It's still postponed indefinitely as far as I know. There haven't been any recent developments.

If anything regarding it were to be officially announced, you can expect the news to blow up. It doesn't have community support and is likely to face just as big of a backlash as it did. Personally, I don't think it's going to happen anymore. It has already been branded a failure, and it would make more sense to pursue different projects - hopefully not another coup attempt.

I would imagine he has a lot to gain if the community were to believe that he is the Satoshi Nakamoto. The man has basically turned into a legend, coming out of nowhere and disappearing without a trace. The cryptocurrency community has a good amount of respect for him, even using his whitepaper as a basis for arguments like Bitcoin Cash supporters. Lots of people want to find Satoshi, and he probably thought he could exploit that.

I personally believe Satoshi can singlehandedly end and stop all these hostile takeovers as people would be much more likely to take his side. He can take Bitcoin wherever he wants to and the community will support him. If Craig Steven Wright could wield this kind of influence, then he could use that to gain fame, fortune, and power. He has since backed off without truly showing relevant evidence, so I would say it's incredibly unlikely.

I would definitely get one if it's free. I wouldn't bother if it were paid because I would likely find the information in there floating around the web somewhere, but to find all of that in one place is pretty convenient. Extra insight never hurts either. Looking forward to reading about your experiences!

Wow that's ridiculous. This is where Bitcoin's lack of anonymity becomes a problem. Then again, the guy could have bragged that he had that amount. There's really no protection you can get when you are held at gunpoint. Just try your best not to let people know you're hoarding Bitcoins, and try using mixing services so you don't get traced. This obviously took some meticulous planning on the side of the robbers, so robberies like this shouldn't happen too often.

If you think about it though, his money would have been safer in a bank. Robbers can't really force you to withdraw all your money for them. That sucks.

The fees are just a natural consequence of the network attack from Bitcoin Cash shills. The attack is the only thing that's shady, not the fees. People are paying more and more to be prioritized by miners, which drives the price up. It's textbook supply and demand.

The number of unconfirmed transactions seem to be dropping gradually though. Fees should be back to normal once things settle down.

Forked coins do not count towards Bitcoin's supply. They're part of a new chain and are no longer Bitcoins, just altcoins with Bitcoin's name appended somewhere. There is only one Bitcoin, and its supply is limited to 21 million. It's alarming to me how some people think forked Bitcoins count toward the supply. It goes to show that not everyone who has invested has basic understanding of it. Forks have no direct effect on the coin they forked from.

Not every forkable coin will fail, but most forked coins will.

Oh wow. China seems to be starting to crack down hard. I wonder what prompted their hostile attack on Bitcoin.

Still, it's too early to draw conclusions. The story seems to be unconfirmed thus far, so this may not even be true. And even if it is, we don't know for sure if the added electricity costs would force the miners to shut down. It may very well still be profitable, just less so. This just makes me think that Bitcoin's energy requirements are unsustainable and is definitely an issue that must be addressed going forward.

Well that's no surprise considering he himself is an investor.

I'm not going to complain if Bitcoin truly does reach that value, but it seems rather arbitrary. Still, powerful people speaking out like this is in our best interests, as they may drive a couple of people to learn about Bitcoin and buy in. It's also possible that the only reason they speak out like this to draw attention to Bitcoin.

He deserves it. His vision helped reshape the world, creating an entire industry out of nothing, and he deserves to be compensated for it. Not to mention he made a lot of other people rich. Whatever the case is, whether he is an individual, which I personally believe, or a group, I hope Satoshi is doing well and is enjoying the fruits of his labor. It would seem unfair if he only got the recognition and none of the glamorous life many people enjoy because of him.

The better question would be: why would you not want to wipe your PC clean after knowing that it has been infected with something?

Format your hard drive and do a clean re-install. Secure it as you should. It it's your home network that has been compromised, use Tor or a VPN service when handling your coins. Bitcoin wouldn't be your only concern when operating from a compromised system either. Your PC could be used for DDoS attacks, your identity could be stolen, etc. The best thing you could do in this situation is wipe your PC. Everything else is risky.

Also, just so you know, typical keyloggers cannot steal your coins from desktop wallets for as long as you don't type out your private key or seed. They can't really do anything with your password unless you also use that password on online services elsewhere.

Nope. Bitcoin's value is determined pretty much entirely by supply and demand. This is why they say the cryptocurrency market is speculative. Prices are dictated by the people, and people are unpredictable.

Certain events, however, usually translate to increased or decreased demand. Take forks for example. You can expect the price to rise because of people buying in for airdrops, only to dump after the fork. Even then, no one can really know for sure what price it will reach, up or down.

And news do matter. The China ICO and exchange ban caused the market to panic, sliding to just below $3000 before it slowly recovered. The development would have to be of that magnitude though.

Lol Japan could teach Western Governments a hell of a lot more lessons than just cryptocurrency.

It's pretty crazy how Japan warmed up to Bitcoins though. Your typical country would have scrambled for a ban after the Mt. Gox scandal, but they showed grace under pressure and instead came up with a way to preserve their citizens' liberties of Bitcoin use.

No country can really say definitively that Bitcoin is directly related to crime at this point, because countries like Japan and Sweden are among the most lenient in its regulation of use, and they're also among the safest countries in the world.

You're from Vietnam, so its legality would depend entirely on your country.

According to this article: https://www.coindesk.com/vietnams-central-bank-announces-ban-on-bitcoin-payments/


Things do not look good for you. You could still HODL your coins, and maybe even potentially trade, but you're going to have to make sure you cover your tracks with Tor and/or a VPN along with some kind of mixing service. It's also going to be hard to liquidate your coins. Sorry man.

Yeah, the network is insanely congested at the moment, but that's because of the Bitcoin Cash attack. That's what I believe anyway. If we follow this train of thought then that means things will normalize after a while, so it may be better to just HODL. People seem to be thinking the same way, with Bitcoin approaching $7000 again.

This has been an eye opening experience though. Something must be done to address this problem. The Bitcoin network needs to be able to handle far more transactions daily.

What rumor?

Either way, this was obviously planned in advance. They were able to mobilize so quickly after Segwit2x was suspended that it's almost certain that that was their plan b. I honestly don't think that it was predictable. You can't really predict a pump to come because it's a person's/organization's prerogative. Heck, everyone was bracing themselves for Segwit2x with basically no mention of BCH. The only predictable part in what happened was the failure of Segwit2x, and it even that failed much earlier than people probably expected.

Who can really say for sure? They've been very contradictory in my eyes. Their first statements were quite supportive and enthusiastic about the technology, then they came out with their plans for their own digital currency and all of a sudden, criminals using Bitcoin is a concern.

Russia is pretty authoritarian though. They even have internet censorship in place, so Bitcoin being outlawed amidst criminal use concern is likely to be in the cards.

He won't. He's testing how the market will react first. Bitcoin Cash's climb to $2700 was probably a good sign, but then it crashed to half of its value. Things are not looking up for them, and there's no way Roger Ver will dump his Bitcoins now.

To the people who dumped BTC and bought BCH when they saw Roger Ver move his Bitcoins, I'm sorry for your loss. You've been duped.

Well, if you put it that way, shutting them down seems well deserved. It's understandable how cryptocurrency businesses are operating on such scammy practices because they have been left largely unregulated until now. Looks like times are changing pretty quickly. Regulation sounds bad, especially on decentralized currencies, but they will probably help in terms of long-term growth.

But yeah the entire situation reeks of ponzi. The UK would be doing the world a favor.

Well that's scary. I don't have a strong grasp of US laws, but can they really demand that information? I know they can get information from Google and the like when it's linked to criminal activity. But then again, isn't tax evasion a criminal offense? This is really scary, as it will set a precedent on investigations of large Bitcoin transactions.

I hope the courts rule in Coinbase's favor.

Judging by the fact that Segwit2x was only shelved and not cancelled, I'm guessing the probability of that happening is pretty high. I don't think it will generate much hype though. People will remember Segwit2x as the failed fork, which should not paint a pretty picture upon its return. There's also the fact that nothing much has changed since then, so they would still have the problem of lack of support. It's basically just dead in my opinion.