Bitcoin is weak in what sense? In the sense of the userbase? Because the network itself is more robust than ever. It is true that most of the community is no longer anarchists and libertarians. The user base grew significantly in 2017 and most of those people are get rich quick noobs that know nothing about Bitcoin (most don't even know what the halving is). This is always something that happens with technology. The original community is dwarfed by the new users when it goes mainstream. Bitcoin is still an independent currency, nothing has changed there. The only thing that has really changed in terms of regulation is KYC rules that exchanges have been enforcing, Bitcoin itself is still fine in this regard.

I would stay away from any coin that is asset-backed. In order for it to truly be backed by assets, it needs to be centralized. Cryptocurrency is not for centralization, it just does not make sense period. So a centralized cryptocurrency is essentially pointless. Not to mention actually backing crypto by assets is not an easy task, and state actors could easily shut it down and seize the assets if they "deem" any activity as illegal activity. So you have a higher risk of asset backed cryptocurrencies being destroyed and becoming worthless IMO.

Do not get smaller coins, or newer coins promising advanced tech. These coins have not withstood the time, and are typically subject to serious bugs (EOS for example). There are three coins you should always hold besides Bitcoin, and three coins only.

1. Litecoin. Litecoin is an alternative to silver, just like how Bitcoin is an alternative to gold. It is digital Silver/Silver 2.0. It is the second altcoin ever and has a relatively large network. It is worth holding for sure.

2. Ethereum. Ethereum has one of the largest networks and has the most developers working on it. Ethereum processes a ton of TXs/day and has a great core team working on the cutting edge technology for true on-chain scaling.

3. Monero. Monero is one of the only privacy coins that actually work. Monero has been around since 2014, and is well worth the hold. Always diversify into a privacy coin, and Monero is by far the best one.

Take it from me, I have been in this game for a while. I have seen a ton of coins get massively hyped up, fail to deliver, and disappear within 2 years. These coins have withstood the test of time, and are the only alts truly worth holding. Every other coin is completely redundant.

I am a large hodler of LTC, finally a thread about LTC speculation. I don't know if $500 will be possible around July, but I am certain we will see $500 within the next two years. It's hard to say how the halving will affect the price this time around. Last time the market was much smaller and it was largely speculation. I think about 6 months after the halving, the market will react to the smaller amount of BTC being dumped on the market. Obviously the demand for litecoin will grow over the next two years, it has no reason not to. There is a very bullish future for Lite IMO.

But seriously, this thread does belong in the altcoin speculation sub-forum. This speculation sub-forum is purely for Bitcoin.

Wow, I have never heard of this before. There are people that will pay a premium to buy newly minted Bitcoin? Why is this? Is it because there is no lineage for the coins? Is it a psychological thing, knowing that you are the only one to have held those coins? Or is because like you said, they want to make sure it hasn't been used for illegal activity? This is new to me. Miners are making even more of a killing than what I have thought. I had no clue that newly minted coins could be sold at a premium.

Can confirm payment has been received. Thanks Zapo!

As for the updated rules, I love them! Every one of them is justified, and reducing the altcoin posts is a great idea. Keep it up!

Bitcoin gold was not the first Bitcoin fork like your posts says. This sort of invalidates the rest of your point, as you got something so fundamental wrong. Bitcoin cash was the true first Bitcoin fork. And how do forks dying off point towards Bitcoin eventually dying off? That is some really stupid logic. So if Fools Gold starts dying off, does that mean real gold will be dying off soon?

No.

These are just knockoffs of the real thing. Obviously the forks were going to die one day, some take longer than others. But the forks dying have 0 effect on Bitcoin. Acutally, if anything it would have a positive effect. The money from the fake Bitcoins will just flow back and reconsolidate into the real Bitcoin.

I'm not sure about this... This is the fourth (fifth?) time Bitcoin has hit these low $6k price points. We briefly dipped below $6k and are just barely hovering above it. I think we will be seeing the price drop deepen a bit more, possibly heading down to the low $5k range. I just can't see a bull run starting right now, because its recovered off the low $6k range a number of times now, I don't think it will happen again this time. Could be a month or two before we go back above $6k.

Now is a fantastic time to buy. Everything is nearly down 20%, and you know what they say, buy when there is blood in the streets. Bitcoin IMO is the safest bet, but as far as alt coins go, I think the only ones worth buying are the ones that have been around for a while and hold some merit. Litecoin, ETH, and XMR are the coins I hold. Litecoin will survive the alt-apocalypse because it serves as a testbed for Bitcoin and it is digital silver. Eth will survive because it does truly have some unique features that Bitcoin/Litecoin doesn't have. There is a large amount of developers using the Ethereum platform as well, way more than any other "smart" coin. XMR will survive because it's one of the only privacy coins that actually works, and it's been around for years already. ETH and LTC are especially a great buy right now.

