What's terrifying is that after the 1000 wall, what's there left to stop BTC?  Nothing!  Sky is the limit 

I actually taught of that too.  Well, for a start, I think the Chinese would be in a good position to make the U.S. their puppet.  In fact, the world is so dependent now on China.

In the meantime, we're seeing news that other part of the world is thinking of creating a new standard money reference, a new reserve, and stop relying on the U.S.  In a sense, I can't stop to see the correlation between that and what happened in the Bitcoin world (remember when the one and only reference was Gox, and now, BitPay and al. joined together and bumped it down as a reference and now using a combination of other exchanges).

I think that the Real World would have something to learn from the Virtual World of crypto-currency.  The line is getting slimmer and slimmer between the two world

Accepted answer!   Indeed, that make sense...

Big movement in the last few minutes...  Almost 160 now!

Hoooooooold...  for the longest time

Well, of course, I don't wish for a violent crash, but at least a good setback.  Something that will say to the American government and their banks that they can't invent money out of the blue, that they can't go on a party and not care about their actions, that they can't go without thinking of future generations.  Something that will make them think "Oh...  Maybe we should stop spending billions for playing God in each and every countries".  Let other people fix their problems and concentrate on their own problems (this, of course, making them realizing that they DO have money problem).

What I would see is:
- Be in default of paying
and
- Get a good depreciation from the major banks.  Say to the world that the U.S. may have problems paying back their debts.  It would be time for China to start collecting the bill for all those dollar-store crap they send to the U.S. "I-O-U"...

Now, with the above scenario, we are left to see what the U.S. will sacrifice...  Would it be on those costly NSA snooping, worldwide wars, etc. or would it be on the back of all the Americans who are giving their sweat everyday?

Well, first thing first, I sincerely do hope that the U.S. finally hit a wall and, like a child, get to learn that there are boundaries in life...  Well, imagine your brother in law borrowing you 20$, then 20$ more, then 100$.  You tell him it's too much, and ask him to pay you back before loaning more money.  But you fear that by asking so, you end up your relationship and fear loosing all you have loaned so far, so you lean him 20$ more...  Well, the U.S. is just that, but with numbers no one can really grasp anymore (let alone some number that only does make sense for a mathematician)...  So, let the world go in tear if that's what it take, but for <insert your divinity's here>'s sake, this must stop.

Ok, rant done, what would happen with Bitcoins in the above scenarios, I see a few options.
- People will invest in BTC, in fear of loosing their 401(k), etc.  That will push price up.
- Gov will speed-up on criminalizing BTC, as they will see it as a fiat sink hole (safe heaven).  That will push price down.

So, what do you think?

My taught of the day, what's worth more?  Think about it?  Some BTC, with it's speculation, price rising and falling, but with well established limits, or something the majority of the mass call "fiat", which have clearly no boundaries, and which if you don't have enough, you just invent more, raise the roofs, as pleased?

- Even a fool with minimum common sense would be able to see that 1 BTC should be worth much more than 1000$.
- But it take a wise to see the irony of valuating BTC with something as futile as fiat.
- The enlighten hope that someday we'll drop fiat altogether for something much more noble as cryptocurrency, which does have hard mathematical limits, and can't be messed with by some high elite minority who decide one day that we need to raise some arbitrary limit here, tweek something there, etc.  in their favor just to evade years and years of misbehaving.

It's a bit paradoxical to see such a hype in China on the 14!  Aren't any numbers with a '4' considered bad luck in China?  (For people who don't know, 'four' sound almost exactly like 'die' or 'death' in Chinese, and hence, considered a bit like or number '13' here!).

Ah, that's one reason...  But it still doesn't explain why the sudden price rise.  Why out of a sudden the volume jumps at BTCChina?

They are living their "hype bubble" like we did earlier this year? 

I may not have looked far enough, but I don't seem to find anything justifying this sudden sharp rise...

Got that too...  But if you changed server, that's normal :-)  You may have to fiddle with the certificates again  

Thanks for the update.  I wanted to make sure here that the site was still legit... and not hacked!

Yup, I originally was tired of 140$, now I'm happy we're there again!  BTC has survived yet another speculative crisis

So, give it a few days, and I'll be tired of that 140$ again

I know this is more to alt-coin forums, but since we're talking Silkroad, I know there's a Litecoin equivalent.  And if it stay up, then I think a lot of people, drug addict, etc. will switch to it.  I see LTC rise coming in!

Doesn't work for me also.  Keep trying to find any hosts.  I think it can't bootstrap.

Indeed... and at my local BTC dealer (caVirtex ) the price is at around 128$ and holding...

Well, almost 2 days now, we stagnate at 140$.  There's a jump once in a while to 145, and then it get all the way down to 140$.  It is as if someone is trying to control the price.

The point is that if it does that for too long, who will want to buy?  Each time there's an incentive for price to go up, it's a dead shot in the water...

Yup, not quite the exact number you said, but sure enough, sadly, you are right

Right now it's pretty much stagnate at 140$... 

Just a question, is this supposed to be a thread about Gox tracking?  Please come back to the thread topic...

Not working since yesterday.  Been in and out for the last week or 2.  pool80...