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961  Economy / Collectibles / Re: [TEASER] NaTTyMiNd's SAMSARA by Eleutheria on: November 22, 2017, 02:36:25 PM
Come on guys I only count commitments for 22 coins so far including people who want to buy two.
962  Economy / Speculation / Re: Analysis on: November 20, 2017, 07:20:42 PM
Guys no one has a crystal ball. If you take a look at a log chart of Bitstamp there is a pitchfork that price has been obeying last half of this year that calls for a reversal at around $9K. Remember January is usually a down month. Take a look at the Andrews Pitchfork and draw your own conclusions:



masterluc has a good track record but I think he dismisses the threat of BCH too flippantly. There are upset Chinese miners who are almost certainly planning another attack on bitcoin before the end of this year. I told my friends early on to buy BCH under $500 to act as a hedge for bitcoin. I want bitcoin to flourish as much as anyone but I also see the threat. Miners could switch to mining BCH and blocks on bitcoin could slow to a crawl. People would panic trying to sell and would not be able to get their bitcoin to exchanges and all of a sudden we could have price parity between BTC and BCH. I hope not but have to factor into my trading. Sorry to hijack the thread this is my last post here. Good luck!
963  Bitcoin / Hardware wallets / Re: Ledger nano S or Trezor T? on: November 20, 2017, 01:25:12 AM
Trezor has no security issues with latest firmware that seems to be an urban myth being passed around. You may as well accuse Nano S of having back doors built into the secure enclave chip they use and cannot open source because of non-disclosure agreements with their supplier. When you are using a hardware wallet the larger the screen the easier to use. That gives original Trezor an edge over Nano S just as Trezor T will be easier to use than the original. The Trezor GUI is also more user friendly than Ledger's.
964  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2017, 08:59:37 PM
So far this year since July bitcoin price has stayed within the channels of this pitchfork drawn on a log scale chart:



The trend lines suggest a mid-term top around $9000 followed by a correction back to around $7900. Price could also correct back the the mid-line at $6500. Where it gets interesting is if price breaks through the top trend line. Also something to keep in mind is January tends to be a down month, so I am expecting a rally into middle of December then some profit taking.  
965  Bitcoin / Hardware wallets / Re: Ledger nano S or Trezor T? on: November 19, 2017, 07:17:44 PM
Trezor is more intuitive to use than Nano S and has a better user manual. Go ahead and get a first generation Trezor is my recommendation. When the new Trezor T is out you can always buy one, restore your seed to the Trezor T and use it as a spare, or your main hardware wallet.

I have all the hardware wallets (I seem to collect them:) and Trezor is my favorite. It is more straightforward to use than the Nano S and has the larger screen. I have the Trezor T on order and look forward to using it. It seems to be a race on which hardware wallet will support Monero first. I have a KeepKey that sits on a shelf unused, the same with Digital Bitbox.
966  Economy / Collectibles / Re: [TEASER] NaTTyMiNd's SAMSARA by Eleutheria on: November 18, 2017, 05:35:31 PM
Count me in. No. 38 to match my Goddess please.
967  Economy / Collectibles / Re: [Auction] ColdCoin Bitcoin Spy coin #29 on: November 16, 2017, 09:13:03 PM
0.02 BTC
968  Bitcoin / Hardware wallets / Re: Nano ledger S is hacked or not hack !? on: November 15, 2017, 06:26:09 PM
This is why I recommend Trezor to new users more intuitive. No manager to confuse, no problems with memory. When I go back to my Nano S after a time of not using it I really appreciate how easy Trezor is to use.
969  Bitcoin / Bitcoin Discussion / Re: Bitcoin Transaction Stuck! on: November 14, 2017, 08:27:19 PM
You sent with a 110.324 sat/B fee which is way too low with the network congestion right now. https://bitcoinfees.earn.com/ suggests 780 sat/B.

Your wallet is using too low a fee, either use a better wallet like Electrum with the high fee option or set your fee manually.

Meanwhile you can use the transaction accelerator at https://pool.viabtc.com. They only allow so many uses per hour. If you create a free account you should be given a handful of free accelerations.
970  Economy / Collectibles / Re: [CHECKING INTEREST] Polymerbit LOADED notes on: November 14, 2017, 08:21:54 PM
Talk to your solicitor for legal guidance before shipping loaded notes to the US. Good luck!
971  Bitcoin / Hardware wallets / Re: Best hardware wallet? on: November 14, 2017, 08:11:32 PM
Trezor was the original hardware wallet and a Trezor bought in 2014 still works fine today. I own one of them. Ledger Nano S is the competition. Contrast this to the Case hardware wallet which came out to great fanfare but no longer works because the fees used are too low and cannot be updated.

