Yes,i got warning from twitter. Civic CEO Vinny Lingham shared the following advice to all Bitcoin users: I recommend to people in Bitcoin to have two pots. One is your long term BTC holdings, cold storage. Never sell those. Trade the other pot. Prepare for hard fork: Although it’s hard to tell exactly which Bitcoin services will support Core, BU or both, users can expect their coins to be available on both chains.
Keeping your bits on your own personal wallet, in which you control the private keys, is advised, as this would ensure that your coins are credited on both blockchains. One could then access the BU coins via the Bitcoin Unlimited client and the original chain’s coins via any wallet that supports Bitcoin Core. Keeping coins on an exchange is not recommended.
“Coins on an exchange are not yours. That’s true regardless of any possibility of a fork,” Antonopoulos notes.
However, if you do store your coins on an exchange, the most likely event would be the exchange will credit your coins on both chains, though it’s a decision that will be left entirely up to the exchange operators. To play it safe, keeping your bits on your wallet and keeping your funds in cold storage/offline is highly recommended.
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The market diving caused by ETF rejection. This is just temporary problem the price will up soon. Chinese exchanges delay not cause market diving. There is no correct point to corner the Chinese exchange. On my point of view, we can't blame the market industry. Because, bitcoin market not stable.
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I think you are focusing about future bitcoin industry,i'll give tips to promote your blog to encourage the users to read your articles.use below steps to welcome bitcoin begineers to crypto world. Here the some basics for blog promotion: 1.Post to Twitter 2.Post to Facebook 3.Post to G+ 4.Comment on a bunch of commentluv blogs so people can see your recent post 5.Submit it to blog voting sites like http://Bizsugar.com or http://blogengage.com or Hacker News 6.Deep link to other bloggers posts so they will be sent trackback notifications, getting them to your site might 7.get it mentioned elsewhere - engaging with other bloggers is the best way to get your content promoted. 8.Mention other people and products in your post and send out tweets letting them know they were mentioned. 9.Get guest bloggers who will often promote the post to their audience (ex / current journalists have a healthy audience) 10.Send an email newsletter to your list with a personalised intro and a link to the blog post (I use MailChimp it's great). 11.Go into forums that are are active in and look for threads that your post relates to, if rules permit reply with a link to the post. 12.Update your forum signature every time you release a new post. 13.Use WiseStamp so your email signature always shows your latest post.
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Yes, any data can be embedded in a blockchain using transaction metadata, and then all participants in the chain will then receive a copy of this data.
Having said that, blockchains only make sense for file sharing where it makes sense for every node to receive a copy of every file, and (at least in current implementations) every node keeps every file permanently. Otherwise you'll want something based on distributed hash tables, where files are stored with just a few copies and retrieved only on demand.
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btcjam is by far the worst lending service I know.
The site is full with scammers and the staffs are not even doing anything to prevent this from happening.
Btcjam is a cesspool for scammers and I would advise anyone considering to invest in their loans not to. I am not really sure about the other Bitcoin related websites however I would think it would be the case generally speaking.
One major problem with Btcjam is that they force you to collect on defaulted loans. If someone borrows $5,000 from 100 people, borrowing $50 from each person, then each person would need to invest additional money to only potentially recover a small amount, likely needing to invest the entire amount they are attempting to collect. A better solution would be for BTCjam to collect on behalf of the borrowers as a whole (or employ a collection agency) which would allow them to realize economies of scale when collecting on delinquent debts and it would obviously be much more worthwhile to collect on a $5,000 loan.
Itgot really bad with lota of defaulters. btcjam was never any help. no way to recover the money
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Bitcoin Core was Satoshi’s implementation of his novel Nakamoto consensus algorithm. Bitcoin Unlimited is an attempt to utterly destroy Nakamoto Consensus in Bitcoin. The new bitcoin unlimited implemented without community standards.It developed to destroy the original bitcoin core.Now a days forking affects the bitcoin price,this is the reason bitcoin price decrease a lot and the situation is unstable.This condition very risk for traders and minors.Finally,Bitcoin unlimited is just a diversion not a alternative.
