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OP, if you are investing large amounts of money then try to be safe with it and wait until August and see how the markets will be. To invest now and not care what happens next would be irresponsible.
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lol segwit2x = barry silbert barry silbert = blockstream puppet master. all barry wants is segwit activated ASAP, all spam+propaganda leads back to barry even the tx spam that started when core bips "needed" to be pushed, check out the mempool spam accelerate in october-november 2016.. oh and a spike around the june '16 period the other core bip needed some attention.. and if you dont think that barry is a puppetmaster. go check out his portfolio of companies he has OWNERSHIP stake in http://dcg.co/portfolio/blockstream coinbase BTCC bloq people can point fingers in different directions all they like, but if you follow the money and drama, its clear to see the strings nice try pereira4, but next time you and billy really should stop trying to grasp empty staws from reddit and do some real research A month or 2 ago I would have disagreed with you. But now the we see how things are going, it could also be Barry Silbert and friends flooding the mempool. I am not saying Roger Ver and Jihan Wu are not involved. All of them are involved at the top, directly or indirectly. The sad thing is Core is all caught up in the middle and all they want to do is get Segwit activated in the safest way possible through a 95% supported MASF. |
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That is good news but no one will really be using the service through Bitcoin payments. I am not trying to be negative, it is something I have noticed. Maybe because there are not that many users of Bitcoin yet? If there are they will be holding not spending.
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My answer is simply NO and I want Segwit to be activated the BIP 141 way. If it reaches the deadline and it is still not activated then we have to accept that. It is not the end of the world for Bitcoin.
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OP, if you have no other use for Bitcoin but to buy and hope your $10,000 will soon be $20,000, then I advise you to turn around and leave for now until you know what you are getting into.
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There is a lot of speculation that a blockchain split is possible. But I believe if BIP 148 garners enough support the miners have no choice but to follow. The way Bitcoin network operates, it is the nodes that create demand for blocks.
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five years into the future prediction... wow ... I would be happy if I was able to predict bitcoin price next month ...
ed;typo
Yes good point. No can predict the market. What by then a war broke out between South Korea and the North or a zombie apocalypse started or something? That will be a big blow on the world economy and I am sure no asset is safe, including Bitcoin. |
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OP, yes. It is dipping right now. That is always a good opportunity to find and entry. Do it and good luck!
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What kind of drugs is that guy on giving a valuation like that? That would be one super impressive pump, by all the George Soroses and Warren Buffets around the world.
But whatever happens Bitcoin will always be a buy and hold.
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this "law" that you are so happy about is enforced through something called consensus in a decentralized network like bitcoin. and when this consensus is reached it means the majority of the network has accepted that new "law" and you need to respect that.
creating dumb memes won't change anything about it.
and if you are unhappy about how things work in bitcoin, there are centralized altcoins that can work to your liking with one person making all the decisions and the network follows him. you can switch to those altcoins.
Good point. I wonder what altcoin the OP would transfer to that satisfies his requirements. Litecoin has Segwit, Dash is instamined, Ethereum cannot scale unless it hard forks to POS and ETC has the DAO hacker ready to dump. Never mind the others like Ripple XRP. |
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Is Ethereum now a joke network in the forum? There are many negative comments about it now that it was uncovered that it cannot scale. But what about the hard fork to POS and sharding? Both will be ready by the end of the year if I believe.
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I will believe them if the financial institutions of Wall Street pump Bitcoin to that level themselves. But if they are just saying that just to get some attention, I say do not listen. People from Wall Street are bigger scammers than the people from the world of crypto.
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I'm sorry, what's going on here? I don't see your point, OP. Stocks are getting repriced after hours?
I don't read anything by zerohedge anymore, after I became convinced they're tools for the precious metals industry.
It is probably nothing but a glitch in their system. The nice thing about it is there are regulators and people overseeing the system to check if there is fraud or if someone is exploiting the system. In Bitcoin we are all on our own. |
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OP, your argument is only scratching the surface. Bitcoin cannot replace fiat simply because banks will never ever give up their control over the monetary system. They will move mountains and use everything in their power to prevent Bitcoin from gaining critical mass.
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DJI and all major/minor stock indexes around the world in a bull market since the end of 2016.
Bitcoin and almost all altcoins are in the bull market almost since the same time.
Do you think these are the same whales that are trying to make some money around anywhere? No. The stock market of a country is considered the backbone of its economy. If it is doing well then it shows that the economy is doing well. That also means the people have disposable income that can be used for whatever they want including taking risks in cryptocurrencies. I am expecting a correction in stock market very soon. Is this correction affect cryptocurrency positive or negative way? Maybe also negative. If people become risk averse most of us want to have cash. Do you think bitcoin will go in bear market if stock markets go in? Or the whales in stock market will move the monet into the coin market?
All markets including cryptocurrencies could go in the same direction if a really big crisis happens. |
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I hate it when people from the mainstream whore Bitcoin like that. This is the first sentence in that story. "Stock research analyst Ronnie Moas said he bought bitcoin this weekend and thinks it could reach $5,000 within a year."
He then goes on with how great Bitcoin is using all the old arguments that we have already heard many times. That guy is shilling because he bought some.
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The Korean exchange has already said that they are paying back their customers after the thefts. The OP, by making that title thought he can start something.  |
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what's the real usage of smart contracts anyways? i am seriously curious about this. because so far i have only seen smart contracts on ethereum and they are all ICO tokens of useless projects one after another.
so for example what RSK is supposed to do? shift all these ICos to bitcoin?!!
I believe they will find real usage with the technology in 5 to 10 years time. I also believe smart contracts will be of more use in the dark markets or markets that are operating outside of regulations. A few examples of smart contracts are: Micro-lending, Distributed voting systems, Machine to machine payments, Decentralized exchanges, Asset tokenization, Supply chain tracking, Loyalty and rewards Micro-insurance, Crowdfunding, Property registry, Escrow services, Transparent public tenders, Remittances. Read https://faq.rsk.co/en/main/ at Rootstock website for more useful information. They keep "advertising" that it is good for those things but do smart contracts really make the legacy systems better and more effective? What do they need censorship resistance and decentralization for? |
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Any evidence that the recent congestion has been due to spam attacks? Big blockers want big blocks in order to be able to have transactions confirmed in the next block with low fees... Spamming the network would be making sure they don't get exactly what they want. Sounds counterproductive.
No evidences, just FUD. The mounting evidences over 2 months of high fees, based on the numerous complaints here and reddit, it is perfectly possible that users are no longer making transactions or only making fewer transactions than normal. This would lead to reduced mempool. But there are no evidences that it was not caused by spam either. There were also some Bitcoin contributors who have said that there are some people spamming the network. This address, whoever owns it, is clearly trying to flood the mempool. https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15fIf that is not spam, then what is it? |
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1,000,000,000 Won = $875,853.23 = ~330 BTCthis is not even in the top 20 exchange hacks in the history of bitcoin  this is more like the amount that some whales lose if they have a bad trading day... My initial reaction in seeing the word billions in the title was "wtf!?". Upon clicking the topic, it is not even 1/2 of the largest hacks in Bitcoin or all of crypto for the matter. The hacker can dump all coins in the market anytime, no problem.  It is a clickbait title. Moving on. |
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