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921  Economy / Gambling / Re: Casinobit - LIVE ROULETTE - [INVEST] - BEST CASINO OF 2013 on: August 16, 2013, 02:24:23 PM
Invested 0.42BTC, currently up to 1.28BTC in a little less than 36 hours.

Nice, how are they able to make returns like this without also risking losing the whole investment?
922  Economy / Speculation / Re: Mt.Gox suppressing the price of Bitcoin? on: August 16, 2013, 10:54:58 AM


I'm a bit surprised that this current deposit problem with Gox hasn't caused a selling frenzy and consequent price drop. Back in Apr. the smallest hiccup in gox caused prices to fall to $60. Seems like the people who own coins now are more patient and less likely to panic.

Gox is in a downward spiral people seem more likely to conider alternatives now.
923  Economy / Securities / Re: [BTC-TC] Deprived Mining Speculation (DMS) on: August 15, 2013, 07:39:05 PM
Hey guys, I didn't read any of the previous 45 pages of the thread, can you explain how this works?  Grin

You probably want to read the first two post, and then if you still have any questions just ask.  In general it's a combination of securities that allows you to either collect mining dividends at a reduced cost compared with some other funds with Dms.Mining, or go short that fund by betting against its valuation as being profitable with Dms.Selling.  Also some of the money is invested in other ventures.  It's a bit more complicated, so you might want to read the whole thing.
924  Other / Off-topic / Re: Activity: 800 Watch! on: August 15, 2013, 12:52:02 PM
Currently at 798, expecting 812 any day now.

Got me beat.
925  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: August 15, 2013, 12:16:17 PM
Does anyone know what the minimum deposit is? Or doesn't it has any?

The site doesn't enforce a minimum deposit.  There is a minimum investment level of 0.01 BTC, but people have realised they can invest 0.01001 then divest 0.01 leaving dust invested.  I will be auto-divesting these dust amounts at some point soon to keep things tidier.


Our very own circus clowns.  Perhaps they can give performances in the chat also.
926  Economy / Securities / Re: Offer BTC Options on: August 15, 2013, 10:35:08 AM
Or you could just do your homework and go in the midmarket.

Quote
<mircea_popescu> $avg
<mpexbot> mircea_popescu: 103.12
<assbot> [MPEX] [S.MPOE] 1150 @ 0.0008358 = 0.9612 BTC [-]
<mircea_popescu> $depth O.USD.C110T
<mpexbot> mircea_popescu: O.USD.C110T Bids: ['1000 @ 0.0495899', '1000 @ 0.04958989']
<mpexbot> mircea_popescu: Asks: ['1000 @ 0.32623945', '1000 @ 0.32623955']

(If you can't afford 30 BTC you can probably use a broker).

That spread is really bad.
927  Economy / Securities / Re: [BTC-TC] Deprived Mining Speculation (DMS) on: August 15, 2013, 10:12:24 AM
Maybe one solution is to lock the fund for a day after dividend paying, and people can only cancel orders in this period. Otherwise at least announce the dividend time one day in advance and warn those buyers leaving buying orders pending. Especially when there's a bot there to help converting Purchase.

I lock PURCHASE for trading and clear all orders on it just before the dividend gets paid but not SELLING.

If I had a way to selectively clear orders then I'd willingly clear any orders that were above the new value for PURCHASE (if that occurs) - but my options are either to clear whole order book or clear nothing (for the record I DON'T believe issuers should have the ability to selectively clear orders).

Problem with clearing SELLING totally is it penalises people who put up orders they wanted to leave up and aren't around to replace - I've personally put a buy up on SELLING intentionally shortly before dividend and watched it get panic-filled after.

The principle of DMS has always been that I control the price of PURCHASE and MINING/SELLING are completely under the control of anyone who wants to buy/sell them.  I don't intend to change that unless something unexpected ever happens - and SELLING dividends after difficulty changes are entirely expected, standard and predictable.

