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Bitcoin => Bitcoin Discussion => Topic started by: lodyman on November 01, 2017, 08:14:11 AM



Title: Segwit2x to dump or not to dump
Post by: lodyman on November 01, 2017, 08:14:11 AM
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


Title: Re: Segwit2x to dump or not to dump
Post by: nextel on November 01, 2017, 08:29:18 AM
It  depends on the case if S2X price will go down after the hard fork. But maybe the same with Bitcoin's hard forks that their existence is to push Bitcoin more


Title: Re: Segwit2x to dump or not to dump
Post by: ChainSmoker on November 01, 2017, 08:44:04 AM
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

Don't dump your bitcoins.Hodl them and wait till everything settles.S2x fork is way more serious then BCH fork was so i would be personally hodling onto my BTC even after the fork and will observe the free market.If S2x has the same fate as BCH i will be sure to dump it any price i get but i wouldn't dump the BTC(bitcoin core) version in any case because i personally believe in it only to succeed :)


Title: Re: Segwit2x to dump or not to dump
Post by: salihno71 on November 01, 2017, 08:47:53 AM
Best option is to wait and to see how things will play out. This fork can be potentially much more harmful than with BCH fork. There is a slight possibility that the majority of the miners will go with the 2x. Also the "replay protection" is not what it claims to be.


Title: Re: Segwit2x to dump or not to dump
Post by: Slipknot79 on November 01, 2017, 08:50:09 AM
Trying times. I guess the only option is to keep them both. Wow. This is crazy!


Title: Re: Segwit2x to dump or not to dump
Post by: CryptosapienZA on November 01, 2017, 08:53:43 AM
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.


Title: Re: Segwit2x to dump or not to dump
Post by: Masterio on November 01, 2017, 09:00:28 AM
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?


Title: Re: Segwit2x to dump or not to dump
Post by: MadGamer on November 01, 2017, 09:05:16 AM
People understood that hardforks with chain split is a free to get free money. If you see a price decrease before the fork then It's a manipulation and has nothing to do with people panic selling. I expect people to buy now to get 1:1 B2X and then the price will even increase further after the fork as everyone will be dumping it for BTC.


Title: Re: Segwit2x to dump or not to dump
Post by: rytyr on November 01, 2017, 09:05:33 AM
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.


Title: Re: Segwit2x to dump or not to dump
Post by: mobnepal on November 01, 2017, 09:12:51 AM
I think there will be heavy dump in both bitcoin and bitcoin2x price after this fork because there is no another fork in near future so people might pull out huge profit from this massive bull run we have on bitcoin from starting of this year.

Price of bitcoin might plumped to < $5k by 2018 and remain on that zone for few months before another surge starts.


Title: Re: Segwit2x to dump or not to dump
Post by: CodyAlfaridzi on November 01, 2017, 09:15:13 AM
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


B2X fork is just another free easy money for Bitcoin hodler. I personally would dump B2X immediately as soon as I got them. On the recent BTG fork, I sold it on 0.07 meaning I got an easy 7% rise on my Bitcoin balance. My target for B2X would be at 0.1-0.15BTC/B2X, considering the B2X futures price is currently at 0.18 on HitBTC.

I just couldn't see all these fork coins become the main chain, replacing the original Bitcoin. Primarily because of the lack of support. Services using Bitcoin as a payment would have no reason to switch to B2X. They would also be required to do many things, which also possess some risk of losing their Bitcoin. I'm sure most people see these forks just as an easy money making event.


Title: Re: Segwit2x to dump or not to dump
Post by: RoommateAgreement on November 01, 2017, 09:15:21 AM
if SegWit2x turns out to be another of these forked coins like bitcoin cash and bitcoin gold then only in that case the best strategy is going to be selling the new coins on exchanges as soon as possible, even holding some bitcoin on exchanges could work. because most people will dump it and there will be an initial drop at any case. so selling first would be a good idea.

then there will be pump and dumps as you can see in bitcoin cash these days which makes them profitable to trade like all the other altcoin pump and dumps.


Title: Re: Segwit2x to dump or not to dump
Post by: csnmf on November 01, 2017, 09:17:03 AM
I'm going to be holding and waiting to see what happens. I'm not seeing this as free cash and seeing it a lot more seriously so I'm not going to try to pick a winner between the two and will hold both until things become clearer.


Title: Re: Segwit2x to dump or not to dump
Post by: crazyivan on November 01, 2017, 09:19:22 AM
Why would I dump? We ve seen these issues several times before, BTC life threatening situations. Each and every time BTC came out on top.

Read a bit my friend and control your fear.


