B2X Tokens | Bitcointalksearch.org

azhariejaya

full member

Activity: 546

Merit: 112

Quote from: Pan Troglodytes on November 17, 2017, 03:39:43 AM

Hi,

I wonder, and can't find news on that topic, what happened to B2X future tokens and their value after the Segwit2x had been halted. Or was it only postponed?

i have read an article that mentioned : ""the activation of Segwit2x in the future isn’t impossible, no matter how unlikely it may appear now. Some analysts think the fork’s backers could file their grievances by supporting another project with similar goals (those aren’t difficult to find, given the increasing demand for scalable bitcoin solutions)"".
but i don't know for sure, we only have to wait how the end result of this segwit2x.

BrewMaster

legendary

Activity: 2114

Merit: 1293

There is trouble abrewing

more than 24 hours has passed from the fork time or to be more accurate from the time when block 494782 was mined on bitcoin. that was the point when bitcoin 2x should have started mining their first 2 MB block at height 494783 but it has not yet happened.

now it is safe to assume absolutely nobody is mining SegWit2x and it is completely abandoned.

kahc

member

Activity: 350

Merit: 13

Quote from: cedel on November 18, 2017, 10:50:15 AM

494782 or 494784?
Coinbase announced: "The Bitcoin Segwit2x fork will take place when block #494,784 is mined. This is projected to happen on November 16."
and also "Will a new asset be created following the fork?
Yes. The result of the fork will be two different blockchains, which means there will be two distinct digital assets."

So, if, as you wrote, the fork "dies out", what will happen to all the money invested by new people like me today or in the coming days in this B2X ?

Will we lose everything?
If I understand you, the people who buy it is just a bet on if it will survive or not??

None of the btc1 nodes can get past block 494782, that's why the fork hasn't taken place yet.

Yes, the B2X future tokens will be worth 0 or near 0 if the fork dies out, and delisted from exchanges.
You got it, it's a HUGE gamble, ultra high risk.

khaled0111

legendary

Activity: 2702

Merit: 3045

Top Crypto Casino

You can trade B2X. On HitBTC 1 B2X = 0.031 BTc right now.
But as you might have heard, the Segwit2x development team announced they would no longer continue with the project and the majority of miners withdrew their support for the fork. Thus, trading B2X may entail many risks.

According to HitBTC blog, in case the split event doesn’t happen by the end of 2017, B2X tokens shall be deemed to have zero value.

cedel

newbie

Activity: 18

Merit: 0

494782 or 494784?
Coinbase announced: "The Bitcoin Segwit2x fork will take place when block #494,784 is mined. This is projected to happen on November 16."
and also "Will a new asset be created following the fork?
Yes. The result of the fork will be two different blockchains, which means there will be two distinct digital assets."

So, if, as you wrote, the fork "dies out", what will happen to all the money invested by new people like me today or in the coming days in this B2X ?

Will we lose everything?
If I understand you, the people who buy it is just a bet on if it will survive or not??

patt0

legendary

Activity: 1694

Merit: 1005

Betting Championship betking.io/sports-leaderboard

You can usually find that information on the coinmarketcap website. If you type B2x on their search label, you will find the segwit2x Futures are still available for trade. You can then click on markets, and you will see the exchanges that are trading them. Right now, the only exchange listed there is HitBTC. There are rumors that a few guys still want to run the fork. If they have enough hash power they can, so the fork might still happen, and that's why the exchange is selling these futures.

I wouldn't advise buying them, there were plenty of users that were buying B2x futures, at $1k or more, and then they saw all their "money vanish", because the fork was canceled. These futures sales are just based on rumors, and I think it's very risky to trade them.

kahc

member

Activity: 350

Merit: 13

Quote from: cedel on November 18, 2017, 10:10:09 AM

HitBtc is trading B2X: https://hitbtc.com/exchange/B2X-to-BTC
I don't understand: about 1 week ago , the fork was cancelled or postponed, then I saw that it would happen on 16 or 17th November.
Now on Bittrex I see as an update 17th Nov. that "The Segwit2x hard fork was called off and did not result in a chain split." https://support.bittrex.com/hc/en-us/articles/115002603211-Statement-on-Bitcoin-Segwit2x-hard-fork

So, how come that HitBtc is trading the B2X and that I was able to buy it today and how come Bittrex said that it was cancelled ?

