I see bitcoins at $100-150 stable until something big happens. It is up to the community to drive it further.
Also, nice car :p
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"DVC till I die"
I wonder if she was paid to make the video or actually owns dvc lol
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You guys gotta add an address lol. I'll split with you two since you posted at the same time.
Send them to syn, don't want them
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More press = Higher Price in my opinion. Really wanted to go, shame I'm unable to.
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I'd take them off your hands, but I've never even heard of them. So I'm alright
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My current theory is this: Satoshi works for some three-letters government agency or massive orgnaization with extremely deep pocket, the reasons are listed below.
1. Intelligence agencies such as NSA are known to employ some of the world's best cryptographists, and the job requires you to consider every possible threat and make things bullet-proof, the kind of meticulousness we saw in the Bitcoin protocol.
2. Satoshi went to such great length to conceal his identity, because if it's made public, he may lose his job. He should have talked to his superiors about what he was doing, and since his pet project involved nothing classified, and even contains something probably useful to the intelligence work, he got a "go ahead", but on the condition that he kept his identity a secret, for obvious reasons. And needless to say, the revelation of his identity would not put Bitcoin in a good light.
3. Since these government agencies are extremely well-funded, they probably would not care too much about if their employers are always hard at work, so Satoshi got plenty of time to pursue his own ventures.
I think he's just a normal guy but with the mind of a genius. He saw bitcoins getting bigger and wanted to distance himself from it and wasn't interested in fame. He didn't want to be the one behind bitcoins, he wanted the community to fill that role which it has.
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The main issue isn't necessarily trust in my opinion but rather the fact that bitcoins are NOT consumer friendly. The vast majority of people who use bitcoins are highly tech savvy. Bitcoins are complicated and security and storage is challenging.
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Grats to the winner scooped it up while I was asleep.
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Looks pretty nice, will give it a shot when the HTML5 version comes out.
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Yup, good read.
Quite a bit of legwork to get any sort of exchange up and running legally.
Anyone have a general idea of how long all of this would take to get processed/get filed to be ready for a launch?
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Sounds like a good idea but I wouldn't suggest making it in the USA. Would be great if there was another bitcoin group centered in south america, europe, etc that dealt mainly with spreading bitcoins to those regions.
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Is arbitrage still profitable? and how has your experience been so far running this?
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Another step in the right direction for bitcoin :-).
Keep up the solid work bitpay
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Thank you, guys. I'll stick to Bitcoin.
Glad to hear it
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Bitcoin has been becoming increasingly popular, I'm torn between wanting them to rise and wanting them stable which they have been relatively the past week.
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Most IT geeks don't have the personal skills required to rule the world outside of their computer. I would however expect that more "world rulers" will start gaining IT skills in order to have more power and be able to do more things.
I completely agree with this, IT skills are nothing without personal skills to go alongside them. For example making the next major virtual currency is one thing, and getting people to use it is another. You need to be persuasive and social as well.
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There is no way for someone to really know whether this is legitimate or not rather than taking a blind leap in.
I suggest building trust, being more active and investing more time in this community and then attempting something like this of course legitimately and with a bit more effort.
best of luck to you if you follow that endeavor.
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I believe their house edge is currently 2% actually.
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