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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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Gss2k
post Nov 12 2017, 03:05 PM

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QUOTE(yamasakai @ Nov 12 2017, 02:44 PM)
xD Sorry! Don't know stuffs but i was just assuming it was almost the same with the initial fork and miners swapping between BTC and BCH due to difficulty setting.

If thats the case, won't it be better for you to mine other profitable coins and then exchange to the coin that you want instead? I have a few miner friends and they keep swapping between a few different coins, depending on profitability.
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https://whattomine.com/asic. For years btc was never number 1. Always top 10 or top 20 only.
Gss2k
post Nov 12 2017, 03:09 PM

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QUOTE(Doomsday @ Nov 12 2017, 03:05 PM)
huh how to determine megawhales?  hmm.gif
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To be a whale, u need to have 5000 btc.
Gss2k
post Nov 12 2017, 03:40 PM

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QUOTE(terradrive @ Nov 12 2017, 03:36 PM)
Big miners manipulation hashing power to force bitcoin transactions to be slow until difficulty adjustments arrive.

If only the devs change it GPU or CPU only mining then the big miners can't manipulate btc again.
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they should soo hard fork. that will increase the price again. rclxm9.gif
Gss2k
post Nov 12 2017, 11:02 PM

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QUOTE(yokoloco @ Nov 12 2017, 10:43 PM)
according to reddit, its the bch ppl doing microtransaction sending 4usd worth of bitcoin here and there to push up the unconfirmed transactions, while hashrate is going for BCH.

the takeover is real. but i think it will fail
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No la where got, it is people in lowyat sending money from luno to bittrex that is causing the problem. Anyway, BTC has 4.4k Ph/s and BCH has 6.2 Ph/s. That is why it is slow, normally btc do 6 blocks per hour now it is just 2. It will take 2 - 6 weeks for btc to adjust the difficulty at this rate. If hash rate drops further, it could take 2 -3 months to change difficulty and transaction will be halted. That is how u destroy bitcoin.
Gss2k
post Nov 14 2017, 09:37 AM

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QUOTE(kembayang @ Nov 14 2017, 09:25 AM)
Is this the right time to pump in money for BTC after the surge drop?
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i think segwit2x could still happen because u only need 1 miner to make it happen. So btc pumping up again i guess. (not betting on it though)
Gss2k
post Nov 14 2017, 10:44 AM

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QUOTE(shahrul09 @ Nov 14 2017, 10:36 AM)
You should do your own diligent.
Bancor Protocol is a long term project. And their price discovery formula doesn’t really mesra pump and dump, it won’t moon suddenly.

The formula they use causing the price to stabilise and increase according to their token total supply. ( yes their concept is opposite with normal crypto demand and supply and scarcity make price increase)
Bancor price increase when more token  being bought and created (yes it have unlimited token number that will be created when user bought directly through their app and get destroyed when user sell it)
https://app.bancor.network
So it will only moon when the product become successful and more user buy the token
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They probably could finish the project with $10m. Raising $150m is a joke,they just going to waste it considering it is not even equity.
Gss2k
post Nov 14 2017, 12:31 PM

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QUOTE(shahrul09 @ Nov 14 2017, 12:12 PM)
It is a new thing. Kinda like a decentralised exchanges .

We cant really predict what this crypto market will react to. It is weird and controlled by whale.
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Honestly if they did their ico now, they will only get like $20mil or something. Too me, if they make investor loose money in their ico, they are not professional to begin with. They did not follow standard practice in crypto and set their own rules. Same with Tezos, uncap ico.

In any case, the tech is complicated, i am sure most people dont understand it. No limit buys and limit sell, just trade vs them. Could work, did u try to use it though? how does it feel?



Gss2k
post Nov 17 2017, 08:14 AM

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Is the cme futures thing confirm? i though US regulators reject bitcoin etf thing earlier in the year and now they are like oh, btc is 7k now, therefore futures is ok.

This post has been edited by Gss2k: Nov 17 2017, 08:14 AM
Gss2k
post Nov 17 2017, 08:47 AM

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QUOTE(blueblueoutofblue @ Nov 17 2017, 08:34 AM)
It's quite funny how these bch worshiper want to try make bch the real Bitcoin chain, whilst they don't even know the one who fck them upside down was none other then Roger and jihan..
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I think Roger sold all his bitcoin already.(said in his twitter, he had like 50k btc) Too bad since he was huge years back when nobody believe in bitcoin and people like me are too afraid to talk about btc with my friends because people will just say ponzi. He invested in alot of the early infrastructure like wallets/exchanges etc when there was hardly any users and paid for alot of advertisements with his own money. Even back then btc was heavily associated to dark markets and illegal activities so people dont like. Now i think dark markets dont use btc anymore because of the fees. He will be fine with BCH because he will do the same.

ps, u want to know which is the first country that legalized btc? Japan the country that he reside in and he have helped thousands of business and vending machine to accepts btc as payment. I dont think they use btc for payments anymore.

This post has been edited by Gss2k: Nov 17 2017, 09:11 AM
Gss2k
post Nov 17 2017, 10:28 AM

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QUOTE(CE|C93 @ Nov 17 2017, 10:20 AM)
The futures will settle in cash thus no real Bitcoin is involved for settlement.

