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Thank you both for your responses. In short, I guess I don't have anything left to do now - except perhaps try the suggestion of downloading and running Bitcoin Core (sorry for overestimating the complexity of that!) and try understand the post on tainting. If Bitcoin Core can automate that process then perhaps it is worthwhile using - at least for a time being.
It is still at least two weeks away anyway so there is time to wait for such a post-fork guide. Thank you in advance for that!
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Thank you to theymos and achow101, whose posts I've found most helpful re possible/impending split. I understand how to and will be in control of my BTC before August. Is there more clarification on how we will be able to manage coins on separate chains?
1. I will likely stick to using my coins on current chain. I expect that my wallet of choice (Electrum) will allow me to do this.
2. I understand if Electrum won't allow me to do this, I will have to find a wallet that does, and just sweep private keys to that new wallet.
3. I will end up using one wallet with coins on new chain and another with coins on original chain.
4. I do not feel I am technically competent enough to download the entire chain to tweak with or run a full node (and as am still a casual user, have no desire to be).
Are my assumptions safe enough? Or will I need to prepare a bit better? Is there already a relatively simple solution (possibly a wallet) that has already prepared for this that I might examine?
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Day trading is supposed to be trading within the day.
People making less than one trade per day are not day traders. Day traders should be profiting from smaller fluctuations, rather than the big leaps in price that can happen in cryptocurrencies over just a few days.
In other stocks and commodities, you could use day trading as part of an overall strategy, but in cryptocurrencies they're too wild to do both at the same time.
There are a few cryptocurrencies which have been stable enough to make day trading feasible, such as MAID and LSK. However, I wouldn't recommend day trading any cryptocurrency, because they are not particularly liquid and can violently break out of their trend at any time, leaving the profits you get from the tiny fluctuations seeming insignificant.
You're right on the first point, but not the second. Day traders are speculators but not necessarily gamblers which you'd have to be if you make trades you must close within the day even if there aren't any signals or patterns for you to analyse. Day traders enter and exit markets on the same trading day to manage risk, but won't enter at all if they can't see a point for entering. Also, scalpers who take advantage of big leaps in price are also technically day traders. Their trades are executed in seconds. Gdax will remember how thousands of trades were executed during the flash crash. Also, who says you can't do day trading (or at least potential scalping) as part of overall strategy for crypto? |
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That can be difficult if you rely on external parameters for what constitutes a dump. 20% of current value? 50%? Some coins have shows even 100% loss in this past week.
What may be easier is this: setting up buy orders on each platform for the coins you would like to buy should they dump. That's even better than an alert, since a trade will trigger if the price dump matches your order.
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Nice instincts for Sam Q, Ajax... I had predicted fatigue for Djokovic but not outright injury. It seems the bodies of Murray and Djoko are beginning to show some wear and tear. Broke some British hearts, I reckon.
My picks for today are Ladies
Garbine Muguruza vs Magdalena Rybarikova
Muguruza to win 6-3, 6,7, 6-2
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Well the prediction's off by several accounts:
1. No one's going to be doing their shopping next year using only one currency.
2. Or if they did, they were already doing so online from behind their computer using... Paypal?
3. Central bank descended from the IMF? Definitely written by the elite.
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Scant methodology on the original source of this 97%... but there seems to be some minor literature on gender disparity with Bitcoin from 2012-2015. I like Financial Times who suggested that men liked Bitcoin because of drugs, porn and gambling (but neglect to address that research disproves this as women are only a slight minority when it comes to these vices).
Even the 2017 Cambridge research into Bitcoin skipped over gender, so we'll have to wait for a more definitive source.
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I somewhat agree that "we are here again", except that I still think "we are on the way here, just not quite yet". Once BTC drops below $2,000, then I'll firmly believe we are "there". Trade volume is still thin, I think a lot of traders were caught out this week and will not be ready to re-enter until they can see the outcome post Aug.
Neverthelses, whatever negative outcome that might happen post August seems to be slowly pricing in already and I fully expect only a matter of weeks to readjust to pre-Aug price.
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Struggling to find a reason NOT to make another pick on Djokovic but as I overlooked Murray once, I'll chance my picks on him today. If the big 3 go through, it will be a headache for the semis to make a pick! What do you think guys, will both Men and Women Brits will make it to the final?
My picks for today:
Andy Murray
Sam Querrey
Murray to win 6-2,4-6,6-4,6-2
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Just a gentle reminder to all those following. Make sure to check out Monsterbyte. Its the best time to transfer your holdings of bitcoins and altcoins to monsterbyte during this downtrend in the market. Are you sure about that? This is a genuine question. How much do you believe in them and how much have you invested in them so far yourself? If you don't mind sharing that is. I've also decided to back this ICO, albeit with a lot less than even 1 BTC, but then again I'm not one to go ICO hungry. Monsterbytes is perhaps the only one I've seen that already has a solid business model, and are raising a set amount of cash to help them grow. Most other ICOs have nothing to stake their money on, not even reputation. And are just raising cash without having a budget. In the real world, this is completely foolish. P.S. Good call on Partizan! |
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Just want to note in here that my pick for yesterday (Djokovic) was played today and I guessed the scores correctly! It's on your other thread: It's usually "bad luck" for me to bet on my own hopeful game but I have a suspicion Murray's already gone as far as he can. My picks for today are going to be based on a scenario where I bet the opposite way. This way, if I lose the wager, I have a chance to win today's challenge.
