Cryptocurrency |OT| Nothing from Money

The fork itself won't have any impact on BTC's market cap; at least, it didn't with the last one in July. The number of BTC coins is not going to to change. An equivalent number of BTCGold coins will be added, which will have its own market cap based on whatever value the market determines for each coin.
Again, I'm hoping it stays that way but the fact that they're wanting to use the same UUID for the transactions make me wonder. Anyways, it's still speculation at this point since no one has solidified on what it is that they are doing.
 
Man, I wonder if altcoins are going to keep decreasing all through this weekend? ETH and BTC have held the last 7 days but a good chunk of alts have taken a bath, with a few like PIVX bucking the trend and rising instead.

Bittrex gave people BCC after the July fork IIRC.
Seriously? I had hear no one did except the pending Coinbase one. Thats good to hear.

Edit: This altcoin dip is real. IOTA is getting close to 49 cents. Down from a 62 cent high after it went over to Binance and had a bit of a run. It hits 49 cents over this weekend and Im going in.
 
Why do you all care about ARK so much? Pretty small player...
It's basically a mid cap with a worthwhile product, that has a valuable real world use case, a solid team and a very clear roadmap+future. It's not one of the big top 15 like Ethereum (currently $309) and NEO (currently $33), but Ethereum was Arks price 18 months ago, and NEO was Arks price 4 months ago.

Being able to identify the projects that arent just spinning their wheels and riding the wave is important, because its sort of the only realistic and non-luck way to make incredible gains. Ark just happens to be the most obvious of the midrange cryptos right now that show the signs that stuff like ETH and NEO and XMR had way back when.
 
XBL doing well again. Wonder if I should sell and wait for another dip
Yeah they are moving along pretty quickly. The have been accepted for Coinexchange.io but devs are waiting for the new website, raffle and burner to all be online before it goes through so people can check all that stuff out when the listing goes live. Should see a very sharp increase when that all happens at once.

The raffle is actually being tested now if anyone wants to take part in the pre-alpha join their slack group.
 
WTC got added to another exchange so expect some big FUD. Already started. $8+ again today for sure. Wouldn't be surprised to see it hit $10. I have long suspected Binance and Walton team are basically the same people (they share an office) and the coin was heavily manipulated so lets see what more exchanges do to the price in the next few weeks.
 
Holy shit BAT mega discount, ppl not seeing mercury preview or something..

Wish I sold at most recent peak, would have reinvested all of it right now.

Damn... Was holding incase of a big outbreak, can't predict the future I guess.. So it wasn't a bad decision.
 
Holy shit BAT mega discount, ppl not seeing mercury preview or something..

Wish I sold at most recent peak, would have reinvested all of it right now.

Damn... Was holding incase of a big outbreak, can't predict the future I guess.. So it wasn't a bad decision.
I really hope that Mercury release next week does something for BAT or I feel this is going to stay at this range forever.
 
I think it's going to crash after Mercury is out unless it's accompanied by other news. I would get out next week before the release, assuming it recovers. Even if you for some reason are bullish about the project long term, I think it's almost certain that it's going to go down again after the release.
 
I figure $BAT at this point is going to bounce to where it was after the release and as the team talks about the integrations with other browsers as well. After that sustained spike, I'm guessing people are going to sell and move on. The highest I expect it to go would be $.80 - $.85 cents and then drop off again down to $.30-.40 and then back down to where it is today. I will probably take advantage of the spike, sell and wait for the fall and grab more for long term.
 
I think it's going to crash after Mercury is out unless it's accompanied by other news. I would get out next week before the release, assuming it recovers. Even if you for some reason are bullish about the project long term, I think it's almost certain that it's going to go down again after the release.
But the hype sell the new probably applies to BAT I'll be grabbing some today hard to resist at that price.
I figure $BAT at this point is going to bounce to where it was after the release and as the team talks about the integrations with other browsers as well. After that sustained spike, I'm guessing people are going to sell and move on. The highest I expect it to go would be $.80 - $.85 cents and then drop off again down to $.30-.40 and then back down to where it is today. I will probably take advantage of the spike, sell and wait for the fall and grab more for long term.
That would be fantastic if we can get to $.85 by the time Mercury release comes rolling around, probably be best to exit right before.

