Bitcoin will be worth $1 once it gets overtaken by a superior currency and is seen as obsolete. If you're hoping for BTC to crash to single digits so you can stock up before it shoots up again, you may be waiting for quite a while.

Does this really make much of a difference? I see more and more people nowadays choosing cheaper alternatives over iPhones. I guess we'll be seeing developers making bitcoin IOS apps soon, but don't really expect this to have much of an effect on the adoption rate of BTC.

He was using his real name online to complain about his perception of being wronged by others, so he probably didn't have an account on here. You never know what kind of people actually lurk behind some of the more eccentric accounts on here though. I'm sure many of us have known people online that surprised us when we meet them face-to-face, as they were nothing like their online persona.

I'm sure most Americans have heard of this story, especially because of all the attention it has been receiving in the mainstream media. His manifesto is well-written, but his thought-process is one of a racist, narcissistic, delusional madman. He lived in a fantasy world, where he perceived his shortcomings to be the fault of others, and wanting to exact revenge from those who had what he didn't, instead of accepting his weaknesses and trying to better himself.

I think most people who own BTC have them spread over multiple addresses, so the number of total BTC users is probably much lower than the addresses with at least 0.01 BTC. I have over half a dozen funded addresses myself and I'm sure there are people who control tens or even hundreds of funded addresses.

It may well be a western invention, but we'll never know for sure, unless satoshi is discovered. I think because of BTC's decentralized nature, it doesn't really matter where it all started, as it will spread to all the corners of the globe eventually.

According to the articles that I read after the Gox bankruptcy, Karpeles didn't trust any of his employees with the private keys of the cold storage wallets, which he kept locked in a safe at home. He was also spending most of his time coming up with cake recipes for his bitcoin cafe and worrying about his burgeoning waistline. At least that's what some of his former employees stated...

How much BTC do you give out per day? Do you do any advertising for the site and if so, are there any costs associated with it?

I remember reading somewhere to expect at least 3 or 4 months before the SAFE network goes live and we'll be able to exchange for safecoin. However, given that they predicted the testnet would be up about 30 days after the start of the IPO, I wouldn't hold my breath if I were you.

I seriously don't think BTC will break $5k before the end of the year, let alone 2 months. Unless a large amount of fiat starts entering the BTC market in the next few weeks, we'll continue our cautious and steady upwards trend, but nowhere near $5k in the next 2 months.

A person in a hoodie is not the same as one covered in tattoos. People who are covered in lots of tattoos have greatly altered their appearance to an extreme, whereas wearing a hoodie is no big deal. I wear hoodies a lot because it's convenient in bad weather; I can flip the hood on and put my hands in the big pocket to keep them warm. I get stopped by the cops all the time and asked for my ID, all because an article of clothing. Cuban's words don't bother me in the least, nor does a person who sees me and crosses the street. But when I get stopped for no reason time and again by cops who think I'm some sort of 'gangsta/thug/tough guy, etc', it's really annoying and unfair.

It's true that there are many instances where people do something wrong and when they get called out for it, they make it a race issue, but there are many times where the opposite is true as well.

I find it hard to take this guy seriously. It seems like he's simply pushing his own agenda and he says a lot of dumb things. Most everyone who has a large stash of BTC makes constant bullish predictions. Just because they're right 1 out of 10 times doesn't mean anything. Especially with something like BTC, where the price will either go up or down.

Bitcoin and stability should never be used in the same sentence. Every time we think BTC is stabilizing, it proves us wrong again and again.

My bad, I should have said very large companies. Most people I know have bought something on eBay or Amazon before. Can't say the same for Overstock or Tigerdirect though. I don't think those companies have benefited much from accepting BTC thus far. Do they actually take BTC or use bitpay? Either way, BTC sales are probably like 0.01% of their total sales. A business catering to less than 1 million bitcoin holders doesn't have much to gain right now unless they're planning to hold some of those BTC long-term.

I just mix some honey and ginger in cold water and drink that. Sometimes I'll squeeze a little lemon in there too.

I hope you're correct about the testnet predictions. I guess having seen so many crypto projects make announcements only to delay and delay has made me become very cautious when I hear about timeframes.

The BTC user base is so small, less than 1 million people, that there would be no invective for eBay to accept BTC. It's kind of silly to think that eBay or any large corporation is considering adopting BTC in the near-future. It's not worth the trouble for large companies to start accepting BTC, especially since the bottom line for them is potential profits. Maybe if the BTC user base was huge, they would consider adding it, but not the other way around. Btw, ebay sucks and their fees are ridiculous.

There's no proof that most of those coins are being sold. I doubt there's $1.6 million of fresh fiat coming into BTC everyday. I haven't put any fresh fiat into BTC since we were at $85 and I'm sure many others who bought below $100 aren't either.

Reading some of the recent threads on their forums, it's like they're still in the theory stage trying to develop their concept of the SAFE network. When they announced their IPO, they made it seem like they had already developed the concept and were entering the experimental and trial stage.

I use a plastic lawn chair, though I'm not one to remain seated for hours on end.