thank you everyone for contributing ideas/thoughts concerning ticket purchase. it is very important for us to care about your thoughts and therefore we will postpone the date before opening payment procedure for a few weeks in order to discuss further and to get all details covered. we are not jumping any gun here, the reason why ticket purchase is a topic right now can be explained as follows: when we announced the idea about the party the btc price was about 150 $. it has almost doubled now. it may be easier to pay for a ticket when the price is low. maybe people start hesitating when price skyrockets. after all, this party will get more and more expensive for attendants as btc price rises. one of the funny things about this party is that you can buy in low now and later get to go to a highclass event. we rather want to let people buy in as cheap as possible which is one of the reasons of opening payment soon. another reason is that we need some kind of planning dependability. we will need to sign various contracts with venue, caterer, pa, artists, security, promoters (and many more) and thus being personally responsible/liable. it would be a relief to know people are really attending before signing the contracts, before investing weeks and months of dedication, stress, time, energy. keep in mind we have a life other than just this forum, we expect/fear this developing into full time job for a while. we also think escrow would be a good idea, but there are some concerns: escrow could be a reliable way to secure the allowance payment of 1 btc for the attendant. refund is necessary when the party does not take off, since btc may never reach 1000 $ or if not enough people buying tickets. we set a threshold of 100 sold tickets. if below 100 tickets get sold the event is canceled and tickets will be refunded. the time limit will be end of 2015 or 2016 (rather 2015, or what do you think?) if we use escrow and for some weird reason the escrow cannot release the funds (having an accident, wakes up one morning and hates the op, suffering a stroke, loses keys or whatever- the person who is liable for contracts will be doomed for financial disaster/end up with huge personal debt. i know that the reasons are pulled out of my ass, but it is not impossible that funds cannot be released, and who would want to take this risk of leaving personal financial future in something beyond personal control? imho escrow is excellent for selling goods, but not appropriate for this kind of planning. we are not saying escrow or any third party (for example rassah´s friendly offer) is out of the question, but we do believe that person who is liable for contracts and person controlling funds need to be the same. maybe we find an escrow willing to sign all the contracts. in addition, maybe it is appropriate to set up escrow combined with a structure of consecutive stages of organizing. early phase: payment via escrow, hot/contract sigining phase: release of funds to person/company liable for contracts. this way, in the early phase when cancelation of party is possible, all funds could be sent back by escrow. before we are opening payments we will discuss this matter face to face with members of the german bitcoin community. there are meetings in frankfurt, stuttgart and heidelberg this month ( https://bitcointalk.org/index.php?topic=254430, https://bitcointalk.org/index.php?topic=254430, https://bitcointalk.org/index.php?topic=309394.0) that we are attending anyway and we will kindly ask to put this issue on the agenda. maybe this is a good way to enlarge trust. we will supply anyone there with ID, in addition we are willing to release our ID to well respected forum members which are interested in attending. maybe we can develop some kind of supervision about funds and how they will be used. we assure you to try everyting necessary to keep this as transparent as possible. scamming is out of question, we have family/kids and decade-old businesses and happy lives. we want to serve the bitcoin community with an unforgettable, once-in-a-lifetime party. we don´t want you to buy an insurance, an complex financial product or bitcoin mining vaporware. we are glad to put this together for the fun of it, a good party will need funds, 1 btc is not the biggest risk of all. if there is people that we cannot convince in the next few weeks/months (which we will try hard) we perfectly understand that they may not want to take this "risk". that is no problem after all. please don´t feel rushed or obligated or talked into something. when in doubt, don´t buy soon or don´t buy at all. in addition we are starting to talk with possible sponsors. our dream is to raise enough via this channel to make it possible to mitigate ticket fee towards zero. if anyone has good contacts and is willing to exploit this shamelessly for the this event, please let us know. the same applies to any whale who feels generous enough to simply invite everyone -  your bitcoinpartyanimals 600watt & cheech300 edit: typo please excuse bad english |
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woah. wir bestellen jetzt direkt pizza für alle im laden! DAS IST JA SAUCOOL ! |
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Just checked the first page (the first time since I read it when I first saw this thread). Big red letters say something about reservations? I don't know if I reserved, but yeah, I'll be coming, and will have a +1. I'm bringing my spouse. No, that doesn't mean an increase in boobies.
