Hi dear forum!
It seems i have been right with my predictions ;-)
Which brings us immediately to gambling in general. Without a general human need to gamble places like Las Vegas, Macao and others would surely not exist - an ample supply of flashing lights, magician shows and pale booze can be secured at other destinations.
And as always when it comes to public eye - everybody is surprised that apparently more gambling has taken place than anybody previously thought. (Any similarities to publications about global spy networks are purely by chance).
For Satoshi Dice it has been enough to put out a fair market-price of 126.315 Btc (source), though i do hope that future investors into the Bitcoin business will hold back a bit with their plans. Yes it would push the price through newly invested money in the short run, but without a broader userbase the only people using the coin will be themselves. Thus creating "a bubble to be" as the other vital market ingredient - the user - is neglected. More apps need to be provided to make BTC everyday-friendly for the normal user. One updated wallet app is not going to cut it in the long run. Sadly enough we also had to read about more leaks in current operating systems and apps such as the unencrypted mail password saving function in Blackberry devices (source) or Androids notorious saving of your wireless LAN passwords (source). Things like these do encourage the normal user to tighten their security - they resign in the face of overwhelming threats.
Business-wise i am happy to see that more and more providers emerge to offer Bitcoin payment interfaces for online merchants and other services.
There will be a few more coughs and hick-ups along the way, but that's quite normal if your are the first with something. Now backed by even more other crypto-currencies Bitcoin is even less likely to vanish from the market, given that the investments made into Bitcoin give trust and credibility to crypto-currencies as a whole.
If you have an own opinion about this - and i hope you do - you're welcome to post your outlook at BitBet and see it become a statement people can wager Bitcoin on ;-) (source)
The most scary and the wildest fantasies of Bitcoin are brought together here, voiced by the users and you can quite legally take a bet on it.
In other news: Yesterday i had contact again with my supplier and was promised my tracking numbers on the new Butterfly ASIC's - As soon as they arrive i will update you with "Tim's Miner Test Of Scrutiny".
I also would like to inform about coin-inc.com again. A witty Bitcoin collector that i helped devise.
Hence my appeal - Coin-inc.com is currently in open beta phase and is tested to breaking-point during this period. We would like you to be part of this as the tool is supposed to be for you hunter-gatherers and it's ease our aim. Please leave us feedback in the comments here. Thank you
Until then:
Stay safe, happy mining and see you soon forum!
Best regards,
Tim
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