Latest Posts
Bitcoin Price Rejection From New All Time Highs
BTC hits new all time highs but is currently being rejected from those levels with huge volume. Has the top in BTC been set?
CME Bitcoin Futures By End Of 2017
CME BTC Futures
The CME plans to have BTC futures ready by the end of 2017. Bitcoin futures being listed on the CME will put Bitcoin in front of alot more big money investors.
Bitcoin Cash (BCH) is Hard Forking in November 2017
Bitcoin Cash Hard Fork
Bitcoin Cash is set to be hard forked in November 2017. The BCH hard fork will attempt to reverse the emergency difficulty adjustment (EDA) rule which was used to attract miners to the Bitcoin Cash network. A new algorithm would be put in its place that would adjust every 600 seconds, based on the amount of computing power that was provided to the network over the previous 144 blocks. Check out the video to learn more.
Antminer L3+ Profitability Late 2017 – Litecoin ASIC Miner
L3+ Litecoin ASIC Miner Profits in Late 2017
How profitable is the Antminer L3+ in late 2017 when mining Litecoin (LTC)? Watch the video to see the full L3+ profitability breakdown.
Bitcoin Silver (BTSI): Another Bitcoin Hard Fork
Bitcoin Silver Hard Fork
Bitcoin Silver (BTSI) is another proposed hard fork of Bitcoin. Bitcoin Silver implements a new PoW algorithm, Equihash, with a 30 second block time. The fork is planned for some time in December. Bitcoin Silver is very similar to Bitcoin Gold with a change in block time to 30 seconds.
Bitcoin Gold (BTG) Price Falling
BTG Price Falling Fast
Bitcoin Gold opened trading around $500 and is currently sitting in the low $100’s. Where will BTG price end up?
How Low Will BTC GO?
BTC Price Dropping
Is this a Bitcoin Crash? BTC price is dropping but how low will it go? I give my BTC chart analysis.
Bitcoin Gold Under Attack
Bitcoin Gold Website Down
The official Bitcoin Gold website is down due to a DDOS attack. The BTG team says the website is receiving 10M requests per minute and says they are working to get the website back up.
Bitcoin Gold Problems
Problems with Bitcoin Gold (BTG)
Bittrex will not initially be opening a trade market because of the issues Bitcoin Gold has. Bittrex says
“At this time, the information and codebase presented by the Bitcoin Gold team is not in a functional state and Bittrex will not commit to opening a Bitcoin Gold trading market.
Bitcoin Gold intends to perform a wallet balance snapshot at Bitcoin block 491,407 but the actual Bitcoin Gold network will launch publicly at a later undetermined date and time (the only guidance is the statement “after the launch on Nov 1”).
Bitcoin Gold does not currently have:
- Fully formed consensus code
- Implemented replay protection
- Adequate code for testing and auditing
- Publicly known code developers
Bitcoin Gold codebase also contains a private premine of 8,000 blocks (100,000 BTG). Please be aware that if a market does open there is a possibility of the developers selling their premined BTG on the open market.
When considering adding tokens to Bittrex exchange we look at the risks involved. Bitcoin Gold does not satisfy our criteria for safety for our users. Taking a snapshot of the Bittrex exchange Bitcoin wallet is also a large disruptive undertaking that requires over 24 hours of preparation (Bitcoin deposits and withdrawals are also suspended during this time) and should not be taken lightly.
Bittrex will close deposits and withdrawals of Bitcoin 24 hours prior at block 491,263 to the BTG snapshot block 491,407 occurring approximately on October 23, 11pm PT (6am UTC). If any BTC deposits you had sent to Bittrex are not settled (e.g. marked as pending) by block 491,263 you may not be credited with BTG. The wallet will remain closed until the on-exchange snapshot is complete. Trading will remain active during this time.
Bittrex will make all reasonable attempts to credit our users BTG but until we have a fully supported wallet, we can neither guarantee tokens or consider creating a market. We will continue to monitor the state of the codebase and network. We’d also like to encourage the BTG development team to reach out to us.”
https://support.bittrex.com/hc/en-us/articles/115002320451-Statement-on-Bitcoin-Gold-BTG-
Bittrex Exchange Will Support Bitcoin Gold (BTG)
Bittrex will support BTG (Bitcoin Gold). Bittrex says “If you have a Bitcoin (BTC) balance on Bittrex during the BTG snapshot block 491,407 occurring approximately on October 24, 3am PT (10am UTC), you will be additionally credited the equivalent amount of Bitcoin Gold (BTG) on a 1:1 basis. i.e. 1 BTC on Bittrex held during the on-exchange snapshot will get you 1 BTG. BTC held on orders will also be credited. Only the BTC held on your account is eligible for BTG.”
“Bitcoin Gold codebase also contains a private premine of 8,000 blocks (100,000 BTG). Please be aware that if a market does open there is a possibility of the developers selling their premined BTG on the open market.
When considering adding tokens to Bittrex exchange we look at the risks involved. Bitcoin Gold does not satisfy our criteria for safety for our users. Taking a snapshot of the Bittrex exchange Bitcoin wallet is also a large disruptive undertaking that requires over 24 hours of preparation (Bitcoin deposits and withdrawals are also suspended during this time) and should not be taken lightly.
Bittrex will close deposits and withdrawals of Bitcoin (including 2nd layer protocol XCP/OMNI and associated assets) 24 hours prior to the BTG snapshot block 491,407 occurring approximately on October 24, 3am PT (10am UTC). The wallet will remain closed until the on-exchange snapshot is complete. Trading will remain active during this time.
Bittrex will make all reasonable attempts to credit our users BTG but until we have a fully supported wallet, we can neither guarantee tokens or consider creating a market. We will continue to monitor the state of the codebase and network. We’d also like to encourage the BTG development team to reach out to us.”
From https://support.bittrex.com/hc/en-us/articles/115002320451-Statement-on-Bitcoin-Gold-BTG-
