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2721  Alternate cryptocurrencies / Altcoin Discussion / Re: Strange trade phenomenon on: January 06, 2014, 12:22:28 AM
i noticed BTER occasionally "modify" my trades.
not so as stuff disappears into the void, just changes a sell 100 into a sell 90 for example.

i am not entirely certain things don't go into the void :p but from my eyeballing it's just an entry change rather than a vanishing coins trick.

, go into your trade history and check the numbers in there for differences.

OK again this is normal as far as I can interpret your situation.

You want to sell 100 coins. You put 100 coins up for an X amount.
I want 90 coins for X amount.
The exchange sells 90 of your coins to me. You see a partial sale of 90 coins.
You now have 10 coins for sale at X amount and the money for the 90 coins.
2722  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] HERPES coin coming soon! Every block mined replicates like the gift that.. on: January 06, 2014, 12:11:52 AM
LOL!!!

Why not make each block 0 coins unless you hit a HERPES block then you get the full load. Just like unprotected sex Cheesy
2723  Alternate cryptocurrencies / Altcoin Discussion / Re: WHY SO MANY ALT COINS LAUNCHED,LET ME TELL YOU on: January 06, 2014, 12:09:15 AM
What is this magical place you are talking about?

http://coingen.io/ old news...
2724  Alternate cryptocurrencies / Altcoin Discussion / Re: Strange trade phenomenon on: January 05, 2014, 11:17:34 PM
Hi!
I sold 110 altcoin at BTC 0.00790
Some days later I bought back at the lower spot 0.00750 and only get 99

Why did get so few when the spot price was lower?

0.007xx is the BTC/Altcoin ratio. Calculation works something like this. I believe you interpreted the ratio the wrong way around.
Can't reproduce your result fully but I think you might find it helpful anyway.

A * 0.00780 = 110
A = 13924
remove .6% fees (an exchange with high fees)
A = 13840
(A is altcoins)

13840 * 0.00750 = 104
remove .6% fees (an exchange with high fees)
Result = 103



2725  Economy / Speculation / Re: Facebook testing Bitcoin payments??? on: January 05, 2014, 10:22:05 PM
LOL Dogecoin too Cheesy

2726  Economy / Speculation / Re: What happens on Monday? on: January 05, 2014, 10:12:45 PM
Hodl Hodl Hodl; All the day long

Or

Every day Im hodling, Every day Im hodling
Hodling, hodling, hodl; Hodling, hodling, hodl.

When the bitcoin in tha cribb ma.
HODL while it HOT!! HODL while it HOT!!

When the bulls try to get at yea
HODL while it HOT!! HODL while it HOT!!

And if a bear get a attitude
HODL while it HOT!! HODL while it HOT!!

I got the coinz in da wallet and I'm pouring Chandon
And I roll the best weed cause I got it going on

Cheesy

2727  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [BOUNTY] $20,000 Mini-Blockchain Implementation on: January 05, 2014, 02:05:34 PM
OP I would like to try a pathetic attempt to disprove the concept and advise you to change the design.

0-confirmation with punishment sounds nice but won't work in my opinion.

Scenario:
I'm Bob a malicious person. This coin has a big distributed network after it has become popular.
I spend a coin with the minimal fee so miners put me low on the queue this way it will take some time before I'm processed.
I not only spend once or double but a million fold in a fraction of a second through my modified client.
Since the blockchain is distibuted chances are that many clients will process these transactions parallel and not see the double spending for a while until quite a few transactions have come through.
My money arrives at a good part of the million accounts and my client send it on to another million account without double spending making the last transaction legal.
Since you only need 0-confirmations you can ofcourse instantaniously spend.
My first account will get the penalty million-fold and goes negative but who cares I will discard that account. My other accounts at the receiving end will have done a legal transaction so they will not be penalized.
The blockchain has no way of getting back the money from the end user since it was a legal transaction. If it could you could scam the end user by sending money which will be retracted by the network.
I now have atleast doubled my money and flooded the blockchain with bad transactions.


You can send my $2000 in BTC to 1Ff5jhoHxBFksJhpcwnuKHLvWWPA99kcts Cheesy
2728  Alternate cryptocurrencies / Altcoin Discussion / Re: Pennies CENT giveaway on: January 05, 2014, 01:34:21 PM
PRDS1qX94UjFj7NoJLoqaunbhx35p7iKPz

I hope each penny becomes worth more than nothing in the future Smiley
Giveaways are appreciated  Smiley
2729  Economy / Speculation / Re: Losing all hope on: January 04, 2014, 02:39:53 PM
The best investors know that the best predictor of future behavior is relevant past behavior.

In my opinion this mainly applies for market that are long in existence.
My reasoning is that in the traditional markets there is a relatively fixed population of traders/bots using a lot of the same technical indicators and thus making the market react quickly to those indicators.
In essence making a self fulfilling prophecy based on past performance due to those reacting on indicators.

Bitcoin has only been in existence for a short while so there is not much "past" data to go on. Also there is a lot going on around bitcoin like legislation, etc.
Maybe some new indicators will be adopted based on the volatile start of bitcoin making traditional indicators unreliable.

I've read that traders use 5 to 10 years of historic data to test their indicators on. Bitcoin simply doesn't have enough historical data, and is a starting market, thus making any sound prediction of the future based on the past a hard call.


The trend is your friend.

I agree since this is what's happening at the moment so chance of a trend turning is small.
2730  Economy / Speculation / Re: Official Bitcoin Price Prediction for Dec 31, 2014 on: January 04, 2014, 02:24:22 PM
Looking at the poll you can already see 4 groups of people  Grin

Pessimists <$50
Missed the boaters $100-$500
Realists $3000-$7500
Optimists/Hodlers >$10000
2731  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin Leads Bitcoin in Dramatic Price Move on: January 04, 2014, 12:41:42 PM
not complaining, but does anybody know why the fuck LTC and BTC are going up again?  just new years or something?

