SegWit2x still possible?

BitPico mining pool is going to implement SegWit2x hardfork; let's figure out, can they really realize their plans
10 November   703

The little known bitPico Mining Pool stated that, contrary to the statement on the refusal of the SegWit2X hardfork, it is intended to implement it. Also bitPico states that it controls about 30% of the bitcoin network hashrate.

We are carrying out the fork regardless as everything is set in motion. Backing down the difficulty right now is a strategy. Wonder why 30% network hash-rate disappeared? It’s ours; the miners that will continue what is set in motion... A handful of humans cannot stop what they have no control over...
 

BitPico statement

From the bitPico statement it follows that the pool is allegedly responsible for reducing the hashrate of the bitcoin network by doing it intentionally in order to reduce the complexity of the mining and simplify the block generation.

Bitcoin Hashrate and Difficulty
Bitcoin Hashrate and Difficulty

At the moment it is not clear who exactly stands behind the bitPico and whether this pool actually exists. So, a number of people on the web notes that a simple search on Google shows that even before September nothing was known about the pool with this name.

Also, there is no evidence that the pool actually controls 30% of the network hash. The last post in Twitter BitPico is dated October 27th.

We can not exclude the possibility that SegWit2x futures traders may be behind the bitPico, concerned about the high probability of losing funds as a result of the futures price drop. Since yesterday's announcement of the refusal to implement hardfork, their price has fallen by more than 70% and at the time of publication is $ 287.

SegWit2x futures price chart
SegWit2x futures price chart

Even assuming that the bitPico statements are true, and SegWit2X will be conducted, controling a 30% of Bitcoin hashrate does not give a chance that the new chain will be able to be bitcoin.

It should be noted that while a significant part of the community welcomed the decision to abandon SegWit2X, a number of industry representatives, such as Coinbase, said they continue to monitor the situation.

Bitcoin community expressed skepticism about this situation.

Largest Nordic Bank Bans Employees' Bitcoin Trade

Employees who currently own cryptocurrencies will not be forced to sell them, but they will not be allowed to buy more
23 January   177

Nordea, the Nordic region’s biggest bank, said Monday it will ban its roughly 31,000 employees from trading cryptocurrencies as of February 28 due to the unregulated nature of the market and high risks. This is reported by Reuters.

The reason why employees are prohibited from investing in cryptocurrencies is that the risks are considered too high and the protection for both employees and the bank is insufficient.

 

Nordea said in a statement

The bank added that unlike trading of securities and currencies, trade of cryptocurrencies is not regulated by any authority, and as such investors who buy cryptocurrencies have no protection against illegal business practices and money laundering.

Employees who currently own cryptocurrencies will not be forced to sell them, but they will not be allowed to buy more, bank said.

In early December, we have reported that Merrill Lynch bank banned its customers and consultants who carry out transactions on their behalf to buy bitcoin through the Grayscale Investment Trust.