correct me if I'm wrong. according to my records, 3 people have not paid.
I will set a deadline so the coins can be free again: 24 48 hours from time of this post. If you haven't payed by then, the order is not confirmed and rejected.
deadline is over, orders of lolwut and Projects are cancelled. You can still order from my other thread: [SALE]: Casascius 1 BTC Coin only BTC 1.26 incl. worldwide shipping |
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please, someone post a nice nsfw 69 pic when the time has come...
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damn you crazy BTC. I give up trying to sell high buy low, all I end up doing is sell high, buy higher.
Thing is: while this is not so good when price goes constantly up, it does buy you some safety and potential for good profit in case of a dip (or even panic). I will continue to do this (sell high, buy in again higher). It sux to sell and see the price go higher and I used to get really pissed and almost decided to go all long but nowadays I tell myself: at least you've been quite safe and you supported bitcoin (as sort-of a "buyer of last resort"). Also: if everyone stops having some fiat on gox ready for a drop, that will greatly amplify the drop (who's going to buy up the cheap coins?) |
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I casually hit the market order button for EUR 420, and...
...end up buying 8 bitcoins!
... ... making a new ath in the process.
WTF, WTFF!!!
thanks  why use market order, though? Putting a bid at the lower end of the spread should work most of the time. |
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Problem is: you can't get fiat out of cypress.
No shit, Sherlock. One time I managed to cut one of them cypresses and went home to squeeze it. Couldn't squeeze a single digit of fiat money out of it.  Got so frustrated, damn it.  Have you tried sucking? |
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some trades alreday went through earlier today on bitcoin-central.net and bitcoin.de. still: €50 !!! |
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My exit strategy is death.
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the pizza slice is awesome
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Was geht den z.Z ab?
Investment (in 2 Bedeutungen) And hence, the fourth driver in Bitcoin is investment in two different meanings. It is an extraordinary investment as a store and accelerator of value, and it is an indirect driver in terms of people being invested in it to the tune of about 90 million US dollars.
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There are 40k times as many ounces of silver above ground now as there will ever be bitcoins.
Nah, as for the facts, there is quite exactly 1000 ounces of silver above ground per 1 bitcoin, of which about 10% is identified. Most of the supply is hidden and not tradable, as with bitcoin. As you say yourself, much of the supply is hidden. My source says 840 billion ounces, yours apparently says 21 billion ounces. Either way, there is dramatically more silver than bitcoin, plus way more uncertainty regarding the actual amount of silver already mined. With bitcoin, we can calculate an exact number at any point. I did some research a while back and came up with 25 billion oz silver existing above-ground (not just investment silver). How do you come up with 840 billion ounces? Does that somehow include "minable silver" or something? I honestly don't remember, which is why I didn't include a link above. I read it somewhere and now I can't find it. Thanks for providing support for rpietilas figure. It is probably more accurate, although my points remain valid even with only 1000 times as many silver ounces as bitcoins. Well, this illustrates the point that has been made before (and many times here, of course): knowing the supply of the commodity to be used as a money is relevant and important. Bitcoin wins on this one. |
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We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.
YES. Do it on Cyprus. If you think of it. The next Bitcoin conference shall be on Cyprus too. The next one I know of will be in Vienna: http://unsystem.net |
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Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.
We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up. I absolutely agree. At the very least there should be a TED talk. TED was cold to Bitcoin back at $7... maybe they've changed their tune now  I nominate Max Keiser to do the TED talk.  FUCK YEAH! He could burn some FIAT on stage. EDIT: I'm for Rick. For anybody who has missed his talk in Prague, it's truly inspiring: http://www.youtube.com/watch?v=mjmuPqkVwWc |
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There are 40k times as many ounces of silver above ground now as there will ever be bitcoins.
Nah, as for the facts, there is quite exactly 1000 ounces of silver above ground per 1 bitcoin, of which about 10% is identified. Most of the supply is hidden and not tradable, as with bitcoin. As you say yourself, much of the supply is hidden. My source says 840 billion ounces, yours apparently says 21 billion ounces. Either way, there is dramatically more silver than bitcoin, plus way more uncertainty regarding the actual amount of silver already mined. With bitcoin, we can calculate an exact number at any point. I did some research a while back and came up with 25 billion oz silver existing above-ground (not just investment silver). How do you come up with 840 billion ounces? Does that somehow include "minable silver" or something? |
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Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.
We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up. |
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Do you offer insurance for lenders against default of borrowers? :-)
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These are cheap bitcoins.
#1 anwser. /thread. pat yourself on the back much and tell everyone to shut up? lame. this one's better: Always buy!
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This didn't surprise me one bit. With the FinCEN and Cyprus news, I told my wife we'd be hitting $100 within a week. I still wouldn't be surprised to see that happen.
I won't be surprised to be back into the 30s in a week. What would surprise me was if you made a bullish post and the rally continued nevertheless. If you really want to see a drop, you should try to write a bullish post. |
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There are 40k times as many ounces of silver above ground now as there will ever be bitcoins.
Nah, as for the facts, there is quite exactly 1000 ounces of silver above ground per 1 bitcoin, of which about 10% is identified. Most of the supply is hidden and not tradable, as with bitcoin. good enough for me. |
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(someone on) bitcoin-central.net just went berserker (>€50 == $65):   the russian cypriots? |
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With bloom filters on the horizon or kind of available already, will BitcoinSpinner continue to use its custom server or will this allow to turn it decentralized and independent from one particular server? Edit: All the effort that went into the server rewrite and negotiations with some BTC companies sounds like the answer is no. (I didn't follow this thread yet. Don't know why  ) It is going to be interesting to see bloom-filters integrated with wallets. I believe that we need all the diversity we can get, so BitcoinSpinner is not going the bloom-filter path. I am working full time for Bitcoincard now, and since the company regards the backend system as a strategic asset they are evaluating currently evaluating the benefits of open sourcing it. I can hopefully tell more about this after the conference. Thanks for this info. |
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