|
As of today Bittrex still doesn't user to put USD into their accounts.
|
|
|
|
I have some coins in Bitpay's cold wallet.
However there isn't any official statement from Bitpay regarding the impending fork. I want to make sure that if it happens I'll be safe with both the new coins and the legacy coins.
IIRC Bitpay was part of the companies that were all going to be tooling around with Segwit and testing some of the technologies that they wanted to be implementing when they get around to the fork, so I do believe all of your Bitcoin would be safe and they would be transferred to the "new" blokchain as the fork gets officially rolled out and used by the community. I believe that Blockchain is numbered among the companies in that one agreement, however Coinbase is not from what I remember reading. Yes, IIRC BIP148 is an attempt to hard fork it if the SegWit concensus is not met (not sure if it's only SegWit or both SegWit and 2mb block). If that happens some says exchanges might choose one or another if not both. Realisitically we want to keep both the BIP148 coins and the legacy-main-fork coins. |
|
|
|
Even if the wallet is considered 'ready' and 'safe', you should still store it in a local wallet to ensure 100% safety, and I recommend you to do it before it comes. I've also made the switch from an online exchange wallet to a desktop wallet (Electrum), and I suggest you do the same.  No matter who you support (BTC or BTU) you should make sure your coins are on a self hosted wallet (one that you control the private keys to). Examples of such wallets are Electrum and Exodus.
If you have a substantial amount of Bitcoins use TREZOR or Ledger for maximum security. This way if a fork does happen you will own both currencies and won’t need to succumb to any exchange or wallet desires. -99Bitcoins Good read, I support off chain transactions too, especially for micro-transactions, which a lower fee would be better. CoinBase also supports off chain transactions and there are no fees if transferred in internal accounts, and I hope Bitcoin will move towards this direction too. Scaling of transactions is really going to be an issue, honestly. Yeaps, it is their offline bitpay wallet I am talking about |
|
|
|
|
I have some coins in Bitpay's cold wallet.
However there isn't any official statement from Bitpay regarding the impending fork. I want to make sure that if it happens I'll be safe with both the new coins and the legacy coins.
|
|
|
|
It's only about if the pools' owners were public figures and there could be control and/or regulation from governments.
If all of the pools were based in China but it was hard to figure out where they were, and there were many of them with 1% hashrate or so, I wouldn't see it as a problem, but if all the pools were based in China but there were only four of them and everyone knew about the owners, it would be a problem.
That said, the hash rate in those pools is still somewhat decentralised from a lot of different people, so if those people saw the regulations as a threat to Bitcoin, they could just create a few pools which don't have that problem.
Wouldn't the pools more or less decides, say, when it comes to SegWit. The pool just switch it on (or off) and the miners continue to mine. OR how dow it work? (I don't mine) |
|
|
|
Why did litecoin manage to get SegWit so fast while bitcoin is still slow and painful.
Activation of Segwit depends upon consensus of miners. In case of LTC, all the number of miners were low and all of them were in favour of change (including founder) so it was pretty easy to apply. But in case of BTC, number of miners are too high and everyone have different opinions. So if Segwit applied half heartly at 50-60% consensus, it may leads to opposite circumstances in BTC ecosystem like we see in "Democratic Countries regarding Government ". "Democratic Countries regarding Government " nicely said, explains why sometimes things move faster at not so democratic countries *cough* |
|
|
|
Why did litecoin manage to get SegWit so fast while bitcoin is still slow and painful.
