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401  Economy / Goods / Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. on: October 21, 2013, 06:52:51 PM
this is a serious question
would you sell very small amounts of this land? like a few square yards


More importantly, do local regulations allow such sales?
402  Economy / Securities / Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs on: October 21, 2013, 06:20:50 PM
Although, there are some online wallet services which allow you to sign messages with the address, for example blockchain.info/wallet, so it would be okay to have your public BTC address there.

Although not all wallets sign in the same format. It would be important for format to be the same as Bitcoin-qt

Is there a way to check if the wallet uses the same format as QT?
403  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 21, 2013, 01:55:22 PM
What's PM?

It is a subset of alt currencies where instead of having a digital balance, your balance is determined by how much of a certain element you hold. Popular elements of choice include gold, silver, and platinum.
404  Economy / Securities / Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs on: October 21, 2013, 01:22:02 PM
I must sign a message to my public withdraw address , but I don't konw what content in the sign message.

Presumably that will be announced later. As Namworld said in the post above yours "A form will be created ..."

Right now, you just need to ensure that the public BTC address on file in your BTCT account is one that you control and can sign messages with (so it's can't be a deposit address for some online wallet service).

Although, there are some online wallet services which allow you to sign messages with the address, for example blockchain.info/wallet, so it would be okay to have your public BTC address there.
405  Economy / Speculation / Re: Price down to 3.8 - How low will it go? on: October 20, 2013, 01:50:39 PM
I don't understand what are you guys trying to say, other alt coin?

I guess you could call USD an alt coin, but I don't think it even deserves that level of respect.
406  Economy / Speculation / Re: Price down to 4.25 - How low will it go? on: October 20, 2013, 03:55:15 AM
Looks like the price is stabilizing at about 8.1 or so. I predict this is like a repeat of last summer, we will have generally stable price for a while, perhaps with a gentle rise and fall, and in a few months the price will start moving down again.

Hey, that looks like it worked out pretty much as I predicted Smiley
407  Economy / Speculation / Re: Price down to 3.8 - How low will it go? on: October 20, 2013, 03:42:04 AM
Depends on where you look. MtGox went down to 5.1 but Bitstamp is still up over 5.8. But either way, the price is definitely going down. We may have a new low soon; if you look at something like a weekly average for the price, we are already down below what it was back in April (the low of about 3.8 was touched only briefly before the price jumped back to 20 on the way to settling at about 7 for the past couple months).

It doesn't help the exchange rate that the printers just got the green light to flood the market for the next four months without any limit. The American representatives just gave a blank check to the banksters, that move will come back to bite them and the people they represent, and the price dropping is just one of the many effects we will see. Now would be a good time to sell if you are holding any significant quantities.
408  Economy / Economics / Re: Everyone says US can't raise debt ceiling forever. Why? on: October 18, 2013, 05:43:12 PM
Ignore the debt ceiling which is just a charade the government puts up and focus instead on the debt. All the debt is earning interest. As the total amount of debt rises, eventually the interest on the debt will cost more than the country takes in in revenues from taxes. At that point the only way for the government to pay that interest is by borrowing more money (also known as running a ponzi scheme) or by printing more dollars. Printing more dollars results in inflation. As the rate of inflation goes up, people demand higher interest rates to offer more debt, and so a vicious cycle begins where you need to print even more money and you enter hyperinflation. One thing that could shake up this fiasco is if people start to demand debt denominated in something other than USD. Then the government would not have the option of just printing more money to pay back the debt.

The debt ceiling is like a guy with a credit card saying "I am not going to go more than $1000 dollars in debt", then when he hits that and still wants to buy stuff he says "I am not going to go more than $2000 in debt", he can keep going on up as long as he wants until he gets to his credit card limit set by the card issuer. Then it doesn't matter where he puts his own limit, he could say "I am not going to be more than $8000 in debt", but if his limit is at $2500, he will never be able to get to his debt ceiling, he will have to stop at $2500.

Same fallacy again in the same thread  Shocked

Its nothing like a credit card limit.  Owners of credit cards don't own money printing presses.  The government does.  If it all goes wrong, they can print more money.  That's why its a safe investment - it can never fail to be repaid.

