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Showing 20 of 172 results by Progressive
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Board Securities
Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily.
by
Progressive
on 08/04/2014, 07:58:06 UTC
@thy: If you used more than 20 characters for your password, you have to write down only the first 20. That worked for me (EDIT: hm, now it seems not to work).
The info there is much better than the silence here. Thanks for the progress, Ukyo.
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Topic
Board Securities
Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily.
by
Progressive
on 05/04/2014, 01:13:43 UTC
It appears that the password is truncated for 20 characters.
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Topic
Board Securities
Re: [BTC-TC] Deprived Mining Speculation (DMS)
by
Progressive
on 12/02/2014, 19:39:52 UTC
Quote from: WoodTech
TL;DR: Sorry, and I've not vanished.

Dear All,

I am really sorry about my extended period of absence from the community. Unfortunately I have had to deal with some personal tragedy recently which affected me and my loved ones very badly. Having had an acute period of depression in the past, experience has taught me that the most expeditious way out is to completely disconnect from work and other stress-inducing activities while I deal with the illness through intensive daily therapy. In the past I have attempted to combine that with work, but I've found it just drags out the acute period and during it I'm pretty useless and prone to errors of judgment.

I apologise that I felt unable to communicate this to you sooner. It was simpler with my core work at Memset since I just needed to let my assistants know I had to vanish for a while. I recognise now that my unexpected absence has caused this community, in particular the CIPHERMINE shareholders and bondholders, some concern. It is unlikely that I'm going to get anything worse thrown at me here on in, Gods forbid, but I shall be putting in place better measures to deal with me becoming ill etc. for CipherMine and CipherTrade. The timing was unfortunate since I was mid-handover of several components to Giles (evilscoop), Si (Sims) and the rest of the team.

CipherTrade will take care of the dividends issues; once its up the process will no longer rely on me. While we are doing dividends manually it has been simpler to continue with me doing them, and I will be issuing another round soon. Apologies for their irregularity. The CIPHERMINE.B1 dividends are held back by a technical issue; the size of the payments for individual bondholders is now below the the transaction size limit for BTC, even after having allowed them to accumulate for a while. As an aside, I think this bodes very well for alt-coins. BTC's minimum transaction size is now more than $0.01, making it a poor choice for micro-transactions.

Anyway, I'm on the mend and will be getting back up to speed with my work responsibilities and our various projects over the next couple of weeks. I have planned a staged return on the advice of my doctors so won't be operating at full capacity just yet. Thank you all for your patience and understanding during this very difficult period.

Kate.

PS. To confirm, we received our second batch of 5 HashFast BabyJets today! Smiley That brings our total to 7 BabyJets. We have another order of 3 pending (9 in total), and 8 upgrades (a second 400 GHs Golden Nonce chip for the BJ's). I'm not sure why I ordered 8 rather than 9 upgrades, perhaps it was all we could afford at the time. We also have 4 HashFast Sierras (1.2 TH/s) on order, and 3 x 2 TH/s Cointerra units to come. Although there has been controversy around HashFast, their kit is arriving and it appears rock-solid in terms of performance so I'm unconcerned there. We will be investigating the status of the Miner Protection Programme though since it should pay out handsomely for us!

https://litecointalk.org/index.php?topic=4582.msg122978#msg122978
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Board Securities
Re: [BTC-TC] Deprived Mining Speculation (DMS)
by
Progressive
on 22/01/2014, 16:58:10 UTC
I'm holding 10,000+ DMS.SELLING shares, so if anyone would be interested in getting together for some action I'm all ears.
I think we should wait a little bit longer with potential legal action for the CipherTrade/woodrake situation to resolve.
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Topic
Board Securities
Re: [BitFunder] btcQuick - Bitcoin Sales Service
by
Progressive
on 22/12/2013, 14:24:31 UTC
You need to simply sign up. Go here https://www.btcquick.com/beta/register and do the manual registration. You wont have to do any verification...

I just registered, but it seems that the dividend was not send to my BF public address. I'm willing to wait for the next dividend payment, so you can send both dividends together.

