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1  Economy / Collectibles / Re: [Ended] Casascius 2011 Brass Error Coin loaded 1 BTC [EU] on: December 16, 2016, 10:59:21 PM
I pm'd Blaater that I would prove in PM to the other highest bidder that durchbruchander is my alt account I made bacause of privacy concerns.

But as you can see in the Blaater's other thread for the 0,5 BTC coin I already switched accounts.
I did not want Blaater's auction to suffer from people dropping out because the believed durchbruchander to be his sock puppet account.

Then I fucked up commenting in the wrong thread.
So that's all guys.

well I will make a thread and you can prove your not linked with Blaater there if you want to, truth will out

very funny.
2  Economy / Collectibles / Re: [Ended] Casascius 2011 Brass Error Coin loaded 1 BTC [EU] on: December 16, 2016, 10:53:55 PM
I pm'd Blaater that I would prove in PM to the other highest bidder that durchbruchander is my alt account I made bacause of privacy concerns.

But as you can see in the Blaater's other thread for the 0,5 BTC coin I already switched accounts.
I did not want Blaater's auction to suffer from people dropping out because the believed durchbruchander to be his sock puppet account.

Then I fucked up commenting in the wrong thread.
So that's all guys.
3  Economy / Collectibles / Re: [Ended] Casascius 2011 Brass Error Coin loaded 1 BTC [EU] on: December 16, 2016, 10:23:34 PM
Thanks!

I really wanted that coin so bad Smiley
Thank you Blaater for being professional about my bids.
4  Economy / Collectibles / Re: [AUCTION End Today] Casascius 2013 Brass loaded 0.5 BTC [EU] on: December 16, 2016, 10:15:25 PM
0.8
5  Economy / Collectibles / Re: [AUCTION End Today] Casascius 2013 Brass loaded 0.5 BTC [EU] on: December 16, 2016, 10:12:48 PM
0.7
6  Economy / Digital goods / Re: [WTB] Spotify 3 month premium for Germany with bitcoin with 0.14 [btc] on: May 07, 2015, 12:11:44 PM
Thanks all, I got what I needed.
https://bitcointalk.org/index.php?topic=1047234.0
7  Economy / Digital goods / Re: [WTB] Spotify 3 month premium for Germany with bitcoin with 0.14 [btc] on: May 04, 2015, 08:54:17 AM
You should move this thread to digital goods section, and you will find many interested people there
https://bitcointalk.org/index.php?board=93.0

Thanks, good idea.
8  Local / Suche / Suche Spotify 3 Monats Gutschein Link DEUTSCHLAND, gegen 0.14[btc] on: May 04, 2015, 08:45:42 AM
Hi,
Vielleicht kann mir jemand hier aushelfen:
https://bitcointalk.org/index.php?topic=1047226.0
Der letzte Gutschein Link den ich gekauft habe mit nicht-deutschem Zahlungsmittel hat dann in Deutschland nicht funktioniert.
Ist sehr simpel fuer jemanden in Deutschland und ein guter Deal gegen bitcoins.

Danke
raf

edit: Link aktualisiert.
9  Local / Suche / Re: Suche ~25 in BTC gegen Voucher on: May 04, 2015, 08:42:41 AM
Hi, Hab grade eine Anfrage reingestellt ob mir jemand fuer 30EUR einen Spotify Gutschein Link in Deutschland kaufen kann.
Vielleicht willst du das machen?
https://bitcointalk.org/index.php?topic=1047226.msg11279172#msg11279172
lg
raf
10  Economy / Digital goods / [WTB] Spotify 3 month premium for Germany with bitcoin with 0.14 [btc] on: May 04, 2015, 08:39:46 AM
So I need a Spotify gift link for 3 month premium member subscription for GERMANY.
Last one I bought was in the wrong country and it seems I can only buy subscriptions with a card/payment option from the country where
the gift link will be used. Stupid, I know.

So, If you can get me the gift link for GERMANY 3 months premium Spotify subscription (EUR 30,- or less with voucher codes), I pay you 0.14BTC at current btc price of 242 USD.
That's a ~12% markup for your efforts.
I prefer someone with a positive trust rating and some forum activity.

My german friend will redeem the gift link first (this can take a day or two), then I will pay you bitcoin.

