Segwit2X Hardfork cancelled/postponed

[Torque]

Delaying a contentious fork instead of canceling it (in the face of overwhelming lack of user support and total disgust) would be proof positive that these forks are being used as a FUD generator.  That is all.

They need Bitcoin to have constant fake boogeyman, strawman threats for the FUD factor. It's the only way for them to create FUD on some arbitrary future date and thus introduce market volatility.

I am ready to support you in the previous forks. But for segwit2x I do not support you. It's not FUD. It is a necessity.

You are wrong. Not only is it NOT a necessity, but the economic majority of users didn't even ask for it and don't want it. It has no support from devs, wallets, brokers, exchanges, merchants, and other service providers. The lone wolf developer on the project bailed, so there is no one to even support it.

Just because YOU (a lone anonymous account) think is a necessity means all jack shit.

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[buwaytress]

Seriously, there's hardforks scheduled for December and January? At this rate splitting fork coins soon won't be worth the effort anymore. People already hardly cared about Bitcoin Gold, I don't think any of the other junk forks are going to get far either. BCH and B2X at least had some sort of community support, but now it's just getting silly.

Yeah, this post made me curious enough to try to search online for possible/planned Bitcoin forks. Didn't find any except these really crazy one: Bitcoin Silver at https://bitcointalk.org/index.php?topic=2311582.0 ... gotta be a troll without a website and BTG rip off. I even found a plan to fork off Bitcoin Cash, which is not even funny as a joke anymore.

Gotta say that some people felt these hard forks business would only embolden others to try the same, in search for a quick buck. As laughable as Bitcoin Gold ended up to be, a lot of Bitcoin holders still made money from future trading. Even a 5% instant sell-off profit is not something to laugh at.

[ChainSmoker]

It's very good news IMHO.I am happy about this decision.I don't care about the free money or profit that bitcoin hodlers can get due to fork(including me).I care more about the reuptation and image of bitcoin in the public and media and when the community is divided because of the hard fork,it's never a good thing.

[HeRetiK]

I just heard about the rumour of the bitcoin silver, i don't know where is it from but it seems a lot of people are talking about that right now.
Bitcoingold worth nothing now rather than a coin and i'd liked to call that as another trash. But if the recent announcement of the delay of the b2x fork means if that was getting cancel or not?
I still don't understand about the truth.

The B2X fork appears to have been cancelled. However I wouldn't be surprised SegWit2x came up again in the future, possibly with slight changes and under a new name.

Yeah, this post made me curious enough to try to search online for possible/planned Bitcoin forks. Didn't find any except these really crazy one: Bitcoin Silver at https://bitcointalk.org/index.php?topic=2311582.0 ... gotta be a troll without a website and BTG rip off. I even found a plan to fork off Bitcoin Cash, which is not even funny as a joke anymore.

Gotta say that some people felt these hard forks business would only embolden others to try the same, in search for a quick buck. As laughable as Bitcoin Gold ended up to be, a lot of Bitcoin holders still made money from future trading. Even a 5% instant sell-off profit is not something to laugh at.

A lot of Bitcoin holders also lost a lot of money on B2X and BTG futures trading. I hope people learned their lessons about trading futures for a currency that is not even there yet. Just because it went well once -- with BCH -- doesn't mean that it will work out with other hardforks as well.

About the BCH fork: The way I understood it the upcoming BCH hardfork is only about fixing the EDA mess they are in, which means there shouldn't be any contention on which fork to use. But maybe there's another hardfork as well, who knows nowadays.

[audaciousbeing]

Already mentionned in the BTC/USD observer topic, but can be usefull to be repeated...

Source :
https://www.coindesk.com/2x-called-off-bitcoin-hard-fork-suspended-lack-consensus/

The issue of suspension is just a way to save face or a form of soft landing in other not to look bad in the face of the community. Even here, I have not seen a campaign that is suspended that came back to life rather it would close, then start again when need be. The argument of consensus is something I found lame for them because even the earlier forks that have happened, there were never a full consensus and they all did what they wanted to do and we still have them till date. Whether they live up to expectation or not will be another subject of discussion.

[ImHash]

Please don't cancel it, We need some new and free bitcoins We bought and pumped the price by 60% for what? This is a good thing to fork bitcoin every few month, It is helping to pump the price.

[Hishadinin]

make news now talk about they back to work and have site

[bitbunnny]

Please don't cancel it, We need some new and free bitcoins We bought and pumped the price by 60% for what? This is a good thing to fork bitcoin every few month, It is helping to pump the price.

Exactly this is wrong. Forks are becoming just the tool for price manipulation and speculation but without any necessity. On long term this can’t do anything good for the Bitcoin, just the opposite, it can make some serious damage and it’s very bad for Bitcoin reputation and the trust that users have in it.

[Kloug]

I hate to say that but wouldn't it be a good thing right now if B2X was really coming next week?

It would push back that BCH for good, bring up the BTC quickly, and AT LEAST let people decide which one they wanna keep. B2X was less an attack than this BCH, everyone would have been given one, BCH doesn't apply to newcomers.

[HeRetiK]

I hate to say that but wouldn't it be a good thing right now if B2X was really coming next week?

It would push back that BCH for good, bring up the BTC quickly, and AT LEAST let people decide which one they wanna keep. B2X was less an attack than this BCH, everyone would have been given one, BCH doesn't apply to newcomers.

A B2X hardfork may still happen, albeit at a much smaller scale.

What makes you think that B2X would "push back BCH for good"? Just because the B2X cancellation apparently played into the pump doesn't mean that putting B2X back on the menu would bring BCH back down again.

Additionally there's no need to "push back BCH" as either a) its recent increase is just price manipulation that will quickly subside or b) the market indeed decided to replace BTC with BCH. Or as you put it, BCH "let's people decide which one they wanna keep".

The BCH fork was reckless, but compared to B2X it was fairly sane in that they implemented full replay protection. BCH more or less willingly took the way of an alt, B2X strove to forcefully "upgrade" BTC, not just fork it.

[Kloug]

What makes you think that B2X would "push back BCH for good"?

well, they would all come back to BTC to get their free coins. And then yes, shit would happen again.. but at least the free coin would compensate for it/give a real choice to every BTC owner, including recent ones.

[kyanscadiel]

Already mentionned in the BTC/USD observer topic, but can be usefull to be repeated...

Source :
https://www.coindesk.com/2x-called-off-bitcoin-hard-fork-suspended-lack-consensus/

hard fork being cancelled is good news to the bitcoin community because it brings chaos and tension to the community. But I think issues will be resolved and they will still launch the Segwit2x  but not anytime soon.