I know a little about Bitcoin and I've heard a lot of rumors of how SegWit2x is going to ruin the value/reputation of the Bitcoin and the market/investing stuff, but what is its direct impact on my Bitcoin?
There are a lot of ways to see SegWit2x and how can it be bad or good.
Some reasons why the fork is bad:
- It is a hardfork, so there is a risk of a permanent fork.
- It is a blocksize increase, so less people will be able to store the whole blockchain.
- Core is not in favour of a blocksize increase.
- The 2x is pushed by miners, who were not supposed to be able to control the protocol.
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I figured I get free Bitcoin Gold in the Oct 25 but I have no idea what stuff I get from SegWit2x. Do I get double the amount of Bitcoin?
If you have X Bitcoins before the fork, after it happens you will also have the same amount in the other chain.
Example: If you have 1 Bitcoin, after the Bitcoin Gold fork you will have 1 BTC and 1 BTG. The same also happens with SegWit2X. If you have 1 BTC, you will also have 1 B2X in its chain;
