I don't think it's "build it and they will come".

It's the real deal. We even have a mystery founder. 

So far, they're talking about Romney and not bitcoin.

Hey, I thought we're all about financial privacy?

Sometime, I believe this is all just a coincidence.

When something bad happens and the price rose, the bad things got attributed for the price spike. When something good happens, and the price declines, the good things got attributed for the price correction too.

Moral of the story? Sometime the bitcoin price just wants to spike for no other reason to screw with us. 

So, um, I been writing lot of random stuff on http://kibabase.com/articles/notes-and-thoughts for a while. I still haven't really promote it to anyone for feedback.

The grammar is not top notch but I hope you find something of interest. Good or bad feedback, gimme! As long they're constructive, I'll take them into consideration. If you want to just criticize my grammar, that's fine.

Take note that those random stuff are just random stuff waiting to be developed into a complete essay or integrated into other piece of random stuff. Let me know what you find promising and what you find stupid.

They will keep saying it's a scam years after years until they realize that this isn't a scam.

How about you collaborate with http://bitmit.net and other platform services and quantify the economy of bitcoin?

Did the service get updated lately? It seems stagnant.

Please compile statistics from the stories, access the reliability of the stories, then we're talking. Right now, it's just a hypothesis, with strong pointers.

Remember, it is easier to convince a human with a compelling story than it is easy to convince someone with statistics. This is called the "narrative fallacy", a term coined by Nassim Taleb.

Anyway, the purpose of my initial post in this thread is to promote fear inoculation. I hope whenever you guys saw a story in the mainstream media about a massacre, you'll remember my post and knows how overblown it is and tell your parents, your kids, your spouse, your friend, until death statistics become common knowledge that the media will say "this is a novel mass murder incident".

In Bitcoin we trust. All others, bring data.

In other words, citation needed. (to be honest, I should cite my statistics too.)

Here my citation for death stat:

http://www.cdc.gov/nchs/fastats/lcod.htm/

http://www.disastercenter.com/crime/uscrime.htm

The rest is math I entered into google.

There had been a few cases in the media of no-knock raids going wrong. This is a problem with improper police procedure and improper use of force. The ultimate cause is of course, the drug wars, but proximate cause is much easier to address.

I believe all murders are generally included in the statistics, especially concerning the death of everybody. Regardless of your hatred for policemen, your probability of murder is very low compared to your likelihood of dying of heart disease or cancer.

If you want to reduce the rate of unjust murder by policemen, you could start wearing a sousveillance unit and follow the cops wherever you go. That is probably effective, but I am not sure that it is truly effective or the most efficient. If you're looking for efficient, you want the cops to wear a sousveillance system on their job.

Anyway, if you want to reduce your chance of dying, the best place to start is your heart. Research what is necessary to improve your heart's conditions and ways to achieve it. The doctor's advice of eating less and exercise more is the most useless advice ever, no matter how true it is. The problem is not knowledge of what will make you healthy, but in figuring out how to make it a habit so you don't stop exercising six months down the road.

Remember, the media like to focus on disaster porn and disaster porn happens to be rare and novel. Mass shooting don't happens everyday. So turn off your tv and research and make a rational decision.

In 2010, 14,718 individuals are murdered that year, in a population of 300 millions.

The mass shooting in the Aurora movie theater claims 12 lives, the shik temple mass shooting claims 7 lives for the year 2012, ending with a total of 19 lives.

Assuming a conservative 13,000 murders out of a population of 300 millions, that mean 0.0043 percent ~ were murdered. Of that 13000, the mass shootings claim .146915384615 percent.

In 2009 alone, 599,413 people die of heart diseases. Another 567,628 individuals die of cancer. Heart disease and cancers are the biggest killers in the US.

Gun control and gun violence? Maybe you should worry about whether you exercise more and contribute to anti-aging research rather than worry about some kook printing some guns. He can buy guns on the black market and goes on a shooting spree if he want, but that's totally unlikely. Mostly, he's just a harmless kook.

DOES NOT BELONGS HERE!

And somebody still have to build their niches.

Because you need an ecosystem for bitcoin to be successful. You can't just buy bitcoin and expect the ecosystem to grow.

I thought he said a country will adopt bitcoin within 5 years.

The only question is: which country would be so bold as to adopt bitcoin as their official currency?

Investing in coinbase is also betting that bitcoin is going to take off. It's a double bet.

"It's Mathematically IMPOSSIBLE!"


LOLZ!