Demand. Nothing else.

It'll be over $1000 pretty quick. Big surprise. Not really...

It was only supposed to be a proof-of-concept. This is supposed to be an example of a personal and/or small community bank, not a global overlay network! The NEXT phase was to be an "interac/plus/cirrus" type overlay network to connect the "banks". It was NEVER supposed to be THIS.

Fuck. Wait until the REAL THING is released into the wild! :D Bitcoin will seem quaint. You ain't seen NOTHING yet.

bitcoin is problematic. it has transparency features which promise anonyminity but I believe there is no such thing considering when one pegs purchasing tendencies to a number it doesn't take much to figure out who you are. it is nwo bait, and I'd be very wary of it, especially with how volatile the market is, and where this demand is coming from. bitcoin is the stock market fraudster's wet dream, the evidence of it doubling in value overnight or dropping down to almost nothing over night (like it has done a number of times already) that it is a dangerous system. i don't trust it, and when it's value gets big enough I am certain the plug will get pulled on it leaving people stuck with worthless binary data entries. Anyways when people fix the stock market there are regulations that try to prevent it. I am wondering, what regulation prevents such things with bitcoin, that any number of elites could pull off on their own liquidity even (some of them)

It is NOT anonymous. Never has been. Please review: http://youtu.be/gQoykhNoBbY

sure, a man invented it who has a fake identity. nope that ain't anonymous, the guy just does not technically exist. it was heavily promted by anons, funded anon, and perfect for a black budget. they made a fortune off bitcoin being one of the earliest of adopters and miners of it. who do you think you are fooling here?

how about the photograph of the inventor then? post it here so we can all see it.

How about you actually watch what I told you to? That will remove the shit-stain that is your "expertise". All YOU are doing is screaming that you have NO clue what money is. Now would be a good time to shut up and read.

Seriously. Shut up. Your posts are content-free. I'm leaving them there so you will look stupid, but I have no need for any more.

Ryan Elson now forces me to clean up any bullshit his babblings may spawn in your empty little heads. Bitcoin is not SUPPOSED to be anonymous. Only the ignorant have EVER claimed that it was. QED;Ryan. ;) Now. When I say "create your own currency", you now see an example; Bitcoin. If YOU have your OWN "CluelessCoin", and I have "ScottCoin", and we build an overlay network to act as a virtual interchange network. CluelessCoin can now buy from people who accept ScottCoin. Get it?

Oh,and Ryan Elson - Before you start spewing crap like "nwo bait", know that I view you with such contempt, FOR THIS REASON! IF you had anything resembling a FUCKING CLUE, you would download the FUCKING SOURCE CODE, and FUCKING SEE FOR YOURSELF instead of polluting MY FUCKING FORM with your pseudo-knowledge. How much cryptography have you studied? (Any answer other than "none" is a lie, so that was rhetorical) I've studied a shitload. That's why I take your profoundly ignorant statements as so offensive. Your ignorance DOES NOT equal my knowledge.

seems pretty straightforward

Ryan! I have the source code to the latest bitcoin library opened in my favourite IDE. I can zoom to any part of the code! Please WOW me with your profound knowledge and show me where the NWO stuff is. What? You can't READ the source code? But you are SUCH A FUCKING EXPERT!...

Seriously. WHAT thought process gives people the hubris to presume their ignorance is JUST THE SAME as my knowledge? I Just don't get it.

Here, with Ryan, is another clear example of why ALL FORMS of BELIEVE are evil. Believe: accept that (something) is true, especially without proof. BELIEVE assigns VALUE to IGNORANCE, regardless that in REALITY, BELIEVE stands in the opposite direction of KNOWLEDGE. BELIEVE subtracts/eliminates VALUE from KNOWLEDGE. Therefore, someone with BELIEVES will "believe" that their IGNORANCE (believes) will magically trump KNOWLEDGE. That is part of why ALL FORMS OF BELIEVE ARE EVIL.

Here is another kicker... knowledge is a deeply seated belief backed by facts.... another mind fuck reach around... However if one realizes that it is malleable and fluid and can expanded upon by collaboration IE: Bitcoin. Then ... well fuck everything changes from within... A change of MIND if you will...

berkshares.org sinse 2006

BTC at 5 cents :P

And understand money. When they say $400 = 1 BTC, they are saying that at the moment BitCoin can DISCHARGE $400 worth of debt. The US Dollar is DEBT currency, remember.

That is not what gives it the VALUE. Its VALUE is that you have the BENEFITS of banking and none of the drawbacks and/or liabilities.

So, in essence, CluelessCoin and GirlBrainCoin could accept/exchange with ScottCoin via overlay networks which would mean we would all be our own banks?