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  1. #181
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    Quote Originally Posted by TheGooner View Post
    Except of course no-one wants BCH. No-one is transacting in it.

    BCH blocks are small and empty - which is funny because they're positioned as "big blockers".
    Nothing more than 200 transactions per block - frquenlty below 100 transactions.
    https://blockchair.com/bitcoin-cash/blocks
    Hmm. I didn't know that. I had this idea that they where grinding out significantly more transactions per second.

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  3. #182
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    Quote Originally Posted by universal4 View Post
    .....

    side note: I suggested a few years ago that the IRS would work toward trying to force exchanges to follow KYC rules and regs, as well as suggesting that any that co-operated with them would be given more leeway in doing business in the US. That filing shay linked to shows it to be a correct assumption.
    Oh yes, I always had the same understanding. I always assumed that the gov will know or eventually know the details of the exchanges. I am actually surprised that they haven't tightenned up the requirements in the exchanges yet. It's a matter of time. In a few years we will look back and talk about how we could convert btc into fiat without strict controls.

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  5. #183
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    Quote Originally Posted by WagerX View Post
    Oh yes, I always had the same understanding. I always assumed that the gov will know or eventually know the details of the exchanges. I am actually surprised that they haven't tightenned up the requirements in the exchanges yet. It's a matter of time. In a few years we will look back and talk about how we could convert btc into fiat without strict controls.
    This may be true, but once you have your bitcoin, it's your job to make sure they can't follow it.

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  7. #184
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    Quote Originally Posted by WagerX View Post
    Hmm. I didn't know that. I had this idea that they where grinding out significantly more transactions per second.
    This stunned me. Like I thought it was absolutely obvious to everyone.


    -----

    The idea is that we will have to convert less and less money to fiat. Like I am partially being paid in btc and I pay other people in btc.

    And who pays me (affiliates) now also get btc. And my employees at least partially spend some bitcoins without converting them (for drugs and in computer shop). I also pay with btc up and there where it makes sense (is cheaper or I want anonymity) So it is like a crystallization core of future payments.

    Less and less btc has to be converted to btc. In those early stages the adoption curve is very flat so people think there is no adoption at all (but at least we see there are real payments through bitcoins for non-speculations), but of course as time goes on, it has to be steeper and steeper. The current surge of price is at least partially betting that this adoption will occur.
    We are all bloodsucking ticks, hungry, devious
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    when the last and the first latch on it can be shown
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  9. #185
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    Bitcoin is getting more attention in the major tv new and newspapers in the recent months. Japan says it is a currency.
    commission arrives thanks

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  11. #186
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  13. #187
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    I'm sticking to bitcoin for now... giving time to Bitcoin cash to grow a bit.

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  15. #188
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    [QUOTE=Book of Ra pPortal;873130]I'm sticking to bitcoin for now... giving time to Bitcoin cash to grow a bit.

    Absolutely spot on! I'm also going to be sticking with only Bitcoin for the time being...

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  17. #189
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    Quote Originally Posted by Book of Ra pPortal View Post
    I'm sticking to bitcoin for now... giving time to Bitcoin cash to grow a bit
    are you aware you give 4.5 stars to scammers?
    We are all bloodsucking ticks, hungry, devious
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    ass-blood sucked by the first from the last is his own

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  19. #190
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    Quote Originally Posted by Sherlock View Post
    are you aware you give 4.5 stars to scammers?
    1xbet...Jackpotcity...Futurity...

    Oh nice,a copyright protected domain..let's see what I can do...

    Regards

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  21. #191
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    Heard that Bcash is coming out with a debit card. Quick transactions with a low cost will attract the main stream for spending. Quite literally "bitcoin cash' in the sense of spending. Looking forward to seeing how this pans out.

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  23. #192
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    I am late to the Bitcoin Party however i have decided that i will be investing in it. I was reading a summary of the the benefits and disadvantages and maybe, it's wishful thinking for me, but I figure as long as bitcoin can scale reasonably well... it will be fine. As long as we are making progress we don't need all the answers right now. It's sought of like how the Internet, has to constantly scale to meet it's demands. Although, i must say that there is research into confidential transactions which would improve Bitcoin's privacy.

