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1121  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: November 13, 2013, 07:44:45 PM
To the Mastercoin experts: I made a mistake and instead of sending the 0.00006 to the three address that Mastercoin Advisor game in the same transaction, I did THREE separate transactions... How big is the mistake? did I lose any MSC?

1122  Economy / Service Discussion / Re: If you used Brainwallet.org - MUST READ! - Security Breach! on: November 12, 2013, 04:31:26 PM
Does anyone know how difficult it is to find your passphrase if they know your private key?

It depends on the passphrase Cheesy
1123  Economy / Auctions / Re: 4 KnC Jupiters +/- 550GH/s stable, IN HAND - IMMEDIATE DELIVERY on: November 12, 2013, 09:03:31 AM
Units sold in private just below my reserve price (at 100BTC all four).

Thanks to all for bidding and please understand that this outcome is expected when the reserve price clearly stated in the OP is not met.
1124  Economy / Auctions / Re: 4 KnC Jupiters +/- 550GH/s stable, IN HAND - IMMEDIATE DELIVERY on: November 11, 2013, 12:07:27 PM
Hi all,

Best bid is way below my reserve price (26BTC), and after some thought I've decided not to sell the units below that reserve price.

I hope nobody feels bad for this, the main purpose of having a reserve price is precisely to have the right to not to sell below that price. If the reserve price would have been met I would have considered the units automatically sold, but unfortunately it's not the case.

Thank you all for your time.

R
1125  Economy / Auctions / Re: 4 KnC Jupiters +/- 550GH/s stable, IN HAND - IMMEDIATE DELIVERY on: November 11, 2013, 07:23:48 AM
1@20.5 + SHIP

minimum increment 1 btc.

auction ends in 3h 30m aprox.
1126  Economy / Auctions / Re: 4 KnC Jupiters +/- 550GH/s stable, IN HAND - IMMEDIATE DELIVERY on: November 10, 2013, 11:29:07 PM
Best bid so far

4@20 bitdaniel
1127  Economy / Auctions / Re: 4 KnC Jupiters +/- 550GH/s stable, IN HAND - IMMEDIATE DELIVERY on: November 10, 2013, 11:28:34 PM
Top bids so far:

1@15 alfabitcoin
1@13 jammetr
2@12 bobsag3

Reminders:

- reserve price is 26 BTC per unit
- auction ends on Monday, 11th November at 11:00 UTC

With a large amount of KnCs with known core issues, have you had any issues with these ones?  They all hash at 550+/-?  What firmware, 0.98?



Firmware 0.98, no issues whatsoever and running at 550GH/s or more
1128  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2013, 11:48:41 AM
Meanwhile fiat on Bitstamp is growing every single minute, $6.5M now and counting. Just waiting for the bomb to go off. Wink


and you know what's on Stamp because of...what?

order book?

lol...

Fiat on stamp's order book is growing by the minute, that's a fact and while we all know that the total amount of fiat on an exchange is higher than the fiat on its order book, the latter is the only parameter we have to "guessestimate" the "fiat on Stamp" or the "fiat on any other exchange".
1129  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2013, 11:39:42 AM
Well, the good old weekend dip is back. I almost forgot that 95% of my BTC were bought on "weekend dips" Cheesy

Me too! Should have sold a couple hundred yesterday at $380, would have woken up VERY happy this morning.

I suspect though tomorrow will be crazy- with all the Fiat coming in people are going to be super excited to have a chance to buy in cheaper.

Meanwhile fiat on Bitstamp is growing every single minute, $6.5M now and counting. Just waiting for the bomb to go off. Wink

Right. And weekend dips are a GOOD thing. The faster it goes up without a correction, the quicker the mania will become panic. In the short term price discovery cannot be = to sustained parabolic growth.

Making a long story short: the more dips and corrections we have on the way, the more likely we will go through $1,000 like a hot knife through butter and we won't ever be looking back Wink
1130  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2013, 10:58:33 AM
Well, the good old weekend dip is back. I almost forgot that 95% of my BTC were bought on "weekend dips" Cheesy
1131  Bitcoin / Armory / Re: RAM-Reduction & Backup Center Testing (version 0.89.99.8) on: November 10, 2013, 10:57:19 AM
Update:  0.89.99.10-testing

Windows 0.89.99.10-testing:  Download the NSIS installer
Ubuntu 0.89.99.10-testing:  checkout and build "testing" branch (see instruction in first post)
Mac/OSX 0.89.99.10-testing:  Download the ArmoryQt.app for OSX

