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3501  Bitcoin / Hardware / Re: Where is Ragingazn628? on: May 23, 2013, 01:56:59 PM
Again: did you use escrow?

no offense, but isn't this only relevant if the chips haven't been ordered?  If they've been ordered I assume John K has already had to forward the btc to Avalon, hence limited protection here.

True. Hope at least you requested for his ID, etc. to be reviewed by mods. You simply do not give such amount of money to a random guy on the interwebz without having his info checked.
3502  Economy / Scam Accusations / Re: Mattew N. Wright still passing off a scam in the past as just a "prank" on: May 23, 2013, 01:54:14 PM
It was obviously not a prank. I he'd won, he would have taken the money for sure. Just check his original post, he was very serious.

The fact that the scammer still tries to justify his default with "I was trying to prove a point about using escrow", etc. it's just a demonstration that he is not sorry about what he did - at all.
3503  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 23, 2013, 01:43:24 PM
With such a low volume, we should go well above $130 to welcome a new uptrend. Let's see how strong is the bull's hope.
3504  Other / Beginners & Help / Re: MtGox autheticator? on: May 23, 2013, 01:34:20 PM
Cool will look into it today after work.  Smiley

As soon as you will do a few small trades on Gox you will be entitled with a free Yubikey. In the meanwhile, you can just use Google Authenticator. Anyhow, it's very important that you print the QR code and the private key string before even clicking on "SAVE". Otherwise, if you lose your phone, or if it fails and become a brick, etc. you will be screwed big time.

And do not forget to add the 2FA also to the "security center" option, otherwise a hacker will be able to change your security settings any time.
3505  Other / Beginners & Help / Re: anybody else registering only for ripple giveaway? on: May 23, 2013, 01:27:06 PM
Maximum How many ripples do you think will given to each user?

100,000,000,000 XRPs
3506  Other / Beginners & Help / Re: MtGox autheticator? on: May 23, 2013, 01:24:45 PM
Use both, Google Authenticator (print the QR code so you have a paper backup) and Yubikey.

That way you have your ass covered.
3507  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 23, 2013, 01:20:15 PM
bitstamp: everything short of the 120.0BTC wall just got bought up (wall is 350BTC).

Yes, there are still huge ask walls on bitstamp, but they got reduced by something like 2000BTC in the last 24hours. So there is definitely a lot of fiat pouring in. It just isn't sitting in the order book (which would be extremely stupid anyway, looking as how it can be used to buy cheap coins instead  Roll Eyes ).

And "tiny" is the wrong adjective at least for bitstamp: It is handling around 25% of all BTC trading volume by now.


I'm not speaking about relative volume, I'm speaking about the bid sum. On gox you still have x20 the amount of fiat compared to Bitstamp, which is expected - it's much slower to move fiat than coins.
3508  Other / Off-topic / Re: The Story Game on: May 23, 2013, 01:16:25 PM
<Sticky: One word per post!>

Once upon a time, there was a Jesus. She walked out unadorned. Then, as bagpipes blared and didgeridoos fell, the star exploded.

Enter the vassals, creating comically obscene gestures with cryptocurrencies. Jesus cried!

Andy B. Casagrande immortalized the scene with photography. Space robots had been shoving corn vicariously into other crevices, hoping that Pneumonoultramicroscopicsilicovolcanoconiosis... perhaps silicosis, or QueerOsis, or trees could accomplish impossible synchronizations.

Fifteen wishes weren't exceptionally productive. She touched herself vigorously with tremendous pillows; creaming out butter flavored LiteCoins. Ironically, Bitcoins never lowered the dust limit so that Luke-Jr would be anally probed by martians invading us to steal our fish for little did we know, Fish is the solution to all our global problems! Seamen relentlessly fapped out the next generation of ASICS which actually works without any electricity at all. Powered by shipwrecks, signals meant that mermaids knew cryptographic encryption algorithms' weaknesses in theory but, in reality, Rpietila gave all.