Case is now obsolete and anyone who spent $199 for it has a paperweight. KeepKey took Trezor code and forked it when they came out with their hardware wallet. It is very pretty but I worry if they are in it for the long haul.

I would stick with Trezor or Nano S. Most of us own both of them because some altcoins might only be available on one or the other. Also the user experience is different. You might prefer the Nano S GUI while I like Trezor. Both are top shelf. Nano S does have a longer warranty, two years where Trezor is one year.

Trezor T will ship in January and uses a new operating system which is supposed to make it easy for developers to add new coins. The original Trezor will still work fine and be updated but there is the possibility some new coins might only be available on Trezor T which has more memory.

Don't wait for Trezor T if you do not own a hardware wallet right now. Go ahead and get either a Trezor or Nano S so you can protect your private keys.
972  Bitcoin / Bitcoin Discussion / Re: 134k unconfirmed transactions now. I'm starting to get really worried about this on: November 14, 2017, 05:43:27 AM
I sent a transaction this afternoon with the fee recommended by https://bitcoinfees.earn.com/ and had confirmation within 20 minutes. People complaining about stuck transactions are not using high enough fees. Some wallets like blockchain.info set fees too low, you need to override and use a higher fee. The memory pool is getting better transactions in the queue are under 95,000 and slowly going down.
973  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 13, 2017, 05:08:19 PM
If I have BCH in a wallet whats the quickest way to convert to to BTC or GBP?

Is there a localbitcoins style site for BCH yet?

Try hitbtc.com or shapeshift.io

Stay away from hitbtc.com they may be selective scamming.
974  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 12, 2017, 03:16:15 PM
Bought some 150$ worth of BTC 6 hours ago from coinbase and still waiting for them to reach my wallet.
Not sure if BTC completely dead or CB not helping

It is a good idea to check the bitcoin memory pool before sending to see if there is a transaction backlog. If there are more than 50K transactions waiting to be confirmed consider waiting. The memory pool should clear later today when Bitcoin Cash difficulty increases by 400% and miners switch back to mining Bitcoin.
975  Bitcoin / Bitcoin Discussion / Re: 134k unconfirmed transactions now. I'm starting to get really worried about this on: November 12, 2017, 03:57:01 AM
BCH difficulty will increase 400% in less than 20 hours according to https://fork.lol/pow/retarget so miners will switch back to mining bitcoin and the memory pool will clear. If you have a stuck transaction and paid an adequate fee it should confirm soon after that.
976  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 12, 2017, 03:12:27 AM
The strange thing here is that despite the massive volumes, crypto market cap is still mostly the same.

Latest move is caused by Wu and Ver selling their BTC stash and buying BCH trash. There is no fiat involved. This is why market cap measured in fiat is the same.


Spot on, and this is why it is being done on a weekend. No funds can get through till Monday, so they are hoping that the incoming funds see the BCH ATH and try to get in on it. Thing is, I'd say they're getting this wrong, new funds won't be wanting to buy BCH at ATH, they'll probably be wanting to buy BTC on this dip, like they intended.

This is also why the mempool doesn't matter that much, fiat transfers to exchanges are not hindered by spamming the mempool.

But BTC sent to exchanges does. Monday will be interesting. BCH difficulty is forecast to double in 24 hours so miners will switch back to BTC and the memory pool should clear. Lot of coins probably reaching exchange wallets. Could see $5000 if panic selling starts.
977  Bitcoin / Development & Technical Discussion / Re: Bitcoin Transaction Still Unconfirmed 36+ hours on: November 11, 2017, 11:28:16 PM
You can use the transaction accelerator at https://pool.viabtc.com/tools/txaccelerator/ to push the transaction. You used a fee that is way too low for the current network congestion.
978  Economy / Speculation / Re: perfect timing for re-buying on: November 11, 2017, 05:36:09 PM
A correction was overdue and price could possibly reach $5000 - $5300 but a base at $6000 is more likely. No one has a crystal ball though. This Andrew's pitchfork on a log scale chart shows price action with support and resistance zones since January:



Median trend line is at about $6000. If you are going to start buying you could start there. Buy more to average down your cost if we see lower prices.
979  Bitcoin / Bitcoin Discussion / Re: Bitcoin Cash Hard Fork in 2 Days on: November 11, 2017, 05:22:20 PM
Source?

https://www.bitcoinabc.org/november
980  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 11, 2017, 04:47:00 PM
There was plenty of time to sell above $7000. I put up this pitchfork previously. Correction was overdue and might be as deep as $5000 to $5300:



Bottom may coincide with 3 day RSI under 50. It turns out that BCH is acting as a hedge for BTC and those who held on to their airdropped BCH are doing well. There is no guarantee BCH price will continue up though. Bitcoin will bottom out and recover.
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