Those working on Mastercoin understand! The only reason why we can't go elsewhere is that distributed suprablockchain efforts like this don't really have anywhere else relevant to go to, and we couldn't leave bitcointalk! Yes, I know, Mastercoin threads are flooding up Project Development, but at the same time, the functionality is intimately tied to Bitcoin and our community. I've requested administrator action on this issue, I'm waiting on what he has to say a few weeks back they(who?) announced a $50,000 development 'bounty' ... never heard it get resolved though. It's destructive because they are taking attention away from the real work in this space.
Well... there is currently a 300BTC bounty for a few development features, that at one point was worth $50,000... but it's a work in progress—our dear contestants are still whittling away at this massive undertaking ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And there was one before, it was resolved, and $25000 worth of BTC, at that time, was awarded. https://bitcointalk.org/index.php?topic=265488.msg3351927#msg3351927
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questionable...unless central banks try to acquire bitcoins en masse by inflating the hell out of their monetary base
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a whale can donate a sum of coins to the candidate at the current market price under FEC limits, drive up the price by buying up millions of dollars of coins on an obscure low-volume exchange at the according price the candidate set, and funnel tons of money to a candidate legally that way.
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Bitcoin is getting popular in india these days but now a single bitcoins price is higher than a average indian's one month's salary so most peoples are buying small amounts only.
what about a single mBTC? the transition has to happen sooner or later ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Troll Master ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif) I honestly do not think he gets it. Acting like he has an I.Q. of 70 is pretty fail trolling if that is what he is doing. smoothie's just a little drunk with power ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Troll Master ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif)
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Looks like there are still quite some issues with getting money over to actually liquid markets - I can't explain ~40% interest rates on USD otherwise while Bitcoin goes vertical and does a few 1000% return in a year if you consider just short term positions.
Please get more USD to Bitstamp!
Also: Suddenly nearly all my lending positions (from various days) were returned all at once. What's going on there? Whales cashing out? Seems unlikely that all my positions were lent to only one single person though... Anyways, let's get this lending rate TO THA MOON and let the lenders also earn some profit and be frustrated that they didn't buy BTC with their USD instead.
maybe it's a sign for you to buy BTC? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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do you have any more information on this?
No, but Doug Casey, Jeff Berwick, and a few others do. thank you
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Until the tax man accepts payment in BTC, that's unfortunately not a realistic argument.
Become a permanent international traveller and you can largely escape the tax man's effective reach. do you have any more information on this? I haven't figured it out, so the riches are ready to deposit billions of dollars into our several obscure Bitcoin exchanges already? Otherwise what is driving the price higher?
there's been a ton of depositor activity in Bitfinex, competing for lending rates
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Quite a lot, but still not so many. To comfortably retire you need at least BTC10, it's not getting much easier than that. So it will be 100,000s of people at most, not millions. Unless bitcoin rises really high, that is. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) how much do you think BTC needs to be before this is reality? (really hope your correct as i have allot more than BTC10...) To retire comfortably and still stay in the game, you'd need to come up with a sum that you could withdraw the market, pay capital gains tax on and stick in a brokerage account to accumulate interest. Here's what I came up with: $1,500,000 USD, pay capital gains tax of approximately 19%, leaves $1,215,000 USD. At a typical ROI of 7% on the market, that's $85,050 USD gross, or $56,133 USD net after approximately 34% tax as those would not be long-term capital gains. That's an income that would be quite comfortable in the rural US or in SE asia or in Latin America or in Eastern Europe. Now, because you don't want to blow your chance on multi-million dollar coins, you'd want to make sure that you don't liquidate all your position. So, you'd want to have roughly $3,000,000 USD in value before calling it quits in the rat race (to leave half your coins for speculation). So, then it just depends on the timing of your entry. If you'd bought 1000 coins at $2 a pop back in 2011, then realistically you'd be able to retire next year as historically BTC has a roughly 1000% return per year. If you bought 10 coins today at $250 a pop, then you'd be looking at roughly 3 years to be able to quit comfortably, when your coins are worth $300,000 USD apiece. That's a figure that rpietila already famously calculated as being the gold store of value replacement amount, so not entirely unrealistic. ew fiat ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) draw fiat from BTC stash when needed, Bitcoin is your new retirement account
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too bad, they should've just bought BTC ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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they get it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Yeah, but there's a big difference expanding exponentially within the realm of still-doesn't-matter-much-globally and cracking through to major geo-political influence. Think about what's been happening geopolitically in the last five years. This isn't about the rise of Bitcoin as much as it is about the coordinated worldwide collapse of government money. Large fiat holders around the world are looking for an exit strategy. Every time Bitcoin survives another near death experience, a few more of them decide it's worth taking some risk. This kind of exponential growth starts off looking like a few people quietly making their way to the exits, and ends up looking like a stampede. Ah, cause and effect. Gold bugs have been chanting for many years about the collapse of government money worldwide, yet they have made very little inroad, and their gold itself is starting to collapse. A hero is certainly a product of his time, yet the whole false boom and feel-good hobnobbing might have lasted considerably long if it were not for one man's determination to change everything. gold may have had a chance if it weren't for Bitcoin
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Yeah, but there's a big difference expanding exponentially within the realm of still-doesn't-matter-much-globally and cracking through to major geo-political influence. Think about what's been happening geopolitically in the last five years. This isn't about the rise of Bitcoin as much as it is about the coordinated worldwide collapse of government money. Large fiat holders around the world are looking for an exit strategy. Every time Bitcoin survives another near death experience, a few more of them decide it's worth taking some risk. This kind of exponential growth starts off looking like a few people quietly making their way to the exits, and ends up looking like a stampede. http://lifeboat.com/blog/2013/04/bitcoins-dystopian-future
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The distance between bolts (the two flanges on the front of the case have holes for bolts) is 18 5/16" on a standard rack, therefore the MAXIMUM width of a server is 17 3/4" or it does not slide in. FYI: http://www.server-racks.com/19-rack.htmlClearly I'm looking at the dimensions of an abnormal server rack (maybe an open rack?), then. Anyway, I sent an e-mail. No, I believe you have been given the incorrect dimensions by someone who was careless and also knows nothing about what "standards" are in the industry or they would have caught their error. This does not inspire confidence. Not to be a total dick here, but if they have decided to hire you as the go between for them and the forum, you need to have a slotted time each day to ask questions on the telephone. Emailing a company that is non responsive to email is not helpful. At this point right now that would mean basically not getting any answers, as my e-mails go to one of their PR people and then it gets bounced to people all over apparently in the search for answers. I can ask my contact for their phone number or skype or something if you want, but if I was on the phone with them it'd probably be, "Okay, I'll go send a message to so and so about this question." Does anyone know a consumer protection lawyer or do you want me to go to one?
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What's the logic behind your reasoning?
The consistent long-term exponential growth in the exchange rate that's been fairly steady at ~6%/week since 2010. It's exactly what we'd expect from the beginning stages of the adoption curve of a new technology. http://bitcoincharts.com/charts/mtgoxUSD#igDailyztgSzm1g10zm2g25zl[img]http://1.bp.blogspot.com/-8iEr1yB8kAg/UR_uP_GzFTI/AAAAAAAAAws/J-fl_ypqsTc/s1600/Historical+adoption+curves.gif[\img] Something I have always wondered about is the use of data from 2009, 2010, and even early 2011. Does the nature of the jump from 0.00001% to 0.0001% market share actually contain any meaningful information? To my uneducated self, it seems like this is most likely to be noise the data we have thus far has shown evidence of exponential growth patterns
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