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RE: Bitcoin $17,000 Target Update & SegWit2x Returns

in #bitcoin7 years ago (edited)

It'd be easy to say this hard fork is bizarre and lacking a lot of clarity but the same can be said when BCH was forking in my opinion.
I'm going to try and go for a bizarre option of buying in and out on gdax for the snapshot in the knowledge that Coinbase will hodl my B2X and will release my funds if it becomes worth something. I don't think any Coinbase users can complain about getting BCH 3 months later when they finally released funds up at $3k.
After the BTG fork where BTC lost 10% of it's value prior to the snapshot I'm not going to be buying in to transfer to a desktop/hardware wallet paying upto $100 for two transfers, as well as potential losses from fork fears for a currency that might be worth nothing.
Overall I'm still waiting for BTC to close above the current resistance level before buying back in to stay in. Buying in for B2X is not only a risky move, it's also not necessary.
You'd be better off buying into futures if you're that eager.

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