I'm not sure whether segwit or segwit2x will be the one or better than each-other.
But I've seen on the news that miners expected to signaling segwit2x on Friday July 21, but it seems segwit2x support has reach over 88%, whether it could reach 90-95% in the end of this month or miners will switch to segwit, then chain split not necessary to be happen. Do you think it could be happen?
Let us just hope that it can happen...I know that many Bitcoin holders seem to be afraid of the possibility of a split though there are those who are also saying that a split is not that catastrophic actually. Some are pointing to what happened with Ethereum where it took time for Ethereum to get back to the growth path. Whatever would happen I think we just have to accept them as generally speaking small Bitcoiners do not have any power to change the course of Bitcoin history. We just have to be prepared for any possibility. Certainly miners are showing their strength to be signaling for BIP91 and later activate Segwit2x but economic majority(that support the most of the Core devs) are waiting to start activating Segwit, So to put it in very simple terms, What is being is fighting a battle between those who seek to centralize BTC and those who do not, so to sum it up the small Bitcoiners as you call them, amalgamated between them constitute a powerful force also and are free to choose which option to choose, So they should only be kept as informed as possible before they can decide. |
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bitcoin will split into two chains, one that will have segwit activated, the other one will now. So there you go, there will be a version with segwit live on August 1. You just have to make sure that your exchange, or your wallet supports segwit before the transition and your coins will be bitcoin with segwit. Make sure you are on the right side when this come because one coin will die. Also I suggest you to diversity your investment and buy litecoin, it already has segwit, so if bitcoin activates segwit succesfully you win, and if not litecoin already has segwit you will win there as well.
Let say if I choose the correct one, will bitcoin value will back increase like golden days like ever before ? Actually I'm also worried and my friend also yelling on me and asking my opinion about SEGWIT things. Ofcourse I need to calm them and myself for preventing any bad action I'm afraid the picture that is glimpsed is not very good, There are too many things that are converging on that event, At this rate and considering the days that are missing the price can be collapsed until the $1000 or less maybe but that is a mere assumption, And perhaps the worst for many peoples while the price continues in free fall neither alt can be considered safe option, The risk of splits is too much even to ensure that the price will recover soon. |
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After reading this news https://bitcointalk.org/index.php?topic=2017191.0Is the bitcoin on different exchanges is also at risk? Should we try to withdraw it? What can we do to protect our bitcoins placed at different exchange sites like polo, bittrex or another? I believe that all Bitcoins are all at risk whenever that they are on an exchange regardless of any event that may come. So basically, even if the possible hard fork is not around Bitcoin at any exchange can vanish into thin air. Possible cause: exchange was hacked, exchange server behaves haywire and die, or the owner ran away and took all of your Bitcoins. So with Segwit around the corner, it is best to withdraw your Bitcoins or buy alts. In the event that what you just mentioned could happen that is the risk of leaving BTC on exchanges then your second option must also be completed as withdraw from the exchange also,because otherwise it would be the same risk that you mention buy alts and stay these in the same place it would not be logical, On the other hand, I do not think that the exchanges will allow a massive exit of BTC's so at some point they will freeze the withdrawals maybe, At least a few hours before and after that date, But that's just a guess does not mean it's really going to happen. |
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It looks like you need to read up on how Bitcoin actually works.
Faucets have never supplied any significant amount of Bitcoins to anyone.
Bitcoins are created by miners who basically verify a ledger in exchange for Bitcoins. If they find a solution for a mathematical puzzle that adds another block of transactions to the ledger (Blockchain), they get rewarded for it. That's how Bitcoins are created.
If you want to get Bitcoins, the best way to do so is just by providing a service and asking Bitcoins for that service. But that's just my personal opinion...
You can also earn Bitcoins by investing or trading altcoins on exchanges like Poloniex or Bitrex.
You are right and that's a very good explanation, That's the way new ones BTC are created, and on the other hand once created the BTC become property of the miners according to the case, And then in the process they sell or donate these and there are more suppliers that before and so on, The question that was elaborated at the beginning you just answered it very well, Some new users might think that the only suppliers are the miners but not it's really not like that. |
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No one can accurately predict the price of bitcoin, but I do not panic about August 1 and think this is another panic that tries to undermine confidence in bitcoin and sell coins ahead of time.
