it depends on "where" you made your purchase. obviously if it was from a reputable person/website you simply open a ticket with them and you get either your goods or your money back.
if you made the purchase from some shady unknown person on the internet then just kiss your money goodbye and next time remember to use either escrow (a third party trusted person) or use a 2 out of 2 multi sig key with the seller.
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if you were really trading in the past 6 months you could have easily made 8x profit from XRP alone. it had a really awesome pump at the start of your investment and because of it the price of XRP went up to 24000 satoshi and that means more than 6x profit if you caught it even midway up to the pump. and a much smaller profit to even losing money if holding it for too long.
6 months ago XRP: 3000 satoshi top of the pump XRP: 24000 satoshi profit from selling on top: 8x (700%) current XRP price: 4000-5000 satoshi profit from holding: 1.3x (33%)
this is true for all the rest of the altcoins in your list by the way.
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so far it only seems to me that people like to talk about the fork rather than the fork really have any effect on anything. and at some point it won't be able to have any effect at all. this i believe is mainly because of the fact that we already had a huge decline in price which lead to this recovery and a strong resistance on the way down which is in fact pushing the price up at this moment.
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this theory was only true temporarily during the downtime of bitcoin where the altcoin market was being pumped to its maximum capacity. by that time bitcoin had a lot of "split FUD" and a lot of drops. (it is a couple of months before OP made this topic actually). other times, when things are normal and the pumping season is over, when bitcoin falls other fall too.
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When is the estimated time of the Bitcoin Gold fork?
October 25 according to their website http://btcgpu.org/And will electrum support the split like they supported bitcoin cash?
Electrum is an open source project and anyone is welcome to fork it and use it for their altcoin. surely someone will do that if there is enough demand and people were willing to run an Electrum server. the Electrum developer will not support altcoins in the main Electrum repository as he has never done it so far. so far your only option is to download the main wallet (bitcoin gold core) which is like bitcoin core a full node. with all the options of latest version. Also is the fork only applicable to bitcoin or also bitcoin cash? Ie if you have 1 btc you will get 1 bitcoin gold, but if you hold 1 bitcoin cash do you also get 1 bitcoin gold or are they now seoerate chains?
as @Denker said above, it is only bitcoin. the airdrops are always with bitcoin
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if you create a coin (a real currency) and restrict it to only one usage, in my opinion you are just limiting your own project. that becomes a token so fast and loses the "currency" part as fast. and we are talking about competition, not just the act of creating the coin. it has to compete with existing currencies (fiat and bitcoin) and be used.
of course you can always create something call it a coin and put some ICO on top of it and make money, but what would be the point of that!
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If there's a natural disaster cutting off electricity for days, trading bitcoin should be least of your worries really. Priorities man.
sorry I meant to say, how does one trade with BTC ie. how does one buy food/water with BTC in such circumstances if BTC is the most preferred currency for trade (like Venezuela) you do the same thing as you do when you have no electricity and a POS machine and want to accept credit cards! it is really the same thing. we are living in a modern age and we rely on these modern stuff like electricity and even internet to be able to function well. if electricity goes out the shop only accepts cash so you can't purchase anything unless you are carrying cash around, and who does that these days ? eh?
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the best thing in times like this is to wait and see. you can not give any opinion right now. i am not sure how this fork is going to be, but surely there will be some "signalling" period. by then everything will become crystal clear. you can see how much of the hashrate is supporting what and then you also look at how much of community is supporting what. if a good high percentage was on one side (like SegWit vs BCH) the joke coin will be clear. if it is not a high percentage then you can't really decide, you will have to wait and see which chain survives and which chain has the higher price and utility. but no matter what, it is best to claim the other coins to have the extra money.
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first bitcoin has to gain a much more stable price. second it has to be adopted by a very large percentage of the world and be known by everyone. finally gold has to become obsolete so that people want to look for an alternative! (not necessarily in this order)
then bitcoin can become kind of a reference for measuring value.
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When are altcoins going to go up again?
when they really bottom out. right now most altcoins are still in big bubbles despite their prices dropping (seemingly) hard. these need to really burst and the price needs to go down to the normal price levels which is in balance with their real demand. by then you can expect "recovery" and until then you can only expect "dead cat bounce". Bitcoin goes up. Shouldn't that help them recover?
no, if anything that will push them further down. because when bitcoin rises the traders may even leave the altcoin market to buy more bitcoin before it is too late.