That being said, this allow institutional investors (or speculators) to have exposure in this bull run mania without having to worry about security and safety.
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If it is confirm then i will hold btc.

i just scared suddenly rejected then price drop 20% or something stupid. mega_shok.gif
Gss2k
post Nov 17 2017, 12:29 PM

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QUOTE(alpha33 @ Nov 17 2017, 12:17 PM)
Hold until when?
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people sell at top u buy at top
Gss2k
post Nov 17 2017, 08:53 PM

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QUOTE(yokoloco @ Nov 17 2017, 08:27 PM)
imo, just another alt coin. run by Roger Ver and Jihan Wu.
their only strategy is to dupe new ppl coming into BTC, because Roger Ver owns www.bitcoin.com
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And btc strategy is to tell everyone it is store of value. Dont sell it, dont use it, just buy at all time high and hodl because it will be $1 mil soon. tongue.gif
Gss2k
post Nov 17 2017, 10:32 PM

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QUOTE(yokoloco @ Nov 17 2017, 10:22 PM)
value is where people believe to be haha. btc also have its brand so there's that lol.
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Explain why u hate roger soo much?
Gss2k
post Nov 17 2017, 11:40 PM

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QUOTE(yokoloco @ Nov 17 2017, 11:00 PM)
from what I have gathered,
Roger Ver probably has the most btc in the market (probably bch as well) and team up together with Jihan Wu (of Bitmain miner group) who has controls probably the most hashrate for BTC miner group, to manipulate the BCH price with a pump and dump.
Bitmain block Segwit on BTC because their ASICBoost exploit doesn't work on it, hence they forked Bitcoin Cash.
this is the coin that is controlled by Roger Ver and Jihan Wu. 

After Segwit2x is called off (allegedly according to their planned attack on BTC) Roger pushed the narrative that BCH is the real BTC and attacks BTC price and brand through manipulation and social media. its obvious the weekend price for BCH was manipulated and pumped up.
while it hasn't done any short term damage, this is the type of thing that causes government and regulatory bodies to come down hard on crypto.

to me, its just another alt coin. btc and bch can co-exist together, dont have to attack BTC for his coin to succeed.

be free to correct if I am wrong.
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That pump happen because roger tweeted that he sold all his btc. There was a tread on reddit that he moved all 50k btc he had to buy alts. That triggered a huge pump in korea, He did not only buy bch but he bought others like eth. He was never a bitcoin only guy, he is an investor in other coins as well including zcash and Qtum.

A brief history about him,
He was one of the earliest guy to get into btc, he then become one of the biggest names in btc because he was traveling around promoting it since 2009/2010. He is also an investor in alot of early bitcoin startup like wallets and payment processing for merchants and others when there was very little users. He run bitcoin.com and was an investor in blockcain.info, the wallet with the most users. Back then btc was demonize because it was associated with dark markets but he continue to promote it as a cheap and fast value transfer.

What i notice this year,
His views diverge with core supporters because core wants to move users to lighting and charge fees. For that to happen, fees have to remain high on chain. He wants btc to be used as payment because he invested in alot of business that uses it as payment. Since fees are to high, he now choose to promote BCH.

Future,
Unfortunately i dont think BCH and Lightning network will win because they are still dependent on fees. I have seen so many new tech that replace fees and have high transaction limit and they have the budget to go around conferences to attract business to build on their platform.
eg -
1. eos transaction will be free because it replace fees with inflation
2. Iota replace fees with processing power
3. others etc.

This post has been edited by Gss2k: Nov 18 2017, 02:57 AM
Gss2k
post Nov 19 2017, 12:40 AM

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what is up with neo? china make crypto legal already?
Gss2k
post Nov 19 2017, 10:52 PM

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QUOTE(yokoloco @ Nov 19 2017, 04:45 PM)
eth quietly mooning..
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Why eth moon? i need some for new ico but now expensive. ranting.gif dont moon you.
Gss2k
post Nov 20 2017, 02:46 AM

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QUOTE(Davez89 @ Nov 20 2017, 02:29 AM)
Don't do same amount consistently.. And definitely don't do round figures.. I've done over 6 figures so far no problem
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what is the big deal? just open more bank account. if u apply for credit card u can get a new bank account and u can split your money to different bank. If no job then get a job. i feel like everybody who join crypto last year are jobless already and are scared of lhdn. console.gif

This post has been edited by Gss2k: Nov 20 2017, 03:59 AM
Gss2k
post Nov 21 2017, 03:22 AM

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QUOTE(yamasakai @ Nov 20 2017, 08:09 PM)
So whats does Bollywood and Shah Rukh khan got to do with Crypto?  hmm.gif
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Maybe he will endorse some ico? Bollwood coin? Shah Rukh khan, Bolywood, Shah Rukh khan. laugh.gif
Gss2k
post Nov 21 2017, 06:08 PM

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Just because roger invested u guys all will follow? well the truth is i invested in Qtum ico just because i saw his name and it look like ether. biggrin.gif.
i am going to skip this one. Going big on indahash.
Gss2k
post Nov 22 2017, 06:17 PM

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which country is crypto friendly and ez to migrate? should start planning already.

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