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The general attraction to over consumption - of food, of things, of self celebration, of media, of entertainment that contains zero value or relevance in the world (like most reality television).
The over consumption is nauseating to watch.
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I wouldn't characterize it as bold or a sign of increased strength. ISIS has had rocket launchers for a long time. And their goal is to take over the "infidels", which is the rest of the world! Eventually they were going to actively attack a government military. This may be the beginning of the end. Any of the major military forces in the world could demolish ISIS in very quick time, it's just a matter of not starting that war until ISIS comes knocking on the door, causing havoc, such that there's no choice but to defend he world against their barbaric ideology.
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Great stuff for fighting and curing these diseases that currently have no cure. But reading these articles, I can't help but feel like it's the start of a comic book story - "With the best of intentions this Dr. produced artificial sperm. All was well until one night when the sperm turned against him...."
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Yes.
To the newb OP, 1) you should have asked one of us to put up a poll for you, 2) there are polls like this that go beyond "yes" or "no" that you could have searched for, and 3) you should have put this in the beginner section (because it's probably a better topic for that group of members).
Can you please provide us a tally of all the votes so we know if more people do or do not have one bitcoin? Thanks. (if you can't do that this thread topic is useless)
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What fees? With their recent partnership with Bit-x I bet you'll begin seeing these in the whole of North America. Do you have one yet? What's your experience so far? https://www.ccedk.com/nanocard |
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You aren't really analyzing the community through price, you're using price as a way to bookend or punctuate different periods of time that you want to put under the microscope to analyze.
Price does drive behavior, the concept of supply and demand prove this. Price can create a herd mentality, but so can press, so can world events, so can economic events...where price isn't a driver of the herd's direction but a symptom or outcome from it.
What's your point? What's your hypothesis and what's your support to prove it?
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Here's some detail on how USA States treat bitcoin - most have no official opinion, NC has added legislation making it more difficult for transmitters (i.e., "banks") of the currency to do business, but this doesn't (at this point) affect owners of the currency. http://www.wtvm.com/story/29149594/north-carolina-considers-law-regulating-virtual-currenciesAdditionally, I believe the IRS is writing guidelines on how to report bitcoin gains on tax filings, treating it as an asset. Get involved, we could use some one new owning some bitcoin! |
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I can get a 10btc gold B locally
except it will cost a premium (without me making anything)
I will however still help get it if you need, think he wants 21BTC
Cheers
2.1x face is in line with valuations for (if not better than) BTC1 coins...and the BTC10 coin is significantly more rare. Is the coin all silver or silver with gold? |
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Oh boy, building a war chest...if only the spotcoins list, the Casascius Coin Analzyer, or Eliot's crypto coin book named owners for these Casascius crown jewels! Although if you knew who to ask you wouldn't have nearly as much fun hunting them all down. When you get your hands on these items will you allow the rest of us to come view them at your virtual Casascius museum?!
Good luck with the hunt!
(Sorry I can't personally play the 'i-have-one-what's-it-worth-to-you-game'...)
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http://www.coindesk.com/european-court-of-justice-official-proposes-bitcoin-vat-exemption/Bitcoin operations should be exempt from Value Added Tax (VAT), the Advocate General of the European Court of Justice said in an opinion document published today. Citing existing exemptions for currency and money transactions in Europe’s VAT Directive, Attorney General Juliane Kokott urged the court to opt against applying a tax to bitcoin purchases and sales. She further argued that bitcoin, while not legal tender, is still a form of money. ...not only is the court declaring that bitcoin transactions should be exempt from VAT, they are declaring that bitcoin is a form of money. Maybe I'm stuck in 2014, but it is it still big news that a government or court system acknowledges bitcoin as currency? I think so. This is big news!
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http://www.coindesk.com/police-arrest-20-in-digital-currency-pyramid-scheme/Spanish police have arrested 20 individuals in connection with a pyramid scheme that used a fake digital currency called the unete to attract unwitting investors. The Spanish National Police Corp announced the arrests on 16th July, which took place in Madrid and other parts of the country. Police estimate that the scheme resulted in as much as €50m in losses, ensnaring roughly 50,000 victims worldwide – with 6,000 in Spain alone. Spanish police seized over €5m and approximately $22m from related bank accounts. Two luxury cars and 18 computers were also taken into custody. According to police, the investigation into the scheme was sparked a year and a half ago after a former employee approached law enforcement officials. ...there have been so many pyramid schemes on this forum that it's refreshing to see some sort of legal and judicial action taken against someone who was producing a pyramid scheme. I realize this article IS NOT about anything that happened on this forum - which is a great thing - but it's easy for a newbie hear to buy some bitcoin and then get taken for a ride on one of the pyramid schemes advertised and end up with nothing.
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What's the conclusion you're trying to make here? Is it that the distribution isn't that bad (only 45 ppl with at the highest level)? Is it that bitcoin has wealth distribution inequality?
Wealth distribution will always exist unless a government forces those with more to give to those with less until all people are equal. Is this your point?
