Bitcoin fork in November: Segwit2x

m22au · Oct 27, 2017

Bitcoin will fork on approximately Thursday November 16.
https://www.thestreet.com/story/143...n-november-expected-to-drive-prices-high.html

and will result in a new coin Segwit2x.

Bitcoin Upgrade at Block 494,784
https://segwit2x.github.io/segwit2x-announce.html

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m22au · Oct 29, 2017

Segwit2x futures:
https://coinmarketcap.com/currencies/segwit2x/

How exchanges will treat the fork:
http://www.nasdaq.com/article/to-b2...xchanges-will-list-the-segwit2x-coin-cm867517

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Cuddles · Oct 31, 2017

A bit of a clusterfuck. I'm not yet sure if we're getting two different coins or a single coin tradable on both block chains

m22au · Nov 3, 2017

On Friday 3 November at 4.53am New York time, Segwit 2x futures are at $1425.84 or 0.1923 BTC

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m22au · Nov 3, 2017

Here4money said:
A bit of a clusterfuck. I'm not yet sure if we're getting two different coins or a single coin tradable on both block chains

I think it's similar to the Bitcoin Cash and Bitcoin Gold forks: you will get a "free" Segwit2x coin after the fork occurs.

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Pekelo · Nov 3, 2017

m22au said:
On Friday 3 November at 4.53am New York time, Segwit 2x futures are at $1425.84 or 0.1923 BTC

Wow, that is like a 20% dividend. They should do forks every Wednesday...

m22au · Nov 3, 2017

Pekelo said:
Wow, that is like a 20% dividend. They should do forks every Wednesday...

Even higher now:

On Friday 3 November at 4.24pm New York time,

Segwit 2x futures
https://coinmarketcap.com/currencies/segwit2x/

are at $1928.65 or 0.2644 BTC

If the futures are accurate then this fork will be a real event, unlike the tiny blips of the Bitcoincash and Bitcoingold forks.

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just21 · Nov 3, 2017

Is it still worth selling alt coins at low prices to get the fork coin?

Cuddles · Nov 3, 2017

just21 said:
Is it still worth selling alt coins at low prices to get the fork coin?

They rallied nicely today.

Also, is it free money if it drags down Bitcoin by 2k? It's the technically Superior coin after all.

Pekelo · Nov 4, 2017

Here4money said:
is it free money if it drags down Bitcoin by 2k?

But that is the point that it doesn't. Everybody expected it with the earlier fork and it didn't happen. So yes, it is free money.