12200+ entries in 1.188s
nubbins`: now take people who bought at <
$100
nubbins`: but the plebs who bought at, say,
$400 are spitting out btc at everyone who will take them
nubbins`: nobody who bought btc at
$900 is buying bedsheets at overstock.com
nubbins`: today you have tiger direct scooping up
$0.25mn on day 1
altkoin: in europe if you have
$$ your living much better then almost anywhere stateside
altkoin: the20year1: when interest rates drop, bank intangible capital gets destroyed. the price of a bond increases so its harder to get out of debt you need more
$$ to buy back the bond.
the20year1: Alot of areas,
$200k won't buy you a 1 bedroom apartment or condo, but here it can buy a castle
the20year1: There are plenty of great areas of Ohio , the area I'm located in is fantastic in my opinion. Very low crime rate overall, property prices are low - I can buy 6,000 finished square feet for under
$200k
altkoin: gox has like 80cents backing every
$1 in peoples accounts
the20year1: but if I try I can find old growth timber for ~
$1000/ac
the20year1: that's a fantastic hussle, there's a guy locally doing oragnic acorn fed hogs and exporting to europe for
$100/kg
the20year1: I'd love to list on mpex, but at
$21k+ to do it, i can't justify at this point yet
BingoBoingo: A shit Caprice used to sell to the scrapper for
$50 or them for
$500. Now the same shit Caprice can't sell to the scapper because it goes to them for
$2500
BingoBoingo: Back in the July of
$80 dollar BTC .25 BTC was the going market value, down from 10 BTC when MP bought one.
lippoper: so they beat the sh@#
$ out of him with a stick
the20year1: If he would have truly uncapped, and not had the CC processor issues he could have sold
$100k worth of machines per day
copumpkin: mircea_popescu: I asked for
$100m/yr and they turned me down :(
punkman: they are worth about
$3.50
Apocalyptic: <kakobrekla> 5
$ per pic, signature is extra 5. // with the 500 btc car in the background too ?
Vexual: when they nod together, its
$100 a bottle
nubbins`: so once a year we grill steaks and drink
$300 glasses of wine together
chatquack: How would something like btc hitting
$2kUSD by the end of the year affect it?
chatquack: Ya, ugh,
$300 into
$3000 would have been nice.
the20year2: The first property we bought was for
$26k, 2,000sf, 5bed 2 bath
the20year2:
$35,000 house producing
$700+/mo in rent isn't bad in my eyes
Azelphur: mircea_popescu: I'm curious, what do you think about all this chatter of
$10k by the end of the year? XD
copumpkin: after all, it'll be worth
$100m or more, it's a great investment
nubbins`: 19btc worth of stuff, current bid
$9,300
VitalyChernikov: I am working! At IT company, but salary is
$850, I am beginner developer.
knotwork: I think even when it reaches only
$2000 or
$2500 or so I would start wanting to hive off 500k CAD or so worth into something other than cryptocoins
knotwork: maybe it will afterall still be available in november when bitcoin is
$10,000 (i guess I was wrong about how long people think that might take to reach) and it will be cheaper then too as their desperation increases
the20year1: what i'd do is just start off with a lowball figure, bring it up
$10k or so every few weeks
the20year1: i think they ended up figuring like
$25/mo for 768kbps for a residential user
dub: turns out there are hundreds of islands for under
$500k in canada
ozbot: BitBet - 1BTC >=
$10,000 USD
KRS1: mircea_popescu: i live in south florida, where many consider ground zero for the banking/real estate fuck. I can tell you some horror stories. One scenario I like is the guy who makes
$35K a year who bought a
$350K house who now lives in a slum apartment with ruined credit.
knotwork: maybe next month when bitcoins are
$2000+ if its still available I might go for it alone
decimation: sounds like a few hundred
$ in cleanup costs alone
the20year1: i've got a backup bid on a nice property here that was at auction Saturday - 2br 1ba , two, two car garages,
$16k
ozbot: Dogecoin Hacker Makes Off With
$13,000
decimation: ?In 1890, professors salaries [at Amherst College] were
$ 2,500, more than twenty times tuition. The step up from laborer to professor was immense, for the average wage earner in 1890 earned
$425 a year. ?
