That's about what I'm guessing:  $2500 ± 500

computer says no! :

Defaut minecraft, with "world edit" mod.

@ServStrong,

My daughter wants a small minecraft server, she has a question:

If she gets the cheapest option; will she be able to transfer her built world without problems if she upgrades to the next option?

I like to think I'm as objective as you can get and strive to be machine like in my thinking. But nonetheless, the silly monkey in me thinks bitcoins are too expensive. I mean I know they are divisible down to one satoshi, but that unit's too far the other way.

The core animal brain likes to think in "real life" tangible units, 1 apple carried in one pocket for one snack.

You tell a new person about bitcoin, when they find out just one costs $500 they think "holy shit I cant even afford one right now". People like to "own" at least one of something.

It's completely irrelevant from an engineering perspective, but as these tokens are designed for use by apes; psychology is very important.

A new fraction with a new name is needed.

Putting a fee on shipping was a response to sellers listing things for 99C with $30 shipping in order to circumvent fees. This practice went on for years.

Indeed, in fact that's how banking evolved historically;

Goldsmiths had a secure vault to hold their metal, villagers would pay a small fee to the goldsmith if he kept their modest holdings in his safe.

The goldsmith would issue a certificate with fine wax seal and signiature for proof of holdings.

After a while the goldsmiths realised that the villagers never all withdrew at once, so he began to use a small amount of their gold to finance traders in the form of loans, he collected some of the traders profits as interest on the loan.

But what about the villagers now, well they were happy as long as they could collect their gold with their certificates.

Trouble only happened if all villagers tried to withdraw at once only to find the safe a little short. After a few goldsmiths got killed, the goldsmiths started to cover each others asses, if a smith from one village had a mass withdrawal then the other smiths would cover it.

Then over the years the banking industry evolved to what it is now.

There's no reason that bitcoin won't become the same.

However we can rest easy knowing that the fiat game is not possible with Bitcoin. Luckily Bitcoin can progress no futher than a fractional reserve system (like Bretton Woods).

No worries, I was wrong, he actually signed off 11110 shortly before his death, the order remained on the books but subsequent administrations were never aligned to use it anyway, it enabled government to take over monetary issuance and policy during any time of emergency. 11110 was eventually removed by Reagan during a quiet "clean up" operation of old orders.

http://en.wikipedia.org/wiki/Executive_Order_11110

Of course in that wikipedia article they say any relation to the assasination is a conspiracy, but just follow the yellow brick road (gold) to get to the truth.

Back in march 31st I said June 1st ± 1 month:
https://bitcointalk.org/index.php?topic=548544.msg5993664#msg5993664

I still think we have a few weeks before lift off, a good chance it will continue to trend up until then.

For small time things ( like cannabis law ) you are right.

But for big things, like monetary policy, even national governments are only a subset of the complete organisation.

Governments have to follow the designated path for monetary policy, or else suffer the fate of JFK, he was shot shortly before announcing a move that would be to the detriment of the federal reserve bank, not a conspiracy theory, publicly available facts.

I assume many speak of "the government" as being the highest level of political organisation, but governments do answer to higher entities. Hence some speak of "the powers that be" or "the system" etc.

The FED has nothing to do with the US government really, it is a completely private commercial entity that charges the government ( via citizen taxation ) for its operation.

Is OPs bitcointalk account "PolyCoin" associated with polycoin.io ?

If so then it's pretty weird he would spread FUD about BTC ?

polycoin.io is a service built on top of bitcoin that provides instant verification ( charging 1% to merchants ).

someone edjumacate me...

Ebay should only store a one way hash of CC numbers and passwords.

Should only store the last 4 digits of CC as a number in the data base.

But then again, they might have fucked up?

Polycoin is pro bitcoin, it being built on top of it.

http://www.polycoin.io/

This is trollvertising!

Go PolyCoin!

Chances of Bitcoin falling to $1 are slim to none, OP is befuddled if he thinks that is certain.

But having one unit be worth a few hundred bucks is off putting to new users.

1 bit (1µBTC) sounds good, it would give Bitcoin a $21 trillion market cap if we wanted to reach $1 per bit.

Admittedly that sounds way too high on first hearing, but it's perfectly achievable as current global household wealth is around $250 trillion.

OK, thanks.

OP is correct, I have also heard rumours that bitcoin will soon have a divider applied, it's purely a language thing, one satoshi will still be the same, the new bitcoin will be 1 current millibitcoin.

The divider will make "coins" seem reasonably priced again.

Currently noobs and kids think "holy crap, i can't afford even one bitcoin, screw that!", but when they can get one for a dollar they'll do it.

@StrongServ

You're welcome, great service you're running!

I have a quick question:

What the cheapest way to get the green https bar in browsers?

And could that be done using my personal name, or would I have to register as a real business like an LLC or something?

Recommended!

Great value for starting out with SSL.

It's the first time that I've installed SSL on a site, it was easier than I expected. Weeee

ServStrong validated quickly.

Then Comodo validated within a couple of hours.

Then I fiddled with Apache for a while and:

IT WORKS!

https://www.cortex7.net/

How to remember:

They're --> Simply short for they are.

Their --> Remember an heir receives money, their money.

There --> A location, remember here is like there.