For the purpose of calculating the value of your stash, which US exchange does the community think shows the most representative value these days, and why? That used to be a non issue when there was only Gox.

I don't want to start any conspiracy theories, but there is no wind on the moon. Why is that flag flapping?

I wonder if he has bought any bitcoins yet.

Looks like he is listening. 400 on Bitstamp.

I told you fiat had tangible value.

Nope. Why would I not just hold BTC, like I hold USD, and a house. They all have value.

Or a 20% bigger house.

Be careful. A few Satoshis might be worth a lot by then.

But bear hunting is not cool. Ever seen one in the wild? You know they can hurt you, but if you ignore them, they usually go away - a bit like trolls really.

Quote: "can't even clean my ass with fiat"

Actually you can. Sadly, BTC doesn't have this useful property. Now I get why fiat lovers say BTC has no tangible value.  

I can't see this having much impact. Taiwan is not exactly a BTC powerhouse, and if Taiwan says "heads", you can bet China will say "tails".
It kind of gives it street cred & legitimacy elsewhere.

Price prediction is a dangerous game - it has a habit of making you look like a fool. But here goes, for your entertainment and pleasure.

My guess is that this train will keep going until we get well past the ATH, then it will fall back like a lead balloon, to somewhere above where we are now.

I wouldn't try to sell at the peak, because you can't spot the peak until we are well on the way down.
So my advice is to hold on the up. Hold on the down. Wait a few months or a year or 2 for the next round which will be bigger than this one.

What is driving the price? I think it is just the close timing of the China capital controls, the EU VAT ruling, and making the front page of the Economist.

CC
MB

For those of us who lived through December 2013, and are still around, this 'ain't nothing'.

Its a great magazine, and very well respected.
Interesting owners though....

Markets are wonderful and magical things. They value anything based on concensus with an eye on the future. So, if the answer was 'yes', then you would already be close to being a millionaire. Conversely, if the answer was 'no', then the value of BTC would probably be a lot less than it is today. So the answer is maybe. It is always brave to bet against the market because other people (or institutions) in agregate usually have greater knowledge than you can hope to have. That said, BTC is still below the radar of the mainstream financial system, and is the only thing I can think of that has a real chance of that kind of growth.

In short, my guess is that 100 BTC will be worth $1M, but not by 2020. 2025 would be my guess.

So archive this, and quote me in 2020 or 2025 to ridicule me or show me as a visionary.

MB

icedrill???

So if the only reason that AM price is low, is due to noise from other opportunities, then it must be a good time to buy. At least if you are buying on fundamentals.

Is BTCT.co down for everyone?

...OK I'm back from Google. Buttercoin looks like a great idea. It is one more step in the right direction. The momentum is building at a un-imaginable rate. Solutions to problems are coming from every angle, and from all over the globe. Every time I see something like this, I am more convinced that BTC will be bigger, and more transformative than most of us can even imagine.

I wasn't around in 1943 when Thomas Watson (Chairman of IBM) excitedly predicted that there may be a worldwide market for as many as 5 computers, but it kind of feels like we could me in similar territory.

Don't know how many people have seen Sean's Outpost (feeding the homeless with BTC donations), but this is great for BTC. How do we get the mainstream media to pick up on it?

A story about this in the mainstream press will:

    a)  Get Sean a ton of attention and hence donations
    b)  Associate BTC with doing good.

Any media people out there???

https://www.smore.com/t3y6

This could easily go viral.