Arbitrage is hard because fiat transfers are slow and unreliable
It only proves $10,000 is not far away, Bitcoin is much more usefull for fast worldwide transfers
Topic: When will 1 BTC = $1,000 Prize Competition. - page 2. (Read 16610 times)
It is shame $1,000 hit BTCChina only.
Arbitrage is hard because fiat transfers are slow and unreliable
It only proves $10,000 is not far away, Bitcoin is much more usefull for fast worldwide transfers
Arbitrage is hard because fiat transfers are slow and unreliable
It only proves $10,000 is not far away, Bitcoin is much more usefull for fast worldwide transfers
27november 2013
Unless I missed something, nov 26th -30th are still left. If so, can I have those days? I cant send the money until I get home. I will be home in the next few hrs.
Nevermind. I just saw where entries are closed after $750
Unless I missed something, nov 26th -30th are still left. If so, can I have those days? I cant send the money until I get home. I will be home in the next few hrs.
But you don't have to take my word for it.
I'm traveling at very short notice & until I get to the States the first week of December I can't deal with it, sorry for the delay, it's for enjoyment so I'd rather do it when things were calm, I'll need to check that BTC-China really made it to $1,000 - I just copied the pic that someone posted - I assume that it's correct but need to verify, or others in the thread to do so would be better still, it's the biggest volume exchange atm so we aren't waiting for Mt. Gox or anything, I'll post this reply to your PM in the thread.
Sorry I have yet had time to even read the recent posts here.
Sorry I have yet had time to even read the recent posts here.
Why is this over?? Did we hit 1000 already? I must have been under a rock.
Did it hit 1000 on MtGox? (and volume?)
Did it hit 1000 on MtGox? (and volume?)
Thank you so much for running this contest, Otoh.
I am stunned that it is over this soon. Once again I learn that it is impossible to overestimate what bitcoin is capable of.
I am stunned that it is over this soon. Once again I learn that it is impossible to overestimate what bitcoin is capable of.
As soon as things are settled 0.5 BTC are coming your way.
Legendary, thanks
Thank you for being so good about this, dipsy.
It's better to be honest, there are already too many douchebags in Bitcoin.
I'll leave it to Otoh to sort out the formalities
Congrats again, you'll have a nice Christmas now!
As soon as things are settled 0.5 BTC are coming your way.
Thank you for being so good about this, dipsy.
Thank you for being so good about this, dipsy.
Ok, I gotta admit it's not looking too great for me. When I placed the bet, I didn't convert the BTCChina rate as thought we were basing off Gox.
- According to Bitcoinwisdom, there was a high of 4883.1 CNY at 17:40.
- At that time, XE.com says the CNY/USD price was 0.16415.
- Therefore, the price on BTCChina at 17.40 was $801.56.
My bet was placed at 19:47, so in theory I lose
Is Bitcoinwisdom a reliable source of historic price data? (& are my calculations right?!)
If so, then congrats to Equus!
If you'd like to be nice and refund my bet of BTC0.12, I'll think you're super cool
I definitely pledge to refund your Nov2013 contribution if this all goes my way.
BTC -> 1CoQec9q96FJJPDr9fJgRukFVPafziyUu5
Off to bed, good night!
- According to Bitcoinwisdom, there was a high of 4883.1 CNY at 17:40.
- At that time, XE.com says the CNY/USD price was 0.16415.
- Therefore, the price on BTCChina at 17.40 was $801.56.
My bet was placed at 19:47, so in theory I lose
Is Bitcoinwisdom a reliable source of historic price data? (& are my calculations right?!)
If so, then congrats to Equus!
If you'd like to be nice and refund my bet of BTC0.12, I'll think you're super cool
I definitely pledge to refund your Nov2013 contribution if this all goes my way.
BTC -> 1CoQec9q96FJJPDr9fJgRukFVPafziyUu5
Off to bed, good night!
