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Consider building exposure through http://www.etsy.com/sell On your page there link back to your main personal page as to avoid fee's. Consider accepting Bitcoin (along with using the coinbase service so you're just getting AUD if you don't want to fiddle with the crypto currency side of it) https://coinbase.com ...That'll allow you to keep more of your money when selling Best of luck!

Yea golds good, just don't get burgled or try take too much out of the country. You'll have just as much trouble spending your gold at a random shop though. No need to lock the thread tho..I think we've wrapped up our discussion, but we should leave it open in the case of any other developments. Ciao

Yea, they're great for kinda circumventing U.S anti online online gambling laws and such as well that it's pretty much instantaneous winnings. Just a reminder, I'm not a professional investor or anything, I just hold a strong opinion on the potential value of this idea. By 2020, they'll have been around for 11 years by this time I'd imagine there to be quite a bit of ironing out of issues, more user friendly interfaces and services to less tech inclined people (Bitcoin right now is like Netscape...we're a while off seeing some real 'browsers' like modern days fireFox and Chrome)...So providing they're not placed under some sort of worldwide regulation (which wouldn't kill Bitcoin, but would hinder it's progress) ...I know this is a bit of a wishy washy statement, but 2020 they'll be either worth a lot (500+) or very little (<20)... Unlikley to stay inbetween due to them now having a far longer presense in the public eeye and no longer being a foreign, untrusted and untested idea. in the eyes of many. Finnaly it'll have a bit of a track record to demonstrate it's long term viability (went from <from $2 to 32 then back to $2....then another climb to >200 down to <50 and back to >100) While it shows how wildly it can fluctuate, yet still not be affected long term from such drastic changes in price...You know, it gives new buyers a chance to get buy them at a comparatively cheaper price during dips. So many people thought 30 was overvalued...then when it hit 80 they're like ok when they crash down to 40 I'll buy them...then they hit 100 ok when they crash 80 I'll buy em... I'm ranting now. 1.1ghs miner is... still profitable if you're electricity isn't too expensive... I think at the current difficulty you'd get about .05 btc per day ... so $5-6 a day. Some people use their mining rigs as heaters during winter instead of running their real one. They're getting superseded pretty quickly though with butterflylabs miners, avalon asics ..might be some other companies producing dedicated miners (So I'd turn it into cash if I were you) The future is easy to make a prediction on, but near impossible to get it 100% right...Too many factors . anyway yeahhh

I understand, you're not trying to be a prick, neither am I. A heated debate is always good to surface some issues. Long term investment - I mean you can't expect it to be full realized as a suitable alternative / co-currency overnight. Everyday there are more and more places that are adopting bitcoin. The more places, the more it can grow and demonstrates is benefits to merchants through lesser fee's than accepting credit cards and paypal. eg. Some recent adopters. https://digideals.com.au -- An Australian tech company that accepts Bitcoins http://www.gyft.com/ -- gift cards for various major business' that can be purchased with bitcoin. http://blog.coinbase.com/post/50022567203/humble-bundle-now-accepting-bitcoin-using-coinbase -- Humble bundle games (many of it's games work on a pay what you like deal which when paying tiny amounts on credit card really sting the end profit margin. BTC is perfect for these sorts of micro (or macro) payments. Not only is it great as a currency but inbuilt into bitcoin there are some VERY interesting, attributes that allow it to be used for cool things like smart property, decentralized exchanges, advanced automated escrow for disputes, claimable bounties, no risk lending and borrowing and a plethora of other things. It's only a matter of time before we see these being developed more seriously rather than just proof of concept programs such as 'colored coins' A video on it's expansive other properties. As I said before, if silkroad goes down, another 5 will pop up trying to grab that open and extremely valuable market share. Silkroad is not a.. hard to reproduce thing.. It's a ebay for drugs using Bitcoin residing on the TOR network. What's hard to reproduce about it is a user base. That will migrate to whatever demonstrates to be the best in the event of silkroad going away. If silkroad goes down...you'll see a market price drop from panic sellers, but I assure you that'll be a good time to buy (unless it's due to a serious flaw in the TOR protocol that eliminates anonymity) ...But TOR has been around for a long time, updated heavily, has a good history of resilience to this...considering it contains some much more sinister things than drug market places. Right now Bitcoins are good for buying and holding. As Well as the occasional spending (like on the sites newly accepting bitcoin above) which (as well as discounting when buying with btc because of the creditcard fee lacking) encourages more business to adopt from a successful example. Bitcoin is still very young, it's growing into it's shoes well but by no means are they a perfect fit yet.

