While reading the news I experienced a sudden chill running down my spine, it stated that USA ships are moving towards North Korea and North Korea has warned any aggression on USA part and they shall wipe out USA, indirectly hinting at nuking them. In the past we could have ignored this news, and moved on but look at the two leaders who have the ultimate power to cause destruction and neither of them will back down. If this isn't worst the mystic had predicted 13th May 2017 the day world War III would begin, though she's got few things wrong and let's hope she got this wrong to. So worst case scenario war breaks out, what will happen to Bitcoins, as they are valued in $?

You are fine with your paper wallet as long as you have no interest in trading either of the two sides during a contentious hard fork.

We have a block chain. All the transactions from the beginning of Bitcoin are in that block chain. Control of private keys (stored on a paper wallet for example) gives you the ability to append the block chain and move bitcoins to another address.

If we have a contentious hard fork, there will be two simultaneously surviving copies of the block chain on "different" networks. Yet, the entire history from the beginning, right up until the fork, is exactly the same. So your private keys will be able to transfer bitcoins on both copies of the surviving block chains.

If nothing else is changed, when you sign a transaction with your private keys, that transaction is valid on both networks. So if you move your coins to a different address, your coins on chain A will go, and your coins on chain B will go. This is called a replay "attack". It's not really an attack, it's just how it works.

In order to disassociate your coins (send coins on one chain to address X and coins on the other chain to address Z) you have to find a way to "taint" coins on one chain so that the transaction is not valid on the other chain.

This can be done by combining coins from block rewards that occurred after the fork, because those block rewards only exist in one chain, with coins under your control. Once a coin is "tainted" it can "taint" other coins by combining them.

One can also leverage BU's larger block size to disassociate their coins.

First you broadcast a very low fee transaction sending your coins to another address you control. This low fee transaction will be included in BU's chain no problem (after all they are all about low fees and bigger blocks to fit every transaction).

It's unlikely this transaction will confirm on Core's chain, due to the smaller blocks and competition (aka spam). Once the transaction confirms on BU's chain, you then use a RBF transaction to send these coins to a different address (not the one used in the previous, low fee BU transaction) under your control, with a large fee.

Once this high fee transaction is confirmed on Core's chain (I would wait an extended amount of confirmations due to possible attacks during the day of the fork), your coins are effectively disassociated (they are on different addresses on different chains) and you can safely send BU coins or Core coins without worrying about a replay attack. You can also use these coins to "taint" other coins if you so desire.

If you aren't worried about disassociating your coins early on (for speculation reasons), you can ignore all of this and sit on your paper wallets and let the smoke clear. Both chains may survive and you may still have to disassociate down the road.

None of this applies if you aren't the sole controller of your private keys. You only have Bitcoin IOUs and are left to the whims of whoever owes you bitcoins. They may, or may not, give you your coins on both chains.

Use a hardware wallet like ledger or trezor. Then you are safe. Well, the number of coins at least. The value of the coins is a different story

During a contentious hard fork, you would have access to the same coins on both chains, and to trade them properly you would have to disassociate them one way or another.

If one chain wins and the other goes the way of the Dodo, you have nothing to worry about holding a paper wallet.

If two chains continue to exist, at some point down the road you will probably want to disassociate your coins to prevent replay attack (a transaction on one chain is also valid on the other chain).

I don't have a crystal ball or a tarot card but by the looks of it and how the price of Bitcoin move lately, $1,300 USD is possible in a few days or weeks maybe and we may see a new all time high again $1,280 USD is the ATH recorded last March 04 this year and BTC is now being traded at $1,251 USD so $1,300 USD is within reach.

Oh wow, I never thought about how many pages of this thread I must have read. I just know that I've been doing my best to get caught up almost every day since early 2013. Sometimes there was just too much going on, but for the most part I would spend 4-6 hours a day minimum on bitcoin in general, and this was a BIG part of that especially during 2013-2015.

Speaking of old times, I miss Aminorex and his monkey, and Adam giving beer tips. Hope they're doin ok. Monkey would probably be bullish as hell right now 

Oh and what ever happened to that guy with a "castle" and the cigars ?  retpeelia or something 

Also, does anyone else get the feeling $1250+ may happen today? lol

remarkable market is holding this price like a champ.

That's not a fork...it's the same thing as shaving.  You can't fork gold and silver you idiots!

Fucking bitcoin.
Can't live with it.
Would kill myself without it.
So the question comes down to if I value the marriage more then bitcoin.
Truthfully I don't know

There will be new ATH by the end of this month! And after it will hit $5000 within next 3 months!

Uhh.. why calling for the duck?
Just use a duck call next time for him to come calling. It's supper time.

Did something happen from when I posted last?
I see over 12 pages but don't want to go thru them all because I just don't need the disappointment in my life right now.