Relevant: Jiang Zhuoer, founder of the world's third-largest mining pool, BTC.Top, for example, isn't shy about his opinion on bitcoin's upcoming Segwit2x fork, the third this year following bitcoin cash and bitcoin gold.
But Zhuoer, whose pool serves 12.4 percent of the world's bitcoin miners, appears to already be personally embracing alternatives, even after signing an agreement that might suggest his preference would be otherwise.
He told CoinDesk:
"To be honest, I do not care about bitcoin now, bitcoin cash is bitcoin. I earn by mining bitcoin, [selling it] and buying bitcoin cash. We mine for the most profit and buy bitcoin cash." * jawdrop * i sure he hope he doesn't have external investors. if i was one of them i'd go round his place and kick him until he was dead for risking my money like that. |
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it's looking more brutal than i expected for many a coin. bitcoin hasn't gone up as much as many of them have lost.
i wonder what's gonna happen when all the forks are over and done with. maybe it's a little reminder that alts are not the be all and end all. there's a whole lot of junk out there that deserves to be wiped out.
i also think icos were a one time hype. there was enough of a push back from the authorities to put a major dampener on that. that's gonna damage eth and a few others.
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Yes it is a mess, i have been investigating during the last days and all this matter from this next fork is really a garbage, i dont understand why they are making it so difficult to spend those coins, i dont get it, and why do they want to make double transactions?
because in the mind of its creators, this isn't a chain split, it's an upgrade so we shouldn't care about what happens to our old school bitcoins. unfortunately for them the rest of the world doesn't agree with that point of view. |
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i do not want to keep any coins on exchanges, and i'm not convinced some of them will do it in the way i want them to. you might end up with a coinbase situation where you're waiting months.
it's gonna be better to sit it out and do nothing while everyone else hammers this stuff out. that's if the fork actually happens which i'm still not sold on.
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My decision is based on the fact that alts will moon after fork. I have been in this space for a while and i never seen soo many toxic people. If it is up to me i hope BTC and 2X explode and we are all forced to all use Bitcoin Cash and Ether. At lease the community is more level headed.
it won't be level headed. it'll erupt into putting out hits on each other. don't get into this space expecting people to be nice. everyone's out for themselves and they don't care what dead bodies they leave behind. if you don't keep that attitude then you're gonna get ravaged. |
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you could say the same for almost every alt. this demonstrates that the alt market is pretty much one market spread between a bunch of coins. the players don't care what the coins are, they move between them.
we'll see movements when all the bitcoin forks are resolved. until then it's gonna be dead.
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I hope Blockstream loose, there is alot of rude people like u supporting them. I am going to sell all my btc for altcoins a day before the fork and stay out of this mess.  so you're making financial decisions based on the brats who live on the internet and how they treat you? i think you need to go away, thicken that skin up and think about your priorities. |
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So $900 is all time all time high?
you find that disappointing? it looks pretty amazing for something that cost nothing. anyway i don't think the story is over. alot more could happen yet. it's the toy of some rich and powerful people. they're not gonna walk away that easily. |
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This is correct, it can take a little work to get to your private keys in some cases. It is practically the same as with all the recent bitcoin forks. However I think you can compare it to having to dig up 20 cm of sand to open a treasure box. It's not thaaat horrible.  well, last time i needed some keys from an hd wallet i downloaded one of those html pages that decrypts the bip39 seed and gives you the potential addresses and keys derived from it. after 1500 addresses i gave up looking for the one that had coins on it. |
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i assume this has been asked a million times already and it's probably super obvious, but what do people who want to claim after november 2nd do if they have bitcoin seeds rather than raw private keys? i know private keys are retrievable from seeds but you might have to dig through a lot of crap to find them with third party programs depending on what wallet you have.
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doesn't it completely depend on the coin? coin developers know there are hungry miners out there so they supply coins that can be mined. if there isn't one now that suits your gear then one that will be suitable should come along at some point.
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in terms of which coin people will use as the gold standard, technical excellence is one of lesser factors. bitcoin might be steam age compared to what's coming but it works and it never breaks. that's worth far more than any upgrade in functionality. obviously it can't stay frozen in time but there also has to come a point where everyone agrees where to settle and bitcoin is still it. the longer it stays it the more certain its future is.
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What if you temporarily can't recall the PIN and you've lost the seed?
then you're stupid and you deserve to lose the coins. you shouldn't put one satoshi into it until your seed is backed up to hell and back. |
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even if you cash out anonymously, what are you gonna do with the vast amount of proceeds? that can't remain anonymous. thousands in cash these days is a recipe for major head aches. no one wants it. if you throw it in your bank you're gonna wind up with a long list of questions.
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I'm very happy with my ledger nano s. It would wipe the device after the 3rd failed PIN attempt. Also there is no known exploit (fixed or unfixed) right now unlike trezor  i'm wondering why the trezor gets so much more bad publicity than the ledger. there must be exploits but you never hear about them. either they're killing hackers off or it is the perfect device. |
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wow Thank you
any do you know any site or software for withdraw BCH from paper wallet?
i use the sweep function in the coinomi mobile wallet. it hasn't failed me yet. |
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I did withdraw to paper wallet , is there any site can check BCH wallet balance ?
http://blockdozer.com/insight/or any other bch block explorer. that's the one that i've used the most. |
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Why there are so many conspiracy theories regarding changes in bitcoin mining difficulty.
i have never been inspired to give mining difficulty much thought before. but right now incentives are aligning in a very particular way and this jump in difficulty fits neatly into that. the creation of bch is a one giant attempt to troll and hijack bitcoin. the creator of that also has the most mining power to do the same to bitcoin itself and they're now doing it. |
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november 13th. yep that's so totally not intended to screw with bitcoin exactly when it might hard fork too. and anyone who thinks this coin exists mainly to undermine bitcoin is on another planet. maybe. |
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When 3-6 blocks will be mined this will go down like titanic
why? it's the type of coin you leave on an exchange. you can't do anything with it other than buy or sell it so there's no point removing it. |
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