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I have joined the belacoin slack page!
I would much prefer to enter the open beta site with fewer glitches
later than join a rushed site with annoying teething problems.
Keep up the good work!
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Over on this thread about whether Bitcoin should get segwit if Litecoin gets it https://bitcointalk.org/index.php?topic=1867541.0there are a few who recon bitcoin will not get the activation as the quote from that thread below reads. Bitcoin Confirmation times and Fees are definitely killing small transactions or sure Will vendors ever accept other coins as mentioned above Doge, Litecoin etc? Lightning Networks off chain transactions are analogous to garbage collection (GC) in programming, in the sense that there will be huge unpredictable spikes in transaction settlement load on the main chain, which will cause the main chain to be unresponsive to other needs during such "hiccups", similar to how your computer pauses if you have too many browser tabs open too long, while the GC mark-and-sweep algorithm attempts to free up memory. For this reason (and others), LN and SegWit will never get activated on Bitcoin. Bitcoin was designed by the global elite for settlement between $billionaires. They want it to be as reliable as possible. So there is absolutely no way the elite are going to allow anyone to fork Bitcoin. Fugetaboutit. Litecoin is being prepared to be the scaling coin. Bitcoin will remain the power broker settlement coin. And nobody can change this outcome. A year from now, all dumbasses will once again realize I am always correct. Remember Bitcoin is made by the elite for the elite.
Just an opinion... I believe bitcoin was made by the elite for the digital tracking of the sheeps. I believe the money of the shadow elites is gold, and they are hoarding over 90% of it in subterranean safes. The elites are most proficient in persuading us in exchanging fake wealth for real wealth. It started with paper claim/paper money for gold. Soon it will be digital money for gold. You won't be able to transact in BTC on chain. I explained that to you before. There will be digital currencies and they will be regulated like 666, and you won't be able to transact on chain in Bitcoin which won't be regulated. Satoshi designed it this way and even @dinofelis admits he did, but somehow @dinofelis can't see that such a design forces the masses off chain into the totalitarianism of 666 regulated currencies. |
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Support for segwit on litecoin have already grown to near activation threshold http://litecoinblockhalf.com/segwit.php428/576 (74.31%) blocks signaling in the past 24 hours! I am going to bed tonight without holding any LTC and i think when i will wake up there will be lots of drama on market after segwit activation. [/quote] Well LTC have thrashed the threshold...not much movement in price so far...looks like ppl are cautious...would it be good idea to get hold of some LTC during this calm before the storm??? Pretty new to this crypto thing...  Yea not too much action from yesterday through to today. Price is hovering around $11.50 0.0095btc. only another 13 days or a little over for the segwit signaling to hold aboce 75% Currently above 81%. I think the markets are cautious for sure after the last calamity with Wu twittering. Which may happen again. |
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I am interested in Belacam but has the open beta test site become live yet?
I have visited the site a few times today and I cannot see that it has changed?
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My understanding of releasing more coins on the market is that its needed to facilitate the
potentially millions of transactions which will occur and is occurring between banks.
This I think is going to rise with more and more banks adopting it.
as it stands the total circulating supply is going to be shy of 100billion, we are only at
37billion now . . . i view it as something for the long term.
Because its so low in value now its a no brainer to risk $20. Thats my opinion.
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https://www.litecoinpool.org/pools#segwitApproximately 76.8% of the hashrate is now signaling for SegWit. BW.com just started signaling a few hours ago so the 24 hour average is rising and soon to surpass the 75% threshold for SegWit activation. Litecoin will get Lightning Networks (LN) off chain scaling. Bitcoin will not. Thus Litecoin is highly undervalued at $12 and should soon make a new ATH above $50. I expect Litecoin above $100 in 2017. | 42.2% | F2Pool | | 9% | LitecoinPool.org | | 8.4% | HappyChina | | 6.4% | BW.com | | 6% | Le6oriAMKX... | | 2.6% | Batpool | | 1.4% | Coinotron | | 0.8% | Give Me Coins |
we will see ...I hope so..from what I understand for the segregated witness to 'take' ...by that I mean a firm YES, it has to stay above 75% for 2 weeks? (is that correct?) So some pools could still play some games by jumping in and juming out to just manipulate price...hope I am wrong thou Yes I believe its gonna have to be above 75% for 2 weeks so there will definitely be plenty of time for the "teasing" game  Miner support on http://litecoinblockhalf.com/segwit.php is currently at 72.74% thats the highest ivs seen it since I took an interest . . . |
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I have put in about $600 in installments over a few months.
I started in january and i have cashed out some profit of $200 for a different project.
I would consider myself to be very conservative and im in for the long term.
So im not too bothered about the rise and fall in the crypto i have invested in.
The crypto i have are bitcoin, and 4 alt's.
Overall they are showing gains for me which at the moment is all good !
