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1321  Alternate cryptocurrencies / Announcements (Altcoins) / Re: GCoin [GCN] can now be used to buy goods at www.worldofelectronics.ie €1=G1.1m on: March 18, 2015, 10:11:43 AM
I want to inform you that I've received my 3TB disk today. It was very well packed, and fitted beautifully replacing my previous 500Gb one on a lacie external case. Thank you Greg and Kevin from www.worldofelectronics.ie !

Also, the slots are working properly and I could withdraw 2M yesterday night.

Cheers.
1322  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2015, 10:02:27 AM
Quote
The Biggest Drug And Gun Market On The Dark Web Just Disappeared And Millions Of Bitcoin With It
 

It had become a bigger, badder version of the Silk Road drug bazaar in its short life, but Evolution, founded on 14 January last year, has apparently been closed and one staffer is claiming the admins have scammed its huge user base.

You're getting the stolen BTCs and then creating a 10K dump on Wednesday morning. That's the way to do it... what a douche. Sad
1323  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2015, 09:57:53 AM
Finex is steadily supporting the price dumps. Podyx? Are you catching the falling red knives? Grin
1324  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2015, 09:56:06 AM
Somebody's dumping hard... $280 broken @ Bitstamp. I wish this didn't happen. I liked the price monotony! Undecided
1325  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2015, 09:30:48 AM
A scammer on teh internets just stole 43k BTC ($12 millions), but don't worry, he is not gonna dump!
Bullish!

You mean Coinapult's hot wallet loss? If so, your numbers are a bit off - they say they lost just under 43000 USD worth of BTC, or 150 Bitcoins.

http://www.coindesk.com/coinapult-loses-40k-hot-wallet-compromise/

He means Evo, the second largest dark market.

http://www.reddit.com/r/Bitcoin/comments/2zf5vd/the_2nd_largest_darknetmarket_evolution_has_run/

This could turn ugly for the guy... Running away with 43K is A LOT of money even at these prices, but not enough to be vanished. Hope he returns the funds... Undecided
1326  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: March 18, 2015, 09:21:30 AM
If we could hand it over in English, I'd be up for it, maybe in collaboration with GingerAle (take the vital parts from his Digest), and David Latapies different writings. Depends on the scope.

It wouldn't be so hard. I think the Missives would be a nice update in Chinese from time to time. If China learns about XMR, I predict CCM... I mean, happiness!! Cheesy
1327  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2015, 10:25:43 PM
@macsga


No.



I HODL.
Never sold a single coin.
Everything in cold storage now.

This is the best strategy IMHO. I only play with 2 alts atm; XMR and GCoin. Not that I expect to win big (XMR could actually work, but we're a long way from it), but I find it much more interesting than staring at BTC charts. Undecided
1328  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2015, 10:19:08 PM


cos that's how we all live our lives, in a perpetual state of social networked paradise...  Roll Eyes

Idk. Looks quite sad. He's texting to himself.

I concur. FB could have done it waaaaay better than this. I guess there's always time for a small change... Wink

BTW:
It's getting really boring in here. The pumps are so weak, the dips are weaker. It's not the time for trading, I guess traders must be having an awful time this time of year. BTW, serious question: Anyone here really into this buy/sell game under these circumstances?
1329  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: March 17, 2015, 01:39:45 PM
Thanks for the new missives guys!

http://getmonero.org/2015/03/16/monero-missive-for-the-week-of-2015-03-16.html


Database....is it true?

OK, database is one thing but this is what truly counts for me:

Quote
3. Not everything needs to be in a blockchain, and not everything can be decentralised with our current level of technological advancement. The Monero core team won't crowbar decentralisation into everything unecessarily, especially when it has potentially disastrous results.

