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Hello all! My name is Marty Lee, and me and my church have been working tirelessly to help those in need in haiti. Haiti needs our help. We need to get fresh water to Haiti now. We need to get wells build in haiti. Our church aims to raise $5000 for 5 new wells in haiti. We have a good portion of that, and I was hoping the bitcoin community had a open heart to give to haiti. Please donate to 19Y1EecVcyru3H6ywwH4LBFaSYD3PLMXZ2 Please. We need your support. Kind Regards, Marty Lee |
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It's funny because now
(b*r)/((c*(b/m*(a/e)))-d)
says around $4, but it skyrocketed
heh
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NO LONGER SELLING, SORRY FOLKS, iPad was given to family member
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"Okay, explain how I could get "At least 2 or 3 feedback/trades on forum" when no one trusts me to trade with me in the first place."
you can start buy buying some small items, and do small trades, you can also use escrow if there is trust issue
"And how does providing an ip address help you, I could tell you anything."
it helps because it will be checked if it corresponds with your address, if you give a random ip address, then the info you give is not good
"And what about being anonymous, that is why I got into bitcoin so "
i tried to give loans , without asking for info, most people paid back, but few didnt and i couldn't continue that, so we have to ask for info/details now.
"4. Active in forum X
supposed to mean. How is that measured objectively?"
it means , you have to login to your forum account once in a while, some for example take a loan, and forget to pay back because they werent active in forum and never visit the forum for a long time, so then its suspected they were scammers
Okay, so it helps because it will be checked if it corresponds with your address, if you give a random ip address, then the info you give is not good
how can you check if it corresponds with what address? What are you checking, the ip address in this forum? How can you see that? |
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Application Results:
1. More than 140 posts X
2. Been registered for more than 2 months X
3. Provide IP Address X
4. Active in forum X
5. At least 2 or 3 feedback/trades on forum X
6. 1 Form of Identification X
7. 2 Forms of Identification X
You are offered a 0.0btc loan at this time.
On behalf of BCL,
Tucker Lee
Okay, explain how I could get "At least 2 or 3 feedback/trades on forum" when no one trusts me to trade with me in the first place. I got to start somewhere. And how does providing an ip address help you, I could tell you anything.... And what about being anonymous, that is why I got into bitcoin so 6. 1 Form of Identification X7. 2 Forms of Identification Xis something I cannot provide, I can say my name is Marty, and my last name is Lee, and I could provide a photo, but not where I live and everything else about me. and what is: 4. Active in forum Xsupposed to mean. How is that measured objectively? Plus: 1. More than 140 posts XNotice  So, I would lower that quite a bit. - Marty Lee |
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I have a transfer going through at the bank that will take about a week or two, and I have someone who I owe 5 bitcoins to. I am going to buy 26 bitcoins, so I will pay 5.3 bitcoins back to whoever gives me the loan. That is a 6% loan. I can pay back within 1-2 weeks.
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You can have 3 btc for a two weeks at 10% interest or one month at 20% interest. Meaning if you keep it for two weeks you must pay 3.3 btc or if you keep it for a month you must pay 3.6BTC back. I can go up to 5 btc loan, but the higher the loan the lower the interest rate. My rates:
Bitcoins: two weeks interest, one month interest
3btc: 10%, 20%
4btc: 8%,16%
5btc: 6%,12%
Kind regards,
Marty Lee
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Any takers. The trade price is 0.03BTCpSC.
Kind Regards,
Marty Lee
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I only have 2.25SC right now, but I will have more soon, which I will sell at .03 BTC each so in total that will cost you 0.0675BTC. Deal Or No Deal....  Kind Regards, Marty Lee |
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After a little thinking while I was trapped in the n00b jail, I came up with this formula to calculate the exchange of USD to bitcoin based off a number of factors. NothinG made a good php script on his site to run my equation using all current data. Take a look at: http://zombietoday.com/dev/pricecal.phpThe Equation is: (b*r)/((c*(b/m*(a/e)))-d) b = blocks r = reward c = control = 2500000 m = another control = 140000 a = avareage Time To Solve a Block in seconds with no decimals sense last difficulty change e = expected time to solve a block = 600 = 10 mins d = difficulty The current price of bitcoins should be around: $8.87 Kind Regards, Marty Lee |
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Can I get a 2 bitcoin loan for three days. I know I am really new here, but the amount is so small, and the time is so short. The risk you are taking is minimal
Kind Regards,
Marty Lee
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I might want to help. What does it pay?
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It is ridiculous that almost 50% of bitcoiners are only in it to scam the newcomers, scare them from the currency, and then our market diminishes.
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Always go with your own server. NEVER and I mean NEVER go with hosting services. Get a http://www.microcenter.com/single_product_results.phtml?product_id=0365213. I bought this a few weeks ago, I cannot regret it. I love that freaking computer, just make sure you run debain or ubuntu linux on it when you get it, because by putting windows on it you are killing half of it's power. Kind Regards, Marty Lee |
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Did your client ever get those coins?
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Wait a minute. My brain is working. m=140000*(a/e)
a =average block generation time since last difficulty change in minutes out to 2 decimals
e = expected generation time in minutes = 10
To find a, we just need to see the last 2 blocks (or further if needed) and figure out the difficult change in minutes? To find e, we just need to see the last 3 or 4 blocks and predict the amount of time till the next block? [Edit]: Just threw the current formula (without this post's changes). http://zombietoday.com/dev/pricecal.php[Edit2]: a = http://blockexplorer.com/q/intervalshows the average interval between blocks, in seconds. The parameter sets how many blocks to look back at (default 1000). = probably just set this to 600 (10 minutes)? [Edit3]: Just made some changes, and it looks like the average should be about 8.8USD<>1BTC. (b*r)/((2500000*(b/140000*(a/e)))-d) [Edit4]: http://zombietoday.com/dev/pricecal.php?jsonAdded JSON Awesome job. I put a page on my site, but I will not be letting people know what my site is... Long story short, his link is the only place you can find it. Once I get out of here I can tell everyone in the other forums about this formula I have created. |
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BTC should be worth whatever the buyer/seller wants to trade them for.
