Segwit2x cancellation discussion

[TimtheYoutuber]

Video analysis : https://www.youtube.com/watch?v=D9XlstCRTLM

It will be very interesting to see how the price of bitcoin is affected, I know a lot of people that bought into bitcoin because they wanted the "free coin". It is currently up around 2% however the news is so new that people are likely still analysis it. I know I am personally glad they didn't go through with it, and am very happy with the way the crypto currency community is involved. I like the idea that the community/miners/investors etc can reject it.

What are your thoughts on it?


You can vote if you were for or against it here : https://twitter.com/cryptoassetnews/status/928439080714670080

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[imteaz]

Because of few guys, people lost thousands, stupid to called it off, when u r so close..

[J_Dubbs]

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.

[Lionidas]

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.

All altcoins are going up because bitcoin price was going down because of this annoucement.

But now people are buying up all the cheaper bitcoin driving the price back to mid $7000 again.

Weird occurrence from a news headline.

No wonder big banks are not 'banking' on it yet until all this pre-teen drama is over with the technology and we can finally get down to business in developing it on a financial level compared to the what banking system has had in place for the past hundreds of years.

[durilup]

Do not worry about Segwit2x cancellation . Even if bitcoin will be forked again or won't be happen this , bitcoin has only one way. And that way is to grow up !!!!

[bitbunnny]

I don't like it, honestly. It seems to me that these forks have no other purpose but price speculation, like that some interest groups are standing behind that and manipulating the market. And what could endless forks give good to Bitcoin? This should be somehow dealt with within the community otherwise this could bring big damage to the Bitcoin.

[MaggieDeng]

It shows the attitude of people. The Segwit2X cancellation us what caused the spike.
Most cryptocurrencies rise in wake of cancellation of SegWit2x hardfork.

[Basicball]

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

Cointelegraph post, including a copy of the mail

I just bought some more enjin, and Transfered 2 more ETH into UTRUST.

[Fuhre]

Video analysis : https://www.youtube.com/watch?v=D9XlstCRTLM

It will be very interesting to see how the price of bitcoin is affected, I know a lot of people that bought into bitcoin because they wanted the "free coin". It is currently up around 2% however the news is so new that people are likely still analysis it. I know I am personally glad they didn't go through with it, and am very happy with the way the crypto currency community is involved. I like the idea that the community/miners/investors etc can reject it.

What are your thoughts on it?

What happened, why did they cancel the fork. I also read some websites, this news is true. But that does not matter to me personally. It's just that I have a question that remains unanswered, yesterday's trading site sent an email, they claim to temporarily close their wallets during a loud fork lasted, the question is whether they do not know that a hard fork is canceled.

[darkangel11]

Video analysis : https://www.youtube.com/watch?v=D9XlstCRTLM

It will be very interesting to see how the price of bitcoin is affected, I know a lot of people that bought into bitcoin because they wanted the "free coin". It is currently up around 2% however the news is so new that people are likely still analysis it. I know I am personally glad they didn't go through with it, and am very happy with the way the crypto currency community is involved. I like the idea that the community/miners/investors etc can reject it.

What are your thoughts on it?

What free coin? Aren't you mistaking 2x with Bitcoin Gold fork?
There's no free coin here. If that's what is supposedly driving people to buy you all should sell ASAP, before they wake up seeing there was no airdrop
As for the fork I thought there was an agreement made months ago to push it through and people were happily buying into a coin that was about to get hard forked and suddenly now they have cold feet. That's cute.

[Twinkledoe]

Because of few guys, people lost thousands, stupid to called it off, when u r so close..

That's the risk of investing in bitcoin. So whatever happened even in the future, it's only you that is responsible to your investments. So be very careful. Don't put all your eggs in one basket.

Maybe look for some promising altcoins/tokens out there. Now eth is going up.   The movement in crypto is really fast. Just a blink of an eye and everything will go up or down. This will really make you crazy if you are watching the crypto market.

[spngebob]

Because of few guys, people lost thousands, stupid to called it off, when u r so close..

If they are in bitcoins just because they have heard that they could get rich over night they shouldn't be here in first place. Bitcoin is long time project and this community really doesn't need people who are creating hype, but to be honest because of them I have bought myself a new phone

[koin_34]

i dont get anything about this cancellation. anything about it. What will happen now ?

[Metrocybe]

Depend on this news bitcoin price can’t be crash down soon (survive from china ban and 3 new coins )

[BenjaminFranklingwould]

Altcoins should rise much more after this. Especially when Japan, South Korea and China will wake up.

[gamerfan]

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.

Altcoins are going up just because in the last few days they were going down. Since in the last weeks many people sold altcoins and bought Bitcoin, because they thought they would have been rewarded with B2X coins, basically for free. Since thhard fork won't happen anymore, many people started to buy altcoins again...that's it.

[bitsnkes]

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.