Did you even read what I said? The credit card limit is not the debt ceiling, it is what lenders are willing to lend to the country. As the debt goes up it will be harder and harder to find people willing to lend money, just like as you max out your credit card it becomes harder and harder to find somebody to give you another credit card. What happens when people are no longer willing to buy US debt denominated in USD since it is inflating, and they will only buy US debt denominated in other currencies (whether it be gold, euro, bitcoin, whatever)? When people stop buying USD denominated US debt, then the US will no longer have a printing press with which to pay back the debts, and they will have to operate in the same world as the guy with the credit card. Would you give a guy a loan if his income is less than the minimum payments on his current loans?
409  Economy / Economics / Re: Everyone says US can't raise debt ceiling forever. Why? on: October 18, 2013, 03:06:51 PM
Ignore the debt ceiling which is just a charade the government puts up and focus instead on the debt. All the debt is earning interest. As the total amount of debt rises, eventually the interest on the debt will cost more than the country takes in in revenues from taxes. At that point the only way for the government to pay that interest is by borrowing more money (also known as running a ponzi scheme) or by printing more dollars. Printing more dollars results in inflation. As the rate of inflation goes up, people demand higher interest rates to offer more debt, and so a vicious cycle begins where you need to print even more money and you enter hyperinflation. One thing that could shake up this fiasco is if people start to demand debt denominated in something other than USD. Then the government would not have the option of just printing more money to pay back the debt.

The debt ceiling is like a guy with a credit card saying "I am not going to go more than $1000 dollars in debt", then when he hits that and still wants to buy stuff he says "I am not going to go more than $2000 in debt", he can keep going on up as long as he wants until he gets to his credit card limit set by the card issuer. Then it doesn't matter where he puts his own limit, he could say "I am not going to be more than $8000 in debt", but if his limit is at $2500, he will never be able to get to his debt ceiling, he will have to stop at $2500.
410  Economy / Securities / Re: [BTC-TC] BitVPS on: October 17, 2013, 01:53:22 PM
mpex will not accept bitvps

Link?
411  Economy / Securities / Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs on: October 14, 2013, 01:48:53 PM
I've posted news on BTCT.co, emailed to all holders. Here it is again.

Quote
Hello,

I've received news from Havelock.

With BTCT.co closing down, Bitfunder blocking US people and Havelock not accepting new assets, I will be closing down this PT.

All assets will be claimable on coinbr.com starting November 1st to be traded directly with MPEx orderbook. Coinbr's monthly fees of 0.09 BTC will be waived if you withdraw everything from your account before the end of November. I've paid for Coinbr's withdrawal fees (0.1 BTC) to be waived. You will have until the end of November to claim your assets.

YOU MUST BE ABLE TO SIGN A MESSAGE ON BITCOIND (Bitcoin-qt) WITH YOUR BTC ADDRESS ON FILE! MAKE SURE YOUR PUBLIC BITCOIN ADDRESS ON BTCT.co IS ONE YOU CONTROL IN FULL (HAVE PRIVATE KEY). YOU WILL HAVE TO PRODUCE SUCH SIGNATURE TO CLAIM YOUR ASSETS.

Regards

Does that mean we have to wait until november 1st to claim the assets? Could we have them transferred to our coinbr account sooner than that?
412  Other / Off-topic / Re: Programming in Python on: October 13, 2013, 07:57:06 PM
I'm pretty sure I know what your problem is. First, what version of Python are you using. Type python at the command prompt.

There is no command prompt. It's a web browser implementation for the course. It works fine with codeskulptor but throw an error with python 2.7.3 on my computer.

Code:
Traceback (most recent call last):
  File "test.py", line 13, in <module>
    print miles_input + " miles = " + str(miles_to_km_no_float(miles_input)) + " km (no float)"
TypeError: unsupported operand type(s) for +: 'int' and 'str'

for the print command, intead of adding a bunch of things together, it might be better to use placeholders?

Code:
print "%f miles = %f km." % (miles_input, miles_to_km_no_float(miles_input))
413  Economy / Securities / Re: so... anyone want to make a regulated US stock exchange? on: October 11, 2013, 01:54:39 PM
now lets talk about the exchange

Any BTC exchange is going to have to comply with the same rules and regulations as existing broker / dealers. Specifically:

Quote
A broker-dealer may not begin business until:

it has properly filed Form BD, and the SEC has granted its registration;
it has become a member of an SRO [Self Regulatory Agency];
it has become a member of SIPC, the Securities Investor Protection Corporation;
it complies with all applicable state requirements; and
its "associated persons" have satisfied applicable qualification requirements.

