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1  Bitcoin / Bitcoin Discussion / Re: The future of CryptoCurrencies on: May 24, 2013, 04:34:53 AM
Bitcoin and others are very good investments in my opinion but I have no idea as to how high the price could go. I was suprised to see Bitcoin go from 13$ to almost 150$. Lately I have been more interested in Litecoin. I will check out that coin exchange site. Thanks!
2  Bitcoin / Bitcoin Discussion / Re: The future of CryptoCurrencies on: May 23, 2013, 09:48:22 PM
Thank you! It is a very interesting article. Lots of good information here
3  Bitcoin / Bitcoin Discussion / The future of CryptoCurrencies on: May 23, 2013, 08:28:39 PM
Hello, This is my first post within the general forum area. I am happy to be a part of such an important community. I don't have to convince anyone here of the importance of Crypto-Currencies. I am curious what some people think about the future of these currencies. Do we consider them commodities? I am curious if Bitcoin/Litecoin/Namecoin/etc will ever be traded on an open market much like currency exchanges or NYSE. They are currently traded on an open market but the transfers are limited to payment systems that can be difficult. My question is this: Does anyone believe that Bitcoin will be traded on a massive level alongside other currencies like the Euro, U.S. Dollar, etc? If this happens than Bitcoin could likely become the worlds largest digital currency. However, until Bitcoin can be adapted to large-scale physical dollars or coins they will remain a digital currency. They are obviously much more secure than credit cards and financial market holdings. I hope that Bitcoin can become more of a liquid asset. That would change the game indefinitely. The more liquid the currency the more available it becomes and the transactions become easier. Anyways.... I appreciate anyone's insight into this matter as it will help me decide whether to invest in Bitcoin for the long haul. Thanks!

See you on the other side,

Mahonias Mavrostomos
4  Other / Beginners & Help / New to the forum on: May 22, 2013, 09:41:40 PM
Hello, I am new to the forum. I have been researching Bitcoin for a while. I am not a developer nor a programmer but I have experience in wireless communications and inventing. I have discussed bitcoin and cryptography with programmers for some time. I have learned a lot in the last 6 months but I am still trying to learn more. Crypto-currencies are a fascinating subject. I am fairly strong in mathematics so I can verify the security of such systems. The permutation alone shows how many calculations are needed to break such a system. Anyways... I hope to contribute to the forums as much as possible as well as learn as much as possible. I have several ideas for implementing these systems on a much broader level. I would appreciate any advice possible as to how to navigate the forums and which way would be best for me to contribute. Thanks! See you on the other side...

Mahonias Mavrostomos
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