sorry to disappoint you but the 2015 big pump is repeating itself here again. and we are here that i marked on the charts. after a bubble in the uncertain period when people think there is still hope and are still buying into the bubble while whales are getting ready to start dumping as soon as number of bids grew more.

and you guessed it right the bottom of this bubble burst was 900 satoshi

it has already been proven that when bitcoin drops altcoins, specially ethereum drop even harder. we saw the recent bitcoin drop and that caused ethereum to lose a great deal of its value and then bitcoin recovered but ETH stayed low.

in any case on August 1 there will be SegWit activation with 100% support, i don't foresee any troubles at all. the BCC drama is mostly methods for manipulators to make more money than it being serious threat.

i only support 1 cryptocurrency and that is obviously Bitcoin.
because i understand it, i trust the code and looked at some of it, i also believe in its future.

at the same time i understand ethereum, i do not trust it, i have looked at its code to some extent and i don't believe it has any kind of future. which is why it won't get my support.
i believe there are other projects that are doing practically the same thing as ethereum and they are doing it so much better.

i have to agree. and sadly it is causing a lot of turbulence in bitcoin world, a little with price and a lot of it is affecting people who are starting to become uncertain again. of course it is nothing like before and BIP148 split risk because BCC has little support, but it is still a big drama!

the worst part is, everyone considers it an altcoin and yet they insist on forking from bitcoin instead of starting a brand new, "from scratch" cryptocurrency and use it to implement their ideas.

Hope?!!
there is no room for hope in this world. you either make a cold logical decision and stick to it or you end up losing money each time you emotionally decide to buy on top and sell at the bottom.

i am Hodling my coins, no matter what. a drop means i buy even more. for many of us are Hodling the profit in bitcoin not in fiat.

bitcoin
with activation of SegWit there is a good chance for a big rally. specially with all the money that BCC will pour into BTC!

but you should already know that cryptocurrency market is an unpredictable market. and most of the time with bitcoin rise altcoins get dumped.

i currently have invested in bitcoin (obviously), byteball and litecoin and if LTC goes around 0.015 i will invest a significant additional amount in it.

anything else for me is temporary. for example i saw a coin called PAY today on bittrex rising. i got a very lovely 15% profit from it.

don't look at yobit much, it is very unreliable. i can even say all the numbers on there are a lie.

this is because this market is still small, specially when it comes to altcoins and the small altcoins. there is so little demand. and consequently it becomes very easy to manipulate it.

the volume in a candle is the order that was filled.
lets say the sell orderbook is like this:
price(BTC)-------- volume
0.010-------- 100
0.011-------- 40
0.012-------- 200
if all these 3 gets filled price rises to 0.012BTC and the total volume is 340 unit of that altcoin equal to 3.84BTC which is the total of orders filled (0.010 * 100 + 0.011 * 40 + 0.012 * 200)

what makes you think using blockchain technology prevents this?
i don't know how true this story is but government has access to all these information in a database, using blockchain technology only changes that database and they can do with it as they please!

it is not 5+ more, it is 5 times more.
it means if you were running a full node for example and receiving transactions and accepting them with 1 confirmation, now it is best to wait 5.
if you were for any reason receiving large amounts for example, and waiting for 3 now it is best to wait for 15.
if you were running an SPV wallet and waiting for the suggested number of 6 now it is best to wait for 30

your bitcoin won't get lost. if the block is orphaned as Fox said the transaction becomes unconfirmed. the chances is that the same transaction will be included in another block which is on the main chain. but it may just go back to mempool and stay as "unconfirmed" so the sender can potentially double spend that.

i explained the numbers above.
also the number of unconfirmed transactions has been low like this for a while now because the spam attack has stopped.

i think a more correct term is confirmed on an "orphaned chain." because things are much more complicated than that. i am not 100% sure on the details but, miners do a lot of spy mining, so there may be a block that doesn't signal so it should be orphaned but because of spy mining and them not verifying the block they don't know it and build on top of it. it can become even a long chain and your transaction may very well be on the 2nd, 3rd, ... 5th block that is even signaling correctly but built on top of a rejected block hence a long orphaned chain.

you are making two big wrong assumptions.
the first being bitcoin is only being used in darknet, which is wrong since that usage is very small and negligible. and instead the rest of the usages you listed has been growing.

the second assumption you made is that people are using bitcoin just because they don't want to pay taxes! first of all there is nothing wrong with paying taxes, if you have problems with that then you have problems with some fundamentals of society.
secondly there are a lot more to bitcoin than just "tax evasion"! there are lots more. things like removing third parties as @Xavofat mentioned. things such as reversing the "trust" part between merchants and customers as the white paper mentions. or the fact that you have 100% control over your money in the safest manner possible.

the problem with this method of purchasing bitcoin is that the sellers have to worry about fraud. the stolen cards that can mean the money being charged back (reversed) and since bitcoin has no charge back they have to take the precautions and ask for verification.

the ATM suggestion seems the only left method but it won't be "cheap"

BCC is not exactly a split, it is like an altcoin that is taking a snapshot of the bitcoin blockchain at a certain point and then builds on top of it. the difference here from the usual altcoin airdrops which take snapshots is that you have to do something to receive that altcoin but here you already have the coins on that chain.

