Bitcoin Fork

[leex1528]

When is the new one happening?  I have received several emails from Coinbase stating it is going to happen and they will be essentially giving out double the coins you have.  The date I received that this would happen already passed.  Are we waiting for something specific to happen or is it like when the mining coins get reduced after X amount of coins are in live circulation.

Thanks!

[ovcijisir]

It will happen on 18th November 2017., when blockchain reaches block 494784.

[minersday]

It will happen on 18th November 2017., when blockchain reaches block 494784.

In fact, it is going to be released on November 16th, coinbase said this and i got an email from them too, it was very shady because they said that they were going to block transactions for more than 24hours because of the fork, and this is very strange, because they are not going to process any transaction for a whole day! this is insane, what if they are hacked after that? we all are going to have our funds stucked on there, this is a very bad wallet, i am glad that i dont have my funds in there.

[Razerglass]

It will happen on 18th November 2017., when blockchain reaches block 494784.

In fact, it is going to be released on November 16th, coinbase said this and i got an email from them too, it was very shady because they said that they were going to block transactions for more than 24hours because of the fork, and this is very strange, because they are not going to process any transaction for a whole day! this is insane, what if they are hacked after that? we all are going to have our funds stucked on there, this is a very bad wallet, i am glad that i dont have my funds in there.

If you dont have any bitcoin on site so why you worry so much about this mail? There are some debatable arguments about double spending on both network. That's why exchanges pick safety rather than risk. Let's see what will news be one day before fork. Eveything will be clear on 15 november imo.

[jamesl22]

Here's the live countdown of the happening of SegWit2X fork: https://coinsalad.com/2x/countdown
If you want to check how SegWit2X is doing in real time, go to this website: https://coin.dance/blocks

The date I received that this would happen already passed.

No it hasn't yet, refer to the countdown link.
I think you are confusing between Bitcoin Gold fork with SegWit2X fork. Both are different.

[ymirymir]

I have some btc on coinbase. I think the reason why the my are holding their transactions after the fork is to give out the new coins to bitcoin holder and to secure that bitcoin transactions are safe to do after segwit2x.

[squatter]

It will happen on 18th November 2017.

In fact, it is going to be released on November 16th

We don't know the exact date. It's based on block height (494,784), not time. There's been a lot of new hash power coming online, resulting in shorter block times. We also have another difficulty adjustment approaching. I'd say it's safe to say that the fork will occur sometime between the 14th-17th.

But if you need to move coins, consider moving them sooner, given the high level of network congestion we are seeing right now, and the warnings from exchanges about deposit/withdrawal delays near the fork.

[Mrengage]

Nit sure of when it will happen because the last fork happened 24hra before the time

[ebliever]

http://bashco.github.io/2x_Countdown/

Keep in mind that as mining hashrate increases it tends to pull the exact time in. But that's complicated by miners peeling off to mine BCH during the EDA periods (which should end Nov. 13 according to their plans). So I'd say November 16 at the latest, but it could easily pull in to November 15.

[Emerge]

it is already listed on two exchanges (hitbtc and exrates) check on https://coinmarketcap.com/currencies/segwit2x/#markets

[ebliever]

it is already listed on two exchanges (hitbtc and exrates) check on https://coinmarketcap.com/currencies/segwit2x/#markets

There are about a half dozen exchanges with futures markets trading tokens that will be redeemable for B2X or post-fork Bitcoin. Bitfinex is probably the largest, but they are closing to U.S. non-institutional customers Nov. 9. HitBTC pricing has been out of alignment with everyone else for some reason, and you can't split your BTC there, only buy B2X tokens.

[Youghoor]

The fork is going to take place on November 16, but i think that i am going to sell some of my bitcoins before the fork because i am a little bit afraid of this, but i dont know, maybe the whole situation can change in a few days from now.
i am still wondering about why i havent dumped my coins when the price touched more than 7,5 thousand dollars, and now it is below 6,9, it is very sad, but yes, lets give it some more time until we can see it rising again.

[dzkazmi]

date is not passed yet. Its still 8 days to go.

[iluvpie60]

It will happen on 18th November 2017., when blockchain reaches block 494784.

In fact, it is going to be released on November 16th, coinbase said this and i got an email from them too, it was very shady because they said that they were going to block transactions for more than 24hours because of the fork, and this is very strange, because they are not going to process any transaction for a whole day! this is insane, what if they are hacked after that? we all are going to have our funds stucked on there, this is a very bad wallet, i am glad that i dont have my funds in there.

They block transactions for 24 hours because they don't want people to be sending in coins at the last second to get the coin split. They want to have it all sitting there and ready to go for the coin split so that they can take a snapshot of everything.

They are probably backing up all addresses and private keys ahead of time and getting ready for the split to happen is why.

[leex1528]

Thanks for the responses, perhaps I was getting confused on the fork.  I have received a lot of emails regarding the fork and perhaps I confused with the first one Bitcoin Cash.  I don't know too much about how the technology works and am trying to figure it all out.

