Hello rpietila,
I'm considering getting some silver and gold games going on at taabl.net. We've had a few private coin lotteries but I wanted to try and keep a steady stream of games as part of the site.
Your price is great, of course, but for smaller quantities which, with the uncertainty of bitcoin rates is the only thing I'm brave enough to do, shipping kind of kills it. Is there any cheaper shipping alternative? I don't mind slower and will even go as far as say uninsured (but tracked) is fine for a handful if the shipping price difference justifies it.
You may have shipping for a special BTC0.300 for this time if you follow all the other procedures laid out in the OP. Remember this cost pays for handling also, as I don't make that much profit per coin, they are so cheap! nelisky, I could manage to ship a single 1 oz silver coin to most countries for €5.05 including insurance up to €100 and tracking. Of course I can't sell my silver for spot price like rpietila does (I payed 7% VAT and premium on it). Using a USD-Price of $29, a premium of 10%, handling of €5, shipping €5.05 I could currently get a single coin delivered for €34.65. These are just thoughts, of course, but maybe we can work something out? How often and what quantities are you planning to have shipped? |
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I measured the density of my silver/gold coins unsing this setup EDIT: a better method was suggested by mintymark and yielded better results.  these are the results:  Here's how I did it: - Weigh the coin itself
- Put container with water and the coin attached to string on scale and reset scale to 0
- pull on string, effectively measuring weight of coin minus weight of displaced water
- calculate density (assuming water density is 1g/cm³) by dividing weight of coin by volume of coin (equals volume of displaced water)
I used a cheap scale I ordered from Hong Kong for around €5. Yet the results seem to be quite reassuring (error margin (EDIT: of my measurements) seems to be around 1%-2%) Comments? |
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I think I partly figured out why demand/offers don't get matched: As previous poster suspected, interest rates on display in order book are rounded (to 10% quantities). The demand I was trying to match was probably for less than 380%.
I entered an offer for 379% and it got matched to the demand (shown as 380%). That loan is now active at 379%
EDIT: I entered an offer at 790% and it's shown at 800%. I think this needs fixing.
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strangely my loan offer got taken:  but the demand I was trying to match is still there. Maybe this is a display issue and the demand entry doesn't get removed. I say this because the active loan displayed at the bottom of my screenshot matches exactly (exact amount,interest rate, max duration) the demand entry. |
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thanks for your answers, sukrim 3) same for me, my btc offers are not displayed even and I am not able to match the 10% loan demand. I first thought its a rounding display issue and the loan is really for 9.9999% or so, but it seems that either the display or something else got stuck.
I tried using the "lend" button next to the loan demand entry. Doesn't work either. Seems the matching engine is paused or something. |
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Some questions regarding VIR: 1.) Is the rate being locked-in when the loan is opened or does it change during the runtime of the loan? 2.) Where can I see the current rate of an active loan? 3.) currently I see a loan demand: 2 day 390.0% amount: 499.83. I put up an offer matching it (amount $500, 2 days, 390%). It doesn't get matched. Why? EDIT: regarding 3.) you can see here the "crossing supply/demand":  |
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He eventually slunk off!
Something like this makes me sad. Putting all this energy into begging and/or trying to rip people off that could be used to do something positive... |
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Anyone keeping up with this Cyprus mess?
It is getting pretty wild. Thanks for showing the world why we need Bitcoin.
haha lol. The surname of the head of the Cyprus Central Bank is... *drumroll* PANIKOS Ba Dum Ching! my numbers keep showing 73, is gox broken or is it me? nah, looks like it's roughly correct and trades are trickling in on the websocket:  EDIT: highest ask: 72.99997, lowest bid: 72.99998. so when rounding to 3 digits or something you just get 73.000 all the time.  |
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Anyone keeping up with this Cyprus mess?
It is getting pretty wild. Thanks for showing the world why we need Bitcoin.
haha lol. The surname of the head of the Cyprus Central Bank is... *drumroll* PANIKOS |
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So is this now the worlds most expensive prius? you were so proud of yourself for selling out at $22, shame you aren't a true believer.
