... Greetings, Bitimix! I have used two other services ( sharedcoin.com and bitmixer.io, I have used both services about eight times) in the past month - 6 weeks or so. I am out of town now, but may have the opportunity to try your service out anyway. I always like "Idiot-Proof" instructions... As time goes by, please feel free to let us know more about you and your services. BTC mixing is a subject of much interest to me even though I own but 4.1 BTC or so. Or PM me. Best of luck! |
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... I once bought a 0.25 oz Gold Eagle from goldsilverbitcoin.com with BTC. There was a slight delay, but everything in the end went well. I live in the USA. Of course, YMMV... |
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Facebook has at least one BTC group, search for "Miami International Bitcoin" there.
EDIT: They have over 800 members, many NOT from Miami.
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findftp
Too bad Peru is so weak in BTC, I would like to buy gold while here on a visit.
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... cex.io would likely attract more people interested in cloud mining if they offered a better rate of return. If they were to do that, they would get more capital to buy more & faster ASICs. Offer an interesting service and share the wealth. Add value to your customers/investors. THAT is how a company succeeds. |
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Re "Store of Value", the Central Banks have already decided re between gold & silver. They chose gold!
I choose Pt over Ag even though they are both useful in industry, but Pt is more "value dense" (more $, less space). I wrote that Pt would be for "optimists" as Pt is used in catalytic converters (etc.), and so if the world continues its general march to ever increasing wealth (albeit slowly, with its ups & downs), platinum and even palladium (an interesting metal in its own right) will continue to grow in value. Those two are much rarer than gold.
Silver would be more valuable in a SHTF, especially "junk silver" (pre-1965 dimes & quarters, easy for Americans to recognize). But, once you have more than a few thousand dollars worth of silver, it takes up space!
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... sharedcoin.com <--- probably affiliated with blockchain.infobitmixer.ioI have used both services about EIGHT times each to cover my trail of my four active wallets and their BTC. Both services appear to work pretty differently, but both have seemed to work OK for me. My largest transfer using each service was some $400 worth of BTC. Both services took roughly the same amount of time. I was able to use the blockchain.info "taint analysis" services to check "the trail", and it looked OK to this non-expert, although in one case there was a 55% taint from an intermediary wallet, and in one other case TWO of my older wallets showed up as funding sources (2% taint in one case, 0.9% taint in the other), BOTH wallets had their BTC run through both services. Again, both looked OK to me. Often blockchain.info "taint analysis" service gets "timed out" (an error, 524 or 522...), it took me some 20 attempts before I could check all four wallets. *** How about YOUR experiences? I am very interested to hear. I used these two because I see their ads. Are there other good mixing services with impeccable reputations?*** How about other "taint analysis" services out there? So far, the ONLY one I know of is blockchain.info's. Thank you! |
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Pareto's 80/20 law is not true in all situations. You have seen above the numbers are more skewed than that (perhaps 95/5).
Our own bearing sales in Peru are about 85/15 to 90/20, both by customer and by part number.
For the short-term, it looks like to me (no expert!) that Bitcoin wins...
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BTC has one other very important use: it is very mobile, you can take a lot of value when you get on that flight to Europe...
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"Money Laundering" is best defined as having any money that the government does not know about.
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Clearly it is better to own both Au and BTC. How much of each? That's up to you.
When you decide on further diversification, at least in financial assets, I would suggest platinum or palladium (even before silver). Pt and Pd are for optimists! Those metals will do just fine if the world advances as we hope.
Au and BTC in case things get bad...
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Li Ka-Shing did not get so rich by being a dummy. It is worthwhile to watch what the extremely rich do (as opposed to what they say). I believe Li Ka-Shing is diversfying out of China and Hong Kong. A big BTC position might be very smart.
* * *
Another great example was Warren Buffett buying the BSNF railroad a couple of years ago or so. He called it "a bet on America", but, Jim Rickards characterized it better as a hard asset. A hard asset that transports other hard assets... Buffett is not stupid either.
Bitcoin, in a sense, is a hard asset as well.
