Stability is a good thing, it helps bitcoin as a currency protocol.

No more Gox helps.

The larger and more popular bitcoin gets also means the less likely big price swings will happen just due to the size of the market cap.

It's not that we have too many alt coins. It is that we have too many useless alt coins.

We have almost 500 released coins now, it is crazy. But there have been some good ones. Like POS coins were mentioned, I really like Hobonickels, the upcoming wallet is awesome. But I'm really sick of all the copy-pasta coins that took someone a weekend to make. I don't know why people buy into Sexcoin and Potcoin and Lottocoin and all the 100's of stupid coins, but I never understood why Doge coin blew up either.

You can't stop people from making dumb coins but I sure wish they would collapse sooner that later. It has gotten to the point where you can't even follow coin development anymore because of all crap, unless you want to spend 4 hours a day going through the muck to find the diamond.

Please don't make another coin. There is almost about 500 now.

Too many. Coins. 

Unless you have a really different idea please don't make it.

Unfortunately I don't have the money for legal options, I'm quite poor.

Jon Montroll will get what is coming to him, I do not forget.  I also don't even care about money much, but just on principle, I can not let someone steal from me and get away without with experiencing repercussions. They might even be a long time coming but he has something coming for him. I don't live in the U.S but I have a great memory.

Besides taking it upon myself to try to wake people up around here to smell the coffee (that they have been taken advantage of), there is not much publicly more I can suggest. I just hope the bigger bag holders take him to the courts or press criminal charges, and then instead of Jon Montroll's bullshit, we can actually hear how (or why) the community lost over 5 million dollars of BTC entrusted to him, and instead of living comfortably off of stolen funds, Jon could try out poverty, such as he brought to his customers.  This vampire really fucked over a lot of people and justice should find him.  

Has someone analyzed the numbers? Off the top of my head it would seem that more than 75% of exchanges either get shut down, hacked, or have their accounts stolen by the administrators themselves.

Decentralized exchanges seem the only way forward I think.  Doesn't work to have decentralized currency on centralized exchanges.

THat's great to see but lower bets are needed. The minimum bet is 1000 hbn which is over 0.1 btc which seems pretty high for a min bet (to me anyways).

I think most of ya'all are wrong on this.

The annexation of Crimea by Russia will have a noticeable price affect on bitcoin.

Why? Because Russia is going to get hit by more sanctions, their economy will take a hit, and the smart rich in Russians will look to bitcoin to try to get out of the ruble or to move currency out of the country.

Ya that's a really great idea you should set that up.

Can't talk about every coin as there are just too many, but for the 5-6 alt-coins I trade in, all of them are down. Alts in general are just not doing well these days. Maybe after the 200th scam coin / copy'n'paste coin came out the market is just too saturated now, while bTC price looks healthy.

They aren't 'a big scam' as you say.  There are many that are innovative and superior to bitcoin in some more many ways.

Unfortunately the goods coins are in the minority though. For every 1 good new alt coin that comes out 10 dumb -copy-and-paste coin comes out, usually only made to appear different by some cosmetic thing or marketing,  like PotCoin or any of the hundred.

As far as I know there is no graph that plots how many coins there are.

Invite please ! Sounds interesting.

    ya that worked out well for the mt gox people.

Regarding the government agencies involvement that sounds like a big heap of bullshit.  If government agencies were involved there would be no reason why he would not be able to say that they were involved.  He'd not be able to reveal details if there was a criminal case, but he could say they are involved.

The fact is he said nothing of substance of what happened to the over 8000 btc between the money owed to WeExchange users and his loan he has defaulted on. That's over 5 frickin' million dollars. I also don't see how people can be calm about it.

You know what else is ridiculous?

You don't hear it mentioned much but the the Federal Reserve gives themselves a 6% profit from all the money they make out of thin air.

It's almost unbelievable.  Basically what happened is the banking cartels took over production of money. And they make a massive 6% profit from every dollar they make. It's an unfathomable amount of currency made for .... printing currency.   These vampires make money from making money which they then use to buy real assets such as islands, plans, politicians, mansions, Bentleys and private jets and other goods.

