I routinely wait for confirmations - most recently 9-12 - it's not a big deal to me, but it might be to others.  Not sure if it a set number or if there is manual intervention, but I've not lost a transaction yet.

Patrick

No problem, I added it as May so should be correct - if not, let me know.

Can you provide a link to the Nov2011 taking of deposits?

Starfish waves at the "Farmer"

That was the point I was trying to make in a couple of places, but that sums it up nice and bluntly.

And if you want an example of how to make money pushing it around in circles, why don't you try shifting money back and forward between two (or more) trading companies that wish to save on the transfer fees that the banks charge for currency exchange.  I've done that and benefited by several hundred dollars (probably less than a grand) just for personal use.  If I was still running cross border businesses, it would be worth a lot more to me.

Another idea that works is to pick on jurisdictions where purchase power parity is out of alignment and move currency/goods to take advantage of the arbitrage.

Interesting article, although I thought it a bit harsh to summarise at the bottom as
These investments are either donations that come with benefits (à la Kickstarter) or they are speculative gambling at the cheapo casino.   There is nothing in between.

I certainly don't see Gigamining at those extreme ends of the spectrum.

I can think of several, and it just takes a bit of effort for the book-keeping.  But I'm not going to disclose what I'm thinking of or doing, because that's not how the world works.  You want to get rich, use your resources effectively, and don't give them away.

Edit, while sitting and thinking of some variations, there are systems that might not work in all jurisdictions, and some places will have better results than others.

Interested and watching.


TargetDate = "5/31/2012 12:00 PM GMT-7";
BackColor = "white";
ForeColor = "black";
CountActive = true;
CountStepper = -1;
LeadingZero = true;
DisplayFormat = "%%D%%d %%H%%:%%M%%:%%S%%.%%SS%%";
FinishMessage = "It is finally here!";

I consider this loan now paid in full.

No I wasn't, but that is certainly an area where it occurs.

Strikes me that people are too occupied with what they see right in front of them, and not what else happens in the world.  Might be that they have not been exposed to the ideas, or not seen what else can be done.

As an aside, when the project I was on was seeking capital a few years ago, most people were looking at 30% to 50% returns per year across several years.  The result was people purchased at 0.32 and sold at 1.40 - made a nice return for them.  Much more conventional, but it was a highly regulated and competitive industry.

Actually there are places you can make 7% per week legally.  It's not something I chose to do, and the total dollar returns are not great for me because of market size.  I'll stick to providing 7%/month returns for people (legally), and wait for someone to come trolling that my offering 200+% per year returns "must" be some kind of illegal ponzi shit.  Sure it's not as good as Pirate, nor as such a scale, but it's nicely sustainable.

How did the 500 coin loan go?

https://bitcointalk.org/index.php?topic=82169.0

Thank you Mr P for a nicely considered reply to some of the other threads.

It still amazes me that there are basically two groups of people, people who believe stuff can not be done (normally stupid), and those who go out and do it (a mix of smart and stupid people).  Mr P is in the second category and probably smart - and I have a friend  in the second category who is stupid and has $2M in the bank.

Ha ha ha (arrrgh - subbed)

Actually, the first dividend that has gone out gives that 1% return for that week.  If you look at the future dividends you will see that they are higher.  By your reasoning the return will be 2% for the next two weeks and then closer to 3% when PPT.D dividends are paid in three weeks time.  Apart from the following week where it will be higher again, with a 1.5BTC price, it looks like 3% to 4% per week return.

My brain hurts trying to work out how little a difference that is.    0.000999

So one tenth of a percent over a month - "score!"

Worth having - well done being on the cusp maybe we should have a prize.

Yes - easy.

I have run nvidia and ATI mixed cards in various two and three card combos for several years.  Mainly under W7, but also XP.

There have been a few sales of PPT.DIV shares since they have been available to trade, and with the first bond redemption (PPT.A), the first dividend is scheduled for tomorrow at a modest 0.0159.

It is back up and running, try going to the site rather than a simple refresh - that worked for me.

Also, with some quick work and cooperation things worked pretty well when faced with the problem today.  It was good to see the help Nefario was able to provide and while taking the exchange down was a big step, it was probably the right one at the time.  I'd just like to take this opportunity to say "thank you".

That's pretty much what I saw too - we think it's almost sorted.

Actually, we think we broke it again, and are working with Nefario right now to find out what went on.

We were running a redundant sell to make sure it all happened on time this week after last week's problem  (me in New Zealand and Burt in the USA).  We are going to honour all the sales that went through and we're not quite sure how many that is at the moment.