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According to fork.lol the mining profitabily of BCH is ahead of BTC's, so it's understandable that miners are gathering on BCH chain for now. The BCH has better mining profitability yet, despite of BTC has just modified (lowered) it's difficulty (normal planned modification, not emergency like BCH used to do it). But is predicts that in 7 days time the profitabily of BTC will be better again compared to BCH. What I don't like about better BCH profitability is that in this period the BTC mempool is just growing, because the miners are mining BCH blocks, and less BTC...
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Yes, I can relate and I prefer to buy BTC instantly. Aren’t you able to use a credit card to buy instantly through coinbase or similar exchanges? Alternatively, try peer to peer exchanges such as localbitcoin for a quick deal with sellers.
may in his country have no direct access to the purchase of bitcoin. makadariitu he must wait for the bank process. this is the most annoying thing with the bank's work system. otherwise with bitcoins that have unlimited quick access and do not recognize holidays. this is what makes us happy to use bitcoin So it's better to buy a bit more bitcoin, put it into a hardware or paper wallet, and next time when you expect a dip or a smaller flash crash, you just send some coins to exchange and you can trade the waves... Or, you buy some alts, but nowdays the best is to have it in BTC, because none of the alts has the potential of BTC these days... |
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Now many banks have already ceased to ignore the crypto currency and seeing its tremendous support from the public, began to look for ways to approach it and possible methods of using it for profit. Some banks provide services for buying and selling and exchanging crypto currency, in Japan they even try to make a single bank card for crypto currency and ordinary money. I think in the future the range of such services will significantly expand and banks will have to play a significant role in the implementation of the crypto currency in all areas of our lives.
I'm not really sure that this will happen, because banks will implement blockchain based solutions (like bitcoin, but not bitcoin) for the problems bitcoin can solve and banks will sell these blockchain based solutions to their customers. If people will continue to trust banks, and they can choose the banks' inhouse blockchain solutions, they won't think about choosing bitcoin. This is only valid if the mass adoption of bitcoin will be later than the banks' deliver their solutions for the common problems. |
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I would like to whether bitcoin is equivalent to any security in terms of investment? If yes. How it could be considered as a security? What are the measures? What are the main drawbacks of a bitcoin?
In the US, they regulate the cryptocurrencies and the ICOs like commodities (or securities), and they are regulated that way. This is why US people are not allowed to take part in ICOs while other people from the rest of the world are able to join ICOs. (and it's not 100% clear that this is good or bad to US people, as in the past, most of the ICOs were scams). So it's not the same regulation in countries, you need to read about it for yourself. |
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A different and interesting project! looking forward to see it working, and the advantages that it brings for us, average BTC users. I believe we can't make a lot from here, but it might increase passionates for javascript to do new things, which may make the technology evolve even more.
Maybe it could be partnered with Augur.net to have people win pools, with such pools containing millions of members. I suspect that this would be the only way to get enough people interested. No one is going to donate their CPU time in exchange for a Satoshi or two. This (or similar) was in the news some weeks/months before, and if you won't have really high traffic than it doesn't worth the try. Also, some antivirus software are detecting the script as a malicious one, so it will notify the user about the background mining, which is not the best for your reputation... |
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If this is "down"...what will be the word if it is falling at $4000?
...where it should be.
I think exactly the same. We have had 1000% return in a year and it seems that we are “down” because it has fallen some hundreds since last ATH. People who think like OP expect bitcoin to go constantly up and are the first to panic if it goes down, not like now, but for example if it fell to $4000, as you say. In that case, many people would see an opportunity to buy, whereas the others would panic and sell. It's not a real problem, as long as there are a bit more opprotunity buyers then panic sellers... There are so many possible problems that could come up until the mass adoption happens (government regulations, banks returning cashouts via wire transfers to exchanges, etc), that if the price will fall to $4000, most people will not be sure that the way forward is still the up... and this is why the price is still very volatile. Just imagine, a lot of people invested this year, the price was around $2000 or $3000, so they won't care about $4000, but if someone invested at $6000... I would prefer a slower but steady increase instead of the "to the moon"... |
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Cryptocurrency and the personal computers world have started to be united. Parisian manufacturer of the hardware Ledger wallet and the American manufacturer of computer processors Intel want to unite. The companies announced about their cooperation.
