Looks pretty cool... do you guys have limits on the amount that can be deposited?

Dear Benjamin Lawsky,

Transparency is a two-way street.

If you desire transparency of Bitcoin companies, please reveal:

1) When your central bank will stop printing money and debasing the currency used by millions of retirees for their savings.

2) Why nobody at HSBC was criminally charged with money laundering, despite their recent case which represented the largest money laundering scandal in history.

3) Whether you believe two consenting adults, in an allegedly free country, having been found guilty of no crime, have the right to do business privately between themselves.

Of course, you don't have to respond to these questions, and you won't. Yet, you'll force other people to respond to your questions with threats of theft (fines) and or kidnapping (imprisonment). How civilized.

Love how when people act honestly, follow and even exceed the requirements of mutually agreed contracts, and take care of investors above themselves, there are still internet trolls to call it a scam.

EXACTLY.  With Bitcoin, user can choose how much anonymity he desires. Some don't care and some do... all along a gradient.

OP - you say most Bitcoiners don't understand economics, and then you go on to suggest that increased trading will produce more volatile markets? 

And you post a link to pogs... which are a commodity unlimited in supply, indivisible, non-fungible, and non-durable. A silly comparison to Bitcoins.

Maybe your own economics and understanding of money needs a bit of work?

If you want to "play around" with trading, I'd recommend Bitcoinica.com.  BUT the system uses 5:1 leverage, and so you better be very careful because it can wipe out all your deposited money if the Bitcoin price swings in the direction opposite to your bets.

Of course, if Bitcoin swings in the direction you think it will, then you make 5x the profit Just be careful!

To purchase your first Bitcoins, if you're in the US you should use ExchangeBitcoins.com - they have a bank cash/check deposit feature which is fast and convenient.

Hahahah well that's one way to get started!  FYI - most people who are involved in Bitcoin have probably not read that document, but if you really want to understand it at the core, then that's the document to use. The casual user will have no need for it though.

Prices are set on exchanges, where a buy order and a sell order have an equal bid price. If Bob puts in an order to sell at $10 each, and Nancy puts in an order to buy at $10 each, then the exchange makes the trade happen, and the market price is then listed as $10.

Now, on different exchanges you have different orders from different buyers and sellers. Thus, the market price on one exchange will always be different than other exchanges. However, the prices will tend to be very similar, because if one becomes much higher than another exchanges, people buy at the lower exchange and sell on the higher one, bringing the prices into alignment. The more efficient a market is, the less difference there will be between exchanges.

Make sense?

A far better strategy (more reliable) would be to simply purchase bitcoins and wait until the double, then sell them. Trying to actively trade and buy/sell on lows and highs is almost certain to leave you penniless.

If Bitcoin catches on, it will do much more than double. So just buy $100 and sit on them. You might be suprised how quickly it happens... could be a week, or a month, or a year.  But most investments require 5-10 years to double in price (and that's if you succeed!)

Has anyone started a company to professionally produce these? Not like a huge mega venture but just something small and professional?

It's only a matter of time until ebay accepts Bitcoins for payment

Hello!!!

I'm hoping to see Bitcoin topple oppressive social, political, and economic regimes around the world. First though, it needs to incubate. What a cool discovery mankind has made in Bitcoin.

I think any major bank accepts wires from any other bank anywhere in the world.