It is like IMF is intentionally trying to break EU. I see no other sane explanation to their stance.

google "smart contracts bitcoin"

Also Mike Hearn did a great presentation on this during London Conference 2012 there should be videos of it somewhere.

I do not blame Germans. I blame banksters.

Bitcoin is many things but none of those things alone.

Bitcoin is Bitcoin.

Bitcoin is simultaneously:
- Currency;
- Commodity;
- Store of Value;
- "Meta Stock" representing a share in Bitcoin Economy. Imagine that there are 100 000 geniuses not sleeping at night in their garages creating the future of money and you can buy a stake in this "startup" simply by buying bitcoins;
- Payment system;
- Messaging system;
- Accounting system;
- Time stamping system;
- Loads of things that could be built on top of Bitcoin protocol, such as smart contracts/property, for example;
- I might have forgotten something...
 

0.01% maybe have all the money and all the property, but 99.99% still have guillotines.

You could ask those who boasted getting higher interest on their USD deposits in bitcoinica than in banks.

Even though, mtgox shall be given a credit of being reasonably reliable since the previous 30$ peak, they are still are very risky. I do not think that your deposits there will be  insured (but check with them). They are rather checkered with scandal history. Lots of people complained in the past about not being able to get money out of mtgox (I do not know who is right and who is  wrong in those stories, but the fact remains).

However, this is not only about mtgox. I would not trust any Bitcoin business any more than I absolutely have to and if I have to trust them I would minimize time during which this trust is extended and minimize assets at risk as much as possible.

I would suggest only using Bitcoin exchanges in a "hit and run" fashion. By this I mean: transfer money in, buy bitcoins, transfer bitcoins out to yourself or other way around. Of course, if you daytrade it is another matter and you gonna have to carry counter-party risks.

Savers are effectively persecuted by banksters worldwide. There is a published research claiming that in past 4 years in UK only 102.4 Billion £ were confiscated from savers via quasi-zero interest rates and inflation.

Bitcoin and PMs is  the last refuge of the prudent. You try to take this away and ammo will become the  asset of last resort.

This is perfectly fine and reasonable point of view you have. If you think 21 million BTC is bad for a currency you gotta go and create one with another limit or no limit. If you are on a mission to change Bitcoin in this direction it is simply hopeless. Not going to happen and frankly there is nothing to talk about much outside of "alternative currencies" section of this forum.

The only way this makes any sense for Cyprus is if they agree on this now only to default big time as soon as they get 10Bn from German banksters.

Yep they are a bad cop and good cop and they are trying to find Satoshi.

Not this again.

There is no reason to not "start another currency that has no hard limit on quantity" you can do it. It is easy. I dare you to start it right now. In fact, such shitcoin is sorely needed. It would be great to have all inflation lovers to start using their own inflationary currency and leave us Bitcoiners alone.

LOL, Vladimir (another one) told his MFA to start a bank run in Europe.

Unbelievable. Considering that Cypriots are well armed, I do not think this will end well for banksters.

I suppose there is no such thing as bad publicity.

Guardian journos surely will get a bonus for finding these two to enable subliminal tarnishing of Bitcoin image.

Now this little clip is rather nice and it now goes into my collection. It will come handy to show the jury when character of Mr Alisie is presented to them in pending lawsuit(s).

Do you think it is wise to "promote" Bitcoin by parroting and plagiarizing words of other people and being filmed in process of committing a tort of trespass and advocating drug use?

Yep probably nobody read that wall of text. OP read the words below my avatar. Then google "network effect".

You could be underestimating lag with which "good news" affect BTC price. It takes time for newcomers to research Bitcoin and to put themselves into position where they can actually buy it.

If you do not sell bitcoins, there is no tax event for capital gains. This means you can use it as collateral for loans, for example. There are ways to profit from having bitcoins without selling them.

Lots of tax heavens out there with no capital gain taxes as well.

There are also various trust based offshore structures that could be used for legal tax avoidance.

Of course a lot depends on specific jurisdiction and professional advise could be highly valuable.

Fate of Unix? Do you mean as in UNIX running most of infrastructure of The Internet. I expect that yes it will.

Not sure "suffer" is the proper term here. I would use "enjoy" instead.

It is not a crash. It is a bear spanking.

I have not made a single Bitcoin of Fiat/Bitcoin transaction/trade for quite a few months.