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1  Economy / Speculation / Re: Why is the price rising so fast today. on: March 03, 2014, 10:54:25 PM
Interesting watching the mainstream news articles right now ... I hope that Russia isn't actually trying to grab back a piece of Ukraine.  But that's definitely why the price has spiked.  Russian stock market dropped 10% today, currency traders on Moscow streets are running out of foreign currency, and gold is up 1.4%.  Every time there's a world crisis, Bitcoin goes up by 10-20%.  Cyprus, Syria, now Ukraine.

http://www.ft.com/cms/s/0/176d4052-a2c0-11e3-9685-00144feab7de.html#axzz2uwWLExO9
2  Economy / Scam Accusations / Re: The 94% Con by Jon Montroll on: February 18, 2014, 10:58:40 PM
I have/had an acct with WeExchange.co and when BitFunder went down, I had an acct balance of 0.71BTC on WeExchange.co.  Over the past month or two, I've been unable to login to WeExchange.co, even after doing a password reset.  I successfully logged into https://weexclaims.weexchange.co but it shows account balances of zero.  I tried to log back into the BitFunder site just to see if it had any evidence of the account balance transferred back to WeExchange.co.  However, login to BitFunder doesn't work either.  So ... what can I do now?  I don't have a blockchain transaction ID showing funds entering or leaving my acct at WeExchange.co.  Any help much appreciated.

WeExchange.co username: spazcoinuk
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2013, 08:17:42 PM
Wow, someone has put $190k into a $950/BTC buy wall on CampBx.
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 12, 2013, 07:14:01 PM
Sick today, taking it easy. Bored.



+1
5  Bitcoin / Mining software (miners) / Re: CGMINER ASIC FPGA GPU overc monit fanspd RPC linux/win/osx/mip/r-pi 3.2.1 on: June 15, 2013, 11:52:48 PM
I tried to setup my PC/GPU for doing LTC scrypt mining yesterday, following the directions here https://bitcointalk.org/index.php?topic=83371.0, here https://bitcointalk.org/index.php?topic=83371.msg1733884;topicseen#msg1733884, and here https://bitcointalk.org/index.php?topic=97143.0.

I installed the Litecoin client, setup a mining pool account with WeMineLTC, and was able to compile the cgminer tool, so I should have all of the necessary software tools installed. However, I have two different types of errors that occur:

1) Just after the cgminer application starts, it crashes. Windows error "cgminer.exe has stopped working". A generated logfile.txt (by adding 2>logfile.txt to command line parameters) looks like:

Quote
[2013-06-15 23:03:03] Started cgminer 3.2.1
[2013-06-15 23:03:03] Probing for an alive pool
[2013-06-15 23:03:04] Pool 0 difficulty changed to 96.000000

(and that's it, crashed)
I see this error on v3.1.0, v3.1.1, and v3.2.1 cgminer packages downloaded from http://ck.kolivas.org/apps/cgminer/ as well as with the 3.2.1 version that I compiled myself. I'm guessing that this crash is just a timeout of being unable to connect to a mining server, and could be a configuration file issue. I'm starting cgminer using a batch file generated on the WeMineLTC site:
Code:
cgminer.exe --scrypt -o stratum+tcp://stratum.wemineltc.com:3333 -u spazcoin.1 -p *** -I 13 2>logfile.txt

Based on tutorial pages from others, I also tried using the following batch file for solo mining optimized use with my Radeon 5450 card:
Code:
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
cgminer.exe --scrypt --shaders 80 --intensity 9 --worksize 64 -g 1 --auto-gpu --auto-fan -o http://192.168.0.5:9332 -u spazcoin.1 -p *** --failover-only -o stratum+tcp://eu.wemineltc.com:3333 -u spazcoin.1 -p *** 2>logfile.txt
However, that configuration to point to the Litecoin server on my PC (http://192.168.0.5:9332) has always been rejected by cgminer.