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  25. #193
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    Quote Originally Posted by Geomet View Post
    I am late to the Bitcoin Party however i have decided that i will be investing in it. I was reading a summary of the the benefits and disadvantages and maybe, it's wishful thinking for me, but I figure as long as bitcoin can scale reasonably well... it will be fine. As long as we are making progress we don't need all the answers right now. It's sought of like how the Internet, has to constantly scale to meet it's demands. Although, i must say that there is research into confidential transactions which would improve Bitcoin's privacy.
    Hey, no worries at all there, Geomet. You're better off late than never! Welcome to the party!


    Sent from my iPhone using Tapatalk

  26. #194
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    Been away for a month. so what's the current status with Bitcoin cash.

    I've sold mine sometime ago - should i trade some of the BTC to BCH as a safety method?
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  27. #195
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    Buy high, sell low?
    Now BCH is on hype, BTC is ****** up with mempool. Not the best time to buy BCH now. I will do opposite at 0.35 and higher.
    BTC problems will not be resolved anytime soon, so alts will flourish now.
    We are all bloodsucking ticks, hungry, devious
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    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

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  29. #196
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    I am reducing most of my altcoins - they went mental in the last 2 weeks with several going 500%+
    Time to take some money off the table.

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  31. #197
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    Liquidated some of my alts yesterday, most notably all my Wagerr which I got for the the cheapest price during the ICO and also a bunch of Siacoin which I had been holding for a while. Only coin i am down on is Dao which I bought, planning to dump post ICO, but i've pretty much written that one off.

  32. #198
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    http://www.independent.co.uk/news/bu...-a8121781.html

    This may effect the latest declines of bitcoin

  33. #199
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    Quote Originally Posted by BestBonusBets View Post
    Heard that Bcash is coming out with a debit card. Quick transactions with a low cost will attract the main stream for spending. Quite literally "bitcoin cash' in the sense of spending. Looking forward to seeing how this pans out.
    FYI, the name "Bcash" is a pejorative to real Bitcoin Cash fans. No joke!

    The Bitcoin Cash Visa announcement was made by Roger Ver: https://twitter.com/rogerkver/status/940253050731679744

    Quote Originally Posted by MMM View Post
    Been away for a month. so what's the current status with Bitcoin cash.

    I've sold mine sometime ago - should i trade some of the BTC to BCH as a safety method?
    I was talking to someone over Skype the other day who lamented selling their BCH after the split. I asked them a couple simple questions, Qs that I had asked myself at the time: "Do you think you are smarter than the market?" "Is diversification of risky asset classes important?" "Do you need the money?"

    Ultimately, my advice, is not to try to pick winners. If a coin splits and you are HODLing said coin, just sell off your holdings in tandem whenever you convert to fiat. Let the market decide which fork is the better. You of course could be right and make bank. But you could also be wrong and lose out. Few of us follow crypto enough to make +EV decisions picking winners! (and many that think they can, are fooling themselves!)
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  34. #200
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    I do not think forks are much different to any alts and they should be handled more or less the same. And I do not think it is wise to own index of all alts. There will be just more alts and more forks and there will be just one winner or few.

    For sure does not make sense to do reckless moves, but one has to make decisions. As always and in everything: it pays off to dig deep; deeper than others. If you have a lot of money in crypto, then spend the time in it. And make decisions. It is not about which coin is the good or best, but which one is the most undervalued and has enough liquidity for your bankroll. Holding all forks make no sense. Also selling them all as a rule of thumb makes no sense at all. I sold for example part of bcash at some spikes (missed the best) and bought some alts with those money. I was asking myself: do I rather hold XXXX BCH or equivalent of it in certain altcoin. The decision was the altcoin. I am adjusting it like that.

    There will be tens of bitcoin forks. There is absolutely not set in stone that if BTC fails that then the next coin will be based on Bitcoin (= bitcoin fork). I even think that Bitcoin forks might have disadvantage, because the amount of people who will then lose money with btc will be crazy and there will be a negative association with btc then.

    I agree that outsmarting the market at every corner is impossible. But it is possible to bank on information. Remember Calvin Ayre here few weeks ago. He was strong proponent of BCH. I really do not like BCH. But Calvin supporting BCH means something. He is a good businessman, everybody doing business with bettingpartners must confirm that (sympathies or antipathies aside). He sees things that we do not see. So this stopped me to dump most of my BCH. If price will be good and/or BP will pay in bcash, I will maybe rebuy (even when it will be a loss). Such events occur. Not always, but they do. And those events should force us to put money where we see the value.

    The winning strategy for any market is not to have the winning strategy. Everything has to be adjusted and questioned. It is fun (even when I just had the worst day for my networth in my life today).
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

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