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Quite frankly with the advent of bitcoins new cryptocurrencies are being introduced day by day. that could be a potential reason of decrease in value of bitcoins because the crowd that bitcoins would have generated in terms of demand is now divided into small segments.
i disagree. the new cryptocurrencies that are being created only have the name of a currency but they never are used as one ever. this means they are just tokens which can even be considered virtual. and that makes them very different from bitcoin and consequently they can not have any effects on bitcoin and its price. people often call the altcoin market as penny stocks market. there is a perfectly good reason for that which can also prove your theory is wrong.
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no amount of TA can predict bitcoin at this point, which means your chart is completely meaningless.
everything will depend on the upcoming fork and how the community reacts to it. pretty soon we will see an increased amount of "interest" in the fork coming from a lot of "brand new accounts" like always 90% of them are fake and spreading FUD. depending on how things go the price can get pretty wild. it may drop but it won't be because your "chart" said so. it will be because people may panic once again because of FUD.
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send the btc to kraken before the fork if you dont want to deal with wallets and they'll credit you
Are you sure Kraken will support Bgold? I haven't found any information announcement about that.Neither from Kraken nor from the Bgold team. Shapeshift perhaps or something similar? Still we have to see which wallet will support it. i don't think Shapeshit is going to list it, at least not for many months. if you want to dump it and get bitcoin you need to use an exchange that will list this coin. so far there is none that i know of which plans on adding it. but you can count on Yobit because they are a terrible exchange which will add any random altcoin they can get their hands on.
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why should bitcoin gold even affect bitcoin? is it just because of the name? do you think if they called it goldcoin it wouldn't have mattered? because it is an altcoin with a big ICO in the start of it.
and it is a pointless effort in my opinion too because there is no such thing as ASIC resistance really and when the price of it declines the difficulty will decline too since mining will be unprofitable and with that GPU mining will become an option again without even changing anything!
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the "support" for ethereum is mostly like cult followers who just follow the social media and the hype that gives them. and when it disappears as they stop paying the shills the cult followers will also stop "supporting" this coin.
i also expect after the mining has ended in October(?) there will be a lot less "support" for it as many will leave it behind.
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How did people claim it last time? Thought private key was suppose to be, well, private.
it is still "private" and should always remain private. but private means you are the only person having access to it not anyone else. like having an account on Coinbase as your bitcoin wallet, you won't be having any access to private keys that way. the way people claimed BCH was either depositing their bitcoin on exchanges like bittrex prior to the fork so that bittrex and others give them the BCH tokens automatically (this is risky though). or they waited for the fork to happen, then downloaded one of the BCH wallets, imported their private keys in that and claimed their tokens.
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Seems the acceptance of google and amazon flares up Bitcoin to become more bullish. The current atmosphere supports the uptrend of Bitcoin, even news about FUD had already silenced. Then the upcoming implementation Bitcoin network upgrade seems to be the steroid for Bullish Bitcoin. With these things currently roaming around the Bitcoin Atmosphere, we might see series of ATH breaking event this next days.
Amazon is not accepting bitcoins, this rumor is based on air and nothing else. The day Amazon accepts bitcoin is the day we all become rich, but it is not happening anytime soon. you are not going to become rich just because Amazon started accepting bitcoin. the price may rise but it won't be a gigantic one because these types of things don't magically create additional demand in short term. the rise will be the result of good news and the already existing demand buying more. the effect of Amazon and others like it, are only in the long term and a slow rise up as the adoption grows slowly too.
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I heard in the last split people who had BTC got free BTC CASH. How does one get BTC Gold when it splits?
from what information that their team released so far, things will be exactly the same with some minor differences. so you just have to hold the private keys of your bitcoins in order to be able to claim the new airdrops. if they add a replay protection things will be very easy. if not you will have to take additional steps to claim it. in any case wait until they release better and more information, then it will be clear. so far their website has nothing on it except a date! PS - Im pretty sure i posted this earlier but cant find it anywhere, are we allowed to talk about BTC Gold?
sure, there is nothing wrong with that. although it is best to always use the search first before jumping to creating a new topic. and since it is an altcoin, the topics belong to the altcoin board.
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this is what i have always been afraid of, big players like these from Wall Street getting involved with bitcoin. i am afraid they may ruin many things by entering the market. the best case scenario is that the price rise is going to be speeded up and that makes it harder for me to buy more bitcoins and reach my desired target.
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being mineable doesn't make the coin "solid" just as not being mineable doesn't make the coin scam, in my opinion.
it is all in the distribution model they choose. it can be through mining reward with a good rate and create a nice growth like bitcoin. or it can be a bad distribution with large rewards and no cap,... and put the coin on a never ending downward trend like Doge. or it can even be PoS rewards, or premine but distribute 100% of it although this last one is hard.
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