Quote from: Matthew N. Wright on August 23, 2012, 03:22:40 PM

Quote from: Bascule on August 23, 2012, 02:43:48 PM

Quote from: unclescrooge on August 23, 2012, 02:13:05 PM

And why would wanna legislate on the stupidity of people?

You don't want stupidity to be outlawed because you know you'd be imprisoned for life.

I lol'ed.

Quote from: Bascule on August 20, 2012, 04:42:20 PM

Quote from: hacknoid on August 20, 2012, 12:11:08 AM

put "criminal activity" and "Bitcoin" together in a sentence, and you have a news-worthy story.

It's pretty hard to put "legitimate activity" and bitcoin into the same sentence. Bitcoin has Silk road, gambling (evading US laws), and ponzi schemes. Is there anything legit?

Quote from: Bascule on August 20, 2012, 04:36:23 PM

Quote from: Kazimir on August 19, 2012, 09:36:29 PM

Quote from: msweb on August 19, 2012, 09:01:38 PM

The prize could also go down. Too many people know about bitcoin and using it. It's not a geek only 'currency' anymore. so there are a lot of stupid people using it.

Bitcoin is limited. Therefore more people using it = higher price per bitcoin. This is exactly why the price will go up (by enormous factors) in the long term, regardless of any temporary spikes and drops (which are just incidental market hype and panic movements).

Why would more people use bitcoin?

Quote from: Bascule on August 20, 2012, 05:08:25 PM

Hi. I'm very bearish on bitcoin. Does that make me a troll?

Yeah, I lol too. Troll's got to troll right