So I really should not be wasting my time doing this, but I got tired of email for a minute. With cursory googling I came up with a few ideas.
Daft Punk + Modest Mouse + outkast or wiz khalifa = <$200,000
$150 per person catering and $250 per person alcohol (top shelf only of course!)= $400,000
Super sick world class venue, like in a castle or top of a famous sky scraper= <$150,000
This would leave us with $250,000 for ice sculptures, chocolate waterfalls (mean literally), a burning man version of Satoshi, disgusting fireworks.. Haha just throwing ideas out there..
you´ve got it !  |
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What about attending the party in carnival masks to prevent Big Brother from indexing us for future reference as potential enemies of The Matrix The System ?  feel free to wear or not wear whatever you want. all crazy shit is welcome. it will not happen lots of times in our lives that a crypto-currency matures to 1k and we happen to be part of it. this is a once-in-a-lifetime sort of thing. maybe only to be topped at btc = 10 k and later = 100 k  there will be media, but they will not allowed to get inside. no cams inside. for ticket purchase we only need your forum name & a btc adress that you control. |
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ist doch n netter artikel... |
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when you find posts here stating that bitcoin has doubled in the last few days faster and faster and that it will take another few days for singularity to occur...
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just imagine what another little 10-folder would do to mining ...  Im actually more concerned about what it will do to the environment. Its the elephant in the room many dont want to address or brush off by just estimating todays electricity consumption. But in the long run, miners electricity cost will roughly equal total mining revenue, and the majority of that cost will be born by miners with very cheap electricity. If BTC value goes up 10 fold, so does mining revenue and thus electricity consumption. To give an idea, lets assume cheap miners will pay $0.05 per KWH. Lets use your 10 fold scenario so BTC would be worth ~$1500 25 BTC x $1500 x 6 blocks per hour = $225000 per hour 225k / 0.05 = 4.5 million KW or 4500 MW Thats roughly comparable to the 6 nuclear power plants at Fukushima combined output before the accident. Gee, I hope I made an error in my math somewhere. they need to come up with some kind of radiator that also mines btc. there needs to be justification for this energy consumption... |
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in case i missed it:
welcome qwk !
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I'd be in for two tickets, should a viable funding mechanism come to be.
I know nothing of havelock - isn't that an equity exchange? I've learned not to trust this class of business. They all seem to implode, vaporizing vast swaths of wealth.
Yea a color coin type system would be best... we´ll keep it as easy as possible. maybe we release tickets similar to the halfing-structure of btc-mining.... ps: welcome bitchick, joshv06, jbreher and xDan. maybe we can come up with a kind of funding that will allow forum members to attend which happen to have not many coins (some kind of donators maybe? ). if one holds 10 or 20 btc or less it would indeed be dramatic to pay 5 or 10 % of future wealth for a party ticket. there are enough deep enough pockets to take care of this... |
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I'll be there welcome molecular, welcome adamas  i feel honored oh, but you shouldn't. Maybe it's said in the thread and I missed it, but what exactly are the conditions? Is it sufficient for a single trade to happen >= $1000 or does it have to stay there during the party? I guess something in between these 2 extremes would be good, like: 1 daily vwap (use one of the bitcoinaverage.com numbers) above or equal to $1000 would trigger the party to happen, even if exchange rate subsequently drops below again. Of course it might be rather humiliating and the establishment might laugh at us if we have a crash to 400 right before the party, but I'd take that risk personally. quote qwk:
If history has anything to teach us, it'll go from somewhere in the 800s to well above 1500 within a few days. That's how it went at 10 and 100. No way will we have time to plan and setup a party within that time frame the timing will indeed be difficult. accepting a single spike above 1000 $ could result in having the party at much lower levels, which will be strange since there will be media coverage. waiting for it to be above 1000 $ "stable" will result in probably missing the right timing in a way that it is not really hot anymore. i think after trigger it will take at least a month or 6 weeks to get going. bitcoin reaching 1000 $ will be rock´n´roll in the media. but they can only show "dry" charts. an event by and with the bitcoin community will be the face of this new social movement. expect extended media coverage. |
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My biggest regret is selling thousands of coins sub $1. My initial $900 investment would have set me up to never have to work a day in my life.
woah. would you mind giving some more details. how it happened, what was the reasoning, when did you realize, how did you rationalize ? when will you sell your coins ? ever ? epic. |
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So, are we accounting for all the horribly inefficient avalon hardware coming offline in a few months due to power cost?
why do you think one would turn off mining gear ? because its irrelevancy. if it is irrelevant, there´s nothing to account. |
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I'm really not sure where the price is going to go with this rally. A part of thinks we might even hit $1000 soon.... but I'm getting more bearish by the day. We need a nice correction before continuing on, otherwise we might crash down hard.