I don't understand: will B2X stay and continue to be traded as any other cryptocurrency like for example the bitcoin gold or bitcoin cash and is it worth it to buy it now ...or why is it traded then?

Chris

What HitBtc is offering is B2X future tokens. There is still a possibility that the fork may happen if Jeff Garzik manage to fix the bug in the code that cause btc1 nodes to freeze at block 494782. But eventually the fork will die out, as he is the only developer that I know of that still maintain the repository, and without other developers to review his codes, no way he his going to fix all the bugs.

If you take a look here, you can see there are 127 btc1 nodes right now, those are nodes that want to fork.

cedel

newbie

Activity: 18

Merit: 0

HitBtc is trading B2X: https://hitbtc.com/exchange/B2X-to-BTC
I don't understand: about 1 week ago , the fork was cancelled or postponed, then I saw that it would happen on 16 or 17th November.
Now on Bittrex I see as an update 17th Nov. that "The Segwit2x hard fork was called off and did not result in a chain split." https://support.bittrex.com/hc/en-us/articles/115002603211-Statement-on-Bitcoin-Segwit2x-hard-fork

So, how come that HitBtc is trading the B2X and that I was able to buy it today and how come Bittrex said that it was cancelled ?

I don't understand: will B2X stay and continue to be traded as any other cryptocurrency like for example the bitcoin gold or bitcoin cash and is it worth it to buy it now ...or why is it traded then?

Chris

junoreactor

full member

Activity: 196

Merit: 109

Quote from: bitorama on November 17, 2017, 05:51:04 AM

B2X is not dead ?

Segwit2x was officially "postponed" and not canceled. I know it sounds funny, as it could be postponed for 2019, who knows what is happening behind "the scenes"...

charlie137

full member

Activity: 1204

Merit: 220

(ノಠ益ಠ)ノ

coinbase update:

Quote

There have been a number of developments with Bitcoin Segwit2x since our last update. No action is required and all funds stored on Coinbase remain safe.

Last week, the Segwit2x development team announced they would no longer continue with the project. In addition, a significant portion of miners and other community leaders withdrew their support for the fork. However, despite these developments, a small number of miners may attempt to go forward with a fork.

We wanted to provide clarity about the potential outcomes of the fork and what Coinbase will do in each scenario.

To protect customer funds, Coinbase will disable Bitcoin sends and receives at 2 am Pacific Time on November 17th, and disable buys and sells an hour before the fork, which is currently predicted to occur between 6am to 8am Pacific Time on November 17th. All functionality will be re-enabled shortly afterwards.

Scenario 1: Network is unusable
If support for the fork remains at current levels or decreases, the Bitcoin2x network will be unusable. Coinbase will not support withdrawals or trading as it will not be possible to move these assets. Currently we believe this is the most likely scenario.

If the network gains support at a later date, we will enable Bitcoin2x withdrawals from the platform.

Scenario 2: Network is usable
If transactions are being confirmed at a reasonable speed and miner support is strong, we will allow Coinbase customers to withdraw Bitcoin2x. We will not immediately enable buys and sells as previously stated, but we may enable them at a later date.

Yousint0r

newbie

Activity: 49

Merit: 0

coinbase say few new developers will support 2x so may be back

bitorama

full member

Activity: 238

Merit: 100

B2X is not dead ?

giveen

hero member

Activity: 826

Merit: 1004

Quote from: P E K K A on November 17, 2017, 04:02:48 AM

I do not know how coins like BCH, BTG, and B2X get substantial funds, whereas these are coins earned for free, I do not quite understand how anyone could be interested in supporting such coins

It is just how the market works what we think is all these split chain and creation of new coin is free money but still price goes as high as $1k the reason is the market is way bigger than you can imagine when it newly get's listed many traders buy it because it's a new coin. Same happens in a pump and dump in order to dump someone has to buy.
The second scenario is when the coin holders itself keep buying it so that they get support and when it's high they can dump it.

