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Topic: Segwit2x in November - page 3. (Read 1967 times)

legendary
Activity: 2674
Merit: 1048
November 03, 2017, 03:56:28 AM
#22
What effect on price do you think this will have? Could we have similar crash as in July?

I think the pricing is really nearing its peak and we might be experiencing crash on or before Segwit2x. The correction will not be far from $7000 and not lower than $5000.
i wish the market will prove that you guys are wrong , a lot of people think after the segwit2x activated the price of bitcoin will dropped to lowest down more than 30% or so from the current price , it is just a completely wild speculation .

we are in good price and some people even think it is a reasonable price  considering the demands crazily increased.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
November 03, 2017, 03:27:04 AM
#21
It's completely unbelievable that nobody speaks about the fork...

I'm concerned about it. I see more posts about lambos than about the lack of replay protection on B2X.

I have read this article today and devs on both sides are trying to find a solution for it: https://bitcointechtalk.com/replay-protection-schemes-in-segwit2x-45cba620006b

I'm increasingly less concerned about the lack of replay protection because that issue has gotten a lot of press. I've seen lots of newbies asking about it, and I think services are very prepared this time around after the ETH/ETC debacle last year.

What I'm more concerned about is the increasing hash rate. Difficulty increased significantly on the last adjustment, and will likely do so again shortly before the fork. That means the hash rate will be split (between the two chains) right after difficulty increase. This could cause significant disruption, congestion and high fees.

Bitcoin Cash is rallying, and they are also set to fork to return to a Bitcoin-like difficulty algorithm a day or two before the Segwit2x fork. That's no coincidence. They are setting it up so users will go to Bitcoin Cash for the reliability and low fees, and hash power will come to Bitcoin Cash for the profitability amidst the difficulty clusterfuck in Bitcoin.

I'm hopeful, but I'm also keeping this disaster contingency in mind.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
November 03, 2017, 02:24:39 AM
#20
What effect on price do you think this will have? Could we have similar crash as in July?
We don't know if the same crash will happen but for sure there will be a correction. As the same thing will happen that everyone will put most of their funds to bitcoin to get more forked coins and during or after the fork everyone will be spreading again their funds to different alt coins so that will be the correction that we're expecting for. And the cycle goes on as it will be repetitive during these days.
legendary
Activity: 1218
Merit: 1006
November 03, 2017, 02:18:56 AM
#19
What effect on price do you think this will have? Could we have similar crash as in July?
I think Yes because current crazy buy doesn't have any good reason behind, people are buying to get free money with forked coin after segwit2x just like bitcoin cash.

I still think price can go as below as $6k or even to $5k after fork.
full member
Activity: 237
Merit: 100
November 03, 2017, 01:38:18 AM
#18
What effect on price do you think this will have? Could we have similar crash as in July?

I think the pricing is really nearing its peak and we might be experiencing crash on or before Segwit2x. The correction will not be far from $7000 and not lower than $5000.
hero member
Activity: 532
Merit: 500
November 02, 2017, 06:26:33 PM
#17
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").
The miners will go where the money is.  Even if many initially switch to the segwit2x chain, if the price of B2X doesn't catch up with BTC, they will go back to BTC, especially if there's a downward adjustment in difficulty from people mining B2X for a while.  Right now, though, I really have no good feeling for which way things are going to go.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
November 02, 2017, 06:25:51 PM
#16
I'm concerned about it. I see more posts about lambos than about the lack of replay protection on B2X.

No matter what's happening in cryptoland, there are always more posts about Lambos than most matters.

I get the feeling most people expect it to just sort itself out eventually, which also means them expecting their exchange or wallet provider to sort the replay protection too.
newbie
Activity: 56
Merit: 0
November 02, 2017, 06:23:53 PM
#15
What effect on price do you think this will have? Could we have similar crash as in July?
What crash in July? The fork was at the end of the month and the price rallied from $2600 to $3400 by 10th August, and carried on rallying to $4,800 by the end of the month. It didn’t “crash” until early September when the move was caused by China’s last but one ban and Jamie Dimon telling us we were all idiots.We’ve been rallying ever since.

Bitcoincash fork had no impact on the bitcoin price in terms of “crashing” at all.



