That's one way to do it and still reap the benefit of Bitcoin's network.  This project is just a wakeup call that we are not thinking big enough when estimating adoption figures.

Another example: Spam-Free Email.  If you had to pay 10 bits (0.00001BTC) to send an email to a spam-free address, spammers would go broke.  Normal users wouldn't be affected as they'd receive about the same amount of BTC as they sent.  This can thus be used to affect send/receive ratios.

https://www.cryptocoinsnews.com/ibm-unveil-bitcoin-blockchain-internet-of-things-proof-concept-ces-2015/

What this means is we've been grossly underestimating the number of potential users of Bitcoin.  We've restricted it so far only to humans, based on old models of non-digital currency.  That is a huge miscalculation.  Now "things" will own Bitcoins as well, and use them to interact with each other.  The number of "things" in the world is massively larger than the number of people.  In terms of Bitcoin price, this is huge.

What this means is we've been grossly underestimating the number of potential users of Bitcoin.  We've restricted it so far only to humans, based on old models of non-digital currency.  That is a huge miscalculation.  Now "things" will own Bitcoins as well, and use them to interact with each other.  The number of "things" in the world is massively larger than the number of people.  In terms of Bitcoin price, this is huge.

http://www.wired.com/2014/11/chip-n-pin-foreign-currency-vulnerability/

Lol.  Watch this be the trigger for the next rally as everyone uses the flaw to pile into Bitcoin.

Huge spike up in Number of Unique Bitcoin Addresses Used Per Day.  New All Time High:
https://blockchain.info/charts/n-unique-addresses?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

The 7-day average of the above shows us moving way up past anything seen in December or March:
https://blockchain.info/charts/n-unique-addresses?showDataPoints=false&timespan=2year&show_header=true&daysAverageString=7&scale=0&address=

New All Time High for 7-day average of Number of Transactions per Day as well, finally exceeding the December numbers today:
https://blockchain.info/charts/n-transactions?showDataPoints=false&timespan=2year&show_header=true&daysAverageString=7&scale=0&address=

This is unfortunate for the people of the United States, who may soon have a more difficult time buying Bitcoin.  U.S. citizens are running out of time to jump on board.

Realise this: If you make public your positions and plans, you can expect others to try to make money at your expense.  Publicly announced stop losses will be hunted and/or frontrun.  Publicly announced points of entry will be hunted and/or frontrun.  Once you find something that works, keep it a secret to help your edge last as long as possible.  Professional traders now act in these markets.  Adapt or die.

Forget selling illegal narcotics.  He should have just held the Bitcoins.

Yes, but the question is one of how to populate your list of nodes when you first start your client.  For those living under tyranny, they need the ability to connect with stealth only to people they know and trust.  This is also known as a dark net.  Nodes that take connections from dark net users and non-dark net users will act to bridge between the two Bitcoin networks.  The Bitcoin dark net is required to allow use of the currency in complete privacy.

Better yet, the Bitcoin client should support a dark net mode.  It currently supports providing a text file of addresses to other Bitcoin nodes.  But it simply adds these to the list of nodes, and still attempts connections to the publicly listed hostnames and IP addresses.  In dark net mode, the Bitcoin client should connect only to the addresses provided by the end-user, and all communications should be encrypted and designed to hide the fact a Bitcoin node is being run.

And... I have a solution.  This Dark Net should work: http://en.wikipedia.org/wiki/Freenet.  It has been operational in China for years now according to the wiki article.  I propose we add support for Dark Nets like Freenet.  In fact, I'd argue these should be the default to help protect novices from their governments.

According to https://en.bitcoin.it/wiki/Satoshi_Client_Node_Discovery, it's apparently relatively simple for China to block it.  There is a list of hostnames to be resolved by DNS and then a list of hard-coded IP addresses.  The hostnames and IP addresses are all listed in the source files, which can be viewed by any government and banned through China's Great Firewall.  We need a method of discovery that cannot be blocked by China's Great Firewall.

Namecoin is a start, but ultimately the IP addresses returned will be blocked by the government if the hostnames are stored in the client's source.  We need something that doesn't use a hard-coded hostname or IP address, and can't be blocked when the algorithm is publicly known.  One example would be trying random IP addresses.  That is grossly inefficient, but would be unblockable.  Let's come up with something better.

So... how does the Bitcoin client find others in the network?  Let's protect that from government interception.

Short again?

Can you describe EW price action further?

You picked the bottom of the correction due to the bullish divergence on volume and MACD?

I mean if you look on a 2-hour chart you see the price up to the first minor consolidation that looks a great deal like the initial rise on the 5-minute chart.  If that's the case we might expect the 2-hour chart to start shooting up again around 10:30pm EDT.  Strap in...

Extending into a 2-hour chart fractal copy of the original shoot up on the 5-minute chart?

That is already priced in to the real price.  We don't need to adjust anything.

Closing a short means buying.  Buy!  Buy!