What's new:

  • (1) For my life, I cannot figure out the orphan chain bug.  It is very complicated to debug even with the tools I've got right now.  Instead, I work around it by detecting it and rebuilding the databases when it happens.  This won't solve it for everyone, but it does happen most often if a build/update is interrupted, so perhaps it won't be an issue if you're nice to Armory Smiley  For now, I don't see another way that gets me to a release in the near future.
  • (2) Thanks to CircusPeanut, this version of Armory detects non-standard signature padding and corrects it before broadcasting!  If you had trouble broadcasting transactions from an offline computer runnning an old version of Armory, updating the online computer to this version will allow your offline tx to work again!
  • (3) Goatpig helped update the "bitcoin:" URI-handling in both Linux and Windows.  I have no idea if it works:  try it!  (both with Armory open, and without)
  • (4) Added three new items to the "Help" menu:
        "Clear Unconfirmed Transactions" (mempoool.bin)
        "Rescan Databases"
        "Rebuild and Rescan Databases"
    All three operations require restarting Armory, and signal to it by touching a file in the ARMORY_HOME_DIR -- meaning you can do it yourself externally.  You can simply touch "clearmempool.txt", 'rebuild.txt' or "rescan.txt".  The file will trigger the appropriate behave and then be deleted so it doesn't trigger on the next load.
  • (5) Added a popup to warn users about sending money to their Armory wallet without ever getting online first.  This should prevent users dumping money in before they realize that it doesn't work on their system.
  • (6) Fixed the "memory pool file is corrupt" messages on Windows.  It should now successfully save zero-conf transactions between loads.
  • (7) If a rebuild operation is interrupted, Armory usually picks up where it left off when it restarted... but the meter would reset to 0% giving the user the impression it is starting from scratch.  That has been fixed.

News on OSX:

The OSX recipe prepared by picobit that i used to compile the OSX testing version, appears to be pretty unreliable on some systems, with lots of crashing.  It appears that, with enough effort, you can eventually get out of Armory what you need, but will likely involve lots of restarting and rescanning.  

The good news is that it appears this is a known problem affecting the combo of PyQt4 & OSX 10.9.  Not sure when there will be a fix, but even without fixed PyQt4 binaries, I might be able to work around it (it has to do with nested modal dialogs).  Therefore, I suspect the issue is not picobit's recipe -- even if I rebuilt higuys' package for 10.9, it would likely still be unreliable.

Message Signing!
Almost... should be in the next testing version.  I hadn't planned on including it in this release, but getting this release out has taken so long that it gave me time to delegate that integration to CircusPeanut.  Will include a Bitcoin-Qt compatible version, as well as an Armory-specific version that is based on RFC2440, so I'm hoping that others will feel inspired to support it (it's makes much more sense than the bare signatures).

Wow, the last OSX version works even better than the previous one. On 10.8.5 (no Mavericks for me, it screws up my system) with 8GB RAM it takes only a few seconds to boot up! The screwed fonts are also gone.

One question Alan: are these testing version safe to be used to manage our funds, or are they supposed to be used for pure testing only on testnet? I wouldn't like to screw up Smiley
1132  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2013, 10:08:12 AM
Looks like Europe will be waking up just a little bit to late to actually profit from this short opportunity.
As various others have said here, holding seems to have been the most profitable action anyone could have taken throughout the last six months four years

Fixed for you.
1133  Local / España / Re: Vendo KnC Jupiter hasheando estable a +550GH/s, DISPONIBILIDAD IMMEDIATA on: November 09, 2013, 08:54:03 PM
Precio actualizado, múltiples unidades disponibles.
1134  Economy / Auctions / Re: 4 KnC Jupiters +/- 550GH/s stable, IN HAND - IMMEDIATE DELIVERY on: November 09, 2013, 08:49:42 PM
Top bids so far:

1@15 alfabitcoin
1@13 jammetr
2@12 bobsag3

Reminders:

- reserve price is 26 BTC per unit
- auction ends on Monday, 11th November at 11:00 UTC
1135  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 06:48:23 PM
On the weekly chart we are just now starting to see the kind of growth that characterized mid to late March. (33% now vs 35%-46% then)

If things play out the same way now that they did then, we've got about 3 weeks left before some major exchange melts down and causes a panic.
In March, we went +55% in 4 days from 47$ to 73$ :
http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2013-03-18zeg2013-03-21ztgSzm1g10zm2g25zvzp

In the last 4 days, we went +59% from 169€ to 269€.