I don't think people would believe it. But it's true. Google 'federal reserve 6% dividend' .

These banking magnates effectively have the American people in choke hold and siphon an almost uncountable amount of money into their own pockets. It's all the money from the middle class flowing upwards for all these decades and will only lead to collapse, it is unavoidable.

Ya I know all about that. Having had a 15btc 15gh share of an avalon gen 1 3 months late, and having invested in asicminer in the summer thinking the chips were coming in September or October.           But it really it does look to me this time that the new asicminer chips will be coming sooner rather than later, finally. And f-cat is not one to post inaccurate specs.

Fair enough points.

Personally I don't trust Ukyo at all, he doesn't seem trustworthy to myself. This why I don't put much stock in his technical problems reasons.  Again I just don't buy it: for what possible reason could he not even explain the nature of the technical problem to us?  What technical problem could take more than a month of full time to resolve (yes I know it is possible, but I don't think likely). Why would he not enlist the free help that offered by some members of the community to fix said technical problem?  

Ok so let's say it was a technical problem.  Why would Ukyo:

a) be aware of the technical problem that caused him to lose btc or be unable to withdraw their deposits

and then

b) why would he continue to accept deposits for over a month knowing that he had the problem and he was unable to let people withdraw?

That just does not add up. It took a lot of badgering for him to even post on WeExchange that he was having the technical difficulties.

Because he has given next no details on anything at all, I'm forced to do guesswork. But the the most likely scenario that I can establish without much question is that something illegal happened and he has not been forthright with his on the reasons why all 'of our coins are gone'.

It's all been gone over so I'll save everyone the boredom but I think the timing of his massive loan is also quite suspicious.  (I mean how could I not see it as suspicious, really. )

I respectfully suggest that you are not going to get any information outside out of court case though.

It's been many months and he has said nothing of substance about what happened, and has lied (remember that for the first 2 months or so he said this was a technical problem solely), so I don't think he'll really offer all of bag-holders unless he is in some sort of trouble. Right now he's probably just sipping margaritas in Tahiti laughing with how he got away with this. It's pretty easy to ignore pms and emails. Especially if you did something illegal and don't fear any repercussions from having done so.

I think getting money out of court case would be difficult but at least a) it'd be nice Ukyo had some financial hardship over this (like the hundreds he stole from) instead of presumably benefiting immensely     b) in a court case at least we'd finally hear non-bullshit from him    c) there is a very good chance it is looking like he did criminal things here, and he should get some justice for this.

I can only speak for myself but I'd be willing to give my share of BTC claimed to a court case and lawyers. Maybe all of his assets are only $500,000 out of the 5 million owed. But if more of us 'signed over' our 10% return (or whatever it is) of our lost money to go to the lawyers fees I'd much prefer that than nothing happening and the money being gone, which is likely what's going to happen with further inaction.

As I guy with a measly 1 btc in this though it is up to you bigger bag holders to decide what you are going to though, of course. I do recommend doing anything though, I think finally, now months later, people are finally starting to face up to the fact they are highly unlikely to get any money back from Ukyo. He currently has hardly anything to fear, and is living comfortably off of his thievery, so has little motivation to return his stolen proceeds.

So basically Ukyo has stolen (until shown otherwise) over $5 million USD in today's fiat price of bitcoin.

After my batch 3 gen 1 order was over three months late and they showed a lot of evidence of a lot of pre-mining before shipped...ya think I'll stick with Antminer, Bitfury or Asicminer gen 3 thanks.

I'd say the chances of gen 3 being a disappointment are pretty slim.  Quite counter to that, all the posted specs look like it'll be one of best options around, certainly in the top 3.

http://www.reddit.com/r/Bitcoin/comments/20aocz/rockxie_minerasicminers_gen3_chips_is_coming_now/

Asicminer will be back, in a big way, with specs like that.

Personally I'd love an Asicminer Cube ][