Bitcoin Forum
May 25, 2024, 08:00:06 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 ... 141 »
61  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES. Ultimate crypto-tokens blockchain platform. on: May 29, 2017, 05:32:34 PM
I transferred some Waves to my Waves Chrome wallet. They appeared and then the whole transaction was gone. I'm not very worried, but is there a problem on the network? I notice I can't search for the tx or address on http://wavesexplorer.com/

Thx in advance

Its about sharing
62  Alternate cryptocurrencies / Altcoin Discussion / Re: Wallet for XRP on: May 07, 2017, 04:56:34 PM
I believe this is the only desktop wallet. I hear good things about it, but I don't believe it is still being worked on.
Hopefully Ledger comes out with something, or another HW wallet.
https://rippex.net/carteira-ripple.php#/
63  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: I created MyAltCoins to track all your cryptocurrency assets on: May 07, 2017, 04:51:37 PM
Shame the site is gone - it was a keeper and I sure could use it right now.

Not as nice, but simpler and quite helpful keeping track.
http://www.countmycrypto.com/
64  Alternate cryptocurrencies / Altcoin Discussion / Re: Any good coins I am missing out on: April 29, 2017, 09:00:10 PM
it looks good to me.
but you should keep one thing in mind, these days the altcoins are getting pumped. if you stick around for long enough you will see them get dumped too and that is the part which you should be looking out for. and then there will come a time when all these coins are just going down and stay there for a long time so make sure you are not bagholding anything more than you are willing to.

in your list for example I see XRP, and as you can see that coin is already declining coming down from the high price of 7075 satoshi down to 2500 and eventually back to 3 digits.

Most coins decline after shooting up like that. Bitcoin invented that move, lol. I wouldn't worry much about that. A nice video on XRP technicals and it's current move (done a week ago). https://www.youtube.com/watch?v=z-zf-Q2ujZM

Anyway, I was averse to XRP when it came out. A coin the banks use - I wanted no part of it. But it is going to serve a valuable function for the banks (barring across the board bank failures), and one can hope that some of crypto's potentially anti-corruptive properties go along with it.  Wink

Banks are getting behind it, it has A LOT of practical use for them. It is not a typical crypto and I wouldn't overlook it, in large part because of its practical use for banks which
really can use it to speed transfers up substantially. They are still using ancient tech and old methods, really, XRP (or something like it) is huge for them. (And eventually they move onto the real stuff, but this is there baby step  Wink.)

Bookmark this, XRP will be one of the alts to EXPLODE. (I wouldn't be shocked to see a buck some day, but a quarter or 50 cents in the next year or two is almost expected). The space is still such a baby, where it is going will boggle the mind. We are in a Black Swan moment.

Its about sharing
65  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: April 01, 2017, 08:55:16 PM
Litecoin will be getting segwit to be able to handle the lower value transfers to free up Bitcoin for the higher value ones, and perhaps as a test engine for if Bitcoin could ever utilize segwit. Irrespective of that, the long bear market in Litecoin just got turned upside down. This is what we might be starting to witness in the Litecoin ecosystem - https://www.tradingview.com/chart/LTCBTC/f54ZHTrX-Is-LTC-Really-About-to-Make-a-Huge-Run-on-BTC-EW-Analysis/
But there are other coins even more secure than litecoin that are segwit ready and active. To me it means its a sell on news.

What alt coins have a hashrate higher than Litecoin (That is a different hash type then BTC)?
Not sure where ETH is on this list, but due to it having such a huge emission rate and being more about what it can do and less about money, I can't imagine viewing it in the same vein as Bitcoin, LTC, XMR, etc.
66  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 25, 2017, 03:00:24 PM
Dumped some more coins...  Cool

Sorry.  

The price is now closer to the Moon than it was when I initially bought coins.
I am not saying it will not go to the moon but the coin represents 2 % of bitcoin right now which is quite good achievement. When you take into account how hard it is to develop and how slowly everything progresses.
The market situation has also changed dramatically recently when Dash passed XMR in market cap. I am having the opinion that only one anon coin can survive and now it looks like it is Dash.
They have far better marketing which generates more users and wider adoption.... But we will see - not bought any Dash though.



