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Author Topic: Sewgit2x for better or for worse?  (Read 711 times)
Ayers
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November 06, 2017, 04:36:48 PM
 #21

Will sewgit2x play a positive or negative role for Bitcoin?

What are your thoughts on this matter?

IMO any hardfork is positive for the whole market. They are like quantitative easing at macroeconomics.

i don't think so, they devalue the value of the altcoin scene, they are not god, because everyone will just dump them to have more bitcoin ASAP, i'll dump them at the first peak like with bitcoin cash lol, eventually people will realize  that the next one will have less value than the previous one and stop making stupid hard fork

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November 06, 2017, 05:02:07 PM
 #22

For better for the Bitcoin whales
For the worse, for the altcoin holders.

Everybody knows that the development modification are so tiny and the only thing that it will do, is makes the richest richer, and destroying the altcoin market...

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November 06, 2017, 05:09:59 PM
 #23

Will sewgit2x play a positive or negative role for Bitcoin?

What are your thoughts on this matter?

IMO any hardfork is positive for the whole market. They are like quantitative easing at macroeconomics.

i don't think so, they devalue the value of the altcoin scene, they are not god, because everyone will just dump them to have more bitcoin ASAP, i'll dump them at the first peak like with bitcoin cash lol, eventually people will realize  that the next one will have less value than the previous one and stop making stupid hard fork

I've also dumped my Bitcoin Cashs a few days after the fork in August - but with the upcoming November fork, I am no longer sure if that was the right decision. There might be a chance that both Segwit1x and Segwit2x chain die and Bitcoin Cash chain survives (see https://www.yours.org/content/predicting-the-outcome-of-the-november-bitcoin-fork-89914ce0e1f5/). Thinking of buying back some BCC because of that.
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November 06, 2017, 05:20:09 PM
 #24

Will sewgit2x play a positive or negative role for Bitcoin?

What are your thoughts on this matter?
sewgit2x does not in any way affect the bitcoin in any way, only a temporary outward appearance.
look at the hard fork to play with everything after that there will be nothing left.


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vadimkavp
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November 06, 2017, 05:38:27 PM
 #25

Segwit2x we need in order to increase unit to 2 MB and the transactions are faster to process. Now the transaction costs about 5$.
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November 06, 2017, 06:43:35 PM
 #26

Will sewgit2x play a positive or negative role for Bitcoin?

What are your thoughts on this matter?

IMO any hardfork is positive for the whole market. They are like quantitative easing at macroeconomics.

Wtf are you yapping about?  How can a hard fork like Segwit2x, that's as contentious as they come, be 'positive' for the whole market?

And I don't quite get the comparison with 'quantitative easing' part.  But please do explain more and enlighten us.

This. How could these snapshot forks could possibly help?

All they do is cause disruption, confusion and uncertanty. I know a bunch of people relatively new to Bitcoin scared of using Bitcoin because they don't want to miss the free coins coming with the next fork. Or they're naive and believe the propaganda of forks and they become certain that Bitcoin will die and BitcoinX-fork will go way beyond Bitocin's current price and they do so without a decent understanding of crypto basics.

I can't possibly name a single positive coming from snapshot forks.


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November 07, 2017, 07:53:39 PM
 #27

Will sewgit2x play a positive or negative role for Bitcoin?

What are your thoughts on this matter?

All I know about the only positive thing it could bring to everyone (or maybe not) is free money on the table.
There's nothing else that can be expected for s2x to play role in Bitcoin's viability because this is just some "shit" that the developers are possibly trying to throw "forcefully" over us to accept their decision but they all know that nobody currently locks in to support s2x and this will only affect the pricing to drop down a bit for Bitcoins. Do you think this is positive?
cryptoenterprise
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November 08, 2017, 10:05:29 AM
 #28


This. How could these snapshot forks could possibly help?

All they do is cause disruption, confusion and uncertanty. I know a bunch of people relatively new to Bitcoin scared of using Bitcoin because they don't want to miss the free coins coming with the next fork. Or they're naive and believe the propaganda of forks and they become certain that Bitcoin will die and BitcoinX-fork will go way beyond Bitocin's current price and they do so without a decent understanding of crypto basics.

I can't possibly name a single positive coming from snapshot forks.


Forks might cause confusion and uncertainty but Bitcoin Silver for example is to make Bitcoin mining Decentralized again. And this was the original vision. I'm sure this can't be bad imo. Bitcoin Silver will provide an opportunity for countless new people around the world to participate in the mining process with widely.
Isn't this what the crypto community wants?
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November 08, 2017, 10:16:45 AM
Last edit: November 08, 2017, 10:29:36 AM by bathrobehero
 #29

Forks might cause confusion and uncertainty but Bitcoin Silver for example is to make Bitcoin mining Decentralized again. And this was the original vision. I'm sure this can't be bad imo. Bitcoin Silver will provide an opportunity for countless new people around the world to participate in the mining process with widely.
Isn't this what the crypto community wants?