BTC and LTC are new currencies (are they?) and people need to adapt to the new prices. Why is it going up?
Usually in economies it's because more people want in and less is available.
Why do more people want in? or Why is there less available?

Maybe it's as simple as
- Difficulty increase
- ASICs less profitable (no new tech yet) pushing the price up since miner won't take less
- Scaresity due to hodling pushing the price up

Maybe social/work reasons
- Media exposure
- More people want more bitcoins due to the popularity, newishness or because it's cool to say you have bitcoins
- People get together at christmas and spread the good news of bitcoin getting more people interested
- People get a cool videocard with christmas and start mining in the new year
- People tend to get bonusses and salary raises at the end of the year which they can invest
- The value of BTC/LTC has stabilized after the crash and people are getting back in again

Or complexer like
- More professional traders coming to the table
- Exchanges are improving their functionality, support and trustworthyness
- ASICs getting cheaper, and more available through secondhand markets, making ASICs more widely available and thus bringing more miners to the trading table
- Companies get their budgets in place and start investing in bitcoin and bitcoin-enabled companies
- Whales have sold their last bitcoin/litecoins and no more resistance going up
- Investor accessibility: Wall street is getting ready to join the fun
- New countries getting in and either allowing or prohibiting bitcoin. More certainty.
- Countries like US and Europe allowing bitcoin.
- China, India have made their intentions clear. China isn't cracking down as hard as we thought.

Truth is nobody knows...
2732  Alternate cryptocurrencies / Altcoin Discussion / Re: [XNC] XenCoin Giveaway! on: January 04, 2014, 12:17:59 PM
XhmDeVLgr6HJ5HTMYEG9M2E7yjykQUSk67

Thank you!!
2733  Economy / Speculation / Re: Early 2014... on: January 04, 2014, 04:31:52 AM
This analysis makes more sense than most of the "pro" ones. Good to see some common sense for a change.

perhaps, but it leads to no strong conclusions, just a general sense of what one person believes about market sentiment at the moment. how would one trade using this analysis? what strategies does it suggest are successful? how likely is it that these strategies will actually be successful?

can the OP answer any of these questions?

--arepo

He doens't claim to be a pro but there is some advice in there.

He advises to HODL since the market is in an upward trend.
He says that Hellork is more optimistic and thus his positive trend is not only his view.

Still poor analysis but HODL has been a sound strategy.
2734  Economy / Speculation / Re: WallStreet Whales are coming: FIG Bitcoin MegaFund on: January 04, 2014, 02:36:17 AM
As far as I know wall street won't be buying BTC directly but will invest in companies supporting or adapting to bitcoin.

Yes, I think so too. I believe the fund would buy-in existing companies, or provide capital for startups like an venture capital funds.  May not boost bitcoin prices directly, but if we see licensed exchanges and more online stores because of this, it would be encouraging news

Wall Street won't be investing directly?Huh  There is a pending ETF that says otherwise.

The pending ETF is for the bitcoin trust I presume. I'm no expert but the trust is just a share of the Winklevoss twins fixed bitcoins account. No bitcoins will be traded directly by wallstreet nor will bitcoins be bought or mined. They are just valuing the bitcoin wallet of the Winklevoss twins through shares. Yes this will influence the price of bitcoins but I think it's effect might be overrated.

I believe many bitcoin companies will soon start issueing shares or get taken over by companies already on wallstreet putting more money in the development of bitcoin infrastructure. This will make bitcoin more widespread and usable pushing up the price.

My 2 cents.
2735  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Development on: January 04, 2014, 01:58:32 AM


sure need some curb appeal

Their product probably matches up to their curb appeal Smiley
2736  Alternate cryptocurrencies / Altcoin Discussion / Re: Where's the HeisenbergCoin? We need to mine METH on: January 04, 2014, 01:56:06 AM
Few clicks and 0.16BTC and it's yours Tongue
http://coingen.io/
2737  Economy / Speculation / Re: I AM HODLING on: January 04, 2014, 12:37:05 AM
so i've had some whiskey
actually on the bottle it's spelled whisky
w/e
sue me
(but only if it's payable in BTC)

Whisky and whiskey are different things right? One is Scottish and the latter Irish?

Correct!

Whisky is Scottish/Canadian
Whiskey is Irish/American

Whiskey is never peaty. I believe there to be only one exception (Connemara).
2738  Economy / Speculation / Re: Chances we'll see another Bitcoin crash ( buying opportunity ) 1st quarter 2014? on: January 04, 2014, 12:21:24 AM
We have had a few crashes ad quite big ones. Price has been sustained for a few weeks and now slowly climbing.
A new crash has a small chance unless some whale wants out at $1000.
2739  Economy / Speculation / Re: So it's 2014, and NOTHING happened on: January 04, 2014, 12:12:42 AM
2013 was the year of the bitcoin

You ain't seen nothing yet!

Duh! Duh!

B-B-B-Baby... Cheesy
2740  Economy / Speculation / Re: Early 2014... on: January 04, 2014, 12:11:35 AM
... in fact very little is guaranteed in life (death maybe).
If you want to have a reasonable discussion about the future, great! When you start using words like "guaranteed", reason has gone out the window.

I concur that death is guaranteed. We don't need to discuss that one!  Smiley

I believe that if you enter a black hole your last second will never end making death no guarantee either Cheesy

And what about Enoch?  And Elijah?

I'm no christian but if you do believe then this is proof too Smiley
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