I'm interested in purchasing a largish number of shares (100's) if there's anyone who would prefer an off-market exchange to avoid slippage. PM me.

No, what makes it valuable right now is the possibility that a lot of people in the future will desire it as a store of value.


The market prefers commodities that are both scarce and durable to act as money, all else being equal. Bitcoin manifests these properties even more perfectly than gold. You can argue about the macro-economic effects, but in the end, it's what the market will choose if given the option.

I think if it just says "currency", they are referring to the FinCEN definition of currency, which excludes "virtual currency".

I think you might be surprised how much political power the people who monetize government deficit spending have. Can you immagine a government that is restricted to actually taxing it's citizens to pay for wars and social programs? And not income withholding either... it will likely have to be funded entirely by taxation that doesn't involve self-reporting, like property and inventory tax.

Where's the upvote button?

I came across this blog post that explains how major exchanges set their fee schedules to promote liquidity:

http://blog.bitcointitan.com/post/25759461251/maximizing-liquidity-through-the-make-or-take-model

Yes, but it will happen much faster if users of national currencies can use the existing systems they are comfortable with to move value in and out of bitcoin. The name of the game right now is go mainstream as quickly as possible before they get their act together and realize what's happening.

The ECB already wrote that report promising "Further action from other authorities can reasonably be expected in the near future."

The one thing in bitcoin's favor right now is how quickly it's legitimate use is growing. Anything to hurry that along can only help.

go to "funding options" -> "withdraw funds" -> "Bitcoins"

Restrictions are no fun. Freedom for all!

Hello all. Bitcoin is relevant to my interests.

I'm a mobile developer interested in working on a development project involving fellowtraveler's open transactions platform. I would like to post in the development forum in reply to a bounty he's offered. I registered on the forum today specifically for this purpose.

mobile developer here. interested in working on some BTC/OT projects.