Will it be a success? How you think?
[conspiracy theory on] If Intel will give Ledger the chip into the hardware wallet, Intel will set up a backdoor built into the chip in order to control the hardware wallet and gather all Bitcoins of the world  [conspiracy theory off] Well, if it's profitable for both of them, there's no reason why they can't work together in order to improve the wallet. I have a Ledger Nano S, and I really like it, so I hope that users will benefit from this cooperation... |
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Okay thanks. I read some more. I place my bitcoin in usd so it was safe before it surely down.
Why do you think Bitcoin price will go down? In my opinion that's exactly the opposite. Because before today there was a lot of doubt and some people genuinely believed the 2x chain would have been the prevalent, others were doubtful about which chain would have prevailed. Now, that's only Legacy, so I think this will lead to more stability and certainty. Don't look on current correction, it's a sort of physiological one. But in the next days I'm confident price will rise again and hopefully will go over 8k $. There were two kind of people who were waiting for the fork (or a mixture of this two): 1st: Just waiting for the airdrop and want to sell it immediately for a little extra BTC and didn't care much about the background 2nd: Just waiting for the airdrop to have the situation cleared as soon as possible to decide based on the conclusion where to invest The first one was buying BTC in order to maximize the income from the new alt. The second one was hesitating to buy or not, but I think that it was about to wait, not to buy. If the 1st type of people were the majority, the price will fall, because the airdrop (and the extra income) has 'postponed', so they probably will sell BTC. If the 2nd type were the majority, the price can continue to raise. We cannot tell this, but we'll see in a short period of time... |
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The answer is no one choose Bitcoin certainly. Because people always scared of which is illegal. They afraid lose your money, they have to take care family, their children,...
Bitcoin is not illegal (despite of the media and for the news where bitcoin usually appears only when they talk about ransomwares and similar things) yet it's not really regulated, so I won't say it's totally legal, because if something is legal than it's in line with the laws and regulations... So it's something new that has not been regulated yet, but not illegal... |
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B2X initial price is 0!!!!!
NO fork, no coin and BTC wins once again.
Main discussion about this here: https://bitcointalk.org/index.php?topic=2376236.0Also, there's an image about the price:  But nobody will be able to predict BTC price now, it's a kind of unexpected situation now. |
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Dont know why so much bully comments for btc?
When i understand right, btc will drop, as a lot of guys hoped for getting a new coin for free for making huge profits, now a lot of money should get into alts like the past few hours? this trend will stay, when chinese wake up, they will flood alts too i think so? and mistake on my thoughts? I think there is some money which will be switched into fiat, a lot of money for alts and big (short time) losses, before the so called "big fishes" will buy btc the next few month
Sounds right, alts were suffering because everybody were selling them to buy BTC for free forked coins. Now the status quo has changed, so there's no need to buy BTC in a hurry anymore. We will see on the alts if people were buyin BTC mainly for the airdrop (short term investment) or because of the technology (long term investment). I have no idea, so I'll sit back and wait for the dust to settle... |
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Are there any LEGIT sites that offer bitcoins for answering capcha's?
I'm working on a new website with a bitcoin faucet. You can earn bitcoins by solving Capchas. Yes, it will be legit. I will post it on this forum when it's ready. Don't answer if you feel like that. What is the reason (business modell) behind captcha solving sites? Are you selling quality traffic to websites to raise their ranks based on quality traffic (using people who solve the captchas)? I'm just curious, I'm not judging or anything negative, just wanted to ask. |
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I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?
