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Yes indeed all AMD videocards are sold out all over the world (buy some AMD shares, their Q4 will be good). http://www.cryptocoinsnews.com/2013/12/11/cryptocoin-mining-caused-worldwide-shortage-amd-radeon-graphics-cards-gpu/ Good thing is that the Litecoin-network has grown with about 40.000...

And Swiss sees a new industry as well: http://www.coindesk.com/swiss-lawmakers-bitcoin-foreign-currency/

Just Google "Winkelvoss" and ETF. Will take some more years....

Your ignorance is stunning !

We will talk again in a few years...."mister 10000 posts"...

I agree, although the Internet is also issued by some unknown people :)

Just a quick calculation: if Miners expect to get 25 coins per 10 minutes in the year 2140. Then they need 42 transactions per second ( 25 / (0.001 x 600secs) = 42). Tough, it will be just after a 4 year jump: In 2016 miners get 12.5 coins (instead of 25 now). Then they already need a mature...

For now: yes. But you will see in a few years (probably earlier) that Billions of 3e country citizens are going to use it. This because they have no bank-account (cannot get it) and have no credit cards, but they all have Mobile-phones and have a need to bank themselves, and exchange money for...

Yes, he doesn't understand that "intrinsic value" should be read as "usefulness value". luckily BERNANKE thinks otherwise: Bitcoin 'May Hold Long-Term Promise'. http://www.businessinsider.com/ben-bernanke-on-bitcoin-2013-11

One reason more to dump those CC-firms !!

First: the number of coins mined per 10 minutes are more or less fixed. It doesn't matter how many miners are hashing: currently there will only be 25 coins each 10 minutes. And each 4 years this will half (so in 2012, you got 50 coins, in 2016 the miners will only get 12.5 coins). This is...

in all cases: Bitcoin-fees are zero or much less. 2. The cost is transferred to the costumer, because there is cost associated with getting BTC in the first place. (bank money transfer etc.) No the retailer has none, and doesn't get BTC at all !!! The payment-processor is in between...

If BTC reaches 1% of Gold's market-cap, it's price would be 7000 USD.

Yes sure.... it takes a few PC's to corrupt it with a 51% attack... then you have a dead coin, worth nothing at all... You simply don't understand that you need HUGE computer power with thousands of Miners to create a stable and valuable coin. Please do your homework...

Well, this crypto currency phenomenon has 3 faces: 1) a currency 2) a commodity 3) a protocol (as a decentralized P2P financial transaction network). And this makes it so hard to understand and grab. It's useful (and thereby valuable) is so many aspects. Currently BTC has more commodity...

With the billions I meant the current market-cap of Bitcoin alone. I think that about 500,000 coins are lost, and still 11,500,000 BTC in circulation. Makes: 11,5 ml x 750 USD = 8.6 billion. The BTC-network itself is about 7900 TeraHash. With an average price of 10 USD/GigaHash, it's about...

I agree to most of your points. Three things to add: a) transaction-fees will become a significant source of income for miners, if the coin becomes mainstream (this will keep the miner in this network). b) a new coin has risks for miners. Not only the coin-price is even more volatile than...

The retailer doesn't have to pay (at least) 3% to the CC-company/Bank, as Bitcoin is free. And yes: BitPay will give them zero risk by immediately BTC->cash exchange (BitPay asks a small fee). For a small retailer, this is a huge benefit. Further the retailer gets a lot free publicity when...

Bitcoin isn't backed by anything but its usefulness. Some respectable analysts try to value it (these links) but if you asked me: none of them can even slightly image how useful it will be in future (it's like the Internet back in 1990...)...

You clearly don't understand what takes to create and maintain a solid and safe to use decentralized crypto-currency network. It's for a reason why we trust BTC, and put billions USD in to it. It took 5 years and hundreds of millions of USD to built an unbreakable solid network and cannot be...