How does switching to mBTC provide any more stability whatsoever, all your doing is shifting the decimal places for a psychological effect? In reality your not going to have much of an effect, Bitcoin's value is based on a perception combined with the usual market forces of supply and demand. 

If your still looking for a buyer PM me, I'm more than happy to go first to buy BTC0.02 via PP and for the current going Bitstamp price.

Looks OK, gonna tail it as a small play for the night. Hopefully tomorrow is a better day for me seeing as I missed most of my NHL picks...

Honestly, I think we'll see it get to as low as $500 USD sheerly because of the psychological factor of a nice number (just as we started hitting walls at around ~$100 and ~$1000). As to how long it stays there, and whether it returns to peak levels that is really anyone's guess.

Yeah, depending on what you consider to be large, I would keep that amount safely away in an encrypted cold storage so that you don't run the risk of losing your coins. Online wallets in general aren't particularly safe and there always seem to be some security hole or "hack" that leads to a loss of coins. I would really only use it for making small online transactions and that's about it.

I believe he is referring to these guys: http://en.wikipedia.org/wiki/Winklevoss_twins. They are known to have splurged quite a lot on buying some BTC back when it was at around the ~$100 mark I think from memory, although you may want to check some older news articles for the exact time and figures. I'm not sure if their intention is to cash out big or wait for the time being hoping for widespread adoption..

Nilashoc

Thanks for the daily again!

I started about three years back, in about two weeks it'll be my third anniversary since taking the plunge and joining the Bitcoin community. As a whole it has been a rather interesting experience, with a lot of ups and downs and in particular wisdom gained about humanity (which has in turn led to cynicism). Hope the next three years will be a little better!

If you guys want to keep proper records I would honestly suggest that you set up a units system to keep track of how many units your up/down? As a side note do you suggest to bettors that they should flat bet each game or have differing wager sizes?

No problemo. Just wishing this would attract a bit more attention/contribution, it's a fun project that doesn't cost much (aside from like 10c in tx fees) but yeah. Guess it's probably going to end with the whole year finishing rather than reaching 10K posts seeing as there is basically no activity.

Nilashoc

Thanks for the daily.

Honestly, in your case I wouldn't bother with mining BTCs anymore with GPUs as ASICs are supremely more efficient and you are basically going to earn nothing and never achieve anywhere close to ROI. My suggestion would be to use your GPUs to mine LTC and trade those for BTC as at least with LTC your mining is going to at least earn you something. As far as profitability goes, it's really dependent on the cost of your gear, the cost of cooling and electricity in your area, so make sure you factor those in when running your calcs.

Thanks for this change, I was always wondering whether you were going to adjust the min bet seeing as BTC has been steadily going up. Well at least it'll make it easier for me to manage my units now.

Nilashoc

Thanks for the daily!

Escrow basically works like this: you don't trust the person you're trading with enough to outright trade with them so both instead trust a third-party. One party stores whatever their trading (in this case BTC) with the third-party while the other party sends their good/service/money etc. From here, if both sides agree then the BTC is released from the third-party to the party meant to receive. However, if there is a dispute then arbitration occurs with the third-party deciding who is correct and who should receive the BTC.

Honestly, these two lines would deter any sane person from trading with you. You don't have any rep/trust on this forum, your dealing with a "large" sum ~ $600 and you're expecting the buyer to send you first without any way to actually guarantee you will actually send the BTC. I suggest you look into these issues if you sincerely are looking to trade as these are probably the major barriers that will deter people from trading with you.

If I may ask, what exactly causes you guys to have delays with posting some NFL moneylines (e.g Baltimore vs Minnesota) as there are some fiat sportsbooks with lines out already and it's kinda hampering me from locking in a parlay I would like to make with the current odds. It's rather disappointing to know what I want to play on, but unable to get in on specific odds because I'm waiting for another leg of the parlay to be posted.

For the goodness of your heart, integrity and honesty... Ah hell, who am I kidding?

On a serious note, I don't get why people still try this stuff, don't they realise that this board has wisened up. I mean it's unfortunate for the 1% of legitimate people who actually need a loan without collateral but it's come to the stage where the best solution is just not to loan without collateral.

I'd be careful with what you listen to as far as buying and trading goes as BTC is extremely volatile (which can make for great profits but also losses), so honestly I advise you to get as much knowledge as possible but don't let the opinions of others cloud your judgement. Don't get into something you don't understand as it really isn't going to end well. Aside from that I wish you good luck and hope your enjoy your time here!

There isn't really any point in picking up some random new alt coin considering the fact their going to be worth next to nothing and it's really not worth your time to try and even mine for them, despite it seeming worth it. If you want a currency that has value stick to fiat/BTC/LTC to make transactions in, if your looking to mine stick to BTC/LTC and yeah. No real point in trying to use an alt coin that can't be used as a form of payment and has no perceived value.