Good work guys. So much potential here..
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That very much depends on what you think btc will be worth in the future, and if you're willing to hold on to it for that long. Try putting in $30 as the value of btc, and redo your calculation..
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I read the website... couldn't quite figure out where the timekoins come from, or what gives them value. Anyone?
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Is it possible with the bitcoin protocol, to transfer some money (for a hotdog) from wallet A to wallet B, then spend the money from (throwaway) wallet B in the same block? Or must the first transaction A->B be on the blockchain first? If possible, one could give the merchant the keys for wallet B together with a signed transaction A->B. Having to wait ten minutes or more in the shop might be a dealbreaker though.
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Interested. Daily dividends makes for a more stable price.
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Interesting. Doesn't look like they accept bank transfers though, you can only buy bitcoins with okpay. Whatever that is... Are you mining?
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Do you have places selling liberty reserve and the like? There's a dozen in Malaysia. If they're legal, this should be legal. Of course, you should always include a lawyer if setting up a site that handles other people's money.
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Not involved, but I bought there until they had zero bitcoins left... Expensive service though. And they don't buy coins yet. Would like to see a proper exchange around here. Maybe I'll set one up...
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Turns out that in some browsers, the motion was hidden beneath the menubar. I was able to vote now. (I think - clicking again lets me vote again.... hmmm)
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What is the effect on the price, that is it almost instant to transfer bitcoin to mtgox, while putting dollars in takes days? Does this cause some downward pressure? And is such an effect more noticeable when the market is moving fast?
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I can't see the motion on GLBSE. Not by clicking motions in the menu, or clicking "Old motions" on the BMF page?
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If you want to appeal to miners, many of whom are not traders, and many of whom are not native English speakers, you might want to start by explaining the terminology. What is a call, what is covered,what does "in the money" mean, etc.
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Everyone assumes there's a risk of default because of paying out 7%. If the deposits are 10000 bitcoins, then that would be only 700 bitcoins. There are plenty who make a lot more than that pr week. People speak of how much it is pr year, compounded - but that's assuming that he takes on deposits all the time. Even if he does increase his operation, it might be by less or more than these 7%, so there's no backing for such an argument, unless you know the numbers involved.
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Good to hear. Keep up the good work!
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What does that mean exactly? Will your dividends per share stay the same? Have you expanded your hardware?
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This could become an annoying issue. There's no workaround either.
There's almost certainly a workaround. PM me if you want me to look at the relevant code.
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Also, do you know where to buy mining hardware around here?
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Interesting. Was wondering if it could be profitable to mine here - how are your power costs? Since there is not much BTC available here, you might be able to get slightly more for your bitcoin here. I'm certainly interested.
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In open transactions you don't need to trust the server, and in fact you can have many servers, making it p2p in a fashion. You DO need to trust the issuer of the bond/share, but that is of course a fact no matter how you do it. So although the ppl behind "company" or project or whatever you invest in might still take the money and run, or default or go bankrupt or just stop doing business - the exchange or server won't be able to, as they can't change a users balance with OT.
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