ts mainly due to the lack of base block larger than 1 MB size.
there is no lack of transactions for sure this time But due to so called off by error,segwit2x blocks started rejecting smaller blocks at block 494,783 instead of 494,784 where hard fork was expected to occur.Even another btc bug1 also prevented miners from mining bigger block.That's the reason for falure of another attempt.
what is this error you are talking about? there is no hashrate to mine a block! or in other words none of the miners are mining bigger blocks on SegWit2x so far that is why there has not been any new blocks there, i am not aware of any bugs. please explain if i am missing something.
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it depends on you! some people don't know how to trade and don't have the talent for it either. if they start buying low and selling high strategy (aka trading) there is pretty good change that they will be losing money instead. so the obvious choice here is holding or long term investment.
but if you have the experience and time for trading then of course buying low and selling high or the more preferable strategy to sell high and buy back more at the bottom to keep your profit in bitcoin not in fiat, is the strategy to use since it is more profitable for you in that case.
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this proves the importance of hashrate or lack thereof! until they mine an actual block with bigger size on top of 494782 which was mined ~4 hours ago, i say no fork has happened. so far the btc1 nodes which are running the SegWit2x compatible client are all stuck on 494782 block height. right now some clients (152 nodes) are rejecting blocks, and isolating themselves from the rest of the network and not doing anything more than that!
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not going to lie to you, these days centralized exchanges are not having the best time. none of them are trusted and people stick to the old ones they have been using so far with lots of issues and lack of satisfaction. a new centralized exchange is not going to be successful at all among these.
and the picture you shared is not showing anything! it is the most common website template out there which you just filled in some text in it. where is the trading area? where is the chart? the order book? wallets? how is your API?
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maybe it is just me but i wouldn't say the rise happened from $5600! that was not a real price, that was a temporary manipulated price (it is more like a bug price than a real one). if you want to take the bottom you should take something around $6900. besides the latest ATH was around $7800 and $8040 is a 3% rise from the ATH which is stupidly small.
the CME news needs at least a 30% rise because it is a HUGE news.
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this is pretty weird actually! checking the reality and the hashrate,... everything points to the fact that SegWit2x fork is officially a no go. everyone accepted this and all the miners stopped signalling it too. but checking this website: https://www.btcforkmonitor.info/ it seems like the btc1 (segwit2x) nodes are currently on a different chain which indicates a fork has happened! although the height of that chain shows 494782 which is the same as fork height, in other words no additional block has been found on that chain. or in other other words there is no hashrate supporting that chain and it is only the node of said above which is rejecting bitcoin blocks (to my understanding).
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the previous record was $7888 @bitstamp, $7899 @bitfinex and $7897 @Coinbase. and yeah it will be reached pretty soon, my guess is this week at least it will be tested even if new ATH is not set.
with all the free money that is in the hands of investors in the past couple of days due to the recent pumps of multiple altcoins including bitcoin cash, we are in it for a nice end of the year rally.
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the thing about bitcoin and its price rise is that it always has these types of bumps on the road which not only slow it down but also break all the speculations and equations that we come up with.
the adoption is there and it is growing as we can all see. so the $9000 speculation by the end of this year is not unheard of, specially now that CME confirmed that bitcoin futures will be active in second week of December.
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instead of making a random topic you better check the price first! it is already back up and on the rise once again. this "fall" you are talking about has been over for over 30 hours now!
and it is no longer big. the FUD stopped and is fading away, now only the bag holders and those who sold at the bottom and did not buy back are repeating the FUD and getting desperate. the charts are clear as day about this though, nobody can fool anyone now.
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you can't spam bitcoin cash. not now anyways because the blocks are over 90% empty and that means you have to fill 90% of the empty blocks or in other words you have to spam 7 MB and 800-900 kB to fill each block and that is an impossible thing to do and keep up.
if some day bitcoin cash reaches a fuller block size, it will be spammed for sure. and easily by then. and that is when everything will shatter and fail with BCH since all their promises of low fees will go down the tube when the BCH mempool is filled with 100,000 transactions.
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i think this so called survey was done a while ago, it is not new. and by that time bitcoin price was way lower than this. it is possible that was another survey but the point stands. these are not reliable sources. that survey i remember also claimed people were saying bitcoin will "collapse" in the next 6 months and now over 6 months has passed and nothing has happened except lots of rises.
