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Topic: Segwit2x to dump or not to dump (Read 786 times)

hero member
Activity: 2632
Merit: 833
November 02, 2017, 06:27:42 AM
#39
It's clearly that S2x fork gonna change the things a lot
The price of BTC is skyrocketing and by the mid of nov i think it will reach 10K at least

but as a small holder .. what do you think we should we do ..

should we dump it for some BTC as BCC or should we hold it as the "NEW THING" ?!!

This shit is getting me confused


Why are you thinking of dumping your coins specially since the price is skyrocketing? Your best strategy is just hodl on because its likely that the price could still go up before the 2x activation. Although I have to agree with you that the price swings today is so exciting, I don't know if I just saw $7200 because right now its $7000. I see this kind of price movement about 2 days ago as well, so exciting but confusing at the say time. So I advise you to just hold specially if you are a small holder, and just watch how your small amounts will go up in the next couple of days.
member
Activity: 126
Merit: 10
November 02, 2017, 06:21:57 AM
#38
I think just hold it , segwit2x have great concept like It would set a timeline for increasing the network's block size to 2MB. But who knows  let's see it, but my advice may hold it anyways it's free right? hehe. Good luck then
member
Activity: 392
Merit: 10
November 02, 2017, 06:20:58 AM
#37
It all depends on your capital and how much is in your hand as BTC. For me capital is not much and all of it is in alts. So I won't be selling my alts in loss to get free B2X. 50% in BTC and 50% in alts is a good investment. Anyway it is a risky business
newbie
Activity: 2
Merit: 0
November 02, 2017, 06:17:34 AM
#36
One of them will take over!
full member
Activity: 184
Merit: 101
if you need help , drop me a pm
November 02, 2017, 06:03:28 AM
#35
I don't there's going to be a massive impact on the price of Bitcoin but segwit2x is the only fork we've had that hasn't been for personal gain and trying to improve upon the Bitcoin network so this could be a split chain.

you mean they both will stay strong ??
member
Activity: 89
Merit: 10
November 02, 2017, 05:20:27 AM
#34
I don't there's going to be a massive impact on the price of Bitcoin but segwit2x is the only fork we've had that hasn't been for personal gain and trying to improve upon the Bitcoin network so this could be a split chain.
full member
Activity: 310
Merit: 102
JACS.tech
November 02, 2017, 05:18:24 AM
#33
It's clearly that S2x fork gonna change the things a lot
The price of BTC is skyrocketing and by the mid of nov i think it will reach 10K at least

but as a small holder .. what do you think we should we do ..

should we dump it for some BTC as BCC or should we hold it as the "NEW THING" ?!!

This shit is getting me confused


Hold, Stay Calm & Just Watch
full member
Activity: 308
Merit: 100
November 02, 2017, 05:09:29 AM
#32
Yes even i am very small holder alredy i invested my most of bitcoin to altcoins and tokens now really confused should i convert to bitcoin or keep it after segwit2x fork . I am least bother about new coin b2x after hardfork  soon i claimed i will dump for sure.
member
Activity: 289
Merit: 10
November 02, 2017, 05:08:22 AM
#31
I think after Bitcoin setwit2x will dump very fast and certainly will be difficult to recover in the long run. My advice is if getting B2X coin then the best you should switch to usdt
full member
Activity: 184
Merit: 101
if you need help , drop me a pm
November 02, 2017, 05:06:07 AM
#30
Hi, can someone quickly tell me whether I will get my 2X token if I keep my BTC on Exodus? Many thanks Smiley
Don't worry  you will get it as Exodus announced they will be supporting B2X
here is a link of that announcement http://support.exodus.io/article/97-exodus-info-on-the-segwit2x-hard-fork

and even if it's not supported you can export your private key from developer menu by pressing

 Ctrl+SHIFT+D and then clicking Exodus>Developer>Assets>Bitcoin>Export Private key

DON'T GIVE YOUR PRIVATE KEY TO ANYONE
..DON'T SUBMIT IT TO ANY WEBSITE

newbie
Activity: 1
Merit: 0
November 01, 2017, 10:14:56 PM
#29
Hi, can someone quickly tell me whether I will get my 2X token if I keep my BTC on Exodus? Many thanks Smiley
jr. member
Activity: 59
Merit: 10
November 01, 2017, 10:09:14 PM
#28
It's clearly that S2x fork gonna change the things a lot
The price of BTC is skyrocketing and by the mid of nov i think it will reach 10K at least

but as a small holder .. what do you think we should we do ..

should we dump it for some BTC as BCC or should we hold it as the "NEW THING" ?!!

