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121  Other / Beginners & Help / Re: BTC-E.com - Not Able to login! WARNING - They are not helping me! on: April 08, 2013, 09:37:20 PM
Still waiting on another email from support, but he made it seem like he was going to do something. I'm not jumping on a wagon to bash BTC-e, I love the place, I'm just upset years of savings are possibly just "gone". I will let you know what happens.
122  Other / Beginners & Help / Re: BTC-E.com - Not Able to login! WARNING - They are not helping me! on: April 08, 2013, 08:57:03 PM
A few years savings worth. Support just PM'ed me here.
123  Other / Beginners & Help / Re: BTC-E.com - Not Able to login! WARNING - They are not helping me! on: April 08, 2013, 08:51:20 PM
I still can't get in. I have a lot of savings in there. Its like they are avoiding my emails and PM's since a few hours ago....I'm like nauseous right now.
124  Other / Beginners & Help / Re: BTC-E.com - Not Able to login! WARNING - They are not helping me! on: April 08, 2013, 07:59:45 PM
Don't double post...People don't like that. Anyways, if I get a reply I'll let you know.

EDIT: If my money is up and gone, they owe me a new car. A nice car.
125  Other / Beginners & Help / Re: BTC-E.com - Not Able to login! WARNING - They are not helping me! on: April 08, 2013, 07:45:29 PM
Well he has a right to be upset..we aren't getting answers, sir. I have a decent amount of money in your exchange, and your policy on the website dictates if a government agency asks you that you will release information about trade, account access, users... I don't want it to get that far, I just want some support. My account had money in it, now who knows, and I can't login..We have a right to be upset.

EDIT: Also..you can reply here, and yield no information...But you can't get back to me through email or PM or anything? On btc-e.com all I get is email support@btc-e.com ...and I get nothing.

EDIT: Under your terms and conditions...

Privacy

BTC-e will not share, publish, or sell any user data contained in its databases. However, BTC-e may be requested at any time to share trade data including, but not restricted to, emails, user transactions, and trade data by government authorities. BTC-e will not deny such requests and cannot be held responsible for the leakage of information by third parties whether the action was performed intentionally or not. We are prohibited from using multiple accounts.
-----
So if you can't figure out how my account and money up and vanished, someone can.
126  Other / Beginners & Help / Re: BTC-E.com - Not Able to login! WARNING - They are not helping me! on: April 08, 2013, 07:06:06 PM
Emailed support@btc-e.com ...That is the email support told me to send a message too.
127  Other / Beginners & Help / Re: BTC-E.com - Not Able to login! WARNING - They are not helping me! on: April 08, 2013, 06:56:49 PM
I am having same problem. Support said talk to admin..I emailed, no reply yet. Started happening yesterday afternoon.
128  Other / Beginners & Help / Re: What makes the bitcoin price go up and down? on: February 26, 2013, 04:18:25 PM
The "price" of a bitcoin is exactly what someone somewhere is willing to pay for it, and someone else is willing to sell it for.

MtGox provides a place for people who want to buy bitcoins and people who want to sell bitcoins to find each other.

Example:

Albert has 100 BTC.  He needs to pay his electric bill and the electric company doesn't accept bitcoin as payment.  He decides to convert some of his bitcoin to USD.  Albert logs on to MtGox and creates a limit order offering to sell 10 of his bitcoin for $33.45 each.  He is not willing to sell the bitcoin for less than $33.45 because at any price less than that he'd rather just hold on to the bitcoin and pay his electric bill with other funds.

Bobby only has a two bitcoin that he purchased at $32.50 each.  He decides that he doesn't really want bitcoin anymore, but he doesn't want to take loss.  He logs on to MtGox and creates a limit order offering to sell his two bitcoin for $32.55 each.

Carl has just received his paycheck.  After paying his expenses he has $200 left over.  He decides to purchase bitcoin with this money.  He feels like the exchange rate might drop a bit and so to get them as cheap as possible, he transfers his money to MtGox and creates a limit order to purchase 6.25 BTC at $32 each.

David just received an inheritance of $10,000. He decides he'd like to hold the entire balance as bitcoin.  He has seen the exchange rate varying between $31.50 and $33.50 lately, and hopes he can get the entire balance at $31.50.  He creates a limit order at MtGox for 317.460317 BTC at $31.50 each.

