If everybody would follow all the regulations, then bitcoin would not be bitcoin. They can regulate it as much as they want, people will still find the way.

That actually poses a question if the market is big enough to support many exchanges.

FinCen can go after anybody who is transacting money one way or another. There is nothing new. They are not specifically targeting bitcoin businesses I think.

Fortunately for Jamie, it would not be soon for bitcoin to create a real competition to JP Morgan and likes. First, its like with oil: as long as there is oil, nobody will produce electric cars and let them to dominate the market. Second, all major banks and companies rely on "mums and dads" investors, who are probably very far from investing into bitcoin.

I can't entirely agree that it will last longer then any of us, because many huge innovations have dissappeared or changed in the past. However, I think bitcoin has opened a doorway which will lead to all finances in the future to be completely electronic and instant. We may find in say 20 years that there is hardly any cash used for daily purchases.

I am sceptical. Especially in such country like Venezuela people don't know much about bitcoin.

Now what? Microsoft will buy bitcoin like it bought Skype? :-)

Maybe a year ago it would have been relevant. When public heard about Silk Road and thought that btc is only used by drug dealers. Now, such material shows complete lack of understanding on his part.

Another European bitcoin exchange company provides service in Australia and accepts credit cards via Bpay.
https://fx2day.net/oct-01-2014-btc2day-expands-service-to-australia-accepts-bpay-payments/   

Another interesting article about the use of bitcoin in Australia: http://www.smh.com.au/money/bit-by-bit-bitcoin-is-gaining-currency-20140924-10jfmb.html

The journalists seem to be surprised that you can buy beer with it :-)

I would not be so excited. Majority of people do not know what bitcoin is and if they decide to dodge taxes or regulations, they will do it in some way that does not necessarily involve bitcoin.

I think ultimately every "coin" project has a right to exist and only the time can tell what is scam and what is not.

If this is true and such form exists, its very silly. If the person aswers No, how would someone be able to check if he is telling the truth?

I don't think they need to join. BTC was designed as alternative to banking system. If the banks will join, it will become over-regulated.

I think once there would be more bitcoin ATMs in major cities that will serve as a cash purchasing option.

I think like in many aspects of business or live the 20/80 rule will apply: approximately 80% of traders are mostly losing and only 20% can make a living out of day trading. So, its hard to say if it is profitable or not. For Warren Buffet the investing is very profitable :-) For many others, not so much.

That's an old news. From time to time someone comes up with such predictions, but they don't say when they expect the price to reach that level. I also think it may take 3-5 years, if ever.

I seriously hope bitcoin would not start to suck because of paypal. There are so many merchants who were burned by paypal over the years, that this news makes many people weary.

Greenpeace is happy to accept donation in anything, even in Zimbabwian dollars, I think. 

A very good move, to breach the gap between apple pay and bitcoin.