Thanks for the responses.

[Jarixx]

So much confusion with this BTG.
Not good for crypto. I hope everything goes well.

[ahmedjamal1998]

In the beginning or exactly when the whole "segwit" talk was introduced, I though it was great.
But in my mind was that it was only gonna be in the form of soft-forks to update the bitcoin network and make it a better, faster one.

But after I realized that it's gonna a hard-fork, I'm not as happy about it as I used to be. In fact, I'm seriously afraid about this one. Bitcoin Cash didn't make me change my mind, Bitcoin Gold is a funny thing BUT this one is not funny. I can see that a lot of miners and pools actually support this.

And since it's a hard fork and a new coin will be created just like BCH and BTG, there will be B2X. But the difference is that it's got some community and people supporting it. Which means that a lot of people might actually shift into it and dumping their bitcoins.

I don't really like this and will sell all my btc until everything is settled down and hopefully it just goes by as a big failure like every other hard fork ever.

So much confusion with this BTG.
Not good for crypto. I hope everything goes well.

They're no longer about BTG anymore. There's another hard fork coming in  about a week if you don't know. 

[Raimy]

It will happen on 18th November 2017., when blockchain reaches block 494784.

In fact, it is going to be released on November 16th, coinbase said this and i got an email from them too, it was very shady because they said that they were going to block transactions for more than 24hours because of the fork, and this is very strange, because they are not going to process any transaction for a whole day! this is insane, what if they are hacked after that? we all are going to have our funds stucked on there, this is a very bad wallet, i am glad that i dont have my funds in there.

They block transactions for 24 hours because they don't want people to be sending in coins at the last second to get the coin split. They want to have it all sitting there and ready to go for the coin split so that they can take a snapshot of everything.

They are probably backing up all addresses and private keys ahead of time and getting ready for the split to happen is why.

I also believe this is the case. Also, you probably don't want to wait until the last second anyway, as transaction delays will probably spike as the fork draws near and everyone wants to position their coins to take advantage of the two for one offer. If you are going to transfer on or off an exchange prior to the fork, you better at least plan to do it 48-72 hours ahead of time.

[rainbow169]

If you are planning to hodl both coins due to the uncertainty of who might win, you can keep the coin in hardware wallet so that you can split if needed, particularly if you have a large amount which you are not comfortable to trust the exchanges with. If you want to benefit from fast selling then pick an exchange much beforahand to avoid high fees later. I believe Coinbase, Bittrex, Bitfinex all announced support of B2X.

[ladydark]

I hope that it will be on november 18th,the expected hard fork.But remember,coin base has just recently issued the BCH free coins and yet,it has not issued the free BTG coins.So,we don't know how much time,it would take to issue free Bitcoin S2X coins.Also,most exchanges would just suspend accepting deposits and withdrawal during hard forks for mostly 24 hours or 48 hours.So,it would be better to deposit BTC before itself.

[JeffBrad12]

I have some btc on coinbase. I think the reason why the my are holding their transactions after the fork is to give out the new coins to bitcoin holder and to secure that bitcoin transactions are safe to do after segwit2x.

Yes. Most of the exchanges will stop accepting deposits and withdrawals about 24 hours before and after the SegWit2x hard fork. Unfortunately, SegWit2x has no replay protection so it is a natural decision. I would advise anyone to hold their funds in a wallet which allows you to control your private keys. Electrum, hardware and paper wallets are the best choice.

But the worst thing we can't trade it after the coin already distributed into the bitcoin holders, Honestly, i keep all of my bitcoin in the exchange site that distributed the hardfork coin to the holders. But my fear to save my bitcoin in my wallet if that will be another fail just like bitcoin gold shit.
The nice chart of the bitcoin cash before the network was alive and b2x may follow it soon. As long as the network will still not alive and boom!!.

[ebliever]

I hope that it will be on november 18th,the expected hard fork.But remember,coin base has just recently issued the BCH free coins and yet,it has not issued the free BTG coins.So,we don't know how much time,it would take to issue free Bitcoin S2X coins.

OK folks, there has been a lot of bad information in this thread.

First, Coinbase doesn't release their BCH coins until January.

Second, they haven't issued any BTG because BTG doesn't exist yet. The word this morning is that they will go live at 7 PM UTC on Sunday Nov. 12.

Third, the NYA B2X fork (what this whole thread was about) was "officially" canceled two days ago. There are rumors some miners might try to launch it anyway, but this won't amount to a hill of beans at this point.

Fourth, the fork point was always based on a certain block height, not date. It was estimated to hit around Nov. 16 the last I saw on Bashco's clock but the exact time would be variable because block times are random around a theoretical 10 minute average. Because hashrate has been growing the odds are that the exact time would pull in just as it did on Bitcoin Gold, which snapshotted a day or more earlier than most people were expecting.

[cenderos]

fork has been canceled