Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Bitfyer on November 06, 2017, 03:36:34 PM



Title: Things to do after the SegWit2x hard fork (Poll)
Post by: Bitfyer on November 06, 2017, 03:36:34 PM
I would like to know what people here will do after the hard fork.


Title: Re: SegWit2x hard fork and it's consequences
Post by: foxberg on November 06, 2017, 03:40:03 PM
Hold both and buy more bitcoin if there's a dip.


Title: Re: SegWit2x hard fork and it's consequences
Post by: junoreactor on November 06, 2017, 03:44:34 PM
Hi.
Will probably hold both as well.
I could sell B2X next year depending on the profit I can make with it. Hey it is free anyway.
Hoping for no dip of course, but same as foxberg, it would be a good opportunity to buy more if that happens.


Title: Re: SegWit2x hard fork and it's consequences
Post by: pawanjain on November 06, 2017, 03:49:54 PM
Bitcoin has been overbought from the past couple of weeks and according to me it is going to see a huge dump very soon. It might be dumped right after the fork since the price is high enough for it to suffer from a correction. If BTC is dumped then the money will flow to the alts and we might be able to see a huge spike in their prices. So selling BTC and B2X right after the fork and then investing it in Altcoins will be good choice or we can convert it to fiat to buy more BTC later. Prediction about the Alts is really tough since the BTG fork bleeded out a hell out of the Altcoins.


Title: Re: SegWit2x hard fork and it's consequences
Post by: Frank0209 on November 06, 2017, 03:52:34 PM
In my opinion I think I'll sell B2X to buy more Bitcoin cause everyone can easily know that the coins created from hardfork, BCH and BTG, often have good price right at the beginning but after that its price dumped very quickly so I think this time will be the same that B2X will only have good price at the start then it'll be dumped so I'll sell it right after I got it from the hardfork then buy some more amount of Bitcoin :))


Title: Re: SegWit2x hard fork and it's consequences
Post by: flip4flop on November 06, 2017, 03:55:04 PM
I think I will end up selling off about 25% of my BTC holdings as I expect a massive dump and the price to take a hit as everyone moves back into some alts.  That being said I am only doing this to hedge potential losses and get back into a few altcoins that I feel will rise 3-6x in the next month or two.  Hopefully BTC does not take a huge hit where I ended up losing more than I have gained.  I am thinking about potentially dropping 50% of my BTC holdings and using that same 25% to buy alts and then buy back into BTC when it dips to try to take advantage of that since longterm BTC should continue to rise.


Title: Re: SegWit2x hard fork and it's consequences
Post by: AndriyPilipyak on November 06, 2017, 04:02:05 PM
I hop-e its gonna be alright


Title: Re: SegWit2x hard fork and it's consequences
Post by: Variogam on November 06, 2017, 04:02:22 PM
I doubt both chains going to exist longterm, because a lack of replay protection. So eighter there going to be capacity upgrade in Bitcoin, or there wont, but only one chain going to exist longterm. In both cases I just hold while taking no risks whatsoever, like always.


Title: Re: SegWit2x hard fork and it's consequences
Post by: Bitfyer on November 06, 2017, 04:38:53 PM
In my opinion I think I'll sell B2X to buy more Bitcoin cause everyone can easily know that the coins created from hardfork, BCH and BTG, often have good price right at the beginning but after that its price dumped very quickly so I think this time will be the same that B2X will only have good price at the start then it'll be dumped so I'll sell it right after I got it from the hardfork then buy some more amount of Bitcoin :))

I also think that way, but i'm very concerned about the lack of replay protection. I fear that when I try to sell my B2X I end up losing my BTC.
I think that if B2X fails in replacing BTC, and that's what I hope to happen, the SegWit2X team will have to implement replay protection for B2X to coexist with BTC as an altcoin, because they wouldn't want their coin to die.


Title: Re: SegWit2x hard fork and it's consequences
Post by: tosmartak on November 06, 2017, 04:43:56 PM
I am not surprised most people are not sure what the outcome of the fork would be, so it seems holding the two chain would obviously be the best to do after the fork. Even Cobra, the co-owner of bitcoin.org and bitcointalk forum hope it does not end up being the last days of bitcoin and begs for a fork with a new POW algorithm in case the unthinkable happens. Phew! Just tired!! No wonder bitcoin cash has been pulling some weight in value in the past few days.
https://cointelegraph.com/news/bitcoin-needs-new-proof-of-work-chain-after-segwit2x-says-bitcoinorg-co-owner


