zimmah
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Merit: 1005
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June 02, 2014, 11:46:04 AM |
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Time to test 605$?? Nah, 620 is good enough I guess. Even though I wouldn't mind if the rush was stalled for a few days, so I can invest a little bit more fiat.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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zimmah
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Activity: 1106
Merit: 1005
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June 02, 2014, 11:48:04 AM |
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I need to post some trains images as without them price wont go up ...
Is this about enough trains?
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smiley123
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Activity: 101
Merit: 10
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June 02, 2014, 11:51:07 AM |
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Anybody get a circle.com invite yet?
From my understanding, you have to go to their website to request an invite, and I made such an invitation request about a week ago.
However, I have received No invite from them, so far.
I would also be curious whether anyone has used their service(s) to purchase and/or sell bitcoin, yet.
I requested and no invite. Several days ago there was a blog post on their site answering questions and it seems the #1 question was, where is my invite? The following is part of their answer. We are not in general release whatsoever.
Making this worse from a Bitcoin pro’s perspective: The product is designed for casual consumers, so the initial invites have gone to those sorts of profiles rather than those who already breathe ECDSA crypto and the like. We’ll certainly expand, as we need the harsh feedback of the pro Bitcoiners just as well, but we will not expand quickly enough to please everyone.Profiles? My "profile" consisted of my name and email address. The answer seems to be that we are still in the hype phase and that their answer is bullshit. Thanks. Their answer seems a bit strange to be attempting to expand into a certain kind of user based on their invitation request. Probably, they fear that people will over use their site if they expand very quickly at all - b/c zero fees will create a trading incentive (like what goes on in china). Zero fees seems to good to be true. I agree that zero fees seems too good to be true. One thing I noticed in their demo youtube is that when making a deposit it lists both a circle fee and a bank fee, but they are both set to FREE. This might indicate that the coding to handle fees is already there, so they can easily add the fees in the future.
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Parazyd
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June 02, 2014, 11:51:33 AM |
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The more, the merrier! Bitstamp's holding well, hope it keeps at this, or maybe better. Truth is, nobody knows what anyone's doing these days. It's all bots and the Chinese.
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fonzie
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June 02, 2014, 11:56:37 AM |
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The more, the merrier! Bitstamp's holding well, hope it keeps at this, or maybe better. Truth is, nobody knows what anyone's doing these days. It's all bots and the Chinese. Pumping bots and leading fake(money) exchanges with blocked bank accounts.... it´s not like we didn´t have that before... Bitcoins future truly looks right Maybe some Huobibux will ride this train a little bit higher, before everything crashes suddenly within a minute. Good luck!
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2014, 12:00:21 PM |
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akujin
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June 02, 2014, 12:02:42 PM |
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Nice! New low for huobi today
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BitchicksHusband
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June 02, 2014, 12:13:58 PM |
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Anybody get a circle.com invite yet?
From my understanding, you have to go to their website to request an invite, and I made such an invitation request about a week ago.
However, I have received No invite from them, so far.
I would also be curious whether anyone has used their service(s) to purchase and/or sell bitcoin, yet.
I requested and no invite. Several days ago there was a blog post on their site answering questions and it seems the #1 question was, where is my invite? The following is part of their answer. We are not in general release whatsoever.
Making this worse from a Bitcoin pro’s perspective: The product is designed for casual consumers, so the initial invites have gone to those sorts of profiles rather than those who already breathe ECDSA crypto and the like. We’ll certainly expand, as we need the harsh feedback of the pro Bitcoiners just as well, but we will not expand quickly enough to please everyone.Profiles? My "profile" consisted of my name and email address. The answer seems to be that we are still in the hype phase and that their answer is bullshit. Thanks. Their answer seems a bit strange to be attempting to expand into a certain kind of user based on their invitation request. Probably, they fear that people will over use their site if they expand very quickly at all - b/c zero fees will create a trading incentive (like what goes on in china). Zero fees seems to good to be true. I agree that zero fees seems too good to be true. One thing I noticed in their demo youtube is that when making a deposit it lists both a circle fee and a bank fee, but they are both set to FREE. This might indicate that the coding to handle fees is already there, so they can easily add the fees in the future. Circle told me that I am approved for an invite and that they will be contacting me shortly. I'll let you know when it happens.
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BTCtrader71
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June 02, 2014, 12:47:00 PM |
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and the swap is back. he buys up 100k of swap; offers swap at high rates. closes what he borrowed after a few minutes.
