Silly me bought more over $100.

Pity I didn't get the chance to cash out over $1,000. Oh wait...

Congratulations you forced me to bring this account out of hibernation.

No-one's moving on believe me. There is plenty of money waiting for the right price. It's just that this is nowhere near it.

This week there were other ways to make money like selling Rubles against the dollar on leverage. Even shorting Bitcoin was never going to match that. Hell the whole US stock market just saw its biggest one day gain of the year.

Investors, traders, speculators, ETFs will join in the next bubble. Fanboys will keep the price from zeroing though.

There will come a point where the perfect mix of widespread acceptance, clear regulations and mature infrastructure will make the price look a steal. I suspect we need to see Bitcoin 2.0 before then. I don't believe another cryptocurrency will steal away Bitcoin's thunder. That's 5 years of work and drama to get where we are now. Then you will see a spike like no other. When will that be? A couple of years away perhaps. Just be ready and don't miss the boat.

Disclaimer: I currently hold no crypto for the first time since 2012. I have my target price for Bitcoin though.

Done, here's the new thread: https://bitcointalk.org/index.php?topic=649453

Thanks for the original lebing, your thread was very helpful when I was still figuring Bitcoin out.

This is a revival of lebing's original thread which was a great starting point for the biggest developments for noobs and old-timers alike. I shall endeavour to keep it up-to-date. Starting today with the most relevant bits to fill the gap. Sit tight while I get it up-to-date.


Expedia to accept Bitcoin payments for hotel bookings, initially US customers only, for hotels not flights (yet)
http://www.bbc.co.uk/news/technology-27810008
TLDR another very high-profile name to accept Bitcoin.

Bitcoin charts on bloomberg for employees, coming soon to everyone
http://techcrunch.com/2013/08/09/bitcoin-ticker-available-on-bloomberg-terminal/
TLDR Bitcoin now officially mainstream

Bitpay partners with 3dcart
http://btcbible.com/bitpay-partners-with-3dcart/
TLDR Bitcoin now available as a payment option to 16,000 new merchants

Bitcoin finally coming to Africa
http://www.reddit.com/r/Bitcoin/comments/1hn0ue/kipochi_launches_first_bitcoin_wallet_in_africa/
TLDR A SMS/ web hybrid system is being developed now which will reach the place where bitcoin has the most potential for organic growth.

Bitcoin ETF (once approved by the SEC) coming soon
http://www.pcworld.com/article/2043473/winklevoss-twins-will-secure-bitcoins-like-gold-in-vaults.html
TLDR You might soon be able to purchase bitcoin derivatives from your stock broker

Webmoney (Russian Paypal with 11 million users) is now an exchange and wallet servicing p2p and merchants
http://www.thegenesisblock.com/bitcoin-access-expanded-to-over-11-million-users-of-webmoney/
TLDR Big pressure was just put on Paypal to integrate sooner rather than later.

Okcupid is now accepting bitcoin (7 million users)
http://arstechnica.com/business/2013/04/okcupid-says-it-will-accept-bitcoin-as-currency-falls-to-recent-low/

Hedge fund looking to inject 1 billion € into bitcoin for large investors
https://exante.eu/press/news/266/
TLDR Big €€€ starting to move into Bitcoin

Western Union looking to integrate bitcoin into services
http://mobile.blogs.wsj.com/cio/2013/04/01/western-union-eyes-digital-currency-services/
TLDR Bitcoin is on the verge of worldwide physical exchange infrastructure

Expensify Brings Bitcoin to Main Street
http://www.businessweek.com/articles/2013-03-29/expensify-brings-bitcoin-to-main-street
TLDR App with 200,000 business users is leveraging bitcoins strengths

New zealand, Cyprus & other Mediterranean countries considering/ have decided to confiscate "one time" X% of depositor funds
http://www.nytimes.com/2013/03/24/world/europe/russian-ties-put-cyprus-banking-crisis-on-east-west-fault-line.html?pagewanted=all&_r=0
TLDR The money you thought was safe from theft in your bank account is not safe (especially if you live in an at risk country in the euro zone).

FINCEN releases guidance for virtual currencies (bitcoin)
http://www.fincen.gov/statutes_regs/guidance/pdf/FIN-2013-G001.pdf
TLDR Small exchanges based in the USA will likely have a tough time due to this, but by making the grey legal area black & white, it will make larger players willing to step forward. In other words, bitcoin is now legal.

Blockchain forked, but problem solved
http://www.reddit.com/r/Bitcoin/comments/1a51xx/now_that_its_over_the_blockchain_fork_explained/
TLDR Double spend issue has been fixed in the short term and long term with the new roll out plan

Amazon fulfillment integrates with Bitpay
http://www.marketwatch.com/story/bitpay-integrates-bitcoin-with-fulfillment-by-amazoncom-2013-03-06
TLDR There is now a convenient way for anyone (registered business @ Amazon) to sell anything with bitcoins through Amazon

Bitspend.net
https://bitspend.net/
TLDR You can now buy ANYTHING on the net with bitcoins (under $100 during beta and under $1000 after beta ends)

Coinlab Bringing Bitcoin to Wall Street with MtGox Deal -
http://bitcoinmagazine.com/coinlab-bringing-bitcoin-to-wall-street-with-mtgox-deal
TLDR - Details are sketchy at this point, but it seems that there may be a deal coming up which will bring bitcoin into the forex market. I'm including this here because of the absolutely insane effect this would have on the price if this were in fact happening.

