Splitting into two chains doesn't mean you're going to double your money.
Fiat-wise, but number of bitcoins will still double.
Topic: Bitcoin doubler... - page 3. (Read 3519 times)
Fiat-wise, but number of bitcoins will still double.
this will be way worse than the ETH drama split.. just get your FIAT ready and buy the super cheap bitcoins, and wait for 6 months, and bam you are wealthy 
Remember when everyone said that about houses? "Can't lose money buying house." "Houses never drop in value." "Just buy a house and wait for a couple years, then flip it and count your money all the way to the bank."
It worked until it didn't. 2007/2008 was a rude awakening for folks trying to cash in with no work and little common sense. Don't be blind like those people.
Just wait for the start of the crash and buy of there instead (if there even is one).
And yes, there are many attempts people have taken to sayyou should buy certain assets and hold them for as long as possible, most of the time, market predicitions eventually fail at some point.
this will be way worse than the ETH drama split.. just get your FIAT ready and buy the super cheap bitcoins, and wait for 6 months, and bam you are wealthy
Remember when everyone said that about houses? "Can't lose money buying house." "Houses never drop in value." "Just buy a house and wait for a couple years, then flip it and count your money all the way to the bank."
It worked until it didn't. 2007/2008 was a rude awakening for folks trying to cash in with no work and little common sense. Don't be blind like those people.
What are the pros of miners NOT adopting segwit come Aug 1? I'm not sure I understand why they would not want to adopt Segwit as it would speed up transactions significantly.
well they would lose on current amount of fee, if bitcoin can proceed more transactions per seconds, this is a reason, another reason is that they don't like the LN that will come with segwit
other miners are against the 2mb hard fork that coem with segwit2x, it's a bit of a mess, with everyone with their our opinion, the consensus mechaninc here is splittng the chain apart
this will be way worse than the ETH drama split.. just get your FIAT ready and buy the super cheap bitcoins, and wait for 6 months, and bam you are wealthy
Basically I do not know yet what it is bitcoin doubler, but it sounds will very profitable for us. But I wonder how it will work, whether it has a positive or negative impact on bitcoin for the future.
Splitting into two chains doesn't mean you're going to double your money. Each coin's price is going to be determined by market forces, and there's more of a chance that the confusion and loss of confidence associated with a split will cause an overall loss of value than it will for both currencies to continue to appreciate.
Doubler program is very risky, because it is gambling, I tried several times to follow doubler program and finally got scam and regret.
...will be launched on the 1st of August. Are you happy with this?
More like "altcoin airdrop", as all Bitcoin owners will get a new altcoin for free, if it will actually survive the chain split. But as for USD value, it's not unlikely that even combined price of BTC + new altcoin will be below current price for some time. And it's hard to say what would be in an alternative scenario with no fork planned, because current price to some extent was formed by news and plans to improve Bitcoin in the near future.
...will be launched on the 1st of August. Are you happy with this?
Bitcoin doubler isn't such a good word, maybe use a more technical term. It is pretty hard to predict what will happen in the future but this definitely seems possible and the prospect of this happening isn't that unlikely.
What is the best way to prepare for two chains? If I transfer BTC to a core desktop wallet before 8/1, How do I make sure I can spend them on both chains? Will there be a different wallet program compatible with the core wallet.dat?
Well in preparation for August the first, the one thing you must have access to your private keys so I would definitely recommend a buying a ledger wallet or trezor wallet so you will have access to your private keys, which gives you certainly that you won't lose your bitcoin through a hard fork, which is what segwit is. There is
Well, it's hard to predict the future.
Actually no one can do that.
What we can do now is to secure our bitcoin, and wait for what's to come.
I know a lot of people are afraid of august 1st.
It can't be helped.
Actually no one can do that.
What we can do now is to secure our bitcoin, and wait for what's to come.
I know a lot of people are afraid of august 1st.
It can't be helped.
I voted with mixed feelings, because in the first place it will just only coming and we do not know if it's real and if it really happens it seems not good because is there really a bitcoin doubler? It seems fishy because who might give bitcoin doubler in a site?
Let's see what happen, will be interesting
What is the best way to prepare for two chains? If I transfer BTC to a core desktop wallet before 8/1, How do I make sure I can spend them on both chains? Will there be a different wallet program compatible with the core wallet.dat?
All you have to do before august 1st is ensure that you put the coins somewhere you can have full control of them (as in own the private keys that they are based on).
If Core is too big, I suggest something like Electrum.
There are tutorials from electrum as to how to deal with the forked currency as well.
If you want to guarentee it, you could use a pre-segiwt compatible wallet and a regular wallet and use these to get two different currencies from it.
Although, a better option would just be to change the nodes that each wallet connects to and keep them changed to access the two different coins after the chain split (there should be lists somewhere of what currency each node will support after the split and presumably there will be one or two nodes that are trusted and have both cores on the same IP just coming out of different ports).
The current bitcoin core is compatible with both as the "old" currency is the one that is being used now and the "new" currency must be compatible with the core for this to be successful.
What is the best way to prepare for two chains? If I transfer BTC to a core desktop wallet before 8/1, How do I make sure I can spend them on both chains? Will there be a different wallet program compatible with the core wallet.dat?
The uncertainty of 1st August is really not making me happy 
If two coins will exist, hopefully we will get informed for the best practices around here !
Nevertheless, Btc or whatever name it will have after will continue to have potential after 1st August, just have to stabilize all these fork post-changes.
If two coins will exist, hopefully we will get informed for the best practices around here !
Nevertheless, Btc or whatever name it will have after will continue to have potential after 1st August, just have to stabilize all these fork post-changes.
No i don't like it
I am not sure if this will be last fork
I am not sure if this will be last fork
It probably won't be the last.
It's the first, but probably not the last. If the block size changes or there are other changes like that, another fork may be required.
No i don't like it
I am not sure if this will be last fork
I am not sure if this will be last fork
About this I have mixed feelings. I still will wait until everything is clear, because I do not have any feeling what will happen after 1st of August. Hopefully this is not something creepy.
The idea of two seperate chains of bitcoin is quite silly and might look very fishy for the public. Therefore I hope bitcoin will remain in it's current state (chain wise obviously).
There is a lot of uncertainty about what will happen on the first of August. I think is too hasty the hardfork, what will be called the new currency, and the old?
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