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3441  Economy / Speculation / from this graph it appears only need 13 mill to goto $50 and $10 mill to $200 on: April 21, 2013, 04:20:46 AM
if I understand it right (the lower graph zoomed out)
http://bitcoinity.org/markets?currency=USD&exchange=mtgox

...also or course much more money comes on and of the market at it move but this gives a rough metric....as I suppose its sorta proportional deflection either way..

my point being, its such a small market at them moment....13 mill is nothing, thats $113 from every member of this forum

BTC really needs to be  13T make this kinda move before we will see anything like a stable currency, because then you will need a player with over 10T ready to go to affect the market....which really narrows it down, to very large gov's who even then would likely find it hard to mobilize that kinda cash at short notice without largish repercussions

that's my 2mBits worth
3442  Bitcoin / Electrum / /electrum wallet osx on: April 20, 2013, 02:57:10 PM
where is this located...i cannot find the /electrum folder or any .dat file???

thanks in advance


found it


comand+ shit +G

then enter
~/.electrum
3443  Bitcoin / Electrum / Re: no amount value, OSX v UBUNTU on: April 20, 2013, 02:33:19 PM
Settings > View > Expert Mode

yes i have done that and....nothing
3444  Bitcoin / Electrum / no amount value, OSX v UBUNTU on: April 20, 2013, 06:26:00 AM
Why does the OSX version have no amount next to each address but UBUNTU does (both 1.7.3 i think)
3445  Bitcoin / Electrum / electrum question...determanistic seeds.... BTC thread on: April 20, 2013, 05:21:47 AM
So with electrum wallets it uses a deterministic seed system

But does this no mean that you could determnaisitcally create that seed as well?

what is the basal entropic even that ensures only your get that seed.

Eg could I just set up a computer eg a MBP write a program to change the clock to run through every date/time and thus collect all seeds?Huh then plug in and see which ones give me wallets???

 i recall writing programs using psuedo random number generators (years ago) and they always returned the same output....depending on clock

edit:buler buler buler....anyone

http://www.youtube.com/watch?v=f4zyjLyBp64



3446  Bitcoin / Pools / Re: [5.5TH/s] Ozcoin Pooled Mining |DGM 1%|PoT 2%|PPS 3%|Stratum+VarDiff port 80 on: April 20, 2013, 02:12:19 AM
This really really #%$#blows...Graet is tops, and puts his all in to be fair and offer great service....one of the beacons in the bitcoin community....and now this.....!


3447  Alternate cryptocurrencies / Altcoin Discussion / Re: [BTE] Anon136 now offering orderbook + escrow service for Bytecoin on: April 19, 2013, 02:43:04 PM
I would like to order 30000 Bytecoin for 3.03 BTC (0.000101 BTC per Bytcoin), and 30000 for 1.5 BTC (0.000050 BTC per Bytecoin).

Thank you

Im suspending my orderbook service because a real exchange should be coming online sometime today. The bteex domain name will be pointed at the real exchange.

I see only "We're sorry, but something went wrong."

at bteex.com? you should see

"Welcome to the Bytecoin Exchange
We are currently in pre-alpha, get on the BTC testnet and try it out."

confirmed working...and I'm pretty far away.......may take a refresh to force down to your node.....
3448  Economy / Speculation / Re: The only thing more volatile than BTC are the opinions in this forum on: April 19, 2013, 02:17:30 PM
OP is a legend

I'm sure that's satire....thanks!
3449  Bitcoin / Bitcoin Discussion / Re: XBC / XBT > BTC on: April 19, 2013, 12:53:56 PM
0100110001100101011101000010011101110011001000000111010101110011011001010010000 0010110000100001001000011001011100010000001010100011010000110100101110011001000 0001101001011100110010000001110100011011110110111100100000011010000110000101110 0100110010000100000011101000110111100100000011100100110010101100001011001000010 1110

6e 6f 70 65 2e 6a 70 67
3450  Economy / Speculation / Re: My almost daily chart for 19th April 2013: we are back over THAT trendline on: April 19, 2013, 10:21:41 AM


