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1261  Other / Archival / Re: Mining pools list on: June 27, 2014, 11:05:36 AM
How come Bitminter is listed as Merged mining = No  ?

It says it right there in the post you linked to:

[/li][li]Merged mining - get namecoins for free while you make bitcoins[/li][/list]
1262  Economy / Securities / Re: [] NASTY MINING | POOL | COINS on: June 27, 2014, 11:03:34 AM
Here are the BFL Cloud Mining Pool options:
Triple Mining

My vote is for bitminter. 1% fee, but pays tx fees and merged mining NMC. Good uptime too.

Stats look like this:

Overview over the different pools:
1263  Economy / Service Announcements / Re: [ANN] Updated: Asia Nexgen Bitcoin Exchange Launched - No Fee Trading Promotion! on: June 27, 2014, 07:49:14 AM
Not very useful.


Let me explain more about the fact that volume in different currency pair is similar .

Other exchanges have separate order books and they have one order book for BTCEUR, another for BTCUSD. Trades, pricing, depth is all independent.

However ANX has a sophisticated engine that streams in FX rates in real-time, and blends all FIAT currencies into a single order book. Orders placed in BTCEUR can match against orders placed in BTCUSD. It's based on a very fair algorithm that converts each existing order into the equivalent price for any incoming order. USD orders are settled in USD, and EUR in EUR.

Some exchanges have tried to do multi-currency by first converting orders into a common currency, which is terrible for the customer as they suffer FX slippage.

In the case of ANX a USD order rests in USD, and a EUR in EUR. If they match, both parties receive their native currency. So when you call "/api/2/{currency_pair}/money/trade/fetch" for different currency pairs, you are actually querying against a single order book.

The data is completely transparent - the "primary" flat tells you what is going on. If a EUR trade matches against a USD trade, the USD and EUR will both be reported in the history call with primary="true".

Most charting and analytics sites continue to think of ANX as just the same as the other sites, and just choose one of our currencies to report, which is unfortunate as it doesn't accurately reflect our trades and blended order book.

Yes, I already know that. The problem is, like you said, the representation. It's not useful and it doesn't look professional. It looks fake.

How is this documented in your API documentation? What are your plans to improve the situation?
1264  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: June 27, 2014, 07:30:38 AM
[2014-06-27] WSJ: Mt. Gox Head Believes No More Bitcoin Will Be Found
1265  Bitcoin / Press / [2014-06-27] WSJ: Mt. Gox Head Believes No More Bitcoin Will Be Found on: June 27, 2014, 07:29:09 AM


Mt. Gox Head Believes No More Bitcoin Will Be Found

June 27, 2014 2:33 a.m. ET

Mt. Gox CEO Mark Karpelès speaks at a news conference at the Justice Ministry in Tokyo on Feb. 28. Associated Press
TOKYO—Scared, frustrated and angry—that's how Mark Karpelès, head of defunct bitcoin exchange Mt. Gox, says he felt when he realized in February that the exchange had lost nearly half a billion dollars' worth of the internet currency.

He said he has spent many sleepless nights since then. "I was always worried: 'What if all the bitcoins got stolen?" the 29-year-old Frenchman told The Wall Street Journal.

The Tokyo-based exchange blamed hacking attacks for the loss of 850,000 bitcoins, mostly those of customers. Since then Mr. Karpelès has rediscovered 200,000 bitcoins, but he doesn't believe more will be found.

"As the company head, my mission was to protect customers and employees," Mr. Karpelès said in the interview, his first with media since a Feb. 28 news conference to announce the exchange's bankruptcy filing. "I'm deeply sorry. I'm frustrated with myself."

From his 33rd-floor apartment in Tokyo's upscale Meguro neighborhood, he said he plans to auction off domain names as one way of keeping his other business alive and repaying creditors. Among them: and, short for AKB48, a popular Japanese pop group. He didn't say whether the domain of would be for sale.

The high-profile collapse of Mt. Gox—once the world's largest bitcoin exchange--raised questions about exchanges' safekeeping of customers' bitcoin. A court-appointed trustee in Japan said in April that Mt. Gox was to be liquidated. On June 18, a Texas bankruptcy court approved Mt. Gox's application for bankruptcy protection of its U.S. assets.

Mr. Karpelès is still the CEO of Mt. Gox, though he has transferred all the funds to a court-appointed trustee. He has been busy trying to keep alive his web-services company, Tibanne, which was the de facto operator of Mt. Gox. He said the trustee would monitor the sale of domain names, and any extra proceeds after Tibanne has been funded through the end of the year would go to Mt. Gox creditors.

He says he wants to find a new head for Tibanne--named for his orange-and-white cat, which stayed close during the interview. He will then stay on as an engineer to help develop the company's services.

That decision comes from his experiences at Mt. Gox, where he says the failure to find experienced executives to help him deal with day-to-day operations was a critical mistake. Instead of focusing on the company's technology, he often spent hours each day in meetings with lawyers and bankers.

"The weakest point of my company was management," said Mr. Karpelès, who was the sole executive of the company. "I failed to lay out appropriate corporate structures."

Mr. Karpelès says he would prefer for someone to take over the exchange and that there are several groups interested.

Mr. Karpelès suggested he is concerned that one such plan, backed by child-actor-turned-entrepreneur Brock Pierce has proposed using Mt. Gox customer money to rehabilitate the exchange.

"To begin with, remaining customer money should not be touched," he said.

