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rpietila
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April 25, 2013, 06:30:52 AM
 #61

All the local people contacting me to buy bitcoins seem to think differently.  And this is rural West Virginia, where 98% of people are still stuck 30 years in the past.  MtGox isn't that important.

That's even scarier and more consistent with a bubble.

Yeah. When 0.5% of the world is in, the early adopter phase has ended, and there is a mathematical chance of it being a bubble, given that it is a technology which in all likelihood is beneficial to most, such as the Internet, email, mobile phones and Facebook.

In 1999, 0.5% of the world were Internet literate. The "new paradigm" had arrived. There was a huge bubble on valuations of the internet companies, since people were pumping the money in, ahead of the usefulness curve. A mobile operator was trading at $20,000+ per customer. It was delusional, since you cannot extract that much lifetime value out of a customer in perfect competition or even close to perfect competition. To achieve 10% APR, you would have to make $166 per month profit per customer, which you obviously don't, and never will - I am the top absolute heavy user of mobiles, and I hardly pay that much to them in revenue, corporationwide. $10-$20 revenue per month is the norm.

The bubble crashed and the technology stayed, was developed, and has calmly and bloodlessly revolutionized the world.

Bitcoin at $156 per mBTC, as there is 3mBTC per person in the world, actually more like 1mBTC, since many of the coins are yet to be generated (10MBTC), a good number is lost (~0.5MBTC), and I don't think Satoshi will spend his backbone miner position (1MBTC).

Most bitcoin holders that I know, keep, or plan to keep 80% in paper wallets (6.5MBTC out of 8MBTC). Some (1.5MBTC) play with their stash, though, but these generally lose bitcoins over time, and are replaced by others. It is a giant casino, where nearly everyone wins on fiat and loses on bitcoins, (hope thay have fun).

The active traded stock of bitcoins, 3MBTC, is in accordance with the analysis. Half of it belongs to the trading positions of the long-term holders, and they can increase their stash at several pips per hour. Bitcoin price in the last 8 days has risen 50 pips (0.5%) per hour.

The highest "tear speed", which I define as "increase in Bitcoin market cap"/"net investment demand" can be measured at about 10. Expect "bitcoin shortages" to resume, so that there is no meaningful sell side in the exchanges. "Physical"/OTC premium did skyrocket to 25% in early April, it will go back, and higher.

In my short 7 years career as a silver dealer, physical silver was maximum at about +150% compared to spot. Even now it is about 30-50% over.

I am selling Casascius at 1.50 per BTC1, 6 per BTC5, and I am planning to increase the premium. 3 weeks ago I cleared the Casascius supply of the leading Finnish merchant, because of their terms allowed me to buy the casascius' at 3% over melt, and pay with fiat at the close of the second bank day following (T+2). So, I bought like Saturday morning, paid on Tuesday evening, and made 20% in fiat/BTC rate appreciation, instead of losing the same amount by trying to make my money clear in the exchange.

This kind of madness cannot go on for much longer. The ones making money (like I have sporadically done), are making too much of it, and it is pressuring the supply side of bitcoins.

When I was mentioning the "event horizon" yesterday, it is the point of no return, and we are in it right now. NOW bitcoin is the most undervalued during its history, since the wisest brains in the world cannot think of a scenario, that it would not go to $millions in the bubble pop. Therefore they buy in, in the most epic forward escape that the world has seen so far. Since there is still a 100,000% gain available, and the risk has dropped to virtually zero, all the money in the world tries to enter into bitcoins, and the endgame can be rather quick.

Your wallet is safe. If someone understands and accepts what is written above, he can just buy bitcoins and be rich in a few weeks. If he doesn't, he is not interested or capable in stealing your wallet anyway.

I expected blood in the streets and shortages of food when the fiat economy ends. But we did not see either, when Internet, email, and Facebook proliferated. Perhaps I will still be able to buy my weekly bottle of Riesling, and even be able to choose the brand, in relative comfort, despite the fact that I own more money than I ever can realistically dole out.

I can make BTC10 or more, every phone call I take, since people want to buy bitcoins with their fiat, gold, silver, cars and whatever they have, and I can just select what I need.

