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16921  Economy / Collectibles / Re: NASTY MINING presents... 1oz Silver Physical NastyFans Seats! on: June 27, 2014, 09:29:29 AM
If you can get me a list of the public addresses, I can start running the scans and whip up an interface.

Ask and you shall receive my friend.  Smiley

https://nastyfans.org/mint.json
16922  Economy / Goods / Re: [RARE ITEMS] I got hacked, I'm now forced to take offers on RARE Museum items on: June 26, 2014, 05:44:08 AM
My apologies if I misread the situation.  The subject line confused me.  I think TheBitcoinMuseum is a great idea and you're one of the nicest folks I've had the pleasure of working with Dob.  I hope you're both happy and healthy for a long time.
16923  Economy / Goods / Re: [RARE ITEMS] I got hacked, I'm now forced to take offers on RARE Museum items on: June 26, 2014, 05:13:34 AM
Very sad to see the Bitcoin Museum come to an end.

it hasn't come to an end, just selling a couple of "big ticket" items to help cover the loss from the hack

A museum that sells donated items to pay for it's curator's losses might have issues getting donations in the future.   Undecided
16924  Economy / Scam Accusations / WARNING! USER CREATING FAKE ESCROW QUOTES FROM ME TO SCAM on: June 26, 2014, 04:58:11 AM
The below PM chain was just forwarded to me by a user that wanted to confirm the information.  I have never had any contact with Novelty ~ and if the below quoted PM is accurate (mods could confirm maybe?), it represents a scam attempt that users of my escrow service should be aware of.

DO NOT BELIEVE ANY MESSAGE YOU RECEIVE WITH A QUOTE FROM ME IN IT.  I am not shy and if we are involved in an escrow arrangement, I will contact you directly if you haven't made contact with me already.  I don't arrange escrows with only one party's involvement.

I ONLY USE THE ADDRESS IN MY SIGNATURE FOR ESCROW ARRANGEMENTS.  If someone asks you to send BTC to somewhere other than 168WXhArv7Fasqvi2xm5MQMfLhG18jifMe it isn't going to me.


OgNasty has asked for your PM UID
Once you send BTC to his address, PM me your Perfect money ID and I'll send it to him and he will release the funds to you once he receives 1.4BTC
Thanks

Hi,
I would like to use your escrow service between myself and (removed)
The deal is $840 PM for 1.4BTC
I've sent the PM to the UID you provided me last time you escrowed for me
Thank you

Please pass this into (removed) and tell him to send 1.4BTC to 14d6VSjfNsGnzoEQFmreCAkpnqgMSfPiSL
Once received, I'll release to both parties
I also need Aayush' PM ID, please get this info and pass it onto me
Thank you
16925  Economy / Goods / Re: [RARE ITEMS] I got hacked, I'm now forced to take offers on RARE Museum items on: June 26, 2014, 04:36:43 AM
Very sad to see the Bitcoin Museum come to an end.
16926  Economy / Goods / Re: WTB - 0.5 and/or 0.1 Casascius BTC on: June 26, 2014, 01:49:42 AM
https://bitcointalk.org/index.php?topic=656347.0
16927  Economy / Securities / Re: Why Do You Invest? on: June 26, 2014, 01:01:20 AM
I'll go to sleep now. Thank you OgNasty that in your vague answer had described a securiti that doesn't exist so confirming that there is none to invest at the moment at their curent prices, witch exactly what this thread is about. It would be best for you in the future not to engage in contradictions and lectures just for the sake of contradicting when in the end you can't give a straight answer to a straight question.
Have a great day everyone.

Can't and won't aren't the same thing.  You're welcome and goodnight.
16928  Economy / Securities / Re: Why Do You Invest? on: June 26, 2014, 12:51:12 AM
Yes, I get it. No answer after all this statments about financial education and experience and whatever you said. I didn't asked you to be an oracle, just to say one name that you think it's worth buying right now. I admited you are right and know what you're talking about allready, I'll take your word for it. The fact that you are unable to give a straight answer makes me to think otherwise (and maybe not just me, this is usually happens when you start to spin around your tail)

I'm not unable.  I'm unwilling.  There is a difference.  I won't bother you with details of licenses and fiduciary duties, blah, blah, blah...  Instead I will just say that any recommendation I gave could be viewed as a conflict of interest due to my affiliation with something that could be irrationally misconstrued as a security.  Therefore, I am not willing to give you a recommendation on a specific investment, only to educate you so that you may be better prepared to choose one for yourself.
16929  Economy / Securities / Re: Why Do You Invest? on: June 26, 2014, 12:00:07 AM
Don't be. I don't make "investments" in BTC securities. The reason for that you'll have it if you look at the way that this securities performed over time. Anyway, I don't want to argue with you no more, you are right and I'm wrong. Just please tell me, with all your experience in finance and trading: What securitie do you recomand buying right now at it's current price? Please give me a straight answer, just name it. Thx.

