??

I have had other projects, sorry.

Yeah Most of us in this thread have been goldbugs for years, so it really takes more than that to convince us that our conversion has been wrong

The forums are getting silent also.. I think the scenario for a final capitulation in February/March is in full force.

I think altcoins do not pose a threat to Bitcoin.

If it costs about $100 to make a coin, the benefits from making one quickly approach the said figure.

(Do you start a new coin every day? Try twice per day!)

It is helpful if we totally rid ourselves of fiat as a measurement of value:

The market cap of gold is currently about 1.5-2% of market cap of the world.
That of silver is way less and Bitcoin is still less (0.003%).

When Bitcoin reaches its potential and becomes 10-50% of the market cap of the world (the position that paper sludge is occupying now and metals occupied thousands of years), will gold still be 1.5% of the world?

I think, yes. I see no much reason why not. It will start to be used in more decorative purposes, though, such as the Solomon's Temple which was overlaid with gold.

To uphold the price of gold (or anything), it does not matter if 95% think it is worthless. The rest can happily bid it up, and gold is a prime example of this.

It's becoming true... 

Yeah. The current issue why this is not fully established as the general truth, is the despicable "one man - one vote" system. Bitcoiners should leverage their bitcoin holdings to build an atmosphere of awesomeness around them.

Cool! What is their website?

So that there is no need to listen to interruptive questions. Just live our life to the fullest, research the mysteries of the nature, correct the wrongs of the society and publish everything.

I tried it in a small scale for 4 days again last weekend. It works better than writing in a random forum.

I have been one of the main contributors here, and have probed and found the limits of this forum, like many have done before me and subsequently moved on.

As bitcoin price increases, it is possible to boost your productivity by increasing your time available, and attaching even more capital to it. I have already vacated most of my time, so the next thing to do, is to make it count for more by establishing a physical community with a congress centre in Estonia. This gives much more leverage as hundreds of people will become regular visitors (only a few % of the regulars would reside in the centre at any given time). A university in the original 14th century sense. Or a monastery. Open for everyone who wants to contribute. This is what I have found to be the best move in the situation we're in, and I am ready to call it a supernode or something else if somebody makes up a better name.

We can change the world a lot just by providing an antitestimony to the dominant dullness, and living it. In the age of Internet, others will find out with quite little effort.

It takes probably only 1000 days before bitcoin is at $1M. So if you want to be one of the people who made it, time to join the action!

There is so much to be done, and the rise of bitcoin gives us unprecedented means for doing it. Perhaps never before have freedom-loving people had so much power in their hands.

Nothing in my calculations points that way (for people with less than $50M net worth). Care to share yours?

What in the world needs impacting?

We did not make press releases yet, and the definition is not codified. The basic concept is to acknowledge that we are just reaching the critical mass of bitcoin millionaires who can make an impact to the world in several ways. This impact causes the nonowners to buy, increasing the price and generating more bitcoin millionaires and a virtuous cycle.

The bitcoin millionaires who decide to make bitcoin the center of their business/life are (defined) the supernodes, and they will naturally form a global network. This networked access to the highest integrity, intelligence and talent, combined with limitless capital, will soon be perhaps the most important antitestimony to the current system.

(It seems from the pages above that "supernode" is such a catchy name that it is also being used for something totally different but equally important )

I am happy to tell you that after 75 hours of meeting, the 3 remaining voting delegates decided in the favor of reactivation of the rpietila supernode. We control more than 0.1% of the bitcoins, so this is a quite big supernode. This announcement is very important, but I lack a place where to do it properly. Soon we will establish a web presence incl. forum, and purchase some property to serve as our bases and HQ. Physically we will be based in Estonia and Finland, with operations in Asia.

The General Supernode Meeting dismissed after 75 hours of deliberation. The vote to reactivate the supernode was affirmative 16-7. The first tasks of the supernode: opening headquarters and bases, nominating officials and setting up communications.

No cigars for some time now - see, they don't even cause addiction, like the shigarettes do..

The price, volume and general interest in Bitcoin seem to follow the pattern established with the previous bubble burst. If May-June 2013 is any guide, we would hold these levels still for some time and then drift lower. Then we would start to see dips, followed by recoveries, but always to lower levels. The final capitulation after which we permanently move on to new levels would happen in February-March. The bottom price is anybody's guess. Without news it will be higher than with news.

In other words, nothing has changed in my evaluation from 8.12.2013, except that I regard the main scenario as increasingly likely, the more time we spend in price apathy, low volume, and dwindling interest. For a person who would like to increase position moderately, things look good

Some oldtimers may remember the time when my supernode was active. It was dissolved in May 2013, but I did set the procedure on how to reactivate the supernode and start to do some serious rockin'-the-world. We are having the General Supernode Meeting in Tallinn, Estonia, starting tomorrow. After a few days we will be sufficiently enlightened to decide whether the current powers are sufficient, or whether activation is expedient. (It is also possible that there is a completely different solution.) The reactivation is tied to a matter of purchasing suitable premises, which practically means a castle.

On the other hand, I promised not to start with the Supernode Network before the price hits $1.4. It's ok, it will not be that many months away, and the castles always require repairs before active use... 

I think this is along the same lines as my trading philosophy. Sell when it has popped and is still obviously high. Buy back near the 30WMA. Naturally always have some of the coins in cold storage because of exchange risk.