~ Its like drunk gorillas hitting the buy button. And all this weeks from a possible split?
it is exactly that. drunk gorillas hitting buttons! and all of it was because of their idiocy, laziness to educate oneself, and laziness to fact check an FUD. for the past week there was a lot of bullshit around, each of them easily verifiable with some quick research. but it seems like bitcoin investors (these gorillas) are mostly interested in an easy way of gaining information aka reading what random dudes on the forums tell them. the possibility of a split has always been very small. i have been saying this from day 1. miners won't kill their own million dollar investment. there is a lot of drama and shenanigans but it has always been public stunts to get those gorillas to panic and sell their coins cheap. and when you get their coins at $1800 it is time to tell them "there will be no split" then they panic again and start buying back. the funny thing is, there is currently another wave of FUD going around ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) now they are saying "locked in" doesn't matter. miners will betray us and don't continue signaling. it is starting to look like a zoo.
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can someone tell me if btc will split on 1th of august or nah?
there are some news saying that there will be a split in bitcoin in august 1 , but no one knows yet what will really happen. maybe will just have to wait and see. in my case ill just withdraw my remaining bitcoins in my wallet before august 1. if anyone is saying "there will be split" they are spreading FUD. before yesterday, all we could say was there is a small chance of a split happening because the signalling has not yet started but it was small because support for fork was high. today we can say with a good confidence that there won't be any split anymore because of the high percentage of the support. any other split that you may hear about such as the one that bitmain is pushing is not a split in bitcoin, it is creating an altcoin. you can think of it as all those altcoins that have so far forked off of bitcoin into a separate chain.
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don't buy randomly (random altcoins, or an altcoin you know but at a random time) you need to study the market and see how it moves then decide which way is the market is going to move. as in making a conclusion based on your analysis not a guess based on your emotions. then make the trade.
afterwards if the price went down, sell as fast as possible to prevent big losses.
if the price went up, set a profit amount in your head to sell there it can even be a very small profit of 5% and don't get greedy.
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it is called Electrum not Electron (just in case you are using a false wallet, do a double check). and in case you have your wallet files and if you are lucky and you have not encrypted them with a password, you can easily open your wallet file in a text editor and see its content (not sure how the old .dat file worked though). in that you can see your Seed phrase, your addresses, your tx, and your private keys.
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my vote goes for unsure because i have not yet made up my mind. the information regarding SegWit and LN has always been scattered, way too biased, and in some cases filled with FUD so i have not yet been able to fully understand it. so far i consider it off-chain and i won't use anything off-chain unless i have to. in any case i need to do more research and educate myself more before making a real decision. it is not an easy Yes/No question for me when it comes to bitcoin!
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*until the next FUD in a few months ..when the 2mb option on this is pushed...
you mean the next "Discount day" whenever it comes. this time the biggest one was a 60% discount on bitcoin (the summer sale) at $1830 since we are going to be nearly $2900-$3000 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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i hate to do this but i told you so! i hope someone at least listened and took advantage of the dips and bought something somewhere between $2000 and $1800 SegWit's BIP91 was locked in with 93.1% support... is this the exact same picture from OP or what (i forgot to draw the "We are here white circle"!): ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FcqKb9Y0.jpg&t=663&c=81TejZQDNkFRVg)
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what a pleasant surprise to wake up to see the FOMO has been hard at work all night and price reached (nearly) $3000. the people investing in bitcoin are sometimes way too funny with their panicky actions. not so long ago everyone was giving up on bitcoin calling it quits and now they are on a buying frenzy ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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i am not completely familiar with ethereum stuff but the multisig in ethereum is very different from multisig in bitcoin so there shouldn't be anything to worry about your bitcoin if you have them in a multisig address. and besides bitcoin code, specifically P2SH is reviewed properly, tested, used for a long time and you can trust it. i can not say the same for ETH code. and anything regarding their wallets, bugs and serious bugs leading to funds loss is becoming a very common thing with ETH. in any case you can read this to get the general idea of difference: https://ethereum.stackexchange.com/questions/6/how-can-i-create-a-multisignature-address-on-ethereumMaybe mETH will rewind their blockchain again and create Ethereum SuperClassic - lol !!! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) i don't think Vitalik or the Foundation lost anything so don't get your hopes up ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) and i call for Ethereum Legacy for the name of new chain oh and by the way DAO hack was 50 million dollar and this is $32 million and growing. and if you add the white hat hack to it, then it is about $100 million dollar hack.
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This BitcoinABC is an altcoin of ViaBTC mining pool btw.
