When will we see? Price seems to get stuck just below.
haha, I am actually watching the market right now, LIVE price went up to $3500 but somebody decided it is a good time to unload some bitcoin so he sold 43 BTC in one order (possibly a bot or a trigger or something) and price dropped with the follow up of 18, 1.5 and couple of smaller sells. ... now back at $3470 and creeping up again.
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The core developers cant stop the hardfork, only miners backing out of the agreement can.
And there's a very good chance they will. Segwit was production ready regardless of how anyone feels about it. As far as I can tell no one's seen 2X code yet outside of the little bunch of fellas making it. I don't think miners are bonkers enough to pin all their investments on something so rushed from a bunch of unknowns. Yes, that will only hurt the Chinese miner's investments more. But with BitcoinCash around, maybe they would be willing to let go of Segwit2x and slowly start supporting BCC. I believe both could become successful in their own way and make more people rich in their progression. we can only hope that people start looking at the "long term profit" instead of what they can earn in a short term at the cost of harming the whole system and worst of all opening way for the competition to become bigger and take the market out of their hands. we have seen in the past months how the altcoins got pumped and now the only reason some of them are still staying up is because of the problems in bitcoin.
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please do something about your servers, for the past couple of days it has been impossible to do practically anything in your website. I keep getting the warning page of cloudflare which says "website is offline". and in the chat I saw others also have the same problem. i'm wondering how the referral program works..
i've referred my customer to trade in c-cex and they started to trade for sometimes..
but i can't view or get anything from this referral program..
I was also wondering about this. the only way to see them is to see how many you had referred so far. the link is here: https://c-cex.com/?id=profile in the "Referral System" tab. but it would be great to see a table instead of just number and how much each have given us. I already have 2! and I don't remember where I posted my link
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I'm new here, but it's depressing to read all fail and bankruptcy stories. Let's share some success stories to brighten up the mood and inspire some people. the thing is, when people make money and are successful they don't just come and share it with others. specially publicly on a forum and with random people. but when they lose money they are more than happy to share their failure and losses with others to seek sympathy. which is why you see a lot more "I lost money" topics than anything else! and here is a success story for you: with $3400 you could have bought 17 BTC in less than 2 years ago and now with $3400 you can only buy 1 BTC and in 2 years from now you will only be able to buy 0.01 BTC with the same amount of money. that is a success story for you.
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The largest single address (1JCe8z4jJVNXSjohjM4i9Hh813dLCNx2Sy) since late last year has recently moved about 57% of the coins to numerous addresses... my first thought given that the movements took place within a 3 hour window on the 8th turning into the 9th of August was that this address belonged to BTC-e... largely due to the news out that they were able to recover 55% of seized funds. But if that were the case and you had control over the master address, why wouldn't you move everything?
Anyone else have thoughts on the recent movement of coins?
Some big whale is selling his bitcoins and cashing out the profits. This is the most obvious theory.I thought that BTC-e was closed by the authorities,not hacked. Anyway,this is a pretty interesting time for bitcoin and bitcoin holders. The big whales are selling their btc and the price continues to increase. this is awesome if true. one of the downsides of bitcoin is its distribution, and while that is the best you could hope for but it will always be people who bought bitcoin and are holding it from days of ultra cheap bitcoin like below $100 bitcoin. (this particular address dates back to 2016 though). and I am always extra happy when I see some whale sells his coins, because those coins are coming into circulation and eventually leads to a much more fair distribution. there is only 21 million coins after all! p.s. my guess would be a whale moving the coins to a safe place before he imports the old empty private keys into a bitcoin cash wallet to dump the BCC rewards.
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this is a good point. people tend to prefer regretting instead of making a move. and it is not about the short term fluctuations, and it certainly is not about buying in the exact right time or absolute bottom (as a couple of comments here say). it is all about the long term holding and the profit that it can give you then, lets say in a year from now. these days I keep posting this topic here: https://bitcointalk.org/index.php?topic=1790863.0because it really suits the current situation. for example back in 2016 people said $750 is too much, now it is nearly $3300. I keep updating that topic every 6 months or so to show the long term change with the focus on the 1 in a million notion. you can see 1 in a million costs $20,000 more than my last update!
