So it's more sideways while the alts do their thing.

At this particular moment in time what are your feelings about Bitcoin's potential upside for the nearish future? Say, 6-18 months.

If you came into a pile of money would you be throwing some in, or do you currently feel that there's not enough potential considering the possibility of further stagnation or falls?

It's easy to forget that there are many posters in developing countries. With a couple of farmed accounts you could probably earn just as much here as in a crappy regular job. That's a huge incentive to keep piling up the spam.

Maybe you should move this to meta, I dunno.

It's a fine balancing act which currently has tripped and landed on its face. It's probably brought in a lot of new users and drives quite a bit of commerce. At the same time it doesn't half inspire a lot of tripe as well.

I think their future is going to depend on how utterly sick the forum operators become of it and whether the campaign managers are willing to be more proactive. If it stays as it is the party might be curtailed.

These are still a thing? I rarely see them these days. I'd stick with BTC rather than codes. You could look into funding a debit card and withdrawing cash. A few don't require any ID up to a certain figure.

Can't say I'm surprised. The ATH is not far off three years ago now. That's a vast chunk of Bitcoin's entire lifespan. Some super cool stuff has developed in the intervening years but the world still doesn't look any closer to getting a boner for it all.

Traders appear to have moved to alts. You get a new ATH every week in altland.

I never bothered to add it up. That's a cool statistic.

It's a ludicrous idea to put 30 BTC into something to get a trickle in return but I'll guess the price rise hadn't been anticipated when it was set up.

It's really only viable for people who already have an early stack and are in it for the long run which is exactly the right demographic needed.

The whole point of the supernodes is to be the backbone of the system. You wouldn't want people who were chopping and changing all the time as they'd add nothing but instability.

Yes. An overview of its capabilities is important but no one person can ever create a unicorn from scratch. Sniff out some possibilities, check whether it's achievable with the right people and away you go.

I would tell them that they're going to get fucked and then let them get fucked deep and hard because people never, ever listen to the most blindingly obvious advice.

Looks like utter scamming bollocks as usual. There's no way mining could pay in Costa Rica. And I love the explanation for not supplying any info or photos of the gear itself. That really reassured me.

How's your management skills? You don't need to be a tech genius. All you have to do is recruit the right people. There are plenty of people who know a lot who'll never have the initiative to create a business.

Whatever they come up with won't address a single thing that makes Bitcoin valuable. It might make your transfers faster though which is nice.

I'll wait a couple of decades to see whether it sinks, gets blown up or goes feral before moving in. Planned utopias usually end up the biggest dystopias.

Every jurisdiction is different but I wouldn't be surprised if most of them do have laws against issuing your own currency, that's why so many developers are anonymous. And if you try the ICO/IPO route that opens up and even wrigglier can of worms.

You'd have to have been pretty dim to be let down by traditional investments over the last few years. I don't think Bitcoin is the answer for the average personage. If you don't have the understanding and the passion then you're probably going to have a bad time.

What I find strange is how the entire roller coaster has transferred wholesale to alts. It's not as if Bitcoin now has global adoption and lords over everything. It has more than the alts but it's still in the same boat and effectively nowhere. In the eyes of the rest of the world it's just as penny stockish as anything else yet doesn't have the corresponding action.

Make sure you select a well established one. Any old prick can issue visa and mastercards. They don't seem to care who they hand them out to. It's a very easy way for someone to nick your coins.

How verified are you on there? They'll freeze your account if you deposit or withdraw a large amount without verification.

I'm very curious to see how this pans out. I don't see how they can possibly compete and I can't imagine someone like that is going to mine for benevolent reasons. There's a reason why mining has congregated in the East and no amount of bluster and gloss is going to change it.

There are no decent investment opportunities in Bitcoin. Even the most well capitalised companies with heavyweight backers are burning money at a furious rate. You could get much higher, safer and vastly more numerous returns by remaining in dollars.