bitcoin44me
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Activity: 252
Merit: 100
MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
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September 30, 2013, 03:16:09 PM |
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Ok, thank you  |
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bidji29
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September 30, 2013, 04:49:27 PM |
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With the shutting down of BTCTC... I pulled out of cryptostocks because... well, I am afraid the same may happen to their site too.
What makes this site any different... to where I don't have to worry about stupid regulations forcing the site down?
There is no FIAT on mcxNOW, and never will be. |
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rlh
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September 30, 2013, 05:03:55 PM |
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The exchange has been running on hosted servers located in Texas, USA. Theoretically, if the US govment found out about this site and felt it was worth their time, they could have potentially pulled the plug.
However, a.) that's highly unlikely, b.) they would have to coordinate that with the hosting company, c.) RS has data back-ups so he could fairly easily have the site up and running with another host, in a reasonable amount of time and, e.)
Last I heard, he's picked up some beefed up servers to run the site, probably out of his own basement. Knowing that RealSolid is quite fond of proxying all communication with his projects, I imagine the best the Fed (or any government could do) is shut down a proxy. This is fairly easy to update and replace.
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A Personal Quote on BTT from 2011:
"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00. Otherwise I'll just have to live with my 5 BTC and be happy. :/" ...sigh. If only I knew.
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nobbynobbynoob
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September 30, 2013, 07:21:11 PM |
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And, AIUI, RS is an Aussie and the Australian government these days is more concerned with destroying the Great Barrier Reef and propping up the mining corporations belonging to Tony Abbott's mates than faffing about with some obscure website that doesn't even handle what the sheeple call "real money".
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QuantPlus
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September 30, 2013, 08:48:03 PM |
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BTC only give you BTC interest
LTC only give you LTC interest
Etc..
mcxFEE give you dividend on all coins traded on the exchange.
Where can you see how much btc you made from mcxFEE share? You actually get a better return on BTC deposits (about 7-8% annualized)... Right now the mcxFEE shares are for experienced traders. The US Government has very limited resources (FINCEN = 300 people)... It's really the SEC and CFTC that would have jurisdiction over "commodity" exchanges... But they have more serious business than tiny crypto-exchanges. BUT IF a multi-million $$$ FRAUD was committed it becomes criminal... And 99% chance Principals are extradited to face trial in Texas... And you DEFINITELY do not want to go on trial in Texas. It would probably take 48 hours... For a US Prosecutor to have a complete RS file on his desk... So much for being "anonymous" on the internet in 2013. |
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lophie
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October 01, 2013, 12:13:15 AM |
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Guys I am now in love with this exchange <3, the interest idea, the shaes idea, the system itself!
So does anyone here knows where to find a proper working documentation of the api? I tried the example they gave and it gave me a response like the site is under maintenance :S. Also it got me a little confused I was looking for how to cancel an order I made but it is no place to be found.
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Will take me a while to climb up again, But where is a will, there is a way...
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wmikrut
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October 01, 2013, 12:37:05 AM |
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The exchange has been running on hosted servers located in Texas, USA. Theoretically, if the US govment found out about this site and felt it was worth their time, they could have potentially pulled the plug.
However, a.) that's highly unlikely, b.) they would have to coordinate that with the hosting company, c.) RS has data back-ups so he could fairly easily have the site up and running with another host, in a reasonable amount of time and, e.)
Last I heard, he's picked up some beefed up servers to run the site, probably out of his own basement. Knowing that RealSolid is quite fond of proxying all communication with his projects, I imagine the best the Fed (or any government could do) is shut down a proxy. This is fairly easy to update and replace.
Good to know... not that I want to be a nay-sayer. Burnside didn't accept fiat either -- but the sites still shut down. To regulations? Who knows for sure. It's nice to know there is some though behind the process and the 'what if' scenario has been considered. Thank you! |
I will NEVER ask for any kind of funds up front in a buy/sale of anything on bitcointalk.
BM-2cTFihJKmSwusMAoYuUHPvpx56Jozv64KK
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QuantPlus
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October 01, 2013, 02:47:10 AM |
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There's an offer of 828 shares at 0.835...
That would be 16% of the float if it was part of the 5000 IPO.
Which seems very unlikely.
So are insiders selling at these prices... and increasing the float?
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Dâniel Fraga
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October 01, 2013, 04:25:04 AM |
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There's an offer of 828 shares at 0.835...
That would be 16% of the float if it was part of the 5000 IPO.
Which seems very unlikely.
So are insiders selling at these prices... and increasing the float?
