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Author Topic: Is/will BTC Segwit2x be worth/the same as regular BTC?  (Read 224 times)
newbalancebtc (OP)
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November 01, 2017, 09:55:36 PM
 #1

Hi,

I hope everyone's day is going well.
Here is the thing:

- Recently purchased a Ledger Nano S to hold ma new BTC (because I do not trust coinbase even though I should).

- When I went to move it over to my hardware, the chrome ledger app for BTC asked if I wanted to switch my blockchain to SegWit2X. It mentioned stuff like "it is safer, faster, and the fees are much lower". Naturally, it sounded like a good idea; so I switched blockchians to it instead of the original BTC blockchain.

- Looking at forums, articles, and youtube videos, I have several reservations now about doing this: will my SegWit2X coins be equivalent to original BTCs; if they are not, how will I determine their equivalence; and should I just revert my wallet's blockchain to the original BTC (b/c I am not sure if I opted into reply attack protection).


I hope these questions are not too stupid.
I am still learning to sort out the crappy information from good stuff.

Respectfully,
Michael
hase0278
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November 01, 2017, 11:23:46 PM
 #2

Hi,

I hope everyone's day is going well.
Here is the thing:

- Recently purchased a Ledger Nano S to hold ma new BTC (because I do not trust coinbase even though I should).

- When I went to move it over to my hardware, the chrome ledger app for BTC asked if I wanted to switch my blockchain to SegWit2X. It mentioned stuff like "it is safer, faster, and the fees are much lower". Naturally, it sounded like a good idea; so I switched blockchians to it instead of the original BTC blockchain.

- Looking at forums, articles, and youtube videos, I have several reservations now about doing this: will my SegWit2X coins be equivalent to original BTCs; if they are not, how will I determine their equivalence; and should I just revert my wallet's blockchain to the original BTC (b/c I am not sure if I opted into reply attack protection).


I hope these questions are not too stupid.
I am still learning to sort out the crappy information from good stuff.

Respectfully,
Michael
Don't worry because you have the same amount of coins from both gains because btc segwit 2X is a fork originating from the original bitcoin blockchain. They aren't the same with value though still you can revert with them anytime. All you need to have is your private key and you can interchange between them. That's why some hoarded, they have done that in order to get b2X too which is literally free money if one held btc but still like btc it has potential to go on par with original chain.
avikz
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November 01, 2017, 11:25:35 PM
 #3

I really don't know much technical nitty-gritties of bitcoin and SegWit 2X, but I am sure 2x will not fail miserably like bitcoin gold. But I don't expect the price of 2X and bitcoin will be same in any way. But it only can higher than bitcoin cash because there are some big names of crypto currency market supporting this fork. So the acceptability of 2X will be higher than bitcoin cash or gold, so you can expect a better price in the market for 2X. But certainly can't match with bitcoin. Because father always remains father.

Raegorl
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November 02, 2017, 12:44:31 AM
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This is impossible to tell... Most people are betting on the fact that Bitcoin x1 + Bitcoin x2 will be worth more than Bitcoin is right now so they can earn some "free money" just by holding the only chain currently. I think this will be the case aswell...and after the fork everyone flows back into alts

ss890
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November 02, 2017, 02:37:24 AM
 #5

Believe it won’t affect the bitcoin holders in negative way but the only positive itself. Im looking forward to great opportunities make big money in short time and when the forks like this come in play then I will always have it as potential opportunity. It is good for us who invest money in bitcoin because what we get is a reward for holding the coins.
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