-Voting and the democratic process.
-Tracking guns.
-Logistics and supply chain management (tracking of goods)
-Other distribution (e.g. who the rightful owners of an e-book are)
-Betting through the use of oracles - this can be done P2P.

You have to think of the blockchain in this instance like an easy way of verifying ownership and events that happen.  That's what results in the best use cases.

You could have found this out if you'd just looked at nearly all of the recent threads, but...

On August 1st, there will be a Bitcoin Improvement Proposal called BIP 148.  This is a User Activated Soft Fork (UASF).

If 50% hashrate doesn't signal BIP 148 support by that point (it won't), there will be a chain split and you will have an equal number of coins on each chain - the BIP 148 chain will have SegWit.  For a while it'll be a complete clusterfuck to find a dominant chain unless BIP 148 has obviously failed, and in my view it won't actually work and the legacy chain will stay as the majority chain.

The point of the split is for the economic majority to decide whether SegWit is worth it, because in the long run miners have to act based on their economic interests or they run out of money.

---

BITMAIN has given opposition to this in the form of a "User Activated Hard Fork", which I regard to be pretty evil.  You can read about it on their blog post.  If this chain is created, they will almost certainly be capable of 51% attacks on it for a long time.

This is why we have hidden passphrases and additional wallets.

---

The lessons are:

1.  Trade in a public place where many people can see you and there is surveillance.
2.  Only transfer as much to your phone's wallet as you need for that specific trade.
3.  Start using hidden passphrases and other systems to avoid showing the robber more than you need to.

Ideally, you'd run a full node to have full control over what happens when there's a split.

If you don't, you'll be relying on a third party to do it for you.  You would have to read up on what the specific wallet says closer to the split.

---

IMO the price will drop if it looks like the new chain will be relevant, and if it doesn't look that way then the price could stay stable.  I would suggest just holding through in a full node and waiting a few weeks for it to blow over.

It depends what posts you deleted.

If you deleted posts which were necessary for your activity (posts which were within the 14 posts in a 2-week timeframe), that's obviously going to dent your activity.  Activity =! posts.

You don't need to desperately scramble for high activity anyway. 

Ethereum isn't really technically deficient to Bitcoin except for centralisation from developers and the fact that huge amounts of ETH get locked in ICOs for a long time. 

It's just not the "killer app" of blockchain technology.  The fees are pretty damn high right now, and who knows what will happen when ETH gets some serious pressure from more transactions.

I would stick to Bitcoin until there's a clear winner.  The "DAG" system is making headway, but we'll see if it's all just hot air (e.g. IOTA which makes the bold claim of having no fees).

Bitcoin is what all the alts are traded against.  It won't necessarily be dominant forever but for now I don't see a point in other things growing.

Bank deposit boxes aren't the safest things in the world but they're pretty good.  This is about a jewellery heist, which was quite hard to operate/unusual and it still robbed less than a tenth of the boxes there.

You just have to tread a thin line between too many places (risk of theft), and not enough places (risk of destruction/loss).

Ideally I'd have a seed with passphrase protection, so that thieves couldn't access my wallet if they just took the paper wallet itself.

Anyone who did the slightest bit of research into this statement would realise that it is a lie.

He's suggesting that fiat fees are typically higher than Bitcoin fees when sending a higher amount.  Not to mention that credit card fees (in some countries), end up being even higher than that.

Nothing to do with phishing.

-Epay.info - faucet cache, designed to stop people sending micropayments through faucets that end up being worthless.  Recently turned scam.
-Epay.com - mildly shady-looking exchange site for Bitcoin with various other online money systems.

Unless you use a coin with low fees (e.g. DOGE for as long as it doesn't have a high transaction volume, and IOTA if it works out right), in which case the transaction fees will be perfectly low.

If you want to use an altcoin to pay low fees, just use an obscure one.  Even if they're not scalable, they'll be cheap for now (e.g. Litecoin).

If you want security and you want to send high amounts, use Bitcoin.

I did.

The claim that I was talking about is in the thread title.
All you've provided is a small amount of cherry picked information - it doesn't explain any of Core's motives, nor would it make sense that Lombrozo is trying to "stall" Bitcoin if he supports UASF.  This is a case of letting your opinion get in the way of actual arguments.