Djokovic Novak vs Mannarino Adrian
Djokovic to win 6-2, 7-6, 6-4
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It's usually "bad luck" for me to bet on my own hopeful game but I have a suspicion Murray's already gone as far as he can. My picks for today are going to be based on a scenario where I bet the opposite way. This way, if I lose the wager, I have a chance to win today's challenge.
Djokovic Novak vs Mannarino Adrian
Djokovic to win 6-2, 7-6, 6-4
Oh cool, I guessed this exactly! It's only a pity that I took an actual wager the other way around as I really thought Djoko loses steam around this stage, but I suppose the prize for this would cover that loss. What did I win?=p |
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since when are we discussing the statements from faucets regarding bitcoin and hard forks?  That's a slightly unfair statement. I think the site is one of the most reputable crypto businesses online, by virtue of years of operation, community engagement and a noticeable dearth of scam accusations. And his coming out to say that people will get 2 coins in case of a split is a lot more than most other sites or services would ever do. You can of course speculate that it's a pre-emptive move to prevent withdrawals, but what's stopping people from doing so, anyway? |
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Ouch, looks like I completely missed this edition (I participated in the previous one). Actually bookmarked the old thread but somehow forgot all about this. Been reading news on hobby miners re-entering the scene ever since recent ATHs, probably one more reason why people are thinking of double digit guesses.
If this one is positive, I'm going on a low negative if I chance on the next edition.
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 Janowicz to win the match good luck guys !! Ah, I just missed this game as it's taking place now. Janowicz got the first set and is ahead on the second. Seems my pick for yesterday was postponed to today also, so at least that's something to watch. What a string of epic games yesterday, huh? |
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Glad I stayed out of that match... Nadal was spent after clawing back in the 3rd and 4th sets. The other almost epic comeback was from Zverev. Both those epic games pushed poor Djoko's game to today (Wimbledon blamed the crowd haha), so I'm taking a small bet on him to lose.
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Wow. I honestly didn't think Murray had it in him to reach the quarterfinals. I even passed on the Konta game. To my regret both British did well.
And right now watching the incredible comeback from Nadal, not sure if he'll snatch this last set though. Looks like even your pick Zverev is doing the same thing, leaving it to the fifth!
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Each bull-run for a figure. First for three figures, second for four figures, so the third will be five figures. It will reach 10000 by next year, then when it will be near 30k there will be another bear market like it is having now. But by that time, the financial institutions will provoke it to eliminate the common players, and there will be drops with four figures, from 30 to 25 and up again to 32, so it will be very hard to buy bitcoins. If you buy for example 10k satoshis, you risk having it drop to 1 satoshi, in fiat value.
So now it's the better time to buy and accumulate. The trade in the future will be only for altcoins, who will follow bitcoin rising to the moon, since people will not stop trading for them to increase their satoshis. But the trade for fiat will be dominated by financial institutions, who will put millions into it. It will be very hard for the average person to hold it. It will be like a wall separating both camps.
The idea is never to sell bitcoins, but to use them to buy things, to charge pre-paid cards and pay services. I always paid my storage cloud with bitcoins, after recent rise I paid until 2019 since they were satoshis bought in 2015. But it is still early and most sites won't accept it. And when they will accept the price will be so high that the average guy, who is not buying now, will have to spend it immediately to not lose it. The banks will probably create a protocol using smart contracts to convert fiat to bitcoin instantly, and will get even richer with all the speculation going on around it.
Still too early to tell. It was only last month that we thought this was "finally happening", along with all the premature reports of crypto markets running red with blood. Only for everything to recover in less than 24 hours. I have a feeling we're headed for a few more false alarms before the real easing down below $2,000. Similarly, a few more false alarms past $3,000 long before it goes for new ATHs closer to $4,000. |
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You guys do realise that almost the same "crash" can be seen for Bitcoin in the last 12 hours, don't you? The same can be said for a lot of alts actually. I'm looking just at DOGE and LTC. Just goes to show that BTC still leads the way. You jump, I jump, Bitcoin!
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If the reports are true that there are now organisations that use highly specialised software forensics to detect or trace Bitcoin origins - there are a few questions that come to mind: 1. Is there a way to "test" if your Bitcoins could pass any of these so-called detection tests? 2. Has evidence from these types of software ever been successfully (or unsuccessfully) used to incriminate someone legally? 3. Is there any way to benchmark ChipMixer against other similar services? What would the major criteria be? Interested in your thoughts, @MZ especially  |
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