Gox via Arum to LR is reasonably quick, but as you mention, expensive.

For an experiment yesterday I put 120 coins through Gox to buy back on BTC-e because of the price difference.  Basically came away with 119 coins, but paid just over US$46 in fees at the different transaction points.

Last time I tried to transfer LR out of Gox, it was basically never going to happen, and only moved after I complained.

Simply a fail.

How are you going to buy your satellite and pay for it?  With a so called non-pirate currency?

You pretend to receive a currency, but the people you damage prevent any and all transfers (monetary and commodities) to your country (even if recognised).  While you are starving to death, they hire a tank and drive over your hut.  The owners of the satellite refuse to transfer your data due to failure of payment and/or lawsuit, etc etc

Shame you didn't have any infrastructure, electricity, medical or population.  And irrespective of your riches in whatever currency you claim to have, it's worthless if you can't spend it.

Unexpected benefit and entertainment.

My wife says mine could kill an octopus - she can let rip too on occasion like today.

You can lock in a 50% return for the year, or risk a suspension of deposit taking.  It states that deposits are taken at discretion, and interest rates move.

There are also costs for committing to a one year term versus a shorter duration.  Many bank deposits have different rates for several months versus several years, and often have a bow-shape.

Hungry people deal in food.  This week North Korea agreed to trade something important for food.

Also, do you know what the big traded items are in the world?  Real value and large trading systems.  Coffee and orange juice are near the top of the pile, it's not just oil and gold that gets limelight.

I've traded my IP in currencies like that before (yum yum).  Maybe you should get better apple pie.

Shows up fine in my browser - hit the auto-translate button (chrome).  1399 yuan isn't too much.

Illegal sharing of copyright material is still illegal even without a transfer of value.

Bitcoin is not a piracy currency, even considering what such a definition of that might be.  It's similar to other forms of private money (green dollars or barter).  It's very useful and I was able to get someone on the other side of the world to post me something I couldn't get sent direct.  USD9.72 would have been expensive to pay, but a couple of bitcoins, and it was all good.  Arrrrr.

"productive discussion" - you've been here a few weeks and you still don't know how big a bunch of jerks some of us are (hey, I'm a starfish, no brain or even central nervous system).  ARRRRR

(not to be confused with Castle of "Aaaaarrrrrrggghhh")

It was a reference to the design of how to determine auditory playback before they worked out the difference between digital sampling and how it actually sounded.

Am I that old around here that I know about the competing technology of DAT and CD sampling design as the preferred implementation.  Not like I had a laser disk or something silly.(actually, it's heartening that there are others older)

Maybe it was just I was pissed at being accused of being from the USA.  Need to take this back off topic - hmm - continuing the previous quote, "and the flowers"

That's very good you know.  I just get accused of selective deafness.  Maybe I'll check the dog range.

Still, digital music encoding has a particular design range.

that would mean we have another season of Seinfield

oh, now I'm offended

If you knew anything about those you would know they are not merican.  That country is so new they only have ANSI and then lose space craft 'cause there nasa engineers are duffus's (or can't declare a variable properly in fortran.   Can't be bothered looking up something nice like magnetic flux (Gauss or Henry units) or something else nice.  I don't deal on #otc because USD is pointless for me, but I'll still trade it if there's a decent arb.

Still, old stupid people might not hear anything over 8kHz.  I'll stick with my kW, metres and hectares.

Going back off topic as required, so, the birds don't have jobs, do they.

what? there's another unit other than bitcoin.  Hertz is a nice one, as are links, gils and roods.

As my stats lecturer said, Scrooge McDuck didn't have cubic acres of money, but the variance could be measured that way.

https://bitcointalk.org/index.php?topic=66979.0

Sorry for being on topic, I was referring to 43,554 coins and that is certainly less than 45,000.  I am happy to apologise for my rounding, and even suggesting in this, one of the not quite so serious threads that there would have been a bribe of 43,554 coins used to reinstate a member, and that those coins would then be put towards the development of the forum software.

This is way too off-topic.  I'll ask the mods to move the repetitive arguments elsewhere and clean this up.

Edit: looks moved - thank you

How would I know?


Way too on-topic for this thread.

in related news, the bittalk forum dev fund increased  by 45000 today

Deposit received at 1955vGExYkVoPYSk9ZiigtuBYQjZw5GKmQ
Repayment will be to address 1GWk6b4KgbdSXnC7hL2ppHbyK35dXqhyuk

The deposit  will compound at 1.5%/week.  Calculation is based on clock time rather than whole weeks or days.  To avoid arguments on time receipt I am logging receipt at 12:01 a.m. my local time.

A related note, I take the privacy of my clients quite seriously.  This was pointed out above regarding the issue around identity and use of information.  For those wishing to build reputation it is normally declared.  The flip side is that there are some transactions that are not notified. 

malavita - thanks for your comments.

Weekly payments are not too much extra work, but it would be nice if there was a scheduled payments function in the wallet client.
Identity/Credibility will remain issues for a long time, and that goes to the rates being charged.  If someone wasn't prepared to provide some real info on themselves, then they probably are not a good candidate for a loan (from me at least).

Re: Cobra loan

I spent quite a while discussing and arranging a loan with Cobra yesterday and we reached agreement to do a three month, 200 coin loan.  We discussed quite a few things and on reflection (along with some recent bitcoin developments) Cobra decided not to take up the loan, and returned the test deposit we had exchanged.  Cobra is not a long-time or senior member, so is still building credibility on the forum, but on the basis of my dealing with him, will probably do some business when the time is right.

Importantly, there were a few things that have come out of the past few days that are worth posting here. 

1: Short duration:  Long loans suffer from compounding so five or six month terms works against them.  Three months is doable, but then you get into weekly payments (My current longest loan is 27 weeks.)  One month is pretty typical in the lending section.

2: Partial funding: If you're buying a heap of stuff, like the new cards or FGPA units, the payback is too long for most (see #1 above).  Part funding at least half helps significantly, but delays your profits to the later end.  Also, beware of changes in difficulty or delivery delays as trends swing (and those BFL units might take a long time to arrive).

3: Demonstrated knowledge for hardware: Some people think building 5Ghash is easy.  Adding 5Ghash to 20 or 100 is easier.  So the size of the increment is relevant.

4: Identity/credibility: Being able to verify gets important for large loans - this is still evolving, but some others have better ability to do this if they are geographically close.  Verification via a real email address is a good idea.  Building credibility is also hard, but having paid off a 5 coin loan doesn't get you to a 100 coin loan easily either.

5: Syndicate: My appetite for large loans starts to run out around 200, although I have some larger than that.  I talk with some of the other main lenders all the time (we are connected on skype), and that makes it a bit easier to get to the bigger numbers.

6: Rate/payoff: This is trickiest, as you want the lowest rate, but lenders what higher.  15%/month is not hard to get, and I do some lending usually in the 10% to 15% range.  For longer term I'm looking increasingly at weekly payments and calculate on a 3% per week basis.  That allows differential payments and also easy calculations for early repayments.