@ahmedjamal1998 or anyone else,
Could you please help check whether the reply wrote by RaiCaptchas is tenable or not? He is the person who made the double spend transaction. As I understand it, what he means is that the double spend he made is normal and that he had no malicious intention.
i can tell you one thing. double spending is not easy and most wallets don't allow the user to do it. the wallets user interface prevents it to prevent newbie accidental double spend and all the problems it can cause. usually you need to do extra stuff, for example to put simply you would need to go to the console and type in some stuff and manually make the transaction to double spend.
|
|
|
i agree with the number of unconfirmed transactions, that is really a turn off to all of us not just newcomers. and it needs to be fixed sooner than later. but price has nothing to do with all of this. neither the drop nor the rise. price dropped because it had gone up fast and it needed a correction. and price will reach $5000 because even if blocks are full and mempool is exploding, people are still investing in bitcoin and price is still rising 100% to 200% each year.
|
|
|
for me it is altcoin trading and bitcoin hodling!
stock market is not so good in my country these days so that is obviously a big no, because i will lose money if i enter that market.
i am not so much familiar with Metal you are saying here, i am assuming you mean precious materials in which case it is a good market and i sometimes do some trading there and it is decent.
Forex, is not so much to my liking, it is big, you have to pay taxes, it is hard to make profit and it will be small.
altcoin trading that i mentioned is much easier (at least for me) and the profit is huge. if you see the past 2 months you can see the rise of 2x to 5x in many altcoin! and that can cover you for a whole year if you make that kind of profit for 2 months.
|
|
|
I would not underestimate their potentials, as far as I see, in average their have quite a bit more spare money to invest than Western countries. When bitcoin gets on the right track, money will jumps in very quickly.
I would not underestimate them either but china has to many strings attached to centralization and bureaucracy i would not like to see them drag bitcoin to its knees with all these PBOC counter measures ....so top spot definitely not china "drag bitcoin to its knees"!!! LOL in the past few months bitcoin has grown way too big and all of a sudden. and i am not talking about the price rise, that part is obvious and irrelevant to bitcoin growth that i am talking about. what i am pointing out is all the positive news that is coming out. we saw Japan adopt bitcoin as a real currency. we saw Russia finally stop treating bitcoin with such negativity. we saw a lot of other countries follow Japan, the other day i read Australia is planning on doing the same. all these are bringing a lot of new people in, China is just one country against all of these.
|
|
|
Never! obviously. as long as i can not find a job that is paying me in bitcoin, the only option i am left with is to buy bitcoin if i want to use it. and for using bitcoin the price doesn't matter.
|
|
|
I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-. Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more. btw. Im a beginner ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thank you! i can certainly tell you one thing with confidence, hoping for price to get somewhere is not a good thing. there is a good chance that price stops going up very soon (during the following 2-3 days) and if that happens, there will be a correction. then how big that correction is, will depend on many things such as how many are going to start panic selling and how much. so it may or many not go down to $1500. and if you ask me if it went down, make sure of the bottom and then buy as much as you can, that is what i will do, and then i will hold it with the rest of my coins which i have been holding for years for more years.
|
|
|
i don't understand what you mean by "things have changed" and "they evolved" things concerning private keys and how public key is found (the basic stuff) have not changed, i guess the only things that were added are compressed private keys and P2SH! many clients allow you to import or at least sweep the private keys. you can download any of them and try installing in a virtual machine and test to see if you like them. Bitcoin Core and Electrum that i have worked with allow you to do this. if you don't want to rely on "the machines" aka code to get the private keys there are some interesting methods out there to do it offline with pen and paper ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) take a look: www.swansontec.com/bitcoin-dice.html
|
|
|
what is happening these days ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) there was a time when we waited a long time to see a new ATH and got excited about it, now every hour is a new ATH. i thought after the $1100-$1200 rising would be easier since it is new price but not this easy! price has gone up $600 in past month!
|
|
|
nerioseole
I tried the following too: menu Tools\Preferences\Transaction tab\tick option Dynamic Fees
What other amount of fees should be used? Probably in Tools\Preferences\Transaction tab\Transactions fee per kb in unit btc / kb
I know my Electrum is outdated but this shouldn't be the reason for problem.
Electrum being outdated is the reason. The latest version fixes a bug that could cause Dynamic Fees to not work properly. You should update to the latest version which will help correct fees in the future. do you have a reference for this bug. because i can not find anything on the release notes about any bug related to Dynamic fees, there have been a lot of improvements though.
|
|
|
So many conflicting views here, I will take the safe bet and hold both btc and some alts in case the final result is one dominating over the other I will be diversified.
with all the conflicts of the views, i don't think there is anybody who is denying the fact that there is a risk in investing in both bitcoin and altcoins. the conflict is about "how big" the risk is. which is why you better invest what you can afford. and always try to use your own knowledge to measure the amount of risk and think of exit strategies.
|
|
|
I'd like Poloniex to provide more official news releases and info about what they are doing with these issues. So far their tweets are skimpy.
as long as people keep going back to their exchange and give them money with their trades and buy into their pumps they don't give a damn about what their users want or in general about user experience. because all things said and done, people will go back again and complain again and then go back again!
|
|
|
buyers will come in at 1100-1200 on next dip. you will never again get the chance to buy a bitcoin for under 1k.
