bump.

The market will decide what BTC is — be sure to own your private keys before the fork. That way you will own both and can wait to see the real BTC emerge. Move coins to another wallet you own/control thus protecting against replay attack.

No way, Bit Coin gets a name change. That right there doomed 2X.

Nobody seems to talk about the one thing which will cause a massive FUD after the 2x fork, namely that different exchanges will use the name "bitcoin" for different coins: either for the 1x or the 2x. So if you're sending your 1x to an address on an exchange where bitcoin name is given to a 2x coin, then you will lose your funds by virtue of sending it to a different blockchain. THAT is the biggest threat and not the replay attacks. With replay alone, you still get to keep one version of your coins but with the above scenario, you lose everything. Incidents of this kind will definitely happen, as most new buyers on big exchanges are crypto-illiterate and bad news will travel lightning-fast, causing a massive tanking of price. I believe the best strategy to prepare for this fork would be to sell your entire position and then wait for the market to decide which is the new bitcoin and then buy that one when it crashes during the FUD following the 2x fork. I do believe exchanges will all follow the market trend and eventually rename their bitcoin versions the same way across the board but only after the quake has ended. Until then, this war will cause innocent users massive losses which could be avoided by going full fiat for a while.

We need a blockchain that incorporates an election system, democracy 2.0

Ultimately these forks are going to destroy bitcoin. It shouldn't have been allowed to happen, once again human greed will destroy a powerful and meaningful idea. Satoshi may have to come out of hiding and launch a new version that cannot be forked.

Dude you are hilarious!!

With current segwit2x integration being pushed, it seems that a third party banking cartel is looking to take their cut? https://www.reddit.com/r/btc/comments/743qb8/is_segwit2x_the_real_banker_takeover/?st=J8ESEI5F&sh=b2fbd2b2 Read the link segwit is the banker take over, at least we have bitcoin cash as a needed alternative. Let's see what happens in the near future.

2x keeping the bitcoin name? lol, thats a joke. who would want to support a chain with 1 dev? While a blocksize increase isn't even needed.

Well I believe that the hardfork actually can be good, cuz any publicity is better than none.

Where do you buy amazon gift cards with btc?

Does anyone know what will happen when the cap for bitcoin is created 24 million or whatever it is. What incentives will there be to mine and complete the transactions? This seems like a deal breaker with bitcoin working not to mention scalability issues with all these forks.

you fukin look like you know what you talk about

Hi, great channel. Ill like to know what software you use for windows wallpapers? Thanks,

Dope video.

Did you by any chance have a look at the Cobinhood ico? And in case you did, what do you think? Very interesting stuff I thing.
However their road map is very aggressive and makes me a bit suspicious. They've started in 2017.08 and are already running (in Alpha)?… And lots of other stuff coming out soon.

Can you please take a look at Monaco (MCO)? It will definitely pump or dump this week because of Visa approval.

I was telling a friend about Bitcoin the other day over pizza. I got him to open a wallet. He paid for my lunch with cash, and I repaid him with Bitcoin. I sent him £11.50. It cost 51p and took an hour. Which is embarrassing. End result? My friend is unimpressed. Unless ordinary people can use Bitcoin quickly and cheaply, it will remain a niche for geeks and investors. Maybe Roger had a point.

Review Hive!

Your style of crypto news is both entertaining and informative far better than Boxmining and Omar Bam..Thank You

Fuck 2X!
It's no compromise, its bullshit so that these CEO's can collect everybodys real Bitcoins but only give back some shitty ass 2X coins!

2x is the replay-scam of the year.

Need to get past 2x FUD to go higher. Great Jihan pic… Jihan rules the world

DON'T BE BAITE IN PEOPLE …….  THEY GONNA CRASH THE CRYPTOS – FOR THE BANKS- BEFORE THEY PUT THEM IN USE

You can really make some NOT SO entertaining topics so entertaining. Great work!

Daily Crypto, check the real issues and whats going on with Bitcoin… dont be a chicken : https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7

Congrats on 26k!

