It is hard to speculate on what to do because so much of the market is impatient and just goes with the herd. Real question to be asking is which way is the herd going to go and once you figure that out go with it. Seems too hard to try and time
when things will turn around but I agree with #1 if you just hodl you should be fine in a few months time
Topic: Lessons learned from BTC fork on July, 2017=> SEGWIT2X on 11/2017 (Read 349 times)
October 05, 2017, 03:21:59 PM
Maybe they want you to think that way? they have forked Bitcoin for many times already, the only advantage the last one had was the backing of the largest pool, remember though nothing can be done to your Bitcoins, they can double spend Bitcoins all they want, but they will never spend it on the same chain, if they are willing to pay you for a double spend coin then take it and walk, staying is what they want you to do. every body hates double spent coins, a fork such as BCH was a double spent, they are forcing you to like it.
The masses ultimately decide which survives. There are cases where the original prevailed and there are some where the fork won.
We will see...
October 05, 2017, 03:15:59 PM
Maybe they want you to think that way? they have forked Bitcoin for many times already, the only advantage the last one had was the backing of the largest pool, remember though nothing can be done to your Bitcoins, they can double spend Bitcoins all they want, but they will never spend it on the same chain, if they are willing to pay you for a double spend coin then take it and walk, staying is what they want you to do. every body hates double spent coins, a fork such as BCH was a double spent, they are forcing you to like it.
October 05, 2017, 11:27:37 AM
Hi, OP :
Does in this second segwit we are going to get BCH or is going to create a third altcoin if it success ? I'm preparing myself this time and will hold BTC in offline wallet but I would like to know what about what's going to happen with the split.
No one really knows. Does in this second segwit we are going to get BCH or is going to create a third altcoin if it success ? I'm preparing myself this time and will hold BTC in offline wallet but I would like to know what about what's going to happen with the split.
I believe the goal is to implement SEGWIT2X with majority acceptance (no fork). However, judging from the rumors/reactions...it is likely there will be another major fork...BTC legacy and BTC segwit2x (just names I use to differentiate the two). Who will retain the BTC name is also a big question.
October 05, 2017, 11:00:28 AM
I don’t think anyone truly knows what will happen but I for one will be buying more BTC in the next week or two to stock up. I am also going to hold all my altcoins in the event the opposite happens I have a bit of a hedge so I don’t lose a ton. I’m cautiously optimistic about what will happen after 1 November but whatever does should be an overall positive change for BTC as a whole.
October 05, 2017, 10:54:18 AM
With segwit2x on November 2017 , i can see bitcoin 's price will increase +6000 .
After segwit august 2017 , bitcoin cash was born and bitcoin price increase $3000 to $4200 and surely at this point . i think we keep holding bitcoin and reward bounty.
Agree bitcoin will be 6000, and the airdrop of btc gold segwit2x will be make me millionare in one day. sell btc gold at the highest price to get as much as btc then keep the BTC and leave btc gold. That's great airdrop of new altcoin. there will be more fork after that. After segwit august 2017 , bitcoin cash was born and bitcoin price increase $3000 to $4200 and surely at this point . i think we keep holding bitcoin and reward bounty.
October 05, 2017, 10:49:51 AM
Segwit2x hard fork is coming this November, are you prepared to take advantage of the opportunities?
There are 3 major camps (train of though) here;
1. HODL coins/alts and do nothing.
2. Sell all alts and HODL BTC in your own wallet (not in exchange) to take advantage of the double coin.
3. Sell all alts and BTC and covert to US dollar ($) during the high and re-purchase BTC when it dips
On 9/1 BTC was about $4,900 then it dipped to as low as $2,890 on 9/15. If you sold your BTC at the peak and re-purchased at the low...you would have almost doubled your money/coin. Of course that perfect scenario is almost impossible to time so factor that in.
Knowing these...what will you do this November?
There is no right or wrong approach, results will vary and honestly, I will likely do a combination of all 3.
There are 3 major camps (train of though) here;
1. HODL coins/alts and do nothing.
2. Sell all alts and HODL BTC in your own wallet (not in exchange) to take advantage of the double coin.
3. Sell all alts and BTC and covert to US dollar ($) during the high and re-purchase BTC when it dips
On 9/1 BTC was about $4,900 then it dipped to as low as $2,890 on 9/15. If you sold your BTC at the peak and re-purchased at the low...you would have almost doubled your money/coin. Of course that perfect scenario is almost impossible to time so factor that in.
Knowing these...what will you do this November?
There is no right or wrong approach, results will vary and honestly, I will likely do a combination of all 3.
Hi, OP :
Does in this second segwit we are going to get BCH or is going to create a third altcoin if it success ? I'm preparing myself this time and will hold BTC in offline wallet but I would like to know what about what's going to happen with the split.
October 05, 2017, 10:46:30 AM
Hodl. May be I would transfer it in exchange so I can reap the benefits faster. When cash came it tooks a long time before exchanges started accepting them and then it took forever to transfer.
October 05, 2017, 10:18:30 AM
With segwit2x on November 2017 , i can see bitcoin 's price will increase +6000 .
After segwit august 2017 , bitcoin cash was born and bitcoin price increase $3000 to $4200 and surely at this point . i think we keep holding bitcoin and reward bounty.
After segwit august 2017 , bitcoin cash was born and bitcoin price increase $3000 to $4200 and surely at this point . i think we keep holding bitcoin and reward bounty.
October 05, 2017, 09:57:44 AM
This is just a statement of fact that was. We saw the long fall already. Are you sure that bitcoin will go up? Maybe this time will be different tactic? I would only agree that you need to keep coins in order not to lose them in the event of a system failure. Everything else is just guesswork. Maybe after the fork will be the opposite drop.
October 05, 2017, 09:50:54 AM
Segwit2x hard fork is coming this November, are you prepared to take advantage of the opportunities?
There are 3 major camps (train of though) here;
1. HODL coins/alts and do nothing.
2. Sell all alts and HODL BTC in your own wallet (not in exchange) to take advantage of the double coin.
3. Sell all alts and BTC and covert to US dollar ($) during the high and re-purchase BTC when it dips
On 9/1 BTC was about $4,900 then it dipped to as low as $2,890 on 9/15. If you sold your BTC at the peak and re-purchased at the low...you would have almost doubled your money/coin. Of course that perfect scenario is almost impossible to time so factor that in.
Knowing these...what will you do this November?
There is no right or wrong approach, results will vary and honestly, I will likely do a combination of all 3.
There are 3 major camps (train of though) here;
1. HODL coins/alts and do nothing.
2. Sell all alts and HODL BTC in your own wallet (not in exchange) to take advantage of the double coin.
3. Sell all alts and BTC and covert to US dollar ($) during the high and re-purchase BTC when it dips
On 9/1 BTC was about $4,900 then it dipped to as low as $2,890 on 9/15. If you sold your BTC at the peak and re-purchased at the low...you would have almost doubled your money/coin. Of course that perfect scenario is almost impossible to time so factor that in.
Knowing these...what will you do this November?
There is no right or wrong approach, results will vary and honestly, I will likely do a combination of all 3.
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