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 Message Boards » » Bitcoin Page 1 ... 15 16 17 18 [19] 20 21 22 23 ... 28, Prev Next  
CaelNCSU
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You can store in an offline or paper wallet. Electrum is one of the most prominent examples.

7/26/2017 11:43:28 PM

0EPII1
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just when you think this shit can't get any more incomprehensible, it does

http://www.bbc.com/news/technology-40779767

7/31/2017 7:21:17 PM

EuroTitToss
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Well, it didn't collapse.

8/2/2017 9:43:48 PM

scud
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No...but that doesn't mean hilarity hasn't ensued:
https://www.bloomberg.com/view/articles/2017-08-02/bitcoin-exchange-had-too-many-bitcoins

8/3/2017 9:49:00 PM

CaelNCSU
All American
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https://steemit.com/

Reddit like site using Cryptocurrency for upvotes.

8/4/2017 9:49:46 AM

Wickerman
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$3,000! when will it stop?

8/4/2017 11:20:44 PM

Bolt
All American
931 Posts
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I wanna buy some Ethereum. I have no idea how to do it...but I wanna get in on this. help me.

8/4/2017 11:30:46 PM

dubcaps
All American
4753 Posts
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you can buy ethereum and bitcoin on coinbase pretty easily.

8/5/2017 2:26:23 PM

moron
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^ coinbase.com

Bitcoin will never be stable without a reserve system. The value now is directly tied to the cost of mining hardware— whenever this collapses it will stagnate

OTOH China controls a plurality of mining hardware and btc or some cryptocurrency with some tweaks has the power to be a true global currency.

8/5/2017 2:27:51 PM

justinh524
HumanSkinEggBaby
22088 Posts
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Y'all gonna invest in goatsecoin?

8/9/2017 7:48:50 PM

Wickerman
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^^ Isn't the value also tied to supply/demand?

ETH and BTC seem to keep going up. I have invested the max I am comfortable with in both.

[Edited on August 10, 2017 at 8:45 AM. Reason : .]

8/10/2017 8:44:24 AM

CaelNCSU
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Antshares, now Neo, is probably number 3 on most likely to boom to a huge market cap. It's Chinese: https://neo.org/ and has some kind of way to pay you for the amount of shares you hold.

[Edited on August 10, 2017 at 11:37 AM. Reason : a]

8/10/2017 11:21:00 AM

Wickerman
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^ What do you think of BCH?

8/11/2017 9:46:59 AM

CaelNCSU
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Bitcoin Cash? The fork?

I only kept 0.5 of it. I haven't followed it much, but I think the name is dumb and likely to confuse people.

Never know with this stuff though.

8/11/2017 3:41:20 PM

Wickerman
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Yup, I was wondering if BCC/BCH will also take off like BTC. BCC/BCH market cap is already 5 Billion. BTC is at 50 Billion or so right now. The total market cap for cryptocurrencies is around 100 billion. I have no idea where the ceiling is. It has to be in the 1-2 trillion range.

Once banks/institutional investors step in the demand is going to sky rocket.

http://www.investors.com/news/when-will-banks-trade-bitcoin/



[Edited on August 11, 2017 at 4:04 PM. Reason : .]

8/11/2017 4:03:23 PM

Wickerman
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$4,000 woot

8/12/2017 10:21:09 PM

CaelNCSU
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On that note...

https://www.youtube.com/watch?v=AJsOA4Zl6Io&feature=youtu.be&t=30s

Guess it pays to assume you're dumb and don't understand something instead of calling it beanie babies.

[Edited on August 12, 2017 at 10:52 PM. Reason : a]

8/12/2017 10:48:55 PM

Wickerman
All American
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Anyone looking into iota? Apparently it has no transaction fees.

8/15/2017 5:23:38 PM

0EPII1
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what do you bitcoin experts think of this

http://www.altcointoday.com/trader-who-predicted-bitcoins-current-rise-in-2013-now-forecasts-15000-price/

8/16/2017 5:16:03 AM

Wickerman
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^ Totally plausible. I bought more today..

8/17/2017 8:25:56 AM

Wickerman
All American
2391 Posts
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Best place to buy BCH?

8/20/2017 12:56:50 AM

packfootball
All American
1717 Posts
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^What he said..

8/20/2017 10:24:52 AM

CaelNCSU
All American
6641 Posts
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Terrible UI, but: https://bittrex.com/

8/21/2017 9:16:41 PM

CaelNCSU
All American
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Forbes is pumping: https://www.forbes.com/sites/panosmourdoukoutas/2017/08/30/bitcoin-is-the-new-gold/#31c170553b36

Quote :
""Bitcoin trade in Japanese yen accounted for close to 46 percent of global trade volume, up from about a third a day ago; trade in Chinese yuan and South Korean won accounted for about 12 percent each; and US-dollar bitcoin trade accounted for about 25 percent.""

