There is always, always, always something being fed to you to make you freak out. That's par for the course. If there isn't an incoming apocalypse someone will rustle one up for us.

Why would they go from the best tested and established option to something that wild? It's technically sound of course in terms of code but a potentially vast shock to Bitcoin as a whole.

I don't have the slightest idea what'll happen myself at this particular moment. We'll have a much clearer idea as the day approaches.

Not yet. The main chain is capped at 5 TPS now. Catapult comes out on the private chain first and then the public one later.

I would go for paper myself. There's so much seed incompatibility that I don't think I could be arsed to figure out where to go in the scenario of my wallet not supporting two chains.

That's because the recent proposal hasn't been coded yet. The Segwit that is being signalled there requires 95% of miners before it activates. That'll never happen. It'll need a new version.

Pretty much everyone is now going for Segwit, though how it arrives is still the same old smokescreen for power grabs. I don't think ultimately any of it was anything to do with Bitcoin's actual scaling.

I often wonder how many people are holding back in the expectation of something being implemented. I'm not sure it's all that many people myself. It's something that'll pay future dividends rather than a vast explosion right now. Definitely a boost. Maybe not a life changing one immediately.

Who is Chris DeRose and why would the SEC pay any attention to him?

ICOs will be brought to heel whether or not someone points them out. It's a healthy thing ultimately.

It will definitely rock the alt market, but only certain sections and Bitcoin itself hasn't gone anywhere near it. I assume the overall price effect might be negative for everyone. You'd have to be a moron not to have seen it coming.

In theory they could if they wanted. If it's by phone they could social engineer a new sim being sent to them instead. Email's a doss whatever they want to do. Better to be on the safe side.

It's only as secure as the machine you're accessing it with. Are you 100% confident that no one is keylogging or screengrabbing you? I don't think anyone can do that so it's better to move.

They've had quite a few glitches too and their fee system seems to be struggling to stay relevant too.

Mycelium is my main spending one. If a chain split is on the horizon I'll go for raw paper. Some of these wallet companies might be bribed or wig out under the pressure.

I'd love to go there to see the car and bike racing. You wouldn't catch me setting foot in a casino for any reason other than curiosity. And I do love visiting geographical and political oddities.

So far there's been no real marketing push, very few business partnerships and the major network upgrade is still in the works.

They look to be planning years ahead. There's no real reason why the price won't continue going down for a while so cost averaging for a while may pay dividends eventually.

Where do you bank? Where I'm at in the UK banking is free and near instant transfers are free too. Elsewhere in the EU you can do intra EU transfers that are almost as fast that cost very little.

I'm averaging about a $2 fee for 1-2 input transactions. They're all going through fine within 20 minutes. I've never had a stuck or slow one.

Keep your eyes peeled for giveaways in the altcoin section. Some need Bitcoin linked to them, but others give coins away for nothing. One of them might end up hitting the jackpot.


Doesn't look like he's bought it yet.

Ultimately it's the law makers who are breathing so heavily on banks to make them twitchy fuckers. They're the ones who are responsible.

But yes, were I to sell a vast amount of whatever and deposit it in the bank there's a good chance it would be frozen and I'd have to justify the source of the funds. Even that might not be enough.

I wonder how many people out there truly understand that once your money enters the banking system you've completely relinquished control of it. Not too many I expect.

I'm sure it's only a matter of time again, however it was unashamed good news last time.

As they're so hot on controlling market exuberance there'll probably be a guy in a PBOC office with a huge brass lever turning the market off and on a few hundred times a day.

Hello. You'd better behave yourselves this time. We don't want any of your previous rubbish, you cheeky monkeys.

I wonder how many accounts refused to verify themselves.

Miners are no one's friend. No one is anyone's friend in this space. The only thing keeping everyone in line is fear of reducing the value to nil.