block is gonna halve soon, everyone knows this is purely speculative/silk road driven, no reason to think it won't go ridiculously high even if it makes no sense, can be used on a small scale between people in far off places, love the idea, won't ever get past the underground designation, doesn't mean you can't profit huge off of it, I did last year.

let me amend that, they encourage you to use the honor system in regards to bitcoin, my apologies

http://blog.turbotax.intuit.com/2011/07/18/bitcoins-the-taxless-currency/

turbotax specifically had a blog post which encouraged dodging taxes using bitcoins

fuck i hope it's not an issue, already bought a house with some of it

Thanks, went through instantly

are dwolla withdrawals taking awhile again?  it's only been a couple days but prior to this I was used to seeing the deposits show up in an hour or less from mt gox > dwolla

pretty sure this guy is trolling

bump

I'd love for it to shoot up again, but you guys are insane, it goes down 6-8 bucks over a week then comes back 5 and you think it's rallying.

it's unhealthy thinking

curiosity

i'll hold once it drops enough to buy in again, for now happy to get out when i did

bitcoins are still up like 800% since april

Just look long term, buy low to cut your investments, ride it out long term

I think #5 is the biggest risk

A BTC with govt or corporate backing with an infrustructure already in place.

nope, BTC are produced in the same amount approximately all the time

all that would happen is difficulty would drop and miners would get more coins apiece.

i have a buy order at $5 but i'm watching closely to see if that's even too high

who knows.

i am still using dwolla to cash out, have not personally had an issue yet

and I still believe in bitcoin, just getting a major correction right now, still nothing like it in the world.

pretty cool to think that i bought ~ 1000 coins in april for $1500 and I might be able to still have 1000 coins along with $25000 USD in the bank here in August.

selling in the high 12s looking ok now, but man i had a lot of trepidation with it

then again maybe it'll bounce back up, shits crazy

i'm pretty sure the client has been downloaded over 300,000 times or so, maybe more by now.  I think you can track it from the download sites.