Fork coming tomorrow, I would withdraw all of your coins from Nitro ASAP

michkima

hero member

Activity: 896

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Quote from: Samarkand on December 28, 2017, 01:57:25 PM

Quote from: An0nyMoose on December 28, 2017, 09:29:38 AM

....
Is there a website? Also, a guy above said something about it not being affiliated with the original 2x or soemthing. Is this definitely a scam or what? I am slightly confuesed about what is going on.

It looks like a scam in my opinion.

1. They are not supported by any of the major wallets (software wallets as well as hardware wallets)
2. No support by the big exchanges, it will only get listed on rather obscure exchanges or exchanges
that literally list every shitcoin
3. Lack of development activity
4. 6M BTC pre-mine according to Github (this fact alone should be a huge red flag)

I don´t think that it makes much sense to claim this fork unless you have a
BTC balance at one of the obscure exchanges anyway.

The bitcoin fork scams are getting out of hand really, this is causing too much problems everywhere. Indeed this is the not original segwit2x fork which the people at the New York Agreement signed because there isn't anyone from that group every advertising this coming fork. It's really getting ridiculous. I do think this is really because of the previous forks that caused this problem.

Samarkand

sr. member

Activity: 658

Merit: 282

Quote from: An0nyMoose on December 28, 2017, 09:29:38 AM

....
Is there a website? Also, a guy above said something about it not being affiliated with the original 2x or soemthing. Is this definitely a scam or what? I am slightly confuesed about what is going on.

It looks like a scam in my opinion.

1. They are not supported by any of the major wallets (software wallets as well as hardware wallets)
2. No support by the big exchanges, it will only get listed on rather obscure exchanges or exchanges
that literally list every shitcoin
3. Lack of development activity
4. 6M BTC pre-mine according to Github (this fact alone should be a huge red flag)

I don´t think that it makes much sense to claim this fork unless you have a
BTC balance at one of the obscure exchanges anyway.

An0nyMoose

sr. member

Activity: 490

Merit: 255

Quote from: KGambler on December 27, 2017, 10:39:50 AM

I would advise withdrawing all of your coins stored on Nitro ASAP. There is a fork coming tomorrow. It's a segwit2x fork to make transactions faster and cheaper and will probably be pretty popular.

I can tell you from bitter experience that they will delay a withdrawal request for about 24 hours if a fork snapshot is coming. I would not wait if you want your segwit2x btc coins.

The resulting coin is already trading north of $1,000.

https://coinmarketcap.com/currencies/segwit2x/

These are futures, the snapshot has not been taken yet so of course no coins have been issued. Also, it appears the developers of B2X plan to not issue the B2X that is associated with Satoshi's known address ("he" has huge holdings) and will instead issue those coins to B2X users.

Nitro will not give you these coins and will try and delay your withdrawal as well.

Thanks for the advice. I had literally no idea this was happeneing. Going to look into it.

Any idea how we get our Segwit2x coins though?

Is there a website? Also, a guy above said something about it not being affiliated with the original 2x or soemthing. Is this definitely a scam or what? I am slightly confuesed about what is going on.

H1X360

newbie

Activity: 34

Merit: 0

Yeah everyone needs to be aware of all the upcoming fork scams. It's truly one of the most disgusting practices in the crypto market right now.
Thanks for making me aware, i had a small amount of coins on there from way back. My wallet will be happy.

sofi@

full member

Activity: 238

Merit: 108

Why are you bothered a lot with the fork this isn't the first time it happen and this isn't the first time wallets will paralyze transactions during the hard fork. I think it's not a good idea taking all your coins out of your waller besides everytime theres a fork many online wallets give equivalent amount for bitcoin you save on them like what happen in bitcoin cash and gold in the end we recieve additional bitcoin which is good so I didn't see any bad thing here.

adaseb

legendary

Activity: 3808

Merit: 1723

This Segwit2x happening tomorrow is a scam.

Its not the same developers as before, its basically another bitcoin clone fork scam which probably has a high premine and will most likely trick investors in the future.

Like its tricking everybody now and everybody wants to withdraw their coins from exchanges.

Even Poloniex has huge margin loan rates because of this scam.

Erza

legendary

Activity: 1078

Merit: 1000

Quote from: KGambler on December 27, 2017, 10:42:17 AM

to be clear, I am talking about Nitrogensports.eu

Here's a discussion of Nitrogen and their behavior with regards to bitcoincash, which is trading for around $3,000 per coin:

https://www.sportsbookreview.com/forum/sportsbooks-industry/3442026-nitrogen-sports-needs-pay-out-bitcoin-cash.html

There's also been discussion here in this forum on Nitrogen's dedicated thread but it's been more sporadic.

