Nothing any of us weren't expecting. Once more, the opportunity for people with money to get in on a price they can stomach. I'd be really, really surprised if Bitcoin pushes back to 3,000 so soon again. Now to look at the alts that haven't followed suit.

You know, tax isn't necessarily an evil thing to avoid. If you're making income, it doesn't matter if you're selling cookies, writing freelance or trading currency or crypto. Do the right thing and file your taxes as required by your government. If you're not sure, ask. In most countries, they would probably not even bother once you tell them - get official acknowledgment of this. Then you can rest easy without worrying.

Don't worry, I doubt any one here knows how to play the fork agreement... but the good news is that if you're a BTC holder like me, we actually have nothing to worry about. Fork or no fork, we'll have the option to move with the eventual "winner" if we control our own coins (you do, I hope?)

You do realise that most fiat currencies aren't actually backed by much more than people's trust in the government or the banks, right? Even the most used currency in the world used to be backed by actual, physical gold, but not any more.

If you want a recent example of what happened when those governments failed to keep their promises in backing money, read up on Greece.

To be honest, I haven't thought much about keeping records of origins for crypto that I obtain.

I do, however, maintain simple bookkeeping on my earnings and, when significant, my "diversification". I can't really say that while keeping a serious face, though, as the majority of my alts multiplied in value many times, but as I held next to nothing, I have several dollars worth of a lot of alts.

Simple excel sheets and a txt file are what hold all my information on crypto though. So I roughly know how much I've earned and where I keep them.

I, on the other hand, have learnt that as I control my fees and funds, I am finding ways to pay cheaper and cheaper transactions. For example, "back in the day" when I first started in 2016, I'd used flat-fee wallets to transact mostly. For a while, this meant I paid flat 20k satoshi or so on a lot of dust, so I probably saved money over the long run.

I then also realised I was paying a lot of fees for dust accumulated in Electrum.

These days, I transact far less often than before. I try to keep my inputs lean. I try to time my spends to coincide with non-congested network, and try to bundle them together (for example, my freelancing work, I get lump sump payments rather than per item now).

I'm paying lower fees now, and still keep a very respectable <0.5% average fee on amounts. 

Re: Innovation, especially franky1's elaboration. I really think that Bitcoin as the first mover, was a really innovative idea in the first place but agree that it has been extremely slow to innovate on some features that would drastically increase usability. And yes, while technological updates such as Segwit may (and should) take its course in time and deliberation, like those mentioned (GUI hardware wallets, a simpler, more intuitive way to send and receive).

What little research has been done on the user base has shown that people who don't use crypto are intimidated by simple things like:
- how can I ever remember to keep my own address or private keys when I can't remember my 6-digit email password? Write it down somewhere? But my IT guy says I shouldn't write my passwords down!

Your best bet is HCP's suggestion. The network is actually at a very reasonable environment right now for you to try a low fee plus ViaBTC's accelerator.

One thought: if you're expecting a significant amount of coin (in one tx), you could send it to this wallet, and then attempt to send everything out. That could reduce the % of dust in your spend, improve your chances of a miner taking it.

Turns out you were right on the money with your assessments. Made a loss on this scoreless draw. Totally overestimated the desire of Iniesta's team to make an effort of maintaining a cushion!

Oh well, live for another tip!

Nah, it's just following up on his tax accusations... the state's agreed to take a fine from him (and his father) in lieu of the prison sentence (which he wouldn't have had to serve anyway since first offenders can avoid that).

Speaking of Real Madrid, this is likely the same "get out of jail" card that Ronaldo will be offered once they dig into his own tax case.

Fees have definitely evolved and there is so much evidence to show that it has no correlation with price. Two days ago, the network was BELOW 2,000 transactions and I would have loved to test a 5 sat/byte tx but was unable to access my wallet then.

But today, I made a transaction with 35.9 sats/byte and it confirmed in exactly 60 minutes - at a time when there were about 11,000 transactions. I paid about $0.47 cents for almost $900. That's just over 0.05% of my total. I chose a time that the network was relatively free, I chose to transact one chunk rather than several. And my fee corresponded to those environments.

https://blockchain.info/tx/ab7b64a65de124ef55c2e09747a9c8dc433af8d4097cba8acf8d5469edbb8610

That's fair to me by any measurement.

Albacete at 1.85 is very good odds no matter how you look at it. Took a bet on this, with a small side of over 1.5 (at 1.4 odds), just about 15% of my bankroll but I want to close out June with a bit of profit.

Iniesta will be watching this too I think, so if they win, there'll be many happy people/punters!

The setting up of these exchanges definitely spur the valuation of Bitcoin as a commodity/asset, but value is always assigned to it. Imagine in the beginning, people selling Bitcoins on this forum (refer to pizza day) - 10,000 BTC was worth 2 pizzas and around the same time people were also selling the same amount, asking for $50 or so.

The more people put a value to Bitcoin, the more others will acknowledge that value - even without a formal market or exchange.

As examples, you can see several alts or tokens sold/bought on this forum, where there aren't any exchanges trading them (Blackbytes I believe still exists like this).

Nice football wins guys followed up by that amazing 2.x parlay... just my luck to have missed it on account of a weekend real life event! Great job and keep the lovely tips coming!

Sounds like a great idea, I know I had weeks in between campaigns waiting to be online where one opened. Any chance you have something that works OUTSIDE telegram? I don't use that and wouldn't mind an app with push notifications, or even an emailing service (since I get push notifications when I get new email) where we could choose only new campaigns or specify campaigns to keep an eye on.

Self-fulfilling prophecies, all these questions. I suppose the momentary jumps will always create some sort of panic buys, while the corresponding dips will cause panic selling to ensue.

Loving every moment of this rollercoaster!

I rather think that anyone who's waiting for segwit will already have priced in its activation, given that it's virtually confirmed. Whatever swings we're seeing now are already a result of those expectations. Even in the unlikely event it doesn't activate, we won't see too much of a drop off, at least not when it's already trading just a bit above 2,500 like now.

For the time being, I'll have to say that this is the prevailing view. Whether we care to admit it or not, it's the fiat value of crypto that is getting us on board. Remember when Bitcoin was worth next to nothing how it was just given away, lost and forgotten.

The fact that its fiat price keeps us busy earning and mining should tell us we prefer fiat, for now anyway.

I never had a plan for selling, not really. I have sold several times now, just above 0.2 which was a third of everything I owned and only because I needed to recoup some of my time and effort.

Am a long-term viewer so will not sell unless totally need to.

Great news on the update - the provably fair option is these days the bare minimum for gambling fairness so that's in the bag.

And now you've added more familiar denominations, this may prove to be the one thing that'll let newcomers ease into using ChipMixer. I mean, I know how it feels like to want to use nice round numbers in my txs:)