You're actions as a an investor make you a speculator, through both buying and selling to try an achieve the most profit. Wiki def'n - One who speculates; as in investing, one who is willing to take volatile risks upon invested principle for the potential of substantial returns. So no need to take offence to that term. You're in Bitcoin as an investment vehicle - So by all means do whatever you think will $ you up the most. For me, It's a long term investment, I'm sure my I.T profession, along with my interest in economics, particularly siding with that of the Austrian school makes me hold faith in, not only it's ability to penetrate a larger global market but also to more and more be realized as a necessary alternative to today's reserve banking, pro-inflation and covert fractional reserve banking done by normal banks. People are waking up to the truth about where this money is going, who it's benefiting and who's pockets it's ultimately being taken from. I care very little for the current price and am happy to continue holding and cashing out willy nilly as I spend on Bitcoin related services. I also shouldn't really need to point this out but Enron and Bitcoin are apples and ... space bananas. A company can go bankrupt, be mismanaged, apart of a scandal, have negative yearly profit. Bitcoin is more like Gold than a company stock. It can only be priced as low as somebody is willing to sell it for and can only go as high as somebody is willing to buy it for. Them being worth .00001 cents / btc doesn't change what they're good at. A company that goes bankrupt however has shares that are obsolete / worthless. . 'keep going down' ...Implying that over the last 2 months from being at $44 to now $112 is going down... or 20-112 in the last 3. These aren't a get rich quick scheme for me and my 'couple of coins' are doing just fine. I'm not going to mention how many I own on a public forum like this but I've had a keen interest in Bitcoin from the early days, and all I wanted to do was share that insight here when I posted about them back in September. Anyway, I guess we'll have to agree to disagree and let the future demonstrate what's the real deal with these things. But if I were you i wouldn't take all your eggs out of this e-basket at least keep one...Or keep mining...Or just sell it on https://www.bitmit.net or just regular ebay.

In Aus dollar terms the crash was like this- high: 248.50 low: 46.99. This started at say.. Feb 11 $20 Feb 26 $30 Mar 19 $50 25th-apr 10 : 65,80,120, 140,176,200,237- That kind of growth, compared to the previous weeks was fear inducing to all the speculators, hence so many panic sells when a downward trend started to appear. This is not a typical fluctuation, on a more average set of days you see the price go about $7 either way. In my opinion, if you've been trading them for three years (not only should you be loaded if you bought in 2010) but you're just being a clueless speculator. These are long term investments...I mean by all means if you've made enough to cover your initial investment withdraw that so you have 'nothing' to lose, that's what I've done. For something that the most you can lose is 100% of the initial 'bet' but have the opportunity to realize gains that has no determined roof (but a very real potential for 1000s per btc if it can capture even 1% of the global market) then they're some odds you ain't gonna see in any casino for a good reason. Your sell off did not cause a $40 drop. You were part of a wave of sellers (Unless you're now some sort of multi millionaire) MtGox does not set the price of btc, that's delusional. They match Bids to Asks. They are however the main refferernce point for many to determine the current market price as it is one of the most widely used exchanges. Silkroad isn't as big of a deal to Bitcoin as you imagine. Drugs incl. other illegal trades however do play a part. Silkroad is a btc based marketplace, there are many clones on TOR just like it. it simply has the largest market share of drugs deals and the highest level of user trust as well as media attention. If silkroad is shutdown I guarantee another for of the market place will pop up...Not necessarily under the same name or owner but the demand for it will be met. Not that it's any danger of disappearing anytime soon anyway. I don't mean to polorize this discussion so much, but I'm just finding many of your statements to be too uninformed. anyway, peace man