Over the 1.8% daily growth one that held for 10 weeks - which is still a mighty fine trend!

your theory looks sound, but your graphing software....has issues, the low was 50, your chart does not seem to read that...
3451  Economy / Speculation / Re: Gold collapsing. Bitcoin up. on: April 19, 2013, 10:18:48 AM
I see little chance of a larger correction to gold price unless the economy starts a miraculous recovery, which I don't believe in. Peak oil is still the most relevant problem that probably won't go away easily, next decade the earliest. Energy is the backbone of the whole economy and the gradually and slowly rising energy prices are a major source of friction in the economy causing everyone to take on more debt. Players in the economy are desperately trying to sustain growth while fundamentally there can be no growth because the energy to support that growth is simply not there.

Thus the problem is much deeper than many realize, in the current situation every time the economy "recovers" oil demand spikes and then oil prices spike causing another major crash. In fact the crashes get bigger every time, with the world being still so dependent on oil. I expect that what we saw in 2008 will be small once we hit the next cycle.

I expect the economy to do a larger fake recovery soon, but then we will go much deeper than in 2008. Simply because not enough has been done to reduce dependency on scarce resources such as oil. Global oil production hasn't increased since 2005 most likely, yet demand keeps going up thanks to China and other growing economies.

Gold bugs know all of this and will certainly feel more safe with gold than USD. Even though I'm quite bullish on Bitcoin long term, I still hold significantly more value in gold than in bitcoins. This could change but slowly, over a period of many years. Once I feel more confident about the economy and the state of Bitcoin I might consider changing more gold into bitcoins.


peak oil what a scam

coal can be made into oil, good for another 300 years

thorium reactors, product substitution, tram systems, actual city planning

peak oil is n#1 scam
3452  Bitcoin / Bitcoin Discussion / Re: XBT > BTC on: April 19, 2013, 08:11:42 AM
In light of recent implementation of BTC prices on some sites such as CNBC, I think it's time we follow the ISO 4217 currency code standard in preparation of larger organizations.

Yes, there are a plethora of threads just like this one, one posted even last month and some 2 years ago. That doesn't change the fact that it's an important topic that needs attention.

This standard is created by the International Organization for Standardization and is published as a list of standard currency codes referred to as the ISO 4217 code list.

Currency codes are composed of a country's two-character Internet country code plus a third character denoting the currency unit. For example, the Canadian Dollar code (CAD) is made up of Canada's Internet code ("CA") plus a currency designator ("D").

In the event a code is not sponsored by a government or country in specific (Bitcoin), it is preceded with an "X". If Bitcoin is ever to be added to the ISO 4217 currency code list, it is the belief of many including myself, that this will happen as XBC or XBT (edit: XBC being unlikely since the EU has used it to refer to a bond). To facilitate this transition, from this day forward I will be referring to bitcoin as either XBC or XBT in all of my projects, writings, and work. I ask that those interested in the standardization and mainstream adoption of Bitcoin do the same, or in the very least explore and share their opinions on what we can do to make the code more standardized.





I really really don't care if they don't call it anything....you have it wrong.....their currencies will likley be defunct in 15 -20 it years or a remnant of a bygone age.....seriously its like you want to be ruled.....over by some insignificant organization
3453  Economy / Speculation / AlpacaAnnouncer changed sides....speculate why..... on: April 19, 2013, 08:07:02 AM
go....

I ascribe to the theory that he changes after each crash, and he has to be right there must be a crash at some point (I prefer newb stampede....buyuubyubyuuy inb4 2 l8.....fkfkfkk my gox is down selllllll)
3454  Economy / Speculation / Re: The only thing more volatile than BTC are the opinions in this forum on: April 19, 2013, 06:30:14 AM
there said it QED.

(even LiamaAnnouncer changed views today....methinks he bought back in)

I'm shocked the Speculation forum is full of people speculating. Go figure.

touché.
3455  Economy / Speculation / The only thing more volatile than BTC are the opinions in this forum on: April 19, 2013, 06:24:21 AM
there said it QED.

