Is today possibly the single largest dollar gain of all time?

Looks like them panic sellers have been played beautifully once more. There'll be more of it. Try not selling and see where you end up.

https://twitter.com/officialmcafee/status/887024683379544065

A bold claim. I'm not sure which is bolder.

Ludicrous but fun all the same. I do believe 2020 is going to be pretty spectacular if Bitcoin remains above ground.

As an aside can anyone tell me when John Mcafee became a Bitcoin mogul? He seems to have appeared out of nowhere relatively recently. When did he first start talking about it?

You are right. Sadly there aren't enough of them on this planet. When we all inhabit asteroids with our chosen societies with like minded people then it's time to give it whirl.

Because each iteration turns out to be shittily put together joke. So they have to slink away and glue a new name on in the hope of attracting more saps.

As Bitmain is introducing their new fork on August 1st we'll see what the market has to say. I think it might consist of two words. The first starts with an F and the seconds ends with two of them.

Visiting Sweden sounds like a giant fucking pain up the arse then. I'd leave with about £500 in extra debit card charges. I guess that's what they want. Why is this to my benefit?

Because consumerism creates the desire for junk that you may believe will make you feel better for a bit. That's a slightly lighter proposition than allowing a gender that would otherwise repulse you run riot all over your toilet area and stick their fingers, tongues, willies and other appendages inside intimate holes in your body.

Unlike everyone else here I appear to be a nature over nurture type. There is nothing anyone can do in any capacity to make me want to fuck a bloke. I simply do not want to and never will. I don't see how some crappily put together pictures and words will change that.

They can move to a new country. The chances are the system there won't be any different or better than where they already are unless it's a full on tax haven. I've been to quite a few. They're utterly ghastly and soulless in the main.

This isn't something suggestible in the manner of spending too much on some new car, it's something that's irrevocably hard wired into people whatever their sexuality may be.

No one can be coerced into desiring something they fundamentally don't desire. If someone turns gay or whatever from watching porn, for starters the fact they're watching gay porn means there's a good chance they're already partially gay.

Not in the slightest. You'd have your old school coins and you'd have access to the Bitmaincoins as well with the same paper wallet. You would of course have to expose your private key to spend them though so you'd have to move your 'real' ones as well to be sure.

Libertarianism is like almost every other credo. It sounds fantastic on paper. As soon as real humans get involved it turns into a fucking nightmare.

People are too selfish, tyrannical and weak minded to make something like true libertarianism work. We're better off with the heap of shit that many put up with at present.

Even though some of the reasoning makes sense on the surface, a libertarian society would be unspeakably depressing and disgusting in real practice.   

The 'cheap coinz' peak was somewhere around $800 just before it nosedived in 2014. That phrase was not uttered for a long, long, long time afterwards despite them being, y'know, cheap.

Probably more than we would like to imagine starting with smart contracts. The vast majority of these 'code is law' people seem to have forgotten that there's an actual law out there that isn't going away.

Properly legally enforcing the link between a tokenised asset and the actual asset itself must be a huge area in waiting, that's if it's possible at all.

Do you need the money? Is it for bills? In which case you certainly should. No point in dicking around.

If you don't immediately need it then perhaps hold back a portion to see what happens.

Of course they'll force it. That's been a long term desire of theirs for years and there are already plenty of restrictions in place. What's even more alarming is that we already have Greece and Cyprus to look to as examples of what they get up to.

No one should be holding coins in an exchange in the most perfect of conditions unless they're for immediate sale. I don't think a contentious fork is anywhere near a possibility.

However Bitmain does intend to create a new forked coin on August 1st by the looks of things with a different name. That being the case you may not get these forked coins unless you control your private keys. Another reason to get off the exchanges.

Nah. The people who are moaning about them are born, educated and kept safe by taxes. I'd say that was a pretty reasonable return. It would be nice to have a say in where it's diverted to or have a sliding scale of services vs payments but they're a necessary evil. The alternative is even more evil.

It reminds me of Lauryn Hill whining about her tax problems saying she was born into a society she didn't give consent for. Join the fuckin' club, darlin'.

https://twitter.com/ViaBTC/status/886798784348532737

So Bitmain and friends will be forking a new chain on August 1st whatever happens by the looks of things, as well as Segwitting on the main one.

I assume we'll all get some of this to play with so what will you be doing with it? Would you dump instantly or hold fire and see what happens?

Some rather deep pockets will be desperately keen to make a success of it so I may hang on to it for a bit for a lark.

It's the minnows' fault if they walk straight into whale hands. Anyone with a little gumption should be able to figure out what the score is. I don't have any sympathy for anyone who follows their programming.

In other news there's this - https://medium.com/@ViaBTC/statement-on-bitcoin-user-activated-hard-fork-6e7aebb67e67

If Bitmain does hard fork it's going to be a new coin with another name. I'd say that was rather positive for everyone.

How do you intend to use it after you've died? I'm struggling to think of many uses myself.

I knew a couple of old boys. One scrimped and saved and lived within his means not really doing anything with his life. The other constantly pissed it up a wall and had the time of his life despite constant money problems. Guess which one had less regrets at the end?