Christmas is always a depressing time for me because it reminds me of how much bitcoin was worth at xmas 2013. I felt rich back then. Not so much now but I still hold out hope for the future.

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It might not but even if it doesn't it wont matter. Bitcoin's true value will only be achieved long term and when many industries have adopted it. I would prefer the value to remain low for the next couple of years so I can aquire more. I think bitcoin wont achive its full potential in less then 5-10 years.

What's unbelievable about it? These kind of debt systems are bound to fail because they're meant to be unpayable, but once they realize they can't keep up the repayments thats when the shit hits the fan but is good for whoever loaned them the money in the first place as they'll just start taking other assets and property.

http://www.bbc.co.uk/sport/0/33589626

Some new ones there. I'm really interested to see who Chelsea and Arsenal sign.

But it'll probably fall back down once the excitement has calmed down then people will be back proclaiming it to be dead again.

I'm not sure I'd ever want to settle down in just one. I'd like to travel around a bit living in many different countries. It would be nice to settle down somewhere for my retirement age though.

This isn't a new idea. There are several ways people have successfully or unsuccessfully avoided paying applicable taxes. One I read was paying any taxes you 'should' have to pay to a charity instead of the gov. Of course some countries will still try to prosecute you but some may let you off. Of course there's also the issue that if everybody did this nothing would get paid for so it's always swings and roundabouts.

I wouldn't say it's dead but its under attack and it varies from country to country. In some countries you can be racist to certain groups but not others. Sometimes it's not ok to discriminate against religion but perfectly fine to discriminate against homosexuals etc.

The food already looks like it was made by robots and the staff already act like them so not much of a change here. They've started installing kiosks where you order the food yourself at my local mcdonalds so it won't surprise me when they go fully automated. This is just something that is bound to happen as why would you pay over the odds for people to do a basic task poorly when you can get a machine to do it perfectly and relatively cheaply in comparison.

What does the gov have to do with anything? Bitcoin works fine without their blessing or regulations. Regulations have absolutely nothing to do with the stifling of the price so we can't just keep blaming them.

I'm backing Manny. Don't like Floyd, though he is undeniably a great fighter.


I thought there wasn't going to be a rematch? I'm sure I read it was in their contracts. Could be wrong, though.

I think bitcoin's main benefit is it avoids censorship. If Visa and Paypal refuse to work with you like they did with wikileaks/mega or any other sites they don't like the look of then bitcoin liberates you from that tyranny.


More fool them if they miss out on the revolution. Maybe one day they will regret their decision.

Yeah kinda silly asking for this much. I could understand maybe a few thousand and they'd have more chance of getting some money out of them then as it would likely just be easier to pay up.


It's very likely they did have backups. I think most half decent schools or universities will have a good enough IT department to know to back up their files. There's a lot of valuable info that could get lost if they didn't.

Did you ever buy anying off Silk Road and have it shipped directly to your house?


I think usually they confiscate the computers and take them back to the lab not take the hard drives out then and there.

I think it's still an experiment. It still seems like experimental technology to me, though I can see why people would think it has moved past that. I guess because of the unstable price people are still uncertain of it but that may change over time. Maybe then it will be seen as breaking free of it's 'experimental' stages.

I am also holding and don't want to spend any yet. I really want to start buying things with them but believe the price is currently undervalued so want to hold until I can get more purchasing power. Willing to wait a couple of years for that but hope it comes sooner.


Isn't that the same as holding?

I don't think this is true. There are ways to protect yourself and it's not that difficult if you know what you're doing but you have to be very aware of what you're doing and the computers you're using.

I don't think they're a scam as I've seen people collecting money from them before but have you contacted their support? Maybe if you search on this forum they have a thread here you can ask in?

  But when is the bottom? It is a good time to buy in but the fact that bitcoin can fall to such lows like this for no apparent reason is disturbing.