A smarter move on their side would be to start with a fresh blockchain as all alts do. By keeping the old chain they loose part of the exchange income of transferring BTC to their alt from supporters (if any) and will have faster transactions processing, because of smaller database, but that's only initially, as their database will grow faster (if used) and will became slow ... they could at least delay that. By keeping the old blockchain they create artificial deflation from the unused old amounts, which they can do by simply starting with 25 instead of 50 coins. Premining from diff 1 up their available hashrate will create enough coins for their users to exchange BTC think about this for a second: what do most altcoins use to advertise themselves? most of them that have nothing to offer, associate themselves with bitcoin one way or another. they usually go for the old way of saying "blankCoin is fixing bitcoin's blank issues". then they pump and dump the shit out of it and eventually death. ethereum is the most famous example. they went the "market cap" route. almost in 90% of their advertisements you see them saying "eth will overtake bitcoin in market cap". and to do that they created 90mil+ coins and premined 70million of it. all you said is true and the correct way of doing things, but the reason i explained is the motivation for gaining any attention. that is only in case they go through with it. if i had to guess, i say the real motivation is creating disruption, not "improving" anything.
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i don't think the chances of that happening are that high. meaning they probably won't go through with it.
as far as exchanges go, someone will list it eventually. you can see BTU is still on bitfinex and the dump that happened from ~0.2BTC price down to ~0.03BTC and then the daily volume of $20 for some time!
people will treat it as air drop. something like what Stellar or Byteball or 100 other altcoins do. they give free altcoin tokens to bitcoin holders and they dump them as soon as they get them to get more BTC
BCC or others simply don't have the support.
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here are the things that i am seeing right now: 1. SegWit finally gained above 95% support in total. 2. BIP91 which is going to activate SegWit has the >80% support it needs and it already gained 75% of it 3. when SegWit activates with majority support, there will be a big spike in price 4. there are some nonsense going around about "other" forks, these may slow down the rise because of FUD and panic
in the end they will go away by the end of the year. we WILL start 2018 the same as 2017, with a big bull run since it will officially be the end of 3+ year old scaling drama...
dare i say expect $5000 then!
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oh boy... they started paying the ETH spamvertisers again!
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i don't know where you get this image which you keep posting it here over an over. but calling these 2 types of block version "EXOTIC" is idiotic. and it is either lack of knowledge or aiming to spread FUD. the block version 0x20000010 is showing support for BIP91 activation of SegWit. block version 0x20000012 shows support for 2 things at the same time BIP141 and BIP91 activation for SegWit. so in fact support for BIP91 is 77.1% according to this chart and support for BIP141 (which the chart mistakenly calls SegWit) is 47.2% support for SegWit is 95.8%
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being adopted by people or even becoming "currency of the world", and other things such as government regulations have nothing to do with "be controlled by the government". setting up rules for how businesses use this currency called bitcoin or how people spend it there or taxes for investors in bitcoin does not mean government is controlling bitcoin. it means you live in a society and have to abide by the rules!
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i found a not so bad article regarding the spam attack. it is worth a read. i wished it was more specific about the details specially for recent months, not sticking mostly to the old self-admitted and way-too-obvious spam attacks of 2015. anyways here is the link and if anyone has any more details about his work please share it here. https://bravenewcoin.com/news/bitcoin-spam-attack-stressed-network-for-at-least-18-months-claims-software-developer/There is evidence to indicate that Bitcoin’s network has been suffering a far greater workload than needed recently, according to the developer behind the bitcoin analytics platform OXT. The French developer, Laurent, told BraveNewCoin that he is “95% confident” that the 2015 “Stress Test” and “Flood Attack” events affected the number of bitcoin transactions as recently as January 2017. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FTXSj20P.jpg&t=663&c=cVhNRsQ-6Meqjg) #MobyDick more https://twitter.com/LaurentMT/status/886630294329204740
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i just saw bittrex is removing ARCH from their exchange and i have 1.78355098 ARCH in my account! it is not worth much but if anyone is interested, post your ARCH wallet address and i will send it to you. transaction fees are 0.002 which will be deducted by bittrex. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) - this offer is valid until they remove ARCH (24th July)
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No, bitcoin is the best "investment" Ethereum and other altcoins are the best "short term trading". these are a little different. you can buy bitcoin and hold it and with a good confidence know that you will make profit in long term. and so far this has been true. bitcoin price has been rising in the long term.
with altcoins this is not true. in long term they have been failing, all of them. but since altcoins specially ether are pump and dumps it makes them very good for short term trading. you buy them low and in a short while (from 1 day to a week) you gain a big profit and dump them to get out before their prices fall again.
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if nothing unexpected happens NO. there is no way to see any dip anymore.
but with bitcoin there is always a chance of something unexpected happening. the bitmain crap is still ongoing despite them signalling for SegWit. the FUD is also always something you need to look out for. on the other hand there isn't that much time left before August 1 so there is not really enough room to play games and push price below $2000. although we may see something similar to Litecoin SegWit shenanigans again.
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Both of them opens the wallet in %appdata%/Electrum by default.
Are you sure about this? I believe the portable one creates the wallet file in the same folder as the executable. they are not talking about portable one. there are 3 things you can download for windows 1. Standalone Executable 2. Windows Installer 3. Portable Version (you have this in mind)
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