This is mostly because Bitcoin gained a lot of traction when it surpassed the $1000 mark a few years ago. At that time, it saw a growth of over 80% new users and obviously a good amount of them would've started mining. As we move ahead, keep in mind that the block reward will keep decreasing exponentially as more and more BTC is mined. With more users mining, it could reach 85-90% of total supply in a few years from now and the last 10% would probably take a decade or two.
A decade or two? Whoa... Might be due to many miners would have quit mining by that time. Miners require a block in order to mine for a new block, and therefore a miner who finds block gets a head start on finding the next block. In fact, the miner can start mining under the assumption that their found block is valid without others validating it or even without validating it themselves.
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The Bitcoin community use to have fear of forks, that we are now excited and seeing the fork as a continuation of our original investment into Bitcoin is a huge advance in our thinking. Bitcoin can quickly adapt to any threat !
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What will you buy when the BTC falls? I believe that he will inevitably fall...
No alts right now. There might be a correction coming to alts and I am seeing bitcoin going to make a new ATH, then some sort of bear market (from few weeks to few months), and then back to bullish in btc.
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Thx so much.
Can I also move a small amount first as a test and then the rest? And from Coinomi to Ledger?
Yes you can, Coinomi has Shapeshift integrated too, so you can directly transfer BCH to BTC if you wish so. I tried this procedure with a friend who had some BTC in Jaxx. Works fine.
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It doesn't matter. just be sure you have the control on your private key and you will claim it, don't keep it on any exchange. If you want the easiest way to collecte your BCH use Coinomi wallet from your phone, but you must be very careful when you setting up the settings. you will find the Instructions in this article : Collecting your (free) Bitcoin Cash coins
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Is there a definite agreement from the BTCGold team that they are giving away BTCGold for BTC?
I think the BTG hard fork currently does not seem to be a viable fork, but if its happens, From what I've heard Bitcoin Gold isn't getting the same amount of support as Bitcoin Cash before it's launch, however Bitcoin Gold will be interesting because it can be mined with graphics card which will allow more people to mine it easier than Bitcoin. I would suggest holding as much Bitcoin as possible before the fork date. But after the fork you have to claim it before make any BTC transactions, and It depends on where you hold your btc. Personally, I'm holding my btc on a hardware wallet. Are there statements from Coinbase and the major exchanges?
There is a statement from Bitfinex exchange, but not for BTG hard fork, for B2X Hard fork. You can read more about it from here : B2X: Bitcoin Exchange Bitfinex Reveals Ticker for SegWit2x Fork
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i still newbie for trading for me buy low sell high ... only like that Research. Start low, learn. Do not put more money than you can loose. Always recover your investment before you put more money in. Play it smart and learn. It takes time. No one becomes a millionair over night. This is my rules !
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As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
I would say that the time to buy some altcoins is here I assume that the price of Btc will go down after the hard fork what means the prices of altcoins will go up Not because if ever btc crashes it doesn't mean altcoin's price will go up, but it can be possible if people move their bitcoins to altcoins after the fork. Not to mention most altcoin's prices usually goes up and down together with bitcoin's price. No one really knows for now. Your guess is just as good as mine. Bitcoin at this point still serves as the 'gold standard' among cryptocurrencies. Trust and reliability are important, and bitcoin has withstood and grown through almost a decade of scrutiny, attacks and fear/fud cycles. It will probably remain the gold standard and entry currency for some time to come. Bitcoin doesn't begin to cover even a fraction of the total possibilities of blockchain tech. Other projects are taking over in these areas, and these no reason why they couldn't ultimately end up replacing or overshadowing bitcoin.
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It's impossible to say at the present time however it's undeniable there is a major push towards $5,000 and past.
At the present time it appears like every single real trade, wallets, retailers are for the most part turning out saying they will bolster the two chains and see which one proves to be the best. So the hardfork won't be as terrible as Bitcoin Cash.
Who knows which one beats the competition and what occurs with the cost. Be that as it may, simply realize that you will twofold your BTC after the hardfork so's a tremendous reward! On the off chance that the two chains turn out equivalent in esteem at that point you've quite recently multiplied your cash
The market can price Bitcoin Gold in too highly before the hard fork by pricing Bitcoin too highly, then both correct afterward and combined market cap is lower than it was before the hard fork. So maybe bitcoin will crash after the BTG hard fork !
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Me too I have a problem with this exchange, I can't withdraw my Coins from my account, because my account is disabled. I have sent 3 times messages to support but nobody is answering me, just electronic mail. I have made enhanced verification with proof and they didn't enable my account. My profile is enhanced account but it is disabled i dont know why. I can't enable it.
