China may be many things, but third world it isn't. No doubt there are hundreds of millions of utterly skint people there but they're kept neatly hidden from view.

Third world usage really should be the prime driver of it all. They're the ones who have a genuine use case for it. For the fat westerners it's a nice bonus but far from vital. In many a shit hole BTC would totally transform lives. Won't happen for a long time though.

Bitcoin miners don't want third world profits ergo there won't be any provision for them.

I believe something will spring up eventually that does allow anyone anywhere to get a foothold in the online economy. I also believe Bitcoin can never be it in its present form. Lightning Networks won't solve anything of that nature as they require on chain transactions.

Bandwidth?

Downloading is fuck all for most people.

Uploading is where it gets sticky. And then there's general turnover too. I've seen people mention their node getting through over 1 TB a month. Quite a few internet plans would shut you down long before it reaches that.

If we assume 10mb blocks would be full, which is an awful long way away, that's over 10tb a month.

Do keep up. Now the spamming has stopped, either initiated by Barry Silbert and friends or the mining cartels, fees have plummeted again.

And who in their right mind would switch to ETH? Great for pumpage and not much else. If Bitcoin is fucked then I'll be done with crypto.

There's absolutely no way of knowing of course but it feels like an extremely believable figure to me. This is still the cutting edge of nerddom and it's also seething with hostility. Deffo willy owning territory still.

Try sitting through 2014. Everything after that is officially diagnosed as fuck all.

ETH was $10 a few short months ago. If you've lost sight of that then it's better to get that sight back rapidly. People have become far too comfortable with some genuinely ludicrous valuations, especially when it comes to alts.

BTC could easily fall back to low $1000s. So be it. As long as it stays healthy it'll rebound some day.

No one can tell you anything or reassure you. You have to be the one to decide.

All you trading geniuses happened to luck upon a market that's done nothing but explode for months on end.

I'd like to see similar returns when it's doing nothing or falling. That's where the real traders are made and it WILL happen. 

Awesome. I'm going to have an ICO for having a nice sit down. There is literally nothing worse than my government censuring my ability to have a nice sit down. I had to get a VPN just to do that.

Computer nerdery, internet nastiness, taking insane risks. All classically male domains.

Equally I find all the articles demanding women be accommodated rather pathetic. It's all there waiting for them if they're interested enough.

I find it pretty comical the reactions self declared females get on here sometimes. I think there may be rather a lot of fellas with a few issues when it comes to the opposite sex.



Don't forget kittens. Womenz likes kittens. When I have a woman and I want to do man things like have conversations about facts and things, I give it a kitten to coo over and then find a man to talk to. The kitten usually keeps it happy for 24 hours but I have to leave it instructions not to cuddle it to death. A couple of powerful slaps usually sends the message over.

Why aren't you considering GDAX, Gemini or Itbit?

Kraken's USD uses a piece of shit third party that has a habit of losing or locking your money. Bitstamp are legit but they're so anal about KYC there's no way I'd use them any more.

As an American you have some great options denied to people elsewhere. Make use of them.

It depends on the reason for the skyrocket. Alts would've fallen through the floor if the ETF had passed because Bitcoin would then be at a level of legitimacy they couldn't attain.

Perhaps if there's successful scaling that goes smoothly that'll take away some of the perceived 'benefits' of alts too and they'll fall, even though it's all fictional anyway.

So you're advising him to make 79 successful trades in a row.

I would love to meet a person capable of doing that as the only person who could would be either a time traveller or God.

I think alts will crater stunningly very soon. I'd wait for that first before entering with any money.

You're fucking batty.

Ripple as a value proposition outside pumpage doesn't appear to exist to me. No bank is going to use something exposed to market forces. As with all these alts all these 'xxx is adopting us' = adapting the code and buggering off.

If Bitcoin splinters or gets taken over by a bunch of suits then your best bet is dollars and then turning them into a bunch of car washes.

He's well known for his macho handshake action.

When someone pulls that on me I like to caress their balls at the same time. It's gentler and strangely disarming, for me at least.

They're everywhere, not just crypto. The difference is that in traditional markets it can be against the law. There's no such thing with crypto. Perhaps there will some day as it's outrageously blatant.

There are plenty that are more expensive per unit. But almost without fail it's a stupid gimmick. I suggest you go all in on 42 coin. But before you do take into account the total number of units.

I don't see how Jihancoin could be taken seriously by the rest of the scene.

If it was then I'd get rid of my bitcoins. I'd maybe keep a hand in with certain alts. It would be a signal of BTC's failure for me.

At best it's price neutral. People swapping alts for BTC takes place on alt exchanges. Bitcoins aren't for sale for dollars on there.

More likely it's price negative. If people are dumping alts they'll then sell those bitcoins for dollars or whatever.

And most of that money never really existed anyway. It's all hot air and it's leaking ever faster.

I dunno about that. I think soon enough people are going to realise that no crypto project will ever turn any actual profit, let alone bother to pay anyone back. Of course there are the token sales to greater fools to make up for that.

But a legit business fundable with crypto that has nothing to with crypto might be an unexpected hit.

You'd have to fix the exchanges rates and so on but I'd be interested to see someone attempt it. There's a huge amount of wealth tied up in crypto doing absolutely nothing and you might get some actual business people who have a vague clue what they're doing. Not the usual crypto dolts.

141 was never, ever going to happen. 95% is a totally unrealistic figure, albeit appealing to the unworldly. There's enough miners who are completely uninformed about new developments to make up that 5%, let alone ones who don't want it.

Let's see if 148 amounts to anything. I get the impression that potential miners of it are supposed to remain stealthy until the vital moment.