If my math is correct and keep in mind I'm using very vague numbers. In 2030 a little over 19 million Bitcoin will be mined. We'll call it 20 million. At $10k per Bitcoin that's a 200 billion market cap.

I think it's very doable.

British Kentuckian scientists looked at Google trends and have discovered that interest to bitcoins correlates with interest to illegal activity ("Silk Road"), but does not correlate with interest to freedom ("Free Market"). http://www.tandfonline.com/doi/pdf/10.1080/13504851.2014.995359.  That is that drug traders are attracted to bitcoin, but libertarians aren't.

This is strange result and doesn't match with what we can see on the forum. First part can be explained - drug traders are not seen in bitcointalk because they are hiding. But the second part is mystery for me: there is a lot of libertarians on the forum (myself included), so why are we invisible for the scientists?

What are your thoughts on a solution to this issue? Do you believe that there is one?

I agree a little bit about the religion part. Remember the times when the Christians are battling against the Muslims in the so-called "Holy Crusade"? They are fighting for their faith, when in reality they can still be living side by side and respect each other's faith. Utter nonsense in today's standards, but it is written in history. Nowadays, faith is almost set aside as being one of the reasons of a war. The most reasons for a war to break are money, territory, and resources. If you want to survive, you need to have territory and resources, and to accommodate a nation's growing population, you must either reduce the supplies you give to your citizens or you find something in which you can gather more resources to cater your citizen's needs, and that's one of the reasons I can think of why nations turn to war.

But natural resources IS money...

bitcoin is not some magical cure to all of the world's problems. It's silly to even contemplate that bitcoin could bring about world peace.

Money can't make world peace, it's just improving the economy system.


Agree. Peoples are too easily provoked, especially about religion.

Anyone stupid enough to fall for an OVERLY OBVIOUS SCAM like this, actually deserves their bitcoins to get stolen.

Seriously. Use your brain.

LOL  

Is this a new movie? Has anyone watched it yet or any reviews? 
What is the production quality like?
Thanks for the link I will have to check it out later.

UK banks now enable, with most recent IOS apps:
- moving money from bank to bank effectively instantly (no fees).
- move money to a mobile number, using Paym, bank - > mobile number www.paym.co.uk  (I think no fees)
- enable Apple pay sync (no fees)

I find it very hard to see how bitcoin can become further adopted in the UK given these and other advances. Moloch has rumbled, Moloch has delivered. Anyone disagree?

... bitcoin rises to 10,000$, or dollar falls to 10k/coin, however you wanna say it

What is a thoughtful prediction of yours on when you think this day will happen? try to be exact and think of a couple reasons why you think that will be the time to make your post stand out, and at the end of it all I will make a graph of all answers with an averege estimated date.

If no reasons come to mind; you can just pass aslong as you tried and just give out an estimate date.


my guess: 4th march 2016, there is just something beautiful of the thought of it happening after the EU starts to realise what's about to happen with their united currency, the same way it flows downwards like litecoin follows bitcoin, it shall follow $, cny and ruble.

So, China mines 80% of Bitcoins at the moment, right?
Or anyway, 80% of Bitcoins are sold to Yuan.

And they only have some 15 nodes? That's awful, really.

https://getaddr.bitnodes.io/

This could happen.

But I think it lacks the logic.

Why would we have an altcoin if bitcoin can handle it?

And whatever the answer to that questions is...... then why use bitcoin at all? Why not use whichever cryptocurrency can do what we want? Just like I don't need to go through an exchange if I have a gmail account and want to sent an email to someone with an outlook account. There is no reason to make things complicated if its not necessary.

I think there will be one currency because that has benefits over having multiple, and having exchange rates etc to worry about.

I refer to this news just as an example:
http://cointelegraph.com/news/114954/bnp-paribas-to-add-bitcoin-to-currency-fund-within-weeks

I would like to know how exactly a bank can take advantage in a distributed ledger based on the blockchain.

Let's hypothesize that a bank makes its own blockchain.
The bank itself will have to set up nodes for its blockchain?
Because why I, a private citizen, would want to set up a node for the bank?
banks will have a closed system for mining and have a webwallet app for purely customer access to make tx's(but not mine)
For money? But if I work for the bank, I can tamper the ledger at their command, or let somebody do it.
banks wont need petahashes.. they will however have a dozen select machines dispursed around the world that cannot be manipulated from an one location
So it's legitimate to think that their ledger will be private: only bank computers will be able to access it.
banks ledger wont be private.. public viewing like blockchain.info can exist.. but the mining side of it will definetly be private.
But for what?
I can't understand this.
Banks ALREADY have their infrastructure to transmit money.
imagine banks today.. bank branches in every town. ATM's in every 10th retail store. thousands of employee's maintaining all the computer network.. now imagine just 12 mining rigs and a single blockchain.info style web server... thats 1million + computers shortened down to just 15 servers... let alone the man power and building leases that are no longer needed in every town, due to the fact everyone can access their funds from phones and not bank branches
They ALREADY have their IT infrastructure to keep track of how much money a person/company holds by them.
If they build a blockchain, this doesn't mean anybody will value their "coin" in any way.
They will still have to change the currency from country to country.
They will still charge the user for operations (they want to earn money), which is more expensive than Bitcoin, that charges nearly nothing.

The only thing they will have will be a PRIVATE registry, and because it's private, they could change it any time they want, so it won't have any OFFICIAL value at all.
I won't trust that ledger, because it can be reversed and tampered because the bank owns ALL the nodes.

Even when there would be some volunteers to hold a node for bank XXX, they would be suspect.
They could be corruptible, they could take money to tamper the ledger.
It's the fact itself that private banks want to make private ledgers that makes no sense to me.

And as for PUBLIC LEDGERS... we don't need a bank to do that for us: if a thing is useful, people will hold up nodes for it.

So, please, somebody tell me a GOOD SERVICE that a bank can have from a blockchain that will not be supported by the public at all, because I can't find anything of use for them.

I submit that most would not care to read about this, and would not care about it even if they knew.

Before the Internet - mail between individuals was a matter for national post office firms, and they would then hand over and sort out differences at the border if a letter was going to a foreign address.

Today email.... just goes anywhere without being assigned a nationality of having multiple national emails etc..

I strongly think (like the Winklevoss twins) that it is a winner takes all market. If it is not the bitcoin it will be some other.