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1781  Economy / Digital goods / Re: [WTS] EQN Landmark Closed Beta keys on: March 28, 2014, 03:28:21 AM
Sold 1, have 3 left!
1782  Economy / Digital goods / [WTS] EQN Landmark Closed Beta keys on: March 27, 2014, 03:38:04 AM
Hello I have 4 Everquest Next Landmark beta keys for sell. Looking for 0.02BTC each. PM or post if you'd like to purchase them.
1783  Bitcoin / Legal / Re: Bitcoin Is Property Not Currency on: March 26, 2014, 02:52:07 AM
So exactly which part of the system is "property"? Did the gurus at the IRS define that precisely?

Is it the private keys, or the blockchain entry, both, either, niether or something else entirely?

And if it is the private keys, what if they have been destroyed because all I have now is a brain wallet?

I just do not see how they could successfully legally define any part of the system as "property", in the usual context of "property law". Awaiting the court cases with popcorn ready.

Well, they just freakin' did it, so you are going to take them to court over the matter, right?

That's what I thought.

Thank you for your input.

My $.02.

Wink

Maybe he won't directly, but others may.
1784  Economy / Collectibles / Re: Silver Wallets a new kind of physical storage for your bitcoin on: March 24, 2014, 02:33:09 AM
I bought a coin and sent the btc to the address you provided for me. Still no confirmation that you received my coins and no response to PM's. Can you please check your inbox?

I got you down, shipping tomorrow! Sorry I'm out at a concert right now. Smile Empty Soul great rock band you should check them out.

Oh ok excellent, thanks!
1785  Economy / Collectibles / Re: Silver Wallets a new kind of physical storage for your bitcoin on: March 24, 2014, 01:20:33 AM
I bought a coin and sent the btc to the address you provided for me. Still no confirmation that you received my coins and no response to PM's. Can you please check your inbox?
1786  Economy / Collectibles / Re: Silver Wallets a new kind of physical storage for your bitcoin on: March 23, 2014, 06:54:06 AM
Sent you a PM, please reserve coin 33 for me.
1787  Economy / Digital goods / [WTS] Elder Scrolls Online Digital Standard Edition with 3-day Early Access Keys on: March 23, 2014, 12:17:40 AM
Hello, I'm selling up to 7 keys for the elder scrolls online digital standard edition, which comes with 3 days of early access.

The current price is 0.0971 bitcoins ($55) which is a 8% discount off retail price and also you pay no tax. This deal is good for 48 hours.

The way it works is that you send the bitcoins and I give you 1 key. You then log into your ESO account here: http://account.elderscrollsonline.com/ , click on "Redeem Code" under your account summary, enter the code I give you and then your ESO account is activated for the standard edition + 3 days of early access.

If you have any questions feel free to post or PM me. I'm buying these codes with my own card and no need to worry about chargebacks. If you check my trust I paid for a BFL miner months ago with paypal and the guy never complained about any chargebacks. I also have a history of dealing with $1000's of dollars a day in buying and selling diablo gold without any problems. (Search for Lythknight on Ownedcore or I can provide links if people request them).

I've also sold an AMD game key a few months back on these forums without any issues.

This is the process and what the account page looks like once you entered the code (the code redemption screen was pasted on top of the activated account screen)


1788  Alternate cryptocurrencies / Mining (Altcoins) / [Interest] KNC Titan 100 Mh/s Scrypt Miner on: March 22, 2014, 05:10:22 AM
I'm considering buying a KNC Titan and splitting some of the costs and mining profits with the community by selling shares. I'm thinking of dividing the miner in 100 shares, which would make it 1Mh/s per share. Cost would be $120 per share ($120 per Mh/s) and would come with 6 months of free electricity and cooling costs. After the 6 months the hosting fee would be around 2% to cover for electricity and cooling.


If you're interested post how many shares/MH you'd like so I can get a rough estimate.
1789  Economy / Speculation / Re: Lyth0s Bitcoin Price Trending and Speculation on: March 21, 2014, 11:08:01 PM
Bitcoin adoption is going to be the prime key in the continued exponential growth in bitcoin for the next few years. It doesn't need any bubble (which you are calling a rally) it just needs to continue to be talked about and used in purchases and investments. Your slumber method isn't really predicting anything long term, it really is just a few lines that show the movement of price of bitcoin over the past few days and project where it will go tomorrow. While that would be good info for a day trader in bitcoin, it doesn't show any underlying value to the bitcoin or long term price movement.
1790  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 10:11:41 PM
Chinese Slumber Method prediction for Saturday March 22

Prediction valid for: Saturday 2014-03-22, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 3447 CNY.
Bitstamp's predicted price: 566 USD.



