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18121  Bitcoin / Press / Re: [2017-07-17] Scaling Countdown: Miners Begin Running Segwit2x Software on: July 18, 2017, 07:23:12 AM
Well, I would eat a shoe and a bag, if that is the case. Kidding aside, let's hope this marks the much-needed solution for Bitcoin problems we are presently experiencing. Though we should not expect it to be perfect as the whole Bitcoin is really an evolving organism, at least this should be providing respite before we should be tacking new challenges ahead.

Now, I am not a person who fully grasp everything happening right now in Bitcoin (well generation gap can be playing a big role here) so I am wondering if this does mean there would be a split or no need for a split? Anybody here who can tell me pointblank please...

Heya Tom, wondering if we have the same generation gap (I'm at the tail end of Gen X!). Pointblank answer not available, unfortunately. But this move does make one of the possible splits more likely, as it is going along one of the possible paths illustrated as below:

18122  Bitcoin / Press / Re: [2017-07-17] Cryptocurrency and Market Timing Irrationality on: July 18, 2017, 07:15:36 AM
"Beware of claims of great returns earned by timing the market, made by anyone that is earning a commission on your trades"

Taken out of a non-crypto market context maybe? Hardly anyone making claims on this forum is earning commission from trading, if anyone at all. None of the exchangers I know or use use an affiliate system either.
18123  Economy / Speculation / Re: Is it too late to buy bitcoin? on: July 17, 2017, 01:41:23 PM
it is funny to see this old topics bumped here again specially since i was talking about exactly this the other day with someone. the fact that people keep asking if it is too late when price goes up and then when a golden opportunity like the recently $1800 presents itself none of them takes advantage!!!

It's true isn't it? Smiley The thing is, if you're in here asking for advice on buying, you're likely just seeking some validation to a decision you've already made. "It's never too late" doesn't seem to make sense to them, but then again people looking for a quick buck can't make sense of logic anyway.
18124  Bitcoin / Bitcoin Discussion / Re: Wallet recommendations for Aug 1 - segwit / bip148 on: July 17, 2017, 01:27:42 PM
Customers who wish to access both blockchains at the time of the hard fork should withdraw their BTC from Coinbase since we cannot guarantee what will happen during the hard fork or when this access may be available.

Thank you very much. That what I found as well I thought I had missed something!
It's quite astonishing to see an exchange as important as Coinbase not giving more assurance in light of such a big event!

Actually, given the behaviours of exchanges and site wallets in the past with regards to possible forks, this isn't surprising at all. For one thing, they don't want to bother with maintaining yet another coin when they can just keep it all for themselves. Making no promises are probably better than making promises, but keeping quiet in a way is protecting themselves from liability.

For another, any sort of announcement like that might cause people to panic and make wholesale sells or withdraws (given that a lot of users probably won't be aware of what's happening anyway).

18125  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2017, 12:24:41 PM
so AGAIN a proposal

the person closest by new ATH guess to recieve 0.25 BTC  paid direct Wink Wink Wink

come start shooting

Now this is a bit of fun. We've all seen how 2017 has eluded all convention, apart from typically petering off post Christmas every year. I predict the post Aug 1 fallout, if at all, to be a bark followed by a whimper, before a mighty consolidation approaching September. Sentiment, renewed speculator appetites and an entire army of people who've newly entered the market at 1900 will see a lot more volume by then too.

So my wildly optimistic new ATH: September 11 2017.
18126  Economy / Gambling discussion / Re: 🔥🔥110$ MONSTERBYTE daily Giveaway added - Joca97 & Ajaxmoor's Big Picks thread on: July 17, 2017, 11:50:28 AM
$110 per day ? Are you sure about that ? It sounds as if it is too good to be true to me. You know what they say when things seem to good to be true right ? Is it honestly profitable over a long time ? So this can be seen as an investment ? If so then how do bookies make money.

Perhaps if you took the time to read the title and the OP, you'd be making fewer irresponsible comments. The $110 is the value of the tokens given away to winners who make the correct picks. Nothing to lose or invest, other than some of your time. The two tipsters are just trying to promote an ongoing ICO. They both run what appears to be a successful tipster service, to which subscription isn't at all required to participate in this giveaway.
18127  Economy / Service Discussion / Re: Anyone knows the withdraw limits for the following exchanges? on: July 17, 2017, 11:21:49 AM
all exchanger open limit about withdraw
bittrex without level 2 verification only can withdraw 1 bitcoin/24 hour
poloniex without verfification level 2 sending document, only can withdraw 2000 dollar/24 hours

if exchanger without verification i think not open limnit, can withdraw you want
c-cex i think not limit withdraw

Polo is hard to get verified on as well. I sent verification docs weeks ago and still haven't been verified. Others have been in the queue for months (longest I'm aware of is 14-15 months). They also aren't responding to any support requests regarding verification.

