Im going insane trying to find out if anyone has been able to sell their BTC at all or not. If I have my BTC on Bitcoin Core, and I follow this guide, can i already dump the coins, or are the markets still frozen? They can't be frozen because I see price action. So what's going on? Only these that had the money on the exchanges can trade but they are not accepting deposits? Can anyone tell them whats going on? this is too confusing. https://bittrex.com/Market/Index?MarketName=BTC-BCCI've seen the 0.48 to 0.14 dump... was anyone able to sell before the dump? was credited a small amount by kraken based on the small amount of btc i already had there and sold with no problem, still need a quick way of importing the coins from my own btc wallet so i can send in the rest and sell According to what i've read, deposits and withdraws are frozen. Have you been able to withdraw your BCC? From what I understand, the market we are seeing with BCC, is only done with the limited volume that the BTC that was already deposited on exchanges would deliver, but nothing is either being withdrawn or deposited which is ridiculous. Why is this happening, and when is people free to withdraw or deposit the coins? until then, we can't know the real price... |
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This is old as hell. I remember reading about this years ago. I don't know what else did they hack beside the account. In fact I think it was not even a hack. The gmx account ( satoshin@gmx.com or satoshi@gmx.com I dont remember) expired and someone else just registered it, ten claimed to have satoshi's dox. Of course this was bullshit because satoshi was never hacked, doxed, or compromised in any way. |
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Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
Here is how I see the timeline: 2020: This decade will be the consolidation of crypto, and bitcoin will be on the lead because no altcoin will be able to clearly defeat it for what it has to offer. Every competing altcoin will continue to be seen as a gimmick/ripoff with no support 2025: Lightning Network is now fully operative and competing against all fiat payment system. 2027: The price is now 6 figures, the release of new coins is very low. 2030: Onchain transactions are now expensive, only used for 100+ USD dollars or more. Onchain BTC is digital gold. Thanks to the conservative blocksize, corporations can't control the network. Everyday non important transactions are processed on the LN. Trillions of transactions per second are happening. Banks are struggling to justify their existance. 2030+: BTC is the world currency, banks fully support it and act as a way for newbies that cannot take care of their own bitcoins, they do it for them. People that want to be sovereign still control their BTC. 1 BTC is worth 1+ million a coin. Chinese mining no longer leader. Intel and AMD and nVidia now competing to be the top miners. |
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Oh well, I dodged a bullet. Beucase of the Bitcoin Cash thing, I got all of my Bitcoins back to my Bitcoin Core full node wallet. Best decision ever. Feels good to be in control of 100%. What I was holding was not much, but it was a bit, enough to get some trading going without having to wait for transferring money into my trading account every time I saw a buying opportunity. Decentralized exchanges can't come soon enough. |
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This is really going to be the biggest airdrop ever in the history of crypto-currency. Previously, I had participated in various airdrops, such as Byteball, Stellar Lumens, and Bitcore. But this one dwarves them all.
What is Bitcore? is it another fork where if you are holding BTC, you got automatically the same amount of Bitcore coins? Or is it like Byteball where you have to sign up? About BCash, I have not yet set the BCash full node, because im honestly too lazy to set it up. I'll hold for a while and see what happens. Im hoping the pumpers keep doing a good job. |
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After there is a BCC can the bitcoin survive or bitcoin will be much more up the price after this
What do you think about this?
I don't think parity is possible, meaning that, it's just impossible that both coins have the same price. So judging from this premise, one of the two coins, will go down, or one of the two coins, will go up while the other one stays where it is at best, or goes down too. If I had to bet, it's pretty obvious BTC is the winning coin. It has the Core devs on board, it's the legacy chain, and it has segwit which is good, unless you subscribe to the anti-segwit conspiracy theories. |
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At the end of the day, it turns out Bitcoin Cash did something wrong: To put into the market the opportunity to show if there is demand for bigger blocks, and doing it with real money.
Well turns out nobody wants to hardfork into this nonsense. Nobody is using it, and now im doubting if we'll ever see a single >1MB block.
For me, BCash situation is over. Next step in the big blocker agenda is segwit2x. They will be back with the hardforking drums of war, and the price will collapse at time highs. Everyone predicting this is right. Mark these words, and remember to blame everyone involved in NYC when your BTC crashes. Oh and remember also this post when Roger spams the network to create fake demand.
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The split of the bitcoin blockchain has begun.
Earlier today a subset of bitcoin's miners began operating a different software in order to create a competing cryptocurrency called Bitcoin Cash. The move would effectively find a minority of users forging ahead with their own blockchain, one that shares a transaction history with bitcoin.
As previously reported, Bitcoin Cash – which raises the size of the network's transaction blocks while doing away with other capacity upgrades – is being advanced as an alternative to existing scaling efforts. Some of those who backed previous scaling efforts aimed at raising the block size have since moved to support Bitcoin Cash.
Yet the split is far from complete.
The divergence started at approximately 12:37 p.m. UTC, according to data from BTCForkMonitor.info, when the network reached block 478,558. It's here that Bitcoin Cash needs to process a block that is greater than 1 megabyte (MB) in size in order to seal the split.
