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7341  Economy / Economics / Re: There's more money in Bitcoin than in... on: March 21, 2013, 09:06:32 PM
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?
7342  Economy / Economics / Re: There's more money in Bitcoin than in... on: March 21, 2013, 09:05:46 PM
I'm sure quite a few of those have substantial foreign-denominated deposits.

oh yes. also: it doesn't count regular bank deposits. Only deposits at non-banks. It's basically the cash floating around as I understand it.

Still fun, though, and: The so-called "Bitcoin market capitalization" is also purely cash, not counting any bank deposits.
7343  Bitcoin / Press / Re: 2013-03-21 Bloomberg - A look at the World's Largest Online Currency on: March 21, 2013, 08:44:44 PM
haha:

Quote from: idiot dude
well is it? Let's talk to Ron Paul and Ben Bernanke wether or not this really is a currency.

hell yes. That's the only sensible thing this guy said the whole time while repeatedly interrupting the nice ladies. What a crook.



Ask away. Meanwhile we use it as a currency everyday. WTF does Ron Paul have to do with it? lol

I don't know. Maybe he misunderstands Ron Paul as a goldbug (which he's not as I understand: he's more of a "free market for money, let's have a competition"-guy)
7344  Economy / Economics / Re: Cyprus -> Bitcoin Will Go Super-High on: March 21, 2013, 08:34:36 PM
The proposal didn't go through the parliament of Cyprus.

Doesn't matter. People have realized the possibility of such theft. That's going to be sufficiently spreading fear.
7345  Economy / Speculation / Re: I am about to do something massivley stupid on: March 21, 2013, 08:18:38 PM
Would be funny if he did; and repaid the student loan in 20 days Cheesy Bought a camaro with the change.

I think at this point (current price) I can pretty much pay off all my student loans and my husband's car as well, but somehow I feel like that would be a stupid thing to do  Tongue

You learned that from your experience with that electric car?
7346  Bitcoin / Press / Re: 2013-03-21 Bloomberg - A look at the World's Largest Online Currency on: March 21, 2013, 08:16:51 PM
...
It would take 3 minutes to explain the most important facts to him.
Possibly but only with the help of a blunt instrument.

Possibly with the help of a blunt? Seeing the silkraod usually gets people to seriously think bitcoin could be something.
7347  Bitcoin / Press / Re: 2013-03-21 Bloomberg - A look at the World's Largest Online Currency on: March 21, 2013, 08:14:18 PM
Might be a stupid question, but is this the first time we get airtime on a big network? (outside of the good wife  Smiley )

There was a much better Bloomberg segment on last week.

i wouldn't say that one was better.

i actually enjoy the confusion and outright skepticism displayed by commentators who don't understand the slightest about what they're dealing with.  they're almost frantic.  Sarah Eisen did great though.  watch that look she gives the guy near the end.

one day it will hit them right between the eyes and it won't be pretty.

Imagine them watching this video in 5 years or so when (if) bitcoin is the world currency. Absolutely painful!

It's like picturing myself quitting the satoshi client in may 2010 on my laptop thinking: "this shit clearly isn't working, there should be at least 0.01 BTC after 2 days of 'generating'": absolutely painful.
7348  Economy / Economics / Re: There's more money in Bitcoin than in... on: March 21, 2013, 07:43:35 PM
Djibouti
(M1: $798,100,000)
7349  Economy / Economics / There's more money in Bitcoin than in... on: March 21, 2013, 07:42:58 PM
(by M1 money supply)

Montserrat
Anguilla
Micronesia, Federated States of
Sao Tome and Principe
Cook Islands
Tonga
Dominica
Samoa
West Bank
Comoros
Saint Vincent and the Grenadines
Grenada
Timor-Leste
Antigua and Barbuda
Gambia, The
Saint Lucia
Solomon Islands
Vanuatu
Saint Kitts and Nevis
Guinea-Bissau
Seychelles
Cayman Islands
Swaziland
Burundi
Central African Republic
Lesotho
Sierra Leone
Bhutan
Belize
Liberia
Cape Verde
Guyana
Malawi
Rwanda
Montenegro
Fiji

I'll post here when we reach the next milestone Wink

Feel free to discuss, of course.
7350  Bitcoin / Press / Re: 2013-03-21 BrandChannel "Bitcoin Sees Broad Global Adoption of its Controv..." on: March 21, 2013, 07:29:37 PM
http://www.brandchannel.com/home/post/2013/03/21/Bitcoin-Currency-032113.aspx

Quote
Bitcoin, the virtual currency anonymously exchanged through an online peer-to-peer network, has hit the mainstream radar as ironically, a technical glitch caused a “flash crash” this week, sending Bitcoin on a 23 percent tumble and into financial headlines.