Yeah, I've about given up on Polo verification. I haven't needed it since the 2k daily limit has been sufficient, but it is preventing me from making a more serious deposit there. I deposited a substantial amount when I opened in May, but two weeks ago withdrew all of it according to my limit when I realised they were never going to help me with verification and this is only for Level 2. Dread to think about Level 3.

15 months? By the time they get to my docs, it's likely they'll expire!
18128  Economy / Gambling discussion / Re: Game of Thrones - Who will rule? Odds and betting discussion on: July 17, 2017, 09:14:04 AM
I'm one of those who'll wait for the season to end before binge-watching. Such delicious agony to wait and avoid all talk on it. Not exactly a super fan, just find the series entertaining. If the theme is maintained in any fashion:

1. The strongest on paper will somehow capitulate. So that, for me, rules out the Dragon queen.
2. The game of thrones has no end, and is just a cycle that'll repeat itself. To (mis)quote from BG: All of this has happened before, and all of this will happen again.
18129  Bitcoin / Bitcoin Technical Support / Re: how much transaction fee i need to pay per 1 kbyte? on: July 17, 2017, 06:39:56 AM
I'm really not sure about how counterparty works. But for Electrum, your transaction size is being shown to you when you click the "preview" button.

Well, what do you know. I still manage to learn something new every day... for some reason I never attempted to click the preview button before - thanks!
18130  Economy / Service Announcements / Re: [ANN] ChipMixer - mixing reinvented on: July 17, 2017, 06:01:53 AM
Those of you that are getting addresses with coins that were already loaded up days ago, curious as to what the oldest address was (I saw one that was 4 days old). That alone is a huge step above other mixers, as it adds even further separation (mixers do so after they get coins, rather than before).

Absolutely right, it's actually one of the features promoted, makes it harder to trace with time obfuscation. What I didn't know was exactly how long before the mix the addresses were loaded until TryNinja's experience and yours (he had an address loaded 5 days old).

@ChipMixer: are older funds used up first or are they randomly distributed?
18131  Economy / Trading Discussion / Re: Why does every single BTC exchange suck?! on: July 17, 2017, 05:50:11 AM
capacity - servers, staff to respond to tickets and verify - costs money. none of them have invested enough money yet. crypto is prone to massive spikes and then going quiet again. they wouldn't make any money if they had all that capacity sitting around all the time. imagine having 500 staff during the endless $200-250 stage. they would've gone under.

This is all very understandable but it's not acceptable for the largest exchanges.  They've got the money and resources to vastly improve their set-ups but they haven't.  They don't want to take away from the millions in profit they each have sitting in fiat somewhere.  It's greedy and damaging to Bitcoins chance to catch mainstream majority use. 

It seems to be acceptable pattern for any multi-million crypto business these days, isn't it? Look at the job offers by those ICOs raking in more than enough to run a staff of 100 for years, not even paying minimum wage of developing countries.

I'm pretty certain exchangers also try to cut costs with hiring, judging by the quality of support I've seen from some - with all due respect. They should learn how to surge hire using temps and part-timers. Customer service especially is fairly simple enough to outsource.
18132  Economy / Gambling discussion / Re: Wimbeldon Special Challange & free tips thread Sponsored by Betopen.co on: July 17, 2017, 05:42:41 AM
This 2017 Wimbledon is really a surprising tournament for me, I didn't assume that Federer won this grand slam but he made me wrong, it is really astonishing that at the age of 35 he got his 8th Wimbledon and total 19th grand slam. what can be your prediction about Roger Federer will continue or terminate his legendary career.

Federer, Williams, they're all people from my era, Fed being just a couple of years my junior. I suppose they last a bit longer in tennis than in football these days but if he continues to take care of his body the way he has been, I can see a couple more Grand Slams at least, and a lot of strong finishes. I have a feeling he'll find just the right sweet spot to retire. Immaculate professional, that guy.
18133  Economy / Gambling discussion / Re: Wimbeldon Special Challange & free tips thread Sponsored by Betopen.co on: July 16, 2017, 03:20:29 PM
I'd done an early pick for my Fedex to win this Grand Slam (at 35 years old no less!), so I wonder what made me change my mind when I made this pick to choose Nadal haha.