You can call me if you want, my number is +358-50-3235950. You can talk to me for BTC10 per hour, prepaid. Granted, it is much fiat, but why would you care. You mined your blocks solo, and now you can talk to me 5 hours for the price of one. Realistically, if more than 3 people call me per day, I will need to increase the price due to scarcity of my time available, and the fact that I spend most of my day internet trolling anyway and don't have too much interest in making money anymore Grin

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April 25, 2013, 06:35:18 AM
 #62

The first sell of was in 2011 and teh big  one was two weeks ago so obviously we're at return to normal.
This shit is going to fall hard within the next few days. Bitcoin hangs from the thread that is mt. gox. If anything at all bad happens to them, the whole market is fucked.

SO when you are bullish you ignore this above statement you made?

Now since you sold at $135 you are bearish so you need to talk the price down to buy back in.

LOL

So many noobs around here.
When I am bullish it's because I know other people are bullish. It has nothing to do with the real valuation, just mass psychology.

Um what about your statement about gox? lol

DO you tout this when you are bullish?

I love how people on here flip flop each few days lol
Because that's what Bitcoin does too Tongue
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April 25, 2013, 06:39:01 AM
 #63

The reason I'm afraid to buy back right now and not on a dip is how overwhelmingly positive and optimistic everyone is at the moment.

Clearly this cannot be a good sign.

I've always been positive, since my first trade (BTC for Fiat) when they traded at 0.15$/BTC.. I've bought and sold a lot since then, never regrets a transaction, alway been positive..

The history tends/seems to always repeat itself..

Indeed, the rate of echange can fall, maybe in the 2 digits, but BTC are quite unusual, by it nature, nothing comares, so I've bet on the rise, and I'm just looking for more opportunity to get more involved, asap !

I actually agree with the sentiments of the more seasoned investors, traders, buyers and sellers here, but I have a problem you see.

I am poor.

Because I am new to this I've missed every dip and smart decision that would have multiplied me some hefty (at least for me) gains. I don't want to make the same mistake again so soon. So I'm just going to see how the current market trend pans out over the next week or so.

Dollar cost average.

Every pay check put $X into bitcoin.  You will buy more when it is cheaper and less when it is more expensive, giving you a good average price.  Since most fees are percentage based and not flat fees, it doesn't make a difference if X is $1000 or $5..

Thank you for the advice. That makes a lot of sense and I hadn't even considered it. In fact that is a beautiful strategy. I thank you for your insight.

Now all I need is a job! All hail America! All hail inflation and unsustainable trillions in debt that seems to be rising after some of the worst financial decisions in U.S. history created monstrous financial corporations into supreme power furthering the degradation of capitalism and death of the American dream!

Ah... I miss work.... working 7 days a week.... making less than a part time worker.... what a beautiful world.  Cheesy


Employment has been higher than average the past few years here in West Virginia and there are plenty of companies looking for workers.  Sure, you have to give up living on top of your neighbors, but there is work available in America.

I suppose. I'm actually in limbo right now and will be moving soon. I'll be able to find work where I'm going... hopefully. See, I'm not the average sap so I understand exactly why and how my country has fallen to shambles due to the perverted corruptions of humanity.

Growing up my only ambition was to make the world a better place and to help people. I'm one of "those" fools. Heh, heh....

We spend our lives chasing money in order to survive. We trade our lifespans for it. We take on debt and trade the future as insurance. There is no such thing as a land of freedom. Freedom must be bought. life must be bought. Everything has a price. Anything, can be bought.

It seems like we cannot even earn the fruits of our labors. Parasites are taking as much bounty as they can, sucking everyone die.

My own survival relies on my own twisted sense of happiness and narcissism. Even now I am bubbly with joy. Death, failure, all of these things are do not matter. I have faced them before and will face them again. I see a lot of things. Deep down I know I was born to be a king... ha. But people like me, pfft. We aren't meant to succeed. In real life the bad guys always win.

I've gone off on a soliloquy, back to bitcoin. I'm sure it's too early to tell. I'm sure its going to rise, and I'm sure its going to fall. I'm sure a technical attack could send things all over the place at any moment. I'm sure the market could naturally go anywhere.

I'm learning as much as I can at the moment. I'm enthralled by bitcoin out of genuine affection. I see it's value. Compared to the currencies of natures today it is a tantalizing entity.
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April 25, 2013, 07:02:45 AM
 #64

I suppose. I'm actually in limbo right now and will be moving soon. I'll be able to find work where I'm going... hopefully. See, I'm not the average sap so I understand exactly why and how my country has fallen to shambles due to the perverted corruptions of humanity.

Growing up my only ambition was to make the world a better place and to help people. I'm one of "those" fools. Heh, heh....