Thanks for helping me out.
11  Economy / Auctions / Re: 40 ►฿ ►฿ ► AUCTION for FORTY 0.1 BTC LEALANA Brass Coins ►฿ ►฿ ► 40 on: October 21, 2014, 09:00:46 PM
0.55
12  Economy / Service Discussion / Re: Do you think there is a market for difficulty insurance? // Looking for partners on: September 10, 2014, 07:02:17 PM
Now the trouble is that if difficulty rises, it rises for everyone. That's eg similar to a situation where a house insurer has to face claims due to flood affecting all of the houses insured. Now typically this is a catastrophy, and the insurer would not be able to pay - that's why he usually is required to be insured himself (Eg in Europe the "Muenchner Rueckversicherung" insures insurance companies for this class of disaster).

You are 100% right. It would make no sense if only miner would pay into this "insurance contract". Miners can insure them selfs against rising difficulty because they suffer from it. On the other site of the contract should be people that profit from a higher difficulty. Basically this are all Bitcoinuser who do not mine for themselves because they profit from a higher security.
It could be also people how do it instead of mining. If people are at the point to decide wether to invest in mining or not the most important task is to make a educated guess about difficulty development. If they came up with a number as a prediction (like 75B at the end of the year) - they can - instead of buying a miner - just place the money in this insurance contract.

All could benefit from such a behaviour (all except asic producer) We wrote a blogpost on this topic: http://blog.fairlay.com/2014/06/7-reasons-why-you-should-predict-on-the-difficulty-instead-of-buying-an-miner/

You could also call betting on red "insurance against red coming up next".

Well, you could also call a life insurance a bet on your death. From a mathematical point of view a insurance and a bet are very similar if not even the same. It only the purpose of placing the money that makes the difference. But in our opinion it is nothing wrong with mixing this up. Be believe the best prices for bets/insurance/derivatives or whatever you call them are achieved on a free market. Some might be participating as gambler, some speculate, some invest and some could use it as a insurance.


You are right, that you only have to find people betting against a certain difficulty rise. And that would be the money for the miners in case it rises above the threshold (or variable payout). Maybe it's useful to "buy" theoretical mining contracts, say 100GH/s @ average diff increase of 20% for 6 months. You then can calculate exactly the expected BTC you could mine. Your site pays out the difference to the actual difference. Eg the difficulty rises by 25%, after one month you pay the holder of the contract an equal amount of BTC that 5% of 100GH/s for current diff would mine. If difficulty falls you draw from his margin account, if margin is 0 you end the contract. This is essentially a futures contract (which are used to insure against an uncertain future).







13  Economy / Service Discussion / Re: Do you think there is a market for difficulty insurance? // Looking for partners on: September 10, 2014, 06:03:32 PM
Now the trouble is that if difficulty rises, it rises for everyone. That's eg similar to a situation where a house insurer has to face claims due to flood affecting all of the houses insured. Now typically this is a catastrophy, and the insurer would not be able to pay - that's why he usually is required to be insured himself (Eg in Europe the "Muenchner Rueckversicherung" insures insurance companies for this class of disaster).

You are 100% right. It would make no sense if only miner would pay into this "insurance contract". Miners can insure them selfs against rising difficulty because they suffer from it. On the other site of the contract should be people that profit from a higher difficulty. Basically this are all Bitcoinuser who do not mine for themselves because they profit from a higher security.
It could be also people how do it instead of mining. If people are at the point to decide wether to invest in mining or not the most important task is to make a educated guess about difficulty development. If they came up with a number as a prediction (like 75B at the end of the year) - they can - instead of buying a miner - just place the money in this insurance contract.

All could benefit from such a behaviour (all except asic producer) We wrote a blogpost on this topic: http://blog.fairlay.com/2014/06/7-reasons-why-you-should-predict-on-the-difficulty-instead-of-buying-an-miner/

You could also call betting on red "insurance against red coming up next".
14  Economy / Service Discussion / Re: Do you think there is a market for difficulty insurance? // Looking for partners on: September 10, 2014, 05:58:08 PM
One big problem I can see is that insurance only works for the individual disaster.

An accident of some sort, with low probability but high cost. The insurance paid by everyone insured is used to cover single events like an accident and the operating costs of the insurer. That works as long as the the expected accident costs to be covered are lower than the insurance premiums paid.