now here is the problem. this chain will have many issues. no developers support, this means weaker code (the code that they add in the future), and because of that no support from the community and because it is "giving away" free coins, there will be a huge dump in the start because people see the price dropping and start dumping to get the biggest profit out before the price reaches the bottom. (see what happens to price of altcoins after airdrop or after ICO release, ...).
also this chain will have a huge difficulty with so little hashrate. slower blocks, easier to 51% attack, ....
and when prices fall, mining will become less profitable. with lower price miners won't go there (or if they are already there, they will leave) and hashrate will go even lower and making things even worse.
this chain will have a much smaller number of nodes, a lot of different attack vectors.
also there will be replay attack.

i really can't see this BCC go anywhere!

this is not at all like ETH/ETC split. by that time, things were rushed in ETH split and also people and miners wanted the original chain and didn't want a "roll back to save ass" hard fork.

this may be good for bitcoin though! imagine you have 10BTC, you get equal amount on BCC and even if you can sell it for $400 (that is assuming you are not losing it in the replay attack) you can gain $4000 and buy ~1.48BTC and price of Bitcoin will go up as new fiat is being injected in.
and if you act fast on selling BCC you may even catch a higher price to sell it and a lower price to buy BTC before it breaks $3000

it shouldn't.
because BIP148 was meant to activate SegWit "by force"! meaning by rejecting the blocks that weren't accepting SegWit and orphaning them. and so far SegWit is being activated and hopefully before the deadline of BIP148 everyone is on the SegWit wagon. (currently this is above 95%) so there would be nothing to reject and nothing to worry about.

i was not using their website, i was reading it from my bot GUI which is getting it through the API call
https://bittrex.com/api/v1.1/public/getorderbook?market=BTC-GBYTE&type=both&depth=50
and i am calling the "Quantity" field as "volume" and "rate" as "price" because it makes more sense to me in the table.

you said monero is the "most" secure cryptocurrency. none of these are the reason. and these are also true about most other altcoins too.

and for the record i am not saying Monero is not safe, i was just looking for the reason why you said the most!

this means the best/most anonymous coin.

well the argument is not with me, i agree. it is just seems like nobody else does. people don't care about this much anonymity.

---

if profit is all you care about then invest in a pump and dump shitcoin and enjoy the 1000% rise in half a day and be fast because otherwise you will be burried under the -99.99% dump

define secure and how security of monero is different than other cryptocurrencies. lets say bitcoin for example

you have already answered your question with these 2 points. and on top of that is the adoption, when a coin has no usage (apart from some scattered darknet usages) people will only invest in it. and these "people" are traders only.

please don't bash things you don't understand.
bitcoin is the most secure cryptocurrency in both code and network. and i am genuinely looking forward to reading what you have to say to my previous question.
it is private, and it gives you a good level of privacy and privacy is a bit different from anonymity
bitcoin has never supposed to be 100% anonymous. that is why Monero exists and why we use it when we want more anonymity. but nobody promised bitcoin is anonymous. if you heard it from someone, that person was confused.
bitcoin is fast enough and it has been cheap over the course of its existance which is nearly 9 years. if your whole measure for bitcoin fees is the previous couple of months only then your measure is wrong. and fees are "super duper" low again.
and i would love to see how Monero will work under different types of attack.


i agree with most of this part and it is sad. the altcoin scene has turned into an ICO machine that creates useless junk and platforms like etherum has made it easy and is gaining an undeserved attention while good projects like Monero are going unnoticed.

thanks a lot. this was very helpful, specially since i am a bit scared of testing new stuff. right now my Bytes are sitting in the wallet waiting for me to go test things out

2 Questions:
who receives the fees?
i understand there is no miner, there is no blockchain, it is DAG (i have skimmed through the concept before). so who is receiving the fees we include in our transactions?

Bittrex for example shows the volume as a decimal number for example:
Volume: 0.09344973
price: 0.20099963BTC
is the top open ask order there
how much is 0.09344973 in byte terms? 09344973 byte or 093449730 byte as G (Giga) is 10^9
(from previous comment i think the second one is true, but just want to confirm)

you are not using USD to STOP quoting things in USD terms!
and merchants that are accepting bitcoin should give you a bitcoin amount to pay not a USD value.

and every merchant that i have seen so far is asking for bitcoin and wallets also take bitcoin as their primary input (change it if your wallet does otherwise)
and when you are presented with a BTC amount to pay, it no longer matters how price fluctuates. it is like a contract that merchants and customers both agree to within the time frame you are support to make the payment.

an altcoin can always be created from forking bitcoin at any moment it has nothing to do with August 1.

the bitmain's UAHF was the counter attack that they were planning on doing (or at least threatening to do it) on August 1 in case UASF was successful.
then they started a new test to see how things will go with the new name. giving it fancy name and calling it "cash" to play on emotions of bitcoin users.

but it is an altcoin because it is a fork without support.

i get what you say, and things are very hard to understand for me too from time to time. the information about these BIPs,... are all scattered and usually filled with a lot of false information and FUD

if you are only interested in trading and making profit then you are already doing things fine. buying in the dip, reaching a profit limit and securing that profit.

just continue this way and don't get emotional, you'll be successful.
also remember that having some investment in bitcoin for long term never hurts even if it is a small amount.