What to Do if Your Bitcoin Transaction Gets "Stuck"

Bitcoin Price Prediction 2020

Bitcoin Price Prediction 2020
Bitcoin is a digital and fully decentralized currency. Decentralization of the network is the main goal of the Bitcoin. The fundamental achievement of bitcoin is its genuine peer-to-peer payment system; no person or even institution was “in charge” of bitcoin.
by StealthEX
Three main ideas were embedded in the Bitcoin code:
• Bitcoin should not be regulated by anyone.
• Its emission should not be infinite.
• The cost of a coin depends on its demand.
The maximum number of bitcoins – 21 million, and the possibility of their extraction were laid in the bitcoin algorithm.
Bitcoin “halving” occurred on 11 May 2020. This means that its miners’ remuneration was halved.

Bitcoin statistics

Source: CoinMarketCap, Data was taken on 19 May 2020.
Current Price $9,672.54
ROI since launch 7,048.96%
Market Cap $177,790,148,642
Market Rank #1
Circulating Supply 18,380,918 BTC
Total Supply 18,380,918 BTC

Bitcoin achievements and future plans

Bitcoin in 2019:

Bitcoin Core released:
• Improved Partially Signed Bitcoin Transaction (PSBT) support and added support for output script descriptors. This allowed it to be used with the first released version of the Hardware Wallet Interface (HWI).
• Implemented the new CPFP carve-out mempool policy, added initial support for BIP158-style compact block filters (currently RPC only), improved security by disabling protocols such as BIP37 bloom filters and BIP70 payment requests by default. It also switches GUI users to bech32 addresses by default.
LND released:
• Support for Static Channel Backups (SCBs) that help users recover any funds settled in their LN channels even if they’ve lost their recent channel state.
• Improved autopilot to help users open new channels, plus built-in compatibility with Lightning Loop for moving funds onchain without closing a channel or using a custodian.
• Added support for using a watchtower to guard your channels when you’re offline.
• Added support for a more extensible onion format, improved backup safety, and improved the watchtower support.
Other:
• Its price has more than doubled.
• For the first time in history Bitcoin was assigned a rating of “A”.
• British court recognized Bitcoin as property.
• The second largest in Germany and ninth in Europe, the Stuttgart Stock Exchange launched Bitcoin spot trading.
• In Russia, for the first time, Bitcoin was added to the authorized capital of a company.
• Bitcoin Named the Best Asset of the Decade by Bank of America Merrill Lynch.

Bitcoin in 2020:

• Focus on the Lightning Network. The continuation of work on c-lightning (Blockstream), Eclair (ACINQ), LND (Lightning Labs) and Rust Lightning to develop the protocol.
• Expectation of the SchnorTaproot softfork in 2020 or 2021 that is improvement in fungibility, privacy, scalability and functionality.
Bitcoin “halving” occurred on 11 May 2020.
• Amid the general crisis caused by coronavirus pandemic (COVID-19) and the depreciation of money, the Bitcoin value is growing.

Bitcoin Technical Analysis

Source: TradingView, Data was taken on 19 May 2020.

Bitcoin Price Prediction 2020

TradingBeasts BTC price prediction

The Bitcoin price is forecasted to reach $8,681 (-10.25%) by the beginning of June 2020. At the end of 2020 BTC price will be $8,345 (-13.72%).

Wallet investor Bitcoin price prediction

Bitcoin price prediction: maximum price by the end of December 2020 $13,559 (+40.19%), a minimum price $7,886 (-18.47%).

DigitalCoinPrice Bitcoin forecast

There will be a positive trend in the future and the BTC might be good for investing. BTC price will be equal to $22,501 at the end of 2020 (+132.63%).

Crypto-Rating BTC price forecast

Based on historical data Bitcoin price will be at $12,272 (+26.87%) in 1 week and $13,338 (+37.90%) in 1 month. Analysis of the cryptocurrency market shows that Bitcoin price may reach $18,679 (+93.11%) by the 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies.

