It improves your life by denying others control over you.

Achieving that can be costly, irritating and a little clunky sometimes but it's one of those things you'll moan about until you truly need it. At that point it all makes perfect sense.

There are many wonderful centralised options ready for you right now. Give 'em a whirl.

Hmm.

Tor.

Custodial Bitcoin wallet.

Now, what might be the most likely end game for such a set up?

It's fairly easy to guess.

Here's a more effective strategy, buy your Amazon gift card with Bitcoin and forward a few screenshots of the transaction. Instant proof that people are buying on Amazon with BTC.

I really don't think we're going to see them bothering any time in the near future though.

I'm not going to pretend to have the slightest clue how it pans out until there are a few actually up and running.



Whisper it, but most people would choose convenience over decentralisation most days of the week. Look at Coinbase.

All an American has to do to see the future of banking is pop over to Europe where it's free, instant and very integrated.

It's incredible that a supposedly first world country has a banking system that's probably outgunned by a small African nation in user friendliness and efficiency. How was allowed to fall so far behind?

Scan your computer right now and see what pops up. That really is the most likely explanation. Electrum is used by thousands and thousands of people and no one has ever reported an issue like this.

The Ether freeze on Poloniex was down to its blockchain grinding to a halt due to ICOs completely swamping it. That's all over now so Ethereum will be just as easily withdrawn as anything else.

Yes. If they can remotely access your computer then they can send it out just as quickly as you can. There might have been something implanted that was waiting. That's a lot of money so it's an incentive for someone to do it for a piddling amount of work.

If you keep posting here your account will be ranked up enough to sign up for a signature campaign. There are a couple that accept junior members which takes 6 weeks to rank up to. It won't be much to start off with but once you get more senior it can be respectable amount.

Check here - https://bitcointalk.org/index.php?topic=615953.0

If it was Electrum itself it would be all over this forum in seconds.

The most likely explanation is that someone else has control of your computer remotely. Have you scanned it from top to bottom?

It's possible Satoshi has over a billion worth. But there's a galaxy of difference between a billion worth and a billion actually realised. Until the markets are far, far deeper than they are now it's nothing but paper gains and very theoretical ones at that.

It's hardly the Maldives. Flights within Europe cost about 50 Euros. Companies can spend countless thousands on a new toilet strategy.

Having said that it's pretty stunning that such a high profile operation has precisely nothing to show for all that money so far.

I've seen a fair few pics of the homeless with QR codes and so on. Obviously they'd need certain amount of infrastructure but everyone has a phone these days. I guess you could do cash via localbitcoins.

It's not as silly as it sounds.

You could be hit by a meteorite tomorrow. At some point you actually have to start enjoying your money. And I assume no one is going to spend their last BTC on a trip to nail ladyboys.

And then it almost entirely evaporated again. I hope he isn't comparing it to that trajectory because that would be bad news for everyone involved.

I do believe many people here take a shockingly short sighted view of valuations. They could be absolutely gargantuan in a relatively short space of time. I wonder how many here right now will still be here to see it if it comes to pass.

I wonder whether there'll be attempts to meddle with the block rewards and total number of coins in the years to come.

It's inconceivable now but who knows what attitudes will be like in a few decades? I wonder whether the principles will be set firmly in stone or there'll be enough greed to break them.

If we knew the info would be everywhere.

There doesn't seem to be much of a pattern. Perhaps the only thing you could do is keep withdrawal amounts modest. I presume that's the number one reason for freezes, especially if you haven't withdrawn before.

I've been waiting since what feels like forever to get further verification. I'm not putting a penny in until it gets sorted out.

Bittrex upped my verification to 100 BTC within 48 hours a couple of weeks ago.

I would vastly prefer to take my own chances and die free.

One of my great great great whatevers owned an army of slaves in the West Indies.

My dad showed me a letter from him written when slavery was abolished. He was bloody delighted. He no longer had to feed, house, educate or medicate them. All he had to do was pay them.



I'd say there was a rather big difference between being imprisoned by necessity and circumstances and being owned by another human being. Things can change in your favour.

The shipping dates seem to be getting longer and longer and the prices of available units seem to be rising.

I was checking the price of Ledger Nano S's on Ebay. In March they were selling for £60 ish. Some are now going for over £200.

The pesky demand isn't letting up.

It's been there for as long as it's been everywhere else. The only difference is the far less silly tax treatment. Hopefully it'll hot things up as BTC seems to be quite the non event in Australia compared to elsewhere.