I've moved a few percent of my BTC into Bitshares X.  Mainly I was drawn by their 'market peg' which so far seems to be working quite well, keeping bitUSD (one of their cryptoassets) pegged close to the USD.  I think cryptoassets such as bitUSD, bitGOLD, bitOIL, which track the real world price of these assets but have the utility of cryptocurrency, could be very popular in the future.  Also some of their DACs look right up my alley, the digital democracy and the music DAC look great.

But as with all alts/crypto startups it's even higher risk than bitcoin, so sprinkling small amounts in a few ventures is probably better than going all in on one.

I think we're still in the innovator phase. I'd say it will take another year or two to be comfortably in the early adopter stage.

This was super interesting!  The potential of building a Direct democracy/liquid democracy that can provide true voter representation and eventually as a more sophisticated system evolves, voting on specific issues, is one of the main reasons I'm into crypto.  I see it as a vital step for the survival of life on Earth - people forming collective consensus and then acting on it, like another layer of the brain of mankind.

So as far as I understand it the voting DAC has released shares.  They are not the voting tokens used in the elections but rather shares in the DAC that provides the voting service.  How can one buy these?  If this project is successful is the price of BTSX affected? I.e. is another way to support/invest in this by buying BTSX?

http://www.channel4.com/news/bitcoin-bank-of-england-super-rich-excluded-poor-internet-currency


 

They mentioned banks issuing currency backed by digital assets, such as bitcoin, being something that could happen in the future.  I predict that within 3 years, 5 years max, that banks will start buying up bitcoin.

This wont cause an immediate moon shot, but it will keep confidence high when new money does arrive such as after the ETFs.  All the new merchants announcing bitcoin integration via braintree will increase the general public's exposure to bitcoin and which will help build trust in the currency.  As we know merchant adoption has the fairly minor side-effect creating some downward pressure on the price, but overall this is a vital piece of the puzzle and very bullish news for 2015.

Fragile compared to what?  Fiat needs bailing out by the taxpayer every couple of decades.

I haven't got a clue.  Sentiment can change overnight, anything could happen. 

I would hang on to that 1 btc for dear life, hold long term and work to earn more.  In 3-5 years if bitcoin successes it could be worth tens of thousands of dollars.  

Depending on where you live and your level of education, it's not that hard to earn another $500, work and earn and buy another btc and double your holdings.  Really with an amount that small even if you put 0.2 into a high risk but promising alt coin, if you lose that's a 5th of your total gone, a huge loss in proportion.  With that relatively small amount it's easier to increase your holdings by earning more.  If you had 50x or 100x that amount I may advise differently.

No way, that's like calling him 'money' or 'coca cola'.  While the money could be used to have a positive effect on his life, how the child feels about their parents is even more important.  It's the parents responsibility to provide for the child.  If I were named Satoshi as a part of a calculated deal like this I imagine I would feel as though my parents valued money over the 'heart', calculation over feeling.  Something as vital and sacred as the parent-child relationship shouldn't be twisted like this.  It's not like we're living in an irradiated wasteland and this is the only way out for the child.

Having said that I am from a reasonably privileged background compared to most of the world.  If I was living in a slum and this was a way to get my child out I would seriously consider it.  I'd probably do it if my situation was bad enough.

Will this program run on a Mac?  What if we don't know how to run a program 'from source'?

I would be very surprised if this hadn't happened within 2 years from now.

A stopped clock is right twice a day.

 

https://www.youtube.com/watch?list=UUpwvZwUam-URkxB7g4USKpg&v=7ynTsztHesI

 

Hey all, I haven't been around here for a while so excuse me if this has been discussed but I was just taking a look at the Devtome traffic analytics and I noticed the huge increase in traffic that occurred in round 35.  You'll see in the rounds before round 35 the traffic was at roughly 200k pageviews, then it jumps to around 600k.  I'm just wondering, what caused this?  Where is all this new traffic coming from?

Here's the traffic analytics page:
http://www.devtome.com/doku.php?id=devtome_analytics

Thanks.

I agree.  It's like a spring coiling tighter and tighter.  If it takes until summer of 2015 to go 'bubble phase' I would expect $10k+ 'bubble', if it starts right now or in the next month or two I'd guess more like $3k-$5k.  Either is fine with me.

The bitcoin community should crow-fund the hire of elephants and have them decorated with the bitcoin logo so localbitcoins sellers in India can then ride around on them selling bitcoin.

This is a really great podcast about this:

"Bitcoin for Oil? The Latest Threat to the Petrodollar System"
https://www.youtube.com/watch?v=9ymMYSyUSjQ

Nice predictions, I roughly agree with you though I'm not sure it will take quite so long (until January) to reach the peak, though it might, depending when the ETFs launch.  But what about the Willy report?  Do you not place any importance on that?  I thought that might make this next predicted 'bubble phase' a bit smaller in proportion to the previous ones, but then again the longer time it takes to reach the next bubble the bigger it will be, so that would cancel the negative willies out.

It wont be much longer before the folks that bought at the top of the last bubble are making a decent gain.  Probably within a few months, 6 months max.