I don't understand what its relationship is with China.

Is it completely China based? Hong Kong? Why does it have anything to do with China at all? That's an automatic turn off to every other customer in the world. It seems like a ridiculous place to have any type of association with.

They're certainly stepping up with the pairings though.

Nope. They paid their own fees to move the coins into your wallet. You're paying your fees to move them on again. Every time they move someone pays.

Fees are based on the size of the transaction in data terms, not the amount. Every incoming transaction adds more data that has to paid for when it moves again.

A 2000 BTC transaction with one input would attract less fees to move than a 0.02 BTC transaction with two inputs. You have a shitload. I've paid over £20 in fees a few times with 20-30 input transactions.

There's your answer. That's a lot of transactions by anyone's measure and that fee, rather grimly, doesn't sound too outrageous these days.

Doesn't blockchain.info give you any control over your fees? If it doesn't then you need to import into a wallet that does and then wait for a quiet period to put it through with a lower fee. Weekends tend to be better.

I'm DJing at someone's circumcision at the weekend. That song is so damned catchy I'm going to play it all night and nothing but, with a financial warning beforehand of course.

I just rushed to their thread to sign up and this little fella reckons it's the creation of my dream man.



I am sooo sold. And I'm printing that face on my entire ceiling.

It's hard to find the words. But who can resist something that gives you financial independence and makes you smile? Nothing's ever done that for me before other than dead aunties who left some cash in their will, but not before pulling my plonker around when no one was looking while they still breathed.

Bunch of fucking slackers. Almost all the posts are a smiley or a heart. They can kiss the internet's arse if that's any type of real thread. You could do the same with a bot.

Of course there'll still be drama, but the drama that's worked up until this point has been Bitcoin's imminent demise. People STILL believe that now despite everything.

That seemed more than possible at a $200 doldrum. It's still just about small enough for things like ETH and BCH to convince enough people that they're going to eat BTC's lunch.

If it's 5-10-20x bigger by then for starters there's no way a pretender can get anywhere close to flippening, there'll be that many more people involved and invested. China is done and dusted for now at least. Places like the US will be compelled to clarify where it all stands.

Bitcoin will be entrenched deeper in every possible way. You'll still be able to scare people but not in the full drama queen mode that works now.

It might be like comparing Apple in the late 90s to today. Back then it could've gone either way which gave certain fears to play on. These days the same fears are inconceivable.

Halvening of course, but I expect most of the crap that's blighted Bitcoin over the last few years to be resolved, or ignored, by then.

That goes for proper regulatory clarity, decreased media stupidity, scaling to be on its way to being settled and the traditional agitators mad or broke by that point. The weight of normal people and deeper pockets will be enough to drown out the people on the fringes who currently are too loud.

No doubt there'll be other drama, but the current batch will largely be over.

I don't think we'll get a confirmed trend in either direction until the fork situation is a lot clearer or completely resolved. Until then people will be attributing too much meaning to any old moves that happen.

You don't get an epic bull run ending before you know the conclusion of something that might upend absolutely everything for a while at least.

I've always had the feeling that 2020 was going to be the year of years. My opinion on that hasn't changed one bit. That's when we start to get a glimpse of the true potential of the whole thing.

Blimey. I haven't been paying enough attention clearly. That's a lot of volume in anyone's book.

I wonder whether they had a fork policy in place when the fund was created. Back then it must've seemed like an extraordinarily remote possibility. And I wonder whether the SEC is even more pleased they didn't approve funds that replicated like mushrooms.

I thought they called the top at $4800 and then it was going to crash down to $1800? Or have both of those already happened? It's all getting a bit hazy. I think there was an $1800 crash but I'm not sure whether they called it beforehand.

On the surface at least it has far more compelling backing, but at the same time there are some gaping holes too. No one's commented on code, future development, how to address the people unhappy with it or pretty much anything beyond gluing a 2 to the name.

If this really is the usurping of Bitcoin it's not a very professional job.

That's being worked on. A bunch of people on Telegram put together an exchange listing group, but the man with the plan spoke to someone on the NEM foundation and learnt that they themselves are on it.

It looks like if there's the need to cough up to get on to more exchanges it'll be considered properly which is a worthwhile use of funds rather than airy fairy marketing.

And Poloniex, Bittrex and Bitfinex are all USDT. That's not good enough.

Wow. Have you ever added up how much gain you've given up on? What do you do to earn it? If it was via trading and sig campaigns and so on I don't really see why anyone would sell it unless they had a pressing need to. Mining is a different matter as there are immediate expenses to meet.

If you don't have any faith in BTC by now then when are you going to get some?

None of my business of course, just curious.

I wonder where you find a buyer for that quantity of an alt other than the Bitmain crew. It's a big fat pile of money for anyone to cough up. Is it done on exchanges? Is there enough volume?

Similarly I'd love to know how Xapo got rid of theirs.  

USDT is only worth what some other moron on Kraken is going to give you for it. Kraken is pretty much the one and only place on the planet where you can turn USDT into real dollars. You certainly can't do it via the actual creators of USDT. As Kraken volume is tiny it's one of the stupidest things anyone can do.

There's enough to real USD out there. Go an convert it into that with one of the numerous services that can.

No one knows anything and as a result of that no one can tell you anything either.

The best thing anyone who wants in can is spread their buys over a longer period of time. That evens out the highs and the lows.

No one bothers with Coinbase apart from chump change.

If I had that type of money to get rid of then I'd go OTC. A broker matches a buyer with a seller. There are no limits, no verification crap and the deal is tailored.

Once you're beyond a certain level then retail level simply isn't good enough any more. You also have options like the Gemini daily auction but OTC makes the most sense by far.