While you're waiting, why not cut a deal with some of the other people who offered you one? I agree with Roger. Those journalists have no right to sway the crowd's opinion against Roger or anyone else. Thats very irresponsible of them and dirty. On the other hand, Roger, listen to some of the people here who want to cut a deal with you. If youre really serious and confident about the chances of BU that is. |
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In fact, I like this exchange.
But now I know that if there is any problem - support will not help.
Thats reason enough not to like them and completely avoid them. What kind of exchange is that. They hold your money but their support is nonexistent. Its not safe there. Get your money out as soon as possible and dont come back. |
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 Not quite look at the last statistics people are getting it miners are leaving BU pools.. Not quite you say? Look at that chart. Bitcoin Unlimited clearly is going up and Bitcoin Core is clearly going the opposite direction. There will be small daily changes but the trends are clearly already established by just looking at that chart. Dont underestimate it, thats where you lose sight of what to do in case the hard fork really happens. |
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There are some people who argue against the POW upgrade because they say they would preferably go with the ASIC miners than the botnet that hackers are known to be using.
Does that argument not favour a hashing algo that does work with GPUs/FPGAs? Is that even possible without the risk of an ASIC being developed? The argument is about the developers who are proposing the POW upgrade shaking the cage too much. Its either theyre an opposition controlled by the miners or just your ordinary Bitcoiners who hate to change the status quo. |
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https://www.coinexchange.io/ - Exchange, whose support is not responding and does not solve anything. Hooray ! I'm sorry if I made a mistake with the section. I do not understand where to write this topic. What made you use this exchange? Haha. I checked their active markets and the altcoin with the most volume is Bitconnect coin. That alone tells a lot about that exchange and it would be better if you stick to the more popular ones like Poloniex and Bitfinex. If you have a hard time in choosing which exchange to use check this http://coinmarketcap.com/exchanges/volume/24-hour/ |
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~
That is a 15 minute chart and hardly very good for the medium term. Check it again using the daily charts. We have seen it try to go up maybe at least 2 times and the sellers always win.
The funny part is you think it is still going up by looking at the 15 minute chart. Everyone else is already seeing it fall except you. Where was the price of Bitcoin at the beginning of the month? Did it go up or down since then?
the daily charts also show a rise in the previous 3 days leading to your comment from the bottom of $888 to the time you posted (~$986). the dump is a manipulation and a result of FUD, and you can't see that on charts ever. if you follow the news the rise from $1100 to $1250+ was because of the ETF hype and right after the rejection the new FUD about the split started to happen and it is an ongoing thing but the resistance has kept the price from falling under $1000 people see what they want to see, that doesn't make it right. they saw the moon and started FOMO buying up to 1280 and then they saw the end and started selling back down to $888 The previous 3 days? Try too look at how it was moving before that. Since 3/10/17, BTC made lower highs and then hit a new 1 month low everytime it went down. Buying now and trying to time the bottom will be like catching a falling knife. Is that what you want all of us to do? |
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Maybe someone should also propose and provide odds if Roger Ver accepts the trade or not. I think Roger will not accept the trade, he knows he can lose a lot of value if he does. But if he accepts then you have to think that he knows something about BTC going down. The Chinese miners killing it perhaps?
None of you understand what is going on. There is no way for Ver to accept such a bet. And the exchanges ARE the bookeepers, and they can't legitimately set this bet up without a fork. And so NO ONE is going to seriously take the position that Ver is going to put his fortune on the line for this. No such market can exist because there is no place to throw ones money away betting on Ver and no one would throw their money in such a black hole anyways. It's all bluff. Keep in mind, I am the best poker player in the world: https://thewealthofchips.wordpress.com/Then should we be confident that Bitcoin Unlimited will fail in the end? If Roger Ver cannot put where his mouth is then we know that there is an expectation that it will. Roger Ver should put up or shut up. Bu has already failed. Too much buggy. They have a President too. Fully Centralized. They will never reach minimum Hashrate to Fork. Big Blocks is just a cover to earn more money. With Bigger Blocks Big Pools will recieve More fees & small Miners will struggle & they will eventually shift to BTC again.. Where have you been? Bitcoin Unlimited has been reaching 40% the total hash power for the last 2 weeks and its still going up. Segwit has not reached 30% since the day it was released last November. Clearly theres a conspiracy but saying it will not reach the minimum hash power needed is stupid because theres a chance it will. |
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That is your point of view yes, but what about the rest? Will they follow the people who can secure the network or will they follow the new POW upgrade and take the road less traveled? It will be a hard decision but I think the majority will follow the safer road.
If these people believe in security by being under a racket with full control over their currency, let them have their coin. I didn't need BTC for that. AFAIC their presence is a liability, if they get to influence the decision process. By that I assume you mean the big Chinese miners. Wasnt the specialization of mining a part of the natural evolution of Bitcoin? There are some people who argue against the POW upgrade because they say they would preferably go with the ASIC miners than the botnet that hackers are known to be using. |
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Thank you all for your feedback and comments. There's alot of different views on this, at this stage perhapes i'll hold off and just buy and hold coins but ideally i'd like to contribute to the cause.
Thats a very good choice. Dont support the schemers by buying into their scams. The more people they can trick in giving them your BTC the more of them will be set up to scam a new group of newbies. Dont give in to them. |
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There is collateral damage.
But the trade-off is this: allow a certain attack from a malicious actor or potentially allow cheaper-than-usual attacks from unknown actors temporarily.
Right now the mining cartel protects us from any other potential attackers in terms of hashing. Still, not an acceptable situation.
