Segwit2x in November

[squatter]

It's completely unbelievable that nobody speaks about the fork...

I'm concerned about it. I see more posts about lambos than about the lack of replay protection on B2X.

I have read this article today and devs on both sides are trying to find a solution for it: https://bitcointechtalk.com/replay-protection-schemes-in-segwit2x-45cba620006b

I'm increasingly less concerned about the lack of replay protection because that issue has gotten a lot of press. I've seen lots of newbies asking about it, and I think services are very prepared this time around after the ETH/ETC debacle last year.

What I'm more concerned about is the increasing hash rate. Difficulty increased significantly on the last adjustment, and will likely do so again shortly before the fork. That means the hash rate will be split (between the two chains) right after difficulty increase. This could cause significant disruption, congestion and high fees.

Bitcoin Cash is rallying, and they are also set to fork to return to a Bitcoin-like difficulty algorithm a day or two before the Segwit2x fork. That's no coincidence. They are setting it up so users will go to Bitcoin Cash for the reliability and low fees, and hash power will come to Bitcoin Cash for the profitability amidst the difficulty clusterfuck in Bitcoin.

I'm hopeful, but I'm also keeping this disaster contingency in mind.

[EdenHazard]

What effect on price do you think this will have? Could we have similar crash as in July?

I think the pricing is really nearing its peak and we might be experiencing crash on or before Segwit2x. The correction will not be far from $7000 and not lower than $5000.

i wish the market will prove that you guys are wrong , a lot of people think after the segwit2x activated the price of bitcoin will dropped to lowest down more than 30% or so from the current price , it is just a completely wild speculation .

we are in good price and some people even think it is a reasonable price  considering the demands crazily increased.

[bifle]

a lot of people think after the segwit2x activated the price of bitcoin will dropped to lowest down more than 30% or so from the current price , it is just a completely wild speculation .

Given the BTC/BTC2X futures at 0.2 BTC2X for 1 BTC, a price drop of 20% is logic. A drop of 30% is understandable, if we assume that bitcoin price is currently overrated.

[talkbitcoin]

i am still a little afraid of this upcoming fork but mainly because not much about it is still clear like how many of the miners are going to support it for real or how much hashrate it can keep in the long run like in 3 months after the fork.

when the signalling begins everything will become clear though. i also don't know how they are going to do the signalling either! will it be like SegWit signalling?

there will be a small drop after the fork though. when people get their coins it can come down a little like the BTG drop.

[adam1230]

I just found an analysis for price prediction and this will happen in few weeks.
very nice chart and good prediction
https://steemit.com/bitcoin/@ccworld/bitcoin-price-prediction

[777Bitcoin]

What effect on price do you think this will have? Could we have similar crash as in July?

I have experienced two major hard fork as a bitcoin holder, both bitcoin cash and bitcoin gold. But honestly this time, I’m a more of a newbie when it comes to Segwit2x maybe because this silence kills my curiosity and my speculation on this time is not working as I’m totally confused of how it will be moving. It is widely supported by miners and exchanges but community is so silently observing only.

[tomsmith26]

a lot of people think after the segwit2x activated the price of bitcoin will dropped to lowest down more than 30% or so from the current price , it is just a completely wild speculation .

Given the BTC/BTC2X futures at 0.2 BTC2X for 1 BTC, a price drop of 20% is logic. A drop of 30% is understandable, if we assume that bitcoin price is currently overrated.

Before Segwit2x is activated the Bitcoin can reach up to 8,000 USD then I think There will be a low drop about 6,600 USD - 7,000 USD at the end of segwit2x stage so Bitcoin can get a low correction and Altcoin prices will gain from this drop. First drop will be about 7,000 USD then we will see a deeper correction to 6,600 USD. However I believe that Bitcoin will recover again and it will continue to hit 10,000 USD in the early year of 2018.

[gentlemand]

Given the BTC/BTC2X futures at 0.2 BTC2X for 1 BTC, a price drop of 20% is logic. A drop of 30% is understandable, if we assume that bitcoin price is currently overrated.

As it's not a straightforward fork as BCH was, I'm not sure I'd put too much faith in any futures prices. If you did it right you were guaranteed to get your BCH.

S2X's intention is to make your BTC useless. If people couldn't be bothered to claim their BCH, they're really going to struggle to safeguard both of their claims on the chains on their own.

It's very unlikely there'll be two chains beyond a couple of weeks so there's no point in pricing the both of them.

[loreykyutt05]

What effect on price do you think this will have? Could we have similar crash as in July?

