The Bitcoin Thread

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wanted to buy more btc on luno now and keep getting a error cannot convert currency try again later FFS
 
How many people were wishing they'd bought more at R200K a few days ago. Well now's your chance...

Remember: when everyone is greedy be fearful, when everyone is fearful be greedy.

Just don't invest money that you can't afford to be without for a few weeks\months!
 
If you own bitcoin at the time of any fork, you already have the private key of your public key on the new forked blockchain because its exactly the same key. What happens is a duplicate of the blockchain is created; an exact replica. The only difference is the blocks after the fork will have different characteristics. Your private key is still the only one which can unlock your public key

If you understand this concept, you will know that even if every two weeks a hard fork occurs, your two year-old private key will still work if you held bitcoin at the time of the initial fork, so you can claim all the coins that were forked since the initial fork, provided you DID own bitcoin at the time.

How do you claim, that's up to the owners of the new coin, they'll usually create an app or some exchanges will start supporting this new coin.

Be VERY, VERY careful!!! Your private key can unlock all previous iterations of its corresponding public key on any previous iterations where said public key was used.

In other words, if you import your private key to www.comeclaimfortehlulz.com, they can then go back and scan all other blockchains (your coin's fat's grandfather's great-greatgrandfather, etc)...Example, if someone gets hold of your bitcoin cash key, he can not only steal your bitcoin cash, but also your bitcoin core.

Makes complete sense. Thanks.

Just trying to figure my way around Exodus. Will set it up tonight and move it to Exodus tomorrow.

The current volatility just shows the market at the moment. If people just held on instead of selling, the price would rise sharply.

Based on the fact the global price is relatively stable, we should see an increase...
hopefully..
 
can almost cry watching the price go from 150k to 190k in a couple of seconds really. all my liquidity tied up when i bought for 277k..
 
WTF, we are way below the dollar price now. 161K

This always happens during a panic sell off. The rebound will be big, when it comes. Already back at 198000. It's going to bounce around like a whore's ass on pay day for a while though, good for trading if you have the nerve.
 
can almost cry watching the price go from 150k to 190k in a couple of seconds really. all my liquidity tied up when i bought for 277k..

Me too. Bought at R295 000 yesterday. Want to put in more, but I reached my verification 2 level limit on Luno. So waiting for verification.

I actually can't believe there are this many panic sellers.
 
Me too. Bought at R295 000 yesterday. Want to put in more, but I reached my verification 2 level limit on Luno. So waiting for verification.

I actually can't believe there are this many panic sellers.

Those would be all the people who are playing with money they shouldn't be playing with ;)
 
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