Not all alt coins are worth buying.
Right now i feel we already lost the boat cause alts are already in top.After like 30munites of the news.
Its sad but i donot see alts gowing up much this nov.

[coindetective]

Well, I think this was a smart move for NY agenda companies. After SegWit2x fork, the miners supporting it would have to mine for months at a loss or to switch to BTC legacy. More importantly, it would affect stability and reputation of BTC and the entire crypto community.

Good work cancelling it.

I guess now we ll see some love flowing into major alts.

Go NEO, Go DMD Diamond!

[CryptoLD]

This market has just no sense of reality anymore, just a little drop at the time of announcement and then going back!
The worst in that is that it makes pump Ethereum that just has be hugely affected with parity wallet yesterday!

[European Central Bank]

the new york signees went around it in a very stupid manner. they should've opened it up as a proposition beyond a back room deal and got absolutely everyone discussing and contributing.

getting segwit is partly thanks to them, though we'll never know how much uasf had an effect, and that's a positive thing to build on. the heavy deadline was a stupid addition but maybe it was necessary to get the miners on board.

personally i think it's time core were schooled a little bit at least because this is gonna strengthen their authority to the extent that they'll never be dislodged and perhaps that might prove to be a little unhealthy in the future.

[rainbow169]

It's like playing the game of bluffing to the very end. At least, it's now clear it's not in 2X's interest to break bitcoin. Long term this should really positive news for bitcoin, short term, it's great for alts but might be I already miss the boat.

[angaper]

Because of few guys, people lost thousands, stupid to called it off, when u r so close..

This is the game of money. Very few privileged people make decisions that affect the economy of others. But in addition, many of those who lost money are responsible for the great ambition shown even in spite of the uncertainty that prevailed these days, and it is well known that in the face of uncertainty it is better to step aside and avoid hasty decisions.

[TTITA]

I found news about cancellation here

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

What info's i got, that they are postponed a segment in November with the aim of upgrading block size to 2MB.
Though under the pretext of a better improvement. The community is still divided between those who agree and not with this.
The lack of a solution between the two can make things worse. In my opinions that behind this Segwit imposed in November this could be because of the interests of certain groups for their own profit.

[2fresh]

Goes to show how much uncertainty there actually is in the cryptoscene, although I do agree in that people are responsible for their own investment choices.

[ajmapalo22]

It only shows one thing the cancellation of segwit2x is due to the high price bitcoin has and maybe they are preparing for a much marketable coin to introduce in the market it may affects the value of bitcoin and all other alts but I don't think is would be permanent in due time this segwit will come back and will assure us to have a very reasonable introduction in the market, this is a sort of postponement and we don't have to worry surely bitcoin value will not be affected too much by this

[MarioV]

Very good for this news that I enjoy. Trust in bitcoin is not touched. For those who wanted the biggest block there was bitcoin cash, segwit2x at this point had no reason to be done.

[cryptodyn]

I had a look everywhere and I can't find the real reason behind this sudden cancellation?
Was it just a trick from the big guys to raise the btc price? or to lover the altcoins market?

[ChrisPop]

I am glad that the fork cancelled as my opinion is that so many forks are just like bumps in the road. And these only delay the growth of bitcoin and good,solid altcoins. Keep your eyes wide and ears open as the ALTCOIN SEASON IS COMING!

[billysunday2000]

I was waiting for my funds to transfer so I could buy more cheap alt coin.  The alt coins I wanted to buy are already up over $1.50.  There are still some that have gone up yet.  but my funds will not transfer until Monday...

[TimtheYoutuber]

Video analysis : https://www.youtube.com/watch?v=D9XlstCRTLM

It will be very interesting to see how the price of bitcoin is affected, I know a lot of people that bought into bitcoin because they wanted the "free coin". It is currently up around 2% however the news is so new that people are likely still analysis it. I know I am personally glad they didn't go through with it, and am very happy with the way the crypto currency community is involved. I like the idea that the community/miners/investors etc can reject it.

What are your thoughts on it?

What free coin? Aren't you mistaking 2x with Bitcoin Gold fork?
There's no free coin here. If that's what is supposedly driving people to buy you all should sell ASAP, before they wake up seeing there was no airdrop
As for the fork I thought there was an agreement made months ago to push it through and people were happily buying into a coin that was about to get hard forked and suddenly now they have cold feet. That's cute.

I have seen a lot of people that think there is a "free coin". I am not 100% as to why everyone just got cold feet. We could possibly see something like this again in the future anyway.

[figmentofmyass]

Because of few guys, people lost thousands, stupid to called it off, when u r so close..

generally, you should never trade fundamental news. you haven't "lost" anything unless you've closed positions or sold your bitcoins. and i hate to say it, but anyone trading B2X futures or trading BTC on high leverage during this period of uncertainty and high volatility probably deserves to lose money. high risk, high reward = sometimes you lose your shirt.

if you held onto your bitcoins, they're worth as much as they were two days ago. and there's a good chance that the uptrend will continue now that the FUD is subsiding.

