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RE: Another Bitcoin Fork? - Segregated Witness 2x
Although the article does help shed some light on the fork, I'm still a little lost. I'm sure I'm not the only one. I'm sure the email is an indicator that coinbase will acknowledge the fork, but the question still resounds in my mind. Regarding what will happen with the value of our wallets. She eludes to the question in my mind, but the answer doesn't come out as clearly as I might like.
I'm thinking we basically get a two-fer of sorts, we will still have whatever Bitcoin we already had but we will also have an equal amount of the "new" currency which I assume will need to gain followers and traction just as any crypto, this is just my guess. Fortunately for us Coinbase is one of the "cryptobrokers" than will acknowledge it whether the rest of the world does the same is the big question.
One can only hope on a few things. This may cause a down trend on the regular btc, to allow for better prices for more investment. And as you've stated, the recognition of the new block chain will bring a greater surplus.