good to see coins are starting to trickle in. thanks for reporting, rme and randrace. That one to California was quick! That's how it's done, postal service... keep going  |
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Um mal ganz konkret zu werden schätze so um die 50 BTC in etwa 6 Jahren.
Wenn dann 1 BTC = 10000 EUR oder so.
Man kann sich streiten, ob 500.000€ "reich" bedeuten. Insbesondere in 6 Jahren. Bei 10% inflation p.a. (konservativ geschätzt) entsprechen 500.000 EUR (2019) == 282.237 EUR (2013). Machen wir 100 BTC draus? Für mich bedeutet "reich" wenn man von seinem Vermögen dauerhaft einen durchschnittlichen Lebensstandard unterhalten kann, ohne Arbeiten zu müssen. hach, da gibt's doch den schönen Spruch: "Reich ist nicht der der viel hat, sondern der der wenig braucht." |
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 these shirt-links in the footer should be clickable links, no? EDIT: I also suggest to put either "bitcoinpride" and/or "bitpride" into the subject of this thread. I had trouble finding it. (although my bitcointalk search skills suck, I think others might have problems, too) |
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Nice dividend. Amounts to roughly 1% at current share price if I calculated correctly. Per week! Thanks, great work! |
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Too lazy to submit a design, but make a Silk Roads one.
That might be unethical and/or infringement. Could also make this website a target for other problems. Are you serious? I don't think dread pirate roberts would sue him. What do you mean by "this website"? Bitcoinpride or SR? |
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Hello Molecular,
The problem is solved now, you can deposit Mtgox code on Bitfinex!
Best regards,
Raphael
confirmed, thanks. another feature request: you display "lendable balance", that's very good, but it includes amounts tied up in offers that have not been taken yet. How about another entry "lendable balance minus amounts tied up in offers" (you'd have to think of a better name, of course). That way I would know the maximum amount I can use for a new offer. Maybe you could even prefill that into the "amount" field instead of "1" or "0", but I'm not sure about that one. |
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I'm surprised no one has mentioned the highly plausible scenario that it is a rival/competitor site/industry. Casino/poker rooms see some compeition rising up, Seals is getting popular, let's shut them down for a bit. The thing is, the only competition I can think of is either ridiculously small compared to Seals (in the BTC poker arena) or huge compared to Seals (in the fiat money poker arena). Seals is basically dominating a very tiny sliver of the gambling industry, mostly Americans who can only gamble in BTC. Lately, the value of BTC is increasing interest, but still, we're talking 300 players or so at maximum volume. The fiat money sites have a lot more to lose if they get caught and we end up with a retaliatory DDoS against them. The potential competitors to SwC on the BTC side, though, have very little to gain at the moment. I think it's likely ideological. If not that, then some butthurt loser who lost a lot of money there by being a shitty player. Good analysis. However I wouldn't rule out fiat-casinos/poker rooms. Those people might be quite forward-thinking and aware that bitcoin gambling could well explode and threaten their existence. Shit can grow fast on the interwebs and maybe they decided to kill the monster while it's still small enough. |
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Next week or so will be exciting. Possibly have a new client.
here it comes the bears must be blue at 72 agreed, someone seems to desperately want things to hold at 72 I've heard that before quite a few times. At 30 for example. Shouldn't take long.  |
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Um mal ganz konkret zu werden schätze so um die 50 BTC in etwa 6 Jahren.
Wenn dann 1 BTC = 10000 EUR oder so.
Man kann sich streiten, ob 500.000€ "reich" bedeuten. Insbesondere in 6 Jahren. Bei 10% inflation p.a. (konservativ geschätzt) entsprechen 500.000 EUR (2019) == 282.237 EUR (2013). Machen wir 100 BTC draus? |
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MPOE-PR reads Well, if activity is unusual 10 times a day then something is wrong with your unusually-mometer.
Do you consider behavior of fundamental changes in API without directly notifying API keys holders as normal?
You broke most 3rd party applications and even your official classic and mobile interface without devs being directly warned.
Is this activity usual?
Then she reads Most open tickets have a resolution within 20 minutes. Remaining cases are when there is not enough information, or when issues are not simple user-specific issues (or linked to an outage).
Then she vaguely recalls endless threads of people complaining about stuff such as having their withdrawals delayed for months while being told that "the developers will be looking into this" and stuff like that. The statements: "most tickets get resolved within 20 minutes" and "some tickets take >1 month" are not contradictory. |
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This is very interesting and I am impressed by your research. But I am sure that such prestigious mints have a very high standard of quality control; I find it hard to believe those margins of error are accurate.
again: I meant error of my measurement. I'm sure these coins are both legit and 99.9+% pure silver. |
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... and erodes the advantage of early adopters.
Exactly. Hard to hold a large chunk of coin as early adopter and not cash out a large percentage and basically be retired. This might sound very awkward from a future perspective. |
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With the exchange rate being so volatile we need a way to making sell orders that lock in the formula, but not the actual exchange rate, until the funds are released.
yes, +1. It's been suggested before and I think kangasbros was not opposed. |
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got this error trying to redeem a mtgox USD code  I redeemed it back to myself on gox for now. |
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Many people buying bitcoins now actually have more faith than most current forum members. They dont care shit about price. Bitstamp was hitting $77 last thursday. If I had had money and the volume were there (both negative) I would have bought also. Who knows if the price will dip and how much it will dip, and if the lag allows to trade etc.? I would have never suspected a ->50 shakeout would happen, at the max I would have been able to buy at $65 average rate during the weekend. Who cares really. The outcomes are BTC>1000 and BTC<100 in a few years. The first is a success, the second is a fail. There is no middle ground.
