i read some article regarding this and they're saying that it won't affect the bitcoin price because people just shock on split that's why they sell their bitcoin that's the reason why bitcoin price fell down but when they notice that bitcoin won't be affected on the split they decided to buy bitcoin again that's why bitcoin price today was $4k because the demand is raising also.
This happened at the beginning of august. At that time many people who said that bitcoin prices will experience a significant decrease, but in fact bitcoin prices actually experienced a very high increase. So there is no benchmark that can read the bitcoin price movement. Things can happen, but if demand and bitcoin users are increasing then I'm sure bitcoin prices will get better. 
Topic: Bitcoin vs SegWit2x - after split price predictions - page 2. (Read 5418 times)
i read some article regarding this and they're saying that it won't affect the bitcoin price because people just shock on split that's why they sell their bitcoin that's the reason why bitcoin price fell down but when they notice that bitcoin won't be affected on the split they decided to buy bitcoin again that's why bitcoin price today was $4k because the demand is raising also.
SegWit2x developers and miners are not backing down from their intention to hardfork in November, while the upcoming update for Bitcoin Core client will be automatically disconnecting SegWit2x nodes.
The possibility of chain split looks very high, which raises a few questions.
How exchanges will be naming Bitcoin chains after split - will they name one as a Bitcoin, or rename both to something like Bitcoin Core and Bitcoin2x?
What will be the prices for those coins? How their value will change after a few months?
Will combined value of both coins increase or decrease?
I do not think the exchanges are going to rename the original coin in any way or form, bitcoin is just bitcoin and that is never going to change, the ones that need remaining are the altcoins based on bitcoin, personally I will prefer B2X for the name of the coin or its symbol because after a hard fork that coin is no longer bitcoin but something else, an altcoin.The possibility of chain split looks very high, which raises a few questions.
How exchanges will be naming Bitcoin chains after split - will they name one as a Bitcoin, or rename both to something like Bitcoin Core and Bitcoin2x?
What will be the prices for those coins? How their value will change after a few months?
Will combined value of both coins increase or decrease?
This y would not do that for ever. Renaming a bitcoin's name will destroy the reputation and some people heard a but would not consider this a btc in future. We need to think in all the view.
Since segwit has activated this time, bitcoin value has been increased more than 1000$, I expect it will touch next peak value again when we are peak value now.
We already saw what happened with bitcoin in cash. Do you think the miners and users are fools? They do not want to lose their money. I don't believe in another division. Agree and there will be a single bitcoin with improved quality, but perhaps the miners try to recoup their losses by raising fees for transactions.
I understand your mean, however if the value of Bitcoin continue rising up until last this year, and the problem high fees still can't fixed, really need have fork for fix this problem.
We already saw what happened with bitcoin in cash. Do you think the miners and users are fools? They do not want to lose their money. I don't believe in another division. Agree and there will be a single bitcoin with improved quality, but perhaps the miners try to recoup their losses by raising fees for transactions.
If it forks again you will have 2 coins, and it doesn't really matter which one ends up with more value because you will have one of each. Holding as many btc as you can at the split seems to me the best course.
It was easy to predict what would happen after the Bitcoin / Bitcoin Cash split. Because most of the users, exchanges and the developers were against Bitcoin Cash. But it will be difficult to predict about the split in November. We are still unsure about the level of support for Bitcoin Core and Bitcoin 2x. I want Bitcoin 2x to prevail in the end, but things are very fuzzy.
here's another innovation from Blockstream using satellite to beam bitcoin transaction to any part of the world including the areas where internet is rarely accessible thus avoiding chainsplit where network nodes and data congestion causes the delay of transactions. Blockstream is offering a Sidechain proposal.
Sidechains are extensions to existing blockchains, enhancing their privacy and functionality by adding features like smart contracts and confidential transactions.So chainsplit is unlikely to happen.
Sidechains are extensions to existing blockchains, enhancing their privacy and functionality by adding features like smart contracts and confidential transactions.So chainsplit is unlikely to happen.
95% that 2x hardfork will not happen!
It would just be another altcoin, like bcash! And right now with this massive pump it is obvious that the market want Segwit and core with it's huge pool of amazing developers to continue this journey.
It the dummies of NYA fork they will be left alone and no one following them.Furthermore these guys will lose lots credibility in this space and if they should try to come back after the hardfork failure I can assure the community will not give them any chance to continue with their businesses or even building new ones and supporting those.
