Sold to zamazama

Both payment and bitcoins were transferred.     He is safe to do business with.

If you have been here a while and others can vouch for you i'll accept credit card.

just pm me to arrange where you want it sent to.

<---  verification 'hero member ' been here a while .. you can check up on my 10,000 crappy posts if you want to see if I am real human or not.

This is the best news I have heard in a long time regarding bitcoin.

The government basically said bitcoin is valuable and is a currency The feds wouldn't be cracking down on someone running a ponzi scheme with monopoly money.

they basically just admitted that it's a valid currency.

thanks!   

Sold!  that was fast.

will do!  


--- edit : Done!~   it's in your inbox.

after your done reading it let me know. . because if you buy it then the matter is settled.. if you don't then I would like to publish the stats and info here so everyone can see.

reserved for answering any questions.

Proof page 1 : https://play.google.com/store/search?q=bitcoin&c=apps

App is fairly popular.

1200 USD or 14 BTC (I hate to say it but I prefer USD as I have bills that don't accept BTC).

Webapp : http://www.ounce.me Google Play : https://play.google.com/store/apps/details?id=com.btc.ounce.me

Moore's Law : Moore's law is the observation that, over the history of computing hardware, the number of transistors on integrated circuits doubles approximately every two years.

Bitcoins's Law: Bitcoins's law is the observation that, over the history of blockchain size, the overall size of the blockchain doubles approximately every 6 months.


In other words the blockchain is growing 4 times faster than Moore's Law.   In 10 years we are going to be seeing an epic disaster if both hold true.   And I am being EXTREMELY conservative on the growth rate,  recently it's been every 3.4 months.

I know I am the OP of this thread,  but I never really chimed in.

I want to point out the following in the most related ETF I can think of :  SLV

iShares Silver Trust (ETF)
NYSEARCA: SLV

Here are the general guidelines surrounding it:
Holdings: Physical Silver Bullion 100.00%

The Trust holds silver bullion and is designed to provide investors with a simple and cost-effective method to gain exposure to the price of silver.

http://us.ishares.com/product_info/fund/overview/SLV.htm

---

Substitute the words "silver" for 'bitcoin'  and you now know what this is.

If a billion dollars go into the bitcoin ETF,  making that 1% of all bitcoins worth a billion,  that means the total bitcoin marketcap is 100 billion if the plan is not to buy more bitcoins.   However most of these ETF's are fluid,  if that much money flows into it they need to make each of their shares worth 1/5 of a bitcoin.   They could mean that they will be buying large amounts of Bitcoins on the open market (or dumping them if they price goes down).

there are ways (I didn't quite understand how their filing addresses this)  but most ETF's allow for physical delivery.   I am unsure how they plan on addressing this,  if they plan on addressing it.

Another issue is the total amount of bitcoins they control,  if they do not increase it,  and money keeps pouring in (and they allow for physical deliver as most ETF's do)  then you now will see bitcoins worth 100k each or more.  

Not only are they going to be 'selling their bitcoins' to the investors ,  they will be making money on the transactions for life for 'managing' the fund.

You think mining fees are outrageous,  these guys just made the most powerful ASIC miner in history.    Every single transaction on that fund they will be making a profit from.

Now your 401k can invest in bitcoins,  retirement funds, every wall street trader...  this is opening floodgates.

http://blogs.wsj.com/moneybeat/2013/07/01/winklevoss-twins-file-to-launch-bitcoin-exchange-traded-product/

Breaking news

honestly this is one of the bigger problems...  I know there are other solutions.. but the solution needs to come from the client  here : http://bitcoin.org/en/download

Otherwise it's going to become a bigger and bigger problem.. literally speaking.

Unless you want FinCEN picking up ATM 15 minutes after they are installed you have to work out the legalities of it. 

That being stated,  the second that's clear you're going to see Bitcoin skyrocket in value.. that's the killer app...   because people could just trade in an out.. go to walmart.. cash in a few bitcoins get groceries... 

It's based on what it earns over *roughly* 18 months.  Hence an ROI of 18 months.  Which by most metrics is cheap as it should be 3 - 5 year ROI for a high growth market.

Another metic is simple.   It's not worth it for me to sell it for less because I'd earn that in 18 months

The hosting is relatively cheap recently since I restructured how it was being processed.   Literally immaterial.  

It's coded in PHP

Advertisers are on 3 month cycles.  Revenue generated is a handful of bitcoins per month.  3 BTC on normal months to 10 BTC on awesome months.

The domain will be yours as well as transferring the android app.

There is a paid version of the app as well,  however it's seldom purchased as the free app does the same minus advertising  This will be included in sale.

I'm open to escrow however any escrow fees would be paid for by buyer.

100 BTC or $10,000 USD would be an acceptable starting point.  It generates anywhere between 3-10 BTC a month depending on who is advertising that month.  

If you keep that ratio you'll see an ROI in about 15 months.   If you increase it then you're ROI will come faster.  If you drop the ball, transfer it to some stupid host that keeps going down or put too much crap on the app then your ROI will come 10,000 years from now. 

It would be along those lines of what was noted on the post above.

Sold! Lol

Considering made more than that from advertisers this morning I think you probably need a few zeros to that number