Quote from: cellard on October 29, 2017, 03:53:05 PM

Quote from: jjacob on October 28, 2017, 07:43:23 AM

Quote from: European Central Bank on October 28, 2017, 12:43:00 AM

A huge leap. Is this 'organic' or is it somehow part of the 2x plan to kill off the old chain with a fatally elongated readjustment period?

What do you think?

I don't think it could be part of the Segwit 2x plan. This would increase confirmation times and time to find new blocks, but it wouldn't kill the old chain. As others have said - I think it is market related. New mining capacity coming in and miners moving from BCH.

The segwit2x plan consists on a teamed up Coinbase+miners bribed mining at a loss during 48 hours in order for Coinbase to list, and stick to, the BTC tag for the segwit2x chain. In other words, they will list B2X as BTC which will be really confusing for noobs. Their excuse will be that the highest difficulty was on their side for these 48 hours that their arbitrarily choose as a threshold. This is of course because of the ongoing bribes.

We'll see how this resolves, but I can see serious class actions and subpoenas coming for Coinbase.

You just can't trust exchanges, not a single one. Control your keys and interact with them as minimum as possible. Get your money in and out and avoid giving them your personal information, they are crooks.

I do not think the Coinbase will rename the Bitcoin based on the 48 hour result. It should be at least two weeks to let the market decide.