Official Bitcoin Thread

[spamandsugar]

wait what...our coins aren't safe on exchanges right now?

 

[Platinum State]

Heres a coin I think you guys should check out!
https://coinmarketcap.com/currencies/signatum/#social
Official Telegram Group

Every new coin gets pumped when it releases and then takes a dump. And this coin released literally july 24th.

 

[sneaker savant]

wait what...our coins aren't safe on exchanges right now?

This is the most useful article I've found so far:
https://www.bitsonline.com/bitcoin-wallet-ready-hard-fork-august/

 

[pauliepeppas]

So basically I should be moving my coins off of coinbase and to a wallet where both coins are acceptedafter the fork? Seems like if people stay on coinbase theyll be missing out. Correct me if I am wrong

 

[ninjahood]

wait what...our coins aren't safe on exchanges right now?

of course not, you think if Bitcoin tanks coinbase is gonna be left holding da bag? lol.

think economic collapse in Greece where they froze withdrawals.

 

[Bert.]

So basically I should be moving my coins off of coinbase and to a wallet where both coins are acceptedafter the fork? Seems like if people stay on coinbase theyll be missing out. Correct me if I am wrong

I think coinbase sent out emails although my account didn't receive an email? saying you have a little before August 1st to move your coins out otherwise sometimes before august 1st they will stop all withdrawing, buying, etc for BTC

 

[putting in work]

What about the other ones on coinbase?

ETH, and LTC.

FFFFFFFFFFFFFFFFFFFFF.........

I'm going to use the shape****er that someone posted about earlier to move the coins to LTC or ETH or an alt or something when I get home from work.

 

[geeplus]

What about the other ones on coinbase?

ETH, and LTC.

FFFFFFFFFFFFFFFFFFFFF.........

I'm going to use the shape****er that someone posted about earlier to move the coins to LTC or ETH or an alt or something when I get home from work.

ETH and LTC aren't in the fork.

 

[Bert.]

What about the other ones on coinbase?

ETH, and LTC.

FFFFFFFFFFFFFFFFFFFFF.........

I'm going to use the shape****er that someone posted about earlier to move the coins to LTC or ETH or an alt or something when I get home from work.

those are fine so don't worry

 

[degenerate423]

I think coinbase sent out emails although my account didn't receive an email? saying you have a little before August 1st to move your coins out otherwise sometimes before august 1st they will stop all withdrawing, buying, etc for BTC

Yeah, they did, here's the e-mail:

Dear Coinbase Customer,

We are contacting you to make you aware of recent developments in a number of proposals for technical changes to Bitcoin. All BTC stored on Coinbase will remain safe during these events described below.

The User Activated Hard Fork (UAHF) is a proposal to increase the Bitcoin block size scheduled to activate on August 1. The UAHF is incompatible with the current Bitcoin ruleset and will create a separate blockchain. Should UAHF activate on August 1, Coinbase will not support the new blockchain or its associated coin.

The User Activated Soft Fork (UASF) is a proposal to adopt Segregated Witness on the Bitcoin blockchain and could result in network instability. It is scheduled to activate at the same time as the UAHF.

To ensure the safety of customers’ funds, we will temporarily suspend BTC deposits, withdrawals, and buy/sell starting approximately 4 hours before activation of either fork.

• If you do not wish to have access to UAHF coins, and do not wish to access your BTC during the fork, you are not required to take any action.
• If you do wish to have access to UAHF coins or access your BTC during the fork, you should send your BTC from Coinbase to your external address by July 31.

For more information on these potential Bitcoin forks, please refer to this article: https://support.coinbase.com/customer/portal/articles/2844217-uahf-uasf-faq.

Thank you,

Coinbase Team

 

[yanky]

Finally get my ledger nano s this week

 

[degenerate423]

Another e-mail from Coinbase:

Dear Coinbase Customer,

We wanted to provide an update on proposed changes to the Bitcoin network and what that means for bitcoin stored on Coinbase. You can read more about what a digital currency fork is https://blog.coinbase.com/what-is-a-bitcoin-fork-cba07fe73ef1.

