lol. We went from $2 to $10 in less then a year.. $10 to $100 seems doable.. Triple digits baby!  |
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When do we hit triple digits??
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Yup, probably pull back a bit and then rise into the next FOMC meeting.
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Payment sent for the 2x 5850s.
Payment received and shipping information sent. Cards received. There was a small problem but Buckwheat was more then reasonable and took care of it quickly. Great transaction. |
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I'll sell JTME's for $1000.
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I'm not quite sure how you arrive at 1000%. Should be higher if you count a full 5.5% at "face value," or "only" about 600% if you count it at the sell price (that seems like the more accurate figure to me). You get .055BTC per bond. At 1.6BTC per bond, that .055BTC buys you .034375 bonds. So if you start a week with one bond in value, you end a week with the value of 1.034375 bonds. There are 52 weeks in a year, and 1.034375^52 = 5.8. So in a year, you go from 1 units to 5.8 units, an increase of 4.8 units. That means the interest rate is 4,800%.1 to 5.8 is a 480% increase, not a 4800% increase. |
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I'm not so sure I agree with the pricing plan.
YARR pays 1% per day, or 7.214% compounded per week.
This proposed asset would pay 5.5% per week, or a bit over 30% less than YARR.
I suspect both asset issuers are trusted by most of the general population, or at least trusted enough not to hinder purchase of these bonds. Given that, I think the trust difference, if one exists, would have a negligible effect.
YARR's current market price is around ~1.7 BTC. Given that one share of YARR pays the equivalent of 1.31164 shares of this bond, one would conclude that this bond should be priced at around ~1.3 BTC, not ~1.5 to 1.6 BTC.
This is wrong, YARR doesn't pay on Sunday. Its 6.15% (1.01^6) compounded per week. |
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I'd buy a couple (functional) 5850s for 8 btc each.
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gold doesn't seem to be doing so well today. you covered too soon!! Maybe the fed will suprise us , everyone thinks they won't do anything. |
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thx for the heads up, bought the one that didn't have a repaired fan.
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I've noticed that silver seems to trade the phyzz at $33ish during this whole time spot has been 26-28.. Thats a pretty large markup, I wonder if were starting to see the beginning of a physical to spot price disparity. I haven't checked the markup on the big bags ($1000 face) of junk silver thu, they might have been closer to spot..
I have been buying at spot prices since we went under $30 from my local coin shop. Anything with a $5 markup is a numi coin. 1 oz American Eagles at spot? Or junk silver at spot? (+ sales tax)? I just looked even the big bags had about a 5% markup. It used to sell for almost exactly spot. |
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Thanks for the update Goat!
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I've noticed that silver seems to trade the phyzz at $33ish during this whole time spot has been 26-28.. Thats a pretty large markup, I wonder if were starting to see the beginning of a physical to spot price disparity. I haven't checked the markup on the big bags ($1000 face) of junk silver thu, they might have been closer to spot..
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this thread was started 3/13 Bitcoin 5.40 Gold 1690. today 7/31 Bitcoin 9.29 (up ~72%) Gold 1618 (down ~4%) BTC is closing in on the 2 bagger, Gold is inching back to parity. BTC is outperforming gold. GLD 157 (cyp sh @ 152) (Woot cypher covered!!) (this one can leave the update ) GPL 1.65 (Silver lg @ 1.98) (Double down may be needed ) |
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is btc-e bankrupt right now? our all money and coins gone?  The coins are probably gone, they probably still have all their USD (+ a whole pile of fake USD). |
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They halted trading!!  |
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Not a remote chance imo because: 1. Millionaires don't become millionaires by paying 5x-10x more than something is worth. 2. A millionaire wouldn't use a site like BTC-e. 3. There are way better methods to launder money without making a scene.  Like I said before, I x4'd my money because of whatever happened. I'm sure he may have bought a few hundred REALLY LOW (~8.80), then sold that few hundred REALLY HIGH ($60) Rofl I have increased my BTC-e holdings 112x today! |
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I like how on the BTC-E page it says:
"Our advantages:
•Trading in automatic mode.
•Addition USD deposits within 24 hour
•Instant deposit/withdrawal all coin
•USD Withdrawal within 24 hours
"
Yup really advantageous..
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This made me lol |
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