We spend our lives chasing money in order to survive. We trade our lifespans for it. We take on debt and trade the future as insurance. There is no such thing as a land of freedom. Freedom must be bought. life must be bought. Everything has a price. Anything, can be bought.

It seems like we cannot even earn the fruits of our labors. Parasites are taking as much bounty as they can, sucking everyone die.

My own survival relies on my own twisted sense of happiness and narcissism. Even now I am bubbly with joy. Death, failure, all of these things are do not matter. I have faced them before and will face them again. I see a lot of things. Deep down I know I was born to be a king... ha. But people like me, pfft. We aren't meant to succeed. In real life the bad guys always win.

I've gone off on a soliloquy, back to bitcoin. I'm sure it's too early to tell. I'm sure its going to rise, and I'm sure its going to fall. I'm sure a technical attack could send things all over the place at any moment. I'm sure the market could naturally go anywhere.

I'm learning as much as I can at the moment. I'm enthralled by bitcoin out of genuine affection. I see it's value. Compared to the currencies of natures today it is a tantalizing entity.

Believe me, I know the weight of debt, but bitcoin has helped me to pay it down.  I absolutely agree about parasites in the dollar economy, but there are other options and staying with dollars is a choice.  Other things might be harder to trade with, but you can't feed the leeches.  Luckily, bitcoin makes traditional fiat money transfer options look cumbersome.  It only faces the problem of adoption, which can only be solved by time.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
batcoin
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April 25, 2013, 07:09:25 AM
 #65

The reason I'm afraid to buy back right now and not on a dip is how overwhelmingly positive and optimistic everyone is at the moment.

Clearly this cannot be a good sign.

You must not be reading the same forum as I, there's plenty of naysayers. Mostly of the "I WANT TO BUY LOWER" variety.

Really? I'm not sure. Everyone seems to be saying it's going to rise and be wonderful... but I've never trusted the masses... maybe it's just my latent narcissism speaking, but I feel like this would be the perfect moment to deal a crippling blow to bitcoin.

Ah. Maybe I'll just take a break and see how things pan out over the course of a week. I'm pretty new to this so the more I can learn the better. I'm not exactly rolling in dough either so it's not like I'll miss out on much.

I know where you are coming from. The thing to keep in mind is that we are not the masses. We are currently the tiny minority. You and I (and many others on this forum) are grouped together due to like-mindedness so that gives the impression of being in the masses. The masses bought facebook stock. The masses are not yet buying bitcoin.

Hm. I see. I was mostly referring to the "majority" of people buying and selling bitcoin. I do not believe it is likely or possible that most of the poeple on this forum are making gains and feel like at least half are taking losses. Even though I made a bunch of mistakes I still came out with tiny gains but learned a lot of tough lessons.

If people are greedy and not afraid than it makes me afraid.

I mean... all it's going to take is one major unexpected technical error or great even to send the value of bitcoin plummeting to oblivion.

I mean logically, bitcoin just reached it's highest peak and crash ever. If another large blow were dealt to bitcoin so soon... its possible we may hit rock bottem for a time.

Long term I'm sure things will skyrocket, but right now I just can't help but wonder.

Wow - a lot of posts while I was away.

Anyway, as far as the majority that are trading I don't see how it's any different from any other market/business. I could name the founder of any successful company vs. Joe Six-pack as examples. The savvy/motivated will likely do the best and the suckers/sloths will just eek by or lose. If one knows he isn't savvy enough and still knows that he doesn't want to be a sucker, then he treads carefully in the market and probably won't make very big gains but will also just eek by or hopefully not lose very much if he makes a miscalculation.

I also look at the greed and fear of day trading kind of like a drunken boozefest. Some people are gonna get laid, some are gonna just hang out and chit-chat, some are gonna get beat up, some are gonna have hangovers. After the weekend is over it's back to work and progress as usual with the normal hills and valleys that come in between. Sure, we could die in a car accident on the way to work, but that's life. Nothing is certain.

In the long term, progress will be made and humans will evolve into the borg in the eventual singularity. Then Bitcoins probably won't matter at all.

If you have more than 0.01BTC and complain about early adopters, please consider donating to this address: 1P11Dz4mhDcJvetHqEJu35KNEVqSRmqo3b
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UltimateReaper
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April 25, 2013, 07:10:56 AM
 #66

I suppose. I'm actually in limbo right now and will be moving soon. I'll be able to find work where I'm going... hopefully. See, I'm not the average sap so I understand exactly why and how my country has fallen to shambles due to the perverted corruptions of humanity.

