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21  Local / 中文 (Chinese) / 2014年第二届广深比特币论坛宣言 on: April 28, 2014, 01:42:31 AM
2014年第二届广深比特币论坛宣言
Declaration of the Second Guangzhou and Shenzhen Bitcoin Forum In 2014

也许有一天,就像离不开空气、阳光、水一样,人类也离不开电、互联网,或许还有比特币。
The human race can't live without air, water and the Sun. In modern times we grew further dependences on technical innovations like electricity and the Internet. Someday, we may add bitcoin to such a short list.


用宽容消除偏见,用自信笑纳批评,尊重每个人的选择,这是比特币折射的精神。
Tolerance dissolves prejudice, a confident conviction welcomes all criticism, freedom of choice is treasured for individuals. Such are the spirits of the Bitcoin movement.


摒除一切意识形态的解读,因为这悖离它本质的技术意义。
Ideological debates do not form our essence, Bitcoin is a technology in the end.


之所以爱好,是因为相信它吻合理性之美。
We appreciate it, because of its unique and rational elegance.

之所以相信,是因为它符合内心的童真追求。
We believe in it, because of its appeal to our inner child, forever in pursuit of useful simplicity.

比特币的去中心化思想,为人类未来提供更广阔的可能。
The idea of decentralization opens up so many opportunities for human societies of every kind.

我们认为,任何产业都需要在法律监管下前行;我们也相信,比特币的技术创新终将被人们所接受。
We support proper regulation for every industry including Bitcoin, and we firmly believe the Bitcoin technological innovation will be embraced by all of us as a whole.


如果说比特币有一个伟大的理想,那就是:让每个人的生活变得更美好。
If we were to have a vision for the future, it will be, everyone's life will be just a little better.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [New wallet][CHA] CharityCoin - The World's First solely charitable coin on: March 21, 2014, 04:41:10 AM
How do you take 5%-10% miner profit ?

When I mine 100 coins, 5 or 10 coins will be taken by pools ?
23  Alternate cryptocurrencies / Altcoin Discussion / Re: SAD NEWS Mikhail Sindeyev (thecoder) has Died Suddenly on: February 19, 2014, 07:44:32 AM
Really sad to hear that, thoughts and prayers are with his family and friends.
24  Alternate cryptocurrencies / Altcoin Discussion / Re: Millions to Give! | Daily DogeCoin | Like | Follow | Tweet | Receive DogeCoins! on: December 25, 2013, 06:57:33 AM
twitter @BitIssue

facebook eric.willams.9

DJ9NA75VRwVfwiNyJpZdStZceG629M7kv1
25  Local / 跳蚤市场 / Re: 大量比特币相关域名低价出售!!! on: November 29, 2013, 01:52:39 PM

确实是好多啊,价钱要是在这公布就一目了然了!


价格已经有了啊。
26  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 23, 2013, 06:51:18 AM
BAF trade stopped,  we bought back all shares at price 0.01 BTC.

Because the price of BTC going up too fast, we can't buy back the original amount, so we decided to close the fund earlier.

As a shareowner, the most important thing, they hope the OP may take good care of their assets and not to encounter any scram.

We are also shareowners, we lost 35 BTCs on several shares such as Labcoin, SAI, CPTM, so we know that feelings.

We are sorry we can't make more money for our shareowners, however, we will keep our promise to take care of shareowners' assets.

So, if you are shareowners of BAF, please notice this thread or BAF announcement on Cryptostocks during the following three days.

Though we lost some BTCs, it is OK, many people trust us and help us a lot.

We are in charge of a little private artraging fund, which is from RMB => USD => BTC => RMB, it is easy to operate.

And we are also planning another project, which is really a good idea, so we will be back a couple months later.

Thanks to all shareowners, thanks to everyone who trust us and help us.

BYE
27  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 23, 2013, 05:10:16 AM
Its arbitrage if you do two separate trades simultaneously like buying a car from one guy and immediately selling it to another one. If you want to do arbitrage with currencies, you will need funds in both currencies to do simultaneous trades. What you did was risky and failed.


We thought of buying and selling BTC at once, but there is still one step to transfer a half fund in USD to exchange with low price.

If the price go up during the transferring time, we will encounter the same problem as what we met now.

BTC => RMB => USD => BTC, the last step is the most dangeous.

RMB => USD => BTC => RMB, this is which we did before,  it is easy to operate because the two steps USD => BTC => RMB can be finished during one or two hours.

28  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 23, 2013, 05:05:33 AM
If you guys are doing arbitrage, please keep two things in mind.

1. Like Mageant said, either have a setup for simultaneous trading, ie spare capital

2. Or your fund should be in FIAT and dividends paid out in BTC, based on dividend date BTC value, otherwise the fluctuation in prices will kill ya.

cheers

Yeah, you are right, now we encounter a big problem.

We can't buy back the amount we sold.

If there is no chance to buy back, the fund will be closed.
29  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 19, 2013, 01:36:12 PM
Got a few shares + keeping an eye on this thread.

Thank you.
30  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 19, 2013, 12:08:43 PM
IMHO it would be better if you sold and bought the Bitcoins on the two exchanges simulatenously.

That means you wait until the funds arrive at Bitstamp, and then you buy on Bitstamp and simultaneously sell on okcoin.

Then you have absolutely no risk of price fluctuation.



Yes, you are right, we considered that before.

We thought we sold btc at a very high price yesterday, but we are wrong. There are too much crazy and rich people in China.

Next time we will do the arbitraging in this way.

