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He's back ? Bitcoin’s SegWit2X Fork Scheduled for December ‎‎28


Kargai

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Posted

Important note : it's not the come back of the Segwit2X who was cancelled few weeks ago. This one is another "shitfork" like Bitcoin Diamond, Bitcoin Plus, etc. I repeat it's not the fork who was planned earlier.

The fork will happen in just a week, precisely on the block number 501451. What is going to change in this new chain is the block size (up to 4 MB), the production rate of the block to 2.5 minutes, a new type of addresses, the difficulty of mining will be updated after each block, 

The project will be implemented because Bitcoin is simply impossible to use as a means of payment right now. 

Each holder of BTC will receive the same amout of B2X (ratio 1:1) but also a proportional number of Bitcoin founder Satoshi Nakamoto`s coins (what the hell this thing is, i really don't know).

Source : https://www.financemagnates.com/cryptocurrency/news/ultimate-comeback-bitcoins-segwit2x-fork-scheduled-december-‎‎28/

Posted
8 minutes ago, Kargai said:

Important note : it's not the come back of the Segwit2X who was cancelled few weeks ago. This one is another "shitfork" like Bitcoin Diamond, Bitcoin Plus, etc. I repeat it's not the fork who was planned earlier.

The fork will happen in just a week, precisely on the block number 501451. What is going to change in this new chain is the block size (up to 4 MB), the production rate of the block to 2.5 minutes, a new type of addresses, the difficulty of mining will be updated after each block, 

The project will be implemented because Bitcoin is simply impossible to use as a means of payment right now. 

Each holder of BTC will receive the same amout of B2X (ratio 1:1) but also a proportional number of Bitcoin founder Satoshi Nakamoto`s coins (what the hell this thing is, i really don't know).

Source : https://www.financemagnates.com/cryptocurrency/news/ultimate-comeback-bitcoins-segwit2x-fork-scheduled-december-‎‎28/

uh oh I gotta get some btc ready... lol who knows if it will happen for real tho

Posted

Why are they doing that? They think that new coins will enjoy the same popularity. I'm not interested in the branches of bitcoin and I have no desire to invest in them. Maybe I'm wrong.

Thank you @Kargai as always useful information.

Posted

@barbaris , I think he answered this question in the official website. Here's what he quoted- "Commission and transaction speed within the Bitcoin network has reached extraordinary values. It is almost impossible to use it as a means of payment."- aap Terlouw, Founder of the project

And I think he's right at some certain point. I mean look at the piles of unconfirmed transactions, the transaction fee and all these. Don't you think that a fork is necessary(obviously not a shitfork)

I personally support this fork. For Any other information about the fork, check this official website- https://b2x-segwit.io/

Posted
14 hours ago, Kargai said:

Important note : it's not the come back of the Segwit2X who was cancelled few weeks ago. This one is another "shitfork" like Bitcoin Diamond, Bitcoin Plus, etc. I repeat it's not the fork who was planned earlier.

The fork will happen in just a week, precisely on the block number 501451. What is going to change in this new chain is the block size (up to 4 MB), the production rate of the block to 2.5 minutes, a new type of addresses, the difficulty of mining will be updated after each block, 

The project will be implemented because Bitcoin is simply impossible to use as a means of payment right now. 

Each holder of BTC will receive the same amout of B2X (ratio 1:1) but also a proportional number of Bitcoin founder Satoshi Nakamoto`s coins (what the hell this thing is, i really don't know).

Source : https://www.financemagnates.com/cryptocurrency/news/ultimate-comeback-bitcoins-segwit2x-fork-scheduled-december-‎‎28/

Thank for your infor but today is black friday so every coins are saleoff :) i think this is a step for bitcoin go over 20k again

Posted
1 hour ago, akki785 said:

@barbaris , I think he answered this question in the official website. Here's what he quoted- "Commission and transaction speed within the Bitcoin network has reached extraordinary values. It is almost impossible to use it as a means of payment."- aap Terlouw, Founder of the project

And I think he's right at some certain point. I mean look at the piles of unconfirmed transactions, the transaction fee and all these. Don't you think that a fork is necessary(obviously not a shitfork)

I personally support this fork. For Any other information about the fork, check this official website- https://b2x-segwit.io/

Why supporting this fork if it's not a change on the main blockchain ? BTC will stay ass tuck and cloaged as now. It will just be a new coin and BCH is already faster and cheaper than BTC, so a better "bictoin coin" already exist.

