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Author Topic: Whitelist Requests (Want out of here?)  (Read 427483 times)
damiank
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April 10, 2013, 01:16:35 AM
 #4561

Please let me out of here.

I'm a bitcoin trading software developer who's just finished the mtgox api, has some questions on the socketio websockets interface. 

More than anything, I just wrapped up the BTC-E API as well ,and I went to test today only to discover that getting USD into BTC-E is a ROYAL PIA!!!

I tried Bitinstant, the link doesn't work.

Setup everything at OKPay, only to find out that funding OKPay is a nightmare.

Is there some secret to funding BTC-E (using USD/EURO)?

Why don't they take bank wires?  Why does each payment company require you to use a 100 other payment companies so that when the money finally gets deposited you have $0.00.?
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rothschild_666
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April 10, 2013, 03:42:34 AM
 #4562

Hallo.  Can you let me out of the jail?  I would like to post a topic in the Economics section about exchanges and solvency.

Page the 1 stated newbies can post something that demonstrates attainment of more knowledge than an average newb.  Last week one of my college buddies sent me an email seeking information about BitCoins and whether he should buy them.  I penned this quick response which I think demonstrates this:

Quote
Hey ***,

It's good to hear from you bud.  I'm glad everything is going well.  I think the last time we spoke you were looking for a job over in Europe?  That had to be maddening.  I've been doing alright, still living in Philadelphia and trying to save a couple dollars.

Bitcoins are finally getting attention in the mainstream media.  I heard a story on NPR this morning about them.  I'll say, their ascent to $100+ dollars has been pretty amazing, if a bit ridiculous and/or irrationally exuberant.  I'm of the opinion that these growth numbers that we have seen through 2013 are not the best thing for a few reasons, which include "Tulip Mania," viability as an alternative currency, FX stability and confidence in the currency.

It's difficult to pin this huge move higher on any single event or cause; the timing of these events leaves a lot of room for speculation.  There are a couple theories:
The Block Reward was halved - In late 2012 the reward for 'mining' a block of coins was halved from 50 to 25, or read another way, the difficulty of mining doubled.  So, all things staying the same (like the number of miners), fewer coins are being generated and it's harder to mine them.  When you hear the term 'mining' coins, it just means people running computers that are hashing huge numbers within the BitCoin distributed protocol to verify these very complex mathematical proofs that are the basis for BitCoins.  Whoever discovers the answer to the proof first is awarded BitCoins.  There are issues with this theory that are purely time based, since the reward was halved in November and the rise is occurring now.  I conjecture it's similar to the lag we see with monetary policy, where you see the effects of Fed funds rate 12-18 months later.  See: http://bitcoinmagazine.com/block-reward-halving-a-guide/
Eurozone/Capital Controls - The stories I have read lately about the rise in value all seem to point to Cyprus' citizens buying coin like crazy, but the climb to $100 started in the middle of January way before Cyprus, albeit the move higher gained much more momentum since.  Cyprus was a catalyst that sped up a process that was already in motion; specifically, the Troika's decision to float the idea that insured depositors' money could be used to fund bailing out insolvent banks and to completely disregard the traditional capital structure of a bank's liabilities.  Then followed the capital controls (ATM withdrawl limits, suspension of bank transfers) to ensure that no bank runs would ensue.  Spain, Portugal, Ireland, Italy and a host of other European countries could still potentially need 100s of billions of Euros to recapitalize the respective banking sectors.  The spectre of deposit appropriation by the state and capital controls looms on the horizon, and demand from Europe could be the source of this rise.  There are some issues with this theory: not many basic goods can be procured by paying with BitCoins, a relatively steep learning curve, convertibility issues.  Then again, people might just be buying them to protect their Euro holdings, however slow convertibility might be.  I'm curious about the Media in Europe.  An analysis of news stories and BitCoin references could prove very insightful here.
SatoshiDice/BitCoin gambling - People love to gamble.  Strangely enough, this is considered a denial of service attack on the BitCoin protocol, since it's flooding.  See: http://satoshidice.com/ and http://arstechnica.com/tech-policy/2013/01/bitcoin-based-gambling-to-expand-in-2013/ and http://arstechnica.com/business/2012/06/porn-gambling-and-malware-bitcoin-as-the-nets-wild-west/
Hedge Funds - Go figure.  They could be either buying them or mining them.  They have the technical know-how AND the money to setup a serious mining operation, however all mining would do is increase the difficulty of mining for everyone else. 
Hoarding - People are hoarding BitCoins and the price is being bid up.  This could end badly when one of the bigger prisoners decides to talk.
Silk Road - Anonymous marketplace on line where people can buy drugs using BitCoins.  I doubt this is the reason, since it's been known about for a pretty long time and Gawker wrote about it like 18 months ago.
I know that's a lot to digest, but there are many moving parts and virtually zero transparency or analysis in the traditional sense. 

