LocalBitcoins.com Official Statement regarding the possible hard fork on Aug 1 2017. by barrydutton

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bitcoin · @barrydutton · Jul 20 '17

$28.18

LocalBitcoins.com Official Statement regarding the possible hard fork on Aug 1 2017.

##### <center> ![](https://steemitimages.com/DQmYHTmZLdg8UeFRWvJCs181vFQB9vgNckYXgvqEdvi7Vag/image.png)


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While scanning my news today before I head out for a bit, I found this info which a lot of people will find interesting I think.  

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> We are closely monitoring the current situation regarding the risk of a Bitcoin hard fork occurring on August 1st. Today, July 18th, it looks possible that the hard fork will be avoided as BIP 91 can activate before then.

> Our current plan in case BIP91 does not activate before August 1st, and the risk of a hard fork becomes real, is to stop all Bitcoin transactions for a period of time in order to protect the Bitcoin you have in your LocalBitcoins wallet. Once the danger period has passed LocalBitcoins will allow withdrawals of Bitcoins on both the majority and minority chain for as long as it is feasible and possible to support both chains.

> In case BIP 91 fails to activate and the risk of a hard fork becomes real we will share more information via our blog, twitter and email.


To get more detailed information about the situation please read the following article:

https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/

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To stay up to date with the most current developments please follow the Bitcoin subreddit:

https://reddit.com/r/bitcoin/

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Official Local BTC.com links: 

https://www.facebook.com/pages/Localbitcoinscom

https://twitter.com/LocalBitcoins

http://www.reddit.com/r/localbitcoins/

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https://steemitimages.com/0x0/https://steemitimages.com/DQmXrPGhv55E1PoJUTCHD8E7yLTsG4GWXisa8M7iMZYGikB/image.png


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https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/DQmZ3h5ghWebGtF1jvRZ9mNbx76JtLLFptKUepa3mzDwZEo/image.png


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#### Thanks for reading, have a nice day.

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http://i.imgur.com/68SXQpW.gif

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## If you liked this blog post - please Resteem it and share good content with others!

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### Some of my recent blogs: 

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https://steemit.com/life/@barrydutton/fluoride-and-other-toxins-in-our-municipal-water-supplies-are-poisoning-you-they-are-full-of-toxins-and-crap-here-s-some-visual

https://steemit.com/life/@barrydutton/steemit-family-it-s-been-a-super-tough-week-for-a-lot-of-us-in-crypto-and-other-parts-of-life-motivation-for-you-have-a-good

https://steemit.com/bitcoin/@barrydutton/my-exodus-wallet-did-a-complete-dump-off-my-computer-after-the-latest-update-has-this-happened-to-any-of-you-community-feedback

https://steemit.com/food/@barrydutton/blue-collar-barry-bachelor-kitchen-series-this-george-foreman-grill-makes-the-perfect-grilled-cheese-sandwiches-every-time

https://steemit.com/food/@barrydutton/did-i-just-make-the-best-crock-pot-full-of-vegetarian-chili-ever-with-my-blue-collar-barry-bachelor-kitchen-skillz-maybe

https://steemit.com/cryptocurrency/@barrydutton/crypto-101-or-video-just-released-andreas-antonopoulous-ethereum-q-and-a-scams-gambling-and-regulation-4-mins-super-practical

###### Gif's - via Giphy.com , Funny or Die.com

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##### Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone.  I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.  </center>

👍 canadian-coconut, livingfree, barrydutton, klye, humanearl, tamim, teamsteem, drorion, tradeqwik, ericvancewalton, asmolokalo, timcliff, jackhircus, clayboyn, jkkim, arcange, raymonjohnstone, ccoindigger, patelincho, lemouth, zedikaredirect, smysullivan, ivet, mrwalt, onetree, cryptotem, profitgenerator, berlinmoonlight, steemprentice, stevescoins, samstonehill, starrkravenmaf, berkah, kyusho, thecryptodrive, pnc, raphaelle, someguy123, enjar, honeybeee, ancapwarren, sportsdesk, garthfreeman, aggroed, tonylondon, bitcoiner, quantumpoker, dianargenti, marfa, altcointrends, alina4u, grizzman, harrypeters, steemlover, oenophile, geechidan, nativo, writewords, geordieprepper, lauralemons, darkishtouch, btcblogger, rhonob, stefen, and 29 others