And those of you who bought my coins (not sold everything though) I hope you can resell them higher.

I hope I have the opportunity to sell even higher the rest of my coins.

There are things about DASH that they certainly got right. They are organized and well funded.
But, their tech is not as good as XMR's and to the average user, $100 is a lot more than $20.
The marketing aspect can't be overlooked, I agree with you there, in part. But are those looking to anonymous currencies the type who need marketing to attract them? Or do they want the best tech?
Having a lite client imo is important, and that is what I want XMR to have yesterday. (I'm talking for more personal transactions, for real anonymity, you need the full client.)
67  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 25, 2017, 02:21:54 PM
It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?
I'm very glad I diversified into alts in 2014, otherwise I'd be very uncomfortable right now.

BTC purists are slagging off the alts and spouting various implausible conspiracy theories, so there is real pain for them - it's not just discomfort...

However, it is just common sense to have a balanced portfolio in crypto. At times like this, it is quite obvious why.

That said, the rise of alts has been huge these past few months with BTC down to 66.3% of the overall crypto market.   Yep, down to under two thirds.  It is true that we are in an alt bubble, so if someone waves a magic wand and ends the civil war, I would expect a sea of red, but the crypto space does have serious contenders now and BTC is never going to be over 90% of the market again.

The only thing to watch out for is that a total collapse in the price of BTC to (say) under $500 will depress the entire market.  Some capital will leave and some exchanges and miners may even be in trouble.   If we are heading for 2014 all over again, it will not be easy no matter what you are holding.  



I have been of the opinion for many years that sooner or later some other crypto would replace BTC.  The reason is simple, there are literally hundreds of cryptocurrencies that are technically superior to BTC.  In the past when I pointed out that BTC block time is not realistic if the intent is to replace cash, I was told that BTC could just change the block time, so these upstart alts with shorter block times don't even matter.  But the truth is that BTC will never, and can never, change the block time; and the reason I feel confident in saying so is that it has now literally been years without a consensus on a scaling solution.  If they can't find consensus on a block size issue in years, they will never, ever, be able to agree on a block time change (although that too would help address the scaling issue).  No, the block time, and reward for BTC are set in stone and no consensus on change would ever arise, which means BTC will never be a viable replacement for cash.  Even if the block size dispute is settled such that I can get a small transaction in the very next block every single time with a tiny fee, waiting 10 minutes on average is too long for a substitute for cash.

BTC has been benefiting from the network effect of having been first.  I have always considered it a matter of time until some replacement asserts itself.  I will admit I did not even suspect monero though until the past 6 months or so.  I have been moving the majority of my BTC into a handful of promising alts for more than a year and this past six months or so (but especially the past two months) has been insanely profitable for me.  Of the top 5 cryptos by market cap I have been accumulating all of them except for ripple (because who needs a centralized cryptocurrency anyway?) so the transfer away from BTC to alts has been very welcome to me.  

But I agree, a full on floundering for BTC would be bad for everything.  I would rather see a slow and steady decline for BTC while it was replaced by alts.

Agreed, I have always thought ten minutes was ludicrous for BTC to expect to be used for a coffee purchase as it stands.  Maybe SW and LN would sort this, but BTCs lack of consensus is the thing that is losing it its unassailable status.

Other alts? Of course, eventually will make their mark and takeover, even - but BTC is still the backbone of the market for now.   If another alt surpasses it soon and becomes No. 1, it will have been BTC's fault.   My hunch is BTC will sort something out and we have a way to go yet (before this happens).  

Unless Bitcoin really shoots itself in the foot...

BTC is going through some growing pains right now and perhaps there is something a bit sinister afoot. Not sure what to think with BU.
Regarding XMR, the lack of JAXX support or a light wallet imo, really hurt. I think the price would be much higher right now. Maybe that is a good thing. I am a holder however.
And there are questions regarding the fee's for XMR as it relates our growing and quite large blockchain. Sorry, no expert and I just said that poorly, but maybe someone can jump in here.
Speaking of coffee, how does one buy it without a light wallet? Any word on Jaxx integration?

