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went with
ardor, lisk, ripple, golem and sia coin
20% bank roll
will go 40% BTC/ETH each for remaining 80% ... waiting for another dip, reading lots about how more dips will come in prices especially with BTC until august 1stComment -
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Its the leader in the blackmarket... 100% anon.. its already taking over btc in markets ... tons of volumeComment -
polo and bitfinex wont let me use them because im in ny
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I bought at 403 and eth went in the tank. I have been buying litecoin for 3 months. I read that the chinese are big in litecoin. In 2013 we could of bought bit coin at 12. Had a friend do that and now he has 3 million. He told me and I called him a fool. Forgot all about bitcoin until sammy was talking about it. I haven't talked to him in over 3 years because of the stroke. So i dropped him a call and he quoted me verbatim. Yes i am butthurt because I making big money thenComment -
I don't think it will split into two different coins. My feeling is there will be enough support for SegWit. Here's a good article about possible splits.
https://bitcoinmagazine.com/articles...-announcement/Bitmain Responds to UASF With Another Bitcoin Hard Fork Announcement
Major Bitcoin mining hardware producer Bitmain today announcedthat it may launch a “hard fork” in August. Labeled a “contingency plan,” the announcement is a response to the upcoming user activated soft fork (UASF), as defined by Bitcoin Improvement Proposal 148 (BIP148) — and the wipe-out risk that comes along with it.
After an initial 8 megabyte proposal, Bitcoin Classic, the Hong Kong roundtable consensus, Bitcoin Unlimited, and SegWit2x, this marks the sixth time the Chinese mining giant has announced support for a hard fork in the space of two years.
Here’s what their latest proposal looks like.
Hard Forks, Coin-Splits and Altcoins
On August 1st, a segment of the Bitcoin community will activate the BIP148 UASF. These users and miners will only accept Bitcoin blocks that signal support for Segregated Witness (SegWit), the protocol upgrade proposed by the Bitcoin Core development team. If, at that point, a majority of miners (by hash power) does not signal support for SegWit through BIP148, Bitcoin’s blockchain and currency could split in two: a coin-split.
Now, with Bitmain’s hard fork announcement, it seems there could be a third part to the split … sort of.
Bitmain refers to its announced hard fork as a “UAHF” or User Activated Hard Fork. While perhaps a clever play on UASF, this is not a very accurate term because the “contingency plan” will actually be very explicitly activated by Bitmain — and Bitmain alone.
Moreover, use of the term “hard fork” is questionable in this context as well. Originally, at least, the term referred to a change to the Bitcoin protocol that makes previously invalid blocks or transactions valid. But for it to be a change to the Bitcoin protocol, it arguably at the very least requires the Bitcoin ecosystem to follow these new rules. Under Bitmain’s own stated condition this wouldn’t be the case, at least not to the full extent.
Rather, the “UAHF” will only be launched in response to a successful BIP148 UASF. It is thus more or less assumed that not everyone will adopt the new rules, which indeed seems likely. Technically, at least, Bitmain’s “hard fork” would be better described as the creation of an entirely new coin that shares a common history with Bitcoin.
For purposes of this article, Bitmain’s version of Bitcoin will be called “Bitmain’s Bitcoin.”
Bitmain’s Bitcoin
So what. specifically, will Bitmain’s Bitcoin look like?
Bitmain announced it will create Bitmain’s Bitcoin exactly 12 hours and 20 minutes after the UASF activation, though this is configurable. At that specific point in time, under Bitmain’s new rules, a block must be included in the blockchain that’s bigger than one megabyte. This will automatically “split” the chain — or create a new chain depending on how you look at it. All existing full Bitcoin nodes would reject this block and ignore this chain, and would continue to follow the chain adhering to Bitcoin’s current consensus rules.
From that point on, Bitmain will first mine on Bitmain’s Bitcoin chain privately for three days. After these three days, Bitmain will “officially” launch Bitmain’s Bitcoin to the public if three circumstances are met.
First off, the BIP148 UASF must have been successful enough to have gained significant hash rate. Second, there must be strong market demand for Bitmain’s Bitcoin. And third, the non-BIP148 side of the split must not be doing great, comparatively.
Then, if launched, Bitmain’s Bitcoin will accept bigger blocks. The statement mentions an initial limit of up to 8 megabytes, though this is slightly ambiguous as the same blog post mentions there will be “no hard-coded consensus rule” at all. The hardware manufacturer does add that miners should impose a “soft limit” of less than 2 megabytes, which is really more like a recommendation. Additionally, Bitmain writes that there will be a new protocol limit on “sigops,” which, in short, should counter some potential attack vectors on bigger blocks that could otherwise significantly slow down propagation times.
For the longer term, Bitmain lays out a “future roadmap” that includes a version of Segregated Witness, Extension Blocks, Bitcoin NG, Lumino, Schnorr signatures, Weak Blocks, and Bitcoin Unlimited-inspired base block size increases up to almost 17 megabytes in two years. Overall, this “future roadmap” part of the announcement does not seem very concrete yet, however.
What This Means for You, and What This Means for Bitcoin
The good news is that anyone who holds bitcoins (meaning: their private keys) at the time of a split will receive coins on both (or all) sides of the chain. In other words, you will get free "Bitmain bitcoins", which you can keep, sell or spend as long as someone is willing to accept them as payment. Bitmain will even implement replay protection on Bitmain’s Bitcoin, which means that there should be no risk of accidentally spending the same (copied) coin on both chains.