[CrypticGambit]

Really great news for me and the entire crypto community. This fork could have been very dangereous to the crypto economy, Congratulations to bitcoin core team and all the community who didnt dump their bitcoins.

[Sadlife]

Maybe they've just move it or they've finally realize that it's futile and it will become another airdrop that only feed bitcoin and the result will go up in insane heights. If they segwit2x had not been the price of bitcoin should have surpass $8000 cause the community already decided what to hold and that is bitcoin.

[cryptjh]

SegWit2x just added 2k or more to the Bitcoin price in the last few weeks. I think they will try again in a few months, and it will again make the Bitcoin price even higher.

[Janation]

With this cancellation the most important altcoins have rise the price. It was a good time to buy, but still not to late

I think that is the best thing that happened in the cancellation of the bitcoin fork. But some of the users are intending to buy bitcoin because they are wanting to have the airdrop or the "free coin" but the truth is, there is no "free coin" or airdrop that will happen, it is better if they will just invest on ICOs or buy another altcoin to be holded.

[no0dlepunk]

I don't support 2x anyway. Probably those who have bought bitcoins to get the fork are currently selling out right now but fortunately those who aren't so cool with it are starting to buy back at the moment. I don't know, I might be wrong or otherwise... but anyway, I can feel the $8000 rush today  ha ha!

[layoutph]

Don't be so greedy,  alts might dump again. You might find your alt positions in a negative status. As the rule of the thumb,  alts dump during major bitcoin dips.  Lets wait until btc reached the dip..  And lets buy the alts.

[illyiller]

I don't support 2x anyway. Probably those who have bought bitcoins to get the fork are currently selling out right now but fortunately those who aren't so cool with it are starting to buy back at the moment. I don't know, I might be wrong or otherwise... but anyway, I can feel the $8000 rush today  ha ha!

Same here. The dump reminded me of the one that followed the Bitcoin Gold snapshot. Harsh red candles on high volume, followed by heavy dip buying. I'm guessing that traders who were anticipating a free 15% increase in portfolio value (from the B2X airdrop) were quick to dump the news. But since the news is fundamentally good, and current demand is so high, I'm guessing we will see sideways action and eventually new highs.

No airdrop might also mean a rush back into alts. That helps to drive BTC price up because people buy BTC to send to altcoin exchanges, removing coins from the supply.

[HBKMusiK]

i dont get anything about this cancellation. anything about it. What will happen now ?

A circular sent to the mailing list by major proponent Mike Belshe says that it was “clear” the project “had not built sufficient consensus for a clean blocksize upgrade at this time.”

SegWit2x will therefore not activate Nov. 16 as planned, Belshe not naming a possible future date.

[Mavaku]

I am glad they canceled the whole thing. Hopefully the market can get more stability until the next fork in December. Too bad the Segwit2x is coming soon or later anyway...

[Hunt_777]

Hey guys, how about we create our voting here in the forum about the Segwit2x. Someone should create it for us to know if Bitcointalk forum agrees or not. This can shade light in our stand about this move. Anyone agrees with it? hehe. If someone create the voting, please post the link here for us to vote...

[TimtheYoutuber]

Hey guys, how about we create our voting here in the forum about the Segwit2x. Someone should create it for us to know if Bitcointalk forum agrees or not. This can shade light in our stand about this move. Anyone agrees with it? hehe. If someone create the voting, please post the link here for us to vote...

Would be cool to see what favor the bitcoin talk community is in, check out the poll here : https://twitter.com/cryptoassetnews/status/928439080714670080

I will also add it to the OP so everyone can see it. Good idea

[Benezim]

This demonstrates yet again how centralized the segwit2x initiative was after all if a handful of people can call off the hard fork. I'm glad the bitcoin community stood strong. This will not be the last attack on Bitcoin, but the attackers may run out of steam the more they try.

[cryptokitty]

Do not worry about Segwit2x cancellation . Even if bitcoin will be forked again or won't be happen this , bitcoin has only one way. And that way is to grow up !!!!

Indeed! That is right! Segwit cancellation will not greatly affect our daily trading. Most of us now are all learnd from our previous experiences about this even. So, i guess we are all be calm and will enjoy trading.

[sofi@]

We should not be worry about this cancellation I think this is just a postponement and sooner this fork will take place again developers might need to work something about segwit that's why they need to declare such cancellation and maybe there is much better alts to be introduce soon. Anyway the price of bitcoin is still on the rising status so this means that it was not affected by any hard fork let's just pray that no bad things will happen to bitcoin before this year end.

