The Bitcoin Thread

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How long has it taken you guys to transfer bitcoin between exchanges
 
SlowInternet said:
Another noob question from me. When this Lightning Bitcoin Hardfork happens will there be "free" coins ? And if/when it happens I presume you should not have your BTC on Luno exchange but in a wallet.
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Add to that, does the wallet have to support Lightning? my BTC is in Jaxx right now.
 
Chris_the_Brit said:
Bit of a head-scratcher right now.

All of BitCoin, Ethereum and BitCoin Cash going down in tandem with each other.
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Yeah, I'm going to sit this one out and hold. Yesterday I sold twice when it looked like it was going to keep going down but it turned around immediately afterwards so I couldn't buy for cheaper than I sold.
 
rakabos3 said:
Ok it can stop dropping now
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Nah...this is some much needed pullback from what must be some of the craziest price action in history. I'd be happy for it to go back to $12 000 and become a bit less vertical.
 
SlowInternet said:
Another noob question from me. When this Lightning Bitcoin Hardfork happens will there be "free" coins ? And if/when it happens I presume you should not have your BTC on Luno exchange but in a wallet.
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As long as you have your private key, you will be able to claim your share of any forked coin.
On luno, they hold the private keys, so it’s like a lottery if you will get it or not.
So far, they’ve only handed over BCH to people who held BTC with them.
And it doesn’t look good for BTG, or BCD.
So I have my doubts about Lightning Bitcoin...
 
F1 Fan said:
Why shouldn't you have the BTC in your Luno wallet though?
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Because you don’t own your private keys, Luno does.
So in essence, they own your Bitcoin.

They could close shop tomorrow and take all that BTC with them and you can do squat.
 
Anyone having trouble sending coins from Luno? Have a transaction just sitting at pending.
 
Hendrix said:
Because you don’t own your private keys, Luno does.
So in essence, they own your Bitcoin..
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And you can think of your private keys like an address for where your Bitcoin lives on the blockchain. When your bitcoin is on an exchange...they have that address and you don't.
 
saor said:
Nah...this is some much needed pullback from what must be some of the craziest price action in history. I'd be happy for it to go back to $12 000 and become a bit less vertical.
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Dont care what level they drag it back to - can they just get it over with. Really hinders my trading.
 
We need Voicy to sell now so that the price starts going up again.

Edit: Looks like it bounced off $15k on Bitfinex. Lets see if it holds/increases.
 
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