Now the trouble is that if difficulty rises, it rises for everyone. That's eg similar to a situation where a house insurer has to face claims due to flood affecting all of the houses insured. Now typically this is a catastrophy, and the insurer would not be able to pay - that's why he usually is required to be insured himself (Eg in Europe the "Muenchner Rueckversicherung" insures insurance companies for this class of disaster).
That means for your business idea, that in case of a big difficulty increase you will have to payout to everyone insured, which in turn means you cannot on average payout more than what people have paid you. You can up your payout a little bit if you also allow people to be "insured" against lower difficulty increase than expected - but that only makes your shop a betting outlet, with low payout multipliers. Which is of course a problem because you will find less people to participate in your scheme.

There's a flaw on your reasoning, insurances actually have the money for catastrophes, the thing is they have "reserves" depending on different situations,
for starters it would go like this:

Insurance opens:

1-People gets the insurance
2-insurance company invest the money to win at least some interest( in a period of time) on the money that they recollected <- where is this "insurance"company invest the money?
3-Those investments have to be ready to be made liquid in case of an event.
4-Each individual will pay fees monthly and that will assure that you actually cover his lost in the future.

To avoid looses in case that btc price drop, means that the insurance company should reserve the money with a stable currency like US dollar or Europe EURO or British Pounds.

So you advise insurances to gamble with its subscribers money? Because if you don't and they just invest into traditional investment vehicles, they can probably expect 4-8% return on investment per year in dollars without exaggerated risk. But then they are exposed to a rise in price of bitcoin, which probably no one believing in the future of bitcoin is willing to take.
So that leaves investments in bitcoin projects/securities that pay out bitcoin - only those are an order of magnitude riskier, there is usually little recourse if one of them fails to pay out/back and there is almost no bitcoin venture that you can invest in that will guarantee you liquidity of your funds.

That basically means that such an insurance scheme cannot invest the received bitcoins if they are an honest company.

15  Economy / Service Discussion / Re: Do you think there is a market for difficulty insurance? // Looking for partners on: September 10, 2014, 09:25:40 AM
One big problem I can see is that insurance only works for the individual disaster.

An accident of some sort, with low probability but high cost. The insurance paid by everyone insured is used to cover single events like an accident and the operating costs of the insurer. That works as long as the the expected accident costs to be covered are lower than the insurance premiums paid.

Now the trouble is that if difficulty rises, it rises for everyone. That's eg similar to a situation where a house insurer has to face claims due to flood affecting all of the houses insured. Now typically this is a catastrophy, and the insurer would not be able to pay - that's why he usually is required to be insured himself (Eg in Europe the "Muenchner Rueckversicherung" insures insurance companies for this class of disaster).
That means for your business idea, that in case of a big difficulty increase you will have to payout to everyone insured, which in turn means you cannot on average payout more than what people have paid you. You can up your payout a little bit if you also allow people to be "insured" against lower difficulty increase than expected - but that only makes your shop a betting outlet, with low payout multipliers. Which is of course a problem because you will find less people to participate in your scheme.
16  Economy / Currency exchange / Re: [WTB] 0.08 BTC for my EUR 30.5 SKRILL on: September 09, 2014, 08:21:43 PM
All said in title. Can do this the next hour.

Rate reduced. 0.08 BTC for EUR 30.5 SKRILL
17  Economy / Currency exchange / Completed -- [WTB] 0.085 BTC for my EUR 30.5 SKRILL on: September 09, 2014, 07:49:13 PM
All said in title. Can do this the next hour.
18  Economy / Currency exchange / Re: [WTB] 20EUR skrill iT for BTC on: August 31, 2014, 09:30:52 AM
I have 15.5$ Skrill and want 0.032
let me know

You got yourself a deal. Details in pm.
19  Economy / Currency exchange / Re: [WTB] 20EUR skrill iT for BTC on: August 31, 2014, 09:30:16 AM
0.058, last offer.

Sorry then, I can't.

No hard feelings. Thanks for the offer.
20  Economy / Currency exchange / Re: [WTB] 20EUR skrill iT for BTC on: August 31, 2014, 09:24:18 AM
0.058, last offer.
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