(even LiamaAnnouncer changed views today....methinks he bought back in)
3456  Economy / Speculation / Re: Bitcoin's largest crash in history: Tale of the tape & why a recovery is likely on: April 19, 2013, 06:20:28 AM


Two days past the biggest one-week crash in Bitcoin history. What have we learned? What should we expect next?

Two important things we learned: one, Bitcoin isn't really stable yet, and two, a bubble will pop as soon as everyone stops calling it a bubble. But is the bubble done?

In my opinion, yes. A glance at Bitcoin's brief history reveals that at no time did the correction from a rally to all-time heights, bubble or not, dip below the high from before the rally. That is, the only rallies that were smaller than their corrections were rallies that are corrections themselves.

Normally, there would be months of downtrend after a new all-time high (even more if the rally was big). However, the record-breaking crash of late happened to shave off almost the last month of growth. And that last month of growth started from $32—the point where the previous all-time high rested.

My claim is that the rally did not start until one month ago when $32 was broken—everything before that was a correction from $2. If history holds, this bubble's popping will not overtake the rally that caused it. And if the rally started at $32, then it looks like the bubble has finished its popping.

I'm not saying that we will have an easy path to $200 by any chance. If the last bubble was any indication, it could be years until we reach $260 again, even though there's less ground to be made up this time. But I will claim it's easier to get to $260 than it is to $40, which at the current price means the price is likely to recover.

So let us wait and see.

we only dropped from 200 whatever because of a dodgey exchange. This event has given great impetus for other exchanges to open and, the market will be come more resiliant

Rubbish, if there was confidence in the price then the downed exchange wouldn't have had an effect.

nope.jpg not when 70% of newbs have never experienced a downturn/or any access to their ability to exchange for FIAT, this will happen cyclically as exchanges get attacked and the next set of newbs sell out and go ape. This is further compunded by their being just one large exchange. Over time though people will become jaded to ddos, and the price will more or less stay the same....in fact many of the older hands will welcome them as a chance to pick up cheap coins from newbs. The time to sell is at near or full market penetration if then....which will be in the 5 - 100 Trillion mark divided by the number of CryptoCurrencies that will make it...and that's a way off yet.....me I am buying up PPC.....it is by far the best and least understood CC demonstrated by the fact no one has copied it yet. PPC is at where BTC was at 2 years ago and may surpass BTC.
3457  Bitcoin / Wallet software / Re: Can You elect which address BTC comes from in MultiBit or Electrum??? on: April 19, 2013, 06:11:37 AM
Can You elect which address BTC comes from in MultiBit or Electrum???

Thanks!

You can do it in a slightly clunky way with Electrum. You can mark addresses as "preferred" or "frozen" in the right way to get it to make the transaction you desire.

ok i see, so freeze all the ones you don.t want and prefer the one you do want....

I am a bit lost a to how the internal algorithm decides what to take fro where....?

I know that blockchain.info allows you to do this.
3458  Bitcoin / Wallet software / Can You elect which address BTC comes from in MultiBit or Electrum??? on: April 19, 2013, 02:17:29 AM
Can You elect which address BTC comes from in MultiBit or Electrum???

Thanks!
3459  Economy / Speculation / Re: 100!!!! on: April 19, 2013, 01:55:54 AM
I think the price probably will pop back over $100 in the next week or so, even if it's only temporary in the short term.  Longer term, yes, I think we're headed more solidly back over $100.

satire...

Must be going down....Proudhon has never be wrong/right.....
3460  Economy / Speculation / Re: Lets say they try to make bitcoin illegal on: April 19, 2013, 01:54:15 AM
Bill 0110010
KILL BITCOIN ACK of 2014
"No bank is allowed to hold funds for bitcoin exchanges."

what will you do?
what will price do?
will you sell your 100BTC bitcoin stach locally for peanuts?
will their be a new way to still be able to trade large amounts online?

being illegal, made drugs cost *less* .....now if only they were as transportable as BTC
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