So is it safe to buy gold at Bitgild with BTC? I have some funds that I would like to invest into gold.
I see enough red flags in this thread not to order from them. It's a shame too, they sell interesting stuff, I wanted the Queen's Beasts coins, but Bitcoin Commodities just sell the more basic bullion coins. Are there others that deliver to Germany that are very trustworthy? |
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I think the new distribution is a good idea for Byteball.
Dropping 0.065 Gbyte per Bitcoin just means that people who have nothing to do with Byteball and have no interest in it are getting $35 per linked Bitcoin.
They don't really care, it is just money being given to them for nothing, so that they can dump it for extra Bitcoin. $3.50 is a fairer amount, $35 is lots of money, it means that whales are getting a monthly bonus of thousands of dollars.
The differential between the Bitcoin drop and the Byteball drop isn't/wasn't big enough, the price falls after the drop by enough that it isn't worth holding, on a short term basis. I think the difference between 10% and 0.65% could be enough to make people feel like holding as the resulting drop will be only 10% the size it will be currently.
I think it could get ugly later after thge drop, the price is already down and hundreds of thousands of Gbyte are coming online to by dumped. Let's see what happens.
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I googled Bidgild and saw that one of the links that shows up says this:  I'm not sending thousands of euros to somewhere with Cialis online pharmacy links. It seems dodgy |
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I was thinking about this earlier and I wonder what everyone's thoughts are on it. I think a lot of folks are trying to set an expected 'max value' on what bitcoin can and should be. I suspect it will enter the realm of something like the derivatives market where the total value of all derivatives is more than even all the money in the world.
If you think about it, the market cap is simply pegged on what folks are willing to 'part' with their bitcoin for. For that reason, it's completely possible that as it hits insane valuations, just about nobody will be willing to part with it. As this happens, at some point someone can say the current market cap of Bitcoin is so high that all the money in the world couldn't buy it all out. (and that would be just fine!) Just like the derivatives market with all the money in the world couldn't cover all the existing contracts, all the money in the world won't be enough to purchase what people are willing to sell their bitcoins for.
So while some folks see an upper threshold of something like all the gold (7 trillion) or world GDP ~80 Trillion, bitcoin could go even higher than that.
That should be interesting!
If you want to find a maximum value that bitcoin could reach (it's a pointless exercise, kind of like discussing what you would do it you won the lottery), then deciding to pick a value higher than all of the money in the world, would seem to make the exercise even less worthwhile! People leverage trades with derivatives, they also sell on derivatives so that each is counted several times. The idea of Bitcoin is that that shouldn't happen. Bitcoin should be limited to M2 monetary supply so about 81 trillion USD. That would give Bitcoin a value of $3.8mil when all coins have been mined. You can call me pessimistic, but I don't see it happening. http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/ |
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I said before the split that I would definitely sell at 0.2BTC but at 0.05BTC I would probably hold.
As it turned out, I sold at 0.13, but I might buy back in if this fall continues.
Even if you don't like BCH, it has to have a fair price. Whether that is 0.01 or 0.1, I do not know, but I think there is some upside at 0.04 or so.
The whales aren't in a hurry, they can wait and accumulate. A trustworthy wallet is important right now, who wants to hold if you can't do it safely?
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I doubt the wrong amount is quoted; however, no one can help unless you provide the address. Tell me the address and I will confirm it for you.  And YET it is the wrong amount. I'm not new to this, you know... And yet, no one can help without knowing the address. I would like to see the wrong amount to prove you right. PMd. Responded. I bet it was a change address issue, he's new to this. 1 million linked bitcoins is very impressive. I doubt that 10mil are actually available, meaning could be linked if someone wanted to. Including coins on exchanges, lost private keys, those in hibernation, I think about 25% of all available Bitcoin must be linked! |
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Everyone has got their Bitcoin Cash airdrop and now they are starting to think about the GBYTE airdrop that is coming in a few days.
Ok, it isn't quite as big a drop as the BCH one, but I personally like the extra GBYTE drops more, they are certainly less controversial!
I wonder how many people will forget to re-link after splitting their coins. At the moment mine aren't linked, I need to do that later so I don't forget.