You try to fool the userbase, therefore the majority of the community which give Bitcoin it's value, you're going to lose. This whole Bitcoin community it so much anti authoritarien, every attempt to break that space and take control of the protocol, will break you in the end.
It would just be another altcoin, like bcash! And right now with this massive pump it is obvious that the market want Segwit and core with it's huge pool of amazing developers to continue this journey.
It the dummies of NYA fork they will be left alone and no one following them.Furthermore these guys will lose lots credibility in this space and if they should try to come back after the hardfork failure I can assure the community will not give them any chance to continue with their businesses or even building new ones and supporting those.
You try to fool the userbase, therefore the majority of the community which give Bitcoin it's value, you're going to lose. This whole Bitcoin community it so much anti authoritarien, every attempt to break that space and take control of the protocol, will break you in the end.
Unless 2x devs give in or postpone the hardfork, it's gonna happen. Whether 2x will be a relevant alternative to BTC or even a replacement of it is a different question. However I doubt that the "dummies of NYA" will lose their credibility and customers that easily, even if 2x ends up being BCH's step brother. These "dummies" include some of the most important companies in crypto. You'll be hard pressed to avoid using them. They'd be stupid to not have some form of contingency plan.
Either way it will be interesting to see how the 2x supporting companies will handle the controversy. It's a business after all and people vote with their wallets, especially in crypto.
SegWit2x developers and miners are not backing down from their intention to hardfork in November, while the upcoming update for Bitcoin Core client will be automatically disconnecting SegWit2x nodes.
The possibility of chain split looks very high, which raises a few questions.
How exchanges will be naming Bitcoin chains after split - will they name one as a Bitcoin, or rename both to something like Bitcoin Core and Bitcoin2x?
What will be the prices for those coins? How their value will change after a few months?
Will combined value of both coins increase or decrease?
The possibility of chain split looks very high, which raises a few questions.
How exchanges will be naming Bitcoin chains after split - will they name one as a Bitcoin, or rename both to something like Bitcoin Core and Bitcoin2x?
What will be the prices for those coins? How their value will change after a few months?
Will combined value of both coins increase or decrease?
95% that 2x hardfork will not happen!
It would just be another altcoin, like bcash! And right now with this massive pump it is obvious that the market want Segwit and core with it's huge pool of amazing developers to continue this journey.
It the dummies of NYA fork they will be left alone and no one following them.Furthermore these guys will lose lots credibility in this space and if they should try to come back after the hardfork failure I can assure the community will not give them any chance to continue with their businesses or even building new ones and supporting those.
You try to fool the userbase, therefore the majority of the community which give Bitcoin it's value, you're going to lose. This whole Bitcoin community it so much anti authoritarien, every attempt to break that space and take control of the protocol, will break you in the end.
Let's just wait I see. Im sure miners will defect from the NYA agreement, Bitfury will be one of the first, and once one deffects, other will follow.
A lot of people have learned a lesson with the Bitcoin Cash disaster. Everyone that got involved in mining Bitcoin Cash has lost millions compared to if they kept missing the legacy chain.
Everyone involved in segwit2x will be responsible for the price crash. Imagine the amount of hate Barry Silbert, Erik Voorhees, Jeff Garzik etc will get. Let's just wait and see what happens after august 23th.
I don't think that those people from NYA are going to care about the hate, but it's likely that miners will back off from 2x fork, maybe not all, but at least half, probably. The real Bitcoin, developed by Core is very valuable, and this conspiracy to replace Core will sure crash the price, if it will have significant support from miners and companies. Mining Bitcoin will be less profitable, and mining 2x chain will be even worse, so why should miners fork if they are not gaining anything from it? Larger blocks would sure help those companies and miners, but the effect of price crash will outweigh any gains by a huge margin.
SegWit2x developers and miners are not backing down from their intention to hardfork in November, while the upcoming update for Bitcoin Core client will be automatically disconnecting SegWit2x nodes.
The possibility of chain split looks very high, which raises a few questions.
How exchanges will be naming Bitcoin chains after split - will they name one as a Bitcoin, or rename both to something like Bitcoin Core and Bitcoin2x?
What will be the prices for those coins? How their value will change after a few months?
Will combined value of both coins increase or decrease?
I do not think the exchanges are going to rename the original coin in any way or form, bitcoin is just bitcoin and that is never going to change, the ones that need remaining are the altcoins based on bitcoin, personally I will prefer B2X for the name of the coin or its symbol because after a hard fork that coin is no longer bitcoin but something else, an altcoin.The possibility of chain split looks very high, which raises a few questions.
