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2341  Economy / Speculation / Re: anyone having problems placing orders through mtgox website? on: June 16, 2012, 08:12:56 AM
I'm working on Ubuntu Linux with Opera or Firefox, both do not work, so the problem seems to be more general.

My symptoms are: I do not see any order list, and so cannot cancel them. I can give a new order, but it takes a long time to show up in the header line "Open Orders: 5". The new order also cannot be cancelled.

Mt.Gox, it's your turn.

2342  Bitcoin / Development & Technical Discussion / Re: Symbolic link for blockchain on Linux on: June 13, 2012, 10:04:21 PM
Creating multiple wallets with symbolic links seems to obfuscating to me, try Armory now. Thanks for the hint. Will tell here if it solves my problem.
2343  Bitcoin / Development & Technical Discussion / Symbolic link for blockchain on Linux on: June 13, 2012, 07:31:27 PM
I try to install an offline-wallet (bitcoin-qt version 0.6.2) on an Ubuntu Linux (version 12.04) system. All that runs very well. I have made several normal accounts, to my use and for friends or relations.

For reducing overhead and blockchain syncronisation time I tried to symbolic link the blockchain files (blk0001.dat, blkindex.dat) to a central common file (rw for all, of course). But this seems not to work.

As I understood, I can copy an arbitrary valid blockchain into the client files, and that should work. But instead only one of the many linked clients work correctly (I only start one client at a time, of course), and all others pop up the message:

A fatal error occured. Bitcoin can no longer continue savely and will quit.
EXCEPTION: 11DbException
Db::open The argument is invalid
bitcoin in Runaway exception

How did I think wrong?
2344  Economy / Speculation / Re: #1 most popular Bitcoin Price Forecasts (subscribe here: bitcoinbullbear.com) on: June 01, 2012, 05:17:20 AM

similar to this idea? (from this very thread on dec 14th 2011: https://bitcointalk.org/index.php?topic=1493.msg650108#msg650108)

Quote from: molecular
btw: I've been experimenting with a trading bot idea in summer. Named it "equilibrium trading". It aims to make trades so that the following is true:

<btc balance> * <exchange rate> = <usd balance>

This should have a stabilizing effect while taking advantage of volatility of a certain frequency range (given by the treshold at which it will put orders), right?

Yes, that's the same strategy. Perhaps not the best, but simply working. Because BTC is rather stable last time, my focus is more on gold and silver now, values which are heavily dropping.

Indeed I'm rather enthusiastic for BTC, waiting for the greeks/spains/italiens/chinese to distribute in alternative real values, instead of bubbling fiat currencies. I think most of the world does not know about it. Hope technology of BTC will resist.
2345  Economy / Speculation / Re: #1 most popular Bitcoin Price Forecasts (subscribe here: bitcoinbullbear.com) on: May 30, 2012, 07:46:37 PM
There is a strict anticyclic way for never loosing money with bitcoins (and other assets) for the long time, under the following conditions:
1) You believe in BTC as a real value (similar like gold)
2) You do not expect to make quick money

Follow strictly an easy rule, to invest a fix amount of USD for every cent the BTC value moves: for example, invest 1 USD for 1 cent that the BTC moves: I start from 5.00 USD/BTC (so I have a maximum of 500 USD to invest, if the BTC drops to 0.00):

USD/BTC
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
4.50 buy BTC for 50 USD, create an ask at 5.00 USD/BTC then
5.00 do not trade this, it is the fair value, and so doesn't matter
5.50 sell BTC for 50 USD, create a bid at 5.00 USD/BTC then
6.00
6.50
...

The method before is manipulation free, it benefits from manipulation of others. It stabilizes the currency ratio, it can be used with any amount of capital. It can (and should) be used with different REAL assets, like equity funds (or any that you real believe in), to distribute the risk in random variation.

There are two gaps, that can be adjusted as needed: The gap between ask and bid (1.00 USD here), and the step to subsequent bids or asks (0.50 USD here). You can make the gaps bigger (less trading, better timing) or smaller (better arbitrage, higher fee).
You have some more options here: If you have too less BTC, buy for 60 USD, and sell for 40 USD. And vice versa, if you need more USD. It's a bad idea, to trade huge amounts in a small period of time.