9/1/2017 9:47:35 AM

KeB
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And China is dumping https://www.bloomberg.com/news/articles/2017-09-14/bitcoin-tumbles-as-chinese-exchange-says-it-will-halt-trading

9/15/2017 6:36:11 AM

dtownral
Suspended
26632 Posts
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does that mean i'll be able to afford a graphics card again?

9/15/2017 1:06:29 PM

moron
All American
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Anyone ever done any blockchain programming with solidity?

10/3/2017 10:25:59 PM

CaelNCSU
All American
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I have, the best resources on it I've found:

Intro: https://www.youtube.com/watch?v=8jI1TuEaTro&t=3363s

from this Account:
https://www.youtube.com/channel/UC8CB0ZkvogP7tnCTDR-zV7g

Cool tool for deploying contracts:
https://github.com/trufflesuite/truffle

Caution: Some of the info you'll find uses functions that return things synchronously. Most of the current APIs in both geth console and truffle uses promises now.

[Edited on October 5, 2017 at 9:30 AM. Reason : a]

10/5/2017 9:28:49 AM

Cherokee
All American
8256 Posts
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Quote :
"Y'all gonna invest in goatsecoin?"


killed me

10/5/2017 12:04:45 PM

KeB
All American
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Over $5000 now. Damn damn damn why didnt i throw $100 at it at the beginning of this thread.

10/12/2017 8:21:43 AM

wahoowa
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can you actual sell your coins at that price or is it just an arbitrary value based on supply?

10/12/2017 11:16:00 AM

CaelNCSU
All American
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It's super liquid, I could cash out everything I have at that price. If you have a couple of million it'd move the market a few hundred bucks down. You can determine this by looking at a market depth chart. Selling $3 million usd worth right now would move the price down to $5020.

10/12/2017 11:51:55 AM

moron
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^^^^^ I've been looking into it (found that video) to help a friend with something, and it's kinda cool how that works.

I still don't really "get" how cryptocurrencies are so huge, but smart contracts are really cool, compelling feature of them that I rarely hear people talking about.

[Edited on October 12, 2017 at 6:40 PM. Reason : ]

10/12/2017 6:40:45 PM

KeB
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https://cointelegraph.com/news/first-bitcoin-only-real-estate-transaction-completed-in-texas

Cashed out to buy a house in Texas...

10/12/2017 9:04:53 PM

CaelNCSU
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On June 27th, 2011:

Quote :
"bitcoin is the beanie babies of our time"


$100 @ $17.01/btc = 5.8btc

October 10th, 2017:

5.8btc = $34,000

[Edited on October 12, 2017 at 10:59 PM. Reason : a]

10/12/2017 10:58:02 PM

Wickerman
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Cardano is the new kid on the block.

10/14/2017 10:45:40 PM

Dentaldamn
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Ethereum is giving me a panic attack.

10/15/2017 6:23:46 AM

smoothcrim
Universal Magnetic!
18698 Posts
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A friend bought a house in gettysburg with bitcoin. He mined them when they were worth like 1/20 of a cent. He still has probly half a mil

10/15/2017 10:35:11 PM

Wickerman
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^^ Why? bcos of the fork?

10/16/2017 8:29:31 AM

ssjamind
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if only we had all bought a bunch when this thread was created..

10/16/2017 7:48:48 PM

CaelNCSU
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https://www.cnbc.com/2017/10/31/cme-plans-to-launch-bitcoin-futures-by-year-end.html

Quote :
"
CME announced Tuesday it plans to launch bitcoin futures in the fourth quarter, pending regulatory review.

Bitcoin rose to a record high above $6,400 Tuesday morning, according to CoinDesk, after the announcement by the world's largest futures exchange."

10/31/2017 5:42:28 PM

Wickerman
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$7,200. The other currencies seem to be going down a bit. Its almost like people are dumping their other positions and going all in on BTC. ETH is a good buy now.

11/2/2017 10:03:42 AM

Dentaldamn
All American
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I'm going to assume any move I make the opposite of it will be profitable.

11/2/2017 12:31:41 PM

aaronburro
Sup, B
52093 Posts
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a purchase of $500 worth of BTC 5 years ago would now be worth a 1/4mil. Poop

11/4/2017 4:51:30 PM

CaelNCSU
All American
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It's cool, you guys probably didn't want to have to worry a lot more about taxes or where to store your airplanes.

11/5/2017 11:08:16 AM

KeB
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https://www.theguardian.com/technology/2017/nov/08/cryptocurrency-300m-dollars-stolen-bug-ether

Quote :
"More than $300m of cryptocurrency has been lost after a series of bugs in a popular digital wallet service led one curious developer to accidentally take control of and then lock up the funds, according to reports.

