Stop messing your investors about and pay them their dividends. I really don't understand why this has not been done yet. 1. You have the confirmed list of addresses. 2. You have the BTC 3. You have the technical know how and ability.
Just push it through. I can only +1 this. I'm not filling out that insance cryptomex kyc form. I was planning to trade the shares, but I can live without. I don't understand why you don't pay dividends. The argument that some people might not be in control of the private keys can be solved by requiring them to sign some "yes, please pay dividends to the address used to sign this" message on the icedrill.io site, which you created - if I recall correctly - to be able to pay dividends. |
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All my computing life I have been taught and taught students how to compute things in the most efficient way. It turns my stomach seeing that much computing power (and electrical power) wasted.  same but then our entire economy is very wasteful http://www.zerohedge.com/news/2014-05-16/where-worlds-unsold-cars-go-dieI'm sure eventually we'll switch to a better crypto system or energy sources like thorium. That zerohedge article really impressed me and made the wastefulness of our actions graspable for me. "Yay! We're building more cars, the economy is growing, elect us again!" We need to end this "continuous growth paradigm" that is partly a consequence of (or at least intricately intertwined with) the type of money we use. Transitioning to using sound money is a big step towards becoming more resource efficient. The psychopathic powers that be are already shitting their pants regarding their debt regimes threatening to fall apart (Beligum), trying to start ww3 to get out of that deadlock they have maneuvered themselves into. I hope the people of the world will be prudent enough to see through the false flags (example: chemical attacks in syria last year) and violent provocations by payed mercenaries. I also hope our whistleblowers will keep informing us. I think the easiest and most effective step we can take as people of the world in order to scale down our natural resource usage and to avoid bloody conflict is to transition to using crypto. It'll force governments into fiscal prudence eventually and it'll force actors making bad decisions to suffer the consequences of their actions, as it should be. |
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Risto, please come back! This thread is starting to go full retard in your absence.
yeah. I tremendously enjoyed page 169 with ErisDiscordia, zimmah and others discussing inflation/deflation and other broader things less narrow-mindedly. Now this. Meh. These forums used to be a great place. I guess greed, fear and the mindset of so many new members poisened this community quite a bit more than I'd like to admit. |
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Is this US only service? Haven't found much on their website...
Allister (!) specifically says in the video it's a global service. |
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 #onedgeofseatwithpopcorn You're looking at huobi. Drawing a similar line on bitstamp chart  shows the downtrend has been pierced to the upside, which was a point in the article: What this chart first shows is that the bitcoin market's decline has been contained within similar rails, which re-inforces the point that this really is how markets and price action evolve.
But what is special about this chart is the right hand edge, where we can see that for the first time, the market is trading beyond the upper extreme of descending resistance.
And this, for us, is a clear indication that the downtrend which has dominated the first half of 2014, is finally running out of steam.
So what are you trying to say? Actually the difference here is that you are using a linear chart and I am using a log chart. Fair enough. |
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#onedgeofseatwithpopcorn You're looking at huobi. Drawing a similar line on bitstamp chart shows the downtrend has been pierced to the upside, which was a point in the article: What this chart first shows is that the bitcoin market's decline has been contained within similar rails, which re-inforces the point that this really is how markets and price action evolve.
But what is special about this chart is the right hand edge, where we can see that for the first time, the market is trading beyond the upper extreme of descending resistance.
And this, for us, is a clear indication that the downtrend which has dominated the first half of 2014, is finally running out of steam.
So what are you trying to say? |
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Any big investor would certainly keep their investment lowkey!
Agreed, I certainly would. From time to time, I would log-in to my wallet just to marvel at my 5-7 figure BTC  I doubt you would "log-in" to your wallet. You'd likely have that stash better secured than in an online wallet. |
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Now the problem is how to be able to invest when the coin is cheap.
