What effect on price do you think this will have? Could we have similar crash as in July?
There are many talks about segwit2x in past few weeks as it is going to have a great effect on bitcoin price but as soon as this hard fork drama will end bitcoin price will again go up after some time. People will prefer BTC more and it tends to rise its price so don't worry just relax. 
Topic: Segwit2x in November (Read 1945 times)
I am wondering about the replay protection with is lacking with the x2 fork though.
If I understand well: - please correct me if it is wrong -
After the hardfork we get both BTC and 2x coins.
But because 2x has no replay protection, when you spend 2x coins before the BTC, then potentially you could loose also BTC?
Does this mean that after the fork one should first transfer BTC to a different address and only then the 2x can be spend without troubles?
If I understand well: - please correct me if it is wrong -
After the hardfork we get both BTC and 2x coins.
But because 2x has no replay protection, when you spend 2x coins before the BTC, then potentially you could loose also BTC?
Does this mean that after the fork one should first transfer BTC to a different address and only then the 2x can be spend without troubles?
You should read this : https://bitcointechtalk.com/how-to-protect-against-replay-attacks-7a00bd2fe52f
I am wondering about the replay protection with is lacking with the x2 fork though.
If I understand well: - please correct me if it is wrong -
After the hardfork we get both BTC and 2x coins.
But because 2x has no replay protection, when you spend 2x coins before the BTC, then potentially you could loose also BTC?
Does this mean that after the fork one should first transfer BTC to a different address and only then the 2x can be spend without troubles?
If I understand well: - please correct me if it is wrong -
After the hardfork we get both BTC and 2x coins.
But because 2x has no replay protection, when you spend 2x coins before the BTC, then potentially you could loose also BTC?
Does this mean that after the fork one should first transfer BTC to a different address and only then the 2x can be spend without troubles?
$939 and 0.0129BTC.
You mean 0.129BTC, right ?
Oops yes a typo. I have gone back and corrected it. Thanks.
$939 and 0.0129BTC.
You mean 0.129BTC, right ?
So at what price do you think B2x will be when it opens for business?
The BT2 futures token is currently trading at $939 and 0.129BTC. My personal view is that this is at the top end of the price range and I expect it to trade $600-$1,000 at the opening. There will probably be some early buying and I will be looking to sell if it gets up to $1,500.
As for the medium to long term effect on BTC price I don't expect there to be much this time. These forks are becoming old hat now and I really don't detect any enthusiasm for B2X.
Of course, all that is just guessing based on the experience of the BCH fork. Watch and trade the action when it shows you what it is doing. Trade what is happening not what you think should happen.
there are some groups who speculate that this month segwit2x will fail and will adversely affect the bitcoin we have.
1. the bitcoin we have will disappear entirely (replaced with new coins formed from hardfork)
2. bitcoin will disappear in half (and get 100% new coins formed from hardfork)
1. the bitcoin we have will disappear entirely (replaced with new coins formed from hardfork)
2. bitcoin will disappear in half (and get 100% new coins formed from hardfork)
I think this is an untrusted rumor and it has been released some days before hardfork. So That is the main purpose of the big hands and the whale groups . They want to cover many bitcoins as many as possible because They can know that this fork will be successful and it will have a higher value than bitcoin cash. Nobody wants to put so much money to the things which don't bring back the profit to them .Be careful to your bitcoins.
Relax guys 2x will fail hard, you all can sleep tight tonight.
So at what price do you think B2x will be when it opens for business?
While the majority of miners have sided with B2X, they will go wherever they most money is to be made, which is the chain with the most transactions. Even if immediately following the fork B2X has most of the mining power, I think Bitcoin will maintain the vast majority of transactions sent as B2X will only be used for trading, just like BCH whose blocks are practically empty compared to Bitcoin.
I expect big miner swings back and forth between the two just like after BCH forked, though users will likely mostly stay with Bitcoin and thus after a few weeks the dust should settle and mining supports stays with Bitcoin and B2X becomes an altcoin worth a few hundred dollars and only used for trading/speculation just like Bitcoin Cash.
I expect big miner swings back and forth between the two just like after BCH forked, though users will likely mostly stay with Bitcoin and thus after a few weeks the dust should settle and mining supports stays with Bitcoin and B2X becomes an altcoin worth a few hundred dollars and only used for trading/speculation just like Bitcoin Cash.
It's completely unbelievable that nobody speaks about the fork...
- It's almost tomorrow ! The segwit 2X fork is currently planned to happen on November 16th
- We have very few information about what will happen with this fork ?
The current and most probable scenario is :
=> The 2X blockchain will stay an alternative chain
=> The original chain will remains the main chain
=> Massive decrease of main chain hashrate due to the NYAgreement.
The massive decrease of hashrate will have a huge impact on the network. Even if it will be "repaired" after difficulty reduction, it cannot be unseen.
My questions :
- Will this uncertainty about future will be stronger than the hope of getting free money with the fork ? (if yes, price drop)
- Will whales will use this situation to FUD a lot and manipulate the price ? (for me, the answer is "yes of course").
You just did answer your own question - It's almost tomorrow ! The segwit 2X fork is currently planned to happen on November 16th
- We have very few information about what will happen with this fork ?
The current and most probable scenario is :
=> The 2X blockchain will stay an alternative chain
=> The original chain will remains the main chain
=> Massive decrease of main chain hashrate due to the NYAgreement.
The massive decrease of hashrate will have a huge impact on the network. Even if it will be "repaired" after difficulty reduction, it cannot be unseen.
