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Is anyone mining this lately? I sent 200 MNC for an ad about 10 minutes ago and it still hasn't confirmed yet. The countdown timer ran out (actually just went to 00:01, not to zero). Now what. To refresh or not to refresh.
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With a constant influx of 10M per month (or really any number), and which is staying in BTC, no amount of money in the world is enough to keep the price below 200 (or another number).
Proof: with a constant influx of 10M/month a price of 200 is reached sooner or later. Then to keep the price down you need to buy at 200+x and sell at a loss for 200, losing x*50000 each month. x will be rising, because less and less sellers are available. Remember all the previous buyers stay in BTC, so supply is shrinking. x will skyrocket and likely cause bankruptcy of anyone trying this, but sooner or later you run out of sellers due to the limited amount of BTC even with infinite funds. As a hypothetical upper limit after 21000000*200/10000000/12 = 35 years there are no BTC left for you to buy and resell.
Not quite. Not all transfers occur on exchanges (almost none of mine for example, as I primarily use bitcoin in commerce rather than as investment). If one were only to buy (or trade to acquire) off exchange and only to sell on the exchange, this depresses the exchange pricing. Additionally a large mining concern that sells all it mines and only sells via exchanges, can depress pricing (and also keep the cost to depress the price down if they are using the exchange price to set the price). The point being, the answer is not knowable mathematically in the way you describe without accounting for all the off-exchange transactions. It does not matter where you buy. You will run out of people who can sell to you eventually, because there is a limited amount of bitcoin in existence. You can never* buy and resell more than this amount, regardless how high your subsidy. *) Assuming rational people do not sell to you for less than they bought from you. If they sell to you for equal or more than 200/ your proposed net influx is not maintainable. You'd have to also assume that the bitcoins being sold are *real* and not just un-backed entries in some fraudster's database. |
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No different to bitcoin then.
In that you can speculate with them, yes. I meant how it can make you poor, like in the quote that I quoted. |
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Altcoins can make you rich and litecoin certainly made few rich.
They can also make you poor, and several altcoins certainly did that. No different to bitcoin then. OP, my personal feeling would be put 18-20k into bitcoins, 5-7k into litecoins. |
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I wouldn't buy it - I don't wear 'novelty' shirts.
Why does he have $ in his eyes by the way? Is he planning on exchanging all his mined bitcoins?
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Compare it to mcxnow.com
Are you giving suggestions on how to get less visitors? |
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The owner should put some sort of 'auto-scale' in his script. Again, the data is off-scale...  Please fix!  It does scale automatically as far as I can tell, however it adjusts according to the red line ( difficulty) only, not the estimates or anything else. |
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I didn't even know the site existed! Do you know you can advertise in mincoins too? You can't just launch a site and not advertise it. http://www.mincoinads.com/Well, I have tons of posts and the link is in my signature in all of them so it's not exactly unadvertised. As mentioned, not sure it's worth the effort keeping it going, just giving a heads up. |
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I'm considering just closing this site.
Since May 07 launch, it has made a grand total of 212 MNC profit - maybe worth $5.
Obviously hasn't been worth the effort so far, or indeed even paid for the domain name.
If you have any strong objections to the closure, let it be known here! Otherwise please request a withdrawal of any remaining balance you may have left on the site.
Thanks.
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It may not, but we all hope it will.
Newsflash: It didn't. |
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Note also that I believe the percents showed on the taint page are related also to the number of coins actually transferred between both addresses, and it is not clear how/if this correlates strongly with the shortest path in the graph. So I'm not sure what exactly you are looking for.
Oh, I didn't realize that, but I guess that's what I'm looking for - How about I word it like this: Input: 2 addresses Output: A number between 0 and 100, showing how strongly the addresses are 'connected' or related, and the number of coins in each transaction would be a useful metric in this case. 0 being there is no connection between them whatsoever, and 100 being that the ONLY coins sent from one address were to the other one. Ah, if only I had all the time in the world... |
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Ok, I think it looks like the price has bottomed out.
I kind of agree, however I lol'd because it always seems to go down whenever anyone says that. |
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Qt should not allow bitcoin addresses as labels.
So they'd limit what you can have as a label? Sounds absurd to be honest, this was obviously a mistake on the OPs side. I agree it should not be limited. Addresses are just text, people can use them for usernames, passwords, their first born's middle name (if not naming him bobby tables). |
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Maybe finding ANY path is too complicated as you guys are discussing, but what about just finding a STRONG path if it exists.
For example, on blockchain.info's Taint page, it lists the associated addresses and the % that they are connected.
What would be great would be if you could enter 2 addresses, and see if they were connected to each other in a strong way.
On a practical level, this would involve nothing more than entering 1 or 2 of addresses into blockchain.info's Taint page and seeing if the other address is on that list, but in an automated way, so one doesn't need to use CTRL-F.
Like, find out if two addresses have a X% or more linkage, otherwise forget it!
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It is an address to another site I use.
Glad to hear you found out who owns the address - That's the first step in getting your money back. |
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How did that 1Hhq... address get generated though?
Outgoing addresses aren't generated by you. You would have pasted it in at some point in the past, either by sending to that address previously, or by manually adding it to your address book. At some point in the past, you must have got that address from somebody or some website. Although... There is also the possibility that you have some kind of trojan or virus in your system that replaces the text in your clipboard, with the attacker's bitcoin address. That's not just theory, someone actually did program something like that. |
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And how do I get my coins back?
Bitcoin is awesome because: No refunds. You will need to find the owner of 1HhqczqixCqwo2jZyZELFUwEMKcjngphmV and ask him nicely to send them back, otherwise you're out of luck. |
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Here is the blockchain info: https://blockchain.info/tx/28ecafcdf6b75c45eab1cf9a902bd6d2661842fb4849133ece486004f927b4d1Here is the transaction information from Bitcoin-Qt: Status: 12 confirmations, broadcast through 10 nodes
Date: 7/8/2013 17:50
To: 1D3kVrgh71gCFaQerj2eZUboSPeQdwTUQH 1HhqczqixCqwo2jZyZELFUwEMKcjngphmV
Debit: -0.60 BTC
Transaction fee: -0.0005 BTC
Net amount: -0.6005 BTC
Transaction ID: 28ecafcdf6b75c45eab1cf9a902bd6d2661842fb4849133ece486004f927b4d1 I KNOW I sent it to the 1D3kVrgh71gCFaQerj2eZUboSPeQdwTUQH address. I've even taken a screenshot of the program that shows it going to the right address. WHY are there 2 addresses, and WHY does blockchain show my coins going to the wrong place?! Thanks a lot for any help What you've done is obvious to me... You have LABELED the 1HhqczqixCqwo2jZyZELFUwEMKcjngphmV address with a STRING that says 1D3kVrgh71gCFaQerj2eZUboSPeQdwTUQH. Normally, you'd expect that transaction window to say something like this: To: My Friend Bob 1HhqczqixCqwo2jZyZELFUwEMKcjngphmV But in your case, instead of labeling the address with "My Friend Bob", you've labelled it with another address. ...obviously, the label has no effect on where the coins get sent. Sorry to say, you most definitely have sent the coins to 1HhqczqixCqwo2jZyZELFUwEMKcjngphmV. I suggest you look this address up in your Address Book tab and re-edit the label you've put on it. |
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I know blockchain.info has it's Taint Analysis thing, but you can only enter 1 address, and then you need to search for the 2nd address manually, on the page that's returned.
Does anyone know of a place I can input 2 addresses, and have it show me the shortest list of transactions that connect them? (If there is any connection at all)?
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I have a win brother
Maco's brother FTW... |
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