It'll get eaten. They arb across exchanges. Someone wants to cash out to GBP and knows they can do it easily.
Coinfloor seems to lag Stamp a little, so you can see the next movement coming. That wall is going to disappear...

So here's the update you've been after. I hope it's been worth the wait and think you'll agree things are looking pretty exciting right now. Cross-posted from Slack:

rob [5:10 AM]
Okay chaps, so I'd like our next formal update to centre on a product development update by Jins, but in advance of this I do have some news I'd like to share. Here goes:

[5:13]
1. Our litigation finally settled yesterday. I am not at liberty to discuss any of the details but suffice it to say that I am content with the terms reached. And I am more content still that we have emerged relatively unscathed from an ordeal which, for a time, posed an existential threat to the project.

rob [5:22 AM]
2. The team is growing: Jins Kaduthodil (https://www.linkedin.com/in/jjkaduthodil/) is now full time as COO and Head of Product, Mary Powell is full time on Compliance preparation, Bobby Watts (https://www.linkedin.com/in/robertjwatts/) has joined as our lead on Business Development and Jackson Chan (https://www.linkedin.com/in/jackson-chan/) is joining us from Macquarie Group on 13 Nov. We are on the hunt for one further developer but we have sufficient to get out of the gate and I want to make sure we get the right fit. (edited)

[5:27]
3. Timeline: with back-end work (internal) progressing well and front end effort ramping up (Round Table Apps) I see nothing at the moment which will prevent the core work being completed in-step with the product roadmap we released last month.

rob [5:34 AM]
4. Launch. We have taken the decision to target 26 Jan 18 (Australia Day) for the launch of our first pilot product, which will be a Chrome Extension that when active, rewards Australian consumers with Incent (which we buy back off the secondary market) for online purchases. Essentially this is an affiliate marketing play but whereas competitors make program members wait up to 3 months for a cash-back reward, the release of Incent can be more or less instantaneous. Given the prevailing hunger amongst the Australian public to 'get into crypto' we are quite excited about the potential of this product to make an impact. So we are going to give it a red hot go.

rob [5:39 AM]
5. Brand. We've spent the last month in a branding exercise with this gentleman https://www.linkedin.com/in/matthew-busby-andrews-6b9b275/. As I await formal feedback on Busby's deliberations I genuinely don't know how far he will suggest we go or the extent to which we will feel compelled to enact whatever he recommends, but I will keep you informed before we do anything drastic.

[5:41]
6. Marketing and PR. You'll appreciate that to succeed, the pilot product is going to need quite a push locally, so you're going to see marketing efforts ramp up gently until Christmas and hit 'overdrive' as we move into the New Year.

rob [5:50 AM]
7. Market Operations. It will surprise none of you to learn that the approach of a commercial release is concentrating thought this end on settlement. As it stands we have programmatic solutions ready through both Bittrex and Waves DEX but while our preference, for reasons you all understand well, would be to settle through the DEX, we need to move the volume across first. While I'm not in a position to confirm exactly how we will attempt to achieve this just yet, I want you to know that this is our aspiration so that you understand what you are seeing when we do get cracking. Finally, I want to be clear that any market operations we undertake have the sole aim of facilitating settlement.

[5:51]
Okay, so that's the headlines for the moment. I'm going to be offline for the next few hours but please do fire your questions back and I'll get to them as soon as I can.

That story is just fantastic.

I'm not sure how reliable the futures market was for BCH, but in any case B2x futures will be thinly traded, confined to particular exchanges and susceptible to manipulation.
In the case of B2x, I also suspect that the lack of replay protection will discourage some traders when exchanges enable it. So additional volatility from that...

Whether people consider them good or bad, they're unavoidable in this kind of market. I'd just reiterate please be careful trading. Once volumes are higher through organic demand and deeper orderbooks, this kind of thing should happen less.

There is no 'foreign' for blockchain

That's clearly a question you need to direct at the EncryptoTel devs. I'd suggest you didn't call them stupid either, they're more likely to give you a constructive answer.

So funny.

That would not be cool.

Being in Blighty I got to live through the whole Pig-gate thing too. Fun times.

Watched the first one. It was a kind of sick genius. Couldn't face any more though.
Oink.

Things have evolved a lot since our ico on both the tech and regulatory front, so if you have questions it's probably best to ask.

https://twitter.com/richiela/status/918574269499523072

Someone got lucky and scooped some very cheap INCNT.

The Cryptopia listing is unfortunately due to them delisting all Waves assets, so until Waves is re-enabled there's not much we can do.

We can't say much about any ongoing legal matters, other than we believe things are close to a conclusion now. As ever, when we have something concrete, we'll let people know.

Why don't you call the real estate agency Sherlock?

A few coins were delisted. Seems like lack of volume. The only trading there appeared to be bots.

This article is also well worth a read: https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

It makes the case (which many others had assumed but that had not been proven) that Satoshi mined around 1 million BTC.

Like others, I had assumed that Satoshi may well have discarded some or all of the keys to these wallets. However, this post makes that seem unlikely:


The question of whether he owns those coins or not therefore comes down to whether he is still alive.

It's also worth posting this update from Rob:

Have just secured a 2 year lease on this property in a lovely suburb on the fringe of Sydney's CBD, from the end on November. It need's a little smartening up but we think it has stacks of potential and room to grow + we'll be able to host prospects/meetups etc - and any visiting Centurions! https://www.realcommercial.com.au/property-offices-nsw-darlinghurst-502395782

We've reached a team size where a co-working space was becoming uneconomic, the background noise was bothering the devs and we'll need a totally secure environment to operate from anyway. Finally, we think we can inject some brand identity and personality into our new HQ that will encourage adoption.



That should encourage people that we're planning on being around a while.

Hi all, time for an update on Incent's development and roadmap:
https://medium.com/incent-loyalty-blog/incent-update-and-roadmap-9d9d6d7383d0
There's more to tell you, but one step at a time...

Yep. I think things are starting to look pretty good.