My questions :
- Will this uncertainty about future will be stronger than the hope of getting free money with the fork ? (if yes, price drop)
- Will whales will use this situation to FUD a lot and manipulate the price ? (for me, the answer is "yes of course").
. Its really quiet surprising that people arent too noisy or talking it lately since we are only few weeks ahead before the 2x fork.Unlike on what happened on Bitcoin Cash it did almost talk on everyday and people are waiting and keeping on speculating and talking on the things that they would do on those time but now the interest or the attention isnt too much for 2x unlike on BCC.People do always love free money on those fork coins which isnt really surprising.
People are hoarding as much bitcoin as they can to get more free coins after the fork.
There are however more things influencing the price. Mainly new people entering. I can see it all around me, the influx is huge.
There are however more things influencing the price. Mainly new people entering. I can see it all around me, the influx is huge.
But the new people do not know there will be fork. So that price rise due to fork is not intentional.
People are hoarding as much bitcoin as they can to get more free coins after the fork.
There are however more things influencing the price. Mainly new people entering. I can see it all around me, the influx is huge.
There are however more things influencing the price. Mainly new people entering. I can see it all around me, the influx is huge.
But the new people do not know there will be fork. So that price rise due to fork is not intentional.
there are some groups who speculate that this month segwit2x will fail and will adversely affect the bitcoin we have.
1. the bitcoin we have will disappear entirely (replaced with new coins formed from hardfork)
2. bitcoin will disappear in half (and get 100% new coins formed from hardfork)
1. the bitcoin we have will disappear entirely (replaced with new coins formed from hardfork)
2. bitcoin will disappear in half (and get 100% new coins formed from hardfork)
or
3. nothing will change, B2x will value miserably at 0.1 BTC and BTC price won't be affected. Transaction speed might slow down for two weeks but who cares.
This hardwork called SegWit2x will create another branch of the original Bitcoin block chain. Its rationale is similar to what we had in August. The block size is increased to 2 MB (in the original chain of 1 MB). It is expected that this will increase the speed and reduce the cost of transactions in the new network, with the result that the currency will be able to successfully compete with other payment systems such as Visa and MasterCard.
According to analysts, hardwork will be another important event, which will increase the volatility of the Bitcoin's price. As in August, a lot will depend on the support that will be received by each of parts. The fact is that than more support than more transactions, than better growing currency.
According to analysts, hardwork will be another important event, which will increase the volatility of the Bitcoin's price. As in August, a lot will depend on the support that will be received by each of parts. The fact is that than more support than more transactions, than better growing currency.
Segwit2x hard fork in 10 days, I prefer current blocksize with segwit than 2x hard fork which may increase blocksize which lead to several problems. It's better if 2x hard fork created a new altcoins called btc1 or b2x such as bch and btg, running in different chain, so people could judge the best coin. But, the answer will be the same, people will always stick to original bitcoin, not btc1 or b2x.
We don't know yet, what will happen on November 16th, whether segwit2x will gain enough hashrate or it will be another altcoin.
How about bitcoin price? I guess we will find out the answer few days before hard fork, if segwit2x become the winner, then bitcoin price may drop back to $5000, I guess.
We don't know yet, what will happen on November 16th, whether segwit2x will gain enough hashrate or it will be another altcoin.
How about bitcoin price? I guess we will find out the answer few days before hard fork, if segwit2x become the winner, then bitcoin price may drop back to $5000, I guess.
What should happen? We would have again an altcoin like bitcash and in December Bitcoin Silver. Good for Bitcoin to keep upgoing.
There needs to be some form of negative news accompanied with a massive sellout/profit booking just like what happened on the previous fork in August for us to see another crash. With the rate of price increase right now, there needs to be some form of correction before we take off just so we can assure that everything goes smoothly without any hitch.
We need some massive 'forks are killing bitcoin' drama to have some form of crash (partly for me to buy a small amount again).
You think people have not really gotten smarter to never believe in such FUDs again ?We need some massive 'forks are killing bitcoin' drama to have some form of crash (partly for me to buy a small amount again).
If we really have a huge correction, you would not be the only one who would not want to quickly buy up, there are so many of us and imagine what that would be eventually, meaning the value will not stay too low for long.
I really wish we still have weaker hands though for my own selfish reasons, but for the good of bitcoin and its future, I am happy it is reducing. However, 2X will just come and go just like all the previous forks and it seems it would end up even more shitty than we could have imagined. Crazy scammers!
I think by all this people the price would go high more because they're not going to panic selling because they might lose the chance of getting a good profit in trading. but if most of the holders of bitcoin goes panic selling the price will crash up to 50% it's almost a half.
there are some groups who speculate that this month segwit2x will fail and will adversely affect the bitcoin we have.
1. the bitcoin we have will disappear entirely (replaced with new coins formed from hardfork)
2. bitcoin will disappear in half (and get 100% new coins formed from hardfork)
1. the bitcoin we have will disappear entirely (replaced with new coins formed from hardfork)
2. bitcoin will disappear in half (and get 100% new coins formed from hardfork)
or
3. nothing will change, B2x will value miserably at 0.1 BTC and BTC price won't be affected. Transaction speed might slow down for two weeks but who cares.
there are some groups who speculate that this month segwit2x will fail and will adversely affect the bitcoin we have.
1. the bitcoin we have will disappear entirely (replaced with new coins formed from hardfork)
2. bitcoin will disappear in half (and get 100% new coins formed from hardfork)
1. the bitcoin we have will disappear entirely (replaced with new coins formed from hardfork)
2. bitcoin will disappear in half (and get 100% new coins formed from hardfork)
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