have my OTP unlinked by MtGox if I supply verification
Was the account already a verified? (Level 1)? |
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All feedback from our customers is very welcome.
I see that your site also cashes out gold. Can the payout be made in the form of bitcoins? Also, is there a Twitter account for your site? |
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What's stopping someone from obtaining my wallet address and stealing from me?
It seems to me that once you have the actual address you can pretend to be that person with any other wallet application out there.
Take a look at BitAddress: - http://www.bitaddress.orgAfter wiggling your mouse It shows a paper wallet. It has a private key and a public address. All that is needed to spend is the private key. From that private key, the public address can be determined. The Bitcoin.org client doesn't let you see the private key, only the public address. In your wallet.dat are the private keys for each of your addresses. As long as those are kept protected from unauthorized access nobody else can spend your funds. You might want to use the passphrase encryption available to help protect the keys in your wallet.dat from some of the theats to it -- but don't lose the passphrase and make backups after you've encrypted. |
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Other than that, we will keep developing the site further and making it easier (and safer) to use.
I'm noticing the number of countries and cities increase. Can you provide an updated total of active traders? Maybe broken down as total (buying), total (selling) and total (buying and selling) (which would be less as a person that both buys and sells shouldn't be counted twice) |
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Can someone explain me what the gray bars mean?
It was neither green (closed up) nor red (closed down). It opened (last trade from prior day) at $12.40 and closed (last trade for the day) at $12.40. |
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Ooops! I posted this in the wrong place. Meant for Currency Exchange. Mod, please help. Thanks
You can move the thread yourself ... bottom left, click "Move" |
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I have no trustable bank accounts currently
This won't help for getting any coins in the next day or so, but you do have options. Get a Western Union prepaid card, which carries no monthly fee. Then you can transfer your PayPal funds to it (ACH/direct deposit). Then from there, you can link that account using Dwolla and from there move funds to an exchange which accepts Dwolla. In the meantime, if you have a PayPal debit card, you can withdraw cash from the PayPal account and then deposit that cash into any of the many methods where bitcoins can be purchased with cash, including BitFloor (Chase and Wells Fargo), BitMe (Chase), or for $500 worth, Bitcoins Direct (Bank of America, Wells Fargo or PNC Bank). Of course BitInstant adds thousands of additional locations like 7-11, Walmart, CVS, Moneygram locations, etc. |
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One of the biggest costs in running mining equipment is going to be power consumption. A 1,500W BFL Mini Rig SC costs $5.40 per day using the U.S. average residential rate of electricity around $0.15 per kWh. So that is under $2K USD per year in electricity. For an investment of $30K, $2K going to electricity isn't a particularly huge issue, though definitely operating one where electricity costs are $0.03 per kWh (like it is near Hydro electric generation) is going to be more profitable than running it where electricity costs are above average. This compares to GPUs whose capital costs were low compared to the cost of the electricity to run them. For comparison, a $1,100 GPU rig consuming 700W has electrical costs of $2.52 (using U.S. residential average of $0.15 per kWh) and $919 per year. Of course, figure in the cost of capital per hash and this difference is even more pronounced. Capital costs: GPU rig: $785 per Ghash/s. ASIC rig: $30 per Ghash/s. So ya, the cost of electricity is becoming much less of a factor than it used to be. |
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It should be 0.001 for the time being. Are you saying this because 0.0005 transactions aren't first in line? So what happens when everyone is at 0.001 and you have do be 0.002 in order to get first in line, will a 0.001 fee then be too low? The answer, is yes, of course. So the fee you pay should be on your individual circumstances. If you want to improve the changes of getting into the next block, then a higher fee can help. |
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Would there be room to display the value of those coins in USD or currency that I choose? The reason is, if I am purchasing in dollars but the amount presented to me for payment is in bitcoins, I can't easily know how much I am actually paying. If I can see the USD equivalent (using Mt. Gox last, or maybe 24 hours VWAP, for instance) I can know pretty quickly if the merchant is taking a little too much liberty with the exchange rate. |
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We're already at the expected price increase (from $5ish to $12ish) oh I hadn't thought so... pure speculation on my part of course, but I'm expecting to see ~25% increase in price within a week of the halving. I edited my post, as that is pure speculation on my part. I don't know if it is priced in or not. I was just relaying how when the exchange rate was $5 the argument was that as people consider the block halving, the exchange rate should double. And I was just trying to make the argument that perhaps this has already occurred, is priced in, and won't be going up further just because the halving is about to arrive. |
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Forgive me for hijacking the thread,  but under what circumstances does the the latest bitcoin client warn you that the wallet is out of sync?  I believe simply nothing more than is the timestamp for the last block in the longest chain older than it should be. I don't know if that is like 30 minutes or two hours, but if it hasn't gotten a block in a while, then more blocks are needed, and thus the warning. |
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