Im still trying to understand the concept of sidechains and how they will work. My question is: the tokens from sidechains (for example, RSK token for rootstok) will be able to be bought in exchanges just like different altcoins, or they can only be converted directly without being able to speculate on the price? I hope it makes sense.

I find the idea of a worldwide supercomputer to apply computer power in projects like video rendering, protein folding and whatnot, a really idea, but im not sure about it working under the Ethereum blockchain.

Also wasn't this concept tried before with Gridcoin or this is something else?

Im still trying to decide if this is only nice words (a scam) or a serious project worth investing at.

I sent a transaction an hour ago through Bitcoin Core using the default fee, and it's still unconfirmed. Is something going on with the network? I have never had problems with Bitcoin Core when sending a transaction using the recommended fee, but this time its taking too long. It's already past 1 hour actually.

So let's say you sell 220 dollars monthly to help your family with paying bills, food and basic expenses. I am making around that monthly and I need to help at home. I have no job right now and I can't find one since my studies and I can only aim at really low paying jobs which suck so I would rather keep making money online with trading and websites. I don't make much but enough to not have to work to buy myself some stuff.

Anyway, if I sell 220 dollars worth of bitcoin every month, does this need to get taxed or the amount is so small that I don't need to report it?

Im sick and tired of all those stupid news about this or that banking brand claiming how the "blockchain will revolutionize everything" or "the technology behind bitcoin..." blah blah all that crap.


When are those idiots going to be forced to admit that the real innovation is bitcoin+blockchain and not only blockchain? They truly disgust me.

I remember using Monero back in the day when it didn't even have a GUI. Anyway, I remember that it had some serious problems with the blockchain, it was too bloated.

What is the current situation now? I may invest but right now it's obviously overpumped and will correct.

ETC: Floor is 25-35 and whales are accumulating at around this range. ETH can end up being a disaster in the future and ETC will be a good hedge. Will pump.
MAID: Whales will keep accumulating at the 12-17 area, eventually there will be big pump die hype of news and so on.
WAVES: A gamble since we don't know if we will see this in Poloniex... but if it does I expect a pump.
FCT: Decent tech and looks like its stabilizing.

Drop your picks, those are my 50sats.

All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.

Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.

Let's continue then our path towards inevitable triumph.

Its amazing how a coin that hasn't had any news for months gets pumped out of fucking nowhere. Just holding 0.1 would give you several BTCs...

Anyone knows the backstory? This has to be the work of a whale group, people wouldn't start buying for no reason.

https://twitter.com/fibrecoin

As you can see, 8+ months without tweets...

Huge sell and buy walls strategically placed to trigger people selling low, I wish I saved the screenshots but I can't find them. Anyway this behavior happens often so I will try to catch it again.

There are big deep pockets invested in the ETH-DAO scam that hate to see ETC surviving as a coin and are doing everything they can to keep it down. Once ETH dumpers run out of ETC it will go to 0.006+ where it belongs.

Let's not forget ETH is a dead project lead by a 21 year old immature kid that had a mental breakdown and acted as a central banker to stop people from freely selling their shitcoins as the DAO attacked happened:

https://www.reddit.com/r/ethereum/comments/4oif2x/dao_attack_exchanges_please_pause_eth_and_dao/

He got roasted even in his own reddit

–]SixLegsGood 140 points 1 month ago

What hypocrisy! The DAO hasn't been 'hacked'. Ethereum is working 100% as designed. You smart contract lovers soon turn over a new leaf when you lose your own cash. Here are the facts:

1) Ethereum is working exactly as designed. 2+2 still equals 4.

2) The DAO is working exactly as the code specifies. The EVM isn't mistreating the DAO code at all, it is running as per the specification.

3) So there is a recursive payout 'problem'? No there isn't. It was all in the specification. When the DAO was fund raising, it was explicit that the only thing that mattered was the DAO's contract code. Nothing else should be taken as being reliable. Well, the contract code is still operating exactly as it was specified. A 'hacker' is merely using the code in ways that were there to see, should anyone have looked. How can they be stealing when they are just using the code?

4) Do you see the problem with 'trustless' contracts now, suckers? Anyone who claims that the DAO has gone wrong is at odds with the original investment statements. Attempts to block eth transfers is such blatant two-faced hypocrisy.

ETH and Vitalik's popularity is extremely damaged even within the ETH community. ETC will start climbing sooner or later. We'll meet again.

If a mixer receives coins that are from a known theft, as far as I know they remain neutral to the whole thing and limit themselves to do their job (mix the coins). There are certain sites like Helix that as far as I know are fully automatized, run on a onion tor website and deliver clean coins, after that I would say it's impossible to find, so he would proceed to sell in exchanges. Of course if he isn't a total idiot, he will not dump and will sell slowly so he doesn't get caught.

So in this situation... how can they find them? I wish they find them and people can recover funds but what if he runs coins through mixers?

https://medium.com/@WhalePanda/the-complete-story-of-ethereum-so-far-b85ba182bb35#.cv4wp7et1

A fantastic readup to fully understand what's going on and why ETC is the only possible winner long term as ETH is already doomed by contradicting its own principles to save deep pocket dev investors. Don't let ETH bagholders missguide you.