A police investigation is still under way in Japan concerning the missing bitcoins. Mr. Karpelès said un addition to hacking attacks taking advantage of a system weakness called transaction malleability, there were physical break-ins at the company's offices and that at least one former employee pilfered electronic data. A Metropolitan Police Department spokesman said on Friday that he couldn't say anything about the investigation.

"If anyone wants to start a bitcoin exchange, I would say, 'Be sure to have 24-hour security guards,'" Mr. Karpelès said.

Mr. Karpelès indicated that the exchange's fast growth had been too much for him to handle without experienced help. Just in the three months after he bought Mt. Gox from founder Jed McCaleb in March 2011, the number of accounts surged 20 times from 3,000, he said. Mr. Karpelès tried to hire experienced managers but profits in the early days weren't enough, he said.

Mr. Karpelès says that since Mt. Gox fell apart he has returned to the habits of his early days in Tokyo, including eating less-than-$2 instant noodles. He wakes continues to work after he comes home at night, trying to find customers for a new Tibanne service.

Though he is staying far away from bitcoin, Mr. Karpelès said he wants to participate in meetings of Tokyo's bitcoin community some day and would be willing to share his story with fledgling bitcoin businesses.

"My experience would be valuable to them, especially if they are thinking of starting up a bitcoin business," Mr. Karpelès said. "I can tell them what they should do and shouldn't."

Write to Takashi Mochizuki at and Eleanor Warnock at
1266  Bitcoin / Bitcoin Discussion / Re: Google Finance now showing Bitcoin prices aswell on: June 27, 2014, 02:16:06 AM
What is the real BTC/USD exchange rates? Something about "I got 2 btc it's like i got 2*X USD"? Where i can find an X? I understand that X depends on my BTC-to-Fiat system but where i can find more information about "how Bitcoin/USD rates generates" and what is something like "average BTC/USD rate"? 

The rate "generates" because somebody bought/sold at that price and then that data is published.

If I understand you correctly, you might find this an interesting read.
1267  Bitcoin / Pools / Re: any. thoughts on bit solo mining pool on: June 25, 2014, 07:47:52 AM
I went through FAQ. They say they have found ZERO Bitcoin blocks until now.
They're merge-mining Namecoin and have found ONE Namecoin block.

They found one the other day:
1268  Bitcoin / Pools / Re: [1450 TH] [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] on: June 25, 2014, 07:44:45 AM
That's less that what I earned / block on slush pool with just 200 GH/s(0.00206662 btc reward / block more less). that must be wrong. ... or not ?

How long ago was that?
1269  Bitcoin / Pools / Re: [1450 TH] [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] on: June 25, 2014, 05:48:12 AM
but why do i have stats for bitcoins and namecoins? cant i only mine bitcoins?

Merge mining NMC does not cost you anything extra. If you don't want them consider donating 100% of your NMC earnings (under automatic donations)
1270  Bitcoin / Bitcoin Technical Support / Re: Controlling bitcoin core bandwidth usage on: June 25, 2014, 05:35:39 AM

Works for me.
1271  Bitcoin / Pools / Re: [1450 TH] [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] on: June 25, 2014, 05:30:50 AM
still dont understand which section i can see my BTC balance. Where can i see what i have already earned?. I just see balance in transaction history, but i want to know for example for last block, how much i earned, how much left for next block to be completed and so on...  Huh Huh thx!

You mean this? (you need to be logged in)

Personal Assets    Balance    Unconfirmed    Future    Expected per block
Hover your mouse over terms underlined with dots for additional info.
1272  Bitcoin / Pools / Re: [1450 TH] [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] on: June 25, 2014, 04:43:33 AM
anybody else having problems with their miners switching to backup pools?

Worked fine for me during the last one (a few days ago?) with cgminer 3.4.3. Which mining software are you using?
1273  Bitcoin / Bitcoin Technical Support / Re: Moving blockchain to another hard drive? on: June 25, 2014, 02:16:51 AM

IIRC Armory and QT use the same blockchain data.
1274  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core has been released on: June 25, 2014, 02:00:08 AM
The backwards compatibility with older linux distros looks great.  However, if this is the upgrade that contains the fix for the openssl dependencies, then shouldn't this be a *major* bugfix release?  Or maybe there's some other problem with openssl you were referring to.

openssl was fixed earlier:

For those wondering whether to upgrade from x.x.x, have a look here and see if it concerns you.
1275  Other / Beginners & Help / Re: Best way to transfer my BTC into cash? on: June 24, 2014, 12:37:11 PM
1276  Other / Beginners & Help / Re: Raspberry pi and rockminer help on: June 24, 2014, 12:33:40 PM

You mean you tried a guide like this already?

What is the problem?
1277  Bitcoin / Pools / Re: [1450 TH] [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] on: June 19, 2014, 04:28:48 AM

Still down here too.

It's 6:30 AM in Germany. I know what I'd be doing at that time of the day.  Wink
1278  Economy / Securities / Re: List of fraudulent compaines and corporate failures on: June 18, 2014, 03:33:59 PM

Wow, how could I forget?
1279  Economy / Lending / Re: [EDU] How to spot a scammer (Read this before lending your coins!) on: June 18, 2014, 03:27:51 AM

Some info here (BTCJam related):
1280  Economy / Service Announcements / Re: [ANN] BTCJam - Peer to Peer Bitcoin Lending on: June 18, 2014, 03:27:02 AM

Interesting, list of scammers:
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