Care to elaborate? The theory is that a mysterious someone on bfx with lots of BTC took up all the USD swap offers so that he could sell a bunch of BTC and crash the market, and the market would be unable to bounce back up. Then it would drift down a little more because there would be nothing to prohibit the panic sellers from selling. For a few minutes, that is. At which time he would buy back a bunch of btc. And then release the swap offers, which would allow other traders to borrow USD and send the market drifting back up. If my theory is true, I would expect it to drift back up slowly (slower than the crash from 680 to 620 or wherever), on low volume. So far that's what it is doing. Currently at 645 of bfx. After thinking about it overnight, I think my initial explanation maybe was wrong, and the true explanation was perhaps a much less nefarious one. The flash crash could have been for whatever ("natural") reason (external to bitfinex), and the disappearance of the USD swaps could have been the result of limit purchase orders that got triggered by the price drop. I don't know why I didn't think of that before. (Probably because, despite my handle, I'm not actually a day trader. )
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2014, 01:00:27 PM |
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dreamspark
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June 02, 2014, 01:08:54 PM |
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Support seems to be drying up, can definitely see this testing $600 today.
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Parazyd
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June 02, 2014, 01:11:41 PM |
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Time to dump some. Fiat.
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podyx
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Activity: 2338
Merit: 1035
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June 02, 2014, 01:16:14 PM |
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I think we could see consolidation here around 610-650 for the whole fucking month
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akujin
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June 02, 2014, 01:16:59 PM |
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Timmmaahh
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Activity: 98
Merit: 10
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June 02, 2014, 01:31:38 PM |
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bitstamp has an incredible volume :O
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Parazyd
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June 02, 2014, 01:33:43 PM |
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Weee! I made the price go up $3 bitstamp has an incredible volume :O
Yeah, it went up like 10k from yesterday. Also, you guys who were afraid of Bitstamp, they're loaded! Dear Bitstamp clients, To reassure clients, Bitstamp regularly performs a procedure to prove its BTC reserves. On May 24th, 2014, Mike Hearn of Vinumeris GmbH, bitcoin core developer and prominent member of bitcoin community observed Bitstamps proof of reserves procedure. Reserves were proven by conducting a Bitcoin send-to-self transfer. Details of the procedure are provided in the PDF linked here: https://www.bitstamp.net/s/documents/Bitstamp_proof_of_reserves_statement.pdfIn summary, Bitstamp held 183,497 BTC its cold wallet fully covering both the clients funds held at Bitstamp and the clients funds on the Ripple network. Additionally, a financial statement audit is in progress. Best regards, Bitstamp team
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MICRO
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Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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June 02, 2014, 01:42:14 PM |
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Time to dump some. Fiat. Smart man, NOW is the time to buy buy and guess what BUY ! . I wish i have some fiat to buy with ... LOL
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ihaveaquestion
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June 02, 2014, 01:52:12 PM |
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Weee! I made the price go up $3 bitstamp has an incredible volume :O
Yeah, it went up like 10k from yesterday. Also, you guys who were afraid of Bitstamp, they're loaded! Dear Bitstamp clients, To reassure clients, Bitstamp regularly performs a procedure to prove its BTC reserves. On May 24th, 2014, Mike Hearn of Vinumeris GmbH, bitcoin core developer and prominent member of bitcoin community observed Bitstamps proof of reserves procedure. Reserves were proven by conducting a Bitcoin send-to-self transfer. Details of the procedure are provided in the PDF linked here: https://www.bitstamp.net/s/documents/Bitstamp_proof_of_reserves_statement.pdfIn summary, Bitstamp held 183,497 BTC its cold wallet fully covering both the clients funds held at Bitstamp and the clients funds on the Ripple network. Additionally, a financial statement audit is in progress. Best regards, Bitstamp team That proves nothing about their solvency in fiat. Besides Mike Hearn did say on reddit that it also proves they have only one very big address which is not even multi signatures and that they reused multiple times and this involves many risks with one single point of failure. But you know, as many traders chose MtGox because of the volume, these people now trade on Bitstamp. You can rely on their judgement, no reason to be afraid at all... if you can trace on the blockchain every single satoshi you sent to them if for some reason you would like to make some withdrawals from this site. But don't worry, if you loose everything by daytrading you should not have any problem with them.
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2014, 02:00:26 PM |
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rafamadeira
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Merit: 10
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June 02, 2014, 02:07:53 PM |
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GOOD MORNING!! RISE AND SHINE! +0.95 BTC life goes on..
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