Quote from: Pan Troglodytes on November 17, 2017, 04:14:59 AM

Quote from: NUFCrichard on November 17, 2017, 03:43:29 AM

Bitfinex still have their BT1 and BT2 markets.

I guess you won't be surprised to hear that the B2X coin absolutely tanked when the fork was postponed/cancelled. It is at about 2% of BTC value now.
They can't rule anything out, so it could still happen, but it is on the backburner at least, so I wouldn't expect a hardfork to double the block size anytime soon

OK thanks, I signed up to BitFinex but cannot see those particular tokens in trade..

It might not be there because SegWit isn't going to occur and i would also suggest you not to buy any the price was 0.2 btc on hitbtc when it got cancelled it fell by more than 90%. Trade cautiously.

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

Quote from: Pan Troglodytes on November 17, 2017, 03:39:43 AM

I wonder, and can't find news on that topic, what happened to B2X future tokens and their value after the Segwit2x had been halted. Or was it only postponed?

you can't find anything because you are possibly searching for the wrong thing. if you simply google "SegWit2x" keyword you will see in the first page of google results all about what happened to it.
it got "suspended" for now.
https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

the markets however are still going on. on bitfinex, and also yobit recently credited their users with YOB2X tokens 1:1 with their bitcoin for no reason! and now it is being traded there.

minersday

hero member

Activity: 1484

Merit: 535

B2x was being tradeable for futures before, i dont know what happened to that but i am sure that they haven't dissapeared at all. On bitfinex you can find the pair i guess, the same goes to BitMex, i am sure that they are still trading with them because the fork is really going to happen, so why wouldn't they have b2x in there?
but yes, it is an useless fork, i dont know why they are going to release it because we dont want to have segwitx2 in our lives.. It is just free money for the lazy ones, and those who doesn know how to manage this fork, are going to lose a lot of money.

Pan Troglodytes

member

Activity: 392

Merit: 39

Quote from: NUFCrichard on November 17, 2017, 03:43:29 AM

Bitfinex still have their BT1 and BT2 markets.

I guess you won't be surprised to hear that the B2X coin absolutely tanked when the fork was postponed/cancelled. It is at about 2% of BTC value now.
They can't rule anything out, so it could still happen, but it is on the backburner at least, so I wouldn't expect a hardfork to double the block size anytime soon

OK thanks, I signed up to BitFinex but cannot see those particular tokens in trade..

P E K K A

sr. member

Activity: 490

Merit: 250

I do not know how coins like BCH, BTG, and B2X get substantial funds, whereas these are coins earned for free, I do not quite understand how anyone could be interested in supporting such coins

Phalo

full member

Activity: 224

Merit: 100

Quote from: Pan Troglodytes on November 17, 2017, 03:39:43 AM

Hi,

I wonder, and can't find news on that topic, what happened to B2X future tokens and their value after the Segwit2x had been halted. Or was it only postponed?

There has been a whole lot of confusion with regards to this. Honestly I think noone knows exactly what will happen. Its a wait and see game. The majority of the proponents of Segwit2X withdrew. However remember bitcoin is an open source project. Anyone can hard fork as long as they have just enough hash power. It seems to me there is a small group that wants to continue with 2X.

NUFCrichard

legendary

Activity: 1218

Merit: 1003

Bitfinex still have their BT1 and BT2 markets.

I guess you won't be surprised to hear that the B2X coin absolutely tanked when the fork was postponed/cancelled. It is at about 2% of BTC value now.
They can't rule anything out, so it could still happen, but it is on the backburner at least, so I wouldn't expect a hardfork to double the block size anytime soon

Pan Troglodytes

member

Activity: 392

Merit: 39

Hi,

I wonder, and can't find news on that topic, what happened to B2X future tokens and their value after the Segwit2x had been halted. Or was it only postponed?

Topic: B2X Tokens (Read 557 times)