And there yo have it. Just like how everyone that was smart expected, China would come back with an unban on crypto which would be coupled with some sort of regulative aspect to it.

I can predict, easily, that we are going to be on the $5000 range pretty soon, probably as soon as next week, due the very bullish news of the comeback of China.

Now if we could only stop segwit2x from crashing the price in November, we could be aiming at $10000 per coin pretty comfortably. Let's hope for the best.

The price didn't even move this time. Looks like "ICO ban" news have lost its shock factor and nobody cares.

South Korea didn't even ban ICO's far as long as I know anyway. They only banned South Korean hosted ICOs, not all ICOs from all countries, but I expect more and more countries to ban ICOs. There will always be places to host ICOs anyway, it's not a problem, and the Bitcoin price doesn't care about any of this ICO drama anymore anyway.

People can freely fork Bitcoin at any given time if they have enough hashrate, let them fork. Even if ideally we should all stay together in a chain to have the highest hashrate possible, this is delusional, sometimes there are irreconcilable differences. The problem is when they try to pass it as "Bitcoin" like segwit2x is trying to do, by trying to kill the legacy chain. Then we are going to see some serious problems.

Im expecting more NYA singers to drop like flies in the coming weeks. It would be a failure for Bitcoin if the protocol can be changed by bribing miners with USD.

It should reach $5000 before the segwit 2x hardfork happens if that is the hardfork that you are referring to. In that case, we are looking at a price of $5000 before November as of too late. I would say given current technical analysis and by looking at the Bitstamp chart right now, we  re going to be testing $4700 around next week, with some sort of correction followed by another rise and a pop to $5000+. It should be fast, people also want to stack up on BTC in order to receive Bitcoin Gold with is happening about 1 month from now.

The POW change is a double edged sword. First, how do you calculate that you necessarily need to take this risk? How much % of hashrate is safe to not need to press the nuke button and how much isn't?

Once you change the POW, both miners and exchanges will need to have to deal with it, so you would suffer from both a crisis of hashrate and liquidity.

Honestly it's a big mess, but I would hate Core devs to give up on Bitcoin. Defeat is never an option, we must find a way to stop the segwit2x hardforkers.

In any case, randomized multi hash algorithm changes is a very interesting idea that must be explored in the future in order to stop corporations bribing miners to push their agendas.

I wouldn't trust Virtual Machines as enough prevention for potential hacks to be honest. If you really want to install risky wallets on the altcoin section, get an additional computer, such as a laptop that contains no confidential data, then install all the crap you want on there and stop worrying about if your main computer is safe against altcoin wallets potentially infected with malware. It's just too much stress to deal with VM, antiviruses, firewalls etc.. better get a secondary computer.

It's rather simple: People in the western world don't need an alternative to their fiat currencies in daily life. When would you need bitcoin as a member of a 1st world country in your daily endeavors? Pretty much never.

This is why BTC is being used as an alternative to gold, and most people aren't bright enough to see that empires come and go and most fiat currencies will fall.

In other words, we are early adopters, and 99% of people out there are ignorant about the economy, decentralized networks and so on.

Yeah, im sure Satoshi wanted to be the benevolent dictator of Bitcoin:

https://coinjournal.net/gavin-andresen-mike-hearn-will-be-the-benevolent-dictator-of-bitcoinxt/

Im sure Satoshi wanted to have anti-privacy features on Bitcoin:

https://cointelegraph.com/news/bitcoin-xt-fork-can-blacklist-tor-exits-may-reveal-users-ip-addresses

And im sure Satoshi wanted to hardfork Bitcoin when he said repeatedly and clearly how he didn't want his software forked:




Please stop pretending any of these people is Satoshi.

There is bast history of wallets being infected with malware. The altcoin section is a dangerous place to be when it comes to downloading clients. There is a ton of evidence of people trying to pass wallets as legit when they were infected with viruses, RATs, malwares, keyloggers.. you name it. There's also this trick of infecting the computer to paste addresses that belong to the hacker. So when you think you copied your address and paste it, you are pasting his address so you send him BTC.

In general, always be wary when you download anything that isn't signed by reputable people.

It's very noticeable when you run a node under Tor and try to sync the network, it becomes too slow to download sometimes, but it's not the end of world, it's still reasonable to download the entire chain with Tor.

