Am I counting the business days wrong, starting from the day I made the transaction (excluding the day it was made):
Thursday-Friday-Saturday-Sunday-Monday-Tuesday-Wednesday

I get 4 that way.

So it seems to be taking longer now. I wonder if I see my money at all.

I withdrew my money from my Mt.Gox account using SEPA bank transfer last Thursday but I haven't received them yet. Does it usually take over 5 working days for SEPA payments to go through?

Damn, I wished to complete my 0.87 BTC to 1.00 BTC so I could sell it but I can't connect the pool

I would avoid all outside regulation, it could eventually destroy the freedom Bitcoin can offer.

I think this whole exchange thing started way too early and caused Bitcoin/dollar trade becoming far more popular than Bitcoin/goods trade.

If this Bitcoin price crash continues it might force big exchanges like MtGox scale back because their profits will also be cut to a fraction when the USD volume of the trade collapses.

I must add that I feel that current fiat currencies are somewhat legalized ponzi, especially in Europe now. Taxpayers are forced to pay profits of big investors through legistation and so-called bail outs. Inflation is also a form of taxation. Central banks print more money to keep the unhealthy economy going on, this results in inflation and it means that your wages and savings lose their value. Thus central banks and big investors gain value while your work and savings lose it.

Have you thought of why people were willing to pay up to $30 per Bitcoin?

I wonder if it has anything to do with rampart advertising around internet forums how investing in Bitcoin is guaranteed to bring great profits because it's built to have no inflation?

I'm not saying the people who invented Bitcoin made it a ponzi but I'm pretty sure some people holding huge amounts of Bitcoins were going around the internet advertising Bitcoin to drive the price up and cash in. IMHO that makes the current bubble some kind of "decentralized ponzi".

Good thing about this is that the insane price has caused some of the hoarders to give up their Bitcoins but I fear that even if this widened the Bitcoin ownerbase it has also created a lot of distrust in Bitcoin and it will slow down the actual process of stores and services adopting Bitcoin as currency.

Yeah, I understand that but I see Bitcoin as evolutionary, not revolutionary thing. People seeing it as revolutionary were those who thought exponential deflation was normal when no actual Bitcoin using stores or services were added at significant rate.

Evolution takes time and I think Bitcoin needs that time to become something that can be really used. It might be years or even a decade but I think slow deflation based on how many services and goods using Bitcoin are available is healthier than what were are seeing now.

I hope that greed won't be the tombstone of Bitcoin.

I thought the main idea of Bitcoin was liberty from regulation. I think the forums should reflect that. Most of us are mature enough to ignore pure trolls and make distinction between troll and honest poster.

I followed Finlands largest ponzi scheme ($100M) fall apart a bit over three years ago and this current "bubble" and crash have similar characteristics to that. First people were like this is going to turn the world economy around and produce infinite amount of profits to those who took part in it. When the crash began they went in complete denial which seems to be happening to some people on these forums too.

I'm not saying Bitcoin is a ponzi scheme, I really like the ideological reasoning behind it, but the $30 bubble was a ponzi scheme. The price was kept up and profits were paid only by money brought in by new comers and true believers. Some people (like myself) cashed in and the bubble began to burst.

Bitcoin should be valued based on how usable it is, how much stuff you can buy it with now, not by speculation of how much profit in USD you can earn by investing in Bitcoin. Value should increase only when more Bitcoin accepting stores and services are founded and when more people start to trade goods for Bitcoins.

This 50 post limit is pretty clear attempt at curbing the discussion about "Bitcoin bubble" in Economics and Bitcoin Discussion boards.

Very classy move to label people who think the current USD value of Bitcoin is a bubble as trolls...

Good luck trying to keep the ponzi going. If Bitcoin manages to rise back up to $30 soon I'll buy some HD5770/58xx cards to build a mining rig and cash in.

Currently there's no real economy built around Bitcoin. Bitcoin value is purely based on speculation and it has become a ponzi scheme. New investors pay the profits of miners and early adopters. If new investors stopped investing in Bitcoin the price in $ would drop like a stone. "Worth" of all existing Bitcoins got up to $200M before this price drop occured.

Now ask yourself how can Bitcoins be worth $200M when there's maybe couple a million $ worth of stuff that you can actually buy using Bitcoin? Why do people invest in Bitcoin? To actually use them or to get rich quick?

$10 Bitcoin is still a massive bubble, it should crash to around $1 or less to be on solid ground. This would drive most of the speculators out and stabilize the currency a bit.

Maybe Phoenix would rise from the ashes.

I'll check back when I wake up, it's over 2AM here in Finland.

So I'm new to BitCoin and I though about contributing something to the BitCoin economy. I'm trying to sell something and then buy something to see if BitCoin actually works for these kind of transactions and if the economy has any potential.

The game is indie western multiplayer shooter and I have 2 extra copies of it from 4-pack:
http://store.steampowered.com/app/42120/
http://www.metacritic.com/game/pc/lead-and-gold-gangs-of-the-wild-west

The standard price of the game is 8.99€ in EU and $9.99 in US so I think asking 10 BTC for each copy isn't too much.

If you feel the price is too high offer something less and I'll consider it!