So true. I would however add at least 2 zeroes to the first number. Well, I fail to grasp what exatly makes people sell at $50 but I am sure they had their reasons. Margin call could be one.
There have been some gut-wrenching panics (fueled in good part by auto-liquidations on bitcoinica (people got zhou-tonged)) in late 2011. I bet a lot of people will never forget the feeling they experienced on these ever-accellerating drops and swore to themselves to next time just fucking panic earlier than the others. Well, some are left holding the bag when things rebound to sanity nowadays. It's greed and feat that makes some poeple sell at $50.I'm hoping the "new money" that has coins now is less fearful and I have a feeling many of the large holders think more like you (long term. "it's high risk, high reward and I'm not going to be shaken out by some childish 10-hour-long dip fabricated by these kids on a regular basis") |
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However, at the moment, you're right in everything you say. But at the same time, some people will always not go for the best bargains. You will find people go on saturday evenings to buy expensive pizza on a gas station, while they could've bought it for almost half the price during the week in a normal super market. That's also pretty stupid, but people still do it.
Indeed. I don't really mind they sold though, more coin for the strong hands. Just wish I would have had some fiat to buy around $55. Less coin for the poor hands! Having had the wish you stated I nowadays seldomly am "all-long" (I currently just about am, but that's because we just had a dip) I usually sell some bitcoins on the legs up to catch the dips down to the 18 day EMA or so. Worked like a charm this time (I was out with friends and couldn't trade, but had my buy orders around 55). While this is less profitable than just holding on to the bitcoins in such a crazy bull market that just keeps rising, it has 2 positive effects: - It adds liquidity (on the way up I sell (keeping things more reasonable), on the way down I buy (catching the knife))
- It gives me (at least a feeling of) some security (lessens my fear of a crash and also the damage)
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I think I need to practice these tricks next week... Just be careful. There might be truly humongeous amounts of fiat rolling in next week and "nomnomnom" gone is your scare-wall and you end up having done the exact opposite of what you intended to do. |
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New walls at 73 and 75. I look forward to a time when there is enough money on the market the the wall makers will be too fearful to do this crap anymore.
Actually the walls serve an economic purpose of transferring big amounts of BTC from weak (overallocation in BTC) to strong (new entrants) hands. If all the BTC would be sold to small investors only, the market would develop in a nonsolid way. There needs to be old world big money buying large stashes of BTC and this is what the walls are for. Translation from finnish: nomnomnom tasty big walls nomnom wait 'till my fiat clears nomnom. |
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thanks for the clarifications... I dont think your method is correct. This is the method I used to satisfy myself that a oplatinum ring was truly pure.
a) Weigh Ring.
b) Weigh ring under water.
This can be done by suspending the ring on a frame such that it hangs from a thread, and is imersed.
c) As an alternative to b), weigh the difference in weight between b) and a) , many scales can do this automatically.
Either way, you have the in air weight , and the loss of weight from imersion in water, c.
Hmm. I think this is what I did, no? What's the difference? His test relies on more implied concepts of physics. Mainly Archimedes's bouyancy principles. This helps to get rid of errors in weighing or measuring the volume of the displaced water. My method also used the bouyancy principle and find the volume of the coin by "weighing" the displaced water. I also suspend the coin from a thread. I don't see how his method differs at all from what I did, practically. Am I overlooking something? Your photograph seems to show the beaker of water on the scales. The point about these small scales is they are very accurate for small masses, less so for larger masses. Especially so as regards repeat readings which of course is what counts. Partly its a percentage thing. So its much better to not weigh large weights as far as you can. My method does involve weighing a wire frame so that you can weigh under the scales (and submerse the dangling object in water, which of itself is never weighed. You could use a 100 ton bucket of watter when weighing a 10g coin, and it would make no difference. Sounds great, I'd love to be able to do that. I understand your point about the accuracy deteriorating with higher weight and I'd like to avoid that. Can you maybe find or produce a drawing of that frame and the other stuff? I'm still having problems. The setup I come up with in my mind has other problems... I'm probably thinking too complicatedly. I think you are displacing the water out of the contain. There is an acuracy problem with this, and that is that surface tension may result in inconsistent results. Its inherrently sticky, and a few drips more or less may splut out as you do it. Any amount of grease or detergent on the object may also change the surface tension and that is worse. You may say its a trivial amount, but the point is, its multiplied by the comparatively large area of the top of the beaker. So it ends up as quite a bit.
I'm not sure what you mean by "you're displacing water out of the cointainer". No water leaves the container (except after the measurement is complete and I remove the coin some drops stick to the coin of course). I'm weighing the container with the water first (resetting scale to 0), then I'm submersing the coin hanging it from the string (so it doesn't touch either the floor of the container of the top of the water). The scale then shows the weight of the displaced water. (Actually I did it a little differently: For resetting the scale I put the coin (attached to the string but not hanging from it) into the container (so it's laying on the ground of the container). Scale shows zero at that point. Then I lift it up while keeping it submerged to it doesn't touch the ground or surface. That's why the scale show a negative value in my shot (the weight of the displaced water minus the weight of the coin)). |
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