I was wondering if there are similar 'giveaways' like byteball?

It's about time someone posted some useful information.

Hey guys what program/app do you use to track bitcoin/altcoin on your phone? I have an iphone and want a program where it would give me an alert when an altcoin hits a certain price such as say its 38 dollars right. I want an alert when say a coin is around 38 dollars... and an alert when it hits either 40 or 37 etc. I downloaded coincap on my iphone to track bitcoin/altcoin prices and it is good.


However, when i set up the alerts, it does not work at all. I installed and uninstalled the program. Made sure i got notifications shown in my settings. Can someone who uses coincap or any other app on the iphone tell me what i can do?

Blockfolio works good

Verstuurd vanaf mijn SM-G920F met Tapatalk

I downloaded blockfolio. It does work but the coins im looking at for some reason the price is off quite a bit compared to coinmarketcap and coincap.


Can someone who uses coincap on the iphone tell me if they have the same issue?

With blockfollio you can change the exchange.
Use the exchange you do your trading at for each coin.

Looks like Core is planning to rollout an update that will reject 2X blocks.

Is this not effectively the same threat as UASF? Why would Jihan capitulate to UASF, implement Segwit that kills cover ASICBOOST, all to avoid competition against a Core altcoin... then fork to 2X by himself and compete against Core altcoin anyway.

BCH demonstrated that miners will mine whatever is profitable. Core will have a huge advantage to BCH because it will trade at a much higher price (than BCH) and (probably) have a more lucrative difficulty adjustment.

BCH needed only trade at $500 after the difficulty adjustment to be of equal profit for miners to mine as BTC. No doubt that a Core altcoin will trade at at least double that. Who here would not buy Corecoin for $500? Miners will flock to it immediately.

Don't really know what you're talking about here. Every update core has ever rolled out rejects 2X blocks, at least if they're bigger than 1 MB. Version 0.15 will probably ban 2X nodes, regardless of if the block height for the planned 2X hard fork has happened yet. But that's not the same thing, and is just done to protect the network from disruptions when all of a sudden there are incompatible clients connected to you.

Then you start talking about Bitcoin Core's implementation of Bitcoin as an altcoin? That's absurd. If somebody wants to make a fork that's incompatible with the current consensus algorithm, I think that's a bit irresponsible without support from the users, but hey, no one's stopping them. But to think that that would then become Bitcoin, and that the current Bitcoin would become an altcoin, requires some logic gymnastics.

Overall you seem reasonable. Were you drunk when you wrote this?

Unless I am misunderstanding the situation, if the NYA miners (are supposedly) running BTC1 activate 2X, then the 2X chain effectively becomes Bitcoin regardless of whether the non-mining nodes are running Core. NYA signatories including Coinbase have already agreed to list this chain for the BTC ticker.

My scenario just assumes the Core devs will abandon development of the 2X chain whether it is "BTC" or not.

How we determine which chain is Bitcoin in this scenario is beyond my comprehension (happy to be educated on this). My assumption is there will be two coins, a 2MB coin (BTC1) and 1MB coin (Core), with the former having the majority hashpower.

edit: yeah, brainfart on what 0.15 does.

Crypto noob here. I have a couple of questions. I'm coming into a little money (3-4k) in the next couple of weeks and I've decided to put it into Crypto. I am not looking to day trade and i am in this for the long haul, don't plan on withdrawing anytime soon. I have a few questions.

1. What coins should I put my money into, should I shove it all in BTC or spread it around into ETH or any other coins you guys recommend?

2. Should I wait for a drop in BTC or ETH or should I just hop in immediately?

3. What type of wallet should I use? Online, Mobile or Desktop? I am having a little trouble understanding how these work. All options seem to come with risks. If I do a desktop and my computer crashes am i screwed? Are the online wallet 100% secure and not prone to cyber attacks? I need a little help here

I know these are very basic questions but I would appreciate some advice. Thanks for your time and good luck out there!

Bit of a noob here as well, but I'll give my input.

ETH def seems like it has more potential, but BTC is always the one that is mentioned first and will not be going away anytime soon. I split up my investment about 50/50 between the two. Should prob stick to those two until you gain enough knowledge to know what is what when it comes to the other altcoins.

BTC and ETH have both been unstoppable lately and I could see them both coming back down to Earth and dropping ~25% or so, but no one really knows what is going to happen. Seems like it's been nothing but good news lately and the bull market could continue for months.

Mobile/Desktop wallet should be fine imo. I've been using Electrum. You're provided with a seed so if you lose/destroy your phone you can recover your wallet. The only risks you have are someone hacking your phone or stealing your seed. The most "secure" wallet is either a hardware wallet or a paper wallet, but then you run the risk of losing or destroying those. For a relatively small amount a mobile wallet should be fine. No storage method is risk free.

Allright, I think we are pretty much on the same page

First of all I don't think there will be a wholehearted attempt by the NYA signatories to push the hard fork. They have too much to lose and too small a chance to succeed. But if they do, then you're right that they will probably try to hijack the name, and might also succeed in that. At least for a while.

The Bitcoin protocol is built on consensus, and since this fork would break consensus rules anybody that wants to use it would have to upgrade. Many users, including many influential ones, are of the opinion that switching to consensus breaking clients should only be done if "everybody" does it, because there is consensus that the change is a desirable upgrade.

