Cryptocurrency
WSJ Article
Believes in boom/bust, binary resolution.
Some people in there suggesting 1-3% portfolio allocation to it. Already 1 private investment fund owning it and making it available to others with around $26M invested. Of course, Winklevii are trying to make an ETF so it's accessible to non-accredited investors.
Believes in boom/bust, binary resolution.
Some people in there suggesting 1-3% portfolio allocation to it. Already 1 private investment fund owning it and making it available to others with around $26M invested. Of course, Winklevii are trying to make an ETF so it's accessible to non-accredited investors.
It's not me, it's someone else.
Someone undercut my price, but they did it as an auction, starting at 0.99, with a lower buy it now (I do buy it now only, no auction, so they sell ASAP). So to remove their BIN price, I bid $0.99. Now that person has to hold that BTC auction for 7 days, and it doesn't show up as a lower price than mine for BIN auctions.
My wife: "You're kinda ruthless"
My wife: "You're kinda ruthless"
It's not me, it's someone else.
I would sell it to you at whatever my market price is, if that worked for you. Assuming you pay from a bank account so I don't have PayPal fees to deal with.Paul wrote:I want to buy .0908 Bitcoin to get me to an even .5 Bitcoin.
Anybody wanna sell and save some PayPal fees?
Warning: Coinbase is getting expensive ($25/BTC more than mtgox right now) since it's the easiest for USD to get into.
Right now it's about 792.74, whereas mtgox is 769.68, and btc-e is 671.
I'm prolly going to bed soon, but we can do it tomorrow if you want.
It's not me, it's someone else.
Ah well... I was waiting to send the BTC until payments cleared, and already got a chargeback today. Refunded the $, canceled the auction.TheCatt wrote:I sold 0.3 BTC. I raised the price such that if 1/3 people try to defraud me and chargeback, I will still break even. If no one defrauds me, I make almost $120.
I'm guessing the odds are good the other 2 end the same way.
It's not me, it's someone else.
New selling format:
* I am sending a letter to the buyer with a code.
* When they respond back to me with that code, I will send the BTC to their wallet.
So far I've ended two auctions with that format:
The first was clearly a scammer. He's paying with what looks like a hacked PayPal account (different email than the eBay account, no recent activity, etc)
The second does not look like a scammer (eBay account with recent activity, confirmed address, name and email, etc match up).
So if this works, I may do it some more.
* I am sending a letter to the buyer with a code.
* When they respond back to me with that code, I will send the BTC to their wallet.
So far I've ended two auctions with that format:
The first was clearly a scammer. He's paying with what looks like a hacked PayPal account (different email than the eBay account, no recent activity, etc)
The second does not look like a scammer (eBay account with recent activity, confirmed address, name and email, etc match up).
So if this works, I may do it some more.
It's not me, it's someone else.
Interesting. I'm far too lazy to be that industrious about things.
I put in sell orders for $1000 US worth of bitcoins to trigger when it hits $1000 each, $2k, $4k, $8k and $16k. At $32k an order triggers to sell the remaining ones. I figure this gives me nice bits of cash every so often without completely dumping future prospects of wealth, and if it collapses overnight I still got something out of it. That's more my speed.
I put in sell orders for $1000 US worth of bitcoins to trigger when it hits $1000 each, $2k, $4k, $8k and $16k. At $32k an order triggers to sell the remaining ones. I figure this gives me nice bits of cash every so often without completely dumping future prospects of wealth, and if it collapses overnight I still got something out of it. That's more my speed.
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So I guess your first one hit today, eh?TPRJones wrote:Interesting. I'm far too lazy to be that industrious about things.
I put in sell orders for $1000 US worth of bitcoins to trigger when it hits $1000 each, $2k, $4k, $8k and $16k. At $32k an order triggers to sell the remaining ones. I figure this gives me nice bits of cash every so often without completely dumping future prospects of wealth, and if it collapses overnight I still got something out of it. That's more my speed.
It's not me, it's someone else.
I forgot about the BTC I had moved into LTC and then back. So I've got .23 BTC more than I remembered.
If you look at the potential of BTC as a reserve currency, I'm guessing it has a value of $100 Billion, which at 21 Million BTC gives a value of $5k each. Right now, the total value is around $11Billion, but only 11M have been mined.
The bitcoin investment fund returned 4,600% YTD as of last week, and BTC is up at least 50% since then... I think it will attract more money.
If you look at the potential of BTC as a reserve currency, I'm guessing it has a value of $100 Billion, which at 21 Million BTC gives a value of $5k each. Right now, the total value is around $11Billion, but only 11M have been mined.
The bitcoin investment fund returned 4,600% YTD as of last week, and BTC is up at least 50% since then... I think it will attract more money.
It's not me, it's someone else.