 reserving takes place by posting in this thread, but it is of course no obligation. more a protective measure in case more people want to attend as there will be tickets. soon tm we will open ticket purchase. we plan to assign a unique 4 digit ID to any attendant, this will be sent via pm and kept secret. the attendant/buyer sends 1 btc and includes his/her ID in satoshis to the transaction. (for example member ID # 1234 will send 1.00001234 btc to the public party-adress) this will keep us from explaining how to sign a message to 1000 people. credit for this idea goes to sebastianju. Who will be holding all of the BTC? And why do we need to buy tickets now? Pretty sure we are going to need some sort of escrow on this. we need to know that people are attending for sure, best thing to nail that is via payment (imho). we need to start contracting with all kinds of companies/services (venue, security, promoters, caterers etc.) it will be kind of hard to get contracts with no specific date down. but it will be impossible with no date and no money down. pretty soon we will need to cover minimum costs. escrow seems a good idea, but some of the funds will be needed before it hits 1000 $. of course we would need to only spend the very very minimum possible before it reaches 1000, since it will be like throwing away coins for cheap money. this will be crazy to organize. but fun. |
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Just checked the first page (the first time since I read it when I first saw this thread). Big red letters say something about reservations? I don't know if I reserved, but yeah, I'll be coming, and will have a +1. I'm bringing my spouse. No, that doesn't mean an increase in boobies.
reserving takes place by posting in this thread, but it is of course no obligation. more a protective measure in case more people want to attend as there will be tickets. soon tm we will open ticket purchase. we plan to assign a unique 4 digit ID to any attendant, this will be sent via pm and kept secret. the attendant/buyer sends 1 btc and includes his/her ID in satoshis to the transaction. (for example member ID # 1234 will send 1.00001234 btc to the public party-adress) this will keep us from explaining how to sign a message to 1000 people. credit for this idea goes to sebastianju. |
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Irgendwie habe ich den Eindruck, dass der Coin gerade eine Überdosis Heroin genommen hat. Aber ich habe mich jetzt so oft getäuscht, dass ich hier mal frage.
bei einer überdosis opiate wird´s gefährlich weil die muskeln so relaxt werden, dass z.b das atmen nicht mehr funktioniert. imho verhält sich der kurs eher wie auf amphetaminen (aufputschmittel)  |
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w e l c o m e thoughtfan, strawbs, razibuzouzou, 2_Thumbs_Up, chiliftw, and CryptStorm you finally made it  |
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I just made .3 btc on stamp from the move.. why the hell don't they have a unified screen where you can cancel and place orders, too many clicks navigating around the site. Otherwise, I am digging stamp, way cheaper commissions = I can make money and not just give it all to gox.
The UI needs help though way too convoluted to reach your open orders unless i'm missing something.
I keep 4 tabs open: open orders, recent transactions, order book and buy/sell. Fewer clicks. You can also cancel your open orders from the oder book screen by clicking on the order which conrains your order (green triangle in the corner) yeah just like multi-table online poker... |
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Egal. Mir ist jede Richtung recht. Richtig fallen (< 50 BTC) wird der BTC in nächster Zeit vermutlich sowieso nicht mehr und ein vierstelliger USD/BTC am Ende des Jahres hätte schon was. ne, 4 Stellig dieses Jahr ist nicht gut. Die Party vorbereitung ist doch noch nicht so weit  i hear ya ! |
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ok i think the OP wanted something like this:
The year is 2023, bitcoin price fluctuations are a thing of the past. Sure the price will move up or down vs. the USD by a few hundred dollars each day, but with 1 btc being normalized to over $50k USD, the price fluctuations are fractions of a %. ...
...This announcement was followed by a 1M coin transaction - the largest the network had ever seen - placed into a cryptographically secured multi-factor wallet controlled by 7 humans. Richard Dawkins leads the group. The message attached to this transaction was simple yet powerful: "Hack Politics."
The whitepaper that followed explained it all. It was a geopolitical blueprint illustrating each countries injustices and how best to seize political power bloodlessly. Once installed there were instruction to set up "BitVote," an extremely secure and unhackable voting program that all citizens could use from their homes. It was real-time, issues would change as the minds of the governed changed. It incorporated a unique iris-distance anonymous login system that ensured unique votes and no personal information tracked. The governments of Australia and Germany installed the software immediately - and I don't mean there needed to be any central software - merely the laws were quickly passed to use the public, decentralized BitVote ledger as the public poll. The BitVote BlockChain recorded every politician's every vote, easily searchable on BitVoteChain.info.
Politics in almost every country changed within a few years. Full transparency was the world-norm. 2025 saw Jullian Assange allowed to leave the Ecuadorian embassy, also achieving a Guinness award for longest continuous stay in a 400sq ft apartment. The President of Pakistan, 27 year old Malala Yousafzai cheered the end of tyranny as she was inaugurated.
Satoshi had changed the world. The world tried to give thanks, but it would never know which entity to thank. The man [the top 2020's era Satoshists believe it to be only one man and not a female] that would forever be known as Satoshi makes only one last transaction, a single satoshi sent to his first bitcoin address
"All will be revealed"
fin
This was fucking epic dude. Esp. the "hack politics" bit. best post of the week! this should be made a series ! |
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damit ist wohl klar: sn war ein chinesisches hacker kollektiv im auftrag der chinesischen regierung mit dem ziel: destruction of $ aber moment mal, china hält ja all die amerikanischen schuldtitel in $ --  |
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250 won't be much of a hurdle on Coinbase as it generally follows Gox.
