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Showing 20 of 145 results by DigitalHermit
Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
DigitalHermit
on 09/04/2014, 07:30:52 UTC
I believe my proposal works for any possible alt coin.  My proposal is simply a way to create a distribution of wealth equal to that of bitcoin in any new alt coin.

I think this is a fantastic proposal and would even be willing to help with the development effort. I look forward to future threads on this topic and will jump in as time allows.
Post
Topic
Board Electrum
Re: BTC stolen from electrum wallet
by
DigitalHermit
on 02/04/2014, 09:46:18 UTC

Well, here is the report.

Malwarebytes Anti-Malware
www.malwarebytes.org

Scan Date: 01/04/2014
Scan Time: 9:17:54 PM
Logfile:
Administrator: Yes
...

Processes: 1
Trojan.MSIL, C:\Users\Damien\AppData\Roaming\Adobe\AdobeUpdate.exe, 2644, , [ba7479ac88f3df57e729af99629fc040]


It appears likely that you have a Trojan/Malware on your computer posing as AdobeUpdate.

http://www.virusradar.com/en/MSIL_BattleBot.A/description

This was very likely used by a remote intruder to take a copy of your wallet file(s) and to run a keylogger that captured your password.
Post
Topic
Board Speculation
Re: What's next for Bitcoin? $100 or $1000
by
DigitalHermit
on 25/03/2014, 11:57:06 UTC
up or down?

Maybe neither...

I think it will go up over $1000 within the next 2 weeks. We now know that Dubai will have 400 BTC ATM within 2 weeks. Also Australia will have 100 BTC ATM in the next few months.

Now it is going main stream. And a lot of rich people in Dubai will be buying a lot of BTC. So the demand will be high and the price is going to go up.

Regarding 400 BTC ATMs in Dubai....

http://www.coindesk.com/ded-officials-debunk-bitcoin-atm-speculation-dubai/
Post
Topic
Board Speculation
Re: REAL SATOSHI SPEAKS OUT ON P2P FOUNDATION WEBSITE
by
DigitalHermit
on 07/03/2014, 02:44:09 UTC
Pitty he didn't provide a digital signature with that post.  Roll Eyes
Post
Topic
Board Speculation
Re: Synthetic gold from LENR reactors could drive crypto to insane levels
by
DigitalHermit
on 06/03/2014, 01:43:33 UTC
Another scenario that may be more likely/viable than LENR is mining Gold from asteroids:

http://www.wired.com/wiredscience/2012/04/planetary-resources-asteroid-mining/
Post
Topic
Board Speculation
Re: WHO SOLD BELOW $500? (not mtcock's price)
by
DigitalHermit
on 26/02/2014, 16:40:42 UTC
How about you do all the work for us sellers and we'll just buy up whatever you sell ok? How's that? What do you say stupid?

Thanks for the cheap coins stupid.

Buyers don't care, they snap the cheap coins right up.

The sellers do all the hard work selling their bitcoins for cheap.


http://www.youtube.com/watch?v=4r7wHMg5Yjg&t=01m55s
Post
Topic
Board Speculation
Re: Official End of Mt Gox thread
by
DigitalHermit
on 25/02/2014, 04:31:44 UTC
Sad but true. MtGox support reps tweeted they got laid off. Thus ended the sordid affairs of MtGox.

Oh I'm sure the lawsuits will go on for years. MtGox: truly legendary.
Post
Topic
Board Scam Accusations
Re: biafore - unwilling to pay 0.5btc bet!
by
DigitalHermit
on 23/02/2014, 21:15:50 UTC
This biafore guy is all over the board.

Here he is offering to buy goxBTC with 10 (real) BTC to trade:
https://bitcointalk.org/index.php?topic=455243.msg5294298#msg5294298

Here he is making a 1 BTC bet regarding Gox (nobody took him up on this one)
https://bitcointalk.org/index.php?topic=457474.msg5046019#msg5046019

Also claims he has coins on 4 different markets.
https://bitcointalk.org/index.php?topic=457474.msg5046163#msg5046163

Hard to tell what is truth and fantasy with this guy.

But at least one thing is clear, he made a bet with RB and now he's backed out of paying it. You can be sure if he won the bet that he'd be demanding payment.