We apologize to shareowners. If this arbitraging process loses some BTCs, we will pay for the loss.
31  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 18, 2013, 05:14:14 AM
hi Eric.DarkSpirit

you should be publishing the exact trade itinerary in close to real time

e.g.: 12/12/2013 10:00:11GMT bought 220BTC@500USD btc-e
       12/12/2013  10:12:00GMT sold 220BTC@3350CNY chinabtc



Yeah, we will.

We hold our btc on OKCOIN.com now.

We will sell all btc out within 12 hours, then we will update the arbitraging progess information.
32  Economy / Service Discussion / Re: BTC-E Down? on: November 18, 2013, 12:35:05 AM
It is down, from china.
33  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 17, 2013, 11:15:17 AM
Bare in mind that btc-e need ID check for wire transfers and might hold you cash until you provide them one.. also I am waiting on at least cryptostock verification imho thats what holding some of investors down..  

Yes, you are right.

We are also waiting for the verification of cryptostock.


Bitcoin Forum time: November 17, 2013, 01:05:06 PM

We got Advanced verification from Cryptostocks just now.
34  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 17, 2013, 10:08:37 AM
I think I just shat myself. I first read your if cryptostocks shuts down oneday as Monday and it freaked me out!!

Really dig that you guys will buy back at original cost though, speaks volumes if followed through upon should the unforunate occur. 

*big sigh of relief

Thank you. That is a mistake, we forgot to fill the whole sentence completely and we rewrote the announement within 3 minutes.

We bought some shares before, and we lost all investment and went through bad feelings.

So we want to be good OPs and consider more for shareowners.


Digging the vibe with you guys so far and not to shabby a dividend payout either btw Wink  How long does an arbitration round typically take?

We think the most imorportant thing in the btc share market is to keep the value of btc instead of being stolen by someone else.

We will do this for shareowners. 

Maybe you are not satisfied with the first dividend.

Given two choices, the one is less dividend, however, your btc is safe;  the other is high dividend at first, when more shareowners come in, the OP run away or release bad news, let the price of shares go down to zero.

What is your choice?

As for the time of arbitration round.

Because of different transferring method, the average time between arb. rounds will vary from 2 days - 15 days.

If we bought btc-e code, this is the fasted way to transfer USD to btc-e.com, however, we can't do it now because the code's additaional profit is more expensive than our expected profit. For example, the code price from RMB to USD is 6.7 now, however, the offical exchage rate from RMB=>USD is 6.12. So the man sold the code may make 9.4% profit, which is higher than our expected profit 5-6%. We can't take it.

So, we have to transfter USD by International Wire Transfer, which will cost us 1% or more. The whole time may be 15 days.



35  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 17, 2013, 04:16:34 AM
I think I just shat myself. I first read your if cryptostocks shuts down oneday as Monday and it freaked me out!!

Really dig that you guys will buy back at original cost though, speaks volumes if followed through upon should the unforunate occur. 

*big sigh of relief

Thank you. That is a mistake, we forgot to fill the whole sentence completely and we rewrote the announement within 3 minutes.

We bought some shares before, and we lost all investment and went through bad feelings.

So we want to be good OPs and consider more for shareowners.

36  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 17, 2013, 01:21:44 AM

After consideration, we don't want to change share market now. The reasons are as following:

(1) There are some scams on CryptStocks, because they don't check projects' possiblity and the OP's experiences.

However, this is why our project was listed on it. We didn't have any remarkable experiences and we still had a chance.

(2) Whether a project is a scam or not, it depends on the OPs of projects instead of share market.

If we can respect all shareowners' rights and don't take any money which doesn't belong to us ,we still can get good reputation on CryptStocks.

So we promised to buy back all shares at price 0.01 BTC if the fund is closed oneday, so that our shareowners would lose nothing.

However, we may make less money than we expected before. It is OK for us, we will get good reputation and we can list other projects with more profits to make money.

37  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 16, 2013, 07:09:20 PM
Wow, seems like someone just gobbled up 2000 shares for 20 BTC.

Yes, we also noticed this, so thanks to all shareowners.

we will do our best to keep these assets and get more profits.
38  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]BAF lauched ! on: November 16, 2013, 07:07:31 PM
Why Verification Level is still none?

Are you take it seriously to get Advanced Verification?


CryptoStocks site shows your verification level as "None", and this gets you nowhere.
I like the idea but unless you do provide certain provable ID documents to CryptoStocks and also to the public, the only people who may jump ahead to buy would be drunk or the newb fool. You should provide documents and full verification first!



Thank you very much, we didn't notice this.

We will post verification documents today, at least getting Advanced Verification.

We sent our passport twice last week, but we can't receive any information from CrytoStocks.

The fist time is at 11/11/2013


The second time is at 14/11/2013


Now we are waiting for the reponse from CrytoStocks.

Your images don't come through because:
Sad


Thank you for you report, It is fine now. We changed the url link from "https://" to "http://"
39  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!! on: November 16, 2013, 07:05:18 PM
Taking a bit of a gamble on you here and hopping on board for a few shares Smiley

Thank you very much.
40  Economy / Securities / Re: [CryptoStocks][Bitcoin Arbitrage Fund]BAF lauched ! on: November 16, 2013, 08:30:14 AM
Why Verification Level is still none?

Are you take it seriously to get Advanced Verification?


CryptoStocks site shows your verification level as "None", and this gets you nowhere.
I like the idea but unless you do provide certain provable ID documents to CryptoStocks and also to the public, the only people who may jump ahead to buy would be drunk or the newb fool. You should provide documents and full verification first!



Thank you very much, we didn't notice this.

We will post verification documents today, at least getting Advanced Verification.

We sent our passport twice last week, but we can't receive any information from CrytoStocks.

The fist time is at 11/11/2013


The second time is at 14/11/2013


Now we are waiting for the reponse from CrytoStocks.

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