It is really hard to say what exactly would happen. My theory is the value of Bitcoin now which is around $2600 will become the total value of BTC + BCC after the fork. Meaning BCC will steal some value from BTC in the beginning but will later diverge.
|
|
|
In crypto, the goal is that there would be no need to trust anyone. But it does not mean we have no use for centralized services, they have their function for now as long as the technology for decentralized exchanges and market places are not ready yet.
As soon as their ready, effective and as functional as their centralized counterparts, I believe we will see a shift in the Bitcoin landscape.
|
|
|
OP, that will depend on how large your losses are. If your loss is so large like over 50% of the Bitcoin amount then you have a hard choice to either accept the loss now or wait. But I would incline towards the waiting part. If the losses are small then it is an easy decision to let go of your altcoins and hold 100% Bitcoins.
|
|
|
OP, it is still too early to say. I believe there will be another drama coming when the hard fork to 2mb block sizes will come nearer and nearer.
|
|
|
OP, why do you not want to call them for what they really are? BTC and the altcoin BCC? There is no need to hide the truth from the people in the forum that BCC is an altcoin.
Because I wanted to be fair and impartial, both blockchains will be different from the one we have now, they both implement changes, the core supports SegWit2x and a small group of rebels support bitcoin cash. So on August 1st we will have a fork with 2 different versions of bitcoin, not a bitcoin and an altcoin, regardless of who gets to keep the BTC symbol. What would be unfair would be to call them something else taking away what Bitcoin really is and what BCC really intends to do. Call them for what they are please. BTC - Bitcoin the original. BCC - Bitcoincash the altcoin. There is no need to confuse the forum.
|
|
|
OP, predicting the market is useless. It could go up or it could go down and the best answer is "it depends". What surely will happen though is more drama. If you think it is the end of the big blockers after Segwit activation then you are mistaken.
|
|
|
Is anyone more excited about Mcafee eating his own dick in national television than the price of Bitcoin reaching $500k? I know I am!
|
|
|
OP, why do you not want to call them for what they really are? BTC and the altcoin BCC? There is no need to hide the truth from the people in the forum that BCC is an altcoin.
|
|
|
The authorities are going after everyone in one blow and one by one they fall. Alphabay, Bitmixer and now BTCe. They also have given a warning on ICOs not to break more laws than they have during the time of their statement.
|
|
|
No one is definitely not needed many hardware wallets have many addresses and it sends from multiple and you can request with a new one
That hardly protects your privacy. Bitcoin mixers are a must especially if you deal with sensitive and often illegal activities online. But for your general Bitcoin usage, it is not really needed. But if somebody knows our bitcoin address, then he can watch us as long as we use the same wallet. This is really bothering for me. I couldn' find a solution rather than btc mixer. That is the reason why we have HD wallets. Bitcoin addresses should not be used more than once if you want some protection on your privacy. But you really want to make sure, yes use a mixer or use an anonymous coin like Monero. well mixer serve its purpose when we don't want to risk our own wallet address as we knew that there's really still some risk from the eyes of hackers and mixer are the best ways to avoid them to notice our big transactions if we are doing it from time to time. But who are running the mixers? Can they be trusted? What if it was the hackers themselves who are running the mixers? Buyers and sellers of the dark markers should also be careful in trusting them because the people who are running them might be the government enforcers. If I put my freedom at risk, I will not use a mixer.
|
|
|
For what I want to do, which is usually play dice games and blackjack, there is no need to be very anonymous. The people who need to become more anonymous are usually the buyers and the sellers in the dark markets. For ordinary users like us, there is really no need.
|
|
|
Newbie here and I want to start trading soon. Just want to get tips on when to invest on btc and eth. thanks in advance! My advice to you would be, "don't". You will lose money by trading cryptocurrencies. There are a lot better traders than you and they would eat you alive and take everything you have. If you want to play it safe. Find a good entry price for Bitcoin and hold.
|
|
|
What is happening to BTCe and why would anyone think that they are hacked? All I got from their Twitter account is they are having an unscheduled maintenance. If they were hacked they would have told everyone already. There is no use hiding it.
But the "maintenance" is taking too long and there are people asking for an explanation. An exit scam is more possible if they do not come back anymore.
|
|
|
OP, yes it will. Check this site https://www.bitcoincash.org/They will do a hard fork because they want to fulfill "Satoshi's vision". But truly this is nothing but the idea of a few Bitcoiners to hard fork Bitcoin away from the Core developers, which the 2 of them could be named Roger and Jihan.
|
|
|
No one is definitely not needed many hardware wallets have many addresses and it sends from multiple and you can request with a new one
That hardly protects your privacy. Bitcoin mixers are a must especially if you deal with sensitive and often illegal activities online. But for your general Bitcoin usage, it is not really needed. But if somebody knows our bitcoin address, then he can watch us as long as we use the same wallet. This is really bothering for me. I couldn' find a solution rather than btc mixer. That is the reason why we have HD wallets. Bitcoin addresses should not be used more than once if you want some protection on your privacy. But you really want to make sure, yes use a mixer or use an anonymous coin like Monero.
|
|
|
Out of embarrassment, I believe OP will not come back for a while. He claimed to have shorted 75% of his Bitcoins which might have taken a big loss or maybe he still taking a big loss if he did not panic in closing his position. But usually we amateurs panic no matter what we say to everyone.
|
|
|
OP's "next week" will be this coming friday exactly on July 28. The price of Bitcoin right now is on $2700 - $2800. I do not believe it will reach $3000 this week, but it has a good chance in the next 3 - 4 week unless the miners back out from their agreement.
|
|
|
No one is definitely not needed many hardware wallets have many addresses and it sends from multiple and you can request with a new one
That hardly protects your privacy. Bitcoin mixers are a must especially if you deal with sensitive and often illegal activities online. But for your general Bitcoin usage, it is not really needed.
|
|
|
To begin with, I want to apologize for my English. This is Google translator I hope that the meaning will be clear. Dear community. I wanted with your help to answer for yourself the following question: Is the bitcoin and the rest of the crypto currency decentralized so far? Decentralization is a state in which there is no single center. But we all know that most of the computing power, which in the majority is signed by the blocks, is concentrated in China (since almost all the computer technology associated with mining is produced there) and even in South Korea. And in fact the issue of accepting / not accepting SegWit is decided by the Chinese with the Koreans neighbors. All is well, but the zone of distribution of crypto-currency is not limited only to China and South Korea, what to do if there is some kind of prediction stone, and ordinary users of bitcoin will disagree with the miners on any issue, even scaling, what then? The answer is obvious, the owners will take the upper hand of pools ... again the question is whether Bitcoin is decentralized? thanks for answers Bitcoin is really decentralized. No, Bitcoin is not "really" decentralized. Not the way it used too. With mining pools and the manufacture of Asics, Bitcoin is slowly becoming more like an oligarchy. The politics in the scalability debate is a confirmation of this.
|
|
|
|