I think you know exactly what is required in this situation. Do you have what it takes to protect your wealth?

https://www.youtube.com/watch?v=aCbfMkh940Q

https://www.cryptocoinsnews.com/exclusive-chronopay-looks-kickstart-bitcoin-adoption-russia/

There's a reference.

Having said that Russia has wavered so many times I won't believe it until Putin wears a Trezor like a medallion.

It also depends on when you got in. Mr. Toronto is a man with relaxation baked in due to his timing. He's already been vindicated. I'm sure newcomers will too eventually but if you're a relatively recent arrival you'll still be in the flitting stage.

If you move to the vindication stage then you start fretting about becoming worth too much and whether you should cash out. Then you start suspecting your cat of looking for your private keys. Then you finish up drooling while wearing a hockey helmet.

Probably not, especially with how divergent Bitcoin markets are around the world.

The actual sending of the Bitcoin is the easy and cheap part. The turning fiat into BTC and the same at the other end has the possibility of costing vast amounts depending on how good your local services are.

I assume this is the part that Abra aims to streamline but I don't know how effective it is yet.

Perhaps they have little or no relation.

As ETH is a brand new market they can follow the 'guidelines' from minute one.

Presumably their Bitcoin books are gloopy with years of anonymous deposits and withdrawals. Note there is no ETH/BTC market despite that still being the biggest globally.

I would be dead intrigued to see what happens if withdrawals were initiated.

If you want relaxing I think you arrived at least two decades too early. It's going to carry on flicking your earlobe until you go batty.

The only thing that counts when it comes to Bitcoin fees is the amount of data in the transaction. It has absolutely nothing to do with the value. A $1 billion equivalent transaction with one input would cost less than a $10 transaction with two inputs.

What costs is the storing and processing of data. Every input adds to that cost no matter how small it is.

I don't know how many inputs or outputs that Wirex transaction has, but even a 1 input transaction often attracts a $1 fee. This is a relatively new problem for Bitcoin due to it having a maxed out network and also because the BTC price is so much higher than it used to be and fees are priced in BTC.

A $200 Bitcoin would have 1/10th of the current cost in dollars for a fee. Bitcoin fee pricing has been reduced once before. I don't know if it'll happen again.

Over two billion XEM are now tied up in super nodes. Throw in what's held by the developers and there aren't very many coins available to buyers. I dunno if the super nodes will turn into a ticking time bomb market wise or perhaps they'll become the move of the century for those who operate them. Either way there certainly won't be any new ones if it's nearly 300 BTC to create one.



That's the type of move that'll have you eating out of dumpsters eventually. If my wife risked my financial future without telling me she'd be out on the street.

It's being taxed literally as we speak. All the Bitcoin payment processors are doing is using Bitcoin as a payment rail for fiat. That's taxed as usual. All the super gainers should be paying capital gains depending on their jurisdiction when they realise their profits, same as any other asset.

If you hadn't noticed there's this cheeky stuff called cash that allows you avoid tax. Anyone's welcome to avoid it too. They might not like what happens if The Man finds out about it.

As it stands there are numerous examples of the US government's untrustworthiness, all the Russian rumblings, the Manchester bombing data, the tapping of German communications, Donny's ongoing hostility against his own intelligence apparatus, so it's not in their interest to share vital information unless they buck up. I wouldn't. 

Well, whaddya know, someone comes here trying to sift through bullshit and gets even more bullshit to sift through.

Everyone from every angle has a peppering of disingenuousness as far as I'm concerned. Everyone's convinced they're right. Anyone who is not right is declared Satan's golfing partner.

As the OP can do nothing about any of it I'd advise him not to worry about it. It will either all be sorted out in the wash or Bitcoin will be left behind as a salutary lesson to all.

My take on it is, Satoshi should've seen this coming when the 1mb limit was introduced and left a roadmap for others to work on. It was objected to in 2010 for the reasons that have panned out exactly as predicted back then.

https://bitcointalk.org/index.php?topic=1347.msg23049#msg23049

Anyone could tell him or you that a daily capacity of 250,000 or so isn't enough. Even if it wasn't the right roadmap, it would be something to draw on.

And here's my prediction for the day - this thread will degenerate into the same old people arguing about the same old things, none of whom have any influence anyway.  

I wonder what's going to become of some of these sig campaign payouts when it comes to dust. Some of them are unbelievably piddling like Secondstrade, yet they arrive like clockwork every week and can't be stopped.

Forget the password. Now you have access to your private key again, write it down and store it somewhere safe. If you have that then you can restore your XEM anywhere and any time.

Signalling makes you look all cool and powerful. When it comes to actually forking, your knickers suddenly fall around your ankles.

When put on the spot, almost every single economic actor of importance wiped their posterior on the idea of an Unlimited chain being acceptable.

The only way that gain is realistic now is with coins that are presently effectively dead, or almost completely unknown, and for them to go stratospheric. That's very possible but none of those coins fit the bill.

You'll probably do very well eventually but you need to place some wilder bets and forget about them for the really dramatic increases.  

It does suck, but at least there is this option. It's a price well worth paying in my opinion.

Anyway that was from one conversation. Perhaps there are others looking into it.

I seem to remember reading that the guy doing it said XEM wasn't going to be as straightforward with the Ledger because of some form of cryptography that didn't agree with it so he wasn't working on it. I've no idea what the differences are.

Check the top right of this, just uploaded to the telegram channel.



I don't know how far along it is, but that's just what the doctor ordered.

For starters I don't think it would be anywhere near an even split. Positions will clarified if it looks like it's actually going to happen. That's what squishalised Unlimited in the end.

They can wander off and do their own thing by all means. Everyone else will carry on trucking. It's no longer contentious, it's a weird little offshoot.

Consensus is over. There was no news to announce. I assume some connections will come out of it that'll pay off in the future.