Quickseller, I think the opposite is true in the numismatic world. NGC and PSGS are ranked really highly while ANACS and others are ranked as average. See this survey -> http://www.bestcoin.com/Rating-Coin-Grading-Services.htm

The real question is which of these accept bitcoin for grading. I've only seen ANACS slabs. Maybe I'll send a note to NGC and see what they're willing to do.

Are any coin grading firms beyond ANACS accepting these coins?

The OP makes a really good point that there's a distinction between what he/she is reading and what the definitions are. ROI is a % of monetary return over investment. The time it takes achieve a target ROI or the time period that one's stated ROI covers is a very different thing. Someone else mentioned the fluctuating price of bitcoin, this puts even more variability around payback period, which supports the need to refer to ROI in the correct financial context.

Everyone is seeing this as an "end of the world" scenario - doesn't anyone see this as a buying opportunity? The China consumers aren't going to disappear...they're going to need to buy stuff tomorrow, most (if not all) Chinese companies will be there tomorrow to seel that stuff to them.

More like you're reading the past of the American stock market - 1987 bond market crash, 2000 tech market crash, 2008 credit crisis crash. China's never really had a crash...it was bound to happen some time. It's good that it's happening now.

Don't be sore, buy some more!

It's too soon to see real effects yet. SF has only had higher minimum wages for about year, right? How are things going with the Seattle/Washington State market?

I can't say i like the news source but the approach by Iceland seems very appropriate. There needs to be negative consequences to risky action - in anything. If there is no negative consequence people won't learn from their behavior or be convinced not to take such risk action so easily.

We need fewer exceptions from our leaders, staying firm to the belief system when the decisions are tough are what define a leader from everyone else.

http://recode.net/2015/03/13/exclusive-ibm-looking-at-adopting-bitcoin-technology-for-major-currencies/

I just read that IBM is developing blockchain-similar/copied technology and working with the US Federal Reserve banks to organize a centralized version of bitcoin. Have you all read this yet? Sorry if I'm rehashing old news - the article is dated end of May but I don't recall a discussion here.

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International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the “blockchain,” to create a digital cash and payment system for major currencies, according to a person familiar with the matter.

The objective is to allow people to transfer cash or make payments instantaneously using this technology without a bank or clearing party involved, saving on transaction costs, the person said. The transactions would be in an open ledger of a specific country’s currency such as the dollar or euro, said the source, who declined to be identified because of a lack of authorization to discuss the project in public.

The blockchain — a ledger, or list, of all of a digital currency’s transactions — is viewed as bitcoin’s main technological innovation, allowing users to make payments anonymously, instantly, and without government regulation.

Rather than stored on a separate server and controlled by an individual, company, or bank, the ledger is open and accessible to all participants in the bitcoin network.

The proposed digital currency system would work in a similar way.

“When somebody wants to transact in the system, instead of you trying to acquire a bitcoin, you simply say, here are some U.S. dollars,” the source said. “It’s sort of a bitcoin but without the bitcoin.”

I see you're side of it, but downside protection is good for anyone involved not just the pigs, as the saying goes "bears make money, bulls make money, pigs get slaughtered..."

If you're in it you get the downside protection too!

Hey Camolist, two questions:

1) Do you have a preferred escrow provider?

2) You're selling these at your cost?

Thanks.

Blazed, are you liquidating your whole lot?

Panthers,

Thanks for the pics. I'll take the coin 12CAHKaZ for BTC0.75.

The US has the cheapest if one has solar on a sunny day...you can put electricity onto the grid and the power and utilities company has to pay YOU for the electricity you generate from your solar panels. I'm sure the same is possible in other countries.

Actually it probably is a technical issue. The NYSE already has a process called "the curbs" that halt trading if the market falls more than 5% (could be less). It's meant to prevent a crash like what happened in 1929, so the market cannot just fall to zero or lose significant value (broadly) in a single day. The curbs were in the day of 9/11 for example and other dates that have caused negative turmoil to the markets.

I doubt they'd create some fake issue when they already have a regular process in place to address these issues.

I want to join your signature campaign, hahaha. Sorry for the hijack post, couldn't help passing this up.

The goal is to get strangers into Bitcoin. No one that's currently outside the community knows what Litecoin or Dogecoin are!? Although watching that little Doge dog run next to the riders would be kind of funny.

Dogecoin has NASCAR anyway, which is kind of a joke so it works. Bitcoin is for real...as real as the challenge that is a 21 day bike race around France through the Pyrenees and the Alps.

SO why do some of you folks (including the OP) refer to it as a war?

http://www.coindesk.com/forget-gold-bitcoin-is-backed-by-time/

This is really neat, Milton Friedman once theorized a currency that would be regulated by computers using known macroeconomic factors...Bitcoin is nearly that system! This provides even more credibility to the currency system and its staying power. It also provides a strong advocate for traditional economists and bankers to rely on as "confidence" that Bitcoin isn't just a techie innovation.

I wonder if she ever put the number on the do not call registry, I do that and the people never call back. These cable companies are the worst, they're just a utility yet they act like a media company, entitled to do whatever they want. DirecTV and Comcast are bad too. They lie, lie, lie until someone calls them out. I had to threaten a class action lawsuit for some BS DirecTV was pulling on me, as soon as I said the words "class action lawsuit" they let me out of my contract without any additional hassle or fee - as they should have to begin with.

Cut the cable and go a la carte with Netflix, Hulu, Apple TV, etc!

Hey Wilikon, unless we can't access the article via the link unless we have a paid subscription to Financial Times.

I wonder if the 8,000 euro cap is by account or by citizen? If people spread their money out over multiple accounts - say 50,000 euro in 5 different accounts, do they get the benefit of the 8,000 "free" from each account, resulting in paying 30% of 210,000 rather than 30% of 242,000.

To get out of this mess Greece citizens need to be expected to pay for what they haven't paid for yet. And the Gov needs to stop the f*cking spending!