Bitcoin fork tomorrow, get your coins off of Nitro

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  • BrickJames
    SBR Hall of Famer
    • 05-05-11
    • 9749

    #36
    Originally posted by pokerdevil
    People that hold lots of BTC get free new coins. These forks are probably coordinated by whales and old-timers
    What is the point? What is the point of the new coins? Why? I'm so confused.

    I just exchanged all my Bitcoin cash for Bitcoins on fairlay for next to nothing and I'm fine about it
    Comment
    • littlekona
      SBR Hall of Famer
      • 11-19-15
      • 5242

      #37
      Originally posted by BrickJames
      What is the point? What is the point of the new coins? Why? I'm so confused.

      I just exchanged all my Bitcoin cash for Bitcoins on fairlay for next to nothing and I'm fine about it
      It was about $400 or so when fairlay transferd it into players accounts back in sept...now it’s like 2500$ was even higher over 3k....the transfer rate at fairlay is pretty good I use it all the time...it’s cheaper to deposit with it or other cryptos and fast cheaper withdrawals esp when btc network is messed up...next year bitpay will take btc cash for card loads which will be nice much lower fees
      Comment
      • Optional
        Administrator
        • 06-10-10
        • 61395

        #38
        Originally posted by BrickJames
        What is the point? What is the point of the new coins? Why? I'm so confused.
        The blockchain uses a consensus system. If you, me or anyone else thinks we know how to code a 'bitcoin' better than the original core group then we have the power to do just that.

        If enough nodes and mining power support your idea then the new coin will survive. Otherwise it will die.

        There is no other point we need to understand to use it.

        And not sure why you would 'hate' BCH... it's just another coin that has appreciated about 10x since creation. Bovada take it, Bookmaker take it, lots of exchanges take it.

        Tough to understand what you could possibly object to about it really.
        .
        Comment
        • BrickJames
          SBR Hall of Famer
          • 05-05-11
          • 9749

          #39
          Originally posted by Optional
          The blockchain uses a consensus system. If you, me or anyone else thinks we know how to code a 'bitcoin' better than the original core group then we have the power to do just that.

          If enough nodes and mining power support your idea then the new coin will survive. Otherwise it will die.

          There is no other point we need to understand to use it.

          And not sure why you would 'hate' BCH... it's just another coin that has appreciated about 10x since creation. Bovada take it, Bookmaker take it, lots of exchanges take it.

          Tough to understand what you could possibly object to about it really.
          The only thing I objected about it, is that it was sitting in my fairly wallet unused and I couldn't figure out how to exchange it until earlier today.

          So like any other idiot on the internet now I'm happy.

          Love you optional keep up the good work I might come down there too Australian buy you a couple of hookskis!
          Comment
          • BrickJames
            SBR Hall of Famer
            • 05-05-11
            • 9749

            #40
            Originally posted by BrickJames
            The only thing I objected about it, is that it was sitting in my fairly wallet unused and I couldn't figure out how to exchange it until earlier today.

            So like any other idiot on the internet now I'm happy.

            Love you optional keep up the good work I might come down there too Australian buy you a couple of hookskis!
            Only two points optional?

            I'm trying to go pro pal, I lost all my points playing Blackjack.

            I was almost at 3000 too so embarrassing.
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 61395

              #41
              2 points is just the standard I do to acknowledge a reply, doesn't mean anything. But here's some more to help the cause ;-)
              .
              Comment
              • BrickJames
                SBR Hall of Famer
                • 05-05-11
                • 9749

                #42
                Originally posted by Optional
                2 points is just the standard I do to acknowledge a reply, doesn't mean anything. But here's some more to help the cause ;-)
                Thanks pal. Maybe just review the insanely thick content of all of my posts and make me a pro. Maybe.
                Comment
                • BrickJames
                  SBR Hall of Famer
                  • 05-05-11
                  • 9749

                  #43
                  I'm one of the biggest contributors in Sportsbook and Industry section
                  Comment
                  • BrickJames
                    SBR Hall of Famer
                    • 05-05-11
                    • 9749

                    #44
                    No pressure pal I got all summer take your time LOL
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388179

                      #45
                      I not a fan of Nitro mainly because there are no checks and balances, no real regulation and all bitcoin

                      Whoever owns can close tomorrow without a trace and live in anonymity

                      Where are the nitro offices?? Who works there??...I think you see my point

                      I stick to the top old school pioneer books and all RATED A
                      Comment
                      • BrickJames
                        SBR Hall of Famer
                        • 05-05-11
                        • 9749

                        #46
                        Originally posted by jjgold
                        I not a fan of Nitro mainly because there are no checks and balances, no real regulation and all bitcoin

                        Whoever owns can close tomorrow without a trace and live in anonymity

                        Where are the nitro offices?? Who works there??...I think you see my point

                        I stick to the top old school pioneer books and all RATED A
                        Costa Rica I think.

                        I think I remember reading that on their website.
                        Comment
                        • trytrytry
                          SBR Posting Legend
                          • 03-13-06
                          • 23649

                          #47
                          what ever happened to bitcoin diamond fork and why have exchanges not turned them into coins and allow customers to have them like bit coin gold and Bitcoin cash? anyone know the latest news or updates?
                          Comment
                          • raiders72001
                            Senior Member
                            • 08-10-05
                            • 11116

                            #48
                            Originally posted by trytrytry
                            what ever happened to bitcoin diamond fork and why have exchanges not turned them into coins and allow customers to have them like bit coin gold and Bitcoin cash? anyone know the latest news or updates?
                            There are some exchanges that credited BCD. The only problem is that the wallets don't work at the exchanges or there would be some nice arbs.
                            Comment
                            • trytrytry
                              SBR Posting Legend
                              • 03-13-06
                              • 23649

                              #49
                              Originally posted by raiders72001
                              There are some exchanges that credited BCD. The only problem is that the wallets don't work at the exchanges or there would be some nice arbs.
                              whats wrong with the major exchanges most all use?
                              Comment
                              • raiders72001
                                Senior Member
                                • 08-10-05
                                • 11116

                                #50
                                Originally posted by trytrytry
                                whats wrong with the major exchanges most all use?
                                I meant the wallets for BCD. You can't transfer BCD from one exchange to the other.

                                When there's a big price difference with a coin at different exchanges, most of the time it means that that exchange doesn't support a wallet for that coin.

                                You can trade that coin, but can't transfer.
                                Comment
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