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21  Economy / Lending / Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available on: November 19, 2013, 04:26:56 AM
I have offered a huge haircut.... no reply.

Main CL deals done so far are CLers he knows on the forum and the big dumbfruit lawsuit.

Suggested he make his own proposal for immediate repay, no reply.

I don't think its as simple as your maths but I do have BTC address's for TF that cover most of the remaining balance even without haircuts. If he refuses to reply to my insane offers I can only conclude he is delaying for some reason.

I don't know what that reason is.

Can you please post the addresses? TF has claimed in the past he has personal assets to back CoinLenders. I'd be curious if any match up against the public AM shareholder addresses.
22  Economy / Service Discussion / Re: btcQuick.com Feedback Thread on: November 19, 2013, 12:01:26 AM
Ascension, pay back your debt to the coinlenders victims!!!

How much CL debt does Ascension have?
23  Economy / Lending / Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available on: November 18, 2013, 10:51:26 PM

Nice idea tehelsper, but you're operating on the assumption that TradeFortress isn't operating Coinlenders like a traditional bank.  Traditional banks lend out 90+% of their deposits.  I'm betting TF has done the same, and hasn't gotten paid back yet on all his outstanding loans, which would now be exponentially harder for the people who took out the loans given the insane rise of bitcoins lately. 

I'm aware of that, which is why I want to see the balance sheet to know how much is loaned out. I don't expect immediate payback, I just want to know the loss assuming loans are eventuall repaid. I also have a feeling a lot of the money was put in other investments such as ukyo.loan, which are more liquid but I don't know because he has not published any information. I don't even know what his goal is - does he expect to ever pay back principle?

I support a slow payback plan where TF is transparent. People willing to take large haircuts should be welcome to and all people who don't claim their CL assets should forfeit them after a period of time. Perhaps TF is hiding the info to scare people into taking large losses.
24  Economy / Lending / Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available on: November 18, 2013, 09:50:42 PM
I have sent TF many E-Mails and he has not responded to any, except for the generic "we are not handling CL refunds now". The rise in BTC is making me sick that I ever invested with him. So, my questions are:

1. Has anyone heard from TF unless they offer a settlement for pennies on the dollar?

2. Has anyone heard TF make any statements about his goals for repaying? 50% 80% 100%? His lack of communication makes me suspicious he is even attempting to regain solvency.

3. Does anyone have any insights into what his investments were/are?

4. Has there been any news on the 4 people TF called out for not re-paying their loans?

Here is a rough calculation I made in an E-Mail to TF. The situations seems it should not be as bad as his lack of communication is indicating.

"The numbers are currently not adding up. A 4100 BTC loss at inpus should affect CL to some extent, but even if half of that was CLs money and was refunded at 50% that should only be a 1000-2000 BTC loss of which 600 DumbFruit forfeitted in his settlement. If those losses are distributed evenly, and nearly 10,000 BTC were in coinlenders everyone should be able to get over 80% of the principal back. Can you please shed light on this and explain what is being done to continue collections?"
25  Economy / Lending / Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available on: November 18, 2013, 03:39:54 PM
I'm responsive to emails from borrowers, in fact I've just agreed to 2 loan modifications (Projects & user not on bitcointalk) and these should be repaid soon.

Quick note: Legal threats will not result in getting repaid faster, however if you would like to propose an alternate arrangement / settlement for your CL balance email me - I will agree if I believe this will benefit other CL creditors.

We ALL want to avoid legal action, but the lack of transparency is very troubling. Better communication and a spreadsheet of assets/liabilities like Namworld has for BTC-BOND would go a long way. We know your situation is bad, but if we had more info we could help. DumbFruit settled which I'm sure removed a large liability and several have offered interest free loans.