 

Posted
4 hours ago, akki785 said:

I think he answered this question in the official website. Here's what he quoted- "Commission and transaction speed within the Bitcoin network has reached extraordinary values. It is almost impossible to use it as a means of payment."- aap Terlouw, Founder of the project

And I think he's right at some certain point. I mean look at the piles of unconfirmed transactions, the transaction fee and all these. Don't you think that a fork is necessary(obviously not a shitfork)

I personally support this fork. For Any other information about the fork, check this official website- https://b2x-segwit.io/

I'm just afraid, bitcoin is sensitive to everything. To talk, to forks and so on. I want stability for this coin.:D

Posted
19 hours ago, Kargai said:

Important note : it's not the come back of the Segwit2X who was cancelled few weeks ago. This one is another "shitfork" like Bitcoin Diamond, Bitcoin Plus, etc. I repeat it's not the fork who was planned earlier.

The fork will happen in just a week, precisely on the block number 501451. What is going to change in this new chain is the block size (up to 4 MB), the production rate of the block to 2.5 minutes, a new type of addresses, the difficulty of mining will be updated after each block, 

The project will be implemented because Bitcoin is simply impossible to use as a means of payment right now. 

Each holder of BTC will receive the same amout of B2X (ratio 1:1) but also a proportional number of Bitcoin founder Satoshi Nakamoto`s coins (what the hell this thing is, i really don't know).

Source : https://www.financemagnates.com/cryptocurrency/news/ultimate-comeback-bitcoins-segwit2x-fork-scheduled-december-‎‎28/

i saw this news today, and more more bitcoin forks to come also.... this will get more traffic on blockchain i guess... 

Posted

Thanks For informing Kargai . I amma try to hold some bitcoins till then . Probably this one would pump the price a little bit more up like all the other ones . I personally  think there is need for any more forks .Fork was a special thingy and a big thingy when btc cash was released .Now it seems like they are popping from everywhere. Fake news of fork is also common. Anyone comes up with a new fork with just extending the block size and nothing else .This kills the excitement of it tho !

Posted
9 minutes ago, wilberthh said:

Nice information.. But is this coin somehow related to : https://bitcointalk.org/index.php?topic=2444949.0  ??

I followed their bounty since beginning. I don't know if it's legit tho since the thread starter is a "newbie rank" xD 

I don't know but i wouldn't be surprise. Like I said in the first post it's a shitcoin, not a real BTC fork. They could be a scam as Bitcoin Platinum was.

Posted
1 minute ago, Kargai said:

I don't know but i wouldn't be surprise. Like I said in the first post it's a shitcoin, not a real BTC fork. They could be a scam as Bitcoin Platinum was.

Hahahaha yeah you right xD I never heard of bitcoin diamond anymore anyways xD 

Also, the thread starter of b2x on bitcointalk said that they will create a spreadsheet since November, but I can't even find any spreadsheet until now :/ 

This could be another scam yeah.

Posted

Just wanna add this part of a video speaking about the fake Segwit2X since I believe it's really well explianed by BoxMining (i put you the exact moment, no need to watch all the vid) :

 

Posted

What a waste, wish I havent withdrawn mine yet on coinbase i should have B2x right now. :( very unlucky of me.. it was due to massive btc price drop I withdrawn all and holiday season also ,better luck next time for me.

Posted

I'm Not sure of the legitimacy of this b2X fork. Announced it was forked on 28th, but till now, I didn't get any extra coin in any wallet. Waiting for the official announcements from different wallets..

Posted

Seem more and more that I was right by being cautious about this fork. It was launch few days ago and very very little media coverage about it.

Some are even questionning if it's a pure scam or not : https://www.ccn.com/segwit2x-a-scam-community-members-cry-foul/

If we look at coinmarketcap ... the futures where around 1000$ the day it was done, 72h later they are at ... less than 250$. A lost of 75% in the value.

Could be because the market is struggling right now or a drop like we saw one for Bitcoin Cash or Bitcoin Gold. But could be also because it's pure crap ;)

Posted
6 minutes ago, Kargai said:

Seem more and more that I was right by being cautious about this fork. It was launch few days ago and very very little media coverage about it.

Some are even questionning if it's a pure scam or not : https://www.ccn.com/segwit2x-a-scam-community-members-cry-foul/

If we look at coinmarketcap ... the futures where around 1000$ the day it was done, 72h later they are at ... less than 250$. A lost of 75% in the value.

Could be because the market is struggling right now or a drop like we saw one for Bitcoin Cash or Bitcoin Gold. But could be also because it's pure crap ;)

So what they posted on the telegram channel isn't a hoax afterall. Someone explained it detailly about it. Really a bad news :(

I hope the next fork (bitcoin cash plus) won't be like this.

Posted

Maybe not a pure scam but clearly not well done.  Bitcoin Gold was a borderline debacle and this roll out makes it look like professional operation.  I'm all about freedom and happy to see forks if people have a better idea BUT it needs to be handled in a very professional manner in order to gain acceptance and people's confidence.

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