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I donot have much idea about EtherDelta .So i want how much safe on EtherDelta because etherdelta wants to my pvt key and address.
ED is a decentralised exchange, written on the Ethereum blockchain. No one holds the private keys and so there is no risk of anyone running off with your tokens. I have transferred funds to and from ED many, many times.
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sometimes when I'm interested in buying a coin I just know that if I buy it the price will go down and if I wait the price will go up. I can't explain it it just f***ing happens... (I did buy and it did go down...)
Trading is about setting your rules and following them to make consistent profit. It doesn't matter if you COULD have made more money, as long as you're following your rules and hitting your return goals. In situations like that, it's easy to get greedy and want to keep riding it up, but that also leaves you open to hit losses too. It's more of a gamble.
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Everyone who owns bitcoin will automatically get bitcoin gold for free and be able to sell it afterwards while keeping your regular bitcoin amount, as long as you have control of the private keys for your wallet.
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Hey, Anyone knows the daily reasonable price to buy or sell the Bitcoin? I've some money want to invest but the daily price change is annoying me. I don't know what price is reasonable? Then I found this website, http://digicoinvalue.com/daily-price-forecast-btc-eth-20171012/Looks like a good reference when you want to trade. By the way, anyone can share how do you set the price to trade? I am not a pro trader but i think the best strategy to trade is understanding the market as regarding trade as it best suites you is what makes you profitable. I've learned to take the profits when they come cause there's always gonna be a dip back down. Never give into fomo.
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can you please tell me what will happen in a hardfork ?
in a hard fork an upgrade is added to a project. there is no consensus on what to call hard fork but usually not being backward compatible means it is a hard fork. in a cryptocurrency, hard fork is when you change something that makes previously invalid rules, valid. why is the hardfork need for a coin?
a coin is a program, a lot of lines of code. sometimes you need to "upgrade" that code to fix a problem, or add additional features, solve some issues,... so you make a hard fork. Great simple explanation ! There may not be as much noise around BTG, but I believe that the current pump in the price of BTC is due to the community buying more BTC to get more BTG. In my opinion, they just need to continue to focus on their decentralized BTG and I think that they'll be fine. That's just my opinion. I could be very wrong, but I really like the idea of truly decentralizing Bitcoin.
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It can be possible because bitcoin is slowly attracting investors and some big whales are investing more into bitcoin. Although it is not sure if the increase will continue, but at least it will another all time high. Because during the past days it keeps on increasing and i don't know if bitcoin will have dump but is is safe to say that after the fork, the price will reach higher than just 7k.
that's a very good point and I also said that the price will inflate prior to the fork for the same reason. I can also see some sense in the point about the selling delay but what really needs to happen is for BTG to come up with heavy marketing and some really strong arguments to make it look sound and promising. So far it is just a HongKong mining farm with some decent hash power and lots of personal agenda. Not much clarity on what they will improve or why and really not much of a roadmap for anything too new or different to make them stand out. At least BCC have their 8MB blocks and cheap fees.
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Hi to all expert in trading please help me what is good trading site ? cryptoecxhange or cryptopia?
Cryptopia seems good, But I suggest to you bitfinex exchange, the advantage of Bitfinex, is that you can buy more cryptocurrencies directly with USD. The site has good volume, excellent interface, it looks professionally done, even if the charts are mediocre.
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a very happy moment that btc crossed 5300$
what you think will it stay over 5000$ now?
and what caused this sudden jump in market
I have a feeling the bitcoin gold fork will lead to a situation where people will be disappointed with the lack of "free money" it will give them because its not going to be a spectacle like bitcoin cash. Not sure what to think of what will happen 2x fork. regardless I cannot see bitcoin dropping much lower than 3900 again without a massive amount of buyers willing to buy at that price.
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Today I happen to notice the Bitcoin price has gone up to 5400 level. Why there is no big activity in other alt coins. I feel 54% of market cap is Bitcoin. So does it mean alt coins have no value.
I feel there big inequality or all other all coins in no way par with bitcoins as it is market leader and it is distancing itself from others in Price.
I would not buy any altcoins now at all. As all altcoins are being converted into bitcoin and thus amount of free altcoins is growing. Its a hard game, Bitcoin might crash after the fork. Altcoins might follow and never recover, risky business, but things could just keep increasing to $10k bitcoin.
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Not saying you're wrong that we will most likely see a crash before the fork, but I think you're over estimating the fact that this rise is due to Bitcoin Gold. Most of this new money coming in doesn't even know about this fork. It's going to tumble because we are moving straight up, and whatever shoots up will eventually correct.
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