If US can take control, it would be a fortune telling matter to say what it could do with that kind of control over a new concept. The benefits could outweigh the immediate cost.

It's a brilliant day. May BTC go down to 600 before the next bubble.

People who bought it at 1100 should hope it actually hits 10k, but I highly doubt next one (without sudden influx of fool's gold from get-rich-quick crowd outside of china and/or another chinese attempt at controlling prices) will get higher than 4000.

If it even gets that high - remember that cryptocurrency is a highly unstable and relatively untested concept compared to what is the norm right now. In order for it to shoot up to 10k and above, bitcoin and its kind will have to offer more than momentary lure of quick money fueled by speculators, as it was languishing in 150 before shooting to 1000 for most of 2013.

Everyone knows the primary reason for the sudden influx of capital is the chinese participation and US government interest that brought the capital and publicity to the general public.

While I do have a substantial amount of confidence in the cryptocurrency vision, I would think back to how email and internet was eventually put into a proper place among the world business - not as revolutionary and apocalyptic as some of the 'prophets' said while frothing at the mouth, but still very much significant and influential that places it amongst one of the most important events in recent history.

Some people think he/she/them is actually affiliated to a government whose interest lies in creating a means to strike against existing fiat currency domination conditions.

This could mean that PRC government and many other emerging economies would be interested, but it could also be a honey trap against those with motivations to do so.

Cryptocurrency and its derivatives are out of the bag now. First nation state to claim the lion's share in its control will benefit handsomely, just as those who took the lion's share in taming and keeping tabs on good part of the internet has profited from that venture.

So this satoshi moniker doesn't have to be a person - a group is more likely. All those hints pointing towards UK origin sounds very easy to fake for anyone with a drop of motivation in concealing their identity.

Interesting reading here on this thread:

https://bitcointalk.org/index.php?topic=361215.0

Historically, earliest usage of forks was recorded near Nile Delta. Also, chopsticks were first used very roughly like needle sticks before actually being improved with usage overtime. In fact, it's not too much of a stretch to say it was a poor man's fork.

More like a born-into-posh-upper middle class-family boi that don't even know what it means to manage money (hence still living like a day fly from paycheck to paycheck while having 'life savings' of less than 7 grand at 25). No wonder he had to beg his daddy (because no one else and definitely no bank will loan half that to some half assed kid).

Man this punk should do well to stay out of shadier people's lot. People have been offed for less and telling everyone his family is rich enough to fork over 1 million USD on a whim which is pretty much asking for it.

On a more serious note, people are giving way too much benefit of the doubt. You want to manage money and be actually successful through some modicum of personal abilities, then you don't make stupid fuck comments you expect to hear from a high school boy regarding money. First he's gonna have to go back to his daddy (again) for some real financial advice and proper parenting (as in getting stomped on the throat) before getting too mouthy. Professionals my age worked our way up not just by taking opportunities when they presented themselves but by steady effort and being hard about dealing with successful ventures.

All that talk about 'hitting it big' dressed up with some pseudo-intellectual bullshit thinking they know anything about investment, then throwing everything at a single venture without even having a proper plan is exactly what you would expect from a kid. More so that he just flippantly borrowed 1 million dollars from his daddy to burn in this venture as if he could even work that off in the next 5 years alone.

To get respect, you don't receive money. You make them. If you want someone to loan you money, you build yourself up to the point where you are worth that kind of trust. Obviously this was not the case here. Properly introduce your plan and be honest with who you deal with, especially your family. This kid's just lying to his parents and trying to steal from their wallet. At best, a kid who picked out pocket money and trying to win a lottery. How the fuck is anyone supposed to take this seriously?

LOL this little fucker. Why don't you put your money where your mouth is and bring this shit in person? You want to know how they deal with punk ass fucks like you outside of your little bubble called america? Bitch be asking for it now.

A kid who's got 0 idea what it means to use money by lying to his rich daddy and stealing his million shouldn't bitch at me who already made his money during 2008 when everyone was too busy with their asses on fire.

You want to meet me, get your ass down to LA MacArthur. Maybe I will throw in a few tips about not stating dumb 17 year old shit like  "I could quit my job and chill in Miami and Ibiza for a year until I need money again."

This coming from 25 year old something kid with no idea how the world works (imma gon chill @ miami BRO) and barely pays rent. HAHA his daddy obviously didn't slap him around enough.

You do realize this bitch might just be a 25 year old spoiled kid (a money-rich minority by the mouthy teenage attitude) from US who couldn't make it in the real world without his daddy's help and basically sucked off his daddy to get his hand on some seed money. I would not doubt some 'rich' parents also don't know how to raise their kids properly.

This kid shows off all the signs of a gutless rich boi who still thinks like a 14 year old wannabe punk.

"I got balls" LOL this kid.

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Thank you.

Do the chinese think that by draconian regulations to keep their losses to minimum, and by having rest of the world fall 'helplessly' into a bitcoin trap that chinese government 'presumably' will take 'control' of, with which they will somehow forge a weapon to wield against world's financial institutions?

They be getting too ahead of themselves, sadly.

You might want to rethink that 'rebuke' if you consider the fact that US Dollar became the world's defacto main reserve currency and wielding a power empires in history only dreamed of having.

Of course, your line of thought would love to think that current world financial situations gives you the right to pass such historical judgment upon something you never had a hand in controlling.

I for one welcome this opportunity to buy cheaper coins on something that most likely would not go away too soon.


Also, I actually lol'd. That kind of sweeping eager judgmental statement easily trips over itself...as you just proved.

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Thank you very much.

I am always getting json_rpc_call failed retrying after so and so second with all my mining programs. Anyone know what's going on?

Same here, new to the digital currency scene. Trying to get my feet wet my mining litecoin with GUI miner on my Nvidia GTX 470

Unfortunately, it seems I need to know how exactly to work the GUIminer before doing any mining, since I always get hung on the connection stage. I can't find my GPU on the Default GPU drop down menu-just a bunch of AMD cards. I need to understand how to exactly input the URL (WHAT FUCKING PART TO CUT OUT?) and username/password (apparently different from ones you use to long into pools), ports, etc.

Essentially, I can't figure out how to connect to pools properly or use GUI miner properly.

Help