[Noisebridge-discuss] I am selling Noisebridge's pretty bitcoin collection, btw

[Martin Bogomolni]

True, but we also crossed the "bit divide" and they have gotten
proportionally rarer to mine.   This was an expected doubling of value,
although I expect them to level out at around $70 or so once this run
finishes up.

Also, people have started 'backing' bitcoins with external currencies, and
large trading posts such as MtGox now have fairly deep reserves to draw on
to exchange BitCoin to other currencies.   With the advent of BitInstant's
debit card, BitCoin has gotten a lot more fungible back and forth from US
currency, and that also is lending some stability.

-M


On Fri, Mar 29, 2013 at 2:06 PM, Jayson Elliot <jayson at gygaxmagazine.com>wrote:

> Now is definitely the time to offload the bitcoins. I ditched mine when
> they were "only" at $45, and I feel I did well. They've been up at this
> level before, and it took almost two years for them to recover from a
> massive crash not long after.
>
>
>
>
> On Fri, Mar 29, 2013 at 3:04 PM, Danny O'Brien <danny at spesh.com> wrote:
>
>> I figure $89 per bit is as good a deal as any (technically I already
>> sold Noisebridge's bitcoins a month ago at $30 but fortunately it is all
>> fungible and Noisebridge's bitcoin wallet is inside my Bitcoin wallet
>> and I just declared those sold bitcoins are *my* sold bitcoins, if you
>> see what I mean).
>>
>> We had 4.46219 bitcoins, making it, ahhh hell let's round it up to $400.
>>
>> If you think I am selling too soon, simply send us more Bitcoins at
>>
>> 1B5sJQ6Wu6AmK9xG5YTic4Nszw4PS7UMAM
>>
>> and I will keep those ones for another six months.
>>
>> PS Everybody asks us to offer bitcoins, but very people actually send us
>> bitcoins, in the same way that a bunch of people asked for WePay, but
>> the total amount we've got from the public via WePay so far is in fact
>> $1*. Come on, bitcoin and wepay people! Show you're better than those
>> Paypal galoots!
>>
>> d.
>>
>> * Actually that is not true. We also got $10 from me via WePay because I
>>   had to test the system and also was being hypocritical in not upping
>>   my donation by ten bucks. And someone not a million miles from Metalab
>>   chipped into keep Noisebridge alive to the sum of $160 a month, but
>>   asked for WePay, so I set it up. Too much transparency!
>> _______________________________________________
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>>
>
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