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Topic: [2017-10-26] Segwit2x Developer Says November Hard Fork is Full Steam Ahead (Read 1799 times)

legendary
Activity: 2170
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It is a good idea to covert all alt to BTC before this fork. I have invested in ETH and NEO and thinking of doing so to double all my BTC???

There is no such a thing as doubling your BTC. It's just you having (for example) 10BTC, which when a chain split has been initiated means that you also have 10S2X coins, but then on the Segwit2x chain of course. After that you can dump your S2X coins for BTC at whatever the exchange rate by that time might be. Currently, Bitfinex's S2X future sits at a value of around 0.14BTC, which basically means that with 10BTC, you'll have 1.4BTC worth of S2X coins. Holding Bitcoin is always a better option than holding an altcoin, but now you'll have a bit more incentive to do so. Wink
full member
Activity: 364
Merit: 117
Hi,

It is a good idea to covert all alt to BTC before this fork. I have invested in ETH and NEO and thinking of doing so to double all my BTC???
sr. member
Activity: 700
Merit: 250
The Segwit2x working group has been quiet lately, but now it seems the development wheels are turning once again. On Wednesday, October 25 the lead developer of the Segwit2x (BTC1) working group, Jeff Garzik, addressed the public with a status update. According to Garzik, everything is “still full steam ahead for Segwit2x upgrade” scheduled for mid-November.

Segwit2x Upgrade is “Full Steam Ahead”

The maintainer of the Segwit2x code, Jeff Garzik has revealed an October “status update” to the development community through the Linux mailing list. The last time Garzik greeted the public was back in August when the Segregated Witness (Segwit) protocol was applied to the Bitcoin network. Like the previous time, Garzik’s email seems upbeat and cuts to the formalities right away with the developer stating: 

        "To state the obvious, everything is still full steam ahead for the Segwit2x upgrade in mid-November."

Read more: https://news.bitcoin.com/segwit2x-developer-says-november-hard-fork-is-full-steam-ahead/

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