B2X Fork Happening Soon
We are just a few hundred blocks away from the 2X split happening on December 28th (block 501451). B2X futures have soared to $1,100 USD, making this split priced more significant than Bitcoin Gold.
What I have not heard is whether any exchanges besides some Asian ones are supporting the B2X split. Bittrex has not released any guidance at all since the re-announcement of B2X revived, which causes me to believe they intend to stick to their prior statement of not supporting it. Like coinbase saying they would not support the bitcoin cash split, to me this sounds like a similar situation where they may very well back-pedal their previous statements since Bitcoin holdings are now carrying an altcoin worth 7% of what bitcoin is worth. 7% of 264 billion dollars is 18 billion dollars of capital coming into the cryptocurrency market very soon. 18 billion in capital is worth more than many companies that trade on public stock exchanges.
Protect your B2X Coin
If you are holding Bitcoin on an exchange, you may want to take necessary steps to avoid losing out on the B2X split since there is no guarantee they will support this split.
Have you got any news from other exchanges about B2X? Post below and let us all know.
YoBit and HitBTC seem to be the two main exchanges supporting futures trading and then supporting the forked coin B2X.
I'm surprised Bittrex isn't supporting it.
Me too. I think they will in the end, since this is a different situation than the original B2X... but if they are supporting it, would be nice to know before it happens. I've heard nothing as of yet.
I have a question. What if you have BTC stored on a nano ledger s? Is there a way to get your due b2x? Thanks as always
If you can export the private key, it should work.
Thank you
Nanos support forks, you're golden
a very great post.
but I would like to ask, what do you think about the decline in bitcoin prices this end. and how your prediction about bitcoin price in 2018, whether it is getting down or vice versa.
What is your opinion?
Check my last video: https://steemit.com/bitcoin/@crypto-investor/state-of-the-market-10-bitcoin-to-usd50-000-within-6-months
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upvoted
@crypto-investor
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upvoted // resteem
Excellent crypto-news post great information
I watched your YT about the move to the ledger. What will you do with your B2X when you get it?
I have all my BTC in Yobit exchange, and have thought of just turning the free money back into another crypto. Your thoughts sir?
I am curious about your strategy with these forks. I just exited all my BCH and BTG positions and plan to do much the same with this, what looks to be a worthless fork. You never really say how you have dealt with them or did I miss it? Just stumbled onto you on YT. I like your insight. There seems to be a few to many 20 somethings that think they are going to rule the world.
It's more than the exchanges that must adopt the fork for it to start being relevant. For adoption to take place, you need to have the option of transacting in the forked coin on the payment processors that retailers are using (coinbase, bitpay, ...)