Wow, didn't realize this thread took off! Thought it'd died and my casual 'hey Bitcoins changed by x% this week, you should take the time to check em' out' line was getting tiresome. Glad to see at least some discussion surrounding them. Firstly I'd like to address the comments regarding it's heavy fluctuations particularly the largest so called bubble pop from 266 to >60 for a short period. This is largely due to the centralization of trading done by MtGox as at0m correctly pointed out. This gives attackers the ability to clog up the market with DDOS attacks and flooding with micro trades -> leads to trade engine lag. There where points during this where the lag was upwards of 1000 seconds. That's like placing your buy or sell order and gambling that in 1000 seconds it'll still be a wise move (based on the motives you originally had) ... It severely perpetuated panic sells dropping the price quite a bit, while only the attackers could know when to buy at the lowest point (once they stop the flooding) ...MtGox has implemented more protective measures after this and a subsequent attack after this demonstrated to be less than effective. (This attacker/group/botnet owner/rentee) has moved onto other targets like the silkroad, bitcoin store , maybe others asking for 5000...However nobody has complied with these demands. What is REALLY the important factor here is what the current situation is now. While a 3 day 150% increase up to the 266 mark was in itself unsustainable growth it doesn't mean that's anywhere near the roof of Bitcoins value. By it demonstrating is resilience to a 80% drop with a recovery back sitting at $114~ atm it's achieved a feat no other business or company could dream of. It's value is somewhat irrelevant right now. It's main features that are essentially what gives it's 'intrinsic' value have not changed. It has all the properties it had to begin with, what gave rise to it's value initially. It is still in it's infancy, so with such a comparatively low market cap (even if it has surpassed a billion dolars) it needs time to grow, to make individuals less capable of market gaming before it can stabilize. Every day new infrastructure is being built around BTC, new software, new business accepting, new addopters, new innovations on it's uses and more and more we're seeing more NEED for it. (With the introduction of certain laws infringing on privacy, inflation and monetary mismanagement in the case of Iran and Argentinas hyper inflation, Cyprus' bank account funds confiscation, America...just America and everything about where it's heading. Accepting Bitcoin without assuming the risk of it's fluctuations is easy..as soon as you get any Bitcoin, convert it (like with Bitpay etc) $1 worth of bitcoin is $1... This is a purely ignorant, content-less and FUD spreading post, why. The technology of Bitcoin is unprecedented, you can own Bitcoin more than you can own a car or your house, you lose lose it more easily too if you're not wise enough to back it up to multiple locations too So while Bitcoin may not be the sole currency of the future Crypto currencies are definitely here to stay. The future is looking much brighter with this kind of power now in the hands of the people, we just need to start wielding it properly.

Just another bump I'm sorry, but now that they've reached parity with their previous all time high hovering around $33 - $34. Seriously, a single Bitcoin is more valuable than an ounce of silver at current prices! Bitcoin isn't going to disappear anytime soon, I urge you to look into it. I truly only want what is best for the community here and globally and bitcoin is a very very real way of achieving this. again, thanks for your time reading this. peace

I'd Just like to bump this topic again. It's been about 5 months since I originally posted about Bitcoin. They were $11.80 and have since climbed and climbed to about $21 aud / per btc. I'm not going to say I told you so, but perhaps this will merit another overview of it. Bitcoin would suit this site perfectly, allowing for transactions between members within minutes paving the way for more streamlined and confident trading. Along with holding funds in a currency/commodity with huge growth potential as its user base growths through the realization of its usefulness. Bitcoin is a liberating of currency from the corruption of current government issued fiat that is essentially stealing straight from your pocket in relation to the % inflation rate each year. Along with fractional reserve banking methods that cause economic instability because they simply don't have as much money as they claim to, so when push comes to shove and they need to pay out...they have none, requiring to either default and dissolve the failed bank (because of it's failed practices) or for the gov to buy it out through the creation of more money out of thin air (that's actually out of your pocket). It's time we took action to prevent this ever expanding plague of government interference, coercion and special interest funding by taking control of our money, the peoples money and become our own banks. Again, I'm willing to answer any questions I can - interested to hear any of your thoughts or criticisms on the matter. Thanks p.s I realize I may sound like a fanatic, but I truly believe this world can become a better place and none of that can happen while we're not using sound money because otherwise that power is manipulated - certaintly not for the benefit of all

Environmentally friendly / efficient:* In comparison to current methods / infrastructure being used.