Guy deserves a SCAMMER tag unless he pays up pronto on the bet he lost and with real BTC.

https://bitcointalk.org/index.php?action=profile;u=231029
Post
Topic
Board Speculation
Re: Mt.Gox Dumps coming! Under $250 Soon
by
DigitalHermit
on 23/02/2014, 20:23:42 UTC
It's still here:

Looking to make 0.5 BTC bets:  My take - Mt Gox will restore and withdrawls before Tuesday the 18th 12 PM Eastern.

Your take - Mt Gox does not restore withdrawals before Tuesday the 18th 12PM.

I have 3.5 BTC ready to go.

PM any questions

0.5 BTC bet accepted. Mt. Gox won't enable all withdrawals till feb 18 2014.
Shake

Accepted


He has 3.5 BTC  Grin

You do know the process for reporting those who don't follow through on bets, don't you?

Just post your evidence to:

https://bitcointalk.org/index.php?board=83.0

This will likely result in biafore's account being labelled as scammer. Bets are considered just as serious a transaction as any other market transaction here and this should be an open and shut case.
Post
Topic
Board Electrum
Re: Electrum - Unverified Transaction
by
DigitalHermit
on 21/02/2014, 11:55:06 UTC
Issue still exists in 1.9.6, the opening of the default wallet fixed it.

Issue still exists in 1.9.7, the opening of the default wallet DID NOT fix it.

Any suggestions?

I'm having the same problem with 1.9.7.

Yep still seeing this in 1.9.7.
Post
Topic
Board Mycelium
Re: Mycelium Bitcoin Wallet
by
DigitalHermit
on 12/02/2014, 03:03:02 UTC
Here's a question. My Mycellium wallet received some of these Enjoy/Sochi spam/dust transactions for 1 satoshi each that have been going around. However, not enough fees were included in these transactions so they will likely never confirm.

http://www.reddit.com/r/Bitcoin/comments/1xin5m/suspicious_lots_of_bitcoin_wallets_just_received/

If I now send an outgoing transaction from my wallet, is Mycellium smart enough to not use inputs from these unconfirmed transactions? If not then we have a denial-of-service problem because I will have generated a transaction that will be stuck and also unconfirmed.

This is exactly the behavior I saw happen in my Electrum wallet today as well (which did try to spend the input from these spam/unconfirmed transactions) and it sounds like their developers will be fixing it.
Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
DigitalHermit
on 10/02/2014, 17:06:49 UTC
I didn't loose any money with BugFinex today, I moved to BTCe after their screw up last week and made money there... money that BTCe doesn't steal from your account like BitFinex does.
Enjoy trading on margin there! Cheesy
http://www.reddit.com/r/BitcoinMarkets/comments/1xigeh/psa_btce_is_fucked_do_not_use_mt4_trapped_in_short/


LOL... IKR? Someone is sounding butt hurt and a little too eager to slam Bitfinex and shill for BTC-E.

Bitfinex is far from perfect but at least they seem to be working hard to improve things over time.

I personally only trust BTC-E for straight unleveraged trades and nothing more.
Post
Topic
Board Speculation
Re: Anyone else notice the amount of bitcoin news items is still high?
by
DigitalHermit
on 07/01/2014, 06:59:06 UTC
This is where the finance world can really cash in on this idea. Make it easy for Joe on the street to invest a little without worrying about encryption, paper wallets, 2FA, QR codes, etc.

And cash in they will, and they definitely won't be encouraging people to invest in bitcoins directly...
http://www.youtube.com/watch?v=wcL-fFEeXWo

Relevant section:
http://www.youtube.com/watch?v=wcL-fFEeXWo#t=31m20s
"What that means is you shouldn't bet the farm on Bitcoin because you don't need to!"

In subsequent videos I believe they propose selling you materials that will teach you "How to Trade Bitcoin!". Who makes more profit in that scenario? ;-)
Post
Topic
Board Pools
Re: [440 TH] BitMinter.com [1% PPLNS,Pays TxFees + MergedMining,Stratum,GBT,vardiff]
by
DigitalHermit
on 30/12/2013, 09:01:41 UTC
Mining server software was updated and appears to be running very well. Smiley

Not for me apparently... just started timing out on connection:

