Quote from: Virtual miner on December 26, 2017, 08:02:53 PM

Quote from: jcamm on December 24, 2017, 12:03:25 AM

Hi folks, I was wondering if it is worth moving all my bitcoin from Gdax and Gemini into my Electrum wallet before the SegWit 2x fork on 12/28? I have read that this is the best way to get any new currency that will be added. I am just wondering how important this is since the network is already overwhelmed and the fees are high.

You are the very much correct in thinking this but no one can answer the question better than you because it depends upon the amount of funds you have. B2X futures are currently priced around $600 while btc is near about $15k. With the network so congested average fees goes upto 300 sats/ byte for a swift transaction of few hours. Now calculate that the number of segwit coins you are going to get can cover such a loss. If your answer is yes then move them. Moreover try moving them to Binance or hitbtc or any other coin supporting fork it will be much easier to trade B2X.

Wow so basically for every 1 bitcoin you own, its basically 600 dollars free then assuming price stays the same? That means with 2 bitcoin, thats over 1k for free...