I am selling one of these: http://www.essential-watches.com/Corum-082-161-85-OF01-ROFL-Bubble-Royal-Flush-with-Diamond-Bezel-Rose-Gold-on-Strap-17791

DISCLAIMER the watch is 100% authentic, with box, papers, black and brown strap and 18k rose gold and in very good condition.

The watch is one of my preferred from my collection because it always gets eyebrows moving.  It is a very nice piece and limited edition and no longer in production.  If you wear this to a casino it is instant eyes on you.

OK looking for a BTC offer I will ship worldwide.  We can use an agreed escrow agent.  Send me a msg.

I am selling the watch because I think BTC are probably better than the watch sitting in my safe.  I have several more watches I plan to liquidate to BTC.  I can only wear one at a time.

Hey BittBurger, I was not slamming you.  Just trying to make you aware that the main stream media will start scouring these forums looking for quotes when TPTB step up the propaganda war.  It will make good headlines, sell click through ads, etc.

It amazes me that still even using TOR and connecting to google news Bitcoin is NEVER on the front page.  You have to search for it.  There is a concerted effort to hide.  The next effort will be a full on propaganda war. 

Brainstorms are great.  But beware of the pitfalls ahead.

Well, the primary value of any currency, is in its fungibility.  In addition, the more vendors at more locations that accept a currency, the more valuable it becomes.  The more liquidity in any given currency, also limits the risk in holding that currency because liquidity provides the ability to sell or buy without the need to search for a buyer or seller.

So which is more important fungibility or liquidity?  They are both important in order to reach critical mass.  

I don't see an endless stream of crypto currencies flowing in and bubbling like tulips and then the market moving onto the next one.  The markets have a short memory, but not that short.  If BTC were to dump, there will be few, if any, followers.  If Litecoin dumps few alternatives, if any, will follow in a big ramp up then crash.

Competition in currencies is good, but like all commodities that retain fungibility and liquidity, there can be too many.  Only the strong will survive.  And it these currencies are to really compete, duplicate or in fact replace FIAT currencies, then mass adoption and consolidation will be the key to that success.  

The press will THRIVE on the pump and dump scenario of crypto currency after crypto currency rising and falling like bubbles.  Just look at this silly article from the New York Times linked here: http://dealbook.nytimes.com/2013/11/27/a-prediction-bitcoin-is-doomed-to-fail/?_r=0  

That NYTimes article is full of classic psyop FUD:

____________________________________________

AUTHOR STATEMENT: "The currency’s issuer is an unknown computer programmer"
FALSE --- The currency has no "issuer" as the currency is issued by computers connected to the internet run by volunteers (i.e.: miners) that are rewarded for their computing power to process transactions in mining proceeds of Bitcoin.  There is no central issuing entity.  There is no need and actually the system is theoretically impossible for a central control over the currency.  The author's statement here is factually, logically and literally incorrect.

AUTHOR STATEMENT: "Right now, bitcoin is tiny; at the current exaggerated exchange rate"
FALSE ---- "Exaggerated exchange rate" should be stated as "market rate", because the current rate is what the market is paying for the currency.  Just like any other floating currency.  The currency has no central price control.  All Bitcoin pricing today is set by the market, by buyers and sellers in 100% market driven exchanges.  Note that the term "Exaggerated" in the author's article is very misleading.

AUTHOR: the total projected volume of “coins” is worth less than the gross domestic product of Mongolia
FALSE ---- the existing issued volume of Bitcoins already exceeds Mongolia GDP
FALSE ---- Author refers to "projected volume".   "projected" it is defined in the Bitcoin system at 21 million coins by 2030 and then no more new coinage.  This market cap at today's market prices far exceeds Mongolia GDP.

AUTHOR: Similarly, truly private money is an inferior alternative to the money that comes with the backing of a political authority.
DEFINITION REQUIRED: What is "political authority".  I find it quite bizarre to use this term and not "the state" or "the market" but instead to choose "political authority".  How often do you read the term "political authority" when referring to any governmental state?

_____________________________________________

There is a real propaganda war about to start with Bitcoin and all crypto currencies.  Trust TPTB to step it up a notch real fast.  Comments like the original poster to this thread basically saying "fleece the Chinese again and again through issuance after issuance" will only help that propaganda effort.  

Unless you are looking to substantially move a market index, why not just do what you would do with a real world large currency trade?  That is break into smaller lots and trade over time so that you get the best pricing.

Dumping any large trade on an indexed currency or commodity has a tendency to move the market down.  That's why big firms spread these transactions over time.

You should consult a tax specialist.  In general it may be worthwhile to setup a trust or even multilayer corporation (depending upon the home value, expensive is a subjective term).  Say for instance you setup a Delaware or Las Vegas corporation that then owns a subsidiary company in BVI or Cayman Islands and that subsidiary purchases the home.  Even upon sale of the home with capital gains there will be no US taxes due.  US taxes under current law will only become due when you actually transfer dividends or proceeds from capital gains back to the Delaware company (repatriation of profits).  This is how Google, Apple, IBM, etc. all get away with not paying taxes on foreign gains legally.  Yes, this is all legal.

First a brief background.  I'm based in Asia and have built and sold several successful businesses and have been in financial service industry over the past 20 years here.  I have been watching BTC for over a year now, and believe now is the time to look at building businesses based around the bitcoin economy. 

One concept myself and some friends in the financial industry have kicked around is starting a BTC based fund.  Although we would raise capital (in USD) from our existing investor network, we are thinking of denominating the fund in BTC not USD.  The primary activities would be acquisition of cash producing assets that we could introduce payment for in BTC and convert those cash flows to BTC flows over time.   I went to my usual law firm asking how this could be structured and the best domicile for such a fund.  I am now waiting for them to come back with answers after research.

