[Bitcoin Fork] Companies and Exchanges that will support Segwit2X

in bitcoin •  last year

I was looking to find out if my local exchange, Luno.com, will support Segwit2X fork and new coins and found this list:

• 1Hash (China)
• Abra (United States)
• ANX (Hong Kong)
• Bitangel.com /Chandler Guo (China)
• BitClub Network (Hong Kong)
• Bitcoin.com (St. Kitts & Nevis)
• Bitex (Argentina)
• bitFlyer (Japan)
• Bitfury (United States)
• Bitmain (China)
• BitPay (United States)
• BitPesa (Kenya)
• BitOasis (United Arab Emirates)
• Bitso (Mexico)
• Bixin.com (China)
• Blockchain (UK)
• Bloq (United States)
• BTC.com (China)
• BTCC (China)
• BTC.TOP (China)
• BTER.com (China)
• Circle (United States)
• Civic (United States)
• Coinbase (United States)
• Coins.ph (Phillipines)
• CryptoFacilities (UK)
• Decentral (Canada)
• Digital Currency Group (United States)
• Filament (United States)
• Genesis Global Trading (United States)
• Genesis Mining (Hong Kong)
• GoCoin (Isle of Man)
• Grayscale Investments (United States)
• Jaxx (Canada)
• Korbit (South Korea)
• Luno (Singapore)
• MONI (Finland)
• Netki (United States)
• OB1 (United States)
• Purse (United States)
• Ripio (Argentina)
• Safello (Sweden)
• SFOX (United States)
• ShapeShift (Switzerland)
• SurBTC (Chile)
• Unocoin (India)
• Veem (United States)
• ViaBTC (China)
• Xapo (United States)
• Yours (United States)

Source:
https://bitcoin.org/en/posts/denounce-segwit2x

And here is a statement by Luno.com made on 5 October:

https://www.luno.com/blog/en/post/luno-bitcoin-forks

So what are you going to do? Pile up with Bitcoin before the fork to get free money too?

Please comment below with your thoughts. I upvote all comments.

Please give us an Upvote if you think this info was helpful. It will help my online business a lot and I hope to return the favour in the near future.

Thank you. :)

PS. Hot tip 1, Remember don't upvote this post if older than 7 days, you are wasting your voting power!
PPS. Hot tip 2, when buying upvotes, do it in the first 3 to 15 min of posting. You get 90% to 100% of curation rewards.
PPS. Hot Tip 3, I upvote all comments below.

Thank you for your support.

Regards

Colin Brazendale

Email: cwb197@gmail.com
Facebook: https://www.facebook.com/colinbrazendalesinternet/
Youtube: https://www.youtube.com/user/czb1972/

More information about me:

I am a successful bitcoin cloud miner and affiliate of Genesis Mining. I have been mining for the last 16 months. I am in profit and doubled my bitcoin in this time. So I highly recommend Genesis Mining to earn bitcoin and make money online.

Genesis Mining is the only true 100% passive income opportunity online and offline. Let me help you get started.

Join Genesis Mining here: https://www.genesis-mining.com
Here is the promo code to get 3% discount: QqNvn3

How to get started with bitcoin cloud mining: http://www.miningbitcoin.co.za

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

"Free money", I'm not so sure about it. For any token to have value, there needs to be buyers. If those buyers are buying the new token spending old tokens, the two new tokens will in sum be worth exactly the same as the old one. For the "free money"-effect to take place, new fiat money needs to be poured into the market.

With Bitcoin Cash, I think there was new optimism at both sides of the schism. The Big-Blockers finally got their own token "following the spirit of Satoshi", they could transact between themselves with low fees just like in the old days. The Small-Blockers was happy that SegWit got launched, and also hoped that the Bitcoin Cash project would keep the "big-block-trolls" busy, easing tensions and conflicts.

In general, any split is bad. The major selling point of Bitcoin, as compared to any altcoin, is the network effect. I believe every Bitcoin Cash-supporter also can accept or send bitcoins. Hence the network effect of Bitcoin was not that much lowered with the introduction of Bitcoin Cash.

With Bitcoin Core vs SegWit, that's an entirely different beast - if there will be a lasting split, we may end up with a community split, with parts of the Bitcoin community totally ignoring the SegWit2X-chain, while many businesses and ordinary folks may be unaware of the Bitcoin Core chain. In the very worst case those two chains will have the same amount of users. In reality, I believe one chain will become dominant with the other one either being completely dead, or almost worthless and only used by enthusiasts.

I like to compare Bitcoin with IRC. IRC was the protocol for internet chat back in the 90s. Virtually everyone on the Internet that was doing chatting would be connected to the same IRC-network. Then, due to disagreements and arguments around some obscure protocol details, the community was split into two. The split pretty much followed geographic borders; as with the Bitcoin schism what matters probably wasn't the technical arguments as such, but whom to trust (and what other nodes one would already be peering with).

·

Great comment @tobixen and valid reasoning. It is a pity so see all these forks. I guess with time all will be revealed.

Sounds like a good idea, why not? :-)

Qurator
Your Quality Content Curator
This post has been upvoted and given the stamp of authenticity by @qurator. To join the quality content creators and receive daily upvotes click here for more info.

You have collected your daily Power Up! This post received an upvote worth of 1.81$.
Learn how to Power Up Smart here!