The Bitcoin Thread

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What do there forks mean?

Instead of starting a new coin with your own new code, a copy is made of the existing code of bitcoin. This new coin then "forks" the blockchain away into this new coin (Bitcoin Cash, Bitcoin Gold, Bitcoih 2X etc.). Because of this copy at a certain block, you already have coins available of the new coin.

This URL explains it nicely.

http://truebloodlawgroup.com/blog/What-is-the-difference-between-a-Hard-Fork-and-a-Soft-Fork/2524
 
Looking at the sell charts 100k might come way sooner, not much btc for sale before 100k.

Around 10BTC for sale 100k atm.

Damn it all of sudden 15btc at 95k for sale.

Beware if you're not placing orders via the exchange on Luno, you may end up paying way too much if you're making instant buys
 
Why does everyone use Luno? I have been using Ice3X for some time and it works quite well.
Because their deposits are fast (with FNB 5 - 10 minutes), their mobile app is really nice and they've got active staff on these forums dealing with queries and helping out.
 
Why does everyone use Luno? I have been using Ice3X for some time and it works quite well.

Trading volume. Ice3x is fine for small orders. Not easy to fill bigger orders on Ice3x compared to Luno or bigger exchanges. Lower liquidity means it takes longer to buy and sell and you can end up missing out completely on dips and peaks.
 
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