Do you use Windows XP and haven't done any updates for quite some time? Then you need to update to get the root keys of the CA which signed the used certificate. Or go to startssl.com and install the CA root key manually into FF or whatever you use.
I am not using Windows but Intersango.com, Bitmit.net and a couple other sites I visit also have StartCom as CA and I don't get the warnings. Well, the certificate expires in 10 days or so, maybe the warnings will go away when it's renewed. *shrugs* |
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I'm getting an "Insecure Connection" warning when visiting https://icbit.se , what's up? That's strange, certificate details are correct, and I am not getting the warning. What's your browser? I tried IceWeasel, FireFox, and Opera. I get warnings from all 3 of them. |
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Hello Fireball, I'm getting an "Insecure Connection" warning when visiting https://icbit.se , what's up? Certificate summary- Holder: www.icbit.se
- Issuer: StartCom Class 1 Primary Intermediate Server CA
- Expires: July 29, 2012 10:43:00 AM GMT
Encryption protocol- TLS v1.0 128 bit AES (2048 bit RSA/SHA)
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If you are still looking, check this one out: http://us.toshiba.com/computers/laptops/portege/Z930/Z930-S9302 Processor: Intel® Core™ i7-3667U Processor highly portable (light): Starting at 2.47 lbs. long battery life: Up to 8.35 hours high screen def: 13.3" HD TFT LED Backlit display with Intel® Wireless Display Technology at least 4 GB of ram: 6GB DDR3 1600MHz memory Needs to have at least a 2 year international warranty: 3-Yr Limited Warranty SSD might be a plus: 128GB Solid State Drive (Serial ATA, SSD) Must have wifi: Intel® Centrino® Advanced-N 6235 (802.11a/g/n + WiDi Capable) Price: $1,479.00 And here are a few more models: http://us.toshiba.com/computers/laptop-finder?features=LightweightI like Toshiba, Fujitsu and Acer. Toshiba has 10X better customer service & support compared to any Apple product from my experiences. I linked you from the US site but Toshiba has your region as well. Oh, and Ubuntu installs on just about any computer (it's a pain on Macbook Pros though). |
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With the recent rise of the price of Bitcoins I wanted to talk about a few factors that I think are helping contribute to this. 1) Lack of short selling 2) No liquidity rebates on many major exchanges. The first one means that anyone who wishes to get into bitcoins or trade on the markets is going to be bullish from the start. Anyone who buys in at any price using fiat (i.e. USD) will need the price to go up to make money (on non liquidity rebate exchanges) and anyone who is a miner or has many coins will want the price to go up so will not have real incentive to keep the price steady or push it down. As such I do not believe these markets represent the real price of bitcoins. Now, everyone else who just wants to use Bitcoins will have a harder time as a result of these two conditions. Merchants will have a hard time keeping up with the currency exchange risk and buyers will be constantly thinking they could have gotten a better price here or there.. etc. I say the above because I want to bring light to how I believe a liquidity rebate (like the one offered by Bitfloor) help those trying to provide a market keep the price stable. Let say I am a market maker and I put an order out to buy bitcoins (and the exchange has no rebate). My order executes and I am charged a fee. This means that if I want to sell those same bitcoins I am already pushing the price up. However, if I am given a rebate for the order, I could turn around and sell the bitcoins at the same price or just 0.01$ higher and again look to get a rebate. By being constantly on the inside of the book with very large orders, I can pin the price better and still make a profit. This means that I can market make without the price having to move at all. In my opinion this is an important aspect of the liquidity rebate that helps price stabilize when short selling is not available. Obviously there are other nuances here, but I just wanted to throw this example out there for people who do some trading to try out and think about. It may be great to see the price of bitcoin rise rise rise for some, but for others it makes their transactions harder to manage so stable markets have their benefit as well  +1 I love your liquidity rebate pricing model but I wonder if it has any negative impact on trading volume? Scalp traders would most likely use market orders instead of limit orders, might this put them at a disadvantage? |
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Hello EuSouBitcoin,
Just out of curiosity, what is your relationship and/or vested interest with BitFloor.com?
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I don't see any problem with using MoneyGram via Bitinstant/ZipZap, other than a few fees, and it would seem to achieve what you are looking for, mostly, as far as I can tell.
Honestly, I'm not really sure why you have a bee in your bonnet in regards to postal money orders at all.
