Looks like whoever is in control of MtGox's coins (is it still Karpeles? anyway) is selling, most likely creditors will get their money back finally and the MtGox saga will finally come to an end, which means all these coins will be in the hands of different people.

There is also the coincidence of the Binance hack which coupled with the Gox sale, has made a lot of noobs panic sell.

The sale has been happening since December and we still managed to go 20k, which means that after we get this weight out ouf shoulders we will be at 20k+ easily because the bull pressure is too big.

Hold and buy every dip as possible.

The price tag disagrees. Bitcoin is worth as much as the next buyer is willing to pay, specifically $10945 right now, or in any other equivalent, but we use USD because it's the most widespread currency.

These people are so full themselves. They could say "in my opinion, bitcoin is worthless" but they speak as if they have universal truth. Just ignore these scammers, they can't even form a valid argument for their claims.

I believe it was also mostly Coinbase cluttering the entire mempool with their garbage, which is worrying. If a single entity can fill the mempool due inconpetence, we may have a problem.

The people that bring Ver's spam antics also have a point, it was a mixture of various things but mostly the lack of transaction batching.

Im sure segwit is helping too, 30% is quite a lot, but if anything it proves that it was mostly exchanges and spam rather than massive demand for block space (which ruins BCash's selling pitch as they claimed how it was all due demand.. but we already knew that there is no demand for bigger blocks already since they can't even fill 1MB blocks).

The only, and only coin I would ever hold long term to play the "privacy crypto coin project" card which everyone seem to like to hold on their portfolios, is Monero. Every other anonymous coins has many flaws. I don't trust at all zero knowledge proof coins like ZCash project, what a disaster of a project. ZClassic could have been good I guess, but it still has the problem of the master keys having to be destroyed by the developers (and you assuming that they did).

Tor.. im not sure if you can trust the thing anymore.

What else is there? not much, so Monero seems like the coolest anonymous coin project so far.

According to my calculations based mostly on the halving model, we should reach $1 trillion marketcap by 2024, and by $1 trillion marketcap I mean Bitcoin alone, not counting any altcoins.

Now if you put altcoins into the equation.. I think we'll reach a trillion marketcap by 2020, in the next mega Bitcoin rally, and with the help of noobs buying Ethereum and other shitcois due "crypto hype" we will cross the trillion dollar marketcap of overall cryptos.

Most people here are (or should) be interested about performance against Bitcoin, since most people buy alts with their bitcoins, or at least I do, and I was pleased to see that Monero is performing very good against Bitcoin, unlike most alts, which have been going down against Bitcoin, even if they went up against the dollar.

I must confess that I fucked up real bad by selling all of my XMR, I think I sold them at a loss because I bought at all time highs back then...

Anyway, the problem of XMR is that I don't see how you could buy a house with XMR gains since the blockchain is obscured so you can't prove you obtained your coins legally or ilegally, and at least me personally im interested in buying a house eventually with my crypto gains.

More "blockchain without crypto" empty garbage. All these vapid news really are just nonsensical hype. "Hey guys, centralized excel spreadsheets will revolutionize X industry". Really, are we still talking about this bullshit in 2018?

Blockchain without Bitcoin is stupid and makes no sense. I wonder when all these scammers will learn this fact. I guess as long as the blockchain hype works they will keep pumping these kind of news. Just saw how Atari made a press release about something-blockchain-something and their stocks pumped. Ridiculous.

The people that are questioning OP's text as original or not... he may be beggin for easy merits but in any case, it is good to remember how people can lose their hard earned bitcoins very easily by investing on total shitcoins, or just in altcoins period.

The first thing I say to a noob is to buy bitcoin and hold it, and forget that altcoins even exists. To play the altcoin game you must:

1) Have 24 hours of free time
2) Be lucky

not a very realistic business model.

There's a lot of resources out there... I would recommend Jimmy Song's stuff:


Sounds pretty good.. but it's $4000 for the course. If you search the terms on that list im sure you can find tutorials on these things.

Here's how to build a blockchain from scratch in python which is a good language to learn as a newbie:

http://ecomunsing.com/build-your-own-blockchain

At this point I think Monero is the only legit "anonymous coin" project, everything else is doing pretty bad. Monero got the best technology, the best developer team, the best marketing team, the biggest community, the most market adoption... I can go on. Other anonymous coins really aren't competition.

I hope the situation in Spectrecoin is cleared. I think it's a better project than ZCash with their 20% developer subsidy, their technology which you can't trust and so on, yet it's way too high on the marketcap rankings. Other anon coins must take it's spot.

The longest term ceiling resistance since the $19,600 peak was broken on march 1 when it crossed the line and we were able to close the day at $11,500 which was what gave me confidence to call a long, and so far im doing great. Now we just need to get past $12,000 line and close above it and I would be ready to call $5,950 the bottom... many others agree with this view.