[Quidat]

Because of few guys, people lost thousands, stupid to called it off, when u r so close..

generally, you should never trade fundamental news. you haven't "lost" anything unless you've closed positions or sold your bitcoins. and i hate to say it, but anyone trading B2X futures or trading BTC on high leverage during this period of uncertainty and high volatility probably deserves to lose money. high risk, high reward = sometimes you lose your shirt.

if you held onto your bitcoins, they're worth as much as they were two days ago. and there's a good chance that the uptrend will continue now that the FUD is subsiding.

You cant stop people to trade or buy on those times which they are implementing or  following up their trade habits using fundamentals. They took the risk therefore they are already aware on losing up money.This is really high risk but high rewarding too if you did able to get in and get out on the right time  specially now the price is waving either up and down in matter of minutes,hours or days.

[bitcoin2m]

Independent Day of Bitcoin 2M+Segwit

Today is  hard  time for b2x investors .no any warning. All the NYA signers betrayed all the B2X investors . B2x investors lost 90% fortune in mins.

Now new B2X team build up. ASIC MINER is not trust-able .in order to protect the 2M+SW dream, to protect the b2x investors.

We will:
1, change mining algo to gpu mining
2, 2M+SW
3, add two way replay attack protection
4, miner will donate first minted 200K b2x to team after forked.
5,fork height: 4494784.

www.bitcoin2m.org
Twitter: @bitcoin2m
Github: https://github.com/bitcoin2m/bitcoin2x

[jseverson]

Because of few guys, people lost thousands, stupid to called it off, when u r so close..

How have people lost thousands? Thousands you could have gained in airdrops? Or thousands you put into Bitcoin to receive more free coins?

If it's the latter, then you haven't really lost anything because your money is in Bitcoin, and it's sure to grow from here, whether that be sooner or later. If it's the former, well tough luck. Segwit2x had larger implications beyond free coins, so people shouldn't really fixate on that. It's a good thing that it was cancelled because it could have truly split the community.

[yojodojo21]

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.

Yes, We can Say That Buying Altcoins Can be A Good Idea of Investing or can be used Also in Trading, But They Are All The Same coins but in Difference is Their Volatility, Bitcoin is The Leading Coin and Alts Are just Starting to uprise. As Far As I know The Owner of Bitcoin Hides His/Her Identity so How can we Know If He/She Fully cancelled The Segwit maybe  this is Just A Self preparation for the Real Incoming Segwit.

[roylecardy]

Lol. I saved up so much bitcoins for this fork. Sold all my ethereum nd bought bitcoins. I feel cheated   

[Medimiguel]

i agree, kids managing bitcoin 

[dusty rhodes]

so is this thing really cancelled ?

theres BS flying around everywhere

[djsugar]

Lol. I saved up so much bitcoins for this fork. Sold all my ethereum nd bought bitcoins. I feel cheated   

LOL! What were you waiting for? Why the hell are you feeling cheated? If Segwit2x would have happened, there was a possibility of chain split which would have affected the global reputation of Bitcoin and had divided the price between two new coins. Quite a disruption in Bitcoin smooth sailing.

You should be rather glad that Bitcoin is safe from all that Segwit 2x nonsense and price is still stable. Right not altcoins are still available at better price to enter if you want as from now most of the large cap coins will appreciate in value.

[ankurguta87]

I think altcoins will be now huge. All alts are waiting to takeoff since a long period because of this fork news. Hope to see ETH above $500 in few days.

[BitChamps]

Segwit2x seems unacceptable, which is why the BTC goes to the moon?

[Cholo003]

I think the cancellation of segwit2x was a good this show how people (us) still have the power when it pertains to bitcoin. This suppose to be changes is to absurd to me, because its tampering with satoshi nakamoto's invention which bitcoin.

[player514]

Because of few guys, people lost thousands, stupid to called it off, when u r so close..

How have people lost thousands? Thousands you could have gained in airdrops? Or thousands you put into Bitcoin to receive more free coins?

If it's the latter, then you haven't really lost anything because your money is in Bitcoin, and it's sure to grow from here, whether that be sooner or later. If it's the former, well tough luck. Segwit2x had larger implications beyond free coins, so people shouldn't really fixate on that. It's a good thing that it was cancelled because it could have truly split the community.

I absolutely don't agree with the person who you are quoting in this reply, just to be clear.

I think the user was trying to state that people were bubbling bitcoin up and those who bought a large sum at around 7,800 were shocked by the fact that there would be no fork and were unable to get money out in time. I personally feel like it's the investors fault if that's really the case. You can't really depend on something that's not set on happening. Furthermore, I agree with what you said about segwit 2x being more of an attack on bitcoin than anything. Seems like it really would have messed up the community.

[thinkdifferent]

Segwit2x seems unacceptable, which is why the BTC goes to the moon?

BTC already went up a lot now looks alt coins turn.

