Search content
Sort by

Showing 20 of 37 results by marty.lee
Post
Topic
Board Bitcoin Discussion
Topic OP
Bitcoins 4 haiti
by
marty.lee
on 15/01/2012, 06:52:03 UTC
Hello all! My name is Marty Lee, and me and my church have been working tirelessly to help those in need in haiti. Haiti needs our help. We need to get fresh water to Haiti now. We need to get wells build in haiti. Our church aims to raise $5000 for 5 new wells in haiti. We have a good portion of that, and I was hoping the bitcoin community had a open heart to give to haiti. Please donate to

19Y1EecVcyru3H6ywwH4LBFaSYD3PLMXZ2

http://i.imgur.com/ZXdIh.jpg


Please. We need your support.

Kind Regards,
Marty Lee
Post
Topic
Board Currency exchange
Re: My Equation for the price of bitcoins. Please Give me your thoughts
by
marty.lee
on 08/01/2012, 23:06:44 UTC
It's funny because now

(b*r)/((c*(b/m*(a/e)))-d)

says around $4, but it skyrocketed

heh
Post
Topic
Board Goods
Topic OP
Nevermind
by
marty.lee
on 08/01/2012, 22:52:05 UTC
NO LONGER SELLING, SORRY FOLKS, iPad was given to family member
Post
Topic
Board Lending
Re: Requesting a 5btc loan from anyone (6% loan) for 1-2 weeks
by
marty.lee
on 12/10/2011, 21:16:43 UTC
"Okay, explain how I could get "At least 2 or 3 feedback/trades on forum" when no one trusts me to trade with me in the first place."

you can start buy buying some small items, and do small trades, you can also use escrow if there is trust issue

"And how does providing an ip address help you, I could tell you anything."

it helps because it will be checked if it corresponds with your address, if you give a random ip address, then the info you give is not good

"And what about being anonymous, that is why I got into bitcoin so  "

i tried to give loans , without asking for info, most people paid back, but few didnt and i couldn't continue that, so we have to ask for info/details now.

"4. Active in forum X
supposed to mean. How is that measured objectively?"


it means , you have to login to your forum account once in a while, some for example take a loan, and forget to pay back because they werent active in forum and never visit the forum for a long time, so then its suspected they were scammers
Okay, so
Quote
it helps because it will be checked if it corresponds with your address, if you give a random ip address, then the info you give is not good
how can you check if it corresponds with what address? What are you checking, the ip address in this forum? How can you see that?
Post
Topic
Board Lending
Re: Requesting a 5btc loan from anyone (6% loan) for 1-2 weeks
by
marty.lee
on 11/10/2011, 22:03:23 UTC
Application Results:

1. More than 140 posts X
2. Been registered for more than 2 months X
3. Provide IP Address X
4. Active in forum X
5. At least 2 or 3 feedback/trades on forum X
6. 1 Form of Identification X
7. 2 Forms of Identification X

You are offered a 0.0btc loan at this time.

On behalf of BCL,
Tucker Lee

Okay, explain how I could get "At least 2 or 3 feedback/trades on forum" when no one trusts me to trade with me in the first place. I got to start somewhere. And how does providing an ip address help you, I could tell you anything.... And what about being anonymous, that is why I got into bitcoin so  
6. 1 Form of Identification X
7. 2 Forms of Identification X
is something I cannot provide, I can say my name is Marty, and my last name is Lee, and I could provide a photo, but not where I live and everything else about me. and what is:
4. Active in forum X
supposed to mean. How is that measured objectively? Plus:
1. More than 140 posts X
Notice
http://i.imgur.com/jIUn3.png
So, I would lower that quite a bit.
- Marty Lee
 
Post
Topic
Board Lending
Topic OP
Requesting a 5btc loan from anyone (6% loan) for 1-2 weeks
by
marty.lee
on 11/10/2011, 03:00:20 UTC
I have a transfer going through at the bank that will take about a week or two, and I have someone who I owe 5 bitcoins to. I am going to buy 26 bitcoins, so I will pay 5.3 bitcoins back to whoever gives me the loan. That is a 6% loan. I can pay back within 1-2 weeks.
Post
Topic
Board Lending
Re: Looking for spare change to help with bills.
by
marty.lee
on 05/09/2011, 18:06:28 UTC
You can have 3 btc for a two weeks at 10% interest or one month at 20% interest. Meaning if you keep it for two weeks you must pay 3.3 btc or if you keep it for a month you must pay 3.6BTC back. I can go up to 5 btc loan, but the higher the loan the lower the interest rate. My rates:

Bitcoins: two weeks interest, one month interest
3btc: 10%, 20%
4btc: 8%,16%
5btc: 6%,12%

Kind regards,
Marty Lee
Post
Topic
Board Currency exchange
Topic OP
Selling 100 SC for 3BTC
by
marty.lee
on 05/09/2011, 15:48:04 UTC
Any takers. The trade price is 0.03BTCpSC.

