This is not from the same segwit2x team that got postponed last time.
You are correct and I asked them this question myself and was expecting some type of half answer or no answer at all. They are very happy not to have any of the dev team from the old Segwit team abroad and i got the impression that they were seen as sell outs. Ten out of ten for honesty I gave them after that and also note how fees went up as soon as the last attempt got postponed and if the dev team behind BTC cannot write a line of code that says Public CONST Money MAXFee=10.00; Then how on earth can they even attempt to fix 3 hour transactions time or the CPU War created by mining
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I had about the Segwit2x fork on dec 28th. Please I have a question. which exchanges supports the Segwit2x. I want to receive my fork coin after the fork happened. Thank you
Coinbase is no go, they use a pool account (possible fake coins) and I would go for downloading the Jaxx wallet so you own the private key but its not the safest in the world and you need to get into gear because transaction speeds are getting slower. See BitcoinInfo if the thought of a private wallet puts you off or see Youtube and see how easy it is too have your own money in your own pocket when it comes to Jaxx and good luck friend because I think we might all be swimming soon
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but this is just the way the cryptoworld works.
No it is not or can you name me another coin or another time when transaction fees were anything close to $20 never mind $50 ? What we are starting to see reminds me of a "Lock In" and slow speeds on this "Digital Money" suggests to me that the wheels are wobbling and are about to fall off so I am well ready to jump to the Segwit ship and i would suggest to you that you at least put a life jacket on because I cannot see this ending well myself
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I agree that gaining some $ through price appreciation is possible and would definitely go for risking a few bucks on this hard fork.
Slow transaction times and crazy transactions fees on BTC has lead to this fork and I for one have started to fear a lock-in and not the sort you get at the local bar so they now risk the public not arriving in the numbers they wanted and news about these mega high fees is starting to reach the public and for all we know they could soon be over $100 I will mine for free if my simple Intel I7 can be of any use for Segwit2x because I don't like bankers and that's what brought me here in the first place
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the best thing to do so you can be sure that you will receive the forked coins is to move your bitcoins to an address that you have its private key this is 100% , binance may distribute the fork coins but if they don't make an announcement then there is no guarantee but when you have the coins in your own address you would be able to get all the fork coins in the future
Yes i must agree, best answer so far. Crazy (By the balls) BTC transaction fee could well eat up you gains and by my calculations today you need to move at least $350 worth to make a gain but B2X stands a chance of going up and these $40-50-60 BTC fees could well far exceed $100 if they try locking us in which is starting to look like the case. The trust is gone for me and they can save the "Lightning Network" banter after I watched this https://www.youtube.com/watch?v=UYHFrf5ci_gYes that's "Banksters" with a capital "B"
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There are many sites who support hard forks and give free coins equivalent to our bitcoin savings but if you are planning transfer your bitcoin just to get the chance for coins you must think twice because the transaction fees are reallt so bad and there is a chance that the fee will be higher than thr token or coins you can received after the hard fork.
Yes agree 100% but if that's the game the miners on BTC want to play then hanging around for fees to hit $100 or more is like waiting for the mafia to lock you in at the casino so best head towards the door now. The Segwit casino (it is all gambling you know) suddenly looks a lot safer and i tend to trust my gut feeling as much as my well crafted computer like logic that comes from programming systems like they one I find myself playing in
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He will spend more than $40 bucks to send his coins to the exchange that allows them, to receive $50 or $60 worth of those coins, LMAO
Dont join this hardfork, it is a waste of time, trust me.
Yes it cost me about $5 more to get my coins out from Coinbase and into my private wallet than I think I will make from Segwit2x but I will not let Coinbase decide if they need to give me my free gift or not and this "$50 or $60 worth of those coins" could rise to $100 so who's LMAO if that happens "he is trying to get as much money as he can from this shitty fork" Who is "He" and with BTC fees and slow speed what makes the new fork shitty ? Having a car is no good if the motorway does not work is it now and when you say trust me, well if your a miner, well I don't and can you not see how your fighting a CPU army's race and the only ones getting rich are the hardware corporations and banksters. p.s I stack ETH too but want to see contracts as being more than just bean counters that charge "Gas" for storing bytes and they needed to lets contracts kick out to the outside world and not just other contracts that charge more "Gas"
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As long as it's in the right place. If you're using Coinbase, they probably won't support that stuff. So.. yeah. Just saying. I'd probably just go to a cold storage wallet.
