Even though we still have a few months to go until the end of 2014, chances are that this year might turn out to be the worst for BTC. By this I mean the first year so far that BTC will end up in negative territory, 2011, 2012, 2013 all ended with huge upward movements, yet this year we have fallen from January high of $900-$1000 to what we have know $475.

What does this signal in your opinion? This year has seen many breakthroughs and positive news, yet we are down more than 50% this year - unprecedented event in the history of BTC, since all the previous years ended with high gains. Does this mean that 2015 will be a huge year or is it just a small detour along the way?

What do you cryptoheads think about this phenomenon ?

Cheers,
Jay

Well they announced FREE courses on Bitcoin related and other Alt coins for topics..here is the link:P

I didn't even read your second example... What is that, how would a global price for goods, or services, or anything, ever happen?

Bitcoin Debit Card linked to the scam USD is NOT the solution to decentralized currency because it is still using the base currency known as the scam USD, ect...

http://debitcard.anxintl.com/

People need to get stores to accept some form of cryptocurrency such as: Bitcoin, NXT, BitsharesX, Dogecoin, ect...
Consumers can pay using a plastic card that only link to cryptocurrency. The goal of this is to completely bypass the scam USD that's control by central banks.

Example:

A customer walks in to a store and pay using a plastic card that's only link to a certain cryptocurrency (Bitcoin, Dogecoin, NXT, BitsharesX, ect...)
The store takes that plastic card and swipe in the card reader and it deducts the amount in (Bitcoin, Dogecoin, NXT, BitsharesX, ect...).

This is the only way people be able to keep track of the total supply of the coins being distributed. The goal of completely bypassing the base currency USD is to allow the consumers to keep track of the total money being printed. This is the only way they can be reassure that their hard earned labor is not being taken advantage by some silly bankers.

New Challenge to Developers:
Developers must develop a magnetic strip card reader to function with their cryptocurrency.
https://bitcointalk.org/index.php?topic=767779

Example #2:
People go to store to buy an a mango, that mango must have the same value as for sale as the other mango for sale all over the world.
The price of a mango cannot be purchase for less or more in other country. I'm using mango as an example that represent all fruits, food, human labor, ect...

So I had this idea just 30 seconds ago while browsing the forum.

Take a small device such as Raspberry Pi, and set up a Bitcoin wallet on the Pi.
Put it inside a very small grayscale printer (prints dollar bill sized sheets, or really any size)
Have a LCD screen on the printer allowing you to select amount of BTC and also a "print" button
---For security, implement a fingerprint scanner? or if that's too much, allow for a small password to be set on the printer
When someone "logs in" with their fingerprint, and selects a BTC amount, presses print
---the Pi creates a new wallet with the bitcoin amount specified, and also creates public/private QR codes for that account
---a small sheet of paper that could fit in a physical wallet is printed. on it are two QR codes (pubkey/privkey), other details like "amount on wallet" and "date printed"

Then you could just print off several of these whenever you need to, and spend them at Bitcoin accepting institutions. JUST LIKE FIAT PAPER MONEY.

Please someone give me their thoughts on this.

I thought BTC already had CEO before? Nevertheless thanks for the share and clearing my doubts..

They are a bunch of murderous scumbags
The civilised world needs to pull its finger out and get medieval on them

Filthy ISIS scum. Need to be exterminated asap


http://twitchy.com/2014/08/19/evil-straight-from-the-pits-of-hell-american-journalist-james-foley-reportedly-beheaded-by-isis/

Youtube version: https://www.youtube.com/watch?v=grb_HHBGhoU

Unedited Liveleak version: http://www.liveleak.com/view?i=bc1_1408481278

Bitcoin 2.0 is quite different from 'altcoins'. Shouldn't this forum have a category 'Bitcoin 2.0' for all those projects?  It is VERY hard to find posts related to the Bitcoin 2.0 concept as they forever lost in the trash that is 'Altcoins'.  What gives? 

C'mon Theymos - organize the site in a way which is most useful to the readers.  Maybe the management here has something against Bitcoin 2.0 world?  Weird.

Bitcoin is an altcoin to Peercoin and Peercoin is an altcoin to Bitcoin.

Do all of you understand what "alt" means? It stands for alternate.

So when shown some new technology in crypto I get annoyed when people go, oh it's just another alternate.

Bitcoin is also an alternate to other technologies.  I hate how all of you are acting like the current bitcoin protocol is the end all be all project in the crypto scene. Satoshi brought true innovation and all of you are acting like there can't be any more for some reason.

So please next time something innovative is made don't just go, oh that's just another altcoin. Actually use your heads and look at the technology for what it's worth.

This idiotic thought process that some of you posses is exactly why a lot of you and a lot of people didn't get in early on Bitcoin. Because when faced with something new your underdeveloped/underpowered brains don't know how to process everything and you immediately call scam or fail on what you can't understand.

is not that hard imho, you if have the right amount of money, you can perform a 51% attack, just be very rich

I'm using coinbase so I don't need copy

You Need BILLLION or THRILLION of dollars to kill bitcoin.   -Andreas M. Antonopoulos