I am not sure how people will react to the news that there will be a fork and about the split,the chances are people who invested recently might cash out because of these things and i feel like the price could go down at the end of this month,nothing is certain but it is my speculation that it might go down in the coming weeks and if that happens i would gladly grab it. Could happen as you mentioned, It's possible but if that happen do not forget that many would be in that situation of waiting and if the price fell, Should rise quickly again, Lately a lot of optimism has been seen everywhere, The conditions are very different of what they were before, every time they seem to be more users and therefore there is an increased demand, Without a doubt that day will be interesting to observe and see that is what happens with that situation. |
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Actually we don't really need to push because when everyone realize the usage of Bitcoin they will start to accepting Bitcoin the problem is some people knew Bitcoin as a criminal coin, so they don't want to used or accept Bitcoin, if Bitcoin popularity and usage can be spread in positive way, I believe we will gained more users
When I say bitcoin to some of my friends they say it is for deepweb only and I think we need to change the perspective of other people to the bitcoin as soon as they know how bitcoin works and get educated about it they will actually accept bitcoin. And actual use of bitcoin is no need to push. Unlike you, my friends do not know about bitcoin, and when I talk about it, they think I'm a fool. I used to feel angry, but now, I feel they are really stupid. Well, That is because not everyone thinks of the same way, And it does not mean they're stupid either, I suppose there will be things that interest them more and not you, In the same way if they think you're a fool, They are wrong, And maybe later you just answer them "I told you", And in that time now you will be the happiest, And they could say you "because we did not listen", Anyway whatever happens the friendship that exists between you and them must prevail. |
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What are you asking? Are you asking if the price of BTC will forever rise?
Nobody knows. Nobody has a crystal ball. It will go up, it will go down. How long each leg will be up or down, nobody knows.
I think a lot like to think that BTC will rise, especially on this forum, let's wait and see.
You question implies how about something transgenerational because only then would it grow in this way described maybe, In this case it would be unwise to say yes or no, but it is very likely that at least a decade more will remain operating and serving many users, The world is transformed, some ideas change from time to time, for example I am surprised by the car assemblers and the machinery they use, I do not want to imagine the next twenty years in the future. |
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Hello,
Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?
I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?
Bitcoin has the best team of developers, altcoin developers often screw up and have to do hard forks, and they might even be very centralised, like Ethereum. So there's much more than just history to Bitcoin. Bitcoin also has the biggest amount of nodes, miners and hashing power. meaning it's the hardest coin to attack, while smaller coins could be an easier target. You mentioned very good arguments in a very simple and clear way, if I would add one thing would be the simplicity of use for the common user if we relate it against others coins, if we talk about arguments outside of that context perhaps we should mention as an argument the fungibility which is what is required for common transactions, I guess. |
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I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
My country is not forbidden bitcoin but has not yet recognized it has not allowed use it as fiat money. I think it will take a long time for bitcoin to be recognized and allowed for use in underdeveloped countries. Actually, bitcoin is not illegal. Just like in my country they are not prohibited not admitted. But many offline stores have already acceptedpayment using bitcoin. Hopefully the future bitcoin will be accepted around the world. Everything is linked in the majority to the way of thinking of each country and at its time, for example the way of dressing, in that sense each country has its rules based on the criteria that its habitants and their rulers have been defining with the passage of time, so we could talk about official norms,social norms and religious norms, in the case that I mention you about the way of dressing varies in each country and culture through different times and some rules or norms are left and new appear or modified, is an extremely complex mechanism of coexistence and interaction, but not to deviate much from the central theme, in the case of BTC it's the same thing, is perhaps a new paradigm which breaks many traditional schemes and only through time are things changing. |
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I'm sure that bitcoin and crypto-assets are hot now in every university and some schools
You correctly noticed that this is only in some universities and schools. The fact is that it turns out a very narrow circle of people. And for general education, even our teachers do not have enough professors in this field. Schools can not do everything, I suppose if that were so, i.e. that subject would rather enter university level upwards, I think it is still still in the experimental phase whose scope cannīt yet be defined, I also suppose that education in each country is something different, what I want to say is that I think that in some countries it is more subject to speak than in others for different reasons that I would not have to discuss, and under that premise it could be that in certain countries that subject was already addressed in certain subjects of economics classes. |
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I red that wall street experts expect bitcoin to reach 55,000$ by 2021!!
If you could cite the source would be more appropriate, itīs only 3.5 years from now, those expectations seem too high in such a short time, so if you put the link would be interesting to know what they are based to say something like that, also read the full article would be very interesting. |
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ETH is quite low in value by the end of 2016. This gave an unexpected growth by the year starting and this is counting. Ethereum will be growing gradually over the years and periodically we can expect such price pumps to take place and reach $500 - $1000 by 5years from now.
