do you really feel like you need to tell everyone in your signature that you're gay?

It's absolutely fair to raise the question.  What I'm suggesting is that it's an open question.  I think the deflationary argument against bitcoin is compelling.  And, yes, it's absolutely possible that spending could drop drastically as the value goes up.  But, here's a question:  Has bitcoin spending dropped drastically as the value has gone up?  What's so important about the future values of $500, $1000, and $10,000?  It seems there's enough history now that we can scrape together enough data to make some preliminary judgments.

For example, the value of 1 BTC is more than 400x greater than when I bought my first bitcoins in early 2011.  Has spending decreased more than 400x?  Has it increased?  By how much either way?  If it's increased, what are the best explanations for that behavior?  I've read a lot of anecdotal evidence that merchants see increased spending during rally periods.  I think it'd be a worthwhile project to investigate these claims more rigorously since they offer some early empirical evidence that empirically runs contrary to the deflationary argument's theoretical claims.  

Granted, it's still early.  Still, I'm not aware of a deflationary currency environment of this size from which to draw empirical evidence to either substantiate or contradict an old, and widely accepted economic theory.

Due to issues with people not having THEIR OWN bitcoin addresses on BitFunder, I will be postponing this weeks dividends in an attempt to help give people more time to get their address situated.

This means the dividends due to go out Oct. 19th and Oct. 26th will BOTH go out on Oct. 26th.

Tuesday, Oct. 22nd, I will be freezing LRM on BitFunder and taking the final asset list.  At this time I am requesting that all individuals send a signed message in the format detailed below between Tuesday, Oct. 22nd Noon and Thursday, Oct. 24th 11:59 PM Eastern Standard Time.

If you fail to send a signed message via email to labrat@labratmining.com by the end of the time specified, your dividends will be rolled over to the following week.

Thursday, Oct. 31st will be the cut off for the week following.

If you do not verify ownership of your bonds via this method by Thursday, Nov. 7th, your bonds and accrued dividends will be absorbed by LRM.

I am giving everyone plenty of warning, so make sure your address on BitFunder is one of your own.

Format for signed message must be as follows:

EMail Title:
BTC address (must be the address on the bitfunder asset list which is the same one you signed the message with)

EMail Body:
Bonds: # owned
Name: (Name on BitCoinTalk or BFL Forums, not your real name)
BTC Address: (Preferred address, may keep the same or change)


Message Signature: xxxxxxxxxxxxxxxxxxxxxxxx


The information in the body should be copy pasted from the signed message to your email, no leading or following spaces other than to separate the message signature from the message. No additional information necessary.

And 125 is broken....

price should double within a month.. I dont see any double digit (under 90 for at least few days) ever.. Maybe some sort of flash crash could bring the price under 100 for a couple of hour, but nothing more..

Place your money where your mouth is, see the bet in my sig..

Your analist..... I'm not sure I want to know what their job entails

Screenshot coming in 24 hours or less.

Unfortunately USD doesn't need Bitcoin. By itself, it does a great job free falling.

Almost 1% of the total bitcoins that exist.
I think a proportionaly large sell offer of any other currency would have the same effect to that currency.