No, there was a Newbie section where newbs had first to educate themselves and earn some activity points to be able to go to Speculation trollbox section.

I want to have part of my payroll in BTC once bitwage.co is available in Europe. I don't mind monthly volatility coz I will be spending my bitcoins for non-vital services/goods and entertainment.

Bitstamp opened

Assuming Bitstamp might go online soonish, are you still comfortable to trade there?

And what about 50M NXT hack incident at Bter exchange? Luckily they were able to buy most of them back.

Everything that has value is a subject for hack.

My thoughts exactly. Originally I wanted to withdraw fiat, but now seeing a price difference it's tempting to use the opportunity and buy. Then sell as soon as the price reaches other exchanges levels.

Select the most likely action you are going to do once Bitstamp reopens (considering it will reopen).

+1

We need to start with ourselves converting if not 100% then at least some part of our monthly income into bitcoins without returning back to fiat. This will have a positive effect on price. Look around, there should be enough places to spend bitcoins already, so why not giving a try?

Most likely I can't. The only option would be to rewire 20% to bitwage.co from my primary account but this would mean paying international bank transfrer fees.

And why you don't post the instructions here?

I think more people should follow your initiative. However I am afraid converting 100% of salary on a monthly basis is still risky. I would like to go with 10-20% though. Is there any way to do so?

Another concern I have are fees for this service and overall financial benefit for both me and an employer.

1) Converting my wage into BTC so I can make use of BTC infrastructure should bring me benefits over doing the same with fiat. At least it must save me transaction fees which I would have to pay if I buy anything with fiat.

2) Both my employer and me should have tax release for an amount converted into BTC as this could be treated as company benefit.

If your adoption means increasing number of merchants who accept bitcoins and immediately dump them for fiat using Bitpay service then it doesn't increase price.

Real price increase can only happen with increased demand for BTC. Good news can't guarantee this demand. Getting bitcoins as part of your monthly salary can.

I see many people here rely on a factor of merchant/business adoption, however they miss to see the other half of the picture. The actual price depends on the supply and demand where the supply side is a bit overloaded with most of new merchants dumping their income using Bitpay. There is not enough new demand coming from people to balance this equation. To fill the missing volume people should start receiving income in bitcoins on a monthly basis, e.g. on a payroll.

More businesses accepting Bitcoin mean 60-70% of them are dumping bitcoins on the markets instantaneously. (https://bitcointalk.org/index.php?topic=892955.0). Which is not quite positive.

Not really. Nobody is incentivized to convert fiat into bitcoins to pay with them for goods, if he can do the same with fiat. So the majority of users who would actually use the infrastructure are current bitcoin hodlers. Which means they are indirectly dumping them on the market, hence the price falls.

In case Reddit and Pokerstars hodl all of the bitcoin income then yes.

+1
I can't agree more. Unless people start getting income in bitcoins there will be no real benefit of having all of the infrastructure built. On the other hand it must be beneficial for an employer to have this option. I see following reasons why a firm might be interested in paying certain percentage of wage to employees:

• to decrease tax
• innovative company benefit for employees, like giving company shares as part of the salary
• raising prestige among IT population

I never used kryptokit before but wasn't there an option to backup your private key?  And how come the extention got unistalled without your confirmation? I use firefox and what I know an extension can stop functioning with a forced browser update, but not completely removed... there should be at least personal data left on your machine... seems really weird to me.

More hashrate doesn't make the network automatically less vulnerable to a 51% attack, but the distribution of hashpower does.
If I build a new pool and attract more than half of current miners to use my pool, I don't care what the hash rate is. So your point, OP, is not valid.

Under "the infrastructure" they really mean adoption (places to accept the currency, payment processors, ATMs, etc..), not the hashrate.

Prepare silver bullets. We're there again.

FTFY.

But for sure, this forum is Bitcoin oriented, so why do people expect having positive reactions about other coins?

Are they occupying the correct address?