How much coins Bill Still received and bought when he started to promote Quark? I remember it was quite a large amount. Hopefully poor bastard managed to dump in time because he said numerous times that he is penniless. P.S His donation address has 100000 quarks and looks like he did not sell.
Ohh boy, I remember Bill Still shilling Quark like it was yesterday. I also remember the australian developer which had a funny looking haircut. I was a newbie back then and I bought 50 bucks worth of Quarkcoin hoping to get rich because it was "then ext Bitcoin" improved with a lot of hashing algorithms. The good ol times, I feel nostalic, even if i lost all of that money, because that I left the coins on Cryptsy. The price crashed and the initial 50 bucks turned into like 5 bucks anyway.
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New capital flow for the first week for Bitcoin and Bitcoin Cash This figure is best clear answer to your question bitcoin cash may have nice price but for sure will not replace bitcoin anytime soon . Most of the Bitcoin Cash price is due people not being able to figure out how to properly dump the coins, because the process is really tricky unless you are an experienced user. Im sure there are tons of people out there that still didn't dump and will do it once they figure it out how to do it. Also blocks are taking like 1 hour still to get the coins in exchanges, it's really annoying the whole process. I predict it will behave similar to ETC, another pump and dump altcoin.
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You should be able to verify your account pretty easily. I vaguely remember the approval for basic/phone verification taking a few min/hours few weeks back. Yesterday, I decided to upgrade my account to "Enhanced Verification" level (the highest level and you can withdraw >100 BTC) and it took me about 10 min. to get it approved. I just had to upload an ID document and a selfie, that's it! It is still much quicker than getting verified on other exchanges such as Kraken/Coinbase/CEX.
I'd advise you to get your account verified just in case you need to withdraw large amounts in the future.
I don't feel comfortable at all uploading pictures of myself holding an ID on the internet, let alone on some cryptocurrency exchange. As we have seen, all these exchanges are shady by default and could collapse at any time, or someone could hack it and steal your data, and you could be doxed, your pic could be sold on the dark web because your pic holding an ID could be used by other people to try to verify themselves... it's a mess. This is why I chose to stay as anonymous as possible. I just can't trust the exchanges, specially the altcoin exchanges. 0.025 is stunningly small. I guess it's only temporal until its up to 1 BTC again? But Bittrex is so stupid lately. They now request all your real data even to trade crypto to crypto. Honestly fuck them.
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why do you think bitcoin cash will get more support than litecoin?
bitcoin cash is created and backed by very shady people and most people already know it and are thinking twice before going near it. right now everyone is treating it as an air drop and a volatile speculation tool on exchanges to make more money from.
on top of it you are comparing the litecoin development team who have been around for as long as bitcoin and are perfectly trusted with a bunch of shady people behind BCC who have very shady goals!
and besides what does 8 MB really offer? nothing. litecoin still has 4 times faster transaction than the 8 MB thing!
Litecoin already does everything Bitcoin Cash but better, and it has malleability protection, because it has segwit. But the loons that think segwit is a mistake and will make Bitcoin crash may find value in Bitcoin Cash. Right now... Litecoin is not looking good in my opinion. Bitcoin has segwit, that was the main reason Litecoin pumped, because Bitcoin didn't had segwit yet.
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If I tell you Bitcoin is a good investment. You gona buy a Bitcoin or any of the bitcoin named chains? All this does is create confusion.
Bitcoin named chains so far
Bitcoin Dark Bitcoin Plus Bitcoin Cash Bitcoin Planet Bitcoin TX Bitcoin Scrypt Bitcoin 21 Bitcoin Unlimited (potentially)
Someone made this photoshop which is pretty funny and it's an idea of how the conimarketcap website could look like in the future if we keep this face of forking bitcoin into a million different bitcoins trying to become the real bitcoin: This is how coinmarketcap will look like in 2020 but Bitcoin will be worth $10,000+ each and the rest of the fake Bitcoins will be worth next to nothing.
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Yep, the thing is already dead. It is showing some small pumps lately, but the all time graph is too brutal. It doesn't even show up if you zoom out. The dump was epic as everyone was expecting, and I didn't even bother with dumping it yet. I will hold them and wait for a random pump and dump to happen and that's when I will dump them. Im sure it will pump Ethereum Classic style. Whales love pumping in situations like these where there is big buzz behind the coins, and forks of big coins always have buzz and create news.
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ViaBTC, creator of Bitcoin Cash, temporarily suspended the withdrawals of its lever by a suffering that a malleability attack of the transactions.
This occurs because Bitcoin's replicated code has a vulnerability that allows the transactions to be modified by a third party, which may be a node that retransmits the transaction or a miner that includes the transaction in a block with which it alters the transaction identifier. The result is that transactions that have been affected by the malleability attack can not be verified at the time of the transaction, but does not imply that a double expense will be incurred. It is an alteration in the hash of a transaction without private firms becoming involved in the knowledge of the alteration. In principle, user funds remain safe and can be received by the recipient, although normally under these circumstances the confirmation times are greatly extended.
