You can calculate x from a given date, e.g. x from Feb 22 in Python: >>> from datetime import date
>>> x = (date(2014, 2, 22) - date(2009, 1, 3)).days
>>> x
1876 The trend point can be calculated online using the wolframalpha computational search engine in two steps: first, get the number of days since 2009-1-3: https://www.wolframalpha.com/input/?i=number+of+days+since+2009-01-03This URL will work for any "today" next, using that number (today it was 1880), replace it in the following search term:
https://www.wolframalpha.com/input/?i=10+%5E+%280.003073+*+1880+-+2.909514%29
**remember to replace the 1880 number with today's correct number and run the search again. The result is today's trendline price in USD. Note: if someone can figure out how to encapsulate the results of the first search URL directly into the second, then this could be a single bookmark-able URL to return today's trendline value. edit* the forum software was butchering my second URL. I had to embed it into a code tag to get it to show up properly. You will have to copy and paste it into a new browser window to use it. Again, anyone know a fix for that problem? |
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and TradeFortress/inputs.io/coinlenders
hopefully he lost a bunch of his stolen coins at gox.....
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Looks like the Gox insiders are selling at Stamp, not BTC-e. Having btc-e up so much is pretty unusual.
(yes, the 'gox insiders' comment is fud/speculation/sarc...., but it's still strange).
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Believe it or not, mtgox can easily get out of this mess. It's its customer that will get burnt.
Just think about this. No one can currently withdraw USD or Bitcoin from their mtgox accounts now and people are trying to sell their bitcoins at mtgox at a deep discount.... now, what if mtgox create a bunch of dummy accounts on their own exchange and buy up all these bitcoins for its customers at a deep discounts and pays for them with non withdrawable USD back to their customer's accounts? Then come tomorrow, they announce they are not insolvent and have enough Bitcoins in reserve for everyone to withdraw? Bitcoins in mtgox will now skyrocket as everyone with these non-withdrawable USDs in their account will have to pay a premium to buy their bitcoins back before and then withdraw them? Buy low, sell high, suddenly, all of mtgox financial problem will go away. The only people that will get burnt are their customers.
Mt. Gox is a cat and rat farm: feed the cats to the rats and the rats to the cats and get the cat skins for free. |
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I would very much like mtgox enable withdraw so we can end this nightmare. We have nothing from speculations!
I provided proof Mt.Gox is working on restoring withdrawals, this is more than speculation in my eyes and I suppose you are just choosing to ignore the detailed technical critique by one of the core bitcoin develoers of the post you reference? gmaxwell pours cold water on this "proof" http://www.reddit.com/r/Bitcoin/comments/1ymwzj/mtgox_still_authoring_invalid_transactions/ |
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what an epic pump and dump.
edit: look at that 5 minute gox chart on bitcoinwisdom...... wow
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I just noticed that coinlenders accounts are not accessible any more...
Forbidden
You don't have permission to access / on this server. is that our last shread of hope just gone ? But my numbers on that server! They were so big and beautiful! And now even they are gone...... |
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Look at the 3day Gox chart at bitcoinwisdom and you see this image. pretty much exactly.
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In this case we are dealing with fake Bitcoin IOUs issued by a dysfunctional, incompetent, possibly insolvent company. These IOUs are proving to be practically worthless, as they should be. Although, the fake fiat IOUs are probably just as worthless.  I didn't know Gox became a Ripple exchange. |
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trendline says we are at $5k in dec.
currently trendline is at $670 so a bit undervalued
I think Gox just ran off with your trendline too |
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I guess you guys have no money invested there
I used to. I left months ago after the dwolla seizure, as did many others. "but the trade volume...." "but the price premium...." There have been countless warning voices. There are pages and pages and pages of documentation of their problems. People just didn't want to believe. Even today, I'm sure there are lots of people blinded by greed sending fresh money to "buy" cheap coins. But honestly I'm not trying to be holier then thou. I lost a bunch of money on coinlenders. |
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Although it was less discussed, his other service coinlenders.com also went down with a lot lot lot of customer coins. He disappeared with many thousands of coins, scattering a few crumbs to people on his back to sow confusion and buy time for his escape.
A long con well executed.
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Yes, a BTC level just high enough to keep people hanging on and posting endlessly about how things are slowly getting better and that Gox is turning around.
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I second this. It always amazes me when people take loans out and them let them sit at high rates when they could easily refinance to a lower rate.
Actually, if you happen to exceed your tradeable balance, you can't even get new cheaper liquidity. You're actually stuck with your high rate liquidity until you close your position. The other annoyance is that I'm constantly manually getting more liquidity because as soon as I close my position, it returns my liquidity! Yes you are right. That can especially be a problem with a single large loan. It can be better to have multiple smaller swaps out for the refinance flexibility. And it is true that a given loan/swap is tied to the position. If you close the position you close out the swap even if you wish you could hand on to the money. You can grab cheap money ahead of time, but once you use it you can't pull it back. It is something to think about offering a way to keep a swap beyond the close of a position that used it. Could be a nice addition to the platform. |
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No guys, in this case rate is not decided by "the market", it's dictated by stupidity and faulty understanding of how bfx lending system and particularly orderbook works. Let me state it again: you DON'T HAVE TO MATCH BIDS in lending orderbook for your offers to be taken xDThat's for manual lending only! The system automatically takes your offers when someone opens a leveraged position (he doesn't have to take liquidity manually to open it, vast majority don't do it in fact). I'm opening an official Idiotic Lenders Contest xD Let's go with round 2   I second this. It always amazes me when people take loans out and them let them sit at high rates when they could easily refinance to a lower rate. |
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Trade engine seems frozen. Can't close my short position even with a market order. WTF!
EDIT: started up again after 5 minutes or so. All ok now.
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If you are lending BTC, are the interest payments you receive denominated in BTC or USD, and if USD at what rate?
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The flash rate for BTC is closing in on the flash rate for USD. I don't think I've ever seen that here.
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I just logged in for the first time in 6 months to discover that I still have 6000 satoshi there! crap. I'll never see that dust again....
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