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1081  Economy / Goods / Re: [WTS] 5 x 2013 1-BTC Casascius Coins on: April 12, 2014, 06:02:58 PM
Bump! Smiley
1082  Economy / Goods / Re: [WTS] 5 x 2013 1-BTC Casascius Coins on: April 11, 2014, 08:39:12 PM
What about the 2011 coins??  I would possibly be interested in those..depending on condition.


Honestly, I don't think I'd part with the 2011s right now as I believe I can get them graded and get a much higher premium for them; condition is excellent, and in fact the coins have never been removed from their individualized packing packaging during shipping.
1083  Economy / Goods / Re: [WTS] 5 x 2013 1-BTC Casascius Coins on: April 11, 2014, 07:26:55 PM
Hey how come you arent selling these on ebay? Looks like 3 sold this month alone for $1300 a pop. $500 for a half.

I'll take 10% commission fee on each coin sold Wink

http://www.ebay.com/sch/i.html?_odkw=Casascius&LH_Sold=1&_osacat=11116&_from=R40&LH_Complete=1&_trksid=p2045573.m570.l1313.TR10.TRC1.A0.H0.XCasascius+brass&_nkw=Casascius+brass&_sacat=11116


What year are yours? Can you upload pics?

No thanks, I'd prefer to sell them myself Smiley

These are brass, 1-BTC 2013 coins.  I can take pics right now with an iPhone, though I'm assuming a buyer would prefer high-res pics to better show each coin's condition.  I can at least prove that I own them, but for now you'll just have to trust me when I say they're in great condition (I.e. never touched by bare hands; stored in safe since date of receipt from Casascius, etc.).

I'm not selling on eBay due to past problems with buyers (e.g. BTC value goes down during auction and buyer claims he made a 'mistake' placing a bid, etc.).  Selling on eBay gives me a headache.

Edit:  I also have 2011 and 2012 1-btc coins.  I may be willing to part with a 2012 1-btc coin pending a fair offer.

1084  Economy / Goods / Re: [WTS] 5 x 2013 1-BTC Casascius Coins on: April 10, 2014, 03:56:23 AM
Bump Smiley
1085  Other / Off-topic / Re: I transcended the Physical Realm on: April 04, 2014, 08:20:03 PM
You're high as Nimbus.
1086  Other / Off-topic / Re: NASA offers $35,000 if you can come up with better algorithms for Id asteroids on: April 03, 2014, 07:21:39 PM
Around 2007, I left a detailed voicemail for NASA explaining how to save the planet from asteroids.

But still, the search continues  Huh

Did it involve homeless people? Mine did.

No, it involved scaling-up existing technology.  That, and everyone on the planet would require earmuffs. 
1087  Other / Off-topic / Re: NASA offers $35,000 if you can come up with better algorithms for Id asteroids on: April 03, 2014, 04:00:18 PM
Around 2007, I left a detailed voicemail for NASA explaining how to save the planet from asteroids.

But still, the search continues  Huh
1088  Economy / Speculation / Re: Thanks sellers for giving out free $ on: March 30, 2014, 07:03:11 AM
I see an awful lot of people calling this a good buying opportunity. This is usually a good sign that it's not. IMO it will go to $50 before it crosses $1000 again, and if it stagnates too long at a low price, it could get usurped by an alternate currency. Adoption had slowed to a crawl and the media have done a good job of burying it for a while at least.

Tons of positive development + legal clarification (in USA) + death of awful exchange + *growing* adoption + people panicking over information they don't understand + TA + Bitcoin! = buy indicators.

"Slowed to a crawl?"  According to what?
1089  Economy / Speculation / Re: Thanks sellers for giving out free $ on: March 30, 2014, 06:41:29 AM
I feel sorry for anyone buying right now



lol I feel sorry for those not buying now

I'm guessing you missed most of the good buying opportunities in the past, too.  

Edit:  To the other guy.
1090  Economy / Speculation / Re: The next 8 to 48 hours? on: March 28, 2014, 02:13:49 PM
It's been weird, though - we've had lots of good news recently and it hasn't moved much, but one rumor from China shows up and down we go. :-/

good news?? lol you must be joking. every god damn day has brought bad news for weeks now.

The BTC community is a lot bigger than this forum, and more importantly, there's way more going on than the sensationalist stories that get inappropriately hyped by the media would seem to suggest.

All the good news is in the sweat of the hard working entrepreneurs and developers, the 'boring' stuff that just doesn't have the same impact as a good doomsday article.
1091  Bitcoin / Bitcoin Discussion / Re: [POLL] Are you getting off the train? on: March 28, 2014, 03:44:31 AM
If you've never seen bubble burst its a beautiful thing to see unfold.

I've been trading stocks and options since 99.  Learned a lot those years.   Saw the bust of dot com,  real estate and now beginningz of tech 2.0 bubble burst.

Call me a noob  if it makes you sleep better investing in a time bomb.

Its like the APPL cult of 2012.  TSLA cult of 2013.  Hard to call the top.   But all the signs are there

Actually, the way I see it, everybody who is new to this market and legitimately has something to lose is panicking in reaction to news they don't understand.

And, the way I see it, all the cooler, experienced heads are focused on the overwhelming positive news going on every day, all the time, on every continent.  Seriously, there have been so many amazing developments in terms of infrastructure in just the past 3-6 months alone that I suspect there will be a *lot* of weak hands catching falling tears instead of knives.