The red and green strokes are actual hourly prices (Huobi on the left, Bitstamp on the right).  The magenta square at right is the above prediction.  The blue square next to it is the last prediction (see below). The light blue-gray squares are the older predictions.   The blue dots are the Slumber Points, the mean prices ((L+H)/2) in the interval 19:00--19:59 UTC every day. On the Huobi plot, the size of the Albertosaurus under each dot indicates the night-time activity at Huobi. Specifically, the area of the reptile is proportional S = Vh/Vd, where Vh is Huobi's mean hourly volume in the three hour period 18:00--20:59 UTC (02:00am--04:59am China time), and Vd is Huobi's daily volume 00:00--23:59 UTC on the same date.  The largest Albertosauri correspond to the S = 0.010 or greater.   The size of each blue dot (on both plots) is proportional to its reliability weight, computed from Huobi's ratio S.  The brown lines on Huobi's plot are trends fitted a posteriori to the Slumber Points. The orange line is the trend assumed for the Huobi prediction above.

The trend assuemd now is the straight line A + B*(d-d0) where d is the day of the month, d0 = 19, A = 3745.85, B = -99.49, fitted by weighted least squares to the points Mar/19--21.  (It seems that there was indeed a break in the trend between Mar/18 and Mar/19, as suspected yesterday.)

The Bitstamp prediction, as usual, is the Huobi prediction divided by the currency conversion factor R, which today was 6.09 CNY/USD.

Checking the previous prediction

Prediction was posted on: Friday 2014-03-21, 00:02 UTC
Prediction was valid for: Friday 2014-03-21, 19:00--19:59 UTC (~19.5 hours later)

Huobi's predicted price: 3630 CNY.
Huobi's actual price (L+H)/2: 3547 CNY
Error: 83 CNY (~14 USD)

Bitstamp's predicted price: 591 USD.
Bitstamp's actual price (L+H)/2: 582 USD
Error: 9 USD

NOTE: By my count I still have 1 Note credit, so there is no Note today.



I predict $589 tomorrow.
https://bitcointalk.org/index.php?topic=518871
1791  Economy / Speculation / Re: Lyth0s Bitcoin Price Trending and Speculation on: March 21, 2014, 10:01:05 PM
Well that trendline that I posted has a R squared of greater than 0.9 meaning that the bitcoin price has an overall close association with time in an exponential equation. How would one use that info? Buy bitcoin when it is below the trend and sell when its above. And if we could retrospectively go back and buy/sell according to my graph, you would have always bought bitcoin cheap and sold it during each bubble. My graph by no means can predict lows and bubbles, only what the average price should be. So as the market continues from here on out, I'm personally going to buy below the trendline and sell somewhere (maybe 10-15%) above the trendline, rinse and repeat. People can speculate and try to sell higher before a bubble crashes, but I like playing the safer and more predictable way while still earning good revenue.
1792  Economy / Speculation / Re: Lyth0s Bitcoin Price Trending and Speculation on: March 21, 2014, 05:59:42 AM
Bitcoin hit $582 today, which means it went down to the $550-$590 area I was previously talking about. According to my graph it should now be at $581 on 3/20/14, which is pretty damn close to the $582 it resides at today Smiley

I would recommend buying now and enjoying the ride up. There is a possibility of a market scare that would make it go down more, but I think the risk of waiting out weighs the potential benefit if you just buy now.

so you rescind this earlier prediction?


Latest Predictions:
3/16/14 - I think bitcoin may drop to $566 this month before trending back up.

No I do not. That prediction was based on where bitcoin price should have been on 3/16/14. Now that its 3/20/14 my formula states the price should be $581 and now we can hope for a slow gradual increase of bitcoin price from here on out. Could it drop lower for a little bit due to a public scare? sure. But the math would show that the price should be $581 now and I wouldn't risk hoping that it goes lower. Should be back to $609 by 3/27/14.
1793  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 05:52:52 AM
Bitcoin hit $582 today, which means it went down to the $550-$590 area I was previously talking about. According to my graph it should now be at $581 on 3/20/14, which is pretty damn close to the $582 it resides at today Smiley

Post: https://bitcointalk.org/index.php?topic=518871
Original Article if you want to follow the trend for the next 3-4 months: http://www.geekcipher.com/technology/bitcoin-price-prediction-march-2014-through-july-2014/
1794  Economy / Speculation / Re: Lyth0s Bitcoin Price Trending and Speculation on: March 21, 2014, 05:51:22 AM
Bitcoin hit $582 today, which means it went down to the $550-$590 area I was previously talking about. According to my graph it should now be at $581 on 3/20/14, which is pretty damn close to the $582 it resides at today Smiley

I would recommend buying now and enjoying the ride up. There is a possibility of a market scare that would make it go down more, but I think the risk of waiting out weighs the potential benefit if you just buy now.
1795  Economy / Currency exchange / Re: Beware of PayPal and other reversible transfer services on: March 21, 2014, 03:32:56 AM
Does anyone here have a testimony, or more importantly, a bad experience using Moneypak?

If I sell BTC for moneypak, and then cash it out to my paypal then withdraw it to my bank, will I have a problem?

If I use a prepaid visa card, and withdraw the cash through an ATM is it an issue? If not, where can I get cheap or free prepaid visa cards that are ATM compatible?

