Bitcoin Forum
April 26, 2024, 05:09:52 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 [50] 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 »
981  Economy / Gambling / Re: FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds on: October 08, 2017, 09:01:45 PM
...

Basically in the next 40 days it will bring alot of uncertaintely for services and exchanges since its still very difficult to tell what will come of this Segwit2X fork.

It would of been alot better to just postpone the fork until next year. Because unlike the BCASH fork,  there is no emergency difficulty adjustment.

And what will happen will be a miss since both chains cannot run at the current huge difficulty without massive slowdown.



The Bitcoin price has increased nearly 6 % today. This suggests that many investors are not worried about the fork at all.
Big holders can expect a huge windfall of coins if the fork actually happens. If both coins will be trading for several thousand dollars
per coin and you sell your coins on one chain for coins on the other chain you can potentially increase your stash of your preferred
BTC coins by 50% or more.

No replay protection also isnīt a really problem if you decide to leave the coins on both chains untouched for a few days or weeks
until the dust has settled.
982  Economy / Lending / 10 mBTC loan - 42 days - 7 % interest on: October 08, 2017, 09:44:42 AM
Hey guys,

Iīd like to borrow 0.010 BTC (10 mBTC).

Details:
Quote
Loan amount: 0.010 BTC (10 mBTC)
BTC address: 15z5AZoEMkorbjgGfMUxEEZFpAhVjSaq3o
Interest: 7 %
Transaction fees: You cover the fee for the lending transaction, I cover the fee for the repayment (very low fee is fine, I can wait 24-48 hours)
Repayment: until 20th November, 2017 (CET time)
Repayment amount: 0.00107 BTC (10,7 mBTC)

If I would repay the loan early, I would still be obliged to pay the full interest.

Thank you in advance for your help!


983  Economy / Speculation / Re: Is S2X already on life support? on: October 08, 2017, 09:28:49 AM
I kind of wonder how much depends on the ticker symbol. Bitcoin = BTC right? Not BCC or BCH or BTC1 or whatever else.

Bitcoin is BTC. Who decides this? Top exchanges. That is a lot of power resting there.

Exchanges have a lot of power. Most heavy miners send their coins straight to the exchanges so they ultimately end up being puppets to the exchanges...

Iīm not sure where you got this information.

Most miners sell OTC and not on exchanges. OTC has obvious advantages if you sell large amounts - as the miners do - because
you avoid slippage and donīt scare the market by big sells. Besides, many miners hold certain parts of their mining rewards for
the long term instead of sending them "straight to the exchanges", because they can increase their profit substantially if the BTC price rises.

984  Economy / Speculation / Re: Amazon to accept Bitcoin as early as this October? on: October 08, 2017, 09:20:26 AM
Well there is a petition on Change.Org

https://www.change.org/p/jeff-bezos-amazon-com-should-accept-bitcoin-and-litecoin-cryptocurrency-as-payment-methods-asap

If this is really true that Amazon would accept bitcoin as payment then this would be one step to global acceptance. Bitcoin community will have now the options to used bitcoin directly to buy things from Amazon. It will benefits both the market and Amazon itself. There might be challenges for sure, like the price volatility of bitcoin. But if they were able to successful implement it, other big and popular online store would follow the lead by Amazon. Let us see if this will come into reality.

Iīd argue that this petition on change.org would have a higher chance of success if they scrapped
the Litecoin part. Litecoin blocks are basically empty, which implies that the coin is barely used
to transact at all. Therefore it would not make much sense to add LTC payments.

In my opinion Litecoinīs use case is being a testnet for new Bitcoin features (e.g. Segwit was live
on the LTC network well before the BTC network).
985  Bitcoin / Development & Technical Discussion / Re: Just confriming, segwit or segwit2x is going ahead on BTC? on: October 08, 2017, 09:10:04 AM
If 90% or more of the miners supports it then its really core who should add replay protection and change the difficulty adjusting.

Why are we still disusing this?

https://blockchain.info/en/pools

F2pool is %10+ of the hashrate, F2pool is not support segwit2xCoin anymore. Reason they are still voting "intentional" and noobs think it's still relevant:

https://twitter.com/f2pool_wangchun/status/906022864389681153

So thats -12% ish hashrate support for 2xCoin, and that doesn't count Slush and other miners that will defect.

The legacy chain will not disappear. Bitcoin will not lose.



I think you are overestimating the power that some pool operators have. Even if the owner of
F2Pool decides to not support Segwit2x, it is entirely possible that the hashers (=the people,
who actually mine for F2Pool) have different preferences.