The lowest point of whole August 1st afair was 16th of July market cap wise.
member
Activity: 168
Merit: 10
November 02, 2017, 11:52:14 AM
#14
Relax guys 2x will fail hard, you all can sleep tight tonight.
agree, take relax.
anything can be happen, but don't take it seriously. take some coffee and enjoying this November. just follow the train Smiley
legendary
Activity: 1414
Merit: 1039
November 02, 2017, 11:37:41 AM
#13
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").






Similar to BTG if you ask me. We had very little information with a few weeks left going into the fork. However, over time we started to learn more about it and how terrible it was. It seems like a lot of people will try to hop on the train right now in order to get that "free money" they're all waiting on. Honestly, I don't think they understand that it causes a drop in the bitcoin price as well, but I guess we'll have to see what really happens. After enough forks, I'm sure people will understand the drill.
sr. member
Activity: 1400
Merit: 347
November 02, 2017, 11:16:40 AM
#12
It's completely unbelievable that nobody speaks about the fork...

I'm concerned about it. I see more posts about lambos than about the lack of replay protection on B2X.

I have read this article today and devs on both sides are trying to find a solution for it: https://bitcointechtalk.com/replay-protection-schemes-in-segwit2x-45cba620006b

hero member
Activity: 703
Merit: 502
November 02, 2017, 10:40:55 AM
#11
What effect on price do you think this will have? Could we have similar crash as in July?
What crash in July? The fork was at the end of the month and the price rallied from $2600 to $3400 by 10th August, and carried on rallying to $4,800 by the end of the month. It didn’t “crash” until early September when the move was caused by China’s last but one ban and Jamie Dimon telling us we were all idiots.We’ve been rallying ever since.

Bitcoincash fork had no impact on the bitcoin price in terms of “crashing” at all.

sr. member
Activity: 1372
Merit: 255
November 02, 2017, 10:24:54 AM
#10
Most likely BTC will surely crash on the fork day. This is also the reason why Bitcoin keeps on pumping so hard. I believe we could have 8k to 10k before the fork.


What effect on price do you think this will have? Could we have similar crash as in July?
hero member
Activity: 896
Merit: 514
November 02, 2017, 10:03:50 AM
#9
What effect on price do you think this will have? Could we have similar crash as in July?

Based from what is happening, I am thinking that it is similar to what happened in the August 1 possible pork with just segwit. Prices really went down but after everything was cleared prices went up pretty fast. I think it would have lead to even $10,000 not for the issue with china banning stuff like ICO and btc exchanges. That stirred up a lot of drama that halted the price increase and dropped prices a little.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
November 02, 2017, 09:45:08 AM
#8
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).
full member
Activity: 274
Merit: 100
November 02, 2017, 09:42:03 AM
#7
It'll trigger the correction - too much hype and speculation...there will be a big sell off and we'll see a correction. alts will then slowly re-emerge following the current blood bath.
legendary
Activity: 3512
Merit: 4557
November 02, 2017, 09:39:17 AM
#6
Relax guys 2x will fail hard, you all can sleep tight tonight.
legendary
Activity: 1372
Merit: 1252
November 02, 2017, 08:49:07 AM
#5
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").






Nobody talks because it's dead on arrival. Coinbase is going to get sued, so will Xapo, Gemini and all the rest of corporate retards that think they belong in Bitcoin but they don't. And they will get sued by idiots that also thought they owned Bitcoin but didn't. It will be a mess of people lossing money as they send to wrong addresses and so on, like BCash but worse.

This will only solidify the fact that unless there's massive consensus, a hardfork will always be a disaster, and the idiots that will lose most money will be the exchanges supporting these scams, along with the idiots that sold real Bitcoin for fake bitcoins. So just buy any dip if there's even a dip and stop stressing.
sr. member
Activity: 1274
Merit: 263
November 02, 2017, 08:41:07 AM
#4
actually there're a lot of people talked about Segwit2x for a past few months before the run,
but lately we can not see it at all due to increase caused by the chain split.
in other word lately people keep focusing themself on the train and forget about what will happen with it in the future.
will it affecting Bitcoin price ? of course it will and even in my opinion because of this there'll be a significant change that will happen with our price.
crash ? i can not describe it using that word but i believe there will be another 'correction' that will happen in the near future.
but i am not sure there will be another FUD caused by the whales before the Segwit2x.
what i believe right now there will be a 'correction' after it and the FUD started causing a lot of panic sell.


hero member
Activity: 1065
Merit: 510
November 02, 2017, 08:30:11 AM
#3
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  Grin. 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.
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