With returns so high, it must be a ponzi

Wow, that turned out pretty nice. I wonder if next month will be as good?

I really like how btct sends me an email with every transaction, dividend, and notification from the assets which I own. (Hint, hint, nudge, nudge, BitFunder *cough*, when my order gets filled I should get a notification instead of not finding out about it until I log in several hours later, and only then if I check the transaction tab)

What? Clearly bitcoins are not pegged to anything. On the 22nd you could get two chickens per bitcoin, but on the 25th you could get three chickens per bitcoin. That is an amazing 50% gain in three days. The USD price of chickens remained unchanged over those three days.

But he lost all his money on that typo, so he can't make the same mistake again.

Money will flow from the stupid/weak/careless to the smart/strong/careful.

The bitcoins are not actually stored offline. Only the private key. Imagine it like a mailbox, anybody can put money in, but only the person with the key can move the money to another box. When you make a transaction, it is like sticking some of the money out of the box with a receipt saying where to put it; the miners come along and whoever wins the miner lottery takes all the money sticking out of the boxes and puts it where the receipts say, keeping whatever tip is sticking out with it (the transaction fee) and adding a new bunch of money out of thin air (the block reward, currently 25 btc).

Having an "ofline" wallet just means that the private key for that bitcoin address is stored somewhere like written on a piece of paper, instead of having it loaded in the bitcoin wallet on your computer. In order to spend any money from the offline wallet, the address must first be imported into the client.

Bitcoins cannot be destroyed or lost, and the network does not care if you never plan to move them again (but if you lose the private key then they are pretty much lost, since there is no way to use them. I guess there are ways to destroy bitcoins, by sending them to an unusable address, but the normal client will not let you do that, there have been some people who destroyed bitcoins accidentally using custom software).

Touche.

That's quite a spin, Peter. SILVER has 3 upvotes and 4 downvotes. Given enough time, a week or three, it's pretty obvious I would have been approved. However I decided to list on BitFunder instead. Both exchanges have their advantages. However, in this case I feel BitFunder was the better horse for several factors including security of the wallet and the newswire. Sure, BTC-TC has some advanced features as well. Perhaps in time burnside and Ukyo can work together on a shared system and the community would benefit from that. Perhaps not, it is just an idle thought.

Hmm. WRT your other comment. I didn't mention BTC-TC above so please don't put words in my mouth. I did not (and would never) talk smack about BTC-TC. I like burnside and I respect him.
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I am not saying there is anything wrong with BitFunder, but it does seem strange that you came to this conclusion only after trying to list your asset on another exchange.

I guess it was in another thread where you said you had sold off your shares of LTC-Global or something like that.

If you got a few of the words crossing it, then it would probably jump out at you. If you did put in MONEY, then it would be ovious that was wrong as soon as you tried to do any of the crossing words. You probably would not need to know much about bitcoins to get the crossword right. I wonder how many people wikipediaed "bitcoins" while or after doing this crossword puzzle?

So Usagi tried to list his Silver company on BTCT.co, but the moderators are sick of his nonsense and voted against allowing it. So now he jumped over to BitFunder, and he is talking smack against btct.co because he is mad at them for stopping his latest scam investment opportunity.

Reminds me of how Bakewell was getting tons of downvotes on BTCT and so they jumped over to BitFunder to try to erase some of the negative history.

Edit: To be fair, I have no reason to beleive that Usagi is using SILVER to scam people.

A while ago (about July 2011) I predicted that one of the major uses for bitcoins would be for investors. Shares of companies seem like one of the most natural markets for bitcoins. As more people with assets join bitcoin looking for a place to park their cash, and more people with worthwhile companies start asking for bitcoin investment, this sector will explode.

Unless you go under and can't give back the shares. There is always a risk somewhere.

I wonder if you would be able to buy back shares, the volumes on most of these are really low? What volume of shares are you looking to short?

Yesterday I took my family of five out to dinner at Taco Bell, we spent about the same mount as it costs to get one bitcoin now.

It has been a while since I bought chicken (my wife usually does the grocery shopping), but I think you could get three chickens here for a bitcoin. It helps that bitcoins have been jumping up in price.

SatoshiDice does business in bitcoins, so having the exchange rate go up is actually good for this stock.
Obviously a large number of people did not think the IPO was overpriced, since they bought up the shares.

SatoshiDice is doing much better than my 401k, I wish there was an easy way to move some of the money over without having to pay lots of money in withdrawal fees and taxes.

Ah, but that is where the supply and demand "at a certain price" comes in. It may be worth buying at 0.005 btc/share, but not as good a deal at 0.0055 btc/share, so people do not bid up the price. But if somebody comes along ad sells more shares, that does not change the calculation of whether it is worth buying at 0.005 so people will continue buying the shares. 

Right, share price. If evoorhees puts up a sell order for a million shares, that would not necessarily drop the price of the stock. If it is worth buying, then if more share go up for sale there will just be more people buying shares.

A better strategy: double your bitcoin by buying S.DICE

It is hard to value it until the final numbers are released. I would buy more shares if it is below 0.1, but I would sell shares above 0.5. I bet the price will jump around quite a bit when trading starts.

I think there should be a "at a certain price" somewhere in there. If evoorhees puts up a sell order of 10 million shares at the current price,  that would not affect the amount of dividends I get from my shares next month.

Why do you think another 10 million shares injected would crash the price? If it is a good investment at the current price for the 1st 10% of the company, why wouldn't it be a good investment for the second 10% of the company?