How exchanges will be naming Bitcoin chains after split - will they name one as a Bitcoin, or rename both to something like Bitcoin Core and Bitcoin2x?
What will be the prices for those coins? How their value will change after a few months?
Will combined value of both coins increase or decrease?
This y would not do that for ever. Renaming a bitcoin's name will destroy the reputation and some people heard a but would not consider this a btc in future. We need to think in all the view.
Since segwit has activated this time, bitcoin value has been increased more than 1000$, I expect it will touch next peak value again when we are peak value now.
Let's just wait I see. Im sure miners will defect from the NYA agreement, Bitfury will be one of the first, and once one deffects, other will follow.
A lot of people have learned a lesson with the Bitcoin Cash disaster. Everyone that got involved in mining Bitcoin Cash has lost millions compared to if they kept missing the legacy chain.
Everyone involved in segwit2x will be responsible for the price crash. Imagine the amount of hate Barry Silbert, Erik Voorhees, Jeff Garzik etc will get. Let's just wait and see what happens after august 23th.
A lot of people have learned a lesson with the Bitcoin Cash disaster. Everyone that got involved in mining Bitcoin Cash has lost millions compared to if they kept missing the legacy chain.
Everyone involved in segwit2x will be responsible for the price crash. Imagine the amount of hate Barry Silbert, Erik Voorhees, Jeff Garzik etc will get. Let's just wait and see what happens after august 23th.
It's a game of chicken, except on the very day the agreement was announced some of the people who agreed to it said that they kinda hadn't so they're already halfway out the door.
If they felt that way on the day, their confidence in it certainly won't have grown as time passes. The Segwit bit was simple enough. The other bit, rather less so.
Nothing bad happened after the BCC split, in fact the price increased and we even got free coins.
So I guess there will be nothing bad in a SegWit2x fork, and we will have more free coins to hold.
So I guess there will be nothing bad in a SegWit2x fork, and we will have more free coins to hold.
There certainly will be if the present percentage of miners pushes it through. Corecoin would have to change PoW to stand a chance of being usable. It would slow to a crawl if it lost that much mining power.
Bitfury is already having second thoughts about the New York Agreement. You will see the first mining camps start defecting from the agreement after segwit locks in.
In any case, it's irrelevant. Whales will dump on GarzikCoin, killing the price and thus forcing them to go back to mining the legacy chain. GarzikCoin doesn't stand a chance and will become another dumb altcoin, and everyone involved will be forever hated because they will be responsible of crashing the price in the middle of an all time high for no reason other than rushing a hardfork for an unnecessary blocksize increase while putting Jeff Garzik, someone that works in a blockchain spying tool, in charge.
I think that if Core is resolute about opposing the November fork, that there will be many defectors from the NYA agreement. I don't think anyone really wants a big network split, so if some major signatories back out, we could see a major pushback against the entire Segwit2x plan.
On the other hand, we could have the forces of major miners / chip producers like Bitmain and major businesses who want cheap on-chain fees (like Bitpay) pushing for a fork. It'll be interesting to see what happens as we approach November.
Let's just wait I see. Im sure miners will defect from the NYA agreement, Bitfury will be one of the first, and once one deffects, other will follow.
A lot of people have learned a lesson with the Bitcoin Cash disaster. Everyone that got involved in mining Bitcoin Cash has lost millions compared to if they kept missing the legacy chain.
Everyone involved in segwit2x will be responsible for the price crash. Imagine the amount of hate Barry Silbert, Erik Voorhees, Jeff Garzik etc will get. Let's just wait and see what happens after august 23th.
Nothing bad happened after the BCC split, in fact the price increased and we even got free coins.
So I guess there will be nothing bad in a SegWit2x fork, and we will have more free coins to hold.
So I guess there will be nothing bad in a SegWit2x fork, and we will have more free coins to hold.
There certainly will be if the present percentage of miners pushes it through. Corecoin would have to change PoW to stand a chance of being usable. It would slow to a crawl if it lost that much mining power.
Bitfury is already having second thoughts about the New York Agreement. You will see the first mining camps start defecting from the agreement after segwit locks in.
In any case, it's irrelevant. Whales will dump on GarzikCoin, killing the price and thus forcing them to go back to mining the legacy chain. GarzikCoin doesn't stand a chance and will become another dumb altcoin, and everyone involved will be forever hated because they will be responsible of crashing the price in the middle of an all time high for no reason other than rushing a hardfork for an unnecessary blocksize increase while putting Jeff Garzik, someone that works in a blockchain spying tool, in charge.
