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1821  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: August 22, 2017, 11:39:26 AM
Bitcoin transaction fees are fair. They are actually the best you can find anywhere for the kind of transactions you make online. Take a look at paypal charges or payoneer and you won’t need an omega to prove to you that the fees are the best.
What are you even talking about? PayPal's fees really depend on the situation. If you're sending to a family member the fee could be a couple of cents but if you're sending to something else it can take up to a dollar (which is completely fine). But when it takes up 12+ hours  to receive as little as 1 confirmation with a 1.13$ fee something is wrong. I  probably have to increase the fee to 2$ to get it to confirm today.

the bitcoin fees are "necessary" even if they seem unfair at times.
you always have to consider everything not just what you like. of course we all love free translations that are confirmed in a blinking of an eye but we can't get everything we want in life. there are always people exploiting the system (the spam attack) and ruin it for all of us.
1822  Bitcoin / Bitcoin Discussion / Re: Bitcoin as Online Gaming Currency on: August 21, 2017, 11:58:00 AM
in my opinion it is never good to mix games with real money. that will always lead to taking all the fun out of the game because there will be farmers all over the game who will try their best day and night to "farm" items, use any exploit,... and fill the market with those items and earn money from doing so.

but if the items are like a secondary thing to the game, like just cosmetics then it is ok. and there are currently marketplaces (like the steam marketplace) that already do this but with the account balance which is money but not-withdrawable.
1823  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Any altcoin which is less than $10 dollar right now and will be bomb in future? on: August 21, 2017, 11:48:15 AM
like bitcoin? no way nothing has so far had any kind of rise like bitcoin. because for the most part most of them have no usefulness in real world so they are treated as toys for traders.

like ethereum? not possible so far either. because ether guys are good at pumping it and advertising it. they have lots of funds for it too. and they also have deep pockets. nothing can come close to it.

like bitcoin cash? it hasn't been around enough and has not yet really had any decent rise so we can talk about it. it just had a big pump because of its difficulty and that is it.

and to answer your question, most coins that have been around for a while and are still below that price will never go up at all. there is a reason why they are that low!
but new coins may have a chance of bigger pumps. which one? it is hard to say, most of them certainly have the potential anyways.
1824  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Rise : Stolen Funds moving into XMR on: August 21, 2017, 11:40:30 AM
things are getting too obvious sometimes. a very mediocre news about some altcoins starts and then they use it as a pumping fuel for the rocket to push the price up high. and this is one of the most classic cases of this kind of pump, people FOMO buy it and then they even forget why they did it in the first place.
1825  Bitcoin / Bitcoin Discussion / Re: Bitcoin Hard Fork Part 2 on: August 21, 2017, 11:33:26 AM
panic has always been a part of bitcoin, the only thing that changes is the reason for that panic. and it is always the idiots who panic and their first reaction is to dump. it is like they have a big red button that says dump on it and they press it as soon something happens!
1826  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Chart of the Day on: August 20, 2017, 05:59:29 PM
may i ask what the point of your topic series are?
don't get me wrong, i love it when people add a chart and some thought to their topics. i just wish you added some speculation too, as it talking about what way these charts go rather than just reporting what has happened so far!

and by the way try to use other exchanges instead of Yobit, that place is really horrible.

and let me quote it so your pic shows up  Roll Eyes

1827  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin on the rise so what is the future of altcoins on: August 20, 2017, 05:50:54 PM
Still altcoins did nor recovered from the July 2017 dips.

that is because the altcoins were in a huge bubble that needed bursting. and the bitcoin price rise in July was just an excuse for the dump to speed up.

generally speaking when bitcoin price rises, altcoins get dumped hard. but that doesn't change their future. they will remain the same pump and dump thing. and eventually when bitcoin market became calm they start pumping again.
that is one of the reasons they say this market is all about timing.
1828  Alternate cryptocurrencies / Altcoin Discussion / Re: I am now almost a billionaire because of Vitalik on: August 20, 2017, 05:43:17 PM
this topic is most probably a joke addressing the couple of other similar topics saying the same thing for another altcoin.

they are all funny because they don't realize that what they do is a warning! warning others that do not invest in the coin we invested in because the good times are over and we are the ones who got the pumping profit.
1829  Alternate cryptocurrencies / Altcoin Discussion / Re: Is "Bitcoin Cash" in a position to become better than BTC? on: August 20, 2017, 05:30:52 PM
Flame throwers off, please, this is a question:
you keep calling bitcoin a bubble and talk about its doom and now ask for my flame thrower off Cheesy
ok let me find the off switch Wink

Quote
Lower fees
all the altcoins that i have seen so far have lower and much lower fees than bitcoin cash.