As someone mentioned earlier, today's dividend will be somewhere around .0068 - .007 (exact value depends on how J-D did today, how many PURCHASE sell in total etc).

MINING dividend  today will be paid at old rate per my personal promise a while back - I'll be refunding the difference between old and new dividends to the fund (as I've done the few times before when difficulty changed between 16:00 and 00:00) with calculation for that included in the report..

Think clearing the orders was necessary here.  Maybe they can make a choice for orders to cancel the order in the event of dividend, and set it to default in a security like this.
928  Economy / Service Discussion / Re: BitVisitor not paying? on: August 15, 2013, 09:40:36 AM
Does bitvisitor have a news section dedicated to these problems?  Embarrassed

I find the site fairly limited as far as information given.  There's a stats page with the last 10 paid accounts.  It had kept track of my balance for me before, but that seems to have gone away.
929  Economy / Gambling / Re: NEW BitcoinLiveBets.com - Live Betting, extensive betting area [BETA] on: August 15, 2013, 09:35:56 AM
Most of the users here that bet on sports are American. I can say this 99% sure, that the majority betting sports using BTC are. With US, many betting customers are very limited in options and thus eventually found BTC and use it because of the convenience. European bettors have that convenience already with one sportsbook or another. Thus, I would highly suggest you offer a couple things:
1) Better lines. Your pre-game lines are 30 cent juiced which is outrageous.
2) MORE games for live betting. Bitbook offers live betting for every MLB game right now, you guys offer 0. MLB and NFL are the biggest sports for live betting for US players.
3) Make wagers graded quicker AND payouts processed instantly. Bitbook and other sportsbooks pay out right away generally whereas players here seem to complain about the time it takes for the wagers to be graded and such.

Ask all the books, casinobitco.in, bitbook and Nitrogen I have placed wagers with all of them. With bitbook I have wagered over 25 BTC already in their live betting area. I have yet to place a bet with you guys because of the above 3 things. Please fix these and focus on more american sports, because honestly that is your main betting audience here.

Good luck to you regardless of whether you listen to my feedback.

Have to agree with KOS.  Haven't even been able to watch the games they  mostly have betting on right now.
930  Economy / Invites & Accounts / Re: Bitcointalk forums accounts for sale. Accounts from 2012 just .15btc on: August 14, 2013, 11:23:08 AM
Still looking for buyers.

The link in your sig doesn't work exactly right.  I see it would just lead here anyway.  Clicked because I was interested to see if you had started a webpage for this purpose.  Can I ask what kind of volume you see?
931  Economy / Services / Re: Get paid weekly for your signature on: August 14, 2013, 11:16:43 AM
Hi Bitcointalk,

Here are this week's payouts. A total of 0.77 BTC paid to 27 participants. Here's a thank you and a warm welcome to our new members  Grin.

Have a great week! Keep posting all.

Can confirm I received payment for sig, fast and easy,  would recommend.
932  Economy / Service Announcements / Re: [ANN] KRAKEN.COM - US-based Exchange w/ Margin Trading - OPEN BETA on: August 14, 2013, 10:31:35 AM
In light of recent events, we just wanted you guys to know that we’re on the motherfucker.  Go back in there, chill out and wait for the cavalry which should be coming directly:  https://beta.kraken.com

Target launch for real trading is mid next week.  Beta accounts are auto-funded with funny money and will be wiped at launch.  Actual deposits/withdrawals are disabled.  Address support issues to beta-support@<domain>


Any way to update the post here to reflect current situation.  Seems like it's a bit out of date.  I see Dargo is answering some of the questions now.  Just came here to check on the status, but don't want to read through the whole thread.
933  Economy / Service Discussion / Re: Mt GOX starting to die? on: August 14, 2013, 10:25:02 AM
I felt like they had their chance, and their fate is a result of their performance.  I think they could've handled the business much better.
934  Economy / Speculation / Re: Everyone will cash out at $1000 on: August 14, 2013, 10:19:42 AM
I think $1000 is the price a lot of people are anticipating. It's high enough that much of the 'old money' in this economy will start to rumble and awaken from their slumber. I'm not sure if the price could reach a sustainable $1000, as it is the sweet spot for a lot of people. Thoughts?