It was a shock about Bitcoin cash being released by Coinbase and they owe me some Bit-Gold but this time I was ready for them and moved my coins out onto a Jaxx wallet that's very easy to use but its not the safest in the world I had done the calculations and by my book unless you have more than about $400 in BTC then the stupid high transaction fee will eat up more than you will make by moving your coins just to get your free Segwit2X but on principle i moved my last bit of BTC out from Coinbase and hope to see B2X going up so cover my slight loss on the move. Got no trust in BTC miners, do not try holding me by the balls because it won't end well
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Are you blind? Can't you see the other segwitx2 threads on the frontpage of this section or something?
This is just going to be some shitty fork made by some random clowns who want to lift on bitcoin's name and make a quick buck. Stay away and dump imo.
Naw it's not easy to see everything on the index page with so many bum patting posts about how BTC is the best, going to the moon , it's about to be fixed and someone keeps pumping up old comments since you mentioned it. Tell me why do you fear this fork or will it be eating into the mining fees you have been charging or does the thought that the price might drop upset you because from my end it looks just like a free gift but your anger seem quite telling to me. Please tell me that your not a miner or punter and your part of the programming team in "Bit Core" because I would love a chat with you
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The exchanges though everyone is different and I read an article now that states which will support. Note this article is from late November and the info could be not accurate double check yourself.
How does this process work and do you have to give the exchange your public key to prove that you own the coins on the block-chain at the time of the fork ? Public keys change when you spend so that's not going to work. I bet some of these exchanges are out to charge a fee at the very least
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No, you are not going to receive anything on GDAX just because they are not going to support forks, they never did.
Anyone who owns coins that are on the block-chain at the time of the fork on the 28th will get B2X at the amount of 1:1 just like happened in the previous forks regardless of were they purchased them from including GDAX so long as they own the private key (Not Coinbase wallet) and if GDAX will not trade B2X in a few weeks time then other places will. Coinbase/GDAX will obey the markets and so will the miners in BTC who have been taking the biscuit and they are not needed to claim your free B2X Looks like the casino manager was also doing a bit of mining and is bitter but maybe he should ask himself how can punters play his slot machines if it costs them $25-$55 just to transfer $20 to play his slot machines
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Hi, Bitcoin fees are becoming too high, will Lightning Network lower the cost of the transactions? How will it be implemented?
You are in luck you found the right man who can point you in the right direction https://www.youtube.com/watch?v=UYHFrf5ci_gDon't forget to have your coins on the block so you can profit from the Segwit2x fork on the 28th and pay no attention to miners posting here that know that the jig is just about up. Viva le Market
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Looks like another batch of scammers have come along who have no grasp of the concept or importance of consensus.
The consensus is that miners have been ripping us off in transactions fees and slow to stop service speeds so I am happy you grasp the concept and won't take it personal as we put our coats on and head in an orderly fashion towards the doors Now be a good chap and fetch me another beer will you now ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Does anyone know if bittrex would credit you the amount of btc you have on the wallet? Also does that mean you should not move any btc from your wallet on that day? They mention if you have btc on the fork you get it... but what if you send the btc from that wallet later on in the day?
The block-chain allows the balance for each wallet to be calculated more or less for any given time or date so you will still get your free B2X on the balance for the fork date/time even if you sold them all the next day. My you are eager to get out but i would wait a few hours instead of rushing for the door or you might start a stamped before i get out, only joking, no need to panic I don't think but who knows and if transactions fees hit $100 then the event will be written in our history books and the public won't go near BTC with a barge poll after that.
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This is the part most people seem to be missing..
Snapshot was taken means it's useless to move your coins now. They had to be there at the time of the snapshot.