Growing up my only ambition was to make the world a better place and to help people. I'm one of "those" fools. Heh, heh....

We spend our lives chasing money in order to survive. We trade our lifespans for it. We take on debt and trade the future as insurance. There is no such thing as a land of freedom. Freedom must be bought. life must be bought. Everything has a price. Anything, can be bought.

It seems like we cannot even earn the fruits of our labors. Parasites are taking as much bounty as they can, sucking everyone die.

My own survival relies on my own twisted sense of happiness and narcissism. Even now I am bubbly with joy. Death, failure, all of these things are do not matter. I have faced them before and will face them again. I see a lot of things. Deep down I know I was born to be a king... ha. But people like me, pfft. We aren't meant to succeed. In real life the bad guys always win.

I've gone off on a soliloquy, back to bitcoin. I'm sure it's too early to tell. I'm sure its going to rise, and I'm sure its going to fall. I'm sure a technical attack could send things all over the place at any moment. I'm sure the market could naturally go anywhere.

I'm learning as much as I can at the moment. I'm enthralled by bitcoin out of genuine affection. I see it's value. Compared to the currencies of natures today it is a tantalizing entity.

Believe me, I know the weight of debt, but bitcoin has helped me to pay it down.  I absolutely agree about parasites in the dollar economy, but there are other options and staying with dollars is a choice.  Other things might be harder to trade with, but you can't feed the leeches.  Luckily, bitcoin makes traditional fiat money transfer options look cumbersome.  It only faces the problem of adoption, which can only be solved by time.

Indeed. I would like to see bitcoin succeed. The power of a currency with a limited supply is ingenious. The dollar which is an infinite currency, well; we can all see what it has done. Endless inflation and government deficits. Bitcoin is insanely innovative.

I am definitely in this for the long run. Hopefully I'll be in this for years. I would love to be a part of this potential emerging future.
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April 25, 2013, 07:17:25 AM
 #67

The reason I'm afraid to buy back right now and not on a dip is how overwhelmingly positive and optimistic everyone is at the moment.

Clearly this cannot be a good sign.

You must not be reading the same forum as I, there's plenty of naysayers. Mostly of the "I WANT TO BUY LOWER" variety.

Really? I'm not sure. Everyone seems to be saying it's going to rise and be wonderful... but I've never trusted the masses... maybe it's just my latent narcissism speaking, but I feel like this would be the perfect moment to deal a crippling blow to bitcoin.

Ah. Maybe I'll just take a break and see how things pan out over the course of a week. I'm pretty new to this so the more I can learn the better. I'm not exactly rolling in dough either so it's not like I'll miss out on much.

I know where you are coming from. The thing to keep in mind is that we are not the masses. We are currently the tiny minority. You and I (and many others on this forum) are grouped together due to like-mindedness so that gives the impression of being in the masses. The masses bought facebook stock. The masses are not yet buying bitcoin.

Hm. I see. I was mostly referring to the "majority" of people buying and selling bitcoin. I do not believe it is likely or possible that most of the poeple on this forum are making gains and feel like at least half are taking losses. Even though I made a bunch of mistakes I still came out with tiny gains but learned a lot of tough lessons.

If people are greedy and not afraid than it makes me afraid.

I mean... all it's going to take is one major unexpected technical error or great even to send the value of bitcoin plummeting to oblivion.

I mean logically, bitcoin just reached it's highest peak and crash ever. If another large blow were dealt to bitcoin so soon... its possible we may hit rock bottem for a time.

Long term I'm sure things will skyrocket, but right now I just can't help but wonder.

Wow - a lot of posts while I was away.

Anyway, as far as the majority that are trading I don't see how it's any different from any other market/business. I could name the founder of any successful company vs. Joe Six-pack as examples. The savvy/motivated will likely do the best and the suckers/sloths will just eek by or lose. If one knows he isn't savvy enough and still knows that he doesn't want to be a sucker, then he treads carefully in the market and probably won't make very big gains but will also just eek by or hopefully not lose very much if he makes a miscalculation.

I also look at the greed and fear of day trading kind of like a drunken boozefest. Some people are gonna get laid, some are gonna just hang out and chit-chat, some are gonna get beat up, some are gonna have hangovers. After the weekend is over it's back to work and progress as usual with the normal hills and valleys that come in between. Sure, we could die in a car accident on the way to work, but that's life. Nothing is certain.

In the long term, progress will be made and humans will evolve into the borg in the eventual singularity. Then Bitcoins probably won't matter at all.