Kind Regards,
Marty Lee
Post
Topic
Board Currency exchange
Re: Buying Solidcoin (SC) - I am paying with Bitcoin (BTC)
by
marty.lee
on 05/09/2011, 15:42:35 UTC
I only have 2.25SC right now, but I will have more soon, which I will sell at .03 BTC each so in total that will cost you 0.0675BTC. Deal Or No Deal....  Smiley

Kind Regards,
Marty Lee
Post
Topic
Board Currency exchange
Topic OP
My Equation for the price of bitcoins. Please Give me your thoughts
by
marty.lee
on 05/09/2011, 15:38:57 UTC
After a little thinking while I was trapped in the n00b jail, I came up with this formula to calculate the exchange of USD to bitcoin based off a number of factors. NothinG made a good php script on his site to run my equation using all current data. Take a look at:
http://zombietoday.com/dev/pricecal.php
The Equation is: (b*r)/((c*(b/m*(a/e)))-d)
b = blocks
r = reward
c = control = 2500000
m = another control = 140000
a = avareage Time To Solve a Block in seconds with no decimals sense last difficulty change
e = expected time to solve a block = 600 = 10 mins
d = difficulty

The current price of bitcoins should be around: $8.87

Kind Regards,
Marty Lee
Post
Topic
Board Lending
Topic OP
Just a two bitcoin loan for three days.
by
marty.lee
on 05/09/2011, 15:17:23 UTC
Can I get a 2 bitcoin loan for three days. I know I am really new here, but the amount is so small, and the time is so short. The risk you are taking is minimal

Kind Regards,
Marty Lee
Post
Topic
Board Beginners & Help
Re: want serious help to start my own bitcoin/solidcoin mining pool (willing to pay)
by
marty.lee
on 05/09/2011, 14:14:22 UTC
I might want to help. What does it pay?
Post
Topic
Board Beginners & Help
Re: scammer: grenouillette40@gmail.com
by
marty.lee
on 05/09/2011, 14:07:32 UTC
It is ridiculous that almost 50% of bitcoiners are only in it to scam the newcomers, scare them from the currency, and then our market diminishes.
Post
Topic
Board Beginners & Help
Re: should i own my own server to start a bitcoin mining pool ???
by
marty.lee
on 05/09/2011, 14:00:00 UTC
Always go with your own server. NEVER and I mean NEVER go with hosting services. Get a http://www.microcenter.com/single_product_results.phtml?product_id=0365213. I bought this a few weeks ago, I cannot regret it. I love that freaking computer, just make sure you run debain or ubuntu linux on it when you get it, because by putting windows on it you are killing half of it's power.

Kind Regards,
Marty Lee
Post
Topic
Board Beginners & Help
Re: Transfered bitcoins, client up to date. Where are my coins???
by
marty.lee
on 05/09/2011, 13:54:34 UTC
Did your client ever get those coins?
Post
Topic
Board Beginners & Help
Re: BTC Price Stability
by
marty.lee
on 05/09/2011, 13:48:55 UTC
Wait a minute. My brain is working. m=140000*(a/e)
a =average block generation time since last difficulty change in minutes out to 2 decimals
e = expected generation time in minutes = 10
To find a, we just need to see the last 2 blocks (or further if needed) and figure out the difficult change in minutes?
To find e, we just need to see the last 3 or 4 blocks and predict the amount of time till the next block?

[Edit]:
Just threw the current formula (without this post's changes).
http://zombietoday.com/dev/pricecal.php

[Edit2]:
a = http://blockexplorer.com/q/interval
Code:
shows the average interval between blocks, in seconds. The parameter sets how many blocks to look back at (default 1000).
e = probably just set this to 600 (10 minutes)?

[Edit3]:
Just made some changes, and it looks like the average should be about 8.8USD<>1BTC.
Code:
(b*r)/((2500000*(b/140000*(a/e)))-d)

[Edit4]:
http://zombietoday.com/dev/pricecal.php?json
Added JSON Smiley
Awesome job. I put a page on my site, but I will not be letting people know what my site is... Long story short, his link is the only place you can find it. Once I get out of here I can tell everyone in the other forums about this formula I have created.
Post
Topic
Board Beginners & Help
Re: BTC Price Stability
by
marty.lee
on 05/09/2011, 06:47:59 UTC
BTC should be worth whatever the buyer/seller wants to trade them for.

