Quote from: rpietila on January 15, 2014, 07:25:57 AM

Quote from: Ivanhoe on January 14, 2014, 11:36:55 PM

Quote from: rpietila on January 13, 2014, 02:47:21 PM

Quote from: Ivanhoe on January 13, 2014, 12:24:39 PM

Quote from: rpietila on January 13, 2014, 12:18:17 PM

Quote from: Ivanhoe on January 12, 2014, 03:01:44 PM

Want to bet for a box of cigars that it won't go below $500 this year? ( edit: Mt.Gox price )

In March, 2013 I made a public bet for a sum of 7 bitcoins (<$1,000 back then). I got a call from the police, because soliciting public bets is illegal where I live. Therefore I have to structure all bets as financial instruments and have them in the books of my company in another country. And to make this profitable for me, they have to be for a quite large amount, and also give better odds than I could have just by using other options at my disposal.

So this ain't so much fun as it should be Sad

Ok, if the price goes below $500,- ( mt. Gox ) i'll send you a box of cigars as gift. You can decide if you send one if it doesn't go below that price. I would like to know if your taste of cigars is as good as you say it is Wink

If ever I send you a gift, the price will be determined in Bitstamp Wink

What do you propose as Bitstamp price?

All probabilities are against me that it would even go to 600. So I would be delighted to have gifts if it goes below 500 intraday in Bitstamp. If the year passes without this happening, the remaining stash makes me so rich that I can send gifts to my friends Wink

My taste is "traditional Cuban" - aromatic, balanced, not very strong. The cigar needs to be big (thick) enough to realize the flavour, petit corona (44) size is the minimum. Usually I buy the top end of the range and only a few at a time though, because I never know when I develop a new hobby...

Ok fine, Bitstamp it is. The thing is i can see it go below 500 too intraday. Although i do estimate the chances very small. I know there is lots of money waiting to enter this market. If you ' win' this however your taste in cigars is irrelevant because the one who is right gets to choose what he sends. I hope you like cigars from the dominican republic Wink