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You guys still don't get it, please can you name one thing that is scarce that doesn't have value? There are only ever going to be 21m bitcoin.If you really think that we will ever return to a new fiat currency backed by gold once all the trust has been broken you have another thing coming. That saying "fool me once..." comes to mind.
As a technology professional, this is the most unbelievable technical inventions of my life time. It is an asset based currency not a debt based currency.If you really think that the world is going to go backwards and we are going to shop online with silver coins that just ludicrous.There is waaaay more more risk of your gold being confiscated than your bitcoins.
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Bitcoin itself as a protocol will evolve. Many people forget the simple fact that it is a protocol first and the money part just happens to be the first app written over it. Think of it like the Netscape browser written for (predominantly) HTTP. It was good at its time, but then other browsers took the mantle and Netscape was dethroned. The same analogy could apply to bitcoins (the money). It could be dethroned and for all we know Dogecoin or Litecoin could prevail. The Buying process of Bitcoins will have to be made much more simpler than it is at present. All indications point that the process will get more streamlined, so buying bitcoins will be an easy task. In most countries (US included), companies that trade Bitcoins onto the local currency would be regulated. More exchange companies will mushroom. Acceptance. Until and unless Buyers keep pressing / asking Merchant to accept Bitcoins, merchants will be oblivious to the demand. If you walk into a store and ask if they accept Bitcoins and they answer No, this is the expected answer. Repeat this scenario with 10 other Buyers asking the same and the Merchant will think differently. They just might start looking at Bitcoin acceptance. Much of the developed world where payment systems that enable instantaneous person-to-person payment are not available, would love to adopt Bitcoin. The barriers are the regulators and the almost near vacuum of local Bitcoin exchanges. Look at India - no exchange in India. Same can be said of Pakistan, Bangladesh, GCC, Indonesia, Philippines, Thailand (though there are a few players in Thailand who are selling Bitcoins), North Africa, etc. There is a very large population that simply does not have access to buying bitcoins. Since they cannot buy it - they cannot trade with it. This will be changing in the coming months/years. Volatility will minimize. I won't say it will disappear, the public at large is too sensitive to everything the media spews out relating to Bitcoins. Arbitrage will almost be negligible. You will see the movement pickup speed with a few authoritative anchor users accepting Bitcoins. (See this excellent article by our resident Payments Maestro Brian Roemmele - Starbucks To Accept Bitcoin In 2014. by Brian Roemmele on Accepting Payments ). As more and more larger corporations start offering Bitcoin as a payment alternative, many companies waiting in the shadows will jump onto the bandwagon. This chain-reaction trigger is very important for Bitcoin to survive. Many are waiting for the trigger. I don't think the price for the next 2-3 years will break $5,000 (the expectation of it going to $25,000 to $500,00 - will be bad for Bitcoins in my opinion, too many speculative money will enter the ecosystem, which will cause regulators to clamp down hard on Bitcoin). My personal estimation is that it will hover between $1,000 to $2,500 (for the next 24 months at least). Acceptance of Bitcoin as an alt. currency in developing countries would be very important (as opposed to outright banning it). I however, have my reservations on this. The regulators in the developing have a very myopic vision when it comes to alternative currencies. Such obtuse undertaking will kill Bitcoin (in a legal manner) in the developing world. The market capitalization indicates in some manner that the currency is now too big to collapse (not that it cannot happen), by a measure of its own self, it will most likely survive. Bitcoin will be featured regularly in the Remittance World (a sure sign of its success would be the World Bank reporting remittance figures on the Bitcoin platform) - How this will be done, is debatable and questionable, but I'm leaning in as a proponent. Snap Payments with Bitcoins for Websites, Freelancers, etc. would be enabled. This means, very quickly accepting $25 in Bitcoins, which are in turn converted to Euros and available in your pre-paid Debit Card (all by inserting some simple code on your website to accept the payment). Think BitPay or Coinbase on steroids, globally. Currency Brokers will be trading and dealing with Bitcoins more regularly. Bitcoin exchanges in the West (perhaps US, or UK) will prosper and take over in volume (provided international clients are allowed to hop in and trade). Incorporation of Bitcoin payments within Social Media would be the norm. You would definitely see native or plug-in based activity around Bitcoin. Think Twitter, Pinterest, Facebook, LinkedIn, etc. Apps not related to money, but related to the open-ledger system of the Bitcoin protocol will start emerging. I'm absolutely lost when it comes to giving such examples, but I am sure, someone out there is thinking of a kick-ass way of using the Bitcoin protocol and building a non-payment app on top of it. Currencies based on the Bitcoin protocol or modified protocol, will start seeing a market themselves for specific purposes. It could very well be that Litecoin might dominate the Remittance market, or changing Linden Dollars to Litecoin. Or Mastercoin is used on boards like Warrior Forum or Digital Point (the Affiliate Marketing Ecosystem) or Peercoin is what is most accepted and traded in South Asia or South America. Such patterns and/or segmentation may very well emerge.