I agree that we need a correction, and I'm hoping for one. I sold a bunch and want to get back in around $130 if possible. to all the eager sellers: don´t you miss da train choo choo.... choo choo... next stop 600 (chodpapa called it) |
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you got the naming wrong. this will mark the beginning of the "Great Christmas Bubble"
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Not buying ASICminer shares at 0.01 BTC when I had the chance. I mean, I could spend a year whining about not mining in 2011, but I wasn't even involved in Bitcoin back then so that's that. But the shares, I was there and I was thinking about buying.  Buying only 5 shares and sold them for 4.5 BTC (net profit 4.33 BTC), still my best investment but could be better... and much more mistakes like selling at 20$ ... some coins gambled some lost at bitcoinica, bitcoin24, btcserv etc. Maybe the worst mistake - not buying at 2 USD you lost btc on bitcoin24 ? i thought they were refunded? Bitcoin24 gave no refunds at all, they just refunded fiat and vanish. I lost around 14 coins there.... sorry to hear that. i thought everyone got refunded, especially the btc accounts (like in my case more than 60 btc) |
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Bei BTCe sind es wieder knapp über 2000. Während der heutigen Rallye waren es kurzzeitig nur noch 1600. Ich seh's schon kommen, dass niemand mehr Bitcoins verkauft und die ganzen Börsen verweist sind und was dann? |
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Not buying ASICminer shares at 0.01 BTC when I had the chance. I mean, I could spend a year whining about not mining in 2011, but I wasn't even involved in Bitcoin back then so that's that. But the shares, I was there and I was thinking about buying. Buying only 5 shares and sold them for 4.5 BTC (net profit 4.33 BTC), still my best investment but could be better... and much more mistakes like selling at 20$ ... some coins gambled some lost at bitcoinica, bitcoin24, btcserv etc. Maybe the worst mistake - not buying at 2 USD you lost btc on bitcoin24 ? i thought they were refunded? |
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Das ist mittlerweile normal. Ich meine das mtgox nicht mehr 70-80% hat. Damit gibt es kein schwächstes Glied mehr in der Kette!
Es gibt jetzt nur noch "schwächste" Glieder. Das FBI nimmt sich die Silkroader jetzt einem nach dem anderen vor. Dabei werden sie jede Menge Coins beschlagnahmen. Im Gox Oderbook lagerten Mitte des Jahres noch über 100TBTC. Das ist rapide gesunken und sinkt weiter während das FIAT weiterhin bei 13 Mio. steht. Man braucht derzeit nur 30TBTC und 13. Mio sind auf Gox mit einem Schlag weg. Soviel hat das FBI bereits beschlagnahmt. Von Bitstamp ganz zu schweigen. Ich habe die leise Hoffnung, dass sich die US-Regierung des Problems bewusst ist und das nicht so machen wird. Schließlich ist es eine Regierung und die soll ja für die Leute da sein. Daher werden sie die beschlagnahmten Bitcoins vielleicht einfach löschen, um keine Unruhe an den Bitcoin Märkten zu verursachen. Man stelle sich vor die kommen an das gesamte Vermögen von SR (ist gar nicht so unwahrscheinlich, denn was nützt einem das ganze Geld, wenn man den Rest seines Lebens im Knast verbringen muss), das würde ja den Markt pulverisieren, wenn sie das mit einem Schlag liquidieren täten. Andererseits ist es Eigentum der Regierung und damit müssen die Beamten ja nach bestimmten Vorschriften umgehen. Ich glaube nicht das die SR Sache schon rum ist. Alle gucken immer nur aufs Tradingvolumen, aber das ist nur eine Variable von vielen. Entscheidend ist letztlich wer wie viel Bitcoins hält. Wenn die US-Regierung 5% aller Bitcoins besitzt, sind wir letztlich massiv von ihr abhängig. das wären ja fast 600 000 btc. wie soll das denn gehen ? Ulbrichts Bitcoin-Vermöge beträgt 600 000 BTC. Wegen Verschlüsselung kommt das FBI aber (derzeit) nicht daran. vermögen ? link ? waren das nicht eher die sr gesamteinnahmen ? ich sehe es wie matonis, von den 600 k sind längst nicht mehr alle da. http://www.coindesk.com/silk-road-case-bitcoin-legal-precedent/auch interessant in diesem zusammenhang: https://bitcointalk.org/index.php?topic=310600.0also eher 100 k. hier gibt es nichts zu sehen. bitte weitergehen. |
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just imagine what another little 10-folder would do to mining ... |
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I estimate that we are about where we were in the cycle on February 1, 2013
you expect a bursting bubble around 2600,- $ around christmas or new years eve ?  |
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It's funny, because the $266 bubble started at $13. Double digits to triple digits. Now, we are in triple digits and many people (who think in linear numbers not % movement) simply cannot comprehend going from $130 to $2660. "That's too high! That's ridiculous!" Even though we have made such moves numerous times in the past. But the chinamen wouldn't mind going from CNY1000 to CNY26600! We could go to quadruple digits. Or we could crash again and land in single digits. Or you could die in a car accident tomorrow and never find out. thanks for reminding we make history. this is the best games of all. or a tragedy. let´s better enjoy it as long as it is wild. (life is short.) |
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Crashing !!!
he is right. the dollar is crashing. |
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