Answer: None.
Most of the Altcoins are still in Alpha stage and some are still just concept, I will advice you not too get emotional with any of these coins. Make your money and move away don't get me wrong because I have made money through ICOs
This is the correct answer. Timing matters. Say you came into cryptocurrency in early 2014 lured by the surge in bitcoin, and decided to buy all the top ten alts. You would have ended up losing money, because all those alts were at all time highs - litcoin for example was at $40. So be careful, and take some profits when your coin is up. No-one ever got poor by taking profits. |
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So what actually happens now? Will the miners go for Bitcoin Classic or Unlimited, or does the bickering continue without being resolved for another year?
... it should have been a node consensus first, pool consensus second strategy. There's like 4000 nodes running core, and 3000 of them are signaling segwit. There are about 400 nodes signaling "other things" ... (XT, Classic, BU, etc.). It's as clear as day on the node side. Only miners hoping they can delay the fee drop and capacity increase a little longer. In other words we're at a complete impasse. Segwit can't get to 95%, but the miners won't try classic or unlimited unless the nodes back it and they won't. So I guess we're in for another wasted year, and meanwhile an alt somewhere will take bitcoin's crown, it only takes one good alt to do it. |
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So what actually happens now? Will the miners go for Bitcoin Classic or Unlimited, or does the bickering continue without being resolved for another year?
pools wont vote for either side unless they know nodes can handle it.. pools are smart enough to know about the risks of having nodes that cant validate data. thats what the 65% undecided are waiting for.. it should have been a node consensus first, pool consensus second strategy. not a pool first, node second. So how many nodes support Classic or Unlimited? Wasn't there a thing about a year back when Classic nodes were getting DDOSed by the Core people? Has that stopped? |
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With a 1500% ROI at $700 baseline, the $10,000 figure is appropriate (average price of used+new cars) Which implies we're still in the current bubble, we've merely encountered a correction. |
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Thanks man, since yesterday that I followed those links in gathering my fundamental analytical fact or information I was well informed. All this while, I do get information and news about bitcoin and other crypto currencies from coindesk.com, but since yesterday I find out that a lot of information and news are not published by them and I was very happy reading this treat. You ae welcome. Reddit also has a lot of cryptocurrency boards too. Here are some: https://www.reddit.com/r/ethereum/https://www.reddit.com/r/ethtraderhttps://www.reddit.com/r/dogecoin/ |
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The alts that have lasted have a community. Eg Doge is still a thing, and the Ether and Litecoin communities still support their coins. With no community, you just get a big pump, and then the coin dies and bagholders walk away disappointed.
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So what actually happens now? Will the miners go for Bitcoin Classic or Unlimited, or does the bickering continue without being resolved for another year?
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It has had an influence in that FinTech is a brand new industry that is built on the idea of blockchains, and they're employing quite a number of people on good salaries. Whether anything will come of it is another thing altogether.
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based on the million tx's (mine stopped at 1,048,575 results)
average tx confirmed in 40mins 30mins
average tx size 458bytes
average tx fee 36892sat-41750sat (depending on if you include or exclude the 0fee tx's in the average)
average fee per byte is 91sat/byte
max fee per byte of range 34883 sat/byte
min fee per byte of range 0
-- as for the max fee.. either the source data has an error or someone lastweek paid ALOT for one of their transaction
max tx size 98888 bytes (98.9KB)
min tx size 170 bytes
-- as for the max bytes..either the source data has an error or someone lastweek had a near 99kb tx(filling 10% of block with 1tx)
And that in a nutshell is the problem with bitcoin - 40 minutes is too long. Stuff needs to be confirmed in a few minutes if it is to have practical value as a currency. Then add in that the fees for this poor service are high, and why would anyone bother? |
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You need to do your own research, because there are lots of people pumping coins in this forum. I'd advise you to check reddit for info as well as here, and always google "xyzcoin scam" to see what the search engine returns.
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Instead of seeing you spreading indefensible and irresponsible fuds & making basic errors around i came forward pick this account name to burst your fuds. you don't like it? then don't tell fuds.
In other words you are hiding your identity because you are a China shill. Otherwise why not post under your own name? Now you are acting like a troll, so i will just end this conversation right here. The troll is you, who is trying to impersonate a member of this forum, while claiming that you arn't trying to hide your identity. If you have something to say, say it under your own identity. Your reluctance to do so, and your choice of a name nearly identical to mine makes EVERYTHING you say appear to be dishonest. |
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Instead of seeing you spreading indefensible and irresponsible fuds & making basic errors around i came forward pick this account name to burst your fuds. you don't like it? then don't tell fuds.
In other words you are hiding your identity because you are a China shill. Otherwise why not post under your own name? |
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@alyssa850
Why have you chosen a name similar to mine (adding a 0 at the end)? if you are hoping to trick people that you are me, you are a sad person...
You have a noob account and appear to be a China shill, trying to hide your identity. Why don't you post under your real name?
Stop attacking people here just because they point out that you are a troll who is fuding around. Why i am a China shill? I am not saying they are good but just telling the truth story instead of fuding like you do. i have no need to hide my identity while telling the truth.You might just be an anger internet kid who has some mental issues of hating newbies. I am pretending to be you? come on i quoted your bs fud publicly and corrected it clearly. who will mistake you(fudder) as me? You set up your account today with a name nearly identical to mine (I have been here since 2013) . Why not post under your own name, my dear little china shill? And you ARE a shill, you are defending exchanges that are known for their fake volume, corrupt behaviour and manipulated markets. |
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@alyssa850
Why have you chosen a name similar to mine (adding a 0 at the end)? if you are hoping to trick people that you are me, you are a sad person...
You have a noob account and appear to be a China shill, trying to hide your identity. Why don't you post under your real name?
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Chinese bitcoin exchanges charge zero trade fees Many things come to mind. 1. Why aren't all traders trading there ? I imagine with zero trading fees bitfinex, ... have a hard time gathering volume. 2. Bots ? Aren't they dominating because of this ?  Lots of the whales were trading there. Especially as those exchanges also allowed crazy levels of margin trading (10x yoru stake and sometimes 50x the stake). What put people off is that non-Chinese people weren't supposed to trade there, and western traders had to use VPNs to get past the Great Firewall. And the Chinese exchanges charged huge fees for withdrawing fiat. Which probably encouraged shorts to push the bitcoin price down, so western whales could buy cheap bitcoin and then transfer their coins out to the western exchanges, where they could sell for dollars. We shall see of the PBOC crackdown changes anything... |
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https://blockunchained.com/how-chinese-is-bitcoin-part-1-trade-volume-795ac3ed221b#.90a2ky9mjIn bitcoin, not all is as it first appears
Recently, one of my close friends asked me how Chinese bitcoin was, suggesting that over 90% of bitcoin is Chinese.
China’s role in the bitcoin industry is at the same time both widely discussed and deeply misunderstood. Reporting on the topic is mostly to blame.
This article is the first part of a series of posts that attempt to correct this misunderstanding. In the series I will be explaining why:
China’s trade volume is misleading
China’s dominance in bitcoin mining does not translate to control
Thinking in terms of nation states doesn’t work when it comes to bitcoin. This is legacy thinking. I thoroughly recommend reading the whole article to get an insight into what exactly is going on in China.
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