Thursday passed without BFL taking the biggest shit, which when combined with their largest fanboy, Atlas, every miner stabbed Satoshi irregardless. Meanwhile, trolls eating crow poop, crow testicles, and God's vagina laughed.

Artichokes roasted sweetly over flaming gays, joyfully prepared numerously spiced blockchains sacrificing virgins disregarding matter. Therefore Jesus announced peasantry raping holidays. Upon reflection, Jesus quixotically decided retroactively somewhere in Reptilia's bosom to fuck an ant hill and myrkul touched himself feverishly ravishing all pillows! Lophie touched electrically his "contacts", pondering why her earlobes looked so tasty dipped in mustard sauce from Meze's toilet. Meanwhile, under scrutiny from DHS, MTGox got DDOS'ed by CIA bots, Chinese pygmies licked thousands, drooling custard from cracks forgone.

Alas, we combusted gloriously into eternity with malevolent douchenozzles. Faunlets screamed condescendingly into their rapists' buttholes. Nymphet's carefully propositioned orgies began fondling Eminem's mobile phone until climax commenced. Jailbaits serendipitously surrounded Clinton's ASICS with their pussy cats. "STOP!" The sign clearly said across a dark alley. Cheese fell curiously from long faces, inedible, moldy, green, and cheesy testicles blossomed into uncanny tsundoku associations. Yanderes' throbbing cunts glistened against Ripple.

Meanwhile, in MtGox headquarters, Three musketeers manipulated cocaine unintentionally, sabotage England Association Initiative Network Response Team, and boogies sabotaged planes using their
3509  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 23, 2013, 01:07:36 PM

-Bitstamp Orderbook is looking better every hour


Unfortunately I do not see that. Bid sum at Bitstamp was $955k a few days ago. Now its $1.05M. That's a tiny improvement. And it is still a joke compared with the $20M sitting on Gox's order book.
3510  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 23, 2013, 01:05:50 PM
Both fiat and BTC are saying "bye bye" to Gox.

I'm not sure I infer that from the charts. Ask orders going down yes, bids holding steady yes, and price steadily increasing (with highest price amongst all exchanges) implies to me that a rational trader would be keeping BTC on Gox at the very least. With bid sums staying where they are I don't think its conclusive to say fiat is leaving either

Well, I can guarantee you that I'm leaving both my coins and fiat at Gox atm, even if i have to admit that I reduced my trading position by 80% after the Dwolla situation. I was going to do that in any case, as I stated a lot of times I do not like to sell coins, only to buy them after/during dips and crashes.
3511  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 23, 2013, 01:03:08 PM
We just broke the highest price of the last 7 days.

It will be interesting to see what happens at Bitstamp, with those HUGE ask walls.

3512  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 23, 2013, 12:57:24 PM
Both fiat and BTC are saying "bye bye" to Gox.

3513  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 23, 2013, 12:56:40 PM
Breaking $125 feels good Smiley

3514  Economy / Scam Accusations / Re: Butterflylabs Huge SCAM on: May 23, 2013, 12:32:51 PM
Ive order BFL units and cant wait for it to come in....

And here you have a practical demonstration about how the preorder scheme is working wonders for BFL.

The fact they are still spending huge amounts in advertising to trap clueless newbies in their scam, regardless of having missed the deadline for at least 7 months, is such a red flag that I really cannot understand how people is still hoping to recover any investment made in BFL units.

HELLNAUT, you better cool off, as you will have to wait for many months (if not years), and what you will receive is not a miner but a beautiful coffee warmer.
3515  Bitcoin / Mining / Re: BFL - butterfly labs - a SAD state of affairs on: May 23, 2013, 12:23:33 PM
As long as no one confirms that we've received their order BFL can say what they want....

I received my pre-ordered (day 2, I think) Jalapeno today.


Jeez, man. First you cooperate with the CIA. Then you get a BFL ASIC miner, which is some sort of mythical artifact at this stage.

