so you want to have to calculate you BC value ATM when you stop at the gas station every time?
On Wed, Dec 6, 2017 at 8:08 PM, Chuck McCown <ch...@wbmfg.com> wrote: > You base it based on the value of the currency it is replacing. It it > takes the place of 5% of all USD in circulation and if there are only 4 > billion (or whatever) bitcoins theoretically available, it is pretty easy > to calculate. > > *From:* Steve Jones > *Sent:* Wednesday, December 06, 2017 6:18 PM > *To:* af@afmug.com > *Subject:* Re: [AFMUG] BTC 12k+ > > how would you even price items with a currency that fluctuates at this > speed? You couldnt, youd have to price it on a reference, like the USD, > which would be kind of a problem if your reference is what youre trying to > get rid of, because youre awesome cryptocurrency is way betters. > > You folks into it should watch out, because im looking to get in on the > ride, the last time i did that was Keyon, so Im like herpes to investment > value > > On Wed, Dec 6, 2017 at 7:11 PM, <ch...@wbmfg.com> wrote: > >> A professor I know calculated that if Bitcoin only got something like 5% >> of the world’s share of currency then it has a theoretical value of $100K >> or some thing like that. I don’t recall the exact numbers. Maybe it was >> just 1%. >> >> *From:* Steve Jones >> *Sent:* Wednesday, December 6, 2017 6:04 PM >> *To:* af@afmug.com >> *Subject:* Re: [AFMUG] BTC 12k+ >> >> I am curious, its over 14k right now. whats causing such a substantial >> gain? Given that its "digital infallible" Im wondering if its not an >> artificial inflation >> >> On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak <jno...@lrcomm.com> wrote: >> >>> I'm glad I'm only out electricity costs, I cash out when I hit the >>> minimum don't keep anything on site. With a single card it's been taking >>> maybe 3 or 4 weeks to hit payout though, and I turn it off when I'm using >>> my PC. >>> >>> >>> >>> Joe >>> >>> On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones <thatoneguyst...@gmail.com> >>> wrote: >>> >>>> https://www.nicehash.com/ for the TLDR- "we apologize for your rectum >>>> stretching, we recommend preparation H and have a nice day... seeya wouldnt >>>> wanna be ya" >>>> >>>> On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones <thatoneguyst...@gmail.com> >>>> wrote: >>>> >>>>> lulz >>>>> >>>>> On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net> >>>>> wrote: >>>>> >>>>>> For Steve. J >>>>>> >>>>>> https://www.youtube.com/watch?v=XbZ8zDpX2Mg >>>>>> >>>>>> >>>>>> >>>>>> Chris Wright >>>>>> >>>>>> Network Administrator >>>>>> >>>>>> >>>>>> >>>>>> *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Louis >>>>>> Arsenault >>>>>> *Sent:* Wednesday, December 06, 2017 1:48 PM >>>>>> *To:* Animal Farm >>>>>> *Subject:* Re: [AFMUG] BTC 12k+ >>>>>> >>>>>> >>>>>> >>>>>> I can wipe that and make $10... LOL. >>>>>> >>>>>> >>>>>> >>>>>> On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews < >>>>>> i...@avantwireless.com> wrote: >>>>>> >>>>>> To a "Batman" usb drive.... >>>>>> >>>>>> On 12/06/2017 01:27 PM, Sean Heskett wrote: >>>>>> >>>>>> don't leave your coin on coinbase move it to a more safe wallet or >>>>>> completely off line if you're paranoid >>>>>> >>>>>> On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg <ch...@shelbybb.com >>>>>> <mailto:ch...@shelbybb.com>> wrote: >>>>>> >>>>>> I'm waiting for the Coinbase hack...that will really hit hard >>>>>> since >>>>>> they are handling more transactions than Mastercard. >>>>>> >>>>>> Regards, >>>>>> Chuck >>>>>> >>>>>> On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones >>>>>> <thatoneguyst...@gmail.com <mailto:thatoneguyst...@gmail.com>> >>>>>> wrote: >>>>>> >>>>>> how many people who believe this as a "currency" are missing >>>>>> FDIC insurance today? >>>>>> >>>>>> On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg < >>>>>> ch...@shelbybb.com >>>>>> <mailto:ch...@shelbybb.com>> wrote: >>>>>> >>>>>> Yea, we're affected by NiceHash as well. >>>>>> >>>>>> Regards, >>>>>> Chuck >>>>>> >>>>>> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak >>>>>> <jno...@lrcomm.com <mailto:jno...@lrcomm.com>> wrote: >>>>>> >>>>>> Speaking of hacks... I've been selling hashing power >>>>>> to >>>>>> Nicehash, woke up this morning and my miner isn't >>>>>> running... hmm. >>>>>> >>>>>> Nicehash's wallet all got emptied to a unknown address >>>>>> (at least unknown to us, the users). 60 million worth >>>>>> of >>>>>> BTC. I was about half way to my pay out (minimum 0.01 >>>>>> BTC per payout). No official word yet, tread >>>>>> carefully... >>>>>> >>>>>> >>>>>> Joe >>>>>> >>>>>> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson >>>>>> <t...@ida.net <mailto:t...@ida.net>> wrote: >>>>>> >>>>>> I sold 110 coins about 3 years ago and took a huge >>>>>> loss. I got back in at $6,400/btc and sold at >>>>>> $9,800. Then I got back in at $10,500 and just >>>>>> sold >>>>>> this morning at $12,700. >>>>>> >>>>>> It scares the hell out of me to have money sitting >>>>>> there, especially when it could crash while I'm >>>>>> asleep at night... but it's also so addictive to >>>>>> make huge returns (16% after fees, etc. just this >>>>>> month). >>>>>> >>>>>> It's a huge bubble. There is nothing to support >>>>>> it. >>>>>> When you buy in, you are counting on someone >>>>>> willing >>>>>> to pay you more than you paid for it, but for no >>>>>> good reason. It's the .COM era again, except >>>>>> without >>>>>> the .COM. LOL >>>>>> >>>>>> Travis >>>>>> >>>>>> >>>>>> On 12/6/2017 2:28 AM, Gino A. Villarini wrote: >>>>>> >>>>>> Still crying over the 85 I sold at $1k each� >>>>>> you still have? >>>>>> >>>>>> On 12/5/17, 10:37 PM, "Af on behalf of Travis >>>>>> Johnson" >>>>>> <af-boun...@afmug.com >>>>>> <mailto:af-boun...@afmug.com> on behalf of >>>>>> t...@ida.net <mailto:t...@ida.net>> wrote: >>>>>> >>>>>> How high can it go?? When do you sell?? >>>>>> What's a "fair" return?? >>>>>> >>>>>> Travis >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> -- >>>>>> >>>>>> -Louis >>>>>> >>>>>> NTInet >>>>>> O: 803-533-1660 X 207 <(803)%20533-1660> >>>>>> C: 803-997-0004 <(803)%20997-0004> >>>>>> >>>>> >>>>> >>>> >>>> >>> >>> >> >> > >