Besides, I donīt think that mining pools will be the decisive factor. It is more probable that
the miners will switch to the winning side - irrespective of which chain actually wins out.

The outcome is more dependent on the decision, which chain gets the desired "BTC" ticker
symbol at the main exchanges. As far as I know only Bitfinex has already clarified their stance
on this question. The other exchanges still havenīt addressed the upcoming fork.
986  Economy / Gambling / Re: SwCpoker.eu | No Banking, Only Bitcoin | Bitcoin Poker 2.0 LIVE NOW! on: October 08, 2017, 08:57:46 AM
Do you have any plans to offer a webclient for the people, who donīt like
to download 3rd party software to their computers?

I assume that this attitude is rather common among people, who run Bitcoin or
Altcoin wallets on their computers and are therefore more interested in keeping
their computer secure compared to the average computer user.
987  Bitcoin / Press / Re: [2017-10-06] Japan’s Finance Industry Embraces Bitcoin Mining on: October 07, 2017, 01:11:17 PM
... Combined, miners across the world collect $7.84 million a day.

        "According to Blockchain, a British startup, miners across the globe collectively make $7.84 million a day — 10 times more than two years ago."

...

The amount of mining rewards (measured as $) can easily decrease substantially if the BTC price falls.
After all the block reward is 12.5 BTC and not a fixed dollar amount.

However, I think mining will be a profitable business endeavour for quite some time. Especially
if the Japanese companies manage to successfully develop the more efficient 7nm ASICs.
988  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETHEREUM !!! We go up !!! on: October 07, 2017, 12:04:45 PM
ETH should break above $400 on next try and then it can run to $600 - $700 easily.
Just a matter of time.

These price levels are basically impossible for ETH.
If the price increases only a few %, many ICOs will liquidate further
parts of their ETH holdings, which will soak up the buying demand very quickly.

Iīm pretty sure we will never see Ethereum prices above 500 $ / ETH again.

989  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 07, 2017, 11:24:00 AM
Bitfinex Motivation behind SegWit2x trading pairs

Quote
One of the interesting characteristics of open-source projects is that developers are free to split the code into new projects if they want to take a project in a new direction. In open-source terms, this is called forking the project.

I would say that one of the interesting characteristics of doing such a thing, dear Bitfinex, is to profit as soon as possible from this game. Inflating useless tokens in the market before the time.
Again, we are becoming worst than the ones we wanted to replace in the first place.


I share the same sentiment.
Bitfinex has introduced several trading pairs in the past that are questionable at the very least.

However, I wouldnīt conflate Bitfinex with Bitcoin as a whole. Bitcoin as a whole is still great.
Letīs hope it stays this way after November.
990  Economy / Gambling / Re: 🌟Bitvest🌟 - Investor Plinko, Dice, Slot, Roulette, Bitspin | ETH/LTC Launched! on: October 07, 2017, 10:33:06 AM
Will you handle the potentially upcoming fork in November in the
same way that you handled the Bitcoin Cash fork?

It would be great to know your stance on this in advance.

991  Economy / Gambling / Re: FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds on: October 06, 2017, 12:38:43 PM
Could you tell your market makers that they should consider seeding the horse betting markets
with more liquidity?

Right now I want to place a bet on a horse race that starts in roughly 25 minutes.
Itīs not an exotic event, but rather the opening race of the racing day at
Ascot (one of the more prominent racing stops).

On the favorite (Alaadeel) I can place only a paltry 6 mBTC. This is not, because someone
took away the available liquidity (the market has no bets as of now), but rather
because the market maker didnīt offer more than 6 mBTC.
I can understand when the market maker doesnīt want to expose himself on a longshot,
but Iīm talking about the favorite here.



992  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH: Reasons for Volatility Changes on: October 06, 2017, 10:21:17 AM
The price movements that you have mentioned as examples happen everyday in the crypto world.
They are not always caused by real news (e.g. China banning ICOs), but sometimes are just
caused by a surge in demand or a surge of supply.

ETH is special in this regard, because many ICOs have no intention to keep the ETH they raised
during the ICO, but instead convert them to BTC or to fiat. This means that if a big ICO decides to
cash out their holdings the ETH supply suddenly increases (or the price drops if they sell
using market orders).

Let me know if you have any further questions!
993  Economy / Speculation / Re: Price BTC after SegWit2x? on: October 06, 2017, 10:13:55 AM
i think segwit2x will be just the same as BCC fork, when the fork complete, the price will moving up slowly and then recover,and we will get a decent airdrop bitcoin gold. not a bad thing,i hope .

