I'm so BIPping confused!  Ten blocks till the start of next BIP91 activation period... everybody waiting for wangchun and slush.
AFAIK Slush allows the miners to pick what they signal. Probably very complicated to allow for BIP91, BIP141 and BU.
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John McAfee is taking bets: In the long term Bitcoin moves above $500,000 within three years. Bets? https://twitter.com/officialmcafee/status/887012614131372032Send legal contract bet to: John McAfee 98 Scott Street. Lexington, TN. 38351 I would definitely take a $500k bet knowing that in 3 years I can sell one of my bitcoins for $500k to pay off the bet happily. Or he gives me $500k. Win win. I like his math. That would make me go from minnow to millionare.  |
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Scaling debat is reaching it's climax, Segwit lock-in incoming soon. If there are no problems prepair for a sweet price increase.  Unfortunately, we will still face the second hurdle come mid-November, when the 2x in Segwit2x comes into play. Hope it sorts itself out and we see a moonshot in time for Christmas. |
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Fuck you idiots, this shit is going much lower - don't listen to this noise.
Wow your enthusiastic, just not sure about what  Take another hit off the crack pipe, and deal with reality later (I guess) The reality is that when Monday came around, some of the bulls and "bargain" hunters had their bank wires come through to refuel. I certainly hope that you didn't try to short this on Sunday... Lets watch and see what happens you stupid bastard who can't read a chart. What are you talking about? If you see my recent post history, my posts have had quite a bearish outlook. Obviously, you are here to troll; so, I'm putting you on ignore. So don't bother responding to my post. |
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Fuck you idiots, this shit is going much lower - don't listen to this noise.
Wow your enthusiastic, just not sure about what Take another hit off the crack pipe, and deal with reality later (I guess) The reality is that when Monday came around, some of the bulls and "bargain" hunters had their bank wires come through to refuel. I certainly hope that you didn't try to short this on Sunday... |
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I wonder why not so many Exchanges are yet listing Byteball. What are they waiting for? Byteball trading has quite some volume, sometimes near airdrops it surges up to over 1000 BTCs, exchanges would earn more with Byteball than with many other coins that they are listing.
Well Poloniex for one can't handle what they have. They are still behind in support tickets, or so the buzz seems to be. This coin is probably too much to handle for Yobit. Listings on GDAX and Bitfinex are hard to come by. |
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If everyone dumps at the same time, we can all rebuy at $200 and start over again? Quick, someone call up the Winklevoss.
If everyone dumps to $200 and then everyone rebuy...... it will not be for $200. SImple math. If everyone who sold is thinking on rebuying we end up where we were before. Not if we all add to a buy wall of exactly $200.00. It would be like a flash mob. We'll call it flash crash 200.00 Unfortunately, I'm sure there will be some whale that will set their stop loss at $300 and ruin our plans. |
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If you own coins in a wallet to which you own the private keys then after any chain split you will own coins on both chains, you can keep both or sell both, either way buying now ( and taking coins off exchange) gives you options, buying after a fork, you have to pick which chain and hope you pick the right one, or buy on both chains.
I keep all of my btc on a ledger wallet and only +-20 on kraken it Good like this or to put nothing on kraken ? I would make sure that you move most of your coins to your ledger wallet by July 30th. Maybe earlier. Who knows if someone is going to deliberately try to clog up the mempool again. Transactions should be brisk on the 31st anyway.. |
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Ok for the holders, but we are not in a proof of stack. They may not give a shit but I don't think the miners give a shit of the big holders ?
I mean no miners no decentralized blockchain ?
You think a holder (soon to be x-holder) who is planning on making their exit cares about the state of the blockchain after they have the required confirmations to move their BTC to dump? I think not. |
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I know there is a lot of old bitcoiners here. One thing make me think that we are near the bottom here. Even at very low electricity rate we are now at $4,85 per day reward for mining with 1 S9.
I am sorry but it would make no sense to mine losing money. That would mean Bitcoin is dead.
So can somebody who think BTC is going to $1250 or below explain to me how that would work thinking that at that price every miner is loosing money.
I mean we all love bitcoin but there is a limit I suppose.
Most BTC holders these days are not miners. They don't give a shit whether the miners ROI or not. Especially if they are planning on making an exit and already have there coins at an exchange ready to dump. Yes, there are some big interests in mining, that may try to prop things up. But I doubt that it's going to be enough. Especially when many of these big mining interest are getting subsidized electricity from China... |
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Just another dead cat bounce downwards while the chaos continues. Like we all expected exchanges are slowly making plans to shut down, not really surprising to me.
Interestingly enough Bitcoin difficulty continues to chug upwards, not too price related but just something i'd like to point out. Seems miners will continue to mine no matter what the price is.
What? Since Coinbase, DCG and Coindesk are all in the same bed, I'm sure that the article is reliable on GDAX plans. |
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too much chaos/uncertainty =1200
I'm beginning to suspect that some whale(s) with an agenda are causing this crash, probably because they do not care for the upcoming "scaling solutions." (UASF and/or segwit2x) I still think it's rather "amazing" how we really haven't had much problems with transaction backlog since around the time the Segwit2x agreement came into play... |
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Below 1900 inside 48 hours.
Trust me.
Did anyone listen to me when I said this? Thought not. Buy the dip  Buy the dip is a fools errand. I'm not even sure buy the crash is wise at this point.
In other words, don't catch falling knives. |
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bitcoin 101 for newcomers (apparently): 1. you download your bitcoin node client and start it up 2. the node goes through a series of hard coded IP addresses to connect to one of them. these IP addresses are for reliable, always up, nodes (that is why they are hard coded anyways). you connect to one of them. 3. end of story. you are now connected to the bitcoin p2p network and receive the rest of the IP addresses from the nodes that you are connected to via a specific message. 1. when you open your node again. restart or whatever. your node has saved all the IP addresses of nodes that it successfully connected to before. now it has a bigger list. where is this DNS thing you ask, it is only a fallback method in case your node failed to connect to any of the nodes (hard coded IPs which are reliable nodes that are always up and responding) or your list of previously connected nodes. it connects to the next source to find IP addresses of the other nodes to connect to. in other words the "casual user" will probably never even use them! True, but for the extra paranoid, they are not bound to use any of DNS seeds as a failover. They can still download the source code for segwit2x, modify the DNS seeds any way as they see fit, and compile. Easy fix. Oh well, I don't run a full node anyway. I just use either Trezor's web interface or interface with Electrum. A full node is not really needed by me to access my 1.8 BTC. |
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I think it's starting to sink in with some people that FrankenSegwit may not come out with sound code; and with it's planned Hardfork, come November, it's just kicking the can down the road a little for another major forking threat.
It has horrible code. One of the hardcoded seeds is basically an anti-privacy (chain analysis) company by Garzik.  Easy fix. All one has to do is download the source code, delete the offending seeds and compile yourself. Of course, the casual user probably isn't going to do that. I'm worried about the other code. Since I only have a rudimentary understanding of C++, I'm afraid it's way beyond my capability to do an analysis.  |
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So how many exchanges are on board with UASF? How many wallets?
UASF has neither mining majority nor economic majority. I wish it was different, but that's the reality.
Here is the list on who supports it at the moment. http://www.uasf.co/I don't see any major exchange on the list. But I just scanned it briefly, so I might be missing something. |
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You'd better withdraw all your bitcoins from Bitmain before 1st August!
I wish that I could. But I purchased a contract, so I have to settle for whatever they pay me back with.  No option to opt out early. I suppose that I could attempt to sell my Bitmain account, but I haven't really attempted to do a p2p trade and would probably get scammed. |
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