As I'm also super busy tomorrow, there may be some lag, moving house, traveling to 3 countries over the next two weeks - including transatlantic relocation for 3 months, also a ton of deals to complete, so please bear with me, if you guys can check out the timing of the bets & when we hit $750 I'd much appreciate a consensus on that.
This is just the tip of the iceberg of what's been going down today, most still not listed & some I won't anyway as I've proved my rep & no need: https://sites.google.com/site/hannahlogo/10-buying-litecoins-direct-from-me
Take your time. There is no rush.
11/19/2013
Ladies and gentlemen. We have a winner!
11/19/2013
That is very gracious of you, dipsy, but I think you will find from a careful reading of the thread that although we talked about increasing the cut-off to $750, it was never actually changed. I believe the final word is below.
Otoh wisely went to great lengths to write clear rules in the original post to cover every eventuality he could think of, and although the rules show a change from a date cut-off to a $500 cut-off, they were never updated again.
I will, of course, submit to your judgement, Otoh.
I gave my brother 15 BTC for Christmas in 2011, and split another 1 BTC into paper wallets for friends and family when it was "only" worth $200. If only I had kept more for myself. Imagine what kind of Christmas present this pot could buy for my 2-year-old. Oh what a large turkey we would have this year. She is tiny. If only she were crippled... Am I laying it on too thick now?
I'm cool with $750, 1 vote so far from participants for that, 2 if you count me - I'm going to play but am letting others choose any of the more likely dates first.
Otoh wisely went to great lengths to write clear rules in the original post to cover every eventuality he could think of, and although the rules show a change from a date cut-off to a $500 cut-off, they were never updated again.
I will, of course, submit to your judgement, Otoh.
I gave my brother 15 BTC for Christmas in 2011, and split another 1 BTC into paper wallets for friends and family when it was "only" worth $200. If only I had kept more for myself. Imagine what kind of Christmas present this pot could buy for my 2-year-old. Oh what a large turkey we would have this year. She is tiny. If only she were crippled... Am I laying it on too thick now?
Hi, I'll update tomorrow, so so crazy busy atm....
& adjudicate re dipsy's bet being placed before or after $750 reached.
& adjudicate re dipsy's bet being placed before or after $750 reached.
Thanks
edit: I can't believe the price has moved so fast, crazy times and great news for all of us!
As I'm also super busy tomorrow, there may be some lag, moving house, traveling to 3 countries over the next two weeks - including transatlantic relocation for 3 months, also a ton of deals to complete, so please bear with me, if you guys can check out the timing of the bets & when we hit $750 I'd much appreciate a consensus on that.
This is just the tip of the iceberg of what's been going down today, most still not listed & some I won't anyway as I've proved my rep & no need: https://sites.google.com/site/hannahlogo/10-buying-litecoins-direct-from-me
Hi, I'll update tomorrow, so so crazy busy atm....
& adjudicate re dipsy's bet being placed before or after $750 reached.
& adjudicate re dipsy's bet being placed before or after $750 reached.
Thanks
edit: I can't believe the price has moved so fast, crazy times and great news for all of us!
I am way too cheap not to self-represent. Actually this pot would double my bitcoin stash and pay off my student loan. (Also make up for the fact that I have been waiting since last week for my dollars to arrive at CaVirtex.)
Hehe, we all want more BTC
I'll tell you what, because I'm a nice guy and it can help your student loan, I'll give you BTC1 + your original stake of BTC0.05 if $1000 lands within my days (& Otoh validates my bet of course).
I just realized that this thread was made only 3 weeks ago
Anyway you may close the poll now because bitcoin is 1000$ in China.
Cheers
Anyway you may close the poll now because bitcoin is 1000$ in China.
Cheers
Hi, I'll update tomorrow, so so crazy busy atm....
& adjudicate re dipsy's bet being placed before or after $750 reached.
& adjudicate re dipsy's bet being placed before or after $750 reached.
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