We haven't heard much from Elliott this month. He told me that "C will be 1.6x deeper than A, and 2012 will make June look flat."
Can someone confirm to me that this may be correct? I found this: There is a standard joke shared by technical analysts that if you were to put twelve Elliott Wave practitioners in a room, they would fail to reach an agreement on wave count and the direction in which a stock is headed.
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Until then we will enjoy decorating the R.I.P Bitcoin Grave with a lot of sorrow and speculation section forum posts.
Oh, damn... I thought this was a link that would lead to a page where I could put some virtual flowers after buying them for bitcoin. |
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The analysis is referring to the technical condition of BTCUSD only. all technical patterns point downwards.
We will alert subscribers once we see a short, mid or longterm trend change
Translation: I'm in the process of buying, subscribers will buy soon, when we're all done, you guys can start a rally.  |
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that is last news but in french of course
Audience du 13 septembre 2011 à 14h00.
Après discussion, aucun juge rapporteur ne sera désigné.
L'affaire sera jugée directement en audience publique collégiale (3 juges) le 18 octobre 2011 à 10h00 au Tribunal de Commerce de Créteil (immeuble Pascal accessible par le parking du centre commercial "créteil soleil").
La décision interviendra plus tard, environ 4 semaines habituellement (la rédaction du l'acte de justice prend du temps).
Translated on Google: After discussion, no judge rapporteur will be appointed. The case will be heard directly in open court judges (three judges) October 18, 2011 at 10:00 am at the Tribunal de Commerce de Créteil (Pascal building accessible from the shopping mall parking lot "Créteil Soleil"). The decision will come later, usually about four weeks (the drafting of the act of justice takes time). Does this mean we'll wait 4 more weeks? Was anyone present at that hearing? Magicaltux? |
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received my batch. awesome coins, they are way cool! now waiting for them to be loaded up  |
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I wouldn't put so much faith in the trendlines. I'm starting to believe they are close to useless. Bitcoin price will bottom and stabilize, and if there is to be a new uptrend it will be based on real developments and increased adoption rates.
+1 |
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Current Assets: - $347.02
- 8.98BTC
- 19.74NMC
- 2x5970s (purchase pending)
- Motherboard/CPU/PSU/HD/Ram/WiFi (ordered from NewEgg.com on 10/16/11)
Updated: 10/17/11a suggestion: could you maybe make this into a spreadsheet, with the info above contained in one row? That way, we could see changes more easily. You could use google docs or editgrid or a similar service and make the sheet publicly viewable. |
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<molecular> glbse.com offline?
<fizzisist_> i emailed nefario
<fizzisist> nefario just emailed me that he is getting on it
<molecular> thanks for the info, fizzisist
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machine is still alive, web port closed, though:
#> nmap glbse.com
PORT STATE SERVICE
22/tcp open ssh
80/tcp closed http
443/tcp closed https
noone in #bitcoin or #glbse reacts to my inquiries I'd really like to know what's up, got a lot of coins there. Well, lets give it some time... |
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why are you making a thread about this? also: it surely wasn't "some sob". |
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Ok, I have paid 8.93177 btc to asset holders, but I'm a bit confused. On the GLBSE client, I clicked pay asset holders, and entered 8.93177. I think that payment was distributed only among the 200+ shares that have been sold, but not to the 700+ shares that I hold myself. This is the first time I have paid dividends, so I am not 100% sure if I should have only paid profits for the amount of shares held by others? I assumed that the profit would be distributed equally among all 1000 shares, but it appears not to have been the case. Oh well, I guess shareholders have gotten an unexpected windfall.  If anyone has any experience paying dividends on GLBSE, I would appreciate some input. Peter Lambert, you have a few tickers registered on GLBSE, right? Do you know where I went wrong? hehe. I've been wondering why I received such a huge dividend (0.03038017 BTC per share). How many shares have been sold? I thought it was only 200, but 8.93177 / 0.03038017 = 294. I'd be willing to give the too-much-payed dividend back, but that might be quite a hassle, if not impossible, to collect it from all shareholders? |
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Thanks, OgNasty, for your answers to my questions. These satisfy me quite a bit and I will buy some more shares now On another note: I might be selling my 5970 (I pay $0.30 per kWh). Should you have use for one, I might be willing to sell them for shares in the company. Would that be possible at all? |
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I just bought some shares. I will buy more once I have higher confidence in this business. Can you make some predictions (or calculations) as to what dividends we can expect. How often will you pay the dividends, how exactly will you go about calculating the amount? I'm really interested in this, since my own little miner will likely have to be shut down due to energy prices being too high where I live. I'd still like to mine and support bitcoin, however, and this seems a good way to do this. EDIT: more questions (integrating questions from above): - In the top post, it says "2x5970 (sale pending)". Do you mean "purchase pending" or did you buy them and are selling them again?
- What will you do if exchange rate drops below a price that would cover our power cost?
