Bitcoins are hard fork again in November.
The name of the coin to be born next is "B2X".
I just recently broke BTG, but this time the fork is more serious than BTG.
What happens to the bit coin by the division of B2X?
What is the impact on the market thereby?
What will become of alto coin?
Let's examine it.
Outline and date and time of Segwit 2X?
I often hear Segwit 2 X is simply the name of the bit coin update.
As of now, about 85% of the minor supports Segwit 2x, it is rich to split.
The update date is scheduled for November 16th,
This is a schedule and actually depends on the block generation speed.
It was the case even at BTG.
The fork is one day earlier than planned for the BTG which divides at block No. 140147.
Actually this Segwit 2 X also has a faster block generation speed than planned,
Like BTG, it is highly likely that the hard fork will be ahead of schedule.
The exact date and time is unknown but perhaps it should be around November 14th - 15th.
Always be careful as the market price will be rough before and after the hard fork.
(Source: https: // bashco.github.io/2x_Countdown /)
I want Sugwit 2 X to have a countdown site so please refer.
Bit coins change !?
Segwit 2X hard fork splits into BTC and B2X,
Among these two coins, "recognize the higher hash power as a bit coin"
Statement that is announced in the Coinbace article.
In other words, B2X may become "bit coin" after a fork.
If this happens then it will definitely cause great confusion in the market.
B2X's current BTC denominated value has been around around 0.2 BTC.
If this replaces the bit coin, B2X up to the current 1 BTC price
It will rise suddenly at a stretch, which will lead to the current BTC causing a massive crash.
The possibility that "BTC" will be worthless and the future of alto coin
If B2X becomes a "bit coin" with a large hash power,
BTC, of course, plummets.
In that case, will minor continue mining BTC?
No, the minor will start mining another coin with a higher mining fee.
In case
Then, BTC, which is no longer mined, significantly reduces the generation speed of the block,
I can see the future where remittance itself will not function.
If B2X takes the initiative, the BTC may disappear and even disappear. In case
What about alto coins?
If B2X becomes a bit coin, what will happen to alto coin?
Most alto coins in the current virtual currency world are traded on BTC.
BTC collapsed at a stretch, minor was gone, almost as "worthless" as
Alto coin will soar in the event of becoming.
But this is soaring, not soaring.
Even if the value rises in BTC construction, once the value of BTC disappears it is no longer
Alto coin is to become worthless to companion.
In order to prevent this, it is conceivable that Alto coin could be "possible to trade on B2X" as a possibility.
But, if so, when is the timing?
In a situation where prices of BTC and B2X are fluctuating,
I do not think there is a best timing to replace Alto Coin's key currency.
Alto coin's value will not go away,
Alto, which is valued as a base currency for bit coins, will definitely get rough. In case
Potential for bit coin cache (BCH) to take the initiative
Recently Bit Coin Cache (BCH) has attracted attention.
This is because Segwit 2x fears the future of bit coins,
It is because buying is rushing from reading that Bash's hash power will increase.
Mr. Jihan, the CEO of Bitmain, the world's largest BTC mining company, is also predicting BCH.
There are many supporters of BCH, BCH replaces BTC and B2X and genuine 'bit coin'
It is a situation that can not be denied.
The minor clearly said that he did not know what BTC would be like.
Minor is to be able to mining coins with high mining fee,
It does not matter whether it is BTC, BCH or B2X.
In the first place the value of bit coin is minor.
The value of bit coins will be gone if they do not mined.
The conflict which holds the initiative of future bit coin
It will be essential to check minor trends.
What should investors do?
For now it does not mean that you can get B2X securely if you own BTC.
However, this is largely dependent on the correspondence of exchanges,
Let's wait for future exchange announcement.
I think that B2X will be granted
After the announcement of the exchange, BTC seems to temporarily skyrocket.
However, since nobody can predict what will happen after the fork, after granting B2X
BTC is expected to crash. As expected it will not rise sharply.
There are several patterns of behavior as investors.
① We fully invest in BCH. Most assets rush into BCH
② After returning to BTC once, after receiving B2X, change BTC to Alto or Fiat currency and be quiet
③ Do not receive B2X and just prepare Alto with full power just before splitting
Summary
It is difficult to judge what is correct as there are too much information,
I believe that B2X is not as thin as a bit coin.
There is only one developer for B2X, and whitepaper is not decent content.
Without minor block size expansion in Segwit 2X,
It is only supporting it because mining urawaza can not be used.
Also minor for BCH mining as a way to escape.
It should not be supporting any currency "B2X" seriously.
From the user's point of view of BTC the currency of one developer
It is natural that you do not want something in the base currency.
Ultimately you can see the future where BTC will be "bit coin" as before.
Anyway please pay attention to future trends of exchanges and minor
Let's grasp the information firmly and take best action.