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Author Topic: Is SegWit2x canceled?  (Read 380 times)
CoinPowerProject (OP)
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November 08, 2017, 07:04:46 PM
 #1

Many of the major supporters of SegWit2x including ShapeShift CEO Erik Voorhees, Bitmain founder Jihan Wu, Xapo CEO Wences Casares, Blockchain CEO Peter Smith, and SegWit2x lead developer Jeff Garzik signed the official announcement of Belshe, officially announcing their withdrawal of support from the SegWit2x hard fork.

The announcement read:

“Although we strongly believe in the need for a larger block size, there is something we believe is even more important; keeping the community together. Unfortunately, it is clear that we have not built sufficient consensus for a clean blocksize upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of SegWit2x.”

How it will influence Bitcoins price? what do you think?
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November 08, 2017, 07:29:20 PM
 #2

Many of the major supporters of SegWit2x including ShapeShift CEO Erik Voorhees, Bitmain founder Jihan Wu, Xapo CEO Wences Casares, Blockchain CEO Peter Smith, and SegWit2x lead developer Jeff Garzik signed the official announcement of Belshe, officially announcing their withdrawal of support from the SegWit2x hard fork.

The announcement read:

“Although we strongly believe in the need for a larger block size, there is something we believe is even more important; keeping the community together. Unfortunately, it is clear that we have not built sufficient consensus for a clean blocksize upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of SegWit2x.”

How it will influence Bitcoins price? what do you think?
Well, the Segwit2x plan for the coming 2MB was not really cancel because it was just suspended due the crisis in bitcoiners.
However, if the block is upgrade it will influence the price of bitcoin by bullish it just like what we experienced in Aug and it will also create low transaction fee. In addition, this will spicy up common man who are scared of the hike in transaction and unconfirm transaction.

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Bytem3
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November 08, 2017, 07:32:03 PM
 #3

SEGWIT2X got canceled: https://coincodex.com/article/1048/segwit2x-cancelled/

Segwit2x dropped from $1400 to $180 within minutes: https://coincodex.com/crypto/segwit2x/

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TimtheYoutuber
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November 08, 2017, 07:33:13 PM
 #4

This is going to be extremely interesting because I know a lot of people were buying bitcoin and investing in it due to the "free coin" that they would be receiving.

Positivebetting
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November 08, 2017, 07:53:46 PM
 #5

Yes, it's very cool, because all the altcoyins have gone up, everything is becoming more expensive. But maybe all of us are waiting for sevit in the near future. Maybe it's just decided to move it. So do not relax. Buy altcoyins, while they are still at a low start, then it may be too late. Shocked Cool
CoinPowerProject (OP)
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November 08, 2017, 11:19:39 PM
 #6

Yes, it's very cool, because all the altcoyins have gone up, everything is becoming more expensive. But maybe all of us are waiting for sevit in the near future. Maybe it's just decided to move it. So do not relax. Buy altcoyins, while they are still at a low start, then it may be too late. Shocked Cool

I agree the altcoins have goen up! many investors are waiting for this moment. It is time to buy altcoins  Wink
Yankeestyle
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November 10, 2017, 06:18:45 PM
 #7

Indeed, it's exceptionally cool, since all the altcoyins have gone up, everything is ending up more costly. In any case, perhaps every one of us are sitting tight for sevit sooner rather than later. Perhaps it's quite recently chosen to move it. So don't unwind. Purchase altcoyins, while they are still at a low begin, at that point it might be past the point of no return.
Thiptiout
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November 10, 2017, 06:27:16 PM
 #8

till now it is cancelled proof https://cointelegraph.com/news/segwit2x-is-dead-long-live-bitcoin-price-hits-all-time-high-as-hard-fork-canceled

it will make small correction on bitcoin price and may be up fast
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