Or what is the plan for those who registered just now (after the first direct div. payment)?
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Topic
Board Securities
Re: [BTC-TC] Deprived Mining Speculation (DMS)
by
Progressive
on 03/12/2013, 12:34:41 UTC
Do you by any chance know something similar to DMS for litecoin? Any way to bet on litecoin difficulty rising fast?
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Topic
Board Securities
Re: [HAVELOCK] [AM1] ASICMINER Full-Share PT - No Mgmt Fees! Import/Export!
by
Progressive
on 25/11/2013, 11:58:22 UTC
How long does a push to direct shares take on average? What happens to dividends in the time between the transfer being initiated and the direct shares being confirmed?
According to my experience TAT AM transfers are usually done in 12-48 hours.
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Topic
Board Service Discussion
Re: Message to BITSTAMP: You need to change ASAP. You're now almost as bad as mtgox.
by
Progressive
on 24/11/2013, 09:39:37 UTC
From http://www.reddit.com/r/Bitcoin/comments/1r4d6t/bitstamps_streaming_api_and_exploitation/

...the stream I'm watching includes both order and trade events, and I typically see orders on the stream anywhere between ~2.5s and ~8s ("the window") before they match and produce a trade; if you're only trading by watching BitcoinWisdom and others, I see things happen as much as 18s ahead of you.

So if you are not trading looking at the undocumented API you are beign ripped off by those who do. Very nice feauture!
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Board Securities
Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings
by
Progressive
on 23/11/2013, 12:19:01 UTC

That's how journalism works. They don't mention specific brand unless it is important for the story. As it should be.
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Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
Progressive
on 23/11/2013, 09:53:41 UTC
Thanks for the explation and for this new feature.

Also I want to thank you and Raphael for your communication here (and I don't mind you being "human"  Grin ) it's the best I've seen for an operation at this level. The fact you are responding honest and quickly and the way how you handled the "black swan" event with Gox (not like a garage company) are the main reasons I trust to use your service.
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Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
Progressive
on 23/11/2013, 07:47:05 UTC
What does the new "Claim" button do? (in margin trading screen)
Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
Progressive
on 21/11/2013, 18:36:03 UTC
This seems interesting: http://www.reddit.com/r/Bitcoin/comments/1r4d6t/bitstamps_streaming_api_and_exploitation/
TL;DR: Bitstamp's undocumented streaming API seems to reveal out-of-order trade execution that can be exploited to steal margins from large buys/sells.
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Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
Progressive
on 21/11/2013, 16:24:26 UTC
If the issue is counter party risk then I would suggest opening a bank account in the same bank as bitstamp and use in-bank (I'm not sure about the proper expression in English) transfers - they're instant. You can than keep bigger amount in your own bank account.
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Topic
Board Service Discussion
Re: CoinLenders, Inputs.io, Tradefortress (HACK)
by
Progressive
on 21/11/2013, 13:58:05 UTC
FYI, I just recieved 30.9277 BTC (my account balance is 147.46497819) from TF.
He used arbitrarily chosen price of $750 (price at MtGox at the time of payment: $690).
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Topic
Board Service Discussion
Re: COINLENDERS - REMAINING DEPOSITORS
by
Progressive
on 21/11/2013, 11:26:45 UTC
EDIT:

I would advice not to settle. At least 1300 were written off by this "so called settlement", another 900 were donated by TF to cover the loss.
There should be enough btc to get 50%+ of your balance back.

(I will edit this post later for more info)
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Board Service Discussion
Re: CoinLenders, Inputs.io, Tradefortress (HACK)
by
Progressive
on 21/11/2013, 00:50:06 UTC
How many people already accepted the "fiat settlement"?

If you accepted this deal please report that to DumbFruit so he can write that to the first post. We need to know how many coins were written off.
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Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
Progressive
on 20/11/2013, 20:37:07 UTC
"wrong price" makes limit orders unusable.
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Topic
Board Securities
Re: [BTC-TC] CIPHERMINE-PT - Industrial Mining & High Performance Computing
by
Progressive
on 20/11/2013, 17:24:04 UTC
Greg, there is an exchange on the horizon - the UK one, CipherTrade (with both BTC and LTC). Should be run by woodrake with Deprived and others. More info: https://forum.litecoin.net/index.php/topic,7176.0.html
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Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
Progressive
on 20/11/2013, 13:34:18 UTC
Whats with the Bitstamp connection? Bitstamp itself seems ok. ETA on resolving?
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Topic
Board Lending
Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available
by
Progressive
on 20/11/2013, 11:15:29 UTC
For people who are interested in how the 100% fiat settlement is calculated, here's a worked example:

Deposit 10 BTC on Sep 29th, considered $1430 deposited
Withdraw 1 BTC on Oct 2nd, considered $127 withdrawn
Deposit 1 BTC on Oct 16th, considered $154 deposited

Added together: 1430-127+154=$1457

The $1457 figure would be your re-denominated balance if you choose to accept, which is ~100% of the fiat value. Payment would be made in BTC using the latest MtGox ask.

TradeFortress offered me the rate of $750 (price was $620 at the time) for the fiat settlement. I offered latest MtGox ask, didn't recieve any response yet.

Did anyone of you used the settlement option after the price fallen from $750? What was your BTC/USD rate?