It works best against manipulating bangsters, but do not invest too much!!!
Most work is finding real assets, like gold (or BTC). There are some, but it's a hard job.
Trading is easy without greed.
Good look.
2346  Economy / Economics / Re: Price stickiness at $5 USD/BTC? on: May 28, 2012, 11:54:47 PM
You tell about one billionare, but there could be many. That would make the price jump again.

Think about a strict anticyclic trader. This stabilizes the price, and will lead necessarily to a win (a normal one, not quick or large). It makes profit from others market manipulation, and is usable with any amount of money.
2347  Other / Beginners & Help / Re: Paxum account negative after closing on: April 18, 2012, 08:31:30 PM
The account balance is back in plus again, and my account not yet closed. I don't know why, seems to be a bug in this Paxum process.

And I have found no fee for closing Paxun accounts. Have send them a message now.
2348  Other / Beginners & Help / Paxum account negative after closing on: April 17, 2012, 09:33:04 PM
Hello, I have closed my Paxum account, I do not need it any more. The account balance now dropped from slightly positive to nearly 40 EUR in minus.

Had so many issues with e-money services, they are all cheating.

Do anybody know, what will come now? Another 40 EUR for overdrawing? What should I do?
2349  Bitcoin / Bitcoin Discussion / Re: Linode compromised and it's effect on TradeHill on: April 17, 2012, 07:56:54 PM
SUCCESS SUCCESS SUCCESS

My problem has been solved now. Jered transfered my missing 586 EUR as BTC back to me. Thank you very much.

My impression is that he want to solve all issues with residual money in TradeHill accounts. I do not really know why this is so complicated. Stay calm and remind him from time to time.

SUCCESS SUCCESS SUCCESS
2350  Economy / Trading Discussion / Re: Jered Kenna (TradeHill) ,why don't you pay back OUR money ?". on: April 07, 2012, 05:44:27 PM
Jered told to send an email at 22. of March, so I did:

https://bitcointalk.org/index.php?topic=67022.msg814986#msg814986

I deposited 586 Euro at 3. of January from Paxum. I created a dozen of tickets and wasted hours on reminders in this forum. Yet without any success. My confidence in Jered disappears.
2351  Bitcoin / Bitcoin Discussion / Re: Linode compromised and it's effect on TradeHill on: April 07, 2012, 05:27:40 PM
Hello Jered, I've not yet get any answer. Please keep in mind, that I wasted many hours on reminding you with tickets and forum messages, I get tired. What's the situation now? (My deposit ID 37652 from 3. of January, 586 Euro from Paxum)

Thank you, will inform you about my case.
2352  Economy / Service Discussion / Re: BitMarket.Eu - new features added! on: March 28, 2012, 04:20:38 AM
Why do I get a blank site when accessing bitmarket.eu?

I also get a blank site now. Yesterday it worked yet. Please ask the support of them. I wanted to set limit buy orders yesterday, but they have cancelled this functionality. It's like driving a car with three wheels.

Announcement to stop limit buy orders: https://bitcointalk.org/index.php?topic=5441.msg819883#msg819883
2353  Economy / Service Discussion / Re: BitMarket.Eu - new features added! on: March 27, 2012, 07:56:33 PM
I am a merchant for Gold and Silver (see my signature), so obviously if I cannot liquidate a sale to restock, this badly hurts me.
I am a believer in bitcoin, but I see it as a ways of MOVING money, not as an investment vehicle.

It's clear to have redundance in money payment or exchanges in your case. I'm sure you know about the many issues with trading platforms or money services (PayPal, OkPay, Dwolla, moneybookers). Had enough issues myself.
2354  Economy / Service Discussion / Re: BitMarket.Eu - new features added! on: March 27, 2012, 02:47:35 PM
maybe support is tired & not motivated any longer?
it may be they react in seconds, read the message, see the problem, look at the donation balance of the site and operating costs. they are loosing time & money and made the decision not to act?
which one would be worse if it makes any difference at all?

it's a free service and as such we should manage the expectations accordingly.

I would get tired very soon, if working for "never mind" folks without fees. My suggestion shall resolve this. And it could stay free for the more ingenuous people.

I'm sure they look at the donation balance, therefore I increased it to 0,5%. I want to have resolved my problems, and bitmarket.eu resolved them for me even at lower rates (thank you).
2355  Economy / Service Discussion / Re: BitMarket.Eu - new features added! on: March 27, 2012, 02:15:51 PM
I've considered suggesting that you could identify the seller or buyer before completing a trade.
I've been contacted repeatedly if/when I was selling again.
I think having your username displayed in the market would help a LOT, a feedback thread could be established on bitcointalk.

agree

also: support needs to act quicker. if a seller wants to cancel a trade and the buyer cannot submit a photo/scan of his bank account and a receipt of movement of the money within 48h, sales get cancelled.