What's next, partnering with Mr. Shavers to launch a Bitcoin fork?

Just joking of course  Grin
3516  Other / Off-topic / Re: I want to sue Google on: May 23, 2013, 11:18:39 AM
Honestly, it's your fault.

You do not use Google Authenticator without:

a) a paper backup of the QR code to activate it
b) a backup of the secret key
c) another OTP mechanism in case you lose your primary one (for example, you can have both Yubikey and Google Auth on Gox, and you can use any of them)

What would have happened if you lose your phone? Or if the phone died on you and became a brick?

I really do not get how you guys can have such important things without any kind of backup. It is really beyond me.

I was definitely going to do that because of the theft or anything but the app dropped the Token so quickly.

You do that immediately, otherwise you are screwed. In fact, as soon as you add a new "software authenticator", first thing you do is to print the details including the QR code and the key strings. If you do not have a printer, you copy by hand your private key string. You do this before pressing "SAVE".

Otherwise you are looking for big problems, Google will never be held liable for that. It's like saying  thatGavin and the core developers of Bitcoin are liable and must pay if your wallet.dat is corrupt and you do not have any backup of it.
3517  Other / Off-topic / Re: I want to sue Google on: May 23, 2013, 11:04:25 AM
Honestly, it's your fault.

You do not use Google Authenticator without:

a) a paper backup of the QR code to activate it
b) a backup of the secret key
c) another OTP mechanism in case you lose your primary one (for example, you can have both Yubikey and Google Auth on Gox, and you can use any of them)

What would have happened if you lose your phone? Or if the phone died on you and became a brick?

I really do not get how you guys can have such important things without any kind of backup. It is really beyond me.
3518  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 23, 2013, 10:59:16 AM
Well, if you are bullish, a wall like that means you don't get much price slippage when you buy.

Many people have given this same slippage explaination over and over again since I joined this forum.

The reason I don't believe it is that I've always found it quite odd that someone would sometimes wait for the price to increase by as much as a dollar or two per Bitcoin until we hit a wall only to then buy it all to avoid slippage  Roll Eyes

My post was to suggest a possible reason for a big chunk of the 1000 BTC ask wall at 123 being eaten. If the wall was further away from the strike price then I think I'd agree with you. IIRC it was just under 123 with very thin asks in between.

IMHO a bullish buyer saw an opportunity to quickly pick up a lot of coins (660) at a fixed price. Wouldn't you prefer to get all your coins at a fixed price and let others lose on slippage as they push the price up?

Note that "quicky" means not having to sit for hours on Gox buying small amounts of coin at a time, or risk pushing the price up by setting a large bid, and finding all the speculators seeing this as a signal to push the price up.

BTW, I don't consider 660BTC that huge amount of coins. You can make a market order for that quantity and the slippage is minimum. If we speak about +1,500BTC... Well, that's another story.

I'm new to BTC and a bit naive about trading, so my understanding could be wrong. But I get the feeling that 660 BTC is a bigger amount with the relatively smaller volumes this week.

I am interested in any other theories why someone would buy 660 coins into that wall. My theory was that it's a day trader who saw an easy way to enter a position. Maybe it could be a newbie who doesn't know better?

In any case I wish I'd bought some too at $123!

Well, you just have witnessed a +BTC700 market buy less than 20 minutes ago, and the boost in price was just $0.5, which means a tiny 0.4% slippage.

Of course daytraders will want to avoid that 0.4% slippage, but 99% of Bitcoin investors simply don't care about a 0.4%.

Volume may be low, but market depth is strong.
3519  Bitcoin / Hardware / Re: Where is Ragingazn628? on: May 23, 2013, 09:41:36 AM
Again: did you use escrow?
3520  Bitcoin / Bitcoin Discussion / Re: The Holy Grail! I wish I could kiss the author of Bitmessage on his face. on: May 23, 2013, 09:20:48 AM

LOL, that made my day Cheesy

But seriously, really excited about this. Let's put some serious work on this thing.
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