The final 1% takes over 110 years to arrive. That's either going to require a mind boggling price to attract people to a minuscule block reward or a ton of fees. Neither are in the bag so it's an ongoing question mark.  

Whatever peak there will be will be fleeting and will ream many a posterior in the aftermath as ever. If people want to offload they should be doing their homework and sums now and getting rid at whatever price level they set without second guessing themselves regardless of that moment's overall landscape.

If they do flinch then the sums weren't good enough. One day oscillations will be mild enough to not have to think that way but we're still a way from it yet. The glum/bored/violent cycle is starting to grate on me somewhat so I'll be vacating enough to not have to care about it all that much going forward.

There was someone called 'Falllling' or a variation on that who spouted forever then it cunningly reappeared in disguise as 'Riiising. That demonstrates a quite chilling mastery of psyops.

As above, everything starts off small and then is allowed to mutate over time.

There's masses and masses of offshore money there. Either that's exempt, which will seriously piss off the real people there, or it's going to migrate elsewhere very soon.

It depends on how carefully you select your members in the first place. If you have a bunch of old hands that you're familiar with it's very unlikely they're all going to have a funny turn and start posting risible junk. It's a different matter if it's something like a Yobit campaign of course.

The more effort you put into initial selection I presume the easier actually running it is. Rather them than me all the same.



 

Blockchain wallets are throwaway. I'm sure certain people have gotten through tens or hundreds especially when they were single address.

The Coinbase figure depends on whether that's all verified accounts which they've always seemed to be weirdly coy about.

Could I explain the proper workings of BTC? Hell no. I'm clueless beyond the surface. Same goes for 95 or more per cent of people who've so far touched it.

It's nothing to do with understanding the workings. All you need to do is be willing to conceive of the principles which are way, way simpler than the existing financial system.

Anyone who spends an hour or two of proper reading would have to be a bit weird not to see at least a glimmer of merit in there somewhere. It's getting over that hump that's beyond most.

Even if someone did come back to me demonstrating some understanding I fully understand why they wouldn't want to put money in at this stage. Us lot are too far gone to be objective about it and there are still plenty of cultish elements that will turn people off.

Interesting. There's an absolute mountain of money there and I've always found it strange how quiet it's been. One of the factors seems to be the muddiness from Muslim clerics as to whether it's naughty or not to use or trade it. There's almost as much contradiction as the Russian government. I guess we need Allah to thunder his approval from the clouds above.

When it comes to the dodgiest payment method by far I see zero reason to go anywhere other than the most established corporation in cryptoland by a country mile if they offer it.

If people want to risk ruin then I won't stop them. I'll stick with the most solid route available to me. This is the one type of transaction you really don't want to cut any corners with.

I saw little intellect. I did see plenty of anuses, penises and the endless repetition of cartoons.

You had to be there to believe it so I'm not surprised it doesn't register with those who weren't and almost all of it was deleted. It's impossible to express the sheer relentlessness. Never seen it anywhere else ever. Am pretty sure it was singlehandedly responsible for the newbie image ban.

I'm amazed Craigy has $730 to his name. I presume tonight he'll have to polish Calvin's Austin Allegro with extra vigour and mow his lawn with them nice stripes this weekend.



Are they basically of the same premise to this case?

I would discard every single option other than Coinbase. Elsewhere the risks are too high or the costs on top will be high. Some places are mentioning Changex but I've never heard of it myself. If Coinbase is accessible to you then it's a no brainer.

A bit of a summary of sorts here - https://bitcoinist.com/bitcoin-and-ethereum-dont-need-regulation-uk-fca/

and here - https://www.theblockcrypto.com/2019/07/31/uk-regulator-issues-relaxed-guidance-on-crypto-and-clear-domain-over-security-tokens/

It's differentiating between types of coin rather like the SEC.

These are their categories. BTC and ETH have been declared 'exchange tokens'. Interesting to know which other coins fall outside that. Maybe they can't be bothered at present. Too many to wade through.

'Exchange tokens: These are not issued or backed by any central authority and
are intended and designed to be used as a means of exchange. They tend to be
a decentralised tool for buying and selling goods and services without traditional
intermediaries. These tokens are usually outside the perimeter.

• Utility tokens: These tokens grant holders access to a current or prospective product
or service but do not grant holders rights that are the same as those granted by
specified investments. Although utility tokens are not specified investments, they might
meet the definition of e-money in some circumstances (as could other tokens). In this
case, activities involving them may be regulated.

• Security tokens: These are tokens with specific characteristics that mean they provide
rights and obligations akin to specified investments, like a share or a debt instrument
(described in more detail in Chapter 3) as set out in the Regulated Activities Order
(RAO). These tokens are within the perimeter.'


It doesn't really look like they're delivering enough clarity for those who have plans to go all in yet. Must try harder.

And after all that it has emerged that the CTFC have said they haven't approved LedgerX yet after all.

'on Thursday morning, the day after CoinDesk’s initial story ran, CFTC chief communications officer Michael Short said in an emailed statement: “LedgerX has not yet been approved by the Commission.”

https://finance.yahoo.com/news/happened-why-first-us-physical-171023296.html

A bit of egg on face there.

Not that I will ever manage a campaign, but were I do to so there's no way I could face it without some automation on side.

Some campaigns must have 100 posters doing 30-50 posts a week. That's thousands of posts to count and skim. My eyes would roll back in my head I'd puke my own pelvis up on the first attempt. The idea of having to do it all again the following week would fully break me.

Kudos to those who do do it.

If it were largely automated you could still dip into every few posts manually to make sure they weren't posting complete and utter bilge.

At the 2032 ish halving the overall supply will be 99.21% mined. That's almost all enough for me. In less than ten years it'll be 98.5%.

It's easy to let mining slip to the back of one's mind. There's been a veritable torrent of coins arriving for many years and that's going to dwindle rapidly. It'll be very interesting to observe the effects as the production levels are something we've gotten totally used to.

Let's hope that fee market is good and strong by then.

Well, the giveaway was optional. You're free to ignore.

I can well believe it's the biggest wallet by quite a long way still. Mycelium is showing 500,000+ downloads on Google play and that's been out for ages.

I haven't heard of any of OP's choices. Not too far off the majority accept BTC these days.

I use Windscribe myself which has speeds just as good as my regular connection. You can also get a few GB free per month if you're not a heavy user. They take BTC too.

If you're pirating seedboxes are way better. They torrent remotely and you download via FTP when done.

Isn't that purely because they've switched to HD wallets? Coinomi wallet sends you to the Ian Coleman Bip39 page if you want to export now. Blockchain's process is weird. Most wallets force you to write and verify the seed before opening but in Blockchain you have to seek it out.

I think they're knobs but you can't blame them for attempting to capitalise on their user base. I'd be surprised if the wallet itself ever went KYC ish but you never know.

Though it's a little hard to tell I think Bakkt have approval now. What differentiates LedgerX is that they've been running for years whereas Bakkt is scratch built. Putting something like that together takes a lot of doing even if you have the funds and the contacts.