[2017-10-01] Roger Ver Bets $4 Million on SegWit2x Hard Fork

[hatshepsut93]

Roger Ver didn't dump his BTC for Bcash so I'm pretty sure he won't make any "bet" on SegWit2x coin - this is merely a FUD and attempt to boost morale of SegWit2x camp, as they were suffering from defections lately. And from technical point of view supporting both BCH and SegWit2x doesn't make much sense - BCH was created as an opposition to SegWit and Bcash supporters believe that it's broken and against Satoshi's vision. So, Ver is just supporting everyone who is against Core for some reason.

its called Bitcoin Gold :
https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/
https://news.bitcoin.com/a-closer-look-at-the-suspicious-activity-involved-with-the-bitcoin-gold-fork/

but Ver's Lament is a good name too 
no idea why ,probably wants free money and all the talks about "decentralisation" and such
are the usual Ver's code words for greed and egoitism

Bitcoin gold is another upcoming hard fork that will change PoW algo to Equihash to mine it one GPU's. Forking Bitcoin is a hot trend right now.

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[Benezim]

Forking Bitcoin is a hot trend right now.

It's a logical development in the context of increased concentration of hashpower in large mining pools / companies.  These companies / pools will fork off their own versions of Bitcoin and support them in the early days to get them going.

Advantages
- You are not subject to ICO regulation (as far as I know)
- Users love it (temporarily) because it's free money

But only a few of these chains will survive long enough to be of any relevance (because they are mostly designed with the aim to get rich rather than really addressing improvement needs in the BTC protocol).

[buwaytress]

Some say it's a bit embarrassing for devs to come out and play publicly, but then again, we're all human and entitled to bit of fun.

Actually, someone here already challenged Roger Ver to a similar bet when Bitcoin Cash came out, if I'm not mistaken. Ver duly accepted, and the challenger duly went missing. I tried looking for this post but can't find it. I'm pretty sure it was substantial, though probably not the 1,000 BTC on stake here.

Anyone interested in a P2P bet similar to this, do PM me:) I don't mind giving up all my fork coins for equal amounts of BTC!

As far as I know, it called bitcoin gold.
Bitcoin, bitcoin cash and then bitcoin gold, as Roger ver really sure that the coins on the SegWit2x blockchain will be worth more than original bitcoin, then the price of bitcoin will be rise again due to people will likely to buy more bitcoin to get free bitcoin gold, right?
Hold yours and be ready to sell bitcoin gold, the same story for bitcoin cash I guess.

I think that this crypto currency will be even worse (less popular) than bitcoin in cash. The fork, which was in August, did not really stir people. And this means that the fork in November, too, will pass without harm to the bitcoin original

You're right. Bitcoin Gold is yet another fork proposed and could even end up happening earlier than Segwit2x (end of this month).

[TraderTimm]

BCrash is living up to its name, plunging to lows not seen since mid September, and to a degree - mid August.

Ver might try a "hail mary pump" just to keep it going, but its clear the trend for this crapcoin is towards the basement.

As for alt-forks, they can try and try again. All they're doing is diluting any impact they would have if they had just stuck with one alternate.

I find it hilarious that their desperate greed is becoming their undoing.

[richardsNY]

I find it hilarious that their desperate greed is becoming their undoing.

It might look like that, but who knows, it might be that Roger cashed out a major part of his BCH already, and thus isn't interested in keeping the value of 'his' toy over certain level anymore. I think it's safe to say that his focus is more pointed at the potential chain split in November, which again will translate into a major profit opportunity for him and his fellow brainwashed wackos. I wouldn't be surprised to see them ditch the SegWit2x split coins afterna while (just like what will happen with BCH), and then initiate another split coin to repeat all this -- it's almost a cycle.