Both of these parties are exactly the same, they're Imperialists ( People who want to expand a military empire ) and government loyalists ( People who are loyal to a government, in this case it seems to be government itself they're loyal to rather than a particular ideology ) these silly tags like 'liberal' and 'conservative' are completely wrong and when you look at what they actually believe in, the context I've seen Americans use 'conservative' and 'liberal' only apply when it comes to social issues like gay rights and so on.

The only differences they have between each other is the way they want to expand their empire and their domestic policy.

They're probably making up bullshit again like they did with the Bitcoin code to distract people from the fact they're incompetent.

Bitcoin appeared on The Daily Show yesterday and got it's own small segment, I don't have a clip unfortunately but I'm sure someone will get one up, 2014/02/27, you can get it off piratebay, he talks about MTGOX a bit and then proceeds to mock them for committing fraud all in one go rather than systematically like long-standing financial organisations do

They were saying this bullshit back when Bitcoin was only around $50 and had tons of trouble pushing the $100 barrier, in fact I think the only things that have changed since then is that they've gotten even more obnoxious and arrogant in the way they attack Bitcoin. I can see exactly why Satoshi never revealed himself, forget all the government stuff and how he could easily become targeted by them for disrupting their paper money monopoly over the world, these guys alone would harass him constantly.

These guys are probably on everyone's ignore list, if they have nothing useful to say about why it's a bad idea, don't bother paying attention because usually they've gone around pissong off everyone else as well and are picking on someone new because everybody else knows to just ignore them.

Don't make a self-moderated thread unless you're using it specifically to organise/categorise useful info like some people are doing because it just makes you look petty.

These people don't know what true trolling is.

I'm torn between:

. Bitcoin is a ponzi scheme

. Bitcoins are like the TULIP MANIA!

Can't make my mind up on them I'm afraid, most comments are made by people who simply haven't done research but these lines are often spoken by people who definitely should know better but they scream it at us like they genuinely believe it.

Disclaimer: Bitcoins aren't a ponzi scheme because the code was and continues to be released to the public open source and they can't be compared to tulips because there's a fixed supply of them and it would be impossible to create more without everybody finding out about it.

I prefer to just let him carry on his stupid assumptions about Bitcoin, they do this kind of thing to us all the time by picking out the worse things about Bitcoin and playing it over and over again so I say we do the same with people like him to point out how stupid people are to attack Bitcoin .

I tend to only get INTJ on those personality polls so I guess I'm that

The winklevoss twins already have a Bitcoin ETF in the works so you aren't wrong, what I will say though is that precisely because Bitcoin has only 21 million coins that it will be much more difficult for people to commit fraud with any kind of fractional reserve system, think about it, coinmarketcap is telling me that there are currently 12,450,125 Bitcoins in circulation at the moment thanks to the blockchain. So if somebody opens up an ETF with more than that we'll know they're faking how much they have for sure, while they could still commit fraud they won't be able to do it on the same scale that they can with paper money.

I believe there have been people who have already tried to fake their trade volume for example in regards to cryptocurrencies, there was a Chinese based exchange I think that did something like that and people though the numbers looked so strange for something that had only just opened they didn't trust it, scarcity and divisibility has many practical uses beyond just trade, you also see people dividing up Bitcoins for testing purposes and so on, I've done it myself because that way you don't end up using a large chunk of money to do testing before you even have the website up and running.

There's also something to consider in regards to the usual tactics central banks try, if they for instance, decided to try and buy out Bitcoin to try and restrict the trade completely, not only I'm sure would community members stop them but also they would be forced to buy it at a higher and higher price because of it's fixed supply, meanwhile they'd have to print more and more dollars completely devaluing their own currency.

I understand where you're coming from and I definitely agree about the idea of pharmaceutical companies and food companies selling me something poisonous or worse, in fact I wish government would focus on basic things like this instead of trying to judge every facet of our lives like they currently do now. I think the reason a lot of people are, I wouldn't say afraid, but extremely sceptical and hateful of government regulation is because the regulators we have just aren't bloody trustworthy.

For an example do you remember when the senate Bitcoin hearings began awhile back? In order to 'fact find' about the currency the first thing the committee did was bring in what must have been two crime based government agencies, a child protection charity and from what I can see maybe one or two people who were actual experts on the subject. This is the kind of shit we're going to be put through all the time if the community actively goes along with the U.S regulations.

it's like a bunch of U.S Ambassadors being assigned to countries they've never actually been to and yes this is actually true.


I agree with most of these points except for 3, I suspect when they introduce regulation as they have done that's when everybody who understands the currency dumps the country

Price: Above $1000

Mainstream Acceptance: I expect more big companies like Overstock to look into accepting Bitcoin, maybe not so many individuals but certainly companies, if we have an even bigger collapse within this timeframe like I think we will though there may be a big drive for people to get into Bitcoin and store their wealth, it all depends on what the global markets will do

Applications: Stuff I suspect we haven't even thought of yet or imagined, ever since Bitcoin I keep getting surprised by what people come up with and actually set up.

http://news.bbcimg.co.uk/media/images/49205000/gif/_49205474_okinawa_us_bases_464.gif

Don't forget they invaded and destroyed Hiroshima with a nuclear bomb in WW2, they pretty much conquered the country even though they obviously like people to think otherwise.

You're going to have to put up a simple explanation of what you mean by 'global mesh communication network' I've seen this theory mentioned before on this forum but I know nothing about networking, is this something similar to a decentralised Tor network or am I completely misunderstanding what it is?

I'm baffled by this as Bitstamp aren't widely known to pull these kind of bullshit manoeuvres but there have been complaints about this sort of thing with people who are from places like Slovakia, what country are you from?

Don't worry! I'm sure they'll enable withdrawals again soon-ish™

UK regulation is actually pretty Bitcoin friendly now, the tax situation is being declared as capital gains and I think they've declared Bitcoins as some sort of asset? You just need to pay capital gains tax here in the UK if you sell Bitcoins and then you're in the clear which is why I want to stay purely with Bitcoin if I can help it otherwise I'd be forced to pay much more income tax instead.

Also, I warned you all about the BBC ages ago, like other news organisations they disable comments pages whenever they feel people might say something opposite to what they want people to think about the story they've written, they know a lot of anti-Bitcoiners are going to rage on the comments page once they find it.

You still have people who refuse to learn how to use computers or how to text or have never played a game, the people who are attacking cryptocurrencies are those same people.

It's from Reuters, unless this is a fake reuters website this story won't be b.s.

For those who don't know Reuters is actually a pretty reputable news/information group, CNBC use their data a lot when they talk about stocks, unless of course MTGOX somehow managed to bribe them into posting this news story in order to give MTGOX customers false hope.

Have no life