Edit:  All the signs are there, eh?  What about this sign?
1092  Bitcoin / Legal / Re: [IRS] If Bitcoin is property, then the IRS may have a BIG problem! on: March 26, 2014, 06:33:24 PM
Here are a few thoughts of mine, though I'm not well versed on tax code laws:

1)  The ruling seems to imply that fair market value should be calculated for *every* BTC transaction, including rewards distributed per share at PPS pools.  Can you imagine calculating FMV and tracking gains for, literally, tens of millions of transactions?  Or, do you only track the FMV of withdrawals made from your pool account to a personal wallet at the date and time they were received (since changes in account balances don't correspond with actual transactions)?

2)  Think of multipool miners who would also need to calculate the FMV of all reward transactions received for each of the bazillion coins that they mine per day.  Sounds fun.

3)  What happens when you buy BTC with BTC at a different price, such as when purchasing a physical bitcoin?

4)  What is FMV anyway?  Which exchange represents FMV in a decentralized market?  Can't I just say my buddy offered me $2 for a bitcoin and call that FMV?  Or is FMV simply whatever you paid at the time that you paid it?  If it is, then how do you calculate the FMV of mined coins at the time they're received?  Am I correct in assuming that it's likely best to just choose a reasonable method and consistently apply that method in tracking all transactions, and claim a good faith effort in case something goes wrong?

5)  The difficulty in tracking everything definitively applies as much to the IRS as it does to us, and it seems impossible that, given a good faith effort in reporting gains or losses, the IRS would be able to prove you owe otherwise.
1093  Bitcoin / Bitcoin Discussion / Re: Investors - LTC vs BTC - Mathematics on: March 24, 2014, 09:00:58 PM
6 LTC confirmations are not as safe like 6 BTC confirmations.

For obv reasons.

But 1 confirmation is infinitely better than 0 confirmations, and therein lies one of the key benefits of fast confirmations.
1094  Economy / Goods / Re: [WTS] 5 x 2013 1-BTC Casascius Coins on: March 23, 2014, 07:18:23 PM
Bump.

Make an offer Smiley
1095  Economy / Goods / Re: [WTS] 1 X 2012 1-BTC Casascius Physical Bitcoin on: March 23, 2014, 07:15:50 PM
Bump.  Make an offer Smiley
1096  Bitcoin / Bitcoin Discussion / Re: Investors - LTC vs BTC - Mathematics on: March 22, 2014, 10:10:09 PM
What is the mathematically rationale for increased ROI ( LTC vs BTC ) ?

Many people think much larger proportional ROI for LTC is a mathematical certainty?

Is there any truth to this?

Many thanks

I'm not sure what you're asking.

Based only on what you typed, the answer is no, there is never a guarantee of rate of ROI.
1097  Economy / Goods / Re: [WTS] 5 x 2013 1-BTC Casascius Coins on: March 22, 2014, 08:48:23 PM
Bump Smiley

Make an offer on one or all Smiley
1098  Economy / Goods / [WTS] 1 X 2012 1-BTC Casascius Physical Bitcoin on: March 22, 2014, 08:47:38 PM
Hello,

Up for sale is one (1) 2012 1-BTC Casascius physical Bitcoin.  The coin, although not graded, is in excellent condition and has not been touched by hands, dropped, etc.  The coin was received directly from Casascius and immediately placed in my safe

As far as I know, these are fairly uncommon. 

No set price.  Make an offer that accounts for shipping.
1099  Economy / Trading Discussion / Re: How to prove Bitcoin transactions to a bank? on: March 22, 2014, 04:03:40 AM
They are capital gains and you have to report / pay taxes on capital gains - that should be clear enough for the Bank once it's done.

The other problem if I have or haven't understood correctly is that you want to get a mortgage? A Bank is likely to see Bitcoins as extremely volatile / untrustworthy, and therefore unlikely to accept the value of said assets in determining what kind of mortgage they can offer you. If you do want to keep those assets in BTC and still somehow need to get a mortage - I would suggest looking into one of the Bitcoin trusts / Banks, that may seem more legitimate in the eyes of the Loan manager at the bank, then again it may not - it is something you should clarify.

My realtor is a hotshot millionaire ex-banker who is doing me a favor through a mutual friend; he knows the ins and outs of the banking system and works with multi-millionaire clientele, so he's been able to at least get their attention.  He actually told me that one of the agents spent several hours researching BTC because I told him to tell them to do that so they wouldn't keep asking me for information that has nothing to do with proving BTC ownership.  Lol.  

I consider it a small win Smiley

In any case, he seems to know what he's doing.

Edit:  Thanks, I will look into that.
1100  Economy / Trading Discussion / Re: How to prove Bitcoin transactions to a bank? on: March 22, 2014, 03:47:54 AM
Wow that is a going to be a difficult sell. Your best bet is to sell some bitcoins to cash and put them in an account in the bank. Then when you have closed on the house, convert back to bitcoins.
This sounds like a recipe for potentially destroying tens of thousands of dollars in wealth. If at any time during the process BTC spikes upward, OP has lost money. Not worth it imho.
Not to mention that you have to explain to the banks where the large amount of cash came from. They need to know that the money was not borrowed, which leads you back to square one - having to prove that the coins you sold were yours.

Exactly.  I have five-figure deposits to my bank account which are BTC cashouts.   They are indeed asking me where the hell that money came from.
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