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RE: One of oldest Bitcoin Exchanges Down for half a day. Reminder - Do not Keep Coins on Exchanges
Always good advice but Blockstream and Core developers have made Bitcoin and slow and expensive to move. For these reasons I've found myself leaving it on exchanges for too long. I'm looking forward to a fork away from their control and giving bitcoin the functionality it had for years before they got involved.
I'm looking forward to Bitcoin Cash as well, can't wait to fork away from BSCore's dev centralization and get some real much needed on-chain scaling.
I could not agree more! People need to wake up and see that segwit is destroying the beauty of Bitcoin!
@spiftheninja, Ofcourse segwit will ruin bitcoin also people who have bitcoin in a exchange like coinbase will loose out as they say they will only give you one side of the fork rather than both so in effect you will loose half. People should just leave BTC and all other crytos to do what they want rather than trying to make BTC go the way of etherium.
yeah me to waiting for market to get stable and want to buy some good coin which will make good money
it's NOW TIME TO BUY MASSIVELY.
@dumptrump are you recommending he buys bitcoin at its current price?
i know its gone from 2800 to 2400 but i wouldnt invest in bitcoin until it his 2100 - 1900 as i think it will go back down to 1700 to 2000 for the next few months.
https://www.tradingview.com/i/l145T54J/
but after 1 august it will go high
What date is Bitcoin Cash going live? As long as you have a physical wallet, will you get Bitcoin Cash at the fork?
on August 1. Jaxx, freebitco.in(a bitcoin hot wallet too) have announced/planning on supporting bitcoin cash. But i will be selling that shit when it's released. Segwit is a must. I also love bigger blocks but no too big , 4 mb is the max I accept.
And yes physical wallets will support it if you want to download the whole bitcoin abc node.
Bitcoin Cash will be gone soon. Owners have 5% of the marketcap so are big whale contenders. Segwit is a must. Bitcoin cash is only beneficial to fat cat miners who don't want to lose out to segwit's cheaper offchain transactions. Off chain bites into their profits, thus the greedy hard fork
I have recently been staying away from btc in general because of the high fees to move it around. I would rather trade with btc on the exchange and take out ltc, or eth.
@paulygg, I wouldnt touch bitcoin until mid august after the segwit on august 1st happens and then i would wait 2 weeks for the market to settle but as you say i have some litecoin but i would also stay away from ethirium as i think it will loose value soon as there is a unlimited amount of ethirum so the marketcap will spreed acrosss more coins as currently there are 91,018,773.78 but if there is 200,000,000 then the price will effectivley be halved unless the hype continues
Is Eth going to remove the cap on the number of ETH created? I hadn't heard that.
@mynewsteemit i read something about it being removed not sure if it was correct ill try and see if there is a real source on it
I thought eth never had a cap. I think ETC does.
I just started and this is the plan of action I've taken.
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Excellent advice @kingscrown. For any noobs out there just starting out with Bitcoin your first investment should me in a cold storage wallet. In the article @kingscrown no one knows who owns the exchange and it's anonymous. Wow! That's a enough to scare me from using it. None the less it sounds like it has worked out for you for years. So Im not saying it's bad. Im just saying I wouldn't trust it.
http://www.FlippyCoin.com is the #1 Cryptocurrency Exchange!
BTC-e is the oldest of all the current exchanges - been around since 2011. They have always been a reliable exchange. If there was a reputation system for exchanges, BTC-e would have the highest ranking.
So it makes sense the government wants to shut it down with their typical BS "money laundering" accusations. What Alexander is really getting arrested for is running the exchange.
I was told the exchange wasn't making money like Poloniex, and other competitors. If you look it up, it's not on a lot of alt coin top 5 trading sites.
Just curious, where do you get your info for "top trading sites"? And what do you base that on?
I run a mining group. Our connections to some of these alt coins allows us access that most people don't have. We've stayed with Bitfinex, Bittrex, Coinbase for purchases, trades. When a coin value is high enough we store them into offline wallets.
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