Man, we've been talking for years about it for BTC. In my way of thinking, XMR seems to gain a rightful position of the most "user friendly" dev team. Great job!
1330  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2015, 01:35:10 PM
By TAKASHI MOCHIZUKI
March 16, 2015 9:32 p.m. ET
0 COMMENTS

http://www.wsj.com/articles/rakuten-starts-accepting-bitcoin-1426555942

Rakuten Starts Accepting Bitcoin

TOKYO—Japanese e-commerce giant Rakuten Inc. has started accepting bitcoin for purchases in the U.S., adding momentum to the rapid growth of cryptocurrencies as a form of payment.

Customers using the company’s virtual shopping mall in the U.S. site can already buy items using the Internet-based currency, a Rakuten spokesperson in Japan said Tuesday.

Rakuten executives have previously said the company’s Germany and Austria units will allow payment by bitcoin starting in the second quarter of this year.

Many major U.S. companies have already embraced bitcoin, but Rakuten is one of the first major Japanese companies to accept the virtual currency for payment.

While many Japanese companies agree that bitcoin is a convenient payment method for both customers and merchants because it significantly reduces handling fees, most of them are reluctant to adopt it due to concerns over possible fraud and authorities’ unclear stance on the regulation of bitcoin.

In Japan, Mt. Gox, once the world’s largest bitcoin exchange, collapsed last year and lost customers’ assets worth half a billion dollars, dealing a major blow to the currency’s public image.

Prime Minister Shinzo Abe’s Liberal Democratic Party, meanwhile, has decided that the government won’t regulate bitcoin and won’t assign any regulatory bodies to oversee the virtual currency ecosystem. While venture companies welcomed the news, executives at larger companies said the move made it difficult for them to start accepting bitcoin because they want a government agency as a watchdog. Otherwise they would face trouble should unfavorable incidents occur.

Rakuten has been open and passionate about bitcoin’s potential use, hosting several panel talks dedicated to the subject at a recent financial conference hosted by the company. It has also invested in Bitnet Technologies, a bitcoin startup based in San Francisco.

Rakuten’s biggest moneyspinner is its Japanese site, but that isn’t open to bitcoin yet. Rakuten’s chief executive Hiroshi Mikitani said last month he plans to roll out the bitcoin function to the Japanese market as well, although when it would do so is “a trade secret.”

adoption bad for bitcoin right? Smiley

This thing truly puzzles me. Whatever news we have they seem to have no effect to the price. It's just like someone (or many) want to keep things down. I can think a reason or two (for instance the auction coins are not all sold, AU,Victoria has about 24,500 too) but still... I mean it's a giant company! FGS, RAKUTEN!

After that I expect Google to announce integration and nothing happens. Sigh.  Undecided
1331  Economy / Services / Re: AskCoin.net - SIGNATURE CAMPAIGN on: March 16, 2015, 11:03:55 PM
Positive feedback left. Truly sorry that the campaign is finished. Let me know if you're maintaining one yourself in the future. I most certainly would be interested.

Thanks.
1332  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2015, 05:46:23 PM
290 by the end of last week and 290 by now.

I think it confirms we are officially sideways

It's not necessarily a bad thing to go sideways. Everybody expects volatility from BTC because that's what it does, but sideways maybe a sign that it's gaining some sort of stability... on the other hand it may also means that nobody wants to trade  Grin
1333  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: March 16, 2015, 05:41:07 PM

Any reason for the price increase?
This currency is just very unthervalued and now discoverd by big investors I think.
This is just a correction for the low levels we have seen and I say keep you XMR and do not take short therm profit.
For no reason,no new wallet,no big surge of net hashrate.  Grin


There's a common belief that XMR will be the top "alt-coin" among all the others for several reasons. If you're into crypto for a long time (that counts at least over 3 years) then you may be able to understand the semantics. If you don't and want to ride the train, it's a good thing to observe who are among the top followers.

