i didn't call it "bullshit" you did. i simply pointed out what OP said about its ICO and how that is contradicting with what the official announcement topic of this coin is saying.

and me being interested in "CHORDS system" has nothing to do with the project being good or bad or the fact that it indeed had an ICO. and it is not laziness it is the fact that i value my time a lot. and if i wanted to waste it on every new "pretty" feature a new altcoin is giving i would be sitting behind my desk reading stuff online all day long and getting disappointed in 99% of the time because that feature was just "pretty" looking from afar.

"crypto people" were once like this, but now they all want profit.
so when they see a pump they join in, the pump gets bigger, then more join in and the pump gets bigger, the experienced ones get out with lots of profit and others get dumped on and stop being "crypto people" at least for a while until they realize their mistakes.

i wouldn't call >3300% rise in 40 days as "a bit inflated" that is called a "big ass bubble"
and in my experience whenever people are talking about "holding an altcoin" that usually is a good Que to start thinking about some exit strategy because the selling time is getting close.



i think if banks want a faster transaction they will start their own internal blockchain system (which they are already doing) and not rely on another altcoin which they can not fully control.

we can not possibly tell you if or when it will go up or down, you should have bought when price was low not after they were pumped. when prices of altcoins rise this fast and this big they are pumped and the higher they go the bigger the chance of a big dump becomes and it is getting harder to pump them further, although altcoin pumpers this year have been getting stronger and the newbies in the market have been growing so the pumps are so much bigger now!

Who should I believe? LOL

and we are talking about 650,000,000 coins by the way not just a small amount and all of it is ICO 100%

and listed on Yobit! come on, that is screaming fake pump and it is being fake pumped as a matter of fact.

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with that said, i am very interested to know more about CHORDS system can you give me a TLDR ELI5 version.

actually market disagrees with you, when it comes to consistent volume, consistent rise and not just 1 week to 2 month of pump and then 1 year of dump, number of merchants, number of transactions and 20 other things that i keep repeating in my comments. bitcoin has the 99% share of the market.

but when it comes to marketcap, and when you can summon coins out of thin air by adding a different line of code so that you have 90 million coins ($8 billion market cap), 38 billion coins ($9 billion marketcap), and so on, of course bitcoin's share goes down! what else did you expect out of thousands coins like this against one bitcoin

do you mean like extortion money in order to stop? i haven't heard anything about it in their statements though, so it seems more like someone who is either butthurt from this site for being banned or losing or something or someone who is butthurt because bitsler is its competition

that is ransomeware as far as i know and has nothing to do with DDOS!

that is irrelevant.

the link itself is saying the total amount paid in ransom is $23,000 even if it were 10 times more that this it still doesn't explain the high trading volume coming from these exchanges.
Korbit shows $13,396,160 daily volume
Bithumb $40,365,885
Coinone  $14,472,240
btc-e  $24,710,147

that total amount paid is nothing compared to these numbers!

it is 3 days after the end of the dump so i think we are in the safe zone
the volume looks good and i don't think the pump is over yet, don't forget that price went up 600+% and it needed to get dumped. i don't think it can get dumped lower than 0.015BTC unless some weird news comes out.

well i believe litecoin is mostly a testing ground for bitcoin, let the SegWit work on it for a while and then let all the other additional features be added such as LN and if successful they will be added to bitcoin and litecoin will be back to being just the copy and nothing more.

they are still trading on all those exchanges despite not being able to deposit/withdraw. you can see the high volumes which still exist.
but you are correct that they have moved to a more p2p option.

why won't they come back?
a regulated exchange is 100 times better than an unregulated exchange which nobody is looking into. they can no longer do anything fake, illegal, and they can no longer scam and run away as easy as before.
and more people will trust a regulated place than an unregulated one. just like Forex places.

again i don't see why would they do that, as OP has also pointed out price of bitcoin is extremely low in CNY.

you are saying "traders have waited this long, held their coins and not sold, waited until all the problems are solved with the exchanges, they come back under regulation laws and safer than before and then they sell". i don't know but that doesn't sound like a logical action to me.

things are scary a little in ethereum and etherum related stuff at the moment, with poloniex having problems and them dumping most of the altcoins, the risk of prices tanking is very high. not to mention we are in a big bubble all over the altcoin market.

also there have been a lot of ICOs using this platform and we all know how they are mostly scams in disguise. and when they start falling apart they will take down the price with them.

to OP:
you don't need to update the balance each time it receives a transaction, there are so many cool tools for it

use this one:
replace <address> with address and <color> (html-like hex code) is not needed but is an option to change the color of the text.
ref: https://btc-priceimg.herokuapp.com/

example:

- there is no upcoming fork.