---

Seriously, the problem is that all I can reply is generic BU this, BU that arguments that everyone says all the time because you haven't presented any real reasoning for your opinion that people can argue against.  It's one-line nonsense.

That's pretty obvious.  Bitcoin mining is designed to only just be profitable.

Cloud mining companies still exist and receive huge investments, but the way that cloud mining companies manage to receive these investments is by misleading investments with estimated ROI times and the income that they will receive.  The estimated time to ROI is always based on the current difficulty - but when the price rises dramatically in a short time, the difficulty just takes a bit longer to catch up.  A short way through their contract people start realising that their profits are decreasing, as they should.  As soon as difficulty catches up with price, cloud mining fails because the company makes profit on top of what they're paying users.

Literally nothing you said in your post gives evidence of this being true.

I thought that you were supposed to present some sort of argument when people start refuting your outrageous claims?

"No, you <claim that I am a shill of Blockstream, the Core devs or something>".

Nice to see someone invading the economics subforum with posts that actually mean something.

---

The key point is that the number of physical resources is finite.  Gold's price can go down as money moves to other precious metals for various reasons, but it won't drop to nothing due to the lack of physical resources to escape fiat for.

In Bitcoin's case, anyone can make an exact clone of it or another cryptocurrency which is somewhat different and suddenly even though the supply is finite, the number of cryptocurrencies isn't.

This applies to state-issued cryptocurrencies as well.  As long as they're freely traded the price will fluctuate wildly because people will find something that's 10% better than before.  Geopolitical affairs will link to that in that it becomes a competition between states and "freedom-loving" people who are involved in decentralised cryptocurrencies.

You can read about it on the government's website.

In the UK, Bitcoin is basically treated as a commodity which is subject to VAT, and to capital gains tax when converted to fiat.

HMRC are pretty incompetent though, and they couldn't catch a cold.  If you withdraw a large amount to a bank you might have to declare it.

Pullbacks have been happening along the way.

Unlike ETH which has just rose over 3000% in the last few months, Bitcoin has been pretty steady by crypto standards and has had serious corrections ($2700-2000, $2950-2500, and so forth).  That's not to say that ETH will definitely collapse or Bitcoin will definitely rise, but it's hard to judge whether it's too much growth to stay stable at this point.

To keep safe, just hodl and buy the dip.

All the multi-coin wallets are going to shit recently.  This one, BIT.AC, possibly Jaxx (though they're not a web wallet so it's not the same)...

Just goes to show that a lot of people we'd previously thought trustworthy will get worse and worse as more money is involved.  This holds true for all the exchanges which are arguably no longer safe as well.

Solution:  take your coins into a safer wallet like a TREZOR, or ideally cold storage.  HODLing through this crypto craziness is the safest way to do it.  Maybe future regulations on cryptocurrency exchanges and wallet providers will make scams harder.

True, but it's not quite as relevant in this case.  The OP seems to have used the proper format in previous articles and this is more of a discussion on a news site rather than a particular event.

---

Ethereum is not the best blockchain in terms of fees, or for other reasons that people like to think they're moving to ETH for.  Fees are typically high now, and this trend would continue when the transaction volume is higher than Bitcoin.

There will be a continued importance of alts - that's pretty much irreversible now.  But whether that big alt will continue to just be Ethereum seems less certain.  I'm thinking some DAG-based coin like IOTA might become prominent soon enough.

I suppose you sold at the bottom.

---

The Flippening might be happening but it won't last (with ETH in particular), and if it does I'll be disappointed in cryptocurrency users.  As an actual cryptocurrency ETH is mediocre and fees are about $1.  People can convince themselves that ETH is great if they want but the reality is that it's not scalable, nodes are getting really hard to run as the blockchain grows massive, and if they fix these problems it'll be because they're centralised as fuck.

The long-term Flippening will be to alts that actually have a system for gradual adoption, or if Bitcoin is sorted out it won't happen.

Coinbase is crashing because they feel like it.

There's absolutely no world in which an exchange decides they can't handle large transaction volume for weeks on end without at least beginning to fix the problem.

When the price goes up this far exchanges feel like they have an excuse, but they don't.  I'd be terrified as a cryptocurrency trader right now.