In last week, the value of one bitcoin shot above $10,000. It has been a remarkable run for a currency that was only worth about $12 five years ago.
The run has been particularly remarkable because it’s still not clear what Bitcoin is useful for. During its early years, the cryptocurrency garnered a lot of optimistic talk about how it would disrupt conventional payment networks like MasterCard or Western Union. But almost nine years after Bitcoin was created, there’s little sign of it becoming a mainstream technology. Few people own any bitcoins at all. Even fewer use it as a daily payment technology.
Yet that hasn’t prevented the cryptocurrency’s value from zooming upward. One factor driving Bitcoin’s growth has been the emergence of a broader cryptocurrency ecosystem. Bitcoin serves as the reserve currency for the cryptocurrency economy in much the same way that the dollar serves as the main anchor currency for international trade.
And the only cons that bitcoin has nowadays are the high transaction fees and the slow speed of the transactions and here’s why the enthusiasts Bitcoin Segwit2x community have diceided the help the future of cryptocurrencies which I’m going to explain why Bitcoin 2X is going to make a huge impact to the cryptocurrencies.
What is Bitcoin Segwit2x ( B2X ) ?
The now infamous Bitcoin SegWit2x for got cancelled and a reattempt by a minority of the miners failed due to a coding error. Now, a group of enthusiasts are going to try again around block #505,000 scheduled to occur on January 28, 2017. Tokes are available on EhterDelta and their Twitter can be found here: https://twitter.com/Btcsegwit2x
Official Website : http://b2x.technology
Bitcoin Segwit2x is a proposed change which is intended to improve the speed and cheaper cost of Bitcoin transactions. B2X token is created to promote community awareness, gather more supporters and fundraise for the project.
As we all know that Bitcoin is the very best cryptocurrency right now in the earth but it is struggling serious trouble as a forex, the transaction pace is absurd slow and …
What is a Bitcoin fork?
There has been significant news coverage and developments in recent weeks about changes to digital currency networks. These are sometimes called “forks”.
What is a “fork”?
A “fork” is a change to the software of the digital currency that creates two separate versions of the blockchain with a shared history.
Forks can be temporary, lasting for a few minutes, or can be a permanent split in the network creating two separate versions of the blockchain. When this happens, two different digital currencies are also created.
More about Bitcoin Segwit2x (B2X)
Bitcoin Segwit 2x (B2X) occurs in blocks of 505000 blockchain bitcoin core blocks
Expected 02/2018 Fork Happened on Block 505,000
Total Supply: 21,000,000 B2X
Current Price: $21.8 Etherdelta : https://etherdelta.com/#B2X-ETH
Yobit : Listing soon..
Planned to be listing in larger exchanges platforms like ( Hitbtc,Cryptopia, Coinexchange, Bittrex , Poloniex , Bitfinex ).
Why Bitcoin Segwit2x ( B2X )
B2X is a new coin and a new opportunity for us to hold cause we cant tell what the future brings…Another thing with bitcoin aside from high fees, also have flaws when in comes from transaction .. So this B2X developer and the whole team hoping to solve problems by means of forking.. So I will keep holding them and I highly recommend you to get some B2X tokens from now.
For your Success.