Anyone else feel like one of the bitcoin losers? We hear a lot about all the winners, now including some 15 year old child, but very little on the currency's losers. I got swept up in the mania last November and dared to invest my life saving into purchasing 1 bitcoin, just as it was near peak. That turned out to be a terrible purchase for me as the value dropped since, so bitcoin has only ever lost me money. Anyone else in my boots? I'd still like more bitcoins but going on my past 6 months my confidence and trust in this new currency has been shattered.  

How awesome and plausible is my idea?

It's not about that fact that he could afford a beer on his own, more as a thank you gesture. 

To break the backs of the bankster cartels.

I and millions of others would like to buy Mr Satoshi a beer.

He's not an IT 'pro' if he:

1. failed to take a hdd backup;
2. failed to check what was on a hdd before binning it;
3. failed to physically destroy the hdd before binning it.

Not a 'pro' in any means of the word.

Oh no, like you I think it's fantastic news.

But some people on here clearly expect everything on a plate over-night. 

I posted this yesterday. It was all but scoffed at as insignificant news, nothing to see here.

So there you know.

I fear you are all erotically fantasising.

I believe, and hope, that a lot of development is going on independently in the background, some of which we won't see or hear for a couple more years. After which there will be an explosion of software and applications. Look at how the smartphone and in particular apps exploded forth. It won't happen over night so whatever bit you have should be stored for this future.

Time is a human concept. It represents nothing and it represents everything.

Bit like bitcoin.

Why 21,000,000 bitcoins? Is there a mathematical reason?

And why 10000000 satoshis make up 1 bitcoin?

I'd hold and go about my normal business.

I take it you haven't read the actual article or know much about their business on the islands.

Anyway Rome wasn't built in a day and all that... 

What's the population got to do with it? 

What about the FT is reporting that Alderney is formulating plans to become the first international centre for Bitcoin transactions.

Alderney's finance minister has had discussions with the Royal Mint on licensing a physical coin, and the Treasury (which oversees the Royal Mint) has invited the Alderney team for talks on how a licensing scheme would work.

That good enough for starters?

Where is LTC in all this? As I got more of 'em. 

The FT is reporting that Alderney is formulating plans to become the first international centre for Bitcoin transactions.

Alderney's finance minister has had discussions with the Royal Mint on licensing a physical coin, and the Treasury (which oversees the Royal Mint) has invited the Alderney team for talks on how a licensing scheme would work.

http://www.ft.com/cms/s/0/c61b2ce2-592b-11e3-a7cb-00144feabdc0.html#axzz2m4lANvZX

If this happens what will the recent $1000 barrier breakthrough seem like peanuts?

Thanks for the video links. Much clearer now.

Ok well I guess what I really want to know is how to get my bits onto a physical paper wallet and off blockchain.info. I just want the best easy secure method.

Ok is there a dummies guide anywhere to transferring my bitcoins from blockchain.info into a paper wallet at bitaddress.org? And I mean a really intricate guide anyone with whatever little experience can follow? Such as; Step1. first click here,
Step2. then load up this,
Step3. then blah blah blah...