Please do not misunderstand me, I'm not saying "oh look, macsga is on the train, let's ride on", I'm saying that most of the people involved are already holding a "good" amount of BTCs as well. It's all speculative of course, but as it's boldy previously written on this thread:

"It's better to hold some XMR, than not to hold at all" Wink
1334  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: March 16, 2015, 03:15:32 PM
The daily oscillation of the difficulty is very consistent (http://chainradar.com/xmr/chart). Is there an explanation how that happens?

Nobody really knows for sure. There are a variety of theories including one or more botnets in a particular geographic area that only mine when people leave work at night, one or more botnets in a particular geographic area where the computers go to sleep at night when people leave work or go to sleep, instability in the difficulty adjustment (it takes 12 hours to adjust fully, so if difficulty goes up, miners drop off, it then takes 12 hours to come back down, miners come back, repeat), and probably a few others. Maybe some or all of these in combination.

The difficulty adjustment part at least, is something we're working on improving (it is on the design and development goals document).

Some places you can also bargain for cheaper electricity rates outside peak-hours (i.e. in the night time).

Do you believe these large farm guys will turn off their miners during peak time? That means their miner are off 10-16 hours per day. There is little chance of ROI.

There were definitely large GPU farms that already existed when Monero was getting off the ground last year and at the same time the bottom had fallen/was falling out of GPU mining generally. As far as whether those are mining XMR then or now I don't think anyone really knows.  Certainly it doesn't help your ROI to mine 24 hours/day if some of those hours aren't profitable Huh


I'd go for another explanation. This seems like an utilization of one or more University clusters. There's a great chance that someone (or many) are using the embedded VMs for mining (I'm currently under academic licence of a node that contains up to 255 CPUs). Never used it for mining, but believe me, if someone wanted, it would fit the needs of XMR harvesting just fine...
1335  Economy / Services / Re: AskCoin.net - SIGNATURE CAMPAIGN on: March 16, 2015, 02:39:38 PM
Hi everyone!

I have just received a message from AskCoin.Net team that the campaign is suspended until the introduction of the FIAT trading.

After receiving transfers about 20:00 UTC time, you can remove BBCode from your signatures.


Ouch, I'm really sorry to hear that.
I hope that you will continue with the campaign soon ..

Technically, exchange is ready for the introduction of FIATs, but the problem is more bureaucratic.. Sad

Thanks for the 2 weeks participation. I've decided to leave this campaign. If  you wish to re-enroll at sometime in the future I'll be happy to comply.
Cheers.
1336  Economy / Services / Re: [OPEN]Cryptovpn.me Signature Campaign | HIGHEST RATES!!!!!!!!!!!!!!! on: March 16, 2015, 02:31:37 PM
Name:             macsga
Position:          Hero Member
BTC Address:  14AZeFeVTwaZvrTcRGabcrjRnowoAG4vCQ
Posts:             2433
Link to stat:    https://bitcointalk.org/index.php?action=profile;u=19459;sa=statPanel

Hello. I'm applying for the campaign if you have a spot left.
1337  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2015, 11:48:13 AM



They (Kraken) accept SEPA, which I personally verified. It works for everybody inside the EU.

Ah, you already edited your post...

Yep, I figured that someone could misunderstood it for "Fidor" accepts SEPA without an account there (which would be utterly wrong). Wink
1338  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2015, 11:39:43 AM
Winklevoss twins speaking about Bitcoin at SXSW tomorrow in Texas, surprised no one has mentioned this. I didn't even know about it until my wife told me that she's going to watch.

I assumed that most people here also read the /r/bitcoinmarkets daily trading thread. Anyways we had some discussion on this yesterday:

http://www.reddit.com/r/BitcoinMarkets/comments/2z3b2d/daily_discussion_sunday_march_15_2015/cpfgylz

There are a lot of skeptics that this alone will be the spark to lead to the next rally (I'm talking about their exchange). It's an overestimated aspect if you want my opinion. Besides there were a lot of other bullish news that the market didn't even care for. The ETF on the other hand...  Roll Eyes

the exchange itself shouldn't move the market at first but I expect that the potential announcement of it being "sponsored" by X major US bank will give us a lift.

