http://www.cryptocoinsnews.com/news/passports-for-bitcoin-offers-privacy-to-consumers/2014/05/16

http://passportsforbitcoin.com/

pretty cool.

This is a good question, but could you clarify the bit about the conversion part?

do you mean that I personally had to convert to fiat? or that I used a bitpay like service and effectively I paid in bitcoin and the vendor received fiat?

merchants like Overstock use a third party converting service

so

This is what everyone was saying right before the volatility struck last time and shaved like 25% off the prices.

What now?

Looks like people are using their BTC for alt frenzies. Darkcoin has had higher volume on Mintpal alone.

Doesn't the current low volume conditions make this market a potential "easy target" for someone (or some entity) to manipulate it for profit?

Interesting how the Bots have taken over the BTC trade nowadays. Too precise a rise and fall to be human. I'm guessing the Hedge Fund Managers and Bankers are taking/have taken control.

1. The price is, in my view, too high, because it is based on future expectations of fiat profit as opposed to backed by an underlying economy.

Suppose you want to buy an aircraft carrier which cost $ 4 billions (or a set of buildings, or a firm, or whatever around that price) with BTC
You'd need about 10,000,000 BTC which you'll have a lot of difficulty to get, and that's just one big transaction, nothing very unusual here. So I guess BTC's price will have to go up a lot if someone wants to be able to do real business with it.

I seriously hope you are trolling here, or do you really don't get it?

1718btc volume. good lord

Looks like a couple small players tryna reach some game (on stamp)

I will wait a couple of days if the price and volume will be as dead as today I will really start considering the chance of dumping half of my coins.

Dude you're trolling, no story about it. But you are trying too hard too soon. You are acting a clown that isn't funny. You'll be ending up in most ignore lists before dawn.

If it's empty, I like to share with you a nice cup of shut the fuck up

In the past, price has always went UP after any stable period.

I'm not sure how much longer the price will pretend to be stable, it may be weeks or months.

If the price drops from here and doesn't come back up, it would be a first in bitcoin history.

then don't waste your time here, go do something with your life instead of wasting it on a dead horse...

Says the newb who registered on this forum just days ago? It's YOU who is on ignore.  Also Cpt. Illiterate, it's "the price may have gone up after stagnation..."

Cash Money Marijuana m8ty.

If you intend to ignore everyone on this forum you may as well just leave the forum, will save us all some time.

By the way, make sure you got a big bag, if you intend on using fiat for the rest of your life you'll need it. Better buy your wheelbarrow now, while you can still afford one.

It has been going down for months but the price stability is probably a positive sign in this environnement

The demise of the USD and the probable fall of the Euro, Pound and Yen as well will make Bitcoin look very appealing

You are a troll b/c you are spreading FUD... You do NOT even attempt to back up what you are saying with either logic or facts.  Accordingly, you submit your stupid-ass statements, and expect someone else on the thread to do all the work of analysis and/or clarification.

Volumes continue to be pretty low today on Stamp. The high and low prices are becoming a tighter and tighter range. Last time it was like this, volatility struck back with a vengeance. Mainly downward, so hopefully we will start seeing price improvements soon!

Indeed right now there is a very steady background traffic of ~1.8 BTC/min, started not long ago.  Check the 1m chart.

I recall seeing a similar steady background activity at MtGOX in December 2013, for days at a time.  And OKCoin may have had it, but much larger, since I started looking. 

Is that some bizarre tradng strategy, Huobi getting desperate about the low volume, or what?

Man all I've been able to do is add to my ignore list as of late...I think I may have been the first to ignore that ped kid as I've been enjoying the odd quote that includes her/him that confirms my suspicions.

Let's see what Monday brings, China has been so quiet as of late on regulation...even Canada had a negative outlook from the banks recently.

I really preferred the old system, where new accounts were required to post first in the newbie section. Too bad it looks like theymos won't bring that back though.

The direction of a train is typically flat/sideways.

We are on the moon. Slowly descending to earth.

So does my 2 year old nephew.

Like you, he still shits himself regularly, has very poor communication skills, constantly seeks the attention of others and when he doesn't get it, sulks and ignores people.

Fuckoff. Ignored.

Hey - talking about the general usage of bitcoin here.

Actually , that can be very true.

You think bitcoin will crash then?

Is anyone else noticing that we are like sitting right snug below the bear triangle line? we go up $2 and we are on top of the line... breakout imminent if we just go sideways like we have been doing... is it finally time?

 I hope the law will find the right label for his actions.

i have been very bullish the past few weeks, but with this current top formation and everyone and their mom up in this forum calling for a bubble of epic proportions, i am getting more and more bearish by the day.

DIS $580. Y U SO HARD.

how many times do you post that? Every hour?
You will be the first one I put on ignore...

Please, everyone, stop telling us who you're ignoring by quoting them.  

Obviously I argue while I believe I am right.  If a reply is convincing, I let the poster have the last word.  Isn't that enough?

But there are MANY reasons why I am skeptical of bitcoin's success, and many of the replies that I get are not only unconvincing, thet are just countering facts with statements of faith:

   Me: "Goevernments can effectively ban bitcoin, see China for example."
   Them: "Bitcoin is like the internet, it will find a way around any obstacle."

   Me: "Bitcoins may be scarce, but there are plenty of cyptocoins with equivalent or better protocols"
  Them: "Cryptocoins will die and bitcoin will not."

   Me: "Bitcoin is now more prone to theft and fraud than credit cards, see the numbers."
   Them: "Bitcoin will be much safer when it matures."

   Me: "Mining is already concentrated in a few companies, they may form a cartel and become like the bankers."
   Them: "It is a free market so that will not happen."

   Me: "The Satoshi 2009 blockchain already assigns XX% of all the money to a few thousand people."
   Them: "Wealth distribution will improve with time."

And so on and on.  Obviously I am not convinced by such answers, but how can I argue with statements of faith?

if we cant break that 595 soon, we gonna go downtown

http://www.bitcoininfopreneur.com/


When you see stuff like this, it's a signal to GTFO

Are there a lot of scams related to Bitcoins... Yes
Are Bitcoins themselves a scam... obviously not

Before you disparage a paradigm shift you need to distinguish exactly what it is that you find the problem with. Of course this is a free market and people need to be informed and educated in order to avoid the downsides. But as an 'educator' Jorge I don't feel you're looking at this objectively and I also think you do your students a disservice by casting blanket dispersions on something that has the potential to offer them quite a bit of opportunity. You remind me of talking heads back in the 90s telling everyone to stay away from that dangerous internet because it would corrupt public morality.

I kind of feel like if people are communicating in different units, and displaying their wallet balances in different units, that inevitably many will accidentally send orders of magnitude too much or too little. Problematic with an irreversible payment method.

Yaknow, whenever something great is built, there's always someone who comes along and wants to change it all about or otherwise vandalize it just so they can say "I was part of that". This is a solution looking for a problem.

If you want square "bits" go make yet another alt-coin.

Whats with btc/ltc wall on BTC-e?

What was that talk about a new Wall Observer thread? Is there some database issues because of this one beong frickin huge?

So are traders who try to time bubbles to sell top and buy back lower considered average strength hands? And holders strong?   Trying to figure out where I fit.

So the usual bear trolls are going nuts because i mentioned i have a feeling the price is being manipulated. This are EXACTLY the same retards who ALWAYS find some ridiculous reason why, when the price goes up 10 dollars, it's not legit, fake, manipulated etc. Funny...if it wasn't this fucking sad.