I'm not an oracle.  However, if I were to make a personal investment in a Bitcoin related security at current prices, I would look for an investment in a mining pool or perhaps an organization that has a structure designed to shield it from rising costs.

I would also make sure to only invest in an entity run by someone active with a long history that I trusted.
16930  Economy / Securities / Re: Why Do You Invest? on: June 25, 2014, 11:20:13 PM
A piece of gold that was extracted 300 years ago can change it's value but not it's cost. The real price of something it is given by it's value not by it's cost.

This statement is wrong.  It's actually the opposite of the truth.

Cost is a result of perceived value at the time.  Therefore the cost of something will change in time along with it's perceived value.  This is accentuated by inflation over time, which is similar to a moving BTC rate.  So I guess you probably think anything purchased 300 years ago is an amazing investment because you got back so much more USD than was invested.  You can turn a blind eye to the fact that it's possible your purchasing power didn't change at all so in fact you gained nothing.

I see your issue though.  You are trying to evaluate something incorrectly based on your personal experience.  You say, I paid this amount, so that is my investment cost.  The problem you are having is that you are paying an investment cost determined by the USD/BTC exchange rate in USD and trying to pretend your investment cost is solely in BTC (so while you argue that your investment cost cannot change, you are in fact going back in time and changing your investment cost with each tick of the USD/BTC exchange rate).  For people used to staring at their brokerage account in only 1 currency and seeing the cost/return, this might make sense.  For someone with experience dealing in multiple currencies, it appears that you obviously don't understand what you're doing.

I hope that makes sense, I admittedly didn't explain it well but tried my best to do so in a way that might finally click for you.  If not, I'm sorry for your future investment losses.

EDIT:  Why not list these securities in a 3rd party value that is neither BTC or USD to give another non-bias opinion?  It seems that might be a better way to do it since people don't seem to grasp this whole multiple currencies evaluation thing.  I know why of course, it wouldn't be a good troll and the OP's intent was not to provide any useful data, but to simply bash the market he failed miserably trying to control and will ultimately imprison him.
16931  Economy / Collectibles / Re: [WTS] Blank 5 BTC 2012 Casascius Coins - RIGHT-OFF-THE-ROLL! on: June 25, 2014, 10:22:33 PM
I find it highly suspicious he has so many silver redeemed 5BTC coins and has some fake stickers to go along with that.  I want to know where those coins originated from. It's very suspicious. OgNasty would likely agree. Especially wrapped in the form of a roll. Most people that buy mike's coins don't go around peeling them. Also I find it funny that none of those coins have any traces of the peeled sticker. Usually you have some residue left behind. All of those seem spotless. Furthermore you registered in Jan 2014. I personally wouldn't trust anyone post october 2013.  That's when BTC exploded, and that's when more scammers entered the arena to capitalize on the hype and higher value.

I appreciate your suspicion.  I was also suspicious as well before doing my DD when he asked me to escrow this deal between him and longterm member and seller tymm0.  I was even more suspicious because they were sold to elianite with original Casascius private keys and I suspected that one of them may be tempted to pull a scam.  Before agreeing to escrow the deal, I let my concerns be known and tried to talk elianite out of offering them with the compromised private keys.  I assume if he was attempting to be dishonest, he would have put the coins together and put the generic holograms on himself while keeping the information relating to the private keys to himself.

I remember people accusing me of being a scammer back when I joined in the summer of 2011 because, "That's when BTC exploded, and that's when more scammers entered the arena to capitalize on the hype and higher value."

I have no dog in this fight.  If anything, I'm actually a competitor to elianite with this product.  It would be very easy and self serving for me to also pile on with the scam accusations, but it would be unwarranted here.  I genuinely think elianite is just trying to participate in the Bitcoin economy.
16932  Economy / Securities / Re: Why Do You Invest? on: June 25, 2014, 09:45:13 PM
What was the value of gold 10 years ago? was the price that people would pay for it. It wasn't the cost, it was the actual value. Same as BTC 2 years ago, same as oil 1000 years ago, it had no value because nobody was willing to pay anything for it. Maybe in the future we discover that we can make gold from iron and it's value plumets. It's it actual value that plumets, not the cost.

-edit-
  Something can have value for me but not for you. For example I may be willing to pay $1000 for something without any value for you, like my dog, if I loose him. What is the cost of the dog? The value is the real indicator of value, not the cost.
-edit-

This statement shows that you do not work in the finance industry, and do not have any formal education on the subject.

