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Author Topic: coinbase confirms 2x is an alt  (Read 203 times)
European Central Bank
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October 23, 2017, 11:43:08 PM
 #1

https://support.coinbase.com/customer/portal/articles/2892985-segwit-2x-faq

now there are some weasel words in there letting themselves off if 2x somehow kills bitcoin, but this is the biggest player confirming that 2x is an altcoin. it was kind of inevitable anyway but a confirmation is good.

who cares about that gold crap? this is the fork that counted.
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October 24, 2017, 05:29:52 AM
 #2

That's good. Yeah, it's very obvious they're trying to sell B2X hard though:

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Bitcoin Segwit2x is a proposed change which is intended to improve the speed and cost of Bitcoin transactions. If the upgrade is not universally accepted, it may temporarily create two Bitcoin blockchains via a fork of the Bitcoin network.

Quote
If the Segwit2x change is accepted by most users, we may choose to rename these blockchains at a later date.

Nothing negative to be said about it. It was kind of worded in such a way that people with limited knowledge over Bitcoin is sure to side with B2X. It should at least have stated that core, and the majority of long time users are against it. But eh, for as long as we're clear which the main blockchain is, I'm satisfied.

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October 24, 2017, 05:55:49 AM
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Nothing negative to be said about it. It was kind of worded in such a way that people with limited knowledge over Bitcoin is sure to side with B2X. It should at least have stated that core, and the majority of long time users are against it. But eh, for as long as we're clear which the main blockchain is, I'm satisfied.
No.

Quote
If the upgrade is not universally accepted, it may temporarily create two Bitcoin blockchains via a fork of the Bitcoin network.
This makes it clear that it would become an altcoin as there is absolutely, nowhere near "universal acceptance" for this. At best, maybe 1% of the userbase wants it.

I like this one better though: https://blog.bitmex.com/trading-shitcoin2x/.
Garzik launches his own shitcoin: https://www.reddit.com/r/Bitcoin/comments/78cw0a/2x_dev_jeff_garzik_launches_his_own_shitcoin/.

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