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I'm conducting a Twitter poll right now regarding the Legacy Bitcoin odds of a chain spiral of death. Please complete the Twitter poll. It's free. Thank you! "I'm thinking about getting back into $BTC. What are the odds of a chain spiral of death?" — Jared Schlar (@jaredsc) November 21, 2017 The results are in and out of 728 votes, 29% of people said there was no likelihood of a chain spiral of death. Versus 71% said there is some odds of a chain spiral of death. View the image for exact details.

Back in 2014 I had some money invested in Cryptsy. Unfortunately, they are no longer in business but I'm wondering if it is possible to recoup some of the coins I had on that site. At the time I had: Ripple (XRP), PayCoin (XPY), Nxt (NXT), Other Coins I understand that there is a PayCoin lawsuit going on right now. How do I opt into that suit? If anyone can provide more information that would be helpful regarding Cryptsy or these matters, please leave a comment. Thanks. Learn more information about hack .

As I have touched on in a previous post there are several known risks with Bitcoin Legacy aka Bitcoin Core right now. You can read my previous post here: https://www.jaredschlar.com/2017/11/now-that-bitcoin-segwit2x-fork-passed.html Bitcoin Legacy has some problems: Bitcoin Legacy - Chain Death Spiral. If you want to read more about this potential problem from an expert visit - https://bitcoinandtheblockchain.blogspot.com/2017/08/chain-death-spiral-fatal-bitcoin.html Bitcoin Legacy - Severe network congestion. There are about 58MB in the pool right now for Bitcoin Legacy vs Bitcoin Cash which is .1MB. Bitcoin Legacy - Civil War with BCH and other contentious groups. There may be another fork coming in January. We shall see. This brings up a good point which is unless you are 100% confident in holding one coin, it’s best to diversify into multiple coins.

NEO also known as Chinese Ethereum is expected to benefit in the long run due to rules being implemented by the Chinese authorities with respect to ICOs. This is due to the fact that NEO already adheres to rules proposed by Chinese regulatory authorities. As such, many are considering NEO, the first public blockchain of China to transform into one of the leading digital platforms in the country. After the Chinese regulatory announcement the Altcoin did take a tumble and reached its lowest point of around $13.29 by the end of September from its top level of $48 with a network cap beyond the threshold of $2.5 billion (way back in August). However, steady trading volume has helped the coin recover and reach value of $26 (in the initial period of October), which is actually a hundred percent rise from the lowest point it reached after the PBoc ruling about ban on ICOs. The Positive NEO Trends Inclusion in Bitfinex: A positive achievement for NEO is that recently it has been

This is a great video which discusses the future of Bitcoin, Ethereum and ICOs. The most interesting part is at the 1 hour mark where Craig Wright explains some of the future technology which will exist in Bitcoin Cash or does already. I was super impressed after watching it and suggest you do the same. 1GB blocks are not the end goal. Block size will get bigger and bigger over time. Hard forks will become the norm, not shunned. According to Craig Wright in the video, hard forks occurred all the time in early days of Bitcoin. The way you determine if new changes to the software will work is by testing. In the end, the market will decide which coin to value the highest not influencers. Economics still works as long as the data sources are not corrupt. Please watch the video. You will be glad you did.

Now that the Bitcoin Segwit2x fork has passed, Coinbase has unlocked trading of BTC again. There may be some selling off of Bitcoin (BTC). It is unlikely to get (B2X) coins right now according to Coinbase. Bitcoin (BTC) has some problems: BTC - Chain spiral of death. BTC - Severe network congestion. BTC - Civil War with BCH and other contentious groups. Ethereum (ETH) and Bitcoin Cash are looking pretty good right now. Bitcoin Cash (BCH) is currently 25% more profitable to mine then Bitcoin (BTC). Learn more information about hard fork .

Based on my sources the reason for the BCH dump today is because GBTC started selling their BCH holdings to pay a dividend to shareholders. Their goal is to sell about 170,000 BCH over time. This will end eventually as it was based on the holdings of GBTC after the August 1st fork.   Everybody keep calm and be patient.

It is my understanding that the Bitcoin Segwit2x (B2X) still has a small probability of happening. This is because a faction of miners still believes in it despite the major market players calling it cancelled. This would enable protection for Bitcoin (BTC) owners who are susceptible to chain spiral of death due to Bitcoin Cash (BCH). Since BTC has no Emergency Difficulty Adjustment, if there is another crazy spike in Bitcoin Cash (BCH), which in my opinion is likely, all buyers of Bitcoin (BTC) after the August 1 Bitcoin Cash (BCH) fork have no protection. This is a big deal because many people new to Bitcoin (BTC) may have invested large sums of money with no understanding that it could go to zero. We will see if this hard fork occurs around tomorrow or not. It is very exciting times to be involved in crypto currencies. It’s probably a good idea to have at least some exposure to Bitcoin Cash (BCH) to ensure that you have some diversification in the event of another black swan. I

Based on recent news I am more bullish on Bitcoin Cash than ever before. Just recently the CME chairman announced that Bitcoin futures will be listed as early as next month. According to a prominent crypto VC, this news signifies that Bitcoin will be able to be shorted. This is a large problem if you have (BTC) because Wall Street and Crypto Valley are not yet on the same page. I can envision large market forces attempting to damage (BTC). Luckily, if you have Bitcoin Cash (BCH), this is not a problem. Some of the same forces that short (BTC) may actually long (BCH) which may result in another huge pump. Roger Ver is likely transitioning more of his 300,000 BTC into Bitcoin Cash. Keep in mind Bitcoin Cash has only been live since August 1st 2017 and has already bulged to the second highest network cap in crypto. This is not by error. Additionally, Mike Novogratz has been buying Bitcoin over the weekend. He is likely responsible for the uptick in price as his firm bought $15-$20

Bitcoin (BTC) hash rate just dropped 50% nearly overnight. It's currently 70.3% more profitable to mine Bitcoin Cash instead of BTC. Bitcoin (BTC) fees rising.

Bitcoin Cash Overtakes Ethereum to be #2 in Market Cap - $30 Billion on November 12.

Since Segwit activation on 23 August, the Segwit2X team had endured 2 months of relentless bashing from the small blockers , all the while remaining mostly silent. So what happened between October 26 and November 8? It can't be for the lack of consensus which was the reason given. They already knew there was never going to be consensus. Something unexpected happened, causing them to push the "kill" switch. What was it? Read more free content on JaredSchlar.com .