"correlation means causation […silence…]" is simply genius

I was just proposed with a great question…once the last bitcoin is mined. What will keep the miners or validators around? Wont it essentially be useless to mine anymore?

Love it ?..great mix of tech analysis, reasoning, great sarcasm and great humor..Halloween bubble ?

With reward example there's an important nuance: miners HAVE to reach consensus amongst themselves first, otherwise blocks with fixed reward will be rejected by the rest of the network. And they can reach such consensus ONLY publicly – they're independent competing actors. Signaling was a huge step for Bitcoin development, and now, before reward can be fixed, miners have to broadcast their will, therefore users'll have time to react. I see arguments for No2x and count 'em as pretty weak, I consider miners as backbone of the network and much more important and influential actors than other entities, will see how it'll play out

xrpchat.com

walton is good
I wish I wasn't holding heavy bags with OMG, NEO and QTUM at considerable losses
I'd really like to buy Chainlink but I don't want to sell my holdings at a loss

People that still believe, Core aka Blockstream are the good guys, need take their emotions out of the picture.

Statement 1:doing a hard-fork is way to hard to do for bitcoin to pull off.
Ah okay that why other coins pull them of regularly without any problem, and multiple new features very time. So how smart are the smartest guys in bitcoin core/blocksream really ? Are they overrated or are the lying, is there something that they are not telling us which would explain why I it could not be done (again that lying)?

Statement 2: Bitcoin needs to be backwards compatible, and that is why segwit needed to be done this way, so great now we have segwit in just that manner, the now take 180turn, because the lastest version of bitcoin-blockstream blocks BTC1 clients, now that does not sound very compatible now does it ? It also makes things less decentrilzed, because their is only bitcoin client that allowed to run bitcoin ?!?

If people are really smart enough to get what going on they will come to a conclusion that sounds completely nuts, but that one is the one that connects all the dots together. But If you don't get once blockstream is removed from bitcoin, because the will keep stamping their feet and want to keep running the btc classic instead of joining btc2x.

Why would Segwit2x get the Bitcoin name? There are almost no developers working on it, but a lot (not all, maybe not even the majority) of users who hate it because they feel attacked. Maybe they get are called Bitcoin 2x or something. But this thing has no bright future, simply because it doesn't have nearly as many as professional developers as Bitcoin. It's ridiculous that businesses honestly seem to believe that they decide what Bitcoin is. Ans contrary to what fans of 2x like to claim, the majority of users does >not< prefer 2x. We simply don't know much about the community sentiment, but it looks more like most ppl don't know and care about it, and the others are split. Noone seems to have a clear majority. If one side had the majority, it would make things clearer, but I haven't seen or heard any remotely scientific and neutral polls.

I don't get why people like the idea of big blocks, the bigger the blocks the bigger the advantage of the miner who found the last block has to find the next block, in other words if i have 10 rigs and bitmain has 10.000, I'll never find a block before bitmain! Bigger blocks means REALLY centralised mining. As it is now, (until new and better chips are available) we have to join pools to break even and bigger blocks will kill that. We try to help the network but we can't compete with bitmain for cryin' out loud! Piece out 😉

Are you on twitter man?

Love your style Bro! Keep up the great work!

I always wonder. How is it helpful for a currency to always go up Oo. Wouldnt it be better for the currency to stay similar/same?

A crypto channel from Scotland – well done laddie !!

LOL@Bieber parody

Purse.io if I remember correctly allows you to buy on Amazon with bitcoin through a middle man.

Coming soon: SegwitXXX – Hard forks.

Question: If one of Bitcoin's newly forked products becomes "The One" that becomes widely used as an everyday currency will Bitcoin also go up in value as it is a derivative of bitcoin, or is it a winner takes all situation?

I don't quite understand why privacy is such a big deal, i guess 99% of "honest" users don't care that much about privacy.
What matters is decentralization, and give the financing power back to the people.