If theres a POW upgrade what will happen to the Chinese miners? Will it be possible for them to continue to mine using the old SHA256 and fork away from the upgraded POW algorithm? I think that would be a losing move for the current developers and the ones behind them. They can try to keep their fork alive but who wants to use a crypto completely dominated by 4 odd dudes from China? Maybe Roger and a few other lunatics? Win-win. That is your point of view yes, but what about the rest? Will they follow the people who can secure the network or will they follow the new POW upgrade and take the road less traveled? It will be a hard decision but I think the majority will follow the safer road. |
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Maybe someone should also propose and provide odds if Roger Ver accepts the trade or not. I think Roger will not accept the trade, he knows he can lose a lot of value if he does. But if he accepts then you have to think that he knows something about BTC going down. The Chinese miners killing it perhaps?
None of you understand what is going on. There is no way for Ver to accept such a bet. And the exchanges ARE the bookeepers, and they can't legitimately set this bet up without a fork. And so NO ONE is going to seriously take the position that Ver is going to put his fortune on the line for this. No such market can exist because there is no place to throw ones money away betting on Ver and no one would throw their money in such a black hole anyways. It's all bluff. Keep in mind, I am the best poker player in the world: https://thewealthofchips.wordpress.com/Then should we be confident that Bitcoin Unlimited will fail in the end? If Roger Ver cannot put where his mouth is then we know that there is an expectation that it will. Roger Ver should put up or shut up. |
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The answers here are laughable. It just shows that almost everyone here talks a lot without knowing a lot about the subject. This is the age of Google people. An easy search will bring you the right answer.
Right now it would be stupid to use range trading as a strategy because BTC is starting to trend lower and lower. It can only be applied if something is trading sideways.
the laughable part is that you either don't know what the words "trend lower and lower" means or you were too lazy to check the price before making this comment. or it is possible that you though if you say this, your comment can have an effect on the trend and reverse it so you can get in since you missed the train since price was already about $86 higher than the bottom!  That is a 15 minute chart and hardly very good for the medium term. Check it again using the daily charts. We have seen it try to go up maybe at least 2 times and the sellers always win. The funny part is you think it is still going up by looking at the 15 minute chart. Everyone else is already seeing it fall except you. Where was the price of Bitcoin at the beginning of the month? Did it go up or down since then? |
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I found many members here not positive on cloud mining. Is that I'm lucky enough that I earned around 0.02 from it. Of course I've quit already now  .02 BTC is not worth it and how do we really know youre really telling the truth? How long have you waited to earn it and how big was your investment? Then finally give us your proof of earnings to make us believe you because you might be a shill account for all we know. |
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There is collateral damage.
But the trade-off is this: allow a certain attack from a malicious actor or potentially allow cheaper-than-usual attacks from unknown actors temporarily.
Right now the mining cartel protects us from any other potential attackers in terms of hashing. Still, not an acceptable situation.
If theres a POW upgrade what will happen to the Chinese miners? Will it be possible for them to continue to mine using the old SHA256 and fork away from the upgraded POW algorithm? I think that would be a losing move for the current developers and the ones behind them. |
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Maybe someone should also propose and provide odds if Roger Ver accepts the trade or not. I think Roger will not accept the trade, he knows he can lose a lot of value if he does. But if he accepts then you have to think that he knows something about BTC going down. The Chinese miners killing it perhaps?
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how can i work out the current resistance support levels for bitcoin ? any advice would be appreciated
you can use tool pivot point can known resistance and support levels bitcoin price but not prefect 100% accurate, still use another indicator can known trend You cant rely on these tools and expect to be a profitable trader. Thats because its not only you who can use these tools to gain an advantage, everyone can. If thats the situation then some wise traders can take advantage of you because they know what you know and nullifying your strategy. |
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No, youre not missing anything. Bitcoin will surely hardfork to Bitcoin Unlimited before this year ends. Its slowly gaining the numbers and its trending to > %50. When it reaches that stage it will not be a case of if anymore but when. Although Ive heard about an emergency POW algorithm upgrade that will put a stop to all this.
Be Interesting to see who the Public Trust More China with the ASICS or Hackers with their Botnets (Because they have access to the most CPU power.)  Hehehe. It will be hard to speculate on something like that because we dont know what kind of POW algorithm will replace SHA256. I hope it will be something more energy efficient if thats possible. For the public's trust it would be better to be safe and hold both coins. One of them is deemed from money anyway. |
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Well, they are 100% legit because they are producing antminers. Also they don't offer lifetime invest like genesis, you can sell your GHS anytime you want. One problem is that GHS price is changing sometimes and when selling, hashnest takes some percent as a fee.
If you invest, don't be afraid that they will scam, this won't happen but your ROI will be very low. Another way here is to trade with GHS.
Can you personally guarantee that it will be profitable? How? Do you have firsthand experience in dealing with Hashnest? Please post your proof of earnings here in the thread. The reason Im concerned is because Crewbear is a newbie and hes willing to invest 35,000 pounds. That amount of money is big enough to hurt if he loses it. Crewbear, be patient and wait for a good entry price for BTC. It will be the best investment of your life. |
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The answers here are laughable. It just shows that almost everyone here talks a lot without knowing a lot about the subject. This is the age of Google people. An easy search will bring you the right answer.
Right now it would be stupid to use range trading as a strategy because BTC is starting to trend lower and lower. It can only be applied if something is trading sideways.
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No, youre not missing anything. Bitcoin will surely hardfork to Bitcoin Unlimited before this year ends. Its slowly gaining the numbers and its trending to > %50. When it reaches that stage it will not be a case of if anymore but when. Although Ive heard about an emergency POW algorithm upgrade that will put a stop to all this.
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