Wealth inequality isn't a bad thing, it's what motivates people to work, it's what motivates people to compete, it's what motivates people to innovate, and it's what motivates people to give. Isn't it better that these things occur at each person's will, rather than by force?
i'm not aware of poor people that have done something significant and tangible in this era, inequality is good if the difference is negligeable and the poorer is not so poor but when you get a big discrepancy among many people and only few of them are wealthy enough and the others are like houseless, you have not a good scenario at all Certainly a valid point. The range of the inequality, how far between wealthiest and the poorest can be debated. And the propensity for the bell curve to be reversed where we have a high proportion at the low end of wealth and a high proportion at the high end is probably a better measure of how acceptable or unacceptable the inequality is...but the comfort to that spread will always be up for debate. To your first comment, there's a lot of poor people that have done something tangible, something significant in this era. There are a lot of "rags to riches" stories. In a capitalist society the reward for doing something tangible or significant is wealth (in most cases...e.g., a social worker does great things but doesn't get paid much, so do many other fields). You can look a wealthy man today and find out where they started from and could find that they came from a very poor background with limited options and were able to work their way out of it. And one thing that poor people could do that would be incredibly tangible would be to continue to share the inequality they feel in wealth distribution and how the options available to them may be unfair or out of reach. |
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Also, part of it is that many more different people are grading higher and higher volumes of coins. Only a few folks previously sent to ANACS. More recently a lot of people are doing it, and seeing peoples success, even more are doing it (yes Nubbins, may not be accidental). With higher volumes, you would expect seeing more at the higher end ... but proportionately it would be the same .... if everything else was consistent
My current theory is that as people receive coins that get a high grade back from ANACS they are going to be more likely to be willing to sell it due to the high premium associated with the high grades, then they would with a lower grade, even if they want the coin to be part of their collection. I am just throwing numbers out there, however it would be possible that 100% of MS68 casascius coins get put up for sale right away, while only 40% of MS67s will be put up for sale, and maybe 30% of MS66 or lower. It is also possible that someone who receives a lower grade might intend to sell their coin only when there are no other similarly graded coins out there for sale. If ANACS had an increase of 500% in the number of coins being sent to them over a certain time then you would expect a 500% increase in the number of MS68 coins being put up for sale, but maybe not for the number of MS67 coins. If ANACS is giving out grades that it shouldn't be giving out (temporarily), then any potential buyer can be rest assured that they will be protected because ANACS guarantees the grade of the coins they grade, and will buy the coin back from you in the event that they are incorrect (and/or will pay you the difference in value of what grade the coin should have actually received). How they value these coins, I am unsure, and it would be an even larger gray area considering that these physical coins are almost always priced in terms of bitcoin. I do personally think this is a very nice coin, and although I am no expert, I would certainly agree that it is deserving a MS68 grade! The problem with "throwing numbers out there" is that they aren't rooted in fact. In statistical terms the bell curve represents the fact that most things being evaluated (across the same categories of evaluation) will be similar with little or moderate variability. Then there will be a significantly smaller number of outliers with high variability from the mean (on both ends of the spectrum). If ANACS increases the population of coins being graded, it's logical to assume that it would not result in more higher grades to be assessed beyond the natural distribution. And, with out providing actual fact but thinking about theory it's realistic to assume that if more of a good thing is available the price for that good thing will come down. In your example if more MS68 graded coins are available they will not all command a higher price. I think you should play up your hunch that you have the only or one of two MS68 tenth coins rather than try to convince prospective buyers that there are a lot of MS68 quality coins in existence, they just haven't been graded yet - hell, I may have one! |
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What's the conclusion you're trying to make here? Is it that the distribution isn't that bad (only 45 ppl with at the highest level)? Is it that bitcoin has wealth distribution inequality?
Wealth distribution will always exist unless a government forces those with more to give to those with less until all people are equal. Is this your point?
Wealth inequality isn't a bad thing, it's what motivates people to work, it's what motivates people to compete, it's what motivates people to innovate, and it's what motivates people to give. Isn't it better that these things occur at each person's will, rather than by force?
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This forum doesn't rule over Bitcoin, it's just a place to talk about it. You can lend bitcoin to anyone who's willing to borrow it from you...you don't need some rank to prove your worth, just a bitcoin balance!
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This guy is a business man and a deal maker, no need to potentially offend the BSDs that started a competing crypto currency by making an early claim that Bitcoin will reign supreme for eternity. He gets to keep his options and relationships open by adding the words "it can be".
Smart guy.
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Ah, this is OK. Try not to take offense. They don't mean that Bitcoin must go away, they're just only interested in the blockchain technology for their endeavor.
Think about it. You have some business, you realize that blockchain technology can increase processing time, confidence in accuracy of transactions or processing, reduce risk, save you money, earn you money and you think "Yes, this blockchain technology is GREAT!" That's not a knock to Bitcoin, it's praise of Bitcoin.
There's all sorts of ways to apply this great new technology to the business world and Bitcoin will always be the project that started it.
Bitcoin will also (hopefully) remain as an alternative currency, and that'll will be determined by a community of people using Bitcoin and governments deciding not to outlaw it.
This further legitimizes Bitcoin - it's not some "internet video game currency", it's sophisticated, useful, and backed by something that is really, really ingenious.
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That's kind of an ironic way to display the protest, no?
The beautiful thing (aside from all the nakedness) is that a protest like this - something peaceful - will be fully respected by the US President. There won't be a foul word mentioned about the protest. People can and should be able to believe what they want to believe and speak how they want to speak without fear of persecution.
Now, if only acts like this could focus on protesting that violence from Boko Hiram rather than a foreign President's view on marriage, the world would be a much safer place.
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