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Since there seems to be a collectors market developing for vintage Casascius coins, I was wondering if anyone was interested in collecting bitbills. These were the original physical bitcoin. I've got two 5 BTC bills. Is there any collector interest?
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I know at least some of the Ironies are automatics. Is this one an automatic? New or used? Do you have pics?
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I suppose if people are taking collecting my coins seriously, I might as well point out that the series 1 coins were made and distributed in prefix order, with 11xxxxxx being the first, 12xxxxxxx being next, etc. The lower the number, the earlier the coin. Can you explain this further possibly? Is the prefix related to the public key? Yes. The ones pictured would be the 1Axxxxxx range. |
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Thanks to the bitcoin community we need to hire an additional 1-2 employees. The bitcoin community has CREATED jobs. How cool is that?
Very awesome! You should do a post on your blog. |
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I'll be selling two casascius coins to SgtSpike. These are the version ones with the typo on the hologram. In addition to the typo, they belong to the rare 12xxxxx series, only the second series of coins produced.
Selling price is 9 BTC total, or 4.5 BTC per coin.
I'm going to send the coins to SgtSpike first via USPS with delivery confirmation. When he receives them, he will either accept them and send me 9 BTC, or return the coins at his own expense. One of the two options must be exercised within 72 hours.
SgtSpike, if you can just quote and agree I'll ship the coins out.
I don't see anything about insurance mentioned here, but kgo also said in a PM he would send them with insurance as well. So, quoted and agreed, so long as insurance at today's valuation of 9 BTC is provided with the shipment (at least $1,284). Kgo, please confirm! Also, to be clear, these are to be unredeemed coins.  Yep. I agree on the insurance and confirm the coins are unredeemed. |
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I'll be selling two casascius coins to SgtSpike. These are the version ones with the typo on the hologram. In addition to the typo, they belong to the rare 12xxxxx series, only the second series of coins produced.
Selling price is 9 BTC total, or 4.5 BTC per coin.
I'm going to send the coins to SgtSpike first via USPS with delivery confirmation. When he receives them, he will either accept them and send me 9 BTC, or return the coins at his own expense. One of the two options must be exercised within 72 hours.
SgtSpike, if you can just quote and agree I'll ship the coins out.
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I lost all of mine on SatoshiDICE. Sorry Feds.
At least you had some fun. I lost all my bitcoins in a boating accident...  |
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This is a misunderstanding of the rules of probability. For systems like this, past results have no bearing on future results. The expected profits for April are not related to what happens in March. (With the caveat here that since this is a business things are a bit different. If we actually get a loss for the month, then that would be carried forward into April, but if it just breaks even then April is unaffected.)
To get a better grasp of this, lets assume that when you have a child you have an equal probability of having a boy or a girl. I already have two girls, what is the probability that my next child will be a boy?
Answer: The probability of having a boy is 50%, the same as it was for the first child.
Of course statistically this is known as the Gambler's Fallacy. Yes we could stay above expected profit forever since each win/loss is independent. We could also stay below the expected profit for an infinite amount of time. As a practical matter expecting a large amount of independent die roles to ultimately be closer to the expected probabilistic outcome rather than further is how all casinos generate money and long term why you can't beat the house. In the long run profit will return to the expected value based on expected probabilities. Given that and the relatively low volume, I think it's more likely that we'll draw closer to the expected profit rather than further. |
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Why is the price dropping so much? The dividend from the last two months decreased but not by that much
Because there will be no profits this month, which means no dividends. Price will probably fall below .003 where can we follow current monthly profit/loss? Dooglus usually does daily updates here: https://bitcointalk.org/index.php?topic=80312.1080Even though the month is flat, we're still above the statistically expected profit overall, so we might be in for a few more flat months. |
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I think you mean 'buy' in step three. That's the only way you can force the price up. You can only sell at higher and higher prices if there are already buyers who think the price is fair. You can't force anyone to buy.
But your plan relies on the Greater Fool Theory. There's no guarantee that people will panic and buy at the price you want when you dump your bitcoins.
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as a newbie, can u tell me what Pirates scam involved, how it worked?
He had a secret method that was guaranteed to pay out 7% a week on your investment, or 3300% a year if you reinvested dividends. |
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Syncing on the 8.X releases is much more painless than it was in the past.
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The EU forced Cyprus' hand. Why would Japan force Japan to seize bank funds so that Japan will bailout Japan?
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It is starting to look like we could got parabolic. And according to MagicalTux there are 5000 people waiting for approval so they can start buying, and MtGox only gets through 400 a day. If these people won't freak out because they weren't able to buy for a week, the price could really go parabolic.
Last bubble started at 1 and went to 32. This one started at 10.
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There was a major federal crackdown on several high profile internet gambling sites.
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...
Despite our forum clashes, I humbly and with goodwill ask: Would you mind de-listing S.DICE temporarily to encourage shareholders to put pressure on the site operators to stop taking advantage of the block chain during this critical stage of Bitcoin growth? I know this might go against your short term financial interests but really if you stop to think about it, the "startup capital" of the Bitcoin network (gmaxwell's terminology for the currently unused space in each block) is going to unproductive activity which does not grow the Bitcoin economy. Yes! Lets have all our stock exchanges unilaterally extort shareholders to force them to pursue arbitrary political agendas. Especially in cases where the shareholders have no voting rights, can't compel the corporation to do anything, and the stock price in no way affects the corporation's daily operations. What could possibly go wrong? |
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Those are damn high odds. Thanks for answering my question and for the always well-written explanations. Sent you a little something. Wish it was more. Thank you. I think I'll keep posting the graphs for free at the moment. It's not much work (for me - the laptop always complains, spinning its fan extra fast for half an hour as it loads up the blockchain) to generate the report. It takes me maybe 5 or 10 minutes each day. Did you go to 0.8.0 yet? |
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I have an opportunity to put cash to work and make a great return in a relatively quick period of time.
I believe I will be able to buy S.DICE back cheaper and save myself some money on the loan.
How do you plan to cover the dividend payments each month? What the rate you're paying people? You're going to get MURDERED, especially on the dividends, in my opinion. More importantly selling short has *unlimited* exposure. The price could go up (in theory) 2x, 4x, 10x, 100x, 1000x. Would my loan get paid back if the price doubled? |
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Working fine on a Macbook Pro OSX Snow Leopard.
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