The BTC is now hard-forked from August 1 (now in split result) to now.
BTC applied only BCH and SEGWIT which extended block size without applying SEGWIT.
There is a BTG that is said to be equipped with ASIC booster resistance, and the name value fight for BTC is continuing ahead of 2X block size up.
Currently, terms and conditions are different for each exchange and wallet service.
Bitcoin, the name value, is a struggle for aid based on Satoshi 's white paper, so I will take a brief look at the scenarios that will happen in the future as it will actually take the lead in the market.
So.
Scenario 1. 2X hard fork does not happen.
If the hard fork does not happen, the following (as it is) situation will happen, and if the controversy over the block size up is over, the BTC and BCH prices will rise together.
2X developer Jeff Garzik is one of the scenarios that might happen because there is a bit of a question such as ico with metronome.
BTG seems to have yet to see the situation in an unpaid position.
Scenario 1-1. However, if the controversy over the block size up does not end here, the BCH will obtain the name of BTC.
If the controversy over the size of the block size is not over, such as BTC's high Transaction fee, the BTC's name may change if the price reversal occurs due to PUMP & DUMP in this market situation.
However, there is a possibility that the probability of jihan-wu (bitcoin is bitcoin, bitcoin case is bitcoin) and Roger Ver (bitcoin cash is bitcoin) is in conflict with each other.
Scenario 2. 2X hard fork occurs.
At present, 2X hard forks are very likely to occur.
I have already set the count for the fork block 494784 for the 2X hard fork (http://bashco.github.io/2x_Countdown/)
It is because various miners and investment companies are supporting 2x (there are many No2X supporters but hidden supporters in SNS).
However, there is a high possibility that the market for BTC will be confused with BT1 or BT2.
Scenario 2-1. If this is the case, the BCH will get BTC in the original controversy.
At the time of the hard fork, the miners may dig up the BCH without mining the unstable BT1 or BT2, and it may happen according to Roger Ver's bitcoin cash is bitcoin.
If there is a large amount of PUMP & DUMP, the price will be reversed, which is the most favored scenario by the BCH supporters and BIG BLOCKER supporters.
Scenario 2-2. After the 2X hard fork occurs, the existing BT1 takes over the BTC.
After the 2X hard fork, if the BTC continues to appreciate the higher price, like the current future token price, the miners will continue to mine BT1 and naturally BT1 may lead to BTC.
It is seen as a scenario that most investors are thinking right now.
In this case, BT2 and BCH will be compared. As a result of the controversy over SEGWIT, BCH supporters are likely to be preparing scenarios for this.
The difference between BCH and BT2 is that only the SEGWIT VS BLOCK SIZE is left, so if BT2 support is actually the same as BCH support, BT2 is less likely to survive.
It seems that miners will not feel the merit of mining BT2 and investors have no reason to choose BT2.
Scenario 2-3. BT2 takes over BTC after hard fork occurs.
If the chain is longer than BT1 due to the increase of BT2 mining after hard fork, the exchanges that have the policy according to it will mark BT2 as BTC and the market will fall into chaos [FUD].
The possibility of this scenario seems unlikely, but if it does occur, the conflict between BT1 and BTC will be very large and the controversy over the block size for BTC may begin again.
It is difficult to predict the most market price.
Scenario 3. BTG is replacing BTC when 2X hard forks occur and the market is confusing.
This scenario is the least likely scenario, but BTG has not been paid yet, and because it is the initial evaluation in the market, it is possible that it may happen with a low probability.
Since the hard fork time is still more than a week and there are many possibilities, I would like you to keep an eye on the policies of your exchanges and wallets, and be careful about the volatility before and after the hard fork.
- Thanks for reading. :)
Five days ago, the saga continues.
It is a pure distraction and somehow it is advantageous to a group.
BTC is growing.
Steem is declining.
It is very sad that steem is being declining.
scenario 1. . .
yeah Scenario 1. Maybe it was their big plan.
I wonder that to myself. They watch how the market react to the prices of BTC when they promise to do something and then do take that away. They are like USA or European's FED where they have big control of the way money is run. What I mean is the main players of BTC are basically writing the rules to control supply and demand of the coin just like how many governments are printing and deleting money in their country to control supply and demand. Funny I thought Satoshi did not see this coming :/ Not sure if it is a good thing or bad...
Now, I began to get confused about the coin close to Satoshi's vision.
It is very confusing.
But it is fun.
Its gonna get possibly messy ...
yeah,, its very FUD
it didn't :)
It did not happen. Perhaps a big plan?
Then the community has to respond bigger,
Yes. Responses and discussions should be in various communities.
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[steemit](https://steemit.com)Unlike short links this allows the reader to see where they are going by simply hovering over the link before they click on it.I just want the original bitcoin. Screw all these forks.
Thanks very good post !!!!
No2x!!!! OG BTC is the real coin!!!!
Awesome Work!
Keep it up!!!
@cryptoinvestinfo
your CryptoInvestmentExpert
yeap thanks, this is real coin.
True Bitcin is BTC!!!! ;o)
yeap , I was FUD. how about you?
I hope the market turmoil will soon pass.
segwit 2x got cancelled :)
yeehaw
that's nice
Very interesting, good post and I like, hopefully the next post better with a more perfect idea. follow me @pn09s, Upvote and give a positive comment for me.
https://steemit.com/education/@pojan/personality-is-very-necessary-to-know-and-learn-because-the-personality-is-closely-related-to-the-pattern-of-acceptance-of-the
thks, i voted
Oh jeez this all fork stuff is getting really complicated! I will follow each of your posts, you really help me understand what is going on. :)
it really is complicated
very complicated. Confusing.
thanks, Now the scenario has been decided. I will continue to write on the basis of various assumptions.
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All that Bitcoin zombies clones are killing my alt babies... UP ;)
Bitcoin clones...
which alt coin?
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thank you!
it would be good to get an updated version now with the cancellation of 2x
yeah i will soon
I'm very confused by the fork since I'm starting to enter the bitcoin world.
if the fork happens, where does my coins go? do I have to store them now on a local wallet?
I recommend a hardware wallet in this situation. It is very safe.
I'd like to see Bitcoin at the real price; no fork ........
yeah, it's very FUD
I love the detailed and thought put into this post. Very well done! Let's here it for Visio!?
I will write a better one. thanks
wow
thanks
Scenario 2 kinda seems right, just wait and see
It should be watched until 16th.
How big can Steemit actually get?
This is a question most of us have asked, i think it is safe to say that the majoriy of us see the potential Steemit has and therefore expect it to grow exponentially, i took a look at some numbers of social media sites like facebook and other social media platforms. The market is huge, im talking billions of users.
Facebook and Tumblr combined have a little over 2.5 Billion monthly users, most of us jumped right on Steemit from the moment we heard about it, why wouldn't you. I think that most people will, so in my opinion it's just a matter of time before alteast 5% of the users of Facebook and Tumblr will flock to Steemit.
If the 5% actually do cross over it will mean Steemit would have an extra 126 million users!
And in what kind of timeframe should we be thinking?
DQmf6zfhXK83BVGmuv4CbXmGqQHxWXsperZHKiqJMJCy94v_1680x8400.jpg
As you can see social media platforms grew super fast compared to tradional media, it think this will only get faster and faster. Everybody is more connected then ever , the devolpment of platforms and technology is at an alltime high so maybe Steemit wil grow even faster and bigger!
I certainly think its a good possibility and expect massive growth, what do you think? do you also think its going to pick up steem? let me know in the comments!
Upvote & Comments are much appreciated!