A new fork is going to happen to Bitcoin soon and once again brings lots of doubts and fear into the market. they say that Segwit2x is going to be faster due to larger block size and lots of big mining companies support that. they had a meeting in NY and decided to support the new fork with their hashing power and expect us to support that too!
First of all bitcoin supposed to be the people’s money and not run by any companies or government and if they want to change something fundamental in it they should ask all bitcoin users to vote for it.
I’m a musician so let me give you an example in musical world, Imagine a records company tells you they have decided to call a new vocalist Elvis2x because he has the same voice and with today's sound technology they can produce his songs in stereo 24Bit/48Khz when the original Elvis Presley’s songs have weaker sound quality. Will you stop listening to the original Elvis because of that? definitely not!
Right now we have about 16,000,000 BTC in the world and they predict 1000$ for segwit2x so just in one night they add 16,000,000,00$ to the market easily! Its obviously a bubble created by greed. what happens if they decide to create 6 forks for bitcoin every year! what happens to great altcoins if there is no room to grow?!
They say Segwit2x solves some technical difficulties on bitcoin blockchain. OK if you really want to solve problems in cryptocurrency world you should create a new coin from zero and not just forking the most valuable coin in the market and make money out of thin air. from the other hand there are other coins like Groestle coin (GRS) and Vert coin (VTC) already solved those problems you mentioned since 2014 and they are doing great specially the Grostle coin which is decently developed and recently people show lots of interest in it due to its Asic resistant easy mining and very fast transactions with near to zero fees!
Just like lots of other people I don’t support any fork on bitcoin and I think the best way to resist is to sell all of our segwit2x coins the minute we recieve them and dump it hard so the big mining companies can see the power is in hand of people and not a bunch of expensive equipment and a few greedy people.