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features are an excuse to entice saps to hang pumps and dumps on. very, very few people care about the features of a coin. most of them don't know or care what they bought as long as there's money to be made.
hmm interesting, and this is partly to do with more and more coins being launched in the past and so the vicious circle is created of moving funds from one currency to another in line with pump and dump activity... |
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I think it is really inconvenient to wait for the bitcoin to be sent, saying that people will be really turning to fiat if these continues.
this is an issue that could hold back the uptake of bitcoin, transaction fees and confirmation times! it took approximately 24 hours for me to receive 0.0005btc [$0.61c] it was sent yesterday I didnt receive it into my wallet until today. There are going to be a mixture of transaction values from a $4 Bottle of water and a sandwich to $60 worth of petrol for instance. How is that going to work? |
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I think the altCOIN market is saturated at the moment but I stress AT THE MOMENT. I think the act that Japan has recognised BITCOIN as legal tender will only heighten interest in Bitcoin and in turn Altcoins. Now if we turn our attention to "the Blockchain" I think the surface has only been scratched to date! It has soooooo much potential and not for "coins" so we can be scammed more and more as you say but for smart contracts! We already see FIAT banking, Cloud Storage, Social media file sharing and coins [there is probably more which im not aware of!]Could we see e-mail moving to the blockchain? A twitter equavilent has been mentioned here > https://bitcointalk.org/index.php?topic=1859776.0 |
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I'm the only facing this issue or they actually didn't add other altcoins yet? the first page, before entering your account, says that It's possible to trade Ethereum, BTC, Monero, Dash and others while I only see YOC/YOG/BTC/USD tickers when I'm on the markets page.
Before we list new coin, need to arrange the rules and policy  Maybe we will add vote system and will list 5 altcoins from top 10 marketcap and 5 from new altcoins, stay tuned! I have lodged some Bitcoin to the exchange in order to play around with the features and make a few trades with Yocoin and Yogold but I do think that there needs to be more altcoins added. It sounds good that there is consideration to add a few more will be added especially from the top 10 marketcap currencies. This will add more useability to Yo-Ex and would possibly raise awareness of Yocoin and Yogold at the same time. |
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I cannot think of a practical reason why Segwit needs to be activated in LTC if the coin itself does not attract enough users to make it necessary. What if it becomes activated but nobody uses it? What good is it if it is not really that necessary?
One thing Segwit would do would be to attract more users and get pump LTC up a bit. I cannot think
Correct. You can't think. Watch and learn. Next time you'll read what I wrote. I already debunked this nonsense thread of yours. But all you said were copy and pasting all your theories and arguments of what you think. Those cannot be proven until it is done in practice. How is that debunking the question if Segwit is really necessary? The point of the question is if it is necessary now with the current usage of LTC. It will be an improvement I am sure. But is it necessary from the point of view of a user? You first have to ask yourself, how is it being used now? Why do we need Segwit now to open the roads to a Lightning Network? Litecoin has one and only one chance to ever get SegWit activated now while LTC is extremely undervalued (because this means miners can form a 75% consensus on rising the price, which won't be otherwise be possible due to the crab bucket game theory that John Nash designed into Satoshi's PoW). That window of opportunity will close and due the crab bucket mentality that Satoshi designed into PoW and never be possible again in the future. Without off chain LN, there is no other way to scale Satoshi's PoW. I've refuted all the other technological BS such as larger blocks and Xthin. Bitcoin will NEVER get scaling. Litecoin MUST get scaling NOW. And it will. And it will receive all the transaction rate scaling that Bitcoin will NEVER be able to do. Please don't make me explain this again. You are saying that making litecoin scale now is needed, but for what? There are no assurances that the cryptocoin users will all go and use it. There is also the possibility that it will have a scalable platform ready to be used but with not enough transactions to make the move to activate segwit defensible. Your theory is good and I try to understand all your posts. I am trying to play the devil's advocate to get a good discussion on the topic. We have the scalability issue thrown around in the forum a lot and no one has really asked the question what for? or is it really needed?. This could be an important point I think, If/When Litecoin gets segwit and the value pumps big what will happen to the "investments" when it stops? there is a lot of volume already in litecoin and more waiting to migrate into it and in turn will be even quicker to leave once the pump stops. Is this all segwit is gonna provide for Ltc? would that be the natural course of events in times of positive/negative hype like we are experiencing now? |
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Indeed, Japan will play host to the 2020 summer Olympics, the right occasion that will encourage visiting foreigners to adopt and make payments in bitcoin if the cryptocurrency continues to expand aggressively as a method of payment in the country. After gaining legal status as a payment method this month in Japan, Bitcoin could soon be accepted in over a quarter of a million storefronts and retail locations this year.
Very good point! there is massive potential to expose a lot of non Japanese native people to Bitcoin. Is there anyone actively involved in marketing Bitcoin and to a greater extent the blockchain technology? apart from private blogs etc. Because marketing is the key to everything really, the general public needs to be made aware of what is happening in the industry and how it can affect the future of economics. |
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Well FUCK I panic sold when I woke up at around 81 with like 10% loses, im fucking done and im not getting back in unless the price looks like a bargain.
