Maybe it's a bit early to guess, but when do you think we will see a core recommended hard fork? At some point it will be +EV to make a hard fork to even bigger block sizes, and there are also a lot of nice to haves that could be included in such a fork.

Some improvement to fungibility might also be necessary. That's from my point of view though, it would be highly contested by some actors, which is also why I would like to see it as soon as possible. What's your take on that?

Anyone here lend BTC on exchanges? I recently started on Poloniex and have been earning really good rates (~15-20% annualized).

Obviously, it's risky to keep a lot of coins on exchanges, are there any other risks with lending I should be aware of? Thanks.

If there is a chain split you might not get coins on both chains

TC being bullish makes me want to buy the top but surely jihan has at least one more dip left in him before november

BIP91 getting activated is amazing. Couldn't guess that would happen. As far as I understand there are still some possible pitfalls, but it is a strong likelihood that there will be no split, and bitcoin will be improved, and there will be less conflict after Aug. 1. All this means the price will likely go up over $3,000 sometime in the next few weeks. Litecoin's price tripled after segwit was adopted. Even the Goldman Sachs is giving a $3,900 BTC price target (while downgrading the crude oil outlook btw).

BCC trading now:
https://www.viabtc.com

these tulips are getting expensive

How and when can we sell our BCC?

So today you can deposit your 1 BTC, convert it to 1 BTC_frozen and 1 BCC, sell your BCC for 0.16BTC_frozen and soon after 1aug cash out 1.16BTC.

If you don't know what you are doing, not doing anything is probably your safest bet.

Are you going to do that?

I'm def interested, hard to pass up that much free BTC if you have any kind of decent stash..

So I've tried to figure out what seems likely on the first, but WTF is gonna happen on the first?

2x happening now?

Now that miners have stopped spamming the network
And alphabay volume is shut down (and ******s not using 500 sat/byte)

2x is completely unnecessary.


Bring us schnorr signature aggregation

It just seems like there is no chance at all that BTC goes up after the first right?

It may long term but short term (like a week given how BTC is) it seems like it's impossible.

Idk what your question is. No one knows what will happen to price, unless you are kazuya.

The network is about to begin orphaning all blocks that do not signal bip141


Read what TC has written carefully.

Agree no one can know what the price will do on the daily.

I just can't envision how it goes up after the first for a couple of days till the dust settles. As in I can see a scenario where BTC looses a ton of value on the first due to complications or uncertainty of whether or not there is a hard fork.

If someone disagrees I'd like to know the reason why.

Apologies in advance as this question is pretty basic and I'm sure it's been asked before somewhere in this thread...I'm basically a crypto fish

I've heard that coinbase announced publicly that in the event of a fork they will not honor the side chain currency. Am I right in saying this? What does this mean exactly? If the fork does happen on August 1 and BTC does split into a main chain and side chain, what will happen to the BTC of people who hold on coinbase? Will they still be able to own both currencies or will coinbase sort of screw them out owning both? Does it make way more sense to send all my BTC to a wallet or trezor before August 1? It seems way smarter to do this in general for security reasons (from reading through recent posts in this forum), but especially given the August 1 potential?

Also, I'm looking to pay someone here who is considered an expert (or at least very knowledgable) by a lot of you guys about 50 dollars an hour for some skype time where I'll ask you a lot of questions and essentially pick your brain. PM if you're interested and please have others vouch for you that you're indeed very well versed in crypto.

Again, sorry for the fishy nature of my questions! And thanks very much for the help!

Yeah get all your BTC the **** off coinbase ASAP.

They are going to not honor one side of a hard fork from what I understand, even if that side "wins out".

It means that coinbase says **** you some of the time, when others, like electrum, are saying we have your back no matter the outcome.

And yeah in general don't have coins on any exchange that you aren't willing to be screwed out of. Not saying coinbase will, but having your private keys under your control is the best option.

Does anyone have experience with localbitcoin? From what i read about it, many say its legit but many others say its a scam. Also does anyone know what price you should be getting for bitcoin when selling on lbc? Should you be getting around the market rate? Should you be paying some vig... or should you be actually paid a bit of vig? I ask this because it seems like bitcoin is worth more than cash it seems? But back then it was the opposite? And if this is true, couldn't someone in a way arbitrage this by buying bitcoin at an exchange and then sell it immediately to a buyer if the buyer is paying a percentage over the premium? Of course the issue with this is bitcoin fluctuates a lot.


Does anyone know what is the standard rate now for bitcoin for localbitcoin? I took a look at it but of course prices vary. When you look for someone who would pay by cash deposit into bank, they seem to want to buy bitcoin at a discount. There is no buyer it seems who wants to pay a premium. But when you want to buy bitcoin, all the sellers are selling it at a premium. So wouldn't that mean if you are selling bitcoin for a small premium or face value, you probably will have a buyer pretty easily? Of course its hard to make any profit arbitrage if you are only getting 1 or 2 percent at the very max since bitcoin fluctuates very quickly.

Local Bitcoins is not a scam. You can pay for escrow if i remember (never used it, but it's a fairly established business).

About prices, that's what you call a market. Supply and demand. In every location different.

I have around 75% now of my portfolio in some crypto (not BTC), 25% in s&p500 stocks. I sort of don't want to touch my crypto (promised myself this since I don't want to become a trader so needed a strict rule). Would you put a lot of that 25% stocks into BTC in my shoes? Or just try to save some fiat first and put that into it?

Here a bit more about me: http://forumserver.twoplustwo.com/30...folio-1665951/

I pretend you want me to answer (for whatever reason)? I can't tell you whats best for yourself, perhaps you're looking for permission from somebody to do what you wanna do deep down.

With poker, I could tell you what to learn in the most time efficient way. I can tell you how often a check-raise will work on site x at stake y. It's almost a technical question.

For your question, it's a lot more subjective. You need to understand what risk means to you. How important is money, at what point will it make a real difference to you, how your happiness EV will be affected by a big loss and your life goals in general (family etc)...

You can also define for yourself how big your crypto exposure compared to your net worth should be. 75%, 25%,90%, 15%, 100%? And then readjust weekly/monthly

My ledger nano s only arrived today. I bought some bitcoin on kraken a few days ago. Is it too late to move it off to get both coins if a split happens now that something has started signalling something? Or do i still have until August 1st?

75% crypto exposure seems strange to me? Personally I have tried to maintain 10% net worth, but have been persuaded by some arguments in here that I should maybe let it ride a bit more in future.

Asked you because I bought a course once from you (a seminar) and liked it a lot. First I thought I wanted it to be 50% (as you can see in that thread). Then it went up a bit and after that down 66%. I slept just fine so that lets me believe I can handle more swings. Was just curious about your opinion. I realize it is situation dependent hence why I included that other thread.

Your 10% is probably a lot more than my 75%. Also my fixed costs are likely lower etc.