Ruxum bitcoin value

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You can't easily change btc anonymously to USD and reverse You can't pay amazon with btc The prices are not stable at all You can't expect normal people to construct a hidden network of btc-trading when it's illegal to use btc, can you?

I personally wouldn't trust many of my friends because they may be to naive. The thing I don't understand is that on Mt. Gox, it says that the bitcoin is a commodity? State needs control, state loses control, state enforces control.

But maybe I'm to pessimistic now. With bitcoin, who exactly do you prosecute? How exactly are going to prosecute someone living in africa or russia who owns and operates an exchange?

I agree, if btc continues to grow the way it is now, we will see a "noob friendly" system in that time. BTC is going to be known as a historical game changer for online retailers in the future.

Gregers on June 12, , I thought the reason bitcoin's USD value dropped so drastically was because SilkRoad was closed to new registrants since the peak at Being able to buy life's necessities in your local market in countries around the world would make it a legitimate GLOBAL currency. Can you buy bread in Ireland? Eggs at the market in Thailand?

The question is how to get the masses to use it Ruxum on June 12, , Please donate bitcoins so I can buy more tacos: It's all about educating people.

It takes a while to explain to noobs about cryptography, proof of work, anti-inflation, peer-to-peer transactions etc; once they "get it" they get super excited about the potential.

But most people just don't get it yet, even the libertarians who should be super excited about it don't seem to get it -- see Lew Rockwell's post here: This document is a comprehensive guide to using the Quandl API to access our free bitcoin data. With numerous software packages, including R and Python, Quandl is the easiest way to find and download historical Bitcoin prices. You can view up to date Bitcoin market data on our Bitcoin Markets page.

This page is a tutorial on usage of the API to access Bitcoin data. For general help, see API.