Your dog comment is actually in contrast to the rest of your statements and shows that maybe you do understand the difference between cost and value.  For example, the cost of your dog may be $500.  You may value the dog significantly higher than that, so buying that same dog would be considered the best investment of your life, even though when you sell that dog, all you're seeing is losses from expenses and you did not see any return on your investment.  While this isn't a perfect example due to your assigning value on the dog, using some imagination and swapping the dog value with USD value, and the cost with the BTC cost of investment, you prove my argument quite well.


...
Gold and silver have proven to be a pretty terrible hedge between USD & BTC historically
...

To steal a line from Voltaire, "Compared to what?"  If gold, USD, and BTC are all lousy bets, what's  good?  NEOBEE?

That diversification thing you don't seem to comprehend.  Wink
16933  Economy / Securities / Re: Why Do You Invest? on: June 25, 2014, 09:06:29 PM
Maybe I'm one of the stupid ones, but isn't an asset's value determined by what people would pay for it on the open market (among other things)?

No, that is called the cost.  Value is something different.  I'd suggest you read some of Warren Buffet's writings to help you understand the difference.


Buy gold and silver? How would buying a BTC-denominated security hedge against BTC?

Gold and silver have proven to be a pretty terrible hedge between USD & BTC historically.  On a line chart of the 4 over enough time you cannot even distinguish the difference between metals/USD due to the massive increase in BTC.  

If you cannot identify how a BTC-denominated security can hedge against BTC, I cannot help you or argue with you.


Please understand this is not a fight and not about who is right and who is wrong. It's just the fact that until now bitcoin securities had only brought big loses to investors.

That isn't a true statement.  You need to measure losses and gains in purchasing power when dealing in multiple currencies over time.  Any other way is wrong.  Looking at the IPO price in BTC and the last price in BTC is either trolling, or shows a blatant misunderstanding of how assets are valued.
16934  Economy / Securities / Re: Why Do You Invest? on: June 25, 2014, 08:58:25 PM
if you don't invest you have one chance to gain usd from a rising BTC and one chance to loose from a falling BTC but if you had invested you have to chances of loosing usd one from the falling value of investment and one from the falling price of usd (if BTC rise in value you would be better not to invest anyway). I really hope you understand now what I say and don't twist my words so you can be right about this.

Given this logic, you also have 2 ways to gain.  You cannot say you have two ways to lose, and then ignore that you have 2 ways to gain.  I'm OK with using whatever logic you want, but the end result is the same.  Purchasing power is what matters when dealing with multiple currencies.  I'm simply stating that you cannot currently measure purchasing power over time in BTC.  Can we agree on that, or are you aware of some website that prices goods competitively only in BTC and does not adjust them per the exchange rate?  Spoiler alert, one doesn't exist.

It is not me who doesn't understand.  I have decades of trading experience with multiple currencies.  I would have been fired had I made an investment in Zimbabwe and then tried to justify it by saying that I was seeing huge annual gains in Zimbabwe dollars.  That is in essence what you are all doing with the line of thinking in this thread.  I really hope you understand now.  Wink

There is a reason why all major companies that you all get excited about when they start accepting Bitcoin use USD to establish their pricing and not BTC.  The securities (I use this term very loosely) exchanges don't price in USD for legal reasons, and that tricks the weak minded into not seeing what is going on.  Hence how so many people without global trading experience come here and complain about all BTC securities.  They simply don't understand what they're doing and try to blame the market instead of themselves.
16935  Economy / Securities / Re: Why Do You Invest? on: June 25, 2014, 08:34:45 PM
OgNasty, those investments had only went down in value regarding of the BTC usd price. The poit you fail to understand is that if you invested 10 BTC when BTC was $1000 and even if BTC went down to $1, offcourse you are not happy

OK, so you aren't happy regardless of what happens unless you see gains in both USD and BTC.  OK, I got it now. 


@OgNasty:
I have given you a chart spanning a year's time.  BTC price has went up x10 and halved again.  If there was a price correlation, it should be observable.
And "security you are investing in is run properly"?!  You came to the wrong hood, bro.  I've just gave you a list of securities, and, apparently, none of them are "run properly" Cheesy

Finally, you wanna hedge against Bitcoin?  Buy dollars.  Simple.

You are giving me the chart of the market's trades, not the asset's value.  Some people are stupid enough to trade without understanding what they are doing with regard to the exchange rate (see this thread), so try looking at the end result instead of the market perception and maybe you'll grasp the concept?  When you break everything down per trade in USD value, you can actually see the real performance of these assets, most of which are still horrible.

What if you want to hedge against dollars and Bitcoin?
16936  Economy / Securities / Re: Why Do You Invest? on: June 25, 2014, 08:19:42 PM
Of course I'd be upset that BTC has been devalued in respect to USD.  I hope you're not suggesting that bitcoin "investments" would somehow provide a hedge against that?  

I'm not just suggesting it.  I'm stating that if the security you are investing in is run properly, it will most certainly provide a hedge as opposed to 100% exposure to one currency or another.