Seems oddly out of date.  Is that restaurant in the picture one that was confirmed closed?

yep
7351  Bitcoin / Press / Re: 2013-03-21 Bloomberg - A look at the World's Largest Online Currency on: March 21, 2013, 07:27:19 PM
It really is funny to see how the information about bitcoin gets processed by people new to BTC.  I know we all want to blame them for not "Getting it" but we also have the opportunity to look inward and adjust how we introduce people to BTC and teach them about it.

Though, the guy who said that the purpose of currency is to tax it is beyond hope and needs to just take a basic econ course or something.

Well, if you define currency as "money controlled by a nationstate" then it's maybe not so wrong to attribute taxation (by inflation) as one of its purposes. But maybe that's stretching it a bit too far and probably not what he had in mind.
7352  Bitcoin / Press / Re: 2013-03-21 Bloomberg - A look at the World's Largest Online Currency on: March 21, 2013, 07:22:49 PM
Could be worse, but they still clearly don't get it.

Funniest moment is probably the confusion around "algorithms", where basically bitcoin issuance algo is the same (bad) thing as algorithmic trading.

yeah, lol: "it multiplies and then it halves... it's very complicated".
7353  Bitcoin / Press / Re: 2013-03-21 Bloomberg - A look at the World's Largest Online Currency on: March 21, 2013, 07:22:08 PM
haha:

Quote from: idiot dude
well is it? Let's talk to Ron Paul and Ben Bernanke wether or not this really is a currency.

hell yes. That's the only sensible thing this guy said the whole time while repeatedly interrupting the nice ladies. What a crook.


7354  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 21, 2013, 05:24:46 PM
Guys, with all due respect there's a topic dedicated to this kind of talk... https://bitcointalk.org/index.php?topic=12156.0

This is the lounge of the forum!

Next topic is: potatoes.

+1. nothing's really offtopic here according to my understanding.

duuude! CARROTS!
7355  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 21, 2013, 05:16:50 PM
Guys, you remember when we all dreamed of the far distant day of getting to a new ATH?

Good times.

why does it seem such a long time ago, though. Is there a psychological explanation for this?
7356  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 21, 2013, 05:16:05 PM
LOL $71.5 and we are still in beta!!!

loooool!
7357  Economy / Goods / Re: 1OZ SILVER MAPLE LEAF / CHECK BEST PRICE IN OP on: March 21, 2013, 04:34:05 PM
Tracking numbers sent to everyone who ordered so far. We currently have 5 orders in our first 7 days of operation.

doesn't seem i received a tracking-number.

I AM sorry Sad

Shipment was sent long ago. PM:d you the number.

No worries, thanks.
7358  Economy / Goods / Re: 1OZ SILVER MAPLE LEAF / CHECK BEST PRICE IN OP on: March 21, 2013, 03:25:27 PM
Tracking numbers sent to everyone who ordered so far. We currently have 5 orders in our first 7 days of operation.

doesn't seem i received a tracking-number.
7359  Other / Off-topic / Re: I'm calling the top here @ $23.98961 on: March 21, 2013, 03:17:20 PM
7360  Economy / Goods / Re: [SALE]: Casascius 1 BTC Coin only BTC 1.26 incl. worldwide shipping on: March 21, 2013, 02:29:28 PM
Not sure about anyone else, but I had a PM from a guy asking me to give him one of the coins I bought as he's 'starting out in bitcoin' (despite having 300 odd posts).

I assume he got my order from here, so keep your eyes peeled.

oh, what the crap.

Since my reputation is good enough by now, I will also accept orders via PM (edited OP accordingly).
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