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121  Other / Off-topic / Re: Lets play a game of Chess on: February 02, 2016, 09:30:48 PM
Couldn't this game be expedited by also voting that Black will then advance whichever pawn it can until it queens.  And then white can decide if it captures the pawn or not, where it moves its queen, and then we can resume the game once both sides have queened?
122  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Monero Economy Workgroup - The MEW Thread on: January 21, 2016, 10:50:20 PM
100 votes Hell Yes.

Funds go to monero development donation address:

46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8a HYjA3jk3o1Bv16em
123  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2016, 03:32:11 AM
The furor on reddit over whether Peter Todd has broken laws with his double spend through RBF, and the calls for Coinbase to pursue a legal case against him are hilarious.

Which is the better approach for a cutting edge digital currency -

  • Fraud (double spend) protected by the existing legal structure (no different from laws trying to prevent various forms of credit card fraud, or)
  • Accepting that zero-conf transactions on main bitcoin layer have risk, and working on technical workarounds to truly solve that issue for people who want to accept zero-conf without risk
124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Monero Economy Workgroup - The MEW Thread on: January 06, 2016, 12:20:15 AM
Proposal:

Contact every MEW member and ask them if they want to get their remaining share of funds back.
If they provide a deposit address within 7 days, funds are returned.
Unclaimed funds are donated to core dev team.
Dissolve MEW


100 votes inclined in this direction.

Personally, I would not request funds back and would let it go to core dev team, but I think people should have the option of a return since MEW went dormant for so long.

That approach also seems consistent with the articles of incorporation, which provide for a refund of votes if annual fees are not paid.  So basically, if MEW was not dissolved, anyone who did not renew would be entitled to a refund anyway:

Quote
Yearly membership dues, to be paid by the end of January, are kept in a separate fund until January has ended. At that point all members that have not paid their due are dismissed and refunded of their votes. Only after this, will the yearly dues be merged with the GF.
125  Alternate cryptocurrencies / Altcoin Discussion / Re: FreeBazaar - OpenBazaar with Monero on: January 05, 2016, 10:36:59 PM
Is this project still alive?
126  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2015, 02:36:22 AM
Those gains were unrealised unless you sold. Yeah, it must have been great to watch the value soar, but how many actual holders sold? vs the scam pumpers that did the pump/dump?

Unrealised unless you sold *and* managed to cash out. Remember that Gox had frozen fiat withdrawals. If you were lucky or had decent spidey senses, you were using a different exchange but for many, even if they "won", they lost.

There was also an exchange that popped up after things looked awful for Gox where you could sell your right to Mt. Gox coins for real bitcoin, albeit at a significant discount.  Some smart / paranoid people were able to salvage some of their losses...
127  Economy / Gambling / Re: Battlecoin.org - Multiplayer bomberman clone on: November 24, 2015, 04:41:10 AM
Great program.  Interesting how having a few (free) satoshi on the line still makes the game more exciting...
128  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 14, 2015, 12:22:35 AM

Terrorism rally?
129  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 05, 2015, 07:55:58 PM
Interesting that Marshall selected 5th of November for the date of the last Silk Road coin sale:


And, according to reddit's darknetmarkets forum, various markets are either under attack or there are exit scams going on.

Maybe something else is planned for November 5th, 2015, after the Silk Road auction is finalized...

PS - Blake Benthall (Defcon of SR2.0) remains a ghost in government databases.  Nothing on Pacer since March, which was a 30 day continuance dated 12/22/14.   And nothing on http://www.bop.gov/inmateloc/  except an 11/21/14 release that appears due to transfer from CA to NY.  Presumably he must be cooperating with various agencies...

Can you post some links to the threads on reddit's darknetmarkets forum which say various markets are either under attack or there are exit scams going on?

Which darknet markets do they say are possibly exit scamming, and are they among the biggest markets?

I didn't study it in detail, just skimmed the headlines and saw a lot of general consternation about markets being down: https://www.reddit.com/r/DarkNetMarkets/

130  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 05, 2015, 07:06:39 PM
Interesting that Marshall selected 5th of November for the date of the last Silk Road coin sale:


And, according to reddit's darknetmarkets forum, various markets are either under attack or there are exit scams going on.

