Segwit2x hard fork cancelled

Sherbert Hoover said:

I've bought bitcoin, and I've sold bitcoin, and I've made a profit from it. Nothing astronomical, but I've gained a few thousand between bitcoin, ethereum, and litecoin. Like everyone else, I wish I would have done things differently, but such is the case with almost all investments, crypto or not.

Do I hope it crashes? No. Is it going to crash? Definitely. Is it a secret that I think it will crash? Absolutely not. Do I feel bad about all the money I could have made? Not for a second. Do I think it's a ponzi scheme? Not at all. Do I think it's a terrible investment vehicle? I sure do. Have I been proclaiming this all along? Yes, I most definitely have. Am I out of my mind? Maybe. Do I think it will drop all the way to $1,000? I very much do.

Will I be on the front lines with a big fat I told you so once it happens? No. Because I know you read this, and I know you will remember, and I could not care less.

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roman375 said:

Well, the hard fork only intended to double the blocksize limit. You do not need to change a lot of code to accomplish that.

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Sherbert Hoover said:

I've bought bitcoin, and I've sold bitcoin, and I've made a profit from it. Nothing astronomical, but I've gained a few thousand between bitcoin, ethereum, and litecoin. Like everyone else, I wish I would have done things differently, but such is the case with almost all investments, crypto or not.

Do I hope it crashes? No. Is it going to crash? Definitely. Is it a secret that I think it will crash? Absolutely not. Do I feel bad about all the money I could have made? Not for a second. Do I think it's a ponzi scheme? Not at all. Do I think it's a terrible investment vehicle? I sure do. Have I been proclaiming this all along? Yes, I most definitely have. Am I out of my mind? Maybe. Do I think it will drop all the way to $1,000? I very much do.

Will I be on the front lines with a big fat I told you so once it happens? No. Because I know you read this, and I know you will remember, and I could not care less.

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papasound said:

If with few commits you can solve blocksize limit problem - core btc team would've done that a year ago, nobody is talking about that they already have solution for this with another layer of tiny transactions aggregated into one big transaction, soon it's gonna be out, and all those forks will have nothing new to offer.

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roman375 said:

You are preaching to the choir. I am well aware of Lightning Network. I am just saying that's what the team behind Segwit2x set out to do - double the blocksize limit. Obviously they went terribly about trying to force it down everyone's throats, not to speak of it not being the solution (if you can even call it that, 2x blocksize wouldn't have meant shit in a couple of months) we need in the long term.

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tb303 said:

This. Its still only 2Mb per 10 minutes rather than 1MB per 10 minutes. Its the 10 minutes thats the problem not the block size.

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papasound said:

Yep, but the whole idea of LN is to serve more users per block, and from what i see 2mb block will go far away. but of course it's not the thread to discuss about on-chain transactions etc shit.

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papasound said:

Yep, but the whole idea of LN is to serve more users per block, and from what i see 2mb block will go far away. but of course it's not the thread to discuss about on-chain transactions etc shit.

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drogon said:

Seems segwit2x may still go ahead: https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000689.html

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