It always does. I wonder if we will rub it in their bear noses if it turns our way.

I was kind of expecting this today:



Where's tarmi, hdbuck and sky[vly?]?

No problem. I doubt it will get better.

He's not a troll, he's just upset because he missed out on the last bubbles. And to justify himself he's setting himself up to miss out on the next bull market.

Yes, oblivion. Because Bitcoin is a mirage. It's a plaything for day traders. Who could possibly consider it a serious investment?

 http://www.coindesk.com/state-of-bitcoin-q1-2015-record-investment-buoys-ecosystem/

I see you've been a linux user since Red Hat 4 in 97. This is the kind of reply that made me temporarily jump off the linux boat in 97. Instead of complaining of how stupid I am it would be nice if you could explain if these rare instances leads to skewed rewards. You can see on the list the 190PH is the odd one out. Did those who didn't get to submit shares within that 1s miss out?

The argument for PoS is flawed. The miner centralization issue is not as cut and dry as it is made to appear. If a pool doesn't manage its imagined power responsibly the miners will flee quite quickly. The security is really maintained by thousands, not 5 or 6 entities as proposed by PoS advocates. And these are thousands who know where their responsibility lie. That someone owns a lot of coins of something doesn't mean that he/she is dedicated to maintaining the networks integrity. Not to mention the risk of the network being hijacked by a large entity in a price slump. If you need physical HW in place at least you know there is a physical limit to how quickly/cheaply power can shift.

Sure, but most people don't use remittance services.

One market where bitcoin could take off is payments for digital content. Most parents would not feel comfortable with their childrens GooglePlay account or iTunes account being linked to their credit card. Yet, kids hardly buy toys any more. Toy shops are as rare as record shops nowadays. Kids want tablets and gaming consoles. And they want content for those.
Paypal/Braintree is already opening up bitcoin payments for digital content. Microsoft US allows you to fill up your account with BTC for digital content. Eventually Apple and Google will follow. Soon parents will be able to pay part of the kids allowance in btc, either directly to a service of their choosing, or to a bitcoin wallet where the kids can choose themselves which ecosystem they want to squirt their money into. That might sound like peanuts, but if you do the math that's a substantial market.

Convincing regular adults in rich countries to use BTC rather than VISA/Mastercard is a uphill battle. First of all, it will be quite a while before the price of Bitcoin is such that most people would be comfortable with using it. Second, very few shops charge extra for card use. They can save a lot more by having better flow and fewer employees due to card use. Just think back to the 80s when everyone paid cash. Cashiers even packed your shopping bag while you were fumbling around to find that one coin you knew was in there, so you wouldn't have to break a hundred note. Not to mention that people are a bit sentimental about money. Scandinavian countries can't even convince their people to use the euro.

However, if ApplePay starts accepting BTC I have this feeling that people would love to flash their shiny new golden iPhone every time they paid, and perhaps they would be more comfortable with filling that account with BTC rather than leaving that last bit of their life in apples hands as well.

Ok, tired now. Must go to bed. Guessing you will read this in the morning anyway. Good night!

That's probably dreamspark dumping some shitcoins

Don't say that!

I was just now looking at jan 7 to jan 13 on finex and comparing them to april 6 to april 10.

I think it will be ok if we just don't talk about it.

I saw that. It's just hard to grasp the future scope of this technology at the moment.
I remember I got a bit fed up with the linux community in the 90s because, well they were quite rude to newbies, but mainly because they genuinely thought they were going to take over the desktop market with their unpolished glitchy GUI and people would just have to educate themselves in how to use terminal, cause that was the best way to do things(?!?!?!). I thought they had lost the plot.
But behind the scenes people started running apache on outdated machines on linux with great success. Any problem was quickly addressed by enthusiasts who liked to show off their programming skills, and by the end of the 90s much of the internet ran on linux. Now almost all of the internet runs on linux.
That's the kind of development I expect from bitcoin. Yes, some "normal" people will adopt it because they have needs or interests which makes Bitcoin worth the effort, or they are simply enthusiast nutters. But much of the big movements will be behind the scenes, smoothing out the speed bumps and lowering costs for financial institutions and large corporations.

But do we know if it affects payouts in these cases?

It will, it will. I can't imagine anything else. If 5% of the developments in the Bitcoin ecosystem from 2014 catches on, we will be riding the wave past $1000 soon. These chart-nosing day traders forget that there is some really valuable utility backing up the price. And a security network unlike anything ever thought of before.

"....bitcoin miners now have 13,000 times more combined number-crunching power than the world’s 500 biggest supercomputers." - The Economist.

This mofo will take off, big time.

Skål!!!

Skål tilbake! Så får vi håpe skuta snur snart!

LOL, I checked what I wrote last time!

Flowers are purdy, flowers are purdy, flowers are purdy, etc

No. With my "extensive" knowledge of the market, brevity is key.

If he dumped his coins in a bull run, the worst thing that could happen is that we drop down to $250 for awhile. Those coins wouldn't be a concern, people would track him down and take pictures of him in his yacht with them hoes.. nothing more. Bitcoin doesn't need the myth anymore.