Here's the final summary of the dates chosen, voting & prize entries are now closed, with the time frame of the 4 years up to the end of 2017 being the most popular years for issued Bitcoins to reach $1 B in the poll votes, but 2012 taking it in the date choice & the same for 1 BTC to gain parity with 1 gm Au. Here also a rounded up table of the approx BTC price for achieving $1 B in the years of them being mined & the $ value of each 5 BTC prize offered - though I chose dates for 2015 myself the sooner I get to give those prizes away the happier I'll be  Year 1BTC 5BTC 5BTC 20BTC (the doubled prize for winning both dates) 2012 $110 $550 $550 $2,2002013 $95 $475 $475 $1,900 <--- WTG BTC & Scott J ~ March 2013 for the double prize! 2014 $80 $400 $400 $1,600 2015 $75 $375 $375 $1,500 2016 $65 $325 $325 $1,300 2018 $60 $300 $300 $1,200 2020 $55 $275 $275 $1,100 2023 $50 $250 $250 $1,000 2033 $48 $238 $238 $952  Final Summary $1B2012 05 01 miscreanity
2012 05 10 lord bookington
2012 05 16 cloon
2012 06 01 finway
2012 06 27 Goat
2012 07 04 kjlimo
2012 07 07 foggyb
2012 10 02 niko
2012 10 30 sadpandatech
2012 11 04 the joint
2012 12 01 westkybitcoins
2012 12 07 notme
2013 01 01 farfiman
2013 01 07 chsados
2013 02 13 Mageant2013 03 23 Scott J <--- looks like a winner, this now confirmed & prize sent 2013 05 05 BTCurious 2013 05 08 kilmyos 2013 05 22 Clark 2013 07 14 Koekiemonster 2013 09 07 sgbett 2013 09 12 istar 2013 12 06 waspoza 2014 01 04 indeededausername 2014 06 23 Kluge 2015 04 01 Revalin 2015 04 02 Otoh 2016 07 08 proudhon 2017 09 11 Wekkel 2017 12 12 trogdorjw73 Never - Hawkix1g Au2012 04 01 miscreanity
2012 05 03 Goat
2012 05 13 Niko
2012 06 07 foggyb
2012 06 12 cloon
2012 08 01 oOoOo
2012 08 03 sadpandatech
2012 08 10 kjlimo
2012 09 03 the joint
2012 12 07 notme
2012 12 21 Mageant
2013 01 03 Koekiemonster
2013 01 07 chsados2013 03 23 Scott J <--- looks like a winner, this now confirmed & prize sent 2013 04 13 proudhon 2013 06 10 Clark 2013 12 06 waspoza 2014 01 01 farfiman 2014 03 04 Wekkel 2014 04 01 Revalin 2014 05 03 indeededausername 2014 05 05 BTCurious 2015 05 05 Otoh 2016 09 07 sgbett 2018 06 27 trogdorjw73 Never - westkybitcoinsPrizes: 1BiLLioN Sent: Tx1GramAu1 Sent: Tx1x2wins Sent: Tx |
|
|
|
I'm as old as the hills & would be delighted to have inherited any gold or silver in any form & am actively building what I hope is an interesting hoard for future generations, it's down to personal taste of what you enjoy collecting, I would recommend saving an eBay search for silver art bars, over say $50 & at least 2 bids on them, that way you'll get to see the more collectable - sort after ones, maybe collect along a certain theme, for gold I'd start with a nice 1 gram bar or 2, the Pamp Suisse ones with the goddess Fortuna & cornucopia on are nice & symbolic of prosperity & abundance, the UBS hologram ones are very attractive too. If I was in the States then a sack of pre 1964 90% silver dimes, check completed listings to see the current going prices approx for all the above. I would also go for slabbed (by PCGS or NGC) Chinese silver coins from reputable sellers/dealers Making a collection of a specific type, date run or around a theme can be fun as you fill in the gaps & can be enjoyed virtually if you add them to a web page, personally though I would set up a Mt.Gox account specifically for BTC long term savings & pay in some $ for every birthday, giftmas etc, to buy a few whenever the price moves 10 - 20% down during the year, I'm setting this up for a friend's kid who lost her father in a tragic accident at 4 years old 2 years ago, I'd also buy Casascius coins I hope to leave an eclectic mix of goodies as heirlooms when I'm even more ancient so for now I'll just ask you all politely to get off of my lawn & to take your dam metal detectors with you  |
|
|
|
|
summary on the previous page updated
westkybitcoins - thanks for pointing out my error with your AU call
waspoza - your date for B$1 is taken so please re-choose if you wish to enter one for that
|
|
|
|
OK last chance for any more votes or date picking here, I shall close this off tomorrow with a final summary (or an edit of the summary above) of the dates that have been chosen & leave the thread open, but any further dates picked after tomorrow will not be eligible for the prizes ~ good luck |
|
|
|
extra bold prediction, a short long term one, there will most likely be a 3 fold price increase in May of this year, probably early May, so however you play it then an all in position for at least just that time frame would be wise not to miss, after the event I shall elaborate more... suerte |
|
|
|
|
lol (hadn't seen ur last post)
edit: here in europe we get drunk earlier than u's
|
|
|
|
|
"Question: What Price is next $4.30 or $4.70? "
biased question or what
if i wasn't drunk I would have the sense not to participate
|
|
|
|
|
, are ur friend dood
xxx, yyy's zzz
or if not
yyy's xxx zzz
made me lol tho
|
|
|
|
|
ur tripping dood, 5.xxx surely!
