Bitcoin Forum

Personally I dumped my shares of BTC 9th November after the suspension of the fork. I just don't see how the high-price right now justifies the value.

So why are you guys still holding onto it, or buying in now? ???
Do you anticipate that some rouge miners will carry on with the Segwit2x fork ,and then you claim your shares?
Even if the fork gets carried on, will miners really mine it? A coin without support from the community, I see more drawbacks than advantages.

LOL. Having a fork doesn't always mean having free money out of a new coin that is coming out from Bitcoin, Bitcoin is the main Crypto and all other alts need Bitcoin, so why should we dump?

The simplest answer for that is, Bitcoin is the main thing here, why do you think it should be replaced by some mere coin that came out of nowhere? Bitcoin can have as many of that bad news, but eventually it'll come back up again.

Yes, I cannot see why SegWit2X will not see the light. The developers wanted to introduce SegWit2X as a counter for other

implementations {SegWit} and it failed. They still think it is a better solution, but some of the main supporters jumped ship.

If they can manage to get a team together to continue with it, they might push through with it. They never said it was

cancelled, they only said it was suspended. {that tells me, they want to re-visit it again}  ::)

Barring some monumental development within the community, I would say no.

Its backers, however few of them were, pulled the plug on it because they couldn't get community support. I don't see that factor changing anytime soon, so its old backers are not going to start backing it again anytime soon. There will still be advocates, of course, but there's no point in going through with the fork if no one will use it anyway. If they ever decide to go ahead with the fork anyway despite the issue of lack of support, then it will be because of nothing other than pride, and it won't change a thing.

Didn't meant that it should be replaced by some unknown coins, I'm interested in if the public think that the price now is justified.

It has nothing to do with forks - only BTC enthusiasts care about forks. BTC is going up in value because there's no fork and the rest of the world (i.e. not BTC nerds) want stability and a simple future. BTC can now continue its steady rise indefinitely, buoyed by all the mentions of BTC on the news and in the papers.

$10k at Christmas would be nice, but I'd make do with New Year.

I laugh at your losses and frankly speaking, we don't really need profit seeker people like you who just want to earn some free money and then planned to dump the bitcoins. We want a healthy ecosystem for bitcoin where profit seekers like you simply doesn't belong to. We all are here for earning some money, but we don't simply dump our bitcoins for silly reasons.

But I think you have already learnt your lesson looking at today's bitcoin price. Because you expected that bitcoin price will go down after the fork is cancelled, but look now, we are scoring even higher after filtering out all short term profit seekers. Just for your information, that SegWit was called off temporarily, not permanently. We still need to increase the blocksize for faster transaction processing. It will be taken care in future by some other method probably.

I dont care about those free coins that the segwitx fork was going to give us, i only care about bitcoin, and that all thing from the segwit team and bitcoin cash team was just a setup to make bitcoin bleed a lot.
Why do you think that fees are so high right now? it is because a lot of miners are now mining bitcoin cash because the devs promised the miners to have more profits if they mined bcash instead of btc.
The segwit fork is a lie, and it will never happen, it was just a plan to switch bitcoins for bitcoin cash.

That is right that we should not care about it, although currently there are now such chances but any thing can happen in future. I think people now giving more importance to trading and investment, they do not care about bad new that usually people spread in the market which do not have have any reality.

I read on Merkel That the B2x people are going to try again after some tech upgrades, mainly better replay protection.  We will see.  I don’t think this is going away because it’s futures were trading at $2000 before it was called off.... too much money to be made to abandon it now.

It will, the past events have been traumatic, maybe they just pacified the people who are protesting on their malicious agenda. Bitcoin is now runnning ti breach $8000 , and i think it will continue to run upward, The backers of Segwit2X and also the BCH Shillers and Pumpers (in my opinion) will resume their attack next year.

That is the common perception of people to Hard forks, free money. Why not an update, a development or "cleansing", right? From that we can see who don't really care about bitcoin, though most of them are like that, including me, but I don't refer hard forks as free money but a development.

About the bold part, let's be honest for a second, all people buying Bitcoin are here for a reason, to sell eventually, at least 99% of them.
Most searches on Google are: Bitcoin+investment.
Loads and loads of holders have no idea what cryptos are and want to sell eventually. So I don't see anything wrong in OP's decision, sure he lost money since he could have sold at a higher price ($8000 last night), but 99% of people will sell eventually.
We all have a different target, but as long as Bitcoin is volatile like it is been this year, we will always have lots of short term investors, just here for the money, with no real knowledge about cryptos and just willing to pay Xmas gifts with their profits. Don't blame them.
People will hold for longer when buying things with BTC (house, cars, flight tickets) will be a normal thing. Still a long way to go.

Actually I didn't lose anything, I made profit, but could profited more If I hold longer. And yes you are right, people who invest are profit seekers.
I too support bitcoin, but just not at this price. If it keeps raising like that, it will cause deflation and a coin that fluctuates this much is not stable.

Of course from traders/money seekers point-of-view this is a good investment candidate.

I also laugh at you avikz, because you if you are not profit seeker then why don't you donate all your BTC and invest in some 0$ shitcoins? Hahaha ;D

Approximately 1Hour 54 minutes until Segwit2x activation or termination.
Interesting to see how the market will react.

We don't need a fork to invest in bitcoin.. It's continuously rising in price making it a good long term investment.