But if it's really a problem, I guess a solution is to download the entire chain under your normal connection at high speeds. Once you have your node synced, close it, then open the Tor Browser, then open your node again and now you can do transactions under Tor. I think that would do.

As far as I know, your bitcoins must be held on the legacy format in order for you to receive coins in the case of a network split. This is yet another reason to oppose hardforks. It is insanely annoying that you must be moving your coins around from segwit format, to legacy format every time a hardfork happens, if you want to receive free coins (and who doesn't).

And not only that, but you should move your coins to a different wallet, then once the wallet is empty on the legacy chain, you can export these private keys (or ideally if you are running a full node, just copy-paste the wallet.dat file on the folder of the full node of the fork's client because you want to avoid exporting and import private keys as much as possible).

So yeah, it is an annoying process, and if you don't know what you are doing, you can screw up badly. Some people were confused enough to send BTC into BCash addresses and lost their money. It is a shame that so many innocent people get screwed because of this. Not everyone is bright, we have to be realistic, most people aren't technically literate enough to deal with these things.

The problem of why altcoins in general are an annoyance and why in the long term Bitcoin will keep getting bigger and bigger, is precisely because of the fact that it takes a lot of stress in order to keep local wallets for each single token. This added stress is nonsense once we have sidechains and you can hold different tokens by just holding BTC.

My advice is that if you want to keep an altcoin long term, get a local wallet, or at least an SPV wallet (so an equivalent of Electrum for your altcoin would do).


Keeping it at an exchange is always high risk, even if it's tempting if you are lazy (and I am), it's better to get the annoying things done before and then forget about it and be safe.

Wrong, China's ban is already price in. Why is it so hard to understand? Nothing is going to happen 2 days from now. Forget about 30th of september, it is a non issue anymore. Just like nothing happened in August 1st when so many idiots were scared, nothing will happen in 30th september. The only thing that can stop BTC from going to $5000 soon is some unexpected news like US banning BTC or something ridiculous along the lines. Otherwise not even big blockers can stop this rise for an ATH. Get ready and buy the dip or you'll be crying soon.

If the coin somehow gets on a big exchange like Poloniex, I can see it pumping. It looks like whales like to pump forks of the big coins to confuse the newbies, that's why you get all these "Bitcoin something" (Bitcoin Dark, Bitcoin Plus, Bitcoin Cash.. etc) pumping randomly. Same thing may happen with Ethereum forks if enough marketing is spent on it.

I will keep an eye, because speculation is speculation and as long as it neets me more BTC i will try to profit.

Just another senseless fork. It has no real long term value because it brings nothing new to the table. Equihash is not a bright enough idea to avoid centralization of hashrate. I believe Bitcoin will have a hardfork long term with multi randomized algo changes that will avoid miners from stacking ASIC machines.

Dump this fork when you get the coins.

Bittrex is too annoying. They ask you for your real name, real place of birth, phone number, real address... if anything is wrong, your account gets rejected (they check against public records) and they will ask for an SMS confirmation message.

I don't want to trade against fiat, only against other cryptos. Why do I need to risk giving personal information to some altcoin exchange when I don't want to interact with the banking system? I just want to trade between fiats.

So I stick to Poloniex because they don't ask you for all these details. I just don't trust exchanges enough to give them my real data, who knows where that would end.

PM sent.


I hope it keeps running, both because I just joined, and because some ICOs make the mistake of stopping marketing after the ICO. You still need to let people know your coin exists once it gets on exchanges. Now that we have more and more ICOs and new tokens, it is key to get your project out there, otherwise it may get buried on a sea of other projects that may not be as good but spent more promoting it.

Just letting you know again that im interested in taking the open Legendary spot. I would like to get in now that the new term starts. Please let me know.

According tot he google spreadsheet, there are 10 slots reserved for Legendary members and I only count 9 Legendary members on the list:


therefore, I would like to join:

Username: BillyBobZorton
Rank: Legendary
Starting post count: 2840
Profile link: https://bitcointalk.org/index.php?action=profile;u=381045
BTC address: 1AwPtkM4NEasyLnJnCSGfEJk34PNnjRcH7

If all it's correct, let me know and I will change avatar+signature.

Any reason why it is frozen until october? Also you should put these big red letters in the OP on page 1 otherwise a lot of people may not see it and demand payments for their posts.

I hope it comes soon in october and not late october since apparently december 1st is the last day.