I do not think that any site are going for the fork, see big site like primedice and bitsler which never do such things. May be some site apply for this fork which they get everything with them. From what I saw on your link, that person really do not understand about nitrogensport as well, and he just can't bear that they the on holding it. But why he does not get the btc as well and put investment on bch then? This does not make any sense, he place some huge bet but complaining about the bch which is not distributed?

KGambler

full member

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Quote from: yugyug on December 27, 2017, 08:59:15 PM

i think it is normal to hold any withdrawal transaction from any trading and online gambling site when any bitcoin fork is going to launch, this is security purposes and to prevent any transaction failure and losses.

It's only a snapshot that is happening tomorrow, not a hard fork.

Hurry up and withdraw your coins. Do not let them bullshit you.

KGambler

full member

Activity: 236

Merit: 100

Quote from: michkima on December 27, 2017, 06:28:00 PM

Unless Nitrogen is not going to issue you the segwit2x coins, there is really no point in withdrawing.

They are not going to issue the segwit2x coins, thus the post.

Quote from: michkima on December 27, 2017, 06:28:00 PM

Just to inform you, even exchanges disable withdrawal and deposit of bitcoins 24hrs (or even 48hrs) before a fork happens. It's a normal procedure for them to be able to access how much of the altcoin they are going to give out to each user. I do think it is fairly reasonable to do so as it prevents the possibility of over sending the newly created coin.

Which exchanges have disabled withdrawals??? I've heard of such in the past but I think we're over that at this point. BTW, this is a snapshot that is scheduled to occur, not yet a hard fork.

I was able to withdraw from Nitro no problem FWIW. Back when the bitcoin gold snapshot was happening, I tried to withdraw my coins 16 hours before but unfortunately they held my coins for 24 hours. They didn't say it was because a fork was coming, they said it was because it was a large withdrawal and that new procedures meant that large withdrawals would routinely take 24-48 hours going forward.

KGambler

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Quote from: BCT on December 27, 2017, 04:08:29 PM

Why do you mention Nitrogensports only? I guess 99% of bitcoin gambling websites will not give anything after the segwit2x hardfork.

Yes, if you want the forked coins, you should withdraw from any site that will not issue them. Personally I only have coins on Nitro and I have been burned by Nitro twice before on this so that's why I thought of them and wanted to warn people. I think your 99% estimate is a bit overboard. I know Fairlay and SWC Poker paid out bitcoin cash to their customers so it's far from unheard of. Nitrogen is probably the most popular BTC gambling site so it's something I would expect from them considering smaller shops were able to do it.

yugyug

sr. member

Activity: 616

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i think it is normal to hold any withdrawal transaction from any trading and online gambling site when any bitcoin fork is going to launch, this is security purposes and to prevent any transaction failure and losses.

michkima

hero member

Activity: 896

Merit: 514

Unless Nitrogen is not going to issue you the segwit2x coins, there is really no point in withdrawing. Just to inform you, even exchanges disable withdrawal and deposit of bitcoins 24hrs (or even 48hrs) before a fork happens. It's a normal procedure for them to be able to access how much of the altcoin they are going to give out to each user. I do think it is fairly reasonable to do so as it prevents the possibility of over sending the newly created coin.

I am not sure though if Nitrogen is going to give out the fork coin after the fork, so check with them.

BCT

full member

Activity: 213

Merit: 106

Why do you mention Nitrogensports only? I guess 99% of bitcoin gambling websites will not give anything after the segwit2x hardfork.

KGambler

full member

Activity: 236

Merit: 100

to be clear, I am talking about Nitrogensports.eu

Here's a discussion of Nitrogen and their behavior with regards to bitcoincash, which is trading for around $3,000 per coin:

https://www.sportsbookreview.com/forum/sportsbooks-industry/3442026-nitrogen-sports-needs-pay-out-bitcoin-cash.html

There's also been discussion here in this forum on Nitrogen's dedicated thread but it's been more sporadic.

KGambler

full member

Activity: 236

Merit: 100

I would advise withdrawing all of your coins stored on Nitro ASAP. There is a fork coming tomorrow. It's a segwit2x fork to make transactions faster and cheaper and will probably be pretty popular.

I can tell you from bitter experience that they will delay a withdrawal request for about 24 hours if a fork snapshot is coming. I would not wait if you want your segwit2x btc coins.

The resulting coin is already trading north of $1,000.

https://coinmarketcap.com/currencies/segwit2x/

These are futures, the snapshot has not been taken yet so of course no coins have been issued. Also, it appears the developers of B2X plan to not issue the B2X that is associated with Satoshi's known address ("he" has huge holdings) and will instead issue those coins to B2X users.

Nitro will not give you these coins and will try and delay your withdrawal as well.

Topic: Fork coming tomorrow, I would withdraw all of your coins from Nitro ASAP (Read 231 times)