2) Using the v3.2.1 precompiled version, I've gotten farther (sometimes) and the cgminer application actually runs.  However, it fails to submit a piece of work to the GPU and disables the GPU thread. logfile shown below:

Quote
[2013-06-15 23:50:21] Started cgminer 3.2.1
 [2013-06-15 23:50:21] Probing for an alive pool
 [2013-06-15 23:50:22] Pool 0 difficulty changed to 96.000000
 [2013-06-15 23:50:31] Network diff set to 46.7M
 [2013-06-15 23:50:31] Error -55: Enqueueing kernel onto command queue. (clEnqueueNDRangeKernel)
 [2013-06-15 23:50:31] GPU 0 failure, disabling!
 [2013-06-15 23:50:31] Thread 0 being disabled
 [2013-06-15 23:56:36] Stratum from pool 0 detected new block
 [2013-06-15 23:59:43] Stratum from pool 0 detected new block
 [2013-06-16 00:01:38] Stratum from pool 0 detected new block

I've searched through the forums and read the OpenCL documentation for that clEnqueueNDRangeKernel command, but I can't figure out what is causing the problem with enqueueing the kernel. If I exit cgminer (using 'q'), I get the following statistics, so clearly nothing is running:

Quote
Summary of runtime statistics:

 [2013-06-16 00:44:00] Started at [2013-06-15 23:50:22]
 [2013-06-16 00:44:00] Pool: stratum+tcp://stratum.wemineltc.com:3333

 [2013-06-16 00:44:00] Runtime: 0 hrs : 53 mins : 29 secs
 [2013-06-16 00:44:00] Average hashrate: 0.0 Kilohash/s
 [2013-06-16 00:44:00] Solved blocks: 0
 [2013-06-16 00:44:00] Best share difficulty: 0
 [2013-06-16 00:44:00] Share submissions: 0
 [2013-06-16 00:44:00] Accepted shares: 0
 [2013-06-16 00:44:00] Rejected shares: 0
 [2013-06-16 00:44:00] Accepted difficulty shares: 0
 [2013-06-16 00:44:00] Rejected difficulty shares: 0
 [2013-06-16 00:44:00] Hardware errors: 0
 [2013-06-16 00:44:00] Utility (accepted shares / min): 0.00/min

 [2013-06-16 00:44:00] Work Utility (diff1 shares solved / min): 0.00/min

 [2013-06-16 00:44:00] Stale submissions discarded due to new blocks: 0

 [2013-06-16 00:44:00] Unable to get work from server occasions: 0

 [2013-06-16 00:44:00] Work items generated locally: 142
 [2013-06-16 00:44:00] Submitting work remotely delay occasions: 0
 [2013-06-16 00:44:00] New blocks detected on network: 16

 [2013-06-16 00:44:00] Summary of per device statistics:

 [2013-06-16 00:44:00] GPU0                | (5s):0.000 (avg):0.000h/s | A:0 R:0
 HW:0 U:0.0/m I:13
 [2013-06-16 00:44:00]


BTW, I also downloaded the 'reaper' miner (http://zerosignalgame.com/reaperv13beta4_32.zip), but when I run it, it also stops working, just after printing a line saying
Quote
Compiling kernel... this could take up to 2 minutes.
Therefore, maybe these issues are linked and pointing to an issue with my graphics card.

OS: Windows 7 64-bit.
Graphics Card: ATI Radeon HD 5450 - driver 12.1 installed today

6  Economy / Speculation / Re: Goomboo's Journal on: May 31, 2013, 08:51:02 AM
Yeah, I'm running Tobli's bot, v0.2.2.3.  It seems to work well, although that 4k dump last night was quick enough that the bot only sold near the bottom before the market bounced back up.
7  Economy / Trading Discussion / Re: Chrome Browser extension: MtGox trading bot on: May 30, 2013, 01:43:58 PM
Don't be surprised if this bot is running a specifically unoptimized algorithm to decide how to trade, which in turn leads to more profitability for the creator. Never trust bots that aren't programmed by yourself. The only bot that can truly be on your side is one you've written from absolute scratch.
The code is open source. Anyone can check the code to see if there's any weird stuff going on.

+1     If you can't read the code, then I guess you're back to square 1 and can't trust it, though.  But we can collaborate and make something even better.  I did a search a few days ago and didn't see any similarly developed bots.  This one for btc-e.com looks worth looking into, but seems to be tackling a different problem of arbitrage between exchanges by using BitInstant as the cheapest way of moving currency to complete the loop. http://btctrader.blogspot.ru/2013/03/faq.html

But it's true, you have to leave a PC running all the time to watch the market.  How to get around that?  1) Buy a Beagleboard or Rasberry Pi, install Chrome, and run that (maybe 5W power vs 60-140W for normal PC).  2) Maybe modify the bot or create another one that can be run on a cloud server.
8  Economy / Trading Discussion / Re: Chrome Browser extension: MtGox trading bot on: May 29, 2013, 10:11:37 PM
I installed GoxTradingBotTobli v0.2.2.3 this morning (downloaded using Git Clone instead of downloading this time, to make it easier to update in the future) and I still see the same behavior still.  Enable the bot, save changes, close the browser, open the browser, and it's disabled again.  I'm using Chrome 27.0.1453.94. This week or weekend I'll try taking a look at the code. 
Are you sure you're running the latest version? And you have the setting  "Disabled on start" unchecked?
I can't reproduce the problem with the latest version.

