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Amagi, you should be selling the New Liberty Dollars as well.
Great discounts for volume, better than the ASE.
QTY Spot+
3 7.00
5 6.00
10 4.50
20 3.50
50 2.75
100 2.50
200 2.25
500 2.00
1000 1.75
5000 1.50
10K 1.40
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It benefits Bitcoin resilience.
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I know who it is  Good work detectives. I bet you don't know, as the block are coming from all around the world. I know. I know you know. I know that you know he knows, but neither of us know how the others know it. And if I once did, I probably wouldn't remember for very long, or even how I found out. |
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I know who it is Good work detectives. well? do tell. Don't tell. That would be telling. Safe landings. |
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Contemplation of the existential beingness yeilds the essential knowledge of nothingness beyond the phantom of quiescent patience.
NewLiberty(0uAC) = Wallet[ACL1B3RTY|NewLiberty]->GetBalance();
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The chips will get much cheaper as volumes rise.
And also as demand falls.
Remember the free market?
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who wants to bet that tomorrow the price of bitcoin will be below $120 at 2 - 1 odds  e.g you bet 0.5 btc that price will be over $120, if it goes over i pay out 1 btc, if its under you pay out 0.5 btc I would say the odds are attractive edit: I will raise it to 2.5 - 1, only a ten dollar increment, we all know thats possible with bitcoin Since you see the odds as attractive, you are doing this as a hedge against a buy?  of course not, think about it, i would need to buy like 25 bit coins, 2 and a half thousand dollars to pay off for one loss in the bet, if i was hedging with buys edit- approximately, it would therefore make more sense to not do the bet and keep the bit coins Before you dismiss it as absurd, consider that it is an honest question. It is not so uncommon really. To hedge a buy in such a way if you think it is going up, but slowly rather than swiftly. It is like buying, and selling short an out of the money call option with a one day expiration. If you find a buyer for your call, you essentially get in at a lower entry point and you also get the upside above 120 (unlike a call). The subtle point here is that this "betting" is a sort of derivatives market. |
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who wants to bet that tomorrow the price of bitcoin will be below $120
at 2 - 1 odds
e.g you bet 0.5 btc that price will be over $120, if it goes over i pay out 1 btc, if its under you pay out 0.5 btc
I would say the odds are attractive
edit: I will raise it to 2.5 - 1, only a ten dollar increment, we all know thats possible with bitcoin
Since you see the odds as attractive, you are doing this as a hedge against a buy? |
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Ever come across that historical example of capitalism working?
Hundreds, some better than others. A dozen of them were listed in that other thread you abandoned because you couldn't spin an argument, most of which were there before you were even a member of this forum. You choose to ignore them. I'm not obligated to do anything, and I'm not here to entertain you by doing tricks. LOL. Not a single one. Hundreds of examples of religious, paternalistic, collectivist(-ic) interactions of dependent 'protection money payers'. Zero self-sufficiency and independence. Self-sufficiency and independence (freedom) is there, where you produce for yourself (blood-community), but not for the hypercollective. You lost me after LOL. Warum ist Autarkie im Blut Gemeinde relevant Kapitalismus? |
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Owsley, If I don't miss my guess on your namesake, as a friend of the family, you have an inside connection with abstraction. In the interests of those needing a miracle, and in joyous celebration of having a confirmed wallet, I will now donate to you u250 abstractions in pursuit of the white light of an unencumbered mind, for the ample consideration of payment to your own pursuits. adamstgBit(6500uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC3M154N|ONATBITCOIN, 250 );
confirmed; adamstgBit(6250uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACL1B3RTY|NewLiberty, 250 ); confirmed; NewLiberty(250uAC) = Wallet[ACL1B3RTY|NewLiberty]->SendAbstractCoins( AC33M450N|OWSLEYBEATSBIGCARTEL, 250 ); Swiftly followed by some self reflection to focus on the nothingness, but knowing not whether this is achieved or if I have raced into a race condition.... the contemplation awaits its void in the grey vashra of preternatural phantoms. NewLiberty(0uAC) = Wallet[ACL1B3RTY|NewLiberty]->GetBalance(); |
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And of course one could be a debtor and saver.
For example, those that mortgaged their home and bought bitcoin a few years back.