[bildad]

The miners mining bitcoin are asic mining machines they are only good for mining asic based crypto currencies. Bitcoin has hit a stumbling block pardon the pun as the block size is 1Mb, this 1Mb block size is too small to carry all the transactions so as a result there are longer delays in transactions and higher fees. There are to competing factions in Bitcoin, the Core who are the original tech team designers and then you have Miners and coin exchangers. The segwit2x Hard Fork was not designed by the original core who are purists and just want to let the thing roll with it's original design and the Ethos that it will be the Worlds Financial System when Fiat collapses. However the miners are the ones solving the blocks and providing the proof of work for rewards such as transaction fees and bitcoins. Obviously the miners will mine whatever is most profitable considering they have a massive outlay in hardware and Power consumption. The Hard Fork that was proposed segwit2x the 3rd Fork from recent times had the backing of the miners 80% from (NYA) and had the Fork taken place Bx2 Coins would have been issued for each bitcoin owned. The designers of the new bitcoin software thought that everyone would hang onto both wait and see that all the mining would have been done on the new fork and B2x would be The Bitcoin BTC. The Core designers and some in the community were not happy about this because Bitcoin currency was supposed to be decentralised however segwit2x would have showed us that this is not necessarily the case. The reason I believe it was cancelled was the potential damage it could have caused to both groups in bitcoin. I mean what are miners going to do with a heap of mining hardware if the coins weren't worth mining. So if they let it run it's course without tweaking software bitcoin will slowly grind to a halt cos it won't be worth mining so nobody will be keeping the ledger up to date and transaction fees will be so high that the bitcoin would be no good for purchasing anything.
Bitcoin was meant to be mined on regular laptops and computers so that there was no mining monopoly, but with greater technology so came large mining operations of which the system relies.
Remember bitcoin wasn't created to be a commodity it was created to be a new financial system. Segwit2x would have proved if Bitcoin was truly a financial alternative. They will still have to have a Hard Fork at some stage and soon. Imo.

[Stunna]

Segwit2x seems unacceptable, which is why the BTC goes to the moon?

BTC already went up a lot now looks alt coins turn.

I disagree. For a long time I was debating whether or not Bitcoin would be THE cryptocurrency and now I'm certain it will unless something drastic happens. As the distance between Bitcoin and the alt coins increases it will attract the majority of the money, talent & interest needed to propel it forward. The cancellation of Segwit2x gives both sides of the debate a chance to work together to find a reasonable compromise to scale bitcoin and that may or may not be a sidechain or blocksize increase.

As much as I was against Segwit2x I have no ill feelings towards the parties involved as the agreement behind it is probably what helped us get Segwit in the first place. Calling it off was a mature move and shows there is some sanity in this space. Although.. I was looking forward to swapping away my segwit 2x coins

[quierx16]

Video analysis : https://www.youtube.com/watch?v=D9XlstCRTLM

It will be very interesting to see how the price of bitcoin is affected, I know a lot of people that bought into bitcoin because they wanted the "free coin". It is currently up around 2% however the news is so new that people are likely still analysis it. I know I am personally glad they didn't go through with it, and am very happy with the way the crypto currency community is involved. I like the idea that the community/miners/investors etc can reject it.

What are your thoughts on it?


You can vote if you were for or against it here : https://twitter.com/cryptoassetnews/status/928439080714670080

segwit2x doesn't affect the price of the bitcoin that much. its just a free coin for the bitcoin holder. maybe forked may cause the bitcoin value to rise up again.

[J. Cooper]

Segwit2x seems unacceptable, which is why the BTC goes to the moon?

BTC already went up a lot now looks alt coins turn.

I disagree. For a long time I was debating whether or not Bitcoin would be THE cryptocurrency and now I'm certain it will unless something drastic happens. As the distance between Bitcoin and the alt coins increases it will attract the majority of the money, talent & interest needed to propel it forward. The cancellation of Segwit2x gives both sides of the debate a chance to work together to find a reasonable compromise to scale bitcoin and that may or may not be a sidechain or blocksize increase.

As much as I was against Segwit2x I have no ill feelings towards the parties involved as the agreement behind it is probably what helped us get Segwit in the first place. Calling it off was a mature move and shows there is some sanity in this space. Although.. I was looking forward to swapping away my segwit 2x coins

I couldn't agree more with you. The normal people will generally associate cryptocurrencies with bitcoin when they hear cryptocurrency on the news. And a lot of the people who are already into altcoins just want to accumulate more bitcoin for the long term. That's why I think bitcoin will be the THE cryptocurrency as well.

It was also very mature from all these parties to come together and end up canceling off segwit2x. Segwit 2x was the main reason why those parties agreed to activate segwit 1x. It really warms my heart that they actually chose to maintain the community instead of dividing it.

[Granxis]

Hey guys, how about we create our voting here in the forum about the Segwit2x. Someone should create it for us to know if Bitcointalk forum agrees or not. This can shade light in our stand about this move. Anyone agrees with it? hehe. If someone create the voting, please post the link here for us to vote...

No need to voting, everybody writes what you think, I think about Segwit negatively, 1 Mb block volume is enough now, enough in future.