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This is nothing but mis-pricing of security, in theory of efficient market hypothesis EMH by Eugene Fama, an asset price incorporate all the available information and will be trading at fair value.
In reality, we are not part of perfect market, most of the markets worldwide are semi-strong efficient. What it means is, the new information takes a while to get reflected in the price. whereas in perfect market (strong form of efficiency) stock price reflects as soon as some information is made available.
To link this to your question, it may happen that the investors in different stock exchanges may be not aware of the exact information leading to different pricing of same security in two different markets.
It may also happen that as the prices of a security is derived from actual transactions, availability of buyer and seller also be a reason. A higher liquid market absorbs the information faster than relatively illiquid market. Happy Investing!!!
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Every time you send BTC you DO send the entire amount of each input to an address up to the amount being sent plus fee and includes inputs of other addresses as necessary. Every time you receive btc to an address it is a separate input and are entities upon themselves. What you don't spend is returned as "change" usually to a new address, which is commonly referred to as a change address. The bitcoin protocol does not allow any portion of a input to be spent. Each time the entire input is sent. So if you have 1 bitcoin in one address as one input and you send someone .05 btc with a .0001 tx fee, 0.9499 btc will be returned to you as change, usually to a new address unless you clicked the option in electrum to not use change addresses, then the change will be returned as a new input to the same address it was sent from. Every time you receive money, electrum will show a new address to receive the next payment and each time you send btc a new change address will be used.
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ProtonMail uses OpenPGP internally. What this means is that mail between ProtonMail users is end-to-end encrypted and cannot be read by anyone else, including ProtonMail. In contrast, reading your mail is sort of the point of Gmail, Yahoo, Outlook, etc.—it helps them build advertising profiles of you so that you can be advertised to in more targeted (and lucrative, for them) ways. From a security perspective, it means that a database breach at ProtonMail would not leak your mail content, whereas it would at almost any other provider. This is also true for mail from outside ProtonMail, as we encrypt incoming mail on your behalf and throw away the plaintext as it arrives. This means that your mailbox acts as sort of a document vault that only you can read. Finally, ProtonMail also has some neat features that can be used when, for instance, you are asked to email something sensitive to a third party who doesn’t use ProtonMail. In that case, you can set a password on the email and the recipient will receive a link asking them to log in on our secure server to access and decrypt your message/attachments. I’ve used this several times when asked to send documents to banks, etc., and it is MUCH more secure than regular email for this purpose.
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Well, I don't think the intention is to stop the movement, it's probably a good enough spot where some people would still want to buy and others to sell. Assuming the pressure is uniform, the owner of those walls should continuously make money. If that is the case, eventually the volatility should dampen and the price would need to be pushed around a bit to attract attention.
Well, there's no price over time data, but the bar form of the depth chart ls interesting for visualizing where the demand is built up along the price axis. Looks like there's a lot of demand for bitcoins at $7.50 and even more people who want to sell bitcoins at $9.
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This is kind of a chicken and egg problem.