I think that makes them more unstable then saying they're worth a fixed price.
As I said before.
(b*r)/(2500000-d) = (144004*50)/( 2500000- 1777774.4820015) = 9.9694622
That should be the current price, but it is slightly off
Last Price: 7.89859 High:8.467 Low: 7.8 Volume: 21694 Weighted Avg: 8.0884
about $2 high.
I'm sorry, but this equation can be infinity. Here is a new one that will keep the price under control
(144004*50)/((2500000*( 144004/140000))-1777774.4820015)
or
(b*r)/((c*(b/m))-d)
b = block
r = reward
c = control = 2500000
m = another control = 140000
d = difficulty
Give me a BTC Address, you may have just officially solved all of Bitcoin's price stability problems.
Just sent you a donation. Smiley

[Edit]:
Still need to figure out how to modify m.
Thank You so much. That means a lot. I will work on m.
After watching a few blocks pass and setting up a script to calculate the price with current data, I found that the price should go like this. Price jumps high or low at difficulty change, but lowers about $0.01 every 100 blocks, then jumps suddenly to a new price at the difficulty change. That is the theory based off 3 data points, and my intuition. So people would sell off bitcoins after the new difficulty if it was higher, otherwise, they would buy. Then as it nears the change of difficulty the exact opposite would occur. This provides a stable trading market for everyone!
So, what's the new formula?
Wait a minute. My brain is working. m=140000*(a/e)
a =average block generation time since last difficulty change in minutes out to 2 decimals
e = expected generation time in minutes = 10
Post
Topic
Board Beginners & Help
Re: BTC Price Stability
by
marty.lee
on 05/09/2011, 06:44:53 UTC
BTC should be worth whatever the buyer/seller wants to trade them for.

I think that makes them more unstable then saying they're worth a fixed price.
As I said before.
(b*r)/(2500000-d) = (144004*50)/( 2500000- 1777774.4820015) = 9.9694622
That should be the current price, but it is slightly off
Last Price: 7.89859 High:8.467 Low: 7.8 Volume: 21694 Weighted Avg: 8.0884
about $2 high.
I'm sorry, but this equation can be infinity. Here is a new one that will keep the price under control
(144004*50)/((2500000*( 144004/140000))-1777774.4820015)
or
(b*r)/((c*(b/m))-d)
b = block
r = reward
c = control = 2500000
m = another control = 140000
d = difficulty
Give me a BTC Address, you may have just officially solved all of Bitcoin's price stability problems.
Just sent you a donation. Smiley

[Edit]:
Still need to figure out how to modify m.
Thank You so much. That means a lot. I will work on m.
After watching a few blocks pass and setting up a script to calculate the price with current data, I found that the price should go like this. Price jumps high or low at difficulty change, but lowers about $0.01 every 100 blocks, then jumps suddenly to a new price at the difficulty change. That is the theory based off 3 data points, and my intuition. So people would sell off bitcoins after the new difficulty if it was higher, otherwise, they would buy. Then as it nears the change of difficulty the exact opposite would occur. This provides a stable trading market for everyone!
So, what's the new formula?
I will have within 48 hours of this post.
Post
Topic
Board Beginners & Help
Re: BTC Price Stability
by
marty.lee
on 05/09/2011, 06:34:23 UTC
BTC should be worth whatever the buyer/seller wants to trade them for.

I think that makes them more unstable then saying they're worth a fixed price.
As I said before.
(b*r)/(2500000-d) = (144004*50)/( 2500000- 1777774.4820015) = 9.9694622
That should be the current price, but it is slightly off
Last Price: 7.89859 High:8.467 Low: 7.8 Volume: 21694 Weighted Avg: 8.0884
about $2 high.
I'm sorry, but this equation can be infinity. Here is a new one that will keep the price under control
(144004*50)/((2500000*( 144004/140000))-1777774.4820015)
or
(b*r)/((c*(b/m))-d)
b = block
r = reward
c = control = 2500000
m = another control = 140000
d = difficulty
Give me a BTC Address, you may have just officially solved all of Bitcoin's price stability problems.
Just sent you a donation. Smiley

[Edit]:
Still need to figure out how to modify m.
Thank You so much. That means a lot. I will work on m.
After watching a few blocks pass and setting up a script to calculate the price with current data, I found that the price should go like this. Price jumps high or low at difficulty change, but lowers about $0.01 every 100 blocks, then jumps suddenly to a new price at the difficulty change. That is the theory based off 3 data points, and my intuition. So people would sell off bitcoins after the new difficulty if it was higher, otherwise, they would buy. Then as it nears the change of difficulty the exact opposite would occur. This provides a stable trading market for everyone!
Post
Topic
Board Beginners & Help
Re: BTC Price Stability
by
marty.lee
on 05/09/2011, 05:59:25 UTC
BTC should be worth whatever the buyer/seller wants to trade them for.

I think that makes them more unstable then saying they're worth a fixed price.
As I said before.
(b*r)/(2500000-d) = (144004*50)/( 2500000- 1777774.4820015) = 9.9694622
That should be the current price, but it is slightly off
Last Price: 7.89859 High:8.467 Low: 7.8 Volume: 21694 Weighted Avg: 8.0884
about $2 high.
I'm sorry, but this equation can be infinity. Here is a new one that will keep the price under control
(144004*50)/((2500000*( 144004/140000))-1777774.4820015)
or
(b*r)/((c*(b/m))-d)
b = block
r = reward
c = control = 2500000
m = another control = 140000
d = difficulty
Give me a BTC Address, you may have just officially solved all of Bitcoin's price stability problems.
Just sent you a donation. Smiley

[Edit]:
Still need to figure out how to modify m.
Thank You so much. That means a lot. I will work on m.