It's not about illegal things being bought and sold, it's about the value add of bitcoin.

Individuals can easily refuse to stop using Bitcoin, but the companies which make bitcoin valuable can't. Mt Gox and the other exchanges bank accounts could be instantly frozen, and overnight bitcoin has a huge problem about buying and selling the currency that realistically couldn't be overcome.

Furthermore,
1. If bitcoin was illegal, then the majority of the people currently buying it would't be able to, and would no longer be interested.
2. With only underground exchanges left, there would be a massive oversupply of coins and the price of bitcoin would plummet through the floor.
3. Because the price is so low few people would be interested in mining.
4. Because so few people are mining, the network becomes open to 51% attacks
5. Nobody trusts the currency, and people revert to existing channels of trade.
5. Game over for bitcoin.

Ok sure that'd be great!

Let me know what you want BTC or credits.

Thanks Guys!

Great idea. You're 100% right!

I'll update the site to include a pricing / how it works page.

Just FYI basically you pay around 10c in BTC for 1 credit on the site. 1 credit gives you 1 SMS. Currently the first 20 users get 5 free credits. The next 30 get 2.

Will post back when I've added the page!

Thanks for checking out my site  bimmerhead!

Good ideas. I like the idea of something like blah therapy.. I always think the Internet isn't interactive enough.. I often want to be able to interact with people immediately

Totally disagree.

If the governments makes bitcoin illegal, all the exchanges will have to go bye bye. This means that bitcoin will lose mainstream adoption, and also make it a lot harder for the underground bitcoin people to operate, because at the end of the day they really need to change their BTC into cash if they want to buy anything legal... Right?

All depends if people use it to buy tangible goods.

Bitcoin could easily become a fad, unless more online stores pop up selling real stuff.

Maybe... maybe it could be the currency of choice for egoods. Wordpress and reddit are a good start!

I'm a programmer and I want to build useful stuff for people, who could pay for it in bitcoin.
I'm mostly working alone, so I'm looking for  some simple ideas that I can take and run with one day.

I put one a SMS based price alerts website together, and I've been watching it intently since I launched it a few hours ago
(Seriously could at least one person click on the link  ).

Well I thought this was a great idea, but if nobody's interested in this, what is it that people want??

Let me know cause I'm keen to build it 

I gotta admit I think the markets on the verge of a collapse. If you want to get into bitcoin and you have $1.5k I'd go the BFL miner. I bought one of those in Oct.. Hopefully it will be coming soon.

Or you can buy in now at $30 and cross your fingers. Who knows we might go up to 40 this time. Interest in bitcoin is at an all time high.

Hi All,

I've been reading this forums for a while, but haven't had a reason to post yet.
I didn't realise I wouldn't be able to post for a while as a newbie, so I'm looking for your help.

This last week or so I've been working my butt off to put together this site.
http://www.bitcointextmessage.com/

The idea is the site will notify you of changes in the bitcoin price via text message.

I'm starting small. The alerts will be sent if the bitcoin price hits a simple  threshold, but will expand this service based on user feedback. Hopefully to do things like % increase in the hour etc..

How can you help?

Help me get the word out there about the site.

I'm at a stage now where I've got a mostly working product, and I want people to start using it so I can fix all the bugs and improve on it.

I really want to get the word out there. I think this would be particularly handy for people in the economics speculation board, but wherever else you guys can promote it on site and off would be appreciated.

If you can help me, I'll give you 20 free credits on the site, or send you 0.03 BTC.

I don't need too many users yet, so this offer is only valid for the first 5 people who legitimately help, or anyone who is a big big help.
Just post back on here what you did.


FYI it's setup so the first 20 users get 5 free credits on the site, and the next 50, 3 credits.

I can't promise the site will be stable yet, but with your help it'll get there.