I have a great idea.  I'll hire a team to make 1,000 new altcoins every day, and then I'll invest in all of them!   I'll be rich!  They just have to become valuable!

No, wait, scratch that - I'll just make the rarest alt-coin ever.  I'll make an altcoin with a total supply of one (1)  and then demand anyone pay 'at least' $50 million for it.

You must be the group of Doge investors.

I find that, on average, 'gullible' people have nicer characters

If you pay for electricity, then based upon your hashrate you're probably mining at a loss.  To give you some idea, 1 mhash/s will currently get you about 0.31 litecoins daily.  Your mining at about 1/222 that speed.

At current difficulty, this means it would take you nearly two years to mine a single litecoin.

This is not always correct.

Sounds like a virus to me.  There's no need to make the wallet.dat into a zip file.  And why would he send his wallet to someone he doesn't know?  Emails aren't like phone calls where you can easily dial a wrong number.

People lose money sometimes playing the markets?  Really?  You're blowing my mind, man!

Even if it drops to $75 it won't be the biggest bubble.

For it to be the final bubble, price needs to hit $0.  This will never happen because I will always be willing to buy BTC at some price.

Did you even look at that link I pasted?  At current prices we're up >400% in the past 6 months, and we're following the logarithmic trendline just dandily.

TL;DR:  This isn't anything out of the ordinary.  You must be new.

You "hope" people lose "absolutely everything?"  What kind of sick person are you?

By the way, you realize that this wasn't the largest bubble to happen to Bitcoin right?

Here, http://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zvzl everything is looking just fine and dandy.  Yawn. 

You misunderstood me, but that's fine because that last line of mine wasn't clear.

I thought Google Adwords generated some astronomical percentage of Google's profits, like 90%.  Maybe my memory's off.

Disclaimer:  This is not a conspiracy post of any kind, but I'm generally wondering if anyone else has noticed this trend recently.

In rap and r&b music videos, aside from cars and bitches, it seems Satanism is making a run for its money.

If I recall clearly:
-Lady Gaga wears a baphomet headdress and prays to evil spirits like Judas.
-Katy Perry is an alien and sings about selling your soul.
-Beyonce's innocent character dies in car fire in a music video and comes back as a gothic character.
-Rihanna sings about being possessed and her innocent character is also lost somehow to reveal a darker character.
-Miley Cyrus's innocent character told the cuddly disney bears to go fuck themselves, and her 'anthem' is essentially the satanist motto "do what thou wilt" vs. "this is our party and we can do what we want" while also mentioning that she "owns the night" because she "bounced the light"
-Eminem's innocent character is transformed into an evil Eminem in some kind of weird brain experiment and convinces his innocent character that being (rap) king isn't good enough, and that the only way to go is to be (rap) god

What happened to metal?  At least they come right out and tell you they're evil.

Gee, you guys really must think Bitcoin sucks if you need Apple to bend over so badly.

To be honest, I had difficulty writing my previous post because I do think a more detailed definition of "structural limits" is required.  Given that I've expressed my belief that all things necessarily share a fundamental characteristic of identity -- and that observable differences must arise out of similarity -- I could have just gone ahead and jumped down the rabbit hole as far as I possibly could and asserted that something moving at the farthest reaches of observable space must be the direct result of mental processes since the two must share a common identity and to that extent are the same (i.e. if mental processes occurring 'here' share a fundamental identity with physical phenomena occurring 'there', then changes in mental process 'here' must directly effect changes in physical phenomena 'there').  However, I wanted to leave the "differences" still in tact, for practical reasons.  Someone like Rassah would claim that just asserting that everything is fundamentally the same and thus everything directly effects everything doesn't lend itself to much practical utility, and generally I would agree.  I was trying to stay consistent within a particular context.

But, with specific regards to your post, and staying within the context I've chosen, I'm not sure everyone would agree that saying the "brain" produces a magnetic field affecting physical phenomena beyond the body is the same as saying "mental processes" produce a magnetic field affecting physical phenomena.

Referring to the bolded section. it's already known that thought can directly move objects (your body is an object).  It's also already known that thought can indirectly move objects outside of the body (e.g. thought -->  arm moves -- > key turns --> car starts).

So, your question is better rephrased as, "What makes you think a human has the ability to directly move objects beyond the body's structural limits?"  And, I think it's plausible because of what we already know of certain effects that thought processes have on physical phenomena.  It's not a sound conclusion by any means, but I think it's also unsound to conclude it's implausible.

