Why wont it? I imagine that figure will be a conservative estimate if bitcoin is fully embraced by merchjants or the mainstream. If you can spend it in half of the shops on the highstreet and on places like amazon and ebay then I'm sure the actual price will be many multiples of tens of thousands.

I think he just seems an unlikely figurehead because he's from a big business, but he does seem like a bit of a rogue once you read a bit about him. I hadn't actually even heard of overstock or him until they started accepting bitcoin, but I'm a fan of both now though.

I must admit that does make me wonder too. This community would go into meltdown if those coins ever moved. Can you imagine how many threads there would be and the excitement in trying to follow them?

1.6 million is really surprising to me. I must admit I thought they'd barely shift much at all in purchases with bitcoin. I'm glad my scepticism was prioved wrong though. I wish Bryne the best with this and hope that those 10% of coins hes holding really pay dividends in the future.

Yeah the figures seemed exaggerated or off to me. I'm sure bitcoin will one day overtake paypal by a longshot, but I think were a way away yet. We need to have a worldwide celebration when this happens though  .

I agree with this. I don't think we'll have to force a phasing out of paper fiat money but hopefully bitcoin will phase it out on its own. I would love to see governments try desperately to try keep their money in circulation whilst more and more people were ditching it.

Yeah clearly this is not the case. I think this is probably going by the old definition of what money is, but I think it's time for a redefining for the current times. The idea of money is most certainly going to change for the better.

To be honest I can't see it become the reserve currency of the world. The major governments wouldn't let it happen. Maybe they will create their own cryptocurrencies in some fashion, but they'll probably only make it if they have complete control over it, but maybe an actual decent government will use it fairly in the future.

I think its kinda a shame that it's not possible for newcomers to mine now. I would have loved to earn some coins by mining, but I guess that's your reward for getting into bitcoin early. Oh well, at least we can still hope were part of the early adopters on the grand scheme of things.

Nobody is begging them nor does it need their permission, but the powers that be wont just let us use it whilst avoid paying taxes on it. If it's going to be a legitimate currency then it's to be expected that they will try and regulate it.

I think you should be ok to but I believe you can actually move it there yourself.

Is there a list of these sort of games anywhere where you can get paid to play? Is there any you can actually earn some decent money from? I'd imagine it wont be but itd be cool to pass the time and earn some this way.

I thought this was going to be about the 360 second posting error  . You should try ask or look over in the mining section here. I think you'd get a better or quicker response there.

It's nice to see the price rising up steadily without it being spiked up on the back of some good news (or the opposite on the back of some bad).


I think many people don't know or understand what intrinsic value means, plus something not having intrinsic value doesnt mean its worth anyless.

I think bitcoin will save people much money in many industries as well as personally, and maybe even save entire countries from economic collapse caused by banks printing money on their own whim.


I like your thinking and hope you're right.

I know its not easy foe everyone to just buy coins but it's very rare you can actually make anything worthwhile from faucets. You might be ok with the little you earn but I reckon there'll be a point in the future when you wished you hadntve wasted your time and spent it doing something more productive.

I dont think he's either. He's probably just retired from bitcoin and is watching his baby from afar. Maybe from a beach somewhere  . I often wonder if he had other stashes of coins that we don't know about. I'm sure he must have.

I don't think it's hard to buy bitcoin at all and its getting easier all the time. Obviously you should try avoid exchanges that require tedious verification etc, but there are many simple ways to get ahold of coins. You can always easily buy them on the marketplace here.

I agree with him. I also hope the rest of the world realises this at some point. Bitcoin could easily become the internet of our generation. Maybe something will come along that betters bitcoin in some way but i expect itll be built on or around the technology of btc.

As a currency gold is better in every conceivable way, but gold has that worthy intrinsic value. I get the comparison, but I think it's silly comparing them as they're two entirely different things.