Remember Vitalik is a clown that acts like a central banker when he panics:

https://www.reddit.com/r/ethereum/comments/4oif2x/dao_attack_exchanges_please_pause_eth_and_dao/

It's set in stone. ETC will take over.

Take a look at the hash rate:

http://fork.ethstats.net/

3110.7 GH/s    1123.4 GH/s

This is the highest ever for ETC, and ETH keeps lossing hashrate.

Someone is shaking weak hands to get in hard as coins become cheap. Caution with the panic selling, this is only the beginning.

He cannot sell yet, and even when he can sell, he will not dump, he is not stupid, he has done it all himsellf, he knows he can become rich as hell if he doesn't dump because a lot of people want to see ETH fail and ETC take over. He hates Vitalik and everyone else invested in the bailoutchain. This is beyond making money, this is an historical moment as we see for the first time ever, a fork get defeated by the original chain because people is tired of bailouts in banks and we don't want this bullshit in crypto. HODL.

Ethereum Classic holds the moral values of Bitcoin Core: No bailouts and an immutable blockchain.
"Classic" sounds too much like "Bitcoin Classic". And Bitcoin Classic wants to hard fork and put a team of idiots in charge. Everyone knowledgeable in crypto is aware of the fact that Bitcoin Classic is a scam and the real hard work is being done by Core devs. So the word "Classic" has a non-serious tone to it.

I wish good luck to ETC, but they should rename it to Core. I guess it's too late to change names now tho.. so im just saying.
It's unfortunate that the "ethereum" reddit is in hands of Vitalik Bernanke the central banker that goes bailout when the smart contracts don't please him. I hope ETC wins and they take over the scam that ETH has ended up being.

http://reddit.com/r/ethereum/comments/4v0v9k/someone_just_split_from_the_dao_and_drained_it/

Damn, this is looking really bad. Even after the hardfork, the "hackers" continue draining money from the DAO. So the question is... time to hard fork again? How much money does it need to be drained for another hard fork to happen?

See? The whole situation is ridiculous. ETC is actually the coin that makes senses. They took the loss and dealt with it. They know that if a smart contract is wrongly coded, it's not a hack, it's just a mistake by the smart contract coder. Smart contract still applies so rollback is a scam.

If Ethereum survives this mess, it should ETC the one that lives on for keeping it real.

So ETH finally hard forked because holders were mad after being ridiculed by a clever guy that took advantage of a poorly coded smart contract. Notice that he did not tweak any code, he used existing code.

So not only did Vitalik try to froze all tradings to try to stop people from panic selling as everyone was fearing a big dump by the "hacker", but they finally did a rollback (this is basically what it is) to not suffer the loss of coins that they deserve for doing a terribly bad job with the smart contract thing.

And now, we have 2 freaking coins in Poloniex, ETH and ETC. As we see, when a hardfork happens the other coin doesn't "quickly disappear". ETC has huge volume in Poloniex.

So the following questions arise:


1) How much money does need to be stolen from a smart contract for a hard fork to happen again?
2) Do smart contracts even exist when now the precedent of a hard fork over a smart contract has happened?
3) Decentralized smart contracts should follow code to the end without no human intervention ever being taken. This means the "hacker" should have kept the coins, but the smart contract was not smart and was not decentralized as we can see now. What's the fucking point then, in any case?

UFC202 is finally happening in august. Will McGregor be able to take back the title? I think he can win this time, he will be more ready now. He has dominated his weight class and Nate was too tall for him but this time he will be more prepared, he is looking ripped. Of course Nate has no fear and is ready to knock out anybody in the game so I still don't know who to bet for a win..

https://www.youtube.com/watch?v=WR7HWxA-jUM

Here you can see the trailed and press conference.

I see all those people saying how they will try to short the market. I think this is a very stupid idea. You sell at 750 thinking "well that's it", by tomorrow when I wake up, we will be correcting hard at 600s again".

But then, you wake up and price is 850 and you feel suicidal.

That's why it's better to hold. With Bitcoin, you NEVER know where the ceiling is. Nailing is being lucky, and I don't want to rely on that much luck, I value my bitcoins too much to gamble them like that.

As we see, halvings make the price go up and then the price stabilizes in a higher floor, and we haven't even seen the real party yet.

So by the time we are at about 2035-2040, the mining reward will be so small that 1 unit will have to be valued by A LOT of purchasing power.

Considering that only 21 million people can own 21 BTC, those holding 21 BTC WILL have to be rich.

And also considering the ongoing crisis all over the planet with fiat currencies, and seeing how we have big names now proposing to go back to gold standard, BTC will be the digital gold.

http://www.zerohedge.com/news/2016-06-27/greenspan-warns-crisis-imminent-he-urges-return-gold-standard

All the variables for an huge price in the long term are there. All the ingredients to make BTC a supper asset valued in 6 to 7 figures just like BRK.A is nowadays, is there.

In other words, be sure to be holding a decent amount for the very long term and don't lose it by trying to be a smartass trying to play the markets, only trade with small % of your BTC holdings.

Hold long term to win.