$2800 could be a final push but honestly speaking it's not going to break the $3000 barrier. Trading on major exchanges is going to be disabled in like 10 hours from now as well, even if people want to buy it i don't think that exchanges are going to give them a chance to deposit and trade on their platform.


Exactly. $3000 technically is just an arbitrary number that we have set for ourselves. It is purely psychological, nothing else. But psychological factors matter in trading. Due to the fact that $3,000 seems so strong of a resistance, i simply cannot see us breaking it before, or even after the fork. In fact i don't think we'll break $3000 until the next halving in 4 years(or maybe three), but if we do it won't be long lived.

Voted for BCC and not surprisingly the majority have voted for it too.

Reasoning behind this is simple - bitcoin cash isn't going to get much acceptance from anybody. Exchanges are rejecting the whole idea of bitcoin cash, people are saying that they are just stealing bitcoin's brand to try to take over bitcoin, it just doesn't seem like a long lived, healthy project.

But yeah, it's free money.

If you don't claim it and dump it early then you're going to lose out on these bitcoins. So be ready to dump it on the first instance possible.

I think that in a few hours time we might see some sort of mini-dump going on just before trading platforms start disabling trading activity from happening as well as deposits and withdrawals that sort of stuff. That might drive the price down to less than $2600, but that's just my guess and it could be well off.

I don't think that btc price is going to go up from here. No reason for anyone to buy in right now when it is right before fork and the price is so high.


Well even with the BIP91 rendering it a non-event there is still the UAHF(bitcoin cash) meaning that it is an event... And i'm not sure why you're bringing up halving when the next halving is in 3 years, lmao.

Um... Actually bother to read the OP before you comment please?

As per my understanding what you said is false. Basically every single exchange and wallet service is both disabling deposit and withdraw functions AND trading between listed pairs on their exchange. I'm not sure why the second one is true, but it's just how it is.

e.g. coinbase: https://support.coinbase.com/customer/portal/articles/2844217-uahf-uasf-faq

To simplify my question - do i really need to wait for 2-3 days to trade my coin, after every exchange recovers or can i trade during 1st August on some particular exchange? If yes, which one is it?

As we all know most exchanges will be closing all their trading activity in preparation of the 1st August event.

Is there any site on which you can still trade with existing balance(note existing balance, of course i don't expect to be able to deposit on that day) for altcoins as well as fiat $$$? If there are any, please let me know because i would like to trade on the day when it happens.

And also anyone else being bombarded with emails saying what will happen to user funds on 1st August from bitcoin accepting merchants?

Thank you all!

Hey OP, thanks for the awesome graphs & stats.

All I can say is damn! 100 ETH is like $20,000 right now isn't it And plus the 15 ETH investment profit, pretty neat.

I guess that's the beauty of investing in crypto casinos - you get to make a (thereotically) mathematical gain in the long run on your cryptocurrency PLUS any profit from the coin itself because gamblers aren't using fiat. So if cryptos go up and you get profit, then that's just more profit to you.

But obviously cryptos can be risky so, is crypto-games ever going to consider adding like USDT to their portfolio of altcoins available to be invested? Especially in a bearish market this option could prove to gain popularity and attract lots of gamblers & investors. Just a suggestion to CG management.

 keep up the good work OP!

No. To have any sort of escrow you need to have trust.

If you create a site solely for escrows to offer their service and match up buyers with each other then you can probably imagine the chaos that scammers will create. How will you make sure that these escrowers are legit but not duds? Plus how will you make sure that they pay you a cut after each transaction?

Unless YOU want to be the escrow. In that case, why would anyone trust you? What's so good about your service that makes nobody want to trust a more seasoned operation like LBC or paxful?

Not a good idea at all, you'll get criticized all round, nobody will trust you, and you'll spend a ton of money you won't be able to make back on devs, graphics, customer support, server costs etc.

Um, no.

Kraken is demanding you to pay back the bitcoin core + bitcoin cash value on your positions after the fork, correct? But thinking logically, if you short a coin right now you would be getting the same thing, bitcoin core + bitcoin cash. Therefore, there should be no short squeeze if bitcoin price just stayed stable. There is no guaranteed scenario of a short squeeze happening, otherwise nobody would be buying into these positions in the first place.

However if the price gets pumped up drastically after the fork then yes, a short squeeze could well be possible. Personally i know a lot of traders are shorting right now before the fork, on margin. But this has nothing to do with what you said in the OP, and is by no means guaranteed to happen.

Well, no matter whether BCC appreciates or not i think that anyone should grab this opportunity to get some free money. Really doesn't make sense if you have an opportunity to get some free cash even if you don't support it(you can always sell it off for the token you support). So therefore storing any amount on coinbase before the fork would be just plain stupidity in my opinion.

There is a big difference between ETC and BCC though, ETC is actually as a result of the Ethereum chain being manipulated simply because a hacker got hold of some Ethereum. BCC brings nothing morally right to the table, at least imo.

Either way, do whatever you want but please, please, do not store anything on an exchange even if they promise to pay you out. Promises are promises. Private key is the real deal.

I guess that it is completely true that bitcoin is a volatile currency. However you have to understand that a part of it is because it has a extremely small market capitalization. People think that billions of dollars is a lot but if the whole world was to use it that would end up being less than $10 per person on bitcoin.

Bitcoin currently cannot replace fiat currencies because it does not have a large enough supporter base. Once enough merchants and users start accepting bitcoin then bitcoin will stabilize itself and take over the economy as the dominant world currency.