Is this a serious question?  If so, it's not quite analogous as you're interjecting a 2nd subject into the mix, and this interjection requires certain assumtions about the metal capacity of the cat.

It's obviously established that mental processes affect our physical bodies which can then indirectly affect physical phenomena outside of bodies (e.g. I think about moving my hand, and so I do, thus turning the key to start my car which then enables me to drive where I please).  But is it possible to turn the key directly through mental processes rather than indirectly by first moving my body?  I'd say it's plausible.

I disagree with the main ideas behind this thread.

First of all, I have an iPhone.  I have a Blockchain.info app, multiple ticker apps and portfolio apps, an app for monitoring my miners, multiple BTC news apps, and even a mobile miner.  This is way the fuck more than I need on a phone.

I've never used any other type of smartphone, and it's true that this means an iPhone 4 is my only reference point for smartphones.  But, it's good enough for myself and apparently millions of others.  It's kind of like how certain alt-coins are, almost hands down, superior crypto-currencies, but Bitcoin is good enough.  I can even imagine buying a different phone and liking it more, but that goes for just about anything (clothes, cars, etc.) and at some point you realize that sacrificing freedom for simplicity is preferable in some cases.  One of Bitcoin's unmentioned assumptions is that people will actually prefer more personal responsibility.

Having a good idea that works for everyone is better than the best idea that works only for some in this case.  If the rise of a currency is dependent upon the failure of businesses, then that's a pretty awful currency.

I once knew a guy who practiced various types of meditation.  He was very serious about it to the point of doing several hours per day for years on end.  He also claims he systematically taught himself to lucid dream.  He claims that one time he somehow woke up from his dream wearing a shirt that he created in his lucid dream.  While I can't in any way verify this claim and would tend to believe it's false, nothing else about this guy gave me any indication that he was crazy or a whacko, and in fact he was a good musical composer and highly skilled in martial arts (he practiced fracture training to build up his bone density and toughness).

Edit:  While I'm not asserting that the guy's claim is true, I think it's worth considering that you have probably never known anyone who has committed literally thousands or tens of thousands of hours to mental training.  If you stick a bodybuilder next to a regular guy, everybody and anybody will automatically recognize the bodybuilder as a superior physical specimen capable of feats of strength and endurance (e.g. dead-lifting a car) that the regular guy would consider impossible.  Isolating this information, it's plausible to assume that someone who commits to training their mind with a duration and intensity similar to a bodybuilder may be capable of performing feats of the mind that the average person would think is impossible (e.g. directly extending the effects of mental processes upon physical phenomena beyond your own body).

You might want to rethink this a bit.  Observational studies of the use of hallucinogenic substances by various tribal communities suggest that, in at least some cases, the user is able to acquire certain factual information that is verifiable.  For example, certain tribes claim these substances allow them to communicate with spirits who might teach the user something about botany or spirituality.  Referring to 'botany' as an example, it's also been documented that scientists in general can't figure out why some of these tribes seem to have so much understanding of botany (e.g. which plants are poisonous, which are medicinal, and which ones you can mix together to effect a certain reaction).  A vast amount of  knowledge about pharmaceutical ingredients used in the Western world comes directly from tribal knowledge -- that is, Western scientists frequently visit these tribal cultures to learn from them.

Nothing would happen.  You could have a trillion people/computers working together and it wouldn't make any significant difference.

@OP,

With all due respect, you sound like you know nothing about investing if you just want to own some because it'd be "cool."

My advice:

1) Don't even think about investing unless you have thoroughly researched your investment.  You should know how Bitcoin works both technically and theoretically, you should know the reputations of various btc exchanges and services, etc.  If you don't do this then you're gambling, pure and simple.

2) Think of investing as a job.  Hypothesize and create an investment plan or model and stick to a particular method.  If you create a plan but then change the plan because your emotions tell you to, then you're gambling.  Invest with your head, not your emotions.  If you're investing because you "feel" btc will go to $2000 (or, conversely, if you don't invest because you 'feel' it won't reach $2000) then you're making decisions irrationally.  It's okay to invest based on feelings as long as your feelings are supported by good reasons.

3) Don't expect to get rich, especially if you don't want to spend a lot of time informing yourself about recent news and other developments.  And please, don't invest more than you're willing to lose.