This seems like a lot for a watch that isn't even highly-technological or anything. What is the benefit of this (functionally) over others? I'm not seeing where the cost comes from.
I think build quality, materials, and profit margin are probably the big contributing factors. |
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BTCump! Any interest here?
physical ltc from smoothie and some btc to trade for it? |
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frankenmint 3.27 17boCrfz2ce2s1BcM3WpUf5d55oUDqJsN8
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Very nice looking but do they offer cheaper versions of the diy watch? Also, what are the specs for this watch?
I don't think so. I've got specs here: The Cryptomat (Serial Limited Numbered) is a fully hand-crafted luxury timepiece that draws inspiration from traditional coins but was designed to honor the success of the Bitcoin cryptocurrency.
It is composed of a symmetrical 42-mm slick & sharp design case, with a unique complex patent-pending structure. It uses the highest quality Stainless Steel 316L, mainly used in the high tech & aerospace industries where maximum resistance to corrosion is essential. Extremely resistant and highly easy to polish, maintains its beauty even in the harshest environments. Subtly finished, combining three different polishing techniques: brush, satin, and gloss polishing finish.
The case is finished with wide symmetrical openings with anti-scratch and anti-reflex sapphire crystal at front and back, fine-tuned to ensure perfect water and moisture resistance, and incorporating a screw Crown with triple ribbons.
The Cryptomat features a fascinating multi-layered dial structure. Beneath the sapphire crystal, the hour indexes are engraved in binary digits instead of decimal, floating over a dial cut in the shape of the bitcoin symbol for a 3-dimensional effect. The hands are produced by a precise diamond cutting machine, assuring the highest and most accurate finish. The seconds hand incorporates the Bitcoin symbol.
Inside, The Cryptomat is powered by a beautifully finished and precise mechanical self-winding skeleton Made-in-Japan movement of 21 Jewels, with 21600 vibrations per hour and a 52-hour power reserve.
All models come with a matching 316L stainless steel strap with a butterfly clasp and an aditional classical leather strap.
At Cryptomatic we try to assure the highest of experience with our products: the beautifully conceived packaging has a secondary use; it's innings can be removed so it can be used as a desk chest. The packaging includes a unique registration card to proceed with individual registration of your timepiece assuring the certification and ownership of the specific Limited Serial Number.
Specifications
Function: Hour, Minutes, Second Hands at center.
Case: All Stainless Steel 316L with high quality PVD Red Gold coating, Anti-scratch and Anti-Reflex Sapphire crystals, front and rear, Screw Crown with triple ribbons. 50 meters water resistance.
Case Size: 42mm diameter / 12mm height.
Movement: Self winding Skeleton mechanical movement?- Caliber 8N24, 21 Jewels, Frequency 21600 vibrations per hour, Power Reserve 52 hours, international standard of tolerance +/- 10/20 Seconds per day.
PVD Red Gold Satin finish Multi-layered dial structure. hour indexes engraved in binary floating over a dial cut in the shape of the Bitcoin symbol.
Diamond cut hands.
All Stainless Steel 316L with PVD Red Gold coating strap with butterfly clasp.
Extra Genuine Leather with simple buckle.
Packaging includes tool set, two sets of extra screws for strap and registration card.
The Cryptomat has a 5-year international warranty.
Please notice this timepiece can only be purchased using Bitcoin crypto-currency. No other forms of payment will be accepted. |
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It takes a long, long time for 'the public' to cotton on to new technologies. It's not the type of thing that can be forced. When you chuck questioning the nature of money in too...
Technology is the offspring of science and the military. The internet Internet concept (networking computing technology to share data) has been around since the 1950s but took till late 80s to be implemented more or less ubiquitously amongst educational institutions - step 2. Early 90s was early adopters and first large successes of internet technology. step 3 2000s it matures and more things can be done...et al. tl;dr - Takes about 30 years for technology to mature into critical mass you guys. Look at TVs, Radios, Computing technology, Automobiles. |
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If you see my signature, that's what i've been doing with my dead ones.  |
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congratulation!!!
ignore how much of fee we should pay.
may be for the next mohammad Ali too can be the next bitcoin ATm..
Competitive says 1% though w/ rent and electricity costs, that is impossible. Probably 5% would be fair market rate. Going at 2x market rate is a ploy to sucker in the non-tech users to pickup bitcoin from this. - hopefully its only this high in order to let the machine pay for itself and eventually the owner will turn around and list the exchange rate back down to 5% though I sense that is not the case. |
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You astutely describe my design for eliminating commercial mining. But I don't rely on them caring about decentralization.
