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Topic: Segwit2x cancellation discussion - page 4. (Read 2293 times)

full member
Activity: 532
Merit: 187
November 08, 2017, 06:41:37 PM
#34
SegWit2x just added 2k or more to the Bitcoin price in the last few weeks. I think they will try again in a few months, and it will again make the Bitcoin price even higher.
sr. member
Activity: 1400
Merit: 269
November 08, 2017, 06:13:30 PM
#33
Maybe they've just move it or they've finally realize that it's futile and it will become another airdrop that only feed bitcoin and the result will go up in insane heights. If they segwit2x had not been the price of bitcoin should have surpass $8000 cause the community already decided what to hold and that is bitcoin.
full member
Activity: 280
Merit: 100
The Operating System for DAOs
November 08, 2017, 06:05:49 PM
#32
Really great news for me and the entire crypto community. This fork could have been very dangereous to the crypto economy, Congratulations to bitcoin core team and all the community who didnt dump their bitcoins.
legendary
Activity: 1652
Merit: 1483
November 08, 2017, 06:02:35 PM
#31
Because of few guys, people lost thousands, stupid to called it off, when u r so close..

generally, you should never trade fundamental news. you haven't "lost" anything unless you've closed positions or sold your bitcoins. and i hate to say it, but anyone trading B2X futures or trading BTC on high leverage during this period of uncertainty and high volatility probably deserves to lose money. high risk, high reward = sometimes you lose your shirt.

if you held onto your bitcoins, they're worth as much as they were two days ago. and there's a good chance that the uptrend will continue now that the FUD is subsiding.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
November 08, 2017, 05:58:44 PM
#30
Video analysis : https://www.youtube.com/watch?v=D9XlstCRTLM

It will be very interesting to see how the price of bitcoin is affected, I know a lot of people that bought into bitcoin because they wanted the "free coin". It is currently up around 2% however the news is so new that people are likely still analysis it. I know I am personally glad they didn't go through with it, and am very happy with the way the crypto currency community is involved. I like the idea that the community/miners/investors etc can reject it.

What are your thoughts on it?

What free coin? Aren't you mistaking 2x with Bitcoin Gold fork?
There's no free coin here. If that's what is supposedly driving people to buy you all should sell ASAP, before they wake up seeing there was no airdrop Cheesy
As for the fork I thought there was an agreement made months ago to push it through and people were happily buying into a coin that was about to get hard forked and suddenly now they have cold feet. That's cute.

I have seen a lot of people that think there is a "free coin". I am not 100% as to why everyone just got cold feet. We could possibly see something like this again in the future anyway.
member
Activity: 93
Merit: 10
November 08, 2017, 05:34:05 PM
#29
I was waiting for my funds to transfer so I could buy more cheap alt coin.  The alt coins I wanted to buy are already up over $1.50.  There are still some that have gone up yet.  but my funds will not transfer until Monday...
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
November 08, 2017, 05:19:36 PM
#28
I am glad that the fork cancelled as my opinion is that so many forks are just like bumps in the road. And these only delay the growth of bitcoin and good,solid altcoins. Keep your eyes wide and ears open as the ALTCOIN SEASON IS COMING!
newbie
Activity: 50
Merit: 0
November 08, 2017, 05:17:11 PM
#27
I had a look everywhere and I can't find the real reason behind this sudden cancellation?
Was it just a trick from the big guys to raise the btc price? or to lover the altcoins market?
hero member
Activity: 2268
Merit: 709
November 08, 2017, 05:13:34 PM
#26
Very good for this news that I enjoy. Trust in bitcoin is not touched. For those who wanted the biggest block there was bitcoin cash, segwit2x at this point had no reason to be done.
full member
Activity: 266
Merit: 122
November 08, 2017, 05:12:27 PM
#25
It only shows one thing the cancellation of segwit2x is due to the high price bitcoin has and maybe they are preparing for a much marketable coin to introduce in the market it may affects the value of bitcoin and all other alts but I don't think is would be permanent in due time this segwit will come back and will assure us to have a very reasonable introduction in the market, this is a sort of postponement and we don't have to worry surely bitcoin value will not be affected too much by this
hero member
Activity: 782
Merit: 500
November 08, 2017, 05:08:33 PM
#24
Goes to show how much uncertainty there actually is in the cryptoscene, although I do agree in that people are responsible for their own investment choices.
full member
Activity: 378
Merit: 100
November 08, 2017, 05:06:13 PM
#23
I found news about cancellation here
Quote
What info's i got, that they are postponed a segment in November with the aim of upgrading block size to 2MB.
Though under the pretext of a better improvement. The community is still divided between those who agree and not with this.
The lack of a solution between the two can make things worse. In my opinions that behind this Segwit imposed in November this could be because of the interests of certain groups for their own profit.
hero member
Activity: 966
Merit: 507
November 08, 2017, 04:56:43 PM
#22
Because of few guys, people lost thousands, stupid to called it off, when u r so close..