Quote
Faster transactions
blocks are being mined at the same speed with bitcoin! 2016 blocks in nearly 2 weeks IIRC. and they both suffer the same flaws that enables a spam attack when they gain enough adoption and people start making more transactions.

Quote
The media (sometimes) calls it a 'split', not a fork, which is sad but almost LOL funny?
media calls different things different names from time to time, it is just media!

Quote
Free money for the rich and nothing for the poor = Sounds just like the real world.
what does this have to do with your question?

Quote
Mostly based on...
Lower fees & Faster transactions:
Is "Bitcoin Cash" in a position to become better than BTC?
no. because the transactions aren't faster and the 8 MB blocks can be filled so much easier than you may think and we will be right where we started 6 months ago but the difference will be blockchain is 8 times bigger now (currently about 140 GB).
1830  Bitcoin / Bitcoin Discussion / Re: Should I NEVER discard private keys even after spent? on: August 20, 2017, 05:22:52 PM
for not only this fork (bitcoin cash) but also for any other future fork or even any future airdrop coins that happen to be giving away some coins for free to bitcoin hodlers, you will only need coins at a specific block height.

this means if you want those free coins you should only keep your empty private keys for a little while.

for example the longest chain is at height 481420 as of writing this. if an air drop happens in this week it won't be at a block height 481200! instead it will be at 481500 for example. so if you spend your coins today, you can discard the private key in a week for example.

i can't think of any other reason for keeping them for any longer though
1831  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 1 BCH = 1 BTC before end of august? on: August 19, 2017, 11:28:15 AM
If miners leave for BCH, difficulty will increase which in turn will reduce difficulty for BTC (pulling miners back again). I don't think the majority of miners will flip/flop like that.

it is not just the difficulty. right now mining bitcoin is ridiculously profitable. they are earning about 13-14.5 bitcoin per block and that is worth $54,000-$60,000 per block. and price will stay up and the swings will be 10-15% at worst case scenario.

meanwhile in bitcoin cash they earn 12.5-12.8 BCC and that is $9,000-$10,000 and that is while the swings are crazy as big as 60-70% loss in one day.

a miner getting the reward for bitcoin can be sure he will get the $60K when the 100 block period passes. but the miner mining BCC can not be sure he gets $10K when the 100 block passes. by that time price may be back at $200 again.
1832  Alternate cryptocurrencies / Altcoin Discussion / Re: BCH not only survived - the difference to Bitcoin? on: August 19, 2017, 11:19:43 AM
... Now the first block is made ....the technology of Bitcoin Cash. ... weaknesses of bitcoin in technology?

are you high or something? what are you even talking about?

the first block was mined ages ago! not today!

"the technology of bitcoin cash"?!!! what the hell is that exactly? it is the same technology as bitcoin, literary the same but with a bigger block. and the size of the block is not a technology!

and your title is the worst of all! "survived"? i have nothing against bitcoin cash but it is not even 3 weeks yet! a lot of people are saying bitcoin will die even after nearly 9 years and here you are calling something that has not even existed for 3 weeks "survived"!!!
1833  Alternate cryptocurrencies / Altcoin Discussion / Re: Eth worth the investing? on: August 19, 2017, 11:13:55 AM
look at the charts and the crazy swings that ethereum has, that should answer your question pretty well! see all the small pumps and then followed up by a big dump. that is what will happen to if you invest, you will get caught in a dump.

there are currently a lot of lower risk investments in the altcoin market with more profit. why choose a high risk one?
1834  Bitcoin / Bitcoin Discussion / Re: What is best cold storage for bitcoin? on: August 19, 2017, 11:02:52 AM
it depends on how much you are willing to spend and how much work you are going to put in.
you can simply buy a hardware wallet and store your bitcoin in it. but it is going to cost you and the prices have gone up because of increasing demand for hardware wallets.