Idea: Give a 30 day window for CL users to log in and set up a payment address. Then, every Wednesday after Asicminer (or other investments) pays dividends, pay out to the addresses on file and decrement the amount from the CL balanace. That would give users an idea of the rate we gets paid back without diclosing all your investments. We would also feel much better about seeing something being returned. Also, send out an E-Mail letting users know this and anyone who doesn't provide a payment address in the allotted timeframe forfeits repayments until they do.
26  Economy / Service Discussion / Re: CoinLenders, Inputs.io, Tradefortress (HACK) on: November 18, 2013, 08:04:09 AM
I'll be happy to take up the lawsuit from USA. I have his contact information and have contacted an attorney and an australian private investigator.

I'd be interested in continuing pursuing a lawsuit as well. I'm from the US and had ~116 BTC at coinlenders.
27  Economy / Lending / Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available on: November 14, 2013, 11:05:09 PM
Still no email...
28  Economy / Lending / Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available on: November 12, 2013, 03:07:09 PM
Guys, don't get your hopes too high. Forget about interest, there will be a substantial principal cut.

I got this email from TF a couple days back when I asked about withdrawing some coins from Coinlenders.

"Quite frankly due to two Inputs hacks as well as the Ukyo/Graet effectively
defaulting we don't have enough BTC to pay everyone out. I'll let you know
soon."

Still waiting to hear back...

I don't know about graet, but ukyo is still claiming he's not defaulting. Who knows though.
29  Economy / Securities / Re: [BTC-TC] BTC-BOND - 0.03% Daily on: November 12, 2013, 01:32:55 AM
How fast are redemptions going out? I have still not received mine.

Hey tehelsper,

Pretty much everyone wants to redeem. But my assets are mostly locked away with both BTCT.co and BitFunder closing at the same time (as in, not tradeable). I do have more than enough assets to redeem everyone, might just take a while to get sorted.

Thanks for the reply.

Edit: My shares were redeemed today (Nov. 13)! Thanks!
30  Economy / Securities / Re: [BTC-TC] BTC-BOND - 0.03% Daily on: November 12, 2013, 12:10:36 AM
Has anyone else not received their bond repayments? I'm missing a redemption of ~1300 shares. I've E-Mailed and PMed Namworld several times without a response.
31  Economy / Securities / Re: [BTC-TC] BTC-BOND - 0.03% Daily on: November 11, 2013, 03:07:59 AM
How fast are redemptions going out? I have still not received mine.
32  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: October 27, 2013, 06:26:18 PM
Hi Friedcat,

I was also hoping for a bit of information rather than just historic information that is not really all that surprising? Where in the development of the 2nd 2ndgen are we? I see 200k of NRE in the budget. Is that for tape-out for the new ones or for the old 2nd-gen?

I think it's over the last quarter or since the last statement. Havelock shows the last 15 dividends (~4 months) equal to .2049.
33  Economy / Securities / Re: [BTC-TC] BTC-BOND - 0.03% Daily on: October 24, 2013, 05:55:03 PM
Any decision on the buyback? Its only a few days before btct.co closes.
34  Economy / Games and rounds / Re: BTCJam forum name verification on: October 16, 2013, 03:29:54 PM
I want to link my Bitcointalk name with BTCJam's. Verification code: 54b218f6-3455-4858-a03d-1edbe581e4fa
35  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: October 12, 2013, 01:40:46 AM
I don't think anyone has mentioned this, but it appears AM is no longer making gen1 USB block eruptors (and maybe blades but the phrasing isn't clear and I was expecting 500GH at some point). According to BTC Guild production of gen 1 has stopped:


Block Erupter Price Cuts / Blades Sold Out
USB Block Erupters have recently experienced another price cut, now at 0.12 BTC (free shipping within US). ASICMINER is stopping the production of new units, so remaining inventory is limited. ASICMINER Blades have now completely sold out as well.

