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Hi! I'd like to purchase your Ripples.
I'll pay you 1 BTC per 7,200 XRP.
the best rate posted here at the moment,
You will have to send first unless you have a good rating Or, we can use escrow, but share fees
PM me with amount and offer
Ta!
Notes I will update the purchase price as required.
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The identity of the anonymous sponsor will be revealed later. So when do we get to know who it is now that it's over? That's what I was wondering...? : ) it will be BTC-E |
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I could perhaps give the volume, but we'd have to severely reduce rates (to around BTCBOND level) if people want and we display exact information about every loan. The current rate works because we accept secured loans with interest slightly higher than this, because it's better than having the coins sitting there doing nothing, but the bulk of the profit for me comes from secured loans at much higher APRs. Quite frankly, I would not have the justification to spend the amount of time on CoinLenders if I am making a couple % a year off your deposits, instead of what the spread for me is now. eg, do you have more people seeking loans than funds at the moment? At the moment, no, but lending out coins isn't that consistent. Sometimes we get very large 3 (and even 4) digit secured loan requests. nah....just broad brush strokes, but hey, if it costs to much effort and you have to reduce rates, don't do it, I would rather somewhere I can spread my investment choice! |
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adamstgBit(5750uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACGr8Day|haveagr8day, 250 );
adamstgBit(5500uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACLEZ37|Darktongue, 250 );
Confirmed adamstgBit(5250uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACN1KKE1|Praxis , 250 ); confirmed |
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Guess I will save 100 BTC and cash out the rest. Looks like I should be good till I become a multi-billionaire!
this is the plan have about 100 BTC and wait. I think it will increase exponentially until it gets to full market share x market % of btc as a % of all CC's |
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The risk is really trusting me. There's few ways that this can go bad when more BTC are lent out fully secured, with options bought on the collateral so even if the underlying asset drops it doesn't affect anything.
Trade, one thing I would be interested in, is there an way to see the volume of loans on book, over time it would allow some sort metric to be applied. eg, do you have more people seeking loans than funds at the moment? I think your operation is very good though! |
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When accusing someone of empty claims, not backed up by any evidence, please don't use empty claims, not backed up by any evidence ... +1 well i ve faced a lot of those. haha but even if your right, he is giving 18- 25% return, you have to take risk to get that return rate |
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I'm bullish but i've got a hard-on for hating straight lines on a price chart. I don't believe in a function as simple this then again, don't ask me for the complex answer  +1 this thread though, Wall discussion is like trollbox mk. 2 but its not a straight line on a x = y plot, as the price is logarithmic y = log x |
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Post your future prediction graphs ITT So this is my super rough go at it, the good news is it seems to be about 21 months and we should be at 1K per btc, not so good is we only seem to have a floor for 100 in about 6 months it looks like the order of magnitude rate is every 12 - 13 months, until it flattens out (my guess in about 100K - 200K per BTC) because we all know the past *does* indicate future performance  edit fixed it up a bit |
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http://coinmkt.com/#/What have people heard about coinmkt is it supposed to be a high volume exchange? usd friendly? good hardware / software systems? lots of capital? security? hacking insurance? bigger than GOX, Btce or smaller? when will it open? any news on it at all...? edit looks a little bit not pro, eg typo's on blog/site BitInstant "BitInstant raise $1.5 million lead by the famous Winklevoss twins and has emerged as a key player in the nascent Bitcoin market: The company already processes approximately 30 percent of the money going into and out of Bitcoin, and last month alone facilitated 30,000 transactions, the Winklevosses said in a phone call this week." proof-of-work system.[3] With Bitcoin, for example,
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there should be and adamstgBit virtual currency booth, just in case any newbie isn't confused enough....on the third level as the final boss
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That will probably never happen. BTC would still be a running success if 10-50M people used it daily. What would you reckon the price range would be? 500 to 2500 USD (pro-rata or some other factor might apply?)
