Segwit Misconceptions

in #bitcoin7 years ago


 Segwit Misconception:



1. My btc will disappear so need to keep them in cold wallets.
No btc will not disappear, they will remain in the exchange, the most popular coin will be known as btc rest will be alt coins.


2. Chain will split in 2.
Yes and No, basically to the time the alt is created there will be 1 chain with same data after that we will see 2 different chains with their own transnational data one will be btc and the other will be an alt coin


3. What will happen to the price of btc?
While no one can predict the future, see an example of eth and etc. 

Sort:  

Segwit is a welcomed and long overdue upgrade to Bitcoin, no need to worry ;) Price will rise again after Segwit is successfully activated.

Great info on Bitcoin. It's a relief to some of us.. Thanks

But plz tell me more about alt coin..

Congratulations @affankhan! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got your First payout

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.25
TRX 0.20
JST 0.038
BTC 94908.01
ETH 3553.53
USDT 1.00
SBD 3.80