Idk, I mean he's got a point... Everyone on here is wanting to see mainstream adoption of Bitcoin, but we can't shove this shit into the faces of people not willing to want to adapt because they believe the "new wealthy elite" had an unfair disadvantage over people who didn't adopt early enough. I fear that it all comes down to what government is wanting to do, and if major countries are starting to become more socialist, then when the time comes where Bitcoin is used everywhere instead of fiat, there will be the issue of distributing the wealth. It will inevitably be a question of morality in what the early Bitcoin community wants to do, because it's not like the government can seize our funds out of our banks, because now we are our own bank.

No one said the take over of the USD was going to be easy, and everyone will be hopping on board willingly... There's going to be disputes all long the way.

That looks great! You're doing great work, and while I know that you can make these light weight wallets for desktops and androids, but isn't there some type of barrier that prevents wallets being made for iOS? I thought that they refuse people to put out apps that were iOS wallets that weren't Bitcoin?

I seriously doubt that you are such a whale investor in bitcoins that you can manipulate the price solely by yourself. While I do believe there will be a good amount of resistance at $500, the price is going to inevitably fetch higher prices in the spring of next year because of the halving fiasco that's about to come. So if I were you, I would just wait until then.

Yeah, there is already a "Fedcoin" out there that pretty much says it will be backed on "government" and I think some assets so it remain more stable in price..

https://bitcoinmagazine.com/articles/fedcoin-rising-1424312468

I'm sure there is a lot better information on Fedcoin, but this was one of the first Google search results for it. Governments might try to "challenge" Bitcoin in a way with this alternative, but I don't think a lot of people are going to fall for it. Most people who believe in the government (which isn't much) tend to not really think for themselves and will do whatever they are told. I think the younger generations will be more influential in the world and prevent this when the time comes around when the Feds try to really push Fedcoin as a legit world currency.

I'm pretty sure there is only one address that the real Satoshi has the key for that holds something ridiculous, something around the hundreds of millions of USD in bitcoins... those coins hasn't moved anywhere that I know from my knowledge and they have just remained there stagnant for years. So if the real Satoshi were to want to prove himself, he would sign a message from that address that will indefinitely prove that it is actually him.

You can always get around the fact that banks don't "accept" bitcoins, if you plan on saving your bitcoins to use way down the line in the future.  You can print off a cold storage paper wallet or get some physical bitcoin wallets and continually keep depositing your funds in there, which you can store in a safety deposit box for high security that no one can steal it from you or have something bad to it.  Could be a good option if you don't own something like a really nice safe.

Yep, that is about the most true statement I have read on this thread.  The only thing that I can counter with is that there is already asset backed debit cards that have been available for a while now that converts your bitcoins into fiat up purchasing things IRL, or converts it to fiat upon loading.... but there is always the stigma that YOU yourself should be in full control of your bitcoins and never trusting a third party, which I fully agree.  But like you said, until you are able to pay rent, bills, etc. with bitcoin whenever you want, there won't be the possibility of me solely making an income in Bitcoin because I need to satisfy my basic needs.

I agree, but there are more problems to worry about too, like how much longer can bitcoin provide reliable and somewhat decent transaction speed when more people are getting introduced to bitcoin every day?  If a major country like the US were to fully adopt bitcoin, there would be maxed out blocks all the time and it would take for ever for confirmations to happen.  It's not necessarily a bad thing by any means, as bitcoin can still get the job done... but it just reminds me of dial up internet.  That's the type of speeds we're at right now, and I believe sooner or later we will progress into faster and faster confirmation times that can process tons of transactions per second... technology is exponentially getting better every single day, there's just no denying that.

Europe always tends to lead the way when it comes to new revolutionary type of technologies... Sure, when you think of new technology popping up you think of China and Japan; but the first people to really use it in a way where it becomes a reality always lies in the EU.  I mean, I see that a lot in my job is directed at specific medical procedures, which Europe tends to always study, use, and regulate first to make it viable for hospitals to use regularly as fast as they can, if the technology looks promising to help doctors do their job.  It just seems to me, they tend to be the front runner for this type of stuff often, and doesn't really surprise me that they would be the front runner for mainstream adoption of bitcoin.

Honestly I think there was really only one motive for Craig to try a stunt like this... He was probably feeling insignificant in the tech world and was reading up that the real "Satoshi" was up for the Nobel Peace Prize and other awards.  Scientist, Doctors, or pretty much any academic minded person dreams of winning something like this, that's a fact.  I think his ego got the best of him and felt like he deserved something like this, along with the prize money that came along with it. 

It's hard to fathom what was really going through his mind, but I feel like this is the only legit motive for someone to try something like this, not to mention getting mentioned and talked about by everyone in the tech world.  He craves some kind of attention.

