XRPs have done something similar in the recent past. XRP was once at 10,000 XRPs per 1 btc and then dropped to 140,000 XRPs per 1 btc. Now, it breached the resistance at 10,000 XRPs and no one knows how high it can go. It has been at about 7000-8000 XRPs per 1 btc for a surprising time, this suggest it can still go up some more. But once it starts dropping, it will drop back to 20,000 XRPs very fast. And probably won't stop there. At 7000 per btc the 100 billion XRPs have a value of 14,285,714 btcs. That is more than the current number of bitcoins. Therefore, the Ripple system now has more value than all Bitcoins together. True, many of the XRPs are in the deep pockets of the developers of Ripple (they told they will give away half of them, but what I see is they reducing the amount of the give away several times) and not in circulation, but they exist and must be taken in account. This suggest that XRPs are in a big bubble that will burst like all of them do.
I agree with the caveat being that all that opencoin needs to do is sign a few partnerships to use the network for int'l remittances. Or if they could do a deal like what bitinstant has with walmart and 711 then I think we would see the value increase again. Given that their growth is more "managed" growth, being an actual company, it is entirely possible that XRP could break parity with BTC which I think is something like 1 btc to 1189 XRP. Again this is assuming that they manage their business development and partnerships fruitfully. |
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søger kontakt til andre Bitcoin entreprenører I København, til at brainstorme med, dele erfaringer ol.
Seak contact with other Bitcoin entrepreneurs in Copenhagen (or the rest of the world via Skype), to do brainstorming, share experiences ect..
i'm in karlskrona but i may be in the copenhagen/malmo area in about 2 weeks send me a PM |
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I could imagine there would be maybe 5 - 25 deposits, ranging from 2.000 kr to 25.000 kr in a month.
1) it depends on how btc is seen in your country. i.e., is it a commodity or is it a currency? in the USA it's viewed as a currency and therefor anyone doing what you describe has to register as a money exchange and keep track of certain high worth transactions for money laundry reporting purposes. however, if in your country it is viewed as a commodity, then you likely need look into whether you have to charge VAT on the transaction |
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My gut is screaming bull trap
My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time. Getting mixed signals here. Once, when asked about his gut feeling, Carl Sagan said: "I'd really rather not think with my gut, my brain does the job a lot better"  Don't prodigies and athletes use the least amount of brain power? In fact high level operation has often been (curiously) linked to lower brain activity. Perhaps this has something to do with the subconscious. Anyways, I'm sticking to what I thought 10 or so days ago: downtrend. Edit: that being said... I'm getting super impatient. This pretty much sums up the market at the moment. Everyone thinks they will be able to get cheaper coins... but the longer they wait, the less likely that becomes. Once the bids exceed the all time high (not far off), I can see a massive spell of panic buying ensuing. I'm willing to buy back in at a loss, even if it makes me bleed out, it's been far too long for the case to be otherwise, however, I'm still kind of thinking that BTC is overvalued at the moment. I'm leaving emotion out of this. It seems like bulls are always the same, and while I'm not a bear I just can' see sustainable growth right now.The Venture capital, techcrunch activity and China are all massive, massive indicators on a medium/ long term... which is why I'm surprised we are not seeing more activity. Seems many are like you, not noticing how big these impacts will be. When the products/ deals/ whatever they spawn are announced (or before they are announced), make no mistake, it will be vicious and many hoping for cheap coins will be left on the sidelines. As you said those are all medium to long term plays, which means little incremental ups over a long extended period of time as milestones are met. Contrast that to Cyprus which was very short term, in your face, get your f--kin money out NOW! As that new flow came in, more people jumped on the band wagon. See the difference? Cyprus thing is a joke. That was just speculative mania. I will ask you something: have you invested significant money in Bitcoin? If the answer is yes, how long did it take from the first moment you heard about it? Again: entering into Bitcoin is a lengthy process - first you have to understand, not only what is Bitcoin but also how to keep your bitcoins safe. Then you have to find out how to buy them, and then you slowly start pouring money, just a little a the beginning. That's everybody's process. When it will come the day that the average citizen will have the understanding and the means to quickly throw a lot of fiat into Bitcoin after the kind of news we had in March, then.... Well, you cannot imagine the kind of huge motherfucking bubbles we are going to see. I am only stating through those examples that you ought not be surprised that news has little significant immediate impact and that it correlates with insignificant up or down swings in the price of BTC since as you point out it is long term. People will not learn this stuff over night. As for me I have not put 1 red cent into bitcoin. Only sweat and brain power. And it has treated me well.  |
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has anyone experience with this?
if so which system did you integrate with? or did you build one from scratch
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A few instances of 1Gb and 2Gb of what? Ram? CPU? Or Outbound traffic? Im pretty sure ToggleBox accepts BTC payments  EDIT: If you want 2Gb of disk space what OS do u need? I dont think its enough disk space, if 2gb ram or cpu, im sure ToggleBox caters to that thanks will check them out |
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Hi, We accept Bitcoins and have the perfect package  2 GB RAM 20 GB HDD 300 GB Bandwidth per month For $7/month (Payable in Bitcoins, $7 is converted to Bitcoin value at the time of checkout using BitPay) Order Link : https://crowncloud.net/clients/cart.php?a=add&pid=64PM me if you need any changes to the plan Perfect. Only a few questions. 1) do you offer any kind of automated back up? 2) can you change the HDD to 40 GB 3) can I resize (ram, hdd) this later on without having to migrate everything? 4) where is the data center located? |
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hi there
regarding your affiliate program have you found an opensource affiliate system that can handle coin addresses? or did you have to build something from scratch?
thanks!
