I believe there's no firmware present in a freshly-unpacked TREZOR. This means that, in order to be able to use it, you must download the firmware from SatoshiLabs (the creators of TREZOR) and program the device yourself. During this process, a digital fingerprint is displayed on the device's screen, that should exactly match the one shown on the computer screen. After doing all this, your TREZOR is supposed to be tamper-proof and ready to securely manage your keys.

Segwit 2x guys just threw in the towel - bullish as fuck?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

Digressing and OT I know, but the light pollution reminded me, in 2019 all electric cars in the EU must make a sound in slow speeds! what an moronic idea. When we finally made cars silent they force us to make them noisy again. And it's a very irritating sound too. A by law forced noise pollution.
https://youtu.be/p4cjPk8mqEM

EDIT: typos and stuff.

As someone who bought their first Bitcoin in 2012 for $20,

Indeed, I can't help but laugh at all the thousands of newcomers who just read r/bitcoin and suddenly think they are scaling experts. That Bitcoin should be able to run a node on every Raspberry Pi in Afghanistan. Yada yada yada. This is psychologically manipulated groupthink. Let's face it - many of the people getting into Bitcoin today are "newbies" who weren't very smart or educated in the first place. But they all like to act like they are, ESPECIALLY when it comes to their opinions on the Blocksize debate - an opinion that was only formed through reddit. Oh boy do they love repeating those opinions, and screaming down anyone who disagrees, like a bunch of drunken fratboys who think they are about to lose their virginity. Only a very small minority are capable of using logic or reason.

It's both amusing and kind of sickening to watch happen.

Anyway, now that the dust has settled and the "1mb forever" crowd has won, Legacy Bitcoin will likely never scale in any meaningful kind of way - Meaning Legacy BTC will never be anything more than a speculator's toy to get rich, a gateway to altcoins and FIAT and a settlement layer.

However, I still fully expect the combined speculator and institutional investor money to take Legacy Bitcoin to 50 - 100K and beyond. However, it will become impossible to move coin at some point on the main chain , with $100+ fees, making a very large percentage of BTC wallets unspendable. At that point, the vast majority of Crypto users and commerce will have already moved to either Bitcoin Cash, Monero or Ethereum. In the long long run, 5+ years, I fully expect either Bitcoin Cash, Monero or Ethereum to become the #1 coin with the highest market cap. It's inevitable now that Bitcoin will never scale - and let's be honest, Lightning Network will either never exist or will never deliver as promised --- which means BTC is going to be stuck where it is now from the scaling perspective, with only a few band-aids thrown on top, likely forever -- unless the miners finally grow a pair, say enough is enough and stand up to the bought out Corporate shills at Blockstream, but I'm not holding out hope for that outcome at all.

I WANT THE MOON AND I WANT IT NOW!

Back in 2011 - 2013, I really proselytized far and wide. I wanted everyone I knew to be able to take advantage of this new technology that was obviously going to change the way money works for all humanity. Free us all from the vampire squid.

But I took ridicule and abuse for my attempts. So my voice muted. Finally, I just stopped talking about it altogether.

As (Torque?) said a few posts back, you can lead a horse to water...

You forgot Bitcoin Platinum. 

I'm really intrigued to see how the next crop of psycho bears will approach the next fallow period. In 2014/15 there really was the possibility it was going to nothing. That's going to be a harder sell next time around.

Proundhon is no doubt exceedingly rich by this point!

that, or we're REALLY stupid, having had the golden ring in our hands and traded it for some junk (like 100 USD/btc)...

guess which camp i'm in? ugh.

CME Futures are launching in 2 hours.  Not tomorrow.  

https://www.c[Suspicious link removed]m/2017/12/15/bitcoin-futures-are-coming-to-the-cme-heres-what-to-expect.html

I think the statement on the CME website is confusing because it’s referring to close of the first day’s trading (Sun - Mon). 

How long will this BCH attack last?

The Independent (UK Newspaper) is truly a pathetic excuse for journalism

Oke guys is iT for real ore is iT Just a dream
Kraken says btc hitted 20.000€??
 


