Bitcoin exchanges are open 24/7 which is another great benefit for bitcoins.

Wish you a happy EASTER TRADING.

Perhaps you will find an easter egg among the bitcoins :-)

More seriously, I am going to spread the word on weekend trading to some traders as some of them can't live an hour without trading.

[Just observed that in the past 24 hours, we have 7,149,570.84]

Just observed that in the past 24 hours, we have

7,149,570.84

Bitcoins sent.

Is this the highest ever? Are there individual big chucnks of BTC sent around? IS Satoshi active again :-)  ??

All,

as you observe, despite press coverage, bitcoin is on a decline (yes, exchange rates are not everything, but trust me this is crucial. If there won't be a continuous fund inflow into the bitcoin economy, the entire Bitcoin project may crash big time)

This is a negative spiral.

1. BTC exchange rates drop
2. Investors shy away
3. BTC exchange rate drops more
4. Miners are not profitable any more. They start selling
5. BTC exchange rate drops more..
6. BTC/USD soon will be where it started
7. Press coverage announces the death of this "geek" idea..
8. Maybe bitcoin can get up on its feet again,. but it is very tough after a big crash

This is not meant negative, but positive:

WE NEED PEOPLE DRIVING the BITCOIN project forward properly. And not only look at their own profit or debate hours in the forum about minor things.

They should (re)invest part of their income into MARKETING of bitcoins, CREATING new businesses, etc. in a much more sincere way. I know some people are doing this in a great way already, but it seems it is only a handful.

For instance, a professional operated and marketed exchange is one element that is desperately needed. An exchange that can handle big volumes and can be trusted by investors.

https://www.privacyfoundation.de/verein/spenden/

[bitcoin trading remains one of the most profitable areas globally+ the compounded average monthly grwoth rate of BTC/USD is a whopping +70%+ BTC/USD are up + 31323% since May 2010.+ there is quite some volatility to use in trading]

Hi Everyone (and specifically those who are trading bitcoins),

unfortunately trading has slowed down lately.

At the same time, bitcoin trading remains one of the most profitable areas globally

+ the compounded average monthly grwoth rate of BTC/USD is a whopping +70%
+ BTC/USD are up + 31323% since May 2010.
+ there is quite some volatility to use in trading


I am wondering whether we should not start a trading competition and award the best traders (the ones who make the  highest percentage gain in 1 month, 6 months, etc.)

The only question remains how to track it and prove it for the participants, but with all the coding experts in the forum, this should not be a problem..?

In our efforts to grow the bitcoin idea, it would be useful to show laymen that Bitcoins are the best investment vs. most other financial instruments.
To show that effectively, comparative charts of BTC / USD vs. Gold, Silver, DJI, other commodities would  be brilliant.

Who has the technical capability to add this into some existing bitcoincharts sites?

thanks for leting me know.

I would like to add this perspective ideally regularly into my Bitcoin Analyses

Thanksgiving is a huge event, and statistics show thta people are shopping a LOT (black friday but also beyond) and people spend a lot of time on the internet.

Shouln'd we get something BIG out in the next 48 hours?

If yes, what?
* advertising
* tell-a-friend
* shop ~insert prodict~ & get 10 BTC for free :-)
* articles
* etc

[as I love so much the Bitcoin idea - will only accept bitcoins as payment.]

All,

as some of you have experienced, I cover BTC/USD in the trading discussion and also on MtGox blog, and I will continue to do so.

Since I have been successfully analyzing key financial markets over the past 12 years, I am extending my service now to the following financial instruments and  - as I love so much the Bitcoin idea - will only accept bitcoins as payment.

• Gold

• Silver

• DJI

• Nasdaq 100

• EUR/USD

• USD index (DXY)

Time horizon is not intraday, but rather days, weeks and months. I will respond to your request within 48h, unless stated otherwise.

Once I have answered 20 requests per week, I will close the consultancy in the respective week.

Examples of requests can be as follows:
* How do you see Gold in USD developing over the next 4 weeks, (or 7 days, 2 months)
* I am trading DJI. What is your recommendation (long/short) over the next 7 days? What are possible entry and exit points?
etc.

Buy low and sell high!
 

This is to start a regular weekly poll for BTC bulls and bear sentiment.

I would very much appreciate your help on the question:

What is the most efficient and fastest way to buy Liberty Reserve USD?

I read some comments in different threads but can't figure out what the conclusion is.

thanks

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[We can have a decentralized "currency", but we can not be effective when we don't work more centralized and structured]

All,

coming back from "normal work" and reflecting a bit in the car about BTC, I'd like to share my thinking with you:

Most successful businesses are build around strong people who work effectively in an organization. You have to have: 1) A compelling idea and business model, 2) Strong , intelligent leaders and 3) an organization and processes to enable them to achieve the maximum. (I personally have some experience since I am running a 350 $MM+ revenue business, and profitably)

When applying this to BTC's we have 1) and 2) already. 1) We have a strong BTC idea and a unique P2P model. 2) I see a lot of intelligent people here, both businesswise and technically.

What is missing is the effective organizational structure.

We can have a decentralized "currency", but we can not be effective when we don't work more centralized and structured.

Let me you you some examples:
* Letter to the CCC. A lot of comments in the thread, but it started 2 weeks ago and we still have not done anything.
* Global Exchanges are halted because of a handful of idiots (fraudulent scammers) and the system is still down ... since 2 weeks already
* I could go on forever.  But this should not create negative spirit. There are so many great people and ideas here, but without some kind of simple but effective structure we won't get far.

And we should avoid this.

Proposal:
1) People volunteer to take an active leadership role
2) This should be spread about the key functions needed (business, technical, ..)
3) We set up a voting system to elect the leadership council
4) The leadership council actively drives good ideas forward, deselects less promising ones, etc.

What think?

currently at 999, we will soon be able to celebrate the 1000th member in this bitcoin forum .

Great progress !

http://www.marketwatch.com/story/the-fed-is-dead-maybe-by-2012-2010-10-05

How can one safely transfer money to Btex?
Does one have to have RUB first or can this be done in USD or EUR or CHF?

I opened an account but the explaination on the page was not clear to me. It seems it only works from Russian Bank Accounts.

Hi an alle die lieber Deutsch sprechen, oder Englisch nicht so perfekt sprechen koennen oder wollen :-)

Hier in diesem Forum koennen wir sicherstellen dass wir 1) Bitcoin weiter vorwaertsbringen und verbreiten und 2) diesen Leuten eine moeglichkeit geben dies in Deutsch zu tun.


Nichtsdestotrotz werde ich meistens weiterhin im Englischen Forum schreiben.

Bitcoins are back in Rally mode!

This is evident in many areas

* BTC / USD exchange rate is rallying (mtgox.com)
* Number of businesses accepting BTC are rising
* Number of forum activities are increasing

All people in the "bitcoin team" did a great job.


Lets continue!

what could be the reason behind this?
More than 10% of total bitcoins are exchanged / sent or received over the past 24h hours

it feels to me that judgementally most people interested in bitcoins are either from north America or Russia .
is this true?
who is from Asia and Europe?
if we don't have global distribution yet this may be an opportunity.

If some of you have contacts in other continents a "tell a friend" movement could be very helpful!

What are your thoughts?

Bitcoiners,

I thought it is a good idea to bring many angles in this forum together, because many of them touch this question:

How to grow the Bitcoin idea and avoid that governments shut it down?

I would like to see some answers / opinions on how to make Bitcoins widespread and more and more valuable, but at the same time do it in a sensible way to avoid that it will be shut down.

Related to this, the founders must have thought about this question, so how did they address this question?