Ive hedged with Bitcoin Cash (BCH)
https://www.yours.org/content/predicting-the-outcome-of-the-november-bitcoin-fork-89914ce0e1f5/?utm_content=bufferf3dec&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://news.bitcoin.com/fork-watch-the-chain-with-less-hashrate-could-come-to-a-screeching-halt/
Topic: How are you hedging the upcoming Segwit2x fork? (Read 1744 times)
the best hedge is to hold them both and not to make a sell decision before a winner is announced. Personally I want a chain that have devs to support it and a roadmap that can not be controlled by any parties but actual users, there is unfortunately not going to see a compromise in the coming days so we might have to brace for impact.
So much FUD around the hardfork again. My personal view on this - don’t fall into panic and keep calm. Overall, we got beyond the previous fork without serious consequences. I am not planning to sell out or something; will keep my btc as usual, hoping for new free coins. 
This is what I’m doing as well, people love the forks because it allows them to speculate for months about the price of bitcoin and this new forked coin but I’m the kind of guy that just prefers to avoid risks, I’m going to keep holding my bitcoin and if the miners keep forking bitcoin and they want to give to me free coins then who I am to refuse free money.This isn't free money, it is diluting the market of BTC everytime there's a fork. Your BTC's value just got split into two coins instead of one. If you forked BTC 100 times, the sum total of all the forks would be the worth of a single BTC chain. These forks are not a good thing and people need to stop thinking about this like it's 'Free' coins, it's not. At the moment, the market is pricing in around an $800 decline in BTC due to this fork since it's pricing in around an $800 price for B2X. In other words, everyone is going to pay for this new Bitcoin chain whether they want to or not.
https://www.bitfinex.com/stats
Sure, you are right. I am not keeping all in one place. But I still have some on cex as it notifies about 2x support https://blog.cex.io/news/segwit2x-bitcoin-gold-16616
It’s up to you of course. And given the replies above, you are definitely not alone So much FUD around the hardfork again. My personal view on this - don’t fall into panic and keep calm. Overall, we got beyond the previous fork without serious consequences. I am not planning to sell out or something; will keep my btc as usual, hoping for new free coins.
No one knows what might be this time. As people here say - don’t keep it in one place and it would better not be an exchange. There were many major platforms such as bitstamp or coinbase that didn’t accept bch at the beginning. And even if they did eventually, the situation was absolutely uncertain before AUG1st.Sure, you are right. I am not keeping all in one place. But I still have some on cex as it notifies about 2x support https://blog.cex.io/news/segwit2x-bitcoin-gold-16616
No, what would be the reason for that? There is nothing to worry about, just like the last time and the time before that. So, what can you say to these people that is going tom scare them more than the facts are going to show them? There may have been ways that the people could be manipulated a few weeks back, but this is just not going to happen this time and there is nothing that you can do to change that, but keep trying.
I am so done with forks.. this one I still havent decided what to do though because this one will probably trade for a larger amount than the BTC gold.. although with that said.. enough's enough. Starting to really hurt the branding of the coin itself.
So much FUD around the hardfork again. My personal view on this - don’t fall into panic and keep calm. Overall, we got beyond the previous fork without serious consequences. I am not planning to sell out or something; will keep my btc as usual, hoping for new free coins.
This is what I’m doing as well, people love the forks because it allows them to speculate for months about the price of bitcoin and this new forked coin but I’m the kind of guy that just prefers to avoid risks, I’m going to keep holding my bitcoin and if the miners keep forking bitcoin and they want to give to me free coins then who I am to refuse free money.This isn't free money, it is diluting the market of BTC everytime there's a fork. Your BTC's value just got split into two coins instead of one. If you forked BTC 100 times, the sum total of all the forks would be the worth of a single BTC chain. These forks are not a good thing and people need to stop thinking about this like it's 'Free' coins, it's not. At the moment, the market is pricing in around an $800 decline in BTC due to this fork since it's pricing in around an $800 price for B2X. In other words, everyone is going to pay for this new Bitcoin chain whether they want to or not.
https://www.bitfinex.com/stats
So much FUD around the hardfork again. My personal view on this - don’t fall into panic and keep calm. Overall, we got beyond the previous fork without serious consequences. I am not planning to sell out or something; will keep my btc as usual, hoping for new free coins.
No one knows what might be this time. As people here say - don’t keep it in one place and it would better not be an exchange. There were many major platforms such as bitstamp or coinbase that didn’t accept bch at the beginning. And even if they did eventually, the situation was absolutely uncertain before AUG1st.
So much FUD around the hardfork again. My personal view on this - don’t fall into panic and keep calm. Overall, we got beyond the previous fork without serious consequences. I am not planning to sell out or something; will keep my btc as usual, hoping for new free coins.
