Even though I affiliate my self with the Republican party (even though I'm more libertarian than anything), both parties do in fact "nudge" people to elect certain candidates, whether it's for the countries favor or not.

Also, it seems people now n' days are more for the "diversification" of the white house more than anything.  People where so ecstatic when Barack came in because he was forever to be known as "the first black man in the white house", that people (mainly democrats) where nearly pissing themselves from excitement.  Now that hype and trend is now over... and feminist all around (who again, are mainly democratic) are looking for a the "first lady president in the white house".  It seems that democrats love to paint a picture of republicans as some "redneck, racist hick" who has no sympathy for people, but when people like Ben Carson comes along who is black (I don't support by the way), they just simply ignore the matter; or if they do delve in on the topic, they are quick to point out that he is an "Uncle Tom" sell out.

Politics are a necessity in life that is just a complete headache... along with a lot of other necessities in life.

This will be inevitably easier now for investors (in the U.S.) to do "legit" investing with the help of Gemini now... Even though I don't necessarily support them, in terms of providing to much personal information; it will help mainstream adoption, and get major investors into the game I think.

Essentially, yeah... that would be a bad sign for bitcoin.  But I would say even if the user base stays the same, and the demand is kept relatively where it's at right now, I would say the price will still go up... because the amount of available coins produced by miners will go down, therefore making it more scarce.

Though, you can't really tell if bitcoin (or any other coin for that matter) will end up being very successful just based on price in fiat.  Even though that is one of the major indicators, that's not necessarily all of the things that indicate success... full nodes being ran, market size, business adoption, etc. etc. the list could go on.

I'm not so sure if this really will necessarily reduce the "excitement" of mining for miners, but it will hurt them for sure.  But that's not to say that they will necessarily stop; they just might start to look elsewhere to move mining farms for cheaper electricity costs, or better ways to improve consumption of energy, like investing in solar energy for example.

But all in all though, there is just simply too much money invested by mining farms for them to just completely stop in general.  I know the basic economics of how a business is maintained and run, and once you go below a certain threshold of incoming currency where the business is steadily losing money, then it's not sustainable any more and the business will have to close... but when a "normal" business closes, they will sell off property, assets, and other things to make money back.  It will be hard for miners to find people to buy a fuck ton of ASIC's and other mining hardware, or at least, I would think so at least... maybe if they sell it at a ridiculously low price.

I guess it's the same when people (older than my generation) look at photos of themselves back in high school in the 70's and think, "Why the fuck did I wear those bell bottom jeans?", and of course, "Mutton Chops with a mullet? Wow, I really looked like a tool, how did I ever come to the conclusion of rocking that look?"

But then we get back to this question... what if it slowly but surely gets to the $1,000+ range again?  Will people just assume that the same bubble was/is formed and automatically cash out?

I've already listened to the whole thing, and he does hint at some new alt coins having the potential to posses better qualities which make it value... but if I heard everything correctly (went to the bathroom for a minute and came back) he didn't mention monero specifically... but he does talk about things like dash, ethereum, ripple, and other things of that nature.

Because until there is any other "reasonable" alternative to run a big developed country such as in the EU or in North America, for example, then there will always be a need for a politician(s) to run the country... a stable country cannot simply live in an anarchist world.

Hey, so what's the current status of eMunie?  Will there be another beta testing coming soon? If so I'd like to participate if I could.

Where is his courses located on Udemy?  I'd personally just like to brush up on my knowledge and see if I fully understand everything that is going on in the current world of bitcoin.  Also, thanks for the link charles... I can see this as a very positive movement for bitcoin.  Hopefully from here on out we will see a steady growth.

Haha, I remember talking to my uncle in 2012 about this before the big spike (stock broker for J.P. Morgan).  He was pretty adamant I didn't buy in or use it because it's "virtual" money, and not "real"... also he brought a point, which I thought was pretty good at the time; he basically said:

So I took his word for granted because he is a very successful stock trader... I didn't get much at the time and just watched as the prices sore through the roof the following year.  Then, after that whole fiasco of rumors that the CEO of bitcoin was arrested; I remember talking to my uncle, in which he told me, "See arn't you happy you didn't invest in such a thing?"  I wanted to tell him no, but I just nodded my head... I knew something was fishy and was probably some kind of ruse...

I should probably trust my self a lot more often and not listen to other people...

Do you just mean the bitcoin halving in general?  The next halving is scheduled to happen this coming up summer in 2016... so there is still time to accumulate as much as you can (or better yet, as much as you can without breaking the bank) before it begins... I would speculate we are going to see a pretty good price increase sometime during spring before all this happens; but with every great pump that happens, there will be a great dump to counteract that... so during that time, just be careful when you buy bitcoin.

Which is the best thing for bitcoin in general... marginal traders love a volatile market to make a quick profit, but if they see that the price is going to rise and fall, at the most, around $6 or so dollars.. then they won't even bother.  This is a very good thing for people who want to see an increase in price that's going to matter in the long run, rather than some pump and dump fiasco as was seen in 2013.

Hey yahoo...

I don't know what's the ETA on the payment like?  I've checked on the site, and looked at last time stars was seen, and he hasn't been active on magical dice since about 3 days ago...

Haha, I was just thinking the same thing... If I lived in Maryland or DC I would definitely do it, but I don't live in those areas in the US...

I don't see how this could be at all profitable for you?  Why do you need this type of stuff?

I thought the devs where pretty set on the big blocks by now, and were just deciding on which proposal to implement, and so forth?  Plus, this recent increase in price hasn't really been that much of a bubble... from about a week ago it's only increased in price by like $10, and continues to steadily increase.  I don't see it as much of a "bubble" like it was in early and late 2013.  Now those bubbles in itself was pure manipulation by Gox.

Yeah, I mean you do have the possibility of getting your private key stolen if you keep your key on your computer somewhere... but that all can be avoided by keeping your private key on a piece of paper, and not clicking on any random links that could pose as phishing attacks.  Other than that, the chances of someone hacking into your wallet are pretty much slim to none.

Ohhhh, shhhhiiiiii...

But seriously tarmi... what is the ultimate reason for your pessimistic views on the value of bitcoin?  You have to have something figured up in your head that gives you a reasoning for your hard views.  If you're so sure that bitcoin is going to tank to $60, then please enlighten us as to why.  Especially since there are more and more businesses and companies accepting, mining, exchanging bitcoins... ?

That would make anyone cringe now thinking back on it... but hopefully with more of the "bullish" news coming out that the Chinese government might make bitcoin less restricted over there, and the fact that the halving is coming next year; we'll see a steady increase from here on out.  So hopefully JayJuanGee can make his money back if he hasn't already dumped his coins yet and holding on to them for better days ahead.

Well I mean it could translate into funding, but remember that these guys who found it are working for a university and not, say, NASA... There might be a bit of funding from the university to do some more research into the matter, but I wouldn't think that they would be throwing millions of dollars toward them at all (not even close to that number probably).

Yep, pretty much this.  The fact that bitcoins will be "more scarce" to the miners and exchange sites, that will make bitcoin more valuable; assuming that the demand for bitcoins will remain the same. 

Consider the Californian Gold Rush for example... when (actual) miners started out, they were finding tons of gold and selling them to make a living.  Since then, the price of gold is a lot more than what the miners of those times were selling their gold for.