Bitcoin / Bitcoins / Crypto Currency

Donated. Cheers!

Oh my, you are so right. That is also the last major donation before the BTC one.

That was 17 pages back in the PayPal history. The vast majority of donations are £1-3 and so it's just noise and I've long disabled notifications. With deductions factored in, a hundred donors barely scrape the £120 mark, and occasional £5-10 donations (and rare £20+ donations) then top up the rest.

I think you're the top donor in the last 6 months just based on these 2.

Some projects that I like a lot (disclosure, some of these I have worked for and also invested in):

Dash
Game
Bitcoin (long hold)
Monero
Crown (I am one of the founders of CRW so I am obviously biased)

Would the whole Net Neutrality thing affect CRW? Is that kinda stuff part of the reason for being?

Saw these boys at our office building's Xmas party. Money to be made, bro.

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That's pretty depressing. That was 10% of my recent sales, I sell a lot less than many on here

It's tough to say that it will be unaffected but p2p networks spread globally are about as unaffected as you can get.

Have you (or anyone else) got a dummies guide to the mental crypto matrix world?

Like, do I buy from a vendor or an exchange? And then how the fudge does it get into my wallet? And how do you then sell it (if needs be)?

Those types of baby questions.

There is some nice tutorial videos on YouTube that will explain you everything. You'll need a wallet first. There's different types of wallet, some more suitable different kinds of application (eg trading, buy and hold, investing), so do some research on that first 👍

Another tip if you want to have BTC is to buy Litecoin and then change it to BTC cause the fees associated with buying BTC are crazy at the moment

I was listening to this podcast, the part from 48:00 until about 63:00 intrigued me. This guy who is a very prominent blockchain researcher and developer tells us that the Bitcoin Core development team will 'say anything' to prevent an increase in the block size, failing to deliver any mathematical proof to support their arguments. Moreover he's insinuating that there is a commercial interest which Core is persuing in effort to keep scalability improvements to the very minimum (ie SegWit). Not sure what to think of this to be honest. Anyway the whole thing is definitely worth listening to.

I'm a total noob but I'm planning to follow this when I get around to it https://youtu.be/BRRSjfQRcjE

Wondering what those of you more versed in blockchain technologies think of this?

https://hackernoon.com/ten-years-in-nobody-has-come-up-with-a-use-case-for-blockchain-ee98c180100

Well, it's kinda true now. How much blockchain underpinned stuff did you 'use' today? Exactly.

Doesn't mean the future won't look different, and that's what BTC and other crypto backers are betting on. In the same way as people threw money around in the internet bubble, hoping that they would back the right horse.

They might be wrong. We are quite good at inventing solutions to problems that don't exist.

Heldring & Fettled_nuts - cheers for the replies.

People are slow to realise the potential value of Blockchain to solve problems rather than write it off as an investment bubble that's for sure. The problem is that so few people understand what it actually is.

Expect supply chain and logistics to be the first large scale adopters. Lots going on in Oil and Gas too, both upstream and downstream.

Ten years is kinda unfair isn't it, most people have only been developing the infrastructure needed for mass adaptation and enterprise solutions the last few years. I mean Ethereum was only released a little more than two years ago

Isn't it all about embedding contracts/licenses into transactions to protect intellectual property? The blockchain has the power to store all information for every transaction, that information can be tailored for every contract/transaction... It's just more of the same, no?

Anyone bought Ripple?

Is Kraken a recommended exchange? I want to buy Ethereum and Ripple.

I've heard they were a little unreliable lately so wouldn't go trading with them, if you just want to buy and hold move it to your own wallet

For one moment I thought I had strayed onto the rum appreciation page.!

Sorry if it's a re-post, but thought it might be worthwhile reading:

https://www.forbes.com/sites/jayadkisson/2017/12/28/the-great-bitcoin-scam/#4662530b5c1e

December 28th and Forbes is still shilling "Remember Tulips" from behind a paywall.

I'm not sure I follow what he is getting at in that article. There are many flaws with bitcoin but the fact that numbers are infinite is utterly irrelevant.

In any case, his $1 example is rather pointless seeing as the US is currently printing more dollars.

I bought Ripple at .78 in mid December, the last week has been wild.

Kraken is 'okay' the webpages often crash and you'll have to log back in and don't even try to use that app, its absolutely rubbish.

In terms of trading, I had to move BTC into my account as they only support two american banks for wire transfer which was a pain.