Ruddy hell. Can you tell us more without blubbing all over your screen?

Indeed. Every pro who put effort and investment into the infrastructure will have long since abandoned it. If it doesn't gain serious traction by the end of this decade, and it certainly hasn't yet despite all the noise, then it's over.

Niche groups will probably have moved on to more glittery things.

Coinbase is limited to certain states. And it seems to be a tad sketchy. They proclaimed they were regulated in certain states and then the states themselves said that wasn't the case.

They've got money transmitter licences in certain states but they might need brokerage licences too. Who knows?

I assume Gemini isn't launching until the bitlicence is cast in stone and they can operate in every state.  

A proper, regulated US wide exchange would be a large boost in credibility and viability at least. I've no idea about price.

 

There's probably surprisingly few people whose lives would change at that price level. It would make a few existing whales galactically rich. I can't imagine there's that many people with more than 50 coins. A very nice windfall anyway but not something you could live the rest of your life off.  

Ah. I was thinking more of news beyond market movements. I can't imagine their fellas in charge will allow anything beyond simple buying and selling to ever flourish again.

Has there ever been good Chinese BTC news, like, ever?

It's being adopted by Stellar so I assume the idea runs along similar lines to Ripple and themselves already, but hopefully it would be improved to avoid those forktastic moments.

Not much to see here, just the weekly Bitcoin killer.

So an agnostic global currency that anyone anywhere can tap into and know exactly what its parameters are and be confident that it can't be debased is Yahoo.

A currency produced by the same old clapped out institutions is Google?

Humans like to progress in general.

The last few months have been a hard lesson in taking any 'historical' BTC data remotely seriously. It'll be made up as it's going along for a long time to come.

I've never really understood the 'sell in may and go away' thing. That makes humans sound like herd animals who migrate to the Antarctic to rut and then return to the internet in autumn.

Still, it's a predecent but a deeply weird one.

If there are monetary gains then there'll be tax. You'd really need a closed loop crypto economy to be confident of avoiding tax because things'll light up as soon as you go full fiat.

Most people probably could get away with tax evasion with the present system. Most pay it simply for a quiet life.

It's a neat little reminder from them of who's really in charge.

I like the sound of this. I think he should give a moment to moment account of every move during the Silbert bubble with future price projections too. Much more civilised than the current arrangement. I'll let him do all the buying and relax until he tells me when to sell.

That wasn't a very classy thing to claim really. He should be beavering away out of sight, as he's doing too, rather than coming out with things that might bite him on the posterior further down the road.

Not at all. I didn't have many old addresses but it worked fine every time.

Make sure the address is empty just to be sure. Go to just-dice and click on the chat box.

In the chat box type /dig youraddress to see if it was funded. Then type in /dig youraddress yourprivatekey to get the Clams, or maybe just the private key. I can't remember. 

Hey presto Clams arrive at your just-dice wallet in about 5-10 minutes then withdraw to Poloniex and sell. You don't need a just-dice account but you'd need to stay on the page until it can be withdrawn.

You ain't got nothing to lose by trying with an old address as long as you still have the private key. If it was funded before May 12th 2014 they'll be waiting for you.

It only takes a few minutes and if you have a lot of addresses it'll add up quickly. You're getting 0.03 BTC per address at the moment. Make sure your address is empty though just to be safe.

I sold all my possessions and got every single person I know to pour everything into shorting on the strength of that sentence. What gives? I'm sitting here naked waiting to buy fancier clothes.

It's clearly a project that was thought through with incredible thoroughness and designed to sustain itself for a long, long time. Answers were already waiting for questions that didn't exist yet and things were considered that'll happen decades in advance.

Long term believer. Short term - a no longer carer.

Would $160 truly break any spirits by now though? If you're still here after the fall from the tippy top you'll be pretty immune to capitulating. People are either in it for the long haul or it's an overwhelming 'fuck it, let's see where it goes'. 160 is a piddling percentage down compared to the overall fall.