No, forget about that. You told that you are already nearly fully invested. Keep the rest as a cushion. Planning how practically to execute the sale of the bitcoins is also important. You cannot suddenly repatriate millions of dollars to your bank for example (the limit of "suspicious activity" may be much smaller such as $5k!). I just posted a thread asking about this: I'm a very small owner of BTC, but when it is worth a lot I'll want to have some cash. What are the best countries to receive the money from exchanges? Would withdrawing $1000 or so per day not be considered "suspicious activity" as well? I fear that even the smallest amount could be heavily taxed... When Bitcoin is worth a lot, maybe you wont have to (want to) "cash out" any more? What do you think are the circumstances for Bitcoin to be worth say $100,000. I don't think it'd be sensible, maybe not even feasable, to exchange for cash since either everyone will accept BTC or noone will want any USD, or both. |
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you're only shipping to uk? |
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It's especially frustrating because I'm NEARLY fully invested in so I'd really like to get the best value for my last investment FOR ONCE. I know im reasoning short term, but I'm sure I could have done better.
My advice would be to wait for bitcoin to hit $100. Then you get a reasonable value for your last dollars. Before choking, listen to the reasoning: Bitcoin is going to incredible heights. I think I have just about lost all faith in BTC going to incredible heights. Seems like adoption has slowed & there are too many attempts to stifle it. That's actually a good thing  |
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It's especially frustrating because I'm NEARLY fully invested in so I'd really like to get the best value for my last investment FOR ONCE. I know im reasoning short term, but I'm sure I could have done better.
My advice would be to wait for bitcoin to hit $100. Then you get a reasonable value for your last dollars. Before choking, listen to the reasoning: Bitcoin is going to incredible heights. If you go all-in now and the price goes down, or stays at this level for any longer time, you are tempted to sell at a loss. If it goes up, you are tempted to sell at least a part of your position way too early. If you wait until it hits $100 (which it doesn't), then your attitude is always that "I could have bought more coins, but didn't, so I have to hold on to the ones I have". That way you don't sell out too cheaply, and in the end make both more dollars and bitcoins. And if it crashes hard, at least you still have some cash  rpietila, I commend you for your mastery of managing ones own psychology. |
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I have a withdraw pending approval since 4/30. Never took so long before. Anything I should know?
Can you please PM the amount? I'll look into it..... thanks and have a good day Giancarlo Bitfinex Team don't worry, it arrived shortly after. thanks for a great service! |
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I have a withdraw pending approval since 4/30. Never took so long before. Anything I should know?
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So
100 satoshis = 1 bit
and
1 million bits = 1 coin?
am i right?
That appears to be the idea in this thread. I very much like this idea, but unless a coin is worth 1 million then that is still way too many numbers for: Idiots- (yes mean but we all know them), average joes, older persons(not all), and electronically handicapped(mother) will still have difficulties and they account for a big number of the population currently. Idiots and Joes have much less of a problem with a price like 12 thousand bits or even 120 million bits than with a price like 0.0012 BTC. Me included. |
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1 bit is also 1/8 of one USD.
Seeing all the hoopla over BTC versus XBT I would support the following:
1 BTC = 1 Bitcoin = same as it ever was
1 XBT = 1 Bit = 0.000001 BTC
1000000 XBT (Bit) = 1 BTC (Bitcoin)
I would be behind this 100% as it "fixes" the whole BTC/XBT issue and give those who have been worried about the size of the BTC something to use.
wow, we're really cleaning up now . like it. |
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Best news I have heard all day  I like the transition suggested: go to 6 decimals first (1 coffe = 0.009138 BTC), then just drop the "0." (1 coffee = 9138 bits). |
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I'm very happy for all of you that were able to buy at the $350 range but at same time I must admit I'm a little jealous!  I wouldn't rule out a revisit completely. It's possible we'll go there again, maybe even visit $266. I personally think that's unlikely, though. |
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URGENT, Bitcoin is on the verge of collapse !!!
Just a little patience lol |
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