|
|
|
|
many thanks & igualmente |
|
|
|
the € doesn't enjoy 25% daily swings against the $, so cheap at the price I'd say for a punt
Right, but it does enjoy the liquidity and leverage where you can successfully do that for your account (not something I'd recommend). with enough leverage & enormous margin deposit one could I guess potentially get 25% daily returns on €/$ (or more likely 100% wipe outs), but this though is so different & harder for the average Joe to initiate as to be not even worth mentioning in this context, where as anyone with a few $ they don't mind risking can do this now relatively easily & basically anonymously via BTC edit: someone buys $100 worth of BTC at Gox, they pay $0.55 fees, BTC move up or down 25% or more faster than the € can say TU, so how is that few cents going to matter even when it's no leverage 1:1, & @ 10:1 forget it |
|
|
|
|
$100,000 last November in to BTC & Gox taxes you $270
hibernate for the winter
= win
try matching that return with €/$ however low the fees, high liquidity, leverage, etc
OK if you have B$ to invest but then why even bother to look at such a small cap as BTC where that would be unfeasible & anyway here the % returns potentially pwn & you can do it with your own $ rather than needing to manage a fund
|
|
|
|
|
the € doesn't enjoy 25% daily swings against the $*, so cheap at the price I'd say for a punt
* edit: at least not as yet
|
|
|
|
I'm a trend follower, in this mornings case the extra indicators were added confidence but wouldn't necessarily dictated my action. Thanks for this thread by the way, it's good to have an extremely experienced person around to recommend the right books. I only wish I had the discipline to follow your approach and back test my strategy which I haven't even defined yet. But then again, that's the beauty of bitcoin, with only .65% commission at Gox, I have thousands of trades experience which I wouldn't have anywhere else along with the fact I can jump in and out. Were I paying 10$ a trade, along with account fee's I suspect I would be far more strict in my approach.
Thanks for participation in the thread! .65% is actually a massive commission. In the currency markets, the EURUSD is currently trading at 1.3217. A .65% commission on it would be .0085 or 85 pips. The commission I pay on EURUSD is about 1.1 pips. Mt. Gox is 77 times more expensive to trade than the typical currency markets. $100,000 trade on Mt. Gox -> $100,000 * .0065 = $650 commission $100,000 trade on EURUSD -> $100,000 * .00011 = $11 commission The only way to be profitable in short-term trading in the BTC market is volatility. If volatility dries up, commission will crush trading. 0.27% actually  & even the € doesn't enjoy 25% daily swings against the $, so cheap at the price I'd say for a punt |
|
|
|
A lot of traders think they can beat the market, even though very few will be able to do so over the long term. Staying long will be the best strategy for the vast majority.
+1 because I believe the BTC has great potential & hence upside so I'm long term long, the one time I tried a speculative short was when there were heavy predictions of a fall due to the holiday season in late 2011 - that didn't exactly end well, but luckily I took a hit & had gone back to full on long after Thanksgiving so caught the Giftmas & New Year's booms which more than covered that loss & then some, my main concern about not being full time long & steadily adding to my position when able would be missing the, as I see it, inevitable leap up when some main stream adaption finally gets announced - I've no idea of when it may happen but I'm happy to risk a lot that it will be some day & it will probably be at the moment many think it's best to be waiting on the sidelines in $ or shorting even with leverage, I wouldn't be surprised to see a tripling of the price at some stage over a fairly short time frame & bar the obvious short term profit taking/speculating that would cause, then for it to become a salutary new price floor with much higher growth expectations, I'd rather that it took a while too as I'd like to add to my position beforehand as much as I feel comfortable risking when the flip side = 0 |
|
|
|
to go from no fee to their small 0.65% fee when the gox has an even smaller small starting fee of 0.6% on a sliding downward scale of smallness strikes me as loony, especially as their spreads are normally much wider due to their smaller volume  which now will get even smaller I expect |
|
|
|
|
perhaps to send your receivers Mt.Gox BTC codes until this is sorted out, they're working fine atm & always have as far as I know
|
|
|
|
EMA(10) > EMA(21)  mine was the little buy that pushed the price from $5.40 to $5.45 (821 BTC took just under 11 seconds) & I'd like to say a big thank you to whoever sailed in right afterwards with the 23k spike it to $5.75
|
|
|
|
|
Show Posts