you can also create a paper wallet with bitaddress.org on your own but that requires some additional work, like downloading it from source and running it on a clean offline computer and then securely print it in a way that it is not damaged over time and maybe encrypt it so noone can simply read and use it!!
spending from a paper wallet is harder than a hardware wallet too.
1835  Bitcoin / Bitcoin Discussion / Re: My $50 000 Bitcoin bet on: August 18, 2017, 11:54:56 AM
that article is full of flaws. and it is created to advertise bitcoin cash not have valid arguments in my opinion.
first it is calling how difficulty works a "flaw" but disregards it when it comes to bitcoin cash which is copy of bitcoin. the exact same thing is true on BCC too. if miners switch to BCC just because it was pumped and became profitable and the price falls after a pump they start losing money but now the difficulty of BCC has also went up, they switch back to bitcoin and leave BCC hanging at high difficulty and low hashrate again with long block times.

then it has a 100% irrelevant paragraph right in the middle which has nothing to do with the topic at hand!
it talks about bitcoin mempool which has nothing to do with the difficulty, mining, blocks time,... hence proving my point about it wanting to advertise BCC.
and again that issue was caused by a spam attack which is inherently available in BCC also.

Your Friend is right,
ASIC miners will go wherever the profit is greatest , within a year or so that will be Bitcoin Cash not Bitcoin.
why?!!
1836  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's going on with Ripple ?... on: August 18, 2017, 11:38:28 AM
about a month ago someone said XRP will reach 4000% and dominate shit ans stuff. price was still above 7000 satoshi by that time.

i made the following chart from back in 2015 and the fist big pump of Ripple. and said the same thing is happening again. now we are about 1 month after the point i highlighted in below picture:



and it will continue down this path towards the 2 digits again. currently at 3500 satoshi

ref: https://bitcointalk.org/index.php?topic=2045168.msg20396991#msg20396991
1837  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How? on: August 18, 2017, 11:28:39 AM
is it possible? yes of course.
can we know before it happens? yes but not that long before.

there are reasons for altcoins rising. most of which are pumping reasons. if you can gain enough experience to see why some coins rise you can also figure out those rises and make profit from them.

for example the ICO thing for ethereum was a clear pumping reason. before the pump happened you could see all the new ICOs start up and each asking for absurd amount of money, the money that could only get in through ETH tokens = obvious pump = good opportunity before it starts meaning buy at 0.007-0.01BTC IIRC

or the NEO name change was kind of an obvious pumping opportunity. you could have gotten in before it happens.

there are also some stuff you can read from the charts too. as i said it is all experience it is not something that fits in a comment.
1838  Bitcoin / Bitcoin Discussion / Re: Future transaction tools on: August 18, 2017, 11:15:38 AM
With the rapid development of bitcoin. Do you think bitcoin is capable of being a future transaction tool that will replace the current transaction system?

with on-chain transaction we will always have the blockchain size problem unless someone makes some crazy innovation to shrink the size of it drastically or make some innovation in storage and internet front so it becomes easier to handle that size.

with off-chain transactions it seems possible but they are not as good as on-chain bitcoin so far as i have seen!
1839  Alternate cryptocurrencies / Speculation (Altcoins) / Re: bitcoincash is around 527.74$ now! on: August 18, 2017, 11:01:38 AM
Mabye exit p&d?

i don't think so. it is way too soon for it.
this pump is mostly because the market is way too small and it has a big news coming up in a couple of days with its next difficulty readjustment and they have been advertising the shit out of it!

no complaining though, i caught some of this 70% rise and made a good profit from this pump Cool
1840  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is there potential for ETH and NEO to rise further on: August 16, 2017, 02:03:06 PM
NEO right now is like ETH when it was 7 months ago and the price was low as 0.007BTC.
by then ETH had all the potential to rise and it did fullfil that potential and now it is still in a bubble. and when a coin is in a bubble no matter how much you manipulate it, you can't push it higher.

NEO is fresh and full of potential for growth right now. it already have a very good performance and there is a lot of money in it.
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