Unlike most cryptocurrency hacks, however, the money wasn’t deliberately taken: it was effectively destroyed by accident. The lost money was in the form of Ether, the tradable currency that fuels the Ethereum distributed app platform, and was kept in digital multi-signature wallets built by a developer called Parity. These wallets require more than one user to enter their key before funds can be transferred.

On Tuesday Parity revealed that, while fixing a bug that let hackers steal $32m out of few multi-signature wallets, it had inadvertently left a second flaw in its systems that allowed one user to become the sole owner of every single multi-signature wallet.

Q&A
What is cryptocurrency?

Show
The user, “devops199”, triggered the flaw apparently by accident. When they realised what they had done, they attempted to undo the damage by deleting the code which had transferred ownership of the funds. Rather than returning the money, however, that simply locked all the funds in those multisignature wallets permanently, with no way to access them.

“This means that currently no funds can be moved out of the multi-sig wallets,” Parity says in a security advisory.

Effectively, a user accidentally stole hundreds of wallets simultaneously, and then set them on fire in a panic while trying to give them back.

“We are analysing the situation and will release an update with further details shortly,” Parity told users.

Hard fork
Some are pushing for a “hard fork” of Ethereum, which would undo the damage by effectively asking 51% of the currency’s users to agree to pretend that it had never happened in the first place. That would require a change to the code that controls ethereum, and then that change to be adopted by the majority of the user base. The risk is that some of the community refuses to accept the change, resulting in a split into two parallel groups.

Such an act isn’t unheard of: another hack, two years ago, of an Ethereum app called the DAO resulted in $150m being stolen. The hard fork was successful then, but the money stolen represented a much larger portion of the entire Ethereum market than the $300m lost to Parity.

The lost $300m follows the discovery of bug in July that led to the theft of $32m in ether from just three multisignature wallets. A marathon coding and hacking effort was required to secure another $208m against theft. Patching that bug led to the flaw in Parity’s system that devops199 triggered by accident.

Parity says that it is unable to confirm the actual amount lost, but that the $300m figure is “purely speculative”. The company also disputes that the currency is “lost”, arguing that “frozen” is more accurate. But if it is frozen, it appears that no-one has the ability to unfreeze the funds.

“The Parity vulnerability was the result of an incorrectly coded smart contract used by the Parity wallet to store tokens on the Ethereum network,” said Dominic Williams, founder of blockchain firm DFINITY. “The vulnerability made it possible for anyone to ‘freeze’ the tokens held by that smart contract, making them immovable. At this time, the only method we are aware of to ‘unfreeze’ tokens held by the vulnerable smart contract would be to create a new ‘hard fork’ Ethereum client that deploys a fix. This would require every full node on the Ethereum network to upgrade by the date of the hard fork to stay in sync, including all miners, wallets, exchanges, etc.”

Ethereum has rapidly become the second most important cryptocurrency, after Bitcoin, with its price increasing more than 2,500% over the past year. One token of Ether is now worth a little over $285, up from $8 in January.

This article’s original headline has been amended for greater clarity. The original version of this article also suggested Parity introduced a new flaw into the system; the company did not introduce the flaw into the system, but did fail to eradicate it. "


Interesting that you can just make up the rules as you go along. Pretend that didn't happen lol

11/8/2017 1:10:34 PM

0EPII1
All American
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Well, you can do what you like when you are talking about imaginary currency!

11/8/2017 2:15:04 PM

aaronburro
Sup, B
52093 Posts
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took a huge hit last week, with SegWit2x not going live. Gonna be all kinds of choas this week

11/12/2017 4:06:28 PM

BobbyDigital
HomieDOESplayDat
41774 Posts
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Quote :
" if only we had all bought a bunch when this thread was created.."


I for one, kick myself every time I think of it.

too late now.

(perhaps i'll kick myself in 5 years about this reply)

11/16/2017 9:25:30 AM

moron
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32735 Posts
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I panicked sold my relatively small holding at $5800 thinking it would slide to $4000

Turned out $5800 was the bottom

I never thought it would break $2000

Looks like famine and war in some place Africa is what’s driving the price up (going for $15k there for a btc)

Maybe I’m late to the party with this realization but bitcoins ability to be a global store of wealth seems to what drives its value. Just like a federal reserve setting interest rates helps stabilize national currencies, the global forces that cause people to need to transfer wealth to/from bitcoin seems to keep it growing despite high transaction fees.

I’m not sure where the top is but I think it’s reasonable to believe we’re not even close to it.

Forbes just wrote an article speculating it’s in the millions

Ironically this is the epitome of what globalization was supposed to do. It’s a great equalizer.

11/16/2017 11:46:00 PM

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