you have to look at a number of aspects here. first, who said that the SLV price is coupled with a silver delivery? the "kitco" price is a price where producers, speculators and buyers agree on a "contract" for a big delivery. (i am not sure how big exactly a contract is, i think several thousand onces) the "SLV" price is an ETF which tries to emulate this price. as i understand the SLV should shrink by about 0,5% each year due to handling costs, which are deducted from the total reserves. also, it is possible to take delivery if you hold a big amout of SLV shares, and aquire silver from them.
second, the real delivery of physical from a mint incurs additional cost, mintage, shipping, insurance, handing and TAX. you will get back most of this extra cost if you resell phyisical, also the 7% tax. AFAIK you must never pay the VAT tax twice on the same good.
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my first donation 1 BTC at tx-id : 261352c8f10ebf2608bd29b15346993e99ddae4806ea870c871865e23ba7bd2e
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count me in the Bitcoin100. please add me to the list. (100 BTC max) do i understand it correctly you can already pre-donate to the vanity address?
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i plan on doing something practical by providing bitcoin service on a local flea market / jumble sale. i will provide assistance by installing apps on their phone for both merchants and customers, showing people how to use it etc.. also i will provide conversion BTC<>EUR for a fixed rate during the day, so that they have no currency risk. this will help people as change money is always a small problem at flea markets. also i plan on selling good food exclusively for bitcoin. what is still missing for my plan: - i need a client that will accept 0 confirmations transactions - the transactions will be face-to-face and very small amounts so i don't see any chance of double-spend risk.
- i need cheap (maybe used) smartphones to lend to people.
- a wireless 3G hotspot that can support ~100 people and run via battery for a whole day
i think this kind of environment is a very good testbed for bitcoin
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i find it funny, when - i think it was Simon Dixon - stated (cited from my memory):
"I do not think it is a good idea to give away all kinds of software for free, as this kills employment" - nobody even bothered to argue against it. heard lots of people chuckle..
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Thanks for the conference! It was a great experience and i hope to see a continuation next year! What i especially liked: - Very good selection of speakers!
- Nice hotel, good venue.
- Prague very good reachable from many locations - especially from Vienna
- Many opportunities to talk to other conference participants. At the hotel, at the Registration and afterwards!
- The panel discussion lead by Max Keiser was great.
Some tips how you can further improve the professional experience: - Allow Questions to be posted to google moderator (http://www.google.com/moderator) during the talk, that the speaker can answer them afterwards. provide a display for him to see them.
- More Time for the Talks. We started quite late in the morning (11:00) and had few pauses. There would have been enough material for an extra half day.
- upload the talks to parleys afterwards. this is the best and most professional place to host presentations i know of. it may cost a bit to host there. but it is the only space i know of that provides slides + video in good sync.
- Aamir Takir had a good talk, i liked it. He has some strengths, but moderation is not one of them. Sometimes it is better to let the speakers talk or take questions from the audience instead of stating opinions for extended amount of time. I would have liked a more neutral moderator with more practice.
- Provide more alternative drinks (Club Mate!) and maybe even professional catering. i had problems paying full attention at the end of the day without caffeine and i don't drink coffee. plus there was not really time to buy it at the mall.
- The wifi at hard rock cafe must be mentioned. If you had a mobile hotspot from a phone that would have solved some problems.
Of course some of those things cost money, but i would be happy to pay my share. if it cost 100€ instead of 75€ - this would still be a fair price. Something that is not easy to fix: I was quite shocked that almost ONLY male, middle-aged white were attending. It makes me sad how society is excluding women from pursuing tech careers and interests.
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Dow target below 1000 we are coming..
I think the Maloney prediction of Dow:Gold=0,5:1 as a low point may be true. If so, dow 1000 would be today. I expect further money printing to inflate the nominal value up, so in 2-3 years gold 5000 dow 2500 may become reality. 5000/5000 could also be, would sound less intimidating but is in fact nearly the same. This is the scenario "if we continue as we have always done" and fight debt with more debt
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a standard account can only buy 5 shares per film on PMF.
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i love max+stacy they are great! However, they stated multiple times, they are the "Black Swans". Whenever they show up, the whole thing crumbles shortly afterwards. They have done so in Iceland, Ireland, Greece, New York... see for example: If You See Me in Your City, Run for the Hills
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we founded http://bitcoin-austria.at/ some weeks ago. this is a non-profit association (a registered legal entity) that has similar goals - but focused on europe/austria. if there was some sort of umbrella organisation a cooperation would be a possiblity.
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i looked at the prices they seem right for me.. 2.61232 / 2.72033
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that's a video that i would send my mother to explain bitcoin - that is something she will understand. this may become as popular as the weusecoins video, for non-technical people.
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this sounds reasonable. as a high-profile trolling playground like TPB sometimes extreme measures must be taken. thanks for providing an explanation and keep up the good work in providing TPB. btw - i'm quite sure the number of bitcoin signatures in releases will increase exponentially in the future
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going by the numbers, ukraine
i can only speculate - ukraine has the lowest power cost in the world. maybe a major mining operation?
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don't be so harsh drawing trendlines is an art or do you complain to your barrista when he hands you his cafe latte with - last week the pattern was different!
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wow! max keiser + stacy herbert. i am big fans of them no joke: i even named my RPG character "Herbert" recently.
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i just signed up. i am looking forward for payment details and destination confirmation.
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