Anyway, great tournament. Cilic was slightly disappointing, as was Williams, in that they didn't put up a stronger fight - but the finals were no less exciting. Congratulations to all the winners, I believe vennali's got the highest scores!
18134  Economy / Economics / Re: Morgan Stanley on: July 16, 2017, 02:27:21 PM
In response to an article negative about bitcoin...

https://thecryptopapers.com/2017/07/14/morgan-stanley-bitcoin-a-poster-child-for-speculation/

It just ticks me off.

What bothers you?  It seems mostly on point and Gresham's law would agree that the more sound currency will be hoarded speculatively until that point that it is forced to come out.   

To nitpick the article, it says "We are required, by law, to use this debt based system."  This is not exactly true, legal tender law only requires us to accept the funbuck in the case of a debtor who only wishes to pay us with the funbuck.  This doesn't mean we are forced to use them.     

Precisely, while the headline is a little unfortunate (the dotcoms were more poster boys than Bitcoin is, really), some of the reasoning in the article is pretty sound. Well, okay, I can pick on the lead too (hasn't fintech always been fashionable to bash?). It's also in line with a lot of the commentary found on this very forum.

Note: this isn't to say I agree!
18135  Economy / Trading Discussion / Re: Bitcoins from AlphaBay on: July 16, 2017, 02:15:14 PM
Right, now that I keep reading about bitcoins being auctioned off after raids and seizures, I would now like to ask if anyone has any idea how we might participate in the bid? I would assume they are being put up in lots, and are open to public, just as police auctions are in my country, anyway. Let's have a chance at cheap bitcoins!
18136  Economy / Trading Discussion / Re: Why does every single BTC exchange suck?! on: July 16, 2017, 12:32:37 PM
Sorry to hear about your friends' experiences... I do agree to a certain extent that some exchangers are built in a such a way that they discourage new users, especially for those outside of the "first world" Western sphere (like Coinbase).

But on the other hand, I've had a relatively easy sign up experience with both localbitcoins (which I almost exclusively use now to sell my coins) and Poloniex (which, to be fair, has processed all my withdrawals near instantly). They both have verification processes which are automated for the most basic level and take less than 5 minutes (email and phone).

It gets a bit more complicated for higher levels but for a casual user I haven't needed more than the daily USD2,000 limit of Polo.
18137  Economy / Gambling discussion / Re: Tennis League All Thread on: July 16, 2017, 11:52:59 AM
Am hoping that Roger Federer doesn't go through the same fate as Venus Williams in today's final, he is one of the finest players currently,  he has shown that age is just a number and playing like he is 10 years younger.

It's tempting to bet on Cilic as the Serbian's got 8 years of youth on his side. I'm still putting my money on Fed, partly for nostalgia but partly also because of the immense psychological hurdle that Cilic's going to have - falling 7 out of 8 times against the Swiss champ. I've seen in so many sports like badminton how this "record" keeps coming back to haunt them.

Cilic will burn bright in first and second sets, but Federer's uncanny ability to persist will see him through.
18138  Economy / Gambling discussion / Re: 🔥🔥110$ MONSTERBYTE daily Giveaway added - Joca97 & Ajaxmoor's Big Picks thread on: July 16, 2017, 11:45:30 AM
Well! Here we are today at the final and my personal pick to win Fedex is in it. We saw two old hands battle it out at the Women's today, and I feel that Fedex has a few more Grand Slams to squeeze out of his career but Cilic will make him work hard for this one. He almost won their last final encounter, but this will be the psychological barrier he will once more fail to overcome.

My pick is a Fedex hard-fought victory against a battling Cilic, just as before.

Cilic vs Federer. Federer to win 2-6, 7-6, 6-4, 4-6, 6-3
18139  Economy / Trading Discussion / Re: Another opportunity to buy Bitcoin at Cheap price on: July 16, 2017, 08:15:23 AM
Yet another buying opportunity comes, and yet another one I have to let go! In fact am about to sell a little now as my regular bills come up. August is still two weeks away. We're going to be in for a really wild time till then. And then an even wilder August. 2017's really turning out to be exciting, isn't it?
18140  Economy / Gambling discussion / Re: 🔥🔥110$ MONSTERBYTE daily Giveaway added - Joca97 & Ajaxmoor's Big Picks thread on: July 15, 2017, 09:19:15 PM
Oh that was a nice pick, comfortable enough win for Monaco even though Stoke hit back with two. But friendlies tend to focus on defence a bit less don't they?

Good record on this thread. Can't wait to see tomorrow's!
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