thank you
No dude,people often misunderstand that bitcoin's fake bubble thing is just like that of housing bubble burst which happened before a decade ago. Just because the price is increasing doesn't mean that its a bubble. There might be a contingency of a price crash next year or maybe even this year. This is bitcoin, its volatile,so that in any means ,doesn't prove that its a bubble. So stop getting influenced by misconceptions. +1 this is a crazy growth, but it's a growth not a bubble. Bitcoin is a bit overbought at the moment because people are grabbing it like crazy knowing what impact it will have on the future of banking. This means that its price is higher than it should be if we considered its usage, but price doesn't have to depend only on real life use of an item. Some art pieces are totally useless, yet worth millions. That's for sure, everything worths the amount other people are paying for it. People are paying for bitcoin higher and higher prices now, because they expect further growth in price. Bitcoin should not be a bubble yet, but we should be really careful about governments and regulations, because if some kind of really bad news hits the market, people will expect decrease in price, so that could cause the bubble effect. |
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If you want to buy bitcoin now, you should decide if you want to buy before this fork or after. If you buy before this fork, you will buy at a higher price (and you will get some alts too from the forked coin), but after there will be a correction in price (possibly). If you buy after the fork, you won't have alts to sell, but you can buy at a discounted price (possibly). This is what you should consider now.
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I can understand if the government impose that law for fiat currency. But how the government is going to impose this law on digital currencies. I cant understand this. My point is its impossible for the government to identify persons who are holding cryptocurrencies and this law is not going to workout for cryptocurrencies .
There's no need to cite cryptocurrencies for this regulation. What happens if I pick up my credit card (I don't have, anyway) or debit card and have a line of credit or account balance that exceeds those limits? What is the difference between holding an undeclared cryptocurrency or an account balance? I can easily cash out crypto or use a fiat ATM to withdraw cash from my account balance and spend the cash after... Crossing the border with cryptocurrencies... How will they check if I don't have my seed tattoed on my skin on different parts of my body... |
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As long as you don't need your coins at the time of the fork (or early after it) hardware wallets are fine. If you don't want to sell the forked coins immediately then offline storage is OK.
I'm still thinking about using an exchange, not because of I want to sell the forked coins but thinking about buying some alts because they're really cheap now compared to summer. This is only possible when you have your coins on an exchange. Just be sure to select an exchange that works under pressure too...
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Supporting the ecosystem means circulating it. I think the only problem we'd run into would be if everyone just held onto it, which wouldn't really do anything to benefit anyone. The point of currency is to be circulated
In the time of kings and knights gold was really similar. It was the value holder 'currency' but in the real life it was an asset instead. Currency was silver in the terms of paying for goods and services and it's value was closer to the value of the goods. Gold's value was far higher than the average good's so it was not practical to use it in everyday transactions. Additionally, it was really hard to divide, so it was really impractical. Bitcoin however can be divided into so little fragments that it can handle this kind of task to be a currency, to circulate, and not to be the asset of rich people. But today only a few people have bitcoin, and they're holding it. As soon as the value will increase and much smaller fragments of it would be enough to pay for average goods and services, more and more people will use bitcoin in everyday life, so it won't be the money of rich people only. |
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It's crazy to think that a project started by one person is more valuable than the total money supply of the United Kingdom.
I didn't know that was possible in such a small time, 9 years to reach a value like this is insane.
Congratulations to Sathosi, it must feel great for him to see the outcome of his project.
It's nice to see this. However, I'm still a bit sceptical about the sunny and shiny future, or that this shiny future will be easy to reach... Forks are coming and that could lead to problems (temporarily) and any government could decide in any minute that they ban bitcoin (which will not kill bitcoin but make it's life harder than expected...) |
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Thank you for that coinbase link! So it looks like they will credit us the B2X if it is stored with Coinbase. Is anyone else going to keep theirs stored on Coinbase? Still hesitating about it, greed vs. safety... I would be happy to store the BTC on a 2X friendly exchange, but what happens if the exchange will go offline for a little while and we cannot sell immediately the forked coins, and the price of the 2X will go down quickly (there's no evidence that it will happen like this anyway). And also the future, what if 2X will last a bit longer as the previous forks and we can sell it better in the near future if we hold it a while... in this case an offline or hardware wallet will be better, but nobody knows it. Maybe, I will flip a coin to decide |
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