Author

Topic: The end of segwit2x (Read 298 times)

legendary
Activity: 1610
Merit: 1183
October 25, 2017, 11:52:17 AM
#9
That was yesterday ladies and gentlemen. Would it be then fair to say, "End of Legacy Bitcoin"(as per trend title) since Coinbase has done a 180?

"We are going to call the chain with the most accumulated difficulty Bitcoin"

https://blog.coinbase.com/clarification-on-the-upcoming-segwit2x-fork-d3c0f545c3e0



You are right, let's not chant victory yet, this may still get worse until they accept defeat, but I see a lot of newbies losing money because they aren't going to be aware of the ticket listed as BTC being the segwit2x altcoin.

I see Brian Armstrong facing legal problems after this. A lot of people are going to be very angry when they realize they got scammed by Coinbase. Hopefully this could end up in bankruptcy for them, im tired of this company.
sr. member
Activity: 546
Merit: 250
October 25, 2017, 08:53:15 AM
#8
Segwit2x is considered to be 2nd hardfolk in the bitcoin core network that is said to be the ending of bitcoin core's era but bitcoin has always proved itself and defeated all forks n rumours. I think the new B2X OR B2B will become another alt coin just like bitcoin cash BCH. So nothing will happen to bitcoin on long time basis.
sr. member
Activity: 474
Merit: 285
Brave New World
October 25, 2017, 08:52:05 AM
#7
I've always thought 2x would be a disaster or not amount to much, despite how much /r/btc seem to hype it up and talk about the end of core blah blah lol
member
Activity: 364
Merit: 12
The Most Profitable Mining Pool
October 25, 2017, 08:49:07 AM
#6
The is the end of FUD in terms of bitcoin dominance, which is really great for the newbies.  After all, there is only one being reocgnized as the foundatiob of crypto-currency, and that is the one and only Bitcoin.
full member
Activity: 378
Merit: 101
October 25, 2017, 08:42:08 AM
#5
That was yesterday ladies and gentlemen. Would it be then fair to say, "End of Legacy Bitcoin"(as per trend title) since Coinbase has done a 180?

"We are going to call the chain with the most accumulated difficulty Bitcoin"

https://blog.coinbase.com/clarification-on-the-upcoming-segwit2x-fork-d3c0f545c3e0
member
Activity: 100
Merit: 12
October 25, 2017, 08:33:34 AM
#4
The end before it even began I think it's great that someone is fighting against it and not idling watching.
hero member
Activity: 938
Merit: 1000
October 25, 2017, 08:30:34 AM
#3
Coinbase, one of the biggest Cryptocurrency wallets, released a statement that defined the ticker for upcoming hard fork Segwit2x, predicted on 16 of November, on the block 494784. After the fork we will still define Bitcoin as BTC and the new network resulted of the split as Bitcoin2x with the ticker B2X. And also with a little detail, that if users will prefere the new coin to the old one, the name could be changed in the future.
newbie
Activity: 23
Merit: 0
October 24, 2017, 09:43:42 AM
#2
That's if they really go through with 2x, right?

It seems possible that maybe the 2x camp might just give up their ambitions now?
legendary
Activity: 1610
Merit: 1183
October 24, 2017, 09:37:34 AM
#1
Looks like Brian Armstrong is finally doing the right thing. Lately he is on a good roll in his decision making. This time, he will not support segwit2x, or at least in a deceiving way which would lead to users thinking they are buying BTC (what segwit2x proponents want is to lost their altcoin as BTC). Not going to happen. Now we will easily make the B2X price tank and we all stay in the original chain.

Quote
The Bitcoin Segwit2x fork is projected to take place on November 16th and will temporarily result in two bitcoin blockchains. Following the fork, Coinbase will continue referring to the current bitcoin blockchain as Bitcoin (BTC) and the forked blockchain as Bitcoin2x (B2X).

Any customer with a BTC balance on Coinbase at the time of the fork will be credited with an equal amount of the B2X asset on the Bitcoin2x blockchain. No action is required — we will automatically credit your account. So, if you have 5 BTC stored on Coinbase before the fork; you will have 5 BTC and 5 B2X following the event.

https://blog.coinbase.com/timeline-and-support-bitcoin-segwit2x-and-bitcoin-gold-eda72525efd

Get ready for more free coins.
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