Bitcoin will be in all media today/tomorrow and reason for it will not be some exchange hack!! If nothing else more people will hear about it

New York regulator issues final bitcoin rules
NEW YORK, JUNE 3 | BY KAREN FREIFELD AND GERTRUDE CHAVEZ-DREYFUSS

New York state issued on Wednesday its final rules for virtual currencies such as bitcoin, easing regulations on the type of companies that could apply for a license.

Benjamin Lawksy, superintendent of financial services for the state of New York, said the new digital currency rules known as the "BitLicense" will focus on overseeing financial intermediaries only. Lawsky made the remarks on Wednesday at the BITS Emerging Payments Forum in Washington.

"There is a basic bargain that when a financial company is entrusted with safeguarding customer funds and receives a license from the state to do so - it accepts the need for heightened regulatory scrutiny to help ensure that a consumer's money does not just disappear into a black hole," said Lawsky.

As a result, the new rules would not apply to software developers, individual users, customer loyalty programs and gift cards, currency miners, nor to merchants accepting it as a payment. (Reporting by Gertrude Chavez-Dreyfuss and Karen Freifeld; Editing by Chizu Nomiyama)

It would be nice to keep the blk*.dat files small as long as we can.

The eventual solution will be to not care how big it gets.

But for now, while it's still small, it's nice to keep it small so new users can get going faster.  When I eventually implement client-only mode, that won't matter much anymore.

There's more work to do on transaction fees.  In the event of a flood, you would still be able to jump the queue and get your transactions into the next block by paying a 0.01 transaction fee.  However, I haven't had time yet to add that option to the UI.

Scale or not, the test network will react in the same ways, but with much less wasted bandwidth and annoyance.

GF's out at a lesbian bar, BTC crashing WHY AM I HOLDING? I'LL TELL YOU WHY.  It's because I'm a bad trader and I KNOW I'M A BAD TRADER.  Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro.  Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY'RE DOING buy back in but you know what?  I'm not part of that group.  When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME~!  Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO SHIT.  NO SHIT I SHOULD HAVE SOLD.  I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU.

this is turning like HODL? isn't it? meme that aims to encourage the support of bitcoin are always welcome

Look at a fine case with BFL, that supposedly was a good company in the 1st year, then now went all bad.

block size will be increased, but no idea when and what details

OP, it's been almost Two Weeks^TM... Soon^TM?

Dee Hock is the founder of Visa, and is responsible for effectively creating payment systems as we know them today. “Bitcoin represents not only the future of payments but also the future of governance,” Mr. Hock said. “We live in the 21st century but are still using command and control organizational structures from the 16th century. Bitcoin is one of the best examples of how a decentralized, peer-to-peer organization can solve problems that these dated organizations cannot. Like the Internet, Bitcoin is not owned or controlled by any one entity, so it presents incredible opportunities for new levels of efficiency and transparency in financial transactions.”

John Reed was formerly the Chairman & CEO of Citibank, and was responsible for growing Citibank into the world’s first truly global financial franchise. Under Mr. Reed’s leadership Citibank developed the modern ATM and helped redefine the modern retail banking experience. “Financial services have remained largely untouched by the digital revolution,” says Mr. Reed. “Bitcoin represents a real opportunity for changing that. Money at its core is simply a ledger for keeping track of debts and Bitcoin is truly the best iteration of a universal ledger we’ve ever seen. The mere fact that there will never be more than 21 million bitcoins and that each bitcoin can be divided into 100 million units makes it a significant improvement on any historical form of currency.”

Lawrence H. Summers was the Secretary of the Treasury under President Bill Clinton, and continues to be one of the leading economic and policy thinkers of our time. “Until now whenever we’ve needed to transfer money we’ve had to rely on a third party, whether it be a bank, a clearing house or a payment network. Bitcoin offers, for the first time, a method for transferring value and making payments from anywhere to anywhere, in real-time, without any intermediary. This could mean we soon see many billions of people sending bitcoin everyday as easily as they currently send a text message.”

May 26, 2015 8:08 am | Nasdaq to step up blockchain trials

Nasdaq, the US exchanges operator, this year plans to increase the number of trials with the decentralised network that underpins bitcoin. The New York group expects to debut three or four trials of the ledger in trade processing in the next 12 months, in a move that Bob Greifeld, the group’s chief executive, hopes could radically reshape some of the US’s sometimes cumbersome and slow-moving market plumbing.

...

Blythe Masters, the former JPMorgan banker who helped develop the idea behind credit default swaps, has joined a group of trading executives setting up a venue that will convert buyers and sellers of financial assets into bitcoins, thus cutting settlement times.

Source: http://www.ft.com/intl/cms/s/0/81b6145c-0309-11e5-b31d-00144feabdc0.html

Full text: https://www.reddit.com/r/Bitcoin/comments/37az7o/nasdaq_to_step_up_blockchain_trials/crl6f4i

...convert buyers and sellers of financial assets into bitcoins...

I looked at the old threads of the forum during the 2011 crash.

Fun to see the topics with hindsight ! And can be sometime quite instructive.
So I've put them on a chart corresponding to the date of the topics  





Dam.. just sold...
We've seen the bottom
Bitcoin will one day rise like a phoenix
quiet before the storm ?
bubble 2.0 forming

I for one am shocked that this did not happen.  

What it takes? 300 Billion in one-time investement AND thereafter 82 Million Dollar new money every 24 hours to hold that price (roughly another 30 Billion per year just to run it).