I'm so glad that some of you actually provided me the valuable opinions that I was looking for.

In this context one should not think of the government as it is described by its traditional definition. I was rather referring to entities such as the illuminati and/or reptilians.

So, now we can agree that such superpower would easily disturb the bitcoin network if it wanted to, possibly rendering it useless.

Therefore, I hereby speculate that proof of stake crypto currencies are superior to proof of work. Having said that, I'm looking forward to buying more PPCoins and maybe even NVCs in the near future.

The government invented NASA and the Mars mission. Producing its own ASICs would be a piece of cake for them.

If a government can manufacture a train full of tanks:
http://www.youtube.com/watch?v=7PTfF6wmqcU

Then it can easily manufacture a train full of ASICs. This won't be a 51% attack, it would be 99% attack.

Prove me wrong.

Strong hands reporting in. Just trained my biceps yesterday.

How can bitcoin be done if we're still up by 1000% with last 12 moths? Bitcoin rising or falling 150$ in  a day is just market volatility. Expect more.

Just look at the gigantic bullish signs - the periodic upward spikes in prices on the long term charts. All of these look more like premature ejaculations than crashes.

Eventually bears will get burnt. Pics related.

NSFW
http://www.hyena.net.ee/Pic/bearTrap/sprint1.jpg
http://www.hyena.net.ee/Pic/bearTrap/sprint2.jpg
http://www.hyena.net.ee/Pic/bearTrap/sprint3.jpg
http://www.hyena.net.ee/Pic/bearTrap/sprint4.jpg

I could use a couple of significant others, especially now that I have a larger mattress that I bought for the LTC profits

who mentioned me? Although I have an account in gox I've never used it and never will. I buried my paper wallets 3 months ago and won't sell any time soon.

such a lovely song

OP's right, the whole DDOS thing makes it fishy. And let's be honest, that's pretty much the only thing banksters, reptilians and illuminati combined could do against bitcoin.

But if fractional reserve banking creates "bitcoins" that do not exist then how can you pay back your dept? Sooner or later some people won't be able to pay back the dept so that these virtually created bitcoins would have to be deleted from the system. But what if these virtual coins were already lent out in turn? Then we would need to know which exact virtual bitcoins to destroy if the original borrower defaulted?

This is really a problem in my opinion.

If fractional reserve banking is possible even with bitcoin then the root of evil won't get eliminated by this new currency, am I right?

yeah, dreams are weird. a day before I had a dream where I was tripping on some psychedelic chemical, having cool visuals, but then all of sudden hundreds of cats attacked me, I was completely helpless because I was drowning in cats and all of them were biting and scratching me. that was a total nightmare but luckily it was such a bullshit that I actually realized that it has to be a dream so that by using my lucid dreaming powers I teleported away.

I just watched this video: http://www.youtube.com/watch?v=f6uuAupT4AQ

At first I hated it because:
1. it discourages owning gold
2. it talks about fiat money as it was something good
3. there are illuminati symbols hidden in the video and even on the uploader's avatar

However, in the very end of the video the narrator shows facebook and tells that the future money will be peer to peer and electronic. It never mentions anything about crypto currencies nor bitcoin though.

I'm still not sure if that video was forged by evil but maybe it accidentally embraced bitcoins while it actually wanted to embrace facebook coins. I'm sure David Icke would be proud of my alertness and ability to notice subtexts like that.

And as it was somehow written in Faust - evil wants to cause harm but by doing that it actually does good.

edit:
btw, my guess on getting to 200$ and then more than 1000$ was purely based on my last night's dream where I suddenly noticed that the btc chart was in the space and I rushed to withdraw some random bitcoin lying around in SR as it costed several hundreds of thousands of dollars.

At first we will be surprised to see 200$. Next time we open our eyes it's past 1000$

That's really cool what you guys are planning. Sell and buy back after these periodic flash crashes. Too bad I have buried my coins in paper wallets several months ago in a safe place like treasure chests. Not going after them any time soon

Or she was in a real hurry.

Discuss:


Also, someone should make a modified version of this:
http://www.youtube.com/watch?v=GA8z7f7a2Pk
stating something like "bitcoin dance party"

Why would anyone sell at weekend? It's the worst time for selling to gain profit but it's the best time for selling to manipulate the market and get the price as low as possible. Don't believe it until it is Tuesday/Wednesday next week and if the price is still falling then it might be real. Considering I'm in the long term anyway I really don't give a shit. Only the newbies here might get scared because they see such sudden falls for the first time. I've seen it a lot, it will pass, it's just speculation, nothing serious (bad news in bitcoin world or anything).

If any of you feels really euphoric, I'd strongly suggest playing this game:
http://games.adultswim.com/robot-unicorn-attack-twitchy-online-game.html

Also, it doesn't hurt to get high on DOC from SR before playing