Who knows about the number of contestants.

Voting seems more like fun than work, though registering nay be a nuisance.

Jesus! I'm torn between wanting to send this to everyone i know and not wanting anyone i know in real life to ever see this

It does answer the question of how the MSM seems to all say the same thing about any ideological issue

The dumbest thing about this video was the actors using physical bitcoins to buy things in the video. Yeah I know Casascius coins have existed, and paper wallet sweeping is totally legitimate applications of bitcoins in the physical world, , but it is a slap in the face and confusing to non-bitcoiners to see the guy pickup some sort of bitcoin coin on the ground and then spend it by paying for something in the same way you might hand someone a 1 dollar coin. Its unrealistic and confusing.

On the other hand there's a large portion of android users that really aren't participants in its app economy. At this point the value the iOS market presents to developers equals Android and the cost and hassle of developing for iOS is significantly less. Android winds up being a haven for techies who want to run task managers and antivirus on their phones, people who religiously hate Apple and people who want to spend as little as possible on a smartphone.

Watch for typos eg "Your have spent"
So this is aimed at the savvy Sir Branson demographic, are you doing one in simpler terms for younger people?

I'd sooner do one of those QR-code things that puts a $2 or $3 tip to me via paypal

IMO it's 10 cents tips

Yeah for real? 44 Bidders?
So at least 44 large investors wanted those bitcoins?

This might just be the deciding factor for me to attend this year.

Forgive me if I misread you, but I would think that Ticketmaster would hate bitcoin - an open financial transaction network. My take on Ticketmaster is that they unashamedly work to maintain a monopoly to charge highly profitable fees on every transaction.

Due to all of the above factors, I personally believe that bitcoin will inevitably completely implode if it doesn't fade into obscurity first.

It is also interesting to note that a deflationary currency like this actually rewards early adopters (which is why bitcoins have been compared to Ponzi Schemes by numerous experts). Finally, the "mining" of bitcoins is remarkably inefficient in its use of energy and computational power when compared to other systems of creating currency.

Theoretically at least, this could create enough deflation per year that basically nobody would ever want to actually spend a bitcoin, which would lead to a crash/total failure of the bitcoin economy.

Assuming demand for the currency trends upward long-term (and if it doesn't, it wouldn't really be a successful currency), the value of a single bitcoin will increase. Inflation is healthy and necessary for a currency because it encourages people to spend and/or invest their cash, as opposed to deflation which encourages people to hoarde, further deflating the currency (by decreasing supply).

The biggest problem that I see with bitcoin is that by design, it is a deflationary currency. Instead of increasing the money supply every year (like say, the US government does with USD), the supply of bitcoin increases by a smaller number of "coins" each year, until eventually no more bitcoins are created... ever again.

Bitcoin is desperately needed there. They won't be able to hold out hedging dollars against their rial for much longer.

Bitcoin is desperately needed there. They won't be able to hold out hedging dollars against their rial for much longer.

"Bitcoin Transaction Times" is a good name for a paper or magazine. Like "Sunday Times"

Bitcoin is to the financial industry what BitTorrent is to the music industry