Sounds like the price drop has you scared a bit! No country/governmental entity could regulate Bitcoin itself. They are trying to, but the only thing they can do is regulate how you get Bitcoin. We've seen this already through KYC and various exchanges forcing this upon the users. But sorry, Bitcoin truly could not be regulated. There is no way for an entity to "turn off" Bitcoin like they do for the stock market when the price is collapsing. Don't even worry about the price, just hodl on. We will go lower in the short-term, but long-term is still very bullish.

This is a huge dip, way down from the $1200 peak, thats like a 70%+ decline! Bitcoin is holding it's value way better, but I am surprised to see that Ethereum and Litecoin is down by such a large percentage today. I thought for sure these coins would hold value much better than the crap coins, guess I was wrong. Is there any reason for Ethereum being down nearly 20% today? I can't find anything online, but it looks like plain capitulation to me, clear as day.

This drop is astounding. I, probably like everyone else here, am losing a shit ton of money right now (this helps me find solace). I hope this decline doesn't deepen all the way down to $1000, realistically I don't think it will. There is far too much buy support on the way down to $1000. If we are in full-blown capitulation, we will likely see $5500 either tomorrow or the next day. Probably even less than that. I personally am certain that we are entering capitulation. Maybe the alts are a future indicator of this because there appears to be capitulation happening there now.
 
The whole market is going down, down, down. The alts are dropping crazy hard right now. This puts me in a mode of cognitive dissonance, because I admit I hold a large portion of my portfolio in ETH, LTC, and XMR. I'm in cognitive dissonance because I love to see Bitcoin regain its dominance, but I hate to see the Bitcoin I'm losing from holding these alts (yes they are just a tool to earn more BTC, backfiring on me though). But as long as Bitcoin regains dominance, I'm cool with it. These crap alts deserve to die, the coins I hold are the only ones that I think could survive an alt-apocalypse. Only a matter of time before I stop screwing around and consolidate everything back into BTC.

Mark my words, capitulation is just starting... But it's not the end of the world, I still believe Bitcoin will see a $50k price point one day in the near future. HODL strong, and buy some coins while they are discounted! I think this may be some of the last blood in the market we see.

Realistically, there is no way of knowing what alt would be good to exchange for. You always could exchange your ETH for XRP but then ETH could pump massively and you are stuck holding a sideways moving bag of XRP. I think if you are down that much already, it's best to just Hodl ETH. ETH has fantastic developers making dApps and improving the network as a whole. It has a great roadmap, and once sharding comes out, it will be a whole different landscape. I am much more bullish on ETH than I am on these other alts. The price is already really low, I don't see it going much lower than this.

Don't worry about it too much, unless if you are holding garbage altcoins... Then I would be worried. Otherwise, keep hodling onto the coins that have been around for a while. Those are likely going to be the ones that last. Bitcoin is going to be the safest option by far, IMO it's a guarantee Bitcoin won't go up in smoke. These other smaller altcoins are very, very high risk of going to $0. This bear market is natural with crypto, feels exactly like the bear market of 2014/2015. Could be some time until we see a decent pump, so just keep hodling. Don't want to miss out on the pump once it does finally come 

I would pick something that has been around for some time and doesn't have the thread of completely disappearing soon. IMO the altcoin market is going to continue to be really bearish, for the smaller alts at least. Realistically, right now the best coin to invest in IMO is Litecoin. Low price right now, and hasn't quite caught on as silver 2.0/digital silver, which is exactly what it is. Once investors realize Bitcoin is gold 2.0 and Litecoin is silver 2.0, then we will see the real moon. Not only that, but Litecoin will be having it's halving sometime next year. By end of 2019 we should see Lite a lot higher than it is today.

I can easily see background mining taking place in many different places in the future. Having it happen with a game was inevitable and just the beginning. Even some websites you visit will have background mining too. I can easily see this becoming like some sort of virus. You'll need to make sure now that when you download something, even if it is from a reputable source, make sure that there are no background mining processes running. I am really surprised that steam didn't catch this in the first place.

Ah, I see, thanks guys! I missed that part on the trust screen where it says they may be totally inaccurate. Good to know!

Payment received on time! Thank you, Jeremy and the Sportsbet team. I am notifying you that I too will be leaving the signature campaign. Thank you very much for the opportunity, great campaign to be a part of!

It appears as if the bitcointalk user "game-protect" (profile: https://bitcointalk.org/index.php?action=profile;u=874254 ) has gone on a negative trust tirade. He appears to have left two negative trust feedback on me for participating in the Sportsbet.io signature campaign. However, his second negative trust reads:



When I have never participated in, or had anything to do with Bitcasino.io. It appears as if he has left both of these negative trust on everyone participating in these signature campaigns, and his reference is a link to his own website. In a way, this is like reverse signature campaign advertising. Tagging everyone with negative trust, then advertising his own website. Is there any way to get this negative trust removed? He has a bad reputation and gets to make mine bad for no reason. He doesn't even know the law, so has no right to say what he did. His account even has -64 trust which appears to be well deserved.


According to the feedback left on his account, he is a very shady individual!

Awesome, no problem man, that's great to hear! Thank you!!

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