Eventually the entire internet will be decentralized, if not under the bitcoin blockchain, under something like maidsafe and the meganet stuff by kim dotcom.

I bought like 10 games back when Steam was issuing the summer discounts. Sometimes I buy some games that I've been looking for a while when they pop up with a good discount. Such is the life of the poor class, you have to wait for those -50% offers to get some new games.

This. And in 100 years 1 BTC will be like the GDP of a small country, so the fees the miners get will be enough even if they get small amounts of satoshis.

Is technically perfectly possible that BTC can run its whole ecosystem under a single BTC due the fact you can divide it as much as you want. So yes, a billonaire could buy most of the stock, drive the price to ridiculous levels, and as long as there is still demand, the market would run without problems. Everyone already in would be millonaires, and those getting in would get satoshis in exchange of their euros. The system still runs.

This dumbass always does the same. He dispersal we the price is going up, and he comes back during a collection screaming "crashing!". If this idiot isn't banned yet it's probably to leave him keep making a self-mockery of himself to portrait the average FUDster.

I can't think of a single person that got rich working "hard". Working hard means putting tons of hours into something repetitive without taking risks. Working smart is not working as many hours and taking risks (previously having researched what you are doing). Of course there always exceptions but that is the general rule.

This money is literally nothing. The 50 million they are getting along the rest of so called "benefits" are useless when your austerity program is way worse than any help they could provide. Greece is headed towards negative grow for a long time and I see no realistic solution.

The fact Satoshi is anonymous benefits Bitcoin. From a clueless person POV it makes it seem mysterious and interesting, and they may start looking at it from there, from a pure curiosity perspective. Also, it's better that there is no "CEO" type of leading figure that the founder would automatically be, being anonymous makes you safe from ad hominens and generally cheap attacks.

Isn't it all a big pyramid hierarchy where the FED is at the top?
Do you really think TPTB would let a new trend of this happening all over the place? Maybe they will let Texas do their thing as a experiment to see what happens, but if more states follow im sure they will somehow intervene.

I've managed to make about BTC but its too tempting to not spend any of it once you start having more than one, so I always end up spending everything i make above 1 BTC. I tend to keep that BTC as the limit of expenses so i never go to 0.

We don't really need any sort of super impossible scenareo for it to happen IMO. All it takes is a couple of whales feeling like they are missing a very obvious boat and getting in causing a huge price surge. Consider that the marketcap of Bitcoin is tiny, it only takes a couple of whales to push the price x10 times what it is now.

I've seen it go from 284 to 277 in a matter of minutes. A correction is happening, we've had pretty nice gains the last weeks. Next stop: ceiling over 300 dollars. Time to stack like there's no tomorrow.

The point with Bitcoin is using it yourself as an individual to be safe against bailouts. Yes, if they stay in the EUR they'll have disposable cash, but you never know when the next danger zone will pop, and it's going to be pretty soon judging by what Tsipras has approved. If you are Greek and you are storing all of your wealth you are either clueless or nuts.

BTC-e is actually based in Bulgaria, which is still part of the EU so there shouldn't be any problems. I think there was a russian based exchange, and thats where people had a lot of doubts depositing money over there.

The quickest way to get BTC without having to register in a exchange is probably localbitcoins.com. Select a seller ideally near you and buy your BTC.
To hold your BTC, for a newbie the blockchain.info wallet is probably the best:

https://www.youtube.com/watch?v=WGDYV1NIhh4

Yes i've heard about this. Never tried it, but it seems it's very slow and archaic. Maidsafe will deprecate Freenet and will be able to deliver everything that Freenet always dreamed with, it will be huge. It's decentralized internet before Kim Dotcom ever thought about it.

If you are extra paranoid about it, your friend would need to meet in person with a Bitcoin seller from Localbitcoins, but real life dealers are limited to a few countries, so if you are in some country where BTC is even mroe obscure than usual, you can't safely convert to USD, if by safely you mean avoiding the banking system.

Most people will never understand why Bitcoin is important, only a small % of people gets it. The thing is, we don't really need them to understand it. Just like people have no idea how internet works, eventually everyone will use it even if they don't know what it really is and how it works, once things start working under the blockchain they will not even realize it.

Selling sub 1K is a big gamble if you are here long term. By 2024-2025 we should be way past that, so anything you can get under that price is overall cheap for a long term investor. People can't think long term and stack up BTC even if they are perceived as expensive now.

I guess this was taken from bitcoinrichlist. There's no way to know who owns who exactly, it's all gross estimates. Of course there will be a lot of addresses with a lot of money, but you cant know if those addresses belong to the same person, if they belong to some sort of exchange or group, if those coins aren't lost forever (lost of people lost hard disks with thousands of coins that they had there stored when they were worthless, and realize they were millionaires but their hard disks were broken). Lots of randomly lost wallets in other random bad-luck events... you cant really tell what's up.