This is what I’m doing as well, people love the forks because it allows them to speculate for months about the price of bitcoin and this new forked coin but I’m the kind of guy that just prefers to avoid risks, I’m going to keep holding my bitcoin and if the miners keep forking bitcoin and they want to give to me free coins then who I am to refuse free money.
So much FUD around the hardfork again. My personal view on this - don’t fall into panic and keep calm. Overall, we got beyond the previous fork without serious consequences. I am not planning to sell out or something; will keep my btc as usual, hoping for new free coins.
Now I'm out of altcoins. Only 15% btc and 85% teether USD. I'm planing to buy btc just before 25 October and make good profit 
And why did you have so much of your money on USDT? Bitcoin has gone up consistently for the past weeks, it was obvious that as the fork got closer that the price was going to go up what you have done has cost you money maybe you are going to get a profit in terms of dollars but if you had kept most of your money in bitcoin then you could have made way bigger earnings than the ones you are going to make. To mitigate the risk, it's probably best to have part of your money in Bitcoin and part in other well established coins like Ethereum for example. By keeping BTC you might win some free coins, but also loose quite a bit of money if it goes badly.
you are a crazyhead. alts are about to meet their day of reckoning.
what does a $400 eth do any better than a 50c eth?
alts are not a hedge. they're a bet on top of a bet. if you want to hedge then use dollars, and real ones, not usdt.
regarding the original question, there won't be a fork and so there's no need to hedge.
There may still be a fork, but the rhetoric has changed quite a bit from when I first posted this. BTC is exploding higher, the alts are being destroyed. More NYA signatories are reversing or at least toning down their original position on 2x. I haven't placed any hedges yet and I don't think I'm going to now.
To mitigate the risk, it's probably best to have part of your money in Bitcoin and part in other well established coins like Ethereum for example. By keeping BTC you might win some free coins, but also loose quite a bit of money if it goes badly.
you are a crazyhead. alts are about to meet their day of reckoning.
what does a $400 eth do any better than a 50c eth?
alts are not a hedge. they're a bet on top of a bet. if you want to hedge then use dollars, and real ones, not usdt.
regarding the original question, there won't be a fork and so there's no need to hedge.
I am going to hedge this event with my Ethereum bag and some other altcoins like waves or stratis. They could show up some nice movesments with the upcoming hardfork!
Bitcoin Gold intends to completely change the mining algorithm that currently exists in Bitcoin. The idea is to exit the SHA256 algorithm, which requires ASIC supercomputers to be processed, for Equihash, which will require GPU-type computers.
With this, BTG proponents believe that it will be possible to keep the mining process more decentralized. That is, the verification and validation of the transactions in the network can be done by less sophisticated processors and, consequently, by more technology users. The original Bitcoin mining is currently dominated by large mining companies because of the scale required to perform this type of activity and is about 80% concentrated in the hands of Chinese entrepreneurs.
With this, BTG proponents believe that it will be possible to keep the mining process more decentralized. That is, the verification and validation of the transactions in the network can be done by less sophisticated processors and, consequently, by more technology users. The original Bitcoin mining is currently dominated by large mining companies because of the scale required to perform this type of activity and is about 80% concentrated in the hands of Chinese entrepreneurs.
Didnt Litecoin do that a looong time ago. Forked bitcoin and used scrypt. Why are BTG making a big deal about this new coin as if it is the lightbulb answer to the chinese miner dominance.
I think, I am not going to ride it like every other investor.
It may not effect me much.
It may not effect me much.
To mitigate the risk, it's probably best to have part of your money in Bitcoin and part in other well established coins like Ethereum for example. By keeping BTC you might win some free coins, but also loose quite a bit of money if it goes badly.
Ethereum is not a safe haven!
What do you think will happen to the ETH price when the ICO bubble finally bursts?
I am pretty confident that we will see Ether prices under 50 $ per ETH in the
very near future.
To mitigate the risk, it's probably best to have part of your money in Bitcoin and part in other well established coins like Ethereum for example. By keeping BTC you might win some free coins, but also loose quite a bit of money if it goes badly.
Bitcoin has been around long enough for me to believe it will probably make it through this. It would be helpful to have some clarity from the exchanges as to whether they will/still support 2x. If Coinbase and Bitpay drop out, it will probably be another worthless alt with minimal impact.
Believing is not safe. Understanding the situation is better. There has never been a situation like this before.
If you fully understand the difficulty oscillations due to b.cash, then you may have an idea of what lies before us. Consider that even a small difference in mining profitability can make all or most miners change to the other branch. What will you do when there are suddenly only very few bitcoin blocks, very high and unpredictable fees, and lots of stupid and fake news?
I hope that the worst will not happen, but I cannot rule it out.
There will probably be not much clarity before the hard fork.
Jump to: