Is this the first time a judgement like this has been made? I can't think of any other equivalent.

It makes you wonder about all these reports of Binance and Huboi OTC desks disposing of vast amounts of stolen funds in the semi open. I guess they have unhelpful jurisdictions to hide behind.

If nothing else this will make mixed funds all the more toxic in the minds of exchanges even when they're impossible to pin to any crime - yet.

It's impossible to know how much anyone anywhere knows about it. The person you mention it to might have decided they want some but have no easy way of buying it. You might make an instant deal.

Not a vast amount any more. I've seen even error coins, theoretically the most desired brass coins but not the rarest, only make 1.1 BTC or little more on here.

https://bitcointalk.org/index.php?topic=5216779.0

Search this section for more. I haven't seen any 1 BTC brass coin go for more than 1.2 in recent times.

If your friend goes on Ebay they may achieve much more than coins go for on here. Whether those published prices are successful or don't end in disaster is another matter. They may point to it and demand more from you but good luck if they choose that route.

Bitcoin's value is entirely down to trust. We give it value because we know it's secure. The developers are competent. There's too much mining to 51% it. The focus is on sustainability and security over anything else.

I can park money in 1 BTC and be vastly more confident it'll still be there and worth something in five years than any alt.

Any hard fork will be controversial. It will splinter the community. People will attempt to hijack it and twist it to their own ends. There are thousands of competing interests. Very few of them agree on anything. The one thing they do agree on is Bitcoin in its current form even if they don't like it.

I don't give a shit about Filipino shoppers if it means adding risk. We need something dependable and cautious. Bitcoin came out of nothing and will go back to nothing if it's broken. It would be great to accommodate everyone. At present it's not possible. Any alt that claims it is is either lying, barely used, centralised or not battle tested enough to convince everyone.

Keeping Bitcoin alive, strong and progressing sensibly is the best course of action.

I've done this with a holiday rental in the US. Using banks it could take up to 4-5 weeks to sort out as America is a third world country when it comes to banking.

One place started screaming about drugs and hung up. The other said yes after a brief explanation.

I wouldn't bother in a normal shop. They have better things to do as do I.

The bigger Bitcoin gets the less relevant any shitfork will become. There'll come a time where the idea of 'flippening' is laughable. It is now but it just might be briefly possible if you fuck with market cap and corner your shitfork market enough. I expect BSV will attempt it at some point.

The people who do attempt another one will wander off into a dead end. At some point Bitcoin's market will largely be professional money. In no way will they be remotely interested in nobodies spitting dummies. They will stay where the money is and almost everyone else will follow them.

I don't believe any alt is comparable. They have little to no institutional or commercial buying. There's no Grayscale, Cash app or OTC markets worth mentioning for any of them other than ETH and I'll bet that's a ghost town most of the time these days.

The first places big arse buyers will look to is miners as they have a constant need to meet costs and investment in a way a holder does not. If they have half the good shit they used to every ten minutes then that's going to have an effect of some sort and an effect that will continue.

Resorting to having to prise it out of an existing owner's hands is a rather trickier and much less dependable option.

Hitting a 1.8% inflation rate just as the big league trading options and awareness heats up means that this halving, or possibly the next one, will be the one that pushed Bitcoin on to the world stage for good. It'll be seen as the most significant of all once their relevance has faded alongside the block reward.

I don't care about the gold correlation thing or pay any attention to it but certain American politicians voicing the potential of BTC to play a global role does show a few of them are paying attention and I don't remember any of them saying that before last year.

It's in no state to do that at present and it certainly doesn't do that either, but some day it could.

I watched all of the first round of Libra hearings in congress or wherever it was and it was clear they are conscious of Bitcoin's possibilities. They were simultaneously wary of letting it run riot but also of letting America's position in the space slip away.

They also very clearly understood the fundamental differences between Bitcoin, all the other shit out there and tokens like Libra in a way that was deeper than I expected.

1 BTC = 1 BTC is totally meaningless.

We live in places that have a cost, we stay alive by eating things that have a cost, we murder people over certain amounts of money.

All of those costs have to be measured and if we can't meet that cost we're screwed. If 1 BTC = 1 loaf of bread that's rather different than 1 BTC = 1 house.

Nothing concrete sets Bitcoin's value. It's the decision of the collective and that decision will change constantly due to innumerable factors. I can't see that ever changing.

This surprises me. The only stuff that makes money in 'blockchain' are exchanges and conning VC investors into throwing money at any old shite. I would've expected it to have gone quiet for now at least.

If IT burns through qualifications at a furious pace then 'blockchain' has only just gotten started. What'll be put into actual use in a few years will likely bear zero resemblance to what they're playing with now.

The only area of 'blockchain' I'd be specialising in at present is bankruptcies.

There will never be enough consensus for a hark fork other than a catastrophic technical problem. There are just too many competing interests and agendas. All attempts to force it have failed and as time goes on it'll become ever less likely.

In a few more years the thought of it will seem as outlandish as voting to get the sun to rise two hours later.

Corrected just for you. And all of us too.

Interesting to know if any miners who aren't perverts picked it up on the recent explosion. They might be looking to tempt people driven out by the difficulty spiraling.

Not exactly an earth shattering insight.

Overstock were keeping some of their income in BTC. Protonmail have kept all of the BTC they've received uncoverted. Plenty of other places won't have a choice. Every expense to put whatever in front of you is costed in fiat with their tiny margin on top.

As for being paid in it, it's the chance you take. Sometimes you win, sometimes you'll lose. People will otherwise convert their fiat back into it so it's much of a muchness.

Everything I've sold for BTC has stayed in BTC. I pay for plenty of things with it too. What they do with it is up to them.

People said that about the return to $1000 and the return to $10,000. Nothing of note happened and it carried on following the trajectory it wanted. I think that one's a dead idea.

If they're waiting for a high price the same FOMO will hit again. And they'll probably sell for far less after the high has been and gone.

How does this compare to previous years? Is this in any way unusual or pretty much the norm? I presume in bearish/boring times the lack of movement increases.

Because some think he was right behind Satoshi in having a mountain of it. That's clearly not the case but it's an easy thing to assume. Everyone seems to believe that if you were there at the start you instantly knew it would be where it is today and stuck at it through thick and thin.

I would support something along the lines of adoption - home visits, family interviews, endoscopy, criminal record checks and closely supervised play sessions.

This forum should recruit around 5-600 case workers, rising to 10,000 during bubbles.

We haven't had this thread for, ooh, at least a week or two. I was starting to miss it.

Then start some.

It would be disingenuous of me to say I don't post more or more consistently due to having a sig thing. It doesn't change my behaviour. It might magnify it.

There's stuff I couldn't do or pretend to be interested in for the sake of a signature campaign. That's why I could never see myself doing a gambling one unless they didn't give a shit about their bitch never posting a single thing about gambling.

If the alt section was paid I might venture in the more general threads but that's in doubt as more than a few minutes in there and I get a nosebleed due to the usual quality of discourse.

I completely forgot about that.

Since OP appears to be in the EU they'll be offered a completely different selection of cards. Bitpay is showing me lastminute.com and Virgin for travel options. I think that might be Virgin holidays rather than airlines but I haven't checked.