This is something i came across very recent, Where this might be a most exciting news for many of us but for some of us it might be bad in trading point of view but this is a winning situation for the bitcoin community
Bitcoin Segwit2x Hard Fork has been Cancelled !!!
Why it's a win?
Think of this as of today in the world without Crypto Currencies, we use to get information way later whereas only few people controlling the markets, gets to decide for us leaving us no other option but to accept it.
In Bitcoin community our voice has a value, more and more people going against this hardfork. Keep on pointing out that this move can destroy Bitcoin value at maximum and would have given a chance to alt coins for replacing bitcoin as transfer of value.
It is because of many of us keeping their voice out and asking for a solution. I truly admire crypto community because at least we have a say init as it is completely decentralized. So, no single person or group of people can control it entirely.
Effects on the Market?
With this hard fork being cancelled, we can see alt coins jumping up. There are many alt coins like: NEO, LTC, VTC and many more has shown us 20%+ hike in previous hours.
I think this is the time when people are no longer interested hold their funds into bitcoin as now they know there won't be any new coins coming up because of the hard fork being down for now.
But as we know Crypto market is completely bullish and we cannot predict the exact scenario. Just to be clear i am no ways a professional investor. I just like to do my own research and share thoughts with everyone to get and spread more knowledge. Please do your own research before investing.
Please let me know what you guys think of this hard fork being cancelled in the comment section below.
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at least we have a say init as it is completely decentralized.
Great Post @bunnychum
Segwit2x most likely postponed than canceled.It is possible to hardfork happens if the bitcoin community will find a compromise. Because there will always be groups unhappy with the present state of things. The main thing is that whether best hardfork small group of large holders of bitcoin controlling 51% of the bitcoin network and want to control everything 100%. Let's wait and see.
BTC is a winner no matter what forks happen or what any other altcoins do.
BTC was first and now it's the most popular and profitable crypto currency
Nice beutiful picuter picuter and info shearing thank you pelese halp myvote
@shahzadhaneef Thank you 😊
follow me bro
excellent analysis people are going to change bitcoin for alt coins.
@miguelalonso1 thank you for appreciation, i believe bitcoin has already hiked a lot from past weeks, now is the time for altcoins to boom !!!
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may be this interests you
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thank you for your time