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Author Topic: Get 16% more Bitcoin by selling B2X before the SegWit2X fork!  (Read 326 times)
cyyap95
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October 20, 2017, 06:28:36 PM
 #1

Hello guys, I've written a guide for those that wanted to sell their B2X (SegWit2X Coin) before the fork actually happen.
At the time of writing, you can get about 0.13~0.15 BTC per BTC you already owned, which is a pretty good deal for those like me only wants Bitcoin (Core).

Read my blog here: https://josephyap.me/you-can-sell-your-b2x-before-the-fork-for-16-more-btc-now/

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hatshepsut93
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October 20, 2017, 06:39:22 PM
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This is a good opportunity for people who are ready to face some risks, but for me it's kinda too uncertain - there's still one month before the fork and a lot can change, maybe something will force exchanges to change their stance on SegWit2x, maybe the fork itself will get canceled or it will be so disruptive that it will lead to some loss of funds for exchanges. For example, Bitfinex credited only 0.85 of BCH for each Bitcoin due to their mess up with margin positions. Since there are so many parties involved in SegWit2x, I'm sure that its price will be supported and even pumped for long so most people would be able to dump it like it happened with BCH. I don't see any need to face risks, unless you want to trade as soon as markets will open to catch some pump.

cyyap95
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October 20, 2017, 06:48:32 PM
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This is a good opportunity for people who are ready to face some risks, but for me it's kinda too uncertain - there's still one month before the fork and a lot can change, maybe something will force exchanges to change their stance on SegWit2x, maybe the fork itself will get canceled or it will be so disruptive that it will lead to some loss of funds for exchanges. For example, Bitfinex credited only 0.85 of BCH for each Bitcoin due to their mess up with margin positions. Since there are so many parties involved in SegWit2x, I'm sure that its price will be supported and even pumped for long so most people would be able to dump it like it happened with BCH. I don't see any need to face risks, unless you want to trade as soon as markets will open to catch some pump.

Well if you read up the policies, it's actually stated that BT1 will turn into BTC no matter the fork happened or not. Personally, I didn't do it because I do not trust exchanges, so I don't feel like putting all my Bitcoin into the platform, but I'm sure there are people who trust exchanges, for example, people who lend swap in Bitfinex, this is an opportunity for them.

I guess you probably misunderstood a little, I've friends who do the same thing during Bitcoin Cash fork, and it works fine, the one you said about them crediting 0.85 BCH per BTC is actually a different case here.

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mptak123
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October 26, 2017, 08:43:53 PM
 #4

Hi

B2X is already 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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October 26, 2017, 09:02:41 PM
 #5

This is correct. The futures market removes limitations of speed from the equation. If you wait for the fork, people who are able to dump their coins fastest on exchanges might end up getting the price. With these futures, you can trade segwit2x coins at your own convenience.

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November 06, 2017, 01:45:41 PM
 #6

Hi

B2X is already trading on HitBTC and not only.

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

Regards, Marcin

sorry iam newbie i want to ask question.
how they can trade when b2x fork is not done yet.
from where they got b2x ballance?? who supply that b2x so can be trade before the fork?

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November 06, 2017, 02:04:29 PM
 #7

Best case scenario for all those who hoarded up Bitcoins in preparation for the fork, as they will obtain the highest 'dump' value on Segwit2x before the mass dump actually happens when the official fork happens. The exchanges offering this are pulling off a brave one in doing so as they're giving out B2X even before it is out and if something goes unexpected, it is going to be a big blunder.

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cyyap95
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November 09, 2017, 02:12:33 AM
 #8

Congratulations to anyone who did this! SegWit2X is canceled, BT2 (SegWit2X) contract has lost almost 90% of its value in a night and should be gone to no value as it won't exist anymore, so for anyone who sold their BT2 contract, 16% more Bitcoin  Grin

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