From a broader Bitcoin and scaling perspective, the chances of BIP148’s success may have actually increased, due to this announcement. If Bitmain follows through on their blog post, it means the company will take hash power that could have otherwise frustrated the UASF “off the table,” to mine on Bitmain’s Bitcoin chain. As a result, there is a greater chance that BIP148 miners will claim the longest chain versus non-BIP148 miners, avoiding a coin-split on the original blockchain. Additionally, Bitmain’s blog post seems to have angered some Bitcoin users that were so far undecided, further increasing support for BIP148.
The other scaling proposal in the running is SegWit2x, which is also supported by Bitmain. SegWit2x code should, according to itstimeline, be up and running before August 1st. If that deadline is met, it may or may not prevent a coin-split in the first place, depending on its compatibility with the BIP148 UASF. But since this proposal has been mostly developed in private, the status of this project — as well as its (in)compatibility with Bitmain’s “contingency plan” — remains largely unclear.
And of course, in the end, it's possible that neither BIP148, nor SegWit2x, nor Bitmain's Bitcoin will gain much traction. Status quo could prevail, in which case not much would change at all.
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I seen people asking about zcash .. I posted this in another thread yesterday but for anybody that didn't get a chance to read it I'll post it here because it seems like this one is popping ...
I've bought a little over 12 grand worth the past 2 weeks , up to 31 zcash at the moment...
ill briefly explain why i think zcash is going to boom and why i hopped aboard the train 2 weeks ago..
1. the recent announcement that JP Morgan will be implementing the zcash technology into there own blockchain... zcash is going to be the corporate method by banks
2. On july 1st Alphabay on the dark web will start excepting zcash as a payment option.. It'll be one of the 1st merchants to start accepting zcash.. the marketcap currently is 594,210,705 ... ive read people speculate after that it could hit 1.5 billion.. lots more transactions on the zcash blockchain ...Theres only 1,525,969 zcash in circulation the moment, which isn't a lot... supply and demand is another thing that will raise its value
3.shadow brokers' dump service switched from bitcoin to zcash this month, just another positive
4. bitcoin hardfork coming august 1st... read a lot of miners are going to bail on bitcoin and start mining eth and zcash... the slush pool added there 1st coin in over 8 years, and that happens to be zcash
5. another thing i read on twitter was barry silbert will be launching a zcash investment trust
ive seen price speculation anywhere from $800-$3000+a coin by august... only time will tell!
zcash is still young, its a solid platform and going to be a real competitor for years to come!Comment -
Daveey delte that post...Comment -
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LTC on Bitstamp Monday.Comment -
the day that they announced the partnership in may the value of zcash doubled on the spot...
there is a 20% investors fee with zcash, thats the one thing i always read people bitch about...that only effects the miners, me as a buyer/trader doesn't have any effect on me in the least.. It might deter the miners to mine zclassic or zen, but honestly the least amount in circulation is better for the value i think ... but what the hell do i know!
everything that i pointed out is purely speculation... just tid bits of info i've picked up from people online while doing my research on zcash the past few weeks . 3 weeks ago i didn't know zcash from a hole in the wall lol
i just wanted to back up why I personally think this particular coin is going to excell in the upcoming months ...
The coins only 8 months old and its hanging with the big dogs ... Its got a terrific platformComment -
whats everybodys fav wallet to hold alt currencies ???
reading around most people dont love leaving their currencies on the exchangeComment -
I hope that zcash hits for you and everyone else with it but some of these claims are a little high. zcash just starting hitting in May. Zcash isn't close to the leader in the Black market.
You can do a pretty good job of hiding BTC transactions with TOR and mixers. BTC has been used in the Black market for many years. Monero and Dash are also anonymous alts that have been around since 2014.
24 hour volume:
BTC 1.2b
ETH 1b
LTC 799m
some others
Dash 36m
Zcash 35m
Once again, I hope that all alts continue to climb.Last edited by raiders72001; 06-16-17, 11:21 PM.Comment -
I'm not sure how much longer it will last if at all but since March, you could buy pretty much anything that has existed at least 3 months and make a lot of money. Click on the coin to see a graph.
http://coinmarketcap.com
Another thing to mention that may or may not continue, for the most part, all the top coins have been following BTC except for XRP. When BTC rises, they rise. The percentages are different for each coin.
ICO come out all the time on the cryptos. Many are scams but some have been lotto tickets.Last edited by raiders72001; 06-16-17, 11:39 PM.Comment -
Tezos is one that I'm waiting on although it's more likely to be a pure donation than lotto ticket. ICO July 1.
Last edited by raiders72001; 06-17-17, 12:10 AM.Comment -
raiders thanks for contributing into the thread, always good to hear info on new alternate coins that are going to hit the market soonComment -
keep us updated.. im into the 4-6 alt currencies that id like to be in for now.. but always down to learn about new stuff to eventually invest
im trying to get into ETH now and waiting for another bitcoin dip
im liking what im reading about litecoin but i dont like buying things at such high peaksComment -
Ltc just reached 2billion market cap for first time everComment