Nice try, work in mining do you by any chance. Like past forks they have told us the block number when the snapshot will be taken but they cannot give us the exact time on the 28th when this block will be mined. You can look this fact up yourselfDon't worry i won't get out on the 29th and sell my BTC or even the first week in January because my trust has been broken due to miners greed but lets just say the die is cast already
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is just a fork only.. might as well keep some bitcoin and get some of them if its available.. yes you are right bitcoin fees are high and has very slow in transaction. i think bitcoin will upgrade in Q1 of 2018 that will give bitcoin a huge pump.
No point upgrading any hardware of the 20,000 full nodes because we already have 100 X more horse power than we need so we waste it with PoW and CPU war when mining so you must be talking about a software upgrade which has already been planned and is called "Lightning Network" and is being tested but BTC had been tested for six years and look at the mess we are in today. Lightning is a move towards banking and uses channels and centralized hubs but it's really a means to extend lines of credit, it's what banks do when not burning energy with the CPU war that has been created as an Easter Egg in BTC See https://www.youtube.com/watch?v=UYHFrf5ci_g if you want an education instead of playing slot machines and hoping your luck last out for the next round
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I am just hearing this for the first time. But not much publicity was made or has been made about this. I will advise that if you don't have seasonable bitcoin, don't bother to transfer because, the cost is exorbitant.
You sir are bang on the money. I just brought about $250 in BTC and then moved it out of Coinbase account and into my Jaxx wallet and this was a lot of effort but i had already done my sums and it turns out that i would get about $15.00 worth of extra coins in B2X wallet at today's 15:1 BTC/B2X Ratio but had to pay greedy bastard BTC miners $25 in transaction fees. Now tell me sir do you think that I would do this if I didn't think that B2X was going to go up between the 28th and the release data. The public have not arrived yet but when they do and see BTC at $10,000 (I will be out by then) and B2X at say $2,000 and then look at the transaction fees then can you guess which one they will be buying into and thinking it's cheap if ETH or BCH does not turn them on
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What about transfering to blockchain.info? They provide you your private key, so any forked bitcoin could be retrievable, right?
OK you risk sharing the key with them and this is just what I thought Coinbase was doing and Coinbase even give you the public key to maintain the illusion but when you check the public address in the block-chain you then realize it's a scam and the coins come from a pool account and for all we know they are fake. I love the API's blockchain.info offers to developers so yes your plan sounds right to me and I think they can be trusted unlike Coinbase who even scammed me out of the $10 joining fee, keep away from them, bad news
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I would load all the numbers in excel and calculate what I might get. But I wouldn't send more than 1/ 4 of the funds I have. And I think the 12/28 is a scam anyway, especially I liked the roadmap image displaying step 5 as implementing "Ethereum smart contracts". ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Ethereum smart contracts are just a way for ETH miners to make profit and are little more than bean counters that charge gas down to the byte level for storing any data you like on a block-chain. My guess is that it's just a placeholder in the map for Segwit hosting services that can be mass deployed to servers/miners so they can perform some productive work instead of whats happening now where BTC miners rev up the engine without putting the car in gear and call it PoW because they have no real productive work to do. I have some ETH and can send small amounts in seconds without paying $25-$55 to miners and have done lots of research instead of being a slot machine boy and did manage to find just the ICO i was looking for but it had already sold out (Get a load of this) in 22 seconds so lets not fight over the left over bones that the bankers throw us from time to time
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BTC wasn't designed for this mass adoption.
Yes it was and it was in the white paper from that guy that has gone walk about from Japan and it also said "Near virtually free transaction costs" too and talked about having no inflation but each fork will double the money supply and that's something called inflation. Being a software engineer I can understand why it won't scale because all the full nodes need to hold a full copy of the ledger and then they have to use a link list to go back down the chain to verify the history of each part coin in a wallet during a transaction and that is plain stupid once the data gets big. PoW is another stupid joke designed to make power companies (Big Oil) rich plus keep hardware manufactures in profit with the CPU wars they have created with mining. Please do not make excuses for the current state of affairs because it was planned all along, Easter egg in plain site it was and I hope the new kids on the block get to fix it.
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