Should I buy BitCoins right now?  I wonder the same thing but I err on the side of caution, since one would be buying on the way up.  I find it very disconcerting that there cannot be a bubble because we're talking about "BitCoin" and cryptocurrency.  There have been other crashes in the value, most notable in 2 years ago.  Since 3-3-13 there has been an increase in USD value of 263%.  Annualized, that's 3199%!  Tulip mania.  It's going to pop; getting the timing right is the hard part.

I figure there are two options: speculate with the money in BitCoins, or invest the money in mining equipment, which has recently reached new levels of productivity.  If you can stand losing the money (possibly overnight), then invest/speculate with it.  Be aware Mt Gox has limits on deposits, withdrawals per day and per month, and there have been new developments on regulation and how exchanges need to track transactions, see: http://www.techdirt.com/articles/20130325/03034522451/feds-take-step-closer-to-trying-to-regulate-bitcoin.shtml

Mining is a different story, and a new realm of equipment is starting to hit the market with incredible power.  The computational time needed these days to mine a block of coins is immense and the new specialty hardware hitting the market is amazing.  Miners first used CPUs, then moved to GPUs (high end graphics cards) and clusters of GPUs, and then to field programmable gate arrays (a long winded way of saying specialty chip boards that use very little power and can crunch numbers insanely fast) and now we are into application-specific integrated circuits (ASICs), which are engineered  and designed specifically to mine BitCoins.  They are the future of mining.  See, http://www.butterflylabs.com/.  Mining is not a free lunch.  It's requires a capital investment, power is not free, you need to cool these things, and you need a big internet pipe (for instance I don't think most consumer grade internet subscriptions would be maxed out and you'd be leaving computing power on the table), along with a bunch of other considerations, like what do you do if the custom equipment breaks.  Also, there appears to be a severe shortage of ASIC stuff right now. 

I like the mining idea better since your upfront costs are fixed and you can measure your electricity costs.  Also, it just seems way cooler than being a speculator.  You are a miner!

Below is a list of additional informative links I cobbled together:
https://news.ycombinator.com/item?id=5486111     <--really good
https://medium.com/money-banking/2b5ef79482cb   <--really good
http://seekingalpha.com/instablog/7761841-patrik-korda/1616371-bitcoin-bubble-2-0   <--good
https://bitcointalk.org/index.php?topic=126739.0
https://bitcointalk.org/index.php?topic=159556.0
https://bitcointalk.org/index.php?topic=160221.0
https://bitcointalk.org/index.php?board=44.0
http://bitcoin.clarkmoody.com/
https://en.bitcoin.it/wiki/Mining
https://bitcointalk.org/index.php?topic=92423.0

Hopefully that was somewhat helpful; I know it's a lot but we're out on the frontier of technology and society.  Whatever you do, take the time to learn and perform your due diligence about how everything works, from the different types of wallets you can use to store BitCoins, to the block chain, to how transactions are verified, to the different methods of buying BitCoins, etc etc etc.  It's a complicated and diverse eco-system.

Anyway breu, we gotta get up on things.

CC'd *** on this. 

Regards,

***
AchDuidn
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April 10, 2013, 03:51:50 AM
 #4563

Bump
Idalon
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April 10, 2013, 04:01:50 AM
 #4564

Worth a shot  Grin

https://bitcointalk.org/index.php?topic=171167.0
hyh
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April 10, 2013, 04:33:39 AM
 #4565

Hello,

I'd also like to be allowed in the forums. I'm not a spammer, I'm mostly interested in the cryptography of bitcoin, while I don't hold any BTC right now. (see: http://bitcoin.stackexchange.com/users/3775/hyh).

hyh

BTC: 1XGKpTag3kNJeeFtsnTYs6TfvWvgG2DtR

XRP: rno91tGDJeRcnM7EMXj8KG9UTyxRGMMz8s
Lore
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April 10, 2013, 04:37:12 AM
 #4566

I'd love to be white listed but I'm having fun reading the newbie forum section!

1GyibYwhgS9tT5snBBv8XpUYuEMx39E5uq
overclock
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April 10, 2013, 05:07:21 AM
 #4567

I am an overclocker who has enjoyed mining bitcoins in the early days. I have mined off and on since 2010. Please allow me to post in other areas of the forum.