This. If somehow they will be able to establish an "i/o" through the fiat world, this will be the catalyst towards the biggest rally so far. Yet though, there's also another bank in the EU that plays that role (Fidor Bank) but no significant CCMF yet. Maybe because the EU BTC infrastructure is a lot smaller than the USA's one.

I'm confident though, that the twins are on the right track for a perfect rally. We'll see.

afaik fidor is not for europeans... only for germans, no?

I think someone said and quoted a phrase that if you want to open up that one account that enables you to trade on their new open platform, you have to be a German resident. But if this is working well, who knows... they might just go and offer it for other EU customers, too!


They (Kraken) accept SEPA, which I personally verified. It works for everybody inside the EU.
1339  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2015, 07:18:21 AM
Winklevoss twins speaking about Bitcoin at SXSW tomorrow in Texas, surprised no one has mentioned this. I didn't even know about it until my wife told me that she's going to watch.

I assumed that most people here also read the /r/bitcoinmarkets daily trading thread. Anyways we had some discussion on this yesterday:

http://www.reddit.com/r/BitcoinMarkets/comments/2z3b2d/daily_discussion_sunday_march_15_2015/cpfgylz

There are a lot of skeptics that this alone will be the spark to lead to the next rally (I'm talking about their exchange). It's an overestimated aspect if you want my opinion. Besides there were a lot of other bullish news that the market didn't even care for. The ETF on the other hand...  Roll Eyes

the exchange itself shouldn't move the market at first but I expect that the potential announcement of it being "sponsored" by X major US bank will give us a lift.

This. If somehow they will be able to establish an "i/o" through the fiat world, this will be the catalyst towards the biggest rally so far. Yet though, there's also another bank in the EU that plays that role (Fidor Bank) but no significant CCMF yet. Maybe because the EU BTC infrastructure is a lot smaller than the USA's one.

I'm confident though, that the twins are on the right track for a perfect rally. We'll see.

Fidor is small time though isn't it? I was thinking more along the lines of a Citigroup/BoA/Wells Fargo type announcement.

I agree with you that the twins are somehow someway playing their hands perfectly and will ride this next rally in the driver seat once they "IPO" Bitcoin through their ETF.

Fidor is indeed a new player in the game. The difficult part is to find allies into a system that you're supposed to replace. There should be insiders that believe that the current system has flaws and /or there's room for a stronger player into the economic ecosystem. BTC as a store of value and fast global transaction system is not new. All it needs is more followers from the "real" world. For instance:

http://www.coindesk.com/remax-london-accepts-bitcoin-litecoin-dogecoin-pilot-program/

Wink
1340  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2015, 07:04:11 AM
Winklevoss twins speaking about Bitcoin at SXSW tomorrow in Texas, surprised no one has mentioned this. I didn't even know about it until my wife told me that she's going to watch.

I assumed that most people here also read the /r/bitcoinmarkets daily trading thread. Anyways we had some discussion on this yesterday:

http://www.reddit.com/r/BitcoinMarkets/comments/2z3b2d/daily_discussion_sunday_march_15_2015/cpfgylz

There are a lot of skeptics that this alone will be the spark to lead to the next rally (I'm talking about their exchange). It's an overestimated aspect if you want my opinion. Besides there were a lot of other bullish news that the market didn't even care for. The ETF on the other hand...  Roll Eyes

the exchange itself shouldn't move the market at first but I expect that the potential announcement of it being "sponsored" by X major US bank will give us a lift.

This. If somehow they will be able to establish an "i/o" through the fiat world, this will be the catalyst towards the biggest rally so far. Yet though, there's also another bank in the EU that plays that role (Fidor Bank) but no significant CCMF yet. Maybe because the EU BTC infrastructure is a lot smaller than the USA's one.

I'm confident though, that the twins are on the right track for a perfect rally. We'll see.
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