Thus far, that hasn't happened, and some observers believe that it could take hours or more for that block to be created. In the meantime, the original bitcoin chain has continued, reaching block 478,570 as of press time.
People are having problems with the software, the nodes seem unreliable. There are reports of Bitcoin ABC full node crashing. Bitcoin Unlimited 2.0? And what's funny is, Greg Maxwell went on the Bitcoin ABC github and warned them about the rule to process a block greater than 1 MB to steal the split, and now it seems that will generate problems. This is a shitshow already, I think people isn't going to be able to properly dump their coins. |
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I was looking at this coin in slightly more detail and it has a much larger blocksize and was the original bitcoin.
So, why do most people want this coin to become just another altcoin or pump and dump coin when it is basically the same as the other bitcoin but with a better blocksize and more transactions that can fit into the block?
Because raising the blocksize means more centralization, there's no way around this. As of right now, we do not need a blocksize increase. The mempool is far from full, and now we will have almost 4MB of effective blocksize with segwit. The idiots wanting to hardfork in 3 months into some rushed software developed by Garzick whose works for a company that spies on people's bitcoins have lost their mind. They will crash the price again. Big blockers hardfork news = price crashing. Everyone hates them. |
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Lol, super speculative, but I think it'd be an amazing way to turn the tables.
I definitely expect major Whale wars between the prices of the two coins. As most people know, it doesn't really matter about the technology behind it for most people. Price is perception, if one coin has a higher value than another, it is seen as the "better coin" to most noobs. I'd imagine the whales know this and plan to start a nice round of psyops on all of us minions.
Now for the Tinfoil Hat time, totally speculative, but would be hilarious if it happened:
Imagine if Craig Wright proved he was Satoshi after the fork. What a shit show that would be LOL, I can't think of a better way to make a kagillion dollars than to prove my fork is the true vision of Satoshi himself.
All I can recommend is buying Corn futures, popcorn will be in demand this week/month.
PS - I don't have any "loyalty" to either side, don't take this as support for either side. This is just pure pipe dreams from yours truely, haha.
Only dumb cultists would follow him. If Craig Wright is satoshi, then it just means satoshi lost his mind, or he always had a bad idea about what bitcoin should thrive to become, and has thus been surpassed by better programmers such as Greg Maxwell, Peter Wuille, Bluematt etc, and in general anyone that understands why the big block agenda is a big mistake. |
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The graphic looks too pumped. It hit $5.10, it got higher, then it broke this resistance and went even lower at $3.88, to shoot up all the way up to $12.00. How sustainable is it? And who is to say that we aren't going to re-visit resistances? Maybe after the masternode hype is over, the price goes back to 1 figure per coin.
Until this project proves what they claim, im not buying. They shown full-node transactions, I want more than that.
And the scam accusations to the founder also make me having serious doubts about it.
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The more I read up on Waves, the more I like it. I am tempted to invest big into this, as if it is a bonafide challenger to Ethereum then I would consider the price HIGHLY undervalued. Just wondered what peoples thoughts on it were? Could it challenge Ethereum in the long run for being a kickstarter for new ICO and crypto-projects? Or does the ease of use hinder it, and perhaps make it more susceptible to produce too many shitcoins, thus devaluing the coin.
A few things I like about waves.....
It has a DEX
It is working with Deloitte to help integrate big business to its platform
Ease of use on the platform to create new ICO's
Peer to peer lending available on the flatform
Thoughts on general business model and obviously coin price in both short/mid and long term.......
There are several "Ethereum killer contenders". EOS is the latest one. Stratis is looking good, and if they are able to make it do what they say it should do, it may go up in price, but it had a ton of sudden uprise so im not sure what a good entry point. IOTA is another one, but i've heard some stuff about the technology being a bit of a vaporware promise. Im not sure, im not a coder. WAVES has been in the game for a long time, im not sure about what it does, but the problem of not being in Poloniex may have an impact on the price. For some reason, Poloniex rejects WAVES... |
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Well as usual the tax man is going to collect their tax....
It is kind of a blessing in disguise I suppose though, more protections for consumers isn't exactly a bad thing in that of itself. The consumer though should already realize many things about ICOs and their rate of success, but such is life.
I don't think it's good or bad, it is what it is... It's a double edged sword. If the regulations are correct, then all the scams will fade because people will be less prone to risk a big fine or even jail time. But I don't think it's necessary. If you do your research, you will not get scammed. People need to do their research and know what the hell they are buying, not needing someone else to filter it for you. We are adults here. |
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If the Bitcoin Unlimited are of any guidance, let's take a look: https://coinmarketcap.com/currencies/bitcoin-unlimited/They are worth $237.77 right now. The volume is dead... of course this are futures, let's see how the actual asset works out with Bitcoin Cash as an actual coin. But I doubt it's not going to tank heavily. If you take into account no big whale is supporting this, I don't see how it can turn out ok. I doubt Roger is going to make a PGP signed address with his coins and show the world that he believes Bitcoin Cash is better than BTC. All bark and no bite as always. |
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European Union states have proposed a new measure which would effectively allow them to freeze bank accounts before a bank run takes place. The measure was planned earlier this year in order to prevent bank runs similar to that of Banco Popular last month. The proposal wants to prevent depositors from pushing over the edge banks that are already failing or will likely fail.