IT Will hit 20k euro again Ofcourse

I think everyone involved in bitconnect lended to the platform itself which guaranteed huge returns (which is what made it a Ponzi). They sold the story as having an amazing trading bot that generated huge profits which is why they could guarantee such large returns.....LOL

Whoever created Bitconnect clearly was going to run off as soon as outgoing money surpassed incoming money which it makes perfect sense that would be about now.

what are the txs fees on that now???  

Nothing would please me more, besides the Butterfly Labs officers + Bruce Peterson being thrown into the big-house for twenty some-odd years.

lol, it's meritflation already...you call this governance?

Join Meritconnect!  double your Merit in a day!  Referral bonus for every new user you recruit!
First one is free! Tier one members receive 2 free Merit! (now you're hooked!)

But, then where are the thousands of merit referral links? The scattered sponsored merit posts on facebook? I havent even seen a YouTube advertisement of some guy walking through his shitty apartment bragging about how he makes merit work for him and I should too.

...waiting for Roger to introduce MeritCash™

The merit system is being censored by all the small-blockers!

Thinking the same about selling now and rebuy later. But everytime I tried that, it directly went up. 

is crypto done?

That's a good thing, IMO. This is the time for for slow and steady gains - like the nearly 90% or so we've seen since the bottom, a couple weeks ago.

If someday Bitcoin does another 10x I will "retire" and devote all my time to exploit research on blockchain/smart contracts field. That's when I will start to have real fun.

Turing complete is ok.... on SIDECHAINS. Main layer has to be simple and secure.

Holy shit. I think I'm unofficially retired as of an hour ago.

It hasn't hit me yet.

Making it official with a select group tomorrow, then telling my direct manager on Friday.

Wow.

I can't believe I actually pulled this plan off...

I retired on 1/14/18....so a bit more than a month, the 1st month was pretty busy...tax mess from crypto mining (my income stream now) HODL mode...too much time in pajamas on bitcointalk.....had time to make a couple killing on stuff in that I don't work....(garlicoin) and some other stuff....

still somewhat befuddled however...and I feel like I am a 6-year-old who just got done looking at a playboy....feel kinda dirty...and have no idea why..no context...

same thing, not working..I wake up everyday feeling like I'm gonna miss an appointment or need to be someplace..what is it 'phantom work syndrome?"

some kinda PTSD as a former 'worker ant' I guess


anyway, spend a lot more time looking at house procrastinating projects (painting/fix plumbing/etc) that seems to be a constant from when I had a job that has not changed....

but it is weird, you will find that out for sure...

XRP is good for making fast and cheap transactions. Scales better than bitcoin. Far from decentralized, but it gets the job done if you are in a hurry.
[snip]

That's the realest lookin' sex-doll I ever did see. Sheeit, might just go straight for an evening with that  

edit to add https://www.coindesk.com/digital-currency-group-invests-in-crypto-friendly-silvergate-bank/ Barry bought him some bank

And I thought that we had all almost run out of sMerits... and it is that people are just hodling their stash.

OTOH, what was Theymos thinking? This is a BITCOIN forum, you can't unlearn good practices lol

Except they have the highest gun related deaths in the Europe

If you spent around $10k on bitcoins any time between late 2014 and early 2016 at below $500 (let's say average price per BTC was about $500), then you would have 20 BTC - seems like enough for a Lambo.

On the other hand, I think that it would NOT be very wise to buy a Lambo unless you have at least 100BTC (so if you have at least 100BTC, then you would be spending less than 20% of your bitcoin holdings on a Lambo).  On the other hand (I think that is enough hands for now), if you think that you are going to die soon (within the next year or two), then who cares, you need to have funzies while you are still living... and spend your bitcoins and buy the depreciating Lambo - even if you only have 20 BTC-ish or even less.

That's my NOT SO GOOD advices for the day.          

But what if you're wrong?

I think that you and I are on a similar page in our thinking about buying luxury and depreciating assets with proceeds of our bitcoin investment, so I suppose that I am appealing to the more extravagant folks in this thread.  They do exist.

One thing that might need to be sussed out is whether we are presuming bitcoins to be the totality of your investments or what kind of size is th rest of your estate.   Let's just assume for the sake of argument that the bitcoin holdings constitute a vast majority of your whole wealth (at least 80% or more), and then your figure of 20% of 20% puts you at about 4% of your holdings, and even having some reservations about whether a Lambo would be prudent under those circumstances. 

