Ahah maybe yes!
But I still want to put 10$ in there, and if the thing works, boom!
Otherwise I wasted only 10$, who cares.

Thank you, dude!

Bitcoin and altcoins ties are very weak.
They are powerful right now, just because ALL cryptocurrencies are mostly used for SPECULATION.
This means when people see Bitcoin is raising, they trust more that all altcoins will be useful as well... which is not necessarily true... and probably just not true at all.

Once Bitcoin will become mainstream for USE (buying goods), then it will REALLY take off and blow up to 10000$ in few months, then to 100000$ in another year.

But at that point, altcoins will stop at the bar for a very simple reason: Bitcoin will take off because it will be possible to use it to actually BUY STUFF.
That's because it has been implemented as a method of payment on thousands and thousands of shops and services, thing that is NOT happening with altcoins.

It MAY happen in the future, though, especially for Litecoin, imho.
But in first instance, altcoins could take a severe hit when Bitcoin will boost to the Moon, exactly because people will understand that its value is in its spreading in the mainstream as a way of buying goods, and altcoins could be seen as a failure as they will remain in there only still as speculative currency.

As per title.

Can you tell me where to find information about Bitcoin division?
I follow it since a couple years, never read about that possibility to divide Bitcoins in smaller parts than Satoshis.

So what? When Bitcoin becomes widely used, that is going to change.
It's normal that at the moment, when Bitcoin is mostly used as an investment asset, there is a huge number of them sitting unused.
I have less than 1 BTC, and you bet it: it's sitting warmly in my wallet.

I presented a way to "spot" lost coins: they would be out of use since years and years.

Around one year ago, I made a quick count and found that 21 million BTC, if they would be distributed to cover ALL the Earth wealth (241 trillions), they would be not granular enough to be used as currency.
To say it another way: a single Satoshi would be valued something like 50 or 100 $, and couldn't be used for shopping in a comfortable way.

Now, of course this is an utopian scenario, but it still is a POSSIBLE scenario, and one that we all hope will be one day reached.
Sure there's alternatives out there: Litecoin could come into play as THE alternative for everyday transactions, it also has a much higher cap, it would be the silver of cryptocurrencies, and Bitcoin could be the gold.
But still: each Bitcoin or Satoshi lost, in a scenario where all Bitcoins are used, would represent a failure when granularity is not enough.

Not like that.
In a possible future that we all are hoping, Bitcoins will be a used everywhere by everyone.
There will actually be scarcity of them.
People won't BUY bitcoins: they will USE them and EARN them with their work (until AI and robotics will take all of that...).

I agree with this: it's not an actual problem. It may become a problem in the future.
But if what you say is true, that also Satoshis can be divided, then there is no problem at all, I guess.
But I've never read anything about this, are you sure this can be done?

I don't think so: nobody knows anybody has lost his coins, there's no way to know it, apart the case I exposed in the previous post, or by admission of the user himself, which can be fraudulent.
AT THE MOMENT the value of your coins is UNAFFECTED by lost coins.
In the future, when we'll hit the wall, THEN this may affect it, as less and less coins will be in circulation.

OK I'll try to be more clear.

Case: 10 years from now, developers uncover that 5% of BTC are unused, since 10 years.
Those wallets are much probably lost. Users don't use those coins for the simple reason they have lost their keys.
Hypothesis: reintegrate those coins by mining them back.

Another case: coins WILL keep being lost as time goes, this happens with fiat money, and WILL happen with Bitcoin.
For a long time now there won't be any problem of course, but IF Bitcoin will become a hugely widespread currency, as we all hope, then this WILL be a problem.

And I mean really, really lost.
A lot of people can't remember their passwords after 4 minutes since they set it up.
But apart this, there's several ways bitcoins can get lost, like in example if you have a wallet on a USB key and this breaks and you have no cold backup.

This will inevitably bring, in the future, to less than those 21 million cap.
And they WILL keep going down.

Is there a plan to reintegrate them?

I still got nothing back, he's just teasing and hoping some people send him more money.
I'm getting paid every week or two some 0.00006 BTC.
This is not really a ponzi.
It was like this: as the difficulty of mining was increasing, he could count on giving less and less money back to customers.
But he faced the wall when the increasing in difficulty stopped and went back.
He had to pay more to the customers but as he didn't really buy any infrastructure to mine, he was fucked up by the cloud mining services he himself used.
Ironically, if he invested those money for buying some mining hardware, he would have gone very well when the mining difficulty decreased.
I hope this piece of shit will spend all those money in doctors.

The worst thing about all of this is that the guy still think he can tease hundreds of people.
He came on the forum with the PBMining account saying that "OUR DEVELOPER", while it's clearly just himself alone that did all the shit.
I really hope that somebody will find him and beat him for good. Then post the photos please.

I agree.

What you publish on social networks is PUBLIC.

The only real problem can be clear and explicit menaces.

So just don't do menaces, just wait if justice will move.

And if it will not, do it yourself.

Sure is, he has to pay.

*

This kid really needs a GOOD lesson.

I completely agree.
This piece of... you know what I mean, also laughed at my face when I wrote on the forum that his activity was a scam.
I hope he will go to jail and pay and maybe learn something.
Or if this will not happen, I hope he will get some... a lot of, so that he will have to spend all those money in doctors.

Of course I don't know more than anybody else around here, I base my intuitions on the data we have.
Statistically, I think this is the most possible scenario though.