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I see transactions with fees as low as 0.0001 BTC or 25satoshi/B being confirmed in reasonable time, and the mempool has less than 200k confirmations.
I think the worst of transaction fee problem is already done, in my opinion
this is what happens when spam attack stops. most people seem to have lost their long term memory apart from the short period of couple of months (maybe 4 or 5 months tops) in this year, fees have been very low. they never exceeded $1 for the most part and then the spam attack started in that short period of time and fees went up to ridiculous amounts. and now it has stopped so they are low again. the same will be always true, if a spam attack starts fees will go up again. or if bitcoin adoption grows too much that the block size no longer can handle it, the fees will go up again. the good news about spam attack is that it can not go on forever because of the costs.
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none of them! and they all have the risk of turning into Mt Gox or Cryptsy or a dozen others that ran away. these exchanges are not exactly regulated and they can easily fake anything they want from volumes to prices and to walls to manipulate. of course the effect each of them have on different cryptocurrencies are very different and on different levels but it exists.
among crypto currency exchanges we have to choose among bad and worse. so we choose bad. if I want to rank them I do it this way: for bitcoin: Gemeni, Kraken, then bitstamp, bitfinex. (I don't like Gdax much). for altcoins: bittrex and then cryptopia and then c-cex and after it at the end of the list poloniex.
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the "fork" is scheduled for 3+ months from now in November. your title is a bit misleading. and so far we don't know what the future holds, for all we know from tomorrow everyone with 1 GHS is going to start a new fork and start calling it "bitcoin something" because it is the new trend these days ... and we get richer every time they do it when we dump on their heads.
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right now BCC (BCH) market is very small and despite all the sell pressure it is easily getting manipulated and swings around. I have been enjoying the profit that it gives me so far, I've transferred some coins to bittrex in addition to what I already had before Aug 1st to get the BCC and I have been trading it in the past 8-9 days. I don't have any hopes for it to go to $1000 though. it most probably will continue fluctuating like this and give us profit until the regular users can finally get their hands on their BCC tokens and dump them, that's when real crash happens and it would be tough to go to $1000 from there.
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There are too many paranoid people in Bitcoin right now. Or maybe they want the price to crash because they sold when the price went down to $1800? Some people go far to say that the market is being manipulated "MtGox style". How can an "entity" manipulate the whole market through Bitfinex if Bitfinex does not have the market dominance than MtGox once had? the entire market pretty much goes red and green at the exact same time for all top coins but ya no way an entity can do much to influence price lolololol everyone around the world agrees to buy and sell at same time without cause, sure thing ;( oh boy the sarcasm is strong with this one Mt Gox left a sour feeing for everyone. now whatever people see the first thing they think about is Mt Gox. they see a wall they say Mt Gox, they see a drop,... they see a rise,... they don't see anything ,.... but the fact is Mt Gox was like the only exchange back in the days. the others were completely irrelevant. the volume coming from Mt Gox was about 75%-80% of the total volume. and yet people are still comparing that kind of control with the pathetic 8%-10% volume that bitfinex has!!! and to address your sarcasm, the same way price of anything else in the world (lets say Gold price or USD/EUR price for example) change everywhere at the same time and in the same direction, bitcoin price is also changing. if you think everyone "everyone around the world agrees" to buy gold then the same is true about bitcoin too!!
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If you have notice recently the price of bitcoin is constantly on the increase in the exchange market, today bitcoin go for as high as $3412 and still counting high in some days to come. So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.
if you are not a day trader then there is no good time to sell bitcoin because price will always rise before you can turn your head and look at what happened to the price after you sold. and in case you are not a day trader you should only consider the long term investment and the long term profit of bitcoin. take a look at this topic to get the feeling of what I mean by "long term": https://bitcointalk.org/index.php?topic=1790863.0if you ARE a day trade then after a big rise is usually a good time to sell and then immediately place multiple buy orders at lower prices where you think is going to be the support or below support (conversely the price that you think can be reached).
