When people say dead coin, I assume that means it's a coin that's no longer mined and so it doesn't have a functioning blockchain. They have lived on on certain exchanges but they're just entries on a database as you can't deposit or remove them.

A pump and dump is when an individual or group buys up a large amount of coins quietly and then ignites the market by buying quickly, either their own coins or what's available. Other traders get excited and start to buy in. Once the price is high enough the pumpers dump the coins they bought before at a price much higher than they paid and then walk away.

Everyone else is left with something that was nothing but empty hype with no demand outside the artificial pump and the price collapses again.

We have the perfect test case on here. How many millions of hours are people wasting per year clicking on faucets for dust?

If you're paid to watch ads at least you don't have to move your fingers. Wouldn't want to tax these people too much.

Bitcoin's perception is trapped between the hyperactive kiddies using it (including me) and its future role as a major player which is utmost in the minds of people developing it. There's no doubt there's some weird ideology going on, but slow and steady wins the race.

Let Ethereum be an example to us all.

Nope. What's the use of a type of money that has no use? I don't really want to pop abroad to meet sweaty men in souks to cash it out.

My tiny brain, a txt file with the original prices written down and the Poloniex balance screen.

I don't indulge much in alts any more but I could imagine you might end up going batty if you had a mountain of them.

Yes. No one's going to go with you if you don't have any trust. Why would you hand over money to someone with no track record?

The forum admins don't get involved in any way with any business that goes on here. It's all between you and your customers.

There are no ranks involved. It's entirely off the trust and reputation you earn. You'll have to build it with successful transactions. And you probably won't be getting rich any time soon. Some escrows do it for tips only, others for nothing.

You're forgetting the other strong likelihood, our mythical sleeping Bitcoin giants blew them/lost them/were eaten by Gox's death.

I think a lot of original Bitcoin whales fell by the wayside early on. We just don't know about it.

Is this 3D printed? Maybe you should offer toast with Bitcoin addresses too. You can eat them for added security.

It's a far sexier idea to charge people to post in threads. I wonder whether the quality of discourse would rise or it would be filled with ads.

Surely we'll still be having this argument when we're all uploaded to the cloud and have left our Earthly bodies behind. I've known proper wrong uns who've had saintly upbringings and people who've grown up in lakes of shit who are immaculate. Dunno.

https://techcrunch.com/2016/10/06/trust-disrupted-bitcoin-the-blockchain-six-episode-series/

https://www.youtube.com/watch?v=0gYkqsxi2gc

Here's something other than this thread for people to stare at with their mouths hanging open. It's presented by the bloke who wrote Digital Gold which I really rate.

Plenty. I just find it weird that people seem to put so much weight on mined coins. There seems to be constant confusion between supply and production. There are of course less new ones arriving every day. That doesn't mean the ones that have been already produced suddenly float away like magic.

What country are you based in? That's going to decide your choices where to buy Bitcoin.

No one can tell if you if it's a sound investment. You need to decide for yourself.

I bought on Circle without needing to provide ID. I did provide a debit card and a phone number for verification but that's it.

ID is going to become increasingly prevalent. Even Localbitcoins sellers seem to demand it these days. Is it because of the hassle or do you want to stay anonymous out of principle?

Can we get a TLDR?

I think KYC/AML free ATMs are already something of a mythical thing. I've heard of ATMs wanting palm prints, photos of faces and every possible detail of your life.

Well, there are some oldtimers who've become disillusioned with here and moved on. To be fair, many of them are loopy but there are some bright people who no longer post here.

The people doing to really interesting stuff will be doing most of their stuff on mailing lists and channels.

Don't we pay our gorgeous celebs to think for us? The last thing I want to do after a tiring day down the mines is think for myself. I'll log in to Twitter and collect my opinions for the day from the Kardashians.

Yes, the whole thing's pretty grotesque. Hopefully this swing to jingoism is short lived and we'll return to business as usual relatively soon. If I was foreign the UK is not a place I'd be feeling particularly comfortable in right now.

The meat heads are having their day. I think they'll realise we're in a globalist world whether we like it or not when all of their jobs and comforts go up in smoke if we pull up the drawbridge. The most mind boggling one was Sunderland having the largest out majority. Without Nissan and by extension the EU there won't be any jobs worth shit in that part of the world.

Well, if I spend them, and I have been known to, they'll probably end up in the hands of a hoarder so nothing really changes. There's no way of controlling what Bitcoin is going to become, it's a collective experiment and waiting to see whether it develops into a currency or store of value or something totally separate is one of the most fascinating things about it.