In 20 years, maybe.

that's not a theory.  it's a fact.

There was a theory floating about that said, using bitpay etc. actually does nothing for the bitcoin community, as it creates selling presure whenever a merchant accepts bitcoin as a means of payment, the btc is converted almost immediately into fiat.

glad to see you're healing up!:

Problem is, there are those who will fall for the scam.................................

It may just be me but “I’m not at liberty to say why" implies something went wrong.

fucking german pussies!

(I'm german, so I'm allowed, right?)

Yes, and interestingly, the square of the number of unique bitcoin addresses used per day has historically tracked the market cap.  

What's a checking account? :p

What's your take on the problem I discuss in my piece about ensuring inevitability of settlement once two orders have been crossed?

i.e. regardless of how assets are represented or issued, my take is that anybody wanting to trade two assets will want certainty that a validly matched order will lead to the assets actually being exchanged on whatever platform they happen to be represented on.

Ultimately, this means those making bids/offers need to relinquish some control at the point they make their bid/offer....  in other words, there needs to be a way for them to be "compelled" to exchange if their order is validly matched. And you can't do that if they have the ability simply to send the asset/coin somewhere else... that freedom has to be relinquished.

Counterparty et al do it through the protocol (and my distaste stems from the pollution of the blockchain but I also accept having app-specific coins is troublesome) - but I don't see any way of achieving something similar with a colored coin system...  unless you're prepared to put your assets into escrow at the time you post your bid/offer.  And that might be fine - but it does require you to trust an identifiable entity rather than "the protocol".

Is this an issue you recognise?  Is it only a problem in theory or are you perhaps arguing there is something in OT that can help here?  (I don't know enough about OT but it's on my to-read list)

On the colored coins systems, there is a decoupling between exchange and settlement.  There is no in-built mechanism that will inevitably lead to an exchange of assets as a result of a successful match on whatever exchange platform is used.

Amen, This is always an option. Infact this is highly recommended .

Does anyone know what led the devs to 10-min block times instead of shorter ones?

Kinda feel the same way, this don't look real to me.  But hell, 7 solid months of a skittish, panicky bear market can begin to make even the most diehard bull feel pessimistic.  So what do I know.  

I'm not here to argue with you..we both believe bitcoin will continue it's epic rise but central banks do not = civilization. If the $ loses support how is the massive gap on their balance sheets going to be filled? Does it make sense for the to all go bankrupt or bid for gold and force their asset column above their liabilities?

I simply don't see Cb's going bust prior to cleansing their balance sheets via a revaluation of gold.

I could be wrong, but I don't think I'm wrong about where the $ is heading..if right, it's in the CB's best interest to increase the worth of their assets column