i know but that's no basis for a completely separate blockchain. it needs a little more than that to justify its existence.

most people into ethereum now don't know it ever happened and we can be fairly certain it never will again.

so i'll ask again, not in a dissing way, why is ethereum classic still a thing?

can anyone tell me what ethereum classic can do that ethereum can't? other than not roll back the blockchain of course.

for better or worse ethereum has come out of it unscathed and it's too big to roll back again. i know a precedent was set but it'll be pretty much impossible to repeat now it's so much bigger.

hardware or paper wallets. i don't really trust anything else. but hardware wallets might be subject to man in the middle attacks if you don't validate on device. it's gonna be interesting to see how hardware wallets develop. at the moment they're still pretty clunky and mom and pop would not find them at all easy to use. we need something a five year old can figure out.

plenty of good points. i guess ethereum's master stoke was the erc20 thing. that makes ethereum indispensable to a large proportion of the other projects out there.

even if something better did come along, it's unlikely everyone will migrate. having said that it's early days still so there are millions of projects that don't exist yet. they're likely to head to ethereum all the same.

nope.

trading platforms have a long history of hacks in fact there's hardly one around right now that hasn't been hacked. bitfinex, bitstamp, bittrex, poloniex, coincheck. the list is long and it'll continue to grow.

and i wouldn't be inclined to believe places like coinbase who claim to be insured if they're hacked on their side. insurance companies are in the business of not paying. your side of course is never insured.

as ever the advice is to get in and out of exchanges as quickly as possible. anything else may end up hurting big time.

you're not scared of usdt going up in smoke? i'd find that a whole lot scarier than a big fall in a real coin's price. i'd be ok using it for a few hours. i wouldn't leave it for weeks or months.

bitcoin's value is based on its monetary properties and less on its technical qualities. as long as it functions as advertised then 'good enough' is a powerful incentive to keep refining it. it only has one job to do.

ethereum is of course huge too, but its fundamental value proposition is utility. it's effectively a software platform, not money.

since that's the case then is the case for it being usurped by something that does the job better higher than bitcoin?

if something that doesn't require learning a new language, is much more foolproof, that addresses scaling and blockchain bloat comes along with enough oomph does it have a shot at unseating ETH or is everyone now incentivised enough to make ethereum the one?

personally i don't think ethereum's future in fully in the bag and people are learning more and more every day. what do you think?

the drama has receded for now. and i'd prefer to lose billions in a good honest crash than down to a poorly coded or executed ethereum contract. that would seriously annoy me.

you sent an exchange your bitcoin and in return you got a credit. it's not bitcoin. you should hopefully get bitcoin back but while it's in there it's an entry on a database.

if you wanted every possible fork then the only way to do it is to control your private keys. you give that up when you send to an exchange.

most exchanges stated what the deal was with forks before the time to let you decide. if you weren't sure of their position then you should've withdrawn.

i don't have any sympathy.

it shouldn't matter if ethereum does become worth more than bitcoin. they only share one thing - the money on exchanges.

there's a million things you can do with ethereum that you can't with bitcoin. there's a million reasons why i wouldn't trust ethereum with any of my money long term.

they're different projects with different aims. it amazed me how few people can figure this out.

if people took off their bitcoin blinkers for a second they would realise that most of the messages coming out of central banks are factual and sensible.


https://www.businesstoday.in/current/economy-politics/bitcoin-rbi-alert-reserve-bank-warning-cryptocurrencies-virtual-currency/story/265386.html

"The RBI says that virtual currency being in digital form are stored in digital-electronic media that are called electronic wallets. Therefore, they are prone to losses arising out of hacking, loss of password, compromise of access credentials, malware attack etc. Since they are not created by or traded through any authorised central registry or agency, the loss of the e-wallet could result in the permanent loss of the VCs held in them.

Payments by virtual currency take place on a peer-to-peer basis without an authorised central agency which regulates such payments. As such, there is no established framework for recourse to customer problems/disputes/charge backs.

There is no underlying or backing of any asset for virtual currency. As such, their value seems to be a matter of speculation. Huge volatility in the value of such currency -in this case bitcoin-has been noticed in the recent past. Thus, the users are exposed to potential losses on account of such volatility in value.
So far, cryptocurrencies are being traded on exchange platforms set up in various jurisdictions whose legal status is also unclear. Hence, the traders of virtual currency on such platforms are exposed to legal as well as financial risks.

