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4081  Economy / Trading Discussion / Re: Buying Ripples (XRP): Giving 15$ in BTC for 40.000 XRPs on: March 04, 2013, 11:44:52 PM
actually now on a 1/3 bellow market

it got to 19K ask 15K bid yesterday

and is back to 40 ask 30 K bid region today

classic 2/3 retracement....OR....Ripple dumped som stock to make ripple not appreciate to quickly, as no one would take it seriously
4082  Economy / Trading Discussion / Re: SO who is going to arbitrage the !@#$ out of Mt gox to BTC-E on: March 04, 2013, 11:41:43 PM
Yeah, 6.65% for between bitstamp and btc-e and 5.96% between gox and btc-e for buying and selling 1k BTC.
6% + can overcome fees and transaction costs probably for some lucky trader Smiley






Hey whats this trading platform?Huh
4083  Economy / Service Discussion / Re: Official Gox / CoinLab Integration and Transition FAQ on: March 04, 2013, 11:19:04 PM
Ok next part

(I should be charging for this stuff)

Let be realistic CNY is a different social os, fraught with issues,

however, they are less likely to kill an enterprise that makes them money and gives the potential openings in emerging areas and outs they want.

See even when they do "kill them off" for political expediency, they will just be re-branded and quietly go on making money for the "owners" but therein is the rub

a company of any significance is going to have to sign up with local "officials", "companies", "soe" and know who to sign up with.

If you make any serious money, you may find your self offered a window seat and a portion of that money. IF you fight it (as one certain British chap did) they will take your operation...though with BTC they will be more reluctant to rely on entirely local staff to keep the money press rolling, and want foreigners to blame if it does not turn out as much money as the higher ups had promised/owe their higher up etc etc.

With BTC though you have an ideal vehicle on several fronts, you can keep a lot of your value/profit in BTC or you have to run very lean and cash out into other currency's to minimize the day when CNY govt/ses "takes" over an you get a window seat.

But who cares you have most of the value by drip feeding out, they will want to keep your operation going and at least have some of you their....meanwhile your JPY/Viet operation keeps going as normal if not even better, as you shift the bulk of the transaction through them, leaving at least some in the CNY outpost (if you have this much control left). You want the CNY operation to be alive even if you have to cut the profit their because it acts a anchor to other operations, this cost or dimisihed profit is properly an insurance premium in the Geo-poltical insurance market.

CNY demonstrated recently with FATCA they would politely, but publicly humiliate the US financial/legal/govt system, while the western client powers at least paid lip service to it (the reality is here the western powers will let the US kick a few doors down if it make the USA happy for domestic political expediency but will most likely find it "prohibitive" and counter productive follow the FATCA that closely)

Further while BTC/CRYPTO is miniscule CNY has diversified already to a breadbasket of currency, and are looking for every potential lever it can to quietly unload USD...pretty hard to do when you have X Trillion...but look at what btc/ripple may do....this will not be lost on CNY and they may even actively back it just in case it works out to get big enough...even if it remains small it will provide the more "important" government offices a means to diversify their interests.....

Now on to Vietnam, similar to CNY but no friend of CNY...enough said...an you only need somewhere to keep you stuff with an internet connection...(that's fast and hard to block)

back to JPY....a nightmare for the US to try and enforce anything at all or at least quickly and not always on the friendliest terms with regional neighbors

I would also probably look at Singapore.

Anyway...diversification of the machinery of the BTC/RIPPLE beast and it friends is a prudent decision, partricaully when you are clearly ensconced in JPY already.

Of course this could be a double feint here and Gox actually keeps everything quietly operating in JPY and is just making a lot of noise about going to new US friendly jurisdiction....one hopes so.
4084  Bitcoin / Bitcoin Technical Support / Re: private key rebuilding from scratch on: March 04, 2013, 10:25:21 PM
Electrum uses a deterministic algorithm for address generation (I'm not sure if MultiBit does).  Bitcoin-Qt and Blockchain.info do not.  They use random keys.
.....>>> With blockchain.info, a new address (hidden from your view) is created every time you create a transaction to send bitcoins as well as every time you request a new address in the "receive coins" tab.  You need to create a new backup at least before 100 addresses are used.

[1] Huh? so block chain.info creates new address all the time?Huh? how do I get the private keyy for these??? how do I dump them

[2] what happens after 100 in block chain info???

also



so as it seems when you send money all you balance is sent but then returned except for the spend bit, it is retuend to a different address in your wallet that you do not have the priv key for!!!


You have the private keys for all your 'change' addresses.  You just need to go into the console and dump them.