October 10th, 2013

https://www.btcguild.com/index.php?page=home



Edit: Could gen2 be sooner than we think?
36  Economy / Securities / Re: [BTC-TC] BTC-BOND - 0.03% Daily on: October 12, 2013, 01:20:07 AM
Any news on BTC-BOND since the BitFunder news? I sent a PM to Namworld a few days ago but I haven't heard a response and dividends are not being paid on BTCT. I think it should move to havelock if possible to avoid any problems with US residents.
37  Economy / Securities / Re: [Bit Funder] [btcquick] [Rising profits] on: October 09, 2013, 05:34:45 PM
btcQuick share price getting annihilated right now.  

I am aware of this... We are just as surprised as you all are and hope you can understand this will take time to resolve. I will do my best to keep all of you updated.


How about giving option to shareholders (especially US citizens) to turn the shares into direct shares?
I think the low price is more or less due to the fact US shareholders can no longer hold their share via bitfunder. Turning the shares into direct shares will be able to keep US shareholders (long term investment ones)


I know that may be difficult, but If its possible, I would really like that option. I am trying to get all my coins out of BitFunder but I do not want to sell my BtcQuick shares.
38  Economy / Securities / Re: Make your mark : CryptoEquity shares on: October 09, 2013, 03:03:40 AM
Interested.
39  Economy / Digital goods / Re: SELLING: Automatic BTC-E Arbitrage Trader - 1 BTC! on: September 08, 2013, 09:45:58 PM
Oops my mistake, mods, can you please move to general Goods? Thanks.
40  Economy / Digital goods / SELLING: Automatic BTC-E Arbitrage Trader - .3 BTC! on: September 08, 2013, 09:20:55 PM
Automatic BTC-E Arbitrage Trader

The Automatic BTC-E Arbitrage Trader is a script that will automatically search BTC-E for profitable trades between currencies and execute them for you, making you money! The script runs constantly using the BTC-E API analyzing potential trades and executing the profitable ones to your liking. You can customize the program to execute trades that only you want! You can specify currencies, profitability thresholds, amount of BTC to use, etc... The script it totally customizable and you will receive all source to modify as you like.

To limit the affect of running many of instances of this script at once, I am limiting this to 20 sales total.

TOTAL SOLD: 10/20


Requirements
- Python 2.7
- Experience running and modifying python programs

These python libraries
- btceapi
- numpy


Instructions

- Create an account in https://btc-e.com/
- Install python 2.7
- Install all python requirements mentioned above
- After receiving the program, you should open auto_trader.py and set the config settings at the top of the file.
- Create a key.txt file with three lines in it. Line 1 should have you r btc-e key, line 2 should have your btc-e secret, and line 3 should have a nonce value. See the https://github.com/alanmcintyre/btce-api for more information on the API parameters.
- Double click on the auto_trader.py python script and it should begin running


Parameters
Here are the following parameters that can be set. Please study them and set them to your liking.

Quote
# CONFIGURATION OPTIONS ####################################################################
KEY_FILE = "key.txt"                        # Name of key file, should be same directory as this file
DELAY = 10                                  # How often to check for profitable cycles
MIN_AMOUNT = .2                             # Smallest BTC to trade through a cycle
MAX_AMOUNT = 4.5                            # Largest BTC amount to trade through cycle
############################################################################################

# DEBUG OPTIONS ############################################################################
PRINT_CYCLES = 0                            # should display all cycles?
PLACE_TRADES = 1                            # should trades actually be placed?
LOG_TRADE = 1                               # log all trades to file
############################################################################################

# ADVANCED OPTIONS ##########################################################################
STEP_AMOUNT = .1                            # Size to step between MIN_AMOUNT and MAX_AMOUNT
TRADE_THRESHOLD_PROFIT = 0.005              # Smallest profit on best cycle before its traded
MIN_TRADE_AMOUNT = .1                       # Smallest amount of any currency btc-e will allow for a trade
MAX_NUM_TRADES = 10                         # Don't trade cycles that require more than this number of trades
############################################################################################


Usage
Buy purchasing this script, you assume all responsibility for running the program. The script can be modified all you like, but those modifications cannot be redistributed in any way. It can be used for personal use for .3 BTC. If you would like to use it for commercial use, please contact me at tehelsper@gmail.com.

