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If you are going to hold your coins for the medium to long term
just look at what i call "the old reliables" Ethereum, Litecoin, Dash,
Monero and Zcash. These are priced high so a lot of newbies are
Reluctant to buy them instead opting for low priced options and
hoping they rise.
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its a good idea for sure, i wonder if the legal fees can be avoided
by selling and buying property in Bitcoin?
it wouldnt suit everyone though, if I sell my property i would need
to buy another and after finding a nice home what are the chances
someone will want Bitcoin for it?
anyway its a good idea and will become more popular as time goes on.
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Im thinking of a 50/50 split for my bitcoin.
Im looking at cashing out half to tether and
holding the other half in case something really
weird happens like both forks showing healthy
values and get some free coins.
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I have some Augur but i havent been watching it
for a while now and there seems to be no chat
about it here on BCT at all ?
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Anyone know where to get the wallet? I have exported my keys now what?
Has anyone received Bitcoin Gold already? Where did you store your BTC?
Coinomi wallet for android supports BTG and I have received my BTG tokens although the wallet is in BETA testing so we cannot really do anything with them. |
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I used to solely use poloniex but i witnessed 1 very dubious
event relating to Ripple a number of months ago which left me
wondering what happened.
I have read here on BCT of other smelly things happening there
and of a lot of people migrating from poloniex and Kraken to
BITTREX, why?
Because its straight up, no messing, everything happens as its
supposed to!
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My strategy for the next fork, that is supposed to take place around 20th nov.
If there are exchanges that support it and credit B2X for BTC in 1:1 ratio, then i will sell all my alts to buy just and only BItcoin. (nowdays i dont have a cent in BTC). This B2X seems by far very more worth than the BTG shit.. JUst right after the fork, dumping of BTC to buy the bleeding alts that will be around cryptomarket. I will keep the B2X at least for some days (as there is no replay protection, so better safe than sorry) and then decide if keep or dump also.
NOw the question is.. it is smart to sell my damaged altcoins still with lost (since i bought during the summer ATH) and start accumulating BTC? when should i do it? will the altcoins have another rise like yesterday? will BTC still drop more ?
take in mind that last time, people began accumulating BTC as long as 3 weeks before the hardfork... so no much time left for a decision.
what do you think?
I think its a good plan, although as mentioned its all about timing, and that also depends on the alts you are selling. The potential to earn free bitcoin to be traded back to alts and gain all the while is good. What is the likelihood of the coins still being relatively the same price after the fork? Sowe are looking at coin analysis and timing! |
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Hello
I decided to invest around 2400$ for a long term investment in BTC but the price is currently high. Should I buy now or I wait for the fork when price probably go down ? (I will invest in etoro so no exta coins will be obtained after the fork)
Why should you be confused, I think you can invest half your money before hardfork and again after hardfork, just to anticipate if after hardfork the btc price goes down and you can buy far in price before hardfork I was wonderi g about the op's question and about what i would do Because this is tricky so close to this new fork on the 16th, will the price drop? Will it rise? The strategy above i think is a good plan, its no harm to get into the game anytime. |
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Where and when is this all going to stop?
Bitcoin silver to make bitcoin decentralised again, is that not what gold is about?
I agree that all this forking is ruining the name of bitcoin but yea that is unregulation,
decentralisation and open source! Nothing anyone can do to stop it.
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I will be holdi g my bitcoin gold. I wont be selling it straight away.
Look what happened with bitcoin cash this wee, up over $500 and.
I thought it was heading way down.
I think there are benefits to what the developers are doing with gold,
I want to hold and see what happens.
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its a tricky one for sure, i mentioned this before.
the fees is what is killing the prospect of investing
small amounts of FIAT to BTC [or anything to bitcoin]
and also for your small amount of FIAT you get a
very small fraction of BTC
I suppose the options are either to invest the same
amount but in half the transactions so your $100
becomes $200 to invest at a time bit once per month
instead of $100 twice per month for example.
this should attract lower fees.
or accumulate each of those $100 and wait for a
price drop which will happen but not a often as
you would like.
