Is there any reliable and ideally measurable way to recognize faked volume or price data?
Alex at BitcoinAverage
Sort of related article: http://www.coindesk.com/2013-bitcoin-trading-volume-winners-losers/tl;dr: 3rd party audits would be reliable. At the moment exchanges can feed us what they like. I think even if their volume numbers are not tampered with, they could run bots on their own to boost volume. Like so many things bitcoin it comes down to trust. |
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The problem is not Kraken but the fact there is not much people trading BTC in EUR.
Actually, if we only consider BTC/EUR, Kraken will soon be the first exchange!
Last 24h
Mt.Gox BTC/EUR 675.000000 EUR 318.1867 BTC
Kraken BTC/EUR 607.990000 EUR 316.6295 BTC
BTC-e BTC/EUR 613.498000 EUR 170.6412 BTC
Best prices too!
Just expanding on this a bit.... (bitcoinaverage.com): mtgox 39.83% 847.05 690.0 EUR
bitcoin_de 21.19% 450.60 611.8 EUR
bitonic 12.41% 263.92 602.6 EUR
kraken 11.06% 235.31 610.0 EUR
btce 05.81% 123.49 617.0 EUR
localbitcoins 04.83% 102.69 626.0 EUR |
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Since you got a referral in there... Is coinbase of any use for people without American bank accounts? |
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Also, if you don't have it, would be nice to have an app showing the closest Bitcoin merchants.
http://www.osmand.netOsmAnd Seamarks & Bitcoin maps
New maps are available to download World bitcoin payments and World seamarks.
In order to see all places where you could pay bitcoins in bitcoins present in Open Street Maps, you could use 'POI Layer' or 'Search POI' in category Finance. You can also use search by name in order to find all places. Since OsmAnd 1.7 : new sub category "bitcoin" is present in the category "Finance".
Seamarks is POI layer of OpenSeaMaps, which later will be transformed into a special rendering map style.
Maps will be updated on the regularly schedule This works fine for me on the latest nightly build. Google Play version is still at 1.6.5 |
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google itJust make a paper wallet(google it)
Only a paper wallet can guarantee safety
Paper wallets are a bad idea. There are so many gotchas with them: - You get only one address. - Spending coins safely is hard. If you make a mistake spending your coins you could end up sending large amounts as fees, have change end up in insecure addresses or worse. Paper wallets IMO are a primitive device. People just parrot this advice that paper wallets are a good thing but they are not. They are only good for those people selling paper wallet kits. For most users an offline wallet on a dedicated device is infinitely better. You get unlimited addresses and a full fledged bitcoin client that can spend, receive and sign messages as well. You can have as many paper wallets as you like. Check out the "bulk" tab on https://www.bitaddress.org/For easy spending from a paper wallet check out Mycelium https://bitcointalk.org/index.php?topic=293472.0 |
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google itJust make a paper wallet(google it)
Only a paper wallet can guarantee safety
For people new to Bitcoin what if they create a paper wallet but don't fully understand and save the wrong information. A year later they find out they can not load the wallet. Testing the wallet in a client would defeat the purpose of using a pure paper wallet. Again, I'd be happy to test my own. Of course run a few test paper wallets with small amounts until you are entirely comfortable with the complete process. For easy spending from a paper wallet check out Mycelium for Android (see my sig). |
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Instead of splitting the wallet.dat with winrar (nono), you could split the (possibly BIP38 encrypted) private key(s) using secret sharing. Here's a demo: http://point-at-infinity.org/ssss/demo.html . That way even if a thief steals one part he will still not be able to get to your coins. |
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Cognitive is run by a guy who has little time. I suggest he gets Cognitive right first, before venturing into every possible available altcoin.
Yes but this part could be managed by an other person. The is no geographic requirement so anyone from this group could do it. We can have a small CPU team like : - One person that write and test the auto-install script - One person that decide which coin to mine according to calculation - One person that rent servers and copy paste the script - One person that sell the coins on this forum or on exchange Everyone could check the mining pool data and the main wallet. It is all about getting a bit organized and having some staff or volunteers. Currently I don't think organisation is Cognitive's strong point. Sounds like you got a plan though. Have you thought of starting your own security? |
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Also what do you think about my idea of cloud-mining CPU coin ?
I like that it is low-risk, but if it takes a lot of time/effort to set up that might be better spent elsewhere, that'd be my only concern. There are always opportunity costs. If it was easy to set up, everyone would do it. I am into CPU mining and I can tell that every time a new CPU coin is launched, there is an unbelievable jump of difficulty due to cloud mining. All CPU coins are mined at 90% by cloud server. It is very fast to setup because you don't deal with the hardware. You just write a nice auto-install script and copy paste it on hundred of server you just rented. The only little problem is that you need a bank account with FIAT to rent most of servers. Some accept Bitcoins but they are expensive. Cognitive is run by a guy who has little time. I suggest he gets Cognitive right first, before venturing into every possible available altcoin. |
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Guys, up to now, no response  Is there any way i can get my deposit back . I call my local bank and its debited already ( TIA, Mike In my case it was the intermediary bank that held the wire back. thanks, i contacted Mayzus Financial Services Ltd Mayzus is btc-e. They are the beneficiary of the wire transfer, not the intermediary bank. You will have to contact your bank to find out if there is an issue with the intermediary bank. |
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now they've got half the volume bitstamp has.
Bitcoinaverage.com shows ~30% USD volume for each. With btc-e at another ~30%. |
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There are many accounts under the similar name, which one is the real one?
At the moment none of them seems official one. You may test each if you really like and I appreciate the result  none of them are real Then tickets are the only way to approach them ? I would say so. At least you can be fairly sure that the ticket system is not as easy to get hi-jacked by a (for example) disgruntled former employee. |
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Guys, up to now, no response Is there any way i can get my deposit back . I call my local bank and its debited already ( TIA, Mike In my case it was the intermediary bank that held the wire back. |
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Kraken aren't even responding to multiple tickets and multiple emails from several users for several months and you are blaming user error and banks, come on man get real.
I don't blame anyone, just an observation from that thread. |
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I've received a response to my ticket saying that the withdrawal must have become stuck in transit and that they would chase it up at there end. I don't even know what this means. This may be of interest to you: http://gendal.wordpress.com/2013/11/24/a-simple-explanation-of-how-money-moves-around-the-banking-system/tl;dr: plenty of room for problems in the system of sending money between banks. Even more so with bitcoin related businesses. I got an email from my bank about a transfer to btc-e, two weeks after it was stuck at a intermediary bank because they suspected fraud. I never had problems withdrawing from Kraken. If you read the announcement thread, you'll notice that the majority of deposit/withdraw problems were due to banks or users entering incorrect or incomplete information. |
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After logging in: Contacts: @btcecom Icq - 610112128 Skype - btc-e.support E-mail - support@btc-e.comI tried to contact btce via skype, but he was asking for my password for the email that is registered on btce ? why would they need my mail password ? can i trust them with this ? The password to your email? Sounds fishy if that's what they really meant. They also don't need the password to your account. Never give out any passwords. I got the best results with their helpdesk at kayako. Just click support in the top bar when logged in. Response time is about 48 hrs. But at least that way they have all the info they need and you can get straight to the point. |
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What makes you think you need a credit card for selling? |
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Now that the delivery is confirmed, COGNITIVE shares are the best investment considering the price.
You easily double/triple your investment in two weeks. Even kakobrekla is buying.
Confirmed? Not the " two weeks ™ "? |
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