Segwit2x cancellation discussion

[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