You can't select. Selling a financial product without approval is illegal.

Oh and I will tease you guys when this shit blows up and laugh non-stop, just wait.

Brave words, but not much else.  
If they were relevant then why do you think the Winklevoss did file for a permission? Financial products are subject to regulations and procedures and I can't see how these second market guys have done that. If it were that easy the Winklevoss would probably have done it already.

How so? Currently we don't even know if this is at all permitted, financial regulators are already up to Bitcoin, what do you think they'll do to a loophole?

Surely investment managers are too stupid to do that. 


When it comes down to it The Bitcoin Investment Trust exists because the perpetrators can't sell their Bitcoins with mtgox stalled. But what the crap, I mean go for it guys, perhaps you should bake your own fund too, but then you'd have to realize that in order to take your capital gains with you you'd have to cash out in one way or another.

Since this thread is more or less about alternative energy sources, that 15% panel efficacy can be dramatically improved, with nantennas. Molecular scale antennas imprinted on a metal foil. They are not subject to the Carnot limit (allegedly). They already work but we cannot rectify the energy yet to utilize it as electricity, But even if it were possible to utilize half of their output it would mean 50% efficiency and cheap and flexible enough to use it everywhere we live.

Yeah, mining, or wasting energy as a form of a contest is unsustainable either way. It doesn't really matter how much energy we would have since the contest is tied to the cost of the energy.
Even if we had thorium reactors or even fusion power it wouldn't be enough. We'd probably make ourself extinct by heating the atmosphere beyond our living conditions.

1kW is an average solar radiance during daytime, of course it's higher on the equator and lower at the poles and varies during seasons. That's why I said use one hour a day.
It's also more like a rule of thumb.

e: You're right, it's not an average which is 250w/m2, well there is 2400x margin for error in my estimation.

Currently there are 21138 sqm of land mass per Person.
If we leave out 50% of that for wilderness and utilize 1% that would be 105.69sqm of solar power on average.
If we utilize that only one hour a day that would still be 4.4kW of continuous power. I also left a 2400x margin.

Perhaps they think anything they can tell us would make the situation worse, and perhaps they're right.

But it gets us quite a long way. The energy solar radiation is approx 1kW/sqm an there are only a few applications which consume power at an higher density.

At this point I think that mtgox doesn't know what's going on either. That means they have no idea what's wrong with their banks, they just can't access their funds.
It seems to me that the FEDs have frozen or at least partially suspended their accounts. This would also be in tune with the Roger Ver Video. (Irony is that's the last we've heard something from them.)

How I see it these funds expose one to the same risk of owning Bitcoins with the additional counter party risk and none of the advantages a cryptocurrency has. The only excuse I can come up with is that it is meant to act as a loophole for people managing other peoples money who can't buy Bitcoins. This strikes me as nothing more than a pump and dump scam. Once they sold a sufficient part of their derivate they could even crash the price on the exchanges for a hefty profit.
There are reasons to have Bitcoins besides that but this is entirely toxic shit. I hope they get slammed hard by the FEDs and I am quite positive that they will be.

I wonder how much similarity is between the lists, I guess is it's over 50%, although Jaroslaw has been tapping into another "source" for sure.
Either way it seems having an obnoxious personality only gets you so far, "the market" seems saturated for now.

This is about the SECOND MARKET GUYS themselves, not the people they are hoping to lure into buying their derivate. They bought more coins than the market can take in this condition and coming up with such a scheme is the only way out for them right now. Of course buying into that would be even more idiotic, but that doesn't stop them from trying.
The Winklevoss are trying the same exact thing, getting rid of their coins without really "selling them", doesn't seem to be working..

Winkledouche 2.0, more suckers who can't cash out with no liquidity.

nuff said

Bitstamp uses it instead of codes, if you factor in exchanges it is. Deal with it.

Which is powered by the enthalpy between the ambient air and the water.
So not even close.

Well he is said to have lost his mind in the last years. The stuff he did come up with prior to his death functions as a crank magnet. Mostly his dispute with Einstein and the rest of the community of the time. This makes him look like a role model to people who think they are up to something but have more screws loose than Tesla had at an old age.

Finally we are starting to get into the real crank territory.

Zerocoin will only happen in the form of an altcoin.

Make sure they don't have any pitchforks!

That awkward moment when you realize rpietila now falls into the modest category in comparison.