The malleability attack that ViaBTC confirmed through its Twitter account could not represent a risk for the integration of client funds, but could be a warning related to the position assumed by the group to the problems of scalability of the Bitcoin red.
I saw in their twitter this the other day, is this still the case? because it seems that they have allowed withdraws again: https://twitter.com/ViaBTC/status/893814961721430016It is ironic that they were attacked with malleability attack, which segwit solves, and they fought so hard against segwit. How did they allow withdraws again? how did they fix it? because if you check the comments on that tweet, everyone is still complaining about it.
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I still haven't sold... it's taking forever to get the coins into Bittrex. I should have selected another exchange, this is so slow, but if they are using 20 confirmations, it must be for a good reason.
I using other exchanges with faster confirmation times safe? I've seen that hitbtc one and Bitfinex are faster, or that is what i've read. Im not sure what amount of confirmations are using. Im confused as to why Bittrex chooses 20. At this rate, I will never be able to send all of my coins on there.
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Is BitcoinCash a joke?Yes, if you believe the withepaper of BitCoin from Satoshi Nakamoto is a joke. Indeed if we do read the whitepaper of Bitcoin we would really say that this is really a joke since all on Bcc is opposing on what it should be on Bitcoin but this joke did probably give some free money on Btc users and we cant really deny on that thing because we did know that bcash price hypes up and tend to sell on those price points and yet somehow gives us benefits and theres no other than that because people most of their bcc have been dumped already. This. Bitcoincash gave you something, while it took nothing from you. Why are you even whining? If you still don't trust bitcoincash, donate your coins for the good cause. Even right now 1 BCC can feed at least 5 people a three times meal. It took nothing from us? Ehhh, how about all the scaling drama and the price crash back to $1800? If you think Bitcoin Cash had no negative impact on holders then you are delusional. If Roger Ver, Bitmain, and the rest of idiots, instead of causing havok with their false beliefs, supported Core's roadmap, we would be sitting at $10000 already. We are years behind development because all the drama-inducing queens in the ecosystem. But it didn't crashed. We would be sitting at 10000$ already.. If Ethereum wasn't there If so many exchanges weren't hacked and their bitcoins weren't dumped and so on.... Mmm, how it didn't crash? Let's look at the past notable crashes over the past months: We recently say $1800 again because of the Bitcoin Cash drama, if we didn't have that, there wouldn't have been that selling presure. Now that the market is making it clear that Bitcoin Cash is not a treat at all and segwit is going to get activated with no drama, the price will keep growing, UNTIL hardforkers come back. Also notice that "Hearn Dump", was right after the Bitcoin XT crash. Also notice the Bitcoin Unlimited drama happened around PBOC crash too.
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Is BitcoinCash a joke?Yes, if you believe the withepaper of BitCoin from Satoshi Nakamoto is a joke. Indeed if we do read the whitepaper of Bitcoin we would really say that this is really a joke since all on Bcc is opposing on what it should be on Bitcoin but this joke did probably give some free money on Btc users and we cant really deny on that thing because we did know that bcash price hypes up and tend to sell on those price points and yet somehow gives us benefits and theres no other than that because people most of their bcc have been dumped already. This. Bitcoincash gave you something, while it took nothing from you. Why are you even whining? If you still don't trust bitcoincash, donate your coins for the good cause. Even right now 1 BCC can feed at least 5 people a three times meal. It took nothing from us? Ehhh, how about all the scaling drama and the price crash back to $1800? If you think Bitcoin Cash had no negative impact on holders then you are delusional. If Roger Ver, Bitmain, and the rest of idiots, instead of causing havok with their false beliefs, supported Core's roadmap, we would be sitting at $10000 already. We are years behind development because all the drama-inducing queens in the ecosystem.
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Because "Bitcoin Cash" is a rip off from the real Bitcoin. Their developers never did anything notable. It's another takeover attempt like XT, Classic, Unlimited, and so on.
Nobody trusts these coders long term with their money. You will find out soon enough.
The legacy chain continues being the real Bitcoin. There hasn't been a valid hardfork and there will not be any for the time being, so enjoy losing your BTC for fake bitcoins.
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These could be forums, authors who have a history of writing about well performing ICOs, Twitter accounts lol, news sites, podcasts, etc.
I like the ICOstats page, you can keep track of the best performing ICO's. Strat is still the number one performer ICO, because it went under the radar for a long time. Now, it's harder to get rich, because the ICO's become quickly overbought. So if you want to get rich, search for the more obscure ICO's, don't fall into the hype. Just look at Bancor.. too many scams out there.