They have too much work, I'm sure. If traders know of fee penalty, it will not happen too much. And if the bitmarket stuff know about rising fees, they perhaps will react quicker.

I once waited more than a week to get a cancellation during which the price of BTC dropped 30%.

As an absolutely strict anticyclic trader, and believer in bitcoins, that is never a reason to me. Folks complain, if they make losses, but remains silent, if they increase money without own energy. You now can buy 30% cheaper, or have you bought more bitcoins than is good for you?
2356  Economy / Service Discussion / Re: BitMarket.Eu - new features added! on: March 27, 2012, 01:46:42 PM
So let me make a proposal how to solve it in an easy way, and another way than the very good bitcoin.de platform.

The stuff of bitmarket.eu has the work if someone is not trustworthy. So let us adopt a traffic light system: green at the beginning, yellow on first investigation, red (stop) on second investigation.

And of course they have to earn some money with it, the investigated persons can "buy" a more green signal with a higher fee:

For lowering from red to yellow, increase (enforced) from 0,0% to 0,1%
For lowering from yellow to green, increase (enforced) from 0,1% to 0,2%

If the investigations keeps on, the fees will rise further (to 0,5%, then 1,0%).

The signal light could get greener for a large number of successful trades without problems.

Of course this not the solution for fraud, but for persons, who doesn't care so much (and they are numerous, I think).

If the signal light should be seen to other traders, I'm not sure. Can be discussed.

That seems an easy and natural way to me.
2357  Economy / Service Discussion / Re: BitMarket.Eu - new features added! on: March 27, 2012, 01:06:07 PM
I think that's a stupid reason. The buyer made a limit order, to get BTC for lowest price hopefully. But sometimes that does not work.

That persons who made trouble here want to make quick money, but don't really believe in BTC. The trading platform bitcoin.de has the right answer for them: Blacklist.

Think about an effective but simple solution about it, in this way your platform becomes unusable.

disagree.

i have sold ~3000 BTC via bitmarket.eu since I joined and I've had so mucn trouble with fake and dishonest buyers. But these were all buyers whose buy-orders I matched. I rarely had a problem when my SELL-order was hit.

people posting giant buy-orders and not paying when the price goes down...

two weeks ago someone put in a buy order of 99999999 BTC at 5€ and cleared the whole orderbook.

black lists are all well and nice, but they don't help right then and there.
i think for a market that doesnt rely on holding BTC and cash and doesnt take fees this solution is the simplest.



This solution is too simple: It takes a main portion of functionality from it.

I also made a lot of trades in bitmarket.eu. And I also had a lot of trouble with other traders there. Because the service did investigate into this, and it is much work, I increased my fee level to 0,5% early in this year.

There are different problems, some of them you mentioned. Trustworthyness is one, the reason for this cutoff.

The other is more general over different trading platforms: How to catch the sometimes happening accidentally misorders like your 99999999 example. Of course those orders should not be executed at once. Ideal would be a summary of consequence if the order is executed.

In bitcoin.de a mismatch between "." and "," as the decimal point can lead to 100 or 1000 times bigger trades. I discovered them in between 10 seconds, and they never were executed, that's good. But a warning before would be better.
2358  Economy / Service Discussion / Re: BitMarket.Eu - new features added! on: March 27, 2012, 12:19:48 PM
I think that's a stupid reason. The buyer made a limit order, to get BTC for lowest price hopefully. But sometimes that does not work.

That persons who made trouble here want to make quick money, but don't really believe in BTC. The trading platform bitcoin.de has the right answer for them: Blacklist.

Think about an effective but simple solution about it, in this way your platform becomes unusable.
2359  Bitcoin / Bitcoin Discussion / Re: Linode compromised and it's effect on TradeHill on: March 25, 2012, 08:34:13 PM
Thank you, will inform you about my case.
2360  Bitcoin / Bitcoin Discussion / Re: Linode compromised and it's effect on TradeHill on: March 18, 2012, 09:59:02 PM
Ok, waited 2 weeks now since the Linode issue. What's the last state of getting my 586 Euro back, that I transfered via Paxum into the TradeHill account at 3. of January? (ID 37652)
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