How will there be buy orders on August 1st if everyone wants to cash out of BCC? (rhetorical question)
If everybody wants to sell and no one wants to buy, then you have a stagnant market is all. The actual value of BCC will then be zero due to no liquidity and everyone will be stuck with free dust. maybe marketmakers (exchange itself via bots) will then do the job? Probably, especially since the ask wall is probably not going to go down anywhere near 1 sat(BTC). How many people will have 50K BCC to place the minimum order at 1 sat on Bittrex for example? |
|
|
|
How will there be buy orders on August 1st if everyone wants to cash out of BCC? (rhetorical question)
If everybody wants to sell and no one wants to buy, then you have a stagnant market is all. The actual value of BCC will then be zero due to no liquidity and everyone will be stuck with free dust. |
|
|
|
On Segwit the precentage it's at 76% , approximately , and if they reach 80% the bifurcation it's not gonna happen sooo expect that the price will increase after 1 august.
Where are you getting your figures? Due to BIP91, the segwit signaling is now 100% on the current chain. |
|
|
|
You know ya'll stupid fucks could have announced your worthless coin later on in October so that people could prepare for this hard fork. But oh no, you had to wait until we were certain that no hard fork was going to happen on August 1st for you idiots to throw a wrench into everybody's happiness. Your shitcoin is going to get dumped and dumped hard the minute after everyone get's it for free. And I will come into this thread and laugh at you selfish fucks for forcing hard fork when there was no need for one at this time.
There is a limit on how much dumping can occur. After all, every exchange that I am aware has a transaction minimum. For example, I am only going to get 1.8 BCC. If the price goes below 5000 sats(BTC), I probably won't be able to dump. If it goes much lower, only BTC whales will be able to dump and it probably won't be worth their time to do so. |
|
|
|
How many people are going to dump their BCC to buy more BTC? Is this going to be the biggest dump in history and how will miners respond if BCC becomes almost worthless? Surely they will stop mining it right.
I also believe that this is going to happen the dump for BTC. Let's wait and see what happens on 1st August. Some exchanger are announcing that they will both have, like Xapo. Bitstamp are not having both. The coin will die fast IMO. Actually, it is a good thing that some of the major exchanges are opting to ignore Bitcoin Cash. That means there will be less of an available supply.... |
|
|
|
Bitcoin has ZERO, I repeat, ZERO value as a settlement layer because there already exists far better settlement alternatives - noble metals (gold and silver). This is why currencies were always derivatives of them in the past. Bitcoin has built-in middle men (transaction validators) and counter party risk while metals DO NOT. Bitcoin is a rent seeking usury system where miners expect to get a cut out of every transaction like the mafia while metals ARE NOT.
You need to be a complete lunatic to believe bitcoin somehow has better fundamentals as a settlement system than metals. Can you imagine issuing currencies as a derivative of bitcoin when bitcoin is already only a currency and not money in the first place? LOL. For the the 500th time, bitcoin is a currency, not money, which is why it's called "cryptocurrency". The value of currencies are derived from transaction flow, NOT stock.
i still haven't figured out how to get a silver coin into my pc to make a transaction . don't get me wrong, i own a bunch of pms too. however, i believe we will eventually be trading pms for cryptos to make transactions easier for ourselves in the future . It appears there are several options to get a PM backed debit card. Not sure if these are on the up and up. Also, the PM will not be in your control, but theirs. |
|
|
|
why the main bitcoin decided to just double the block size to 2 mb ?
and BitcoinCash decided they will put 8 mb ?
isn't 2 mb quite too low? maybe in a few years it needs another chainsplit to get more blocksize.
The current chain wants to implement the lightning network, which will process transactions off chain. The blockchain will then be used as a settlement layer. |
|
|
|
|
I wish BitcoinWisdom would fix their home page.
|
|
|
|
'
so the BTC-e issue is what a 'big shrug' to the bitcoin world....price is not affected...is that what people seem to see/think now?
would be nice not to be at the 'whim' of another gox issue that slams price down for a year
(still, have the bcc fud to look forward to and the 2mb thing in 3 months.fun times)
btc...the hot mess girlfriend you can't leave.....sigh
Seems like the bulls are undeterred, no matter what obstacle is thrown at them. http://www.youtube.com/watch?v=P3Nh5T61mQU&t=0m56s |
|
|
|
I really have my doubts about whether the government is going to return our funds in the status that they were... I have dollars and BTC on BTCe... so maybe like GOX, it could take a few years to regain access, if at all and then we might only receive a fraction of our amounts.
We gonna have to kiss our BTC-e funds goodbye? Let's see,... let's see?
