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That's your opinion and I have no problem with that. To me Bitcoin's value lies in the Bitcoin-Protocol: the robust p2p network of hundreds of thousands of the most powerful computers in the world speaking the Bitcoin-language to each other. It has costs billions of dollars to build this huge...

surely possible... But the laundry market in dollars is still magnitudes larger than BTC. So shall we shutdown USD as well ?

I'm speechless..... but will try: You really should look at the charts before you write such utterly nonsense. My comments are in the middle of a strong uptrend which was very easily to be forecasted if you did research virtual-currencies for months. Even you could forecast that, but your...

Wow! Do you really think I have that amount of money ??

I, as an European, use Bitstamp to move fiat money in and out. It's quite reliable, very fast and doesn't cost much at all, using SEPA (nearly free). Once you have exchanged fiat-money to BTC you can move it all over the world for free and very fast. A few days ago, someone transported...

And for Charting you can use this one: http://bitcoinwisdom.com/markets/btce/ltcusd

Use the digital-currency networks ! We don't need banks anymore :) If you are in the USA, then it might be best to use Coinbase for the first-step. Buy some BTC there, then transport those to BTC-e, and exchange for Litecoins.

This one (it's the largest for Litecoin): https://btc-e.com/exchange/ltc_usd But hopefully the other big 3 will follow soon (Gox, BTCchina, Bitstamp).

well, I sold 10% of my original investment at 30 dollar last night, covering the whole investment (so the 90% of my coins I still have, are free of any costs..... let them ride ... up or down it doesn't matter). Current price is 40 though, and already on 5% of Bitcoins price. This is going...

Pump yes, but dump I don't know (yet). It's a fact that Litecoin was hugely undervalued (compared to Bitcoin). At the moment I write this, its price is $22 and on 2.5% of Bitcoins-value. If expect profit taking around 3.6% ($31).

hhhmmm.... It's going a bit too fast now. Only 12 hours ago I wrote Litecoin's price is $11, and now we are running to more than $18.... Saw some very large trades (in total 21 million traded today), so I guess some large fund-managers are stepping in (I wonder....).

In the virtual-currency market Litecoin holds all the promises to become the second most popular. - Miners don't need expensive ASIC's (yet). Every one with a PC and a good video-card can still mine Litecoins. (also those in third world countries). - Miners hoard Bitcoins, but spend...

You are fully entitled to believe that this will end bad. But it would be much better if this opinion is based on profound knowledge about the subject (just looking at a quote running up very vast, isn't enough). And I have to admit, understanding this Bitcoin thing is hard. It has so many...

Just ask yourself: do I value companies like WesternUnion, PayPal and Discover? What will be the value of a total new concept blowing away those old companies? Could such a new concept be very profitable if I invest early? Just look at this screenshot. It's current daily transaction cap of...

If you like to trade Futures you can do it here: https://icbit.se/ CME will follow in a few years :)

Ppfff.. you are just a few days old ET-account with 6 posts....how can we judge your experience.... If you do some more research, you will learn that many respectable and experienced Wall street guys are jumping in. Here a good point to start your research...

I like this one: http://www.reddit.com/r/Bitcoin/comments/1rcsht/so_about_1_year_ago_i_bought_1500_or_so_worth_of/

I agree with the phases in your chart, but not with your time-line. We are JUST entering the "Awareness Phase" which will take at least one more year, before the next Phase will start. Just walk around at any street in any place on the globe, and ask 100 people if they know about Bitcoin...

I think you shouldn't try to daytrade this thing (the exchanges are not yet ready for that). Swingtrading (over several days/weeks) might be profitable, but for me (and 90% of Bitcoin owners) it's buy-and-hold. It's an S-curve investment, and because of this you need a Logarithmic chart (see...

Pekelo, Reading back my last post, I meant: "I give up the Ponzi discussion". And about "how to value bitcoin" I like to add: I read somewhere that WesternUnion will not exist in 4 year (protocol-property of transporting money fast and for free). So if someone thinks that this will...