Honestly, the best thing to do is buy a good hardware wallet that keeps your bitcoins safe if your bringing in that much bitcoin in from your service that you provide... but if I may ask, what type of service do you do? I'm more interested, because it's hard to find a niche market like that, and if it's something that only a small group of people can do on here and it's in high demand, then that's awesome! Best of luck in your business.

Yeah, that's how I feel... when I get extra funds in terms of fiat, I usually just put what I can into a little bit of bitcoin and then automatically shapeshift it to XMR to hold in my wallet.  So in that case, I always tend to view monero more in terms of fiat than anything and don't really feel that bad when I see the Bitcoin/XMR price go so low.  It's just all a matter of perspective to me.

Damn, really?  Where do you play black jack online?  If they don't allow you to play how you want too during a tough call like that I would just gamble somewhere else... Or possibly I may just be reading this all wrong...

But I always tend to hit on a 16, but truly depends on what the dealer has.  There is always certain instances and gut feelings you tend to notice, and you just have to follow your gut when playing black jack.

Yeah, this is not anything to really worth getting worked up about.  The fact that more business are cautiously getting in to bitcoin acceptance is a good thing, slow and steady is better than no acceptance.  Plus, it's normal for the EU to be the first to adopt something like this. They are usually the front runners to try something completely new and revolutionary compared to any other country.

I'm not so sure about that. It isn't really an automatic and a done deal that the price is going to increase almost double to $800 just because of the halving. A lot of the price increases from the end of this year and probably to the summer time are all backed on speculation of what other people will do.

Not only that, it's going to be interesting seeing how many miners are going to be getting out of their business when the halving comes because they just can't produce enough hash power for it to be deemed "profitable".

Well I guess we would have to agree and disagree. There is just no way in my mind for a company to use this kind of block chain technology for its own purpose only and be working smoothly with no problems. I think the only crypto who is close to this kind of thing would be ethereum and ripple for being sort of adopted in their block chain tech, which was adopted by Microsoft. Microsoft has made some pretty bad investment choices in the past, so this could be one of them too, even though the Azure cloud data base is still looking pretty promising, even without the block chain backing it and verifying it along the way.

Personally, I would love to start learning more about the Isle of Man from a personal stand point and not just from google searches. Are there anyone who actually lives there right now who want to shed some light about daily life there and why they are there, whether it be for cryptos or other reasons? I'm currently in the process of trying to decide if it would be beneficial for me to move to a place like the Isle of Man.

It isn't very viable for any company, nation, etc. to create their own cryptocoin... there are more people waking up to the disadvantages of the national fiat system that needs to be converted when people do business with people across the world, or travel across the world.  I see this analogy used a lot when talking about nations trying to create their own version of "bitcoin" and makes it very easy to explain my reasoning for why this won't work: nations and companies tried to create their own version of the internet and failed tremendously, these type of technologies that can connect anyone that's on a computer to a person across the world on another computer are to be used as it should be, which is globally.  Bitcoin is that "internet" or "email" that will be used for public transactions to exchange currencies across the world within the confirmation time frame.  We will see bigger and more companies come to this conclusion sooner or later, but as of right now, let's watch as they fail miserably putting way too much resources into trying to develop a blockchain technology which they can use for their nation/company only without using bitcoin.

I have always wondered if the Bitcoin companies that are up and coming are only looking for people to hire are only looking for computer scientists, website designers and marketing/business majors...

For example, I work in the health field and frequent hospitals across the area daily, though in my spare time as a hobby I like to research Bitcoin and other up and coming cryptos that are coming into the market place that innovates the cryptocurrency space.  I have always just said that there will never be an area for me in this field, since most of my education and background goes into biology and biotechnology.  For me, it just seems easier to make my pay check like normal and keep on taking a portion of that and put it into bitcoin like normal... though I have always wondered what it would be like developing certain systems that uses the block chain in biotechnology protocol.  The problem with this, is that there is such a barrier for me to enter a new space like that, so I just tend to keep researching on block chain technologies and the new ones that are being developed, as a way for me to keep formulating theories that I could use to start up my own company in a way.

In short: I think that there is still much space out there for people to get involved with cryptocurrency/cryptography and the block chain... but the way to find your niche based on your background is a lot harder if you're not in the immediately sought out for occupations that bitcoin companies look for.

I just truly believe that there isn't really any shot for these companies to implement a currency or payment service that can use the blockchain technology that bitcoin has, because there will be a need for them to mine and run nodes, which in all reality probably can't compete with the hash rate that bitcoin already has.

It just seems to me that because Bitcoin was the first one to create a public P2P network that anyone can verify at a given time, that it has created a niche that no one else can essentially copy; instead they would have to use bitcoin themselves in order to use a blockchain based currency.