Author

Topic: small basic BTC situation analysis (Read 108 times)

brand new
Activity: 0
Merit: 0
September 05, 2018, 09:30:34 PM
#4
Announcing MyEtherWallet v3.24.00: Difficulty Bomb&Updating blockchain

Due to the complexity of the Bomb and the increased risk of hacking, we pushed a rather drastic update that implements a number of changes and improvements, including enhancement of efficiency and scalability of the blockchain, acceleration of transaction speed, and additional security in the form new formats private keys which will help protect users against hacking.
If you are using private key or UTC, then you need to go into the wallet and update manually, otherwise they risk being unprotected.

How do i update my Ethereum wallet?

1. Go to our website MyEtherWallet.com
2. Unlock your wallet using your Keystore File (UTC / JSON) or simply use your private key.
3. Click Unlock and wait for the update.

Please note that you need to manually update your wallet, failure to do so may result in funds being lost.

We are taking these measures to protect both you and our network from phishing and malicious attacks.

Thank you for your cooperation and understanding!
MyEtherWallet Security Team.

If you use other methods, then ignore this message.
legendary
Activity: 3444
Merit: 10558
August 14, 2018, 11:02:20 PM
#3
whenever there is a major price change there is also an increase in the number of transactions made on the bitcoin blockchain. these transactions are both people sending their coins to exchanges to sell AND people buying bitcoin on exchanges and sending them to their cold storage. you know that in the market for every sell there is a buy, they don't vanish in the air. so you can't say because there are more transactions then there must be more buys or more sells. there is more buys and sells.
member
Activity: 218
Merit: 11
August 14, 2018, 07:00:52 PM
#2
The 1M block limit the transactions on-chain. Btc can not be better any more.
hero member
Activity: 742
Merit: 501
August 14, 2018, 05:02:06 PM
#1
Amount of TXs in Bitcoin network reached its limit, few hours ago mempool started to grow (higher fees, slower txs). But what does this mean?
Most likely after Asian (timeline based assumption) dump, US based holders are moving their coins to Exchanges to sell!!
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