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For those filing various cases. I think it'd help if we all posted the info we have for quick reference. From the website:
Contact info
Call: +617 3102-9666
Name: Andre Jensen
High Net Worth Property Pty Ltd
Trading As: World Bitcoin Exchange
ACN: 61 131 700 779
Gold Coast
Queensland
Australia
4208
Unsure:
Personal contact details
Email address
Personal Address
Lawyer contact details
Also, does anyone have the dates that the company was de-registered?
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There's a lot of good threads in this post... How did the eurozone countries eg Greece for example transition to the euro in the first place?
Would that be a good model to switch countries to bitcoins?
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I just finished the Steve Jobs biography so I'm looking for a new ebook to read. What are you reading at the moment?
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That is totally awesome. He should have held on though, looks like he got scared and bailed out at the worse possible moment haha. If he held it, it'd have been a totally awesome move. |
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Aah I see notme, thanks for sharing. Anyway, I had a look around and found this: http://finasystem.sourceforge.net/Its a PHP library written for 50 of the most popular technical indicators. The project has not been updated in a very long time (dates back to 2006) but it looks pretty comprehensive. I'm going to have a play with these and I'll report back with how it performs. I found one that is current called TA-Lib however thats only in C/C++, Java, Perl, Python: http://ta-lib.org/ if anyones interested. In the mean time, if anyone finds a more current open-source project for technical indicators in PHP, let us know. |
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Off-topic: Why am I seeing this?  THAT WHICH IS SEEN BY ME TOO!!! |
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No way. Hazlitt's work is way more readable than Bastiat. If, for no other reason, than Bastiat was translated from French.
When my kids are 10 and 11 they start reading Bastiat. He is so logical and tells such wonderful stories (like the broken window (Hazlitt too)). Hazlitt's books, also are very clear, simple and logical. But a 10 year old understanding labor unions, minimum wage laws, and public works requires and extra 15 minutes per chapter to explain the background. So I thought they were kinda similar as far as complexity. Looking forward next year to using Rothbard's Conceived in Liberty to teach American History. The kids are going to hate me. Poor kids, I'm a lot older than 10 but I struggled. |
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indeed, atm it is live and in operation but only with a tiny amount of BTC.
My algorithm is to basic atm, but I have all the structure there. Currently Im working on making the trading algo modular so I can run simulations on multiple algo's.
Mine just plays the spread with stop orders at medium-term technical support and resistance. When we move big, my stop makes sure I catch most of the move with enough of my capital. Then, it goes back to liquidity-bot mode and I adjust the stops. I haven't really backtested it, but it has a decent amount of live testing with small amounts. What languages are you guys using with your trading algos? I'm using PHP in mine but it lacks some of the statistical analysis tools that I need for trading the basic technical indicators. Mine is ruby... I'm not really using stat tools as I adjust the stops manually, but I'm sure there are some good packages out there for ruby. Since mem's is called bitperl.pl, I'm going to guess it's in Perl, the Pathologically Eclectic Rubbish Lister. Hey notme, forgive me if i'm being naive but surely you must do some kind of price analysis to form your strategy. Does it read off day high/lows to establish your spread? Does it enter/exit positions? |
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indeed, atm it is live and in operation but only with a tiny amount of BTC.
My algorithm is to basic atm, but I have all the structure there. Currently Im working on making the trading algo modular so I can run simulations on multiple algo's.