Similar story here, panicked to quick. Segwit signaling will become the new market manipulation lever. and as the Segwit signaling reached 71% yesterday the Litecoin price still hovered between $8 and $9. so to me it looks like that little flutter by the miners signaling possibly didnt have the effect they thought it might have. Is it possible that people joined the rise at the start of the Segwit hype and have since redirected their funds elsewhere? and Loosing interest and faith in the whole Segwit hype..... |
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Now there are very good conditions to accept bitcoins as a payment on your business. There are many great payment processors. But business just don't see reasons why they need to accept bitcoins. Bitcoin community is still very very small and it's very low possibility that business customer is bitcoin user and he may want to pay with bitcoins.
But adding it as payment option will not harm them. It's not with the number of bitcoin users but it's just a simple additional payment option including the regular ones since on the other side of the note, we can speculate that 1/4 of the whole merchant's customer somehow uses bitcoin or even it's not it's fine. A single customer that used bitcoin as payment method in that store can grab some other bitcoin users too especially if the said store is easy to access for it's co-bitcoin users. Just make sure that bitcoin payment will not be dependable on a third party services but rather own owner's system to somehow save some fees. That sounds logical. Why wouldn't they just put a payment option for Bitcoin? Profitable companies (large companies) take direction from consumer demands and react to real (or perceived) consumer complaints. I haven't bought Adidas in a very long time because they use endangered kangaroo leather. Even though they agreed to stop using it I will never buy their products again. I don't trust them to do the right thing and will not spend my life supervising or researching what they are doing right now. Companies that refuse to accept Bitcoin or stop accepting Bitcoin (like Microsoft) might see a perceived stigma to accepting it. Silk Road, pirate@40, MtGox, BFL, kidnappings, and other negatives have been hyped by the media to create a general perception of Bitcoin as "crime money". Why (as a decent law abiding citizen) would I shop at a place that gets part of its revenue from "crime money". That's the problem with negative press, it sticks with people a long time and is really hard to wash off. Good points for sure, negative press is picked up quicker than positive news IMO especially in todays world where "crime" accounts for a very large portion of news stories along with politics [mostly negative] For governments at the moment in general they are not seeing a benefit to their exchequers from Crypto Curencies so they are all to happy to hear the negative press except that is Japan who recently recognised Bitcoin as legal payment https://news.bitcoin.com/japan-bitcoin-method-payment-april-1/Now this is a really positive news story and hopefully in the short term will see other countries following Japan's stance! I think if you have a business in Japan the time is right to accept BTC |
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How new does the altcoin have to be?
I would suggest getting into Bitcoin first and then trade into
your chosen altcoin from Bitcoin.
You will need to do some research and work out the positives
and negatives. Check the announcement threads here on BtcTalk
and obviously check out news articles on google and reddit etc.
No-one knows what the future holds and a true example of this
is the activity surrounding "Litecoin" which up to a few weeks ago
was talked about as being "dead"
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Why do coins have to be a store of value? All that does is lead to hoarding. How much bitcoin gets spent? Very little, people think of it like gold, or stocks.
The value of doge is that it can be used as a currency - in other words, to buy and sell real things in the real world. The inflationary side is a plus because it means people spend and tip instead of hoarding.
What got me thinking was "where can I spend Dogecoin?" and this list throws up a few possibilities https://www.reddit.com/r/dogecoin/wiki/shop_with_dogecoinI must admit the list is not hugh but I didnt realise you could even spend it anywhere. Like all altcoin's I have heard good and bad things about Dogecoin and I have to do a little more research on it. My desktop wallet is "Dogecoin Ready" so I do have a place to store it if/when I decide to get involved. What has been mentioned earlier is the mining of the coin the circulating supply is gynormous is this working against it? |
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The site looks amazing, love it.
By the way, you planning on adding more pairs in the future? Right now it's only Yocoin and Yogold against bitcoin and USD, I wonder if you are planning on adding pairs like ETH against YOC and XMR against YOC etc.
agree with you, if the website add more pair like eth or other coins their volume in a day will be increase and many people will try this website Im not surprised for their alts added since this exchange is owned by yocoin management and maybe if they can see how worthy will be if they add some alts in their exchange. But for now lets just see how this exchange goes since they are new and need more exposure first so that they can get more valued trader who will try to exchange at them. Yes I agree, so far its an exchange for YoCoin and YoGold, there will need to be a bigger range of trade-able coins going forward. YoGold is the newer of the coins so it may have potential and should help YoCoin along - maybe. As yo-ex, yocoin and yogold are of the same family the graphic design of all three is of a similar theme which is fantastic! Its a pity visitors have to create an account to view the exchange. When you log into the site you are offered two factor authentication, funds cannot be lodged to the exchange without it. So the proper security features are present from the start. |
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It would be a better idea if you let lesser rank people into this with lesser pay, you may get more output from that. I don't think any hero or legendary member will try for your campaign..  I might be interested as my first signature campaign if you consider Lower ranked users......... |
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