Actually, if I understood what the OP is saying correctly, they are using blockchain.info/wallet, so they don't have any 'change' addresses, and they don't have a console for dumping them.  I believe the 9k and 7k losses they were reading about were probably from users who were using Bitcoin-Qt and who didn't know that Bitcoin-Qt created its own 'change' addresses.


Actually, if I understood what the OP is saying correctly, they are using blockchain.info/wallet, so they don't have any 'change' addresses, and they don't have a console for dumping them.  I believe the 9k and 7k losses they were reading about were probably from users who were using Bitcoin-Qt and who didn't know that Bitcoin-Qt created its own 'change' addresses.


[3]...>>>this seems to indicate blockchaininfo wallet send the money back to the single address?Huh? or does it send back to a temporary address and then send the whole amount back to the original address?Huh??

[4] I don't understand why Bt-qt doesn tensure that the whole amount goes to the origonal address???

4085  Bitcoin / Bitcoin Technical Support / private key rebuilding from scratch on: March 04, 2013, 04:46:54 PM
I am confused

I thought that if I had private key for btc address 11ABpUEFZLoTJLhWZAublahblah say in a blockchain.wallet info

I could put the private address into my local bt-qt client and rebuild my wallet from scratch without and wallet.dat

OR

I could get the private key from my bt-qt, and use that to build my wallet from scratch on aother computer


BUT after reading those two guys who lost 9K bitconts and around 7K respectively

it seems a whole bundle of btc address are created that you never really see....and the private key you get is just the one for the original transaction.

so as it seems when you send money all you balance is sent but then returned except for the spend bit, it is retuend to a different address in your wallet that you do not have the priv key for!!!


I tried to rebuild my blockchain.wallet in my local 0.8.0 bt-qt and it appeared to work.....


but I am not sure any more....

please help!




4086  Economy / Service Discussion / Re: Official Gox / CoinLab Integration and Transition FAQ on: March 04, 2013, 04:12:55 PM
my 2 cents worth...from a think tanker

if Gox had any sense, coin lab as well

they would have 50% or their operation in JP and 50% in the next location


but each 50% be self contained, Ie can operate independently , but synchronize the results eg price/volumes

this because say what you like the regulatory regimes are different

however they are set up now appears to be working....no matter what they tell you it only takes on politician/executive officer or administrator or oversight to stuff you up.

to go all in to a new jurisdiction is asking to fail and cause big issues.....


why would they risk this being so well entrenched in Japan

further

not being in the USA or near and being in say JP or CNY or others is a natural buffer, as other countries allow things other countries crack down on for all sorts of reasons and often to frustrate the country cracking down for geo-political reasons/advantages/pressure.

Gox and OC are looking politically naive particularly if they are sure about the huge success of BT/Ripple etc. I see on BT coin foundation and Gox they are pretty light on think tank brains/geo political types....they need to beef up on this seriously, start ups pro's, lawyers, scientists, IT people, are not usually the best for this, nor have the time, mandate or background to think this through, a lawyer may come close if having done a lot of international law...

...I would stay in JP and also set up shop, albeit through holding companies and the like or even Intellectual Property licensing so the money is remitted to them for their systems + conditions of using IP eg how company must operate = transfer of money up (and distribute) and almost complete insulation, in china and vietnam, then you are NOT going to be taken down in any hurry by any western govt. I do not deny that this throws up other problems but more on that later



4087  Economy / Trading Discussion / Re: SO who is going to arbitrage the !@#$ out of Mt gox to BTC-E on: March 04, 2013, 03:48:08 PM
when the spread gets big enough...some one will do it....
4088  Economy / Trading Discussion / SO who is going to arbitrage the !@#$ out of Mt gox to BTC-E on: March 04, 2013, 03:19:45 PM
 Smiley
4089  Economy / Speculation / Re: Bitcoin is never going to hit $35 on: March 04, 2013, 02:08:10 PM
i love the fact such a prediction will be recorded for all time as wrong

$36.0xxxx
4090  Alternate cryptocurrencies / Altcoin Discussion / Devcoin Bounty on: March 04, 2013, 05:51:08 AM
Can some one explain to me how Devcoin Bounty DVB pays dividends

I can see it gives out bounties but how does it make any profit if all it does is give out bounties

what am I missing?Huh?

