I had more coins back then. It's not like everyone who started using it in 2010/2011 knew that it would be successful. Those who mined had to pay for GPUs and electricity too…
The first people who started using gold or anything else to pay for something had the same advantage (btw.: they're all dead now - and I don't think we'll be here forever). Back then nobody ever imagined that we could ever go to outer space or create virtual currencies.


That's true, if we'd really get to a point where it's 100% hoarded and not being used to pay for products & services I think it would collapse. But we could change it e.g. to 1 BTC = 100,000,000,000 units in case it's not enough

There's also the question if it's worth to start mining it in outer space…

Actually less than 10%…


A government could temporarily 'block' it, but there are even people behind the "Great Firewall of China" using it so they'd have to do it like North Korea (ban almost everything - no internet access for most people)……

Is the whole world a ponzi scheme? Here's why I think yes.

Both banks(FED and ECB) use customer money to fund their bankster wallets. That's a risky scenario in itself.

Is it a ponzi scheme? That's debatable. It might be a sort of ponzi scheme, here's my logic:
1. Old people pay in the first money
2. Young people add more money because of the money the old people already put
3. Bank uses young people dollars to process old people refunds since they already spent the old people's cash.
4. So the result is young people paying for the old ones to get out at no profit. The only difference between that and Bernie Madoff is at least his ponzi scheme made some people money..  

Anonymity = namelessness, but your username is globalvillage. Please tell me more about anonymity and why people should trust 'Merry Makowski' when she's trying to get dirty rich with our bitcoins.

Nope, but I started earlier, because a relationship ended.


There are only a few, because… uhm… we don't sell shoes here? 

classycams.com ?

You should try it with something like 'buy gold' / 'sell gold' vs. 'buy bitcoin' / 'sell bitcoin'

Generic search terms like 'gold', 'silver' and 'dollar' are bad, because there are different ways to use them:

e.g. gold/silver membership, USD / CAD / AUD / NZD / KYD

and 'bitcoin' only could be used by someone who actually 'hates' it

Thanks for the rally Barclays!


I don't know what numbers you are using but I think you forgot 000....  69,970,000,000,000 ($69.97 trillion)

...some central banks are printing much faster now! Could be more like $100,000,000,000,000 for 2013...

You can't say that, because there are currently more people willing to sell BTC below 100 - even if some people are willing to pay 100, 1m or more it doesn't mean that everyone agrees with it (e.g. some miners are probably selling at this price)

Exactly. I asked gribble about it:

@everyone

PM me your bitcoin address if you're having problems with bitcoinfaucet.at - I'll check it.

I had to add some additional checks (so your payment may become invalid even if it says it's valid) due to people using it more than once per 12 hours & using servers / vpn / proxies / simply switching between several ip addresses in their dynamic range.

Maybe this could make your legit payment invalid even when it should work - I'm not sure if I should just allow people to take bitcoins more than once per 12 hours and reduce the amount or add something to verify if a visitor went to bitcoinfaucet.at only once....any suggestions?

btw.: I had to upgrade the hosting for ~EUR 300 and the increasing exchange rate makes it difficult to keep it running - the 0.01 limit has been added because it lowers the tx fees for me and it will be easier for YOU to spend them.

It happened before with verified vs. unverified accounts.

That's difficult at the current exchange rate & with people trying to receive dozens of payments at once + trying to steal your wallet....

Buy some ASICs and decide


Found your problem:

• You're playing SatoshiDICE
• You're playing it with small amounts
• For some reason you're playing it with USD instead of BTC

Let's say I'm the ECB and I'm not THAT stupid, so instead of crashing this market I'm using it to increase my own profits and move it around as I wish, because yes I do have a lot of influence.

Only the markets that are trading Bitcoin could try to detect "unusual behavior" - cause they're managing the accounts, but it's very hard to describe manipulation in a way that everyone agrees with.

Technically everyone who trades "manipulates" the market in some way and why should someone who has $10,000,000 not buy BTC or someone who has 200k BTC keep them? That's just how a market works… of course there might be some people who are making walls to scare other traders, but this only works as long as others are getting scared by this behaviour.

Sell low - buy high (good guy trader)

I replied using my bot: see signature.

Yes, the new wealth distribution could make us even stronger. Imagine someone having 100k when the price of 1 bitcoin buys you a new car.... this could be very bad for everyone.

Edit: Of course not everyone is selling in exchange for government money - I heard there are actually many people spending BTC now.

Let's say someone had 100,000 BTC and doesn't hold a lot of gold/silver or something else - it'd perfectly make sense to push some BTC to other things just in case. Of course Bitcoin is great, but it's not exactly a wise strategy to put everything in Bitcoin (or anything else). The growth rate of Bitcoin is still very high. The situation of the EU isn't too bad: the ECB doesn't print as fast as the FED and Cyprus is like less than what Portland is to the US. The media hype about this could be pushed by banksters to make profits out of it similiar to the "fiscal cliff" thing in the US in January and then suddenly: "oh wait, everything's fine here"....