I cannot really battle with you on those kind of personal thresholds, because I am likely similar to you in my thinking and probably less than 2% would be my personal threshold, as long as I was feeling sufficiently geared up otherwise to have a decent storage place for the thing and the other lifestyle drama that a lambo would likely bring into my life.. because there is no doubt that spending on a lambo should really symbolize that you have acquired a decent stash of "fuck you" money, rather than you have to stretch your finances in order to be able to fit such a purchase into your lifestyle.

There are a lot of new hodlers who jumped on board last year. Going through a market such as this is basically a rite of passage for new hodlers. When this is all over, we'll have a new generation of grizzled, battle-hardened, strong hands.

To wit, this is one of the reasons I legally conceal carry whenever I leave the house. There are enough people IRL that know what I'm (approximately) worth, and I consider concealed (or open) carrying as insurance against a possible $5 wrench-attack.

snip


Not yet, might have to give it a go. The one I’ve done twice is called ‘Bullets & Burgers’ believe it or not.

If all you have is a pen, it is better than bare-handed.

A pen has about the same cross-section as a knife. If you can grip it tight enough not to slip, it will stab just as deeply. Lack of a real handle makes gripping difficult, and of course there is no ability to slash. But the defensive mindset will be prepared to make use of any available tool.

If GTFO is in any way a viable option, and you are not risking anything irreplaceable, then GTFO is always the best option. Even if you are certain to emerge the victor.

Craefulgang, you wouldn't wanna spill your Covfefe

Now, onto more important business.
How many shekels is it worth to you to keep your post on the 20,000th page?

@AntonKreil https://twitter.com/AntonKreil/status/978718487647416320

Hey CryptoCunts. Thats all in less than 1 week and 1 of them is less than 1 day! Plus I have another 23 positions in OPTIONS! Profit in the hundreds of thousands of dollars & you dont deserve to see it. See the % gains. Fuck your HODLgang Bullshit. Grandad makes serious money! 😂
8:40 PM - 27 Mar 2018

snip

Yeah, whatever everybody is saying on charts and..... its a fact that for the moment the market given us a pump little higher than the last one and dips down to pump again but allways with little lower ending .....  i don’t have a problem with This , i Just hope its breaks out and don’t give to much chance to the f****** Guy’s that knows better and allways telling me i read in the articles BTC is Going to go to 2K and then i Will buy iT and blabla while they have such a Nice uppertunity to start buying allready , i even would hate iT if Some of the f**** buy @this prices please leave them in the dust , all these i know better Guy’s whitout any longterm picture....

Its not only that. There is always this menace that bitcoin will be crushed to the ground by speculators, banks and governments, and will never rise again. Everytime someone talks about "regulation" is always posed as a threat, even if it would mean only regulating exchanges to halt crashes like this.

snip

Why is it that  hardly anybody here other than myself and a couple of others will admit the show's over?
I know it's hard to accept but it's true.
Dark forces pushed it up to its heights  in order to be able to obliterate it.
Not just Bitcoin....all digital currencies.
You are seeing it with your own eyes but sill won't acknowledge it!
 

They added an extra grace period for claiming until 14th February, then kept all the unclaimed coins for themselves (including Satoshi's million).

To even begin claiming you had to give them an email address and a mobile phone number. After you supplied that information they wanted even more intrusive details from you.

https://news.bitcoin.com/united-bitcoin-may-be-the-most-controversial-fork-to-date/

Yes... It is fucking me up the ass up and down. And i'm already poor as fuck. Trade up it goes down, trade down it goes up.
Bitcoin is satan. U know what happened when I closed my short? It stopped going up. I'm done trading forever.

yea I was doing that but thought I could be mr smarty pants and do technical analysis cuz I watched youtube videos promoting this bullshit.

Back to HODLing with what's left of my pathetic december investment.

I’m willing to go to hell if it makes my time alive better yeah

...
Will there be a mass realization that blockchain without bitcoin is just a slow, shitty database? How long will this realization take?
...

does that watch mine bitcoins? :-D haha

So... this means I have to start thinking about making an actual career and stuff?