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Author Topic: Will Roger and co pump B2X futures on Bitfinex?  (Read 597 times)
AtheistAKASaneBrain
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October 08, 2017, 02:59:39 PM
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Roger Ver has shown explicit support for the Segwit 2x fork, to the point of claiming that his propaganda website, Bitcoin.com, will list Segwit 2x as "BTC". Source:



Given these facts, why are the futures looking bad for B2X? These people are rich, shouldn't they be pumping Bitfinex futures on B2X? Or simply there's enough people already dumping it and nobody cares?

Looks like B2X will meet the same fate as BU futures. Just another dead shitcoin.

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BartS
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October 08, 2017, 05:25:12 PM
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Roger Ver has shown explicit support for the Segwit 2x fork, to the point of claiming that his propaganda website, Bitcoin.com, will list Segwit 2x as "BTC". Source:



Given these facts, why are the futures looking bad for B2X? These people are rich, shouldn't they be pumping Bitfinex futures on B2X? Or simply there's enough people already dumping it and nobody cares?

Looks like B2X will meet the same fate as BU futures. Just another dead shitcoin.


Simple they want money and if they were to try to pump that coin they are going to lose money so that is why they are not doing it, who in his right mind will invest in something if you think that is going to give you losses? And that is if the fork happens at all, if the fork happens I do not think we are going to see the miners moving all their mining equipment to mine this new coin, they are going to test the waters first and when they see it is not going to give them profits they are only going to assign a small amount of their hash rate to that altcoin. 
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October 08, 2017, 06:14:13 PM
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Looks like B2X will meet the same fate as BU futures. Just another dead shitcoin.
Seems very unlikely and very illogical of you.  Bitcoin Unlimited was never guaranteed to happen and the circumstances changed so that it's very unlikely that it would ever fork off (especially after Bitcoin Cash happened on August 1st).

What seems more likely is that it will disrupt the network for a while due to confusion and then there will continue to be a confusing scenario with two different coins trying to call themselves Bitcoin.
his propaganda website
It is at least somewhat subjective which coin should be considered Bitcoin.  I wouldn't go as far as to call it "propaganda".  Hopefully though, all major businesses will try to clarify which chains they're referring to whenever it's important for their users' money.

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leonair
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October 08, 2017, 06:49:08 PM
 #4

Roger Ver has shown explicit support for the Segwit 2x fork, to the point of claiming that his propaganda website, Bitcoin.com, will list Segwit 2x as "BTC". Source:



Given these facts, why are the futures looking bad for B2X? These people are rich, shouldn't they be pumping Bitfinex futures on B2X? Or simply there's enough people already dumping it and nobody cares?

Looks like B2X will meet the same fate as BU futures. Just another dead shitcoin.



This really shows what they are a 'businessman' if we all just think it logically they are just investing for some new things to happen and will support it to happen and when the time comes that it is there they will market it to the point there are enough people that will invest in it then they will make a huge profit in that scenario because they are the pioneer of that idea, it is a make or break for this businessman and we all clearly see what their intentions are.
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October 08, 2017, 07:17:05 PM
 #5

Roger Ver has shown explicit support for the Segwit 2x fork, to the point of claiming that his propaganda website, Bitcoin.com, will list Segwit 2x as "BTC". Source:



Given these facts, why are the futures looking bad for B2X? These people are rich, shouldn't they be pumping Bitfinex futures on B2X? Or simply there's enough people already dumping it and nobody cares?

Looks like B2X will meet the same fate as BU futures. Just another dead shitcoin.


At this point I don't know what to think anymore, it's really hard supporting one thing or the other because apparently people tend to support what's best for them instead of helping the community and the network grow. When I first learned about crypto I thought Ver genuinely wanted to help and improve bitcoin, now I'm not sure anymore. At the end of the day I hope the true bitcoin chain will persevere.
AtheistAKASaneBrain
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October 11, 2017, 12:40:31 PM
 #6

An update for anyone following the price evolution of B2X futures (they are listed as BT2 and trading like BT1/BTC for Bitcoin and BT2/BTC for Segwit2x)

https://www.bitfinex.com/order_book/bt2btc

Quote
Asks
Price    
0.21985



This is the current price. It's tanking fast, not a long ago it was 0.5, it has lost more than double it's value. BT1 is trading at 0.78 BTC.

I can't wait for the real whales to dump Segwit2x coin into oblivion when the time comes. I hope I get to dump fast enough to get my free BTC.
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October 12, 2017, 03:21:34 PM
 #7

An update for anyone following the price evolution of B2X futures (they are listed as BT2 and trading like BT1/BTC for Bitcoin and BT2/BTC for Segwit2x)

https://www.bitfinex.com/order_book/bt2btc

Quote
Asks
Price    
0.21985



This is the current price. It's tanking fast, not a long ago it was 0.5, it has lost more than double it's value. BT1 is trading at 0.78 BTC.

I can't wait for the real whales to dump Segwit2x coin into oblivion when the time comes. I hope I get to dump fast enough to get my free BTC.

This are good news, while I will prefer for the fork not to happen on the first place but if the miners need another reminder that it is the people the ones that control bitcoin and not big business then let them, it seems that more and more of those that signed the New York Agreement are leaving the agreement and I cannot be more happy, at the end we are going to remember this point in time as the moment when bitcoin and its users showed their strength.
kolesozw
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October 12, 2017, 04:11:30 PM
 #8

I think they just want to make some money.

I mean, imagine if you have $1B in Bitcoin and now the B2X futures are trading at 0.2.... this is 200 000 000 USD from the air.

BartS
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October 19, 2017, 08:22:00 PM
 #9

I think they just want to make some money.

I mean, imagine if you have $1B in Bitcoin and now the B2X futures are trading at 0.2.... this is 200 000 000 USD from the air.
That is a strong possibility but at the same time things are not as easy, the more bitcoin they have the more difficult it is going to become to sell their coins because if all of them begin to sell at the same time, then the price is going to crash and they are not going to get the profits they thought at first, so as you can see it is not a sure thing they are going to get such big profits and that is why many miners are getting out of the NYA.
mptak123
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October 26, 2017, 08:51:26 PM
 #10

Hi

Maybe they will pump it elsewhere.

B2X is now trading on HitBTC and not only.

Please see the video for more details:
https://www.youtube.com/watch?v=vF7heYZWVO8

Regards, Marcin

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