I laughed, thanks.
Bitcoin has it ups and downs but this thread never disappointed me when I wanted to get some fun.

Interesting thoughts from all of you.

What we can say for sure is that Bitcoin has various appealing advantages. Or that at least the perception of these advantages are very different.

Closing the poll in a few days. My report will be submited in early september, i will post some results here if there is interest.


Vote vote vote

Thanks ! I appreciate, but i also had nice inputs from the community.


My point of view, is that transaction fees does not include the block subsidy of 25 BTC. It is the small network fee that would speed up the process. I consider that as long as it is ten times cheaper than CC's it is a valide point.

My report points out the huge fees and risk of credit cards.

Keep the votes coming

Thanks for your inputs and comments.

Obviously we can agree that people are here for various reasons, Bitcoin has more than one advantage over Fiat or other payment methods.

I don't feel that Being a new technology and the fact that this brings in Hipsters can be considered as a competitive advantage Snorek. However i agree with the fact that it is in opposition with Fiat currencies,. This is why i used the term Scarcity.

I agree with ease of access.

Keep going, and thanks to the people who answered.

Well, this is obviously something that can be done, but in order to rely on this poll i will need quite a few more answers. I also interviewed a few experts about this subject, this poll is to confirm my analysis.

Added, thanks for your input !

Good evening fellow Bitcoiners,

I am writing a research paper on the dematerialization of Money for a business case.

We need you Bitcoiners to answer this question and if you feel that something is missing, let me know !

I feel that Bitcoin will thrive because consumers/users will embrace the currency if they find some use to it. It is a superior form of payment even if it is not ready for mainstream applications yet.

What are your thoughts about it?

Thanks

That's what i thought also. Everyone knows greeks are not the ones who bought Bitcoin recently.

Price moved maybe a bit because of what happened in Greece, but obvious manipulation is obvious.

I don't know what to think of it yet, but we will know soon enough. All the sell orders in the 280$ level are not making us drop, we had around 5-6k btc dumped in small increments of 100-200 BTC.

It's easy for the manipulator, he dumps 4k btc in one shot, sets his bot to buy all the coins in the 280-285$ area, when price recovers a bit, re-dump.. Easy Money.

Bitcoin is going up since OXI (no) was said to be the winner by various polls. The small pump started when the first results were given, but it is not settled yet, it can still change.

Yeah well i am used to seeing (but sadly never touching) way bigger amounts of Fiat moving around. Bitcoin is just a drop in the bucket, but you know this. Having just investment banking interested is a huge milestone that we reached a few months ago. Obviously if someone did not get that the 20k buywall we have been seeing since a few days was fake, then they would not get this. Thing is, interest is growing, people are betting on Bitcoin as a whole, bitcoin is included as the first application of this technology. More to come, it is not dying as far as i know, i have never seen it being that "Alive" in my day to day life.

Hahaha those walls on finex..
Nice try bear, hope you'll get your cheap coins, in that case i'll be buying it in the way down.

Major banks are on this (Yeah i work for one of those), and Bitcoin is on their radar. Sick of having those Bitcoinferences over there with people that think they understand how it works, when they simply don't after a few noteventechnical questions. Seriously I haven't seen people interested like this since a while.

Lets see if your attempt to keep it down will work. Too much good news, too much interest from big players, good luck and have fun.

Greece is going to default, it has been running for too long.

Not groundbreaking enough?

Voting, asset exchange, monetary system, plug-ins...

What do you need? gosh, have you seen the wallet? Compare it to bitcoin QT !

When i see the debate around the block size in bitcoin, you just can't say this. Nxt is one of the few decentralized coins that keeps innovating, over and over, despite the bitcointalk trolls.

So 2013, it's not the mtgox era anymore.

Come on, you can do better if you want people to fear and sell. The only wall i see is around 70 btc.

Well, today with the Greek April fool's joke i received an internal email from one of the people in my company. It was another april fool joke using bitcoin, it was sent to the whole company.

Mainstream? It's starting, let them laugh, my first reaction was to send the guy a bitcoin Tip. Funny day.

Yeah, just like Bitcoin is waaaay overpriced ! 19Millions of them in a few years, that's too much.
Stupid thinking. This has nothing to do with the price, Bitshares has 2.5 billions, it must be crazily overvalued.

Network, tech, Whales, exchanges manipulation, early adopters make the price.

From the news section :

MULTI-SIG * With the integration of BitGo multi-sig technology, Bitstamp is now the first and only major bitcoin exchange to incorporate the industry's best security practices available today.

COMPLETELY NEW HARDWARE INFRASTRUCTURE * The Bitstamp systems are running on 100% new hardware deployed from a completely secure backup of our code and data.

AMAZON WEB SERVICES * Bitstamp is now running on Amazon’s world-class AWS cloud infrastructure, architected to be one of the most secure and reliable cloud computing environments available.

COMMISSION-FREE TRADING * As a note of thanks to our loyal customers, all transactions conducted on Bitstamp through the end of the North American Bitcoin Conference -- January 17th (at 11:59pm UTC) -- will be commission-free.

Voting for Dr.Kimoto : https://bitcointalk.org/index.php?action=profile;u=123048 /

I have a feeling that support from a company or one move from a state will change the game.
ETF, Changetip mass adoption, Paypal , i have no clue what will ignite the next growth stage...

In 2014 the network strengthened itself a lot, the number of bitcoin startups is climbing every day, if this is not a growing technology what is. But it takes time, and this year did not break bitcoin as a medium of exchange and payment system. But it was a bad year as a speculative investment if you just bought in.

So yeah, i'm pretty confused about the trend right now, but bottom might have been found. What else can you expect after a year of gradual decline? A new high in a matter of weeks? I would prefer a stable period of growth. More and more people get the bitcoin bug each day.