We can expect a little drop after the fork just like what happen to bitcoin cash but soon we can expect that the proce will stablize within a week or two  for about 7000 usd and since holiday season are coming up many people will invest on bitcoin so there will be a large demand that could cause bitcoin price to rise and go above 10000 usd on january 2018

[error08]

There are a lot of discussion and argue about segwit2x all this time, but people attention focus on bitcoin price on rally right now. However, segwit2x will be launched on side chain, created an altcoin. People will buy more bitcoin in order to expect more free coins of btc1.
Hashrate decrease may not affect entire network due to there are many miners just get into mining activity, and miners will not let this opportunity of bitcoin's high price which generate more profit for them.

[arisen725]

What if this time the value of BTC and B2X on both chains doesn't increase, but they both suffer because of the rivalry? If history always repeated itself, wouldn't we all be rich?

It looks to me like I'd rather stay in alt-coins this time around, and let the feud pass on my portfolio. The market clearly looks overheated. Who else thinks this could end badly when looking at price development? 

[atc1-REAL]

What if this time the value of BTC and B2X on both chains doesn't increase, but they both suffer because of the rivalry? If history always repeated itself, wouldn't we all be rich?

It looks to me like I'd rather stay in alt-coins this time around, and let the feud pass on my portfolio. The market clearly looks overheated. Who else thinks this could end badly when looking at price development? 

Definitely could end badly if improperly managed. But that seems unlikely as all the major vendors, exchanges and wallets have committed to moving on to S2X. The market is on fire right now, and it will rapidly be put out after the fork. May go down to $5k during the correction.

[squatter]

Given the BTC/BTC2X futures at 0.2 BTC2X for 1 BTC, a price drop of 20% is logic. A drop of 30% is understandable, if we assume that bitcoin price is currently overrated.

As it's not a straightforward fork as BCH was, I'm not sure I'd put too much faith in any futures prices. If you did it right you were guaranteed to get your BCH.

I wouldn't put much into the futures markets. For one thing, it really can't inform us about future demand, which will be heavily influenced by future contingencies. Which coin will have majority hash rate? We don't know. Which coin will have the "BTC" ticker on the largest US and Japanese exchanges? We don't know; that depends on miners and on Bitflyer articulating their hard fork policy more clearly.

The B2X futures contracts (e.g. on HitBTC) are wild speculation. They can go to zero. And the coin split contracts on Bitfinex only tell us that there are more ideological dumpers on the #No2x side. But that group could end up being so small vs. total supply that it doesn't matter. The low volume of all these markets suggests that we can't take them very seriously, either.

One would think that parties interested in creating the perception of a successful 2x fork would want to pump the price of the futures markets. But maybe not: as we see with Bitcoin Cash, after hitting rock bottom, the hype cycle can start once again. It may be more effective to show a rise from the bottom to paint the perception of 2x "overtaking" Bitcoin.

[hicaribou]

What effect on price do you think this will have? Could we have similar crash as in July?

I think the pricing is really nearing its peak and we might be experiencing crash on or before Segwit2x. The correction will not be far from $7000 and not lower than $5000.

i wish the market will prove that you guys are wrong , a lot of people think after the segwit2x activated the price of bitcoin will dropped to lowest down more than 30% or so from the current price , it is just a completely wild speculation .

we are in good price and some people even think it is a reasonable price  considering the demands crazily increased.

Yes , the market cap has touched $200 billion before.

[Granxis]

Is the exact date of Segwit2x? Will you get a new coin? or is it just work to increase the block volume? Btc2x not bad:)

[VuLDK]

What effect on price do you think this will have? Could we have similar crash as in July?

I think it does not affect the current situation of bitcoin

[Pleione527]

I think there is a chance that we experience again the sudden crashed in bitcoin price after the segwit like what happen in August before we experience this tremendous increase in the value of bitcoin we've gone into a deep drop that everyone thinks bitcoin could ever die soon I guess same thing will apply in the second fork although I am confident bitcoin will remain in the market still I'm worried about the segwit2x

[hicaribou]

Is the exact date of Segwit2x? Will you get a new coin? or is it just work to increase the block volume? Btc2x not bad:)

Im not sure , but maybe you can follow this site : https://coinsalad.com/2x/countdown

[PokerFace3]

What effect on price do you think this will have? Could we have similar crash as in July?

crash for real ? Was there any crash because of the BCC fork?
I could only remember fork that was filled with surprises as bitcoin kept going higher and that was in early August, not even July. The only crash I could remember was as a result of China banning ICO which did not last.

All the above, this fork would be just like any other fork that would get dumped. There is nothing contentious about the fork again cause no user is ready to relinquish the power they have to some NYA or miners.

[Indrawan77]

I think you can already see the effect of this forking issue, the price has gradually increasing because a lot of people are keeping vitcoin to get the new forking coin, after the forking happened the price will be lower a little bit, but it will gain momentum again, and this time we will not have a crash but we will have a correction due to the big buy from the investors