+1

Autant mon premier retrait a été validé en quelques heures, autant le second est bloqué (état pending) malgré un ticket ouvert après 24h d'attente. Et je n'ai pas reçu de mail de bitcoin-central demandant un scan de pièce d'identité non plus, ni de réponse au ticket.

Êtes-vous tous partis en vacances ?

Out of curiosity: could you offer him this guarantee? Did you receive this guarantee from Bitcoinica? According to Tihan Seale, none of the board of the directors member was moving or talking, so whose decision was it?

Does this also mean that you do not intend to collaborate with the investigators should a legal action be started, and that you will withhold the identifiable information you possess about Chen Jianhai while you know that he committed the crime and did not return the whole stolen property (especially given today Bitcoin exchange rates) belonging to Bitcoinica creditors? Wouldn't that make you an accessory of the crime?

If bitcoins are considered a currency, I'm not sure this is true, as the system isn't a closed one. Some people will daytrade while others will exchange only in one direction (compared to trading dividendless shares, where the only thing you can do after buying a share is sell it back). Everyone may win, and everyone may lose (except the exchanges, which always win).

I don't use bitcoin-qt

Thanks.

Out of curiosity, what was the software generating this report?

You might be luckier if you tell us what you need to buy so desperately.

I used localbitcoins.com last week (just after they added escrow and SMS services), and it was really a smooth process. We settled the issue in the street in a few minutes (because it was the first time using localbitcoins for both of us).

So, that was it then? It was only a setup so that you can propose a bet that cannot make you lose any money? If someone takes your bet, you only have to also put 100 BTC into pirateat40 fund at the same time: you'll either win because pirateat40 defaults (you'll get the 100 BTC from your opponent + the interests you got from pirateat40 in the meantime) or win because he doesn't default and you can take your principal back and have multiplied it by a large amount even after you lose the bet.

In fact, you're proposing to buy a 200 BTC insurance against pirateat40 default, for a cost of 100 BTC, valid until the end of 2013, at which date you would have made much more than that. Clever.

I must admit that I'm a little disappointed. I thought you were playing the white knight here, while you were just setting up the atmosphere needed to propose this bet.

Too bad I'm not a full member yet, I would have participated.

Great! 16qQqL8px6Zh4zHGqe7az8v9LyfCkXYybf

Thanks

Glad to help you debug your site

How many confirmations are needed? I thought it would be like SatoshiDice, but I got no return for http://blockchain.info/tx-index/13817725/26af262091323a6047dbde0741a95132b92960863b28ac1449b57f1f0c8fcb89 yet.

You got your math wrong If there is a 40% chance that the 40 BTC are sent back, and a 60% chance that they are not (meaning the lender will receive only 15 BTC), then the expected value is 40*0.4+15*0.6=25. So it would be a bad operation to give you 30 BTC for this.

If P is the probability of Bitcoinica money being paid back (between 0, default, and 1, certainty), then people should buy this option for no more than 80*P/(P+1). So, if lenders think that there is a 40% chance that Bitcoinica pays back, they should not pay more than 22.85714286 BTC in any case. And even that would mean a 0% loan for many months in the "mean" case.

With a 10% chance of payback, the maximum that a lender should lend is 7,27272727 BTC.

How is that low risk? Do you guarantee the amount placed into your "bank"? What, for example, if the ventures you invest into go bankrupt? Will you reimburse your "clients" with your own money? You admitted having 1500 something (USD?), would that be enough in case those ventures default on you and you are short 2000BTC?

I hope for your investors that you mean ".0015/share instead of usual .001/share", that is 10 times more

I don't get it: you'll pay 2.5%-3.2% to borrow money from people (since accepting a deposit is similar to getting a loan), so that you can lend this money at a lower interest rate? How do you plan to be profitable?


At the same time, you're trying to borrow money at 3% interest rate for yourself, instead of going through your "bank" where you could supposedly get better terms?

I can't understand what you're after.

1/2 16qQqL8px6Zh4zHGqe7az8v9LyfCkXYybf

Several reasons, the first one being a risk I've seen taken many times already:

• backups made by applications such as Titanium Backup are unencrypted by default, and will contain the unencrypted private keys without the user realizing the consequences of it — moreover, Titanium Backup lets you send backup in the cloud (Google Drive, DropBox) even if they are not encrypted
• the user is more likely to accept, by mistake, a "superuser" request made by an application (it's just a popup on the screen, unfortunately many users click on them without thinking about what it says)
• if the phone is used for development, "adb root" followed by "adb shell" will give you a root shell on the phone, from which you can get the content

In any case, it would be a good idea to be able to encrypt the private keys: if your phone is rooted (and I would think that the intersection between people rooting their phones and people using bitcoins is not empty), another application is more likely to be able to access the wallet-protobuf content. And you could only allow backuping a wallet on the sdcard if the private keys are protected by a passphrase.