I meant net debtor or saver, either you have more assets than you owe debt and find it advantageous, usually for tax reasons but also possibly to utilize leverage to further growth, to have some debt. Or you have more debt than assets and do not have the option of paying off the debts. Your example above is a little more nuanced because of the use of two currencies. If they believe that the combined effect of inflation and the interest on their mortgage will be less than the depreciation of bitcoin (ie the increase in its value) they should continue to hold the bitcoin. If they feel the opposite they should sell their bitcoin to pay off the mortgage. Right, and the nuance is important because all currencies are commodities (if they are a good currency) so that you can price them easily against all the other currencies. Wheat, Oil, Energy, Land, Bitcoin, Euros, Gold, Debt/Bonds. They are all commodities, and there is never just one currency or it can't be used to trade with anything and find a value in anything except itself. The COMEX for commodities and the MONEX for Fiat, and the co-mingling of them as comex is always priced in fiat anyhow. Today the bonds in the US are getting sold heavily because folks are concerned that the Fed is going to back off its buying. This is reducing the price of those bonds and thereby driving up the interest rate on them. So there is some exchange rate fluxing every day among all the currencies. After basic needs and basic asset diversity is accomplished, then comes figuring out what sort of balance makes sense. With a higher interest rate, some buyers come in which keeps it down. Folks are willing to buy because the junk rate is not much better than the fed rate and they are guessing that the fed is more reliable than the junk. |
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I was mulling this over as well. Does "legal tender law" create a baseline use-value?
(That it must be accepted as payment for a debt or tax.)
Other than fiat, there are value based currencies (gold and silver).
When I finish my current projects and marry bitcoin to gold and silver, it will be as good as gold.
I think that OP's argument would be that no fiat can have a base line use value above 0 because of the potential for inflationary actions by the issuing authority. $10 today doesn't buy near what it did 10, 20, or 30 years ago. Gold and silver both have commodity value but I don't know if they have an intrinsic "baseline" value inherent to them as a money. I personally think that all currency derives its baseline value from its function as a medium of exchange. It has a value because we assign a value to it. But I guess if you get real philosophical the same could be said of any asset. If we define asset values in terms of some currency and that currency doesn't have any inherent value are we essentially saying that the asset has no inherent value? Either way, to me it seems we have three options. A currency that is consistently experiencing inflation (most fiat), consistently experiences deflation (gold, silver, and BTC), or one that changes at the whim of a central issuing authority and can go up or down as it pleases (most fiat in the short term). If you are a net debtor, you inherently prefer inflation, a saver prefers deflation, and the uninformed couldn't care less so they get the variable one (which almost always benefits the class in power). And of course one could be a debtor and saver. For example, those that mortgaged their home and bought bitcoin a few years back. |
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CreateAbstractWallet(ACL1B3RTY|NewLiberty);
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In which other country could a group like Occupy Wall Street continue to camp out for that long and protest? In Cuba? North Korea? France? UK?
A fair question. Was it about 2 months before Mayor Bloomberg and the folks that owned the land where the OWS campground was built decided that it was becoming unsanitary? The current Istanbul Turkey protest started May 28, Teargas and water cannons used May 31. So 3 days? Certainly there have been longer "occupy" type protests than 2 months, but none come to mind immediately. |
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It may not seem like it, but folks are trying to help you do what you are hoping better than you are already.
Charitable giving is a competitive marketplace. There are many choices. You must know that already.
To be the best choice for someone's giving, listen to those who seem critical and understand what they are explaining.
If you look at the number of views, for your post, and how many have commented, and then at your wallet, you might see that some folks just look and move on silently.
Those that took the time to tell you what you can improve are the ones that are doing you the favor of telling you why the others left without donating to your cause.
Do not let your kind heart be hardened by the criticisms.
The children you are helping are depending on you to not get discouraged. Don't let them suffer by taking offense. Do the hard work needed to help them.
Good luck in your effort to do something meaningful for yourself and others.
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Me and you and who else? It is a long way from California, but looks to be worth the trip. If you are closer, what's your excuse? https://unsystem.net/5 years in. Come look at us now. I will be there. I am also an official supplier of T-shirts and other merchandise to the event. We should talk. I'm contemplating a 5 year commemorative piece (of the Satoshi paper published Oct 31 2008). |
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This chart is interesting, if it is accurate, it means that the sale of government bonds in 2007 triggered the financial crisis, and after that the sentiment changed, they have to buy much more bonds to keep the system alive, and I guess they dare not to sell any government bonds in the foreseeable future
Agreed, They will likely keep them to term. |
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Me and you and who else? It is a long way from California, but looks to be worth the trip. If you are closer, what's your excuse? https://unsystem.net/5 years in. Come look at us now. |
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And it looks nice when worn.....
60% of all gold mined is used in Jewellry.
Bitcoins look nice in my wallet too  I suspect gold is used in jewelry primarily because it is expensive, not even because of its chemical properties. Chemical properties are important too, especially for earrings, but for many other items, I see no particular reason why women would prefer gold & diamonds to plastic & glass. I'm not even sure where this idea that a woman with holes in her ears, and pieces of metal in them, somehow looks 'nicer', is coming from. Yet, it is surprising how many agree with this idea, no? The unique chemical properties of gold are pretty special. You can't really burn it up. It doesn't oxidize. It pretty much is forever. Diamonds are similar. The notion of something lasting forever has a romantic quality to it. To some of us, really cool math, elliptic curve cryptography, and an elegant philosophical proof are also highly rewarding and weirdly romantic as well. You can do the math and see which of those are more likely to appeal to your lady friends. |
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