its time we face the music, we must split the blockchain, its the only way, there can be no consensus, we must agree to disagree, and part ways amicably.
So, what are you waiting for?  |
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Switzerland is locked into all sorts of EU rules as it is in the EU custom union (they recently had a referendum to stop free movement of people and the EU forced them to ignore it).
This is misinformed opinion. Along with Norway and Iceland (and the UK soon), Switzerland is one of the only Western European country out of the European Union. Of course there will always be political pressure from the EU, but this is also true for the US as any other major economic pole in the world. The EU didn't force anything, they threatened to revoke many bilateral (peer-to-peer) treaties if the immigration policies between Switzerland and the EU were to be restricted. It did not happen, and status quo prevailed. This has much to do with politics and little to do with economy. Basically the UK would be a better bet for the home of cryptocurrency are they are going to Hard Brexit and ignore EU rules altogether.
The UK seems to be very keen on enforcing any US policy in general. Compare the legal situation on copyright infringement. In Switzerland, you will find that downloading copyrighted material is legal, and uploading them may theoretically at worst make you the defendant in a civil lawsuit. In practice, if you're just a petty home downloader, you can safely ignore any cease and desist or legal threat with a settlement invoice, although they are very seldom even sent out. The fear tactics may work on some people (they may just pay up), but I really wouldn't care much about these. One of the three judges of the "supreme court" (Federal court) has publicly stated that he does not feel like lawsuits are the appropriate "tool" to fight illegal download on the internet, and to this day AFAIK no law firm has even attempted to set any legal precedent. In the UK, I believe even downloading copyright material is a criminal offense that exposes you to much more trouble. The law is much more restrictive in terms of internet freedom, for example nationwide censorship is applied to nationwide internet providers (governmental blacklist), every other year some enlightened judge threatens to ban porn from the UK internet altogether, etc. |
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It's this service still active? I went to their site but i didn't find this service.
Actually I think it never made it past the press release / announcement. I don't think there is any alternative, at least not advertised. |
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At least it brings some kind of closure, just like when the body of a missing person is found, I guess? Not... But yeah, lesson learnt, as for the coins I wrote them off a long time ago. BTW Burnside, when are you writing a book about the BTC-TC experience? Of all the legendary figures, you seem to be an exception (i.e. no exit scam) |
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Voilà ... quand mon virement arrive, le bitcoin prend 60 euros à la hausse.  alalalala ! +1... pourtant Bitstamp sont rapides avec les SEPA |
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Ben voilà, les soldes c'est bientôt fini...  |
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Yes, l'affaire est dans le sac  |
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With all due respect, I would assert that 'keeping the bitcoins' *is* the most "stable" investment indeed.
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On doit ces envolées à qui principalement ? les indiens ?
Les cryptolockers ? Sérieusement vu la non-correlation avec Google Trends ça semble assez organique quoique passablement spéculatif sur décembre... |
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At the moment, if you need quick settlement you'd better triple the usual fee.
You should go at least >100 satoshi / byte if you want to make it a matter of hours.
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Chill out, it's just the Trump effect fading away
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Allez Trump président vous allez encore dire que les nouvelles macro n'ont aucun effet ...
Illustration pour ceux qui auraient raté l'épisode d'hier. The Bitcoin Trump Hockey Stick  |
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As long as the absolute value of your transaction is high enough, the relative value-to-fee ratio stays low even if you have to go over 100 sat/B.
However, lower value transactions will become more and more affected as the race for block space goes on.
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Actually, you *can* cast a sphere onto a plane. Now wait...   |
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It's not an attack, again, it's just the result of saturation on the blockchain. The recent price increase has resulted in a high amount of transactions, much higher than the regular volume. As a result, you are now seeing over 60k transactions that have built up on the queue: https://www.bitcoinqueue.com/details/4d.html Are there fees in those txs? I guess there are. So it will be a game theo task to the miners to switch to BU and earn that extra honey first and we will see a run.... Yes the fee breakdown is in the key frame at the bottom in sat/B |
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C'est enfin la rentrée du Bitcoin N'empêche que ça reste encore le bon moment pour acheter tant que c'est <$700 à mon avis... |
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It's not an attack, again, it's just the result of saturation on the blockchain. The recent price increase has resulted in a high amount of transactions, much higher than the regular volume. As a result, you are now seeing over 60k transactions that have built up on the queue: https://www.bitcoinqueue.com/details/4d.html |
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That's not a problem, because look, now, the average computer has at least 1 Tb of data, so I guess in 4 years, it will be something like 3 Tb.
If you look at the numbers, 700GB is not much in today's world, as it has been stated repeatedly. The problem would rather be about the threshold to keep the network propagation reliability reasonable wrt to the total number of transactions in a given amount of time. Right now, there is a transaction jam on the Bitcoin queue, but that is mostly caused by the steady increase in Bitcoin price. There is no question that a higher tx/sec throughput is needed in the long run though. |
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Maybe there is a certain amount of opportunism pumping going on? If there is a bit of locking out of folks, and inability to anticipate or to get "in" for a pump, then the pumpers can feel a bit of pleasure in locking folks out of the pump, and then get the price to a point in which they can dump onto folks? Is that price point mid to upper $700s? If this does not play out well, then the pumpers (manipulators) could lose control over the situation if it gets into the mid $800s. I am of the theory that manipulation does exist; however, not even the manipulators have perfect information or are able to completely control price directions... but they are in a decent position to take advantage of situations as they present themselves and maybe even to manipulate within those newly evolving parameters (more quickly than the regular guy). There is definitely some opportunism (and optimism) in the process, but you can't fake the long term trend (I'm speaking 2 years here). Bitcoin is scarce by design, and that is the precise reason why it is superior or at least a necessary alternative to central banks, when the latter have been seen handing out money (and printing it in volumes) over the last few years. |
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