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That is pretty nuts, but not as crazy as the guy who had roughly 20m+ on polo. Think they invested in a few BTC in stratis ico and it took off. That will take ages to get off of polo
It depends. If you don't do any verification, you can only withdraw 2000 USD a month, so thats 24000 USD a year. It would take ages to get a million ut, but if you do the verification, you can get a ton of money out, but im not sure if there is a limit. I guess the limit is 100000 USD a day, so it would take 10 months to get a million out.
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What are good investments outside of crypto?
It is very unfortunate what is happening in venezuela. I wish the united states would forget about north korea for a second and make some attempt to re-establish stability in south america.
As things stand there is nothing I could do to help venezuelans.
Looking at venezuela's currency devaluation there could be opportunities for profit there. Shorting the bolivar. Buying bolivar when its nearer to making a recovery could both yield decent gains if someone could get the timing right.
What are good opportunities for investment outside of crypto? Is it moral to profit off of the unfortunate conditions of people in venezuela and other countries? What do ppl think about this?
I used to trade a bit on the forex market, but I never got anywhere, never got any relevant gains, so I got tired and stopped. I tried to play with some existing currencies, same thing, never got anywhere. Only when I started learning about crypto I got more interested in it. I had no idea what I was doing back then. Now, I still barely trade, I only trade with other altcoins, and I buy and hold, I never actively trade. I can't find any other investments that im interested with, I stick to crypto, it's the most exciting sector by a mile.
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As we all know by now, Poloniex is off. They are claiming it's "connectivity issues". If I had just 1000 bucks there, I would already be nervous. I went to their twitter, and their last update was 3 hours ago. Reading the comments, I see this: HonestCryptoTips @HonestCryptoTip Volatility = Profit for my fund. Some people have the stones to go balls deep in places others don't. 🤷♂️ It's crazy how much money some people have. To think he has half a million in some cryptocurrency exchange. That guy must be so rich.
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I am sorry, everything is not ok. I need some airline tickets, and just wasted my time with three travel websites that advertise that they accept bitcoins, and when I get to the final order screen the pay with bitcoin options do not work. Not happy about this at all.
What website did you use? I did a purchase the other day on Steam, I bought a videogame that was on the Summer sale thing and it was really cheap, so I was too lazy to reach for my debit card so I just used BTC because I had my BTC wallet opened. The purchase was easy. Steam uses Bitpay as far as I know. Im not sure what the merchant you are trying to buy from is using. Coinbase was having some problems lately. Things will be ok soon when the Bitcoin Cash scam is over.
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It doesn't take Blockstream or any other group to try to avoid segwit2x. Segwit2x is just nonsense. Jeff Garzik wants to get anti privacy code on btc1 and they want to make btc1 take the lead. Data shows we don't need 2MB. Mempool is fine, only not fine when Roger Ver spams the network. Rushing a hardfork in 3 months is just dumb. Let's hope miners realize their mistake so we don't have to go through a price crash thanks to big blockers again in 3 months, but that's all big blockers do: crash the price.
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Yes it is, and very easily in fact.
All they need to do is block websites related to Bitcoin, such as online wallets (i.e. blockchain.info) and also block exchanges.
This alone would kill any hope of Bitcoin becoming popular in a country as the only people who would go out of their way or risk buying would be hardcore Bitcoin enthusiasts, or criminals looking to use it for illegal purposes. This is one big problem Bitcoin has compared to gold, which cannot be easily controlled by the government.
It depends at what level block is. If somehow they can block it at ISP level then it would be hard to surpass. Im not sure if they block it at ISP level, an VPN would work. In theory it would, because the VPN would come after the ISP. Real IP -> VPN IP -> exchanger This would allow you to bypass the tyrannical governments blocking stuff in theory. But they can block VPNs, TOR or anything else by passing laws... in that case I don't see any way out.
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Just tried purchasing something with BTC through coinbase and getting the following error: "Merchant purchases are temporarily disabled."
What is happening? It this system-wide?
Bitcoin Cash is creating a lot of turbulence, so just put your seatbelt on and enjoy the trip. Next week everything will be back to normal. The network is perfectly fine, what is having some issues is some exchanges and payment processors, but the whole thing is OK if you are holding your keys. If you didn't make your homework and you left your coins in an exchange during the split, then im sorry for your loss.
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it's better to wait when theymos will declare it safe with an announcement, he said so, i would not do any transactions now it's too dangerous, your coins could end in another fork
BTC is not under any problems. UASF BIP148 already happened, BitcoinCash split already happened, both are irrelevant events and no onecares. No one is mining any of the chain except like 5% of hashrate. You are safe to go, but be sure to hold your private keys. People are having problems accessing their BTC because they let their BTC on exchanges hoping to instadump their BCC split share. I knew the exchanges would have traffic issues. It's best to wait. If you end up selling at 5$, then so be it, it's better than risking your BTC in the exchanges doing an exit scam.
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