Bitcoin is not banned in China. They have forbidden its use as a medium of exchange. In late 2013 the first Chinese companies were starting to accept it for services. That's when they rolled in and said it could only be used to collect 'like stamps'.

They've got track record with this. Q coin, which is online play money and not crypto, was a huge deal in China until the government did the same thing.

The Uphold CEO has been rather vocal about Bitcoin not having any type of future. Also there's something rather weird going on about their assets being backed by some private alt I've never heard of. For those reasons alone they can kiss my posterior.

NEM is the backbone of a private offshoot for a few projects in the far East.

I think all this Ethereum bonkersdom has sealed the deal in any banking minds that they're never going to put their affairs in the hands of a bunch of squabbling autists.

If he had any internet access at all in jail, and I've no idea whether he did, I presume he was going to spend it looking at cats and samurai swords. If he does have a few thousand coins stashed he'll have to wait a few years before pulling them out.

I once bought a course on trading options. After the first page my eyes glazed over. I'd never really heard of them before but called one of the brokers listed (this was pre internet) and bought the first one he mentioned. I forgot about it for three months. When I called back it was up three grand. Luck for me.

I'm sure he'd end up producing more revenue if he was generally supportive of the whole scene and kept himself to himself. It seems like a rather strange approach to me.

I'm voting for a hell no. I don't quite know what's going on in their minds, but it's not very constructive or helpful for everyone else.

They should leave the meddling to other people and concentrate on providing good service for all. That probably includes delisting ETH until it's clear that it won't completely rape their less informed customers.

There's no doubt it's an 'honest' coin compared to ETH, and it's not a disaster either. Ultimately though it does the exact same thing as Bitcoin, albeit probably better, and I can't see that being enough to maintain that position. Time will tell.

Why is it Bitcoin's silver? I'm not dissing it. I wish Bitcoin functioned more like it. But I find it more likely that the long term runner up would be a radically different proposition, not a clone with some nifty tweaks.

I assume they're constantly bombarded with requests to add coins and them doing so is a major endorsement.

Obviously, it would be fantastic if they did but it would be far better if they were compelled to do so by action elsewhere. No doubt it'll come.

Why would they? There are other coins that you can point to with more consistent volume that are of zero interest to them.

It would have to be dominating volume for months on end for them to consider it.

And with the aid of refugee organ donation and reduced calorie dieting I'll be there to witness every single one. I'll light a candle for those who didn't make it.

I find the use of the word 'currently' rather telling. Silver will always be silver. Who knows what the next jumble of code will be that gives pumpers a boner?

There doesn't need to be a split. All there needs is a renaming. Wallets and exchanges already offer different methods of denomination.

Hey, I'm sure he's around ten trillion times more intelligent than I'll ever be but he did miss out on a few things such as the rise of mining pools. And 1mb is just as arbitrary a figure as 5mb. I would've gone larger but I'm always prone to pile in.

It doesn't sound like anyone else is taking that lawsuit very seriously, but perhaps there'll be a better one along soon.

That has implications for all crypto. People have been knocking shit together on here gaily unaware that they could be ravaged by the law.

I love the disconnect people have on here that because 'it's on the internet' they can do what they like.

Correct. It was proposed by Gavin Andresen and Mike Hearn, both of whom have had a few wobbles since. I like a big block but look what's happening with Ethereum right now. It's madness.

Positions in Bitcoin are that much more entrenched and the people involved are that much more psychotic that a contentious hard fork would make ETH's problems look like a walk in the park. I'm pretty confident it would terminally fuck Bitcoin's position.

I blame Satoshi. He could've nominated 2 or 5 or 10mb when he rolled it back from 32mb and everything would've grown around it. Now it's too late. Even back in the days when it was less than nowhere, 200,000 or so transactions a day does not sound like a lot to me.

ETC may not be much cheaper than ETH for much longer, or one of them may not be around for much longer.

I agree with the OP. People don't like endless zeroes and many are too thick to realise it's divisible. It's a piece of piss to address. There just needs to be some mutual agreement as to how to name things. I wonder that's one thing everyone can agree on. Probably not.

So do we think that other coin (s) forking fun is going to have repercussions for all crypto?

Someone else pointed out elsewhere that an SEC bod considering the ETFs is going to have cause to wonder if there's a possibility of the underlying asset suddenly going batshit insane and splintering off in all directions. You can't fork gold.

Indeed but traders have zero to do with miners and traders steer the price. If there's profit to be made they're not going to think 'hang on, I must think of the miners' and back down.

They're going to slaughter the price if the opportunity is there to make some money. And they don't do it, another trader will.