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The Nelson Credit Union
- Details
- Written by: Rod Boyle
- Category: Miscellany
- Hits: 1975
$100 Deposit, $25.00 Membership Fee, I'm a new member. As a new member I immediately attempted to vote against the membership fee and the $100.00 deposit, to no avail. Apparently they don't check with your other banks, I think I'm in pretty good standing at the ATB, although my account is rather empty, but first steps...got a job, got a bank account, now all I need is a place to live and I'll be set. Closer to town would be ideal, in town would be perfect (but a bit of a drive to work, work, however, is only a necessity until I find the gold, which is nearer and nearer every day...)...
HIndsight
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- Written by: Rod Boyle
- Category: Ideas & Questions
- Hits: 2237
is 20/20 vision. I'm, of course far sighted, and frequently miss what's right under my nose. Like the chance to buy real estate in Old Glenora in the mid 80's, and again in Calgary in the early 90's. My fortune would be made. And, of course, my failure to invest in Bitcoin - I remember reading about it when it first came out, thought it was a curious idea, but didn't stump up the cash. If I had I'd be worth Millions...
Bitcoin's big rally pushes prices to record highs
Monday marks the seven-year anniversary of Bitcoin Pizza Day – the moment a programmer named Laszlo Hanyecz spent 10,000 bitcoin on two Papa John's pizzas.
More important than the episode being widely recognized as the first transaction using the cryptocurrency is what it tells us about the bitcoin rally that saw it break through the $2,100 and $2,200 marks on Monday.
Bitcoin was trading as high as $2,251.61 midday Monday, hitting a fresh record high, after first powering through the $2,000 barrier over the weekend, according to CoinDesk data.
On May 22, 2010, Hanyecz asked a fellow enthusiast on a bitcoin forum to accept 10,000 bitcoin for two Papa John's Pizzas. At the time, Hanyecz believed that the coins he had "mined" on his computer were worth around 0.003 cents each.
Bitcoin mining involves solving a complex mathematical solution with the miner being rewarded in bitcoin. This is how Hanyecz got his initial coins.
The cryptocurrency has many doubters as it continues to be associated with criminal activity, but it has still seen a stunning rally. Here are two facts, on Bitcoin Pizza Day, however, that highlight this:
- While being worth $30 at the time, Hanyecz pizzas would now cost $22.5 million at current bitcoin prices.
- If you bought $100 of bitcoin at the 0.003 cent price on May 22, 2010, you'd now be sitting on around $75 million.
Link: http://www.cnbc.com/2017/05/22/bitcoin-price-hits-fresh-record-high-above-2100.html
AND, Somebody even more miserable than I: https://www.gizmodo.com.au/2017/05/i-threw-away-4-8-million-in-bitcoin/
Talking with R**
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- Written by: Rod Boyle
- Category: Conversations
- Hits: 1205
I'm talking with R**, #4 of 5 (R#3 is his father, R#5 is his son). He's talking about the fixed income plan being trialed down in Ontario, whereby a family of 4 receives a guaranteed annual income of roughly $32,000.
"Nobody will ever want to work..." He's telling me..."I've never earned that much money in my life...".
He's my boss. I gotta keep looking for gold...
May 27th Garage Sales in Nelson
- Details
- Written by: Rod Boyle
- Category: Found
- Hits: 1873
A successful mornings garage saling: 4 Books, Brautigan, 2 by Bukowski, After Dark by Murakami, Lead fishing weight (1 lb, what for I wonder?), antique ruler, oilcan, 2 antique Parker fountain pens and 1 gold mechanical pencil, 2 Scheaffer ballpoint pens, vintage watches...All in all a fine beginning to the day, and a whole town full of garage sales tomorrow in Ymir...
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