"in time of trouble" anything will perform poorly and bitcoin was no exception. and the market being small, things become bigger at times like this since the smallest panic can send the price low.
the important thing is to analyze the performance in long term not in short term. for example with altcoins if you look at short term you sometimes will be fooled by how well they are doing. for example the most random altcoin goes up 90% in one day! but when you look at the bigger picture like a year you can see that small rise was only in a short period of time and never lasted.
interestingly the exact opposite is true with bitcoin. it is as if you took the altcoin chart and reversed it. bitcoin has big drops in short term and they never last. a small dip and then rising all over again.
|
|
|
that thing between these two was more of a joke not a real thing. and i am sure nobody would dump bitcoin for BCC even Roger Ver himself. bitcoin is way too valuable, established and rising to give up. it is not a random pumped altcoin that you know is going to fall at some point. it is a solid rise which will only continue up in long term. with BCC, it doesn't matter how good he thinks it is, the future of it is shaky at best.
|
|
|
i don't see why this is news worthy and reported like this! when you sign up on exchanges and most services regarding bitcoin (or most other moneyz) they have a clause in their terms that you also agree saying something like this: "if asked we will cooperate with authorities and give them your information that we saved".
so bitcoin not only support privacy but also support nudity i am not sure what you exactly mean but a centralized third party service working with fiat and according to fiat rules (an exchange here) does not represent what bitcoin support and doesn't support!
|
|
|
Hey guys, let's keep the discussion about the price of Bcash in this thread. So no crypto politics or 'my coin is better than your coin' type of arguments.
you've already made it political by calling it Bcash ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) i don't know why but their followers are pretty worked up about this name for some weird reason... I'm starting to get intrigued with Bcash tbh (from a trading perspective). Do you guys think it can go after Bitcoin?
there is nothing to be intrigued about at this point because it is not being traded under normal circumstances which makes any attempt for a serious speculation pointless in my opinion. first the blocks need to become stable and the risks go down then the exchanges have to open up deposits then people have to find easy and not scary ways of moving their coins to exchanges and things become normal-er then we can start speculating.
|
|
|
it is a high risk move but it can work. and you can easily know the answer to your question you know. just go look at the history of all altcoins so far, check their charts for big dumps when they drop drastically in a short period of time then see what happens afterwards and how much (if at all) they come back after the crash. then study multiple of these scenarios to see what happened and why. then you can get a good feeling of the market and make a better informed decision.
|
|
|
Second Fork? The segwit activation is not a fork. I think you can ignore this "warning" ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) you should put OP and that other xbiv2 account (which also probably belongs to OP) on ignore. he is just spreading bullshit all over the forum for some reason and he is not even doing a good job at FUDing ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
i don't see why this is news worthy and reported like this! when you sign up on exchanges and most services regarding bitcoin (or most other moneyz) they have a clause in their terms that you also agree saying something like this: "if asked we will cooperate with authorities and give them your information that we saved".
|
|
|
sorry to say this but you bought in the bubble and now you have lost a lot of your money. Dogecoin because of the way it is designed and the huge supply and many more, is not going to have a high price in the future. there is a possibility that it can get pumped some more times like in the past but don't expect anything big out of it.
if it reaches 10 satoshi i wouldn't be surprised at all. you have invested 0.0154BTC which was around $30 probably less so you are not really in bad shape now. you can hold it for the day it comes back or you can bite it and sell at a loss now.
|
|
|
haha, you can not arbitrage with BCH now. that will kill you. not only that these sites don't allow withdrawals but also the blocks of BCH are rarely found. you may end up waiting for a couple of hours to half a day for only 1 confirmation and some of those who have deposits require 20 confirmations.
and obviously as others said don't send coins to another wallet!
|
|
|
apart from 1 or 2 countries which clearly said bitcoin is illegal (one that i remember is Bangladesh) the rest have nothing against it. bitcoin is legal there. what it is not is bitcoin is not regulated. it is a little different. the coin.dance website actually has some good information on this topic in their politics section that you can look at. and the reason is usually because they are either not sure yet or the adoption is nowhere near big to start talking about regulating it.
|
|
|
I was curious about why FBI seized BTC-e. What is the reason behind the seizure of BTC-e by FBI?
