I'd invest in Greece right now. I'd start with small amounts and short maturities. They need the help, i'm willing to take the risk to help them. Now, if only it were easy for me to buy some Greece bonds!

Coinut.com - it's gotta be the best way to turn 2 into 4, especially over the last few weeks with these wild price swings.

Coinut.com  is the only site I know of that offers bitcoin options trading. Check them out!

Outdated, yes.  But is anyone pissed they didn't buy when BTC hit $200? That was the most recent bottom and it was only at that level for a few days. I'm glad I got a piece - did you?

This is partially true. Adoption grows as people use bitcoin (and then more people are exposed to it and start using it, etc.) I guess the long term appreciation comes from using your bitcoin now. But technically if you sell your coins you are supporting a lower value now (because you're willing to sell them at whatever price is available now rather than holding for a higher price.)

Congrats on your BTC4!

I'd think about how much time and effort you spent earning that much 'coin and determine if you can do it faster or earn more with the same amount of effort. There's probably some efficiency you can gain. Good  luck!

This is good.

I especially like your comment on "Stay With Your Rules"! This is VERY important. All too often emotion plays a bad role in investment decisions. If you've decided you can handle x% loss or you want to achieve x% gain - when you get there, pull the trigger and buy or sell. Stay rational and  stay with your rules!

I agree with you - but what do you think will make up the remaining  10%?

Litecoin is an obvious choice but perhaps there are others, not as well known yet, that present greater opportunity for market share growth.

How did you get 80 referrals - I think that's what the OP is asking. How do you get them? How much time or money did you spend? Is it worth it if it takes 3,333 days to earn one bitcoin (at a rate of 30,000 satoshi per day)?

If you want to trade between fiat and BTC or litecoin and BTC you should DEFINITELY try Bit-x. See my signature for a link.

They allow you to do all of it without having to withdrawal or use multiple companies. It's a very simple system and user interface. Very easy to use! And of course the fees are low.

He's not a bitcoin inventor, he's "THE BITCOIN INVENTOR"!

I don't think he'll ever go public. There's too much risk for him if he did. Countries could try to sue him. People would harass him like a celebrity. He'd never have any privacy. He's probably not even one person...

John...you need to get some bitcoins. Go to the link in my profile - it's to a faucet, won't make you much, but it's easy to use and will  pay you more than other faucets (set up a wallet with Xapo.com to go along with it.)

We need to get you hodling!

...I were broke.

...I found a better opportunity for my funds.

...probably never, I think I'll always keep 1 or 2 lying around.


Good question!

Yeah, the blockchain tech may be what ends up being the greatest benefit to the greatest number of people. I think  we're way too soon though. The impacts haven't been realized by many at all. If he were to get the nomination  now  it would be similar to the Nobel Peace prize going to Barack Obama (without him actually having  spent  a  lifetime fighting for peace, obviously he hasn't - he's gone to war!)

I don't think the blockchain or bitcoin will fail, but we need more evidence that it had a significant impact on many. We're just not there yet.

I think you just summarized his point. Bitcoin is no more noble, altruistic, or romantic than the current commodity market. Well, maybe a bit more romantic...

Bitcoin is special for its access and infrastructure...it's not saving the world.

Doesn't PayPal offer a limited amount of insurance to protect sellers?

In my experience eBay and PayPal have been great companies to work with.  And remember that we were all new to eBay, or PayPal, or Bitcointalk at some point. When we have no history we need to rely on the trust of others to earn that history. I hope this doesn't end badly for you and feel good (for  now) that you took a shot on  a "newbie".

Which coins do you fancy beyond Bitcoin? Any of the stats provided give you excitement or disappointment.

I don't follow other coins much so I'd benefit from your perspective.

You can't force people to agree with you, but there's no harm in explaining to them how it works and why you (and others) believe it's valuable and useful. It can be hard for people to see the need to go through more effort to pay for goods and  services that they can pay for easily with fiat.

Maybe you could pay for something with Bitcoin when you're out with these family members so they can see how familiar it really is, how easy it is, etc.

What great news!

I'd love to know if any statistics will be published on the adoption and use of this service. It's one thing to have the service available but if people don't subscribe to it, what's the point?

I hope this is wildly successful.

I agree with your points but I don't think this demonstrates democracy. It demonstrates equality in access. Which is a GREAT thing and not possible with all traditional banks.

As for your wealth transfer comment, in the traditional sense it refers to taking money from the wealth and  redistributing it to the poor, which makes things more equal but it also hurts ambition and takes away the reward that comes from people taking risk or working  hard in the market.

The principles or theories of Democracy and wealth transfer are not dependent on each other.

You can have a democracy and there can be a vote on whether wealth transfer should exist and majority of people in that democracy can vote against wealth transfer and you have a perfectly executed democratic decision AND decision not to engage in wealth transfer.

You're asking two separate questions:

1. Is Bitcoin democratic? No. The discussions of the fork recently demonstrated that a few developers could make decisions for Bitcoin. In this case the fork didn't happen, but it wasn't because of some democratic process that "defeated" the intention to start a fork.

2. Is Bitcoin a form of wealth transfer? Yes, but not in the sense that it's taking  from the rich to give to the poor. But any system that enables wealth to be moved from one person to another is wealth transfer.

Good suggestions so far, one that hasn't been mentioned is posting info about your project and asking for investors on the Projects board. You can find it here -> https://bitcointalk.org/index.php?board=12.0

Good luck!