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1221  Bitcoin / Project Development / Re: [BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: May 02, 2013, 01:17:56 AM
Orders can not be routed to Bitstamp! What's hapeening?  Huh
1222  Bitcoin / Project Development / Re: [BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: May 01, 2013, 03:46:11 PM
No it actually makes sense. After all this is a limit order that you see, during the small laps of time before it is executed. Of course when you don't know and BFX try to execute against these orders and you lose 10/20 usd per bitcoins you are less happy, but hey, that's not hard to overcome.

They are very good actually, i's a pleasure to work with them Smiley

Best regards
Raphael

Don't worry, I didn't lose any money because of this. Smiley

I just can't believe it's the best they can do.
1223  Bitcoin / Project Development / Re: [BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: May 01, 2013, 03:10:51 PM
I forgot to mention that Bitfinex sometimes will show order with completely out of place price in the order list, like this, notice the BSTP ask order at the bottom of the ask list:




Ok, thanks for clearing to FOK order type. Good idea too Smiley

About these orders: When you place an order with Bitstamp API, you can only place limit order. So to make it like a market order you set a price way out of market range. The problem is that bitstamp will place this order in the orderbook and show it to you.

I tried to add a way to ignore these orders (because we don't want BFX to try fill these order as we will lose any way), but it's tricky and sometimes doesn't work. I'll see if I can tune the filter.

Raphael

Incredible....so that's what's with the system of the "second largest and best exchange"?

And thanks for the work and response, Raphael.
1224  Bitcoin / Hardware / Re: Avalon batch [2] countdown! on: May 01, 2013, 02:42:10 PM
Avalon look at what your neighbor in Shenzhen, ASICMiner has achieved with the delivery speed Wink
1225  Bitcoin / Project Development / Re: [BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: May 01, 2013, 02:35:50 PM
I forgot to mention that Bitfinex sometimes will show order with completely out of place price in the order list, like this, notice the BSTP ask order at the bottom of the ask list:


1226  Bitcoin / Project Development / Re: [BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: May 01, 2013, 02:15:11 PM
Hello,

This is a great idea, and it never came up like this. The way you propose it is actually lot more easy to implement. Let me keep it on the list, I'll try to add that soon Smiley

Raphael

Hmmm, what about the FOK order Raphael?

Oh sorry to have skip that part.

If I understand, it applies to market order right? Either fill immediately, or cancel after xx seconds?

By the way, when you're talking about unresponsiveness, you're talking about order execution lag, or other?

Thanks
Raphael

Yes, it's basically "fill my order at the price the system is telling me now or cancel it immediately". (Quite often you won't have enough time to do a limit order and input the price point)

I am not sure if the unresponsiveness has more to do with order execution lag or order-list refreshing lag,  as both Bitfinex and exchanges seemed to be under heavy load, so even if I saw an order with a desirable price, when it got executed it's some other completely unpredictable random prices. Yes, it should have been an old topic actually.
1227  Bitcoin / Project Development / Re: [BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: May 01, 2013, 12:52:42 PM
Hello,

This is a great idea, and it never came up like this. The way you propose it is actually lot more easy to implement. Let me keep it on the list, I'll try to add that soon Smiley

Raphael

Hmmm, what about the FOK order Raphael?
1228  Bitcoin / Bitcoin Discussion / Re: Satoshi's white paper..."he" said "we", lends weight to the idea it was a group on: May 01, 2013, 07:24:10 AM
Majestic plural maybe?

The tutorial plural, I think.

Would be crazy if he also wanted it to imply "We the People".
1229  Bitcoin / Bitcoin Discussion / Re: Satoshi's white paper..."he" said "we", lends weight to the idea it was a group on: May 01, 2013, 06:33:37 AM
Majestic plural maybe?
1230  Bitcoin / Project Development / Re: [BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: May 01, 2013, 06:26:57 AM
Any chance to introduce a "Fill or Kill" order type? Would be much appreciated. I am losing quite a bit today due to the UI irresponsiveness and volatility.  Sad
1231  Other / Off-topic / Re: A BFL ASIC 1000 BTC bet that looks like Inaba lost on: April 30, 2013, 03:18:38 PM
Maybe Josh made this bet because he didn't expect BFL to ship a working unit, so the power consumption would be 0W.
1232  Bitcoin / Bitcoin Discussion / Re: WTF - Kiddy Porn in the Blockchain for life? on: April 30, 2013, 11:24:21 AM
This is a really profound issue. E.g., I am not sure what the implications will be for Chinese Bitcoin users If someone includes a link to "the reality of Tiananmen incident" somewhere in the blockchain.

Bitcoin is already illegal in China.

And what is the big deal about Tiananmen?



http://www.youtube.com/watch?feature=player_embedded&v=dWvCCxOUsM8

Most of the times, "illegal" and "China"can only coexist in a sentence if you are trying to be sarcastic, do you think we really didn't break the "Chinese law" on a daily basis?