How to determinate fees will be revamped in a fork 3 weeks from now.   You will be able to use GUI on your phone. Work on that should start  when GUI beta2  start gets used.

Thanks for that! Great news. I was pretty disappointed with the Jaxx thing. And the other poster said it was abandoned. That is hard to imagine - 100% dropped?
68  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 25, 2017, 12:26:26 PM
It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?
I'm very glad I diversified into alts in 2014, otherwise I'd be very uncomfortable right now.

BTC purists are slagging off the alts and spouting various implausible conspiracy theories, so there is real pain for them - it's not just discomfort...

However, it is just common sense to have a balanced portfolio in crypto. At times like this, it is quite obvious why.

That said, the rise of alts has been huge these past few months with BTC down to 66.3% of the overall crypto market.   Yep, down to under two thirds.  It is true that we are in an alt bubble, so if someone waves a magic wand and ends the civil war, I would expect a sea of red, but the crypto space does have serious contenders now and BTC is never going to be over 90% of the market again.

The only thing to watch out for is that a total collapse in the price of BTC to (say) under $500 will depress the entire market.  Some capital will leave and some exchanges and miners may even be in trouble.   If we are heading for 2014 all over again, it will not be easy no matter what you are holding.  



I have been of the opinion for many years that sooner or later some other crypto would replace BTC.  The reason is simple, there are literally hundreds of cryptocurrencies that are technically superior to BTC.  In the past when I pointed out that BTC block time is not realistic if the intent is to replace cash, I was told that BTC could just change the block time, so these upstart alts with shorter block times don't even matter.  But the truth is that BTC will never, and can never, change the block time; and the reason I feel confident in saying so is that it has now literally been years without a consensus on a scaling solution.  If they can't find consensus on a block size issue in years, they will never, ever, be able to agree on a block time change (although that too would help address the scaling issue).  No, the block time, and reward for BTC are set in stone and no consensus on change would ever arise, which means BTC will never be a viable replacement for cash.  Even if the block size dispute is settled such that I can get a small transaction in the very next block every single time with a tiny fee, waiting 10 minutes on average is too long for a substitute for cash.

BTC has been benefiting from the network effect of having been first.  I have always considered it a matter of time until some replacement asserts itself.  I will admit I did not even suspect monero though until the past 6 months or so.  I have been moving the majority of my BTC into a handful of promising alts for more than a year and this past six months or so (but especially the past two months) has been insanely profitable for me.  Of the top 5 cryptos by market cap I have been accumulating all of them except for ripple (because who needs a centralized cryptocurrency anyway?) so the transfer away from BTC to alts has been very welcome to me.  

But I agree, a full on floundering for BTC would be bad for everything.  I would rather see a slow and steady decline for BTC while it was replaced by alts.

Agreed, I have always thought ten minutes was ludicrous for BTC to expect to be used for a coffee purchase as it stands.  Maybe SW and LN would sort this, but BTCs lack of consensus is the thing that is losing it its unassailable status.

Other alts? Of course, eventually will make their mark and takeover, even - but BTC is still the backbone of the market for now.   If another alt surpasses it soon and becomes No. 1, it will have been BTC's fault.   My hunch is BTC will sort something out and we have a way to go yet (before this happens).  

Unless Bitcoin really shoots itself in the foot...

BTC is going through some growing pains right now and perhaps there is something a bit sinister afoot. Not sure what to think with BU.
Regarding XMR, the lack of JAXX support or a light wallet imo, really hurt. I think the price would be much higher right now. Maybe that is a good thing. I am a holder however.
And there are questions regarding the fee's for XMR as it relates our growing and quite large blockchain. Sorry, no expert and I just said that poorly, but maybe someone can jump in here.
Speaking of coffee, how does one buy it without a light wallet? Any word on Jaxx integration?
69  Economy / Speculation / Re: Why the price of Bitcoin going down so fast? on: March 18, 2017, 04:22:56 PM
I don't think It has anything to do with Bitcoin Unlimited personally, Instead, I think people are investing on DASH and Ethereum as we have seen a really decent price increase in them. (huge for DASH!) People are probably trying to buy enough DASH and start their Masternodes.