>>>
Ticker   DVB
Name   Devcoin Bounty
Listed on   August 18, 2012 06:17
Owner   richard.porubcan@gmail.com
Fee surcharge [%]   0.0%
Shares issued   20,000,000
Shares held publicly   3,535,456
Total dividends paid   33926628.47361658 DVC
Web page   http://devcoin.org
Security type    Shares
Rating   White
Description:   
Devcoin Bounty Security Devcoin Bounty Devcoin is an ethical currency where 90% of the generation goes to open source developers and part of that will go to bounties. The bounties will be primarily for development of software, hardware, and non fiction books, articles, and documentaries. There will also be bounties for the first people to help with new projects. There won't be any bounties for fiction; because you can't pay someone to create a fiction to a specification and expect a great work; you can only support those who created fiction of their own imagining.///etc
4091  Economy / Securities / Re: [CRYPTOSTOCKS] Vircurex [VCX] - Going public on: March 04, 2013, 05:45:15 AM
IPO coming to a closing end of Feb 28th.  Based on the current BTC price of 32.50 USD I have adjusted the required share numbers:

  Total issued: 29500
  Free Float: 8550

As of now we have 8538 shares sold, thus I'll make up for the difference if we don't reach the 8550.   Thus I'll leave the IPO running till end of Sunday to offer a last minute opportunity for share purchases.


I was wondering about that...as I purchased some shares, and nothing happened on 28th....you should put announcements on the Listing/book build page

also as soon as I saw VCX was listed I though what about crypto surley it should list on itself?Huh


Announcement?  Good point, done.

Listing CS? Something I might follow up on in some time, once all the promised changes for VCX have been done (incorporation, various new features, new fiat currency support, etc.)

You have built a CS platform (took your work)  and it integrates with VCX that you have raised funds for, it would only be fair (to you) to be able to get a proper value from it, your work!!!!

also any appreciation can be sent to

16hijiSkt9NCpoUWCyiM57Y1VSWWpHcaRB
rBpEVy5sSkq4KPgP12TQxQwxVbp31xRbsF



4092  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple "Propogate" on: March 04, 2013, 03:35:39 AM
Since XRPs are not IOUs and not self-issued, I don't think you can "trust" anyone for any amount of XRP.

You trust people in terms of external currencies like BTC or USD.

sorry, good point i meant 0.003 BTC trust this = about 100XRP

on the current BTC/XRP RIPPLE trademarket

No trust is required to transact in XRPs.


Actually this should be called Propagate XRP/BTC
4093  Alternate cryptocurrencies / Altcoin Discussion / Ripple "Propogate" XRP/BTC, 100G/100T 50% on: March 04, 2013, 03:24:33 AM
Ok I have invented the term Ripple "Propagate"

"Propogate" XRP/BTC, 100G/0.003BTC x10 50% V

this parts mean
XRP/BTC currency repair which means

XRP 100 GIVEAWAY
for
BTC 100 TRUST

x10 up to gives of 100 XRP

50% = pass on 50%

I will give away 100 ripples to the first 10 different sigs in this thread from different users

I ask in return that

[1] you trust me to the the value of 100 ripples (0.003BTC) and do not remove that trust.
[2] You send on 50 ripples to someone else and ask them to trust you for 50 ripples, AND to trust me for 50 ripples
[3] and ask them to send on 1/2 again and trust you for that amount

I want to see if any of this will work and how far it will propagate.
feed back as to how far this goes down

etc



4094  Alternate cryptocurrencies / Altcoin Discussion / Re: Free Terracoins just post your wallet! on: March 04, 2013, 02:55:02 AM
1FwPCH9mC7tXDjNSpjvJkLjuuD6NxBi9wh
4095  Economy / Currency exchange / 0.1 BTC 5K ripple mini floor on: March 03, 2013, 10:53:15 PM
0.1 BTC 5K ripple mini floor

(or multiples if you want of this amount)

send XRP to

rBpEVy5sSkq4KPgP12TQxQwxVbp31xRbsF

PM me your
ripple sig
BTC sig

I will send 0.1 BTC

I will spend only up to 1 BTC in this mini floor






4096  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Giveaway! on: March 03, 2013, 12:16:24 PM
rBpEVy5sSkq4KPgP12TQxQwxVbp31xRbsF
4097  Alternate cryptocurrencies / Altcoin Discussion / Re: How can i get XRP on: March 03, 2013, 11:52:53 AM
how long to wait for payment in Ripple Giveaway?

seemed quite quick
4098  Economy / Service Discussion / BitStamp down!???? on: March 03, 2013, 09:52:50 AM
Can you still access bit stamp?Huh

The ripple payment fell over

now I can not access bitstamp?Huh
4099  Alternate cryptocurrencies / Altcoin Discussion / BitStamp ripple payment system down! on: March 03, 2013, 09:19:21 AM
BitStamp ripple payment system down!
Huh?

why???
4100  Alternate cryptocurrencies / Altcoin Discussion / Re: How can i get XRP on: March 03, 2013, 09:11:15 AM
My pleasure

you may have made the best return on investment in ripple yet!!!! your trust paid off !
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