I find anyone who claims to have a third eye is almost guaranteed to be an egotistical prick with no empathy for any other human being at all as they're so caught up in 'working on myself'.
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I'm talking extra hard,
Gosh. There's nothing scarier than those extra hard ones. I've read that extra hard forks are 176% more forktastic than very hard ones. I only hope I don't live to see a mega hard one.
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There's a humongous difference between agitating and flashing hashing and actually going through with it. If they were on that particular precipice I'm not totally sure they'd go through with it as the divisiveness would be at a fever pitch.
Here's an alternate theory, it's a fine reason for an outrageous alt pump. Cheaper, safer and more money to be made if you're behind a false narrative driving people to 'diversify'.
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Have you seen the wall set up on Poloniex? Those usually mean that someone is trying to manipulate new unsuspecting investors.
This is not good for a serious project like NEM, NEM is not a P&D. It is looking for real utility, not short sighted profit.
NEM deserves more than simple P&Ds, it deserves a real place in the real world for people to use.
Then it should be withdrawn from Poloniex because that's a natural consequence of being on there. Anything and everything gets a pump when the time comes.
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Exchanges and wallet creators can do whatever they want. We don't need to try and make universal rules about that, things will just develop how they do.
And I think you may be underestimating Satoshi.
I'm not worthy to lick the dried sweat off Satoshi's mouse, but if he'd asked his elderly aunt to have a play rather than a bunch of crypto anarchists the decimal thing is the first thing she would've picked up on.
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It won't help is the point. Changing the actual code for something like this would shake confidence for those of us who do understand what bitcoin is and how it works, generally older adopters. It's about short term vs long term goals. Short term tends to break the long term.
It doesn't have to be code. It's pure perception and could be implemented immediately by the agreement of everyone by simply deciding to do it. Of course it's far too late now but Satoshi missed a trick there. Perhaps he wasn't expecting such a rapid rise in value. Occasionally stepping beyond computer science into bog standard human psychology can be helpful.
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So every activity level above a handful of hundreds is a no. Everyone below that is a yes. That kind of says everything one needs to know.
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*waits for morningly Jimbo post*
Aye. It's very comforting. Rather like FDR's fireside chats. Long may they continue even though I hate coffee.
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Take your Bitcoin blinkers off and you'll see the Chinese are currently cracking down on all markets in a similar way. Exchange withdrawals will return when the exchanges are properly regulated and accountable. If they can't manage that then they'll be closed. The Chinese market will be a very different and more peaceful place when it returns. what if all chinese are stop investing on bitcoin? will this make any difference to the future of bitcoins?
Yes. It'll make it better. The Chinese have done nothing but take the piss out of Bitcoin. We've seen what happened without them in the last few weeks. Draw your own conclusions. Now all we have to do is get rid of the miners and we're golden.
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It seems very, very unfashionable to say it around here, but I think it's an emphatically big fat yes with knobs on.
Most people heavily into BTC at present are not like your average person. Your average person likes to own large numbers of small units. They also don't want a string of zeroes before the figure they need.
You can frame it all you want with a faint air of derision, but that's just how it is and always will be.
Then we'll get the 'well we've got mbtc and satoshis' and indeed we do but why is absolutely nothing priced in them?
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A while back, didn't somebody suggest creating a new level called "Epic" for those 1500 and over?
But I'd be an epic soon enough and I certainly don't consider myself a salty old sea dog. UID or sign up date might be a better metric to make others tremble at our feet.
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I can't believe I'm the first "legendary" to post in this thread.
Legendary is a fairly devalued currency these days. I'm a legend and I've only been here three and a bit years. Perhaps there should be an extra status for people with an ultra low UID. Many of the real old timers have probably either left in disgust after it stopped being an underground happening, or looked elsewhere for a better standard of discussion.
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Can someone tell me whats wrong about hardfork?
From what i understand hardfork will less to splitting bitcoin to two versions: old wih 1 MB blocks and new BU or SegWit. Whats the problem with that?
And one more question - if i have 10 BTC, Whats gonna happen when there will be hardfork announced? How coins will be splitted into new and old version?
The thing that really counts that makes Bitcoin worth anything is trust and confidence. A contentious fork, no matter whether that's one from the 'good' guys or the 'bad' guys shakes that quite significantly however you want to frame it. If something potentially unhealthy can be pushed through when many are unwilling that doesn't set a good precedent for future battles. There may be many more controversies - privacy, changing the total amount, changing the block reward etc. It doesn't really matter if an alt forks, that's just one of many. It does matter if the foundation of the entire scene can be wobbled in this way. Then again perhaps that's exactly what's needed to break out of this deadlock. It's getting old now. And assuming both chains survived, you'd have the exact same amount of coins on both chains.
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Maybe thats it. Then we dont have to worry. But what if it is because of the hard fork rumours? Vinny lingham sold his stash because of it. Africoin takes it in his charts. Vinny Lingham is right most of the time. It just looks strange to me thats all.
Anyone 'hedging' with alts is likely to get a large kick in the bollocks if BTC does fragment. No shitcoin would save you from the fallout. I think I'd be walking before that happened. If it can happen once in these deeply odious circumstances then it can carry on happening until there's nothing left.
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It's not according to coinmarketcap, which shows bitFlyer's BTC/JPY market as the fourth biggest Bitcoin market. If you disregard poloniex's DASH/BTC and ETH/BTC msarkets it's in second place for volume.
https://bitflyer.jp/en/commission Zero fees. If I hosted a zero fee exchange in my grandmother's pussy, it does not mean the population of my grandmother's pussy has adopted Bitcoin en masse. It's exactly the same but even more blatant than China. Once fees are in place it'll go down to a piffling trickle. No one uses it in Japan.
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I looked for users in the Japanese language section that use coincheck, but there isn't a Japanese section. Well I couldn't find one.
There should be one considering Satoshi's a Japanese name.
Zero fee = irrelevant. And they'll all be foreign traders who can't get onto the Chinese exchanges any more. As far as I can tell Japan is a crypto desert. https://coin.dance/volume/localbitcoins/JPY/BTC This does not scream huge interest to me. This week's volume was, er, 28 BTC. So that's 1 BTC per 5 million people.
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Crypto is nowhere in Japan?
I'd disagree , I think we have the largest volumes in terms of 24 hours trade happening in Japan.
You missed the magic words - zero fee. That automatically makes any volume statistic completely and utterly irrelevant. And they'll all be Chinese refugees.
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Now this ETF business is over and done with. How about the Japanese 8% state tax on crypto.
A recent news article claimed it's going to be lifted around june/july.
Is there any recent news on this development ?
Japan is good voor NEM.
More important is the Japanese Bitlicense that they're proposing. It looks incredibly expensive with plenty of ongoing costs too. Despite the zero fee volumes, crypto is nowhere in Japan and this would make it even more nowhere.
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Next ETF is on march 30 , the solid X ETF.
All applications are dead in the water. None of them can do anything to address the fundamental nature of BTC that the rejection picked up on.
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The ETF was conceived to enable the twins to cash out their million coins without crashing the market. Simply provide the ETF with its supply at market price until you are out. Question is -how will they cash out now?
There's a big ass OTC market out there that knows they won't have much use for these coins any more. I suppose it depends on whether all the OTC people were depending on a yes too. If they were there's going to be coins for everyone. Or of course they could just sit on them and sell them higher a while down the line.
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