If it goes to $1000, it will hit $10,000 in a matter of hours. Maybe minutes

Yup.  You never really know.  If BTC price is exploding up at the time it reaches 1,000 it could blow right by as easily as it did 50 or 60.
935  Economy / Speculation / Re: CNBC 10 Minute Media Coverage on Bitcoin on: August 14, 2013, 10:16:39 AM
Anyone watch this?

http://video.cnbc.com/gallery/?play=1&video=3000190465

I believe all this media is going to trigger a bull market

I hope the price keeps on rising

I have to congratulate the CEO of Coinsetter for being a professional speaker on behalf of Bitcoin users. We have seen other Bitcoin enthusiasts that were too aggressive in interviews. I think he did a good job. If you read this :thumbsup:

We could see this for sure.  With increased BTC awareness, more will consider using it.
936  Bitcoin / Press / Re: 2013-08-13 CNBC - Benjamin Lawsky discusses the Subpoenas. on: August 14, 2013, 10:08:48 AM
http://video.cnbc.com/gallery/?play=1&video=3000190465

Benjamin Lawsky, superintendent of NY Department of Financial Services, discusses the subpoenas.

"In the end of the day we want firms to thrive here in New York, we don't want to crush them."

Seems like we'll see quite a bit of an increase in media attention to Bitcoin with these subpoenas.  I would like to see this increase Bitcoin awareness.
937  Bitcoin / Bitcoin Discussion / Re: [OVER] Riddle game - Solve it and take the loot! on: August 14, 2013, 10:04:08 AM
That was a pretty complicated game.  Some well thought out puzzles in there.
938  Bitcoin / Bitcoin Discussion / Re: Sudden rise in Bitcoin transaction numbers - any theories why? on: August 14, 2013, 09:46:31 AM

After a steady decline since the bubble-burst he overall transaction count has also climbed fast in recent days to 50,000 per day from a period of 35-40,000:
http://blockchain.info/charts/n-transactions?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

Blockchain's wallet service also sees a recent increase:
http://blockchain.info/charts/my-wallet-n-tx?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

Do you think this a reflection of real-world business increasing usage of bitcoin? Perhaps also from an uplift in Argentina, India and Kenya...?
Some hundreds of transactions are spam-like: large BTC amounts being moved pointlessly back and forward, but I am not sure this is a major factor.

Ideas?



Thanks for posting haven't looked at this chart in a while.  Maybe the growing number of faucets and stocks could be playing a part as well.
939  Bitcoin / Development & Technical Discussion / Re: This guy spams the blockchain by sending 500BTC back and forth on: August 14, 2013, 09:36:25 AM
He finally lost it all.

https://blockchain.info/address/15Z4XmorKSN51ndyPrZ2EtL7Nnksb88888

The transaction that did him in? Satoshi Dice for 200BTC on 48%

https://blockchain.info/tx/9870e3fa87cb2f74ff3eb6af2364e26a9a0c2c94d90465066ef68901f39a0b92

Makes me lulz a litttle.

And the pathological gambler stopped spamming since he lost  Grin


Serves them right, I think we've had enough of them.
940  Bitcoin / Mining speculation / Re: Against the grain: Difficulty will plateau 3/2014 on: August 14, 2013, 09:17:19 AM
Quote from: TheJuice
ASIC USB miners at that time will earn 0.003 BTC/month profit.

We will see if this hold true.

That's a pathetic amount of BTC for a month.  At that point I imagine they'll have some newer generation USB miners, don't think anyone will bother with those anymore.
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