Maybe something else is planned for November 5th, 2015, after the Silk Road auction is finalized...

PS - Blake Benthall (Defcon of SR2.0) remains a ghost in government databases.  Nothing on Pacer since March, which was a 30 day continuance dated 12/22/14.   And nothing on http://www.bop.gov/inmateloc/  except an 11/21/14 release that appears due to transfer from CA to NY.  Presumably he must be cooperating with various agencies...
131  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2015, 05:49:40 PM
Uh oh, short squeeze running out of ammo.

132  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2015, 05:21:52 PM
So much this. I can' think of anything in my life that I have invested as much time as Jorge has in btc with 0 financial gain.  

Bah.  I invested even more work and time on the Voynich Manuscript, and don't regret it at all.

Voynich manuscript is fascinating.  Do you have any other budding obsessions (serious question).
133  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2015, 04:59:43 PM
Ah, so there is still some dollar buying power on bitfinex!
134  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: November 03, 2015, 04:08:30 PM
Record volume yesterday and positive spread back in full force!
135  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: October 30, 2015, 01:16:28 AM
Positive spread back.

136  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: October 29, 2015, 12:19:24 AM
Negative spread achieved.

137  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 27, 2015, 11:47:31 PM
I'm looking at Nov. 2013 late rise and still can't shake out how quickly the price rose.

The idea of this repeating simply has me in awe. Especially if you consider the amount of money standing on the sideline at this point are straight out frightening



those were crazy times. litecoin was even more crazy nov/dez 2013.

It was insane.  My husband and I make our first BTC purchase like a few weeks before the rise too so we were in total shock at how fast the price rose.

To all of you that are newbies and have not experienced such a bubble, my advice is have a plan in place so you don't get too emotional and sell everything (then cry as the price goes way past your wildest dreams) or get too emotional and buy buy buy as it rises then suddenly crashes when you least expect it without taking advantage of the sudden gains.  There is a smart way to play with little risk involved, but it takes some thinking ahead.  Here is a great resource:

https://bitcointalk.org/index.php?topic=345065.0

Can't post that link without this one:  "I am pretty confident we are the new wealthy elite, gentlemen."  https://bitcointalk.org/index.php?topic=12156.0
138  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: October 27, 2015, 11:07:11 PM


Negative spread narrowly avoided.
139  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 27, 2015, 10:26:52 PM
Gemini at all time (Gemini time) highs on price and volume.  (Although high volume in this case is still under 700 coin.)
140  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: October 27, 2015, 09:53:41 PM
New volume record, $300k traded at $50+.

I thought price would continue to drop as BIT holders began to fear missing out on the arbitrage opportunity.
It does not seem like much of an opportunity to me.  Although the immediate sell price is great right now, the buying path is encumbered by the delay for the accreditation process (again) besides the additional fees, etc.  I'm long-minded; do I really need this hassle?
Interesting. Do you feel like you lack the requisite knowledge and skills to (easily) re-buy and secure coins from other exchanges? Are there tax reasons?

Naively, from the outside, it seems like an opportunity to double your coins/money at the cost of filling out a form.

What am I not seeing here? Smiley
It's in a qualified retirement account, i.e. Roth IRA.  I can and have easily obtained Bitcoins from a wide variety of avenues.  I have enough non-retirement Bitcoins for now; thank you.  To take advantage of the supposed arbitrage opportunity would involve;

1) waiting until my BIT shares actually arrive at my custodian (in-progress; should be soon (next week?))
2) place sell order (hopefully easy & quick)
3) use proceeds to purchase more BIT shares at NAV via my custodian (pain in the butt, prove I am accredited again, medallion signature guarantee, ...)
4) if I want to do it again then wait 12 months and return to step 1
Well, after much time and effort my GBTC is in my trust account; geesh.  Unfortunately this is *not* a brokerage account and so I can't transact with them; sigh.  I am attempting to move the assets to a Schwab brokerage account ... just in time for a negative spread.  Now I'm wishing I had taken the path to hold raw BTC in a retirement account.

Sorry to hear that.  On my side, I am just at break-even with the GBTC in my 401k, despite the nice BTC run-up recently.  But I knew I'd be too lazy to deal with getting raw BTC into a retirement account, so I'm not too upset.
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