It probably was from "davidpate" (see in the rich list). |
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QuantPlus
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October 01, 2013, 12:17:52 PM |
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There's an offer of 828 shares at 0.835...
That would be 16% of the float if it was part of the 5000 IPO.
Which seems very unlikely.
So are insiders selling at these prices... and increasing the float?
It probably was from "davidpate" (see in the rich list). OK, thanks = it's really just an $80,000 position... Tiny by NYSE standards. I don't think he's actually getting out... More like trying to cap the price to create a trading range... Which is good for every scalper out there. He must be doing > 10% of total volume... Generally, it's trivial to do 3-4% of the volume of an illiquid stock... I'm doing close to 2% and not even trying (yet). |
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lophie
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October 02, 2013, 12:52:07 AM |
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https://mcxnow.com/orders?cur=btc, not working............ Guys I am a developer here and wants to make great stuff and bots for MCX.......... any one knows when this API will be working and hopefully well documented than just 3 commands :S
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Will take me a while to climb up again, But where is a will, there is a way...
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QuantPlus
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October 02, 2013, 02:15:27 AM
Last edit: October 02, 2013, 11:58:30 AM by QuantPlus |
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QuantPlus
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October 02, 2013, 02:43:54 AM |
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There's an offer of 828 shares at 0.835...
That would be 16% of the float if it was part of the 5000 IPO.
Which seems very unlikely.
So are insiders selling at these prices... and increasing the float?
It probably was from "davidpate" (see in the rich list). Actually, RS said that "davidpate" got nothing in the IPO... Just accumulated 20% of the float day by day. This will make the next few weeks very interesting: http://mcxpump.com/2013/09/29/mcxfee-latest-info/ |
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lophie
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October 02, 2013, 06:29:09 AM |
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https://mcxnow.com/orders?cur=btc, not working............ Guys I am a developer here and wants to make great stuff and bots for MCX.......... any one knows when this API will be working and hopefully well documented than just 3 commands :S What do you need besides Order Book, Enter Order, Cancel Order? And "BTC" is an invalid symbol... There is no BTC to Fiat conversion on mcxNOW... Try the link below or any Alt they list XPM, etc. https://mcxnow.com/orders?cur=MCXxpm, ltc, etc? and I need account info as well like any other well done API? |
Will take me a while to climb up again, But where is a will, there is a way...
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bidji29
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October 07, 2013, 12:37:53 PM |
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yep, DavidPate, the famous LTC whale, is totally commited on mcxNOW now. He deposited all his Litecoin on the exchange (+140000) and have bought 1600 mcxFEE! That's 1.6% of all exchange revenue. He revealed targeting a total of 20 000 share after the next IPO. Crazy. He must believe a lot in the man |
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Schwede65
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October 09, 2013, 06:03:42 AM |
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yep, DavidPate, the famous LTC whale, is totally commited on mcxNOW now. He deposited all his Litecoin on the exchange (+140000) and have bought 1600 mcxFEE! That's 1.6% of all exchange revenue. He revealed targeting a total of 20 000 share after the next IPO. Crazy. He must believe a lot in the man and yesterday DavidPate decided to buy the right coin for the future of crypto: SC --> MC (yeah) over 100k of ~ 1.1m deposited at mcxNOW |
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bidji29
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October 10, 2013, 09:23:48 AM |
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And he know a lot of other whale, i'm sure he will talk to them about mcxNOW.
Maybe he already did, the site has now more than 10,000BTC on deposit. It's a 1000% increase in comparison to 1 month ago.
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hivewallet
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October 12, 2013, 12:58:44 PM |
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Well this is amazingly smart idea that we wish we'd seen earlier. :-)
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QuantPlus
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October 12, 2013, 01:17:46 PM |
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yep, DavidPate, the famous LTC whale, is totally commited on mcxNOW now. He deposited all his Litecoin on the exchange (+140000) and have bought 1600 mcxFEE! That's 1.6% of all exchange revenue. He revealed targeting a total of 20 000 share after the next IPO. Crazy. He must believe a lot in the man and yesterday DavidPate decided to buy the right coin for the future of crypto: SC --> MC (yeah) over 100k of ~ 1.1m deposited at mcxNOW davidpate singlehandedly drove mcxFEE shares maybe 20-30% higher... Once MCX is Whale Central, plus more coins, plus decent charts, it will fucking rock. But everything Ive read about MicroCash is INCOHERENT... RS may be a great Dev and Idea Man, but he writes at a high school level. https://twitter.com/davidpate8 |
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bidji29
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October 12, 2013, 05:50:01 PM |
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The exchange have now 3000 BTC trading volume/day on average. Su much growth!
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