[jamaicabound]

(10-31-2017 01:39 PM)JayJuanGee Wrote:  

Yes, each of these exchanges that you mention as listing BCG (Bitcoin Gold) are issuing fictional BCG upon the belief that BCG will become a real thing based on the terms that the BCG dev team has communicated, and include Bitfinex in that round up, too - that is of exchanges issuing fictional BCG....

I did not personally benefit from Bitfinex's issuance of BCG - because I withdrew all of my BTC from Bitfinex before the recognition fork, which was block 491407 on October 23.

Only exchanges seem to be able to get away with issuing fictional BCG, and some of them are just not going to do it.. and the hardware wallets are taking the same stance, as I posted above. They don't want to get into any kind of fictional issuance or BCG recognition situation that could either jeopardize the security of their platform or jeopardize their user's confidence in their platform.

Thanks for posting that, it's funny I never really thought into where this BTG was comming from, so the exchanges technically don't even have it they are basically fronting those buying and selling, that's interesting but makes sense. I know this idea is kind of controversial since most people are very against keeping money on exchanges but for Bitcoin Cash and even Gold looks like those who did faired better than the rest of us. I may empty out my Trezor onto a couple exchanges leading into segwit just to keep my options open and potentially be able to be an early seller.

(10-31-2017 11:28 AM)jamaicabound Wrote:  

You may want to consider taking less than a 100% stance on this situation, unless you really have something approaching that level of confidence.

As we already know, sometimes bitcoin gets pumped at unexpected times in order to shake weak hands, and there remains a non-trivial possibility that this segwit2x situation could be one of those times.

(10-31-2017 11:28 AM)jamaicabound Wrote:  

Are you suggesting that price may actually fall after segwit? That's interesting I hadn't thought about it that way but makes sense. I guess either the uncertainty ends and we go up in value or maybe were sitting high now and we pull back to 5k or so.

You seem to be talking about a scenario that is possible, but is likely below 5% of actually having some kind of switch like what you are suggesting to be possible.

I get kind of confused by these forks. I don't really understand the politics behind them. With the first fork I was under the impression it was a Jihan BitcoinABC or Unlimited going up against Bitcoin Core and maybe my understanding of it is wrong but seemed like Bitcoin Cash totally came out of left field.

With this current thing I hear people talk about a corporate takeover of Bitcoin, I'm assuming that's Segwit and not core? When you read reddit and stuff you hear segwit is 95% supported then the next day someone is saying its only 5% supported. That stuff is way over my head but I'm concerned enough about this one with the little I know that to me on the offchance there is a flippening I'd rather hold both and see what happens than try to make a few bucks and potentially sell off the coin that doesn't maintain the highest value.

So is your thinking this Segwit2X will be a flop? Do you think it will die or do you think they will cave and employ replay protection to at least keep an altcoin alive