There is still time left and I do not think the segwit2x fork is completely priced in already, since there may be more news that may affect whether the fork is going to happen at all.
Oh yes. From what I've read, it sounds like there's still a lot of uncertainty. There appears to be a contingent of veteran bitcoiners who seem to be sure that segwit2x doesn't stand a chance. They make some good points, and I hope they're right. While I want faster transactions and lower fees, I think the best thing for bitcoin would be for segwit2x to die a very quick death (or at least show that it's not going to replace BTC). Market price will probably determine everything. And while B2X futures spiked to around 1/3 of a bitcoin a few days ago, they've steadily declined back to around 1/5 since then. As long as the price of B2X doesn't support many miners, it won't take hold. 
Topic: Is B2X already priced in? (Read 1408 times)
There is still time left and I do not think the segwit2x fork is completely priced in already, since there may be more news that may affect whether the fork is going to happen at all.
For sure,a big confusion is awaiting for the bitcoin community this month when segwit 2x will be activated.
Definitely,new investors would get totally confused about which would be the true bitcoin.
New investors definitely stand a good chance of getting confused, but even veterans may have some issues. It's taken me some time to get a handle on all the aspects of the fork and the politics behind it.Definitely,new investors would get totally confused about which would be the true bitcoin.
It would affect the reputation of bitcoin.
This, I think, will depend on which fork "wins." If BTC continues to dominate, it will likely get even stronger as this ordeal will instill confidence in its resiliency. If B2X wins, it may severely damage the reputation of bitcoin as such an event will be seen by many as a hostile takeover/coup.The aspect which is worrying is that segwit 2x has almost 85% of hash rate.
While many miners and merchants have indicated support, such support may evaporate quickly if the rest of the community doesn't follow.
For sure,a big confusion is awaiting for the bitcoin community this month when segwit 2x will be activated.
Definitely,new investors would get totally confused about which would be the true bitcoin.
It would affect the reputation of bitcoin.
The aspect which is worrying is that segwit 2x has almost 85% of hash rate.
If segwit 2x does not get majority of support,then bitcoin price would skyrocket.
But if segwit 2x gets major support and replaces legacy bitcoin,then bitcoin may start slowly losing the trust which it has gained over the past eight years.
Definitely,new investors would get totally confused about which would be the true bitcoin.
It would affect the reputation of bitcoin.
The aspect which is worrying is that segwit 2x has almost 85% of hash rate.
If segwit 2x does not get majority of support,then bitcoin price would skyrocket.
But if segwit 2x gets major support and replaces legacy bitcoin,then bitcoin may start slowly losing the trust which it has gained over the past eight years.
A lot of people are saying that segwitx2 is not going to have a replay action, and per every bitcoin you send, you are going to send a b2x coin, so there are no free coins at all since you are going to have them masked on your wallet. They are a garbage, i always knew that their developers were greedy as fuck, and i was not wrong with that prediction because the whole community knows that at the moment.
it is probably one of the worst forks that have ever existed.
I was doing some research on replay protection last night, and my understanding of it is that without replay protection, it's possible, but not guaranteed, that sending coins on one branch of the fork will cause them to be sent on the other. Replay protection just guarantees that that can't happen. I also read that there are ways around this so that if you are careful and know what you're doing, you can ensure that a transaction on one chain won't show up on the other. However, I don't yet understand what needs to be done. I suggest doing your own research to understand all of this better. it is probably one of the worst forks that have ever existed.
A lot of people are saying that segwitx2 is not going to have a replay action, and per every bitcoin you send, you are going to send a b2x coin, so there are no free coins at all since you are going to have them masked on your wallet. They are a garbage, i always knew that their developers were greedy as fuck, and i was not wrong with that prediction because the whole community knows that at the moment.
it is probably one of the worst forks that have ever existed.
it is probably one of the worst forks that have ever existed.
I'm not sure that the futures market is going to be a good indicator here.