This program is meant for people who are into automated trading, arbitrage, and forex. This is NOT meant to be an easy, money-making program for everyone.

Purchase
To purchase the script, please send me a PM or E-Mail containing your E-Mail address and I will send you an Invoice for .3 BTC from my Coinbase account. As soon as the invoice is paid, I will send you a zip file containing the program as well as instructions for using the program. If you would like to use escrow please let me know.

Example Output

Here is example output from the window running the program:

Quote
MOST PROFITABLE CYCLE:
['btc_usd', 'usd_ltc', 'ltc_btc']
Amount: 0.2
Num Trades: 4
Profit: -0.00215605523259 BTC
-1.07802761629%

Here is some output from one of the log files after running the program over several days.

Quote
2013-08-06 17:57:25
PROFITABLE CYCLE:
['btc_ltc', 'ltc_usd', 'usd_btc']
Amount: 4.45
Num Trades: 4
Profit: 0.00237607645722 BTC
0.0533949765667%


2013-08-06 19:43:01
PROFITABLE CYCLE:
['btc_ltc', 'ltc_usd', 'usd_rur', 'rur_btc']
Amount: 4.45
Num Trades: 6
Profit: 0.0140673373434 BTC
0.316119940302%


2013-08-07 01:16:19
PROFITABLE CYCLE:
['btc_ltc', 'ltc_usd', 'usd_rur', 'rur_btc']
Amount: 0.45
Num Trades: 5
Profit: 0.00207226594212 BTC
0.460503542694%


2013-08-07 02:47:08
PROFITABLE CYCLE:
['btc_ltc', 'ltc_usd', 'usd_btc']
Amount: 1.95
Num Trades: 6
Profit: 0.00308965858378 BTC
0.158444029938%


2013-08-08 05:58:38
PROFITABLE CYCLE:
['btc_ltc', 'ltc_usd', 'usd_btc']
Amount: 4.45
Num Trades: 3
Profit: 0.00947747962824 BTC
0.212977070297%


2013-08-08 06:45:45
PROFITABLE CYCLE:
['btc_eur', 'eur_usd', 'usd_btc']
Amount: 3.2
Num Trades: 7
Profit: 0.0104823293446 BTC
0.327572792019%


2013-08-08 08:03:16
PROFITABLE CYCLE:
['btc_eur', 'eur_usd', 'usd_btc']
Amount: 1.2
Num Trades: 6
Profit: 0.00405099267394 BTC
0.337582722828%


2013-08-08 08:05:45
PROFITABLE CYCLE:
['btc_eur', 'eur_usd', 'usd_btc']
Amount: 3.95
Num Trades: 7
Profit: 0.00406141135796 BTC
0.102820540708%


2013-08-08 08:06:16
PROFITABLE CYCLE:
['btc_eur', 'eur_usd', 'usd_btc']
Amount: 4.45
Num Trades: 6
Profit: 0.00924036571758 BTC
0.207648667811%


2013-08-08 10:21:44
PROFITABLE CYCLE:
['btc_ltc', 'ltc_usd', 'usd_btc']
Amount: 4.45
Num Trades: 3
Profit: 0.0434438703944 BTC
0.976266750437%


2013-08-08 11:08:46
PROFITABLE CYCLE:
['btc_ltc', 'ltc_usd', 'usd_btc']
Amount: 4.45
Num Trades: 4
Profit: 0.00395103687547 BTC
0.0887873455161%

Support
If you have any questions, please PM or E-Mail me at tehelsper@gmail.com. There is no official support contract with your purchase, but I will answer your questions as best I can as time allows.

Refunds
Refunds are offered if you are incredibly unhappy with the script. Please send me an E-Mail or PM with a request for refund. After a refund request, I am trusting you to no longer use Automatic BTC-E Arbitrage Trader and delete all instances of it from your computer. However, there is no way I can verify this so I am relying on your trust and honesty.


Thanks for viewing! If you have any questions please let me know.
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