It's like February and March all over again.

We'll truly be past the April highs when we post a daily low above $266. Even better will be a weekly low.

No, there is no country in the world where a traditional business can safely issue a convertible USD token.

In the future the infrastructure will be in place such that a non-traditional, P2P system for doing this can operate.

I just added those a few days ago because someone else asked for them a few posts up.

Personally, I'd vote in a poll where I specified the logarithmic range of my holdings long before I'd consider giving out the exact value, like some other threads ask for...

Why not create a poll here asking readers which of the brackets they fall into?

The only problem is it doesn't work for people who can't make friends.

1) Have trustworthy friends.
2) Make sure some of them reside on different continents than you.
3) Keep your savings in an m-of-n output, where the cooperation of one or more of your friends is needed to spend them.
4) You are now protected from rubber hose cryptography.

Thursday is a popular day for crashes. One seventh of all crashes happen on a Thursday.

Your watch must be faulty.

By describing that way it sounds like the people are less interested in the presence of the EU as much as they are interested in the absence of the national governments.

Imagine a Bitcoin-related business that operates at a loss for two years, and becomes profitable on the third.
.
Unfortunately, right before the third tax accounting period ends, the business is hacked and loses a significant portion of their bitcoins.

Fortunately they have enough left to pay creditors and return customer funds, but all their profit and working capital is gone.

I guess they'd just have to give up, close the business, and try again.

The NSA has no need to put a backdoor in SHA-256 when all they need to do is backdoor the developers.



For the most part, the primary developers all:

• are married
• have children
• have established careers with companies or academic institutions which are not easy to replace

Those three things are notable because those characteristics make them more vulnerable to extortion and blackmail than they might otherwise be.

Backdooring SHA-256 is presumably difficult.

On the other hand, threatening a core developer or two until they play ball is easy. Then their handlers just need to tell them to backdoor bitcoin in two steps:

First, build a trackable alternative to Bitcoin's most troublesome (from the NSA's perspective) features, such as the ability to send funds to an arbitrary public key.

Next, deprecate and remove the old function so that users no longer have the ability to avoid tracking.

Armory won't need the Satoshi client forever. If it's not already possible to make Armory worth with btcd it will be soon.

Just don't use Bitcoin-Qt. Armory is a better wallet client anyway.

"Will someone help me design a better slave restraint system? Things have been working out well for a while, but ever since this neighbouring town opened up that doesn't recognize slavery a lot of mine are escaping. This is getting to be a problem for plantation operations, so I need someone to help me build stronger restraints. All help is appreciated."

Using inflation to boost consumption is like using cocaine to boost work productivity. The negative effects of coming down off a cocaine high is only a problem for someone who gets high on cocaine in the first place.

The "negative feedback" that economists worry about only happens because consumption had previously been pumped up to unsustainably high levels. When you stop trying to centrally plan the economy, especially by tampering with the money supply, then you don't have to worry about the negative side effects that central planning causes.

The lesson that current events have been trying to teach us since 2008 is that entrusting funds is a dangerous activity, one the cryptocurrencies should make obsolete.

The United States is not the world.

Anyone who starts out a thread asking people not to troll is trolling.