Sentiment among legendary members seems to be at an all time low, lower even than when we were stuck at $300. This was my sign to sodl

Chinese yuan.

It won't be a quick and one time event, it will fade slowly, with capital gradually (over the course of 2-3 years) flowing into a small number of alts with unique and prominent features. The capital flow already started by the way in 2014.

Aaaah, got it!  And all this time I thought we were talking about this:

Schrodinger's version: "A cat is placed in a box with..."
Bitcoin version:          "A dead cat is placed in a box with..."

dead cat bounce brah...

I see that a lot of people are upset with me that i got out in time.
Please don't be. I'm here to help you.

That's physical level. Shouldn't we best search for software level analogies? Crypto currencies are software after all.

This is the big consolidation/denial phase, isn't it?

All the smart people are getting out. Bitcoin is dead.
Can you people seriously not see it?
This is the 6th year and it's going nowhere. It already had its peak and it failed.

I don't think this comparison is valid or interesting.
Bitcoin is more like a higher layer protocol over TCP/IP, I like comparing it to UUCP that had limited applications.

You're right, it is hard to define and you're probably the only one here that know a bit about feudalism.
But I found it really interesting, especially the high decentralization and the absence of state (as we have nowadays).
People are total ignorant when they claim that the social organization did not change in the last 3000 years.
But hey, for most Americans, History start 400 years ago or more likely 50 years ago...

It's beyond ridiculous for bitcoiners to celebrate because apple pay is having technical issues.

1. Apple pay and bitcoin don't compete with each other. Bitcoin isn't a company nor a product. It's a technology. For all we know apple pay might start using bitcoins in the background in a few years.
2. It would be a blessing for the bitcoin community if apple manages to shift consumer's behavior on how they pay for things.

After thinking about it for a few minutes the one solution which came to mind was something along the lines of what follows, and doesn't even include any fancy stuff though the idea of figuring out how to exchange private keys themselves (possible 'BTC fractions' outlined below) has always appealed to me for a few reasons:

I choose to fund a sidechain with 1BTC.  In doing so, the sidechain gives me 1M unripened tokens.  Only I can ripen them and make them usable.

The sidechain keeps kind of a 'till' filled with whatever fractions of BTC they have handy, but they are locked up and it requires X number of ripened tokens to unlock.  I can trade my ripened tokens around with other users within the system, and if I want to cash out (into Bitcoin) I can dedicate my ripened tokens to the task.

Possibly the sidechain in order to perform optimizations and what-not would request that I give them some ripened tokens which they might use to thaw some BTC.  Possibly just to get their till organized and also maybe sometimes to balances between themselves and other sidechains.  This I would happily do and of course accept some unripened tokens right away as replacements.  Naturally this would be effortless and automatic on my part though I might tweak some knobs once it a while.

Actually, come to think of it, maybe I have full and unique control to unlock specific BTC fractions using my own ripened tokens and the balancing is just me giving up and taking control of BTC fractions as need be to maintain some approximate valuation which I have in the system.

It must be remembered that the source code which performs these operations is open and written to be secure, and part of my decision to use a particular sidechain would be associated with how many eyes had looked things over and their history of non-failure.  Even the system cannot, say, ripen my tokens (unless someone slips some evil code in.)  This is not unlike the methodology which protects Bitcoin proper users.