But in a sense this should be mutually exclusive. When you buy Dash or Ethereum, most use BTC. So, you have to buy BTC, that would make BTC price move up.
Some exchanges do allow cash deposits for Dash and Ethereum I believe, so this wouldn't make BTC go down either.

This is BTC selling, so why? I think it is the Chinese BU stuff.
And what ever happened to the exchanges there coming back online? How late are they now? Are they insolvent?
70  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 23, 2017, 12:50:51 PM
https://tradeblock.com/bitcoin/

1.2 Million BTC in motion, $1.35 billion worth.
112k transactions
64.5MB, will take 10.75 hours to clear assuming now new transactions (good luck with that)

The market could easily overheat here if people can't move their coins to the exchanges to cool it off.

But transactions per second is at 4, which is within BTC's ability. I see the 60mb figure, but how are they conflicting? (Yeah, I don't get this)
Thanks in advance for an explanation.

BTW - Kind of funny that bitcoins limitations can slow a move down...

Its about sharing
71  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 11, 2017, 12:12:04 PM
Regarding the Jaxx discussion, would just like to add, from an ex-tech guys perspective - who no longer is a techie:

Jaxx is super important to folks like me who are no longer, or not, technical and who don't want to run a wallet with gigabytes of blockchain.
Jaxx is super important for the easy use of XMR for common folks. Yeah, that might be a ways off (regular folk use), but the sooner the better.
The question is about maintaining privacy with Jaxx I would imagine.

Eventually we are going to need something like Aeon (i.e. small blockchain) for our cell phones though.
72  Economy / Speculation / Re: HUGE Drop coming! on: January 08, 2017, 12:52:22 PM
Can we just sticky this? There is one every few days...


Nice Call and now we move on.  Grin

Except that the OP was being sarcastic, and actually denied the possibility of a large drop.
So far, Huobi and BTCChina are still MIA, while OKCoin dumped much harder than expected.
Is there some bearish news from China, like the two exchanges being in difficulty somehow?

Um, I was being sarcastic as well and the flash crash still happened. LOL
Welcome to Bitcoin.

The only bearish news, and quite bearish, was the statement from the Chinese government, but it seems like another "nothing" from them.
Regardless, BTC was getting ahead of itself, but I think a huge move is coming (up) in the next few months to sometime this year. (watching for a Cup and Handle, rather the handle to form on weekly.)
73  Economy / Speculation / Re: HUGE Drop coming! on: January 05, 2017, 10:25:13 AM
Can we just sticky this? There is one every few days...


Nice Call and now we move on.  Grin
74  Economy / Speculation / Re: HUGE Drop coming! on: January 04, 2017, 08:32:59 PM
Funny how they tried it in the last few days and burned their money Cheesy

There is a lot of support at the levels we just passed and it appears support is building. I think we might see a flash crash, but nothing prolonged.
I think we are just starting still. We have some volatility going up for a few months at least imo.
75  Economy / Speculation / Re: This pump is not sustainable. on: January 04, 2017, 08:14:56 PM
It cant continue like this, mostly because I need to buy back in lower then I sold $1000 and also because its charts is just going straight up. This is insane.


lol
You are limiting yourself with your language. There is merely an inflow of cash coming in, looking for protection.
I throw out the Technicals (in the end) when dealing with BTC.
76  Economy / Speculation / Re: HUGE Drop coming! on: January 04, 2017, 08:11:40 PM
Can we just sticky this? There is one every few days...
77  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 04, 2017, 08:07:41 PM
When we can expect some nice news and see 0.02?

As I alluded to in the post above, I think it isn't quite so cut and dry.

