Holey Toledo!!! Dogecoin is through the roof!!!! It's doubled in price since i bought it a few days ago. If you don't believe me, check the charts. my $97.00 investment is now worth $200.00  

Should I sell or hold??

afaik it's set up exactly like bitcoin except that there is a cap, i believe, close to 84 million coins, as where bitcoin is capped at 21 million coins.

HUH???

Exactly! Where are all the etherum backers now??? That's stuff is garbage, for schemers, pumpers, and dumpers. I have been saying it from the beginning, but know, you had clowns on here, claiming it to be, "The New Jack City" or something. ROLMAO!!

When something is on the rise and you think it's going to keep rising you should invest. There is nothing wrong with buying into a crypto currency if you have confidence that it will perform well. I don't have confidence in eth, monero, dash, or zek. I just don't and will not be touching those. I am not going to invest in something I don't believe in. I belive that you are the one that is wrong.

First of all, I only invested $97.00 people. That's not that risky. Who cares if I lose it all, although I don't plan to. I don't know what dogecoin will do honestly.

Litecoin has nearly doubled in price within the last week. I may start investing in that too. It's etherum, dash, monero, and zek that are down.

OH No, I don't know how I can go on....

I'll invest in other alts, I only spent $97.00 for 300,000 doge coins. How could you go wrong?

Doge coins, since it's on the rise, I figured I would make a small investment. What do you guys think?

I am not for either or (seagwit or BU). I am for consensus and harmony among the Bitcoin community. I am for leadership. There should be some mediation, and everyone's voices should be heard, instead of it being a  pissing contest.

Miners need to be paid, otherwise Bitcoin will die. They don't need to get greedy however, because that will kill their business too, if it's too expensive to send coins. If they get too greedy, the market will be flooded with miners as well, and the payouts will be less. Miners have to act responsibly. They need to walk a fine line or it could spell doom for bitcoin, and that would be a shame.

Then seagwit is retarded. I am totally against fundementally changing the blockchain and wallets. Bitcoin has proven itself to work just the way it is. Why don't they just increase mining power, in PH, problem solved??

Understood, but let me ask this question about etherum. Considering that one unit of etherum is needed for one contract, how much can etherum rise in $ amount before it's no longer an economical route for anyone to use for its intended purpose? Isn't the price sort of capped because of this??

Agree 100%, that is, I have been warning, and saying the same thing about the alts. it's schemers with big money, pumping and dumping those currencies because they are so easy to manipulate. It's the little guys that usually get left holding the bag, before they know what hit them.


Also agree 100%. Bitcoin is investing, the rest is trading, dangerously.


And, thank-you, to everyone for making this thread, and the poll a success. I think a picture is being drawn.  

At $1035.00 I would say it's a major bargain. I am buying as much of it as I can.

If or when Bitcoin forks, and both blockchains survive (doubtful), what is likely to happen to the price of BTC? Will it go to half as much, and then BU will make up the other half, or will it stay the same, and you will double your money because of the split? What is likely to happen?

The first thing most programmers do usually before they contemplate in coding anything, is, find out if anyone has solved the problem they want to solve. In this case the answer is yes. There are more than a handful of wallets that are secure.

I don't see a need to code your own wallet, unless you want to do it as a project for the learning experience. The electrum wallet is a great lite wallet, and there are others.

Thank-you guys so much for making this thread / poll a success. Keep the votes and your opinions coming in. It's starting to tell a story.

Bitcoin uses 256 bit encryption to secure the private keys that are required to move BTC from address to address. It is highly improbable, that any computer other than a quantum computer, would be able to come up with a valid private key to be able to move funds in an unauthorized fashion, in a reasonable amount of time.

Having said that, within the last couple of years, there have been advances made in quantum computing. Recently, at a University, a working model with 5 qubits has been achieved.  This new working model is not powerful enough to be able to conduct the calculations necessary to crack 256 bit encryption in our lifetime, however, it is very significant, in that it has allowed scientists to go to the next step in the field of quantum computing.

We don't really know what type of working model the NSA has. A possible sign that a fully working model may be near, is that the NSA recently updated the encryption it uses to something much more secure. Some people in the field of quantum computing believe that a true quantum computer will be developed within the next 5 to 20 years. By then, bitcoin should have completely switched to a quantum cryptography scheme if it's going to survive.

It is possible that all the bitcoin addresses that are currently locked in the blockchain do to the private keys being lost may be recovered by someone with a quantum computer one day.

With proper planning  Bitcoin can survive the advent of quantum computing.

I heard that during the early days of bitcoin, a guy traded 10,000 btc before they were worth anything, for 2 papa johns  pizzas. As far as I am concerned that's a major loss.... I am sure some of you have heard the story.