Title: Re: Segwit2x to dump or not to dump
Post by: coiner495 on November 01, 2017, 09:21:47 AM
Sorry guys, that might be a dumb question, but how do I technically sell S2X if I don't keep my coins on exchange. How do I transfer my S2X to an exchange without impacting BTC?


Title: Re: Segwit2x to dump or not to dump
Post by: lodyman on November 01, 2017, 09:28:49 AM
Trying times. I guess the only option is to keep them both. Wow. This is crazy!

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.


It seems like i'l go with that option for now ..

i'm still studying the charts from previous forks and it's effects on BTC price
although i didn't even cashed out BTG and never will  


Title: Re: Segwit2x to dump or not to dump
Post by: lodyman on November 01, 2017, 09:36:37 AM
Why would I dump? We ve seen these issues several times before, BTC life threatening situations. Each and every time BTC came out on top.

Read a bit my friend and control your fear.

I don't have a tiny bit of doubt about the future of BTC itself it will always be the top crypto .,

but segwit2x might rise as well and reach good highs in the future ,
i'm confused about dumping right away or hodling and probably i'll be hodling for some time


Title: Re: Segwit2x to dump or not to dump
Post by: olubams on November 01, 2017, 09:37:06 AM
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 there is any fork that would make waves even beyond the ones that have come before it, its SegWits and the expectation is really high. This is a fork that Coinbase is declaring support for even before launch while those one that have launched are still being subjected to reviews. This shows that the impression is going to be massive and I see it going above the roof with the benefit coming along with it. On whether to drop or not, I think that will be a personal decision afterall its going to be a free money if you are not interested in trading but if not, its going to be hard having to buy it all over again.


Title: Re: Segwit2x to dump or not to dump
Post by: talkbitcoin on November 01, 2017, 09:39:07 AM
... 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!


Title: Re: Segwit2x to dump or not to dump
Post by: Fundalini on November 01, 2017, 12:04:30 PM
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.


Title: Re: Segwit2x to dump or not to dump
Post by: lodyman on November 01, 2017, 10:56:38 PM
... 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


Title: Re: Segwit2x to dump or not to dump
Post by: sheamus10 on November 01, 2017, 11:52:25 PM
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.


Title: Re: Segwit2x to dump or not to dump
Post by: CryptosapienZA on November 02, 2017, 01:48:12 AM
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.


Title: Re: Segwit2x to dump or not to dump
Post by: burnedbyfees on November 02, 2017, 02:04:04 AM
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. ???

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!



Title: Re: Segwit2x to dump or not to dump
Post by: no0dlepunk on November 02, 2017, 02:34:09 AM
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.


Title: Re: Segwit2x to dump or not to dump
Post by: thecodebear on November 02, 2017, 02:56:31 AM
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.


Title: Re: Segwit2x to dump or not to dump
Post by: jseverson on November 02, 2017, 03:03:52 AM
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.


Title: Re: Segwit2x to dump or not to dump
Post by: nesterpu on November 02, 2017, 03:09:14 AM
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.


Title: Re: Segwit2x to dump or not to dump
Post by: goochy129 on November 02, 2017, 03:14:56 AM
Hi, can someone quickly tell me whether I will get my 2X token if I keep my BTC on Exodus? Many thanks :)


Title: Re: Segwit2x to dump or not to dump
Post by: lodyman on November 02, 2017, 10:06:07 AM
Hi, can someone quickly tell me whether I will get my 2X token if I keep my BTC on Exodus? Many thanks :)
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 (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



Title: Re: Segwit2x to dump or not to dump
Post by: duongdaiduong on November 02, 2017, 10:08:22 AM
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


Title: Re: Segwit2x to dump or not to dump
Post by: roshanface123 on November 02, 2017, 10:09:29 AM
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.


Title: Re: Segwit2x to dump or not to dump
Post by: moamin77 on November 02, 2017, 10:18:24 AM
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


Title: Re: Segwit2x to dump or not to dump
Post by: BitcoinIsAlgebraic on November 02, 2017, 10:20:27 AM
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.


Title: Re: Segwit2x to dump or not to dump
Post by: lodyman on November 02, 2017, 11:03:28 AM
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 ??


Title: Re: Segwit2x to dump or not to dump
Post by: Tomek6666 on November 02, 2017, 11:17:34 AM
One of them will take over!


Title: Re: Segwit2x to dump or not to dump
Post by: amila_cs on November 02, 2017, 11:20:58 AM
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


Title: Re: Segwit2x to dump or not to dump
Post by: mahessapap on November 02, 2017, 11:21:57 AM
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


Title: Re: Segwit2x to dump or not to dump
Post by: TravelMug on November 02, 2017, 11:27:42 AM
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.