lol how about "buy the rumor, sell the news"? fit?

Best sites to buy? Coinbase keeps cancelling my orders for some reason

https://www.reddit.com/r/Bitcoin/com...rch_11_if_180/

Well if this is true, that throws a ton of uncertainty into the market. Now how is the market suppose to react after March 11th if there is no word. If anything keeps this thing from being approved it's the whole bitcoin doesn't know what the ****s going on and possible chain splitting and what not.

I was wondering how this was going to work on a saturday.

Well this week should be interesting

All geared up for an epic week. Gonna be such a damn buzz kill if it's rejected. Guess I'll be able to focus more on cards.

Chinese keep buying a lot:
https://coin.dance/volume/localbitcoins/CNY

Unlikely it will come to this, but the federal register routinely posts notices designated for the upcoming Monday during the weekend. I've noticed this practice while refreshing

https://www.federalregister.gov/docu...x&order=newest

Over the last few months.


We will know by Saturday imo. You won't have to wait till the 13th

Antpool mining BU:
https://www.reddit.com/r/btc/comment...oin_unlimited/

Ruh roh

that, was bad

Can anyone explain that article for me? I dunno wtf was going on with all the computer talk

Obv with so much debate leading up to any sort of action, if there is a hardfork, there will 100% be a 2nd coin. Curious to see if the exchanges change their stance on who gets the 2nd coin if stuff is lent on margin. The play is to go on massive margin right before the fork, then just ship back the coin you borrowed and keep the 2nd chain coin.

Also wonder if there would be any sort of an attack on the smaller chain, to try and eliminate them.

So what is the best thing to do for those who currently hold btc? just hold onto it and see what happens on the 11th?

Has BU been peer-reviewed and tested?

Apart from political concerns, how risky is its implementation from a technical standpoint?

Who gains with BU, who gains with segwit, and who gains with keeping it as is?

The boggling thing is how BTC is near all time highs with so much uncertainty.

https://medium.com/@spair/the-bitcoi...2b7#.i4e4uob1c

CEO of bitpay comments about the fees of BTC.

Gainers

With BU: miners, people sending bitcoins.
With Segwit: Short term people sending bitcoins, long term companies providing off chain services such as Blockstream.
Doing nothing: Companies offering offchain services, altcoins.


There are risks with all of them, but all of those issues are complex and uncertain.


Bitcoin is at ATH even though Bitcoin has major issues right now because fiat is so bad right now and expected to remain terrible.

Someone convince me to not 5x my current position over the next 2 days (have a very small 5 figure position I've been holding for couple months).
If I wake up after China market hours to a bloodbath think I'm big time buyer. Anyone have targeted support levels for this pullback off highs?
I've been surprised by the bounce back in buying so far this year on big pullbacks which is fueling my bullishnessssssss

All depends if you want to gamble on the ETF decision coming in a couple days.

Genuinely considering divesting my position until the Chinese mining cartel is disempowered or broken up.

The Bitcoin project is hijacked by bigger-than-Trump primadonnas. Instead of promoting unity and leading the community toward a reasonable scaling solution, Roger Ver and Jihan Wu, who control the majority of hashpower and have a monopoly on ASIC's, have engaged in blatant misinformation campaigns and throw temper tantrums when they don't get way.

Regardless of your position on SW or BU, a project can't succeed with incompetent leadership and a divided community. The state of the project is that the incompetent leadership is pushing software despite the best developers involved in the project shouting from the rooftops that BU will cause disaster if implemented as currently designed. There's only a few ways this can end, and none of them are good.

Hopefully someone more knowledgeable than me can educate me why I am wrong.

With all of this going on, how could the sec approve? I'm a bitcoin person and think it would almost be crazy. Dunno why I haven't sold myself to buy back after denial. Guess it's because I swore to myself, no selling, only adding, at least for a few years anyway.

The thing is, somehow btc manages to just prevail no matter what it faces. I guess if things get TOTALLY ****ed up that could change.

Just read an article, I'll try to summarize, bitcoin has a scaling issue that will need to be fixed before it can go mainstream. Currently the maximum # of transactions it can process is 3-7 per second, which is nothing. Visa/MasterCard do tens of thousands per second. the maximum # of transactions is limited by the maximum block size, which is right now is 10MB. A block is a collection of transactions, a new block gets "mined" approximately once every ten minutes. Segwit and BU are proposals that aim to fix this scaling issue.

There are definitely bigger-than-Trump pre-Madonnas in the bitcoin space, but I think you're assigning that label to the wrong side.

If you don't want to follow the debate for the technical merits, just follow the money

Side A: Jihan and Ver have hundreds of millions tied up in actual bitcoins and mining equipment/mining equipment manufacturing. If bitcoin flops, their net worth crashes.

Side B: Is funded by banks, has little money tied to bitcoin, and has all their profit potential tied to developing sidechains/off-chain solutions. If bitcoin on chain growth stalls and moves fully to sidechain/lightning, that's good for Side B. If bitcoin crashes, that's undesirable, but not all that bad for Side B. If bitcoin scales on chain for the next hand full of years, that's bad for Side B.

do not conflate blockstream with bitcoin core


the vast majority of contributors to bitcoin core have been doing so well before blockstream was ever launched. And they have a proven track record of skill and ability to execute.

BU is run by a bunch of monkeys that have no idea what the difference between main net and test net is. The development team is orders of magnitude worse than bitcoinXT.