Status: 0/unconfirmed, broadcast through 3 nodes Date: 6/3/2014 22:49 To: uki KGjxFyWbYU51NKQjLPxWsFq2yWAFvvbmHT Debit: -30.00 KTK To: adjiadjo KAenTSz8KTyz7TwqrzYDNbHTiwGK6Pf9q2 Debit: -10.00 KTK To: itsmeram KJGj5gRjzv53NXdF8s1mNN25B5xy2BXGMB Debit: -10.00 KTK To: dukektm KU5Y4Jui8YYuYDy36FSAqjRCLz71WzFrpY Debit: -10.00 KTK Transaction fee: -0.01 KTK Net amount: -60.01 KTK Transaction ID: bd22cb32fbb6c4c06e2a41fc7e8a7eba687454cd99ebec2ebc2ce3f2442a8ee8

News, information, and discussions about cryptocurrencies, blockchains, technology, and events. Blockchaintalk is your source for advice on what to mine, technical details, new launch announcements, and advice from trusted members of the community. Cryptocurrencytalk is your source for everything crypto. We love discussing the world of cryptocurrencies.

On June 6, VanEck and SolidX refiled with SEC their updated proposal of bitcoin ETFs. To mitigate SEC's concerns about volatility exposure to retail investors, they make the share backed by real bitcoin and price the ETF per share at 25 bitcoin, which equals about $162,000, in a way to target institutional investors. But the ultimate goal is still to make the ETF accessible to retail investors.


Second, two coins could survive the split, both with their own name and ticker. (In this case Bitcoin ABC seems most likely to get the name “Bitcoin Cash” and “BCH,” but this could differ from one service to the next.) This is where you need to be particularly careful, as there’s no replay protection. When you send one coin you may unintentionally send the other along with it — or vice versa. To avoid this, you need to first split your coins by using a splitting tool, for example, or by sending your coins to an exchange or other type of service that will split the coins and send both back independently. (Again, there’s no rush to do any of this. Until you know what you’re doing, it’s best to do nothing at all.)
Bier’s prediction is based on the reality of the situation rather than personal feelings regarding the technicalities of the upcoming hard fork. It is an informed and wizened view. The economic majority in a cryptocurrency is, in real terms, as important as the mining majority. There are a lot of reasons for this, not the least of which is the cost of the hardware involved in mining cryptocurrencies.
I think now is the best time to start investing in bitcoins, I was able to mine my bitcoins, through the crypto mining investment platform, they are good btc miners,i gain up to 1.5 btc per day and up to $ 6000 from ETH to month. Now I have many bitcoins. A good business man should know that bitcoin would become very expensive, and now should be the right time to invest, well, Interested parties can **Email address removed**, or you can contact them on whatsapp:**Number removed**
The short-term downward price trend of BCH intensified as an increasing number of traders started to short BCH on BitMEX. If BCH had rebounded swiftly, a short squeeze could have led to a speedy recovery. But, a lack of momentum and the sheer intensity of the sell-off led BCH to lose nearly 30 percent of its value within the past eight to nine days.
I used my Android phone to search for “bitcoin wallet” on Google Play, and gave up when it produced around 200 results. Copay was near the top. It only took two minutes to create a wallet, and it prompted me to make a backup: “Watch out! If this device is replaced or this app is deleted, neither you nor BitPay can recover your funds without a backup.”
Laszlo Hanyecz and Jeremy Sturdivant are unfamiliar names to most people, even to many in the crypto community. Yet Laszlo and Jeremy have the distinction of being the first men on record to respectively buy and sell a tangible, real-world asset using bitcoin. Back in 2010, the two traded bitcoins for a couple of pizzas and, in so doing, made history. That’s one small transaction for a couple of guys, one giant economic breakthrough for mankind!

A number of proposals have been made to deal with transaction processing over the years, often focusing on increasing block size. Because the Bitcoin code is not managed by a central authority, changes to the code require buy-in from developers and miners. This consensus-driven approach can lead to proposals taking a long time to finalize. This has resulted in groups creating separate blockchain ledgers using new standards, called a fork. Several forks, such as Bitcoin XT and Bitcoin Unlimited, failed to be adopted by a wide audience. Bitcoin Cash, launched in August 2017, is another fork from Bitcoin Classic.

Design issues. Despite Bitcoin's massive rise in popularity over the past several years, it is not immune to design problems. For example, starting late last year Bitcoin transaction speeds became very slow because of a scaling problem related to the way the Bitcoin blockchain works. (You can read the details here.) That issue did not end up creating the existential crisis for Bitcoin that some analysts predicted, and the problem has now more or less been solved via something called SegWit. Still, the Bitcoin scaling issue was a reminder that a new type of serious problem may creep up in the future that undoes Bitcoin.