Ha ha ha. Assuming we make it that far. I for one wouldn't mind seeing our species fall apart see that our species faces a lot of challenges.

Indeed, bitcoin may die in the future, and will have merely paved the way for the rise of virtual currency, but who knows really.

This is all just a game really. No one wants to be the losers. But unlike gambling, this is one game you can use your brain to influence the odds with. This coupled with persistence and motivation, well, that may make all the difference.
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April 25, 2013, 07:26:26 AM
 #68

The reason I'm afraid to buy back right now and not on a dip is how overwhelmingly positive and optimistic everyone is at the moment.

Clearly this cannot be a good sign.

You must not be reading the same forum as I, there's plenty of naysayers. Mostly of the "I WANT TO BUY LOWER" variety.

Really? I'm not sure. Everyone seems to be saying it's going to rise and be wonderful... but I've never trusted the masses... maybe it's just my latent narcissism speaking, but I feel like this would be the perfect moment to deal a crippling blow to bitcoin.

Ah. Maybe I'll just take a break and see how things pan out over the course of a week. I'm pretty new to this so the more I can learn the better. I'm not exactly rolling in dough either so it's not like I'll miss out on much.

I know where you are coming from. The thing to keep in mind is that we are not the masses. We are currently the tiny minority. You and I (and many others on this forum) are grouped together due to like-mindedness so that gives the impression of being in the masses. The masses bought facebook stock. The masses are not yet buying bitcoin.

Hm. I see. I was mostly referring to the "majority" of people buying and selling bitcoin. I do not believe it is likely or possible that most of the poeple on this forum are making gains and feel like at least half are taking losses. Even though I made a bunch of mistakes I still came out with tiny gains but learned a lot of tough lessons.

If people are greedy and not afraid than it makes me afraid.

I mean... all it's going to take is one major unexpected technical error or great even to send the value of bitcoin plummeting to oblivion.

I mean logically, bitcoin just reached it's highest peak and crash ever. If another large blow were dealt to bitcoin so soon... its possible we may hit rock bottem for a time.

Long term I'm sure things will skyrocket, but right now I just can't help but wonder.

Wow - a lot of posts while I was away.

Anyway, as far as the majority that are trading I don't see how it's any different from any other market/business. I could name the founder of any successful company vs. Joe Six-pack as examples. The savvy/motivated will likely do the best and the suckers/sloths will just eek by or lose. If one knows he isn't savvy enough and still knows that he doesn't want to be a sucker, then he treads carefully in the market and probably won't make very big gains but will also just eek by or hopefully not lose very much if he makes a miscalculation.

I also look at the greed and fear of day trading kind of like a drunken boozefest. Some people are gonna get laid, some are gonna just hang out and chit-chat, some are gonna get beat up, some are gonna have hangovers. After the weekend is over it's back to work and progress as usual with the normal hills and valleys that come in between. Sure, we could die in a car accident on the way to work, but that's life. Nothing is certain.

In the long term, progress will be made and humans will evolve into the borg in the eventual singularity. Then Bitcoins probably won't matter at all.

Ha ha ha. Assuming we make it that far. I for one wouldn't mind seeing our species fall apart see that our species faces a lot of challenges.

Indeed, bitcoin may die in the future, and will have merely paved the way for the rise of virtual currency, but who knows really.

This is all just a game really. No one wants to be the losers. But unlike gambling, this is one game you can use your brain to influence the odds with. This coupled with persistence and motivation, well, that may make all the difference.

TBH I hope we don't make it that far. At least not in my lifetime. It freaks me out to think that I could ever become connected to someone like this.

If you have more than 0.01BTC and complain about early adopters, please consider donating to this address: 1P11Dz4mhDcJvetHqEJu35KNEVqSRmqo3b
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April 25, 2013, 10:44:09 AM
 #69

With argentina and china people rushing to BTC, (Hyperinflation in Argentina, Q-Coin person to person trading stopped by chineese govt, and soon after, Chineese every-day folks discovering BTC..statement in my signature ![/u]

Aren't every day chinese people still discovering production lines and agriculture?

I suggest you go there....they on the verge of  makeing the west look like the third world. Eg. the US has nothing to compare to the high speed rail network recently built in CNY.

The scale the are operating on is of a different magnitude to the west / us at the moment

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April 25, 2013, 10:48:38 AM
 #70

A lot of people don't get that its a displacement event....no "money" or value has to be made by BTC/CC's it just has to displace what paper fiat is representing.