Buy Bitcoin at StealthEX

Bitcoin (BTC) is available for exchange on StealthEX with a low fee. Follow these easy steps:
✔ Choose the pair and the amount for your exchange. For example ETH to BTC.
✔ Press the “Start exchange” button.
✔ Provide the recipient address to which the coins will be transferred.
✔ Move your cryptocurrency for the exchange.
✔ Receive your coins.
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
Original article was posted on https://stealthex.io/blog/2020/05/19/bitcoin-price-prediction-2020/
submitted by Stealthex_io to u/Stealthex_io [link] [comments]

History Lesson for new VIA Viacoin Investors

Viacoin is an open source cryptocurrency project, based on the Bitcoin blockchain. Publicly introduced on the crypto market in mid 2014, Viacoin integrates decentralized asset transaction on the blockchain, reaching speeds that have never seen before on cryptocurrencies. This Scrypt based, Proof of Work coin was created to try contrast Bitcoin’s structural problems, mainly the congested blockchain delays that inhibit microtransaction as this currency transitions from digital money to a gold-like, mean of solid value storage. Bitcoin Core developers Peter Todd and Btc have been working on this currency and ameliorated it until they was able to reach a lightning fast speed of 24 second per block. These incredible speeds are just one of the features that come with the implementation of Lightning Network, and and make Bitcoin slow transactions a thing of the past. To achieve such a dramatic improvement in performance, the developers modified Viacoin so that its OP_RETURN has been extended to 80 bytes, reducing tx and bloat sizes, overcoming multi signature hacks; the integration of ECDSA optimized C library allowed this coin to reach significant speedup for raw signature validation, making it perform up to 5 times better. This will mean easy adoption by merchants and vendors, which won’t have to worry anymore with long times between the payment and its approval. Todd role as Chief Scientist and Advisor has been proven the right choice for this coin, thanks to his focus on Tree Chains, a ground breaking feature that will fix the main problems revolving around Bitcoin, such as scalability issues and the troubles for the Viacoin miners to keep a reputation on the blockchain in a decentralized mining environment. Thanks to Todd’s expertise in sidechains, the future of this crypto currency will see the implementation of an alternative blockchain that is not linear. According to the developer, the chains are too unregulated when it comes to trying to establish a strong connection between the operations happening on one chain and what happens elsewhere. Merged mining, scalability and safety are at risk and tackling these problems is mandatory in order to create a new, disruptive crypto technology. Tree Chains are going to be the basis for a broader use and a series of protocols that are going to allow users and developers to use Viacoin’s blockchain not just to mine and store coins, but just like other new crypto currencies to allow the creation of secure, decentralized consensus systems living on the blockchain The commander role on this BIP9 compatible coin’s development team has now been taken by a programmer from the Netherlands called Romano, which has a great fan base in the cryptocurrency community thanks to his progressive views on the future of the world of cryptos. He’s in strong favor of SegWit, and considers soft forks on the chain not to be a problem but an opportunity: according to him it will provide an easy method to enable scripting upgrades and the implementation of other features that the market has been looking for, such as peer to peer layers for compact block relay. Segregation Witness allows increased capacity, ends transactions malleability, makes scripting upgradeable, and reduces UTXO set. Because of these reasons, Viacoin Core 0.13 is already SegWit ready and is awaiting for signaling.
Together with implementation of SegWit, Romano has recently been working on finalizing the implementation of merged mining, something that has never been done with altcoins. Merged mining allows users to mine more than one block chain at the same time, this means that every hash the miner does contributes to the total hash rate of all currencies, and as a result they are all more secure. This release pre-announcement resulted in a market spike, showing how interested the market is in the inclusion of these features in the coin core and blockchain. The developer has been introducing several of these features, ranging from a Hierarchical Deterministic key (HD key) generation that allows all Viacoin users to backup their wallets, to a compact block relay, which decreases block propagation times on the peer to peer network; this creates a healthier network and a better baseline relay security margin. Viacoin’s support for relative locktime allows users and miners to time-lock a transaction, this means that a new transaction will be prevented until a relative time change is achieved with a new OP code, OP_CHECKSEQUENCEVERITY, which allows the execution of a script based on the age of the amount that is being spent. Support for Child-Pays-For-Parent procedures in Viacoin has been successfully enabled, CPFP will alleviate the problem of transactions that stuck for a long period in the unconfirmed limbo, either because of network bottlenecks or lack of funds to pay the fee. Thanks to this method, an algorithm will selects transactions based on federate inclusive unconfirmed ancestor transaction; this means that a low fee transaction will be more likely to get picked up by miners if another transaction with an higher fee that speeds its output gets relayed. Several optimizations have been implemented in the blockchain to allow its scaling to proceed freely, ranging from pruning of the chain itsel to save disk space, to optimizing memory use thanks to mempool transaction filtering. UTXO cache has also been optimization, further allowing for significant faster transaction times. Anonymity of transaction has been ameliorated, thanks to increased TOR support by the development team. This