Been away from Bitcoin and cryptos since 2015... What have I missed? - page 2.

BigBoom3599

sr. member

Activity: 462

Merit: 250

Quote from: ?? on ??

Some things that you might need to know or everyone know :
1. Bitcoin price increased to $1.2K again
2. Mining reward now is 25BTC and regular people can't make profit by mining bitcoin
3. Slow transaction confirmation because block is full
3. Debate about SegWit, LN, BU, sidechain, etc
4. Many services accept bitcoin including microsoft, dell and steam. Check these links if you want to know services/merchants that accept bitcoin :
http://bitcoin.directory/
https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/
5. Ponzi/scam investment and fail/scam altcoin investment become common
6. Huh

(Add if there's something that people must know)

You might also find more spammer/scammer and FUDs in this forum.

2. The mining reward is currently 12.5BTC not 25 Tongue

To add:

Ethereum's DAO was hacked which resulted in millions of ether stolen. The Ethereum Foundation and community decided to fork to retrieve the funds, this created a minority fork, Ethereum Classic.
You can look at coinmarketcap for current prices
Bitcoin is in desperate need of a scaling solution, the current average tx fee is $0.50, with 75,000 unconfirmed transactions
The decision for a Bitcoin ETF will be made on 11th of March

Lorenzo

sr. member

Activity: 406

Merit: 250

Quote from: azguard on March 03, 2017, 03:48:14 AM

What you missed?

Let say that for the first time bitcoin is worth more then physical gold (breaking news on all major papers and stock exchanges), new ATH, many scams coin were created in that time while youre were gone. Some coins try hard to take and be replacement for bitcoin.

So many to tell and so little time in this i suggest that you read some crypto related news to try to follow thing that happen in almost 18 month that is quite big period for research and to tell.

Yeah, it's the price rise that got be interested again. It's on the front page of BBC right now.

To be fair, Bitcoin did reach close to $1,200 in November 2013 but only very, very briefly. It was definitely not the sustained long term price trend that we're seeing now. If this upward trend continues past this region and into new territory then things are going to get very interesting very fast. For starters, a lot of people who left during the last bear market will probably be back.

azguard

legendary

Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

What you missed?

Let say that for the first time bitcoin is worth more then physical gold (breaking news on all major papers and stock exchanges), new ATH, many scams coin were created in that time while youre were gone. Some coins try hard to take and be replacement for bitcoin.

So many to tell and so little time in this i suggest that you read some crypto related news to try to follow thing that happen in almost 18 month that is quite big period for research and to tell.

Lorenzo

sr. member

Activity: 406

Merit: 250

Howdy! I knew about Bitcoin since 2011 but only became seriously interested in late 2013 just after the big price rise that happened prior to Mt. Gox going under. I was quite a frequent poster on these forums until the first half of 2015. Then I went to college and studies got in the way of posting so I kind of lost interest in Bitcoin for the most part.

I was pretty deeply involved with the cryptocurrency scene during those months. I bought coins through LocalBitcoins (which I still hold to this day

), gambled with them, ran my own faucets, traded altcoins, printed my own paper wallets, took part in signature campaigns, and mined with USB miners for fun. However, my knowledge of Bitcoin and cryptocurrencies pretty much stops abruptly at around 2015.

So my question is this, what are some of the major developments that I've missed and should know about?

(For example, I remember learning about how GPUs were used to mine BTC in 2011 but that info was well out of date by 2013.)

Topic: Been away from Bitcoin and cryptos since 2015... What have I missed? - page 2. (Read 1517 times)