Yet because the 11th falls on a Saturday, that decision will come before that date – potentially before Friday, the source said."
I just hope that this news is not out already (available only for some inner circle traders) and it wasn't main reason behind latest price drop. Because if that was a cause bitcoin dropped more than 5% during last 24 hours, then I don't want to see how big will it drop when everyone will know about ETF fail.
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Maybe someone already analyzed all 700 altcoins and can write quick overview?
Why all 700? All altcoins are out of top 100 are worthless to analyze because most of them are abandoned projects, or scam project, or projects developed by incompetent devs. Top 40 may need some analysis for investment, top 40-100 still some scam coin, or bad projects. You can even find some borderline scam projects/coins with very questionable past in the top 10 altcoins with highest marketcap Unfortunately sometimes altcoin supporters choose to fuel money into bad/scam projects and recover some of their loses than abandon it and lost everything as a result.
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I appreciate that Medvedev is educated (or he has good technical advisers) to the point of actually talking about blockchain tech But again, a blockchain tech is not bitcoin. They will use core of the bitcoin to create and power hyperledger - a private blockchain. I would like to see how they manage security features of this project so it won't become only a glorified database.
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There is no need to 'analyze' every shitcoin out there. Most of them are copy paste 'inventions' with minor twist. Tracking every altcoin and trying to research and catalogue all of them would be a huge waste of time. If you are trying to do some research then do it yourself, you can use coinmaketcap as a source.
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Nija pump like 2x-5x can happen IMO
1 Doge is currently worth $0.000209 - what 2x or even 10x do? Increase price to $0.0209? I found an article on dogecoin that cost could reach $ 1 is that correct?
I found this article, but you forgot to mention the year where it should have to happened, If I read the article correctly , they say that it must be in year 2446 or 2956, I do not remember well. So there is easy solution for Doge's problem, we just need to wait 400 years for that. I get that there might be some Doge supporters fanatics and fans. But Doge was build from the very 1st day on a concept of joke. Cosnidering infinite supply of this coin it is still amazing that 1 Doge is actually worth something at all!
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IMO the dip could possibly go down to $700 or $800, but probably not any lower than that. If anything, it'll probably go to $900 at least.
Why do you even think it will be that much? It is not like we are expecting ETF to be accepted. We generally know it will be almost miracle if SEC will say 'yes'. There is less than 25% chance, according to trading analysts, that COIN ETF will be accepted. So we shouldn't be disappointed at all = negative effect on the price should be minimal.
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I sent 0.25 BTC yesterday, the money I collected from participating in signature campaign before. My wallet automatically chose the best fee. Can you guess how high it was? Freaking 0.001692 BTC fee! More than 2 dollars. So no, Bitcoin is unfitted to help Africa or the poorest, unbanked population, it is becoming a rich people's playground instead.
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I learned today that Edgeless.io will launch its ICO and become the first fully transparent casino. So in some way it will be a competitor of vDice. They won't offer a dice (at least for now) only Poker and Black Jack but their games will have 0% house edge (compared to 1.9% of vDice). Are vDice developers worried about this competition, they plan on battle it somehow? Lower the House Edge maybe? Source: https://coinidol.com/edgeless-ico-the-first-fully-transparent-casino/
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I have enough of this bullshit DASH propaganda. I get that DASH might be technologically superior coin than Bitcoin is. But that doesn't matter when its developers are lying bastards. How we can trust coin which was instamined in the first place? DASH was re-branded 2 or 3 times to delude people even further and had 'difficulty re-targeting' bug which allowed near instantaneous mining.
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$1300 is gonna test all the BTCBTCBTC market's fundamentals. At this point, I'm not pretty sure of what's driving the rise, surging demand? I think not.
I was wondering about motor behind this rise myself. But it has been almost a month without any major news. The only thing I can think of is ETF case. Traders are sitting tight and waiting whether COIN ETF will be accepted. So if I am right and ETF is the only reason, then imagine, how huge dump will be, when we will see negative SEC response.
