Hello, I'm trading for months, but never did margin trading before and now I just want to understand how it works and what all the numbers mean. I made a bitfinex account, deposited some satoshis and start experimenting with very low amounts to understand first what I'm doing. A few days ago I was very sure the price was going to drop (a lot) so I figured I had to margin sell (mean selling of lended bitcoins right?) Now, after a few days this is the result:  Can someone help me with what all the numbers mean? These are my thoughts when I look at it: 1. same as number 2. 2. GOTO 1 3. That must be my great insight because it's green. Green means good. I could probably cash-in the 0,77 when I close my position, right? 4. Red means bad, but since it's zero it is good. 5. Don't know, but it is exactly point 2 and 3 combined. Since it's green it's probably good 6. Don't have a clue. 7. Some balance for additional trading, this number went higher when number 3 increased. 8. No clue 9. Probably the fee which is taken by bitfinex. I'm sorry for asking stupid questions, but I'm new to this. I just want to understand how it works and get filthy rich of it. Edit: Additional questions:  1. What I margin sold ,4000000 satoshis 2. Price when selling? 3. If market price goes above this my position is forced to close? 4. Profit! green = good! 5. Same as 4, but then percentage 6. Red = bad, but it's zero so it's good. 7. No idea. |
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lost 3 btc trying to daytrade  Thanks! You probably lost a few satoshis on me  but too bad no 3 BTC |
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Hold tight, another wave of dumping incoming!
Bye bye 353
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Guys, it's very simple really.
BTC price fluctuates, it slowly starts to draw a formation (a wedge for example), and eventually we have to exit this formation with either a breakout or a breakdown. The market has to decide then, so the sideways ends.
Forget about auctions, forget about other bullshit, the chart tells you everything you need to know (because all the bullshit is included in what the chart shows).
It's like this every time.
You are very right. But before you can read and understand the charts you have to get passed the point of believing news is defining the market first. Not everyone is willing to put the time into learning this, so they are defining the market as well. That's why there are rich people and there are poor people. Loosers buy the all time high. Winners buy the bottom. |
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Suggestion:
At the history segment it would be nice if bitcoin addresses are selectable so that I can copy paste it into my browser.
It would be even better if the address is hyperlinked to blockchain.info so that you can see directly what the status is.
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So you think we will retest $275?
Yes, for sure. My buy orders are waiting at that price level. |
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This thread can be removed.
I copied it to the trading subforum.
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lol srlsy? dump cause by china? again? and then news denied but eh, still dumping? wtf get your shit straight. it dumped because the price flatness asked for it. Yeah, sure. .... jesus .... But i'm happy, i take @ 350$ !!! thnx fudder Just a little patience and you can buy the same coins at $270 |
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Yeah, I thought bitcoin transaction takes only a few minutes.
This time I waited for 20 minutes for one confirmation.
Anyway, sorry for the delay again and hope you are OK with it.
I just saw you used the address for funding coinut account instead of 1FdwDuV2qgsw2w1Lza8nsea7L6mQxsc7g3. It's okay as soon as I'm able to (succesfully) withdraw. Have a nice sleep Withdrawal went through. Means OP is legit. Will defend him in a knife fight. Thanks for the payment. |
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Other participants please check your accounts. The following is the payment TX.
0c9e47543981263018edd5a6edabf40128d3962706885f7ac5f1587202d2a8c8
I'm having a problem with the withdrawal. I tried to send the .03 (which did show up in my Coinut account) to my wallet but it never went through. Now there is a zero balance on the Coinut account. I followed the TX and looked at all of the addresses which received .03 - and found the address associated with my account (because it shows the .005 I sent to make a transaction on the site) and the .03 looks like it never left. https://blockchain.info/address/18p8GKiYf5PmNCgyfyF8dJEWKJLAWgrs6NSo it looks like the weekly payout is still there but I see nothing on my balance when I log in. A little help understanding what happened would be appreciated. Thank you (and this post or others I make in this thread probably shouldn't count in my post total for the new week if the campaign is continuing). Go to top right "history" Select last three days and press submit. There your withdrawal request will be. OP is sleeping so processing will maybe take another few hours.  |
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Sorry that I was busy with upgrading the user interface of the site.
 1,5 hour have passed. Yeah, I thought bitcoin transaction takes only a few minutes. This time I waited for 20 minutes for one confirmation. Anyway, sorry for the delay again and hope you are OK with it. I just saw you used the address for funding coinut account instead of 1FdwDuV2qgsw2w1Lza8nsea7L6mQxsc7g3. It's okay as soon as I'm able to (succesfully) withdraw. Have a nice sleep |
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Sorry that I was busy with upgrading the user interface of the site.