☟︎ ozbot: The dogecoin subreddit raised
$30,000 for the Jamaican bobsled team to go to the Olympics. : bestof
herbijudlestoids: mircea_popescu: no dont you see how it works? as soon as i google it someone will have already got a project on github and
$100,000 in funding from kickstarter
mircea_popescu: "The point is, there are no BUYERS. It will not happen. No one is going to pay
$20k of REAL money for bitcoins."
nubbins`: as if somebody's going to pay a
$13,000 premium for a round minted last year
nubbins`: huh. yeah, apparently <
$1k in parts
nubbins`: might as well be a stack of
$100 bills
nubbins`: hop on a ferry and it's maybe
$5/gallon for milk
nubbins`: ~
$4.50 for two liters, although being on an island with few cows, it's understandably more costly than mainland canada
nubbins`: going by a loaf of bread, that 150 bucks would be about
$525/mo here
nubbins`: to perfect the analogy, consider the case where a gallon if milk is
$4 and containers from the farmer cost
$6
ozbot: The Feds Are Ready To Sell
$25 Million of Bitcoin Seized From The Silk Road - Forbes
KRS1: nov btc was around
$500 this is probably just a correction
pankkake:
$10k is close to the price per square meter around here
the20year: Gonna go look at a house tomorrow, hoping to pick it up under
$10k
the20year: Nah , all I asked for was
$100k on
$170k of property
the20year: If I wanted something big, there's a subdivison where the owner went bankrupt, every so often you can get 6k+ finished for under
$175k
KRS1: i'm trying to get a place near where i live (in the country past the suburbs) 3800-4000sq fq for low to mid
$200K-
$250K on 1-2 acres
the20year: There's a girl in my town who sells a few dozen condos in orlando a year running
$25k/ea
KRS1: best I found was
$220 here in south florida for 3800 sqft 4 br
the20year: Pretty disappointed, had to pass up on a really nice foreclosure locally. 5br 2ba , 2.35ac, 2000sf, 3-4 car garage,
$42.5k
ozbot: BitBet - BTC/USD at MtGox will be above
$150 on Mar 1st 2014
KRS1: The Feds Are Ready To Sell
$25 Million of Bitcoin Seized From The Silk Road
KRS1: at bitfinex prices i would make
$200 on a
$5400 deal =/
nubbins`: a month ago, sharf thought bitcoin was worth
$1300
ozbot:
$10: One Perspective On What Bitcoin Will Be Worth In 2014 - Forbes
KRS1: "Experts" say bitcoin will be as low as
$10 this year.
ozbot: BitBet - BTC worth over
$5000 before 2015
the20year: So let me stress that, 14.3% dividend yield based on investments at
$81 per BTC
the20year: At any rate, RentalStarter collected an average of
$81 in fiat per BTC during the IPO phase, bitcoin is now worth 10x more and our div yield in BTC will be 14.3% going forward which puts us right in the middle of the pack on Havelock. Only two stocks would have higher dividends, 5 would have lower dividend yields.
the20year: That's kind of the point i'm making. Everything from my perspective was hammered shareprice wise when BTC went from
$200>
$1200
wao-ender: The Bitcoin Investment Trust has proved to be popular, raising
$61.1m from investors within three months of its launch.
mircea_popescu: An Oregon pimp that employed a pair of Nike shoes to brutally beat a man has filed a
$100 million lawsuit against the athletic company for not labeling their product as “dangerous.”
KRS1: police in a city not far from me arrested my friend because he ordered a police officer to pick up a broken bottle, as it was a public danger. he won like
$50K in a lawsuit over that.
ozbot: BTC-e | Buy:
$24.50 Sell:
$24.47 Last:
$24.47 High:
$26.55 Low:
$23.51
the20year2: We raised around
$110k in capital via bitfunder before they went under, were able to utilize
$90k , still have the rest in liquid reserve, but it isn't enough to buy any more
the20year1: if you assume standard apprecation over time,
$17-
$21 is where it should be
the20year1: I've bought some silver, need to getb ack in the game, did a pretty decent
$1500+ buy at 65% of spot a month ago