That's cool if you have no supply chain, or your entire supply chain feels the same. If they don't then you're stuck with the current bunch of kludges.

I would start off by seeing whether my staff wanted to be paid in BTC and then ask the other companies I work with. It might be slow but things may flower from there.

It would be very interesting to see what the reaction would be to a politically neutral fork that solely concentrated on delivering bigger blocks in a competent and quiet manner. Screeching from the creators and promoters would not happen. The message would be - 'here's some big blocks.'

Perhaps all this shouting and cratering will clear the way for something like that but then again tribalism is very hard to leave behind.

The BCH and BSV crews' relentless hysteria, refusal to face facts and underhanded moves are plain weird. None of that was necessary.

On a side note I noticed the BCH thread's final page is getting on for six weeks old now. Just goes to show what happens when the hostility moves elsewhere. There ain't much else.

 

Correct. It's basically an exchange.

That's the only reason bitpay is still tolerated. They have the banking where hardly anyone else does. Coinbase is the most obvious competitor but they seem to have wound down a bit and have implemented changes that have turned off potential users.

Though it may not be sexually attractive to admit it, if I were running a business it would have to be Bitpay.

I wouldn't want to fuck around with my own exchange accounts on top of BTCpay. I want one agreement that results in fiat winding up in my account no matter what. I would not want any grey areas.

If I were manufacturing and selling my own stuff with high margins then I would go BTCPay and keep most of the BTC, but that's not how most businesses work. The money you're taking in has most likely already been spent and needs recouping before it flies out the door immediately again.

It's easy to get idealistic about it. That don't pay the bills.

What I do find strange is how little competition there still is for this area. That says something about Bitcoin as a payment method.

There may be no alternatives, or those offering an alternative might be so off the wall they're not even worth considering.

That's how Bolsonaro got in. Everyone before was so shit I guess the electorate decided he was worth a try even if he came round and personally raped you.

It seems to be repeating everywhere now. In the UK we either have a bunch of right wing pricks who are clueless, or we have a bunch of commies stuck in the 70s who are even more clueless.

I don't understand where the competent people have gone. These days it's either psychopaths or the fractious and ineffective.

It's had the luxury of being born and developing during an unbroken bull run. We have absolutely no way of knowing how it's going to take a proper meltdown. My guess is - not very well.

If we have another ten years of unbroken bull that's a different matter but it's not fully established and when everything is cratering you don't run towards the most extreme bet you can make.

It's possible they'll keep it. Other exchanges will charge you a labour rate for the work to move private keys around. I seem to remember mentions of 200 Euros an hour from one place, can't remember which.

For some it's simply not viable no matter what they charge. The private key may be used for other purposes or integrated into a wider set up and moving it around and exposing it will be more trouble than pissing off one customer is worth.

I'd be interested to know if all exchanges have public policies about this. They certainly should.

I reckon that's a key point.

Most people are 100% locked into what they think should happen and what they think they deserve rather than what WILL happen.

No one and nothing else gives a shit what they think or feel. It'll run right over them without a flicker of regard.

Revolut only offers price exposure to crypto, you can't deposit or withdraw it.

If the need for fiat banking goes stuff like this will look impossibly quaint. Until then it certainly serves a purpose. I wonder how long their banking will last though. Lots of places that make big banking claims often wind up flaking out within a few months.

If I were running a site with that type of thing I wouldn't do that. I'd rather keep the info all at the same level. If you didn't then you might run the risk of customers screaming about being caught out by one of the things not highlighted enough.

If I'm risking money I do read the TOS. For everything else, of course not.

I guess the people who are mining it who aren't Calvin, not that I believe such people actually exist, must be waiting with wet pussies for those Gigameg blocks to arrive.

When you see overt BSV supporters stating that they soon won't be able to afford to run a full node and miners would make more money clicking on faucets, I have no idea how or why this still lives.

If they were serious they would have an annual BSV No Calvin day to see what the network looks like without him.

There are no rules about this. It's entirely down to whether the bank is annoyed by it or not, and most of the time it is. And they'll shut you down for receiving exchange deposits too.

It's little to do with crypto itself, more about money laundering paranoia.

I've heard similar stories from Americans but the chances of problems are likely higher in the UK.

I think it's more Bitstamp than their banks. Their entire business depends on banks so they will be absolutely desperate to prove that they're well behaved little boys.

If a bank grunts at them they can point to the two thousand pages of questions and documents from each customer plus the photographs of their urethras and colons that they forced them into taking.

I'll guess this is all preemptive on their part.

I don't care if it's crypto and therefore scary, if I can run a few million dollars through a stock trading company with nothing other than 1 piece of ID and 1 proof of address, plus they will have an office I can burn down if they attempt to fuck me, then no way will a bunch of creeps in hiding get any more than that out of me.

I'd get them comfy with Binance and leave them with that. There's no guarantee faster payments will come back to Coinbase. Coinbase's agreement might flake out before it's fully up and running.

Bittylicious is great but if it's a regular buy they may end up getting raped if they decide premiums should go stupid that week.

I thought it would be the opposite. Exchange payouts will come from pools with no link to your deposits. Quite a few exchanges will give you a static deposit address, which is not good, but the outputs will be random.

I couldn't care less if a business knows coins have come from an exchange. They've no idea what transaction they came from. It's the exchange you need to worry about.

The bubble was looking for a reason to pop by that point. It settled on the futures launch as the nearest and most convenient hook. I don't really see how the ICO stupidity could've been drawn out any longer but it would be interesting to know how things would have looked without the futures launch.

China has plenty more nodes than it used to when it was much more prominent in trading. When all the zero fee exchanges were commanding the price there I remember seeing node counts of around 60 which goes to show how empty all the stats about China were.

Similarly when people were screaming about losing India, at certain points the node count was in single figures. If they clearly don't care why should we?

It's a very woolly metric but it does give an idea of the level of engagement in a country. It's not exactly the most demanding thing to keep running.

My willy wants me to write 2029, but in the cold light of day a just over 10x rise in 10 years seems silly.

It's either silly because expecting to get there at all is an outrageous presumption, or it's silly because if it is to happen it's hard to believe it'll take anywhere near that long.

An ever increasing amount of money and awareness meeting a supply that's fixed held by a large number of believers only has one likely trajectory.

I think nothing will happen. It won't create a pump. These things never do. Buyers are either bored or worried right now. One single service launching does not magically turn sentiment around.

A service like Bakkt should enhance the expression of the prevailing sentiment. It sure as shit doesn't create it.

When it's bubbly it'll magnify that bubbliness. When it's beary it'll do the same the other way.

The best service I used was Bittylicious which is P2P. You have to keep an eye on the premiums though. Sometimes they go nuts. Other times they can cost less than the main exchanges.

http://bittybot.co/uk/buy-bitcoin-uk/  gives some ideas too.