Maybe. But we havent seen anything good invented from all the ICOs either. I know we should give them time, but how can we trust them if the Ethereum platform itself cant be depended upon? You know why I say that? Read about the DAO and its failure.

If you dont mind paying for high fees, then you should use localbitcoins.com. You have two options, you can trade your coins for fiat with other users without the need for ID verification or the ones with ID verification.

You can trade $500 worth of coins every month with users who dont require ID from my experience. But sometimes it depends.

What worldtraveller probably means is Jaxx. It has Shapeshift functionality included in the wallet and it's very convenient for fast conversions if you don't mind the fees and the less efficient rates.

But there's no conversion to fiat and no fiat withdrawals in Jaxx. You need a real exchange for that.

Will all his promises really happen? Everything that's coming out of his mouth is already starting to sound fake. How many years has it been since Ethereum went online and what useful breakthroughs has it contributed?

Ethereum only works for ICO scam token creation, nothing else. But I hope I'm wrong.

That doesn't really mean its good from a trader's perspective. It also means that it would be much better to hold other cryptocurrencies that are gaining value in fiat, and possibly, also BTC.

But for non-Burst supporters, holding everything they have in BTC would be best for now.

It looks like that I may have gotten excited too soon lol. I bought some Burst thinking that this was the time to reap the rewards for all the work done by the PoCC and its supporters.

To non-Burst supporters, from an outsider's perspective, what are your opinions on this coin?

But obsoleted doesn't mean it will entirely replace fiat. If BTC is really on the way to replace fiat, it would take decades or longer.

Another question would be, if an altcoin obsoleted BTC, would the altcoin then also replace BTC?

I am sorry but I disagree with all the replies in the thread. BTC already has a lot of information and websites available online, monetizing those domains wont give you a good ROI anymore.

If you like speculating in domain names, look for the altcoins that have the potential to challenge BTC.

Maybe a better way to monetize those domains is to make BitcoinCash sites out of them.

That's really a good question.

I can imagine it could attract hundreds of billions more in investment, most them coming from money laundering facilitated by the banks.

If you were not aware, some banks secretly help crime lords launder their money. This has been going on for centuries ever since the concept of banks were invented. It's a traditional part of their function.

I have one. Burst.

It is the only fully functioning Proof of Capacity cryptocurrency in the market today and that feature alone makes it unique.

For more information about Burst and PoC, go to burst-coin.org, burstcoin.ist and burstwiki.org.

We also had a big move in the exchanges today. Maybe the train is leaving?

Burst had a big move today, then I tried searching for any news on why it's moving but I cant find anything. So let us speculate.

Is Burst's move

• A reflection of all the work done on the code by the PoCC?
  
  
• A mere pump and dump?
  
  
• The start of a moon ride to $1.00 per Burst?

That's not the best and that's not a multicoin wallet, that's really an Ethereum wallet. Jaxx and Coinomi are good because they are easy to use, but there are security vulnerabilities in both. Google them.

Plus in the case of Coinomi. They didn't handle the situation professionally when a user told them about the vulnerability. There was a funny blog about it. You can google that too.

Exodus is the winner for now which has no security issues reported.

I found another study about BTC mining's power consumption and how much higher it can go next year. Its simply not sustainable from my perspective, and reasonably, it should be your perspective too. But why do we keep denying it?

Bitcoin mining consumes more electricity than 20+ European countries

• Researchers from British energy price comparison platform Power Compare have discovered that the total volume of electricity required for mining Bitcoin – the computational process that keeps transactions on the blockchain moving – now amounts to more consumption than 159 individual countries.
  
  
• Power Compare further notes that Bitcoin’s current estimated annual electricity consumption stands at 29.05 TWh – the equivalent of 0.13 percent of the world’s overall electricity needs.
  
  
• According to Power Compare, Bitcoin mining has seen a nearly 30 percent increase in consumption over the last 30 days alone.
  
  
• Assuming Bitcoin’s electricity needs continue growing at this rate, the global mining consumption could be greater than the UK’s entire electricity supply by October next year.

Save the planet. Support Proof of Capacity.

Fellow forumites. Sorry if there was no update published for this week on burstcoin.ist. The site was working on its new version and its now online. Please visit it and subscribe.

However, the PoCC had something good to say on Twitter.

PoCC Twitter Update!

• 887 files modified
• 51,043 insertions
• 117,807 deletions

From my perspective, blockchain.info is an "OK" webwallet if you want convenience and ease of use. But everyone should turn on 2FA and enable their second passwords for better security.

Plus don't use any webwallet for all your BTC. Your whole savings should be safely stored in an air gapped device.

The FUD in the forum about all the major exchanges turning into scammers are becoming very ridiculous. Stop it people. Poloniex and Bittrex will never run away with your $50 worth of cryptocurrencies.

I also noticed that these claims come from newbs in the forum. There's maybe a misinformation drive to FUD everyone from using BTC and other cryptocurrencies.

From my perspective, it's FUD until proven that it's true. But it did make me cautious enough to move my BTC to greenaddress.it. I have originally been planning to anyway.

Decoded, can you post all the relevant links? Ty.

Does anyone know the history between the original developers, Burst Nation and the PoCC? I have been observing Burst on Poloniex and I am led to believe that there's a group out there that doesn't want Burst to pump.

Check the trading history and see that someone dumped Burst to BTC.00000069 a few minutes ago just to keep the price down.

BREAKING: The Biggest Canadian Coin Exchange - QuadrigaCX -- loses 67,000 $ETH !! Due to Coding Error - Funds Locked in an Executable Contract Now!

I would not use that site or recommend them to anyone. You should stick to the exchanges that have a better track record like Kraken if you need fiat converted to BTC. Then use Poloniex or Bittrex if you want to trade BTC for altcoins.

All of them would be asking for the same ID verification anyway.

How is bitmixer.io still a good mixing service after the original owner's weird final statement that clearly hinted he was pressured by a government agency?

It's a honeypot, dont use it.