me too $6 but then back up to $12

I bet it'll go down after that.

And then back up again afterward. 

All sales added up on bitmart equal around $9,000 in a month.

It has slowed this month though.

I agree that if a small country started to use bitcoins then this would make a big difference. What stops that right now?

Well many small countries with serious money problems also have dire political situations that would prevent this. Lets put those aside.

Next many governments would not want to cede their currency to one they had no control over. After all you can always print more pound notes, or green backs if the economic situation gets bad, but what can you do with bitcoin? Nothing. So A country that already had any control over its finances could not or would not do this.

Lets imagine we have a country wanting to do this. HOW would they do it? First thing is how does the man in the street get coins? Normally introduction of a new currency is go to the bank and exchange iold currency for new one. That could work, but for many people lack of a physical embodiment would be an obstacle. I mean, for us netizens, its great we never look at a piece of paper, and want our money to be the same, but for your average sheep farmer who doesnt have a computer, much less understand the difference between hash and a random number how can it work?

Perhaps we need a physical currency built on bitcoin, as was discussed in these forums some while back. The idea here was that the actual coin contained a sealed hash that could be broken open and redeemed or could be exchanged still sealed. This is, of course exactly the same as a fiat currency, you are relying on the promise on the coin/note that there is a bitcoin behind it. Just like a Uk £5 note which has a promise to pay the bearer on demand the sum of five pounds, once upon a time this was five pounds weight of silver.  Its a bit better than this because the promise can be verified and and "expert" could check if the coins really exist in the bitcoin chain. I'd say your average sheet farmer would be happy with that. But the problem here is that the cost of making the money would be high, would involve new, possibly unproven  and unfamiliar technologies. I mean look at the notes circulating in turkey, libiya or malasia. Some of these are so old and worn to be hardly reconisable.  The physical bitcoin must be tough!!

Is this possible? I do not know.

It's more profitable to buy and sell coins then it is to mine them.You buy at 6-7 dollars that drives the price back up then sell at 11-12 dollars and that drives the price back down and you keep doing it over and over

Buy some SCs with BTC, then when SCs has 100%+ more value, sell them for BTC ;-)

It is a complete lie. We DO know that they likely lost everything in holding, if things were as he'd want them to seem. However, people haven't seen Bitcoins move from their deposit address, when they should have been sent to either the hacker or cold storage. Under no circumstance would it have made sense that they didn't move, unless this was all a hoax to appear like they were hacked so that they could force everyone to remove their funds, allowing them to blend in during the mass-withdrawal to make off with half the coins.

you could try reading the api documentation for liberty reserve, alertpay, etc for security ideas.

I thought Josh was talking about the fact that the only authorization is your IP address:

...

Someone might be able to forge a 'payment sent' request to your user's website by simple spoofing your IP address since it appears there is no authentication or token or anything sent in the POST request itself to prevent a fake payment acknowledgement.

An IP address spoofing explanation is here:
http://www.shaadiya.com/ask/2007/06/15/how-to-spoof-ip-address-hackers-view-and-the-way-to-protect-sites-with-this-fake/

If I could spoof your address I could send fake payment acknowledgements to all your users.

But, I'll be honest, I only took a quick look at your docs and I don't know your system nor have I tried it yet so maybe I'm just blowing smoke out my ass.

But if I'm right, you should probably fix that.

This is EXACTLY the kind of mistake I'm talking about. That service is not providing anything you can't easily do with a bitcoind. And it's opening you up to a HUGE security hole. Don't know that that hole is? Then that is exactly why you should not be using third party solutions.  At least one security hole on this site is easy to identify, but that is not true of most 3rd party sites.  You'll never know all the security liabilities.  With bitcoind you know what you're getting into, and it just isn't that much harder to do a json request then to get a post notification from a 3rd party site.

Tell me why are you trying to avoid using the proper API?  You just don't want to read the manual? Reading the manual and learning how bitcoin works is a small price to pay for the security and reliability it can offer if used properly.