Everything is possible, that would be as long as it manage to at least keep an acceptable level in terms of functionality such as the speed of confirmation of transactions and other things like that, another aspect that perhaps may influence to a certain extent might be the number of the ERC 20 Tokens that are in there. |
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The ETH receiver is down.
ETH sales increased.
Coming soon $ 190
Everyone is talking about ethereum collapse but I never find these opinions realistic. The demand for ether is still high enough. You're right, but maybe is not only ETH who is going down in price, in recent months the majority of the market had grown significantly, remember that it is still half of this year, on the other hand, there are those who refer to the many ERC 20 Tokens which have been appearing as the cause of the decline in the price talking about ETH. |
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emerald wallet is there, but nothing changed ... plus , its in alpha stage, we cant even store etc inside .. How do you want to expect a pump if the dev team is not able to deliver a usable product ? it seem they launhed the alpha too fast,
Unfortunately I don't see a big future for ETC, it has limited development and there are better platforms available now than both ETH and ETC for icos. It may be true what you say, but nevertheless maybe still has an advantage over ETH, and it's limited supply, uncertainty will be when ETH switch to POS, itīs not yet known how this will affect the price whether in a positive or negative way. |
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These ICO's wouldn't stand a chance in conventional venture financing.
A cute website with a buzzwords filled whitepaper (if you're lucky) without any coherent business model let alone a balance sheet? Tokens like Dentacoin and Primalbase would get laughed in their faces if they tried real investment firms at best and get jail time at worst.
They're relying on a lower point of access, less regulation and more internet fairy dust to lure in inexperienced people. It's just like Jordan Belmont starting to sell penny-stock to average people pretending they were highly rated companies.
Token regulation has to happen and it has to happen fast. These things should be classed as any other securities scheme before this charade ends up creating so much blowback that it hurts the rest of crypto.
Indeed and well said. I suspect the real reason for people throwing their BTC/ETH at these projects is simply because so many people have done well with their BTC/ETH in recent months/years and are looking to spread some of those profits into other ventures. The thing is that when they announce something new, it has not yet been half a day since they announced something else, the pace of growth is appalling. |
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Hello,
Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?
I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?
Without discussing technical differences the users base is much broader than any other including the one you mention, in that sense everyone can have his own argument and probably most of them will coincide on the same. Hence users base might be a good argument. |
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maybe this news will create a small impact on the bitcoin price .from 2600 down to 2500.  . 1000btc can't even make an impact on BTC price, Yeah a few thousand BTC will hardly make any difference to the price, as far as I know a lot of coins are just burned daily because of some reason or other. 1000 BTC will not do anything to the price, no will even care about it. Me too, I do not think that would have much negative impact on the price, that size of coins spoken could hardly provoke a downtime since that sale would likely be quickly absorbed by buyers. |
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Both are very promising to be used as an investment, but the price movement of gold is slower than bitcoin because the demand for bitcoin market prices often change compared to gold can even be calculated every minute while the price of the market is very slow as fast as bitcoin. But by holding gold and bitcoin for a long time it will become more precious that is most importantly patient until waiting for a high price increase.
Not only is the demand, but also the controlled supply in the case of gold for example, most of the production goes to be part of the treasure reserve of some countries, leaving few amounts to the current market coupled at where investors seek to resort to a value of refuge par excellence, creates a prolonged shortage that raises prices dramatically and continuously. |
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Well I think the subject say that because rising price, despite growth in 2013 was much greater if we consider that at one point it reached almost 10x the price fell again in the subsequent 3 years considerably, until reaching the maximum price again, the same reached in 2013, Now in this occasion ie 2017 or the first half of this year rather, having said that, The growth rate has not been so great yet, Thus without taking other factors and so far this year, 2017 is not the new 2013, 2013 was a thing totally different.
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Segwit pump could lead the price to $5000. The hype will be real within one month.
I hope so it'll be in one month but I'm still having doubts on that time frame. Seems like it could lead to the price of $5000 probably by end of this year, but we'll never know it could be after August 1 too. What would be the reason for that? even if the year ends in $3000 it would be remarkable, especially for the fact that the graphs show the sustained growth that lately had, there is still the possibility that the price falls until 2000 or 1500 maybe before it recovers at the end of the year. |
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