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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Frozenlock
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May 08, 2013, 02:11:49 AM |
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The lag enables you to remove your walls in time.  |
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humanitee
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May 08, 2013, 02:36:38 AM |
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Anyone know where I can get the complete historic price data of Gox in USD? I was using BitcoinCharts but they don't allow you to specify beginning times at the moment.
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fourkey2001
Newbie
 Offline
Activity: 42
Merit: 0
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May 08, 2013, 02:47:44 AM |
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The bubble leaked out some air... and now is growing again.... and what i suspect is a big burst... cheers
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1024
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May 08, 2013, 02:48:09 AM |
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Anyone know where I can get the complete historic price data of Gox in USD? I was using BitcoinCharts but they don't allow you to specify beginning times at the moment.
You can use Mt.Gox own API. Works for all time. https://data.mtgox.com/api/2/BTCUSD/money/trades/fetch?since=1 [18.07.2010] https://data.mtgox.com/api/2/BTCUSD/money/trades/fetch?since=1309108565842636 [26.06.2011] The first 200,000+ trades used sequential integers for their tid values, up to 218868. After this, unix microstamps are used instead, starting with 1309108565842636.
To obtain all data, first fetch trades since 0, then feed in the last tid from the data you just fetched to get the next block of data. Repeat this process up until current data (note, make sure to limit your requests, e.g. 10 every 10 seconds, to avoid being blocked by the anti-DDoS filters)
The above method will work seamlessly across the tid transition
The primary field specifies whether the trade was originally ordered in the given currency - since trades may appear on multiple tickers, you may need to ignore trades with primary: 'N' values
As noted above, since gives the tid after which to obtain trades, so for example, passing since=10 will return trade data starting with the trade whose tid is 11. https://bitbucket.org/nitrous/mtgox-api/overview#markdown-header-moneytradesfetch |
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humanitee
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May 08, 2013, 02:50:07 AM |
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Stuff I wasn't aware of.
Thanks man! |
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True___Blue
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May 08, 2013, 02:56:45 AM |
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Well, I aim for 3% increase in BTC volume per day, so since I have just bought the BTC at $112.5, it's not worth cutting my losses at $110, as it will take longer to recover them. Anyway, the downward trend seems to have lost momentum, and is turning back upwards. I'm trying to make my initial buy-in of 6.2 bitcoins* into enough to quit work - I'm at 16.7 now, after 2.5 weeks, so eventually I will manage it - if only I can purchase and sell at the right time for once. I'd rather take my time, and tread carefully. I have slipped back too many times this week (I had 22.5 BTC at one point, then held cash due to a badly timed sell, as it shot up on the 3rd while I was asleep. I tried to recover by buying in late, just as it peaked again - I lost about $500 that day)  The thing is, I have very limited resources, and I really don't think it will drop much below $110 again any time soon, so I'd rather not risk it. * I bought those (literally) 15 minutes before it plunged from $250.... I hear ya man. I bought in with 5 btc at 183. Then I was in denial the entire time it plunged and didn't sell. |
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wobber
Legendary
Offline
Activity: 1064
Merit: 1001
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May 08, 2013, 03:03:19 AM |
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Well, I aim for 3% increase in BTC volume per day, so since I have just bought the BTC at $112.5, it's not worth cutting my losses at $110, as it will take longer to recover them. Anyway, the downward trend seems to have lost momentum, and is turning back upwards. I'm trying to make my initial buy-in of 6.2 bitcoins* into enough to quit work - I'm at 16.7 now, after 2.5 weeks, so eventually I will manage it - if only I can purchase and sell at the right time for once. I'd rather take my time, and tread carefully. I have slipped back too many times this week (I had 22.5 BTC at one point, then held cash due to a badly timed sell, as it shot up on the 3rd while I was asleep. I tried to recover by buying in late, just as it peaked again - I lost about $500 that day) The thing is, I have very limited resources, and I really don't think it will drop much below $110 again any time soon, so I'd rather not risk it. * I bought those (literally) 15 minutes before it plunged from $250.... I hear ya man. I bought in with 5 btc at 183. Then I was in denial the entire time it plunged and didn't sell. Don't sell. Put them away for 1 year. |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 08, 2013, 03:07:14 AM |
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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May 08, 2013, 03:13:25 AM |
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The lag is pretty silly, I don't know wy Mt.Gox puts up with people putting up bids of 0.01 @ 0.01 and then removes them, it's obvious spam to lag the server, they should at least throttle bids and asks that are far outside the range of current spot.
Please feel welcome to add to this: https://bitcointalk.org/index.php?topic=174526.0 |
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fourkey2001
Newbie
Offline
Activity: 42
Merit: 0
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May 08, 2013, 03:49:10 AM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 08, 2013, 03:57:57 AM |
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If you recently sold your bitcoins thinking the crash would make everyone lose confidence and this would allow you to buy back cheaper. ( like in 2011 ), i can assure you your coins are in stronger hands, strong enough not to sell on a hunch.
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fourkey2001
Newbie
Offline
Activity: 42
Merit: 0
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May 08, 2013, 04:02:38 AM |
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lol... be ready for what u voted for 0-20  ) |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 08, 2013, 04:07:37 AM |
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oroboras
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May 08, 2013, 04:23:54 AM |
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Can someone eat through that 500 *mobile* wall currently at 113.66 please?
I'd like a drop of $1 to buy in now, thanks.
I need to sleep and can't until I have my BTC.
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cctvtech
Newbie
Offline
Activity: 38
Merit: 0
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May 08, 2013, 04:24:35 AM |
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Can someone eat through that 500 *mobile* wall currently at 113.66 please?
I'd like a drop of $1 to buy in now, thanks.
I need to sleep and can't until I have my BTC.
agreed |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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May 08, 2013, 04:35:27 AM |
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What. Out of all possibilities a few hours ago, this one seemed the most unlikely.
It is called a "cup-and-handle". It is a very bullish formation. I will be able to post a summary of my trades in Gox in 5.-7. May to this thread if it is deemed to be orderly, and there is at least some public demand. I am quite satisfied with the outcome, and would like the others to learn the secrets as well. Please don't contact me personally if you are not willing and/or able to pay my consulting fee of 10,000m BTC/hour, prepaid in the increments of 15 minutes. |
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kooke
Sr. Member
Offline
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
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May 08, 2013, 04:41:54 AM |
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What. Out of all possibilities a few hours ago, this one seemed the most unlikely.
It is called a "cup-and-handle". It is a very bullish formation. I will be able to post a summary of my trades in Gox in 5.-7. May to this thread if it is deemed to be orderly, and there is at least some public demand. I am quite satisfied with the outcome, and would like the others to learn the secrets as well. Please don't contact me personally if you are not willing and/or able to pay my consulting fee of 10,000m BTC/hour, prepaid in the increments of 15 minutes. Take my 10,000mbtc and sell me that snake oil already  lol, you are too funny man |
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