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... "Taint", in layman's terms (all that I can understand), refers to how traceable your "new BTC" (after run through the mixing service) are back to older wallets. The lower the taint, the better a job the mixing service does to obscure where you got your BTC. Here is a screen shot of blockchain.info's taint analysis (edited for privacy):  |
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... I have tried both bitmixer.io and sharedcoin.com servcies for mixing BTC, they both worked just fine, I have run them four times each. One thing I was curious to do (and then look at taint) was to run some BTC through one service, and then use the other service on the "return trip". That is: 1) I sent BTC from MultiBit via bitmixer to my blockchain.info wallet and then 2) Sent about the same amount of BTC back to MultiBit (a new wallet) via sharedcoin. Once back to MultiBit, I wanted to run blockchain.info's "Taint Analysis" on these wallets. But, I have been having trouble for over 24 hours now with getting "timed out" by blockchain.info (" Error 524")... Over and over, with wallets at blockchain.info as well as MB wallets, same results, time out errors from blockchain.info. A few days ago I did it with no problem. -- Is anyone else having trouble with blockchain.info's Taint Analysis service? -- Are there other simple taint analysis tools that we can run?Thanks for any help! *** EDIT: Just got one of the MultiBit wallets to show up on blockchain.info's service. The maximum taint was 11.67%, four other wallets showed taint of a bit over 11%. Various other wallets came in with 1% - 3%, and LOTS came in under 1%. Keep in mind that this wallet has just ONE transaction (incoming) and the BTC run through both bitmixer and sharedcoin. Comments very welcome! |
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... OK! Thanks guys! I won't waste my money then.  |
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... I have never been part of a could mining service nor mined BTC. But, I am interested in cointerra's new cloud mining contracts, see below: http://mining.cointerra.com/shop/For example, their 2 THs plan for 1 year would be $7999.00 (200 Ghs for $999 for 1 year). I have not checked cex.io's latest pricing, but cointerra's might be lower. Cointerra builds their own machines too. For all you rich guys out there, they offer a 1 PHs plan (1,000,000 GHs)... Has anyone here done this sort of thing? What have been your experiences? How do cointerra's plans look? And vs. the competition? *** Many thanks for any insights! ... |
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The fellow I met through localbitcoins.com has traveled to Argentina a few times and told me there is fast growing interest there among many people for Bitcoin. And I have read as well what a couple of above posters have noted:
A large premium for BTC there vs. BTC price here in the USA. The BTC premium is as much as for cash dollars.
Yes, it does look like one could travel to Argentina and eat great steak and drink fine wine and perhaps even pay for the trip by bringing along BTC.
***
I do not know how to make this a commercial idea however. The products I deal in (bearings for cars) are not made (for the most part) in Argentina, and I am not in a position to judge the ideas of above posters.
But, there is likely money to be made, and help to the Argentine economy as a whole, if people can find a way to give Argentines more financial security (holding BTC) while getting Argentine products at a good price. And this would help to subvert the onerous and unfair capital controls imposed by the increasingly authoritarian government there.
And, perhaps BTC's greatest and highest use is to give people there the freedom to use their own capital as they see fit.
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@ Dr Bloggood I changed my mind and decided to buy Rickards' book. So far, I am finding much better than I had thought it would be. I have read a lot of doomer-financial stuff, but Rickards looks like he is very much on top of the game as well as being well-connected. I'll report back with my own review when I finish it, but it has kick-started some ideas that I will think about and share here if they seem to be good. EDIT: @ AnonyMint I too believe that China will crash hard, and that Germany is at great risk (as is the USA). Many old models are likely to collapse. Debt is a killer. I would agree that there is worldwide overcapacity in most products. That does not seem to be the case for "tapered roller bearings", we cannot get enough (from Korea anyway). @ all Zero Hedge today had a piece on Japan's national debt reaching 1.02 quadrillion Yen...: http://www.zerohedge.com/news/2014-05-10/japan-debt-update-%C2%A5102000000000000000*** Disclosure: our Chinese car wheel bearings sell very well in Peru. |
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... @ vinboy Well, no, I cannot guarantee that bitmixer.io is 100% legitimate, but I have used their service twice. Last time was for about $111.00 (0.25 BTC a few days ago). I have also used sharedcoin.com, which appears to be affiliated with blockchain.info. Suggestions: start small, don't do big transactions until you have done several transactions through time, and keep reading Bitcoin sites (looking for reports just like you wrote!)*** One man's experience, "YMMV": goo.gl/tXeivtIf the mods do not like that kind of a link, then "Google": " dochenrollingbearing, blog" which should get you there. |
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... Hi, J. J., I presume by now that you figured out that I was "MSU", just yanking your chain... I just made up names that sounded plausible and put up some math topics I only vaguely know...  |
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