The creator of litecoin Charlie Lee supported it, talked with the necessary people and implemented a plan that no one had any real issues with hence it was approved sealed and a done deal. https://www.cryptocoinsnews.com/litecoin-creator-charlie-lee-urges-jihan-wu-to-signal-for-segwit-antpool-obliges/(Also the transaction capacity was not near the 1MB limit yet so a lot less impact they have more time to study things later) Bitcoin the foundation and other groups suggested it met pushback and hence we had a blockscale debate on the best implementation due to a variety of political monetary and strategic issues that scaling presented and the transaction limit was approaching so issues and debate hence drama. Why did litecoin decided on a 50% vote while bitcoin had to go for a 95% vote? |
|
|
|
What are the possible consequences when mining pools are controlled by a single country? I wonder how can they affect the future of bitcoin. Say for example can they become a veto or block to future actions (and inactions). Let's start a fact based discussion guys |
|
|
|
|
Why did litecoin manage to get SegWit so fast while bitcoin is still slow and painful.
|
|
|
|
Why anyone would compare bitcoins with gold...
bitcoins is a digital currency
gold is an asset
They are all considered "assets" from investment standpoint. Some assets have better liquidity while others better stability etc. That's why we have different assets class: gold(silver etc), property(houses etc), stocks(fund etc) and now crypto |
|
|
|
Just checked gold prices return for 3 year and 5 year period. Seems like investors who put money in 3 or 5 years ago all lost money.  5 years  3 years Now it's about 40k USD per KG but was worth more 3 and 5 years ago. |
|
|
|
Lets say there are million of users of bitcoin i think there are still alot of people who holds gold instead,all people who have banks owns gold from the government and all rich people holds it,so i think bitcoins users is still less compared to gold users
Obviously gold is a good hedge for historical reasons, but most people who own gold own it in an exchange-traded fund, which frankly isn't any better than bitcoin. Yes, unless you are a big player with a vault at home or has a personal vault caretaker in Switzerland, there's no difference. Some people opt to rent a vault from many of the service providers but it seems that it's easy-in-hard-out whereby if you want to ship your gold out the procedure is troublesome and fees hefty. |
|
|
|
 If >80% mining pool has signaled support, why don't they switch/signal to SegWit soon? Looking at the chart the current block that have signaled is about half of promised. |
|
|
|
|
Why are we recommended to have coins stored offline come a possible fork?
Note: Not here to discuss other benefits of offline wallet
|
|
|
|
|
There are two things to Ripple. Ripple the blockchain and Ripple the coin.
Ripple the blockchain might be used by banks as a way of "fork" or to use the blockchain verbatim. The transferred token can be Ripple the coin or others. So when talking about Ripple advancement we need to distinguish between the two. When not mentioned, we might want to assume it's the Ripple blockchain technology they are using but not the Ripple coin. It's like hey everyone is using blockchain != bitcoin rise (though it's related)
|
|
|
|
Nope it's really going to be hard for bitcoin to reach 3500$ in the next 60 days because there is extensive trading going on which isn't allowing the price to reach 3000$. People are just selling at 2900$ which leads it to fall to 2700$ and this has already happened twice. If people stop selling at 2900$ then only we can expect a increase otherwise it will be hard
Good observation. On this point, do you think we can predict downward/upward trend from the selling/buying needs from major exchanges? |
|
|
|
I want to know this too.
If i created a token how to i pay dividends?
What iCOs have you participated? |
|
|
|
|
What is the best way to reward ICO contributors.
Some of the recent successful ICO promised to return revenues to contributors:
What do u guys think it's the best way? For example Monaco pledged 1% transaction value into the token, while Polybius pledged 20% annual revenue.
|
|
|
|
|
There's a startup called Colu that is trying to do just that.
I think the act about a team issuing digital Barbadian dollar is a partnership between Colu and another team.
|
|
|
|
Ok the crash is gone it felt from 2,700 USD down to almost 2,000 and recover, the worst is gone, and I am predicting that the BTC will be at 3,500 USD within 60 days from today.
Why:
1.- More people interested
2.- More news and possible segwit
3.- On July 1st Australia will accept BTC as a currency.
So my advice is that if you can get as more BTC as you can, do it because this is just getting started.
Still depends on the demand , if the demand is high expect the price to boom in an instant. And these past days bitcoin has been struggling and go down because theres a little dump that created panic selling. Small dump is sometimes good for the market  |
|
|
|
|
Show Posts