I'm still waiting to see if Chainlink corrects a bit before hopping on that train.
 
Did anyone attend the Xtrabytes (XBY) 777 interview with the lead dev? Very well done and I have much more respect for CCR now. Great mini cast.

I'll post transcript here soon.
 
Did anyone attend the Xtrabytes (XBY) 777 interview with the lead dev? Very well done and I have much more respect for CCR now. Great mini cast.

I'll post transcript here soon.
Yeah I caught it, was very well done. borzalom seems like a very intelligent man, and his vision for XBY is becoming much more clear. That coin is a sleeping giant for sure.
 
Yep XBY is a potential game changer, for everyone who missed getting on ETH at the ground floor XBY is the next one you don't want to miss.

The 10th of October announcements will make everything much more clear of what the potential for this project is and how it will achieve it's goals so defs one to keep an eye on.
 
I read a post on Reddit that you will need to enter each one of your crypto-trades into your IRS tax return, is that true? Sounds very inconvenient especially if you have made hundreds of trades.
 
I read a post on Reddit that you will need to enter each one of your crypto-trades into your IRS tax return, is that true? Sounds very inconvenient especially if you have made hundreds of trades.
I assume it works the same as any capital gains tax? If you cash out you pay the tax on the $$ amount.
 
I read a post on Reddit that you will need to enter each one of your crypto-trades into your IRS tax return, is that true? Sounds very inconvenient especially if you have made hundreds of trades.
Don't know for the US, but in Germany every exchange is to tax. E.g. BTC->Altcoin and back, the profit in € is to tax.
 
WTC got added to another exchange so expect some big FUD. Already started. $8+ again today for sure. Wouldn't be surprised to see it hit $10. I have long suspected Binance and Walton team are basically the same people (they share an office) and the coin was heavily manipulated so lets see what more exchanges do to the price in the next few weeks.
Oh damn. That would be..... Damn. I mean I already feel like China was on some insider trading BS with the China coins spiking 50% 2 days before the Chinese official announcement came and cleared the air. I wish I could say I felt like the bolded was probably false, but after that super blatant insider info, I dunno.
 
Hope the price of ARK doesn't get pushed down much further.. Cuz i wonder at which point people lose all trust in a coin out of fear of manipulation.

It really sucks.
 
Went back and forth the last few days on whether I should sell my ETH and LTC and put those funds into BTC. Finally decided to just hold on everything and see how everything works out.

Trying my best to stick to my "buy and hold for two years" strategy but that's getting hard.
 
Can anyone recommend a good wallet, pc or mobile to store btc so i can have the private keys just in case?
Because not sure if coinbase will act correctly
 
Can anyone recommend a good wallet, pc or mobile to store btc so i can have the private keys just in case?
Because not sure if coinbase will act correctly
I used exodus for a bit and was pretty happy with it. I'm not using a hardware wallet for additional security (ledger nano s)
 
Yeah boy, i got rid of my $RISE since it was bleeding hardcore. I went to go see if I could sell my $CFI and the value has dropped below the minimum sell price. lol

I pushed my funds into $ADA which I had been doing some reading about which looks promising like $BAT but boy, strange days. The interesting thing is the Chinese Golden week just ended on the 7th, so I wonder if we're going to see some things pick back up now.
 
Interesting to see the xby talk having a come back in this thread. I remember when it was "the next big thing" 5 months ago. I have a small stack of xby, but i doubt its going to be a top 100 coin anytime soon. Not on the exchanges its on anyway.

My portfolio is really taking a hit the last few days. ARK looks bad, NAV looks bad. Only thing saving me is WTC. QRL is at least relatively stable. I expect a big jump from it the next days/weeks with the mainnet coming online. The team could be a bit more on the talkative side though... Dont disappoint me, QRL.
 
