No one's doubting that values may rise in future, though obviously it's a finite number that's going to become vastly more sluggish, but instead of spending ten hours to make a few bucks you can make more selling one old game or broken phone on Ebay and putting that into buying BTC.  

You could've spent ten hours mowing lawns and sold a knackered phone and wound up with 10x more BTC for the same amount of time expended and probably less grind. The same has applied at any point.

Could be in for a long wait though.

There's nothing much alt related on the horizon. Bitcoin is warming up for its halving and there are ever more institutional grade options for it that are ignoring alts.

Their day will come but it might not arrive with a vengeance until most people have been pushed further into gloom than they ever thought possible.

I have a gut you could set out a ten course meal on and have enough space left over to lay out your Scalextric track for a seductive post dessert race. I can't say I'm massively bothered but it does feel like a giant dick dangling off my midriff. Maybe it's time to starve in the wilderness for a bit.

Reading the full fat version on mobile is tolerable, it's the writing, namely trimming to quote, that's agonising. You have to wait for the wee markers to show up holding your finger down, make sure you don't lose them or misplace them and more often than not they jump and you've deleted far too much. These days I try to wait until I'm near something with a mouse.

I don't know how or whether an app could address that. Dunno about iOS but there are a lot of things about Android that are still unwieldy enough to make my ovaries ache.

Early miners wouldn't have been able to conceive of the figures flying around. I do wonder how it's going to balance itself out. I presume mining machines will get more powerful and efficient and miners will seek out cleaner and cheaper power. There'll always be money to be made and I can't ever see deep pockets vacating in favour of the little guy.

It's the biggest unknown looming but I guess it always has been and every doomy scenario so far has been shat upon in an emphatic fashion.

They're not cheap to use and they seem flaky when it comes to getting banking involved but the cost is similar to Coinbase and there aren't many other games in town. I've never had a problem with the actual card itself. Exchanging to load the card craps out fairly regularly. If the Xapo or Bitpay card was still going I'd be using them instead.

Nope.

I ignored him years and years and years ago for the exact same reason many are in the mood to do so now.

What's the story behind inaccessible funds? I haven't used one of their wallets since it went HD but I recall some sort of backup file and the option to view/export the private key with the old school one.

As for fees, in this day and age fee control is a must have. If it doesn't have that, let alone segwit, then I've no idea why anyone is bothering with it any more.

Yes. Craigy tried suing him for calling him a fraud but the case was tragically thrown out.

Much of the hate Roger was attracting will be directed towards his former dearest friend who is way more hysterical and ludicrous. Bcash looks pretty sensible and mild compared to BSV.

I've never even heard of cryptocurrencytalk before.

On checking it it looks dead. The last thread on the first BTC page was last posted in on June 25th.

Bitco.in is more lively with a few refugees from here but still far too slow moving for my liking and it looks like it's attracting unmodded spam posts. Their wall observer is even more chartbuddy heavy than the darkest days of 2015 on here. From July 13th - 25th it's literally nothing but chartbuddy.

I assume bitcoin.com is filled with BCH sniping so have never bothered going there.

He's got Craigy to hide behind these days. And traders are such shameless hookers that if he offers them the lowest fees and best liquidity they'll turn up there even if he personally pisses on their bed.

They've got an uphill struggle to gain proper traction but they have enough zombies and people fooled by their name to get up and running for a bit. Then their virtues, or lack of them, will decide its fate.

Do they give figures on how busy local.bitcoin.com is?

One of the things that may be hindering its perception is that most people who arrived in BTC turned up when the hard work was done. There's still plenty of tweaking but you can dive right in and it's all primed and waiting.

Lightning Networks are developing in real time in an organic way. Most people have no experience of that. The stuff they use every day is launched by a company when it's ready and it's immediately fully operative.

It's possible old hands will still be ignoring it thinking it isn't ready when newbies are batting their satoshis around without a second thought. Maybe someone should organise a cheesy Bitconnect style gala launch just to pander to human nature when consensus is that it's good enough.

Worst case is that your coins return to the wallet after several days, but at the moment despite the odd spike there've been plenty of periods of time where the mempool has been empty. A 1 sat transaction may sit there and do nothing for a few hours or days if things briefly heat up but it'll get through.

If time is any type of consideration then you need to be monitoring the fee situation and cough up accordingly.

At least all these 'gigamegs' are providing a free and public demonstration of what BTC could be if control falls into the hands of a small group of limited competence.

We get to enjoy the show and the world learns a real time lesson too.

Aye. It's bonkers to assume that you're loaded just because you've been here a long time. I've seen plenty of old school users admit to having a piddling amount.

Real life gets in the way for most people. It might have been the only source of realisable money for many and the bills never stop coming.

Then Bitcoin will be a sitting duck for anyone who wants to launch an attack.

Dunno how mining will work itself out but it needs to be as muscular as possible if BTC takes a step up in use and visibility. There'll be an ever increasing number of entities with an incentive to mess with it.

If 20 million people all had a few asics maybe that wouldn't be an issue, but home miners will be way more fickle than larger and more committed operations.

How much do you value your own time?

Because most of those avenues consume a vast amount of time for a piffling and very uncertain reward.

You could work a conventional job instead, put three quarters of what you earn in crypto, and still come out with more fiat and more crypto when you add up the amount of time expended.

Not enough people seem to think this through properly. 0.0001 BTC gained through 50 hours of dicking around with shittokens is truly wasteful. Time is your most valuable resource. Allocate it wisely.

I'd love to know how well prepared they are if there's to be another bubble. Anyone observing the exchange business thinking of getting into must be aware of the utter seizure of most of them. You could grab a vast amount of custom if you could offer an alternative that was ready for it.

I don't think anywhere can afford those staffing levels for something that might last a couple of months every few years but perhaps they'd be idle enough to be able to handle some bursts when they happen.

https://blog.moneybutton.com/2019/07/29/towards-scalable-wallet-infrastructure/

Money button, one of the few BSV services out there, had their own node crashed.

They also state that in future they won't be able to afford to run a node.

Way to go.

Indeed.

It's the buildup I'm interested in - which coins will gain traction, what hook people will attempt to hang it on.

There are no ICOs this time around. Will 'cheaper' be enough? It probably will but everything's looking rather more ragged and transparently empty than last time around. There was plenty of material to delude yourself back in the day. Not so much any more.