someone please let me know bad things ended or not? I have a small payment, and it has not been done That's bad
The "bad things" will not end unless Segwit is activated by 95% of the miners. This is what I think could happen. Because of the extreme slowness of the network in getting transactions confirmed many people and businesses will start using and accepting the next best coins. That could either be Monero or a Segwit activated Litecoin. Bitcoin's price will go down very low due to some whales dumping. That will make the miners panic and activate Segwit. Core wins.
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Of course it is worth to do trading. But you need to have patience and the knowledge so that you will not lose (well it's a risk) in the long run. Making profit is your goal here but you have to remember that it's not an easy task you also have to invest time as well. So if you have the time and the bitcoin to trade then get your hands on it and try.
yes i also think so that still it is the best time to trade bitcoin, because the price is still trading in a low value as compare it to its potential value. people are no interested to buy bitcoin and those people who already have bitcoin they are not going to sell their bitcoin for any cost. they are waiting for the price to increase more. so i think those people who are going to trade bitcoin in the present time, so they are still in benefit. Before we listen to you can you please post your trades so we can see if you are a winning trader or not? Who are you to say that the "price is still low compared to its potential value"? Are you a Bitcoin expert or an economist? You have said nothing that compels the people to follow your advice.
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Choose recommended fees if you care abiut the confirmation time, but I am mostly sending my money to other wallets that I own and I really don't care about it.. so that's why I am using just 0.0001BTC in fees for all transactions, and they get confirmed in about two days.
Two days? That made me laugh when I read your post. Even if you are sending your Bitcoins to your other wallets it is still not an excuse that it takes 2 days. Are you happy with the state of Bitcoin now? Are you ok that the mempool transaction count keeps going at 60,000? If Segwit does not activate this will be a regular situation.
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Until BTC core devs actually fix it , Check the # of unconfirmed transactions 1st https://blockchain.info/unconfirmed-transactionsIf the number is over 10 thousand then all you can only do is the following: Pay an insanely high BTC fee or Use an alt like LTC or Eth instead (Cheaper & Faster)There are no other options at the present time. There is always a third option, to wait. It will take few hours but it will go through. It is not like we use bitcoin to buy food from grocery shop and need ultra fast confirmations for that. But I agree, something needs to be done about this, this fee war needs to stop. You can't use argument that bitcoin is dirt cheap to transfer anymore. That is still not an excuse sadly. This will not be good for the price and for the long term interest from its own real users. Meaning the buyers and sellers of the dark markets not the buy and holders. That is one of the biggest part of Bitcoin's economy. Alphabay sellers have started accepting XMR, if more dark markets accept it because of the lack of Bitcoins's development in fixing the growing problem of transactions always taking hours to confirm expect no. of users to fall.
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..so nothing is going to be done... STILL? The miners have the power and it is in their hands now. They could go for a soft fork and activate Segwit or agree to do the hard fork and go for Bitcoin Unlimited, Classic or XT. Maybe they are waiting for Chinese developers to make a new implementation and go for that, who knows. Maybe Satoshi should have used a Chinese name instead.
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yes it is still worth it but to get more profit we have to concern for altcoin too not only bitcoin because sometimes bitcoin price movement was very slow and hard to get profit from it but altcoins trading also not really bad because if you found the exact altcoins which have potential to grow with very fast the profit will very good and it works for me all this time
Can you prove that trading is worth it by showing us your trades as proof? I know a lot of the time, most of you are not telling the truth especially when profits in trading are concerned. 90% of "traders" lose money and the winning 10% mostly do not post here on Bitcointalk. So that means a big majority of all of you who said that trading is still worth it are either losers or are not active traders at all.
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Sh*t! It's happening again! We really need to increase that damned block size! I've been waiting for more than 6 hours for a transaction to be confirmed, and I'm shocked to see there are more than 50,000 in the queue. https://blockchain.info/unconfirmed-transactionsWe need SegWit, or an urgent block size increase. For the sake of BTC, something needs to be done, fast! Spam attack. Its proven. What we need is a new brain for you. Welcome on my ignorelist. Segwit is a great tech, because of smart contract abilities. "Segwit because of smart contract abilites"? Do I need a new brain too? Because I did not know Segwit also opens the doors for smart contract implentation for Bitcoin. Maybe it is you who needs a new brain for not doing any research.
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LTC may not be , but at least it is working. Funny, how you BTC shrills call everything fud, instead of working toward a fix. Ever think of getting the issue fixed or are you guys incapable of that. 1 hard fork with a 4 mb blocksize and you would not have to lie and call fud all of the time. That does not change anything, sorry. Bitcoin is still number 1 and will stay there for a very long time. Talk to me again once Litecoin gets past the ponzi scheme stage and develop its own economy like Bitcoin. If you look at the whole cryptocurrency landscape, right now Monero has a better chance of success than Litecoin. Welcome in my ignore list.
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Well here in the Philippines we can buy some bitcoin instantly and we don't need some Identification card, We just have to use the coins.ph wallet and buy some bitcoin using 7/11 then go and show them the code and pay for it.
Actually i have also registered on coins.ph few months ago but it looks like they need Philippine citizenship to get verified or to do any sell/buy so this can't be good option for everyone. @OP cex.io have option to buy bitcoin with credit/debit card.You are not so smart are you? If you buy with your credit card or debit card then the more need for the person to verify his or her identification online, something which the OP is trying to avoid. Before posting anything please try to understand the context of the thread.
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FYI: BTC better learn from what happened to ixcoin, when their large PoW miners dropped off it was only finding a block every few days.
