We need to cancel this campaign, I'm very sorry, we are not getting any interest in bitcointaboo.com, we will be launching a signature campaign for our dice game RipDice very shortly( http://www.bitcointaboo.com/ripdice), and will contact everyone who signed up here, if they are interested their first payment will be in 3 weeks rather than a month to cover the week they put in here, thanks to everyone who joined and again we sincerely apologize for this. Kind Regards Lazlo Hi Lazlo, Request you to consider a pro-rata payment, given that people have joined your signature campaign in good faith. Given the number of registered participants (10 full, 9 member, 4 junior), the total payout on a pro rata basis for a week should only be ~0,2 BTC. |
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Sorry I am out of the campaign as well. There is no escrow, and there is no trust.
Patience is a virtue.  I feel the escrow will be in place this week. |
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A full blown Ebola epidemic in the US or Europe would send the price of bitcoin skyrocketing. Not that i am rooting for it in any way shape or form but its a very interesting situation that i am keeping my eye on.
I don't see an Ebola epidemic happening, especially in the US. Ebola isn't that contagious. |
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We need some bitcoin propaganda for the Swiss voters. They will discover that bitcoin is far better than a gold back currency.  |
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Why not? If I'm a miner holding onto large stash of btc and not knowing what would happen with a rather bleak forecast, i would take the chance and diversify to buy alibaba ipo instead. One month down the road in october, I'm pretty sure I've made the right decision.
A number of IPOs come and go. These miners that you talk about could have diversified into the stock market at any point in time. They didnt have to wait for the Alibaba IPO. |
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I don't get the following: People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.' Then price goes down, those same people cry... How's your attitude toward the daily bitcoin price? I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month. I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time. When the price is down I see it as an opportunity to invest at a more favorable price. The problem is if the price crash to 100, the people screaming they will go all in will suddenly lose their balls to do so. Forget going all in, if price crashes to $100, quite a few people might exit bitcoins. |
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Current different currencies are fighting to be the leading currency for clearing and settlement in international trade. Dollar is seen as reserve currency, next may be RMB, or other strong currency come out. They are taking in turn. At this process, bitcoin will have shown its advantages comparing to these centralized fiats and have a position globally.
The next reserve currency has to be freely convertible, be backed by a large economy and have a responsible central bank (to control the money supply). Bitcoin is a ripe candidate. |
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Bitfinex has an interest rate of Bitcoin, but that's obviously not risk free. The true risk free interest rate should be lower than that. Anybody knows better sources?
I guess it would be close to zero. Given that there are no btc-denominated, traded bonds, it would be very difficult to get a risk free interest rate. But given the number of people just holding bitcoins (equivalent to stuffing dollars under the pillow), my guess is that the risk free interest rate would be close to zero. |
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If merchants start to leave BitPay and return to just using PayPal and credit cards, then will the price skyrocket?
It wont. Bitcoin lacks users. Holders everywhere but no users. If users are lacking, then merchants selling bitcoins and driving the price down wouldn't be a problem, would it?  |
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http://www.coindesk.com/bitcoin-fungibility-essential/Why Bitcoin Fungibility is Essential Recently, it has become fashionable in some bitcoin circles to suggest that blacklisting, or the more palatable term of redlisting, can be implemented to discourage the large-scale stealing of bitcoin wallets or even the ransom demands of petty criminals like CryptoLocker. Either way, it boils down to some form of coin validation with the more insidious side effect being government collusion with the coin validators for purposes of linking individuals to all of their transactions.
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In an ideal investment portfolio it is necessary a percentage of 60% of gold and 40% of other type of investment (or bitcoin ). If everybody thought that way, gold would go through the roof. On a serious note, what people think of as "ideal portfolio" includes stocks, bonds, real estate and a small amount in alternate investments (commodities, crypto-currencies, etc) |
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Some merchants believe in holding bitcoins - overstock and CeX are examples which readily come to mind.
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Bitcoin is going to get popular with all sections of the society. It is just that the dark markets have been quicker to adopt Bitcoin, and the rest of society is still playing catch up. |
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There isn't much point in the question. Bitcoin might not survive by causes totally unrelated to financial crashes. And there is no reason why a financial crash would kill bitcoin.
On the contrary, a financial crash might just be what is required for the bitcoin price to take off. |
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Corrupt Chinese politicians are moving a lot of money from China to western countries.
It's not a good phenomenon for becoming Super Power.
Corruption is omnipresent. You would be kidding yourself if you think corruption is restricted to the developing world. |
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Velocity of money is what matters.
It doesn't matter how many people hold bitcoins. If the remaining coins are circulated at a fast enough rate, the price will be stable.
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Enrolling....
Post Count: 77
Rank: member
Edit: Given that you are a newbie, request you to explore escrow options.
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Just out of curiosity, was this one repaid on time?
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You can get a lower bound by looking at the open market orders in any exchange.
But of course, as these orders get filled, new orders will come in and the amount required to move the market (in any direction) will be much larger.
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