At least I know hope he knows how much it's worth ? And I guess he does not complain ? ;=) Is he planning on cashing out a little bit soon - perhaps buying something new for himself?

$statement = "The title of the bid";
$condition1 = "The first condition";
$condition2 = "The second condition";

#The bet states:

if ($condition1==true)&&($condition2=true);{
$statement=false;
}
else{
$statement=true;
}

If both of the conditions are true then the statement is conditionally set to false.

The statement is the title.

Sold! I'll post an update soon.

Great. Now, the interesting part for me is: Why did he not sell any bitcoins ? Did he anticipate them to grow in value in the future, or didn't he really not need the money, so he just went with the wind to see how it went ?

Funny, if you DIDNT pre-order in bitcoin when they first announced pre-orders than you could buy their most expensive unit for what you would have paid then for the Jalepeno.

They have no intentions of delivering, but don't mind taking the money from preorders.

The post was made at April 01, 2013, 05:36:32 AM so therefore it was not made before April 1st.

Most don't understand how you can buy something that's virtual 0's and 1's on a file sitting on computers all over the world..

If you register you invite regulation, and audits.  Just saying. 

Thats why gun rights people are against registering the fire arms, cause then they know who to demand they be turned in when they later ban them.

When it comes time to attack bitcoin they know who to tell to stop bitcoining.  Just saying.  You register, you disclosed your usage, then a cease and desist letter will come in a year or two.  Who knows?

I must admit I never bought such an expensive scotch yet, but I also don't see any problem in that. Probably only stopped by the fact that my senses won't let me experience all the nuances and depth of difference between this and some "cheap" $100 bottle.

But you even don't have to drink that - such pieces are often bought as a form of investment - long-term and barely liquid, pardon the pun, but still something that's guaranteed to not lose value over time.

I think if you had enough money that $2000 was indistiguishable from $20, you would do that sort of thing.

355 BTC right now. Pretty amazing, but it seems all potential buyers are waiting indefinitely for a higher exchange rate. Today is the last day to purchase at market rate, I'll be moving to a static pricing model tomorrow morning. Barring a dramatic shift in value, tomorrow's BTC price will be 400 BTC.

For the record, I still expect to win my bet against Micon. (Though the deadline of June 30 is currently my biggest uncertainty - I did expect BFL to be late, but not that late.)

The reason is simple: ASICMINER achieves 167 Mh/J at 130nm. Therefore merely scaling down their design to 65nm (which is BFL's process) should lead to 670 Mh/J, and my bet stipulates 350+ Mh/J.

The BFL video shows a device doing 140 Mh/J, but that includes the inefficiency of the AC/DC power adapter (which is excluded from the bet), and it is affected by the believable explanation of the crappy DC/DC converter (which will be fixed per BFL), and this does not take into account the Jalapeno (which will likely be undervolted to increase power efficiency to fit under the 500mA limit per USB link - remember my bet specifies that only one of BFL's product lines has to beat 350 Mhash/J, not all of them.)

If anybody disagree with me, feel free to bet on http://betsofbitco.in/item?id=665 where I also have 50 BTC on BFL's side

If you put password in URL on your website, it is not Googles fault. It would be your and your only your complete and grossly negligible disregard of most trivial best practices in information security.

Do not blame Google it is not their fault.

I talked to Anthony from FinCEN again for further clarifications on our discussion.

It's not so much whether the other party is registered by FinCEN but it's what you are doing with the coins that matters. Basically, if you're only buying/selling coins for speculative, investment purposes then you are a user and don't need to register. That could include buying/selling from another person directly, or buying/selling physical casascius or virtual coins on ebay. If you do the ability to show that it is only for investment purposes, and use as a "user" would be on you if there were any questions.

If you're doing this as part of a business (which includes mining coins probably, since mining leads to profits of income), then you would need to register. Some points about registering, though:

-It's free to register with FinCEN
-You CAN, in fact, be your own compliance officer. He said that many business owners do just that.
-Was pointed to the following page: http://www.ecfr.gov/cgi-bin/retrieveECFR?gp=&SID=8540ec934b849dc3f899a9454b6f32d4&n=31y3.1.6.1.6&r=PART&ty=HTML

He explained that for the most part, the only things that need to be reported are suspicious transactions, and you can search the web for examples of sample anti-money laundering programs. I asked what forms of identification we needed to collect from those we did business with, he replied that I should read the regulations but in general, MSB don't have the same guidelines, as say, banks do. My interpretation of the guidelines found at http://www.ecfr.gov/cgi-bin/text-idx?c=ecfr&SID=b99714739ce703375951af7f060e38ef&rgn=div8&view=text&node=31:3.1.6.1.2.3.3.7&idno=31 is that you only need to verify the identity of the person when the amounts exceed certain thresholds.

I technically am registered as a sole proprietor, so I might or might not register. It honestly doesn't seem to be a big deal after actually talking through it and reading the stuff. I do not know, however, how the state level will impact it as of now.