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I experienced the same thing last year but my losses were not that large because I never used leverage. But those losses still hurt me because all the money I used for day trading was hard earned. After 6 months of losing, I came down to "buying the dips" as my main strategy, and it has worked very well for me since February, 2016.
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$5645.72 #bitstamp;
$5661.96 #GDAX;
$5654.80 #gemini;
$5655.00 #kraken;
$5642.49 #hitbtc;
$5695.34 #cex;
when will bitcoin price struggle to breach $6000?
I believe we will see it happen after the failure of the hard fork this November. It will prove the Bitcoin Core is the true BTC, supported by the community and backed by the majority of miners. The miners have to wake up to reality and see that they have to follow what the community wants. That is if they want profits for their mining. But if they are willing to sacrifice the profit then they are free to mine the S2X chain that nobody wants. Other miners will take their place in mining the original chain. |
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OP, if you are really that paranoid, turn off your wifi card in your PC and connect to the internet through a wired, ethernet connection.
But from what I have read, Krack exploits the vulnerability in WPA2 wifi standard. I assume other protocols and encryption are safe, so it might be best to start using WEP instead.
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I cannot believe no one has posted 3 main uses yet. As of today the main and common uses are, the buying and selling of drugs in the dark markets, money laundering, and gambling.
Then there is the fourth which has been gaining in popularity, payment for ransomware demands.
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It would be more prudent not to make any transactions until everything is stable after the hard fork. We do not know for how long, but keep all your Bitcoins in a wallet for at least 1 month to be safe.
Rushing to dump B2X for maximum profit is a risk as all your transaction could be replayed in the original chain.
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https://www.bitcoin.com/ what kind of this bitcoin.com wallet ? They are also provided by bitcoin, no one has mentioned it yet Do not use that wallet. We do not know which Bitcoin will be called "BTC" if the blockchain splits again on November. I know Roger Ver is a good person and he tries to do what he thinks is good for Bitcoin but his actions are misguided. He is also playing in the hands of Jihan Wu to further the miners' agenda. |
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About Bittrex, what is happening to it? There are lots of complaints that accounts are being locked and their customer support either takes a long time to reply back or does not reply at all. I hope everything is ok. We cannot have another Gox or Cryptsy.
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No mention of Bitstamp? I believe it is the best Bitcoin exchange. It is one of the oldest brands in Bitcoin, it is the first regulated exchange but sadly I cannot say that it is the most secure. It was hacked on 2015. The good news is it paid all its customers and has been operating like normal before, during and after the hack. They are well funded.
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Congratulations on the successful presale.
What kind of partnerships will Graft come after first? Will it initially go after the mainstream financial institutions or will it create a tech partnership like what Stellar has done with IBM?
In case you have not read the newson Stellar-IBM. It is posted in Coin Desk's front page.
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So most people agreed to segwit2x, though core never did and now some people who agreed are dropping out. But still the vast majority as far as I'm aware are still supporting the 2x upgrade. And I can't understand why people are so against it, as obviously more scaling is needed and a 2x of block size if just simply a good thing. Unless people think there needs to be more time to test it, though I can't imagine why so much testing and development would be needed since it is simply changes one very small thing. The contention of this issue baffles me, seems to be a very straightforward good second step in scaling bitcoin, the negativity towards it shows the unreasonable toxicity of the bitcoin community and the refusal to prepare the technology for mass market acceptance.
Anyways, which do you guys think will be considered Bitcoin after the hard fork, the original chain or the 2x chain? I'm hoping 2x takes over since it can do twice the transactions with no downside so that is obviously better for bitcoin. Either way I will just be holding my bitcoin and won't move any bitcoin until this whole mess is over and we have a clear winner. But what do you all think?
Mistake, most miners agreed to that fork, people are still supporting overwhelmingly bitcoin core and no other coin, there is no question which is the real bitcoin, segwit2x is just another altcoin that has nothing new to offer, the 2MB fork is not necessary at all and I see as a good sign that support is slowly diminishing for such a useless coin. This. Newbies make the mistake of thinking that the miners have the power to direct Bitcoin's development. They do have a "say" but they are not the real power behind where should Bitcoin's development go. To answer OP, the real Bitcoin after November is the one before November. |
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The best thing to do in my opinion is to just pretend this is not happening. Do what you have always done. If there is a bonus with BTG - then great. The energy used is a waste of time because in reality no one knows.
That is easy for you to say as long as the price of Bitcoin is always going up, right? You have your choice but it is people like you that should start being involved and have your voice heard. If you want to pretend that nothing is happening then why are you in the forum? |
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What do you think about wallets on bitcoin.com. Does it get bitcoin gold after segwit2x? What should we use between electrum wallets and bitcoin.com wallets ?