Not really. Price of futures and the actual exchange rates will never be able to match correctly, which shouldn't be anything surprising. I am quite sure that the actual price of the split tokens will be higher than what you see on the future markets. Don't forget that BCH initially crossed the 0.4 BTC level, tanked badly to below 0.10 BTC, and then went back up to +0.20 BTC. SegWit2x by a great distance is a far more important fork, where I expect it to have a much higher value, at least in the early period. For that reason I believe that in the last week before the fork people will hoard Bitcoin. So no, I don't believe SegWit2x is already priced in.
There's already a few exchanges starting to trade B2X.
If we look at the previous few major forks(BCC, BTG, etc.), then when they happened bitcoin actually didn't move much at all. For BTG it was a small fall in price that was later recovered pretty soon. For BCC it actually rose.
It'll depend on the exact market conditions going into the fork.
If we look at the previous few major forks(BCC, BTG, etc.), then when they happened bitcoin actually didn't move much at all. For BTG it was a small fall in price that was later recovered pretty soon. For BCC it actually rose.
It'll depend on the exact market conditions going into the fork.
Bitcoin Cash and Bitcoin Gold -- neither are good precedents here. The reason BTC rallied in late July/August was because of BIP91 and resolution of the BIP148 chain split threat. BCH was just a sideshow altcoin. BTG is even more of a sideshow... it hasn't even launched and people are increasingly not taking it seriously at all. BCH has replay protection and BTG is supposed to.
That's quite a bit different than B2X, which has no replay protection and is backed by much more of the ecosystem. There could be a very messy split, and I'm not sure that the futures market is totally pricing in all the possibilities right now.
Agreed--this is going to be a much bigger deal. I'm not sure that the futures market is going to be a good indicator here. Unless it starts to become fairly clear who's going to go which way when we get closer to the fork, pricing is going to be pure speculation. B2X futures volatility may make bitcoin's price action look calm by the time everything settles.
There's already a few exchanges starting to trade B2X.
If we look at the previous few major forks(BCC, BTG, etc.), then when they happened bitcoin actually didn't move much at all. For BTG it was a small fall in price that was later recovered pretty soon. For BCC it actually rose.
It'll depend on the exact market conditions going into the fork.
If we look at the previous few major forks(BCC, BTG, etc.), then when they happened bitcoin actually didn't move much at all. For BTG it was a small fall in price that was later recovered pretty soon. For BCC it actually rose.
It'll depend on the exact market conditions going into the fork.
Bitcoin Cash and Bitcoin Gold -- neither are good precedents here. The reason BTC rallied in late July/August was because of BIP91 and resolution of the BIP148 chain split threat. BCH was just a sideshow altcoin. BTG is even more of a sideshow... it hasn't even launched and people are increasingly not taking it seriously at all. BCH has replay protection and BTG is supposed to.
That's quite a bit different than B2X, which has no replay protection and is backed by much more of the ecosystem. There could be a very messy split, and I'm not sure that the futures market is totally pricing in all the possibilities right now.
There's already a few exchanges starting to trade B2X.
If we look at the previous few major forks(BCC, BTG, etc.), then when they happened bitcoin actually didn't move much at all. For BTG it was a small fall in price that was later recovered pretty soon. For BCC it actually rose.
It'll depend on the exact market conditions going into the fork.
If we look at the previous few major forks(BCC, BTG, etc.), then when they happened bitcoin actually didn't move much at all. For BTG it was a small fall in price that was later recovered pretty soon. For BCC it actually rose.
It'll depend on the exact market conditions going into the fork.
Yes, i saw this and the actual price of bitcoin segwitx2 is listed at $1000 each one, on the future's market.
But i am a little bit worried about what you have wrote in there, you are right about everything, but i dont think that it is available to sell and buy (the real coins, right, not the futures)
We only have to wait, there is nothing we can do, but i am sure that i will receive those free coins, this is probably what most of us wants.
But i am a little bit worried about what you have wrote in there, you are right about everything, but i dont think that it is available to sell and buy (the real coins, right, not the futures)
We only have to wait, there is nothing we can do, but i am sure that i will receive those free coins, this is probably what most of us wants.