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hit there
regarding your affiliate program have you found an opensource affiliate system that can handle coin addresses? or did you have to build something from scratch?
thanks!
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My gut is screaming bull trap
My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time. Getting mixed signals here. Once, when asked about his gut feeling, Carl Sagan said: "I'd really rather not think with my gut, my brain does the job a lot better" Don't prodigies and athletes use the least amount of brain power? In fact high level operation has often been (curiously) linked to lower brain activity. Perhaps this has something to do with the subconscious. Anyways, I'm sticking to what I thought 10 or so days ago: downtrend. Edit: that being said... I'm getting super impatient. This pretty much sums up the market at the moment. Everyone thinks they will be able to get cheaper coins... but the longer they wait, the less likely that becomes. Once the bids exceed the all time high (not far off), I can see a massive spell of panic buying ensuing. I'm willing to buy back in at a loss, even if it makes me bleed out, it's been far too long for the case to be otherwise, however, I'm still kind of thinking that BTC is overvalued at the moment. I'm leaving emotion out of this. It seems like bulls are always the same, and while I'm not a bear I just can' see sustainable growth right now.The Venture capital, techcrunch activity and China are all massive, massive indicators on a medium/ long term... which is why I'm surprised we are not seeing more activity. Seems many are like you, not noticing how big these impacts will be. When the products/ deals/ whatever they spawn are announced (or before they are announced), make no mistake, it will be vicious and many hoping for cheap coins will be left on the sidelines. As you said those are all medium to long term plays, which means little incremental ups over a long extended period of time as milestones are met. Contrast that to Cyprus which was very short term, in your face, get your f--kin money out NOW! As that new flow came in, more people jumped on the band wagon. See the difference? |
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Anyone have any recommendations? I am currently using Mosso / Rackspace, I just want to be able to create a few instances of 1 to 2 gb each. I need the service to provide automated provisioning of OS and also daily/weekly back ups. If you know the rate for a 2 GB instance off hand please note that. thanks! |
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ok well... I am in the EU at the moment and quality stuff here is nearly impossible. plus the prices here are ridiculous.
last time I asked a family member to ship me 3 6950's. and i really don't want to hassle them constantly plus the shipping cost was about $150+ on a business account... of course one option for me is to fly to FL or SF and pick up h/w there but I cannot go until June.
So I thought is it possible to get anything in Russia? I can barely speak in Russian so me trying to search the web would take a while. Anyone know if there is a PC h/w superstore type deal in St Petersburg?
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hmm ok thanks!
well i'm going to order some 1x risers and see how that turns out
right now i have all 3 cards working and the only issue is that the heat on the first card is a bit high but i was about to lower it by 10 to 70 by putting the fan from the PSU in a position where it blows between the 1st and 2nd card
i have not built a rack for this yet, but i would like to see if i can squeeze in a 4th 6950, though i would need to upgrade the 850w psu
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Hi all ! I am a new member here, and want to start selling bitcoins for cash in Copenhagen. Now I have been wondering about a few questions along the way, as the bitcoin is strong on anonymity, it would be something my customers surely would hope to get when buying for cash... Is it a law that I will have to write down identification for each individual who wants to buy bitcoins ? like someone wants to buy for 20.000 kroner bitcoins will I have to write down who that person is ? i think the answer is it depends on the situation. if a friend of mine wanted 1 btc and gave me $100, which I spend buying beers that night... no one is going to care about this. if you have a place of business and everyday hundreds of people come in to buy something (perhaps 1 btc) then the gov't starts to care. |
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just out of curiosity what sort of hashing power does that put out?
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I'm currently at BTH in Karlskrona.
Looking to meet up with others.
I'm looking to participate on business opportunities and also run a local hackathon where I hope to see some ideas that touch on bitcoin and ripple come out in future sessions.
thanks
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7Vrv8yeYEQAJ7rkbYDEa88z3HjPn2GfMj9 btw my client is not able to connect to the junkcoin network... must be the piece of junk 7 y/o laptop i installed the client on |
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I'm glad I am not on first page, and so do not face the moral dilemma of possibly taking 500$ to advertise something I strongly disagree with  I totally would take that, and then go back to the guys at OpenCoin and tell them that I am willing to take $500 from them to take it down  that 2nd part needs to be phrased correctly so that it does not qualify as extortion... lol |
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opencoin the company who started ripple is now funded my Marc Andreessen.
you know the dude behind mosaic and netscape, who came up with cloud computing back in 2000....
sure he wants to make money for his VC fund, but he has a much bigger reputation to uphold than anyone else on this thread, and not invest into something that's going to make him look like a douche bag.
just some perspective ... and do some research...
ps - why would anyone offer that much cash unless you were b/s'ing people for personal gain, sorry but if you want to be altruistic give that 5 BTC to the Red Cross or whatever...
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I don't know but in the past week ripple outperformed BTC/LTC/ all Alts by far. Whats going on? any reason for the rise? is this the time to get on the XRP train?
Ripple is a MASSIVE scam. A group of members here are 'driving' prices by trading with each other. It's not even a 'coin' it's just a scammy startup trying to profit off the Crypto Coin trend. I wouldn't touch Ripple with a 20 foot pole! Sorry but they are funded my Marc Andreessen (Uh you know who he is right?!?), I think I will take his team's due diligence over what some internet trolls say... |
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