But it's pointless, Bitcoin Silver, Gold, etc. won't ever be even comparable to Bitcoin. They're just riding the coattail of Bitcoin.

Nobody wants to switch over to a new project which only differs from one small thing from what works and established.

Forks like these aren't different from the hundreds of altcoins that were all created to take over Bitcoin except these are that much dishonest, opportunistic and even lazy because their blockchains aren't new but copied from Bitcoin.

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November 08, 2017, 10:28:32 AM
 #30

The idea segwit2x good. The increase in unit is long overdue. All bitcoin users want the transfers were faster and cheaper. I certainly advocate this to not happen by the bifurcation. I am a supporter of planned modernization without hard forks in the road and negative consequences for all users.
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November 08, 2017, 10:49:39 AM
 #31

For better! No real danger from "fake" nodes spammed on AWS to look like there is a support for 2x! Lightning network/sidechains ARE the future if we want fast transactions, otherwise, we can just increase blocks every year until each block will be 1GB in size ...

This hard fork will past with no real disruption and will just increase the reputation of the Bitcoin as THE store of value of the 21st century.

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November 08, 2017, 10:51:44 AM
 #32

It may be positive for little transaction. Did you remark that Bitcoin transfer fees are very high now? And transfering Bitcoin from an Exchange to a wallet is really expensive i think. More than 5 USD... If BTC attain 10000 USD, the transfer fee may be more than 10 USD?
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November 08, 2017, 10:54:00 AM
 #33

sewgit2x does not in any way affect the bitcoin in any way... I think is another dump way to loose mooney!!!
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November 08, 2017, 10:54:50 AM
 #34

The idea segwit2x good. The increase in unit is long overdue. All bitcoin users want the transfers were faster and cheaper. I certainly advocate this to not happen by the bifurcation. I am a supporter of planned modernization without hard forks in the road and negative consequences for all users.

Modernizations has a good outcome, and most of the current situations in the world is having lots of updates and improvement particularly on digital world of Internet. That's right segwit2x is better so that there will be a more secure transactions as well as good service in the blockchain networks and to prevent traffic of the networks systems. All of those rumors and speculations behind was just a negative thoughts and not a reliable source, because it may create confusions and possible chaos.
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November 08, 2017, 10:57:29 AM
 #35

Will sewgit2x play a positive or negative role for Bitcoin?

What are your thoughts on this matter?
Segwit2x is there to make bitcoin better, good for bitcoin but bad for altcoin.
This year is already too much fork, I think enough for next years Angry.
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November 08, 2017, 11:00:10 AM
 #36

people panicked before the fork in August. The bitcoin that queues dropped too. but it was not feared. fork is not bad. People got used to it. no big panic anymore. the bitcoin will rise much more.
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November 08, 2017, 11:08:27 AM
 #37

Ofcourse it's for the betterness of the bitcoin, but since we are in the altcoin discussion, it is dooms day. Investors store almost all of their money even though it is a month before forking that's why altcoin prices are falling but don't worry, altcoins will rise again after the fork. I'm not sure but lets just hope.  
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November 08, 2017, 03:35:11 PM
 #38

Will sewgit2x play a positive or negative role for Bitcoin?

What are your thoughts on this matter?

IMO any hardfork is positive for the whole market. They are like quantitative easing at macroeconomics.

Wtf are you yapping about?  How can a hard fork like Segwit2x, that's as contentious as they come, be 'positive' for the whole market?

And I don't quite get the comparison with 'quantitative easing' part.  But please do explain more and enlighten us.

This. How could these snapshot forks could possibly help?

All they do is cause disruption, confusion and uncertanty. I know a bunch of people relatively new to Bitcoin scared of using Bitcoin because they don't want to miss the free coins coming with the next fork. Or they're naive and believe the propaganda of forks and they become certain that Bitcoin will die and BitcoinX-fork will go way beyond Bitocin's current price and they do so without a decent understanding of crypto basics.

I can't possibly name a single positive coming from snapshot forks.



Agreed, this hardfork is just causing disruption and confusion. Even Nick Szabo has recently come out against Segwit2x by adding the #no2x to his twitter. All the bitcore devs are against the fork and now, arguably, the father of bitcoin is as well.

Even if you are enjoying the price increase of bitcoin from this fork, it's not an authentic inflation as many investors and traders are getting in just to get free coins or ride the hype train up. It's disruptive at it's core and makes many want to stay far away from both the volatility the fork will cause and the contention behind the fundementals.

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November 08, 2017, 04:10:06 PM
 #39

Many forks is negative, as it's splits support/market share and confuses newbies.

Ideally we should arrive at a consensus, and move forward with this, as opposed to trying to support multiple "consensuses"
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November 08, 2017, 08:04:30 PM
 #40

Apparently Segwit2x has been cancelled now anyway.
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