I have a small gardening business which offers a 10% discount for paying oin bitcoin, still no one has but im sure they will sooner or later. 

That's cool, I did some research beforehand and several people came up with their own wall mount solutions for tablets such as yours. There are some universal wall mounts that look pretty hideous and decent ones that cost over $150 just for the mount, but it is hidden.

The tablet I use is made to be mounted on the wall and the power chord is behind it so you can either run power behind (in the wall) it or just paint the line like I did.

Did you get a wall mount for it?

So I'm working on this, figured I'd give folks here a first peek since you're the ones that would appreciate having something like this.



The final product will have a better price display that I'm still working on, I just grabbed a zoom in of bitcoinity for this stage of development.

Price would probably be around $125 to $150 to make a profit.

Is this something you would buy?

For the price performance so far after the hard fork, it seems there are new money coming to absorb the dump.

If the Etheruem price rises in the next few days, many people will buy it. People are chasing the profits.

I did some calculations and I didn't use the general CPI as it's too much affected by technological advance - I used "Consumer Price Index for All Urban Consumers: Fruits and vegetables" (https://fred.stlouisfed.org/series/CUSR0000SAF113), as I assume today's vegetable is pretty much the same as it was 50 years ago.

My calculations show that average inflation for past 32 years was about 15 % y/y (quite crazy, isn't it?), so in order to keep up with the inflation you must make 15 % extra y/y or your investment needs to do it. Shadowstats.com say that the inflation is between 6-10 % y/y depending on methods used (http://www.shadowstats.com/alternate_data/inflation-charts).

With above in mind I suppose for average person the y/y inflation I suppose is at least 10 %, obviously if in "your" consumer basket is way more iPhones/cars/other consumer goods per year (you're richer) your personal inflation is lower and vice versa.

Again looking at the "CPI - Fruits and vegetables (USD)" index, basically every 10-20 years you need to at least double your money to keep up with the inflation.
2016-05-01    index: $294.68
2006-05-01    index: $246.80
1996-05-01    index: $182.60
1986-05-01    index: $110.10
1976-05-01    index: $57.50
1966-05-01    index: $33
1956-05-01    index: $26.9

===>>> So if you say that 1 BTC will be 1M USD in 10-20 years you will probably buy about half of what you can buy with same amount today, in other words, 1 million USD today is same as 2 million USD in about 15 years.

These calculations assume that the trend will be about same and nothing VERY bad will happen.

I agree.  It is inevitable that 1 BTC will equal $1,000,000 by design of both systems - assuming both systems last that long.

The real questions are:

1) When will the cross over happen

2) How much will the 1 BTC or the $1,000,000 be able to buy at that point is time?  One average house? One average automobile?  A nice vacation? One bag of groceries?  Or one cup of coffee.

if bitcoin price reaches $1000 again i will surely sell something to enjoy the huge profit of 5x from my initial investment but i will never sell everything because i like having bitcoin in my wallet and being able to spend it on different stuff that i find on the internet it is so much more convenient.

This is very bad news for Europe and Britain.

Brilliant. It's amazing and proof positive in ETH how all the Ethereum community are pulling together to counte move against those that attack it. DAO is not dead yet. Tomorrow I will be buying more DAO and ETH.