For someone to come years later and wonder about this, the coin must be alive still. This means there must not have been any moment in its history where the vast majority of people thought there was no point mining this coin. This is the reason why there is more incentive given to early miners to support the coin, since it has not proven itself yet, and so it is seen as very risky to mine this coin and hold it.
Moreover, the percentage of coins already issued at a given moment is only a factor if you're going to be mining (note: I'm not talking about the relative holdings of different people, just the percentage of issued coins, these are very different things to consider). If you're not going to mine, but are considering buying instead, then the price/market cap is much more salient.
Additionally, whether people have profited or lost in the past should have no bearing on whether a coin is good to buy and/or mine, all other things being equal.
Note: the things I said above are what I said, and nothing more. For example, "whether people have profited or lost in the past should have no bearing..." does NOT mean that the particular circumstances in which this may have happened should not have bearing. Just make sure I an not misundedrood
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House Bill 180 , introduced by state representative Kito Fansler, will potentially bring companies that exchange, store or transmit digital currencies like bitcoin on behalf of a customer under the state’s money transmission laws. If approved, relevant companies would need to apply for licensure with the state’s Banking and Securities Commission.
The proposed legislation includes an expanded definition of "virtual currency", including both decentralized and centralized varieties, and covering "open-source, math-based, peer-to-peer- virtual currency" in particular.
Notably, the bill is a follow-up to a previous effort to change state law to account for digital currencies. HB271 , which contained much of the same language, failed in committee, months after being introduced in late January 2016.
The latest bill highlights the twin directions that lawmakers in different states have taken on the question of regulating digital currencies. One the one side, led by states such as New York , licensure frameworks have emerged that include the technology under existing or updated statutes. In places like New Hampshire , by comparison, state officials have sought to create exemptions for digital currency traders.
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Now a days bitcoin price is unstable. so, investors and traders sitting front of PC/mobile for finding current btc rate. I need a android app that can check the BTC price every sec and notify if price was increased to particular rate. There also need custom price set option. The app only notify when the custom price will be reached.
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If Bitcoin became global currency, it would necessarily limit what bankers and govt could do. It would be much, much more difficult for govt to finance wars, continually expand welfare roles (as opposed to focusing on those who are in most need), subsidize various industries, etc. Bankers would also have more incentive to limit it's lending.
However, overall there isn't any reason to believe that there wouldn't be similar investment vehicles, savings edifices, deposit insurance, etc. In addition, as someone else mentioned, a fixed currency creates a situation where productivity and population growth (slowly) increases the value of each bitcoin. This encourages savings over debt.
Many disagree about the impact on business, productivity, growth, innovation, etc between an (moderate) inflationary/deflationary environment. But that's a slightly different and deeper conversation. Briefly, many believe that a deflationary environment would not just slow, but actually reverse spending, growth, and investment ("Deflationary death spiral"). They tend to believe that inflation is necessary to encourage spending and growth. Others (myself included) believe that an inflationary environment tends to encourage over-consumption, spending and borrowing over savings - thus leading to more/bad debt and contribute to in-stable boom/bust economic crashes. Similarly, these believe a deflationary environment would not stifle growth, but would slow it to a stable, more sustainable rate.
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Both are Bitcoin binary options,I didn't used both of them and also did't trade ever binary system.so,don't know if they are similar or not.
My friend doing trading he says,binary is a gambling trading which works on users prediction about price.They don't cheat you about the bitcoin price up and down.
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The hard fork supporters believes after the hard fork, it will be two chain.The two chains can have below properties: The hard fork can create new chain then old chain ,then the new chain have new parameters and old chain have old parameters.The hard fork supporters believe in new chain can take over all controls of old chain and it can make it old chain useless.But,hard fork supporters forgot something,the new chain can't perform like old chain,because,miners will left with bitcoin,this would make bitcoin fees high. so,bitcoin unlimited miners will get low coins. so,they are definitely move to old block chain.if this will happen, the bitcoin price once again up and down. So,hard fork can't stop the original chain.And now a days the Block size is the on going big issue.
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