Has anyone actually structured a fund denominated in BTC?  Which domiciles are most entrepreneurs using for BTC based businesses?  Any advise would be appreciated.

99.95-99.81% pure copper ingots
FOB Peru
FOB price: 13% discount to LME, USD:BTC exchange rate
Payment Terms: BTC payment after goods inspection prior to loading

Procedure:

Seller issues soft FCO
Buyer sends LOI to seller
Seller issues official FCO to buyer
Buyer signs and returns FCO
Seller issues draft contract to buyer
Buyer signs contract sends to buyer with proof of funds (BTC Account)
Buyer or buyer’s agent inspects goods prior to loading
Buyer pays BTC to seller
Loading commences until fulfilled

Min shipment: 100MT
Monthly maximum supply: 1000MT

99.95-99.81% 纯铜锭
FOB Peru
价格: LME 8.7折 [13% discount LME], USD:BTC现行汇率
付款方式: BTC在装载前检查后

程序:

买家发出FCO
买方发出意向书卖家
卖方发出FCO到买家
买方签署并返回FCO
合同买方卖方问题草案
买方签署合同发送给买方的资金证明（BTC帐户）
买方或买方的代理人检查货物在装载前
买方支付BTC到卖家
加载中开始，直至履行完毕

最小公吨：100MT
最大公吨每月：1000MT

I'd like to understand what you mean by "dying market". 

I read the Gaurdian articles of late, and keep in mind they have been covering BTC for a long time now. But, the latest articles have typical disinformation that has the odor of the beginning of a smear campaign such as this one by "Charles Arthur, technology editor" whose writings show that he is either completely clueless to the facts or is in fact on his own smear campaign:

"First, there's nothing to keep Bitcoin liquid. It's not like pounds or dollars; it's more like gold, which all the nations abandoned as an exchange standard decades ago for the very good reason that it leads you into recessionary patterns"- this is classic, because the opposite is true the majority of central banks were net buyer of physical gold in 2012 and are now repatriating it (see here: http://www.zerohedge.com/news/2013-01-14/it-begins-bundesbank-commence-repatriating-gold-new-york-fed).  Gold is incredibly liquid and universal and is mankind's oldest currency.  Don't believe me take your 14K gold necklace to a smelter and see what they offer you in cash (whatever currency they offer).

There are going to be so many naysayers come crawling out of the woodwork both in MSM and on sockpuppets on blogs.  I think a lot of people are going to be surprised at the results which will just raise awareness and drive a percentage of the masses to at least have a toe in the water with BTC.

I'm not completely cashing out to hop in the BTC pond, but will be taking a long term position (just like GOLD and SILVER PHYSICAL, if you own an ETF or paper gold you are essentially holding FIAT gold (see here: http://www.zerohedge.com/news/2013-02-02/gold-leasing-case-disappearing-gold) which is what the paper "paper" market has been turned into.  It has more counter party risk (even between the central banks) and is destined for a crash over the next decade.  Physical, however, will skyrocket much like BTC has the potential to do. 

My two cents is that BTC will not die over the next 6 months.  I believe there will be a lot of attempts to knock it down but there will be a lot of people in there for the long haul that will hold it up.

Still don't have any BTC.  Would like to sell some jewelry and electronics I have for BTC.  Not sure the best place to post up, since BITMIT I can't seem to be able to create an account (I think they are not taking registrations or have stopped new posts).

Does anyone have another market like eBay that would be a good place to post some jewelry and electronics?

Unfortuantely I suspect the quality of that subreddit will degrade quickly do to the following reasons:

1.  Genuine disgruntled users who did not read the fine manual, get the right advise, or just followed lazy protocols in their first bitcoin dealings but ended up getting ripped off in a transaction or losing their BTC for some reason.

2.  FUD posts about illicit activity paid for with bitcoin, regulation changes, tax reporting, guilt by association, scammers, ponzi schemes you name it.  These strawman arguments will be posted by paid posters to spread the FUD. 

3.  "Experts" will come out with all sorts of claims to discredit bitcoin, like a lot of what I have been seeing in the MSM, people that have no clue about the actual architecture but have an agenda to write  about passed down from their editor.

This is going to be a crazy market for the next 6 months, and the publicity is going to be all over there place, both good and bad in extremes.

There were some MSM articles saying the DDOS was actually HTF like bots trying to trade.  Is that true does anyone have any evidence as such?

Wow this post was buried in matter of minutes!

Hello all,

First I'll give a brief background and intro.  I have been watching bitcoin for some time now, and always discounted it in the past.  I always really liked the concept and architecture, but thought it would never gain enough momentum to go even minutely main stream.  With the world's fiat currencies becoming every increasingly diluted due to now endless quantitative easing efforts, bitcoin has gained enough traction that I would like to start dipping my toes in the market.

I think the easiest way to do this is to sell some real world goods that I do not need/use/want anymore.  Some are high value (gold watches, a car, etc.) and some are smaller value (computers, electronics).   What my questions are:

1.  What are the most reputable escrow services?  I did see reference to them on some high value items and I am assuming if I am selling such an item the buyer will want a good escrow agent in the middle.  I am located in Asia.

2.  What are normal escrow fees?

3.  Is there any good alternative to Bitmit?  It looked like a great site, but seems to be closed (I found a thread about Hong Kong regulator closing them down).  Are there any other sites like that (besides Silk Road of course).

My plan is to sell these goods and get a small bitcoin account together and launch an idea I have for a bitcoin business.  I have founded several startups in the past that were very successful and see bitcoin as opening a whole new realm of opportunities online.

Anyway, appreciate the selling advice. 

Spontainer