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On behalf of the entire cryptoverse, I cringed when my wife's little sister asked why there are 5 bitcoins.
your wife's little sister has probably bought the thing below and thinks she has bought the real Adidas also the thing i find funny about what you are saying here and what makes me think you are just making things up to advertise eBTC is that i have never even heard about it and still you are bringing it here and comparing it with real currencies! a useless token that is! a useless premmined token that is!! and meanwhile you are ignoring all the other "bitcoin"s! for example the bitcoin core or bitcore or BTX which has SegWit + 20 MB blocks + 2 minutes blocks. a shitcoin like others but still it is much more interesting that eBTC. and there are more "bitcoin"s too. you can find them if you search
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if i am not mistaken pornCoin or something like that already exists. and there are a couple of them. they are forked from somewhere, most probably even bitcoin itself! and nobody even cares about them. that is what happens to shitty altcoins with no innovation and nothing to offer to the real world. and when you limit a currency to one place only you are dooming yourself. that is like making amusement park dollar!
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Attack? Really ? In a free market, free result,... Bitcoin has a big problem with transaction fees now, the future is now. If another coin, BCH, NTRN (20 Mb block size, and 79 seconds block), BTG, AMC, ELC, BET, OTHERALTCOIN,..., solves this problem that "Core" refuses to solve, BTC will return to his value, 0. Most of Altcoins value is near to 0, this altcoins have no use, have no liquidity = no value. you are only half correct. i agree with the second part i didn't quote, the value of bitcoin is coming from being a "medium of exchange" and i hate it when people say bitcoin is just store of value. but none of it change the fact that bitcoin cash is an attack on bitcoin. all those other altcoins you named and all the rest you didn't don't do anything to bitcoin and how it works. if some arbitrary coin goes to $1 trillion dollar per coin or drops to 1 cent per coin nothing about bitcoin will change. but when bitcoin cash goes from (pumped) $600 to $1800 and has a low difficulty (aka easy mining) that takes bitcoin's hashrate and causes the rise of fees. everything were perfectly fine with bitcoin and i was paying 1 satoshi for fee before they pumped bitcoin cash. and that is an attack. it is a free market, yeah. it is also a free world but is it ok if i buy a house next to you and start burning tires in my backyard next to your window all day long?
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I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
there is not really much of a minimum amount really. and people usually stick to bitcoin only since the long term bitcoin is the only one that remains and ethereum is much harder to hold in a proper wallet such as cold storage safely and also its price is to dumpy. i have started with about $100 worth of bitcoin, maybe a little less. and then worked my way up. it is important not to go big in and stick to a small amount which you can afford to lose. and also remember to keep your coins out of exchanges and in cold storage if you don't want it all to go up in smokes over night.
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i would stay away from bitcoin gold for the time being because they are releasing their client and with the mining starting and people getting their hands on their free BTG coins they will be starting to dump them too. and that will cause some down trend in bitcoin gold which you may lose money if you invest in it now.
bitcoin cash is however getting pumped which makes it profitable. it may not end this soon but it is already in a bubble.
the only good option is bitcoin which is now officially in a big dip and a good time to start your investment in bitcoin before the correction upwards starts.
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in order to invest in an altcoin which has a pump you have to invest in it when it is not yet pumped not after everyone else bought and whales were beginning to dump their stash on the newbies.
there may be a little more pump left in bitcoin cash but it is certainly already late for a proper profit out of this altcoin. you will be taking a big rise if you buy now.
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BCH difficulty will increase 400% in less than 20 hours according to https://fork.lol/pow/retarget so miners will switch back to mining bitcoin and the memory pool will clear. If you have a stuck transaction and paid an adequate fee it should confirm soon after that. Well, if that's obvious, it's good, atleast some of miners will come back to bitcoin, even though I'm not sure that the difficulties adjustment in the bitcoin blockchain will come soon even before the diffuclty of BCH adjusted and increase 400%, it's just matter of time then. additionally it will come down to the price of bitcoin cash. they can not keep miners over there with a dropping price, they will leave and the chain will be fucked for a while before it adjusts the difficulty again. and don't forget that since there are lots of blocks being mined there are that much new BCH coins being released to miners who will dump them and that causes a big sell pressure and can crash the price pretty nice.
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i prefer ignoring all this crap and attacks and just make more profit while i can. the market is currently very nice, bitcoin price is pretty lower than the bitcoin's real value and at the same times lots of altcoins including bitcoin cash are getting pumped hard. that is a lot of profit that i am earning on my precious bitcoins now.
in a couple of weeks to 2 months tops everyone will look back at this time and wish they would have done something about it.
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