This shit is getting me confused

I think you should sell it before the hard fork event because when it ends the bitcoin price will drop sharply as what happens at the bitcoin gold.
hero member
Activity: 1834
Merit: 759
November 01, 2017, 10:03:52 PM
#27
The safest way to deal with this is honestly to keep both. This is the most threatening fork to date, with big supporters who plan on making it the real Bitcoin.

I wouldn't count on it, as it also has its fair share of haters, but I'm not dumping anything just in case. I personally hate its guts but sadly, there's no logic in throwing your money away. Once Bitcoin once establishes itself as the main chain with little doubt, I would absolutely dump.
hero member
Activity: 2240
Merit: 848
November 01, 2017, 09:56:31 PM
#26
I will be keeping them both until it is clear which coin wins the market. Then i will sell the other coin to buy more bitcoin.
sr. member
Activity: 490
Merit: 258
November 01, 2017, 09:34:09 PM
#25
It's clearly that S2x fork gonna change the things a lot
The price of BTC is skyrocketing and by the mid of nov i think it will reach 10K at least

but as a small holder .. what do you think we should we do ..

should we dump it for some BTC as BCC or should we hold it as the "NEW THING" ?!!

This shit is getting me confused

If you are afraid to lose your marbles, then you must hold it together with your bitcoins. I personally did it with my btc cash and btc gold, so no matter what happens in the future, I have the same amount of bitcoins.
full member
Activity: 196
Merit: 100
November 01, 2017, 09:04:04 PM
#24
Dump it, introduction price is the highest it will go. And can people please fuck off with these constant retarded forks, governments can't kill cryptos, banks can't kill cryptos, only the cryptocurrency community can kill cryptos by doing retarded shit like this every other week.

ETH is down to 0.0416, Dash 0.0380, LTC 0.00754 FFS! And falling still... Buy those at prices you will not see again. That's what will make you money, not some shitty airdrop that will be dumped to buggery within days. Huh

How many more times will people fall for this shit, it's just a shortcut to creating a new altcoin based on BTC, only rather than going through the hard work of launching a coin, having it pass community scrutiny, building a community and getting it listed on exchanges, they call it a BTC fork and people fall for it every fucking time, until reality sets in and we realise there's only one Bitcoin.

It's time to stop!

full member
Activity: 378
Merit: 101
November 01, 2017, 08:48:12 PM
#23
Personally I will not be dumping. I agree with others, with these things its always better to wait and see how things pan out. Some people like to dump immediately, now these are the people that need to be extra careful this time around. I would wait 7-14 days before fidling with your bitcoin wallet. I like to take extra precautions. After the bitcoin cash fork people lost a whole lot of money because they were rushing to claim as if the coins will magically disappear.

You're waiting 7-14 days for the price to stable and then decide whether if you're dumping or not?
Also, based on what you decide to keep/ or dump it?

Perhaps I should rephrase that. I dont take 7-14 days to decide whether I am dumping or not. I wait that long before I export my private keys. Yes, I wait because i dont want to rush and make my portfolio vulnerable. I base my decision on 1)what value I think the coin has, 2)the support the coin has. Now dont make the mistake I see lots of people made with BCH. Twitter and Reddit are not the best places to see if the coin has support.


After the bitcoin cash fork people lost a whole lot of money because they were rushing to claim as if the coins will magically disappear.
It wasn't that they would "disappear", it was the overall hysteria that they will soon worth $0 so everyone wanted to cash in as fast as possible.

I see.. But wouldn't you rather lose free money than risking your portfolio of hard earned money? I still think rushing is a dumb thing to do.
full member
Activity: 560
Merit: 100
November 01, 2017, 06:52:25 PM
#22
I think you do not need to throw it away because bitcoin price increase is already normal, you better hold it to get some profit. I think this is an opportunity for you.
full member
Activity: 184
Merit: 101
if you need help , drop me a pm
November 01, 2017, 05:56:38 PM
#21
... small holder
... confused

if you are a small holder and are confused about these things the best course of action is always to transfer your bitcoins in cold storage like a paper wallet and wait these things out.

you are holding small amounts so you shouldn't really worry about any money loss. for example 0.01BTC would have given you 0.0007 BTG at best which is not even going to cover the exchange withdrawal fees!

By small i mean 0.xx BTC not 0.0x BTC
full member
Activity: 644
Merit: 103
November 01, 2017, 07:04:30 AM
#20
You should probably hold. Blockstream CEO Adam Back thinks that it[seg2x] wouldn't have much value (trading at 14% of the current price of bitcoin) and will probably die by its own hand--seems reasonable as most traders would just dump it as soon as they get their hands on it and jump back to bitcoin.
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