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A 75% tax rate will do much more harm than good. Sadly most politicians have a hard time grasping economics 101.
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Definitely a sizable transaction.
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All Things Luxury is expanding its inventory. We have long been a part of the bitcoin community and have offered a wide range of fashion jewelry and sterling silver jewelry at low cost prices. In 2014 we will be adding more fine jewelry products to our collection. This includes solid gold, natural diamond engagement rings. We will be displaying our engagement rings here. Below is the first ring added to our collection. Many more will be added as time goes on. "Modern Halo Solitaire 0.65ct Diamond Gold Engagement Ring" UPDATE - This ring is now SOLD.  "A classic solitaire engagement ring set with a total of 55 diamonds. The center stone is 0.40ct's and the surrounding stones total .25ct's. The solitaire center stone is surrounded by a halo design. This modern ring comes in 14k and 18k white or yellow gold. "To see more details and pictures or to purchase this item, please click here: http://www.allthingsluxury.biz/Modern-Halo-Solitaire-065ct-Diamond-Gold-Engagement-Ring.html |
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Brand new to All Things Luxury. 10k Gold Three Diamond Diamond Heart Necklace. Comes in white, rose and yellow gold.    This heart necklace features three conflict free diamonds. It is crafted in one of three gold colors, 10k white, rose or yellow gold and features the classic heart shape design. The necklace length is 18 inches.To see more details or to purchase this item, please click here: http://www.allthingsluxury.biz/10k-White-Gold-Three-Diamond-Diamond-Heart-Necklace.html |
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The bitcoin system is vastly superior to paypal.
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Best of luck to them. Would be a huge move if they pull it off.
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Good episode. Just finished watching it.
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Good for him! Best of luck to him!
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Thanks for adding All Things Luxury to the list, we also sell silver bullion along with Jewelry products. We are introducing a line of authentic diamond engagement rings this month. We have a few already online and are finding huge demand from the bitcoin community. Thanks!
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If credit cards take 180 days to be confirmed how will you buy coffee at Starbucks?
well, there's a 3rd party ensuring that you won't be scammed (when using a credit card). with bitcoin, there's only you and the provider. Credit cards don't protect the merchant from getting scammed. If you make a purchase and then report the card stolen, they'll steal the money back from the merchant so they can repay the cardholder. In short, credit cards are safer for consumers, but Bitcoin is safer for merchants. Agreed, the current system is incredibly unfair for merchants, who always get left holding the bag. Even if they do all the proper steps. Bitcoin is a monstrously huge improvement. |
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I just read this at Zero Hedge as well. If it is centralized, which I can't see JPMorgan not making it, then it is not going to take off like bitcoin. It may find some success and even be more useful than the current visa payment system on the internet, but I highly doubt it would replace an open sourced free bitcoin.
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You're right, 400K is an estimate but from what I've read, the FBI have seized the company bitcoins but not his PERSONAL funds, of which there is an estimated 400K. And wow, at the current price that's over £200M
what is that, like 80 Papa John's pizzas? W0W!  |
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"14K White Gold Vintage Style 0.75 ct Diamond Engagement Ring" "Lovely Vintage style engagement ring. This ring consists of a solitaire round diamond surrounded by a number of smaller diamonds. The carat weight totals 0.75 ct's and the ring is crafted in 14k white gold. The band features a stunning split design that merges into one solid band."To see more details or to purchase this item, please click here: http://www.allthingsluxury.biz/14K-White-Gold-Vintage-Style-075-ct-Engagement-Ring.html
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I doubt it will over take it by 2016. But it will definitely cause them a lot of headaches going forward.
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You never know. But I have a strong feeling that major hedge funds (some already have) will be moving into bitcoin in a serious way in 2014.
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Any publicity is good publicity |
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One of the great classic threads on this blog.
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