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all of you who are frustratedly waiting to get your BCH deposited are lucky. I took the risk of keeping my Bitcoin on Kraken and Coinfloor, so was able to dump very happily at 0.07. FFS, really kicking myself now!
Trust me, you could have done much worse. Like, not getting any BCH coins because you f@cked up completely out of some sort of confused negligence.... indeed. That said, getting very tempted to buy some BCH now. Anybody here have any good indications of how long it might be until deposits start getting accepted in the major exchanges? Good idea on the buying of BCH, buy high, sell low! Or actually it sounds like you want to sell low, buy high, sell low/HODL! You know that people can't move their coins to exchanges to sell, so there is a buying pressure. You know that this is temporary. Why do you want to buy now? |
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I sent and received. You want your BTC wallet to be empty, leaving your BCH there.
If you import your private keys into a new wallet, you will import both BTC and BCH, and you will be back where you started!
Wait until the transaction is confirmed, before restoring from seed in Electron Cash. Apparently you need to select the correct server to get access to your BCH in Electron Cash.
Good luck and maybe start with a small amount, don't risk too much or trust anything too much!
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If you can, please make this a sticky , people NEED to be warned and i need to find someone to recover 150kusd and get 75kusd for it (Relative to current BTC + BCH prices ) I got robbed of 45.8 BTC (and BCH so total = 150000$) after installing the executable from electrum-wallet.com. I was running multisig but both on the same PC. First i ran the portable electrum.exe from electrum-wallet.com but when it did not load my wallets *NOTE : the ones that had BTC in them ,it loaded just fine any other wallet ) - I don't want to hear opinions on my stupidity After it didn't work i downloaded last version of electrum from electrum.org I'm wondering how the F is it possible that after 2 years of this thread no one has taken down and/or announced the US. authorities fbi etc about it. I'm in Romania and have no wish to deal with this legally, which will probably get me nowhere. I am willing to split the rights on the BTC with whoever is capable of recovering them via detective+legal means. This is the transaction : https://www.blocktrail.com/BTC/tx/78d44db46445d3097996fc644c1221eeead31added5c35cf1b7938737e3b49dbAs i said , I don't want to hear opinions on my stupidity, this is mostly a warning and hopefully a way for someone to make a healthy 75000$. Have you tried restoring from seed, even if you only get your BCH back it would be something. Electrum-wallet.com isn't the website for Electrum. Sorry to hear that you lost your BTC, it seems very unlikely that you will get them back, but you can but try. |
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I sent my BTC from my pre-fork Electrum wallet to my post-fork Electrum wallet.
I then imported the seed into Electron Cash on a different PC.
It showed the coins as being spent, but still there if that makes sense. It said 1bcc - (1bcc unconfirmed).
I couldn't spend the bcc either. I will wait until tomorrow and see, maybe BCC/BCH need to mine some blocks to confirm that the BCC are there, but the BTC are gone.
It's all a bit weird, I hate sending coins from wallet to wallet, I'm always scared that I will make a mistake, or that something will happen.
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Fuck my Electroncash wallet is showing my balance from the time after I transferred all my BTC, so 0 BCC, even though I transferred all my BTC from my private key an hour ago. It should list the balance I had at the time of the fork.
I guess I have some time to fix that, as no exchange is accepting BCC deposits yet.
Anyone have any idea what I am doing wrong?
I have that to look forward to then, right now it's just the 48 minute wait since the last block that is annoying me! Then I can import my private key into Electron and try to get that sorted out. That is, if we ever find another block! Bitcoin is one of those things that I love in theory, but is annoying as hell when you actually try to use it! |
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I had a small amound of BTC on Kraken (1.89 BTC), got Bitcoin Crash and dumped it @ 0.067. Amazing!
I'll dump the rest when I get through the hassle of moving my coins, installing a BCC wallet, importing my old private key and moving the BCC to an exchange. Hopefully I'm on time to dump on the people behind this thing, when they are trying to pump it.
