tradeaway, you sir have been PMed, I think we can assist each other with our two projects and the issues we face with "blockchain bloat"

I've been around, bitcoin goes through busts and booms faster and harder than any economic instrument I've ever seen. Part of the point of this project is to (as I said above ) hedge your bet against a dramatic change in the bitcoin price, while still being exposed to bitcoins if you want to be/b], while still getting all of the benefits of a quasi-anonymous investment vehicle that bitcoin is. It separates the technology from the currency, the currency is fine and dandy but the technology itself is revolutionary beyond any measure, and is only just starting to get exploited.

they are a store of value, and such entities, once "cashed out" must be taxed as capital gains or else you will come upon the wrath of the tax man.

I'd also be interested in knowing the tax ramifications of bitcoin as an investment vehicle vs. normal entities such as stocks.

agreed, we don't need the added hassle of forcing tenants to pay in btc and forcing local contractors to work in btc, we'd rather provide financial reliability for our investors rather than making undue waves.

HOWEVER: As I said previously, we have a distributed, anonymous investor friendly, trust free* company stock system in place that should allow us to be the safest investment in bitcoin history, I will make a new topic and organize the structure of this investment and make a new thread sometime Sunday to outline exactly what we plan to do.

Also we have enough for the down-payment on a mortgage and the funds necessary to create a corporation to handle the property management, however the remainder is what we will be looking to raise.

correct, this could be considered a hedge investment, as the house valuation is in USD and the rent is in USD, however if you store the btc from divs over the lifetime of the investment you would be in a reasonable position as you are both still heavily invested in bitcoin, and safe against a total loss if bitcoin confidence goes down the tubes for whatever reason.

And since theres a good shot of local land value increasing over the lifetime of the investment, you will most likely make a solid return in both fiat and btc.

Only if you put the fans on autofan, otherwise he might just turn the sound into background noise.

the exact date of starting is a little foggy however news sources have said the first vessels "the first vessels could be christened as soon as 2015."




source is http://www.ctvnews.ca/halifax-wins-25-billion-shipbuilding-contract-1.713515


A significant advantage has been discovered on our contract design, allowing for a completely distributed and anonymous shareholder system, more will be released on the weekend, this should come into full swing next week.

I think we might have just figured out bitcoins KILLER APP 

of course, all purchases, changes in contract would be put to a vote, all information regarding every single change in the current situation/climate would be recorded and sent to all shareholders in a weekly newsletter, as well as all financials organized in a cash flow diagram in google docs.

Even better, every few months I would also take a look at the local housing market and both estimate what the property could sell for, and how much we could make purchasing another

bump for the day

I live in a university town (Halifax, Nova Scotia) and there are a ton of rental properties for sale locally. A very good friend of mine  (I trust him with my life) has his real estate license, and runs 4 of some of the local rental properties and sublets them out to local university students for the property owners.

A major shipbuilding contract from the government is just starting to go into pre-production, and when that goes into full production ramp the housing local to the shipyard ( in the downtown core) should skyrocket from the new money moving in, so when the shareholders finally decide to sell the house, we should be able to sell for more than we purchased.

all rent would be automatically split up based on share ownership, turned into Bitcoins and paid out as monthly dividends, besides the 5% for maintenance and paying the superintendent (my buddy) for his services of maintaining the building and keeping all the rooms rented.

As you can imagine this security would be a hedge against the Bitcoin price rising dramatically as the sale of the home would be in dollars,
however unlike other investments with bitcoins it would be as low risk as I think is possible in the current bitcoin climate.


Counterparty risk is a problem, however I think I might have figured out a solution once the home is purchased.
The deed to the house would be placed in a vault which can only be accessed from the written consent of 50% or more shareholders, I believe this can be accomplished through securing the deed with a third party, or digitally encrypting it if at all possible, however that part is the trickiest and would appreciate some input in further securing the investment for shareholders.

I don't really trust any of the current bitcoin exchanges, however I'm not adverse to PTs, I would run it similar to ASICminer in how shares are traded/recorded.


for all watchers, the interest post has ended, the main page
https://bitcointalk.org/index.php?topic=252474.0

damn, I can't wait to move back from halifax and meet some other bitcoiners in the flesh, its like being in antarctica up here 

treasure chest keys, I'll change the main post, thanks for reminding me

fun games today dude, cool to meet some turks

I really need a couch, when I get a new place after I graduate I wanna get some really nice looking furniture, but I'd rather not pay fiat for it, I bet goat would feel the same way (or other super rich bitcoiners)

go for it man, I play just about every day with some buddies and can always like to play with other players, I played hon for a while with some of my british buddies (was never good at it for some reason), but when dota 2 came out I jumped on it, and they slowly transitioned over

Would be neat to have a bitcoin dota 2 guild (since gabe newell came out with the "guild" system), I wonder how many of us play?

bump to keep this badboy on first page, went 27/8 with meepo two nights ago, any of you guys use dotabuff?

heres mine
http://dotabuff.com/players/20233218

I'm stealing your strategy and using it for my own listings, holy crap I haven't laughed at an ebay listing in a while, would buy if I needed one 10/10

I realized I did this last year, why not necro and old thread rather than making a new one? 

on a gameplay note: Recently I started actually playing pudge, he's extremely fun once you land your hooks, anyone else notice this?

I'll give you a free bump, that game got me into opera music and still gives me dreams, top 10.

the winklevoss brothers are going to be rich, and will take us along with them, I wish they would come out on these forums and have a Q&A session, we'd learn so much.