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1  Economy / Gambling / BitBetBook.com | Sports Book | No Registration Needed! on: September 05, 2011, 02:07:09 PM
Hi all!

I'd like to introduce a little sports book-  Bit Bet Book

Many people enjoy making small bets to "make things interesting".  BitBetBook doesn't have any registration.  So if you're planning on watching a game, it's easy to make a small bet!

Simply click on the odds, and send to the address! (Max 0.5B for now)
Winnings will be deposited back to the sender's address.  So use the Bitcoin client to send (no eWallets).

Please let me know what you think  Smiley
2  Bitcoin / Bitcoin Discussion / Re: MtGox trades frozen? on: August 25, 2011, 08:31:41 PM
Likewise.  My buy and sell trades should have both executed.
3  Economy / Trading Discussion / Re: South African Rand / Bitcoin Exchange Rate on: August 24, 2011, 02:51:23 PM
Please check my prev post, helloworld.

The 1.15 AUD, 1.05 AUD difference is probably somebody's profit off the trade.  Excluding transaction fees.

Low AUD trading volume (20k/month) might explain why the price isn't closer to 1.05.  If we have more volume, AUD will approach 1.05 + (all fees needed to exchange)
4  Economy / Trading Discussion / Re: South African Rand / Bitcoin Exchange Rate on: August 24, 2011, 02:08:57 PM
Let me add a parenthesis.

Quote
- The price of Bitcoin in any currency must equal that of (Bitcoin/USD)/currency2.

Convert Bitcoin->USD.  Convert USD->currency2.  This is equal to Bitcoin/currency2.

Please see http://en.wikipedia.org/wiki/Arbitrage
5  Economy / Speculation / Re: Small high frequency trades on Mt Gox on: August 24, 2011, 01:28:10 PM
I think this has been causing MtGoxLive to create lag: https://bitcointalk.org/index.php?topic=38612.0
6  Economy / Trading Discussion / Re: South African Rand / Bitcoin Exchange Rate on: August 24, 2011, 01:10:51 PM
Allow me to explain:

- The price of Bitcoin in any currency must equal that of Bitcoin/USD/currency2.
- We want to trade on the most liquid exchanges--we want to get a fair price.  This can be achieved by trading Bitcoin for USD, and then trading USD with any other currency.  These exchanges are also more established.

I'm not trying to force the "inflated ego" of the dollar.  You'll notice that you hold the dollar Tongue for a moment.

My post had nothing to do with South Africa.  It's valid for any currency.
7  Economy / Trading Discussion / Re: MtGox Live gumming up my CPU on: August 24, 2011, 12:50:34 PM
I've also experienced occasional slowdowns on Firefox.

Once in a while, there's a burst of small orders (<0.2 B).  Huh
8  Economy / Trading Discussion / Re: South African Rand / Bitcoin Exchange Rate on: August 23, 2011, 07:26:47 PM
What's with all of these bitcoin/non-USD exchanges?

Gold itself is traded with USD.  And I think gold's more liquid that bitcoin!
9  Other / Beginners & Help / Re: GlobalBitcoinBank.com on: August 19, 2011, 12:30:27 PM
At least they have a domain  Wink
10  Other / Beginners & Help / Re: do you want the rally to start? on: August 19, 2011, 08:56:38 AM

So is it going up or down tomorrow?

I think it's safer to say that it's staying put for now.   Huh
We've had some low volume the past few days.   
11  Other / Beginners & Help / Re: Bitcoin Markets on: August 18, 2011, 02:45:22 AM
Welcome!

bitcoincharts.com shows the volume on the exchanges.  mtgox.com is the largest by far.
12  Other / Beginners & Help / Re: question about mtgox on: August 17, 2011, 05:21:53 PM
The fee is taken out when a trade is made.

By trade I mean "transaction".  So you won't be charged if you cancel an order.
13  Other / Beginners & Help / Re: Introduce yourself :) on: August 17, 2011, 05:11:22 PM
Hello!

Lurking for a few weeks.  Thought I'd register..
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