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Author Topic: Segwit2x cancellation discussion  (Read 2223 times)
TimtheYoutuber (OP)
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November 08, 2017, 07:47:06 PM
Last edit: November 09, 2017, 01:49:14 AM by TimtheYoutuber
 #1

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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November 08, 2017, 07:48:14 PM
 #2

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

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November 08, 2017, 07:52:08 PM
 #3

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. Cool Cool Cool
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November 08, 2017, 07:56:56 PM
 #4

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. Cool Cool Cool
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.
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November 08, 2017, 08:01:31 PM
 #5

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 !!!!

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November 08, 2017, 08:04:42 PM
 #6

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.

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November 08, 2017, 08:07:45 PM
 #7

It shows the attitude of people. The Segwit2X cancellation us what caused the spike.
Most cryptocurrencies rise in wake of cancellation of SegWit2x hardfork.
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November 08, 2017, 08:08:13 PM
 #8

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.
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November 08, 2017, 08:11:02 PM
 #9

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.
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November 08, 2017, 08:11:31 PM
 #10

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 Cheesy
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.

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Twinkledoe
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November 08, 2017, 08:11:42 PM
 #11

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.  Cheesy 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.
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November 08, 2017, 08:20:59 PM
 #12

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 Cheesy
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November 08, 2017, 08:23:40 PM
 #13

i dont get anything about this cancellation. anything about it. What will happen now ?
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November 08, 2017, 08:26:58 PM
 #14

Depend on this news bitcoin price can’t be crash down soon (survive from china ban and 3 new coins )
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November 08, 2017, 08:43:15 PM
 #15

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

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November 08, 2017, 09:00:32 PM
 #16

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. Cool Cool Cool

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.

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November 08, 2017, 09:06:53 PM
 #17

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. Cool Cool Cool
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.
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November 08, 2017, 09:12:21 PM
 #18

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!

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November 08, 2017, 09:14:40 PM
 #19

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!
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November 08, 2017, 09:17:28 PM
 #20

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.
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