I think that if Core is resolute about opposing the November fork, that there will be many defectors from the NYA agreement. I don't think anyone really wants a big network split, so if some major signatories back out, we could see a major pushback against the entire Segwit2x plan.
On the other hand, we could have the forces of major miners / chip producers like Bitmain and major businesses who want cheap on-chain fees (like Bitpay) pushing for a fork. It'll be interesting to see what happens as we approach November.
Nothing bad happened after the BCC split, in fact the price increased and we even got free coins.
So I guess there will be nothing bad in a SegWit2x fork, and we will have more free coins to hold.
So I guess there will be nothing bad in a SegWit2x fork, and we will have more free coins to hold.
There certainly will be if the present percentage of miners pushes it through. Corecoin would have to change PoW to stand a chance of being usable. It would slow to a crawl if it lost that much mining power.
Bitfury is already having second thoughts about the New York Agreement. You will see the first mining camps start defecting from the agreement after segwit locks in.
In any case, it's irrelevant. Whales will dump on GarzikCoin, killing the price and thus forcing them to go back to mining the legacy chain. GarzikCoin doesn't stand a chance and will become another dumb altcoin, and everyone involved will be forever hated because they will be responsible of crashing the price in the middle of an all time high for no reason other than rushing a hardfork for an unnecessary blocksize increase while putting Jeff Garzik, someone that works in a blockchain spying tool, in charge.
SegWit2x developers and miners are not backing down from their intention to hardfork in November, while the upcoming update for Bitcoin Core client will be automatically disconnecting SegWit2x nodes.
The possibility of chain split looks very high, which raises a few questions.
How exchanges will be naming Bitcoin chains after split - will they name one as a Bitcoin, or rename both to something like Bitcoin Core and Bitcoin2x?
What will be the prices for those coins? How their value will change after a few months?
Will combined value of both coins increase or decrease?
I do not think the exchanges are going to rename the original coin in any way or form, bitcoin is just bitcoin and that is never going to change, the ones that need remaining are the altcoins based on bitcoin, personally I will prefer B2X for the name of the coin or its symbol because after a hard fork that coin is no longer bitcoin but something else, an altcoin. The possibility of chain split looks very high, which raises a few questions.
How exchanges will be naming Bitcoin chains after split - will they name one as a Bitcoin, or rename both to something like Bitcoin Core and Bitcoin2x?
What will be the prices for those coins? How their value will change after a few months?
Will combined value of both coins increase or decrease?
This debate seems will never end regards bitcoin scale solution, and if segwit2x really force 2Mb hard fork and chain split happen, then its name should be different from just "Bitcoin", so people will recognize it and hopefully we could get another free coin. Well, we do know what will happen with free coin on arrival when exchanges allows it being traded. BItcoin may fall to $3000 - $2200 as the lowest price.
In the worst case (unlike with Bitcoin Cash), there could be great contention about which coin is Bitcoin after the November fork. I think it's difficult to argue that legacy Bitcoin could be anything but Bitcoin. But there are massive business interests (wallets, exchanges, services, miners, mining chip producers and even GBTC's creator) backing Segwit2x. They have a lot of pull from a PR standpoint, and they have a lot of money to market their coin.
Interestingly, the implementation is called "BTC1." I wonder why that is?
This debate seems will never end regards bitcoin scale solution, and if segwit2x really force 2Mb hard fork and chain split happen, then its name should be different from just "Bitcoin", so people will recognize it and hopefully we could get another free coin. Well, we do know what will happen with free coin on arrival when exchanges allows it being traded. BItcoin may fall to $3000 - $2200 as the lowest price.
Nothing bad happened after the BCC split, in fact the price increased and we even got free coins.
So I guess there will be nothing bad in a SegWit2x fork, and we will have more free coins to hold.
So I guess there will be nothing bad in a SegWit2x fork, and we will have more free coins to hold.
There certainly will be if the present percentage of miners pushes it through. Corecoin would have to change PoW to stand a chance of being usable. It would slow to a crawl if it lost that much mining power.
Indeed. The BCC chain had so little hash power (and accounted for it with the emergency difficulty readjustment) that it was widely viewed as an altcoin. The November fork may test the premise of whether any hard fork is an altcoin in the eyes of most of the network. And if miners decide to hard fork to 2x (or 8x as the case may be), then we may have two altcoins -- Core (POW change fork) and Segwit2x. What a shitshow that would be...
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