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Hey guys, new member here  I've been watching Bitcoin's development since early August this year, and I finally gave in and bought 1 BTC for $4600. I didn't wait because I figured the value could easily break the $5000 barrier at any time, and if the price would suddenly normalize above that level, 1 BTC would be outside my budget. I probably went OCD on the matter and should've waited instead of having to have 1 full BTC, especially since the ICO-related news from China were still pretty recent. Anyway: the 2nd wave of news regarding shutdown of local exchanges hit hours after I made the purchace, and the value plummeted (it's now hovering just above $4000, that's a 13% decrease). Lesson learned I guess. I've been lurking on the forums for a couple of months trying to pick up some sound advice from you guys, and from what I've gathered I should stick with holding for 5-10 years instead of panicking. But honestly, it's tough to ride the lows. Any words of encouragement?  I guess I'm not the only one who've had a nervous start in the world of cryptocurrencies. Anyone else feeling like they "need" to acquire 1 BTC before the train leaves the station for good? Firstly - dont worry because Bitcoin will break through this current negative cloud. There is uncertainty in the market which is driven mostly by misinformation both negative and positive and also by panic and people driving the panic lower to buy more at a lower price. If you feel you can you could always buy another bitcoin at a lower price like $3500 to lower your average outlay at $4050 Panic over! There will be people who have bought bitcoin at $6500 and $7000 and when the price fals will he panicking thinking it will never go back up. This thread is proof that it always recovers. |
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Nice idea and thanks for posting, it will be interesting
to see your progress.
I actually think this is a good time to start as there is
going to quite a bit of movement in the coming weeks,
where that movement will be is another thing.
I certainly wouldnt have the time to dedicate to such
a project, I hish you good luck.
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The other thing to notice is that Litecoin's value has stayed
quite stable hovering around the mid $50 point while Bitcoin
edged towards $6000 and past $70.
2 or 3 months ago we witnessed a sort of. Revival in its value.
and some tracking movements witb Bitcoin, but not recently.
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Bitcoin bull run is nearing its end, the steam is running out. Altcoins will rally after the fallout is all said and done.
BTC price at post $7,288
I think the dream run will continue till next 15 days and after the fork there will be little correction but price will be stable after few days, so there is no need to worry. People should avoid the panic selling and make sure to hold the bitcoins during such fork events. I would go along wits analysis, there will be a correction but Not to the extent where the altcoin hoarders are hoping, just like the bitcoin cash fork, bitcoin didnt do what almost everyone thought it would do and hence we find ourselves over $7200 |
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To the Coinomi Team,
From the bitcoingold website I understand you will be adding BTG to your
list of supported currencies. DO you have a time frame for this to happen?
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Bitcoin cash is up 40% for the week
Yea and u got rid of mine a while back, I really thought bitcoin cash was going down, bigtime. When i get my bitcoin gold, i will be holding it, let bitcoin cash be an example, no-one can say how the price will go. |
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Exactly, why would they need to register domain names for crypto currencies?
Is there something we are overlooking?
Anyway its a bizzare one and adds to the mystery of amazon and crypto...
The saga continues...
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As mentioned its a number of factors dricing the bitcoin price,
The upcoming 2X fork is playing a role as is the general popularity
and increasing acceptance.
I also beliece that Bitcoin is making its way into the portfolios of
people who traditionally invested in regular commodities.
Its like the new mush have investment in the portfolio.
i wouldnt be so sure that we see a massive correction though,
The same was said before the bitcoin cash fork!
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Has replay attack been added to Bitcoin Gold?
According to their site they have added replay protection but there is some confusion here on BCT as to why they would need it, I'm a bit confused now so I am hesitant to claim my gold at them moment. Here is a snippet from their blog and the link to the full page > Bitcoin Gold Daily Update – Replay Protection fully implemented
Nov 1, 2017 | Development
In order to ensure the safety of the Bitcoin ecosystem, Bitcoin Gold
has implemented full replay protection, an essential feature that
protects users’ coins from being spent unintentionally. Bitcoin Gold
has just implemented a solution called SIGHASH_FORK_ID replay...https://bitcoingold.org/replay-protection-development/ |
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