Post
Topic
Board Trading Discussion
Re: Cancellation of Segwit2x and it's effect on BTC value
by
PokerFace3
on 14/11/2017, 18:37:35 UTC
So i just read that the controversial segwit2x upgrade was just cancelled.
Reference link: https://www.coindesk.com/2x-called-off-bitcoin-hard-fork-suspended-lack-consensus/

I'm curious to hear what people here think of this and it's effect on bitcoin price.
Is it time to go back to altcoins maybe? Or will this solidfy bitcoin position?
There would be a little bit of correction now that the coast is very clear and then after that the value will keep rising and the same cycle over again. The pumps are already getting pumped and that is really not affecting the value of BTC much as we still have it around $6600 - $6300 right now, but I guess time will tell at the long run if we will hit below the present support or if we will start seeing another ATH.