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Showing 20 of 160 results by supert
I'm looking at coinsbank and cryptopay.
The issue is the conversion rate you get and the conversion fees. Can anyone confirm how competitive these are? Is the rate on coinsbank's website the one you get? What rate does cryptopay use?
The issue is the conversion rate you get and the conversion fees. Can anyone confirm how competitive these are? Is the rate on coinsbank's website the one you get? What rate does cryptopay use?
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
Actually I suspect AM may be able to argue that since there is no 'ownership' of the company conferred by owning AM shares, that they did not offer securities. This is obviously muddied by the use of the words IPO, share, securities etc.
Clearly you have not read the legal definition of a security, nor have you been around for very long or you would have known better. There is absolutely zero doubt AM shares are legally securities subject to SEC regulation in so far they are offered to US investors.
Applying a little bit of thought, you are clearly right.
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
Actually I suspect AM may be able to argue that since there is no 'ownership' of the company conferred by owning AM shares, that they did not offer securities. This is obviously muddied by the use of the words IPO, share, securities etc.
Re: EARN BITCOIN WITH YOUR SIGNATURE ,UP TO 0.1BTC A MONTH, ONLY 30 SLOTS LEFT
I would like to continue but have not received any payment, though others have apparently?
People who signed up before you have received payment...there's a list on the first page.
He was the first one to sign up...there's a list on the first page.
I would say the month ends today so you should see it soon.
WTF are you smoking? His first post in this thread was post #76. He's also about 49 posts short of the 50 required. Tagged.
You tagged me a scammer for just asking a fucking question?!
You can feel this adoption occurring now though, everybody I speak to about bitcoin has already heard about it. It's no longer as 'edgy'. Yet, very few people have any. The one friend I know who bought some, forgot the pw to his wallet.
Mining investments are based on calculations of future difficulty. In a sense the miner is short difficulty. The miner would be able to hedge that exposure away by buying such a contract, locking in his profit.
What you are describing isn't a futures contract, but rather a form of gambling. The first example you gave, where I agree to trade you 6 barrels of oil on September first for 1 bitcoin, is a futures contract. Assuming we don't choose to exchange cash instead, you will get your 6 barrels of oil and I will get my one bitcoin.
The second example, what difficulty will be on September first, isn't a contract at all, nothing is being exchanged. It is simply a bet on a future life event. Any gambling house would be well equipped to lay odds and accept wagers on the event.
The second example, what difficulty will be on September first, isn't a contract at all, nothing is being exchanged. It is simply a bet on a future life event. Any gambling house would be well equipped to lay odds and accept wagers on the event.
A cash-settled future is a bet, but the idea is here to avoid the use of an intermediary and counterparty risk.
A bet such as this can be used to hedge exposure, so isn't necessarily gambling.
A futures contract is an agreement to execute a trade at a future date at a previously agreed price.
For example, say Alice agreed with Bob to pay 1 bitcoin for 6 barrels of oil in September. Sometimes, these can be cash-settled instead of actually delivering the oil. This is useful in hedging exposure to the oil price. In this case, Alice and Bob need to agree an impartial, external source for the price of oil in bitcoin on that date.
Thus, most discussion of decentralised future or forward contracts in bitcoin land centres around the use of an external 'oracle' to provide such a source. This introduces a third party and goes against the trustless spirit of bitcoin.
The future difficulty is of great importance in the calculation of mining profitability, but it is difficult to predict. So, miners badly need the ability to hedge or accurately price difficulty.
My idea is that, in the special case of difficulty, the blockchain is the authoritative oracle, and an external oracle is not needed. Thus, trustless decentralised difficulty futures contracts are possible.
Does anyone have any ideas how this could be implemented?
(x-posted reddit http://www.reddit.com/r/Bitcoin/comments/2a5jrr/idea_mining_difficulty_futures_contracts/ )
For example, say Alice agreed with Bob to pay 1 bitcoin for 6 barrels of oil in September. Sometimes, these can be cash-settled instead of actually delivering the oil. This is useful in hedging exposure to the oil price. In this case, Alice and Bob need to agree an impartial, external source for the price of oil in bitcoin on that date.
Thus, most discussion of decentralised future or forward contracts in bitcoin land centres around the use of an external 'oracle' to provide such a source. This introduces a third party and goes against the trustless spirit of bitcoin.
The future difficulty is of great importance in the calculation of mining profitability, but it is difficult to predict. So, miners badly need the ability to hedge or accurately price difficulty.
My idea is that, in the special case of difficulty, the blockchain is the authoritative oracle, and an external oracle is not needed. Thus, trustless decentralised difficulty futures contracts are possible.
Does anyone have any ideas how this could be implemented?
(x-posted reddit http://www.reddit.com/r/Bitcoin/comments/2a5jrr/idea_mining_difficulty_futures_contracts/ )
Re: [CounterParty] IPO announcement. Mimex - UK bitcoin exchange
Is that really the most important thing at this stage?