1,5 hour have passed. Edit: I see you editted your post above with the transaction details, but mine is not included (1FdwDuV2qgsw2w1Lza8nsea7L6mQxsc7g3) . |
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mailmans, are you from Europe? According to http://www.website-down.com/, it seems the site is accessible to US and Asia but not to Europe users. I have no problem accessing the site from europe, I do have a problem with the payment though. OP is running late. He said he was going to pay "tomorrow", which is actually today (more than 24 hours since his statement) I see there are some posts counted in the enrollment document, but not all. I have, however, still good faith in OP since he has been helpful all along and I have a problem with thinking this is a scam since there is a sophisticated website behind it. You don't build that shit to only scam a few satoshis edit: everything is going to be fine, just talked to him on the chat at his website: |
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Here it's still working. No payment made to my account yet though... |
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Made my coinut account.
Please update, my coinut username : stellar69
Account is not enough, you must also minimally buy one contract. |
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Told you guys. We are heading much lower. I'm glad that finally I've made a trade again which is currently in profit.  330 here we come. |
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To both aliveonearth and findftp:
Blockchain.info has been somewhat improving their (formerly very lax) security as of late (make no mistake: this is a very welcome change!), so it's not surprising that the Python one-liner isn't working. The wallet format hasn't changed (not enough to affect btcrecover, but the defaults have changed enough to affect JtR). On the other hand they are being more strict about who(/what) can and can't download the encrypted wallet files.
If you already have a wallet.aes.json file, btcrecover will still work.
If you don't, getting the wallet.aes.json file might be more difficult (and may be impossible if you don't have access to the email address associated with the BC.i account).
I'll post back here once I have more info (probably not for a day or two though).
Thank you for your very helpful reply! Now I don't have to put time into it anymore knowing that it's useless |
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I had this thread referenced for future use because I liked the console method of extracting the aes.json file from blockhain.info. However, when I now try it, it doesn't work anymore. I'm almost sure it worked on the same machine I'm using right now (linux mint 17) But somehow, the command gives an error which I cannot solve. I spend the last 1,5 hour searching for a solution but I'm probably too stupid to solve it myself. Let's say I have other skills. However, I would like to have this problem fixed for future use. When I now use the command python -c "import urllib2,json;f=urllib2.urlopen('https://blockchain.info/wallet/9bb4c672-563e-4806-9012-a3e8f86a0eca?format=json');print json.loads(f.read())['payload']" > wallet.aes.json
I get a whole bunch of errors which I did not have when this thread started. The errors are: Traceback (most recent call last):
File "<string>", line 1, in <module>
File "/usr/lib/python2.7/urllib2.py", line 127, in urlopen
return _opener.open(url, data, timeout)
File "/usr/lib/python2.7/urllib2.py", line 410, in open
response = meth(req, response)
File "/usr/lib/python2.7/urllib2.py", line 523, in http_response
'http', request, response, code, msg, hdrs)
File "/usr/lib/python2.7/urllib2.py", line 448, in error
return self._call_chain(*args)
File "/usr/lib/python2.7/urllib2.py", line 382, in _call_chain
result = func(*args)
File "/usr/lib/python2.7/urllib2.py", line 531, in http_error_default
raise HTTPError(req.get_full_url(), code, msg, hdrs, fp)
urllib2.HTTPError: HTTP Error 500: Internal Server Error Is there someone who can help? I already tried to remove the single quote (') because I read somewhere that that might be the problem. But then I get: satoshi@NakaMoto ~ $ python -c "import urllib2,json;f=urllib2.urlopen(https://blockchain.info/wallet/9bb4c672-563e-4806-9012-a3e8f86a0eca?format=json);print json.loads(f.read())['payload']" > wallet.json.aes
File "<string>", line 1
import urllib2,json;f=urllib2.urlopen(https://blockchain.info/wallet/9bb4c672-563e-4806-9012-a3e8f86a0eca?format=json);print json.loads(f.read())['payload']
^
SyntaxError: invalid syntax
I also tried to reformat the command into python3 code which uses urllib.request instead of urllib2 but ran into a whole lot of other problems. I just don't get it why it used to work, but now not anymore. Probably some updated python library? |
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Otherwise, I'd recommend btcrecover (course I'm biased since I'm the dev of that one...).
I was able to get this going with some tinkering firstly I just got the wallet.json.aes data by plugging this into Firefox after changing the wallet ID https://blockchain.info/wallet/9bb4c672-563e-4806-9012-a3e8f86a0eca?format=jsonThe python orignal command just created an empty file. What came back didn't work right away with btcrecover. It was looking for a version tag in the json. not sure if blockchaing has changed the format again ? I commented out the btcrecover code to read in only the json data in payload into the data. The script then ran for about an hour but no luck. Not sure if this is a workable approach. ? Create a new blockchain account with a new password. Repeat the steps you did again See if you can crack the wallet with this new known password. If it takes too long, make your wordlist easier. (or just put the known new password there right away) Just to check if your setup works. For some reason the python script doesn't work for me anymore (on my current laptop) urllib2 is not recognized and urllib3 gives a problem as well. |
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But how is he going to decide who is the poorest people on earth?
Wallets with the smallest amounts inside.  Let's make 1 million wallets with 1 satoshi |
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