Author

Topic: Buying BTC in before of the hardfork (Read 167 times)

member
Activity: 252
Merit: 10
December 27, 2017, 11:09:05 AM
#8
to get a better understanding:
1) i will buy BTC at an exchange
2) transfer it to my software wallet
3) keep it there during the fork
4) what do i do then to get B2X?
member
Activity: 210
Merit: 26
High fees = low BTC price
December 27, 2017, 11:08:34 AM
#7
it depends on the exchange, whether it supports the hard fork or not.

Well Coinbase & Co will see customers moving elsewhere if they will not list a coins that is popular
as they try to kill segwit off in an effort to avoid having to share the bonus payment with clients who
have a BTC wallet with them and this is why we get so much propaganda about this fork

BTC miners with insane fees will crash the market and send the price down so this new fork tomorrow
is what you call a self inflicted wound if you ask me.

I will not be hold to ransom by these miners and mining is not my thing but even I will run a full
node for segwit if i can on just a I7 laptop so the BTC miners get payback for ripping me off.

Don't push me, I push back!

 
legendary
Activity: 2436
Merit: 1804
guess who's back
December 27, 2017, 11:06:36 AM
#5
in general and even without a fork the bitcoin price atm is great to buy IMO , so for me it makes sense to buy more bitcoins today
you will benefit from the fork and from the price dip ( it was better few days ago but still good IMO )
just make sure to have the coins in your address withing the fork time , cause some exchanges may delay the withdrawal and maybe you won't be able to catch the fork
full member
Activity: 203
Merit: 100
December 27, 2017, 10:58:45 AM
#4
Do you think it is a good idea to buy BTC now (short before the Segwit2X fork) in terms of keeping the BTC and getting 1:1 B2X and make a profit out of the B2X gained "for free"?

Do you mean hardfork as dump of the Bitcoin's price, well if thats what you mean thats good I think, you can have a better amount of profit soon if you buy early as now cause nowadays Bitcoin is cheaper than it could but the upcoming years, we should act like we are running out of time cause the best thing is yet to come.
newbie
Activity: 62
Merit: 0
December 27, 2017, 10:56:40 AM
#3
it depends on the exchange, whether it supports the hard fork or not.
full member
Activity: 602
Merit: 103
December 27, 2017, 10:51:25 AM
#2
The price of bitcoin always increases as soon as the fork could happen. When you just want to get the profit from the forked coin just be sure that you would send it to the proper wallet coz every fork varies on it's conditions. For btc, the price would be higher so when there is a dip a month before or weeks before the fork that time you should buy in because on that short period of time only you can catch get the dip.
member
Activity: 252
Merit: 10
December 27, 2017, 10:44:31 AM
#1
Do you think it is a good idea to buy BTC now (short before the Segwit2X fork) in terms of keeping the BTC and getting 1:1 B2X and make a profit out of the B2X gained "for free"?
Jump to: