Maybe I'm too far gone to be objective about this but 11% feels like another ludicrous figure to me. I just cannot see that high a percentage of people willing to take a bet like that. If 35-40 million Americans owned some we'd be hearing considerably more about it than we do, though we do hear plenty.

I'd never really considered that virgin BTC would be as tempting to dodgy people as it would be for those looking for legitimacy. It makes sense.

If people want to over pay then let them. Whatever they did pay is lost the moment they move it. I guess that virginness must be worth a lot to them. Coins can only be virgin once and the amount of new ones will continue to dwindle. This is a contracting area with shelf life of only a decade or two more before so few are mined it'll be impossible to do much.

This is one of the few crypto-related surveys that has a result that feels vaguely believable. 4% is still a lot of Americans but it feels within the bounds of possibility, unlike the ones that throw up figures like 20% of Turkey being balls deep in it. We're starting to get more real world metrics such as app downloads that back stuff like this up.

I don't believe that poster.

I only know one person who bitcoins on iOS and they use BRD AKA Bread Wallet and seem content. I'd be happy enough with Coinomi too. I've never had a problem with the mobile wallet but I wouldn't park large amounts on there.

One wallet everyone should ignore is Mycelium on iOS. Unfortunately not enough people realise it's effectively been abandoned. More than fine for Android of course.

I think at some point they will tell exchanges that the price of doing business is not doing business with privacy coins.

If cash were invented today you can bet your arse there's no way they'd permit it. It goes against everything they're trying to achieve in the monetary field. Like many things it's still part of our lives because it existed long before the current crop of politicos. That doesn't mean they won't do all they can to extinguish it.

The sheer quantity of nothing accounts popping up in this thread defending them is somewhat revealing. Since when have a number of complete and utter noobs cared so very much about this one  justifiably objectionable, and rather obscure, subject?

https://www.indiatoday.in/technology/news/story/govt-committee-recommends-ban-on-cryptocurrency-in-india-1572446-2019-07-23

Another one here.

This is the least surprising development in recent crypto history if it turns out to be true. See ya later, India. We hardly knew you.

Kind of meaningless when there are so many bullshit exchanges out there.

They're only 10 places below Gemini and five below Itbit and they probably believe they're in competition with them rather than one Indonesian 9yr old and his bots.

In other news - https://www.coindesk.com/circle-moves-non-us-poloniex-customers-to-new-bermuda-entity

Please define 'good' for us.

If I was looking to put money into an entirely digital asset with zero value beyond the belief users have in its value and utility I will be looking for network effect, security, attack resistance, decentralisation, competence and the spread and depth of development.

If something has none of that but 60 second confirmations on its one data centre chain plus a 'partnership' that consists of a canned fob off from whatever company they're lying about that's not going to sway me.

He is.

I don't understand why It is tolerated by the man with the plan or engaged by long time posters who should know better. It's slowly draining the joy from this thread.

And any newcomer will wonder what the fuck is going on.

I've never doubted the prices he espoused were going to happen at some point. It's the timing that's been wrong most of the time.

I hope he doesn't have a legion of fans who go full leverage every time he makes a prediction. If they did then they'll all be in cardboard boxes by now.

Then it's far better to just say 'I'm a perma bull' rather than turn up on TV and drop pointless predictions.

He can even get a T shirt printed saying 'I'm a perma bull' and he can point to it when anyone asks him what he thinks the price will do.

Still, he gives us something to talk about every now and then.

Trouble is it's the big deposit that's likely to set one's troubles off.

If anywhere has a whiff of KYC I wouldn't bother putting a penny in without verifying. The places that claim they don't, or it's selective like Changelly, usually spring it on you at some point anyway.

Um, what did you expect?

Almost every single no mark who arrives here making loud claims is a scammer. Non scammers are in a microscopic minority.

That's the reality. Deal with it and earn the trust you so loudly seem to be demanding. If you feel you somehow deserve it then that's great. Don't get arsey if no one feels the same way. Turn opinion around with your actions.

Disagree. mBTC, bits or whatever is just asking for people to be placing the wrong decimal somewhere and ruining themselves. I still get stumped by stuff priced in mBTC

There's BTC. There's Satoshis. Anything in the middle adds confusion and will eventually be abandoned in favour of Satoshis anyway. Much better to go straight from one to the other.

Agreed. There's plenty of interesting experimentation going on out there. Maybe most of it would better for them and better for us if they weren't monetised in any way but of course the temptation is impossible to resist.

There are basically two aspects to bear in mind. There's the coin itself which is completely agnostic, and then there's the way pumpers, dumpers and developers choose to treat it. That's where the shit usually starts to seep in.

I think in the next year or two we're going to see alts put into a box for good. BTC is going to assume a position in terms of legitimacy that they'll never hope to match. Of course they never did but enough people somehow believed it.

2017's alt season was kicked off by the Winklessvoss ETF denial. If it had passed alts would've shat the bed and that would've been the moment BTC became unassailable. It didn't happen so they took off in relief. Instead it's going to happen more gradually.

There'll no doubt be many ludicrous alt pumps in future. They're not going to have quite the same whiff again though.

I really can't think of anything that's been heavily hyped that didn't immediately sink without a trace on launch. That's just how it works.

There's the cash futures launch which of course sunk everything but that was a catalyst rather than a cause.  

Well I never. Am surprised.

I think there's a case for stablecoin stats to be listed. It's useful to have a resource showing how many there are, how traded they are and where they can be traded. All the same they'd be much better off in a separate section as the people seeking out that info are going to be a different breed of curious.

Time for OP to lay out that 50 BTC to this forum so he can change his name tom.lee.reporter.

If I remember rightly he's made one call since he popped up that turned out right. Every single other one's been utter bilge. I think his hit rate is about 1-5%. I would favour following a psychic octopus.