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/biz/ - Business & Finance

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4198661 No.4198661 [Reply] [Original]

My plan for the upcoming fork
>wait after fork
>split my coins
>move btc and b2x into exchange and sell
>wait as normies and retards get replay attacked and lose money
>see bitcoin dip
>buy back in at the bottom

What do you guys think?

>> No.4198680
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4198680

>>4198661
>waiting until after the fork

>> No.4198686
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4198686

>>4198661
>not selling before the fork

>> No.4198691

>>4198661
Wow, OP, flawless plan. Prepare to be rich.

>> No.4198699

Or just join a pumping channel?
This one currently has 1k users, just don't invite any normies on it.
https://discord.gg/Yh96D8v

>> No.4198705

Does anybody on /biz/ understand how a replay attack works?
I'm beginning to think they don't.

>> No.4198708

>>4198661
>split my coins
>move btc and b2x into exchange and sell

Can't do that, no replay protection. Try to move your BTC and odds are it'll end up in the 2x chain.

Also, very unclear the survival horizon for 1x. It could be dead within hours or days. If hashrate falls as projected it'll basically be nonfunctional- a block every few hours if that. You could try and send your 1x coins and they might never make it without some insane fee. Or they could be worthless by the time they do flip


Better
>move coins into exchange supporting both tokens NOW
>wait for fork
>do whatever the fuck you want

>> No.4198717

>>4198708
do you know if bittrex supports both BTC and 2x ?
i couldnt find any

>> No.4198779 [DELETED] 
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4198779

>>4198661
What is the crash happens BEFORE the fork?

>> No.4198794
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4198794

>>4198661
What if the crash happens BEFORE the fork?

>> No.4198807

Don't try to sell immediately after the fork, wait about 12 hours. Post fork the coins plummet, then rebound massive. They will rebound the same time the btc price does and alts level out.

>> No.4198832

>>4198717
Yeah I dunno. Dunno about Poloniex either. I need to move like 5 milli USD off of Poloniex and the system currently lets me move only $25k/day. I'll be talking to them tomorrow to either get clarification or to get my limits enhanced.

>> No.4198850

Planning to sell my BTC before fork and buy back non b2x when they *hopefully* start to dip.

>> No.4198879

>>4198832
i guess ill just buy some cheap alts then
fuck this whole fork shitfest i hope s2x gets fucking destroyed

>> No.4198904

>move btc and b2x into exchange and sell
That's where your glorious plan will fail. If you want to sell immediately after the fork, then park your btc on an exchange that will support both coins and grants you the forked coins.

>> No.4198912

>>4198832
Lmao 5 mil huh? So casual. larping faggot.

>> No.4198915

>>4198904
do you know which exchanges have confirmed to hand out both coins ?

>> No.4198923

>>4198915
gdax does it afaik

>> No.4198925

>>4198879
Nah man, if 2x succeeds, Bitcoin moons.

Hard forks really aren't supposed to create second tokens, generally. Look at Ethereum and Monero.

>> No.4198935

>>4198923
Yeah, I think gemini too.

>> No.4198939

>>4198794
>what if everyone sells BEFORE free coins

>> No.4198951

>>4198935
>>4198923
>>4198915
basically every exchange supports it you retarded monkeys
just dont go to yobit with all your money like a retard

>> No.4198959

Why not just short BTC on Bitmex?

>> No.4198962

>>4198705
I'm just gonna keep sending my btc between 2 wallets untill they split

>> No.4198964

yeah looks like gdax will support both ill just park my stuff there and wait it out then

>> No.4199051

>>4198923
if i register now, will i get my account verified/approved by the time fork happens?

>> No.4199098

>>4199051
I have no idea. Probably? I believe coinbase/gdax verification is pretty fast.

>> No.4199141

>>4199051
Yeah you will.

>> No.4199159

>>4198661
Where do you store your coins that you are sure you'll be able to split them? Ledger still hasn't given me my BTG. Otherwsie nice plan gonna copy you anon