There's no clear correlation between BTC price and the price of a Havelock basket.

You're kidding right?  Try taking a longer view of the market instead of looking day to day...  BTC is up thousands of % and BTC denominated securities have seen their prices lowered as a result.  It isn't rocket science...  That is why I say valuing them in a different way then say Amagi Metals values their gold/silver or Overstock.com values their products in BTC is simply investors not understanding what it is they're doing.


EDIT: Just to further prove my point... If you purchased 100 BTC at $2 and now go and sell them all for $55,000, go ahead and tell the IRS you saw no gain because you bought 100 BTC and sold 100 BTC.  Then you can join mpoe in prison while continuing to believe you are right and everyone else is wrong.
16937  Economy / Securities / Re: Why Do You Invest? on: June 25, 2014, 07:52:53 PM
Let me easily tell you why you are all wrong.

You all say your goal is to increase BTC.  That is easy to say while BTC is rising in value.  What if BTC drops from $560 down to $0.01 while your BTC investment doubles?  Would you be happy your $560 investment is now worth $0.02, or would you be angry that you lost all the real value of your investment?

Also, if you think that a mining investment is only in BTC you don't clearly understand what the costs of running a business are priced in.

Please people, use common sense.  You aren't investing USD, you are investing BTC.  However, claiming you're investing to get more BTC is simply you being dishonest with yourselves.  You are all investing to acquire more wealth, not BTC.  Becoming infatuated with the BTC price increase to tear down every other asset in existence displays a disconnection from reality that is most certainly a warning to others of mental instability.


Also you say about a company has no value because: "all they did was take your BTC and hold it in USD". You are wrong again and here is why: A company that know when to convert BTC to usd and usd to BTC would be one of the most profitable companyes of our time giving the volatility of the market and would make extremely huge profits for investors if such a company should exist.

There would be no real profits at all in the example I gave of a company cashing out BTC raised from an IPO and then gaining BTC value as the exchange rate dropped.  The USD invested would be identical to the USD investment in the company regardless of the last exchange rate.  You would have no added purchasing power whatsoever and thus, have not gained anything.  However, the thread starter would congratulate you on such amazing performance, even though you could have found millions of better performing assets to invest in.  While I do agree that most BTC securities are garbage (see mpex's current offerings), at least show the value that they've lost in purchasing power and not just the result of the BTC rate performance from the time they IPO'd til now.  That is foolish and not beneficial to any intelligent investor.


OK.  If keeping your coin in your pocket makes you *more* dollars, why would you "invest"?

There's this thing in investing called diversification.  It's sort of important to know if you're going to pretend to be an investment guru.  You might want to look it up.  Also, I never claimed that keeping coins will make you more dollars.  Ask someone who bought in at $1,000...  You're using your own personal experience of losing BTC hand over fist and trying to blame a market you don't grasp.  Sad, because I used to think you had some intelligence, but now I can see that your current legal dilemma has brought more trolling out of you, while at the same time removing any coherent thought.
16938  Economy / Services / Re: Looking for a Video Creator to Make Informational Cartoon Style Video... on: June 25, 2014, 07:06:32 PM
Still looking...
16939  Economy / Securities / Re: Why Do You Invest? on: June 25, 2014, 06:21:27 PM
Valuing these offerings over time in BTC is idiotic...  Valuing 99.9% of the things on this planet in BTC over time will result in them looking like they have lost a ton of value when in fact they have not...  There is a reason that while Bitcoin is accepted as a means of exchange, things are still priced in USD.  By your account, buying a home, stocks, gold, dollars, etc, would have all been horrible "investments" due to their lack of performance against Bitcoin.  I really wish idiots that didn't understand simple accounting would stop pretending to be intelligent investors and accept that they are shills hiding behind a veil of idiocy to further an agenda.  

Using your line of thinking, any IPO that happened around the $1,000/BTC mark should look like an amazing investment now, even if all they did was take your BTC and hold it in USD.  Obviously only an idiot would think that an entity actually gained value with that course of action.

You ask why people invest...  Let me answer that for you as I have decades of experience providing analysis to investors...  Every investor I have met up until this point in my life would answer that question the same.  People invest to make dollars.  Now, stop pretending to be an idiot and go take the time to do the actual numbers including the average prices paid at the exchange rates during the time if you want to provide numbers with any kind of meaning behind them.  Otherwise, congratulations on a good troll.  It seems with your centralized exchange dying a slow painful manipulated death, you are upset to the point where you are just lashing out.  Given your legal circumstances and lack of maturity, I can understand your position and look forward to watching the continued deterioration of your mental state.
16940  Economy / Collectibles / Re: [WTS] Blank 5 BTC 2012 Casascius Coins - RIGHT-OFF-THE-ROLL! on: June 25, 2014, 05:58:10 PM
I will verify these coins are legit.

+1
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