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This is my project https://cyber-lobby.com/ a platform for playing DotA 2 for money, I have an idea how to make it more popular and thought out with the help of a blockchain. What do you think of it? I am into dota2 also. Your idea is nice in which we can gain money just by betting on our game. Well, we can improve our gaming style because we bet for money. We can arrange a 3vs3 or 5vs5 tournament with a prize fund, what do y think? it would be extra cool if you could get the Steam involved too. I mean really register your tournaments like all the other tournaments that are going on (International, and all the small ones that I have forgotten the name of). you can call it the bitcoin tournament or generally a name with bitcoin in it. that way you are hitting multiple birds with one stone: - advertise bitcoin and get more people involved (steam already accepts bitcoin payment so I don't think they would mind) - advertise your tournament and get some real players involved and some teams to sign up. - get a real prize pool - even release a compendium thing like TI and get people to design item drops for the compendium and also add the sales of the compendium to the prize pool. - get live commentary (this is the best feature in my opinion, people can watch the games live through their client and have commentary on it) it is a lot of work I know, but it is worth it if you are in it for the long haul and have bigger goals than just getting some people sign up and compete so that you can earn some satoshi out of the ICO.
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It is just a start. Next stop is $5000
I'm not sure that such a dizzying rise in prices is good. This benefits only the owners of the coins. There are too little opportunities to earn bitcoin to not be interested in its price. Buyers of coins, this price can be daunting. if price goes up to $5000 it means that these "Buyers of coins" are buying it that price had gone up that much! it doesn't magically get there. for the record I don't think $5000 is possible this year (although I have been wrong before) but I should mention that the fast rise is not unheard of in a market like bitcoin which is growing very fast and with a high rate of adoption. it is still young and there is a large number of people who are just hearing about it and want a piece of it. and never forget about the 1 in a million thing with bitcoin.
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first of all that article is very old (3+ years) and secondly it is not even well written. and there are a lot of these articles and topics all over the forums. and in the end people make mistake themselves such as leaking their 2FA key or their password or even I saw leaking their API keys and then blame the services. I strongly recommend enabling your 2FA, you are ignoring a very strong layer of protection. and learn how to protect your account properly instead of reading BS articles on random sites.
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it is as good a time as any for me to update this with the latest dips which was practically the same panic/manipulative dumps before the start of the new rally to the current $3400 price:
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I got really small payment around 20 k satoshi where i am seeing alert in red color "may be at risk for double spend" even after the transaction is confirmed please tell me is this having any issue for further spend .
if you are talking about bitcoin and also if the transaction is already confirmed and has more than 1 confirmation then you can be sure that there is no chance of double spend. and blockchain.info is just showing that warning because they haven't yet dropped the other (now invalid) transaction from their mempool. if it is not yet confirmed then it is a different story (but you said it is confirmed so I won't get into that)
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whenever price goes up everyone starts talking about bitcoin! as if they never knew bitcoin existed before, or as if they never knew bitcoin is very scarce and with the ever growing number of users the price will only go up. the speculations are also silly at this time. saying it will go up to $5000, $10,000 now that it is on the rise is worthless. the valuable speculation was when it was going down, when I was saying it is a repeated pattern of a FUD dump first then a jump back up leading to a rally second. you can see it here: https://bitcointalk.org/index.php?topic=1935374.0
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You think it might drop lower than $2300 in August?
last month with all the fear and the FUD and all the drama (which was mostly true because of UASF) price dropped down to below $2000 (less than 20% drop) and it only lasted a day and came back up in less than a week. right now price is headed for $3500 and we no longer have any kind of big drama or FUD for months. it is all clear path ahead of us. worst case scenario if the same FUD and a lot more drama happens (which won't for a couple of months) is a drop down to $2900 for 2 hours and jump back up to $3100.
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