It would be better if F2Pool will join to BIP91.
Why? Don't all of us want to buy more cheap bitcoins?
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Should I be in or out of bitcoin on 01 Aug ?
Buy if there is panic sell. Sell if there is panic buy. Do nothing if there is no panic.
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They keep it between 79 and 81. Now they're just playin with us.
Yeah, feels like a fed interest rate decision. You've to wait till last minute and some insiders know it before all others.
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going up would be too predictable. I suspect one more big dump down.
Looks like a lot of people were left fiat bagholding during last panic sell. Now they are desperate to see at least one last dip. I think they'll be left with fiat bags and hesitate which alt to shoot at.
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Let Jihan, Bitpay and all the other corporations fork off. They will regret it pretty soon after the fork and will come crawling back. This corporate takeover attempt of the ecosystem and the brand Bitcoin will fail!!
The sooner this contradiction is resolved the better. The Chinese mining cartel and some other bitcoin entities defending 'corporate' bitcoin concept are maneuvering. They know they'll be the losers in case of a chain split. That is why they will try to change the odds in the next 3 months.
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John McAfee is taking bets: In the long term Bitcoin moves above $500,000 within three years. Bets? https://twitter.com/officialmcafee/status/887012614131372032Send legal contract bet to: John McAfee 98 Scott Street. Lexington, TN. 38351 I would definitely take a $500k bet knowing that in 3 years I can sell one of my bitcoins for $500k to pay off the bet happily. Or he gives me $500k. Win win. Well, the problem is nobody knows what $500k can buy you after 3 years!
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That's only because ETHc is cheaper than ETH. Thinking about a world (that I'm sure becoin dream about) where ETHc is at the same price than ETH, quickly shows how becoin's answer rely on nothing but dogma.
Both ETHc and ETHf are ETH. Make sure to point out which one do you have in mind when you talk about ETH.
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Why, I thought ETH was for smart contracts and ICO's, for for payments.
ETHc is for smart contracts. ETHf is too expensive now to be a fuel for smart contracts and is used mainly as a pump-and-dump coin.
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By the end of August we shall have new ATH.
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And what to do best with A big stack of btc? ?? Make it even bigger!
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Like we all expected exchanges are slowly making plans to shut down, not really surprising to me.
Users can easily wait couple of weeks or even months for those exchanges to open but where will miners sell bitcoins to pay their electricity bills? A couple weeks or months of users not being able to use Bitcoin and they will move to a crypto they can use. The actual economy won't wait for us 99% of users use bitcoin only to diversify their assets. They can wait. Miners can't! If Bitcoin goes down all the crypto economy goes down with it irrespective of the coin used. Definitely miners depend on users and not vice versa. UASF is a very good idea and should be respected by honest miners.
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Like we all expected exchanges are slowly making plans to shut down, not really surprising to me.
Users can easily wait couple of weeks or even months for those exchanges to open but where will miners sell bitcoins to pay their electricity bills?
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Whatever happens it seems some sort of chain-split is inevitable. That's my bet. But I don't seem to be doing anything about it. Which is odd.
I'm doing what needs to be done. I'm accumulating more bitcoins, so after the split I can sell all the chinacoins I'll get and accumulate even more bitcoins.
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Since UASF doesn't look like it'll go very far, I also doubt they'll bother with that.
Oh, UASF will go very far believe me! Oh yeah? They got 80% hash power? It doesn't matter how much hash power do they have. What does matter is that nobody in their right mind wants their bitcoins turned into chinacoins! So how many exchanges are on board with UASF? How many wallets? UASF has neither mining majority nor economic majority. I wish it was different, but that's the reality. Exchanges and wallets doesn't matter as the number of their customers doesn't matter. What does matter is how many network nodes are UASF activated and relay or refuse to relay txs from those exchanges and wallets.
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Since UASF doesn't look like it'll go very far, I also doubt they'll bother with that.
Oh, UASF will go very far believe me! Oh yeah? They got 80% hash power? It doesn't matter how much hash power do they have. What does matter is that nobody in their right mind wants their bitcoins turned into chinacoins!
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Since UASF doesn't look like it'll go very far, I also doubt they'll bother with that.
Oh, UASF will go very far believe me!
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I am calling a maximum potential low of $1500. However, I do not see a reason for which the price is dropping this sharply this weekend. If people were scared of August the 1st, dumping a few weeks ago made more sense (not 2 weeks before); not that there is something to be afraid of.
Bubbles don't make sense. They are blown emotionally and they burst emotionally. Markets are not efficient. It's all psychology. The biggest bubbles of our time are the dollar, the euro, the yen, the pound... When they pop bitcoin price will be measured in hundreds of thousands.
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Bitmain also still owes me about .40 BTC with a Pacmic contract. I wonder what coins I will actually be getting back come August 1st..
Good question. Most probably you'll end up with BUcoins. Forgive my difficulty in keeping up with all the changes, but isn't Bitmain going to be adopting Segwit2x, thus not doing BU after August 1st? You'd better withdraw all your bitcoins from Bitmain before 1st August!
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What's our excuse?
Who waits years and years for an insane pump, gets one, and let's it slip away without taking profit?
For an excuse I suggest you ask those people that waited years and years for the "insane" pump and let it slip away without taking their profit first at $32, then at $240, and then at $1150... Do you think they are too impressed they didn't take their profit at $2900?
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Hodling is a habit that's really hard to break. Why would anyone want to break a useful and profitable habit?
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