Couple of big if's there.
In case you hadn't noticed this website and every single crypto anything on the whole planet is entirely fuelled by a nuclear powered If. |
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Why would we keep them are you crazy? there are companies dedicated to destroy all the links between you and your bitcoins a good example is Bitmixer, no government on earth could catch you on any transactions sent to mixer or received from them because you are literally and intentionally giving away your coins in trust of the mixer though and receive them from an anonymous end.
Stop scaring people to give in so easily.
Eh? If you end up with several million dollars in your bank account should you want a house or something, the likelihood is that someone somewhere will politely enquire how you came to own them. What are you going to do? Shout' Bitmixer' and jump into a lake and stay submerged until they let you keep all of your money? I cannae believe the level of naivety on here sometimes. Just because it's 'on the internet' doesn't mean you're somehow let off all the crap that everyone else is subject to. Crypto profiteers may feel that they're special cases. The Man will not agree with you and enforce that in a rather distressing manner unless you have your shit together. |
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There's no way I can be arsed to time markets.
I don't trust any exchanges. Even if they're technically solid, I might get caught up in a verification death loop. Also selling to buy back is a taxable event where I'm at and I can't be bothered with that shit either.
Horses for courses. I'm willing to bet the majority of these trading gods wind up with less coinage in the end.
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I've said earlier, that now is a critical time for NEM, we run the risk of losing too much market share/awareness with the lack of info coming out. But at the same time, hype not delivered on would be as much if not more damaging. I guess the only thing to do is wait and hope for the best... it can be nerve wracking though.
That's only relevant in the context of the current pool of buyers, none of whom are going to matter in the years to come. If NEM is good enough then it'll be used properly by the right people even if it's out hyped in the meantime. No real end user is going to pay attention to today's Poloniex volumes. |
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I think they add their own fee on top to move the coins you send them. As fees are going to go down as the miner spamming stops, I wonder whether they're going to reduce them too. My wallets are not following the cost falls for now.
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Unless NEM is marketed and updates are given with regards to development you can be damn sure that there will be no renewed interest. Apart from people checking this thread or looking at the NEM forum there is literally 0 awareness about the project. I see threads popping up about the best scalable blockchains etc left and right but in none of them
NEM is mentioned. That makes sense since it is kind of hard to know about upcoming features if they aren't being shared. Instead people put their money in mere concepts of blockchains rather than in one that has been working for quite some time already.
If you look at trading volume NEM has been at the bottom of the top 10 basically for as long as it has been there.
I was reading Lon Wong, the foundation president, writing on Telegram. It was all a tad strange. Every single poster was saying there weren't enough updates, transparency or marketing. He really didn't seem to think there was any type of issue and then kept asking what the problem was. He would be presented with the same list of problems again. Then he'd ask what the problem was once again. He justified the weirdly autistic approach with nominating the 2 billion + market cap as their achievement. Well, Poloniex pumpers were responsible for that, not them. There is a very strange lack of engagement compared to other coins. There's little or no project discussion anywhere. The only discussions taking place are about price or moaning about the wallets. I don't really know why it's so different compared to everything else but something needs to change. After all this time everyone's effectively still in the dark. |
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So from where did your ancestors came from? I am not certain, because a lot of people exploited the Africans throughout its history. First, it was the Arabs and the Persians. After that, it was the turn of the Europeans (especially the British, Portuguese, French and the Spanish). And now the Chinese are exploiting the Africans.
Northern Europe. A few were very enthusiastic slavers. Others were slaves themselves. Go figure. I feel no guilt or anger about either. They're all dead and gone. |
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What you all seem to be missing is that this smarmy shithead now feels totally justified in not pursing a higher education.
I left education at 16. I can make Stephen Hawking sniff my bunions while Neil DeGrasse Tyson touches his own toilet area just by looking imperiously at them. |
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I genuinely cannot think of one single thing Africa has inflicted on me. My ancestors certainly inflicted plenty on Africa.
I assume OP contracted AIDS from a Liberian hooker while trying to track down some Nigerians for a little Mugu revenge.
