As @brianphobos said, it is certainly "interesting" indeed...that's a nice word, I'd go with disconcerting...then again, I've only been investing in BTC and cryptos for a few months, I don't have years of experience yet.
"This fork is not efficient for the real world if this is going to happen once a year or ten years, even though after the fork it may help." > I completely agree, but do you think that will really happen every year or so? I thought the point was that it's going to be (hopefully) faster now so and won't need to continuously upgrade it every year.
"Wow, so i hope you traded all your assets to Bitcoin the last few days, the price on all cryptos assets will keep going down until the Bitcoin fork is over." > I do have about 25% of my crypto assets in other altcoins. It's hard watching them drop, but I've decided to bite the bullet since I'm in this for the long term. I hope that within the next few months they'll bounce back. #fingerscrossed :D
It is a very interesting time for sure. I don't trust any of the exchanges for the most part. Whenever I send anything to Poloniex, Bittrex, or HitBTC I just send a little and make sure it shows up and I can withdraw whatever I'm trading to before I do bigger trades. It will be super interesting seeing what happens with this fork.
Just curious, why do you use all 3 (Poloniex, Bittrex, or HitBTC )? I mainly use Bittrex, and then bought a bit of Veritaseum with Etherdelta and used Bitfinex for EOS.
I like to have accounts everywhere because sometimes withdraws are shut off at certain ones or there are issues. So if I have all the exchanges in my tool kit I can figure out a way to execute the trades I want to.
Plus each exchange offers different things sometimes. Like HitBTC is going to have the Bitcoin Cash market. They already have the futures market for it just gives another option to go to once I recover my Bitcoin Cash after the fork.
Yep, makes sense. Bittrex should have Bitcoin Cash as well though, and knock on wood I've had good luck with them so far, they haven't been down yet in my experience. (Don't even get me started though on Coinbase's down time!)
Very good and detailed post. I was wondering if Poloniex or any other exchanges that not make a decision have big chances to benefit from their client's Bitcoins and thats why they do not support any specific blockchain . What do you think?
Just wait and buy more cryptos :D
Upvoted and followed!
As @brianphobos said, it is certainly "interesting" indeed...that's a nice word, I'd go with disconcerting...then again, I've only been investing in BTC and cryptos for a few months, I don't have years of experience yet.
"This fork is not efficient for the real world if this is going to happen once a year or ten years, even though after the fork it may help." > I completely agree, but do you think that will really happen every year or so? I thought the point was that it's going to be (hopefully) faster now so and won't need to continuously upgrade it every year.
"Wow, so i hope you traded all your assets to Bitcoin the last few days, the price on all cryptos assets will keep going down until the Bitcoin fork is over." > I do have about 25% of my crypto assets in other altcoins. It's hard watching them drop, but I've decided to bite the bullet since I'm in this for the long term. I hope that within the next few months they'll bounce back. #fingerscrossed :D
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It is a very interesting time for sure. I don't trust any of the exchanges for the most part. Whenever I send anything to Poloniex, Bittrex, or HitBTC I just send a little and make sure it shows up and I can withdraw whatever I'm trading to before I do bigger trades. It will be super interesting seeing what happens with this fork.
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Just curious, why do you use all 3 (Poloniex, Bittrex, or HitBTC )? I mainly use Bittrex, and then bought a bit of Veritaseum with Etherdelta and used Bitfinex for EOS.
PS - Followed you too ;)
I like to have accounts everywhere because sometimes withdraws are shut off at certain ones or there are issues. So if I have all the exchanges in my tool kit I can figure out a way to execute the trades I want to.
Plus each exchange offers different things sometimes. Like HitBTC is going to have the Bitcoin Cash market. They already have the futures market for it just gives another option to go to once I recover my Bitcoin Cash after the fork.
Yep, makes sense. Bittrex should have Bitcoin Cash as well though, and knock on wood I've had good luck with them so far, they haven't been down yet in my experience. (Don't even get me started though on Coinbase's down time!)
Merci pour votre article qui est très bien fait de votre part.
Good Post brother @bola Upvoted
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Very good and detailed post. I was wondering if Poloniex or any other exchanges that not make a decision have big chances to benefit from their client's Bitcoins and thats why they do not support any specific blockchain . What do you think?
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I was thinking about it because the profit can be huge. Thank you.
Buyer beware on any exchange. Get in and get out ASAP. My latest article on Analysis of Steem's Economy
Are you following the ATBcoin ICO?
https://atbcoin.com?ref=HJxfrbpS-