If BTC corrects hard down, I think then we might see .02 (as maybe XMR tries to support it's USD price).
I just think it is early days as far as USD vs BTC/XMR price goes - so expect volatility is my guess.

Expect... The Unexpected!

And that, lol!
(Of course)
78  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 04, 2017, 07:24:25 PM
When we can expect some nice news and see 0.02?

As I alluded to in the post above, I think it isn't quite so cut and dry.

If BTC corrects hard down, I think then we might see .02 (as maybe XMR tries to support it's USD price).
I just think it is early days as far as USD vs BTC/XMR price goes - so expect volatility is my guess.
79  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2017, 06:55:22 PM
SEC Delays COIN ETF Rule Change Approval from Jan 10 to Mar 11 2017  Cry

I know, again a delay...but i'm fully confident it will get passed one day.

https://www.sec.gov/rules/sro/batsbzx/2017/34-79725.pdf

Last thing they want is to help this rally!
80  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 04, 2017, 06:47:04 PM
BTC goes up, XMR goes up.
Lovely isn't it.

Certainly a nice change! Reminds me of some alts in 2013...
Which brings up a question:

I've been using both XMR's USD price and it's "BTC price" when following XMR (rather recently doing both). I had just been doing the latter, but since you can buy XMR on Bittfinex (is it?) for FIAT, I might as well consider that but how much? How do you all view this? Is 80% of XMR bought with BTC or ? Any stats available?

I wonder as BTC continues this rise, at some point people are going to start evaluating XMR more in dollars (as that is "stable" and perhaps more familiar to the masses), it will be available at more places for cash purchases, and so we are going to want to separate, as the initial determiner the BTC/XMR ratio, but that is just my thoughts right now. I'm open here, just wondering...

IAS



https://coinmarketcap.com/currencies/monero/#markets

Here you see all Monero Markets. You can buy Monero with fiat right now on Kraken , Bitfinex, BTER and Livecoin. For USD, EUR and CNY. As it looks Kraken might be most popular altho just started. I guess people are still careful because Bitfinex indecent few months ago. BTER is Chinese exchange where Monero is not so popular and Livecoin small exchange.

Thanks for the link. I didn't realize it would list it like that. Very nice. So, I think I was close. If 80% of volume is on Polo and you can't buy using cash there, I'd bet that 90% of all XMR bought right now are bought with Bitcoin first. So there is that intrinsic tie. And that does probably remain for years. (My guess)

BTC goes up, XMR goes up.
Lovely isn't it.

Certainly a nice change! Reminds me of some alts in 2013...
Which brings up a question:

I've been using both XMR's USD price and it's "BTC price" when following XMR (rather recently doing both). I had just been doing the latter, but since you can buy XMR on Bittfinex (is it?) for FIAT, I might as well consider that but how much? How do you all view this? Is 80% of XMR bought with BTC or ? Any stats available?

I wonder as BTC continues this rise, at some point people are going to start evaluating XMR more in dollars (as that is "stable" and perhaps more familiar to the masses), it will be available at more places for cash purchases, and so we are going to want to separate, as the initial determiner the BTC/XMR ratio, but that is just my thoughts right now. I'm open here, just wondering...

IAS


The BTC price is something of touchstone in the cryptosphere. But as more new money comes in I imagine the 'fiat' price will become more prevalent.

Another factor that is often ignored with regard to 'fiat' prices is the relative strength of those currencies - so the BTC price moves and people look for a reason but rarely look at what the USD or the EUR (etc, etc) is up to.

So, against the GBP or EUR you may say BTC's surge is helped by the relative wekness of the other pairs.
And while it may be heresy around here the USD is 'doing well' in forex at present, which makes BTC's current valuation even more impressive.  

Of course, the real goal is not to value XMR against any other currency but against what it can be used for.


Thanks - good perspective. (Like I said I will watch both "prices".)

Something tells me this year is going to be real real interesting for Cryptos as there appears to be serious banking problems coming (again) as well as more global turmoil.
Protect what Fiat you have and make it portable...
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 ... 141 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!