If you’re aware of the risks and still willing to take the plunge, this is what you need to know about investing in bitcoin: Cryptocurrencies exist in an unregulated, decentralized digital sphere without involvement by (or protection via) a central bank. This is part of bitcoin’s appeal. People or entities can buy and sell cryptocurrency anonymously, and there are fewer middlemen taking a cut of transactions. But it also means you can’t just buy bitcoin via mainstream investing tools like a brokerage account.


The SEC determined that the proposed bitcoin ETF failed to meet these standards because the markets for bitcoins were unregulated. Of course, the primary problem for future bitcoin-based ETFs is that by their very nature, bitcoins will always trade on an unregulated market. It was surprising then, when just a couple of months later on April 24th, the SEC agreed to review its decision on the creation of a bitcoin ETF. In the four months since the SEC's decision to review its earlier rejection, bitcoin prices have rallied an amazing 163%.
On the demand side, it's fueled by the anticipation that the price will increase. Bitcoin's jacked-up price has been driven by the belief that increasing demand will chase the limited supply. If the current inefficiency in bitcoin as a payment method doesn't get fixed and if the price of bitcoin remains volatile, it won't become widely adopted as instrument of payment. Neither will merchants adopt bitcoin as unit of account. Then demand for bitcoin will remain only speculation-driven.

To secure each block of bitcoin transactions, bitcoin miners must use their computing power to solve a unique math problem provided by the bitcoin software. If a bitcoin miner can solve the math problem before any other bitcoin miner, they will win a “block reward” that consists of all the fees paid by each transaction included in their block, as well as newly generated bitcoin.
Bitcoin Cash (BCC)/BCH is a hard forked version of the original Bitcoin. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and reward system. However, two main differences are the block size limits, as of August 2017 Bitcoin has a 1MB block size limit whereas (BCC)/BCH proposes 8MB blocks. Also, (BCC)/BCH will adjust the difficulty every 6 blocks as opposed to 2016 blocks as with Bitcoin.
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.
Craig Steven Wright has explicitly stated that, in an attempt to ensure only “his” chain survives, he and others will use any hash power under their control to 51%-attack the Bitcoin ABC chain. Such attacks, first speculated about during Bitcoin’s scaling dispute in 2017, could, for example, consist of mining only empty blocks on Bitcoin ABC and “orphaning” (rejecting) any blocks mined by “honest” Bitcoin ABC miners. This would have the effect that no transactions will confirm on the Bitcoin ABC chain at all, and that “honest” miners will be strongly discouraged from mining on it: their hash power would go to waste. If Wright and others successfully take this (rather unprecedented) step, there would not be a meaningful chain-split after all: only the Bitcoin SV chain would survive.
As such, transactions will look identical on both chains. This means that a Bitcoin ABC transaction can be re-transmitted (“replayed”) on the Bitcoin SV chain, having users accidentally spend both. And the other way around: Bitcoin SV transactions can be replayed on Bitcoin ABC. When Ethereum Classic and Ethereum split without replay protection in 2016, this caused significant losses to unprepared exchanges, like Coinbase. Therefore, this time many exchanges and other service providers will halt withdrawals and/or deposits for some time.
Once you have a Bitcoin wallet, you use a traditional payment method such as credit card, bank transfer (ACH), or debit card to buy Bitcoins on a Bitcoin exchange (example: Coinbase). The Bitcoins are then transferred to your wallet. The availability of the above payment methods is subject to the area of jurisdiction and exchange chosen. Here is a screenshot of the Bitcoin interface showing how to buy and sell not just Bitcoin but also Bitcoin Cash, Ethereum and Litecoin​, which are other popular virtual currencies. As you see, it's as straightforward as clicking on the "Buy" tab if you want to buy, and "Sell" tab if you want to sell. You select which currency you are buying/selling and which payment method (your bank account or credit card) you want to use.
Second, two coins could survive the split, both with their own name and ticker. (In this case Bitcoin ABC seems most likely to get the name “Bitcoin Cash” and “BCH,” but this could differ from one service to the next.) This is where you need to be particularly careful, as there’s no replay protection. When you send one coin you may unintentionally send the other along with it — or vice versa. To avoid this, you need to first split your coins by using a splitting tool, for example, or by sending your coins to an exchange or other type of service that will split the coins and send both back independently. (Again, there’s no rush to do any of this. Until you know what you’re doing, it’s best to do nothing at all.)

Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original Bitcoin Core software. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience.
Most people are intimidated by cryptocurrencies but this is the very reason why you should be invested.* Taking the first step earlier than the masses will give you an edge, both in terms of potential gains and experience. I won’t try to sugarcoat it, it will be a steep learning curve but it will be worth it. Don’t wait for the heard and be a pioneer, learn and invest in digital currencies now and reap the rewards.
Bitcoin functions as the "reserve" currency of cryptocurrency. So it is very hard to buy other coins without first buying bitcoins. Once you purchase the bitcoins you can convert the bitcoins into other cryptocoins. This is mostly because Bitcoin has very good liquidity and is traded on every cryptocurrency exchange. So most coins are traded against Bitcoin rather than the US dollar or other fiat currencies.
×