The news was written in an email by Mike Belhelvie. The CEO and co-founder of bitcoin wallet software provider BitGo one of the leaders of segwitx2
One of the leaders of the Segwit2x
"Unfortunately, it is clear that we have not built sufficient consensus for a clean block size upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of Segwit2x."
"Until then, we are suspending our plans for the upcoming 2MB upgrade," he added "
Apparently the news well welcomed by the crypto community
Bitcoin rallies to $7700 I have predicted a couple of days back that Bitcoin might reach $8000 by the end of the week
However I made many wrong predictions
It might rise now and go down tomorrow
A clear message that we don't know what to expect from Cryptocurrencies
Great! There is growing consensus among traditional bankers lobbying for regulation in an attempt to ither terminate, greatly hamper, or take over Bitcoin and all cryptocurrencies. This adversarial relationship is the main reason for the Bitcoin community to remain united at this time. Remember the old adage "Divide and Conquer"!
Continued growth, security measures, and future uses should be the primary activities at this time.
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Oh wow
I am sure there are many that doesn't like Cryptocurrencies
I hope no panic sales will take place in case of a bad news
Thank you very much for your comment
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