There sure seems to be a ton of bitcoin articles that show up on HN, with many of the same usual subjects showing up to comment as soon as they're posted. I know you guys want to drum up as much interest as possible in bitcoin for the obvious reasons, but it comes across a bit spammy/scammy at least to me.<p>Besides, if you really want people to set up shop trading things of actual value for BTC you're going to need to get the bullish forces under control so that you don't have this runaway strength in the currency. Promoting it so heavily looking for those slashdot type bumps in the value makes the community come across as just a bunch of greater fool theory speculators.
For those who don't know what Bitcoin is:<p>It's an open source P2P cyrptocurrency.<p>Here are some helpful links to get you started:<p>1. <a href="http://bitcoin.org" rel="nofollow">http://bitcoin.org</a> - The main site<p>2. <a href="https://en.bitcoin.it/wiki/How_bitcoin_works" rel="nofollow">https://en.bitcoin.it/wiki/How_bitcoin_works</a> - How Bitcoin works<p>3. <a href="https://en.bitcoin.it/wiki/Getting_started" rel="nofollow">https://en.bitcoin.it/wiki/Getting_started</a> - Getting Started Guide.<p>4. <a href="https://en.bitcoin.it/wiki/FAQ" rel="nofollow">https://en.bitcoin.it/wiki/FAQ</a> - The Bitcoin FAQ
How do you avoid a deflationary spiral (same issue as gold standard)?<p>You can kind of get around it by continuing below 8 decimal places but it seems like a potentially fatal issue as the bitcoin economy expands.
I've been seriously considering purchasing 18000BTC as an investment. If bitcoins catch on in the next ten years, 18000 will be equal to 0.1% of the total available currency.<p>Just wish I still had the money to do that (startup is busy digesting whatever I had)