Good point.  Yes, I had the "Disabled on start" box checked, so that's why I saw that behavior.  That feature made sense before you implemented the 'experimental' feature of trading only on a trend switch.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: [Experiment] Abstract Coin! on: May 29, 2013, 06:34:00 AM
this is premined and you are hoarding the entire supply  Grin
I'm giving it all away!

Ha!  That's what Ripple says, too.
10  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 28, 2013, 12:48:08 PM
Fiat is pouring out from Gox's order book. Bears are better equipped for the next assault to $125.

It's crucial for the bulls to win that battle. If they win it for the second time the battlefield will be full of bear corpses, and they won't dare to try to take that spot again.

If they make it fall... Well, we will see much cheaper coins (below $120), and a mid term downtrend would be expected.

I disagree, $125 is not important, $120 has much stronger support and is the real line bulls have to defend. And even if it breaks I don't expect a mid term downtrend to form, just a retreat to former stable values in the 105-120 range.

Have to defend? Or just let it fall through $120 and get cheaper coins?

No one should be propping up the price because they consider themself a bull. If we start sliding down to $120, pull your bids. Buy at $100-$115. You now have more coins and in a week no one remembers that we lost "$120 support". The bulls vs bears is a cute storyline we use to pass time. There's only one thing that matters and that's making money. When BTC is sliding, pull your bids. It's okay, you won't cause irrevocable damage to the market/exchange/bitcoin. Wait for it to bottom out and buy back in. We've lost a "support level/line" at every dollar from $1 to $200. Do you remember when we lost $150? Do you remember when we lost $90? Do you remember when we lost $2? Of course not, it doesn't matter (I do however remember losing $2 - lol).

People will say that by doing that, you increase volitilty, hurting the percption of BTC and costing yourself money in the long run. On the other hand by making "$120 support" a big deal, it becomes a big deal if it goes below. Suddenly that MEANS something. Falling to $118 instead of stopping at $120 won't forever haunt Bitcoin. The "major battle at $120" will be forgotten as soon as someone posts a funny gif.

Bitcoin isn't fragile. Investors psyche? Maybe. But that's why we should stop with the overdramatization of fairly minor market swings. Instead of being at $133 we're at $128 because someone dumped a bunch of BTC in a short span. I missed the part where I should suddenly reexamine the fundamental value of Bitcoins. I missed the part where the future of Bitcoin is going to be decided today on MtGox. It's suddenly do or die?

Buy Bitcoins at the lowest price you can get. Don't support a price point. There is no war. It's a very normal market, doing what markets do, any panic tied to $125 or $120 is something you're creating yourself, it's not real.

+1      Economics and markets are driven by self-interest and optimization on a personal, local scale.
11  Economy / Trading Discussion / Re: Chrome Browser extension: MtGox trading bot on: May 28, 2013, 09:34:12 AM

Just a quick note on your bot, not sure if this is intentional or not, but whether you check or uncheck "disabled on start," when you close out of the browser and boot it up the bot is always disabled. Basically it's always disabled on start whether you check or uncheck that box.

You're right! There was some weirdness about this setting!
I've just uploaded a fixed version (v0.2.2.3)

I installed GoxTradingBotTobli v0.2.2.3 this morning (downloaded using Git Clone instead of downloading this time, to make it easier to update in the future) and I still see the same behavior still.  Enable the bot, save changes, close the browser, open the browser, and it's disabled again.  I'm using Chrome 27.0.1453.94. This week or weekend I'll try taking a look at the code.  ‘whydifficult’, maybe I’ll take a look at your gekko project as well.