feature will help keep this crypto currency secure and the identity of who works on it safe; this has been proven essential, especially considering how Viacoin’s future is right now focused on segwit and lightning network . Onion technology used in TOR has also been included in the routing of transactions, rapid payments and instant transaction on bi directional payment channels in total anonymity. Payments Viacoin’s anonymity is one of the main items of this year’s roadmap, and by the end of 2017 we’ll be able to see Viacoin’s latest secure payment technology, called Styx, implemented on its blockchain. This unlinkable anonymous atomic payment hub combines off-the-blockchain cryptographic computations, thanks to Viacoin’s scriptin functionalities, and makes use of security RSA assumptions, ROM and Elliptic Curve digital signature Algorithm; this will allow participants to make fast, anonymous transfer funds with zero knowledge contingent payment proof. Wallets already offer strong privacy, thanks to transactions being broadcasted once only; this increases anonymity, since it can’t be used to link IPs and TXs. In the future of this coin we’ll also see hardware wallets support reaching 100%, with Trezor and Nano ledger support. These small, key-chain devices connect to the user’s computer to store their private keys and sign transactions in a safe environment. Including Viacoin in these wallets is a smart move, because they are targeted towards people that are outside of hardcore cryptocurrency users circle and guarantees exposure to this currency. The more casual users hear of this coin, the faster they’re going to adopt it, being sure of it’s safety and reliability. In last October, Viacoin price has seen a strong decline, probably linked to one big online retailer building a decentralized crypto stock exchange based on the Counterparty protocol. As usual with crypto currencties, it’s easy to misunderstand the market fluctuations and assume that a temporary underperforming coin is a sign of lack of strength. The change in the development team certainly helped with Viacoin losing value, but by watching the coin graphs it’s easy to see how this momentary change in price is turning out to be just one of those gentle chart dips that precede a sky rocketing surge in price. Romano is working hard on features and focusing on their implementation, keeping his head low rather than pushing on strong marketing like other alt coins are doing. All this investment on ground breaking properties, most of which are unique to this coin, means that Viacoin is one of those well kept secret in the market. Minimal order books and lack of large investors offering liquidity also help keep this coin in a low-key position, something that is changing as support for larger books is growing. As soon as the market notices this coin and investments go up, we are going to see a rapid surge in the market price, around the 10000 mark by the beginning of January 2018 or late February. Instead of focusing on a public ICO like every altcoin, which means a sudden spike in price followed by inclusion on new exchanges that will dry up volume, this crypto coin is growing slowly under the radar while it’s being well tested and boxes on the roadmap get checked off, one after the other. Romano is constantly working on it and the community around this coin knows, such a strong pack of followers is a feature that no other alt currency has and it’s what will bring it back to the top of the coin market in the near future. His attitude towards miners that are opposed to SegWit is another strong feature to add to Viacoin, especially because of what he thinks of F2Pool and Bitmain’s politics towards soft forks. The Chinese mining groups seem scared that once alternative crypto coins switch to it they’re going to lose leveraging power for what concerns Bitcoin’s future and won’t be able to speculate on the mining and trading market as much as they have been doing in the past, especially for what concerns the marketing market.
It’s refreshing to see such dedication and releases being pushed at a constant manner, the only way to have structural changes in how crypto currencies work can only happen when the accent is put on development and not on just trying to convince the market. This strategy is less flashy and makes sure the road is ready for the inevitable increase in the userbase. It’s always difficult to forecast the future, especially when it concerns alternative coins when Bitcoin is raising so fast. A long term strategy suggestion would be to get around 1BTC worth of this cryptocoin as soon as possible and just hold on it: thanks to the features that are being rolled in as within 6 months there is going to be an easy gain to be made in the order of 5 to 10 times the initial investment. Using the recent market dip will make sure that the returns are maximized. What makes Viacoin an excellent opportunity right now is that the price is low and designed to rise fast, as its Lightning Network features become more mainstream. Lightning Network is secure, instant payment that aren’t going to be held back by confirmation bottlenecks, a blockchain capable to scale to the billions of transactions mark, extremely low fees that do not inhibit micropayments and cross-chain atomic swap that allow transaction across blockchain without the need of a third party custodians. These features mean that the future of this coin is going to be bright, and the the dip in price that started just a while ago is going to end soon as the market prepares for the first of August, when when the SegWit drama will affect all crypto markets. The overall trend of viacoin is bullish with a constant uptrend more media attention is expected , when news about the soft fork will spread beyond the inner circle of crypto aficionados and leak in the mainstream finance news networks. Solid coins like Viacoin, with a clear policy towards SegWit, will offer the guarantees that the market will be looking for in times of doubt. INVESTMENT REVIEW Investment Rating :- A+
https://medium.com/@VerthagOG/viacoin-investment-review-ca0982e979bd
submitted by alex61688 to viacoin [link] [comments]

