It may be. There's an awful lot of bitcoins owned by relatively few early adopters. If Bitcoin is to succeed, a large chunk of those bitcoins need to be extracted from those early adopters and spread amongst the general population.

IMO most Bitcoiners are the most sociopathic people there are.
It takes a *special* attitude to strive after a system where economic status is derived only by a unchangeable, unchallengeable, non-physical ledger.   

True. Some can even get expensive over time.

Nice I want such GF too! Any tips?  

I really wish the blockchained data could be parsed better than the last 15 days or 2 years.  It would also be nice to adjust the zoom better.

We don't really need a chart thread here, anyway.
All it did was encourage circle jerks.

That's also also how we get stagflation.

Good to see drug dealers still working at 65. I guess it isn't as dangerous now that we're in a deleveraging.

Yes, I hear there's a great market gap in online drug stores.

only in bitcoin world bears get to have some cake too =D

This is why it is bad. Because the people investing in bubble rises are people who think they will get rich quick (99% of the population which is why lottery is the most profitable thing for states) and when "healthy corrections" happen it's devastating to the reputation to Bitcoin and the bigger they get and the harder they fall the more negative news and I promise you the 99% don't know, care or believe in BTC technology they believe in their dollar and you Bitcoin took it from them.

You guys think I'm a nerd?      

Whoever bought sold those thousands of btcs today save all you bulls bears from a crash rally and you know it

really? the only thing I can see is low volume and the price going down, and you know what that means..

Already exists. Search for the "Squatty Potty."

BTW, why don't you guys clean up old outdated laws. This one is from the civil war era for fuck's sake.

PS: How can I help to create some global financial problems?  

We don't have such politicians in my country      and now what?

Well, he made the assertion that monopolies are impossible absent government.

Private monopolies start to lose market share the moment they exploit their dominant position unless the State prevents them from doing so. Even the most capital-intensive industries see competition. Virgin Galactic is a good example. OTOH, a monopoly may exist if it doesn't exploit it's dominant position, but why would we even care in that case? Competition is there to benefit consumers, not competitors.

Boooring.

FTFY.

That will be interesting to watch. I wonder if anyone has done any scientific studies about how large a percent of the population is allowed to be in prison before the prisoners have enough power to simply say, "No."

Kind of like the studies on the amount of cars you can add until you gain "traffic".

The 51% would be better off outright killing the 49%. The upkeep cost of having half the population in prison would be such a drain on the economy that the 51% wouldn't survive long.

All I ever see in this thread are people making wild guesses as to whether we're going to the moon or not, 'bold predictions' based on super smart Technical Analysis that only actually applies in very specific contexts, fancy jargon and buzzwords pulled straight out of Wall Street for Dummies 2007, and a few trolls who think its a laugh to completely exaggerate information (can't even be called news most times) and purchase a few cheap coins. well yaaawwwwnnnnn.

why do they always talk about Silk road and super easy drug ordering.
People who want to get Drugs will always get them despite it's illegal or Yellow. Bitcoin is just a way to pay for it not the Problem itself.

Shut up you criminals. In the end we will get all of you.

What a bunch of morons.

... and governments are done cleaning up the illicit side of bitcoins (tumblers, localbitcoins unregistered users, drug/weapon trading sites, people who don't report taxes--they can find you now or later....its not worth it) ...

First they ignore you, then they laugh at you, then they fight you, then you win.

We are at stage III

First they laugh at you, then they get mad at you, pretty soon they go silent, then they start agreeing with you, finally they say they were right all along.

I'm serious.   Obviously these won't go away.  They will always exist.   But once the majority use of bitcoin is not seen as being based on illicit/illegal reasons, then it can be more broadly accepted.   For those who just want a coin to trade drugs, weapons or to hide money, they will always find a way to do it, whether its cash, bitcoin or some other coin,   but until the vast majority of bitcoin use is seen as legal and valuable, it can't really grow I think.   Most use probably is already legal, but the swarm of news for the last year is heavily biased towards not (Coindesk who is probably shorting doesn't help either).

On this point, I am with you and aminorex.  I'm not in support of gov. watchdogging everyone. We should be able to have some anonymous transfers; there are good reasons and there should remain ways to do it.   But being realistic, I don't see how bitcoin can become bigger than it is without some integration and sacrifice on some points.

Why should I have an answer better than anyone else's?  

But since you ask:  I think any solution has to be through politics.  I am not a libertarian; I believe that getting rid of banks and governments is neither possible nor desirable, and instead we must fight to have good governments and tightly regulated banks with strictly limited powers.

People must fight in the streets if necessary to end the plutocracy (une dollar, one vote) that has dominated the world, and restore democracy (one man, one vote).  I still cannot believe that the people of Italy and Greece, for example, could let the banks appoint governments which put the banks' profits above the very life of their citizens.  

It will not be an easy fight.  Along the way, the people in every country must somehow get rid of corporate media, and wrestle control of the internet away from big corporations, which will always prefer and support plutocracy over democracy.

I can't understand how that happened, if it was an open order how could get pass and sell at 500 when both of us were willing to buy at 505-506?

Software is never really done until at least version 3.1

IMHBO, there is NOTHING wrong with professors, and there is nothing wrong with having governments pay professors to carry out professorial duties and to teach the public and to engage in research and to present various points of view that allow people to develop and engage their critical thinking skills in order to make better choices in their designing and structuring of communities and its various resources. 

Hahaaa, interesting comment. I think the extrapolation isn't proper but I'm confused and not in a position to argue. Any one comment on the extrapolation?

See, I have absolutely no problem with that. And I certainly will not be one to stand in your way when you choose to fund it.

Are you  a part of the community or NOT?  If so, you have some obligations.  Thank you very much - that is how modern society works.. you can have your input in various ways too, including your vote and including getting involved in the public space.

Will you voluntarily fuck off when people refuse you the services built on the back of their involvement where you opted out?

The ultra-individualism/liberalism is strong in this thread!

Historically speaking it's almost funny how individualistic communistic we are in the west these days. So much so that I don't think it's going to last.

Just sayin'..

No s/he (deeplink) wants the benefits of the infrastructure or clean air, but s/he does NOT want to contribute to such preservation and/or creation.  

Seems like a typical definition of either a freeloader or a leech or an opportunist or a selfish bastard... or to give the benefit of the doubt, maybe s/he has NOT thought that far ahead?

I hear Bitcoin is quite interesting

Yes... You can choose which community to live in, and you can hopefully learn to accept your obligation to contribute to the community rather than being a leech.... The community has a variety of cost of which you either directly or indirectly benefit. Otherwise, you can go move to Alaska and freeze your ass off, or some other place that you find suitable for individualistic living... but the rest of us live in communities and there are not enough islands to have one person per island... so we have to figure out ways to get along and to share... NOT easy but necessary, unless we are going to kill off 90% of the planet.  Are you suggesting population reduction?  and if so, how?

does that make the whole US a shit failure land ? just saying...

you mean the ones that got voted by a free and democratic process ?