What are the fees like in that situation? You're still liable to get some snooping from Xapo if you had huge amounts coming through.

I'm not hugely keen on the way either coin is governed, but BTC is the real deal and ETH has pretty much proven fuck all so far other than the ability to rise impressively. There's no way I'd risk anything more than play money on it.

Isn't it time for everyone to let go now? In fact the time was a long, long time ago. The dev was clearly too autistic to make a go of it. Move on.

I don't think you'd have any problem with the tax man. As long as you tell the truth he isn't going to give a shit.

You very likely will have a problem with your bank depending on which one it is. The amount of pay isn't the problem, plenty of people are paid more, but the dreaded Bitcoin word might give them a fit.

By the sounds of it you should really have a business account set up anyway, that's grounds enough for them to dispose of you, but that's even worse in their eyes with Bitcoin thrown in.

Have you looked into Fidor bank? They're operating in the UK and are Bitcoin friendly. I don't know if they're totally up to speed yet with stuff like faster payments and there's some weirdness about not having individual account numbers or something, but it might be worth investigating.

I think that's very possible but it would also highlight the absurdity of the alt market and market cap.

Say the Poloniex maniacs sunk their teeth into Wankcoin. Let's also assume someone held 95% of it and wasn't letting go. Wankcoin gets a market cap of $15 billion within a few weeks.

The Bitcoin killer has arrived. Except there's no GUI wallet. No lightweight wallet. No mobile wallet. No paper wallet. No ETN. No GBTC. No localbitcoins. No more than a handful of exchanges. No payment processor. No way to buy it with a debit card or bank transfer.

No one's battle tested it as all transactions are purely to the exchange wallet and once it's in there it never leaves. No one's bothered to look into how it's going to scale. Why bother? We're getting RICH. Someone holds 95%? STOP FUDDING.

In theory infrastructure could be easily swapped over. So industry hops on the bandwagon, says they never liked that Bitcoin shit anyway so ner and starts the migration. In the meantime the 95% holder does what any good alt market does and rapes it or a glaring technical fault emerges.

Suddenly Bitcoin has lost its sheen and Wankcoin has made everyone look like an utter prick off the back of one giant pump. To the outside world it's just proven exactly what those who were paying attention initially thought. It's amateur hour based on infinitely replicable code  

When I get there I'll throw a little magic dust your way. Or I'll find it unspeakably uncouth to communicate with a non legend. I'll see how I feel when it happens.

Eth/dao taking a shit. They looked around the charts on Poloniex and settled on another three letters with a number attached to them for a bit. It was bleedin' obvious and I'm gobsmacked that anyone's surprised by this.

It's just short term noise. I'm interested in what the deal is five years down the line.

We're possibly rewarded with back door centralisation by expecting places like Coinbase to route channels for us. It's all conjecture. Let's see it running before deciding how it's going to work.

None other than better sig campaign pay as you said. If you were a short termer, which I assume you wouldn't be had you struggled to hero status, then your account would be worth more to sell.

As for the original subject, I'm still a hero at 980. Obviously They intend to make me sweat for it.

There are many, many people who'd be delighted to help you lose your Bitcoin. They're usually dressed up as 'investments'. Don't go there.

I bought the mofo. There's no way I had the patience to get rolling by any other means. I admire those who do spend months noodling away but life's too short for that. 

Since when did your average trader react to news other than the bad? I can't really think of anything. The unfortunate thing about bad news is that it's usually instant whereas good news always adds to a future just beyond reach.

When it encourages between 7-9 trillion people to clog every channel with faucet dicking then what? We're all DOOMED.

From where I'm sitting American society looks exactly the same as it did when he get the job. How did he manage so much in a few short years? Probably because he didn't.

If people choose to be monumentally stupid in the face of painfully obvious evidence then there's no helping them. State the facts. Walk away. Let them eat their hard lesson.

Ludicrous.

If there is some currency strife they're going to buy Euros or Dollars. They're available and exchangeable everywhere.

That assumes demand, of which there isn't very much. I'll guess most people would cut their transactions down. Most of mine don't exactly have the fate of the free world hinging on them.

If they really did reach silly levels then I'd find myself another coin to play with and most commerce probably would too.

because it was pumped by crap traders. there wasn't any more adoption. they've had their fun. it'll come back some day. i think it'll probably head back to mid/late hundreds and sit there for a while.

no

DARPA. I'm going to guess that right now you're working on Bitcoin. That FLIES.

Very exciting stuff I'm sure.