lol

They are the same no matter how many you buy.

 

Let me tell you why your response is stupid. People that are on this forum know who he is, and if he does not ship the coins, then they will probably reveal his identity to everyone. Second, even if he is scamming, it's not like he'd get the kind of money you'd need to disappear. Sure, he gets a couple grand. But it's not the kind of money that changes your life. Thinking that he'd scam this little then disappear with the funds is just stupid, because that wouldn't make sense unless you were pulling off a MUCH larger scam.

EDIT: Smoothie revealed his real world identity. Happy?

I've been buying and selling the whole way down.  My feeling is we will see the 50's but that may very will be the bottom of this thing.  If we break though the amount of resistance in the 50's and hit the 40's, abandon all hope...Bitcoin is dead.

What about PayPal chargeback?

So what was your policy?

I tried selling some BTC on eBay a few days before the crash and the buyer messaged me with his bitcoin address saying that he would pay half the purchase price first, and after he received the full BTC amount, he would send the other half of the payment (yeah right).  

I told him I would send the BTC to the address he provided, and after they are sent I would message him blockexplorer.com link to the transaction.  That way if either of us claimed to have been scammed, when eBay looks through our message history they will see proof of the bitcoins being sent to the address the buyer provided.

The buyer only responded a week later claiming to have had his account compromised and that eBay was looking into it.

its at $20,000 right now.

And as for the whole BFL discussion, all I know - all I want to know - and all I need to know is that BFL is almost 3/4 of a year late on their delivery. I don't care why. I don't need excuses. Other people don't need excuses. Especially when those excuses are bemuddled in a "support forum" that is more disastrous and clumsy than any college startup I've ever seen. There are teams of 5 teenagers that can handle a business better than BFL. The blackout lengths of information for customers that have paid UPFRONT thousands of dollars are left wondering every day "where is the next update? What happened? Maybe tomorrow? Or next week? or the next week?"

BFL has stated going on 5~ times now Singles will be shipping very soon or within the next week. I'm watching the blog posts by BFL_Jody, I see "No singles shipped today, no singles shipped today, no singles shipped today, oh wait... 1 Single shipped today and 2 minirigs. AND EVERY JALEPENO UP TO SEPTEMBER 2nd ORDERS!"
Utter disaster. We got scammed. And the minirig people got completely shafted. They took the most risk, and BFL got the most money from them, and they did nothing~~~~ to support them. I'm happy the number of minirigs going out is increasing even more so than singles, even at my own despair.

I don´t get it, who sells bitcoins at ebay for paypal. There are a lot of scammers outside. Or do they ship a coldwallet to the adress mentioned on paypal and reload it when sucessfully shipped ?

It's not possible in principle unless you have a time horizon set on every interest bearing asset. It is a necessary system invariant that if you want to ripple through someone, you give them something they value equally to (or greater than) what you take from them. This is not possible to enforce for interest bearing assets without a time horizon set on every asset.

Say you have an asset that you value today at 10 USD and it has an 8% interest rate. And say I want to ripple through you and take in exchange another asset that you value today at 10 USD that has an 8% interest rate. Is that fair? Well, it depends on the time horizons. Worse, a longer time horizon is good if the interest rate is good but bad if the interest rate is bad. So you need every user to set a target interest rate and a time horizon for every asset.

So it can't work unless you know the time horizon and, worse, also the baseline interest rate. But if you know the time horizon, the interest can just be added to the balance at issue time. Then it all "just works" because you know the present value of every asset.

We will support interest through contracts, but IMO, it's not necessary and doesn't work well. If a $10 IOU from me is worth $9, then we can just trade the $10 IOU for $9 and there's no need for interest because it's an even exchange.

You have to know the time horizon to value an asset that pays interest. For example, if one person owes you $10 at 10% and another person owes you $10 at 15%, which asset is worth more? Well, you might think it's the one at 15%, but if they pay you back tomorrow, the interest rate is irrelevant. So you must know the time horizon to value an asset with interest. But if you do know the time horizon, the interest is not needed. If I'm going to loan you $100 at 10% and I know the time horizon is a year, we can just make the IOU for $110. There's no need for interest.

This is a bit oversimplified, but hopefully the basic idea comes across.

ad.1 you forgot to add XRP has no value so you cant transfer any value using it. Calculation is simple 0 * value = 0
And since they are handing xrp for free there is no way for it to have value on its own.

At that price, the total XRP pool is worth almost 2B USD, and OpenCoin's share is already worth 500M (albeit in a very illiquid/fragile market). I bet they're not raising money at that valuation from investors, though.

This is a waiting game. If you put money into Ripple at this time, you are risking that OpenCoin never open sources or simply disappears. Speaking as an investor in XRP, I am well aware of this. As with any investment, use your head, think about the risks. Never risk more than you can afford. Don't listen to people on forums, make up your own opinion.

They would become worthless. Imagine if Bitstamp was hacked and their wallets emptied. What would the value of your Bitstamp account with a 1000 BTC balance be? Close to zero.