if it's devaluated, that means cheap electricity, so they can convert their bolivar in watts, and their watts in bitcoins
How does it mean cheap electricity? The income (in bolivar) of the population wouldn't magically rise, even fall (in USD). Their savings would be devalued. Even with electricity cost staying the same (in bolivar), which is unlikely because the power company probably depends in some form or another on stuff they have to pay in hard currency, it doesn't magically become more affordable, does it? |
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Everything that ever made things better is people who didn't really (even if they maybe count themselves as one of them) care about any of these, but actually worked together to make things better. I mean that's the foundation stone of civilization, but goes even deeper. Humanity emerged as the dominant life form because they worked together. Of course others do too, but we have a great number of thinking individuals that are awesome and communicating (sharing data for all the geeks.  ) and reach goals because of that. What? You're saying file-sharing is the basis of humanity? Cool! |
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Dividend ...
A little later than usual because GLBSE was down this morning when I tried.
are we surprised?  i wish i had a few satoshi for every time glbse seems down for me ... but otherwise it's great fun, experience and also the support is great (i needed it already) It has been a lot worse with glbse. Down for day, up for one, down for days again. |
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gibt's einen thread wo wir das passend dikutieren könnten? Ist vielleicht nicht viel dazu zu sagen, aber vielleicht doch... die Sache mit dem "Regression Theorem" ist mir jedenfalls nicht ganz klar.
Vielleicht könntest du nen thread machen für dieses video und dann diskutieren wir das? Was meinst du?
lol. I'm sorry guys. I screwed up. This was meant to be sent a a PM to lonelyminer but I accidentally posted here. I tried to no spam this thread... and what did I do? |
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I continuously buy MM shares, mostly every week, prices have always been around 0.13-0.14, never over 0.14 for long time now.
I can confirm that. I've been buying (0.125 to 0.13) and selling (around 0.14) over at least the last 6 weeks. MergedMining is undervalued compared some of the other mining contracts. It offers roughly 39% ROI per year (without reinvesting, with reinvesting it'd be 47%) at current ask price. FPGA.contract and JLP-BMD offer only 28% and 25% respectively (JLP-BMD still exhibits unstable dividend payment, so that value is not to be viewed as solid yet). At current dividend levels, a ROI of 30% would still be reached with a price of 0.1733 BTC per share. (disclaimer: I own MergedMining shares) |
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Robert Murphy, a prominent economist of the Austrian School talks about Bitcoin in a youtube video: http://www.youtube.com/watch?v=wyUNdzLwte4&feature=player_detailpage#t=900s, between about 0:15:00 and 0:31:50. It's the most thorough treatment of the Mises' Regression Theorem with respect to Bitcoin from a professional economist that I know of (I've been thinking about this for months and my opinions are very close to those of professor Murphy). He mentioned Bitcoin in the past as well: http://www.youtube.com/watch?v=ZsciXd1EH50&feature=player_detailpage#t=1437s. Just to explain where he's coming from, Professor Murphy as well as the rest of the Austrian School criticise the production of money through the central banking and government interference in money (e.g. legal tender laws), and most of them are sympathetic to money that has an inelastic supply and an economy with a falling price level (i.e. what colloquially is referred to as deflation). George Selgin (whose draft paper that refers to Bitcoin was published two weeks ago and was mentioned on the forum here: https://bitcointalk.org/index.php?topic=62659.0) as well as Detlev Schlichter (who wrote about Bitcoin in June, mentioned here https://bitcointalk.org/index.php?topic=1958.msg314375#msg314375 and was at the Bitcoin converence in Prague) also belong to the Austrian School. gibt's einen thread wo wir das passend dikutieren könnten? Ist vielleicht nicht viel dazu zu sagen, aber vielleicht doch... die Sache mit dem "Regression Theorem" ist mir jedenfalls nicht ganz klar. Vielleicht könntest du nen thread machen für dieses video und dann diskutieren wir das? Was meinst du? |
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zhoutong, I think the interest to pay for borrowing is way too high. I planned to wait for my long position to become profitable again (could take months), but with such enourmous cost, waiting doesn't seem to be such a good option any more so it's probably best for me to take the losses and run. I'm not even leveraged (if I include my BTC balance also), but the interest I receive is way less (no interest on my 50 BTC at all) than what I pay for holding the position. Two questions: - Do you plan to lower the swap points (as in change the formula to calculate them)?
- If I put enough USD in my account to put leverage below 1:1, will I still pay to lend money for my positions?
other than that: keep up the great work, I think what you're doing for bitcoin is good and you're doing it in a respectable way. |
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Dividends have been paid for the week of 2/6/12!
As promised, I chipped in 4 BTC of my own to bring our earnings back up to typical levels.
that was very generous from you. I'm surprised and thankful I must agree, this is not "usual" and I would probably not do that myself. big karma bonus for fizzisist. |
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I assumed that someone with this amount of money would subscribe to the S3052 newsletter.
Maybe someone with this amount of money writes the S3052 newsletter ^^ |
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herding behavior, you are the Shepherd and we the sheep  and the smart sheep stay with the crowd in the fold! there are wolves in the crowd   |
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herding behavior, you are the Shepherd and we the sheep and the smart sheep stay with the crowd |
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What sort of bounty is still available if I can convince the following company to accept Bitcoins publicly on their website?
Publicly traded on the Nasdaq
Stock price currently over $40
Market cap of over $500,000,000
Anual sales of over $300,000,000
Worldwide customer base.
Would greatly benefit from accepting Bitcoins as a payment method.
I guess the bounty would be a bitcoin exchange rate above $100 and a healthy reinforcement of your bitcoin hero status (you won this in my mind with your billboard). |
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i dont get this..
i can deposit btc or usd and bitcoinica gives me interest? what risks are involved?
oh, not much risk really, just the usual risk involved with trusting a random stranger on the interwebs which you should be accustomed to by now as a serious bitcoiner. (disclaimer: don't take too serious) |
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3 Months I kept my cash sitting in Gox waiting for this. 3 fricking months. I pulled it out last Friday. Now I gotta move it back. How does it know!?!
maybe better put it on bitcoinica and earn some interest while waiting? |
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any trading action manipulates the price, by definition.
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So you're paying around 0.0615% interest.. daily?
edit: this on USD
awesome! That's about 25% yearly roi. almost as good as shares in MergedMining (38%), JLP-BMD, or FPGA.contract (30%) on http://glbse.com (ROIs calculated on current market prices). I wonder which investment has lower risk associated. |
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Dears
How can i get the Date and Time of transaction?
Thank you
does this help? select to_timestamp(block_ntime) from block b inner join block_tx btx on btx.block_id = b.block_id inner join tx on tx.tx_id = btx.tx_id where tx.tx_hash = '97ddfbbae6be97fd6cdf3e7ca13232a3afff2353e29badfab7f73011edd4ced9';
this will get you the time the block the tx got in was mined |
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FTP access? Hello? EDIT: Am able to work around current problem (directory linking doesn't work with jDownloader), so I have to use the chrome extension "Link2Clip". With FTP access I can just grab all of the files at once.  (Or I can just use wget) yeah, why not just use wget or curl? that's what I do. |
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various problems happen with different frequency on glbse.
I've grown to accept it for now and refuse to worry.
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