Why not? A one world currency that is public and traceable? Isn't this what they've always wanted?

LOL you're right, I see it too.

To me this is bullish, NWO world slave currency here we come 

I wish people would read more than just the headlines. It is the Russian ministry of finance who doesn't want to ban Bitcoin but rather the exchange of Bitcoin into rubles. If you want to mine Bitcoin or exchange Bitcoin for goods directly, that would be alright under their suggested regulations. Also you have on the other end the Bank of Russia is receptive to Bitcoin. But before all that look at Putin's stand, he is the Tsar of Russia practically and so far he has been open to the idea of it. What he says goes ultimately.

Until concrete laws are passed it is all bluster. I'm sure you could find quite a few hacks in the 200 branches of the US government who wishes they could ban Bitcoin too.

Don't you love bureaucracy and civil servants?

It's probably not just one thing, it's a combination of many factors, credit card companies and big banks jumping into BTC, China capital controls looming, the Chinese government blessing the use of BTC, the EU's VAT tax decision, the upcoming auction and the fact its the 2 year anniversary of the mega pump. It's like a perfect recipe for another rise.

Well let's be honest, if I wanted to make a 2x profit i'd go back to selling junk on ebay. I'm here for the 100x-200x potential profit in the long-run. People can call it greed, I just call it investing.

LOL people act like Willy was the bot to end all bots.

China has been buying up gold and silver, why not Bitcoin? They may be a dictatorship but they aren't stupid, they want to succeed and become the world power.

I personally just find it hard to believe a communist dictatorship would allow these huge mining farms and unregulated exchanges to operate under their nose with free electricity if they weren't secretly blessing it.

I wouldn't be shocked if the "China ban" fears last year was a deliberate attempt to shake out weak hands in the west.

Also don't think for a second that an authoritarian government can't find some uses in a public ledger...

The statistic I've seem commonly thrown around is there is $241 trillion in combined wealth worldwide.

Also one thing people never consider is Bitcoin doesn't necessarily have to harvest a huge chunk of that wealth to grow, it is literally CREATING a new market of wealth on top of existing ones.

Engrish scam, like IBM would hire these guys. Hasn't this coin been abused enough?

The internet was geeky for 99% of the population too though at one point.

ALL markets are manipulated. You don't think that huge dump on Walmart 2 weeks back wasn't manipulated?

I'm reading the description for Darksilk and it sounds an awful lot like Crave....

That I can definitely agree with, there are alot of legit projects that frankly have trouble making people any money. But another BTC bullrun I think will benefit alts as they did in early 2014.

lol it's not 99.9%, maybe 75-80% but not that high.

Price rise is an advertisement in itself. The willy pump in 2013 is what even got me into Bitcoin in the first place.

I'd barely even heard of Bitcoin until the willy bot and the price rise brought crypto into the headlines. So I thank the willy bot  

Scaling will happen when the demand is there IMO. The Chinese farms may play hardball now but if they see their whole operations at risk of tanking overnight because the number of transactions are rising rapidly, they will concede rather than losing it all.

It is sort of like how telecoms had to be dragged kicking and screaming to upgrade their fiber optic cables with the rise of broadband, it's either evolve or die.

Bitcoin is a bit like the stock market, a $750 billion dollar company like Apple hasn't literally had 750 billion actual dollars invested in it, rather the market "thinks" its worth that. If everyone suddenly decided to jump out of Apple stock tomorrow there wouldn't be 750 billion in money waiting for everyone to get out, many would lose their fortunes overnight.

If one whale came in and bought up $1 billion worth of Bitcoins off the sale walls tonight it would probably skyrocket to a $10-25 billion marketcap overnight if not higher.

Btw the average daily volume for Forex is $5.29 TRILLION so yes in the grand scheme of things a few billion is chump change.

Heh, Zuckerberg wishes Facebook had 103 billion real dollars flowing into it.

We if we keep at the pace of this so-called "natural" aka slow growth it will take 20 years just for Bitcoin to grow to the marketcap of a very small corporation. This is supposed to be world changing technology we're talking about, why do people talk it down like it's worth less than a 2nd rate fast food joint?