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Thank you. I think I'll refrain from updating for the time being.

All 3 may survive these 10-20 years... Only thing that's almost certain in my view is if Bitcoin goes down, all others will most likely go too. For other to exist, there must be Bitcoin or anything based upon it. But nobody can make exact predictions regarding this...

I think we can consider Satoshi's coins as lost, unless found/stolen... As for others, don't forget that many people who have large holdings in Bitcoin have a vested interest in the ecosystem and/or are worried in other things beyond profit, so they can't exactly "tank" Bitcoin.

OP has fair points. Japan is a massive, has quite a bit of population and is interested in tech earlier than most. This being true I can conclude that Japan isn't leading Bitcoin to mass adoption, if it was we'd haver a 5 times bigger unconfirmed transaction queue by now!

If this becomes a reality I'll stop using Bitcoin for shopping/payments. 10% extra is just too much. It doesn't compensate for the ease of use and security compared to traditional fiat methods. I think I can go further: if this becomes a reality not many people will actually use Bitcoin for anything except trading and maybe gambling.

Asking what we'll do about micropayments is taking a step back: things are already being done and scaling discussions have been ongoing for many, many months.

This is already being discussed on the project's thread, from here onwards.

Does this mean old versions in cold storage have to be updated? And will I need to create a new wallet? If I'm not mistaken my cold storage wallet is still on 0.93.3.

I assume you want a cold wallet in which it's online counterpart does not require a full blockchain. If so, what you have is (probably) already the best for you. Do you have any specific issues with Electrum?

Hence why choices aren't so black and white as this poll...


Banksters aren't out of anything, those millions have to be paid back (if they weren't yet) and with profit... Banksters are never out of anything (thus Bitcoin was born...)


What slumber, exactly? Last time I checked they weren't having any issues.

We will always debate about scaling (a permanent solution to this issue seems highly unlikely), but your post makes it look like SegWit/Block size increase will still be a issue when you're 60... So I take it you're 59?

BTC will not go up in price if it is unusable (by being unusable I mean have ridiculous fees), but while we have scaling issues so urgent like we have right now, price will be the least of our worries

Trump can tank Bitcoin with a tweet if whales want to make it look like Trump tanked Bitcoin with a tweet... Whales can take pretty much any news and make it worthwhile regarding market movements.


Just because he's the US president and is "required" by the international community to have an opinion on everything, it doesn't mean his opinion or stance on something is more valid than any other world leader or even any other person in the world. Things would be bad if the market decides it wants it to be hard...

If he said he'd be "banning Bitcoin" then consider that another promise by a US president...

There's no trash narrative to this, if someone is spamming the network, the only narrative he wants to come across is that we need to scale. If this is a good way to have the message go across or not, that's questionable, and a different issue.


Either that or fancy having our descendants still using Bitcoin...

If you want/need off-chain solutions there are wallets allowing you to do so and have transfers between accounts without the need for confirmations, for free.


So you're saying it is impossible to have this at a mainstream level without these systems in place?


Emphasis on the time being It's not "just how it is". If we settle for that, then effectively Bitcoin won't even scale further from what we have. Wouldn't you like to see Bitcoin scale? if yes, then it's not "just how it is".

I think the question is more "why not"? Looks like the Litecoin dev team is available to help them...


Unfortunately I think there aren't pool operators doubling as code contributers for Bitcoin. Or maybe there isn't any pool operator with a good/better idea to begin with.


So Open Bazaar started to think about adopting altcoins because Unlimited released a botched/bugged update? Doesn't look like so.


That's correct. Open Bazaar isn't dead, there aren't many people using though, from what I can gather.

Not sure of a better way to describe it than what's already in the abstract


It's basically a SegWit enforcement. If it's not activated on a certain date, this would activate it.

You can read about it here.

So what's the "certain level of balance" does an account have to reach before being requested for KYC?

It's great if they keep a no KYC level, however I don't see regulators liking that. No more fees and KYC, let's see what Chinese traders have to say about this now...

Probably nothing. Satoshi wouldn't be able to save Bitcoin out of the blue, he'd be just another voice in the crowd like each one of us. I'd stay in the shadows, watching it all unfold and see if the experiment would be successful or not.

Yes, it will be the same regardless of storing the blockchain in the SD card or USB device, you just have to point the datadir wherever you want/need.

If it's a Pi3 you (most likely) won't need an externally powered disk, it should be enough to have a good power supply for your Pi that can provide at least clean 5V 2A (low quality supplies or cables are a no go). Additionally, there's code that allows you to give USB ports more power, in case you need.

Yes, use the -datadir option.