I have a serious question here that I'd appreciate any feedback on. Let me preface this by saying I've been mining, hording, and trading BTC and Alts for the last few years, and the upcoming BTC fork on November 16th, 2017, when block #494,784 is mined, is the most concerned I've ever been.  This is why: Up until now the BTC ticker has always been on the "right side" of any forks.  I know that's really just this past summer's fork with BCC because I'm ignoring Bitcoin Gold, but I also think of the ETH fork that led to ETC and how ETH stayed on the right side of that fork (IMHO).  The "big" coins have always maintained the ticker on the right side of the fork. But, I think that all changes with this next fork.  Even if you disagree with me, go with me here, we'll cover that at the end.  If I understand it correctly, and at least going by what Coinbase is going to do, the BTC ticker will stay with the non-segwit fork and the fork

As most of you already know, there are 2 BTC forks happening in the next couple of weeks.  One is the Segwit2x fork scheduled for November 16th, 2017.  The other is the Bitcoin Gold fork, which already happened yesterday, October 23rd, 2017. What is a Fork, why are we doing these forks, and what happens to the coins I hold during a fork are the common questions regarding forks.  Let's dig into each of those a little bit. A "Fork" is just a fancy way of saying someone has made a 2nd copy of the code and decided to take it in a different direction.  For example, imagine you have a team of programmers working on some code to make a crypto coin.  Monday morning arrives and the programmers get in an argument about what features their coin should have.  Some want it to be able to be mined by the general public, others want it all to be issued at once and have no mining support.  Some want it as fast as possible even if that compromises anonymity, others want just the oppo

As per my earlier posts about BitConnect.com and BitFinance.biz, I am getting mixed results and therefore sending out a big caution flag about BitFinance.biz. BitConnect has been doing exactly what they said they'd do.  They've been paying about 1.2% per day for the past 8 weeks or so. BitFinance was doing the same, paying exactly 1.0% per day for the past 4-5 weeks.  I've done several $1250 withdrawals over those weeks, but, I did a withdrawal last week and I did not get paid yet.  Normally I get paid within 24 hours.  That's a warning sign that maybe all is not good.  It still might work out, but until we know for sure I wouldn't recommend putting any money into BitFinance until we know more.

It seems that October of 2017 will be the month of the Fork.   After recently surviving the first Segwit fork a couple months ago, which led to Bitcoin Cash, we now face another "Fork" on October 25th which will create Bitcoin Gold. I use the term "Fork" lightly there because it isn't really a fork, instead it is an air-drop.  That is to say the BTC code isn't really forking like it did for Segwit, but instead on October 25th Bitcoin Gold will magically appear for anyone that holds any BTC. Not much is known about Bitcoin Gold other than it's main purpose is to put more power in the hands of the small minors at the expense of the big mining farms.  Bitcoin Gold will be able to be mined on simple home based PC hardware, whereas regular BTC requires custom build ASIC mining rigs. There is also a big Ethereum (ETH) fork coming in a few days on about October 15th (on block 4,370,000).  That is a true fork and will be the launch of the Byzantium upgra