Our first priority is the safety of customer funds. In the event of a fork, customer fiat currency (USD, EUR and GBP) and digital currencies (bitcoin, ether and litecoin) are safe.

On August 1st, 2017 there is a proposal to make changes to the bitcoin software. This proposal, known as Bitcoin Cash, is likely to create a fork in the Bitcoin network. This means that after August 1st, 2017 there are likely to be two versions of the Bitcoin blockchain and two separate digital currencies.

In the event of two separate blockchains after August 1, 2017 we will only support one version. We have no plans to support the Bitcoin Cash fork. We have made this decision because it is hard to predict how long the alternative version of bitcoin will survive and if Bitcoin Cash will have future market value.

This means if there are two separate digital currencies – bitcoin (BTC) and bitcoin cash (BCC) – customers with Bitcoin stored on Coinbase will only have access to the current version of bitcoin we support (BTC). Customers will not have access to, or be able to withdraw, bitcoin cash (BCC).

Customers who wish to access both bitcoin (BTC) and bitcoin cash (BCC) need to withdraw bitcoin stored on Coinbase before 11.59 pm PT July 31, 2017. If you do not wish to access bitcoin cash (BCC) then no action is required.

We plan to temporarily suspend bitcoin buy / sells, deposits and withdrawals on August 1, 2017 as the fork is likely to cause disruption to the bitcoin network. This means your funds will be safe but you will be unable to access your bitcoin (BTC) for a short period of time.

We will keep you updated on this event through our blog, status pageand Twitter.

Thank you,

Coinbase Team

 

[geeplus]

basically the same standard message their all saying at this point. If you want some extra **** take your coins otherwise you good.

 

[americangenius]

Bitcoin rallying, everyone seems to be dumping altcoins to get a piece of there possible fork. Fully expect BTC to pass ATH today.

 

[goldenchild9]

Got my first deposit from Genesis mining today

 

[capital sb]

What you mining? I need to upgrade my Dash hashing power.

 

[goldenchild9]

Mining that **** that makes you soul burn slow right now lol (Ether)

What altcoins y'all messing with?

 

[Platinum State]

Mining that **** that makes you soul burn slow right now lol (Ether)

What altcoins y'all messing with?

Waves, NEO (formerly Antshares), Stratis and Lisk somewhat.
Boutta get into UBIQ, PIVX and Komodo

 

[geeplus]

Got my first deposit from Genesis mining today

how much? Is it worth the time?

 

[goldenchild9]

Waves, NEO (formerly Antshares), Stratis and Lisk somewhat.
Boutta get into UBIQ, PIVX and Komodo

Interesting. Gonna look into em.

how much? Is it worth the time?

It cost $60 for 2 Megahash of Ether mining (2 years worth)...at the current price of Ether, you'd make your investment back in around 8 months, less if the price increases. You'd have to decide if that is worth your time. Pretty good deal for me. Even better if we use each other's discount codes to get it cheaper.

 

[block506]

anyone here moved their BTC to a paper wallet? or is that dumb lol

 

[loowee]

It cost $60 for 2 Megahash of Ether mining (2 years worth)...at the current price of Ether, you'd make your investment back in around 8 months, less if the price increases. You'd have to decide if that is worth your time. Pretty good deal for me. Even better if we use each other's discount codes to get it cheaper.

discount code?

 

[jkallday]

hows everybody doing? im doing great since i got all this free cash from BCC. anybody need me to pay their rent. shout out to Diego and AF1982 LOL

 

[gm0ney561]

hows everybody doing? im doing great since i got all this free cash from BCC. anybody need me to pay their rent. shout out to Diego and AF1982 LOL

Lol you a savage. What are you planning to do with your BCC? Flip it hold it invest back in BTC or ALT's? Curious

 

[americangenius]

hows everybody doing? im doing great since i got all this free cash from BCC. anybody need me to pay their rent. shout out to Diego and AF1982 LOL

Hype off of this free money, think I might dump all the BCH while it's hot.