Or perhaps there is a strong possibility it will triple when there is decent liquidity... who knows?

Beyond the noise around the free claim, limited exchange options and FUD from Charlie Lee is a token that does at least have some decent attributes.

No issues on Mac OSX. Downloaded the bootstrap and unzipped it into the Application Support/Litecoin Cash folder in the Library.

Took an hour or two to index but private key import was easy and as expected. Balance shows correct amount.

Only quirk along the way was that OSX didn't want to open the Core client due it being from an unknown developer. Had to force it open.

Thanks for your efforts but those of us fortunate enough to be able to read can manage just fine with a 10pt regular font in black!

Recently I've been seeing the word "correction" a lot on the forum. It's being used as an explanation for BTC's recent drop in price.

Let me explain to you what a correction is, and why we are wrong to call the current activity in BTC trading a "correction".

A correction often follows a steep rise in price. BTC enjoyed this during December, and it's why many people now think it is "correcting".

But a correction actually signals a return to a price that better reflects an asset's fundamentals, such as cash flow, book value, earnings, etc.

NASDAQ defines a correction as, "A relatively short-term drop in stock market prices, generally viewed as bringing overpriced stocks back to a level closer to companies' actual values."

Given nobody knows how to value BTC, we cannot now say the price has "corrected" to its rightful level. After all, no-one knows what that is, right? Simply, BTC cannot be valued according to any existing, established valuation formula.

A better explanation for what has happened is that profit takers have moved in, re-balancing the supply/demand equation.

I think we are witnessing BTC maturing into a more traditional type of asset class, with a broader base of investors, and with that is a reducing ratio of us "true believers" who have bought into BTC for technical and philosophical reasons, and who are longterm holders and users. Meanwhile, newer investors lack both our patience and genuine curiousity/insight into the transformative ability of BTC.

By the way, nothing that has occurred in the past 3 months has altered my view that BTC is one of the most incredible things to have happened in my lifetime.

I remain a true believer in this wonderful invention and will probably never sell out of it.

With the recent explosion in altcoins, the altcoin boards have become the most frustrating forums to read as they are loaded with nonsense speculation and buying "advice" that is more than likely fuelled by self interest.

If there were to be one thing I'd love to see added to the rules, it would be a policy of disclosure. That is, a moral obligation to state whether a coin that is referenced by a poster in a post is held by that person.

Of course it couldn't actually be policed, but people have a moral obligation to disclose their ramping and the forum has a moral obligation to help readers to discern between what is independent/thoughtful posting and what is self-serving blather.

Spot on. Here are the silly old duffer's verbatim quotes:

"In terms of cryptocurrencies, generally, I can say almost with certainty that they will come to a bad ending."

But then, this:

"I get into enough trouble with things I think I know something about. Why in the world should I take a long or short position in something I don't know anything about?"

Every time he opines about cryptocurrencies, I lose a little more respect for him.

I also find it odd that LTC is regularly left out of these discussions.

It's a proven coin and its utility is well known.

Is it not considered in 2018 altcoin discussions simply because it's not a sexy, new thing?

As a buy-and-hold proposition, LTC seems to me to be a relatively smart buy.

Disclosure: I hold a small number of LTC.

Underestimate Bitcoin at your peril.

It remains the logical gateway into cryptocurrency due to its long-term efficacy and the ease with which it can be purchased.

Altcoins (most, anyway) swing up and down on tidbits of news, making them a risky proposition for all but a handful of crypto nerds.

When all is said and done, Bitcoin is the crypto colossus and will be for the foreseeable future.

If you can push this one through I'll happily send a tip! Cheers.

33d0b3ed5683b104d66b41063ab743449ace08c976ffb4d354bad1ed7a58474d

With these forks coming up, it's another reason to hold your nerve and not sell your BTC this month.

Once your BTC is sold you will no longer benefit from forks, and that could cost you in the long run.

Don't forget the promise of free coins in the upcoming splits.

This could be a contributor to the hold mentality, which drives up the exchange price through scarcity.

I can see this bull run continuing for at least another week, until the splits begin to kick in.

On one exchange I looked at yesterday, there were 6 buyers for every 1 seller. Wow.

33d0b3ed5683b104d66b41063ab743449ace08c976ffb4d354bad1ed7a58474d
This one is well stuck. Any help you can offer greatly appreciated. Cheers 

The order book at btcmarkets (Australia) shows a torrent of money coming in for Bitcoin.

The buyers outweigh the sellers 6:1 at the moment.

Like what, mate?

I've just opened up two different trading exchanges and it looks like a simple case of supply not meeting demand.

Up goes the price... simple economics.

The more valuable Bitcoin becomes, the harder it is to blindly trust any method of coin storage.

At one point I'm sure Mt Gox customers trusted the exchange.

The Ledger Nano S plug in for Chrome (Mac) has some holes in it, which has put me on full alert.

FWIW, I spread my coins in many different places to mitigate the risk of any one of them falling over.

For those in the US, that's around $18b.

For those in Europe, that's around Euro 15.5b.

Interestingly, the report doesn't measure crypto gambling, which is surely now big enough to be in the conversation.

The Age, Melbourne, Australia
Nick Toscano

Australian gambling losses have hit an all-time high after punters burned through nearly $24 billion in a year, more than half of which was poured into poker machines at pubs and clubs across the country.

New government statistics reveal pokies losses grew 4.2 per cent nationally, roughly double the rate of inflation to reach $12 billion in 2015-16, while sports betting remained the fastest-growing form of gambling.

More:

http://www.theage.com.au/business/australian-gamblers-lose-a-record-24b-in-a-year-20171201-gzwr30.html

Oh, and how about this for a clanger?

When I went to generate a new receiving address in the app, it served up the same address it had given me previously for the transaction that has gone missing.

I've read some very positive reviews about the Nano S but it's amazing how quickly you can lose trust and goodwill.

A$125 down the drain...

I took delivery of a new Ledger Nano S today and ran a couple of test transactions before I move across all my coins from Core.

Oh dear. What a ropey bit of software the Chrome extension is. So far:

1. One of the two test transactions I made has "disappeared" entirely from the app, this after it appeared briefly
2. After scouring the web, one fix for this apparently widespread problem is to "reset application data"... this crashes the app and has no effect anyway
3. All other ideas, such as reinstalling the extension, ensuring firmware is up to date, etc, come to nothing
4. The TX ID checks out at blockchain.info -- no issues there
5. Even though the TX remains unconfirmed, so does the other test transaction I did, which appears as normal in the Ledger app

I can only conclude Ledger app is buggy and not fit for purpose.

Buyer beware.

While I expect there will indeed be many sell orders set for $10k, I reckon there will be a greater number of holders who have witnessed this recent rally and want to stick around for the journey. Any dip to $8-$9k will find support.