Yes, it's currently fairly unstable. In any given day its not uncommon for the prices to fluctuate 10-20 cents either way. However I wouldn't call it easy to manipulate the market. 10021400 bitcoins now exist. ~$118 million aud Yes, scammers are very present in the BC community. However they use the exact same techniques (high interest investments etc) So by following the - If it sounds too good to be true it probably is - rule, you'll be fairly safe. Common sense is your shield. It's at a fairly low level of adoption currently, which is one of the main issues for it. The practical uses of it are being developed... But if you've ever heard of the infamous tor site The Silkroad, and its level of success it is a good example of a functioning free market and the benefits of a reputation system and feedback for a not reversable currency.

ahhhh quickly!! PM'd

25 for $75 wow great deal they all look perdy awesome. Any chance of a price for just 10? Would these need re potting or..How long do you think they could stay in their original pots? haha, please don't run out of them before I commit to the buy!

yep, Next gets - VVVVV B+(microscope only)VVVVV

No...You should be able to answer that question bigred. It was directed at you. Did you receive a trade? If so, do you have anything to offer?

Yes! This thread's moving again! I'll snap up the MDK. Thanks DreamTimeBliss! Next gets - VVVVV B+(microscope only)VVVVV edit... Wait..or is it? Did you get the MDK bigred82, or is it still the current offer

Does using the peroxide solution an any way affect or hinder a live mycellium culture or spores health/viability. I Might have to try this with my next batch of edibles, the PC time for doing all the jars (I've got a small one) is too long to ensure 100% sterilization for me..This could help.

My experiments with this may also be helpful... Daily cannabis use for 1+ month = Lucid dreaming decreased significantly Cold turkey break for 1-3(minimum) days = A flood of lucidity that then tapered off gradually Calea + cannabis = little / no lucid experience increase Calea + cannabis break = Significant increase in lucid dream occurrence. ...I've only started trying some Valerian root powder before bed and it feels a little inconsistent with its results So perhaps if you're not already doing so, just ingest the Calea with no other variables. Lucid dreaming is just incredible...Really demonstrates how infinitely powerful the brain can be. Good luck!

Appeared today, So happy! Thanks so much Shamanistic!

Another lil' trick I use atm for drying uses kitty litter You can get a bag for like $6 of the silica gel kitty litter from coles/safeway/kmart (the resealable top ones are the best) I half the bag into just another couple of large ziplock bags So I don't have to mix fresh mushrooms with 3/4 dry ones etc... I have a bunch of spent no2 cartridges that are just scatter inside the bag, so it allows plenty of airspace between everything but also prevents the mushies touching the silica gel and getting stuck to them. (Annoying to pick them off even though when they are in contact with them they do try considerably faster) I don't have much of a fan setup so just using a blow dryer to get rid of the initial water content helps then just letting the desiccants do the rest seems to work good for me :D

Dunno if this will be useful to anyone but while fruiting, I placed a bunch of toothpicks into the substrate (WBS and verm casing) then misted misted as usual. Once the toothpicks where saturated the mycellium took quite a liking to them and encased fairly solidly the lower portion of them. Using the straw in an envelope technique somebody posed in another thread It looks to be a very efficient way of spreading these these myco specimens instead of spore prints n such.

yes please! Haha slowly my cactus garden grows! pm'd, Thanks

Ferments...I would have thought any alcohol would inhibit the myc's growth, although I guess it would aid in the sterilization...? Are you sure it wasn't pasteurization or something, which is like boiling water + straw (or whatever substrate) to kill enough of the 'bad' things living on it but leaving some of the beneficial microbes etc on it so your mycellium has time to take hold before it all gets a mold on it.

ALDI stores have some cheap electronic pressure cookers atm too. Around $50 if I'm not mistaken. I've found some great jars to use for grain ... Salsa jars :D They stack and store very well in the pressure cooker and incubator I just perma leave foil on the top of them with no problems but I'm sure tyveking the holes and discarding the foil after a PC would be just as good if not better. Another thing I've just recently found after getting into a bit of a yogurt habit, is that both the lid and the container part are PP 5 plastic. I've tested its durability in the microwave, but not the PC. Still pondering at what these could be most useful for...Any ideas?

haha chill man, I'm sure it's plain to see zelly has over reacted to a situation that would have ended the same anyway (since you were logically not wishing to send the fruits overseas) I hope your jimmies didn't get too rustled.