Bitcoin Forum

The BTC hardfork is coming and it has been an issue with the bigwigs.  So can't wait to see what's gonna happen...  Shit could hit the fan.

http://trilema.com/2015/if-you-go-on-a-bitcoin-fork-irrespective-which-scammer-proposes-it-you-will-lose-your-bitcoins/

Also, FINCEN def will go after IPO/ICO/Presaled coins.  And to think Ripple was already trying to be compliant, FINCEN would have a field day going after the others.

So the safe haven coin could be... *drumroll* Litecoin... I think.  Opinions please.

Imho this is only a problem for US citiziens ( for now atleast ).
Nevertheless regulations will come cant stop it.

Litecoin and Dogecoin have similar blocksize limit issues as Bitcoin. They are definitely not a safe haven from the Bitcoin hard fork issue. In fact the Bitcoin clones did not deal with this issue even though it has been an issue with Bitcoin for well over two years. The one group of coins that do not have the hard blocksize limit issue is the Cryptonote coins which is what attracted me to Monero in the first place.

Bitcoin hardfork + Fincen going after IPO/ICO/Presaled coins makes Monero very attractive.

Edit: It is important to recognize that FinCEN is not going after the coins themselves but rather after those who received the proceeds of the IPO/ICO pre-mine etc. To the degree that these individuals and organizations have an impact on the future of the coin will determine the impact of FinCEN's actions on the coin itself.

Most of the IPO coins have anonymous devs who often disappear not long after the IPO is over. Nobody knows who the Nxt IPO dev was, so FinCEN would have problems going after him. No doubt their lawyers will be closely examining the legal framework behind the Ethereum IPO though because it dev is not anonymous.

Fixed.

Even this ain't gonna help LTC.

http://www.lovingjustwise.com/LifeSupport.jpg

Lol. With that kind of volume it's far from dead.

Litecoin's volume is likely faked.

Make 2 accounts on Okcoin, make a trading bot, and trade amongst yourself 1,000 times that day.

Okcoin has no trading fee, which means making 10, 20, 50, 100+ accounts and just trading coins back and forth is possible, and that means the volume is faked.

what would be the point in that?

funnily enough though litecoin trading vol is understated because of larger trades done off exchange.

personally less then 10% of my tradings done on exchanges, i only normally use exchanges for dumping crapcoins.

Lying does you no justice. Can you show evidence that most of your trading is done off exchange?

Also, the point of it is to make the false illusion of activity within Litecoin. After all, there are tons of Litecoin ASIC owners mining trying to make a return on their investment, and Litecoin's constant falling price isn't working too well, so it's more than reasonable to believe them faking the volume in an attempt to get buyers when they sell their Litecoins on the exchanges. The main reason for this being, is that Litecoin's biggest exchange, OKcoin, has no fees for trading. Take away OKcoin from the picture, and Litecoin's trading volume will be Substantially lower(50% lower).

lite coin is a dieing beast. No new innovation and for the most part it plays on its fame that is wearing away.

And getting LTC for those crapcoins. It's a pretty amusing place you've put yourself. :)

First thing you must do is getting the facts straight.
OkCoin Inter. (USD) (https://www.okcoin.com/about/fees.do) Has fees and volume is included (24h volume LTC: Ł340,748)
OkCoin China (CNY) (https://www.okcoin.cn/about/fees.do) Has no fees and volume not included (24h volume LTC: Ł909,120)

If coinmarketcap would add all exchanges with no trading fee volume would be magnitudes higher than what you see.

First thing you must do is stop assuming that I'm talking about coinmarketcap

If you look at coingecko which I was what I use, the LTC/CNY is included. So yes, the trading volume is faked.

Volume is still not bad in CoinGecko.

True, i was looking on cmc not at the modern coingecko.
The crazy thing is they do not include LTC/USD which had a half a million 24h volume nor other major exchanges like livecoin.net
Exactly the same applys for bitcoin too
and 'inhouse' exchanges (XRP/JPY) are even worse.
 You can spent forever discussing volume or marketcap

Fee or no Fee if liquidity is there you can buy or sell larger amounts without slippage.
btw dogecoin going crazy

seriously thats like the dumbest reply ever  ??? you're really not from around here are you?

you know this is p2p currency and the whole point is being able to trade p2p without a middle man.

plenty of tradings done p2p, you ever been to a local crypto meetup? you know plenty of countries with large crypto holders have no proper access to exchanges (including the country i reside in).

also alot of the largest miners deal directly with the largest traders, you do know about dark pools.

 ??? ::) ???

Exactly, and you going off exchange to trade is establishing trust and requiring a middleman(escrow), so you admitted that you're lying..? Stop the logical fallacies and bullshit, show me proof that you and many others trade off exchange, until then I'd have to classify you as a lier.

You also know that you're not making any sense...You can make an account on BTC-E, Poloniex, Cryptsy, etc, and just trade without having to verify your identity, so this "no proper access to exchanges" is bullshit.

if your going to react and treat someone as disrespectful, without even knowing your shit, as you are to me then you're not even worth replying too. ffs you sound like a 10 year old with your liar liar pants of fire dribble... ::)

K, I can now safely confirm that you have been lying since you have not posted any information to verify your "off exchange trading" claim(Which makes no sense as I've shown above), and from now henceforth, you are on ignore. I don't particularly like engaging in "conversation" with those who make up stories.

The true centralized nature of bitcoin is finally being revealed. Hopefully, love can be found in truth, after all ... love is truth.

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