Mega - https://twitter.com/KimDotcom/status/302844443223023616
TLDR - The service formerly known as Megaupload (which was the top non-torrent based file sharing service on the net) is now accepting Bitcoins

Reddit - http://blog.reddit.com/2013/02/new-gold-payment-options-bitcoin-and.html
TLDR - One of the largest sites on the internet is now accepting bitcoin for their premium service!

Bitpay - http://blog.bitpay.com/search?updated-max=2012-12-06T10:13:00-05:00&max-results=7
TLDR - Merchants are signing up in droves with Bitpay's (and other payment processors) payment system

Wordpress - http://en.blog.wordpress.com/2012/11/15/pay-another-way-bitcoin/
TLDR - The largest blog network on the internet is now accepting bitcoins. This paves the way for wider, mainstream bitcoin adoption

Coinbase - http://blog.coinbase.com/post/42587245753/coinbase-is-now-selling-over-1m-usd-of-bitcoin-per
TLDR - It just got alot easier for users in the largest bitcoin market in the world (USA) to acquire bitcoins and it is showing up in the numbers.

SatoshiDice/gambling potential: http://calvinayre.com/2013/02/01/business/why-bitcoin-can-no-longer-be-ignored/
TLDR - While its not possible to gamble with dollars in the US, it is possible with bitcoins. The big players are starting to take notice of this fact and over the next few months its likely that we will see one emerge onto the scene

Blockchain: https://blockchain.info/charts/my-wallet-n-users?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
TLDR - The best online wallet is experiencing exponential growth of new users (as of 2013, this exponential growth is continuing as of June 2014.

Yes indeed that would be best. I can manage it if I just post the most important developments.

Expedia to accept Bitcoin payments for hotel bookings, initially US customers only, for hotels not flights (yet)
http://www.bbc.co.uk/news/technology-27810008
TLDR another very high-profile name to accept Bitcoin.

Thanks for the reply, I'll try to update it with the most important developments.

Is thread abandoned now? Anyone else want to take up the mantle or has someone done so in another thread?

No. This doesn't feel right at all and I can't see Litecoin flourishing if your plan were to succeed. What unique position do you hold that you think you have any chance to make this happen?

Awful idea.

They banned me in August 2013 for 100,000 minutes I think it was ("You has been banned!") for discussing the problems I had withdrawing BTC. It was delayed for 2 days and support was no help so I warned others.

I checked my account a few weeks ago and found it had been unbanned.

The mods are unpaid because some people value kudos and perceived authority more than money.

But hey I'm back and despite everything it's the only place to trade. No, I don't take Cryptsy seriously.

Although their owners are anonymous and this is a major misgiving I have about them, I'm there for better or worse.

Yeah it's so obviously artificial. You could argue it's positive though because Karpeles could let it fall to say, $50 and scoop those up at 1/5 the price?

I dunno, as much in the dark as anyone. We shall soon see I guess!

Yeah what previous poster said ^^^ it's Gox not Russia. No-one really gives a shit about Russia.

Is x profitable? Who knows? Yes so long as you don't mine and dump.

Seriously, I was mining 3 LTC per day last April. A few dollars profit per day. Had I kept them and sold at the top - VERY profitable but no I just sold them at market value didn't I?

Mine something that's going to stick around and hold it.

But I'd spend half that 10K on coins themselves. BTC, LTC and 1 other in a 40-40-20 split.

Clicked on the crosshairs instead of the draw line tool?

Hi I tweeted you but I guess this is the official place for feedback.

I love the site, it's replaced 2 or 3 other sites I used all the time and is all about the currencies that matter to me at least: BTC/LTC.

I would go for the Premium upgrade in a flash if I could draw Fibonacci retracements etc. as well just straight lines!

Thanks

We're looking at $100K or thereabouts as "da moon". Most would agree that if BTC reaches that price, we'll officially be standing on Terra Formaggio right?

As I understand it a US plate is only unique to a state. Here in the UK our number plates are unique to the whole country therefore rarer.

You can't of course rearrange the characters so this is the closest you can get "100K BTC" or "BTC 100K".

I'll leave this ad here just for when there might be interest in the future.

Not that I'll need the money if and when we get there...

You can't leave negative feedback as a seller though.

He's a Chemistry tutor. He clearly knows his shit.

He clearly has a personal bias, perhaps irrational. I feel no need to confront these kind of people with a positive version of that. Just sounds like an argument about religion that way.

Let him be

Spot on!

The choices should increase in orders of magnitude.

I'm going for a conservative five figures so a mere 10x growth.

I guess that's the $5,000+ bracket then - seriously give people some 100x options

You can't.

The Newluminati reptiles can take your cryptoez by thought any time they want.

Nah I'm only kidding. Just shell out for a few metres of this stuff:

http://www.noiseaddicts.com/2008/11/most-expensive-speaker-cable-world-audioquest-audiophile/

And place your speakers on the OUTSIDE of your house.

Works a charm.