All the people that panic sold at the bottom will start getting back in and we will go barabolic again, probably $30,000 ish will be the next all time high if not higher.

Wozniak lost like 7 bitcoins... I saw it on the news. Guy has a network of probably hundreds of millions, he will be allright.

The irony is that the very rich who get into bitcoin usually don't put as much effort into securing their coins as any of us mortals would do if we had 7 bitcoins. We would treat 7 bitcoins as radioactive material, that is put into cold storage and properly secured. For them 7 bitcoins is a joke.

Anyway, he said that he is now more interested in "blockchain technology" than bitcoin. What a moron. No wonder he lost his coins.

Memorizing a 16 character password with special characters shouldn't be an impossible task, and it should be safe enough to be impossible to bruteforce without the need of a master key which you can always lose. Im not sure how key derivation would work if they find your master key and you are using it on all your passwords.

In my opinion just memorize a 16 character password with strong characters and forget about master key files. Of course practice it a million times... I didn't, and lost a couple of hard drives encrypted with Veracrypt, now I can't open them, and believe me, no one is going to ever enter again these disks, not even myself. I'll wipe them whenever I feel like it.

Any serious portfolio is 80% invested in Bitcoin and 20% invested in alts. I know most noobs don't like this because they dream with making it big by buying something that's really cheap, but that's the reality of things, most alt are scams.


If I wanted to be more risky, I would be at least 50% Bitcoin and 50% alts, 20% would consist on higher risk alts. Some projects I like are Poswallet (now known as Stakenet). I think it will go to all time highs this year.

Less risky alts could be Litecoin and Monero, and even Decred.

Im not sure about the rest of the projects, I don't have the time to research alts anymore. Just don't lose your BTC because long term BTC is going to outperform all alts.

You can check many threads like this on the Legal section of the forum, but my advice is that you expect the worst, in other words, expect that every transaction for other coin (yes, crypto to crypto exchanges) are taxable. Also all transactions must be declared.

It is indeed insane, for example I lost trading history on now dead exchanges, Mintpal and Cryptsy, and this is now a problem whenever I want to sell gains made on there to buy a house or something.

Try to keep records of all your trading on every exchange if you ever want to sell for fiat. Without these records you may into trouble. Also I don't see how you could ever declare gains in coins that are anonymous like Monero, since there are no records on the blockchain.

If you are from the US then that is the worst place to be as far as I know since the IRS will not leave you go to anywhere in the world, these bastards will go anywhere you go.

The problem is when one presents enough cryptographic signature evidence that you are the owner of a hacked/lost account but the admins in here wouldn't ever reply. There's an obvious problem in the way things are dealt with here with an endless queue of people that have given the needed evidence but never got a reply. This has been the case for ages now.

And I doubt OP's ETH address on your forum profile will be enough. A hacker could change that address. I think the best evidence is to find a quoted post or a locked thread.

Funny poll: How many forks of Bitcoin will exist by 2019, January 1st?

With the ever increasing amount of forks, it would be cool to make a guess for next year and see who got it the most accurately. Vote and post an specific amount in your post, and then next year we will revisit this thread and see who was closer to the amount of shitforks by then. The amount of scammers is always bigger than one can imagine so I added the fifth option for an amount of 10000+. There will be many not listed in Coinmarketcap I think. I will try to compile the ultimate Bitcoin forks list and will count them.

You need to prove ownership of a Bitcoin address that belongs into a post that was unedited or quoted by someone else. Altcoins I guess would also work but I assume Bitcoin addresses have priority.

There have been legit hacked members waiting for months of Hero+ status and good posting history without a reply from cyrus and theymos, the account recovery process is a mess, extremely slow.

Judging by your posting history which consists on some strange clusterfuck of facebook link spam I don't think you'll ever get your account back tbh.

Well, I only see 3 things you can do:

1) Promote the network: Create content about it. Tutorials in how to set a node, how it works, refuding bullshit from /r/btc...
2) Become a coder: Develop wallets for LN for easier user, create websites accepting payments... (see for example: https://starblocks.acinq.co/#/)
3) Run a node: simply learn how to run a node and maintain it.. the more nodes the better.

There are many articles on big media now talking about the lightning network, people will slowly catch up, but we are going to need years to get there. Peter Todd said it has many weaknesses that need to be addressed:

http://bitcoinist.com/peter-todd-warns-lightning-network/

But long term is looking good. Nick Szabo said a year ago good things about LN:

http://bitcoinist.com/nick-szabo-bitcoin-censorship-resistance/

And by the way since I create this thread we went up 9 nodes. At this rate in about 100 days we should hit the 1000 node milestone.