Is Bitcoin popular, or easily accessible in Portugal???
Your ignorant question means that either you're an American (who typically can't pinpoint any European country on a map), or elementary school was too hard for you. Why? They aren't stupid questions. "is is popular" is quite obviously an honest question, and "is it easily accessible" isn't stupid as you might think: if there were no banks accepting small transfers, it would be a problem. Of course thanks to Bitstamp and SEPA we know that from Portugal you can easily buy bitcoins, but that's exactly what the OP didn't know. For instance AFAIK in UK there is no way to cheaply buy a small amount of bitcoins, save trading them in person with someone. |
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But people need to start thinking beyond the borders of their own countries if we are going to thrive as a species, patriotism means nothing, it's just imaginary borders. More and more we need to have a global plan for free flow of people and goods, and to achieve great things that no one nation can achieve alone.
I agree wholeheartedly. The cyprus-news-induced portion of the bubble did not come from Cypriots (for the most part.) [...] The vast majority of the funds responsible for the "cyprus-news-induced" portion of the bubble came from others in Europe (either scared that the same would happen to them, or speculating that others would buy on this fear) and elsewhere in the world.
Exactly. I'm in Italy, and when the news about Cyprus came out, I immediately bought some more BTC while they were still relatively cheap (~25€ IIRC?). And the BTC price started skyrocketing just 1 or 2 days after the news... I've no idea how can anyone think it was a coincidence. |
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I don't agree with the valuation based on dividends because the value of SELLING would be the same even if it paid no dividends.
If SELLING paid no dividends at all, what would be the point of buying it? It has to be remembered that if/when difficulty levels off the fund will likely end with a final distibution in which MINING will receive at LEAST 90% of remaining capital
This bit always confuses me. If MINING would get the bulk of the liquidation, why would SELLING vote for closing the fund? Unless you imply difficulty would have skyrocketed so much that 365 days of dividends would be a negligible part of the capital, and in that case SELLING would still get most of it... |
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Just a close-to-shine ignore button. It's just "sligthly borderliny out of context", reminds me the recent one I will not name (TE*).
Bots feeds with some pieces of text that try to make sense in the forum or sub-forum, but out of context and discussion.
I'm really, really curious about the motivation behind too, but it's pointless to ask them, so I think we can only speculate and never really know.
So really guys, don't bother interacting with "them".
+1 if anyone is able to contact the original Ira Fuchs that would be nice... |
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Take a screen capture? You push one or two buttons, and you have "frozen" the quickly changing numbers. But if you wanted to divest it all, there is that button there. You can invest it all back almost immediately. Then your history has a non-changing numbers which you can easily copy/paste.
Does that work?
Nope, that's not about divesting: I need to do that to update a spreadsheet where I list my holdings. Since I do that fairly often, taking screen captures is way too tedious: I just need to quickly copy the value, so that I can paste it in the spreadsheet. Currently I can double click the number, and try to hit ⌘C faster than the number update: if they do update, the selection is removed and I have to double click again... Let's say it's like a reflexes game I'd rather not play :V No big deal, of course, but if it was fixed it would be nice  |
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As a boardgamegeek, I appreciate this effort.
Thank you
No problem, a pity there's no much interest, but I'll likely come back with a better plan |
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kind-of bug: in the Invest tab there is the amount of BTC invested changes very quickly, which is a total pain if you want to copy/paste it somewhere.
Couldn't you slow it to max 1 update every ~3 seconds?
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Ideas are dime a dozen, are basically worthless until some hard work developing them professionally has gone into them.
Either you do the hard work and work hard on it, or don't bother.
I have work hard developing an 'idea' , another 'crowd-funding' idea, I am not from USA, but even so, I do not have the funds to register a company and all that, will only work with Bitcoins. How could I find someone who wants to get involved on this? Maybe someone wants to own a Bitcoin crowdfunding site.. What is "this"? I strongly doubt you will be able to find anyone even remotely interested, if you don't even say what are you talking about... |
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good morning sir, Alot of this is new to me. I've been mining bitcoins the past year using the university computer, what we use here is many times more powerful than anything available to the public. This forum is full of misunderstandings..Ira
Best troll Ive seen in this thread for awhile. mmmmh http://www.linkedin.com/in/irafuchshttps://en.wikipedia.org/wiki/Ira_FuchsWonder if this is a case of stolen identity... |
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How do I convince them that it's a losing strategy when both their gut and their pocketbook tells them otherwise (so far)?
And do I want to?
