AlcoHoDL
Legendary
Online
Activity: 2450
Merit: 4456
Addicted to HoDLing!
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December 21, 2017, 08:22:02 PM Last edit: December 21, 2017, 08:35:20 PM by AlcoHoDL |
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It's an interesting dilemma. Anyone with under a couple hundred bucks in Bitcoin is suddenly helpless to spend it.
This is interesting indeed. Lemme get my TREZOR out to check... (secretly opens vault using combination from body-embedded RFID chip, takes TREZOR Slave Device #17, plugs to PC) OK, I've just checked it: High Fee:Expected confirmation time: 20 minutes Fee: 24.30 USDNormal Fee:Expected confirmation time: 1 hour Fee: 23.10 USDEconomy Fee:Expected confirmation time: 5 hours 30 minutes Fee: 14.13 USDLow Fee:Expected confirmation time: 2 days 8 hours 10 minutes Fee: 2.70 USDNot great, certainly not coffee-capable, but not as bad as triple-digit fees... Also, on that TREZOR, the INPUTS are few and very large, so that helps lower the fees. Oh, I forgot to mention that this transaction is to a SegWit address!
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TruBitMil
Newbie
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Activity: 30
Merit: 0
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December 21, 2017, 08:23:07 PM |
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Well at least you guys are giving me a good laugh Thanks
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Gab0
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December 21, 2017, 08:25:09 PM |
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Fees Up / Price Down so only "the rich" can cash-out if they want? If you listen to this debate posted yesterday. You will hear a Core member telling you Bitcoin is working well for institutions and large investors. This is not FUD it is a fact in the interview. The Debate Within Bitcoin: Jameson Lopp vs. Roger Ver on Bitcoin and Bitcoin Cash https://www.youtube.com/watch?v=jEBkdCdj4FQBitcoin for people unbanked of the world?, fuck off. Bitcoin is the new decentralized toy for the oligarchy.
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Rosewater Foundation
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December 21, 2017, 08:25:44 PM |
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It's an interesting dilemma. Anyone with under a couple hundred bucks in Bitcoin is suddenly helpless to spend it.
This is interesting indeed. Lemme get my TREZOR out to check... (secretly opens vault using combination from body-embedded RFID chip, takes TREZOR Slave Device #17, plugs to PC) OK, I've just checked it: High Fee:Expected confirmation time: 20 minutes Fee: 24.30 USDNormal Fee:Expected confirmation time: 1 hour Fee: 23.10 USDEconomy Fee:Expected confirmation time: 5 hours 30 minutes Fee: 14.13 USDLow Fee:Expected confirmation time: 2 days 8 hours 10 minutes Fee: 2.70 USDNot great, but not as bad as triple-digit fees... Electrum high fee is over a hundred bucks.
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AlcoHoDL
Legendary
Online
Activity: 2450
Merit: 4456
Addicted to HoDLing!
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December 21, 2017, 08:29:55 PM |
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It's an interesting dilemma. Anyone with under a couple hundred bucks in Bitcoin is suddenly helpless to spend it.
This is interesting indeed. Lemme get my TREZOR out to check... (secretly opens vault using combination from body-embedded RFID chip, takes TREZOR Slave Device #17, plugs to PC) OK, I've just checked it: High Fee:Expected confirmation time: 20 minutes Fee: 24.30 USDNormal Fee:Expected confirmation time: 1 hour Fee: 23.10 USDEconomy Fee:Expected confirmation time: 5 hours 30 minutes Fee: 14.13 USDLow Fee:Expected confirmation time: 2 days 8 hours 10 minutes Fee: 2.70 USDNot great, but not as bad as triple-digit fees... Electrum high fee is over a hundred bucks. Forgot to mention that this transaction is to a SegWit address! Edited my post to include this.
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jojo69
Legendary
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Activity: 3248
Merit: 4447
diamond-handed zealot
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December 21, 2017, 08:30:33 PM |
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oh hey those are nice...festive
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AlcoHoDL
Legendary
Online
Activity: 2450
Merit: 4456
Addicted to HoDLing!
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December 21, 2017, 08:32:19 PM |
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They're cute, but I disabled them because they were slowing down my old PC... Too poor to upgrade. Especially now...
