Recent content by Avid_Consumer

Forgive my ignorance. It seems OTCBB and Pink Sheet stocks break down into two categories: 1. Stocks formerly listed on major exchanges that failed to meet minimum requirements and were demoted to OTCBB/pink. 2. Stocks that are new, development stage companies. Evaluating...

expanding on Lorax's mention of hedging- commodity producers generally hedge their output... so you have a few factors at play here that can cause a producer's price to deviate substantially from the price of the underlying product: 1. what's in their hedge portfolio? could have optionality...

IMHO what we're witnessing is a glaring defect in the binary US political system whereby two parties benefit from policies that create short term political gain, with long/mid term unsustainable costs, optimally targeted/timed to screw the other party. No surprise there. The production...

is the supposition that the primary exchange founder hacked his clients to sell and withdraw their accounts? i haven't poured through the details, but it sounds like the concensus is that the gox hacker walked with about $1000. meanwhile, the gox exchange was transacting something like...

fascinating experiment, these bitcoins. yeah that's real. (i think) the mt gox exchange password db was hacked, and starting from the largest accounts downward, the hack executed market sell orders, chewed straight through the order book, then rapidly attempted to withdraw the accounts...

sooo... mt gox, the primary liquidity center, was compromised. i'm no security expert by a longshot, but it sounds like nothing close to commercial grade security was in use at mt gox. the idea took off at light speed, and it looks like a spirited, enterprising hobbyist's experience and...

this theft is an interesting development. explains the precipitous drop on monday. definitely exposes some glaring weaknesses in the current implementation. LeeD and others may be right about weaknesses in the security level of BTC architecture i'm wondering... why is the price...

at the end of the day, i'm still planning to buy bitcoins. i hope they bottom out on terrible news. it's a smart, timely idea, cleverly implemented. i believe it was founded in principle, not as an ingenious scam. could be wrong, but i don't think the founding holders did this to cash in...

Reading this, the US government sounds kind of, um.... oppressive. could i be put in jail for 20 years or fined $500,000 for transacting paper USD with a criminal without knowing they were a criminal? everyone reading this has probably participated in such a transaction.

so... bitcoins are trading about 50% higher than yesterday?

lol that reminds me of the dawn of ecommerce. money? on the internet??

i guess the question is, how is BTC different from the anonymity of paper USD? schumer has already called it a laundering vehicle.

gotta love an underdog, with a senator against, the silk road association, etc the real question in my mind, will the current 100M-ish in USD/BTC liquidity find a commercial home outside the silk road story? i kind of lean that it probably will. it's a nudge bigger than a fad. granted...