So what incentive do you have in mind? My white paper will be published. I think of 21Inc. Why? Maybe free phones and laptop equipment that has the ability to run just the same or better than off the shelf components, except its given away freely. The terms and conditions of giving away would mandate that whenever plugged in it would run a mining program subroutine to mine for BTC. That would eventually allow the devices, if used steadily to incrementally mine btc to be collected and perhaps distributed to the users of the phones, the employees of the phone company (in this case, 21inc), and the ability to pay vertical companies, such as quallcomm or intel to provide the chips for said subsidized phones. |
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I used it and liked it. It was enough to convince me to try into the groupbuy for rep. I was looking here for a definitive guide on the subject matter for upgrading past the alpha into the actual groupbuy phase of my backed up ether wallet and address but it seems I shouldn't do that or worry about it so much right now? I was really wanting to lock in the rate of discount so I hurried to get my coin into the crowdsale, but decided against overdoing it. I have no idea what the total commitment is for time to spend so that my rep effectively yields a great return. Although participating in a decentralized prediction market in and of itself is exciting. (I listed the gold price as a potential question to bid on in the alpha).
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Damn that watch is hot . How much are they worth anyways ? And where will they be ordered from ? Timeframe ?
They're Just under 900 from Cryptomatic.io , I think I can get them to work with $830 if there's enough people interested. They come in other colors as well.  And the Front face and URL to look at it yourself:  I know that there's a limited amount so I couldn't get a large group of a few hundred, maybe 60 I'd guess? Once the group is locked in I think they could have them shipped immediately. My goal is to get a discounted rate for us buying them together. I feel confident that if a large enough group here were interested that I could collect a commitment from Cryptomatic to give us a discount rate on the watches, and I'd like to put together a group buy, in another thread if so. |
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just rolled outta bed.... so is this supposed to be working now or not?
Go back to bed, we will wake you when its working. ... wtf I will try and translate. He started a website selling weed, someone suggests he starts taking potcoin at or around the same time we have these issues. lol, I thought he programmed a website using weed then rolled it and started smoking it when all of a sudden someone pops up from a bush that's in the back of his bedroom and was like yo! you smoking pot? can i buy some with deez potcoins? then the dude was like, yea! I need potcoins and not this website joint made from weed. then he went to the website and was like woah, wtf broski? but your translation is a little better For what its worth you guys both did an excellent job of summing up my points. I did built a p2p system where users could post their own stuff to sell, with an escrow system, but after no one seemed interested, I've switched it up to focus on just me providing stuff for required donations and to interact with everyone locally (I'm in a recreationally legal state). I'm game to take potcoin once its working well, for now its too risky to touch any coins in maintenance mode. |
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I think I'd rather have a normal looking one and pay less than give away a 5% premium to look at Mike.
I'd rather keep the mike wrapped one and knock out competition with a rate BELOW mkt - like maybe 1%, have ppl lining up all day to take photos w/ the machine too |
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 I'd really like one of these watches and I think others would too. I am interested in determining if enough people here would also feel the same way and if so, I'll organize a group buy so we can all do our part to support the crypto ecosystem. Yeah, these are expensive, but definitely an investment in my opinion. Self winding, very nice, certainly an heirloom piece for the price they seem reasonable. Well, I've given my points of view, lets see who else might be interested, OR let's just talk about cool BTC wearables in general. |
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Looks to me like he's just gotten a standard Lamassu ATM and then put his branding over it, oh well, celebrities do tend to get people to do stuff so meh.
all he needs to do is to resell the wrap and the firmware for $30 or license it to them and earn $10 per mike tyson branded version. This right now seems like one guy who spent the extra couple hundred on his own custom wrap and decided to tell mt about it. |
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just rolled outta bed.... so is this supposed to be working now or not?
Go back to bed, we will wake you when its working. so, I roll out a website w/ weed. Someone at random on the internet says 'ur doing pot...SELL IT FOR POTCOIN!'. I think 'yea, he's right!' and attempt to follow such action. I see in Cryptsy that wallet is down for maintenance. I come to this thread and the 1st line is like - CRITICAL UPDATE!, along with your website. However, the end of this thread shows, nothing is ready. BTW that email I got came back in May .... Great job everyone  |
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So I found that the only thing stopping you from making a profit w/ BTC mining is how much it cost to mine BTC vs the amount of $ electricity cost so is BTC mining in college a good idea? B/c you pay room and board as a single price and not the electricity bill directly
It may be free but I bet someone will notice and complain/cut you off if your rig generates too much noise, heat, electricity or is deemed a fire risk this -only do it if you can pass off that its for heating. |
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I have always thought of a wallet for newbies that allows to earn some satoshis from inside the wallet.
Kind of an online wallet/faucet. That way users may register and get some satoshis for small tips here and there. Picture a blog or website owner that posts a banner at the footer of its articles: "Do you liked the article? Tip me registering for a free Bitcoin wallet!". Then the reader registers, reads some ads, and gets perhaps 2000 satoshis to tip.
Could be cool... I think
maybe someone see this and she will help you idea = make bitmesh.network software that works! |
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well but basically, what hits tyson with bitcoin?
at what fees this atm works?
Set by atm owner. Probably between 2-5% to be competitive w/ exchanges. |
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