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I admire your foresight. I started to get it when it was $ 450. I sold it when the price was $ 900. I'm very regretful.
I realized that there is not correct way of selling bitcoins, there will always be better opportunity as time pass. Bitcoin is a system where only holder win. But what good are money for when you are no using it? You grabbed you profit, earned your buck and you should be glad - and you can repeat this process, there is no better investing option for our generation.
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It's a strange mix.
Satoshi has a million coins locked away but wants to get into online gaming & patent capture.
When were the Satoshi coins supposed to be under escrow until? 2020? Was that the story from CW - Wright, the asian girl, and the wheelchair bound guy who died had them locked in a trust or something?
What a weird and wonderful saga. Like Taleb said, as long as bitcoin remains in the headlines, it''s good.
My thought exactly, why someone with enormous fortune (Satoshi is believed to be the owner of ~1,5% of total bitcoin supply) is working to gain pocket money? Craig, until proven otherwise, is a crook and shouln't be even allowed to patent anything bitcoin related. IMO he is more a 'patent terrorist' than real inventor. But well, I can't say no to any form of free advertisement.
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One Bitcoin is now more expensive than a ounce of Gold! History people! Welcome to the future! Milestones in the making, We all have a part in shaping the future.
Ok step one is achieved! Bitcoin is now more expensive than one ounce of gold, but that is only one standard of gold. Now we can wait until one bitcoin will worth more than one kilogram of gold, which is currently $39,770
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At this point I am rather sure that bitcoin will never be a good currency for daily use. That is, unless something will drastically change, i.e conflict between miners and Bitcoin Core-Blockstream developers will be resolved somehow, we will see some kind of consensus, protocol will be updated etc. Bitcoin enthusiasts are hyping bitcoin and expect main adoption and acceptance as payment method. How Bitcoin can be used as global payment method when 1 MB block size limits BTC capacity to 7 transaction per second?
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Dash is great and better than BTC... except for its initial distribution, how do you guys address 'instamine' issue (and how it is different that premine)? During the first 24 hours there was about 1.99 Million coins issued (current DASH coin supply 7,134,095). Also I heard that DASH had something called "difficulty retargeting bug" when coins were mined extremely fast.
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Without specific data: transaction ID where we can see how many bytes you sent, this revelation is questionable. 0.0001 fee is unfortunately no longer good enough is most cases, it's sad truth, but we are currently having a war fee. There is a service which can accelerate your confirmation time: https://www.viabtc.com/tools/txaccelerator/I know it is workaround and not standard solution, but it gets the job done.
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AFAIK you can have multiple bitcoin wallets installed on the same machine, they will act independently. From now you can use every feature of wallet you installed, standard sending (via copying btc address) or QR sending (if available). Remember to include hefty fee for that transaction you will be sending, or your boss might complain about long "sending time".
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The last time i checked there were around 200 exchanges, and well just few of them has some good volume, but they made their reputation with time, soo besides huge competition you will find you need to have a good staff team to update or add new coins, delays are a problem at some exchanges, as well their poor support system. If you able to reply almost all issues that may have daily and add almost all coins you will be fine.
You don't necessarily want to create no. 1 top exchange with the highest possible volume. Aim rather at niche market of local currencies. Asia (beside China and Japan), Africa or South America is still unsaturated market exchange-wise. If you are located there and has time and resources to build and maintain an exchange your business can be huge in the future.
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I don't see a point here, 1000 transaction per second is not world record or anything. Bitcoin is much slower, true, but bitcoin has store value potential Ripple hasn't.
Centralized online money payment processors have much more capabilities than mere 1000 tx/s. VISA has a peak capacity of around 56,000 transactions per second, beat that first.
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None of the above, as ETF most likely won't be accepted this time. Instead we will probably see:
a) huge dump and panic caused by traders and community, because despite warnings from analysts BTC crowd is expecting different outcome
b) more balanced reaction, but nonetheless price will decline slightly, I hope for max 15% price drop
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