According to EU rules, each depositor that has less than 100,000 euros deposited in a bank account is insured from a bank run. But under the new plan, a potential bank run could force the supervisors to freeze bank accounts of all depositors, and thus freeze withdraws from bank accounts.
As far as I know it was always like this. Unfortunately I don't have 100,000 EUR but if I did, I would never keep more than 100,000 in a single account. I would have different bank accounts because generally having more than 100,000 in a single bank is an huge risk, they can never guarantee to return you anything beyond that 100,000, and freeze policies are scary, you always want to be able to have your money at any time, so the only solution that I see as logical is to keep the money spread across different bank brands in case of a collapse. |
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You really can't do that comparison. I believe that both bitcoin and gold can co-exist and while bitcoin can die at any time, Its not the case for gold. It's being there for thousands of years and I see no reason on why It should disappear now and If you really wanted to compare then you should take a look at the value of gold in circulation ($7 trillion).
This is totally true plus gold is much more accepted and trusted compared to bitcoin. I'm not saying bitcoin is not but not all people know bitcoin and will not even try to learn about it and gold has been very valuable and precious since ancient times and I don't see any reason for it to change. If you want to get rich you have to take higher risk than just holding gold. The technical analysis on gold is an obvious bear trend. I wouldn't bother with gold at all unless it bottoms, and it must bottom hard for it to be considered a buy. Gold has no intrinsic value no matter how much goldbugs try to brainwash you into thinking it has, the use cases on the industry could be replaced by other materials. Bitcoin has more intrinsic value in my book. Being able to move money across borders is an intrinsic feature of bitcoin that gold can never have. This alone makes it more valuable, and the marketcap is tiny so the potential to anywhere from x10 to x1000 in the next decade are very realistic. |
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 What do you think ? That is a cool picture. But no flippening? A lot of Ethereum supporters will be disappointed if the flippening doesn't happen, even by 2018. I wouldn't be complaining.  There will be no flippening. Ethereum passing Bitcoin in marketcap was always a delusion. The technology is not solid enough to compete against Bitcoin for the #1 spot. BTC is the crypto reserve and will stay as such. Everytime that ETH pumps and attempts to take the lead, something will go wrong and it will crash. Sharding and Casper are vaporware. |
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So I can sell them all and buy more Bitcoins  Let's be honest nobody will really use anything else than BTC in the long run, but it is a good opportunity to get some more for free. It's not as good as it looks. We should really avoid these situations at all costs. You can't make money out of thin air, this has a toll on bitcoin's credibility. I have no doubt that BTC price will recover, but I see a dip happening if the BCC camp insist on their bullshit. Hopefully is a non event and we can get some free BTC without any relevant impact on the real BTC. |
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With BCC will be possible buy cheap things without paying unpropotionated fees? When the 8mb will became no enough will be possible to increase it?
I'm not convinced with Segwit even segwit2x because I think is just a temporal solution.
I don't think there's a single merchant in the world that is accepts Bitcoin Cash. In fact, I seriously doubt that any of them is going to accept it, and if they will, they will immediately dump for more BTC so I wouldn't even bother. BCC will be heavily centralized so transaction under a network that's controlled by the same actor (Bitmain) it's not a safe practice. Use something else to buy beers with. |
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Am I the only one who is under the impression that the price of bitcoin will plummet before day 1 or soon after?
This bitcoin fall to 2400 and the climb up to where it is now get me the impression that the whales are piling up to dump everything before day one.
Also I'm seeing a lot of people wanting to save the bitcoin for the first day thinking that Bitcoin Cash will be worth the same as the bitcoin or that at least they will make good money with it. They are not even realizing how this will devalue bitcoin.
Segwit is locked in, that's what you need to consider. Segwit is inherently bullish except for the conspiracy theorists that claim Segwit is a mistake and could create a DAO type situation within bitcoin because of the transaction format. I think this is exaggerated FUD. Once we clear out the BCC nonsense, the price will go up. If you buy before August 1st, you will have both BTC and BCC, so you can always dump BCC for free BTC and in case BTC price goes down against the dollar, you still get more BTC. Consider that. I think you can even neglect the BCC bullsh*t. What really matters is 'will Segwit activate?'. Because miners can signal what they want, but if for example F2Pool stops signaling during the signal period there will be no Segwit at the end of August, as they need 95%. Keep in mind how reliable miners are. Once Segwit IS activated, that's when the real party starts imho. Just think about the game theory involved in miners backing out. We have 100% of miners signaling for BIP91-BIP141, the thought of them backing out would be devastating for them. The community would hate them for life, only the /r/btc nutjobs would think the miners are heroes, the rest of the community will hate them and their reputation is pretty much at all time lows perpetually. Let them do something stupid and just watch the consequences. |
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