Author Topic: Cryptocurrency Master Thread  (Read 220410 times)

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The Big Train

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Cryptocurrency Master Thread
« Reply #925 on: January 14, 2018, 08:35:28 PM »
Dumbasses, you can’t just scale by making the blocks bigger.

https://twitter.com/matt_odell/status/952599335509913601

The Big Train

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Re: Cryptocurrency Master Thread
« Reply #926 on: January 14, 2018, 10:04:24 PM »

The Big Train

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Re: Cryptocurrency Master Thread
« Reply #927 on: January 14, 2018, 10:07:11 PM »

The Big Train

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Re: Cryptocurrency Master Thread
« Reply #928 on: January 15, 2018, 09:51:53 AM »
So, for my first post on getting everyone technically involved, I invite you to read this post on Merkle Trees. Maybe( :ohno: ) and hopefully it makes it a little more clear.

https://www.weusecoins.com/what-is-a-merkle-tree/

So this will be my 2nd post on getting everyone technically involved. What is replay protection? With all the hard forks that have happened and replay protection being a big issue here is a pretty good video to explain what it is and how it works.



What is Lightning Network and how will it help Bitcoin scale?

https://coincenter.org/entry/what-is-the-lightning-network

Offline Bqqkie Pimp

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Re: Cryptocurrency Master Thread
« Reply #929 on: January 15, 2018, 02:22:52 PM »
This might be a dumb question, but in my blockchain wallet it says that I have the accurate number of BTC.  However, it also says I have some some additional BCH as well.

On the BCH page under questions, it says:

"If you had bitcoin in your Blockchain wallet before the fork in August, you already have Bitcoin Cash. If you're new to Blockchain, you can get started with Bitcoin Cash by exchanging bitcoin or ether."

So... Did I just automatically get some "free bitcoin cash"?  Or, what?

And, should I HODL this if I have it or turn it into something else like BTC, LTC or ETH?

:dunno:   :runaway:  :dunno:
bears are fast...

The Big Train

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Re: Cryptocurrency Master Thread
« Reply #930 on: January 15, 2018, 02:46:47 PM »
https://twitter.com/officialmcafee/status/944206175100424193

How many of these are out here and should I be paying attention to any of them not listed on Coinbase.  Also, is Coinbase the only/best place to buy and sell coins?  So many questions....

This guy is a rough ridin' clown in the crypto space.

https://twitter.com/prestonjbyrne/status/952927449397985282

The Big Train

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Re: Cryptocurrency Master Thread
« Reply #931 on: January 15, 2018, 03:04:14 PM »
This might be a dumb question, but in my blockchain wallet it says that I have the accurate number of BTC.  However, it also says I have some some additional BCH as well.

On the BCH page under questions, it says:

"If you had bitcoin in your Blockchain wallet before the fork in August, you already have Bitcoin Cash. If you're new to Blockchain, you can get started with Bitcoin Cash by exchanging bitcoin or ether."

So... Did I just automatically get some "free bitcoin cash"?  Or, what?

And, should I HODL this if I have it or turn it into something else like BTC, LTC or ETH?

:dunno:   :runaway:  :dunno:

That's not a dumb question and a part of hard forks that can be confusing.  So when Bitcoin hard forked in August and created Bitcoin Cash(Bcash) it split the Bitcoin blockchain into two separate chains.  They(Bitcoin and Bcash) have the exact same history pre-hard fork, but have diverging ledgers from the block that the hard fork occurred on.  So whatever balance of Bitcoin you had at the moment of the fork you have on the other chain as well.  Any transactions on either chain after that point won't reflect on the other chain, because of replay protection(I've posted some articles about this) being included with Bcash.

This is the case with Bitcoin Gold(I don't remember if they included replay protection or not) and all the other hard forks that have happened since.  Most of these other forks aren't even worth your time to get the "Free coins" from, I think I posted an article about it though if you are interested.

As for what to do with it that's up to you.  Obviously from stuff I've been posting I think it's a shitcoin and I don't have any.