- What policy will you use to sell the namecoins? Sell right away?
- When will you start paying dividends?
- How will dividends be calculated?
- How often will you pay dividends?
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It's only been one month, but traffic to the site has been steady and growing and the sales figures are looking quite good.
Total earnings to date are 8.93177 btc, with approximately 221 downloads, equating to about 7 downloads per day and approximately 0.04042 btc per download on average. Some of course download much smaller files, others much larger, and some of those earnings were when the price was more expensive.
There are 39 registered users on the site so far, and 1,719 unique visitors according to google analytics. There are quite a number of users downloading without registering too, but unfortunately I have no way of determining the unregistered:registered downloads ratio. Earnings are 435% above my initial growth estimates, and this is even taking into consideration the 50% price drop... so I would say things are well on track to date.
I said dividends would be paid every two months, but was just wondering if shareholders would prefer I pay monthly instead?
Thanks for the numbers, those look quite good, I'd say. One question remains: what was the cost of running the site so far and what is the "gain" (having a hard time with english accounting terminology)? What I'm getting at: Would there be any dividends so far? About dividends: For all I care you could pay dividends quarterly, every two months it totally ok. EDIT: oh, and don't get me wrong, I'm not complaining about (lack of) dividends here. I didn't buy my shares for that reason, I'm just interested as to how well the biz is going money-wise ^^ |
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Wow... all 200 shares have now been bought, in less than 24 hours! Thank you to everyone who has invested.
Dividends will be paid every 2 months, on the 16th of the month - the date the company was listed on GLBSE.
Soo, what's the status with dividends and publishing numbers? Looking forward to see what's been going on |
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I'm thinking about running a little experiment with GLBSE, mostly for fun. I made a post on the GLBSE forum thinking out loud about it. https://glbse.com/forum/viewtopic.php?f=17&t=225Basically, I would like to offer shares in an FPGA mining company, so that people can get involved in FPGA mining without having to buy an entire board. 100% of mining revenue would be distributed to the share holders. To cover electricity costs, I would transfer at most 10% of shares to a personal account. Unless the difficulty rises a lot or the value drops further, that should cover it. Any interest in something like this? I'd like to come up with an estimate for how many boards to buy for such an operation. I'm thinking right now that 5 sounds about right. Why not just add boards as people buy enough shares from you? |
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What? Why? Do you think exchange rate follows hashrate?
If zero blocks are produced over several hours then that suggests there is a problem somewhere - I didn't know what the problem was, and wasn't about to risk things as a consequence of my ignorance. I waited 2 hours for the block to move and nothing happened. I simply played it safe out of my own ignorance. I didn;t expect it to be a major problem, but there was a small enough issue to make me react. If the problem had persisted for a few more hours I suspect many other people would have made the same decision as me and bitcoin prices would have started to crash. Thankfully there was no major issue, and the price was about the same when I bought them back. Allright, thanks for the explanation. Makes sense. |
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For those considering reselling Casascius coins in local markets, I am able to do quantity discounts on the 25 BTC coin to make resale worthwhile if ordered in quantity 50+. They'll also be shipped inactive, via express courier, and the BTC value not loaded until you receive them, to mitigate risk of loss and customs problems. Contact me via PM if interested.
The inactive shipping is an awesome idea. Are the 25 BTC coins popular? I'm not planning to make a resale business, btw. Others might, though, and I would welcome the possibility to buy at cheaper shipping costs. |
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I ordered 50 (+1 broken) to keep shipping cost down (germany). This cost me BTC 67.70 incl. shipping, therefore one coin cost me BTC 1.354 I'm offering to send them on to germany or europe countries if someone wants to buy a small number of coins. (1 coin directly from casascius.com will cost you BTC 2.50 incl. shipping) Google says 1.2 ounces are 34.01 grams. This means I can send 1 coin in a 50g letter for €0.90 to germany. > 1 coin in a 500g letter for €1.45. For most other european countries I'll have to pay € 1.45 for 50g letter (1 coin), € 3.45 (up to half a kilo of coins (up to 14 coins)). I will also need some €-cents for an envelope. So if anyone wants some (BTC 1.354 per coin plus my packaging and shipping cost), ask me here or pm. based on an exchange rate of 4.05 USD/BTC and 0.5€ for an envelope, I made this little table to see how much sense this would make: | # of coins | casascius price | my price to germany | my price to europe | | 1 | BTC 2.50 | BTC 1.83 | BTC 2.02 | | 2 | BTC 3.75 | BTC 3.37 | BTC 4.05 | | 3 | BTC 5.00 | BTC 4.72 | BTC 5.39 | | 4 | BTC 6.25 | BTC 6.08 | BTC 6.75 | | 5 | BTC 7.50 | BTC 7.43 | BTC 8.10 |
obviously this only makes sense if you want exactly one coin (to europe) or at most 3 coins to germany. |
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