Bcc fork involved a lot of influential people, but didn't involve the miners. This fork will be different. The miners control the hashing power and hence the network. So it is not straightforward.

BCC fork was heavily promoted by Bitmain, ViaBTC and Bitcoin.com.
Therefore there are at least 3 mining pools that were involved in the previous fork.

Besides, many pools just mine the most profitable coin - irrespective of their
support of a specific cryptocurrency.

994  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2017, 10:11:40 AM
on bitfinex BTC/BT2 is currently trading for 0.4. I wish I could already sell my 2xshitcoin to get my +40% btc

The trading pair has been live for just a few hours with tiny volume.
I would wait until the futures market is more liquid.

Itīs too early to use this as an indication of the likely BTC2X price.
995  Economy / Gambling / Re: Official Americas Cardroom Thread on: October 06, 2017, 09:57:34 AM
ACR Rep, we heard that your poker site will start accepting 60 cryptocurrencies, are you integrating Shapeshift in your cashier or are you gonna handle all those payments yourselves?  Just wondering, but the former seems more likely.

Iīm not working for Americas Cardroom, so take my reply with a grain of salt:

The cryptocurrencies that ACR is going to accept in the near future are identical with the coins that are supported
by the Shapeshift API. Therefore it is highly likely that they will be using the Shapeshift API.
If you are going to deposit with one of the more obscure coins, ACR will immediately convert
your deposit to BTC using the Shapeshift API and then probably to fiat (maybe they actually
store BTC for the long-term).

996  Economy / Gambling / Re: Nitrogen Sports 💪🏾 UFC 216 ⭐ Free Bets Available 💪🏾 The Future of Betting on: October 06, 2017, 09:52:35 AM
Hey all,

The site is back up but players may experience intermittent delays for the next short while. Please bear with us if that's the case.

Thank you,

- Jason.

I still have problems accessing Nitrogen. I was able to successfully login a few minutes ago, but bet placement
was impossible, because the odds werenīt even loading when I selected a league.

Have you any estimate when the site will be usable again?

997  Alternate cryptocurrencies / Altcoin Discussion / Re: Storing Altcoins on: October 05, 2017, 05:43:34 PM
Where can I store my altcoins? I was thinking of buying and trading some altcoins, but can I just store them in like for example bittrex? Or should I download the altcoins individual wallet?

The answer depends on the amount of altcoins that you want to store, the percentage the
altcoin stash is compared to your overall wealth and your risk tolerance.
In general, it is not recommended to keep coins on exchanges
due to increased counterparty risk.

After all, being able to store your own wealth is one of the major
benefits of cryptocurrencies.
998  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I made $3.2M in Cryprto since 2010. Here are my top picks for coins under $1. on: October 05, 2017, 05:14:42 PM
I thought it was quite interesting that you did not invest in any sort of privacy based altcoin like Dash, Monero, ZCash etc. Do you believe that we already have enough privacy already with bitcoin or just overlooked these coins?

...

Iīm not the opening poster, but there are good reasons to ignore
the privacy-focused altcoins like Dash and Monero.

Many people think that these altcoins have a use case in the future,
however many people and teams are currently working on introducing privacy- and
fungibility enhancing features for Bitcoin. If Bitcoin one day is nearly perfectly anonymous
there is no real use case for these altcoins, which have low merchant acceptance
compared to Bitcoin.

999  Alternate cryptocurrencies / Altcoin Discussion / Re: How are you hedging the upcoming Segwit2x fork? on: October 05, 2017, 05:08:55 PM
To mitigate the risk, it's probably best to have part of your money in Bitcoin and part in other well established coins like Ethereum for example. By keeping BTC you might win some free coins, but also loose quite a bit of money if it goes badly.

Ethereum is not a safe haven!
What do you think will happen to the ETH price when the ICO bubble finally bursts?
I am pretty confident that we will see Ether prices under 50 $ per ETH in the
very near future.

1000  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: October 01, 2017, 03:33:05 PM
I'm using the API to trade.
Often I'm getting errors like this: Invalid order: not enough exchange balance for -2.8459 ETPETH at 0.003383 I checked and double checked, the balance in the wallet is correct, and is exactly the same amount as on the failed sell order. 
I guess that I'm not the only one that's facing this issue. Is there any logical explanation why this happens? Any suggested workarounds?
...

This might be caused by a rounding error. Have you tried making the same order with -2.8458 ETPETH?
Any other amount that is smaller than your actual balance should work as well.

Of course this could also be caused by other problems in your code or indeed be a problem
at the Bitfinex side. However, I would suggest trying my recommendation first, because this
seems one of the more straightforward solutions.



Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 [50] 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!