I've had no problems whatsoever with my confirmation times, transactions going on normally. In any case deal with it. We better solve a way to not be affected by this if we want mainstream volume being viable.

It's perfectly possible, respectable individuals like the Xapo founder believe it so as well:

"In a video interview with the Wall Street Journal, Mr. Casares says he’s not worried about bitcoin’s own volatility hampering its adoption – though he expects significant volatility over the next few years. He predicts that in a decade, one bitcoin will be worth somewhere between half a million dollars to one million dollars."

http://blogs.wsj.com/digits/2014/04/02/bitcoin-price-to-1-million/

Of course, the dumb ass average Joes that cannot think outside the box and consider any prediction like that as insane, will never make it. They will always find excuses "Oh he's heavily invested, oh this Bitcoin thing will crash". It's what they want to believe so they don't have the risk of buying and holding, and the ones that already have coins will not be able to resist the urge to sell when we are back to 1K or so. The people that is going to make it big within the next decade are only the 1%, which is what makes such a big price possible, because there will be a massive redistribution of Bitcoins in each bubble-burst cycle.

Im surprised how such dumb posters can be hero members. Did you really spend years here posting and still not learn how you aren't forced to buy 1 entire BTC? you didn't learn how BTC could go to 1 million per coin and still function perfectly because it can be divided as small of an unit as needed? Jesus Chirst. Im not sure if it's sarcasm or not at this point, because I see so many dumb comments like these.

I just looked some minutes ago and it was 274, now it's 276.1 (source preev.com)

It's pretty granted now we'll break 300 this month. Good times ahead.

I always said fiat and Bitcoin are like a ying yang, they complement each other, and BTC will not necessary replace them. What BTC will replace is gold and anything else as the ultimate safe haven from the fiat scam, with its unique features it will render the rest of alternatives useless.

Another clickbait thread
No, this will not happen. Governments will not use a coin that they cannot control. They will probably go back to drachma, print their own money, and end up the same way they started. Governments will never learn, you can only hope individuals learn and start using the objectively superior form of money that Bitcoin is.

I don't really know exactly why people are moving, because they fired who? and why did this person got fired?
Anyway, Reddit always sucked. I never liked the layout. I hated clicking on a "thread" and being directed to a link instead of opening up like on regular forums. The only thing I liked is the easy of creating a new account without any confirmation bullshits.

It's pretty weird that he was able to bruteforce the password in such a long time. How long was your password and did it contain special characters?

It's a self regulated system so if said miner group stops doing their job someone else would do it as they would realize it's profitable for them to do so due the difficulty drop.

60 is enough if you are a single guy, but a family with 4 members or so its a huge problem. I wonder for how long will they keep it like this until mass riots ensue.

Not really, it's a double edged sword. Sure, you get said "dead weight" but your reputation as an institution whose ultimate goal is a solid unity of nations it basically means you fucked up on this core principle. And bad reputation always means bad news economically. We'll see what happens, it seems the NO is winning.

All those old people are of course not going to do it themselves, they would rely on younger people in their families (sons or whatnot) that would help them to do it. The problem is most of young people are totally clueless about economics and dont know what Bitcoin is and why its important. As always, few will make it before it goes mainstream.

As long as we have ways to circunvent about unfair laws its ok.
It was predicted that whats happening would happen as we reach mainstream success, not necessarily a bad thing if we have alternatives and we do.

there's a lot of details left in your post

If you are using core, a newbie doesn't know he has to use a single different address each time if he wants privacy, doesnt know that he may need to mix coins and control his coin output to not mix your own coins for added privacy, doesnt know he needs a wallet.dat everytime he generates a new receiving address... and the list goes on.

This is great news and bad news at the same time. I mean sure, the network is solid, but we now know unless you are using core, you may be prone to be a victim of accidents like that. Imagine you sent a big transaction through Electrum or were supposed to receive one... who would give your your money back? every victim is a potential bitcoin user that may get frustrated and never use it again, so this needs to be addressed so it never happens again, specially before we go fully mainstream, and Electrum type wallets will be most of the % of what people will be using, full node runners will remain a minority.

Volatility is volatility. By having your money in Bitcoin you are still taking a risk, your purchasing power is volatile. This, specially for old people is off putting. It's not for us since we understand the current context of Bitcoin, the technology etc, but for a totally clueless person, I understand the reticence. We are ahead of the 99% by at least 10 years by owning BTC alone.

Gold isn't centralized at the level of it not being pegged to any particular government, it's a neutral asset. But thats about that, we all know the details. Bitcoin is decentralized in ways that Gold could only dream off, the only think we envy of Gold is his seemingly atemporal network effect.

The "let's wait for this ideal price in my mind" guys will get burned hard once the train picks pace and it seems is already happening now. If you are here long term it doesn't matter at all if you buy at 100 or if you buy at 220, what matters is having a decent stack now that it's still possible to own entire units of a Bitcoin without being a Winklevoss.

If they are or aren't in a situation to demand something is irrelevant. Europe knows Greece will never be able to pay back, the mega austerity situation can't go on any longer and for it to be paid back ti would require decades of a society living in depressing austerity. It's just not viable long term, so what are they going to do about it?

Everyone makes mistake. I have given second opportunities to service providers that failed me the first time, and at the second time they did great. Of course when they fail 2 times a row I start doubting it.