they have arrested someone who has been involved in multiple crimes including money laundering. they say that someone is also involved with btc-e as in being the owner of it. we don't have much information but that is why they've also seized btc-e btc-e made an statement (hard to understand in Russian!) but is sounds like that someone had little to do with btc-e https://bitcointalk.org/index.php?topic=2056158.0I want to invest some serious money in to BTC & ETH and I don't want to lose my hard earned money to some funks called FBI.
i fail to understand the relationship. i believe there weren't even any ETH market on btc-e! Is American Government and FBI against the use of bitcoins and cryptocurrency or what ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) LOL
|
|
|
there are a lot of "what ifs" in reality that makes your head spin. my favorite one is claiming bitcoin faucets back in the early years or just receiving 100 BTC or something like that as a giveaway from someone trying to introduce you to bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) and i am very happy that i am now a part of one of those "what ifs". the what if saying "what if you bought bitcoin when it was $200" and i did do that and now that $200 is worth $2700 and heading for more.
|
|
|
but i have a feeling that we will see something very different. now with bitcoin's problems solved it is starting to rise up and build up the volume. and whenever that happens the altcoin market starts entering bear mode.
also if you are one of those people who think BCH is going anywhere, then it is even worse for altcoins because now there are 2 big markets that is taking all the money in themselves!
|
|
|
bitcoin cash is the same as bitcoin as far as mining is concerned. so it is using the same ASICs for mining. also you should have in mind that the difficulty is still pretty high and blocks are rarely found (1 hour on average) and the reward is 12.5 BCH which will be distributed among those who connect to the pool and BCH price is pretty low compared to bitcoin. (300-400 compared to $2700).
|
|
|
nothing has changed about bitcoin. the spam attack has stopped for about 3 weeks (more or less) and fees dropped to normal levels and the soft fork time is not yet here.
the other fork which created bitcoin cash is not in a normal state so we can't really talk about it. so far there have been a small number of blocks because of its low hashrate and each of those blocks (which were supposed to be 8 MB) are about a couple of 100 kilobytes! if you want to see the fees there, you need to wait at least 1 month and see how things will change. so far bitcoin miners are rejecting transactions that have low fee even if the mempool is empty and they mine empty blocks! lets see how the same miners act on the other chain.
|
|
|
well timing is so important. right now there is no option to deposit BitcoinCash on exchanges so there is no dumping going on. but i fear the time when they open the deposits and people start pouring in their free BCH coins they just got and price drops a little. then that little drop causes a panic when people think to themselves "this is it, this is the end" and start dumping and price drops big time.
|
|
|
if you look around you'll see almost everyone is talking about selling BCC as fast as they receive it. this means if half of the people who claim they will sell, do actually sell the price will drop hard.
this simply means selling sooner is more profitable and you should act on it. i will probably try buying some back after a couple of weeks if it still was alive and i feel like it has reached the bottom just to make some quick short term profit from the dead cat bounce that happens after each massive dump.
i don't expect anything from BCC in long term but we'll have to wait and see how much they can pump and dump it.
|
|
|
if mining is all that you are interested in then your question is very weird! because it has nothing to do with "the coin being the future".
for mining to be profitable you have to look at a couple of factors: 1. how difficult it is to mine that coin. the difficulty of the coin for example. 2. what equipment does it need. for example some coins can be mined with CPU, some with GPU, some need ASICs. 3. the price and how it moves. if you mine a coin with higher price or something that is being pumped you make a lot more than a coin that is cheap or is one the dumping spree.
take all that and deduct your costs like your electric bill, and you can get a good feeling of which coin is best to mine. there are websites that help for this too. like coinwarz. use google to find more of them.
|
|
|
attempts to "rebrand" Bitcoin Cash won't work and look pathetic
a very good point lies in your topic here. it is starting to look pathetic. all the attempts to "rebrand" bitcoin and call it weird names is not going to work. bitcoin will remain bitcoin it doesn't matter how many different individuals or small groups of people fork from it. you can create as many forks as you want and name them "bitcoin A" to "bitcoin Z" and everything in between, it won't make them bitcoin. it will make them an altcoin which is taking advantage of bitcoin's name.
|
|
|
Their statement says Alexander Vinnik has nothing to do with their service. I'm fairly sure that part of the statement is a lie. Why would you believe anything they say right now? Personally, I'll only believe they're coming back/repaying users once everyone has been repaid.
yeah. i agree. this is more like a glimmer of hope rather than believing them. they at least made an effort to communicate with their users, not just go away into hiding completely. they were always anonymous anyways.
|
|
|
|