Current Market Conditions - General Discussion

wannabecraig

So with the upcoming fork, which will retain the BTC name and which will get the new name?

So the new 'coin' will have a 2MB block, does that get called BTC or SX2 or whatever?

el diablo

wannabecraig wrote: »

So with the upcoming fork, which will retain the BTC name and which will get the new name?

So the new 'coin' will have a 2MB block, does that get called BTC or SX2 or whatever?

Segwit 2X has been cancelled.

wannabecraig

Yeah, posted before I read the news, tks.

breadmond

https://arstechnica.com/tech-policy/2017/11/bitcoin-compromise-collapses-leaving-future-growth-in-doubt/

Interesting article about what the cancellation of the fork could mean for bitcoin. Personally I can see the escalating transaction fees posing a real problem down the line, if bitcoin fails to evolve we could see one of the newer coins become the market leader.

seraphimvc

meanwhile, drama continues.

https://bitcoin2x.org/

We have decided to continue with the fork as planned. We will not allow the destiny of Bitcoin to be controlled by 6 individuals.
Same date - November 15th.

Bitcoin2x is a secure payment network with cheaper and faster transactions

The One Doctor

seraphimvc wrote: »

meanwhile, drama continues.

https://bitcoin2x.org/

Wait, what??

DANNY2014

BCH going crazy... Can it become the new bitcoin now...

machiavellianme

Maybe in Korea...

seraphimvc

https://www.bitcoin.com/public-service-announcement

Bitcoin.com Statement on Bitcoin Cash (BCH)

As we have previously stated, Bitcoin.com believes that behaving with integrity and upholding agreements made is always the proper course of action. As such, we continue to remain committed to supporting the Segwit2x proposal, which has received broad support from Bitcoin industry and community alike.

Due to significant demand from our users, the Bitcoin.com Pool will give mining customers the option of supporting the Bitcoin Cash chain (BCH) with their hashrate, but otherwise Bitcoin.com Pool will by default remain pointed at the chain supporting Segwit2x (BTC).

We trust that our fellow community members will also behave with integrity and uphold agreements made, but in the unlikely event that the 2MB block size increase portion of Segwit2x fails to activate, Bitcoin.com will immediately shift all company resources to supporting Bitcoin Cash exclusively.

Sincerely,
Bitcoin.com

wtf is going on, literally nonstop drama aha

The One Doctor

Jesus. I converted my BTC to LTC yesterday and I'm glad I did.

machiavellianme

Baffling, that announcement seems to have reversed the BTC to BCH trend (at least temporarily)
Not sure if I shouldnt just cut my losses and withdraw whats left. This rollercaster makes no sense.

The One Doctor

machiavellianme wrote: »

Baffling, that announcement seems to have reversed the BTC to BCH trend (at least temporarily)
Not sure if I shouldnt just cut my losses and withdraw whats left. This rollercaster makes no sense.

Everyone else is thinking the same. Hopefully they run for the major alts.

SkySter

The One Doctor wrote: »

Everyone else is thinking the same. Hopefully they run for the major alts.

A good chunk of the market haven't a clue on the available Alt options. If common sense and the best technology were drivers for investment decisions we wouldn't be where we are now.

The One Doctor

SkySter wrote: »

A good chunk of the market haven't a clue on the available Alt options. If common sense and the best technology were drivers for investment decisions we wouldn't be where we are now.

A good point.

cnocbui

SkySter wrote: »

A good chunk of the market haven't a clue on the available Alt options. If common sense and the best technology were drivers for investment decisions we wouldn't be where we are now.

Technology isn't the main driver of investment in Cryptos, IMO, which is why we are where we are. The value behind any particular crypto is sentiment, not technology. Sentiment might well shift if technologies ever start being implemented on a large scale in significant real-world applications.

stevedublin

spike above €400 in Dash, is it worth selling a little now?

freesheep

it's going up again.

We have already crossed $6600 and we are heading again for $7000!!! I think we will be touching $10k at the end of the year.

DANNY2014

https://m.facebook.com/story.php?story_fbid=1499865950127085&id=433523166761374

Will this take xrp somewhere good...

annie.t

Market cap increasing dramatically, but btc price pretty stagnant over last few days. Is this because of eth spike or what?