Many thanks.

hello folks.

I hold a fair bit of Powerpoint but I have it all on Etherdelta since the early days.

Any advice about the best forms of long term storage wallet ?

Also, can anyone point to reading materials covering the staking options that are proposed in the future ?

Thanks

tok

For scaling to be an issue, you need to have the problem first

In fact bitcoin is scaling quite nicely. Derivative markets, debit cards, secondary networks, you name it. It isn't the blockchain's job to scale traffic, it's its job to scale value.

Pump is far too feverish and managed looking. Only pumpers benefit from a pump like this. Somebody is pursuing an agenda.

I'm increasingly convinced that this is what's going on:

Bitcoinwisdom showing some pretty good arbitradge opportunities

The thing is, in the gold market the derivatives price leads the physical price. Whatever the derivative sells for, thats the price dictated to the metal sellers.

We sure as hell do not want to end up like that and it might be wise to start understanding the priorities and dynamics of derivatives markets and how they can potentially impact BTC.

Bitcoin has one huge advantage over gold in that respect because it's liquid. Gold bars do not travel through wires so it cannot be traded electronically in its physical form. That basically hands the entire market over to the derivitaves. Bitcoin on the other hand can be so there's a big damper effect on the futures "tail wagging the dog" scenario.

It's not FUD. It's a coherent and thought about opinion on how the market dynamics could work when a futures market is introduced. Please stfu with your FUD accusations unless you've got a reasonable contribution to make that challenges the scenario. I'll be quite happy to entertain it.

Indeed.

It wasn't my intention to spread FUD. Rather to make people aware of the manipulation they're about to be exposed to. The only way to combat it is to decouple the behaviour of the cash and futures markets as much as possible.

The only way to do that if for people to *want* to hold bitcoin the asset as opposed to bitcoin the derivative or USD cash. That means they'll need to resist the tendency to value BTC in terms of fiat currencies and instead value it for its utility, store of value and future-proofing qualities.

i.e. hold through-ought dips and crashes.

See also this. It has more detail on the actual text of the Bill.

https://steemkr.com/cryptocurrency/@floatingforest/us-senate-war-on-cryptocurrencies-bill-s-1241

See also this:

https://www.armstrongeconomics.com/world-news/cryptocurrency/bitcoin-being-declared-a-financial-institution-beware/

Someone on a forum I'm in was trying to launch an UNO node but they cannot find a single peer.

Is there a solution to this ? They are running unobtaniumd.

They are also asking why every block is always mined to the same address.

Earwig. Low.

Scramble on Finex.

5-Minute, 15m and 30m MACD's all going green at the same time on Finex.

The thing is, monetary tokens are not like a stock.

A stock has a finite intrinsic value - or a measurable value at least - based on the turnover of the business, earnings ratio, prospective commercial opportunities in its sector etc.

Monetary tokens on the other hand have no intrinsic value. They have an exchange rate based on adoption (as a store of value). There is therefore no upper limit on their price. That's what these people crying "bubble bubble" don't understand. While it's true that "tulip mania" is a large part of the bitcoin story, tulip mania is also an essential component of the growth of any new monetary media since it represents adoption as a store of value. The folks buying tulips would have been ok if they'd been more durable, rare and portable.

At the moment, there is "dark matter" in the bitcoin universe that many commentators don't take into account. That is, for example, sectors such as bitcoin and alt-coin backed debit cards. When somebody makes a deposit to a bitcoin debit card account like Wirex or something, they are basically spending bitcoin from that point on even though the individual trades may be denominated in local national currencies. The "value" behind the trade is crypto because it had to be acquired before the trade takes place.

There are all these latent areas of adoption that mainstream press are not counting because they don't manifest in the blockchain transaction count.

The genie is out of the bag and cannot be put back in. The only type of counterparty-free asset that can be sent across the planet is a cryptocurrency and in that field bitcoin is becoming unassailable in the store-of-value category. Therefore even this price is a huge undervaluation on the near future exchange rate against national currencies.

https://en.wikipedia.org/wiki/Here_We_Go_(football_chant)

Earwig. Low.

Stamp moving again. 637 coins left priced under 10k.

If it breaks 10k we should get to 20k within a few hours.

FT still talking about tulips 

Remember that "cashing out" of bitcoin means investing in this declining asset. (Approaching zero according to that chart).

Help yourselves. I won't be joining you

Ok, I'll do that thanks !