Code:
root@OpenWrt:~# telnet mint.bitminter.com 3333
telnet: can't connect to remote host (192.31.187.114): Connection timed out
root@OpenWrt:~# telnet mint.bitminter.com 3333
telnet: can't connect to remote host (192.31.187.114): Network is unreachable
root@OpenWrt:~# telnet mint.bitminter.com 3333
telnet: can't connect to remote host (192.31.187.114): Connection timed out
root@OpenWrt:~# telnet mint.bitminter.com 3333
telnet: can't connect to remote host (192.31.187.114): Connection timed out
root@OpenWrt:~#
Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
DigitalHermit
on 29/12/2013, 07:45:01 UTC
Here's to hoping the 4 to 1 leverage gets brought back soon

Here's to hoping they significantly expand the insurance fund used by liquidity providers if they decide to bring back 4 to 1 leverage.
Post
Topic
Board Exchanges
Re: bitfinex
by
DigitalHermit
on 28/12/2013, 17:22:22 UTC
do any of you guys lend bitcoins out?

how is the return?

what can i expect if i lend out 10 bitcoins for 30days? it says .005% a day so that is 1.15% over 30days or

10btc --> 11.5 btc in 30 days at .005% per day correct?

Your math is off by an order of magnitude:

10 BTC @.005% per day is:

1% = .01 so 0.005% = .00005

10 * .00005 = 0.0005 BTC per day * 30 = 0.015 BTC per month

But actually it will be slightly less due to fees 10% of interest (or 30% if you take the insurance option).
Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
DigitalHermit
on 27/12/2013, 05:01:21 UTC
I believe there is some bugs in the Lending API of bitfinex. I was unable to make a new lending offer by POST method to https://api.bitfinex.com/v1/offer/new. Here are the situations.

1. The API documentation stated that insurance_option is optional. However, when this parameter is omitted, HTTP 500 error is returned.

2. I can get a response with insurance_option specified, but the response is always "Invalid offer: not enough balance". I have checked using the wallet balances API to make sure there is enough balance and also make sure that the amount is greater than the minimum lending amount (100USD).


Any updates on this? I have contacted support@bitfinex.com 2 times on this issue and so far no response for a few weeks.

In case you don't hear from support, I ran into the exact same problem. This is not documented at all but you have to specify the currency of your offer in upper case (example: USD, not usd). If you specify in lower case you'll get that useless error message "Invalid offer: not enough balance", because you don't have any usd balance only USD balance. Same for BTC.  Tongue

I only discovered this fact through trial and error.
Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
DigitalHermit
on 23/12/2013, 20:52:13 UTC
I'm trying to lend some USD and can't get my offers to get matched.

Even when using the "lend" button next to an item in the credit demand list, my offer just sits there and doesn't get matched (for about 10 minutes now)

Am I doing something wrong?

EDIT: nevermind, it seems I need to make a post here, then it instantly works.
I cannot understand how the lending engine works, too. Sometimes it is almost instant, sometimes it takes several minutes to match the borrow and lend orders.

It is pretty apparent that the lending/borrowing engine has significant issues with matching orders in a timely matter. It is likely designed using a background process on the server that waits for a fixed period of time (minutes) before checking if there are matches rather than checking for matches each time an order is added.

However, even then the match can fail. There are a number of possible reasons (all bugs) that would cause this behavior. For example perhaps the match fails due to slight order amount mismatches (Example: 2.50 != 2.501 ) even though amounts exactly match on the display because the amounts are rounded to 2 decimal places.

Also they should do away with maximum/minimum lending times in general as this just adds another confusing and unnecessary dimension. There should be two markets ... one for the instantaneous variable rate loans ( < 2 day) and a second market for fixed length/rate term loans (15 days, 30 days etc..). Putting them all together just makes it unnecessarily complicated.


Post
Topic
Board Altcoin Discussion
Re: Reason for alt coin's low values?
by
DigitalHermit
on 20/12/2013, 16:37:00 UTC
Credit cards also exist in vast quantities, but they are used enough to warrant investment. That may be a simple argument, but the parallel is enough to warrant serious consideration about alt coins and not dismiss them completely.

And how many major credit card brands are there?

Visa, Mastercard, AMEX, Discover

I rest my case.

Post
Topic
Board Altcoin Discussion
Re: [WOW] 10000 DOGE COIN give away, much 100x100 doge's to give + luck
by
DigitalHermit
on 19/12/2013, 05:39:13 UTC
DGh5BQZ3Pi5J6kCKw5ma91jxoUeMkuZCJU

such party!