Wow, you may be right, maybe this bubble WON'T pop! (right now) I should have checked previous bitcoin increases more thoroughly...

Well, I guess in that case I'll just diversify into gold and silver with those "useless" € I just got trying to sell at the top...

Add to my math, but keeping it simple. If we do 266(top)/73 = 3.64
Then we can say X/269=3.64...   X= $980
Is that our top?  Grin

I have to say that's the top I have in my mind. My initial plan is to realize some profits at $700, and some more at $970. I mean... x30 profit on average is good enough to cash in some fiat for me. But I will keep most of my BTC stash for the long run Smiley
1136  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 06:42:17 PM
On the weekly chart we are just now starting to see the kind of growth that characterized mid to late March. (33% now vs 35%-46% then)

If things play out the same way now that they did then, we've got about 3 weeks left before some major exchange melts down and causes a panic.
In March, we went +55% in 4 days from 47$ to 73$ :
http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2013-03-18zeg2013-03-21ztgSzm1g10zm2g25zvzp

In the last 4 days, we went +59% from 169€ to 269€.

Wow, you may be right, maybe this bubble WON'T pop! (right now) I should have checked previous bitcoin increases more thoroughly...

Well, I guess in that case I'll just diversify into gold and silver with those "useless" € I just got trying to sell at the top...

Why is it so hard to buy back in with a loss?

Because its very hard to see that you fucked up and that you have less BTC than you had on beforehand. For me that's the worst feeling Smiley
1137  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 06:25:15 PM
For a non-pro trader, it's really incredibly hard to discern the best course of action at the moment. Sell or hold, sell or hold. It's so crazy high it doesn't make sense. But it was so crazy high it didn't make sense 24 hours ago too, and now look where we are. The incredulity of it all makes $500 or $100 on monday seem entirely possible.


I'm pretty sure the people who are the richest in the Bitcoin world are the ones who just held.

I second that. I've made quite a few BTC by trading during the bear market after the obvious bubble pop, but that's just an "impasse" in my usual strategy (buy & hold). There's a clear chance of increasing your stash when a bubble pops, that happened in 2011 and happened this year too. But 99% of the time buy&hold is a winner, and the only purpose of trading in my book is to increase one's BTC stash.

Additionally, most of the times I spent BTC I fucked up. I sold a few hundreds coins to buy ASIC miners, and I made back only 50% of them so far - with the increasing BTC/USD exchange rate noobs will keep throwing fiat to ASIC miners like there is no tomorrow, driving the difficulty crazy high just because they do not realize that 90% of the times is better to buy BTC directly. This has been historically true, like its historically true that the ones who first bought and never sold are doing better than anybody else.

One of the few investments in BTC that were good to me were LTC (bought at 0.002 and sold at 0.012) and MSC (bought from Exodus address, not realized profit but x10 so far), most of the others I screwed up (my "cRipple" investment lost 75% of its BTC value).

On the contrary, buying BTC has always been a GOOD decision. This is historically true. Nobody lost money by buy&hold so far. This is a hard cold fact. Personally, I've bought most between $10 and $20, but I also bought at $130ish - and it has always been a good choice. BTC never fails on you Wink
1138  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 06:13:41 PM
For a non-pro trader, it's really incredibly hard to discern the best course of action at the moment. Sell or hold, sell or hold. It's so crazy high it doesn't make sense. But it was so crazy high it didn't make sense 24 hours ago too, and now look where we are. The incredulity of it all makes $500 or $100 on monday seem entirely possible.


I think its going up too quickly, but I do not even consider selling before we double up again (I mean around $700). We entered parabolic? So we will probably keep going parabolic at least for a few days. Anyhow: the faster we go up, the sooner we will go down - as usual Wink
1139  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 06:02:23 PM
Not a hint of fear until $280ish...

Oh wait, just 24 hours ago BTC was trade at $280 on Gox Cheesy
1140  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 05:47:54 PM
The amount of coins on sale on the exchange is shrinking fast. Only 6k on sale on BTCChina, 7k on Bitstamp, 11k on Gox.

This is the "all time low" in terms of BTC on sale. Just think about how Avalon holds 65k coins in one address.

In my opinion is not a very good sign, it would be better for the trend to be fueled by new money in instead of scarcity of supply - just because the scarcity can be easily reversed by only one big holder.

I guess this is the nature of "penny stock market", and BTC behaves completely as a penny stock market.

Tighten your seat belts.
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