I think that makes them more unstable then saying they're worth a fixed price. As I said before. (b*r)/(2500000-d) = (144004*50)/( 2500000- 1777774.4820015) = 9.9694622 That should be the current price, but it is slightly off Last Price: 7.89859 High:8.467 Low: 7.8 Volume: 21694 Weighted Avg: 8.0884 about $2 high. I'm sorry, but this equation can be infinity. Here is a new one that will keep the price under control (144004*50)/((2500000*( 144004/140000))-1777774.4820015) or (b*r)/((c*(b/m))-d) b = block r = reward c = control = 2500000 m = another control = 140000 d = difficulty Give me a BTC Address, you may have just officially solved all of Bitcoin's price stability problems. Just sent you a donation. [Edit]: Still need to figure out how to modify m. Thank You so much. That means a lot. I will work on m. After watching a few blocks pass and setting up a script to calculate the price with current data, I found that the price should go like this. Price jumps high or low at difficulty change, but lowers about $0.01 every 100 blocks, then jumps suddenly to a new price at the difficulty change. That is the theory based off 3 data points, and my intuition. So people would sell off bitcoins after the new difficulty if it was higher, otherwise, they would buy. Then as it nears the change of difficulty the exact opposite would occur. This provides a stable trading market for everyone! So, what's the new formula? Wait a minute. My brain is working. m=140000*(a/e) a =average block generation time since last difficulty change in minutes out to 2 decimals e = expected generation time in minutes = 10 |
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BTC should be worth whatever the buyer/seller wants to trade them for.
I think that makes them more unstable then saying they're worth a fixed price. As I said before. (b*r)/(2500000-d) = (144004*50)/( 2500000- 1777774.4820015) = 9.9694622 That should be the current price, but it is slightly off Last Price: 7.89859 High:8.467 Low: 7.8 Volume: 21694 Weighted Avg: 8.0884 about $2 high. I'm sorry, but this equation can be infinity. Here is a new one that will keep the price under control (144004*50)/((2500000*( 144004/140000))-1777774.4820015) or (b*r)/((c*(b/m))-d) b = block r = reward c = control = 2500000 m = another control = 140000 d = difficulty Give me a BTC Address, you may have just officially solved all of Bitcoin's price stability problems. Just sent you a donation. [Edit]: Still need to figure out how to modify m. Thank You so much. That means a lot. I will work on m. After watching a few blocks pass and setting up a script to calculate the price with current data, I found that the price should go like this. Price jumps high or low at difficulty change, but lowers about $0.01 every 100 blocks, then jumps suddenly to a new price at the difficulty change. That is the theory based off 3 data points, and my intuition. So people would sell off bitcoins after the new difficulty if it was higher, otherwise, they would buy. Then as it nears the change of difficulty the exact opposite would occur. This provides a stable trading market for everyone! So, what's the new formula? I will have within 48 hours of this post. |
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BTC should be worth whatever the buyer/seller wants to trade them for.
I think that makes them more unstable then saying they're worth a fixed price. As I said before. (b*r)/(2500000-d) = (144004*50)/( 2500000- 1777774.4820015) = 9.9694622 That should be the current price, but it is slightly off Last Price: 7.89859 High:8.467 Low: 7.8 Volume: 21694 Weighted Avg: 8.0884 about $2 high. I'm sorry, but this equation can be infinity. Here is a new one that will keep the price under control (144004*50)/((2500000*( 144004/140000))-1777774.4820015) or (b*r)/((c*(b/m))-d) b = block r = reward c = control = 2500000 m = another control = 140000 d = difficulty Give me a BTC Address, you may have just officially solved all of Bitcoin's price stability problems. Just sent you a donation. [Edit]: Still need to figure out how to modify m. Thank You so much. That means a lot. I will work on m. After watching a few blocks pass and setting up a script to calculate the price with current data, I found that the price should go like this. Price jumps high or low at difficulty change, but lowers about $0.01 every 100 blocks, then jumps suddenly to a new price at the difficulty change. That is the theory based off 3 data points, and my intuition. So people would sell off bitcoins after the new difficulty if it was higher, otherwise, they would buy. Then as it nears the change of difficulty the exact opposite would occur. This provides a stable trading market for everyone! |
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BTC should be worth whatever the buyer/seller wants to trade them for.
I think that makes them more unstable then saying they're worth a fixed price. As I said before. (b*r)/(2500000-d) = (144004*50)/( 2500000- 1777774.4820015) = 9.9694622 That should be the current price, but it is slightly off Last Price: 7.89859 High:8.467 Low: 7.8 Volume: 21694 Weighted Avg: 8.0884 about $2 high. I'm sorry, but this equation can be infinity. Here is a new one that will keep the price under control (144004*50)/((2500000*( 144004/140000))-1777774.4820015) or (b*r)/((c*(b/m))-d) b = block r = reward c = control = 2500000 m = another control = 140000 d = difficulty Give me a BTC Address, you may have just officially solved all of Bitcoin's price stability problems. Just sent you a donation. [Edit]: Still need to figure out how to modify m. Thank You so much. That means a lot. I will work on m. |
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