Mine just plays the spread with stop orders at medium-term technical support and resistance. When we move big, my stop makes sure I catch most of the move with enough of my capital. Then, it goes back to liquidity-bot mode and I adjust the stops. I haven't really backtested it, but it has a decent amount of live testing with small amounts. What languages are you guys using with your trading algos? I'm using PHP in mine but it lacks some of the statistical analysis tools that I need for trading the basic technical indicators. |
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I lucid article on economics coming from 1850s "That Which is Seen, and That Which is Not Seen" http://bastiat.org/en/twisatwins.htmlI wonder what new conclusions can we draw about the bitcoin economy after appreciating the point made by this article. That certainly isnt light reading... I read 1/2 and skimmed the rest. Something for the academics on the forum to pour over. For bitcoin? That's an interesting concept talking in terms of the article. Bitcoin, for all of its ledger information is very publicly seen. However, because of the anonymity, it is a protocol which naturally leads to a heavy bias towards the unseen. That's why there are so many disputes in the economy subforum here, when someone tries to quantify the value of bitcoin or its economy (or anything else for that matter such as reasons for price actions) they realize that because there are so many unknown variables, nobody can accurately paint a picture of what's actually happening. I normally love reading about economics although that was a little heavy, any recommendations for lighter reading? |
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Following the article on Reuters, I'm curious. How did Zhoutong hear about bitcoin and start following it if the following for it is so small in China? To follow a global trend that is small in your own country requires a great ability to see things from an outside perspective.
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A few reasons I know
1 Mining which involves profit and often recruiting to make it worth it.
Recruiting to make it worth it!? In real terms... recruiting more members will raise the difficulty making it worth less?? The only increase will come from more mainstream use. Idiots. Maybe I'll go post something on their discussion boards as I have a pretty high post count with them. |
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I've heard of one member of this forum setting up a company and buying some FPGA miners and mining for profit. If you arrange your taxes in a clever way not only can you get the tax back on the purchase of the mining rigs but you can claim depreciation of the assets too.
Electricity is also a cost which you can incorporate. In the first year, with the purchase of the hardware, you will not turn a profit which means more money back from the tax man!
very clever stuff...
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There is now, a Butterfly Mini Rig Box, 25Ghash at 1300watts.
I'm looking into this one, lurking around to see what info pops up, anything? Well it's already ready for pre-order. More discussions here https://bitcointalk.org/index.php?board=76.0 What are the vertically stacked squares for? The ones that look like fans but without a fan blade. |
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So the suggestions are kazakstan, cuba, mexico, ukraine, norway, iceland. That's interesting, because only two of those are in the wikipedia page on electricity pricing: http://en.wikipedia.org/wiki/Electricity_pricing#Price_comparisonOut of these, iceland and norway seem the most suitable for westerners interested in bitcoin mining when you consider safety and language barriers. How reliable are these power sources though? I can't imagine them being very stable. |
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Does anyone even know the science behind the coils whining? Why don't we ever hear of motherboards whining? Only GPU and PSUs.
The answer is right here: To have coil whine you need a coil and those are in your PSU.
... I guess Graphics cards must also have them? |
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I had pretty bad coil whine on a brand new seasonic psu not too long ago. I contacted them and RMA'd the psu for a replacement which is totally silent. Their explanation: once in a while you get bad batches of coils, although this will not affect the use, it'll annoy the hell out of you.
Seems to be related to the quality of the coils each manufacturer uses.
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Coming back to Bitcoin, there is a question of magnitude. Because Bitcoin is a micro-economy, any adoption will cause its growth to be much greater than gold; that means the time-frame will be compressed - it's possible to see 100 years of gold's growth in 100 weeks. In addition, similar patterns are occurring at the same time - makes sense because of the functional equivalency between gold and Bitcoin. That accelerated, exponential growth would also occur synchronously in a hypothetical stock exchange 1% the size of NASDAQ, as long as the two work in a similar fashion.
One thing to keep in mind is that Bitcoin is mostly growing as a transactional medium right now, rather than a store of value like gold is today. The former is relatively unknown while the latter is familiar to everyone and has been for thousands of years. Bitcoin supply is also growing at ~25% annually; gold supply increases at ~1.5% per year. These are the factors that introduce some divergence, but they're still similar enough to be highly correlated.
+1 Gold is a very mature 'product' to trade in whereas bitcoin is very young and still finding its place in the world. The real value will not be realized until further on down the line. Its difficult to gain a foresight by extrapolation of historical prices. |
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whats the astro forecast for this week?
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