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721  Economy / Service Discussion / Re: ripple... account... no wallet... ridiculously opaque on: September 07, 2014, 12:23:14 AM
I bought a couple hundred xrp, I'm well aware what it's for and what it's not for.
Here's the post where snapswap announced the service on their blog:
http://blog.snapswap.vc/2014/08/instant-deposit-from-major-us-banks.html
When I saw that, I went and opened and activated a ripple account.
I suppose the next step is, open a snapswap account.

Edit:  I opened a snapswap acct
"Welcome to SnapSwap! Both your identity and proof of residence were accepted! You can now add funds to your Ripple account using SnapSwap."
I haven't made a deposit yet, but there's a button on the snapswap website.
Max $300, fee of 1%+$.29
Was hoping for better.
722  Economy / Service Discussion / Re: ripple... account... no wallet... ridiculously opaque on: September 07, 2014, 12:03:30 AM
You don't need to add a trust line to Bitstamp to send them funds
Thanks; didn't know that.
My aim is to deposit dollars on Bitstamp without the expense of international wire transfers.
There's a new service offered by snapswap that enables U.S. citizens to send dollars directly from their bank accounts using ripple.   So I'm trying to figure it all out.  Sending a few xrp to Bitstamp was an experiment. -- don't hold it against me  Wink
I just wanna make some dollars go like this:
bank --> ripple --> Bitstamp
I've bought and sold hundreds of bitcoins.  I'm hardly a crypto newbie.
I only started with ripple this morning, and I'm still at the stage where it seems unnecessarily obscure and frustrating.
723  Economy / Service Discussion / ripple... account... no wallet... ridiculously opaque on: September 06, 2014, 09:33:28 PM
I went to ripple.com, opened an account, deposited some BTC and bought ripple, thought I was getting off to a good start.
Sent some xrp to Bitstamp (included destination tag), bitstamp sent it back.  Methinks no biggie, I'll google around and figure this out.
Found a link "how to grant trust to Bitstamp."
http://www.nofiatcoin.com/how-to-grant-trust-to-bitstamp.html
Says "Once you are logged in Ripple and on the Wallet page"
Well, there is no wallet page.  So I google some more and find the link to the ripple client, where I can start a new ripple wallet.
But I already have an account and a ripple balance.  Am I going to be starting another account by creating a wallet?  It's not asking for my existing ripple name.
724  Economy / Service Discussion / BTC-e versus bitfinex -- fees? on: August 25, 2014, 01:53:20 PM
I have accounts on both of the exchanges in the title of this post, and I am wondering which is cheaper to trade on.
I am not a high roller, won't be getting a discount for high volume trading.
Which exchange is better, BTC-e or Bitfinex, from the standpoint of fees?
I've looked at fee schedules and FAQ's, and I'd like to hear a word from people with experience trading on these exchanges.

I will probably avoid dollar deposits and withdrawals.  I will make deposits in BTC.  If I need to get dollars out I plan on buying BTC, withdrawing it, and selling the BTC off-exchange.
725  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: August 24, 2014, 11:18:52 PM
Hello, I have a question about using bitfinex:
Does bitfinex allow a user to open a second account?
If someone here has done so, I would like to know, among other things, whether this requires using different email addresses for the two accounts.
726  Economy / Trading Discussion / Re: Bitcoin Nostradamus on: August 24, 2014, 02:05:50 AM
I downloaded the android app.
It gives me the choice of opening the lite version or the full version.
Lite version opens.
But the full version asks for a login and password, which I don't have.
How do you get the full version?

(also, refresh button would be nice.)
727  Bitcoin / Mycelium / Re: Mycelium Bitcoin Wallet on: August 19, 2014, 01:14:02 AM
Couple of questions

Is it going to be a bunch of words, like electrum

Can we use our own seed
728  Economy / Speculation / Re: [ 14 august data ] A BITCOIN PRICE THEORY on: August 18, 2014, 05:11:00 PM
+ 6 addresses greater than 1000 BTC

Yesterday they took the opportunity to accumulate.

just a sort of manipulation then, someone is playing big out there

Manipulating the blockchain?
729  Economy / Speculation / Re: what should I do, I invested a lot on: August 18, 2014, 05:06:13 PM
Impros88,
     What comes through your post is the anguish and panic.  This is the cause of every bad decision.
Here's something that might ease your fears:
"+ 6 addresses greater than 1000 BTC
Yesterday they took the opportunity to accumulate."
from
https://bitcointalk.org/index.php?topic=441336.160
The super duper bitcoin bad boys are long and going longer. 
Does that tell you something?
730  Economy / Speculation / Re: Data backing continued exponential price increases for Bitcoin on: August 18, 2014, 08:31:17 AM
That's why I'm surprised. On the chart we can see a curve that fluctuates around a straight line. Correct? The vertical scale is log. Correct? Therefore the straight line is an exponential line. Because no other line can be straight in the log scale. Correct? Therefore rate of adoption (squared) fluctuates around an exponential rate. Correct? Exponential line squared is still an exponential line. Correct? Therefore rate of adoption grows at an exponential rate. Correct?

Right now adoption is increasing at a linear rate.  This means we gain more users at some average constant rate of new addresses per day.  The Metcalfe value is this value squared.  So, to approximate, N(y) = y^2, where N is the number of addresses and y the year number.  N increases exponentially as time marches on in a linear fashion.