I have not heard of their being any problems if you submitted all your personal info to PayPal. Edit: Looks like you're not allowed to withdraw your own funds if you submitted your own Money Pak.

Well, that's not entirely true. I loaded up my paypal with MoneyPak and already did several withdrawls to my bank, but I'm not sure how many more I can do and I'd rather not risk it - so I wanted to hear from others. Then again I have been verified and confirmed with Paypal for 5+ years now.

Quote
PayPal's terms of service do not allow funds added by MoneyPak to be withdrawn and sent to the account holder's bank account. PayPal's intention is that those funds added will be used for sending money to a merchant or to another PayPal member *
*Citation needed

I really need to know who wrote this, and where the TOS says so.

That "refund" request is pretty concerning. But how does it work exactly?

I just tried that refund request with a MP code I already loaded on Paypal and this is what I got:

Quote
There are insufficient funds for this transaction. The balance on this MoneyPak is $0.00

So this "refund" is for Moneypak $ left on the card, that you likely request probably through check in the mail.

I can confirm that once you hit a thousand a month in moneypak to paypal to bank account that both paypal and moneypak look into the transactions and will no longer allow your SSN to accept moneypak. Happened to me personally about 1 year ago. They told me moneypak was to add money to my paypal for payment to others only. They consider you as accepting moneypaks as payments which is not allowed
1796  Alternate cryptocurrencies / Mining (Altcoins) / Middlecoin.com on: March 20, 2014, 12:33:04 AM
Hello, i'm trying to figure out how many bitcoins per day I would get per MH/s. Is there a way I can calculate that from the few stats that are given on the website, or can anyone else tell me how many bitcoins/MH you're getting per day on middlecoin.com?
1797  Alternate cryptocurrencies / Altcoin Discussion / Litecoin-QT no block source available? on: March 18, 2014, 11:03:47 PM
It says no source available and I am allowing it on my firewall. Any suggestions to get it to connect to the network? Hasn't been an issue in the past.

Edit: Issue resolved, just took an hour to find a block source I suppose..
1798  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 09:08:54 AM
Everyone keeps talking about this "trend line" (im guilty of it too), but what if our trendlines are actually wrong. <snip>
We all think the blue/green is the real trendline but then it ends up actually being the purple one after a devastating correction (a REAL bear market) is revealed.

Why are you using Mt Gox dip down to 1xx's to formulate your trendline?

Barring a change in the US regulatory framework I think we will grind sideways with moments of volatility before slowly making our way back towards the ATH, at which point all hell will break loose.

I'm not. The mtgox dip is a coincidence. The purple line is actually formed by connecting a bunch of contact points in 2011-2012.

Make the purple line have a similar start date as your other two lines, then see how the slope looks...I don't see why you arbitrarily picked a different date for it, unless I'm missing something.
1799  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 08:48:54 AM
Everyone keeps talking about this "trend line" (im guilty of it too), but what if our trendlines are actually wrong. They are all drawn after the fact, arbitrarily, using the latest data, which may be skewed high or low if we are currently at a very high or low point. What if the price doesnt actually follow that trendline, or more importantly what if our slope of the trendline is completely wrong? The correct trendline and the correct slope would be revealed only after a major price correction (like 2011) and then we'd follow the new trendline. For example, it could be like this (in purple):





We all think the blue/green is the real trendline but then it ends up actually being the purple one after a devastating correction (a REAL bear market) is revealed.

I think the purple slope is scewed due to its starting point being different than the other two
1800  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 08:19:28 AM
That volume is most likely just bots exchanging and re-exchanging the same coins even for a possibility of a 0.00001% gain since there is no fee. Does high volume of exchanges keep the price more steady? I think so because it creates a more baseline value of each coin at that moment (multiple "people" buying/selling around the same price).

This is an interesting experiment that economists should write theses about: two markets trading the same commodity with very different fee structures, that generate very different volumes per trader and very different trading patterns.

Quote
Are they the ones that lead bitcoin price changes? I don't think so, I really think they are reactive to other bitcoin markets which involve more human transactions, even if it means that their bots have large and quick responses to subtle changes in the other exchanges making it appear although they lead the exchange price. Just IMO.

I believe that there is substantial human intervention in those markets.  For one thing, as I wrote many times before, Huobi's trade stops almost completely at night, and OKCoin's gets down to a steady background that is a small fraction of the daytime volume (and may be fake?).  Also one sees some resitance at round prices, which humans like but robots should not care about.  

Is that volume "weaker" in some sense, just because it is caused by the no-fee structure?  It seems an interesting question for the theses above...



Well personally if I were to write a bot I would most likely turn it off while I sleep in case there is some major market change that my bot responds to that I don't agree with. IE if the exchange were to undergo a process like mt gox did, or suddenly not allow fiat withdrawl etc. I would want to keep my btc, take it off the exchange and get a better rate elsewhere for example.

Also when programming humans tend to set if/then for/loops around even numbers, which may explain the seemingly human activity around whole numbers.

Edit: These are my thoughts, I have no evidence to support my claims other than anecdotal programming experience.
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