Nope. There are enough alts trying to do completely different things. Many shouldn't be considered currencies or stores of value at all despite having a price tag attached to them.
The one thing that would be disruptive with a dead Bitcoin would be the markets. I don't know what the gateway currency or prime trading pair would become. It would be figured out in time though.
If Bitcoin was discarded by way of its trust being destroyed, either forking into oblivion or dilution or corporate hijacking, I'm not sure that sets a healthy precedent for any other alt though. If it could happen to BTC it could happen to anything. That might undermine confidence in the entire space.
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It's about time it made some inroads into property, though buying property is by far the more interesting use. I'm sure there are lots of people who'd like to do that. As far as I know a Bitcoin sale in the UK hasn't happened yet though a few have been thrown up for sale.
The idea of co-living sends shudders down my spine but good luck to them anyway.
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Do you find it troublesome to see how much interest waned from 2004 to 2009 though? We could see such a decline again What did Jesus get up to in 2004?
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After following the instruction of claiming the BCH using the electron cash model, after I typed in the entire 12 seeds from blockchain.info, its still not proceeding to where I get to see my BCH. Is there anything I am missing in the sense that after I input everything the "next" was still disabled.
Are you absolutely certain you downloaded from the official site? Did you let it auto complete the BIP39 word list? If you have an android device then try Coinomi instead. I'd rather be using an established program than a new one.
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Exactly, What have Monero and Bitcoin do with different Etehreum ICOs? Are people so stupid? Who are this people? Paris Hilton?
Plenty. People have to buy BTC so they can buy into ETH depending on what exchange they favour. The alt explosion was no doubt a factor in Bitcoin's rise because of that.
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One of the key questions is whether you deal with USD or EUR. If you do then add a few million dollars extra for licencing and compliance. And even if you remain alt only it's likely similar regulations will eventually descend on you.
It's the type of idea that seems cool until you start pricing up the actual details and dangers.
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I've sold all my bitcoins, bitcoin is dead now. Sell everything while you can, I've warned you.
Gosh.
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But Bitstamp works and always has. I think I could part with another 81c for the use of an exchange that didn't fail constantly. I dunno how deep their market is there though. I find it really weird how Kraken continue to blow it. They're well positioned and have a decent enough track record. Maybe someone'll buy it out and make it work.
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There've been something like over 60 China only ICOs that we haven't really heard about and those are the ones attracting the PBOC's ire.
Until the last few months there was nowhere a Chinese person could buy ETH, let alone all the other ICO pretender shite.
And did you not notice the almost complete closure of the Chinese market for several months? The price went through the roof while they were dozing. China's significant of course but it's not and never has been the be all and end all despite the endless years the zero fee exchanges made very other market their bitch.
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The trouble is, they are the only exchange that allow SEPA withdrawals for a small fee (just 9 cents). Others like HITBTC charge 35 euros.
I keep hoping Kraken will solve their problems. I'm sure they're working on it, but have just been overwhelmed by the number of new users.
What about Bitstamp? or Bitcoin.de? Even when the markets were quiet there was no shortage of people moaning when Kraken buckled if there was a minor blip of excitement. It's quite clearly never been fit for purpose.
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Many thanks for taking the time to reply. I almost understand ... I know about the 12 word seed (I have that stored safely). However I don't know anything about electron wallet I could have a mess around, but I'm guessing there's a link someone could post I really appreciate this !!!!! Make sure you've moved the Bitcoin out of the wallet first. I'd use Coinomi instead of Electron Cash. There's a guide on how to do it here - https://medium.com/@coinomi/collecting-your-free-bitcoin-cash-coins-44fcc6008bb6Thank you for the submission but I want to ask, what if I had transferred the btc out to another wallet say electrum from blockchain.info can I still claim my BCH? And two what if I now have my btcs in about two or more wallets, does that mean I will have to download several electron cash softwares to be able to use it and get my BCH?
They're now separate blockchains that split on that date. If you had coins in a wallet on August 1st that's the wallet the BCH will still be in regardless of where your bitcoins went afterwards.
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Well, I guess it's time to pack up and go home then. Thanks nobody poster for pointing out something that's been staring us in the face for years. Closing all my accounts now.
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This'll end up far worse than Gox unless it either fades away or is brought to heel. It's worked its way into multiple exchanges. The people behind are such autists that they don't seem to think there's any type of problem.
I really wish the Bitfinex crew had buggered off years ago. They're the major cancer on this market and need to be sliced out.
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Kraken's always been shit. Now it seems extra shit with a dollop of particularly pungent shit on top. They may never have been hacked, but they've certainly screwed enough people with their non functionality.
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"buy when there's blood in the streets"
This isn't blood in the streets, this is the knife entering the skin in slow motion, the bleeding has hardly even begun. I dunno. This news gave me insta AIDS which is the worst type.
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The Swedish thing is an ETN. As far as I know there are no tax advantages. Also ETNs don't have to be backed by the real asset, but that one voluntarily is. It's not really comparable to a properly put together ETF.
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Luckily it's not irrevocably tied to the ICO thing like ETH is.
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Meh- this is the same as the many Bitcoin bans- they are going to investigate 60 ICO platforms - regulate and then ICOs will be back on the table..
China just wants to get their hands around the space..
ICOs will be back - china has already started down the path.. The identity/Law chains and working with OnChain and more Recently NEO- there has been too much done already for a 180.
They are just securing the ramps here imo.
What will emerge will be "sanctioned" ICOs done in a specific way
In other words China is about to go big ICOs imo
There is so much money being raised in China ATM
This is China bans Bitcoin all over again - and we all know how that turned out
What's in it for the Chinese government? 99% of ICOs will turn out to be worthless shite even if they're legitimised. Any country that shuts down its stock market won't be well disposed to let something as empty as ICOs flourish.
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Is anyone surprised by this? Bitcoin looks positively benign compared to the perceived damage unfettered ICOs could do. I expect more of this in other countries too. The writing was on the wall, doused in fuel and set on fire.
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