This obtuseness is not working when coin's ico surpasses 3000 btc lol. 0.002 is so far beyond reality... and is only your silly personal metrics.


This seems to me quite fair. I suppose price will go even much lower.

How can this be russians, if TS is 100% chinese and in great negotiations with bter? This is the first ico launched on bter for the months if not year.

 There is no XRP vs Bitcoin because you're comparing something designed to be a currency to something not designed to be a currency. Granted, you could USE it as a currency, but I could also go grab the apples from my fridge and use them as currency as well.
Please stop all the "ZOMG ripple is pre-mined rabble rabble rabble!" because it wasn't "mined." That's like saying "The post office made the stamps before I had a chance to buy them."

Hehe, yes. It's just a whale play, because a payment system with this liquidity = complete rubbish. Say you want to transfer a 3million USD via bitcoin, buying/selling that small of a volume will destroy most exchanges.

of course

There seems to be a time lapse when Bitcoin goes up the alt coins eventually also go up, but it takes some time. You can't always rely on this though.

More and more countries entering into direct currency trade with China. It's because they realize the US Dollar (it's actually the Federal Reserve Note) will soon become confetti. If you still want to sell things, watch the big hands at the table.

Basically when you look at a crisis, all you can do is tell what happened, but it becomes very hard to explain why the people, at that time, decided to take those decisions. Often, those crisis are not human made, they just result from a certain combination of involuntary mistakes and lack of communication between the concerned parties.

They are a bit disappointed since they are forced to do a job that essentially consists of serially confiscating peoples freedom. Soon police sergeants will start to complain to detained people how hard they life is and give them freedom.

When you actually visit a bank (instead of simply using online banking) you do that for reasons that don't even apply to the Bitcoin world.
This chart is witless fanboyism.

life on bitcoin lol they are making money on marketing creating t-shirts from cheap cloth and use a miserable dye to print that logos in a fashion of australopithecus

While it has value, invest in commodities that would sky rocket in price/value in such a scenario,e.g. seeds, medicine, non perishable food stuffs of all varieties (preferable 'clean', because hey, if you need it, you'd better be getting as much 'punch' per bite as possible), tools, weapons, and of course, gold and silver, but i'd have to say silver more so as it has, historically, always increased an order of magnitude in value over gold in the same time frame.

I hate to be this blunt, but honestly the general problem of non-digital natives will be solved over time as the people who aren't comfortable with technology get old and die.

In the specific case of Bitcoin, the factor you've left out of your analysis is that fiat currencies around the world are in the process of committing suicide.

If our grandparents can figure out how to use Facebook just because they want to see everyone's pictures then they can figure out how to use Bitcoin as their financial survival increasingly depends on it.

The woman I used to share an office with when I first started at my job would come in at 10:30am, complain about how she had nothing to do (when, in reality, she had a lot to do), and proceeded to leave at 2:30pm, claiming, "I'll just work from home the rest of the day".
She also napped at her desk, walked around barefoot, watched movies, talked to her friends loudly on the phone, fell asleep in meetings, and often took naps in her car.

So basically banking is just a residual effect of legislation which was designed to stop the capital flight in 2008.... Nothing specifically todo with bitcoin.

Whenever the value of those coins in my possession goes down from the initial value, I will be asked to provide additional margin. This is typically done daily. If I can't provide the additional margin, the broker can liquidate my positions. This is how it's typically done in wall street. And don't see why we can't do the same here.

Bitcon simply has the 'features' required. I think its more a matter of when society is ready for something like it, this bicoin crypto tech offers a true opportunity away from centralization. I made a more humorous post around similar thoughts.  http://servanlog.blogspot.com/... Also the loss issue you point out with a paper equivalent is still present with bitcoin. If people loose a wallet or  their key in some way , those bitcoins and gone forever. But thats ok as they are not sitting anywhere in the physical world to be seen and claimed, i dont think anyone would ever know there is no owner to those lost coins, but there will forever be a growing proportion of the final 21million coins issued that is 'lost'.

in the last couple of months BTC are floating between 300 to 500$ and this gap will become thinner and thinner. Now it's like 2011~2012, I think the price will stuck at daily 200 SMA.

If more than one server could process a transaction, what stops two of them from doing it? I thought that OT solved the double spend problem by having one and only one entity that could validate a given token.

mine increased in spikes up to 1000% comparing to 2010 and now is being pretty volatile