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OWZ1337
Member
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Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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December 21, 2017, 08:36:04 PM |
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oh hey those are nice...festive BYTECASH huge steroidal gorillas are loose :-D weeeee https://poloniex.com/exchange#btc_bcn
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Peter R
Legendary
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Activity: 1162
Merit: 1007
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December 21, 2017, 08:36:22 PM |
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Any vets out there caring to calm my nerves with some words of wisdom?
The market is waking up the fact that BTC is digital gold designed to be held and not spent -- that high fees and transaction friction are a feature and not a bug. The market may reprice BTC as a result. My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.
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European Central Bank
Legendary
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Activity: 1288
Merit: 1087
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December 21, 2017, 08:38:22 PM |
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My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.
you sure your advice isn't coming from an ever so slightly different angle? just curious.
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RejectedBanana
Sr. Member
Offline
Activity: 406
Merit: 551
I am a banana.
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December 21, 2017, 08:39:21 PM |
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NICE. Instant classic: https://youtu.be/UG7zLhEWancRemy - Bitcoin Billionaire "Opposing forks like a Chinese restaurant" haha
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BTCMILLIONAIRE
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December 21, 2017, 08:41:27 PM |
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This ain't even about Ver anymore. The corporate community is coming together in perfect harmony to bamboozle people into BCH. This will ultimately decide if people learned from history or if the masses are still brainded morons who will happily bend over for a single bone before they get boned.
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BTCMILLIONAIRE
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December 21, 2017, 08:43:24 PM |
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Any vets out there caring to calm my nerves with some words of wisdom?
The market is waking up the fact that BTC is digital gold designed to be held and not spent -- that high fees and transaction friction are a feature and not a bug. The market may reprice BTC as a result. My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold. Don't hold BCH. Peter is a shill. And not even a good one.
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mymenace
Legendary
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Activity: 1596
Merit: 1061
Smile
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December 21, 2017, 08:46:23 PM |
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Any vets out there caring to calm my nerves with some words of wisdom?
The market is waking up the fact that BTC is digital gold designed to be held and not spent -- that high fees and transaction friction are a feature and not a bug. The market may reprice BTC as a result. My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold. Don't hold BCH. Peter is a shill. And not even a good one. Bcash insider trading on coinbase causes fear in btc market Bcash shills try to crash btc Hold All let the blood run
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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December 21, 2017, 08:48:32 PM |
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The EDA worked exactly as intended, allowing Bcash to be pre-mined under everyone’s noses.
No. The commonly accepted definition for 'premine' includes exclusive access to mining by permissioned parties only. The Bitcoin Cash mining was always completely open. Why don't you shill for bglod for a while. Do us all a solid. Before Bglod launched, I announced thusly: 'and Bitcoin Gold can just fuck off'. For all your fancy talk...You really have nothing to say. Other than correcting misinformation, you mean?
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nikauforest
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December 21, 2017, 08:50:30 PM |
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My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.
you sure your advice isn't coming from an ever so slightly different angle? just curious. I think this is good advice 1 BCH for every 1 BTC.
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Rosewater Foundation
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December 21, 2017, 08:54:13 PM |
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Any vets out there caring to calm my nerves with some words of wisdom?
The market is waking up the fact that BTC is digital gold designed to be held and not spent -- that high fees and transaction friction are a feature and not a bug. The market may reprice BTC as a result. My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold. Don't hold BCH. Peter is a shill. And not even a good one. One of the architects of the bamboozle. The shilling is left to Jbear, because he talks fancy.
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BTCMILLIONAIRE
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December 21, 2017, 08:56:17 PM |
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My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.
you sure your advice isn't coming from an ever so slightly different angle? just curious. I think this is good advice 1 BCH for every 1 BTC. Maybe if you don't understand what is happening.
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ragnar0k
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December 21, 2017, 08:56:48 PM |
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My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.
you sure your advice isn't coming from an ever so slightly different angle? just curious. I think this is good advice 1 BCH for every 1 BTC. You can be out of the market in a second! I sold a little tiny bit though (like, 1%), just to enjoy the holidays without panic watching blockfolio every 2 secs
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