My guess is that B2X is not fully priced in yet...actually, maybe not much at all, given how few seem to be sure about what's going to happen. In order to price something in, the market participants need to have enough conviction about the outcome to trade what they believe will happen ahead of time (even if they're wrong). Most people seem very uncertain, very confused, or both. While I'm slowly working to clear up my confusion, I continue to be uncertain about what's going to happen.
Hi
B2X is already trading on HitBTC and not only.
Please see the video for more details:
https://www.youtube.com/watch?v=vF7heYZWVO8
Regards, Marcin
B2X is already trading on HitBTC and not only.
Please see the video for more details:
https://www.youtube.com/watch?v=vF7heYZWVO8
Regards, Marcin
For my opinion yes its priced in but we have too many issues which not priced yet.
Trump-Korea-Europe etc. these are not priced in and we will see a big rise while we have these problems
Trump-Korea-Europe etc. these are not priced in and we will see a big rise while we have these problems
What exchanges support b2x ?
So far only Bitfinex is supporting B2X futures trade, at least from what I'm aware of. Not sure if others will follow that path, especially since BCH futures trading was also only offered by a handful of exchanges.
Apart from that, it's probably still too early to tell. While most exchanges promised to support noteworthy forks, many also stated that they would only support forks that also include a proper replay protection.
So who knows. Maybe B2X still adds proper replay protection. Maybe exchanges find a way to securely handle both chains. Maybe B2X will get listed on only a handful of exchanges due to lack of replay protection. The latter would be a major throwback to B2X's claim to legitimacy, however.
What exchanges support b2x ?
So far only Bitfinex is supporting B2X futures trade, at least from what I'm aware of. Not sure if others will follow that path, especially since BCH futures trading was also only offered by a handful of exchanges.
Apart from that, it's probably still too early to tell. While most exchanges promised to support noteworthy forks, many also stated that they would only support forks that also include a proper replay protection.
So who knows. Maybe B2X still adds proper replay protection. Maybe exchanges find a way to securely handle both chains. Maybe B2X will get listed on only a handful of exchanges due to lack of replay protection. The latter would be a major throwback to B2X's claim to legitimacy, however.
What exchanges support b2x ?
Looks like the segwit2x people have caved and are now adding replay protection:
https://www.reddit.com/r/Bitcoin/comments/7597ji/did_s2x_really_just_hardfork_out_their_replay/
see also
https://github.com/btc1/bitcoin/commit/a3c41256984bf11d95a560ae89c0fcbadfbe73dc#commitcomment-24828658
This makes it more likely that both chains will be listed on all the exchanges.
You just posted a link to a reddit thread that links to a commit where they reverted their "replay protection" which is opt-in. Which means that you last line is contradicting with the rest of your post.https://www.reddit.com/r/Bitcoin/comments/7597ji/did_s2x_really_just_hardfork_out_their_replay/
see also
https://github.com/btc1/bitcoin/commit/a3c41256984bf11d95a560ae89c0fcbadfbe73dc#commitcomment-24828658
This makes it more likely that both chains will be listed on all the exchanges.
They don't have any replay protection, which makes it harder to get B2X included on exchanges.
Looks like the segwit2x people have caved and are now adding replay protection:
https://www.reddit.com/r/Bitcoin/comments/7597ji/did_s2x_really_just_hardfork_out_their_replay/
see also
https://github.com/btc1/bitcoin/commit/a3c41256984bf11d95a560ae89c0fcbadfbe73dc#commitcomment-24828658
This makes it more likely that both chains will be listed on all the exchanges.
https://www.reddit.com/r/Bitcoin/comments/7597ji/did_s2x_really_just_hardfork_out_their_replay/
see also
https://github.com/btc1/bitcoin/commit/a3c41256984bf11d95a560ae89c0fcbadfbe73dc#commitcomment-24828658
This makes it more likely that both chains will be listed on all the exchanges.
Its been priced in but there will be some rise in price all the way up to middle of November. Its a good chance to buy at below $5000 currently and dump it at $6000.
The 4k pricing is consolidating now.
The 4k pricing is consolidating now.
Jump to: