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3141  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin and Ethereum co-exist? on: July 17, 2017, 05:53:51 AM
eah already are doing isn’t? I think they can very much co-exist and not just these too. I completely believe that down the line in next 3-4 years, I will be 10-15 Crypto Currencies that will be fighting for the top spot, so they all will co-exist and there is no reason why they can’t. The market is so big that it’s easy.

it has been 8+ years and there have been hundreds of altcoins fighting pretending to be able to compete with the first spot. in the future this will only change if NEW altcoins are created with some utility and usefulness as a currency in mind not with "how to pump and dump more" in mind and as their main goal.

so far ethereum has been the pump and dump to make more money. and it is not a currency. it is a platform for smart contracts which in reality is used to create ICO scams! so it is more like a double fail for it.

besides if you want to compare you should compare things in their own category. bitcoin is a currency. ethereum is a platform for smart contracts with token called ether which is not even supposed to be used as a currency. if you want to compare then do it with other smart contract platforms. there are a lot of them and many do it so much better and easier than ether.
3142  Bitcoin / Bitcoin Discussion / Re: After Aug 1st and SegWit on: July 17, 2017, 05:45:45 AM
bitcoin will split into two chains, one that will have segwit activated, the other one will now. So there you go, there will be a version with segwit live on August 1. You just have to make sure that your exchange, or your wallet supports segwit before the transition and your coins will be bitcoin with segwit. Make sure you are on the right side when this come because one coin will die. Also I suggest you to diversity your investment and buy litecoin, it already has segwit, so if bitcoin activates segwit succesfully you win, and if not litecoin already has segwit you will win there as well.

Let say if I choose the correct one, will bitcoin value will back increase like golden days like ever before ?
Actually I'm also worried and my friend also yelling on me and asking my opinion about SEGWIT things.
Ofcourse I need to calm them and myself for preventing any bad action

I'm afraid the picture that is glimpsed is not very good, There are too many things that are converging on that event, At this rate and considering the days that are missing the price can be collapsed until the $1000 or less maybe but that is a mere assumption, And perhaps the worst for many peoples while the price continues in free fall neither alt can be considered safe option, The risk of splits is too much even to ensure that the price will recover soon.

the only reason why price dropped so far is because of two things: uncertainty and being uneducated.
and because of these two there has been a lot of FUD to change the direction of bitcoin. the risk that you call "too much" is actually way too little at this point with the factual data that we have at our hands. but it was exaggerated through a lot of FUD and that is why price fell in the first place.

and just like the previous fork FUD, this one will also lead to a big rise when people realize it was all empty bullshit. unless the facts that we have today change in the future, which is not likely.
3143  Alternate cryptocurrencies / Altcoin Discussion / Re: If BTC goes hard fork that means ETH will be the new king? on: July 16, 2017, 06:38:21 AM
If BTC will have the hard fork, means BTC will sink.
there i no if and there is no hard fork.
there is only a soft fork for bitcoin on August which will activate SegWit because it currently has a very high support from the miners (nearly 90% support and it only needs 80% so it is already over the mark). and when it activates like this there won't be another chain. there WILL BE ONE chain only and price will rise up faster than you can blink.

Quote
Is that means that all exchanges will now put ETH as prime coin to trade with?
even if bitcoin dies right now, nobody will switch to a shitcoin like ETH. nobody even trust ETH anymore. everyone knows how unreliable its network is. how their transactions are going to be stuck and their money to disappear easily because it is buggy. exchanges have already disabled ETH wallets. and as you can see ETH price is dropping hard.

the second best thing (like always) is litecoin and always will be litecoin. and if someday we decide to replace bitcoin we will do it with LTC but that day will never come as i said by August 1 we will have a smooth 100% soft fork without a chain split.
3144  Alternate cryptocurrencies / Altcoin Discussion / Re: 1h % Winners and Losers For Altcoins? on: July 16, 2017, 06:30:17 AM
if you want live data then go to the exchanges directly.
if you are not a developer then just open their website and look at their lists. for example poloniex has the list of coins on the right side you can sort it by % change or volume or ... bittrex has it on the top you can open with a click on the markets drop down and select the thing you want to sort the list with from the top. there is also a list on their home page after you log in.

if you are a developer then just use their API and then sort the data that you gain programmatically.
3145  Economy / Speculation / Re: Brave Buyers Can Start Buying... on: July 16, 2017, 06:20:52 AM
...

As long as they understand the risks of "them" screwing up BTC.  And they could.  Developers.  Miners.

But, I have to think that there is SO MUCH MONEY among BTC Ecosystem stakeholders, that some kind of decent agreement (and decently implemented) will happen by August 1 (or pretty close).

BTC price swoons happen all the time, it's "normal", at least it has been.  If you have the money that you can afford to lose, NOW might be a good time to start buying.  I hope to as well in a week or so (we're on vacation in the sticks of a foreign country right now).  If all goes well, I see a possible $5000 in due course (several months to a year or so as confidence builds).

If the developers somehow manage to screw up bitcoin it will be like commiting a suicide for them.
I think that it`s normal,for one reason or another,for the bitcoin price to decrease during the summer and increase or even reach some price peak at the end of the year.
Anyway,i don`t have the money that i can afford to lose,so i can`t start buying bitcoins,unfortunately.

you know it is not the fault of developers. at least not only them. although i blame them for lack of proper communication and educating others.
it is the fault of:
miners who are greedy, miners who are uneducated and so childish
the nodes who haven't made a decision to what they want to support
the users who think they should be paid or rewarded for running a node
the users who didn't educate themselves to understand some basic things like what this split risk everyone talking about coming from and if it is even serious or a small possibility.
and the social places like forums for being filled with pointless arguments instead of real constructive discussions to reach a middle ground.

and you know, the whales always love drama like this. they short bitcoin now and make shitloads of money and then buy back at the bottom and become even bigger whales.
3146  Bitcoin / Bitcoin Discussion / Re: Journey to Hell, With Bitcoins on: July 16, 2017, 06:12:32 AM
One who panic about the price fall should never keep it long in the form of btc. Op should have converted it to fiat once after receiving it, because the price increase and decrease is not planned as well it happens on the go. Few gets profited and few gets the chance to sell low, which can be overcome by holding and selling when price increases as expected.
Yes, OP's main mistake was he was speculating with his paycheck thinking it would go higher.

At that time, fan guys of BTC's were shouting for more up BTC/USD price...I was greedy obviously and lost enough.

at that time nobody knew the split is going to become a big FUD because nobody had a time machine to see the future. and if this FUD about the split never became big and people didn't take it seriously then price would have only had a small correction back to $2500ish and by the end of the year price would have been nearly $3000.

but things changed. the FUD became bigger, and nobody cared enough to check the reality and they all decided to believe what they read from a comment and panic sell their coins.

if you want to blame anyone, blame the idiots who don't know the difference between a fork or a split but yet give opinion about everything related to those.
3147  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂🎁 12 BILLION BETS🎁Most Popular Dice & Roulette🎁 on: July 16, 2017, 06:00:58 AM
is it normal that sometimes when i visit bitsler i have to log in again?
is it the cookie expiring or does something about the website change, that eliminates previous log ins and logs out my account?

Bitsler's cookies have an expiration of 1 year. AFAIK, the only time the cookies gets expired is when:
1. The 1yr expired obviously.
2. Ip address has changed.
3. Used of different browser, this includes updating your browser, which changes it's ua.
4. If somehow, the cookies on your browser was deleted by either you accidentally and/or by software such as antivirus etc, and even when you update your browsers.

Cheers!
-uni

thanks.
1. this was not it, since i have logged in a couple of months ago when they did an upgrade and i changed my password and everything.
2. this shouldn't be the reason either. because i have a dynamic IP anyways and it changes every time i turn my router on
3. i am using the same browser (Firefox) but it was updated recently. i didn't know it changes the User Agent! so i am guessing this is the reason.
4. this one is strange, i don't think my AV has done anything. i checked the logs. it probably is the update to 54.0.1 combined with my IP change
3148  Economy / Speculation / Re: The end of bitcoin on: July 15, 2017, 06:16:44 AM
What the hell do you mean, personally if they spilt up it will fail? That makes no sense.

let me translate it for you, maybe it helps understanding what OP means:
"I have sold my coins recently at $2200 and am now wishing and also desperately trying with this topic to see a much lower price so i can buy back what i've sold

here is a little more help: https://bitcointalk.org/index.php?topic=2020368.0 and this was posted yesterday meaning he sold at ~$2200
3149  Alternate cryptocurrencies / Altcoin Discussion / Re: What features should a new leading currency have to become bigger then btc/eth? on: July 15, 2017, 06:06:32 AM
there are a lot of these things around, and everyone thinks their coin is the one replacing bitcoin.
and you know what, i agree with what you said "it will happen in the future". but the problem currently is that as you can see from the previous 2 comments people don't want a "currency" they want "an investment" or in other words they want to make profit.
that is why nobody makes any of these with a currency in mind and that is why none of them has became the leading "currency" so far.
3150  Bitcoin / Bitcoin Discussion / Re: COULD SATOSHI NAKAMOTO BE HOLDING 2.2 MILLION BITCOINS? on: July 15, 2017, 05:53:34 AM
satoshi is holding millions of BTC but dont worry, he is rich already.. he wont dump.. his coins havent moved for almost 10 years.

you have more to worry about hard fork than satoshi dumping his BTC Cheesy

- satoshi is not holding "millions"
- in fact we don't know and will never know how much he holds
- some speculate it is far less than ONE Million
- bitcoin was released in 2008 and that is barely 9 years and the "stash" that satoshi may or may not have was mined over the course of a year so a correct thing to say is those coins have not moved for 6-7 years.
- also hard fork is nothing to worry about, hard fork without consensus is something to worry about because that can lead to split
3151  Bitcoin / Bitcoin Discussion / Re: Bitcoin finally legal in India on: July 15, 2017, 05:40:32 AM
"Suddenly, Bitcoin to Be Officially Legal in India"
posted Jule 20, 2017
https://cointelegraph.com/news/suddenly-bitcoin-to-be-officially-legal-in-india

Bitcoin exchanges in India have been able to operate but they have been self-regulating using strict Know Your Customer and Anti Money Laundering measures (https://veratad.com/solutions/identity-verification/) in place. These areas will now fall under government regulation.

Funny side note--a member of the parliament in India likened Bitcoin to a Ponzi scheme as recently as March of this year. Pretty wild.
"In a letter to the Finance Ministry and the Reserve Bank of India, Somaiya explained that Bitcoin is a pyramid Ponzi-type scheme. However, Somaiya was criticized for his inability to understand the structural and fundamental difference between a Ponzi scheme and Bitcoin."




How can this article be posted on "Jule 20,2017"?Today is July 15.You should change this OP.
Anyway,i hope that this "legalization" makes buying bitcoins in India cheaper than before.
I don`t care that much about Indian exchange platforms.People from India are free to choose any exchange
platform outside India.The indian government can`t do anything to stop btc trading.

i believe he meant to say June. and that makes this news kind of old.
i have to say bitcoin price is mostly because of the high demand in India, it has little to do with its regulations. the high price ($2800-$3000 last time i checked) was on their bitcoin exchanges like zebpay not on some place like localbitcoins!
and as far as platforms outside if India goes, it is nearly impossible for them to deposit money on any of those exchanges, which is another reason for the very high price on their exchanges.
3152  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂🎁 12 BILLION BET PROMOTION🎁Most Popular Dice & Roulette🎁 on: July 15, 2017, 05:33:50 AM
is it normal that sometimes when i visit bitsler i have to log in again?
is it the cookie expiring or does something about the website change, that eliminates previous log ins and logs out my account?
3153  Bitcoin / Bitcoin Discussion / Re: COULD SATOSHI NAKAMOTO BE HOLDING 2.2 MILLION BITCOINS? on: July 14, 2017, 07:09:28 AM
someone who hold such a massive amount of bitcoin (2.2 million or 5.1 billion dollar) is not stupid enough to publicly announce it, specially not on a platform like youtube.
first thing that is going to happen to him is that he will start being the target of hackers, thieves and other scumbags both online and offline. they may even attack him with machine guns!

second thing that will happen to him is that he will start being the target of the government and also the tax man. government wanting to know the origin of the coins, ... and the tax man wanting his share of the money.

so think again about the truthfulness of this. and try to think about "why he is pretending to have that much and what he is gaining from this online public stunt"
3154  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the best features of a given Cryptocurrency? on: July 14, 2017, 06:49:07 AM
the first and probably the only feature that a new cryptocurrency must have is to be a crypto-currency.
and this feature has been forgotten for some time now! the developers are only looking for adding features that attract most people in short term to make the most profit. but they forget that if they succeed in making a real currency then they will have the long term. like bitcoin does.

and in order to be a currency, fast confirmation is a good thing but we should not forget the cost of that. most of the altcoins so far have the problem with scaling and centralization of nodes and turning into a couple of master nodes! this is not a decentralized cryptocurrency! so nobody will use it in the long run.

the other thing is ease of use. the wallet, the integration into services like merchants adopting it must be as easy as possible.

anonymity is good too but it is not really an absolute requirement in my opinion. the average Joe is not looking for a high level of anonymity. they usually don't even care about it! the normal level of anonymity that a normal cryptocurrency offers is more than enough.
3155  Economy / Speculation / Re: HODL on: July 14, 2017, 06:41:38 AM
The price keeps getting yanked up and down so unpredictably that it's safest to HODL, and that's what I'm doing. I though it would crash at $2000, but it defied my expectations and continued climbing to $3000. After reading about people selling at $1800 in the hope of buying back in at $1000 I abandoned any thoughts of trading and decided to stick with HODLing. The market's just too unpredictable for me to risk trading.

it is just unpredictable right now though.
all these years we have had unpredictable times such as NOW. and they always go away and we can see clearly. many actually do stay away from the market at times like this and i think it is one of the reasons why volume drops a bit.
staying away and holding is probably the safest bet though. then after things become clear (like all the previous uncertain times) you can come back stronger and pick up the pieces.
3156  Bitcoin / Bitcoin Discussion / Re: Decentralized micro chat similar to Twitter is coming soon on: July 14, 2017, 06:09:07 AM
this reminds me of STEEM and how people thought it will be a revolution, replace reddit, blah blah
but so far it seems like whenever you mix money with things like this (posting, tweeting,...) the farmers will show up and mess everything up. and when that happens the quality of the whole system will go down and people will be less willing to visit it even if there is a good thing there.
so as long as there are alternatives like reddit and twitter for them respectively and they are cleaner and better, people will stick to them.
3157  Alternate cryptocurrencies / Altcoin Discussion / Re: Some guy made 200 million from ETH on: July 13, 2017, 01:48:01 PM
One guy made 200 million from ETH.
The other 96% just lost money..


You always hear one story.

haha,, this is actually what i came back to this topic to add to my previous comment here. glad i read other comments to see i am not the only person thinking this Smiley
people always forget that there are always two sides in a trade, one side is buying it over priced and once side is selling it overprice to the other sucker.
3158  Economy / Speculation / Re: Still Believing That Bitcoin Can Rise High? on: July 13, 2017, 01:22:11 PM
those articles were mostly because of over-excitement in my opinion. and what you are saying is also over-depression!
so far nothing has changed. price has gone up from $1000 to more than $2000 which is more than 100% rise in nearly  6 months and people are starting to act all weird because the "rise" has stopped. i mean this is already a crazy big rise for this whole year! and even if there wasn't any more rises and price stayed at $2400ish for the rest of this year the rise would still be the same percentage as previous years!

so why the weirdness about not rising!
3159  Bitcoin / Bitcoin Discussion / Re: JarzikCoin code aka segwit2xcoin already collapsing on: July 13, 2017, 01:15:43 PM
Do keep up. Now the spamming has stopped, either initiated by Barry Silbert and friends or the mining cartels, fees have plummeted again.

Fees may have plummeted from their highs, but they are still considerably higher than they were 6 months ago namely 5x higher.

Anyway, I always thought that it was the 'big block' side that was doing the spamming. It seemed to be the consensus on these forums and made logical sense, look there are too many transactions and fees are high we need bigger blocks.

But the timing of it stopping could now equally point to it being the 'small block' side doing it to force their solution of segwit through, now that it's highly likely that it's going through either with UASF or Segit2x no need to continue.

The 2mb part is still to come, if it's just a lull and resumes again post segwit, it will point back to the big blockers, because there will be zero reasons then for the small block side to do it. At least the question will be answered.

there has been some speculation about who is spamming and why, but i personally think it was the miners all along!
they had the incentive: increasing fees and making more profit, also showing we need scaling solution
they also had the money to do it: the extra fees helped a lot! up to 3.5BTC fees per block is 10 times more than what you use for spamming.
3160  Bitcoin / Bitcoin Discussion / Re: Offline storage? on: July 13, 2017, 01:05:02 PM
offline storage or cold storage is not just transferring your wallet to somewhere else. it is the whole process of creating hat wallet offline. and this offline doesn't mean turning your internet off. it means going on a clean computer or operating system at least which has never been connected to the internet.

in other words if you install Jaxx on your USB while on your common pc which is always online or if you transfer it to that USB on that computer, it means your setup is not a cold storage.

a simple solution would be to boot up inside a live Linux and do the wallet installation there.
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