Link: http://www.sec.gov/divisions/marketreg/bdguide.htm#III

So we're back to the same question... why go through the trouble when the OTCBB already exists? Even putting aside the SEC and SRO regulations, there is no incentive to become properly registered and compliant with all of the states. The money is just not there.

The money is just not there ... yet. As bitcoin grows and takes over the world, the money will be there because bitcoin will be the money.

I like the list you include, that is the useful sort of information we need to get this rolling.
414  Economy / Speculation / Re: POLL - Are we heading stability for a respectable period of time? on: October 10, 2013, 08:01:04 PM
just the calm before the storm, as they say. the SR flash crash showed us the current sentiment-- that the bottom of this market will drop out immediately given a catalyst. just waiting for it, here.

No, the SR flash crash showed us the opposite - that sudden news will shake the market but the price will stay steady anyway. We bounced right back to where we were before the SR news, it shows just how strong the current price is.
415  Other / Off-topic / Re: Programming in Python on: October 10, 2013, 01:44:04 PM
I learned some python a while ago. I found it useful to solve the problems at projecteuler.net using python to experiment with different programming and mathematical techniques.
416  Economy / Securities / Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings on: October 10, 2013, 01:36:07 PM

All a shareholder registry needs is a robot/service that receives and verifies digitally-signed messages, updating a ledger of share accounts.  This can be automated today using GPG tools, if PGP is used, or bitcoind, if ECDSA is used.

Other parties -- as shown in the past -- will create pass-through entities for the various exchanges that exist.


Frankly, I would not trust a third party to 100% manage my company's shareholder list.  But that's a business decision.  Plenty of Fortune 500 companies hire a 3rd party platform to manage their shareholder registry.



Sounds like you are describing the way MPEx works?
417  Economy / Securities / Re: [BitFunder] Asset Exchange Marketplace + Rewritable Options Trading on: October 08, 2013, 09:25:47 PM
the legitimacy of this whole thing is questionable now.

who really wants to deal with "bitcoin stocks" anymore?

There is still MPEx ...
418  Economy / Securities / Re: [bitfunder] RentalStarter - A Midwest Real Estate Investment Company on: October 08, 2013, 09:24:49 PM
Would it be possible to do direct shares without using an exchange (like what Asicminer does)?
419  Economy / Securities / Re: [BitFunder] Asset Exchange Marketplace + Rewritable Options Trading on: October 08, 2013, 09:18:24 PM
exactly. it is unfair for some of us to have access to this information before others. I see the message has come down off the main page. I think this is wise. Market changing news should be disseminated through the proper channels.

Not condemning anybody yet. let's watch this play out.

it's also unfair to charge fees to force people to sell...

+1
420  Economy / Securities / Re: [BitFunder] Asset Exchange Marketplace + Rewritable Options Trading on: October 08, 2013, 09:04:53 PM
WHAT THE FUCK?

nice fucking ambush.

the bitcoin space is full of deceit and flaky bullshit.


Quote
Important Notice (October 8th, 2013):

Please be advised that BitFunder is implementing the following rules and procedures:

As of October 8th, 2013, BitFunder will not accept new registrations from any United States persons or entities. All new registrants must supply the information required to obtain "Verified" status on their linked WeExchange account. BitFunder may, in its sole direction, decline to accept any new registrations.

As of October 8th, 2013, all current BitFunder users who are located in the United States or are determined to be United States persons or entities will not be able to enter into any new positions on the Bitfunder website, and, as of November 1, 2013, such users will also not be allowed to sell positions on the BitFunder website.

All current BitFunder users who are not United States persons or entities must supply the information required to obtain "Verified" status on their linked WeExchange account before November 1, 2013. Any such users who fail to provide the necessary information will not be able to enter into or sell positions on the BitFunder website as of November 1, 2013.

Users will be able to withdraw holdings and Bitcoins from their BitFunder accounts before and after November 1, 2013.

All assets and issuers must demonstrate that they meet BitFunder's requirements for the listing of assets, or the assets and issuers will, at BitFunder's sole discretion, be denied access to, or removed from, the site. Issuers will be notified of any additional information needed to demonstrate compliance with BitFunder's requirements.

BitFunder appreciates your understanding in these matters as we move forward.

Sincerely,
BitFunder

Seriously, why can't important information like that be put in an email to all users?
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