Why didn't you jump out of the ship when it was newly launched and at the crest of the wave in blazing sunshine surrounded by singing dolphins?

Why are so many people only now talking about bailing when many things are 95% or more down?

Only one thing really needed to happen and it did - a bubble. The behaviour was similar on the way up to the previous one, it stands to reason that the downside would look similar too. Obviously the timing and numbers were different but the sentiment not.

Still it was a good call despite the derision it attracted. Let's see if it's the definitive one.

Brilliant post.

I'd say though that people should decide on a price and proportion of coins that works for them and get rid no matter what the market looks like it might do once those targets are hit.

If you can't bring yourself to do that then you either have the wrong price or proportion.

At the $10-15,000 level loads of people will be back in the black and it may sit there and not do much. That's a humongously more relaxing time to do to.

They should've perhaps rephrased it as a hardware wallet, but that's not quite as catchy. All hardware wallets are are isolated elements. You could just as easily have one of those installed in a phone as a fancy USB stick.

This is an interesting watch about the first proper attempt at a 'blockchain phone'

https://www.youtube.com/watch?v=PR5PkTa1ags&feature=youtu.be

It sounds clunky and still largely a mystery.

Small problem using market cap as any type of psychological barrier.

1 - market cap is horse shit.

2 - nearly half of that figure is made up of wretched shitcoins.

I don't think we're going to get a crypto spring until plenty more shit is flushed away. That means a market cap considerably lower than where it is at present.

I can't believe most of them have retained the price they still have. Which says to me we still have a ways to go.

But it will be another bubble.

The only time it may stop being a bubble is when a large enough number of people own it, understand it and actually use it. If a big enough proportion of people were using it as a savings vehicle and/or currency they would massively outweigh the speculators.

As it stands 95% or more of people involved are interested in it for its future prospects, not today's, and that makes them speculators.

That's the message you get with the update.

It's starting to sound like it's more trouble than it's worth to attempt to migrate your old account to this. I'll have to experiment a little with it before deciding.

That makes sense.

I've only exported seeds to get my hands on forks, and Segwit seems to be problematic for that and forks are dead anyway so it makes no difference to me. Either I didn't read it properly or they could do with explaining it better. Someone might get a shock if they expect their Segwit coins to show up again.

Doesn't anyone think another bubble post halving time feels just a little tooo convenient?

We should be paying attention to the regular markets above anything else. Bitcoin has basically existed during totally unchanged conditions. It's just on the cusp of stepping up to something bigger at the same time as everything looking distinctly wobbly. It could go either way.

If it gets up to a healthy level but shows no sign of bubbling I'd be looking to realise some money.

I remember watching an interview with a Chinese bloke who was heavily involved in mining, one of the very few interviews I've come across with someone who knows anything about Chinese mining.

He said most of the people he knew of who were mining in China did not understand one single thing about Bitcoin, did not care what they were mining, and were solely concerned with getting as much CNY out of it as quickly as possible in the easiest manner.

Others will of course have a different approach, but trying to second guess their moves through their unknown motivations and situations is a task and a half.

Mycelium has now gone full Segwit including bech32. When it updated it said something about certain seeds not being able to migrate to a Segwit set up. Dunno what that means. Mine crossed over just fine and it's a pretty old seed. You can switch between legacy, p2sh and bech32 to receive and send.

Now I don't have to justify my sentimental attachment to it any more.

How many hosted wallets are left other than Freewallet? The same deffo applies to exchanges.


A Coinbase listing will soon be common as muck. Loads of shit is getting listed there. It's possible they'll have a second tier listing of some sort rather than an in Coinbase option. I guess Coinbase Pro is that.


It looks like the SEC is circling ever tighter. Many ICOs are going to get a large bill and absolutely no way of paying it back. Once all this is done and dusted I expect less than 0.5% of ICOs to still be going, let alone have achieved anything.

The NEM council election happened today and a new team is in place that should be committed to addressing the stuff that caused people to go batty. The future is looking rather more promising now than then.

Can't you use all those GPUs to create a giant VR wonderland where lovely maidens drop crypto from the sky?

As long as you hook hoses to your gob and toilet area you won't need to leave it until it's a reality.

I don't see what the problem is with human meat as long as it was ethically obtained. I'd happily munch away on it in a survival scenario providing the provider gave consent. I'd be less inclined to try it if it was served up a by a sweaty man from a Thai street stand doing a 2 for 1 offer. I'd check whether the number of street kids was unusually low around there.

Vat grown meat is an amazing idea and I cannae wait. There's nothing but upside. I think in the future people will regard the animal eating industry as bizarrely as we view slavery today.

Can you name names? I occasionally hear mentions of London based stuff but never the actual names.

What did Cumberland pull?


Very few ATMs can be sold to. Most only sell to you. And even fewer will have more than a few hundred dollars in them.

Leisure suit Larry is all the game anyone needs.

Get your Ukulele out and do us a little ditty on Youtube then.

Note - 'the year' as in this year what has less than two weeks left.

Next year might have even more best opportunities and they'll be right there to advise us on them.