As we approach the center of the S curve, adoption will begin increasing at an exponential rate.  The Metcalfe value is this exponential rate, squared.  So, to approximate, N(y) = (y^2)^2, where N is the number of addresses and y the year number.  This is simplified to N(y) = y^4.  N increases much faster here.

Now the S-curve. It is basically an exponential curve that at it's last third slows down to horizontal line. Until that stage it's rate of growth is constant.
I will stop you here.  What you describe is not an S curve.  This is an S curve:


That's a linear chart.  OP is log chart.
Please don't get them mixed up.
731  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 15, 2014, 06:35:04 PM
monkey is disturbed by world war three.  he's confused and out of the market.  that means i hold.


... which answers my earlier question. Too bad that monkey is chained up in the basement instead of being allowed to trade. He seems competent enough.
Monkey is chained in the basement because he's like The Gimp from Pulp Fiction.
Useful, but if he gets loose... Watch out.
Who's got a gif of The Gimp in action?
732  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 03:59:00 PM
Ease up.  27 pages so far today and the day is only half done.
I scrolled through all those pages checking posters's names, to see if one of the three or four people worth reading had contributed.
Nothing but the usual cataract of logorrhea and cutesy images.
733  Bitcoin / Bitcoin Discussion / bitlicense petition on: August 13, 2014, 12:03:00 AM
Sign this petition and forward the link to your friends
http://chn.ge/1o4sot7
734  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2014, 08:06:24 PM
This is fun.  We're like a group of dogs with a bone, but instead of snapping at each other we pass the bone around and just kind of growl in satisfaction because we're civilized dogs.
735  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2014, 08:13:26 AM
the overwhelming majority of mined coins...  a massive bubble imminent.
inside the SEC... bread is buttered... bull move.
Aminorex, you keep talking about these optimistic scenarios involving mined coins, the sec and I don't know what comes next

If [thing 1] then--> Bull run!
If [thing 2] then--> Bull run!
736  Other / Politics & Society / 9/11 derail: rpietila Wall Observer - the Quality TA Thread ;) on: August 09, 2014, 12:17:36 AM
The U.S. demolished WTC 1, 2 and 7, blaming it on ragheads
This nutty conspiracy theory that the fall of the WTC was an inside job doesn't wash, Risto.
Passenger airliners flying out of Boston hit the towers.  Those buildings were 110 storeys tall.  The entire mass of those buildings pancaked straight down.  It's kind of surprising they only took one other building with them.
You remind me of an Egyptian friend I knew many years.  He came up to me and said, you know they warned all the Jews before the buildings fell down, right?
Abysmal.
I've been living in New York City since 1981.  I've heard enough ridiculous statements from ignorant people.
737  Bitcoin / Mycelium / Re: Mycelium Bitcoin Wallet on: August 07, 2014, 01:53:32 AM
My vote goes for expanding the bip38 import function to include the text.
(I used bit2factor.org to encrypt the key.)
738  Bitcoin / Mycelium / Re: Mycelium Bitcoin Wallet on: August 06, 2014, 08:38:31 PM
Quote
I was just about to suggest that. We already support importing BIP38 keys from QR codes, so why not from clipboard?
Question
If you take the private key
5Karjv4pF57T9HFzqkS3Qe57KEhTAR1rfwF6YinWwcJJU8tAaci
and bip38 encrypt it with the phrase
crazy horse battery staple
You get the encrypted private key
6PRVsx6GBbcxgi2qoQ9GHAHAppRpX35Arv5eiJQet8GoPqPXCygYzYLL8G

Is that right?
739  Bitcoin / Mycelium / Re: Mycelium Bitcoin Wallet on: August 02, 2014, 09:25:34 PM
In general, it would be worthwhile to have the ability to work in text.

As a special illustrating case, and if you read my post attentively, the device generating the key to the brainwallet may be the same device running mycelium.  In this case it's impossible to use a qr code.
Or there might be people who still use mobile devices without a camera.

One can generate a private key on his tablet and copy it to clipboard, but this entails prohibitive risk, so for all practical purposes mycelium now can only import a key in the form of a qr code (from a second device or from a paper wallet).

The devs are busy working on the upcoming HD implementation, and I wouldn't want to distract them from that.  But just to move the conversation along, here's a possible scheme:   generate the private key, encrypt it with gpg, import it to mycelium through the clipboard, and decrypt it in mycelium.  I'm not suggesting the devs should devote resources to implementing symmetrical encryption for text private keys, I just want to bring attention to the issue of importing text.

Maybe there's a simple and secure way of importing text which wouldn't be too hard to implement.  Surely there's no harm in considering it.
740  Bitcoin / Mycelium / Re: Mycelium Bitcoin Wallet on: August 01, 2014, 01:57:43 PM
I have to generate the private key of a brain wallet and import it into mycelium on the same device, which means I don't have a way to scan the qr code.  You're telling me not to use the clipboard,
This is insecure as hell. Every App can always access and alter the clipboard content.
and mycelium offers no way to type in a private key.

I'm on the road, so I can't fire up a PC and generate a qr code of one of my brainwallets.  I have an android tablet and a flip phone.

Scenario:
I have the bitaddress.org code saved; after turning off data and wifi I locate the file using ES File Explorer and open it in Chrome.  The bitaddress.org code generates a key.   Now I need to import the key to mycelium.

I have considered taking a photo of the qr code with my flip phone, then scanning the flip phone's screen (tested this and it actually works).  

Looking for further ideas, like some way to get the private key into mycelium without copying it to clipboard.  Out-of-the-box ideas that I haven't thought of.
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