Nobody knows.
The only thing that is certain is that it will be one big cluster f*ck!
Lol for once I agree with kwukduck. This is going to be one hell of a mess with 3 different versions of bitcoins that who knows what to stick with and you may end up closing the wrong chain and get screwed. God I hate forks. Too many decisions. |
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As with everything else, there will be a knee jerk reaction once they're way too late. They think they're on the ball because they invest in shitcoins like ripple but in reality they're screwed in the long run. Their entire business model is taken over by code. What now? Make them seem evil.
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I just wish there was somewhere simple to upload your public key or your address and from there it would convert everything to usd. Does such a thing exist? Is blockfolio the closest thing?
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Also being underemployed or just having a job you hate drives you to bitcoins. At some point everyone would like to be free of their terrible job, their lack of job or their life as it currently is. That's what bitcoins are really all about, letting you dream and letting you have complete control over your financial freedom.
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I don't see the price of BCH going anywhere but down anytime soon. Most of us have trouble with moving large multisig funds to dump it. If they had a working Electrum fork + Copay fork, the price would be sub $10.
100% agree with this rofl. There are so many bugs and that's the only reason why there aren't as many people selling as there should be. I want to sell mine but I can't be bothered to move my bitcoins, then import a private key into some wallet (who knows which one is a scam at this point) then finally send them to an exchange and get some bitcoins out of it! Hopefully I get it done before they're worth $0 but even if they are, no loss here. My bitcoins are doing amazing and will only do better now. |
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You're very naive to be bitching about people giving you the best advice you could ever get. If an exchange holds your bitcoins then on August 2nd decides they're going to keep everyone's BCH then you're screwed. That's it. At least you still have them. They were never 'worth' $727 anyways. Don't consider it a loss because most people still haven't figured out where to import their private keys at this point.
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Well it's not used by anyone except for bitmain lol. So even if you have confirmations is it really safe? The TX could always get reversed because they have all of the hashing power.
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It sounds like you didn't research, you never traded before but you saw the hype and wanted some easy money. A smarter idea is find good projects, invest some money and sit on it for 10 years. If it's really good other people will take notice too and it'll go up and up in price.
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It could happen. I sometimes used yahoo but google just was better for so many reasons. The better product will always win. We're obviously really used to change here on bitcointalk so it wouldn't be a huge stretch to change cryptocurrencies at some point. I don't see it happening in the next 5 years though.
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I don't see it pulling back, at least not in the short term. I think it's more likely it will rise steadily.
A correction will probably happen once it's well into the 3000's.
Absolutely. The hard fork is over and people won't be scared off from buying bitcoins anymore. There's nowhere to go but up from this point on. |
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Lol so basically they're saying they could supported it now but won't. They're going to wait and see if it's even worth listing at all which obviously it won't be.
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Bike sharing would be ideal to spend bitcoins on. Get a security deposit that can't be refunded. Perfect. I think the same should go for hotels, car sharing, etc. This wouldn't work at all where I'm from, but if you apply this to car sharing then absolutely!!
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If bitcoins split in half the prices should be equal if the community is split 50/50. It's not going to be equal because BCC just came out of nowhere and it's a currency no one asked for. Etc made up maybe 10% and eth 90 if I recall. Etc is supported by people who think it's a free market and you shouldn't hard fork because of a major hack. There will always be another ETH hard fork, but none of them matter until someone changes it to be deflationary.
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Everyone in my family knows I own bitcoins. If I die, they won't be throwing out any of my paper wallets until they've figured out how to either convert them to cash or get them into their own address. Do people close to you really not know that you own bitcoins!?
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That would be the only way people would use them they would be worthless of course, but you could collect them for whatever reason.
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When you contacted support what did they say? This is a very specific issue so I don't think you'll get the answer you're looking for here. Why do they want your account number? Probably for AML/KYC regulations.
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I came by to earn a buck. The problem is you're paying in ETH. Maybe this should go under the service section for altcoins? I don't have an ETH address and won't be making one.
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I did the survey for you. A few of the questions are about the level of anonymity of bitcoin, but unless you know how to cover your tracks bitcoins aren't anonymous, they're pseudonymous.
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Bitcoin Cash has implemented two way replay protection so any transactions created with a Bitcoin Cash wallet (e.g. Bitcoin ABC) will be invalid to the Bitcoin network and anything created with a Bitcoin wallet (e.g. Bitcoin Core) will be invalid to the Bitcoin Cash network.
You just mean if any new address is generated after August first or any address generated on a bitcoin wallet at all will be invalid to BCC after August first? I'm going to be dumping mine asap too, I will gladly be the first one to test the transactions  . Not addresses, but transactions. Let's say you have 1 BTC at address 1Addr.... After the split, you have 1 BTC on the BTC network at address 1Addr... and 1 Bitcoin Cash on the Bitcoin Cash network, also at address 1Addr.... What this means is that if you were to have a transaction that spends 1 Bitcoin Cash to address 1Xyz..., a type of attack known as a replay attack would't be possible. A replay attack is an attack where someone copies your transaction exactly, and uses it on the other network. In this example, if the replay attack was performed (it can't because BCC has features to prevent it), then your 1 BTC on the Bitcoin network would also move to 1Xyz... (BTC address), even though you only intended to send BCC to 1Xyz... Ahhh!! I never would have even thought of that but it makes sense. I guess that's why I'm not a bitcoin ( or BCC) developer. Thanks for the good explanation. |
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They're probably just really behind on the times and haven't made specific laws for cryptocurrencies yet. This is a very 2012 problem. To be safe, pay the taxes you believe you owe. If you don't you'll have to pay th later when they find out.
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