I don't know how to get b2x, bitcoin gold
Read the guide in the OP! If you want a safe wallet that lets you export your private key then use Electrum. If you want to web wallet that displays the real "BTC" then you should use Green Address. You cannot trust the other web wallets like Blockchain because the "BTC" they display might really be S2X. |
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Its not technical IMHO. Some common description and basic notes.
It does not clarify what exchanges support what and ive read that Bitfinex going to support fork.
No mentioning about lending or investing in casino. Last time crypto-games split bitcoin fair and fast.
It may be not that technical but it does tell you the right thing to do. Like what you said, you are not sure what Bitfinex supports, or if Bitcoin casinos will split your coins for you. The guide tells you how to put all your coins in a wallet that allows you to control your private key, and all the reasons why. Its more of "Hide yo women, vikings are coming"
You do not believe in doing the right thing to keep your coins safe? |
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No offense to those so called experts but even a elementary school kid can see that bitcoin is headed towards that direction, bitcoin is above 5800, it only needs one little push from the bulls and we are going to reach that amount, and second there does not seem to be a mention of bitcoin gold in the article which in my opinion is the most likely reason for the spike in the price. I disagree that Bitcoin Gold is the main reason for this rally. The new high is just the continuation of Bitcoin's bullish pattern that started on 2015. Hard forks and splitting from the main chain should be breaking that pattern not making them. But no ban, FUD or fork can stop Bitcoin. |
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All newbies should read this and have the knowledge on what to do before and after a hard fork. https://bitcoinmagazine.com/articles/bitcoin-beginners-guide-surviving-bgold-and-segwit2x-forks/The BTG hard fork is nothing to worry about. It is called a "friendly" hard fork because it is not trying to be "Bitcoin". Segwit2x is the one to worry about because it claims to be an "upgrade" to Bitcoin. The guide will tell you what to do, which wallets are safe to use and when you can claim your coins in the forked chain. Read it! |
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Both those forks are reluctant to include replay protection because it will be openly admitting that their fork is the altcoin. But what choice do they have? In Jeff Garzik's case, he wants a hard fork but he still wants to retain the name and the brand "Bitcoin"? It will take more than the miners and the NYA signatories to do that because they do not represent the community.
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My best guess would be around $6500 and still rising. So if you have spare fiat to invest, do it now. We will not have another opportunity to buy Bitcoins at this level. I cannot believe how many people are still denying it by thinking that Bitcoin is a bubble that will burst soon.
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OP, they can do what they want. Regulate it, call it their own, invest in it, anything. But what they cannot do is control it. If Bitcoin was regulated today and the government says you cannot make deposits in an illegal gambling site or the dark markets. How can they stop you from sending your coins anywhere you want?
"Regulations" are one thing, making it happen is another.
The best attempt to "control" Bitcoin is the hard fork to Segwit2x. If that happens then we the users all lose.
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can we move our bitcoin before the new fork happen? and after?
you can move your bitcoin anytime you want. bitcoin network has been working and will continue to work at all times. how it work exactly do we risk to lose our coins because of replay attack?
you do NOT lose your bitcoin if you move your bitcoin. replay attack means the transaction you make on bitcoin network will also be valid on the other (fork) chain too. so it can be mined there too. imagine you are making a payment to 1BtcAddress... you obviously don't control the private key to 1BtcAddress and you are making a bitcoin payment. that goes one fine without any issues. but the same payment will happen on the forked chain and you also pay bitcoin_forked to 1BtcAddress... on the forked chain. but since you don't control the key to that address, your bitcoin_forked coins are practically lost. remember this works the other way around too. meaning if you claim your bitcoin_forked coins, the transaction you make on the forked chain is also valid on bitcoin network so you get the bitcoin_forked coins and lose bitcoin! that is why these chains have to implement a strong two way replay protection or if they don't you have to first split your coins then make a transaction. The answer OP is looking for might be if replay protection is included in both forks. On Bitcoin Gold, I do not know but I heard it will not have replay protection. On Segwit2x/btc1, there is no replay protection. But there will be clever developers who will code a tool to "split" your coins and have them safe in your wallets in all three chains. |
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It's hilarious to see China banning all exchanges, then only to find out weeks later that China is supposedly still driving up massive amounts of volume. The guys at PBOC must be kicking themselves, and im assuming that this is not al part of a conspiracy where they always knew they would eventually lift the ban and enjoy the gains (since they would have bought the dip heavily OTC while their citizens weren't allowed to do so). Im actually pretty sure something along the lines is happening. Im damn sure throught 2018 if not before, Chinese citizens will be able to trade again and the price will keep going even higher due these news. The PBOC will have to act more decisively sooner or later or they risk making it look like that the Chinese government does not have control of financial regulations in their country. But that is what Bitcoin is there for, to disrupt everything. also don't forget that most people don't even know about BTG fork yet. when you say upcoming fork they think it is the 2x fork. the BTG website is not even ready yet! how can people even know about it  I agree. I believe BTG is a scam. The main idea of changing the mining algorithm was stolen from Lukejr. |
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