So is everyone supposed to sell their coins and then repurchase them on Bitcoin XT?
And where do you go to buy Bitcoin XT coins?
And where do you go to buy Bitcoin XT coins?
You need not do anything until the actual fork i.e. once 75% of miners are using XT. At that point, QT is unlikely to recover; miners will quickly switch to mining the longest chain (XT).
For regular users running Bitcoin software (i.e. a node), there's really no reason not to switch to XT (except as a not-taken-into-account protest vote). If XT wins, you'll be on XT. If XT doesn't achieve 75% or miner support, nothing changes.
Well what's all the hubbub about then? Sounds like a smooth transition. Nobody will know the difference. I can't believe people are so stubborn. They are disagreeing for the sake of disagreeing. In fear of "centralization"?
It sounds like a very decentralized process. But majority does rule.
I'm pro-fork.
Over 4.5% of all nodes have allready upgraded to XT in support. (Yes, I know the hash power and not the number of nodes will make the decision next year.)
Watch the number of XT nodes grow here:
http://xtnodes.com/