I would also suggest that we try to put some unit testing around the components of this bot since there are several days between each buy/sell decision, which is a long time to wait to see whether everything's working correctly (and miss the market swings!).  I did a quick search for Javascript frameworks (http://stackoverflow.com/questions/300855/looking-for-a-better-javascript-unit-test-tool) it looks like Buster.js might be one to start with.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Giveaway! on: May 24, 2013, 07:15:45 AM
rKJXWXwC1M3p9ApxgiyUHcaD7dHNTmeb9s
13  Economy / Trading Discussion / Re: Chrome Browser extension: MtGox trading bot on: May 23, 2013, 11:13:45 PM
Tobbelino, I think the "Crazy Ivan" reference to Red October is hilarious!  Thanks for including that off-the-wall strategy as another thing to play with.  Now that I've read through this forum and GoomBoo's Journal, I'll start testing out your bot next week.
14  Economy / Speculation / Re: Goomboo's Journal on: May 23, 2013, 09:20:36 AM
Just read through the GoomBoo Journal over the last two days after hearing about it from one of the trading bot threads https://bitcointalk.org/index.php?topic=67591.0   Thanks very much, GoomBoo, for posting this advice and answering everyone's questions.

However, 'bomtis' above highlighted something that I'm curious about anyone's thoughts on:

2) what triggers the trends? it seems that since i uploaded fiat into my account ( nothing more then i can withstand to lose ) the market has come to a stop. Prices dabble around $122 but nowhere near anything profitable

If you made an automated trade every time the EMA 10 and EMA 21 lines crossed during the current flat period, you would very likely lose money due to the high 0.25-0.6% MtGox fees.  So what's the best strategy to mitigate this effect of a very flat market? 
1) Turn bot on/off when the market is flat, but you'd miss the beginning of the next volatile spike due to some new report.
2) Instead of trading exactly when the 10/21 lines cross, build some hysteresis in, for instance the two averages must be at least 0.6% apart - but you'd lag getting into or out of any large price swings, decreasing profitability.
3) GoomBoo said he's only trading daily.  Perhaps at that timescale there are fewer false-positive triggers?

I feel that the current flat market is very different than the high volatility over the previous months.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Giveaway! on: May 22, 2013, 09:14:48 PM
I is amazing how many people are posting in this thread without reading the OP.


Rules

Your Bitcoin Forum account must have been created before February 19, 2013, 18:45 UTC, in order to be eligible. Only one Ripple address per user, please. (All but the first valid address you post will be ignored).

I don't think it is so hard to understand, why are all the newbies complete idiots?

IIRC, they extended the giveaway in a later post.  And actually, without posting, Ripple was starting to contact individual users saying they would give away more XRP "by the end of May" to currently registered users.  Not sure if the Ripple system will actually take hold, but might as well jump in.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Giveaway! on: May 22, 2013, 09:12:08 PM
rPbZQ9YzovS7KmVWWontbyZUfvwkqJpx2C
17  Other / Beginners & Help / Bitcoin Movie ?!?! "The Rise and Rise of Bitcoin" on: May 21, 2013, 01:23:18 PM
I saw a nice summary of the 2013 Bitcoin conference in San Jose last weekend (http://www.coindesk.com/ready-bitcoin-2013-in-review/) and it included a mention that there's a movie about Bitcoin in the works.  "The Rise and Rise of Bitcoin" http://theriseandriseofbitcoin.com/.  It's mostly a documentary and doesn't look like it's going to be some Ben Affleck/Matt Damon blockbuster, but still cool to watch for those on this forum.
18  Other / Beginners & Help / Re: I have 5 posts now and 16hrs login time, why I am still a newbie on: May 19, 2013, 04:32:52 PM
I keep thinking there's something wrong with the timer.  I was logged in several hours yesterday, in and out of threads and other websites, but I only accumulated about 40 minutes of logged in time.  I'm still at only 2 hours and 17 minutes.
19  Other / Beginners & Help / Re: Newbie here, Hello. on: May 18, 2013, 12:01:59 PM
Welcome!

I just skipped mining and went straight to buying coin on MtGox via Dwolla earlier this year.  ASIC mining is making use-your-old-pc or graphics card mining a significant investment with diminishing returns.
20  Other / Beginners & Help / Re: Gox trading on: May 10, 2013, 07:33:10 AM
Agreed, oddly steady around 112-113.  Volatility is much better for trading in/out on the hi and low.  I won't bet on BTC having overall unlimited growth in the future, but at least you can make money off of the volatility.
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