You made my day  I bet you were serious I am. His calculation is based on gold, so he simply swaps Bitcoin for gold. Using historical data for gold, rounding errors and whatnot and he obtains a nice round figure of 300.000USD (2013 value) per Bitcoin. But that's only when everyone uses Bitcoin (I'm counting 6 billion people, which might be a little too low). It's quite a simple calculation. https://bitcointalk.org/index.php?topic=174620.msg1886147#msg1886147The problem is whether this can stand the reality test. Maybe his assumptions are wrong etc. Bitcoin is not tied to a physical item, so, unlike gold, it can vanish. Will that risk factor be included in the price? OTOH, you can absolutely store paper wallets. You could thus make Bitcoin banknotes (or IOUs), so the market cap could be multiplied (but then we're right back where we started: a debt ridden system). Anyway, the whole Bitcoin experience is very interesting. Man, $300k per BTC this year is just a delusion of a crazy guy. You have to be as dumb as you could possibly get to do not see that Bitcoin's infrastructure is too weak to support that kind of adoption. The blockchain is not technically ready to support that kind of use (block size hard limit, etc.), let's leave apart Gox and the other exchanges managing that kind of "singularity" (LOL) in just a few months from now. Everybody in here sees the amazing potential of BTC. How it can go to the moon and skrocket very fast. We all see that, you don't need to be a Supernode 1337 trad3r. But the difference between the sane and the crazy guy is the latter loses touch with reality, being blind to hard facts like the very real limits of Bitcoin's infrastructure. That's why you should never trust your money to a guy like Rpietila, because when he goes nuts he loses sight with reality's knocking on his door. And he may very well end up leaving your BTC's in a Sauna. I not sure the Bitcoin infrastructure has to support it in the sense you may mean. The blockchain can handle any particular price, all that would happen is buying bitcoins would be too expensive except for the ultra rich and big corps and govs, which would use bit coins to do things like store wealth, big currency swaps, big deals and balance the nightly's I'm not saying BTC will go to 300K though. |
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can some one post in ITT some of those log versus time, graphs with the straight line for BTC price v time, the further out to the future the better, thanks in advance !!!
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When is the next one? I wont be able to attend for a while but there is interest around for another meetup I am very interested, but I am ok/prefer with waiting until you are available! Let me know your suggested date! |
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Can't believe XRP are selling for what they are.
I think the volume is not large though, and not much market depth....could be wrong though.... I trade XRP on ripple site I think that's the only place? |
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FTC I am at a loss to why FTC went from 0.0005 to 0.00115 over the last week or so and stayed there, and has realtively high trading levels, even when the chain was attacked fud, forked or something.... I can see no rational reason for it and yet there it is..... it seems to have no innovation, little deving vs say PPC.... And the fanaticism is so high, just see the troll box every second post is FTC related I just don't get it at all  ? WTF it should be no where near PPC.... please explain |
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What are benefits of mergemine?
You mine multiple coins at once (with the same hashes you already do). Does this work because if you can find a block for btc being the highest dif, then it must work for lower dif chains? |
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it may be the wrong sort of business for btc at this time
exchanges and money remittance is where BTC can out compete due to its natural advantage.
Remittance to a target country would clean up inmho
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Sure alts have a relatively small market cap, except XRP (though not a real market cap inmho as trade levels are too low), but every alt except ltc on BTC-e can only be originally be purchased by BTC, and in some cases LTC.
So do alts dilute the BTC price or merely spread the BTC's around more?
I am interested in your views!
I *think* alts function as a way of getting BTC's out of early adopters as they have enough to throw at a few at alts as an insurance policy, and alts are an evolutionary hotbed, sorta forcing this behavior of insurance in buy bying in for a few of them.
the caveat has to be for XRP as it has the implied size similar to BTC market cap which is why I think many BTC'rs feel strongly about it.
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Bitcoins are coming down, and the clones (alt coins) will go up.
There is no limited supply of 'bitcoins' and all it takes is copy and paste, and can create lots of coins.
the blockchain stores the value, the bitcoin blockchain has the most agreed value, I think you are confusing the software engine with the database |
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