You cannot really think that do you? Bitcoin has already reached critical mass where it already has passed the ponzi scheme stage and it is already entering a stage where it is already has a circular economy. If the big miners drop off that will be a welcome opportunity for the other miners waiting in line to make up for the gap. So it is not really comparable with Ixcoin. It is a security Vulnerability nothing more nothing less, Since BTC only updates their difficulty every 2 weeks, Any of these scenarios could activate the issue that could cause blocks to be found intermittently. 1. Large ASICS manufacturer drives up the Difficulty and then disconnects to cause a crash in BTC price (Shorting the Price of BTC to make money.) 2. Someone physically damages the internet connection of a few of the largest mining Pools at the same time. 3. Natural disasters such as tsunami take out a few large mining pools 4. Hackers or a rogue governments DDOS the largest mining pools for a few days to prevent them from staying in sync with the networkThe Solution so this is not an issue, is simple and the majority of alts have already implemented it , change the code so the difficulty is recalculated per every block instead of every 2 weeks. But BTC core devs are too busy trying to get the altcoin know as LN to take over BTC to fix any onchain security threats. After this post it is hard for me to take you seriously. You are only trolling and spreading FUD especially with you telling everyone to abandon Bitcoin and hold Litecoin instead in a post right after this. You have exposed your hidden and real motivation for doing so. FYI: If you need to transfer fast , either pay an insanely High BTC Fee or just use LTC instead. LTC is faster & cheaper with none of these headaches.
You are funny. Litecoin will never be as big as Bitcoin. You are getting desperate.
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The FUD due to the Chinese regulatory agencies on exchanges proved to be something temporary, just as I was speculating a few days ago. In the end, this is something that has no impact on most people who use and trade Bitcoin, because there are few who use bots in comparison to the number of ordinary users.
I agree with you. There is very minimal impact in reality. I read an article on Coindesk that said many traders are switching to trading stocks because of the removal of the trading fees by the Chinese exchanges. I call it a crock of crap. We all know that the Chinese exchanges create their own fake volume by buying and selling with themselves. With that gone nothing really happened.
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I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?
In my opinion , It is to be better to do trading instead of doing nothing , because day by day people are exiting from trading but less numbers of people are entering in the bitcoin , So making deals , means buy/sell altcoins speedly , became slow . Because the reason , that trading is much legit way to make money than other ways , So I will still prefer trading is good and best and also will remain best . It may be possible that profit in trading became low and slow but earning profit is sure . Before you say such things and appear dull witted. You should consider who you are giving the advice to. If you give this advice to a person who does not know how to trade well, that is almost everyone in this forum then it would be better for "almost everyone" here to do nothing instead of continuing losing their Bitcoins in the exchanges.
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There is full of empty replies in this thread. It all depends on how good you are in trading. I know that most of the people here that said yes are mostly losing traders and are not part of the top 10% of winning traders. So who are you to say that it is worth it?
Talking about volatility, when it is low it is the best time to buy because the prices are more stable. If you are a day trader and prefer more volatility then adapt with what the market is doing. Day trading is less profitable in the current condition of the market.
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The market is very fickle. The minute the OP decided to "cashout" the market thought to spite him and show everyone that the rise to above $1000 is not over yet. So what now to those who decided to hold fiat? Did you get back in or are you getting jittery again because you think you might be left behind again?
The best strategy for Bitcoin is "buy the dips".
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FYI: BTC better learn from what happened to ixcoin, when their large PoW miners dropped off it was only finding a block every few days.
You cannot really think that do you? Bitcoin has already reached critical mass where it already has passed the ponzi scheme stage and it is already entering a stage where it is already has a circular economy. If the big miners drop off that will be a welcome ooportunity for the other miners waiting in line to make up for the gap. So it is not really comparable with Ixcoin.
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I have been to a lot of different sites that claim to let you buy bitcoin instantly. Yet they seem to want you to get verified by uploading a passport or drivers license.
Which website can I use to buy bitcoin instantly, using a credit/debit card. And not spend time becoming verified.
You can buy bitcoin without verifying via ATM card/debit card/credit card. Here in my country, you can also buy bitcoin directly without using ATM card, because we have one merchant here who accepted bitcoin which is convenient store outlet that affiliated at coins.ph "PH"? That means that service is based and offered in the Philippines? What if I am in another country? How can someone buy Bitcoin from them? Do they require their customers to upload their ID and proof of address? The safest and most accessible for OP would be a Bitcoin ATM. It is fast and anonymous. But I believe you pay for a higher price than what is offered in the exchanges online.
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But what about those markets that need Bitcoin for it to become efficient. The banks will not touch those markets because of regulatory issues so there is the second best thing. Bitcoin. If you are wondering what markets I am talking about it is the dark markets. There is also an opening market for the ransomware users and victims. Maybe soon the Mexican cartel will learn to use Bitcoin for their ransom demands, that is the organized crime market. Bitcoin cannot be compared to gold or the banking system because what you think it tries to be is not and it changes and evolves depending on who you are talking to or depending on who you see is using it.
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One of the best ways is to use the marketplace of this forum. Many here discourage this because of the possibility of being scammed from both sides from the seller or buyer. I advice to look for trusted users in the forum and always use escrow. Most of them are free and are willing to help you.
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The more I try to understand BU the more it becomes very confusing for me. There are 3 nodes with 3 different settings. 1 type of node both the miners and full node operators can have, the other one is only for the miners and the last one only for the node operators? All of each have different settings. There was an article about it at Bitcoinmagazine, I will read it again later but it would be nice for its supporters to start an educational campaign about it to make us in the middle understand.
For me if there really is a need for a hard fork why not go for the 2mb blocksize of Bitcoin Classic?
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Everything is fine now. Can anyone give a report what really happened? kiklio mentioned that it was not a small fee issue but a miners not finding a block issue. It would be nice if someone who knows the more technical side of Bitcoin to explain what causes a no block found issue and if there is a fix for that.
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