It's not as simple as just pegging bitcoin to USD, not only is that impsosible to do but it is also very very dumb as bitcoin is a free market currency in the first place with no central authority.

I find this quite hypocritical. Obviously even if there was to be multiple teams of devs working on the project they all have the same end goal anyways. Plus it is much more likely that they are just one big group of devs working together. Also, why not list all these groups?

This isn't even a hard fork imo, it's just an altcoin. Treat this like any other altcoin airdrop(stellar byteball etc.) people because that's exactly what it is. As soon as people get it they're going to get it.

Idk what bitmain is trying to achieve. They said on their site that actually segwit2x would be preferable but now they're doing this... If they think that this is going to gain traction at all, they are dead wrong.

It's funny because if you looked through the whole video you'll see him always pausing and thinking about what he's going to say next, word after word. That is the most obvious proof that he is uncomfortable there, because he knows that he is not satoshi.

Got mad after asking a completely good natured question of would he dump his coins for BU. that again as you said proves that he is obviously begging to get off stage and go home and this questioning is driving him crazy.

And the proof he used to prove himself to be satoshi was completely fake and already public: https://www.cryptocoinsnews.com/technical-proof-craig-wright-not-satoshi-nakamoto/

Great reply from MZ, you should really be a part of the Chipmixer support team

I think sometimes we all overlook the fact that the chips are to guarantee that the funds you receive are by no means connected by the funds you send. It's impossible because the chips have been funded before your deposit. That is the main goal of having chips instead of sending coins directly to the recipient's address, in my opinion. It adds a whole new level of privacy. It's not because Chipmixer has access to private keys or whatever.

It all comes down to whether you trust Chipmixer or not, if you don't trust Chipmixer then don't use it.

I have two major problems currently with trading:

1. Lack of local traders, existing ones have spreads of upwards to 10%
2. Verification process is way too extensive and unnecessary at most licensed exchanges

In a sense, these two problems are all the same problem that can be solved by more people actively trading bitcoin p2p, and reducing the spread. Then, people have an alternative to using a centralized exchange. We have seen this in China when the KYC laws became real strict, people switched to p2p almost immediately and localbitcoins volume in china is booming like crazy.

Instead of focusing on altcoins and funding new projects, perhaps they should look at the existing alternatives? Hint: Bitcoin anyone? I mean yeah they have listed bitcoin in there but it seems like they're more interested in the prospect of being able to invest in copycat shitcoins.


If they really care so much about the people in Latin America why don't they promote cryptos there and let them own their own coin instead of having to trust wall street investors to hold it for them? The whole point of crypto is to have a trustless way of holding your wealth without banks/other external entities

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I can't complain that much though. Any move to cryptocurrencies is a good one, and wall street means serious business.

It's possible but i don't think that he is looking at it rationally.

As others have stated, he seems to be interested in ICOs and think that altcoins will overtake bitcoin in the long run. In my opinion this can't be farther from the truth, as altcoins are for-profit companies that need to provide good results for their angel investors and their founders.

I'm going to use a slightly older pic but here:



And that's when bitcoin dominance was still above 50%! Now it's only 40% ish. It's either that bitcoin is going to go up, altcoins stabilize/go down or bitcoin and altcoins both go down but altcoins go down especially fast. Either way, Mark is wrong in his prediction.

It's completely doable provided that we have a few decades to achieve this.

It's not that bitcoin is in a bubble, though. I would suspect that if bitcoin does reach a billion dollars each, then the whole world economy will be in a complete mess. 1 billion dollars would probably be somewhere in between $5000-10000 in today's dollars, so after being inflation adjusted.

Long term wise i think that everyone agrees bitcoin is going to be a success and definitely be a store of value, if not a source of profit as more people adopt bitcoin. It's the short term that a lot of people worry about, bubbles and all that.

It's funny because i saw this on the forum ad when looking at this thread:


Well, there you go. Bitcoin was the first cryptocurrency to use a blockchain to keep a decentralized ledger. Note, key word here is FIRST. It doesn't matter how good the technology behind altcoins are, bitcoin is the FIRST. I'm by no means against altcoins, they are useful but in the end they are alternatives.

People place their trust in bitcoin. And it's just not a few people, it's not a few hundred people like some altcoins, but a few hundred thousand/few million people. The more a currency is trusted, the more people will trust in it. And after all, we really don't need smart contracts and all that. All we need is a simple, decentralized payment processor which bitcoin offers already.

Price has been crazily low right now, an all time low if i'm not mistaken.

$0.56 is just a steal in my opinion. Quantum computing is not just some fantasy in sci-fi. It is right now. It's just that currently it is expensive to get one, but in the future we can probably see quantum computing in your everyday tasks, and a ledger like this will prove to be extremely useful.

Well, I guess if nobody else is buying i'll buy it all up I remember this was in the top 30 in coinmarketcap, now it's 80 something.


I think most people missed this, unfortunately... And early investors seem to not be willing to dump the majority of their coin even for 7x the ICO price, a good sign.

True. Or to be honest you can probably travel just on bitcoin right now. Credit cards charge way too much for fees overseas and the conversion fees are extremely high compared to interbank rates as well. When using bitcoin you might actually get some discounts due to the fact that many countries have strict capital control especially in Asia(Korea, China, etc. you get the picture).

Wouldn't that be quite fun? I mean, it just ultimately shows how useful bitcoin is especially when you're overseas, because bitcoin is an international currency, much like preciosu metals. It's not owned by any state.