cool. thanks for the info.

what is the track record with prosecutions for stuff like this in the past? how was malicious intent proven? ponzis seem to be relatively rare outside the third world, but crypto certainly has helped them make a comeback.

so they've obtained these coins to circumvent the banking restrictions they're under. but they're stuck with something that's just as banking dependent as anything else. presumably they must have a huge amount of rat holes around the world to launder it through but it leaves them just as vulnerable to being shut down as anything else.

we're a long way away from bitcoin itself being a closed loop. they may as well stick to smuggling heroin and crystal meth in their diplomatic bags.

and is there any proof at all that they're mining? surely they have better things to do with their tiny amount of electricity.

i can't find any details about this lawsuit. what exactly are they trying to prosecute and why are they going after youtube nobodies rather than the pricks who actually created and ran bitconnect? they're the ones who have vast amounts of other people's money.

it's conceivable a court might believe these guys when they thought it was the real deal, though clearly it wasn't. the same can't be said for the operators of the actual ponzi. who are they and what's being done about them?

unless you tell us what country you're in you won't get any worthwhile answers. one country might be heaving with options while the one next door would be useless.

regardless of where you're at, you're gonna have to get used to some sort of ID verification. even localbitcoins traders seem to want it more often than not these days. it comes with the territory when you're dealing with fiat.

ridiculous.

we live in a world made up of countries. these countries are in competition with each other. if there's money to be made scalping a law made by another country then you can bet they'll do it.

until laws are applied globally nothing will work. money will go where the incentives encourage them to go.

as for bitcoin's electricity usage, maybe it will be a significant driver in pushing renewables forward. and if the local power company finds themselves shutting off life support machines then the mining farms get shut down first. it's not hard to do. the mining farms then go somewhere with an excess of electricity.

gemini has always been tiny so they wouldn't have any effect. they've also never batched and don't appear to be planning to and i haven't seen any mention of segwit from them.

coinbase doing segwit is cool, but them batching would be the single biggest reduction in blockchain load. again, i haven't seen them say anything about implementing this. this is bizarre as they must be throwing away huge amounts on gdax withdraws.

segwit is a step in the right direction. it's not the magic bullet. better use of the blockchain by the major polluters would help the most.

i don't care if the card eventually works, waiting that long for loading is 100% unacceptable to me. at what stage do they fix the exchange rate?

you're right in that it's the only option for many people around the world now. i for one would prefer to wait for something more usable than that. those timings tell me that wagecan is doing something manually and out of the ordinary. i'm not confident it would last.

i guess it's possible crypto visa cards will never return for europe and elsewhere. it would be a shame if that was the case but people should prepare for it. americans are still fine.

man, i'm bored of posts like this. $100,000 is completely possible. no one cares whether you can afford the fees or not.

the whole infrastructure still is not very good. there's still no way mom and pop can easily put in money through a broker. there's not enough regulatory certainty. that all points to explosive growth still

$10,000 used to be the 'no way' figure not that long ago at all. now we're over it and bitcoin is looking boring. adjust your expectations or get left behind.

bittrex have done the decent thing and given people enough time to withdraw their coins. i don't really see what the issue is here. when it comes to forks i wouldn't be inclined to believe anything a third party tells me they're gonna do. control your own coins and you're set.

yep. bch is doing all it can to fool bitcoin users into throwing money at it. i wonder where it would be if all of the tactics used had been above board. alot of players in this space have given off a very bad smell because of this so at least we have bch to thank for that.

First you gotta rig the vote which means buying binance coins to vote with. Then I've heard of figures in the hundreds of thousands of dollars on top but maybe that's from butthurt failures.

It absolutely will always have to be the core team who applies. Exchanges will have technical questions that only they can answer so an ongoing relationship will have to be there from the start. they'd get every moonkid asshole applying otherwise.

I don't think it's gonna happen with byteball.

If only it were the work of a country that was forward thinking and dynamic, not the last wheeze of a dinosaur.

I hope this leads to a better life for the people of Venezuela but more likely it's intended to prop up the regime that's screwed them so hard.

Fingers crossed anyway.

Compared to the other crap out there? Probably neither which is just how insulting the alt market has become. This will be rolled out as a prime example of crypto insanity in the years to come.

Maybe it'll deliver big time in an amazing manner some day. That still doesn't stop the current situation from being a sickening joke.

First you need control of your private keys. That means no exchanges. A paper wallet will be easier than a hardware wallet too because it's one private key.

When there's a bitcoin private wallet you import your bitcoin private key into it if it had bitcoin on it at the moment it forked. Only do this after you've sent the bitcoin out of the address.

Depending on how competent the developers are you might be in for a long wait if they don't get a network running.

The alternative is to deposit bitcoin on an exchange that says they'll list it which means you'll be trading futures effectively. That gives you more chance of selling during a pump but you have to trust the exchange.

So far selling airdrops appear to need to be timed carefully and you should not get sentimental about them either. In future I'll never put any money into airdropped coins until the airdropping is long over. That's when you get a sense of its actual worth. Until then their markets are unacceptably warped by the airdrops and you really have no idea where you truly stand.

It's gonna be very interesting to see where some of these more obscure bitcoin forks end up. Some of them must have a circulating supply 1000 times lower than bitcoin. There's some insane pump fodder in there but no way of telling which they're gonna be.

He was the initiator of GPU mining. You think he really spent every last coin on that pizza? I'll guess he had a few tens of thousands more at that point and might still have most of them for all we know.

Bitcoin will never manage a change of that magnitude. The only time it might is when there's an irrefutable existential threat like the cracking of its encryption or bitmain being taken over by the Chinese government.

Look how hard it's been to get a tiny capacity increase. I also don't think ethereum''s attempt to go pos will ever happen and if it does it'll be seriously messy. That's far more centralised than bitcoin with one guy who everyone will listen to.

There'll be mining for another 120 years. Who knows what the mining will look like but proof of work is staying unless something undeniably superior in every way arrives. Even then it may not be taken up.

From what I've heard binance listings cost the applicants big money. They also will only accept applications from members of the core team which means Mr Ch which means it ain't happening ever.

Of course it's just mining power increasing. It literally cannot be anything else.

Check the amount of money circulating these days. It's estimated bitmain made several billion dollars last year. Now Samsung are making mining chips plus GMO in Japan might be coming up with more efficient chips.

But even if mining doesn't advance and no more machines are added you know difficultly goes down, right? Mining will always, always be profitable for someone somewhere.

Is it even beta? All I'm seeing is developers pleading with people to stop using it with real coins which tells us plenty about its state of readiness. I'm all for ploughing on but I hope it doesn't harm its rep if things keep going wrong at this stage.

Is someone keeping a list of mainnet lightning disasters?