Earl is in a hurry.  He just wants to buy something from SilkRoad right now, and he'll take whatever the current exchange rate is.  He needs $60 worth of bitcoin.  He transfers his $60 to MtGox and places a market order for $60 worth of bitcoin.  MtGox sees that the cheapest offer to sell bitcoin at their site at the moment is Bobby's offer of 2 bitcoin at $32.55 each.  MtGox transfers the $60 from Earl to Bobby and at the same time transfers 1.84331797 bitcoin from Bobby to Earl.

At this hypothetical moment the current bitcoin price is therefore $32.55, since that is the most recent exchange that has occurred.
Earl now has 1.84331797 BTC
Bobby now has $60 and 0.15668203 BTC still available to purchase at an exchange rate of $32.55 per bitcoin.

Now Albert suddenly realizes that he doesn't have enough other funds for his bill.  He needs $334.50 right away to pay the bill, and needs to sell the bitcoin quickly to get the necessary money.  Albert cancels his limit order and places a market order to sell $334.50 worth of bitcoin.  MtGox sees that the most expensive offer to buy bitcoin at their site at the moment is Carl's offer of 6.25 bitcoin at $32 each.  MtGox transfers $200 from Carl to Albert, and 6.25 bitcoin from Albert to Carl.  Since Albert still needs another $134.50 worth of bitcoin to fulfill his order, MtGox sees that the next highest offer is David's offer of 317.460317 BTC at $31.50 each.  MtGox transfers 4.26984127 BTC from Albert to David, and $134.50 from David to Albert.

At this hypothetical moment the current bitcoin price is therefore $31.50, since that is the most recent exchange that has occurred.
Albert now has the $334.50 that he needs, and still has 89.4801587 BTC remaining.
Carl has picked up the 6.25 bitcoin that he wanted, spending the $200 that he wanted to spend.
David has purchased 4.26984127 for $134.50, and still has a limit order out there waiting to be filled for another 313.190467 bitcoin at $31.50 each.


You'll notice that there are actually many "prices" for bitcoin.  There is the price that each individual is willing to buy or sell their bitcoin for.  Some of the more often quoted prices are the "current Ask", "current Bid" and "most recent exchange".

Prior to Earl coming along, the "Current Ask" was Bobby's $32.55 that he is asking to sell his bitcoin (the lowest price anyone is willing to sell for at that time).
The "Current Bid" was Carl's $32 bid to purchase bitcoin from anyone willing to sell that cheap (the highest anyone is willing to pay to buy at that time).


....Best explanation/reply
129  Other / Beginners & Help / Re: Why Would Someone Sell ASIC When They Can Make 100x More By Running Them? on: February 26, 2013, 04:15:06 PM
Also, making ASICs and mining with all of them would make the price of bitcoin possibly tank. If nobody has an ASIC but one entity, and they can't mine with their GPUs anymore or buy an ASIC, they will most likely stop mining and leave the economy. Either price drop, or people have to buy bitcoins from the only entity making craploads of them to participate in the market. Risky endeavor.
130  Other / Beginners & Help / Re: Bitcoin drop to $60 on: February 26, 2013, 04:12:14 PM
Using "Trends" to speculate future price is never a guarantee. People tried that with US Airways, it went bankrupt obviously. This is years ago, but still.
131  Other / Beginners & Help / Re: Is BITINSTANT down ? (Invalid Exchange) .. 2013 on: February 26, 2013, 04:10:23 PM
I thought the thread title was referring to certain exchange options being down..like when BTC-e runs out of reserves. Options will go away/return as exchanges reserves fluctuate.
132  Other / Beginners & Help / Re: Missed out on Ripple! on: February 26, 2013, 04:08:13 PM
No...but from what I hear, you can buy crack with bitcoins. (Joke..but seriously you can) . I'm not sure what to make of this ripple thing yet tho...I won't go through the trouble until it has a decently large/growing user-base.
133  Other / Beginners & Help / Re: why does everyone rushes to buy ASIC? on: February 26, 2013, 04:06:39 PM
The rush is due to return on investment. If you don't plan on mining alt coins, GPUs will be useless. If you want to mine bitcoins for a profit, you must pay off your hardware first. So, if you plan on mining bitcoins, the sooner you get an ASIC the better off you are. WIll be turning a profit more quickly.
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