There is also a strong culture and precedent on open source development of the protocol. The way the NYA came into being, and the way it's been developed and implemented has been anything but. This corporate takeover attempt is also something that many bitcoiners are opposed to. The combination of these issues makes me confident that the 2X fork will not succeed.

1. Btc and eth. Don't bother with anything else until you have more knowledge.

2. Now.

3. Keep it on exchange until you figure out wallets.

For btc try electrum.

For eth try Parity and/or Metamask.

Make sure to back up your keys (offline) whatever wallet you use.

BTC is basically the reserve crypto currency, and when it flourishes the whole market turns bullish.

If you're in it for the long haul, buy now and don't wait. The market is too unpredictable and anyone who pretends to know if a coin is going up or down is full of ****.

I wouldn't store a large amount of crypto on your phone; it's just asking for trouble. You're best off investing in a hardware wallet like a Nano Ledger or Trezor.

I see this advice thrown around, but how much knowledge is really going to matter? The way the crypto market will behave is going to be based on future black swan events that nobody can see coming.

I'm not a crypto expert so I'm not advocating anyone take my advice. But Imo people would be better off just learning the basics and staying on top of the biggest news events, studying how the market reacts to the major positive/negative events and then trading accordingly when the next big catalyst occurs.

My prediction is that, as long as no major events happen, crypto is going to keep grinding higher. So being long BTC or ETH is really just a matter of predicting whether the U.S and the rest of the world will be in a state of low volatility or high volatility. High volatility=crypto crash. Low volatility=crypto acceleration.

This is probably the worst thing to do.

How is learning every little bit of minutia helpful? You think altcoins are sky-rocketing in market share because of their unique fundamental characteristics?

Clearly you know this is a bubble, so being an expert on bubble behavior should prove far more valuable than being the 1 millionth other tech nerd with an amateur opinion on crypto.

$3600 ATH!

Although I agree with your assessment (same as TomCollins), I am trying to understand various possibilities/probabilities of events that can occur leading up to the November fork.

Lets assume the 2X fork happens in accordance with NYA. The 1MB chain loses 90% of its hashpower and exchanges give the BTC ticker to the 2MB chain. The latter may or may not happen, but assuming it does..

Does this effectively kill the 1MB chain? Will Core need to reduce difficulty for mining to be profitable? Will that require a hard fork?

Load up on BTC imo, and the best time to buy bitcoin is now.

Says he's a "bit of a noob" then precedes to call the market dip of just 25%.....

$3725 at one point but back down to the 3600s.

https://www.bitfinex.com/posts/216

Bitfinex to stop serving US customers.

I've previously mentioned my theory on the ETF. Their main reason to deny was that unregulated exchanges controlled the price of BTC in USD. Since then, Bitfinex got their accounts locked. The SEC then said they would rethink the ETF decision. I thought Kraken was regulated, they aren't. They are pretty much the last standing unregulated exchange dealing in USD. They are also having issues. They use a 3rd party processor and even the most highly verified US customer can only withdraw 50k USD a year. Just a matter of time till Synapse pay parts ways with Kraken and they are left to do the same thing Bitfinex did.

With the head of SEC leaving, only regulated exchanges left, I think this SCREAMS etf approval and I think the smart money thinks the same thing and the price action is showing it.

If we can get a btc etf I would be surprised. But obv hope it happens as anyone holding would prolly get rich.

I don't think it would be that surprising. Cryptos are gaining traction super fast. They are regularly mentioned in all sorts of finance news.

Just today:

https://www.cnbc.com/video/2017/08/1...um-trader.html

I think enough mining power will stay on the original chain to move it forward. Then the price will attract more miners once the difficulty adjusts. Since the two chains use the same POW algorithm, the miners could attack the original chain, but that would definitely turn people against them, and make a POW change a non-zero possibility. They would never take that risk.

Also, the combined price of the two chains would plummet far below the price before the split. The miners and exchanges have built their entire businesses around BTC (not every exchange, but the big, BTC focused ones), and that's a huge risk to take, without too much to gain.

still, can't believe btc is $3800 and it keeps going up!

have been planning on holding onto some, which I have not done. It's essentially peanuts but one-day I am all in and the next day I am all out, on an account of "I don't know ****"

I guess I still like the idea. I have seen it work(poker), it is efficient. I also just read something which kind of struck me which was that Bitcoin is basically a byproduct of blockchain technology. I read that in this article: https://seekingalpha.com/article/409...e-guide?page=2

Anyway, that got me to thinking, I like the idea of blockchain technology more than that of BTC itself. BTC just happens to be the one coin booming, but in a sense, it is the blockchain technology that is kind of booming(It is my belief that believers in btc are somewhat more a believer in the technology behind it(blockchain)). Does that make sense? I feel like this is what the believers preach

But, in short, I read that type of article and it shows the opposite side of the spectrum, the one opposite the current price and past performance of BTC.

Is it going to continue to Buzz Lightyear, "to infinity and beyond?" Or, will/can it crash?

I guess if I have intentions of investing in cryptos my research must continue.

If I asked, why has/is the price of btc skyrocketing, what would your answers be?