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@ancap47 · Jul 20 '17

$0.36

Very sensible approach to the hard fork by localbitcoins. I've been on the site since 2012 and they have always been fair and had decent customer support.

Much different than Coinbase, who announced they will be keeping your minority-chain coins in the event of a split.

👍 ancap47, zedikaredirect

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@charles1 · Jul 20 '17

Good news @barrydutton lets hope that all is go well. Price of most altcoins are high already.

properties (22)

@darkishtouch · Jul 20 '17

good to know, even though I barely use it

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@dianclasher · Jul 20 '17

Nice post

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@grizzman · Jul 20 '17

Thanks for the heads up! I hope the BIP91 activates and everything goes smooth.

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@rawpride · Jul 20 '17

I don't like this "locking" of the coins, move your coins to safety while you can.

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@stefen · Jul 20 '17

$0.04

So what is the best time to convert bit coins to actual currency?

👍 krypto101

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@enjar · Jul 20 '17

You have a point you know. You can eat paperish real stuff aka the hard cash (well unless you’re living in Canada where it’s plastic.) This digital stuff I just can’t eat any of it. Makes me sad. 

As far as when? Well I feel the when is a personal decision mostly based on your own financial needs. People use to buy pizzas for 10,000 bitcoins. Now days that would be consider the word most expensive pizza. I can’t even see @barrydutton willingly paying that much for one, and he LOVES pizza.

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@garthfreeman · Jul 20 '17

$0.34

👍 garthfreeman, zedikaredirect, krypto101, cryptotem

`author`	garthfreeman
`permlink`	re-stefen-re-barrydutton-localbitcoins-com-official-statement-regarding-the-possible-hard-fork-on-aug-1-2017-20170720t184456739z
`category`	bitcoin
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`created`	2017-07-20 18:45:03
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`cashout_time`	1969-12-31 23:59:59
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`pending_payout_value`	0.000 HBD
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`body_length`	4
`author_reputation`	2,938,806,525,879
`root_title`	"LocalBitcoins.com Official Statement regarding the possible hard fork on Aug 1 2017."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	9,108,495
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`author_curate_reward`	""

properties (23)vote details (4)

voter	rshares	pct
garthfreeman	46,469,252,951	100%
zedikaredirect	23,571,683,837	100%
krypto101	11,415,930,347	100%
cryptotem	3,029,520,475	5%

@krypto101 · Jul 20 '17

Haha, good one !

properties (22)

`author`	krypto101
`permlink`	re-garthfreeman-re-stefen-re-barrydutton-localbitcoins-com-official-statement-regarding-the-possible-hard-fork-on-aug-1-2017-20170720t185353417z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-07-20 18:53:54
`last_update`	2017-07-20 18:53:54
`depth`	3
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`root_title`	"LocalBitcoins.com Official Statement regarding the possible hard fork on Aug 1 2017."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	9,109,391
`net_rshares`	0

1 reply

@yahsa89 · Jul 20 '17

Hello I want to be your friend to help each other in this world of steemit Follow me @yahsa89 let's sharing

👍 yahsa89

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
yahsa89	0 B		330,180,150	100%

@voke · Jul 20 '17

Follow  me and I will follow u back

properties (22)

`author`	voke
`permlink`	re-yahsa89-re-barrydutton-2017721t14122149z-20170720t201144453z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
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`root_title`	"LocalBitcoins.com Official Statement regarding the possible hard fork on Aug 1 2017."
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