It has been reported that usage of digital currencies are largely for illicit and illegal activities. The absence of information of counter-parties in such peer-to-peer anonymous/ pseudonymous systems could subject the users to unintentional breaches of anti-money laundering and combating the financing of terrorism laws."


all of the above is completely, totally true.

there is no protection if it goes to zero. no one is in control of it. no one can tell you if it's gonna be worth anything tomorrow. that can't be denied.

people are coming from banking systems that are in theory going to protect your money. bitcoin will not.

end of.

another zero merit poster proving why merit kinda works.

there is a giant, vast incentive to get as much of the rest of the world online as possible and you can bet that it's being worked on right this very second. on top of that you have the blockstream bitcoin satellite network too.

elon musk is planning to smother the world with internet from space - https://www.theguardian.com/technology/2016/nov/17/elon-musk-satellites-internet-spacex

google is experimenting with balloons that broadcast the internet - https://x.company/loon/

and plenty more. and smartphones are slowly spreading to every corner of the world. put the two together and there will be majority coverage for everyone in the world within a few years.

if ICO operators want to avoid kyc then all they have to do is hide their jurisdiction. there are still ways and enough willing victims to go for it.

the handing over of personal data is going to be incredibly lucrative on its own. many ico operators have been proven to be completely unscrupulous. no way would any others get my data.

what they need to do is utilise a known and trusted verification platform like jumio to go through, even then i wouldn't be all that keen.

my campaign raised its rates at least recently after the peak.

calculating in dollars makes sense but it's a difficult one to stay on top of. my previous campaign was fixed to 25c per post. that was pretty good when the price was sub $1000. once it started its run it became one of the worst paying campaigns and i chose another.

a bunch depends on what you sell. if you're selling phones then you'll get nothing but scammy assholes. if you're selling high end camera equipment then you get a better class of buyer. I've sold big buck camera stuff and never had a problem. i wouldn't risk many other types of goods.



those are all sold prices. dunno whether they were paid for.

this forum will give you a lot, lot less money than ebay.

if the coins were moved out of it at that point then it won't be eligible for any of them as far as i know. the first one it would've qualified for is clams which happened in may 2014.

this gives a rundown of many of them - https://btcdiv.com

so far i haven't seen any sold with no sign of a hologram or a key. i'd be interested to know if they would achieve significantly less money or not. i guess it's likely.

it's possible people will be looking for shitforks. there are so many that the redeemer probably can't keep up with them.

i've seen plenty of tribute coins with different designs on the rear. the front looks the same but the ones i've seen tend to be much deeper castings. i guess your average person wouldn't know it was different but they are so far...

i've been noticing some pretty high prices for redeemed casascius coins on ebay specifically.

https://www.ebay.com/itm/Physical-Casascius-1-Bit-coin-Unfunded-2012-coin-no-value-loaded-Free-Postage/282840851287?hash=item41daa0e357:g:jxAAAOSwp-Rabx9t

https://www.ebay.com/itm/1x-1-BTC-Casascius-Physical-Brass-BIT-COIN-2013-Like-Lealana-Titan-Kialara-Gem/142671607820?hash=item2137e3f80c:g:UOoAAOSwgbhaNqrj

https://www.ebay.com/itm/2011-Casascius-1-BTC-Physical-Bit-coin-Redeemed/202184683747?hash=item2f132570e3:g:GxgAAOSwPAxaMboA

https://www.ebay.com/itm/2011-Casascius-1-BTC-Physical-Bit-coin-Redeemed/202147238270?hash=item2f10ea117e:g:GxgAAOSwPAxaMboA

https://www.ebay.com/itm/1x-1-BTC-Casascius-Physical-Brass-BIT-COIN-2013-Like-Lealana-Titan-Kialara-Gem/142628311484?hash=item21354f51bc:g:UOoAAOSwgbhaNqrj

are these prices the new norm or is this a blip?

i bought a redeemed 5 btc casascius coin for $10 a few years back. are they now properly heading into collector territory?

ridiculous. a gold alternative would drive the price to genuinely insane heights, far beyond a simple payment method. there's oceans of money swirling around the world looking for a place to go.

hardly anyone is using bitcoin to pay for anything and they never will. even if it could a billion tx per second for free, no one spends something that might be worth more tomorrow.

and why is the 'CEO' being asked about crypto anyway? ripple has nothing to do with genuine cryptocurrencies. but he is right about most losing most or all of their value. almost all of them are nothing more than casino chips.



have you ever heard of market caps? 320 billion genuine dollars put into bitcoin would drive the price of one coin into the hundreds of thousands, maybe even millions.