The big deal about Tiananmen is: if you openly talk about the bonus army thing in the U.S, most likely nobody will give a damn. If you openly talk about the Tiananmen Massacre in China, mostly like you will be in for some big problems.

1233  Bitcoin / Bitcoin Discussion / Re: WTF - Kiddy Porn in the Blockchain for life? on: April 30, 2013, 10:10:33 AM
This is a really profound issue. E.g., I am not sure what the implications will be for Chinese Bitcoin users If someone includes a link to "the reality of Tiananmen incident" somewhere in the blockchain.

EDIT: On second thought, I think this is essentially a network neutrality problem.
1234  Bitcoin / Bitcoin Discussion / Re: Can't the blockchain be compressed? on: April 30, 2013, 09:42:39 AM
I don't download the blockchain everytime I login on a light wallet to see the 5 dollars I have in my personal account.



http://en.wikipedia.org/wiki/Private_information_retrieval

No I was actually genuinely saying that it is a valid point, people who are new to the Bitcoin economy always seem to go ahead and download Bitcoin-qt and wait for the whole chain to download just to send a couple of coins. Wonder what will they do in 3 years when this will only be viable for servers.

Yup, fixed.

The idea is Bitcoin enables you to either run your own bank or have someone else running it for you.

And running a bank/clearing house is never easy, despite how corrupt a lot of banksters are.
1235  Bitcoin / Bitcoin Discussion / Re: Can't the blockchain be compressed? on: April 30, 2013, 09:36:06 AM


http://en.wikipedia.org/wiki/Private_information_retrieval
1236  Bitcoin / Armory / Re: Armory - Discussion Thread on: April 30, 2013, 09:00:06 AM
When I receive bitcoin into this "offline" wallet doesn't it go "online" at that time?

That's exactly the point, the answer is a "No". Bitcoin address are just hashes of the public keys, when people send bitcoins to an address, they just persuade the network to change the amount of bitcoins recorded under that hash in the blockchain(the ledger), you can even "send" your bitcoins to a random string corresponding to an address which doesn't below to anyone, but it's pointless, as the point is the "ownership" of the address, which belongs to whoever has the private key, and it's as difficult(read: infeasibly difficult) to reverse a used public address to find its private key, as it's to reverse a unused one.

Now the only thing you have to do to get people to "send" bitcoins to you, is to generate a public key for which you hold the private key. It's entirely doable if you somehow generate your private/public key on an offline device, which since its birth has never been connected to the internet, and publish the public key's hashed form(the address) on the internet, and keep the private key forever offline(like on a paper), that's about enough what you need to do to "receive" bitcoins. An address whose private key never goes on an online computer is considered an offline address, and an offline wallet is essentially just a  collection of offline addresses.

Here we have a problem, we can receive bitcoins now with our offline address, but how can we "send" them? Now you have to rely on the sneaker net to do that. Armory provide a functionality allowing to you to sign any transaction offline: you create a so called "watch only" address on an online Armory installation, and generate a unsigned transaction which doesn't really move your coins, then copy it through some movable storage to the offline computer where an Armory installation with your private key resides, sign it offline, and then move the signed transaction back and publish it, this way you can "send" bitcoins without your private key ever going online.

Hope that I am clear.



1237  Other / Off-topic / Re: [FAIL CAPTAIN] Some Facts About Chaang Noi (Goat) ช้างน้อย on: April 30, 2013, 06:06:05 AM
Because this is the thread to make fun of goat for getting scammed so much

https://bitcointalk.org/index.php?topic=34007.msg1599306#msg1599306


I got scammed for 50 BTC here.


Being active everywhere sure is risky. Oh well, I'm not going to quit.

So you managed to come up with 40,000 BTCs to get scammed by Pirate? Wow....

I am not sure if I should call you a winner or a loser. Cheesy
1238  Bitcoin / Armory / Re: Armory - Discussion Thread on: April 30, 2013, 05:56:12 AM
Is there any advantage of using a separate offline computer for offline transactions, over a live USB distribution with Armory in an encrypted partition and only booted to sign transactions on the primary computer with all networks turned off? I can't think of any. Anyone care to enlighten me?
BIOS/firmware malware.

Yeah sure, but unless I am going to order a LiveCD rather than make my own to install on the offline computer, it can get infected by said malware as well. Roll Eyes
1239  Bitcoin / Armory / Re: Armory - Discussion Thread on: April 30, 2013, 04:45:44 AM
Is there any advantage of using a separate offline computer for offline transactions, over a live USB distribution with Armory in an encrypted partition and only booted to sign transactions on the primary computer with all networks turned off? I can't think of any. Anyone care to enlighten me?
1240  Economy / Speculation / Re: I think it's time for me to move on on: April 30, 2013, 03:34:08 AM
A crash is when Bitcoin shows its real strength, you know why a Bitcoin crash has to be so violent? Because the global stock can be moved into an exchange to be sold in a matter of hours. Fiats, on the other hand, takes a long time to arrive. Bitcoin amplifies the panic to sell to an extent that any early adopter who has survived until now probably is not interested in selling at all.
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