Currency Wars, USD, YEN, Bitcoin and what it means to you.

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hax0n
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Sat Aug 19, 2017 2:12 pm

tulip1637 wrote:
63schoeffling wrote:Lulz, and once people can deposit it will be worth zero.
satoshi wept
Bitcoin Cash (BCC) is having a huge run actually. Currently sitting at $800+ :pint:
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electrachrome wrote:None of us who are responsible for this website really have any idea how it works
tulip1637
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Sat Aug 19, 2017 7:22 pm

hax0n wrote:
tulip1637 wrote:
63schoeffling wrote:Lulz, and once people can deposit it will be worth zero.
satoshi wept
Bitcoin Cash (BCC) is having a huge run actually. Currently sitting at $800+ :pint:
that's why i quoted his comment and made my response. or to put it in the wise words of code blue: "duh."
applehead
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Sat Aug 19, 2017 10:19 pm

I still don't understand how Bitcoin cash was created. When the 8/1 changes happened, did everyone get some free bitcoin cash on a 1:1 ( or 1:10) relationship to the BTC one owned? Any help/info/enlightenment would be gratefully appreciated. Thx all!!
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hax0n
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Sat Aug 19, 2017 11:13 pm

applehead wrote:I still don't understand how Bitcoin cash was created. When the 8/1 changes happened, did everyone get some free bitcoin cash on a 1:1 ( or 1:10) relationship to the BTC one owned? Any help/info/enlightenment would be gratefully appreciated. Thx all!!
It just split into two chains.

1 BTC = 1 BCC

It's like a software upgrade. Bitcoin was running on Windows 98 and the majority of people wanted to upgrade to the new Windows XP (Bitcoin +Segwit) operating system. Enough people decided that they would like to continue to use windows 98 (Bitcoin Cash) so they kept running it even after it was no longer supported.

Now we have two networks to choose from and anyone that had Bitcoin at the time of the split can use the coins independently.

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electrachrome wrote:None of us who are responsible for this website really have any idea how it works
applehead
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Sun Aug 20, 2017 1:14 am

Thank you
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michaelmillichamp
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Sun Aug 20, 2017 1:25 pm

I was pretty positive BCC was going to die quick. Looks like I'm wrong. Free money for everyone!
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hax0n
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Tue Aug 22, 2017 10:26 am

2 DAYS UNTIL SEGWIT http://segwit.party/
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electrachrome wrote:None of us who are responsible for this website really have any idea how it works
applehead
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Tue Aug 22, 2017 11:49 am

Bought some last night around 3800 (16% win), and again at slightly above 3600 (22% win). I'm expecting a bouncing like this 3-4 times until it goes one direction or the other. We'll see.
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63schoeffling
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Tue Aug 22, 2017 2:04 pm

applehead wrote:Bought some last night around 3800 (16% win), and again at slightly above 3600 (22% win). I'm expecting a bouncing like this 3-4 times until it goes one direction or the other. We'll see.
Ballsy with the upcoming November fork. I'm staying far far away from both while they duke it out before the new coin also comes into play.
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hax0n
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Tue Aug 22, 2017 7:10 pm

63schoeffling wrote:
applehead wrote:Bought some last night around 3800 (16% win), and again at slightly above 3600 (22% win). I'm expecting a bouncing like this 3-4 times until it goes one direction or the other. We'll see.
Ballsy with the upcoming November fork. I'm staying far far away from both while they duke it out before the new coin also comes into play.
The more coin you HODL the more free money you get on the fork. :pint:
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electrachrome wrote:None of us who are responsible for this website really have any idea how it works
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63schoeffling
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Tue Aug 22, 2017 8:25 pm

True.... or you lose $1.5k a coin and it doesn't make up for it compared to what you bought in for.
applehead
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Tue Aug 22, 2017 8:38 pm

I thought the SegWit fork already happened, news to me today. I thought that happened on 8/1. I guess the decision and block on which it would change was decided that day. I've been way too busy to keep up.

I know one thing from watching this for 3 years now. When you watch it grow incredibly fast and double in a week or two, theres going to be a pullback. It has happened every time. I said at 4450 to sell. I was guessing, but happened to be right. I'm chilling until the SegWit fork unless I see it approach 3600 again, I'll throw more cash at it. Time to do some reading here.

I'm personally expecting BTC to still surpass 8k by Dec and 10k by 1/2, followed by a major pullback and short opportunity, just like last year.

Good luck all. NItrogenSports.eu for ayone who wants to wager on sports/football betting. Woot!
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hax0n
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Wed Aug 23, 2017 9:42 pm

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electrachrome wrote:None of us who are responsible for this website really have any idea how it works
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soam24
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Thu Aug 24, 2017 9:04 am

Finally transferred over to my Trezor. I feel good about it.
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applehead
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Thu Aug 24, 2017 10:41 am

hax0n wrote:2 BLOCKS! http://segwit.party/

:pint: :pint: :pint: :pint: :pint: :pint: :pint:

I think we already saw the bump/doubling in price when the decision was made to implement SegWit weeks ago. I dont think we'll see prices soar because SegWit is live.
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