All the local people contacting me to buy bitcoins seem to think differently.  And this is rural West Virginia, where 98% of people are still stuck 30 years in the past.  MtGox isn't that important.

That's even scarier and more consistent with a bubble.

Yeah. When 0.5% of the world is in, the early adopter phase has ended, and there is a mathematical chance of it being a bubble, given that it is a technology which in all likelihood is beneficial to most, such as the Internet, email, mobile phones and Facebook.

In 1999, 0.5% of the world were Internet literate. The "new paradigm" had arrived. There was a huge bubble on valuations of the internet companies, since people were pumping the money in, ahead of the usefulness curve. A mobile operator was trading at $20,000+ per customer. It was delusional, since you cannot extract that much lifetime value out of a customer in perfect competition or even close to perfect competition. To achieve 10% APR, you would have to make $166 per month profit per customer, which you obviously don't, and never will - I am the top absolute heavy user of mobiles, and I hardly pay that much to them in revenue, corporationwide. $10-$20 revenue per month is the norm.

The bubble crashed and the technology stayed, was developed, and has calmly and bloodlessly revolutionized the world.

Bitcoin at $156 per mBTC, as there is 3mBTC per person in the world, actually more like 1mBTC, since many of the coins are yet to be generated (10MBTC), a good number is lost (~0.5MBTC), and I don't think Satoshi will spend his backbone miner position (1MBTC).

Most bitcoin holders that I know, keep, or plan to keep 80% in paper wallets (6.5MBTC out of 8MBTC). Some (1.5MBTC) play with their stash, though, but these generally lose bitcoins over time, and are replaced by others. It is a giant casino, where nearly everyone wins on fiat and loses on bitcoins, (hope thay have fun).

The active traded stock of bitcoins, 3MBTC, is in accordance with the analysis. Half of it belongs to the trading positions of the long-term holders, and they can increase their stash at several pips per hour. Bitcoin price in the last 8 days has risen 50 pips (0.5%) per hour.

The highest "tear speed", which I define as "increase in Bitcoin market cap"/"net investment demand" can be measured at about 10. Expect "bitcoin shortages" to resume, so that there is no meaningful sell side in the exchanges. "Physical"/OTC premium did skyrocket to 25% in early April, it will go back, and higher.

In my short 7 years career as a silver dealer, physical silver was maximum at about +150% compared to spot. Even now it is about 30-50% over.

I am selling Casascius at 1.50 per BTC1, 6 per BTC5, and I am planning to increase the premium. 3 weeks ago I cleared the Casascius supply of the leading Finnish merchant, because of their terms allowed me to buy the casascius' at 3% over melt, and pay with fiat at the close of the second bank day following (T+2). So, I bought like Saturday morning, paid on Tuesday evening, and made 20% in fiat/BTC rate appreciation, instead of losing the same amount by trying to make my money clear in the exchange.

This kind of madness cannot go on for much longer. The ones making money (like I have sporadically done), are making too much of it, and it is pressuring the supply side of bitcoins.

When I was mentioning the "event horizon" yesterday, it is the point of no return, and we are in it right now. NOW bitcoin is the most undervalued during its history, since the wisest brains in the world cannot think of a scenario, that it would not go to $millions in the bubble pop. Therefore they buy in, in the most epic forward escape that the world has seen so far. Since there is still a 100,000% gain available, and the risk has dropped to virtually zero, all the money in the world tries to enter into bitcoins, and the endgame can be rather quick.

Your wallet is safe. If someone understands and accepts what is written above, he can just buy bitcoins and be rich in a few weeks. If he doesn't, he is not interested or capable in stealing your wallet anyway.

I expected blood in the streets and shortages of food when the fiat economy ends. But we did not see either, when Internet, email, and Facebook proliferated. Perhaps I will still be able to buy my weekly bottle of Riesling, and even be able to choose the brand, in relative comfort, despite the fact that I own more money than I ever can realistically dole out.

I can make BTC10 or more, every phone call I take, since people want to buy bitcoins with their fiat, gold, silver, cars and whatever they have, and I can just select what I need.

You can call me if you want, my number is +358-50-3235950. You can talk to me for BTC10 per hour, prepaid. Granted, it is much fiat, but why would you care. You mined your blocks solo, and now you can talk to me 5 hours for the price of one. Realistically, if more than 3 people call me per day, I will need to increase the price due to scarcity of my time available, and the fact that I spend most of my day internet trolling anyway and don't have too much interest in making money anymore Grin

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
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