Title: Re: SegWit2x hard fork and it's consequences
Post by: fiulpro on November 06, 2017, 04:51:02 PM
Well I really want to support core team and I will probably dump the B2X.. also I feel B2X is really unsafe because sudden increase in the size , that 2 MB increase will put a lot of stress on node making it hard to cover for its safety and also at the same time it will be more suspectable to hacking , bitcoin is blessed with blockchain and its the most efficient backbone till date, its nearly impossible to hack and completely safe thus I will for sure consider safety before considering transaction speed.
So I will dump the bitcoin2X :) and support bitcoins


Title: Re: SegWit2x hard fork and it's consequences
Post by: Bitfyer on November 06, 2017, 04:51:31 PM
I am not surprised most people are not sure what the outcome of the fork would be, so it seems holding the two chain would obviously be the best to do after the fork. Even Cobra, the co-owner of bitcoin.org and bitcointalk forum hope it does not end up being the last days of bitcoin and begs for a fork with a new POW algorithm in case the unthinkable happens. Phew! Just tired!! No wonder bitcoin cash has been pulling some weight in value in the past few days.
https://cointelegraph.com/news/bitcoin-needs-new-proof-of-work-chain-after-segwit2x-says-bitcoinorg-co-owner

I'm not very sure about what to do, but probably I'll hold both and wait to see what is going to happen before making anything. I think it's not very safe try to sell BTC ou B2X just after the fork without knowing what could happen due to the lack of replay protection.


Title: Re: SegWit2x hard fork and it's consequences (Poll)
Post by: JaredStein on November 06, 2017, 04:52:37 PM
The consequences of the hard fork are only for the ones that end up holding SegWit2X coins. To get these coins you have to give up your private keys of your bitcoins to receive these new coins. That is a huge privacy issue as you are essentially giving away control of your bitcoins, nevermind your new forkcoins. Just download Samourai wallet by then, and they'll have an auto-dump feature.


Title: Re: SegWit2x hard fork and it's consequences
Post by: VitKoyn on November 06, 2017, 04:57:35 PM
I would like to know what people here will do after the hard fork.
I have no plans to sell my Bitcoins after the hard fork and will just hold it. I will also hold all the Segwit2x coins that i will acquire after the hard fork but only for short term because people will surely dump this coin once they claim it, I will just wait for price of B2X to pump a little bit to increase the amount of money that I will get and use it to invest more in real Bitcoin the original one not the one who wants to replace it. The market will decide and Segwit2x will fail and Bitcoin core will win.


Title: Re: SegWit2x hard fork and it's consequences (Poll)
Post by: zombie6 on November 06, 2017, 05:00:23 PM
If you did not have time to buy bitcoin, then now you need to wait for correction, and it will definitely be down to hardcore, get a b2x and then sell it and you need to pay attention to the alts, which have a small capitalization and not large volumes and which have long been on the market 1-2 year and those who have Segwit to buy after the hard-core, they will give a big profit!


Title: Re: SegWit2x hard fork and it's consequences (Poll)
Post by: asdlolciterquit on November 06, 2017, 05:15:47 PM
I've voted "Hold both BTC and B2X".

Unless one of the two coins seems that he's going to die, i will hold, hold, hold.

Anyways i think that bct will prevail, but his price will drop for a while...


Title: Re: SegWit2x hard fork and it's consequences
Post by: hugeblack on November 06, 2017, 06:37:20 PM
I would like to know what people here will do after the hard fork.

Only bitcoin because you can buy it and sell after 1 month and gain a lot , any new company use bitcoin name i think it is Scam coin and till now bitcoin only success virtual money and go away from others so if it crashed into zero all atcoins will crash but if  SegWit2x crash bitcoin may not crash


Title: Re: SegWit2x hard fork and it's consequences (Poll)
Post by: Jet Cash on November 06, 2017, 06:58:16 PM
What will I do? Well I registered the name BitcoinKnife.com,and when all this settles down, I'll put a site on it and discuss the options. At that time, I'll decide whether to sell, consolidate or buy.


Title: Re: SegWit2x hard fork and it's consequences (Poll)
Post by: kobecoin on November 06, 2017, 07:16:20 PM
If we have btc on Kraken and sell some btc to get etheurem just after the fork, do we get B2X few days after or we need to hold the BTC when Kraken decides to manage B2X?

My goal would be to buy btc to get the free b2x then to buy ethereum before the price goes up when many people will sell the btc they bought to get the free b2x.


Title: Re: SegWit2x hard fork and it's consequences (Poll)
Post by: Cazemiro on November 06, 2017, 07:25:18 PM
It's time to hold and wait, perhaps drink a beer or two..