Blockchain.info wallet - pending transaction

Hi,
this is my first post in this subreddit so welcome everyone. Few months ago I played some hyips and got many low-worth transactions to my wallet. I had there 0.04 btc and I wanted to send it to stock - got a 40$ fee. I sent it with a lower one and im having pending payment for a 3 days.
Question is - is there any possibility to cancel this or push it with a lower fee than 40$? If not, how much time I have to wait to get my bitcoins back to wallet?
inb4 - i've read about CPFP
size of payment - 4766 bytes
submitted by xPro8l3m to BitcoinBeginners [link] [comments]

Bitcoin FAQ: What is Stock to Flow? BITCOIN PRICE PLUMMETS IN MINUTES!  WHAT IS NEXT FOR BTC? [2020 new updated] Blockchain unconfirmed transaction script one time verify script Bitcoin Price at $1'000'000 in 2025! Stock to Flow Ratio explained Confirm Bitcoin Transaction Using Double Spend RBF & CPFP 918360809034

The Bitcoin price is forecasted to reach $8,681 (-10.25%) by the beginning of June 2020. At the end of 2020 BTC price will be $8,345 (-13.72%). Wallet investor Bitcoin price prediction. Bitcoin price prediction: maximum price by the end of December 2020 $13,559 (+40.19%), a minimum price $7,886 (-18.47%). DigitalCoinPrice Bitcoin forecast How Does Coinbase Implement CPFP At Institutional Scale? The “Child Pays For Parent” protocol involves two transactions: a child transaction and a parent transaction. A bitcoin transaction is just a series of inputs and outputs. Inputs represent some value (in bitcoin) that is being spent by the sender. Bitcoin Wallet Bitcoin Wallet is easy to use and reliable, while also being secure and fast. Its vision is de-centralization and zero trust; no central service is needed for Bitcoin-related operations. The app is a good choice for non-technical people. This fee is added to the child-pays-for-parent (CPFP) transaction that is used to bump the user's bitcoin transaction fee. CPFP is a process by which the recipient of a transaction can spend the Bitcoin Core is a full Bitcoin client and builds the backbone of the network. It offers high levels of security, privacy, and stability. However, it has fewer features and it takes a lot of space and memory. This means that this wallet allows changing the fees after funds are sent using RBF or CPFP. This wallet also provides fee suggestions

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Bitcoin FAQ: What is Stock to Flow?

Live Stock Scanner 7/1 Pre-market Gap scanner Bullish Bears 262 watching. ... How To Get Your Bitcoin Transaction Confirmed with CPFP - Duration: 7:15. m1xolyd1an 56,805 views. BITCOIN STOCK TO FLOW HINTS TO BULL CYCLE BULLISH AS BTC PRICE MOMENTS AWAY FROM MOVE! - Duration: 8:49. Crypto Capital Venture 3,985 views. 8:49. Trade Genius Stock Market News 12,565 views 17:04 Bitcoin At $1 Million By 2020 Is Still Possible And Might Be A Discount Says James Altucher - Duration: 13:56. Can spam transactions be used to artificially drive up fees in Bitcoin? What is Child Pays for Parent (CPFP)? This is a question from the patron-only live Q&A which took place on February 24th 2018. Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buy at https://swanbitcoin.com Loading... Autoplay When autoplay is enabled, a suggested video will automatically play next.

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