The difference between MoneyGram/WesternUnion and USPS is simple. With the first two if you have problem you have a commercial dispute under the civil law. With additional effort you could escalate it under per-state criminal law. With the USPS if you have problem you call USPS postal inspectors. They'll do the investigation and prosecute under the federal mail fraud statues. Basically the advantage for USPS money orders is that it is much easier and cheaper to start the legal proceedings in case of problems. I follow your reasoning for using USPS Money Orders and I trust the Pony Express more than 99%. I am aware of one Bitcoin exchange that accepts money orders Camp BX (unless they have removed this method recently). But for these Bitcoin exchanges in the USA accepting cash & money orders is really bad for business because they will get their bank accounts frozen. They might get away with it for a short period of time (3-24 months) but why take the risk? It is probably better to leave these cash customers to businesses like Bitinstant, BitPay, Payment Processors, In Person Exchangers, etc. I try to compare these exchanges to Discount Brokers in the USA but you will find no reputable Discount Broker that accepts cash, nor will they allow funds to move between accounts with different owner names (even if wife, mother, etc). Why? Because they don't want the business shut down or the staff to go to jail. Of course, there is a long list of Private Bankers who will accept a duffel bag full of cash but they don't operate within the law.  We may bitch and complain about all these banking rules in North America and Europe but when the shit hits the fan it's where we want our money. |
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Well, good luck with this. Have you thought of opening up a BTC/SLL Real-Time Trading Exchange?
Don't want to hijack thread, but there are cool guys from TheRock Trading Co. among us on bitcointalk, and they run BTC/SLL exchange here http://www.therocktrading.com/rock/currency_exchange, so maybe you can even do arbitrage I want to continue the hijack I noticed TheRock Trading Co. today while researching some information. They do look good so far in my opinion, trading fee of ~1% or so. The site just needs a decent API and more volume for now. |
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At the request of Gavin Andresen and shtylman couple of messages were deleted from the thread in "Development and Technical Discussion": https://bitcointalk.org/index.php?topic=93502.0In one of the deleted messages shtylman (the operator of BitFloor) had inadvertently disclosed that he isn't an US resident and doesn't reside on Manhattan where the exchange offices are allegedly located. I wish I saved those messages before posting, but I'm working from a borrowed laptop. Anyway, be safe or be sorry. The choice is yours. I just had to delete a few for your posts from the technical details for how a wallet move request works thread. Please do try to stay on-topic in the future.
Can you clarify this a bit? Because I was under the impression that: 1. He lived in Brooklyn (which is just across the bridge from Manhattan). 2. There are many people living in the USA who aren't US residents, are you saying he doesn't live in the USA? If you guys are willing to pay a fee, I can have someone visit his business/residence and provide videos & pictures. So here we are... |
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As an example: Using MtGox's BTC/USD previous 30 days trade data from http://www.bitcoincharts.com/markets/ ... Volume= 1,324,462.76 BTC Average trading Fee =0.4% (Guesstimate) BTC/USD@$8.00 Excluding MtGox's operational costs this is 10,595.70 BTC profit per month (1324462.76*.004*2) or $84,765.60 USD per month (1324462.76*.004*2*8 ). Using a conservative additional margin profit of 3x, this would be a profit of 31,787.10 BTC or $254,297.00 USD per month. An additional profit of 169,531.00 USD per month!!! This is more than enough to hire accountants, auditors, compliance officers, consultants, developers, lawyers, security specialist, customer service representatives, etc. just saying you are working on a great project.... |
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Hello Andrew, I noticed you were asking for margin & shorting feedback: https://bitcointalk.org/index.php?topic=93583.0I have no idea how to implement these features but... I believe eventually the Top-10 exchanges will offer margin trading accounts simply because it is a huge money making machine. This may be one of the reasons US brokers try to push their clients into margin accounts instead of cash accounts. If you look at the quarterly & annual reports of these brokers ( www.sec.gov) it is an increase of 10x-100x times in profits. |
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Hello lucif,
Your profile statistics has "2 hours and 27 minutes" online. So spend another 1 hour and 33 minutes online and you'll be good to go.
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Hello chris3spice, Why not just trade at https://www.virwox.com/? Their volume is ~100K BTCs per month at the moment and I haven't heard of any complaints about them. That's what I'm trying to not do, because their trading is much more expensive than trading on Mt. Gox or anything, I want to save people a little money if possible Right now its Trading 1BTC for 1901L which is roughly $7.43 USD After fees and stuff I make about 10 cents on bitcoin trades and I save you 100L instead of trading via Virwox I see what you mean. I've been researching different bitcoin exchanges and VirWox has the highest trading fees so far (almost 3% !!! ) but they are transparent about their business which is very good. Well, good luck with this. Have you thought of opening up a BTC/SLL Real-Time Trading Exchange? Cheers! |
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Very nice!
Is this a proprietary trading platform? I'm sorry. English is not our native langugage, Could you elaborate on that. Best Regards Did you guys write your own Order Matching engine, purchased it or are you using Open Source? Also, is there a phone number we can call you for customer service? |
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Very nice!
Is this a proprietary trading platform?
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Updated, thanks guys!
It wouldn't take long to update the wiki once all the relevant information is collected. I believe the thread is fine for now and it's great for getting comments & feedback from people using and running the exchanges.
Most of this information would only take about 5 minutes to gather when dealing with IRL businesses but it's a PITA with these Bitcoin exchanges, why all the secrecy?
Anyways, I'm still adding/removing/gathering information so keep it coming guys.
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(I believe this Linux distro was made by Intel & Nokia specifically for the Atom chips.)