I think you're right. I'd say that dip is coming real soon because the price just simply cannot keep increasing on a daily basis. Right now it's increasing by around $50 minimum every single day and that's the definition of a bubble in my opinion. But once it reaches 1100-1200 level people will think about how bitcoin rose so quickly from that level to 1750 which is the price level we are on right now, and people will start buying back again and bitcoin will rebound. It is not increasing by $50 every day. Bitcoin's price is down by 2% in the last 24 hours. Such corrections are good. They prevent the price from going up too fast and prevent a bubble from forming. However, I don't think we will see sub 1000 again. sub $1000 is a whole different story. but price has been rising fast, it is not about how much it goes up or down in one day but over a longer time like a week or a month. and this month bitcoin price has been rising a lot. we started at $1200 and now we are close to $1800 and that is about $600 rise which is a lot! (50% rise) and this means we should expect a correction soon.
|
|
|
Bitcoin is still dominating the cryptocurrency market I mean look at its competition they are way behind Bitcoin.
Individual coins, yes. Overall, bitcoin is about half of crypto. It is a bit more when looking at market cap, it is a bit less when you look at volume. Right now: Bitcoin market cap: $28,817,708,481 ; bitcoin volume $930,818,000 Crypto total market cap: $52,069,216,063 ; crypto total volume: $1,912,681,567 your arguments become funnier each time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) do you even know how easy it is to start a new altcoin? for those others who don't know, it is as easy as clicking a button! you click fork and there you have it another altcoin, now multiply the billion or million coins they create with a small price 1 satoshi to 50,000 satoshi (normal price for shitcoins) and there you have it again: bitcoin's market cap dominance decreased again. i can make you 10 altcoins in an hour if you like and make bitcoin's market cap dominance decrease by a factor of 10. oh and here is another fun little thing to look at: https://blockchain.info/charts/estimated-transaction-volume-usdyeah that's right a medium of 300 million dollar is being transferred daily using bitcoin
|
|
|
to all those who are giving number targets, i suggest you to start reading the bitcoin white paper and try to finally figure out what bitcoin is because from the looks of it none of you know what bitcoin is. a couple of days ago i made a comment about places you can spend bitcoin and there are about a million different products you can buy from nearly as many merchants these days. i probably make it into a topic later. https://bitcointalk.org/index.php?topic=1906361.msg18937596#msg18937596
|
|
|
bittrex is not exactly that small either. it is still a big exchange with a high volume. as someone who trades there i have to say i didn't feel much trouble in that platform, of course they also become slow at times like this but i have never seen something this critical and this often as i see happening with poloniex each time a market crash happens.
|
|
|
~snipped~ You had a good study of both the poster and the price chart. That is really nice to have you studying the price trend so closely. I'm guessing that's virtual platform you use to trade?
the screenshot you see is from bitcoinwisdom.com they have the major bitcoin markets and also some of the altcoins are there too. as for me, i am mostly trading altcoins and i do that on bittrex for bitcoin trading i have been using bitfinex before they got stuck and sometimes on btc-e but mostly on kraken (a bit all over the place, i know).
|
|
|
It's also an older version of Sampey's trade bot ( reference). Distributing a virus along with stolen work... what a bunch of scumbags. If you're about to head onto the guy's trust page, click here. it is not an old version of C.A.T trading bot (Sampey's trade bot) it is not even a bot. it is a malware. the website is just using a low res cropped screenshot of Sampey's trade bot and shows it as their "bot" you can easily find the picture with a quick google search: https://bitcointalk.org/index.php?topic=1904782.msg18913289#msg18913289Seems according to other people that they are actually selling the copied bot - they're just selling it along with malware. This would be good for them since the user wouldn't automatically assume that it's malware as soon as they've downloaded the file because then they'd be running virus checks and being really careful with their transactions straight after they downloaded it which would make the malware find it harder to operate. i did download it (inside a snadbox for protection) and the file size is small (~6-7 MB) and it didn't open anything, any interface or something like that. it just started using my CPU to the max! and no interface appeared, that is mostly why i said it is just a malware not a copy of the bot with malware. but it may also be because the sandbox was a windows XP ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) so you may be right after all.
|
|
|
Here in downtown Toronto a million bucks barely buys you an old row house or crappy little condominium.
maybe i've been living in a third world country for too long without looking at what's happening in other countries but this doesn't look like a old row house to me. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 242 Margueretta St, Toronto ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ffindhometoronto.ca%2Fmls-photo%2F01-C01%2FC3786003-16.jpg&t=663&c=NQi-ulQNij5n-A) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ffindhometoronto.ca%2Fmls-photo%2F01-C01%2FC3786003-4.jpg&t=663&c=pKPP4Ob8kaYOew) 386 Yonge St, Toronto ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ffindhometoronto.ca%2Fmls-photo%2F01-C01%2FC3776164-1.jpg&t=663&c=Jn7OYAfAImks_w) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ffindhometoronto.ca%2Fmls-photo%2F01-C01%2FC3776164-7.jpg&t=663&c=fjXIuJLJOEIK8w) 386 Yonge St, Toronto
|
|
|
|