You don't want to. You can't fight gambler's fallacy. I mean, you can explain it to a single person, but newcomers will fall again to it. Unless you are in power of pushing it in school, I doubt you can do anything about it. |
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And BTC as a currency would be destroyed.
Mission accomplished.
What are you talking about? Of course it wouldn't, people would be mining like crazy to get that reward... Selling BTC and having BTC as a currency are two different things. M It would become a currency backed by dollars. You can still use it as a currency, they can't force you to sell. And knowing that there is an infinite bid wall, actually would help the currency a great deal. |
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It more or less is, it was propagated among the redneck types in a wave of post 9/11 xenophobia. There are fake CE marks and badly proportioned CE marks even on compliant products, but no "China Export" mark per se http://en.wikipedia.org/wiki/CE_mark#MisuseBut since this thread is likely to devolve into wild conspiracy theories hugely divorced from fact, carry on.... +1 Problem is, this urban legend is so much widespread, that the cited article itself, right next where it explains taht "China Export" doesn't exist, have an image depicting a "China Export" logo... |
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Both securities are splitting 100:1, so BTC-TRADING-PT shares will continue to represent 1/10th of a LTC-GLOBAL share after the split.
Oh, this is... bizarre. Is there a reason why while he was at it, he didn't sync them, so that they would become 1:1? |
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Except bot market is not free market, it's whale market.
In case you didn't know, HFT comprises more than 70% of all daily trades in wall street.
The situation is so bad, you currently got whales buying whole buildings next to the exchanges so they can have <1ms lag to inject 10 orders before yours is even up, cutting off your profits on every single trade you make. Then you have your flash crashes...
We are heading exactly in that direction. But sure, don't worry bro.
X/Y problem. I'm totally agains regulating such a thing. A bot simply allows a human to perform some action in his stead. You can't really ban bots even if you wanted to, unless you want to ban all the web access for everyone. If the problem is that they are too fast, you can just, you know, solve the exact problem you are having, and slow everything down. Instead of, you know, shotgun blasting everything in a frenzy. |
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are those smart robots better than smart investors?  Are they better than smart investors? No. Are they more consistent than smart investors? Yes. Are they better than 95% of the investors out there (not-smart ones)? Yes. Are they faster than ALL investors? Yes. Who controls them (the good ones anyway)? The smartest investors... Still not worried? Why should anyone be worried? You are still racing agains a human, after all. And the weapon he's using isn't a secret, you can use it yourself if you want. Free market is free market is free market. |
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Already, people selling goods denominated in bitcoins peg them to the USD/BTC exchange rate. www.bitcoinstore.com is an example. This is pretty obvious, since they don't pay their goods with BTC. It shouldn't surprise anyone, really. |
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in terms of invested funds is there a way to have the original amount invested and a -/+ profit display?
I'd think that's reasonably easy to implement.
That would be nice - nothing you can't already do with a spreadsheet anyway, though. |
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Look at those guys in the loan section of this forum. They are going to bankrupt. Lending an deflation money is a Ponzi scheme!!!
Bullshit Let's suppose we're now using a currency with 10% deflation. Joe wants to lend Bob 100 currency units. In order to make a 5% profit, this means Joe must lend at -5% APR.
Wait - that doesn't work! Bob could borrow 100 units, sit on them for a year, and return 95. Joe has made a 5% profit, but Bob has actually come out ahead!
So Joe could simply sit on his currency for a year, and make 10% profit instead of the 5% he'd make from a loan with 5% inflation-adjusted APR. In the inflationary scenario, Joe would have been willing to lend out his money at 0% inflation-adjusted interest just to avoid losing money from inflation!
It's easy to get confused by deflationary economies: you must think the other way around. Since I can sit on my money and be happy, I will obviously ask for something more if you want a loan. Let's say I factor in 2.5% default risk plus 2.5% profit, I'll still ask you a 5% interest on your loan. People should stop thinking that "deflation is magic": it isn't. Absolute values don't matter: what matters are how much you are rich relative to other people... if money deflates for everyone, then it's not an issue. And since people want to try to get richer, they will still try to invest them, hoping to get more than they would get just thanks to the deflation. |
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And BTC as a currency would be destroyed.
Mission accomplished.
What are you talking about? Of course it wouldn't, people would be mining like crazy to get that reward... |
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You seriously believe that? If the government always bought, and destroyed, every coin that every became available, it wouldn't hurt bitcoin?
If someone constantly bought coins "at whatever price", miners would be rich... |
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