- if a fork occurs it depends on how it is done.
1. if it is like the last hard fork of bitcoin, with consensus and with overwhelming majority wanting that fork, it will happen smoothly and the "consumer" has nothing to worry about.
2. if it happens any differently with no consensus, and we end up splitting and having 2 chains then things get tricky. because again many different things can happen.
2.1. the other chain can be attacked, miners give up and move to the new one, nobody uses one of the chains, the price drops, .... final result would be a singular chain.
2.2. we have 2 working chains, same coins on both chains and wallet developers will find a way to give the "consumer" some way of user friendly deciding what to do, and you don't need to worry about it right now.
for example this is the statement Electrum developer made: http://docs.electrum.org/en/latest/hardfork.html

this looks more like a pre correction kind of dip, i am afraid we may see more drop when the ETF is rejected once again, not that ETF matters, it is still the same useless thing but traders seem to like the effect it has.

but that is all for the better rise in next phase. we have already had the same thing happen when price dropped from 1200+ to 900 once. and now we may see the same thing happen again 1800+ to 1500(?) and back up to $2300

be very careful with the platforms you choose, for a big coin like eth this kind of big difference is not normal. and it can either be a trap placed by that other platform which has higher price to get some people to deposit money so they can steal them.
or it can be because that second platform with higher price has some problems, which means your money will be stuck there.

an example that everyone can understand is the case of Bitfinex having a $100-$150 higher bitcoin price for the past month. it is better now but by that time it was because of the problem which still exists by the way.

bitcoin price was pumped back in 2013 because there was only one big exchange called Mt Gox which controlled all the bitcoin trading volume. it had nearly 75% to 80% of the market volume.

(sounds familiar doesn't it, Poloniex having same share of the volume in altcoins)

yeah the thought of bitcoin being a real word currency could have affected the price but not as the main reason. the difference however is that even back then there was a lot of real world usage for bitcoin.

but it has never been true about any of the altcoins, most of the top altcoins in lists are centralized anyways!

as i always say, people are in denial during the pumps and as long price is high. and when it drops they start panicking and the sells starts catastrophically.
same thing is true about bitcoin too, when it rises too fast, it will drop. but the difference is that bitcoin is going to be bought back again because it has a good future and still has real world usage but not altcoins. the dump will kill most of them and the bigger ones will go back to low prices and stay there until a long time to get pumped again.

you can't stop people from treating things the way they think is best.

if they want to treat bitcoin as for "only speculating" they are free to do so.
if they want to treat bitcoin as a decentralized "freedom money" they are still free to do so.

if people want to treat gold as only a speculation tool they are free to do so.
if people want to treat gold (nanoparticles) as an "efficient targeted cancer drug delivery" they are free to do so too.

you can't blame them.

first things first, if you think bitcoin is shit, then go away! why the hell are you here. go and use whatever you want, nobody is forcing you to stay around and use bitcoin.
there is no gun to your head...

still here, i guessed as much.

if anything can replace bitcoin that would be Litecoin, if not Monero, if not even Dogecoin has a much better chance. these altcoins may not be perfect and they surely have a lot of problems but at the very least none of these are centralized like ethereum and also none of these have as many bugs and exploits as ethereum does. and also these coins have a better distribution, unlike ethereum which has 80% of its coins controlled by a few people

that is right. thanks for saying it. let me repeat it a couple of times.
No other altcoin would get away with $.50 transaction fees.
No other altcoin would get away with $.50 transaction fees.
No other altcoin would get away with $.50 transaction fees.

even if bitcoin fees were $2 people would still use it. No other altcoin would get away with even $.10 transaction fees.

this is the SegWit activation effect, price is dropping because it is finally the news date! and also because it was pumped recently and it was in a bubble, but it is not the end.
there will be a correction which seems to have stopped for now, but it is possible to go lower too. and then after the correction finished and whales accumulated enough there will be the next phase of the pump and in that 0.028BTC is too small a rise! from 0.0172BTC (current price) it can easily go up another 100% and at least to 0.035BTC and if lightning network is activated on it faster, we may see the $100 too.

well lets see.
- ethereum is centralized.
- it had an ICO which is not something that SEC can approve of
- the price is highly volatile (one of the reasons they denied bitcoin ETF)
- it is not regulated. (the main reason they denied bitcoin ETF)
- it is manipulated and again SEC will not approve of this.
- ethereum was never meant to be traded, it was the platform which then had the tokens called ETH which was traded and gained value.
- it is not even as old yet!

so yeah, if SEC approves ETH ETF then they must be some more stuff behind the scenes that we can see right now.