I think the simplest way this could be done is just by tying them to the dollar. Otherwise fixed BTC salaries I think are wayyy down the line.

+1

Wow, they are very similar posts. But you went in to much greater detail than I did. I learned Silk Road and Gambling are the two major forms of BTC commerce though:)

No,  I didn't see it. I rarely venture to the "Economics" threads on here. I woulldn't say either of us got flamed. Yes, people like to be critical more than they do engage in regular debate/conversation. But I am happy with the above reply I got. Its not necessarily a new idea to me-it just reinforces the fact that a modest policy in regards to most things is best, because it is hard to speculate on what the future holds.

Labias

I realize supply is the same regardless of Butterfly labs. But how will they affect the number of bitcoins in circulation at any given point-say in the near future? Basically my question is as easy is this: The value of bitcoins is relatively linear with time. Will this continue at about the same constant rate?

Do you have numbers for me?

I'm sure everyone knows what I'm referring to when I say the "recent surge" in Bitcoin prices, although now they have somewhat leveled out. A couple weeks ago they were about $17 and like overnight they didn't drop again below $20.
My question is this: I feel like people are hoarding their BTC. I frequent the marketplace and there is no where near the type of commerce going on that there usually is-except for expensive items like ounces of gold (another testament to the recent surge). Obviously, this is a contributing factor to the surge. So what happens next? Will prices go back down? I know Butterfly Labs is sending their mining rig out soon-how drastically will that affect the supply of bitcoins? Also, is it true that there are about 6 million in circulation and 21 to ever be in circulation?
Obviously bitcoins are ultimately a deflationary currency. But will we see inflation at all in the near future, with the release of new mining rigs? My final question is a tough one that probably can't conclusively be answered now. As mentioned, bitcoins are a deflationary currency. That means I should get as many of them as I can before they are gone. But-is the bitcoin truly too big to fail? Should I spend my bitcoins now and take advantage of this surge, or continue on my pursuit to acquire and not spend as much as possible?

Up for sale is a fully functional PSP. Its the old-school version. I can even throw in some games/movies/a case for you. asking 4.3 BTC. PM me!

If anyone has any, I'm interested!

If you're making custom rounds I highly recommend buying some scrap silver. I make my own bars/ingots, too. These coins were 80% Silver, which means 20% of them is not silver. Its an alloy of copper, and possibly nickel or zinc. What's easiest and most profitable I have found is 925 silver. Jewelry is made of 925 silver (Sterling Silver), and so there are tons of lots on eBay with broken jewelry, etc. Since its higher in silver content, it melts at a more reasonable temperature. Most silver rounds though are made of .999 silver. You can buy silver shot (tiny beads of .999 silver). Although, I have made some custom bars for people (they like the hand-poured look), and believe it or not the best way to obtain your silver for that is to go to your local coin store and ask to buy just one of the junk rounds they have for sale. At my shop these are priced 75cents over spot. It may seem weird/stupid to people to melt down already minted silver, but if you have a plan for it, why not. I would much rather have a hand-poured 3oz bar than 3 crappy old silver rounds. Although, you have to realize if you do that you are holding onto silver for the longterm, for investment-because people are hesitant to buy something that a professional mint hasn't made.
Anyways, good luck in your pursuit of creating custom rounds. I'd be interested in seeing what you come up with. Last piece of advice: use PLENTY of Borax. .999 silver especially likes to remain stagnant in the crucible. Borax is like PAM for your crucible. And buy it at the grocery store (detergent aisle) and not online as a "silver flux" Good luck.

Right you are. I couldn't believe it took so long to get a response from anyone. If you can get Silver at $1/gram you're doing really well. And sorry, but someone got to me first via PM : (
I have more old Canadian/foreign coins to dig through, Ill post if I find any silver ones (likely), so look out for that!
Thanks

How much for the Glock?

Those things are expensive. Yes they are easy to use and convenient, but their cost adds up. You can buy a laminating machine for $30 on Amazon.

My bills have scratchies

Mods: Please Close
Hi,
I just stumbled upon these. I have three Canadian dimes, the latest being from 1961. If you look, they are 80% Silver and weigh 2.33 grams. So,
2.33x3=6.99x0.8=5.592 grams (rounded up
Shipping is free. I'd just like to complete this small transaction so I can make up the difference and make an even number BTC bill

Now its in the Post's Hands...God Help Us

You know, if you've sold on eBay I think I've seen your auctions. 10 x 1 gram bars going for close to $20...about 200% of spot. And yeah, people buy it. They like the idea of fractional amounts of silver...in case the world ends and all transactions will be in gold and silver lol. Like one gram of silver for a loaf of bread lol.
Did you hand-pour these? Where did you find a 1 gram mold?

Payment Sent, PMing now

That's ridiculous. What a stupid rule. Although there must be some way-if you're a big company or something, because I've bought silver on Amazon. But I've often wondered why the selection on there is so bad.