I have this thing called KNC Neptune - with 5 cubes, control board & wires.
I do not know if it's working or not.
Currently, I don't have high-power PSUs to test it.

I've tried listing it on Ebay with no reserve, but they declined...
saying some BS about not allowing it because of payment terms of use...

My questions, should I even bother?
Does it worth anything?

If you want it, let me know.
(though, you are paying for shipping, it's huge and heavy)

Not hard at all. Ignored.

Bytme, you are not understanding the most important characteristic about Bitcoin - limited supply.
Apart from being decentralized, that is THE most important thing about it.

Interest, and especially compound interest, do not play well with limited commodities.
However, there is a possibility to built a derivatives market where Bitcoin will the reserve.
Within that market one could have interest bearing instruments.

Otherwise, your idea is just as ridiculous as promising compound interest in gold market.
Where is the extra gold (BTC) would come from? Duh...

Better for who? It would certainly better for Bitcoin.
But would it be better for government? Of course not.

On the same note... why would government do ANYTHING better for Bitcoin?
They are very dependent on dollar and powers it brings them.
You want them just to give it up and use something they have no control over...
Yeah, right, not happening.

First of all, OP is a drama queen.
Second, same as everybody else, he lacked the balls to actually do something "substantial" when it was required.

What if I tell you that you would get $1m in 3 years if you invest $8k right now?
Would you do it? No you wouldn't!
That's exactly the reason why you wouldn't invest $8k in BTC in 2012.
Basically, you still have the same problem right now as you've had 3 years ago.

The guy is an attention whore.
He gets his fix by talking nonsense sprinkled with controversial bits he found on Internet.
However, otherwise he is clueless about markets and currencies. Don't feed the troll.

Price falling because Supply > Demand.
The real question is WHY Supply > Demand.

It's unlikely for Demand to drop drastically in short period of time.
Therefore, the main suspect is Supply.
What could be a reason for Supply to increase drastically?
GenTarkin's hypothesis of miners needing to sell more coins to cover costs is plausible, but unlikely.
Miners are not stupid to shoot themselves in the foot by over-saturating the market.
More likely is that somebody is dumping a great number coins (possibly in distress).

P.S. Also, some large miners quitting is a good thing for me - they quit, I get more coins.
I don't care what they worth in fiat right now, I hold them for a long run.
P.P.S. To all 51%-attack-phobists, even if 90% of miners drop out, this attack is still very improbable.

I personally guarantee that there will be 3.5Th - no matter what the price is 
Yea, any my equipment is has already paid off.
Yea, and my electricity is free.

Is there any proof that author of this book actually knows what he is talking about?
What makes one an expert in crypto-currency?

- Number of posts on BitcoinTalk (certainly not)
- Number of years dealing with crypt-currency (certainly not)
- Number of trades on the exchange (certainly not)
- Number of contributions to source code (helps, but not)
- Years of reading/learning about it (helps, but not)
- Year of mining crypto-currency (helps, but not)
- Launching your own crypto-currency (not)
- Being a member of some crypto-currency board (not)
- Running successful crypto-currency business (not)

^^^ all of the above = maybe
What did author do? My guess, not much of listed. Therefore he is not an expert.

It's like having a huge vault with 3 feet thick walls of steel and an unbreakable lock, but instead of storing your money in that vault you put them into a card box next to it. In fact, you are the exact opposite of paranoid - Pronoid

... says who? CIA? NSA?... Right... Those two are really trustworthy...

The logical fail of OP & NY regulators lies in the premise that "if something is bad, it needs regulation"
The supporting argument being: "look, something was bad, then regulation came out, it is good now"
This original premise is considered to be the "universal truth", when, in fact it is not.
Because it is considered a "universal truth", they cannot see any other ways to fix it.
For example, they could just leave it alone and market forces will fix it.
REGULATION IS NOT THE ONLY WAY!

Yeah, no. World doesn't.
In fact, most of the world looks at US to see how NOT to do regulation...

Not a fan of banks. But you will have to agree that banks do a lot more than money transfers.
It would be more accurate to compare Bitcoin to Western Union locations...

Is OP trying to say that free market is bad? 

Good one! 

eGold (closed by US government)

Double face-palm.

5% of population != 5% of world's business

But, yeah, screw those Yankees...

The real reason is because it's difficult to understand and use.

IMO, these threads contain very little quality information.
OP uses many words to convey negligible amount of info.
This should be moved under "speculation" or "baseless name calling"