[crptotrader007]

I see that the suspension of the Segwit2x fork has made a positive impact on the market. I say it positive because Bitcoin's price went down initially but recovered quickly. The drop in BTCs price made the altcoins jump from their idle position. Seeing BTC drop people bought it more which made it recover the price. So we can say that the money invested for the fork is now transferred to Altcoins while keeping BTC at is normal price.
Nobody knows what's going to happen next.  

[zenrol28]

Maybe that is why bitcoin suddenly surged to 7900 then plunged down to 7300. Someone did make a pump and when everyone followed he made the sell-off before reaching 8000 and after the plunge the news was published. These dramas made people lose money.

[hasmukh_rawal]

Looks like somebody took a great advantage of the current situation or the market itself made the sudden surge in price.
There was a sudden decrease in price when the announcement was made and then the Altcoins spiked up. Now Bitcoin has recovered half of the price drop and may be will recover it soon within the day. I thought BTC would drop atleast $1000-$1500 since there were many people who bought BTC just for the sake of free coins from the fork. But to my astonishment the drop has been recovered.

[OmegaStarScream]

I'm missing something here? It looks like Coinbase still want to push this fork. If that's the case, I advice everyone to withdraw their funds already.

[NUFCrichard]

So the New York Agreement between Segwiters and Big Blockers came to an agreement that they would do both.
That got enough people to agree, so that step 1 could be passed, and Segwit came into force.

The next step was obviously the bigger blocks, but the segwiters already had what they wanted, so reneged on the deal and screwed over the big blockers.

Is any of that wrong? Good luck agreeing on something next time out!

[100percent]

I'm missing something here? It looks like Coinbase still want to push this fork. If that's the case, I advice everyone to withdraw their funds already.

Where do you read this? They just say that they "are monitoring the update on Bitcoin Segwit2x and will provide an update in the coming days"

[Opquar]

Video analysis : https://www.youtube.com/watch?v=D9XlstCRTLM

It will be very interesting to see how the price of bitcoin is affected, I know a lot of people that bought into bitcoin because they wanted the "free coin". It is currently up around 2% however the news is so new that people are likely still analysis it. I know I am personally glad they didn't go through with it, and am very happy with the way the crypto currency community is involved. I like the idea that the community/miners/investors etc can reject it.

What are your thoughts on it?


You can vote if you were for or against it here : https://twitter.com/cryptoassetnews/status/928439080714670080

segwit2x doesn't affect the price of the bitcoin that much. its just a free coin for the bitcoin holder. maybe forked may cause the bitcoin value to rise up again.

Except it does. It's one of the reasons for the recent all time high. People were moving their alts into bitcoin to get more free coins from the fork. That translates to higher demand, and consequently higher value.

[Paranuatu]

Segwit might have been a way to pump the value, because the thought of free coins attracted many new customers (though most value pump came from the hype)

[setifien19]

There won't be a x2 fork , no free coins ( I think we should expect everything with cryptos)

[Naman1111]

I think btc should correct a bit since it has been pumped for airdrop. Also BCH will pump. Since 14 nov we will have future market things will swings a bit in the beggining and then stabilise.

[schyter]

https://twitter.com/BitcoinGhana/status/928535453871034368

[adrianto1995]

Video analysis : https://www.youtube.com/watch?v=D9XlstCRTLM

It will be very interesting to see how the price of bitcoin is affected, I know a lot of people that bought into bitcoin because they wanted the "free coin". It is currently up around 2% however the news is so new that people are likely still analysis it. I know I am personally glad they didn't go through with it, and am very happy with the way the crypto currency community is involved. I like the idea that the community/miners/investors etc can reject it.

What are your thoughts on it?


You can vote if you were for or against it here : https://twitter.com/cryptoassetnews/status/928439080714670080

segwit2x cancelled ?
hmm, its ok no problem with me because i didn't bought bitcoins anymore to get free coins
i hope altcoin price will pump again soon....  

[batang_bitcoin]

There won't be a x2 fork , no free coins ( I think we should expect everything with cryptos)

It's fine that there will be no free coins, there is still hope with alt coins you just have to invest on it.  And because of the cancellation of the Segwit2x many investors now will not worry about this split and division of the miners and the support from the community. The battle now between bitcoin against bitcoin cash is the one that we should look between the rally of btc's. The price now is going up to the moon, just keep on holding your bitcoins.

[TheGodson]

Honestly guys, I'm actually fine with the cancellation of the B2X coin. I was somewhat looking forward to dumping my B2X for some extra BTC, but overall I think the fork would have done more bad to the bitcoin community than good. I also don't have to deal with the stress of trying to sell my B2X before the price would have plummeted.

[squatter]

Segwit2x seems unacceptable, which is why the BTC goes to the moon?

BTC already went up a lot now looks alt coins turn.

