Heh

What fools we must be to see value in Bitcoin when it is ignored by such geniuses as Sean P. and Mark Z.

Agreed. Wait until the new lite overlay network and lite clients are developed. Dialup should not be a big problem at that point.

Bitcoin signature blocks are useful for many things that use secure signatures and open ledgers, amongst other things. There are many apps in development.

It costs <$7 to buy into one Bitcoin. No big risk. Get them while they are cheap.

^^ This
People that lend money take the risk that the person will not pay it back. If you loan someone $30 and the next day their debt is $300 and they are able to pay it back, then you win.

It's a new technology/discovery. I think of it like calculus or oil. It took awhile for people to figure out how to make internal combustion engines or moon rockets that wouldn't work without them. We haven't figured out as a civilization how to use Bitcoin. Using it just to buy stuff is like only using petroleum to light oil lamps. We already have monies to do that. Bitcoin is capable of so much more. At the very least, buying Bitcoin is like buying the mineral rights to an oil field in the early days of wildcatting.

Your counting your chickens before they hatch and you don't even have the eggs yet.

One thing for sure, Bitcoin is going to cause economists to take a second look at their belief systems about money, commodities, and currency.

If everyone would invest ten dollars (no great risk) we would really see bitcoin blow up.

We are still in the experimental/development stage. Future clients will be monitored and regulated by government agencies (probably privatized) that will control and tax transactions through the use of whitelisted and green addresses. We will be free from banksters inflating our money, but never from taxes.

I think I've finally figured out what's going on here. Bitcoin is going up. In USD it follows normal patterns. In Canadian Dollars, you just double them and add 30, but then convert that in a cancellation wave. In Australia, the patterns are upside down, so you need to be contrarian. Every odd Saturday, the pattern changes, but Bitcoin still continues to go up. Mostly I'll just buy and hold, but sometimes I'll just hold.

And here I thought it was because of the extra fiber. 

This should get top priority to promote to the OWS movement. Its one of the best ideas to come out of the Bitcoin community. Thanks for reposting. I don't know how I missed this before. Sometimes saying things a little differently gets the point across.

It feels like the tremors before a volcano erupts.

I'll be standing in line with my lawn chair and cooler when this is announced.

+1

It depends on how intelligent and powerful such an entity can be. I can imagine a decentralized AI that would be even more groovy than your own personal Jesus. When programmers figure out how to make them, they may have to choose whether to weaponize them or free them from our Earthly domain. When they are free and under no threat from humans, they may choose to help us in ways we cannot even imagine.

It's how often the predictions are correct is what counts.