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Remember that this whole year started with the extreme fear of the scaling War (even I wanted to sell it all). At year start Bitcoin had still 89% of the market cap, and lost during this War it's leadership to 40% (traders fled to alt-coins). Now that this War is coming to an end, and looks...

If this S2X-fork fizzles out and Bitcoin stays BTC. Then there could be a huge relief-rally to $10000, if that CME Future really releases before year end. That would even surprise me... never ever thought that would be possible at January-1 2017 (when price was $960). It's going much faster...

Please read this WHOLE thread: https://www.elitetrader.com/et/threads/bitcoin-forks-money-for-nothing-sex-for-free.313943/

Yeh, sure. But do you realize that the Japanese are the biggest Savers in the world, and having negative interest rates for some time already? Those savings will find a way to crypto-markets as Bitcoin is becoming very popular in Japan right now. It's huge!

What to think of the special-paper, ink, presses, safeguards, transport cars, ATM's, energy, fuel etc..etc.. for fiat currencies? Nothing is for free.

These are cash-settled Futures. So (sadly) no real Bitcoins involved (other than that parties might hedge their Futures-positions with real Bitcoins, or visa-versa). Miners might use them to lock-in profits for future productions.

Later this year, when CME (probably Globex) launches this Future. Then you can go Short as much as you like (or dare..). Then put your money where your mouth is. Show us pictures of your short trades, and we will see who is right.

We discussed that before, and concluded that the current banking/financial system still uses much more Energy and other resources than Crypto (just calculate the amount of AC's in bank buildings around the world...). Nevertheless: the race in the Miners world is to build the most...

About the Mining Incentives: they are with current prices, more than 4 billion a year without fees (for only the Bitcoin market, other coins have huge incentives as well). So quite lucrative to develop and produce a more energy-economic Bitcoin-mining chip.

Sorry misread your original question (I'm dyslectic...)

You are correct that due to China's access to cheap energy as well as to Chip-foundries, china grew in the past years to a centralized mining-Hub. But as always: if there is an incentive others will join the competition. Currently, Japan is entering hugely this space (and they have the...

You underestimate the power of Decentralized Systems. Besides that: the USA isn't that important anymore, especially not in this case. Asia (China and Japan for now) will lead where Bitcoin is going. They already have 75% of the market:

Come on... it will hurt if Bitcoin's price rises to $100.000 and above. And Bitcoin proves that after 15 years of shitting on it you have to conclude it was the real thing after all.... Yes indeed. The incentives are the major essential part of the protocol. It keeps it unbreakable and...

I'm Dutch and approve this message :-)

Well they repeated this research just now in Okt-2017, and the results are exactly the same: https://www.coindesk.com/uk-treasury-cryptocurrencies-pose-low-terrorist-financing-risk/

you just claim that what majority sticks to is the true bitcoin. Yes, indeed (majority of Users). All other are alt-coins. Just like BitcoinCash, BitcoinGold and the upcoming BitcoinS2X. But I don't mind as I will get all versions anyway from my original BTC.

Heh? I'm probably older than you. And you haven't understand the difference between the blockchain-Ledger and hacked Exchanges or other third party entities. The Bitcoin Ledger is NEVER hacked. No Bitcoins are ever stolen from the Ledger itself, it just practically impossible !! People...

What an fool are you still? The equation is "usefulness + rarity = value". Where is the usefulness of your poop?

Wrong! The POW+incentives is the essential part of a secured untrusted blockchain. If you watched the Andreas video's you whould already know that.... But heh, no time .... Also wrong. This had been proved for 5 years already (the time alt-coins exist). ------------- Anyway: with all your...

No just took a long vacation paid by Bitcoin (so missed that thread). And no I'm not interested in trolling posts about tulips and what ever. I have posted a lot in 2013/2014 already, and fed up with ignorant people. Do your homework, and you will understand where I'm coming from.