I disagree. For a long time I was debating whether or not Bitcoin would be THE cryptocurrency and now I'm certain it will unless something drastic happens. As the distance between Bitcoin and the alt coins increases it will attract the majority of the money, talent & interest needed to propel it forward. The cancellation of Segwit2x gives both sides of the debate a chance to work together to find a reasonable compromise to scale bitcoin and that may or may not be a sidechain or blocksize increase.

I think that the Bitcoin/altcoin relationship is not so binary. The pattern is cyclical. Under the right conditions (stability/sideways-up price movement in the Bitcoin market), money tends to flow into altcoins for three reasons: 1) Some BTC buyers buy in to enter altcoins/tokens specifically. 2) Others eventually looks for ways to spend or invest their BTC, including buying altcoins/tokens. 3) Both of these activities lessen the amount of available BTC supply on the exchanges, driving prices upwards.

In addition, altcoins act as testbeds for BTC. Segwit was implemented on multiple altcoins before it was finally activated on Bitcoin, and I think that helped it gain wider acceptance. I think the relationship is quite symbiotic.

[Searing]

i dont get anything about this cancellation. anything about it. What will happen now ?

bitcoin core will continue to be the main flavor of BTC..and likley will start pushing lighting stuff

I would think the price would stay above 6k on such news......and that price will continue to creep up on adoption

my fear with this fork is you would have had something like 15% BCH and 40% BCT and 45% segwit2x+2mb

thus no 'flavor' would have 51% and people would then see THREE YEARS OF NO SOLUTION ON SCALING AND BLOCK SIZE PATH

that imho, would have sunk in and drove BTC price down to less than 4k or more imho

NOW, there is consensus (for the near future) thus......the only thing in BTC's way now is no longer 'internal' strife of a major note

but just the usual , adoption and real world FUD

I expect the Alts bucket to fill up for a bit ....catch up ..and then hopefully, btc will pump to 10-11k as folk state by say March 1st 2018

[coinspam]

It's good news as it will send BTC even higher. It shows that BTC is the one an king of kings.

[FIFA worldcup]

It's good news as it will send BTC even higher. It shows that BTC is the one an king of kings.

Yes, Good News indeed. Bitcoin will be more higher in price now.

[lorya]

It's good news as it will send BTC even higher. It shows that BTC is the one an king of kings.

Yes, Good News indeed. Bitcoin will be more higher in price now.

Bitcoin can continue its course quietly without risk of breakage. 

[squatter]

NOW, there is consensus (for the near future) thus......the only thing in BTC's way now is no longer 'internal' strife of a major note

but just the usual , adoption and real world FUD

I expect the Alts bucket to fill up for a bit ....catch up ..and then hopefully, btc will pump to 10-11k as folk state by say March 1st 2018

Actually, I think there is more drama incoming. Just wait until the Bitcoin Cash guys start their marketing push. They're already giving us a taste, with Roger Ver, Jihan Wu, Calvin Ayre, Kim Dotcom, Craig Wright/Jon Matonis and others shilling for them.

Now that 2X is out of the way and the CEOs that backed it are probably feeling salty, BCH is the obvious answer for them. The chart looks healthy, too, as much as I hate to say it. My guess is that the next major FUD/attack/competition will come from that angle.

[ZaynDale]

Segwit2x aims for better scalability of Bitcoin like increasing blocksize capacity. But they didn't close the issue, they just cancel the implementation of the fork and that's decision happened when they're approaching to the block that was going to full. They're still pushing the fork because this debate was started around May this year and they're still pushing it but the exact date still unknown.

[ZaynDale]

It's good news as it will send BTC even higher. It shows that BTC is the one an king of kings.

Yes, Good News indeed. Bitcoin will be more higher in price now.

Everytime there's hard forks the Bitcoin value will even being pumped so analysts said that the role of creating a fork is to increase Bitcoin's value, well, they were right. Segwit2x is canceled or not Bitcoin will continue to rise because people wanted to invest more and a lot of people also are gaining profits on trading cryptocurrencies.

[Juggy777]

Video analysis : https://www.youtube.com/watch?v=D9XlstCRTLM

It will be very interesting to see how the price of bitcoin is affected, I know a lot of people that bought into bitcoin because they wanted the "free coin". It is currently up around 2% however the news is so new that people are likely still analysis it. I know I am personally glad they didn't go through with it, and am very happy with the way the crypto currency community is involved. I like the idea that the community/miners/investors etc can reject it.

What are your thoughts on it?


You can vote if you were for or against it here : https://twitter.com/cryptoassetnews/status/928439080714670080

I am really taken back by their decision to suddenly cancel it, I was aware that the segwit2x was not getting much support but that would lead to cancellation is a surprise, last night post the cancellation it shot up and then it's settled lower, now I feel there will be selling as people who brought for free coins shall sell it, however I feel price could boom also as people would now move into it with more freedom and without worry of fork.

