1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

What do people think about Bitcoin?

Discussion in 'BBS Hangout' started by Spooner, Jan 25, 2014.

?

What is the fate of Bitcoin?

  1. Currency of the future

    35.0%
  2. Passing Fad

    65.0%
  1. prohibido

    prohibido Member

    Joined:
    Apr 2, 2015
    Messages:
    261
    Likes Received:
    235
    Yes, the receiving wallet knows to expect the transfer. When I go clicking around on that side there is a sort of FAQ that responds to the question of why my transfer has no confirmations, and the answer is because you didn't pay a high enough transfer fee, dumbass. Which is fine, you know, except that I paid what the outbound exchange's algorithm suggested (as I have done before), and in looking at other transfers happening now in real time it does not seem that the amount I paid per byte is out of whack with whatever else is being moved around.

    I would definitely appreciate your taking a look. Here's what I'm seeing:

    https://blockchain.info/tx/bbea503d990a946879e50f18a2d577e927e9b035b42f711c04228914013f2905
     
  2. CCity Zero

    CCity Zero Member

    Joined:
    Nov 28, 2014
    Messages:
    7,275
    Likes Received:
    3,513
    What are the exchanges you guys use? Coinbase or is something else recommended?
     
  3. Yung-T

    Yung-T Member

    Joined:
    Apr 16, 2009
    Messages:
    24,403
    Likes Received:
    7,048
    Depends on what currency you're trying to buy or trade, solely btc?
     
  4. LongTimeFan

    LongTimeFan Contributing Member

    Joined:
    Oct 6, 2001
    Messages:
    7,757
    Likes Received:
    963
    I'm seeing the same info you've laid out -- in the unconfirmed pool, likely to miners not liking the fees involved. I would hang tight for right now, as frustrating as that is -- I don't think it's been 24 hours yet. I don't know of a way to speed up the confirmation process after it's been sent.

    It would be more concerning if it was confirmed and never arrived. If you still don't have your money by tomorrow, I might start contacting Xapp support to see what they can do. Actually, won't hurt to start bugging them now - squeaky wheel gets the grease?
     
    prohibido likes this.
  5. prohibido

    prohibido Member

    Joined:
    Apr 2, 2015
    Messages:
    261
    Likes Received:
    235
    Thanks. I did reach out to them but they are not famous for their outstanding support. I do not believe that is unusual among exchanges.

    As I said, it's puzzling to me because unless I'm looking at this completely wrong, the fee I paid per byte is not out of line with the transfers one can watch happen right now in real time. Which is why I'm wondering if Xapo is somehow dropping the ball.
     
  6. mrm32

    mrm32 Member

    Joined:
    Jun 26, 2006
    Messages:
    10,457
    Likes Received:
    2,327
    Which apps do you guys recommend to track various crypto currencies?
     
  7. clutch citizen

    clutch citizen Contributing Member

    Joined:
    Jul 8, 2003
    Messages:
    5,326
    Likes Received:
    2,089
    Has anyone used bitcoin as a medium to exchange from one country currency to another? I’ve been waiting to transfer PHP to USD but haven’t seen the sweet point in the rate. Trying to minimize or eliminate fees in the conversion.
     
  8. DudeWah

    DudeWah Member

    Joined:
    Oct 10, 2007
    Messages:
    9,643
    Likes Received:
    3,523
    Bitcoin is out of control atm.

    There’s been no reason for the value to jump from $1700 in July to $17000 today.

    This is unsustainable growth because of rampant manipulation. Welcome to a “free market.”

    There’s massive fear of missing out going on right now and a lot of people are going to get burned.
     
  9. kevC

    kevC Contributing Member

    Joined:
    Jul 19, 2007
    Messages:
    7,394
    Likes Received:
    5,117
    Also, maybe not?
     
    DudeWah likes this.
  10. rezdawg

    rezdawg Contributing Member

    Joined:
    Feb 15, 2000
    Messages:
    18,351
    Likes Received:
    1,148
    It was a joke... Thats why I said, "someone tell me I'm wrong"... Just so I stop envisioning a complete meltdown come Monday. I have no evidence of anything and the numbers are just made up shenanigans.
     
    Yung-T likes this.
  11. tallanvor

    tallanvor Contributing Member

    Joined:
    Oct 9, 2007
    Messages:
    17,128
    Likes Received:
    8,862
    same arguments have been made since 2013
     
  12. kevC

    kevC Contributing Member

    Joined:
    Jul 19, 2007
    Messages:
    7,394
    Likes Received:
    5,117
    I made $300 or so in bitcoin today. I made $200 in mutual funds today on a very bull day. I have 75x more money in mutual funds. Clearly I should move it all over to BTC right?
     
  13. LongTimeFan

    LongTimeFan Contributing Member

    Joined:
    Oct 6, 2001
    Messages:
    7,757
    Likes Received:
    963
    Blockfolio, Delta, and Coin Ticker are good for tracking your portfolio.

    HODL is simple and easy to look at app to track lots of coins. It doesn't keep track of your own portfolio though.

    Can't tell if you're joking as you asked the same a few pages before, but no lol. Granted you can always invest more in Bitcoin, but I would not recommend going all-in with your safety net. "Only put in what you can afford to lose."
     
    mrm32 and Yung-T like this.
  14. tallanvor

    tallanvor Contributing Member

    Joined:
    Oct 9, 2007
    Messages:
    17,128
    Likes Received:
    8,862
    crypto widgets. I do mine similar to the bottom ones but without the exchange showing (so just the price)

    [​IMG]
     
  15. Yung-T

    Yung-T Member

    Joined:
    Apr 16, 2009
    Messages:
    24,403
    Likes Received:
    7,048
    Okay, difficult to see who's serious over the internet.

    Too many people are throwing out precise numbers and are telling people to sell, buy, wait etc, have seen a lot of morons losing money because of thinking of themselves as trading experts.
     
  16. rezdawg

    rezdawg Contributing Member

    Joined:
    Feb 15, 2000
    Messages:
    18,351
    Likes Received:
    1,148
    I'm expecting a decent correction, but no idea how much. Imo, it could be 1k or 4k or whatever.

    If it crashes, I buy...if not, I continue to hodl. Either way, it's great entertainment.
     
    DudeWah likes this.
  17. LongTimeFan

    LongTimeFan Contributing Member

    Joined:
    Oct 6, 2001
    Messages:
    7,757
    Likes Received:
    963
    Y’all just gonna act like it didn’t correct from 19K to 16K just today?:D
     
  18. Commodore

    Commodore Contributing Member

    Joined:
    Dec 15, 2007
    Messages:
    31,076
    Likes Received:
    14,646
  19. The Real Shady

    The Real Shady Contributing Member

    Joined:
    Jun 8, 2000
    Messages:
    17,170
    Likes Received:
    3,966
    Pushing higher again. So 20k tomorrow?
     
  20. The Real Shady

    The Real Shady Contributing Member

    Joined:
    Jun 8, 2000
    Messages:
    17,170
    Likes Received:
    3,966

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now