|
1924
|
Economy / Speculation / Re: BTC, BCH or BTG short time buy in
|
on: November 12, 2017, 09:02:18 PM
|
|
They didnt release a wallet.
I checked their site today. There was a countdown to a "release", that was to be today. The countdown ended and nothing happened, no QT wallet appeared to claim the coins.
There are only android and java wallets. This is not safe to use.
Unless they release a QT wallet, theres no way to retrieve those forked coins.
Their futures value had a significant fall. It was around $420 yesterday, now its around $280. Coin is not tradeable in most exchanges.
|
|
|
|
|
1931
|
Alternate cryptocurrencies / Speculation (Altcoins) / Litecoin should rise amidst this civil war
|
on: November 12, 2017, 01:52:44 PM
|
|
We all know BCH have no future as is highly centralized, and BTC is stagnated due to the scalling discussion.
LTC already have the implementations of BTC and, tech-wise, is always at the front. It already have atomic swap, and can scale more easily as there are less people using it, so the network is not congested.
LTC is also considered as "virtual silver", whereas BTC is "virtual gold". If you study the history of currency, you will see that silver was most used for minting physical coins in the past. Silver was used in daily exchanges and the value of the coins was according to its purity. Gold was kept in reserve and was only for high values. It was more expensive to transport too, as it was prone to theft, requiring more security.
As we can see now, BTC cost much more than LTC, and is more expensive to move due to its high fees, hence it can only be used to buy expensive things.
LTC should rise amidst this dispute between BTC and BCH. BCH dont have any of the new implementations, dont have SegWit, and it have big blocks instead, which might centralize the nodes on servers, thus defeating the purpose of a P2P decentralized currency.
Why not LTC to go forward and become better than bitcoin, as a way of payment, and have its own ATMs around the world? Why not expanding its network to business and startups? Why not become like the silver in the middle ages, a currency that can be used daily, not just a store of value? Let BTC have the sole purpose of a store of value, its gold anyway, virtual gold, something you kept in a safe, something you hodl until you need it, to buy big, expensive stuff.
LTC should go to a hundred dollars so that it can do what bitcoin cannot right now. LTC should take the crown and show what virtual silver is, the currency of the streets.
Tell me what do you think.
|
|
|
|
|
1932
|
Economy / Speculation / Re: BTC, BCH or BTG short time buy in
|
on: November 12, 2017, 01:27:09 PM
|
Is there a fork coin coming out of bch? I think i will invest more into btc right before the bch fork and hope bch money will flow back to btc in about 7 hours
Yes, BCH will fork and there will be a BCH Classic, according to Jihan Wu. This is only the first fork, we can expect a lot of BCH versions in the future. |
|
|
|
|
1933
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: November 12, 2017, 01:23:41 PM
|
|
Actually I think this BTC/BCH drama is concerted between the involved parties to escalate conflict and take us off the boredom of a constant bullish run. The miners switch networks to provoke a correction, to ensure the bulls can rest a little.
BCH was created with the sole purpose of creating FUD, to tremble weak hands. Its a whale business.
It was the same with the China ban before. PBOC bought some bitcoins, and now China wants the exchanges back.
|
|
|
|
|
1940
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: November 11, 2017, 09:17:19 PM
|
this is a pr disaster. some kids on reddit heard BCH is the real BTC and lost all their cash coins in a Bitcoin address.
but which will be the real fake bitcoin? @JihanWu 20m20 minutes ago There is more and more threatening that BCH's hard fork upgrade will have spin-off(s) by some parties. It is said that they will creat "BCH Classic". I think exchanges should be prepared and not losing spin-off coins. Your customers may want to sell it(them) to have more BCH. 41 replies 32 retweets 71 likes ForkClassic this is great  weee Good God! Are they going to give birth to a new coin every time they want to do a software upgrade? What's next? Monetizing testnet coins too?  Bitcoin Cash Classic. Bitcoin Cash Ultra. Bitcoin Cash Plus. Bitcoin Cash Classic Plus. Bitcoin Cash SegWit. Bitcoin Cash S2X. Bitcoin Cash Titan. Bitcoin Cash Ultimate.  |
|
|
|
|
Show Posts