[Jonsnowstark]

Segwit2 cancellation has made so much noise in the bitcoin community. Especially that the cancellation has made a good push to the value of bitcoin, now geqring towards the 8,000 mark. but i think everything is designed to get the attention of everyone on bitcoin. And their strategy is doing a real good job. The btc balue will continue going up.

[MarkusIsaiah]

I don't disagree with Segwit2x but i am thankful that it was cancelled and that is a good move on the developers because there is no point pushing segwit2x if it is not stable and lots of bugs. It will just bring down BTC price and there will be more fork that will happen in the future without solving the problem.

[Bestcoin-fan]

I am so much happy the 2xers have heeded the voice of reason and abandoned their insane venture!

2 Mb blocks may be discussed, anybody can create their own 2+ mb altcoin, etc.
But 2x fork was not supposed to be a fair altcoin! It had been going to forcibly seize the Bitcoin. That was one of the worst attacks against the Bitcoin.

But the merciful Lord has saved the Bitcoin, and all of us (Bitcoin holders) as well!

And now I think, maybe those 2xers are not so bad, as anyone can be mistaken, the most important thing is to have the courage, honesty and wisdom to admit that you were not quite right.

[Searing]

NOW, there is consensus (for the near future) thus......the only thing in BTC's way now is no longer 'internal' strife of a major note

but just the usual , adoption and real world FUD

I expect the Alts bucket to fill up for a bit ....catch up ..and then hopefully, btc will pump to 10-11k as folk state by say March 1st 2018

Actually, I think there is more drama incoming. Just wait until the Bitcoin Cash guys start their marketing push. They're already giving us a taste, with Roger Ver, Jihan Wu, Calvin Ayre, Kim Dotcom, Craig Wright/Jon Matonis and others shilling for them.

Now that 2X is out of the way and the CEOs that backed it are probably feeling salty, BCH is the obvious answer for them. The chart looks healthy, too, as much as I hate to say it. My guess is that the next major FUD/attack/competition will come from that angle.

I think BCH will just be a fork....of Bitcoin. In fact, I see many forks's of this type....why make an ICO? (soon to be regulated or illegal) why make an ALT coin from scratch and start out with it as a penny and years to gain price? .... why start any coins with a new protocol or hardware like x11 when you can just make a snapshot and jump your coin off the bitcoin fork..

By forking of Bitcoin, using Bitcoin Gold as an example of how not to do something like this prudently, your vaporware (IMHO) ALT coin fork, like Bitcoin Gold, hits the world in $ and not just cents per coin.....

why would you make an ALT coin today in any other manner..then just fork off Bitcoin?

Thus, BCH will be the first Bitcoin ALT fork of many, many to come...like it or not ...but won't replace BTC any of them...

anyway, how I see it panning out

[roshanface123]

Even i am happy with the decision most of the coins in my portfolio even though very less i recently started trading it was in loss everyday checking whole portfolio was in red . Now am glad that some of my holdings are showing green . Hope soon Bitcoin price will decrease will reach 5K arround . So that i can recover my bitcoin investment .

[coolcoinz]

Even i am happy with the decision most of the coins in my portfolio even though very less i recently started trading it was in loss everyday checking whole portfolio was in red . Now am glad that some of my holdings are showing green . Hope soon Bitcoin price will decrease will reach 5K arround . So that i can recover my bitcoin investment .

They are showing green because you cut your losses, sold, and think it's all blank now? Sorry, but past deeds don't disappear. If you sold at a loss you sold at a loss, that's all. I'm happy that it got cancelled as it wasn't ready and had not enough support. They knew it and got out. Give it a few days and we'll go up again.

[TimtheYoutuber]

Video analysis : https://www.youtube.com/watch?v=D9XlstCRTLM

It will be very interesting to see how the price of bitcoin is affected, I know a lot of people that bought into bitcoin because they wanted the "free coin". It is currently up around 2% however the news is so new that people are likely still analysis it. I know I am personally glad they didn't go through with it, and am very happy with the way the crypto currency community is involved. I like the idea that the community/miners/investors etc can reject it.

What are your thoughts on it?


You can vote if you were for or against it here : https://twitter.com/cryptoassetnews/status/928439080714670080

I am really taken back by their decision to suddenly cancel it, I was aware that the segwit2x was not getting much support but that would lead to cancellation is a surprise, last night post the cancellation it shot up and then it's settled lower, now I feel there will be selling as people who brought for free coins shall sell it, however I feel price could boom also as people would now move into it with more freedom and without worry of fork.

I just like the fact that peoples opinions were able to play a role, and it is not dominated by 1 person.

[zombie6]

Apparently the main forces are the Whales (large Chinese mining pools, they also own more bitcoins) and the bitcoin core, plus whales are still actively speculating on this, it has canceled already a bunch of times! 100% speculation! But the fact that it can not happen in any way suggests that most likely they can not reach consensus in any way!!!!!!!