Wow, 2016 has indeed been a great year for Bitcoin. Glad I started this thread, and thanks to everyone who participated. Just few more days left of 2016!

Well, the idea of "public waking up" is pretty optimistic and I doubt that will happen. And if they "wake up" and demand a different financial system, there's a very good chance it will be worse than what we have now. I would never trust "the public" to come up with a financial system.


I don't think it is true that the current system incentivizes to pursue profit. At least in my country it is very much the opposite, there are very strong incentives for not working/pursuing profit. All these government welfare programs with dozens of different payments that a person may be eligible for. And if you do even little work at the side, you lose them. But it's perfect system for the government, as those people picking up a check from the government are guaranteed to vote in a way which keeps those checks coming.

Also, the current system is not geared for economic growth. The elites want to stop/hinder economic growth. So they manufacture all these fake "social" and "environmental" reasons why we shouldn't have economic growth because "it's bad for the planet". The latest such scam is the idea of "global warming", but that is just one among many.

How do you see this happening, as I see things going exactly in the opposite direction? After every "financial crisis" the regulations and restrictions on banks increase. Governments and financial institutions are becoming more intertwined, not less. We are moving away from a "free market" system, not towards it.

A house is about the worst "investment" one can make, because it's not an investment, it's an expense. Think about all the costs that you have to pay when you own a house. You have to repair it. You have to pay for heating, electricity, water. You have to pay property taxes. A house is nothing more than huge a money sink. When I think of an investment, I think of something that pays me money. Really, it's a pretty simple thing to consider: which way is the cash flow going. Am I getting paid every month, or am I paying money to someone else every month?

Another negative thing about owning a house is the severe limitation on your freedom to move around. If you are renting you can just get up and leave with short notice. For example in case there are really good job opportunities somewhere else. What's the point of being anchored down to one location? I don't understand it.

You have to save money before you can invest it. And before you can save money, you need to have income. There's a certain order to things.

1. Get money
2. Save money
3. Invest money

People worry about investing when they don't have any money to invest. People worry about saving when they have no income to save from. First you have to focus on #1, the part of generating income. That's where most people go wrong, they start thinking about saving and investing, but they have no income. I didn't figure this out for a long time time either! Now most of my time and effort is spent on #1: how can I earn more money.

Socialism did not lead to incredible utopia and paradise for everyone? I am surprised. 

I love how it is always the fault of the government when things don't work out, but never the people who voted the government in. Brilliant.

So did anyone actually come up with an answer to why exactly we should motivate women to use Bitcoin? I mean I get the argument that we just want more users as such, whether they are male or women or transgender.

He is likely a male. I mean come on, at the end of the day, its mostly men that come up with cool shit like this. Sure, there are exceptions, but I'll bet my money on statistics any day of the week.

So who is kicking themselves for not buying more coins when they were cheap?? 

Guys, we really need to keep this topic on the first page. If we don't, the price of BTC will not go up, and 2016 will not be our year!

Price already hit a high of $543 on Bitfinex, looks like 2016 will indeed be the year we have been waiting for. I think we will get $1000 this year, but will it stop there or keep going?

Thanks for contacting me. I will respond in PM's.

Thanks for the kind words. It has been a pleasure to work with you.

Still alive here folks.

Let me know if anyone needs professional quality services for writing code!

The first two you can use for free. For PhpStorm you need to buy a license.

For a simple "dumb" editor consider these:

Sublime Text
https://www.sublimetext.com/

Notepad++
https://notepad-plus-plus.org/

If you want a full IDE, I would recommend PhpStorm:
https://www.jetbrains.com/phpstorm/

If you need any other help with PHP, send me a PM.

I am trying to figure out this same problem (trying to set up an explorer for an altcoin).

The problem is getting the raw transaction data for the genesis transaction from blk0001.dat. I can view the data in a hex editor, but I don't know how long the transaction is. It is not in a "standard" format since this coin has changed it.

We are barely into the second month of the year. What the price is now has nothing to do with what the price is 6 months from now. Price can change fast in crypto.

We used to be in the low 200's, and now the price is around 370-380 and people are worried? It's not going to go up in a straight line, come on folks.

PM'ed you.

Thanks! Glad I could help with what you needed.