The Big Train

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Re: Cryptocurrency Master Thread
« Reply #932 on: January 15, 2018, 06:36:32 PM »
Also started posting in the LiteCoin Discord channel. Willing to mod a gE crypto channel if any interest too.

https://www.reddit.com/r/litecoin/comments/79ha7q/join_the_official_litecoin_discordtelegramirc/

The Big Train

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Re: Cryptocurrency Master Thread
« Reply #933 on: January 15, 2018, 07:58:06 PM »
$220 is a key resistance level. It crosses that it’s gonna drop quickly. Just relax guys.


The Big Train

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Re: Cryptocurrency Master Thread
« Reply #934 on: January 15, 2018, 10:31:08 PM »
Also started posting in the LiteCoin Discord channel. Willing to mod a gE crypto channel if any interest too.

https://www.reddit.com/r/litecoin/comments/79ha7q/join_the_official_litecoin_discordtelegramirc/

After interacting with this channel I have decided to leave. From the dismissal of factual info, to the immaturity of discussion, this channel is only a benefit during pumps and dumps. Nothing more.

Offline XocolateThundarr

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Re: Cryptocurrency Master Thread
« Reply #935 on: January 16, 2018, 07:23:28 AM »
Also started posting in the LiteCoin Discord channel. Willing to mod a gE crypto channel if any interest too.

https://www.reddit.com/r/litecoin/comments/79ha7q/join_the_official_litecoin_discordtelegramirc/

After interacting with this channel I have decided to leave. From the dismissal of factual info, to the immaturity of discussion, this channel is only a benefit during pumps and dumps. Nothing more.
Isn't that what most Discord groups are?  Just asking.... seems that way from reading articles.

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The Big Train

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Re: Cryptocurrency Master Thread
« Reply #936 on: January 16, 2018, 07:24:20 AM »
Yeah pretty much but I was hoping I would get more out of the LTC one.

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Re: Cryptocurrency Master Thread
« Reply #937 on: January 16, 2018, 07:25:04 AM »
Also guys just don’t even look at the markets today.  We’ll regroup and look again in a few days.  Just hodl.

Offline EMAWican

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Re: Cryptocurrency Master Thread
« Reply #938 on: January 16, 2018, 09:30:50 AM »
https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/

This is an extremely interesting read. I couldn't find the paper anywhere for free to read through it firsthand.

The Big Train

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Cryptocurrency Master Thread
« Reply #939 on: January 16, 2018, 09:52:46 AM »
https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/

This is an extremely interesting read. I couldn't find the paper anywhere for free to read through it firsthand.

Yeah I saw that yesterday, Spoofy was doing it this summer I think I posted an article about it then.

https://www.sciencedirect.com/science/article/pii/S0304393217301666

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Re: Cryptocurrency Master Thread
« Reply #940 on: January 16, 2018, 03:57:47 PM »
Also guys just don’t even look at the markets today.  We’ll regroup and look again in a few days.  Just hodl.

It's like a bad car wreck and I looked anyway :frown:
When the bullets are flying, that's when I'm at my best

Offline Phil Titola

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Re: Cryptocurrency Master Thread
« Reply #941 on: January 16, 2018, 04:29:26 PM »
I think every one of my low price alerts fired today. Woof.

The Big Train

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Re: Cryptocurrency Master Thread
« Reply #942 on: January 16, 2018, 04:51:25 PM »
I told you guys not to look!

Offline XocolateThundarr

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Re: Cryptocurrency Master Thread
« Reply #943 on: January 16, 2018, 04:57:08 PM »
I think it is a very interesting situation to watch and learn from.
@mikec2w

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Re: Cryptocurrency Master Thread
« Reply #944 on: January 16, 2018, 05:01:23 PM »
My brother got in for the first time today...lol

Offline wetwillie

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Re: Cryptocurrency Master Thread
« Reply #945 on: January 16, 2018, 05:15:17 PM »
Hopefully like 4 pm and not 8 am
When the bullets are flying, that's when I'm at my best

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Re: Cryptocurrency Master Thread
« Reply #946 on: January 17, 2018, 11:38:39 AM »
YIKES!

The Big Train

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