No offense, but I'm not sure that you got a great price there. It has been trading at 0.10-0.15 all week. You can expect a dump, but there are some deep pockets that want BCH to succeed, so the price can bounce back, and 6.7% is a low bar to pass. On a different note, I don't get why the first block hasn't been accepted. There have been a few full blocks now. What is the next step? I want to split my coins and forget about it, but instead I am left waiting, not wanting to be too early in case I mess up and miss out on my BCH bonus! |
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There were just 17 minutes between blocks and the block was only 213kb!
Unless they start spamming the blockchain, this split isn't happening for a while. At the rate of fill of the last block, it would take nearly 80 minutes to get an oversized block.
Looking at Bitcoinfees21, there just aren't any transactions happening, I understand why too, I wouldn't risk it yet.
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Apparently someone has opened hundreds of BCC nodes and they are worried that it is a network attack...
BCC chain is also 2 blocks behind now, so it looks like it is go time, they will need to mine their own blocks now, that could take some time!
I don't really get why the new blocks aren't being accepted by the BCC chain, but they aren't.
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When median time reaches 12:20 UTC (a little while, wait) and a block bigger than 1MB is formed, the fork begins. Neither of those things have happened yet. Keep in mind the network median time always lags behind so it is technically not 12:20 yet. I don't get the median time stuff, the countdowns are over, the bitcointalk time is now 12:39, why isn't the average time also 12:20? I expected the split already, looking at the alts markets, others did too! I guess some jumped the gun as the fork hasn't happened yet. I wonder how many other people are frantically hitting f5 a lot today! Median time is like Network Time- It is never usually the same as the time that we are on for many reasons. Give it ~30 minutes and we will be on our way. Traders always sell early, not much of a surprise to me. It will likely go down more as the real traders start to dump. Well according to the Bitcoin Fork Monitor, it will be an hour until the median time is 12:20, then they will have to find a large block and mine one, so it could well be 14:00 real UTC before the split actually happens. People could have done very well buying alts low, selling them now for BTC and getting BTC and BCC at a higher rate in an hour or so when it forks! I considered piling into alts, but didn't want to have so much money on exchanges at this time. |
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When median time reaches 12:20 UTC (a little while, wait) and a block bigger than 1MB is formed, the fork begins. Neither of those things have happened yet. Keep in mind the network median time always lags behind so it is technically not 12:20 yet. I don't get the median time stuff, the countdowns are over, the bitcointalk time is now 12:39, why isn't the average time also 12:20? I expected the split already, looking at the alts markets, others did too! I guess some jumped the gun as the fork hasn't happened yet. I wonder how many other people are frantically hitting f5 a lot today! |
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Now they need a block to be bigger than 1mb, which will be rejected by BTC, but accepted by BCC, if I recall correctly. https://cash.coin.dance/Then they actually need to mine some blocks, which might not be too easy with the difficulty being so high, and the mining power probably following BTC. |
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I'm sure BitcoinCash will plan to use fork/UAHF on 12.30 today which will happen in few hours and even forum news said that  I just hope BitcoinCash price will crash hard to the point where no one even bother to invest on that altcoin. I assume you are a Bitcoin holder, so you will be a BCC holder too in a few hours. You can support BCC or not, that is your prerogative, but why you want your new coins to be worth as little as possible is a bit strange, and sounds like spite. If BCC trades at 20% or so, which I find unlikely, I will be overjoyed and sell at least most of my BCC. If it is dumped and trades at 1%, I will hold. There is always the chance that Segwit has flaws or that the 2mb blocksize is rejected in a few months, and BCC will become more relevant again. |
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Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin is dying and u all know it. I don't actually see any reason, in your post, for why you support Bitcoin Cash. People stopped using Bitcoin (even though the price is near it's all time high, is up 300% this year and is being adopted ever more by the mainstream) so it's dominance fell (actually this fall started after the ETF rejection) so now it is dying (despite price rises and Segwit2x being adopted). Why do you support Bitcoin cash? Does is have a higher than 38% dominance? Is it's price higher than $2700 or even $1700? I personally don't have anything against bigger blocks, I think 8mb blocks would have been a much easier solution than Segwit2x, but Bitcoin Cash, a minority, centralized UAHF, isn't the answer. |
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