Coinbase is already at $252.59 i am sweating just by sitting here and watching.  |
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shit, dude --- if the outcome of "major flaw" is as we experience this very moment, i hope they find such flaws every week !
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Was meint ihr...
Wo krachts?
bei allen fiat währungen, siehste das nicht ? |
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Wow I think I completely missed that fund. np, never too late to buy in... |
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What happens when we hit 266? Expect large drop (correction) before we hit 266. I wonder about that, I do agree that you are probably right, but for the Chinese and the new money arriving this week, 266 isn't a psychological barrier at all, 300 is much more so. Also, on what exchange do we consider the 266 to be 'valid'? But yeah, some whale will probably dump around that level just because. the "300-barrier" will look like this:  edit: the knife should have a "made in china" label |
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Bitcoin has many immediate benefits including 0-friction ecommerce (no user accounts), low liability and fees in a purely Bitcoin enclosed market, micro payments and real escrow, just to name few. But the prophets peddling the idea it will have a huge impact on banking and commerce, how it is so much more efficient for international money transfer, are just downright misleading and actually distract people from fixing the problem. This video touts how low the fees are for transfering money internationally with Bitcoin but limits itself to the example of $1000. All the benifits fall apart once the amount is >$5k. Let me give a real example. I have a family member in the US that is part owner of company. A majority owner was leaving and so that presented an opportunity for me, in the EU, to send them $50k to invest. I could take profits from BTC as an early adopter or I could dip into FIAT savings. The former seemed ideal and seemed to be perfect for BTC according to the prophets. So I started looking into how to do it. On the US end MtGox can be used but with a long delay for 4 to 8 weeks and some marginal fees (0.5% exchange fee, $10 transfer fee). A bit ridiculous. But the other exchanges are worse, in a different way. For example Coinbase has 2 to 3 day transfer but a daily limit of 50BTC. That means it would take at least 9 days to sell enough BTC to convert into $50k. Assuming all these abstraction layers work out it would take 2 weeks to get the money with some fees for exchange (1%). CampBx doesnt really state their BTC sell limits clearly but do state a $1000k per day withdrawl limit. 50 days is nuts. Guess there is a wire transfer option but not knowing the BTC limits its just not clear if this would work. A p2p exchange such as #bitcoin-otc would have a 5% margin from my experience so this also seems a bit much. Localbitcoins and in fact most of the other exchanges have such low volume this also has to be considered. So no, Bitcoin is just not good for money transfer (unless you are sending to Japan or China). In the end FIAT>FIAT internationally was way less of a headache, less time, and nearly the same or less fees than using Bitcoin in the BTC>FIAT route. Is Bitcoin broken?Well no. The other non-money transfer benefits are huge and will bring real growth. But they are limited to the sub $1k realm. The prophetic windfall from large commerce is not coming soon. It makes no sense for Paypal or Western Union to utilise Bitcoin. If exchanges have to reduce volume and limits or incur huge delays you could only imagine the volumes that these players would need and be unable to obtain stably with Bitcoin. They of course *could* solve them as Paypal did in the early days. But they would have to take upon themselves a huge headache that the exchanges already have. (It'd be a Heisenburg like headache but where all the cash is legal.) One can expect they will stay far away from it until this is solved. So if you see posts or comments from large players considering to utilise it for anything other than micro or <$1k payments, forget about it. It's several years away. Conclusion: It seems to me that to fulfil the prophecies Bitcoin will either have to become completely regulated at the exchange level AND more or the community will have to stop living in the fantasy that the problem is solved and focus on innovating on the p2p exchange models. Bitcoin.de had a potentially working model before they paired with a bank and limited activity to german citizens alone ( edit: limited to citizens of several EU countries, not just germany). Each user makes that transaction directly between their banks. Exchange only escrows BTC to ensure transaction and reputation. A better system could avoid the whole user verification entirely, or find ways to obtain additional trust without taking on the liability of enforcement. do you remember the mid 90ies ? mobile phones were brand new. only gangsters/pimps/tv-celebrities were able to afford them. they would work only in major cities but not deep inside buildings, not out in the countryside. you are actually complaining bitcoin hasn´t grown big enough yet. but it will. |
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As a newbie I got burned last week with an all-in.
How come you got burned? Did you sell? Most unsuccessful buys turn successful in weeks, and the rest after a little bit longer time... very right. even the guys who bought at ath in april (i recall reading a post from someone who put a house loan into the ath) will soon be relieved. that is, if they had the balls and waited. |
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