Sentences with phrase «segwit2x coins traded»
On Bitfinex, one of the exchanges that offered such trading tools, the Segwit2x coins traded at about one - tenth the value of bitcoin, leading some to take that as a sign that traders lacked confidence in its eventual approval.
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Add on top of that, the news that Bitfinex ran some testing on their platform with a «hypothetical» Segwit2x coin to determine possible trading values and it tested out to just around $ 1,000, almost double the price of Bitcoin cash and 6 times the price of Bitcoin Gold.
According to Back, the price of the Segwit2x coins - trading at about 14 percent of the price of bitcoin currently - is a sign of just how successful the cryptocurrency will be.
Future versions of bitcoin (should bitcoin remain whole after the fork) and a new Segwit2x bitcoin (should the hard fork create a new coin) are trading on a handful of exchanges.
The next 10 days could see some of the capital flowing back into altcoins as people start slowly accumulating before the fork but for the most part alt - coins are expected to see major recovery only after the fork after people have acquired the free Segwit2x coins which is currently trading as futures on Bitfinex at 2X / BTC = 0.17; 1X / BTC = 0.83 of the value of Bitcoin.
And, when asked by Bitcoin Magazine, The Rock Trading CTO Davide «Paci Barbarossa» Barbieri said the exchange will list the coins on the SegWit2x chain as «B2X» — if the exchange lists that coin at all.
Ahead of the Segwit2x hard fork, Bitfinex allowed their users to trade in a bitcoin for two futures tokens — one «BT1» representing legacy bitcoin and one «BT2» representing the new coin that could be created if the Segwit2x hard fork caused a split.