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RE: Crypto Tips News: Segwit2X Cancelled & Ethereum's Parity Blunder

in #bitcoin7 years ago

@heiditravels Experts think bitcoin's crash and bitcoin cash's rise are related to the same thing Segwit2X. Segwit2X was designed to increase the size of the blocks underpinning the bitcoin blockchain network to enable it to process more transactions more quickly.When you look at the trends, it does look like many Segwit2X supporters have switched to bitcoin cash. BCH’s trading volume also recently surpassed that of BTC.

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Most of the trading volume is from korea

Maybe, but it also might be short term excitement. Time always tells.

Any how BTC is the grandfather of crypto currency..he know how to play the game.. Let see @heiditravels

This is one thing I am confused about. Was Segwit2X a Fork for a coin with a new name Similar to BitcoinCash or was it a scheduled BTC upgrade. If It was a scheduled BTC upgrade then I am not sure why people are calling it a Fork ??