Segwit2x CANCELLED and Parity issue!

[hasmukh_rawal]

It is actually good that the fork was "suspended" . Many of them say it is cancelled but it is actually suspended until the right moment.
They said that the community is not supporting them for the fork and hence they are withdrawing their idea to do the fork.
Now the price of all the coins including BTC will rise steadily. The fork was creating too much spike in BTC market. Now since it is supended the money will flow in all directions.

[BTCLovingDude]

this is terrible for ethereum. right now their developers are a shame on the whole cryptocurrencies and the worst part is that they have gotten paid a lot of money for doing what they were supposed to do and are failing to do it properly. i am wondering where did the 72 million ETH premine (currently worth $21.6 billion) went if not to developers to do their jobs properly?

[dennyd999]

this is terrible for ethereum. right now their developers are a shame on the whole cryptocurrencies and the worst part is that they have gotten paid a lot of money for doing what they were supposed to do and are failing to do it properly. i am wondering where did the 72 million ETH premine (currently worth $21.6 billion) went if not to developers to do their jobs properly?

It is terrible for Parity Wallet.

Parity is an independent from Ethereum Network organisation which builded their Multisig Wallet on top of Ethereum Network.

If you see website hacked in Internet it is not mean Internet is vulnerable. Internet allow millions websites to exist! It means website was developed not secure. The same is with a Parity wallet.

If you are BTC holder, let say Electrum wallet was hacked. It is not means whole BTC Network is bad, It is problem with Electrum developers (however Electrum was never hacked before it is just an example)


Parity had double-trouble. Month ago the Multisig wallets was hacked with $35M this time $150M frozen. Do not use Parity wallet. Use MEW ,Geth or Gnosis.


Ethereum Network do not consider to make an EIP(Emergency Improvement Proposal) on this case or to make HF. Because it is not Ethereum internal problem.

[mR.k0fka]

too much drama in crypto world 
i dont understand why people kept using parity after the first hack.. \;

[HardFireMiner]

Great news!

20.000$, here we come!

[Bytem3]

Great news!

20.000$, here we come!

Alts gonna skyrocket before that happens Ark up already 50% https://coincodex.com/crypto/ark/

[dmty.0809]

altcoin will not rise again and fear will disappear .. and bitcoin will triumph in the world of crypto

[puremage111]

So many shits happening right now in cryptoworld. What would happen after the cancellation of Segwit? Also the parity issue that locks huge amount of ethereum. I just want to know your opinion.

I am not sure about the effect of cancellation on Segwit2x as the fees is an issue now.
However for parity, it does affect quite a number of people who uses the multi sig wallet.
Especially the largest holder within the locked funds - Polkadot.

IMO, i think the amount should be unlocked in the upcoming Hard Fork in January. These funds gotta be released because people who uses the wallet wanted their coins to be "safe", not just gone

[ju34400]

Great news!

20.000$, here we come!

before to see the $20000 we will see the $5000 or even less i think
those who holded btc only for fork, will sell in next days

[BlockMedx]

It's been great news that they've suspended the fork.  It was a very prudent decision, given the fact that they could not reach consensus and the community was not supporting it.  Overall, this is a very good sign for the community at large

[diguyo]

Typical, I sell BTC anticipating a correction (still likely soonish), and then cancellation of 2X makes BTC go up like crazy...it's stabilised now but no profit in it for me

[thejaytiesto]

So many shits happening right now in cryptoworld. What would happen after the cancellation of Segwit? Also the parity issue that locks huge amount of ethereum. I just want to know your opinion.

Parity is a mess. The only good thing it does is it looks good and it works on a browser... well it really doesn't as we can see. I tried it back then when I considered buying some ETH and storing them there thinking they would be safe, how naive.

I also tried the native geth full node wallet and it was a mess, never synced.

ETH is a fucked up coin.

[Snarks]

Maybe the Parity bug made the Segwit2X guys reconsider the consequences of releasing a rushed Bitcoin fork. Better safe than sorry.

[pinarsusar]

thats the best news ı have ever heard in a 2 months
in 2 months there was lots of fuds and btcgold fork
and then segwit2x happened and all the altcoin parity was goes down
today was everywhere is green 
ı hope its keep long time but segwit2x not canceled ıt just delayed so we should be careful later on

[Iamlegit4sure]

Typical, I sell BTC anticipating a correction (still likely soonish), and then cancellation of 2X makes BTC go up like crazy...it's stabilised now but no profit in it for me

sell, BTC price should go Down now...i hope

[ilya_gr]

They can announce in some weeks, that SW2X will be again, and alts will fall down at once again:)It’s just psychology you need to understand:)

[suvo05]

It is a good news for the cryptoworld. After the cancellation news the altcoin market start increasing . Let's see in which direction btc goes.

[khan149]

Segwit2x cancellation is very good.I am very happy.ALTcoins started pumping.Because of the segwit2x, everyone was holding Bitcoin, so the prices of all the coins decreased.

[vfrcbv911]

It seems to me that undoing the S2X is very good for the entire market. After this news all altcoins are finally starting to grow!

[Jack353]

The cancellation of Segwit2x is a fantastic move made by the Segwit devs. They have finally realized that, right now, Bitcoin is not facing many scalability issues and the ones which it faces are resolved- which means that there is no need for the fork! This saves the Bitcoin community from a huge divide and possibly saves Bitcoin itself from its downfall- which would cause a huge rush of capital from the Crypto market and set back Cryptos immensely.

The Eth parity issues are due to another network hack, but luckily it is not effecting many people- or the price as it has been steadily gaining the past few days.

Good luck and stay safe!