Title: Re: SegWit2x hard fork and it's consequences (Poll)
Post by: Youngsta on November 06, 2017, 07:42:42 PM
i will sell B2X and buy more BTC.


Title: Re: SegWit2x hard fork and it's consequences (Poll)
Post by: -ck on November 06, 2017, 08:13:11 PM
SegWit2x hard fork and its consequences
Thanks.


Title: Re: SegWit2x hard fork and it's consequences (Poll)
Post by: Bitfyer on November 06, 2017, 08:54:12 PM
It's time to hold and wait, perhaps drink a beer or two..


... or three, or four, or five, or... It's hard to know how long will have to wait. Haha  :D


Title: Re: SegWit2x hard fork and it's consequences (Poll)
Post by: Mett33 on November 06, 2017, 08:59:07 PM
For sure will be a big mess

http://segwit.party/nya/

Read this
https://medium.com/@WhalePanda/final-thoughts-before-the-2x-fork-70058b3d80d3


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: xBitHodler on November 06, 2017, 09:01:02 PM
I'm against SegWit2x hard fork so I'm going to sell it for Bitcoin. I'm still not sure if I will sell my BTC and buy more during correction. More and more companies that signed the New York Agreement started to withdraw from it. I'm not surprised at all. I was quite sure it would eventually happen. Now the only thing left is to wait and see what will happen.


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: iluvpie60 on November 06, 2017, 09:01:27 PM
I think we should all hold some portion of it. Maybe sell 50% of it and take some profit. The price of BTC should go down after the fork because there isn't anything major happening anytime soon.

I am under the belief that the only reason the prices have gone so far up lately is because of the forks that are continually happening. Bitcoin Cash, Bitcoin Gold, Bitcoin Segwit2x, what other coin exists that had 3 splits that give you extra free coins? It is insane. There isn't any other fork coming up I am aware of, so we should go back down to 3,000 to 4,000 price levels. Keep in mind price was in the 1,000 area for awhile.


Title: Re: SegWit2x hard fork and it's consequences (Poll)
Post by: Bitfyer on November 06, 2017, 09:04:38 PM
SegWit2x hard fork and its consequences
Thanks.

Thank you. I fixed it already. I don't know what that apostrophe was doing there.


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: Bitfyer on November 06, 2017, 09:13:49 PM
hi..when will b2x hardfork happen exactly?

Block 494,784. It is hard to say the exact day. It is expected to November 16 or 15, but it can happen before, just like for BGold fork. We have to keep our eyes on the news.


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: rainbow169 on November 06, 2017, 09:19:31 PM
It's very unclear who will win, the community of the devs or the miners/business. I hope the core can still hold the chain which is BTC. End of the day, we need a chain that have devs to move it forward. I can't see segwit2x or BCH has the dev community follow like the core. so perhaps it's hodl for both, but I hope the battle is finished quickly and that the core guys can win but never underestimate the drama with bitcoin


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: jman0war on November 06, 2017, 10:06:00 PM
Maybe we can get Gavin back.


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: Bitfyer on November 06, 2017, 10:23:47 PM
I think we should all hold some portion of it. Maybe sell 50% of it and take some profit. The price of BTC should go down after the fork because there isn't anything major happening anytime soon.

I am under the belief that the only reason the prices have gone so far up lately is because of the forks that are continually happening. Bitcoin Cash, Bitcoin Gold, Bitcoin Segwit2x, what other coin exists that had 3 splits that give you extra free coins? It is insane. There isn't any other fork coming up I am aware of, so we should go back down to 3,000 to 4,000 price levels. Keep in mind price was in the 1,000 area for awhile.

Maybe there's another fork coming after SegWit2x. Bitcoin Silver, but it is not relevant.
Future market for Bitcoin Silver:
https://coinmarketcap.com/currencies/bitcoin-silver/


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: dimastegar on November 06, 2017, 10:43:21 PM
Voted!  Just HODL when segwit2x finish and buy more B2X when the price is dump.  Because Segwit is a great moment, Maximize it possible to earn lots of B2X. And sell when you have profit.


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: Mett33 on November 06, 2017, 10:54:24 PM
I think we should all hold some portion of it. Maybe sell 50% of it and take some profit. The price of BTC should go down after the fork because there isn't anything major happening anytime soon.

I am under the belief that the only reason the prices have gone so far up lately is because of the forks that are continually happening. Bitcoin Cash, Bitcoin Gold, Bitcoin Segwit2x, what other coin exists that had 3 splits that give you extra free coins? It is insane. There isn't any other fork coming up I am aware of, so we should go back down to 3,000 to 4,000 price levels. Keep in mind price was in the 1,000 area for awhile.

