I expect it being reached at 0.20 by the end of the day. People looks enthusiast enough to keep it pushing upwards.
tripling from here? that's more than a little optimistic. it's got some momentum, i don't believe anything has that much momentum especially over the course of one day. roger announced few month ago that if the 2x update will not happen on main chain, he will dump all his btc for bitcoin (cash).
sure he will.
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As some others have already stated, this is most probably because of the price increase. The higher the price, the profitabler mining becomes.
But yeah, 21% is quite a lot.
a percentage like that is not normal and the price has stopped rising. it also coincides with multiple fork dramas and people circling who have a great incentive to usurp the original bitcoin blockchain and now is the ideal moment to attempt it. it all seems a little too neat not to be the case to me but maybe i'm being paranoid.
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Already 50,000+ GB have changed hands below 0.05 BTC per GB.
that's a very interesting figure. that's more or less 10% of all current coins and 5% of all that'll ever exist. i think people regularly forget that there's only 1 million. i don't have a clue what's gonna happen but it's a system i dig and i'm not getting rid.
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However, that would put the coding in the loving care of Garzik, who is already dividing his attention on some ICO token, Metronome.
that's what's so stupid about the whole thing. i think there are enough people who dislike core, want a usable chain or don't care for another competent development team to take the helm, especially when it has all that business and hashing behind it. despite all that they've done nearly everything possible to turn people off the idea - no discussion of replay protection just in case, disguising nodes, private mailing lists, weirdly blank responses to logical concerns. i guess at heart they didn't want to do it if this is how it's panned out. i can't think of any other explanation.
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In my humble opinion, only "Bitcoin" and "Bitcoin Cash" are the real deal so I don't hold any other coins. Also coinomi felt too "commercially" when I tried it. It had advertisement for other coins and ICO inside of it. It did NOT feel like "my" private wallet at all.
same as mycelium, and mycelium has more crap plastered over it sometimes. it's cheesy but these people have to eat. there are programmers to pay, servers and nodes to run. i'd prefer it if they charged a one time fee myself and i'd happily pay it. coinomi works fine for me too.
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that would make one single bitcoin worth 100 million dollars. do you really think that's a likely possibility in the next few centuries? that would make one bitcoin more than the gdp of certain countries.
$100,000,000 is a 16,000x rise from here. where i come from that's alot.
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Who defines the level of difficulty? Bitmain?
the bitcoin algorithm decides. the more miners there are the harder it becomes. bitmain probably has the most mining power so they have the most influence over upping mining difficulty.
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the only people who'll be devastated are the morons who got into it.
the market cap is a mirage, 24 hr volume is tiny and i've never heard of the exchanges it's on. it'll screw them. real crypto will be fine.
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I sort of wonder what was supposed to be the result of BCH?
i think we're gonna see the intentions behind it with the upcoming segwit2x thing. that's the reason why it was created. it's a hedge, a threat and a lever for the big blockers to try and get what they want.
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Has there been a demonstration on a testnet that the segwit coins can indeed be stolen? I may not be from Missouri, but you still need to show me. Such a demonstration would seem to be trivial to produce, if it were indeed possible.
why waste time listening to the deluded rants of this asshole? you could demonstrate that segwit cures cancer and he still wouldn't believe it. some people aren't worth talking to because it doesn't matter what you do or say, they're fixated on their position. he's one.
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I don't think it could be part of the Segwit 2x plan. This would increase confirmation times and time to find new blocks, but it wouldn't kill the old chain. As others have said - I think it is market related. New mining capacity coming in and miners moving from BCH.
you kill the old chain with a bunch of gradual steps. you don't kill it stone dead instantly. you make it unattractive to mine and use by making it slow and expensive. it's a snowball effect. once a few people abandon it then more join. before you know it it's having its life support turned off. no one thinks a move of this magnitude isn't slightly aligned with the upcoming fork?
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A huge leap. Is this 'organic' or is it somehow part of the 2x plan to kill off the old chain with a fatally elongated readjustment period?
What do you think?
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in simple words: ETH, like any other cryptocurrency, is volatile, so the price can go up/down anytime, right? so, if you bought ETH right now @ 295$, and next month the price goes up to 500$ or more, then that's considered a great buy.
you're making that sound like a breeze. eth was 10 bucks and less at the start of the year. 10 bucks to 20 doesn't take much momentum or money when you compare it to 300 to 500. these aren't fictional numbers. they require a bunch of money to be committed. i don't see where that much money will come from for modest gains with outsize risk.
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that's a really crappily written article with a bunch of weasel words. if it managed to pull off some actual neutrality it might be worth paying some attention to. where's the professionalism when it comes to smearing and shilling these days?
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Buying alts at current low price might be wise decision to make quick profit.
can anyone tell me why these current prices are low? at the start of the year most of them were a literal fraction of what they are now and nothing much has changed apart from an ico bubble. i don't see how a several hundred dollar eth can be considered a great buy.
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There is a possibility of more forks coming our way too. In that case, there would be a lot more than just segwit2x to worry about. Each of those forks will create a bubble that bursts right after the new coin is introduced and it is very unhealthy for Bitcoin itself. I don't think we will hit 15k next year, but at the same time, I would have never predicted bitcoin to reach 6000 by the end of this year either. With that said, people can guess but we will never know what is true until the time comes.
the only fork that matters is segwit2x. everything else is a sideshow. the more forks there are the less fooled people are gonna be. there's only so many times the same trick can be pulled before everyone goes back to ignoring this stuff.
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i think it all depends on the forks. and aren't people happy enough with this year's progress already? there ain't too much of this year left anyway, about 8-9 weeks. where's the extra $4000 gonna come from?
this year has been far, far more impressive than i ever thought was possible. i think $10,000 would be a little greedy.
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there are no wallets. there is no chain. because of that no one can claim squat. if it isn't a huge waste of time then i guess they're still in their huge premine phase and then they'll unleash it when they have something to dump.
i'm hoping this is gonna slowly kill off the fork trend.
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So, any reasons why Byteball tanked and is not showing signs of recovery? Is there no real excitement left in this coin?
everything's flat or tanking but byteball has the added bonus of thousands of people who want their free money and have no faith in its future. that's a pretty potent combination for a very ugly chart.
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let's see whether it becomes an actual working chain before getting uptight about it. i have serious doubts it'll ever exist.
the exchange that don't support it have told people. it's up to them to get it off those exchanges. if they don't then i don't care what happens to their btg. it was stated clear enough.
bitmex did the same for bch and were upfront about it.
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