We could make that graph fit anything, if we look hard enough.

The dotcom bubble?

Did you know that Moody's and S&P had rated many dotcom companies as "pieces of crap", BEFORE the crash?

Anyone with half a brain KNEW there was garbage piling up in the NASDAQ, that had to be purged.

Bitcoin is a useful legitimate commodity with a solid foundation.

So I'm not really drawing the parallel to bitcoin here. Its not happening for me.

What promotion campaign, you mean the spike to $30? That's long over.




orange: gold
red: USD
blue: bitcoin

The USD is getting a ton of press time, but is dropping. Gold has the most hits, though the line is fairly flat, yet gold prices are at record high.

Bitcoin has a microscopic amount of google hits compared to USD and gold. "What promotion campaign?" is a valid question.

Anecdotal evidence suggest there is one ounce of silver per 1000 cell phones. So yeah, there's barely any silver in ONE cell phone.

The point is, everyone has a cellphone or two, and we replace them probably once a year on average.

So, lets say one third of the planet owns a cell phone. 2 billion phones. That's 20,000 ounces of silver gone every year. Most of it will never be recovered.

That just for starters. Photographic film, solar panels, TV screens, ipods, microwaves, GPS, the list is endless. Is 200,000 ounces lost per year a reasonable number? That's two million ounces every 10 years, and the numbers will creep upwards.

The other problem is that because the amount of silver used is so small per device, even a large spike in the silver price would not cause a rise in electronics prices. So consumers will continue to buy, and factories will continue to produce.

How much silver is left in the ground? 100% of annual silver production is consumed in some form. There are no mining reserves left over.

I like it.

Scamming/hacking did not drive the price to 13$. The free market has decided 13-15$ is a fair price for a bitcoin. Wild speculation drove it to $30.

Not to diminish that better security is needed, but I'd like to point out that increased hacker/scammer interest is further affirmation of the bitcoin's high relevance and worth in today's world. In light of this, investors and retail startups should feel confident about moving a lot of funds towards beefing up bitcoin security for merchants and customers alike.

There's another site that does poker: StrikeSapphire Casino. They are bitcoin only.

Josh runs the site that he built himself. He's a talented guy and nice to talk to.

Click the bottom referral link in the banner.

There is a promo happening on Wednesday. Free entry 10$ SNG tournaments run all day starting hourly.

The poll is missing an option:

Silver is seriously undervalued while gold is slightly undervalued.

In my opinion, this is the correct scenario.

This is great Maria. 

Wish you much success.

Last call guys! 8 left + support hardware.  Grin

The democrats would love for some shit to happen and blame have Obama ride to the rescue. (2012 elections hello....)

What interest rates can we expect on flexcoin balance?

Your dream was right! Your bitcoin are on everyone's computer!

If your opinion was in the majority, the option to place images in sigs would not be available. Think about it.

Why isnt the home page SSL? For better security, it really should be.

Invite requested.

Perhaps you as the insuring party will need act as the client's personal bank account, monitoring all access and transactions in order to properly ascertain legitimate use.

How can it be wasteful if energy can be neither created nor destroyed? 

The USA AAA credit rating is ludicrous, they are the world's largest debtor.