I don't think there is going to be anything left for the depositors, especially after the legal fees BTC-e is going to have to expend trying to defend themselves. At the minimum, they are guilty of running an unlicensed money transmitting business. Maybe they will have good attorneys that can strike a deal that would cost a fraction of the $110 million the US government is now demanding, but I doubt it. From the government's official statement, it appears they want to make an example out of BTC-e. |
|
|
|
OMG, I think it is safe to assume that BTC-e is now insolvent. |
|
|
|
|
Boy we are quiet. Coin still has a heartbeat
|
|
|
|
How can I check which BTC addresses I've linked to claim my byteball?
Type hi to transition bot. |
|
|
|
Hey r0ach, if you are going to keep spamming the thread with all that PM stuff, why don't you at least post something new and useful?
I mean, we all know what gold and silver are... it's just that we don't agree on its future prospect vs Bitcoin.
But, something useful like which sites do you recommend to buy gold and silver with Bitcoin (because I know you can buy PM's online with Bitcoin.... but can't do the opposite.. fun fact!).
Also how to avoid paying VAT on silver.... or if we have to pay customs or something.... you know, practical information that might come useful some day I am drunker than usual and decide to buy some.
Also if it is better to buy bars vs coins (Krugerrands maybe?), etc etc...
He's already stated in previous posts that he prefers buying silver Eagles. 2nd choice is Maples and for silver bars, he recommended Sunshine, I believe. Here's a sample of what I have acquired so far. (Not exactly what he has recommended. I can now buy 2 months worth of cigarettes after a financial crisis.)  I bought my goods at JM Bullion. Not sure if they are what R0ach would recommend, but so far, I'm satisfied with them. |
|
|
|
HostFat, you're just drowning you reputation with this scam. You'll most likely make some money in process but I don't think it's worth it. Going for hard fork and break initial agreement just in order to make some money on this scam is so low.
How is anybody breaking the agreement? All the pools are still signaling for Segwit, as agreed. I don't think the NYA absolutely forbid creating a fork aka altcoin. there shouldn't be a fork, but these guys are too greedy to let it go Don't see anything in this agreement that forbids creating an alternative coin. All pools signaled for BIP91 and are now signaling for segwit to be activated, as agreed. Also, don't see a binding agreement that states all the pools' hash must be exclusively pointed at Bitcoin, |
|
|
|
HostFat, you're just drowning you reputation with this scam. You'll most likely make some money in process but I don't think it's worth it. Going for hard fork and break initial agreement just in order to make some money on this scam is so low.
How is anybody breaking the agreement? All the pools are still signaling for Segwit, as agreed. I don't think the NYA absolutely forbid creating a fork aka altcoin. |
|
|
|
the trend is pretty clear ... whenever killerpotleaf (adam) and jbreher (bear) show up here to spread more HARD-FORK-NOW! FUD and stir up the natives then price is going to drop.
pretty sure they are both on WuVer's payroll ... he throws them a few bitcoins to spread FUD whenever they get the word.
Where can I get on this payroll? I'm a bit of a bear anyway. Might as well get paid to troll.  you may have to convince him of your loyalty to the cause first ... whisper sweet nothings in his ear "Your blocks are so big Roger" ... "Everyone wishes they had big blocks like you Roger" ... you know things that stroke his ego and relieve him of his blocksize anxiety, "No, thse pants don't make your blocks look too small" ... it'll be obvious what to say but it may make you feel dirty afterwards. Perhaps I better pass then. If my partner caught me, I wouldn't get to be paid because there's a good chance that I might be in an urn on my mother's shelf.  |
|
|
|
the trend is pretty clear ... whenever killerpotleaf (adam) and jbreher (bear) show up here to spread more HARD-FORK-NOW! FUD and stir up the natives then price is going to drop.
pretty sure they are both on WuVer's payroll ... he throws them a few bitcoins to spread FUD whenever they get the word.
Where can I get on this payroll? I'm a bit of a bear anyway. Might as well get paid to troll. |
|
|
|
Now that replay protection is being added to Bitcoin ABC both Ledger Nano S and Trezor will be able to support BCC. You might need a firmware update is all. So the simplest solution would seem to be move all your bitcoin to a Trezor or Nano S before the hard fork. If you don't already have a hardware wallet doubtful you can get one delivered before Aug 1 though.
All my coins are in a Trezor. I'll wait until they come up with a firmware update. I can wait to claim. I don't need to wait for the instant of the fork, just so that I can claim and dump. If this coin truly is worth a crap, it shouldn't matter if I claim on Aug 1st or Dec 1st. I'll let all the greedy people who want to claim and dump vet the BCC wallet products for me.  |
|
|
|
|
Show Posts
