Thank you.

Here, have a cigar.

<Pomp and Circumstance playing in the near background>

Well, fellow newbies, it was lots of fun, I'll look for you again out in the big wide forum world.

Now that I'm graduating, (this is really exhilarating!) do I become a BitCoin God, or merely an Administrator?

10 minutes, one post left on my newbiedom!

@AgonyMint:

I've only read through the first two pages of this post, but I keep wanting to say this.

If you have half the chops you claim, (and I am by no means trying to disparage you), then do what you want.

Build it. If bitcoin really has this fatal flaw that you see, a couple of decades is nothing. While bitcoin has a good head start, P2P things I think are durable. If you build a client that is superior, it might take a while , but it will catch on. Especially if you do it now as opposed to ten years from now.

If your arguments are valid, they'll hold up, and people will use your invention, but only if you make it.

As far as virtual currencies go, there can certainly be more than one. Look at the history of fiat currencies. The world uses several main ones, and dozens of smaller ones.

Quit 'agonizing' over what you see as an inevitable future. There is no such thing. If you really have the ability to do what you say, you owe all of us the duty to do it.

Having spent some hours reading this forum before deciding it was time to join, I'm now working to get my four additional hours and those first five posts.

Now that I'm registered, I find that all I'm doing is trying to learn enough to buy and sell, and that is involving chasing down and reading links all over the web, not so much here.

What I have not been able to find is a good description of how the exchanges work, all that bid, ask stuff, fees and whatever. A link would suffice, it's a lot to ask someone to type out a dissertation when there is most likely a wiki somewhere that I just haven't found.

I hate asking this kind of lazy looking question, but I've got a few posts to burn, so to speak.

Hi everyone!

First post, been reading for some time, just registered, and like lots of newbies, fumbling around to figure out the newbie restrictions and other things.

Need 4 more posts, so I'll save questions for those.