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I tried opening it from the terminal with both -datadir=/Volumes/Bitcoin and -datadir=/Volumes/Bitcoin/ and neither worked. Same error again  Maybe upgrading to 0.4 will fix this? -Patrick |
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Thanks! I guess I'll look into making that my project for this weekend.
-Patrick
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Thanks for the reply! However, I tried using the command you posted and I'm still getting the same error. Very frustrating Thanks for attempting to help, though! |
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Bump!  Just wanted to bring this back up to the top, just in case someone else is having this problem or knows of a solution. -Patrick |
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Hi all, I backed up my wallet to a separate, encrypted volume (a .dmg file), and removed the ~/Library/Application Support/Bitcoin directory and replaced it with a link to /Volume/Bitcoin (the new volume) as per the wiki ( https://en.bitcoin.it/wiki/Talk:Securing_your_wallet). Now, when I try to open Bitcoin, I get an Exception error, which looks like this: EXCEPTION:
N5boost16exception_detail10clone_implInS0_19error_info_injectorINS_10filesystem22basic_filesystem_errorINS3_10basic_pathISsNS3_11path_traitsEEEEEEEEEboost::filesystem::create_directory: File exists: "/Users/myusername/Library/Application Support/Bitcoin
bitcoin in AppInit() Any ideas on what's going on? The image/volume has been mounted each time I've tried to open the bitcoin client. Thanks, -Patrick |
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They wouldn't sell them on a market so there won't be an impact on your bitcoin price. Why? Because, using Mt. Gox as a depth of market indicator, once they sold 16,000 coins the price would drop to $2.51 a coin.
Excuse the back of the napkin calculations since I don't have the full depth of market, but let's say that if they were to sell double that, say 30,000, then it's logical that the price would drop another dollar to $1.51. Extending that logic, somewhere around 50,000 coins sold would make the BTC worthless. Realistically, if the sell-off happened many more people would sell and the price would hit zero *fast*.
No, they won't sell, they have to sit on them and greedily rub their hands together. Have faith that everyone with greater than 5,000 coins will not sell (visibly on the exchange) since the realized value is not as high as the current value.
They have to sit around until a lot more money comes into the market before they can safely liquidate without destroying the goose that lays the golden eggs.
Exactly. Let's not go chicken little over this 200,000BTC transaction. There is little to no incentive to just dump all of that on the market, even in chungs as small as 16,000 (only 8% of the total) coins. |
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You know, if a slow selloff occurred, paced with demand, and it merely slowed the growth of the BTC price rather than letting the price go into the stratosphere, I would consider that a good thing. It would greatly lessen the volatility of BTC in general. I hope someone does it.
If the price gets to be $50/BTC and people start realizing that, say, 54% of the BTC in existence are still in the hands of the early miner who mined them because they haven't even been spent out of their generation block, people are going to start drumming up support for dumping the block chain because the risk of everyone's BTC popping at the whim of a few individuals isn't what they signed up for.
What incentive would they have to sell all of their bitcoins for USD/EUR/etc at once? And how would they ever be able to accomplish that in one transaction? I think the only way they even *could* get rid of a large amount of bitcoins would be to do it slowly. Otherwise, they risk losing the value of their investment. |
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So, is this the next version of/replacement for Coinpal, Mndrix?
CoinCard is basically the opposite of CoinPal. CoinPal does PP->BTC and CoinCard does BTC->PP. I also plan to offer additional gift cards through CoinCard eventually. Yeah, I don't know why I forgot that Coinpal is just PP->BTC. I understood intuitively what was going on, but I just had a mental lapse I guess. Still, being able to sell BTC for PP or PP for BTC easily should be great for the currency. |
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This looks like a good service. Things like this will make entry into the Bitcoin market much easier for new users.
So, is this the next version of/replacement for Coinpal, Mndrix?
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It seems I am the only one in the Southern US.
You've got company now |
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