10 Year Treasury Note is now at 3.01%: http://www.marketwatch.com/investing/bond/10_year

Can someone explain to me why this is really significant? What does this have to do with Bitcoin? I'm currently not seeing the relationship. Thank you.

I am not completely ignorant: I have a background in banking and finance, and I understand about market caps and the derivatives markets, etc. I am just asking in the form of ELI5 in an attempt to really grow my understanding. A lot of people do not really understand what it is they are writing or talking about. GOOD EXAMPLE: Mainstream Media and news reporters. Anyone can give their opinion about a topic and present it as factual, yet you can always tell someone who doesn't know what it is they are writing or talking about because their topic of conversion always is slightly or grossly off the correct subject. I know a 1.5B market cap is a drop in the bucket...(I mean they are doing quantitative easing at 85B PER MONTH right now, not to mention all the other central banks around the world also printing money!) I love Bitcoin but the 1.5B cap compared to the 85B per month QE is infinitely small; plus you still have to add in all the commercial paper derivatives stacked on and building up on top of that...etc. etc.) Really, big finance and banks have everyone so deceived they don't really give a care about Bitcoin. People want Billions instantly, rather than wait for Bitcoin to go up a billion or two, or ten for that matter. They just build up a value and print the money for themselves out of thin air. Thank you, I digress.

We still are living under the Roman Empire. It is just not called that anymore. They invented this cursed banking system.
Even our word “money” comes from the name of the Roman temple of Juno Moneta, in whose cave-like basement the original Roman mint was operating.

That is strange. He is a model?

The real issue to understand is where the super-exponential growth is coming from; what is the factor that is the main driver causing  the exponential growth.

For example: Is the underlying cause for this exponential behavior (up or down) "debt" related? If it is debt related, then it is artificial, it is manipulated, it is an illusion. On the other hand, if it is not caused by debt, but rather natural market forces, and "not leveraged", then there is no reason to believe that the growth is in any way artificial or unsustainable, in reality the price at any moment would reflect the "true" price; thus, bubbles would essentially not be formable. Basically it all comes down to debt and leverage. Debt adds risk. The more debt-leverage involved, the more the debt-related risk associated with it, exponentially. Most people are deceived by debt because they just look at the money, and they forget to think about risk. If you want a stable financial market, eliminate ALL debt. This means you have to actually save money and be productive in order to create wealth. Debt is borrowing money that you don't have...essentially it is like a race analogy.

Race Analogy: The person with debt "jumps the gun" and runs out in front of everyone else and gives the appearance of being a better athlete, yet he is not any better than the rest, and once it if finally discovered when they review the race....they have to start the race all over again...Once it is discovered that someone used debt and are not paying it back, there is a financial crisis and a "reset" of the financial race.

It may be that people are waiting to see if the FED scales back QE or not. Might be another week or two before we see real volume. A lot of people may be sitting on the sidelines atm. In my opinion, they are not going to taper QE, it will keep on happening. So once the FED report comes out that they are going to continue QE for now, people will probably buy into bitcoins. Thoughts?

Observation: Bitstamp currently has positive money flow while Gox has negative money flow. Interesting because the StochRSI now indicates they are both oversold. It seems Bitstamp is Bullish and Gox is Bearish.  Bitstamps "positive money" flow is larger than Gox's "negative money" flow; Seems like a battle between exchanges and looks like Gox USD volume is about even with Bitstamp atm, so Bitstamp may take the bullish lead. It will be interesting to see which way we go. Could this be a bear trap?
Bitstamp:

Mt.Gox:

"This problem will persist until no more than 288 blocks after 256818, unless another trigger transaction is added to the blockchain (which may well happen)."
    So.....its is not a fork, and it should be resolved within about 24 hours, the Bitcoin-Qt is not able to be re-opened once you close it and they are patching it. Correct?

Ask sum of BTC is dropping, bid sum in USD is rising.

I think you guys are looking too narrow, any day now we could see a blowup. The market is not very mature yet... $1.5B market cap is not much in all actuality. There really are many people out there with hundreds of millions of dollars that can severely shock the market. All it takes is someone like my friend's grandma (who has about $200 million dollars) to decide to put 10 percent into Bitcoin...and BAM! the price is driven over $1,000  instantly, shocks the whole community and market, and you will have wilder volatility than you could ever imagine.    We haven't seen nothing yet!   If you think April was volatile, just wait...   I'm sure it will happen again.

LOL yeah! Well the people I know are of the kind of personality that would so something like that (buy $20 mil market order) just to see the affect and have fun with it haha. I'm sure they'd get a good laugh about it. Although she is the kind of person who has her assets in money markets and stuff, and is not so risk averse, so it might not happen anytime soon until she passes away or something and the inheritance is passed on to her children/grandchildren.

I am seeing a repeat of last year; And I doubt we will ever see prices around 50 again. I'd say we are on track to see 200 sometime in November.

According to the FBI, the DDoS attacks are to be expected because it is almost 9/11. Apparently they say there is a 2 phase IT/Cyber attack being planned and orchestrated. Maybe some of the attackers involved are performing a DDoS "test" run on Mt.Gox.

Interesting BTC is dropping, while Peercoin is starting to gain volume on exchanges like Crypto-Trade.com just released trading PPC 2 days ago.
PPC is starting to make gains to catch up on BTC now. It will be the curreny Bitcoiners switch over in the event Bitcoin ever suffers a 51% attack since it's compatible with ASICs and uses the same hashing algorithm, I guess it's just a hedge for fear of 51% attack.

Indicators are meaningless when the Chinese are just printing fiat money infinitely. You have to keep in mind the Chinese have been printing unlimited amounts of fiat at a faster pace than anyone else, but try to prevent it from leaving the country on the official fiat money exchange rates. They will try to maintain a fiat exchange rate fix as long as possible, so they maintain purchasing power, but it is really just like Monopoly money to them. Bitcoin/crypto may be a way of escape.

Or, this version!
Everyone Sleeping, while bitcoin Lion
https://www.youtube.com/watch?v=mwy5uqemp6c

8,800 Incoming... I said it before, and say it again:

Indicators are meaningless when the Chinese are just printing fiat money infinitely. You have to keep in mind the Chinese have been printing unlimited amounts of fiat at a faster pace than anyone else, but try to prevent it from leaving the country on the official fiat money exchange rates. They will try to maintain a fiat exchange rate fix as long as possible, so they maintain purchasing power, but it is really just like Monopoly money to them. Bitcoin/crypto may be a way of escape.


8,800? I mean why not right?

China doesn't give a shit, they just print more money, and keep buying. over 8,800 now!

8,850 Why not??? Just print moar fiat! No problem!

Since this is a speculation thread, I'm calling 10,000 in the next 24 hours... Grab (another) bag of popcorn folks.

Keep in mind hitting 10,000 is "only" 13% more now!

Limitless Unrestrained money printing via fractional reserve banking = Loss of purchasing power. Even with the fixed exchanged rate of CNY/USD. The thing is it is a fixed exchange rate = fake exchange rate; if all restrictions were lifted and we had a free market exchange rate what you would see is exactly what your are seing in CNY/BTC.

The fixed exchange rate is about to break..... or is already breaking.

EDIT: Central bank can only hold the fix so long. They are already tapping into hundreds of billions reserves to try to hold the line (fix).

Wow. I was totally wrong. Haha.