This is the game of money. Very few privileged people make decisions that affect the economy of others. But in addition, many of those who lost money are responsible for the great ambition shown even in spite of the uncertainty that prevailed these days, and it is well known that in the face of uncertainty it is better to step aside and avoid hasty decisions.
full member
Activity: 252
Merit: 100
November 08, 2017, 04:51:10 PM
#21
It's like playing the game of bluffing to the very end. At least, it's now clear it's not in 2X's interest to break bitcoin. Long term this should really positive news for bitcoin, short term, it's great for alts but might be I already miss the boat.
legendary
Activity: 1288
Merit: 1087
November 08, 2017, 04:17:28 PM
#20
the new york signees went around it in a very stupid manner. they should've opened it up as a proposition beyond a back room deal and got absolutely everyone discussing and contributing.

getting segwit is partly thanks to them, though we'll never know how much uasf had an effect, and that's a positive thing to build on. the heavy deadline was a stupid addition but maybe it was necessary to get the miners on board.

personally i think it's time core were schooled a little bit at least because this is gonna strengthen their authority to the extent that they'll never be dislodged and perhaps that might prove to be a little unhealthy in the future.
member
Activity: 65
Merit: 10
November 08, 2017, 04:14:40 PM
#19
This market has just no sense of reality anymore, just a little drop at the time of announcement and then going back!
The worst in that is that it makes pump Ethereum that just has be hugely affected with parity wallet yesterday!
full member
Activity: 165
Merit: 100
November 08, 2017, 04:12:21 PM
#18
Well, I think this was a smart move for NY agenda companies. After SegWit2x fork, the miners supporting it would have to mine for months at a loss or to switch to BTC legacy. More importantly, it would affect stability and reputation of BTC and the entire crypto community.

Good work cancelling it.

I guess now we ll see some love flowing into major alts.

Go NEO, Go DMD Diamond!
newbie
Activity: 13
Merit: 0
November 08, 2017, 04:06:53 PM
#17
Yes, it's very cool, because all the altcoyins have gone up, everything is becoming more expensive. But maybe all of us are waiting for sevit in the near future. Maybe it's just decided to move it. So do not relax. Buy altcoyins, while they are still at a low start, then it may be too late. Cool Cool Cool
Not all alt coins are worth buying.
Right now i feel we already lost the boat cause alts are already in top.After like 30munites of the news.
Its sad but i donot see alts gowing up much this nov.
hero member
Activity: 766
Merit: 501
BUY BITCOIN WITH PAYPAL AND CREDIT CARDS
November 08, 2017, 04:00:32 PM
#16
Yes, it's very cool, because all the altcoyins have gone up, everything is becoming more expensive. But maybe all of us are waiting for sevit in the near future. Maybe it's just decided to move it. So do not relax. Buy altcoyins, while they are still at a low start, then it may be too late. Cool Cool Cool

Altcoins are going up just because in the last few days they were going down. Since in the last weeks many people sold altcoins and bought Bitcoin, because they thought they would have been rewarded with B2X coins, basically for free. Since thhard fork won't happen anymore, many people started to buy altcoins again...that's it.
full member
Activity: 335
Merit: 101
November 08, 2017, 03:43:15 PM
#15
Altcoins should rise much more after this. Especially when Japan, South Korea and China will wake up.
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