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There are plenty of examples - ETH, XEM, PIVX and no doubt many more. How many people ended up with hard cash in their pocket is another matter. As for myself I cashed out 1 BTC worth of XEM. It cost me 0.00015 BTC so that's a 6500x return or so.
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Maybe you just want in the future to write a book "How I made my first million".
Um, no. I don't want my balls nailed to the wall if I had to cash out to finance my sex change. In this day and age you might well have to cough up details of the origin of your money. It's not sexy but that's how it is. A couple of hours of filing might save you an awful lot of future heart ache. |
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It occurred to me that if I wanted to get rid of everything I'd be liable for capital gains and if The Man wanted to know the origins of those funds I'd better get my house in order as it's rather convoluted.
To those ends I've dug out all the old private keys I could find, noted forum posts for giveaways and taken screenshots of exchange histories to show to my tormentors.
Say if something like Byteball really did end up ginormous that's a lot of money for nothing coming from a mystery origin unless you have some sort of paper trail such as your forum posts or wallet backup.
Are many people here doing the same thing? It may pay off a long way down the line so it's worth a few hours of notation and tucking those things away.
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If done right a paper wallet is zero risk, but many people won't do it right.
The main difference will be usability. You can't send from a paper wallet, only receive. With a hardware wallet it's just as practical as any other one when it comes to spending.
At the moment it seems your main problem will be actually getting hold of any of the major hardware wallets. Unless you pay through the nose on Ebay or Amazon you might be in for a long wait before they restock.
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In the EU we get free, instant and irreversible payments if we want them with our bank accounts. Weirdly enough the service levels aren't really the underlying appeal of crypto vs banks.
If they really want to keep people inside their system then they could start by firing themselves and installing some people with some concern for the well being of the majority.
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Crypto enthusiasts just like to feel like outsiders so they always pretend they're under attack. A bank cohld always screw with Bitcoin, but if I were them I would have done it years ago.
Aye. It's a tad unbecoming. 11 times out of 10 when someone screams 'they're declaring war on us' it's down to completely bog standard and existing regulations that have nothing to do with BTC. The Bitfinex banking thing is a prime example. That was down to Taiwan's regulatory slackness, not an attack on Bitcoin. No doubt Bitfinex would've fucked themselves eventually as they're neither honest or competent. |
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If everything remains in good health - decentralisation, miner hijacks kept at bay, diverse development - then it could well be much more than 10k.
I don't know why people are so fixated on this figure. That means a $170 billion ish market cap. That's substantial but still nowhere near the true potential. It's a small step and nothing more.
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Where does all that money go though? How are they trying to put 40 million into Blockchain startups when they didn’t invest millions of dollars in Bitcoin themselves? It all seems pretty odd to me since the money is not pumping the price of Bitcoin. The price would be more than 5 digits right now.
It would be utterly pointless. A VC pump would make all the little shits who already own Bitcoin rich and then they'd dump on them. They're a little bit cleverer than that. Back in the 90s would you rather be putting money into writing the books that Amazon sold out of their garage, or Amazon? |
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Nah. I'd flip God over his chaise longue and bone him until he agreed to DJ on the lead float at his local Rainbow Parade. What a prick He would be for even suggesting it.
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The main ones would be Destinia, Btctrip, Cheapair.
Most of the time they can't hope to match the prices I find elsewhere, but I'm usually looking in Europe at crappy airlines.
Just get a Bitcoin debit card and then the entire travel market is available to you. There's no point in giving money away just for the honour of spending Bitcoin directly, and it's getting converted to fiat anyway.
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I personally wouldn't have too many qualms about losing money on Bitstamp. I would be slightly lairy of falling into their KYC/AML nightmares. There's no one more uptight than them.
By 'Bitfines' do you mean Bitfinex? I wouldn't be inclined to trust them with money for long periods of time myself and they have banking problems anyway.
He doesn't have to leave money on an exchange for that long. There's no shortage of P2P options. Assuming that 1500 price happens, and I've no idea about that, sellers will be pretty subdued and the usual premiums P2P places like Localbitcoins have fall sharply when there's no hype.
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