Maybe there's another fork coming after SegWit2x. Bitcoin Silver, but it is not relevant.
Future market for Bitcoin Silver:
https://coinmarketcap.com/currencies/bitcoin-silver/

This is ICO on ETH chain, not a Bitcoin fork.


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: Bitfyer on November 07, 2017, 11:38:52 AM
I think we should all hold some portion of it. Maybe sell 50% of it and take some profit. The price of BTC should go down after the fork because there isn't anything major happening anytime soon.

I am under the belief that the only reason the prices have gone so far up lately is because of the forks that are continually happening. Bitcoin Cash, Bitcoin Gold, Bitcoin Segwit2x, what other coin exists that had 3 splits that give you extra free coins? It is insane. There isn't any other fork coming up I am aware of, so we should go back down to 3,000 to 4,000 price levels. Keep in mind price was in the 1,000 area for awhile.

Maybe there's another fork coming after SegWit2x. Bitcoin Silver, but it is not relevant.
Future market for Bitcoin Silver:
https://coinmarketcap.com/currencies/bitcoin-silver/

This is ICO on ETH chain, not a Bitcoin fork.

Thanks for the explanation. Actually, I didn't read about it because I think it's irrelevant. Maybe just another scam? It is very strange that they use the name Bitcoin in something related to ETH chain.


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: Red-Apple on November 07, 2017, 12:21:51 PM
i will do what i did with all the previous forks. i will sell some bitcoin so that i have some money ready to buy the possible dip of after the fork when everyone panics a little.

i will keep some bitcoin on exchanges to be able to receive the new coins that may be the result of the fork and sell them as soon as i can and as high as i can.

i will keep the rest of my bitcoins (my bulk) in cold storage and won't touch them for years. i may split my coins later on when i find out a good time to sell the new coins and continue keeping my bitcoin in a new address.


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: Ingoats on November 07, 2017, 12:29:20 PM
I would like to know what people here will do after the hard fork.
Probably after the hardfork users would sell some of their bitcoin to make use of the profit once its market value alresdy increase and i doubt that they will already sell all of their bitcoin because its value will still continue to rise after the hardfork. But in my case, I would still hold my bitcoin and would selll next year.


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: lastjapan on November 07, 2017, 12:55:08 PM
As you guys know, coinbase is supporting the SegWit2x hard fork. When will be the best time to move bitcoin from private wallet to Coinbase?


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: Bitfyer on November 07, 2017, 02:23:08 PM
As you guys know, coinbase is supporting the SegWit2x hard fork. When will be the best time to move bitcoin from private wallet to Coinbase?

If you are planning to move your Bitcoin to Coinbase, you can do it anytime before the hard fork. But don't leave it for the last hour, because the fork may occur before than it is planned, and Coinbase will suspend deposit and withdrawals some hours before the fork.
If I decide to sell my B2X after the fork, maybe I move my BTC there, so I can sell it as soon as possible, because looks like it will be launched with about 15% of Bitcoin price. I don't believe It will have a price higher than that soon, but I'm still not sure whether I'll hold both BTC and B2X, or whether I'll sell my B2X and buy more BTC to hold.


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: mahessapap on November 07, 2017, 02:30:40 PM
Sell both and cashout , Because I think maybe after hardfork bitcoin prices will drop drastically, like hard fork before. And we can wait a nice moment again when bitcoin down and buy it or maybe buy altcoin because of course the price will go up. But who knows? good luck!


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: Rotellian on November 07, 2017, 02:39:10 PM
Hold until after the fork and then wait to see what happens before deciding what to do.   Most likely that will be selling off my 2x for Btc.   


Title: Re: SegWit2x hard fork and its consequences (Poll)
Post by: BrewMaster on November 07, 2017, 02:46:49 PM
to be honest i would do all of the above!

i think some combination of keep some sell some is the best approach to this upcoming fork. all the selling, even if they are small will leave you with some money at hand which you can keep ready (in your exchange wallet) and then buy more bitcoin when the end of the year rally is starting and enjoy the additional bitcoin that you get before the price reaches a new ATH.


Title: Re: Things to do after the SegWit2x hard fork (Poll)
Post by: Bitfyer on November 07, 2017, 07:50:55 PM
It is hard to know whether it will be safe to transact BTC or B2X right after the fork because the lack of replay protection. Coinbase said they implemented their own replay protection in their system, but who knows whether it will work properly. Maybe the best best to do thing is to wait before doing anything.