Does a bull market need to start for a bear market to end? There's often a yawning gap between the end of one and the start of the other which is why it's so hard to declare the end of a bear market. While it does nothing forever, people keep expecting it to fall. I certainly remember feeling that way in 2015 until it started showing some signs of life.

I dunno if this is a great time to buy. I am a bit more certain it's not a really terrible one.

UK banks have done similar. Strangely enough they let any old donkey deposit on gambling sites with a credit card. You'd think the odds of someone fucking up horrifically by gambling on credit would be just a teensy weensy bit higher. I guess it may depend on the grade of shitcoin you buy.

Neither are of the slightest interest to me. I don't care how 'safe' they are or their 'intrinsic value'. Gold's all time high was in 38 years ago when you take inflation into account, and you should as that's the alleged point. It's still over 50% down on then. I'll be dead before it gets back there, if ever.

My brain isn't wired to handle such glacial shit even if it's supposed to be good for me. If it works for others then great.

There are signs that its price is totally controlled. I only hope crypto doesn't wind up the same. Me hopes aren't too high. 

Can you imagine how a hard fork to increase block size would play out? Because I can't. Everything conceivable has been thrown at it to stop one. I can't see that changing despite any pressing need that pops up.

Every day it doesn't happen makes the possibility ever more remote.

We just had a big ass bug. And I'm sure there are plenty of little niggles we never hear about that don't massively matter. The difference is the thousands of eyes pointing towards it all intent on making it as good as it can be. No one cares if the average shitcoin is broken as long as they can play with it on an exchange.

The Silk Road auctions attracted a ton of attention back in the day entirely because there's no other way to secure large amounts of coins. Cumberland Mining offered to handle the OTC sale of the entirety of Gox's 200,000 remaining coins.

There would be enough buyers who'd absolutely love an opportunity of that magnitude. No matter who you are, you can only dump once.

My estimate is that Craigy has his Yobit sig campaign earnings and not anything else to his name. He probably gets an allowance from his great aunt.

https://www.spectator.co.uk/2018/11/the-problem-bitcoin-solves/

A fine and succinct article that'll be roundly ignored by the usual shriekers.

Paul Krugman - ‘fiat currencies have underlying value because men with guns say they do. And this means that their value isn’t a bubble that can collapse if people lose faith.’

When people in spangly onesies in the future read back on nuggets like that they will shake their cyborg heads.

That's fair enough but I think we'll just have to get used to the idea of implicit blame and move on. It's not as if a decade of near constant loathing has done a great deal to dent it. It would be good if Twitter tightened up on it all the same because the next bull run is going to draw in even more cognitively disadvantaged marks.

You've never bombed someone? Get with the times, baby. U don't get anything done with it these days.

Considering how many toxic personalities there are involved in crypto I'm impressed there's been so little violence reported so far.

By the looks of things no more than a couple of hundred people have registered to vote because the whole process is so fucked up. There's a good chance many of them will be identified as sockpuppets. PoI would've been a better move until less stupid conventional voting could've been put in place.

EOS is clunky Paypal that sucked large amounts from a bunch of numpties. There is no comparison.

https://www.reddit.com/r/CryptoCurrency/comments/9vu7mb/eos_centralisation_in_action_arbitrator_rules_to/

What a crock of shit.

I have no idea what those report writers are thinking and why they have such a consistent hard on for EOS. I guess if Bitcoin was run like that they'd have the control they desire.

There are probably several hundred or more people registered on this forum who are richer than anyone on that list. I don't see anything exceptional about those particular examples. You wouldn't need to actively trade with any skill either. Just buy and hold at the right time.

I'm going to be unfashionable and say yes. Just as the internet has helped to propagate it, the ability to monetise it with greater anonymity will too. It's not to blame. It's just a tool and tools will be exploited by everyone no matter what their motivation. It removes barriers as all technologies do. It's possible that someone with this perversion may act on it whereas before they would not because of it. Same as the internet itself.

Jeff Bezos owns a large amount of one of the most successful companies in the world. How much of that could he actually realise? It's unknown. I wouldn't class that as accessible riches.

The richest person of all time is often considered to be this bloke - https://en.wikipedia.org/wiki/Musa_I_of_Mali

There's no modern comparison. I bet there will be relatively soon.

https://yougov.co.uk/topics/economy/articles-reports/2018/11/07/one-five-brits-think-bitcoin-will-be-common-cash-o

Finally a survey with some results that seem faintly plausible. 4% of Brits reported buying some crypto. That still feels on the high side but rather more believable than the penises who tell us 19% of Turks have some.

Not sure what the sample size is but they have 800,000 members that they tap on varying subjects.

I bet they didn't. I bet they thought in theory they were fine whereas any lawyer, or even any mong like me, could've immediately told them that the real law don't give a shit about your smart contract. It's irrelevant tinsel.

Yet another example of the unworldliness of crypto operators. It doesn't matter whether they believe laws don't apply to them, the law will not agree.

Nah. The best outcome is that it steadily fades away without incident.

Its dominance makes the crypto market look like a bad joke. By this stage an element put together by mystery men with no accountability and no auditing should not be in the position it's in.

Can't say I've ever been on a website that claimed to have every aspect beyond centralisation. Are there sites built on Maidsafe and that type of thing yet?

If Bisq is as good as it gets, it's still better than anything that came before but its numbers show most people can't resist that whiff of centralisation.

What about all the other 'groups' they just sit there and wait their turn? The idea is silly. It's a free for all and an ever changing one. One entity may initiate a move. There's no way they can retain full control of it until it reaches some predetermined conclusion that suits only them.

People need to exercise a teensy weensy bit of common sense. Even if it's a 'special badge' it's still so obviously a scam that I can't summon up any sympathy at all.

If Elon Musk's specially badged account told you to inject your phallus with bleach to extend your life by 20 years would you do it without question? I would not.