Thanks very much Smiley
Crazydome8O
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April 10, 2013, 05:30:40 AM
 #4568

I am an overclocker who has enjoyed mining bitcoins in the early days. I have mined off and on since 2010. Please allow me to post in other areas of the forum.

Thanks very much Smiley

id overcklock often also
hobbes
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April 10, 2013, 07:55:34 AM
 #4569

I want a proper avatar image!


Rahazan
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April 10, 2013, 08:52:34 AM
 #4570

I am in the process of creating a powershell script for https://bitcointalk.org/index.php?topic=85495.120 (last request).
It is nearing completion, unfortunately I can not post there yet as I do not meet the requirements to get out of this newbie subforum yet.

Proof: http://pastie.org/private/amokvnijthxeomdhdpvnja
serge79
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April 10, 2013, 09:42:41 AM
 #4571

Please whitelist me.

I downloaded litecoin client a week ago, registered to litecoin poll "NOTROLL.IN"

yesterday the owner, Nicksasa, stole 20% of every of his users balance account.

Luckier people had withdrawn the day before. The ones who didnt withdraw are now screwed and their funds magically disappeared. Nicksasa found 5 minutes to log in and post an explanation: "I made an error and overpayed all miners for 14 hours more than I should and since some people already withdraw some funds I just stole 20% of every account, I dont care if you weren't mining at all on those 14 hours, I dont care at all if in your balance there are funds from a week or a month of work, it's mine now."

I need to post these info to the technical support, not here where most of people cant read it.
mattz0r
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April 10, 2013, 10:14:21 AM
 #4572

I would very much appreciate being able to post in my pool's threads >_>
fmk63
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April 10, 2013, 10:37:57 AM
 #4573

Hello,

I'm back after a long absence to this forum, and even though I have a few old posts cannot reply now. Please whitelist me!

Thanks
achilles78
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April 10, 2013, 10:50:17 AM
 #4574

Request for Whitelist pls.
i need ask some questions.
Gogobs
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April 10, 2013, 11:01:04 AM
 #4575

Hey guys,

I've registered yesterday .. posted 5 times, but for this total time logged - the time moves really slow .. I'm browsing this forum from yesterday it still it shows under 4 hours and I need to post in the GUIMiner-script thread because I have problem and can't run it to mining and it's supposed here to be the support forum and I can't post for days lol
So please whitelist me or if someone can post my thread at the GUIMiner-script thread

Thanks
Traubert
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April 10, 2013, 11:47:13 AM
 #4576

I've been into bitcoin for quite a while (this account is from Dec '11), but haven't been posting on the forum, though I've read it quite a bit. I'm also Traubert on Reddit, where I've been moderately active in /r/bitcoin. I've made a couple of trades in #bitcoin-otc and am in the web of trust there. I've appeared on Finnish radio to discuss bitcoin (proof available on demand). I'd like to be whitelisted to I can claim free ripples on the ripple giveaway thread.
BitcoinMillionaire
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April 10, 2013, 12:18:31 PM
 #4577

Requesting a whitelist. I don;t want to wait the 4 hours. I have some news to tell people. I recently realised I was a millionaire as I bought 5k coins a year or so ago and only just checked prices.

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PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
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Dâniel Fraga
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April 10, 2013, 01:38:24 PM
 #4578

I'd like to be whitelisted since I already followed the rules, posted 5 messages and used the forum for more than 4 hours. Thank you.

damiank
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April 10, 2013, 01:43:36 PM
 #4579

It's been 2 days now, I've done the posts, I really need to keep developing.  I'm at a standstill right now because I really need to ask a question or two about the MTGox api undocumented commands.

Precisely, I need to know if the filter_min_value and filter_max_value on the depth API do anything....

They are not documented, and I've tried setting them in POST, but, they are ignored.  Do I need to encode the POST in JSON, and set the "value" tag? 

If so, how come none of the other API commands require a JSON string.  Also,

Is there ANY other way to get bid/ask info without downloading the entire large market depth?  When requesting more than once per minute, I'm getting blocked by MTGox.   You would think there would be a simple way to just get bid/ask info so one could place effective limit orders.  When placing a limit order, it's imperative to have the proper bid/ask.  There must be a way to get this information without downloading the entire bid./ask table...

D
pajak666
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April 10, 2013, 02:48:08 PM
 #4580

Is proven mining on mulptiple GPU's and ordering avalon batch#3 enough, investing in pyramining also?
Played litecoin kamikaze few times, made several trades for almost year on btc-e and vircurex.
Lol I've also shortened pins on my 1x riser, am I still a newbie?
I survived fork incident!
Please whitelist me!
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