Yep! I now drive a $109,000 Prius! $uck it, Porsche driving losers!  that porsche cayman is only BTC 534 currently: https://bitcointalk.org/index.php?topic=143722.0it'll use a lot more fuel, though. In the long run, the prius will be cheaper (depending on driving style) |
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[...]
As the Great Credit Contraction continues capital will seek safe and liquid assets by burrowing down the liquidity pyramid.
I can't help but think you are Trace Mayer. Of course he is, his identity is not a secret  Well, it was a secret to me  |
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so I absolutely sucked at trading and being lucky, but I am now vastly in black. What does that tell us? Every sucker can get his fair share of opportunity, if you let it slipped by you can only blame yourself.
Being invested the right way in the right long-term secular trend will hide a multitude of trading errors. Bitcoin has been the trade of the decade and very well could become the trade of the century or even of all time in the history of humanity. Remember, Bitcoin is a sterile asset so any rise in the Bitcoin price merely represents a transfer of wealth from some other assets to the holders of Bitcoin. As the Great Credit Contraction continues capital will seek safe and liquid assets by burrowing down the liquidity pyramid. I can't help but think you are Trace Mayer. |
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How many do you think are eligible for the club today? I would think it is far less than 5000 individuals, maybe closer to 500..  The list is computed with this tool : https://bitcointalk.org/index.php?topic=88584.0;allLast updated on 2013-02-20: 111111.11257544 582431b9e63d2394c8b224d1bc45d07ae95d2379 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a Tue Feb 12 04:31:31 2013
79957.04210000 a0b0d60e5991578ed37cbda2b17d8b2ce23ab295 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF Fri Jan 25 15:36:18 2013
53880.04210000 a82d63de690d6e71f98a2991249310f6a3d9cb88 1GLEtzJ1H2zoGrUA4RMbRJam5UJSdrk6T2 Fri Feb 1 06:04:48 2013
53000.04210000 3d9e561f21d312f9b8b46e74169263e2452d5591 16cou7Ht6WjTzuFyDBnht9hmvXytg6XdVT Fri Jan 25 15:36:18 2013
52419.15410977 816115944e077fe7c803cfa57f29b36bf87c1d35 1Co6UHJmGHevWEHAPraSPRVkfGgG46EHwe Mon Feb 18 22:11:45 2013
...
3000.00000000 916e5c5e1700320bf1d1ae3589192526aec81724 1EFyBpW1LDtFWuAQT3mL1HYKRZVcmxPLuL Tue Dec 25 11:21:24 2012
3000.00000000 5ae9b1e57cded098924906bd02cc9226bd86061b 19HhmfxGsznL8K7wXjZiFnhqddQucgfZzB Fri Mar 11 15:09:22 2011
3000.00000000 37ca6aed134dab977b1941c114e5b3fa772c9a0b 165zen6z41RAVrVTECLgKvJWmyezy1ygcj Sat Feb 16 08:13:41 2013
2999.00000000 0d0da1dbdf3c867d65d7cb4f0334663a016e8d1b 12C27gSDojLQLjnRu6Z7jRYXDHjvaeXxVg Wed Mar 2 16:58:58 2011
2987.46650000 4acad569f632f8d0343d28d1be451858de14bc0f 17pTzKpFPGaVJQWKFsc4CGhF6nkopWwbUw Mon Feb 18 22:01:08 2013
2986.84000000 83536d00351f99ba8b5582e94494cc7e9c5d3126 1CyPTez73fVn7KwXPCu3Li15e78eag1aMY Mon Jan 1<
That's not true. Multiple addresses can have a single owner. |
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Does this mean we all together could buy the Cayman Islands?
Nope. If you have $1000 in your house, does it mean I can buy your house? Do you have $1000? Do you have a house? |
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received my coins today (yesterday actually, but I wasn't home as always when the postman rings)  delivery was quick, produce well-packaged, communication very good. thanks, rpietila |
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How many do you think are eligible for the club today? I would think it is far less than 5000 individuals, maybe closer to 500.. surely can't be more than 10000. Another guesstimation I just did puts the upper bound at ~611 members conservatively: satoshi: 1 million, 2 guys 500k, 4 guys: 250k, 8 guys: 125k and so on.  I'm guessing it's around 300 people in that club max. Tendency: decreasing. |
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