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BITCOIN GOLD...... Hard Fork Suspension made CEOs Relieved, Yet its set to Happen!




Many in the Bitcoin community who doubted the cancellation of BTG SegWit2x hard fork may have been proved right with the turn of events.  The BTG developers posted a statement announcing November 12 for the release of the  software for people to download, indicating they are still on course.

Meanwhile, some Bitcoin businesses were publicly stating their relief that SegWit2x is no more, while community comments lend weight to a resurgence conspiracy.

As New York Agreement (NYA) heads confirmed SegWit2x was canceled, CEOs opposed to the hard fork hailed the start of a more constructive period for Bitcoin.

“When 2x was called off, it became immediately clear there’s greater consensus for a single Bitcoin Blockchain, and therefore there is greater value retained in the bitcoin ecosystem,” Steemit CEO Ned Scott said in emailed comments.

“The case was made by the immediate price increase when 2x was called off.”

SegWit2x futures prices dropped over 80 percent following the announcement, trading at around $200 despite being unlikely to ever exist as ‘real’ tokens.

“Indefinitely postponing the fork is a healthy move for crypto assets,” Guy Zyskind, CEO of crypto investment platform Enigma continued.

“The ability of the Bitcoin community to self-correct and avoid a contentious fork inspires confidence and shows how the ecosystem is entering a more mature phase.”

The optimism has been almost unanimous across the cryptocurrency industry, with only Roger Ver and unknown detractor BitPico coming out firmly against the Core chain’s continued domination.

Meanwhile, BitPico’s resolution to enact SegWit2x anyway has achieved a fair amount of trust from community commentators.

Respondents to the piece on SegWit2x cancellation repeatedly noted the hard fork was still due to occur, placing doubt in the authenticity of the NYA signees’ resolution to abort.


FIRE:  Truely, the hard fork is still due to occur.

For me, I think the price gap between Bitcoin and other currencies has created the need for a second and even third bitcoin variety that will compete with bitcoin.

If you stop BTG, will you be able to stop bitcoin Silver, Bronze or pearl as the case may be.  The monopoly of bitcoin will henceforth be contested with innovative and probably superior protocols. Whatever made Bitcoin 'thick' can be recreated and I believe developers will keep working on breaking the dominance till they have a break.

FIRE...
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