Yeah boy, i got rid of my $RISE since it was bleeding hardcore. I went to go see if I could sell my $CFI and the value has dropped below the minimum sell price. lol

I pushed my funds into $ADA which I had been doing some reading about which looks promising like $BAT but boy, strange days. The interesting thing is the Chinese Golden week just ended on the 7th, so I wonder if we're going to see some things pick back up now.
I would be careful with ADA. It has a really high marketcap for such a new coin. The way i see it, the chance for it to half in price is much higher than for it to double. My guess would be that its going to dump hard once the honeymoon on bittrex is over. Im usually wrong though :D
 
I would be careful with ADA. It has a really high marketcap for such a new coin. The way i see it, the chance for it to half in price is much higher than for it to double. My guess would be that its going to dump hard once the honeymoon on bittrex is over. Im usually wrong though :D
Yeah it seems like a potential double edged sword which is why I'm watching it very carefully. The dip in form its in right now in relation to everything seems about right and I want to see what it does in the next week or so. May eventually be a HODL but not seeing the upside just yet.
 
Interesting to see the xby talk having a come back in this thread. I remember when it was "the next big thing" 5 months ago. I have a small stack of xby, but i doubt its going to be a top 100 coin anytime soon. Not on the exchanges its on anyway.

My portfolio is really taking a hit the last few days. ARK looks bad, NAV looks bad. Only thing saving me is WTC. QRL is at least relatively stable. I expect a big jump from it the next days/weeks with the mainnet coming online. The team could be a bit more on the talkative side though... Dont disappoint me, QRL.
5 months ago, it didn't even come close to scope it is striving for today. Back then it was going to be a storage coin with a brand new consensus, but then it got tons of support and it allowed the lead dev to unleash his entire vision for a programming language-agnostic DAPP/smart contract platform.

You are right about the exchanges though (small exchanges won't support major growth ofc), but I heard that once they have done their reveals next week they want to pursue Bittrex.
 
If alt coins are bleeding this bad already, where will they be at in November? At some point it's clearly better to just go shopping instead of holding BTC for the fork. Upbit presumably getting launched this month is going to give a lot of Koreans better access to alt coins too, so who knows what's the best move right now.
 
If alt coins are bleeding this bad already, where will they be at in November? At some point it's clearly better to just go shopping instead of holding BTC for the fork. Upbit presumably getting launched this month is going to give a lot of Koreans better access to alt coins too, so who knows what's the best move right now.

Im so conflicted about just holding. first time since I stared since Im in the red overall. Where do you guys see the ark floor?
 
I send a little more € to coinbase.
Probably buy some more ark, but don't know if wait until BTC fork to see if can go lower...

I used exodus for a bit and was pretty happy with it. I'm not using a hardware wallet for additional security (ledger nano s)
Is that for pc? Can I loose my btc if pc dies for example? Or of i store private key can i recover like ark client?
 
I send a little more € to coinbase.
Probably buy some more ark, but don't know if wait until BTC fork to see if can go lower...


Is that for pc? Can I loose my btc if pc dies for example? Or of i store private key can i recover like ark client?
Yeah...it's PC based....also from what I understand it's similar to ark wallet in that it uses a passphrase that you can recover with. I also do believe you can manually export private keys but haven't tried.
 
Yeah...it's PC based....also from what I understand it's similar to ark wallet in that it uses a passphrase that you can recover with. I also do believe you can manually export private keys but haven't tried.
It is. I just set mine up and it will not backup / encrypt anything on your machine until you transfer some amount of coins that the wallet supports to it. Once you do, it's much like $ARK; Put in your password, it salts your backup with unique words for 12 different numerical positions and then offers a recovery e-mail address.

I would highly recommend people get things off the exchanges as there is a lot (and I mean a lot) of currency coming and going right now. Being part of a shared blockchain is not ideal for obvious reasons.
 
Damn the altcoins are dying. And BTC rises. If everyones moving to BTC this early it must be because of the Gold fork that's in like 7 days. And after that there's the S2x split like 40 days away at this pace it looks like there's going to probably be a case where after the gold split, there may not be a full recovery for alts before they take a hit again 2 weeks or so out from the 2x split.

Will be nothing but discount buys for the next 6 weeks. I forsee a lot of coins plunging down through their supports.
 
Jup.. and now that the first ICO of NEO is finished... I guess the people will also sell this one for BTC, as there is nothing on the horizon the next few weeks or months, outside of a possible continuation of Crypto in China.
Two forks so close to each other.. ALTs will bleed so hard i can't believe it. Maybe a small recovery right after GOLD.

Edit: is it true that the ahem.. "devs" of BTCGold already forked on 1st of Oct? Wouldn't this mean that only those who held BTC on 1st of OCT will get it?