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Showing 20 of 96 results by xenofanesSkarak
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Board Speculation
Re: BTC-E crash to $150!
by
xenofanesSkarak
on 27/07/2015, 10:19:35 UTC
If anything a big reason bitcoin will completely plummet is because of long time unmet expectations.
Many people have invested in bitcoin expecting big ROI. Ever since it's been getting hammered down and down over and over.
At one critical point these people will call quits and things will finally collapse.
This is why smart people call bitcoin a pyramid/ponzi scheme.
Wake up,  don't be a bagholder.

I would disagree. Other assests like gold or fiat currencies are also priced only according to trust. its all about trust. And bitcoin is amazing technology. I think its fair price should be around $10,000 if you compare it to worthless USD or physical gold which is useless too. Try to move 1 tone of gold or 1 tun of paper notes. But bitcoin weight notning, you can send it within a second.
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Re: BTC-E crash to $150!
by
xenofanesSkarak
on 21/07/2015, 17:26:09 UTC

Does anyone really posses any kind of evidence for that? Because all i see is speculation and accusations without much proof or none. Cryptsy as an example used to be really inconsistent and probably still is when it comes to orders, most of the times your orders werent canceled on time or you wouldnt get your money back fast enough, as i said i never had problems with btc-e and i have been trading recently more than 0.5 bitcoins per trade.

yes of course, I have many printscreens, but what you can do with that - its useless to write to their non responding support. I already tried comlain to another MT4 broker and simly its lost case. They always tell you that and that that the price flash there and there and that you must know it that it happens all the time and of course you can comlain but they tell you are bad trader and dont give you money back. the only solution is go away and trade differently

Cryptsy has almost no significant volume in last days. I sold my coins during spring and now I have USD but in their USd markets you cannot buy anything, in some cases volume is even smaller than it was last year.
I would like to trade coins like PPC, because Cryptsy has unique offer of hundreds of coins but unfortunately many coins are without volume.
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Board Speculation
Re: BTC-E crash to $150!
by
xenofanesSkarak
on 21/07/2015, 17:16:45 UTC


You are talking about a lot of things here but why would they mess up with your trades? What do they win by doing that? Absolutely nothing as far as i understand it. I have been using btc-e for over a year now and i have never had any problems with them, everything is always smooth, the only problem recently is the frequent ddos but you cant really do much about it.

I am talking about the fact that their MT4 is bucket shop.
If you make very small trades 0.01 than it is OK. But than you earn 1 cent when it goes 1 usd in your favour. No, you earn 1 cent after it goes 2 or 3 USD in your favour cause you have to pay them fees. In another words, you would earn approx 1 USD on 100 USD price change. Common I think we want to earn more than this. You want to open 0.01 trade and wait 1 year whether it goes 100 USD in your favour and than grab your 1 USD?
 But try to open 1.00 lot of their CFD and very probably they realize that trade into small pieces like 0.01 (sorry but when I want to buy 1.00 I want to have it in one part not in 50 rows, especially when you try to open more and result is 300 rows in MT4 window. If you want to see that mess I can send you printscreens......) and than when you want to close this trade in profit, you simply see "off quotes" but when in the same platform I tried another small trade like 0.05, of course I could open and close it immediately with tiny profit.

MT4 enable brokers to make groups of clients according to different criteria, in another words its easy for broker to cheat clients... and why they wouldnot do it when they could and nobody is able to realize it?

I am talking about the fact, that if you ever tried to open a large trade like 5.00 of their CFD or even 10 x 5.00 you cannot never get good price but everytime signioficantly higher (in case of buying) and once you decide to close the trade in profit very probably (not 100% everytime) you simply cannot. because of different error messages.
That sucks, if you take 100 BTC and try to sell it at Bitstamp or Bitfinex, you also dont get best price but your price doesnot differ by 10 or even more USD (20 usd)  from price which you see on screen. It may even happen that your price could be better than you expected, Becuase their order book is full of real buyers and sellers.
Even if you try to trade on some sudden movements you can rely that you buy or sell for the price which you see on screen even if you trade manually.
On BTCe MT4 must be no volume than because there is never any counterparty for your large trade.

BTCe exchange is OK, they dont mess with you but problem is that you must see many warning signs like no volume, BTC is cheaper by 10 or more usd, strange price behavior,... for me its enough - I lost money on MT4 and dont want to loose the rest because I already lost on MTGox

And regarding BTCe MT4....
In case you set up tight SL or TP, guess what, of course, it will be hit exactly at that SL price by sudden flash. And you cannot say anything cause in charts you cant see both buy/sell price so in many cases you simply couldnot do anything, you cannot see whether the price really reach thet threshold.
And worst of all, if you dont fill TP or SL, you risk even bigger disaster, in case like last weekend. I had one left waiting order sell at 219 with TP on 200 and SL on 259. I forgot to delete it cause I would never expect that price would go down so deep during weekend. And guess what, of coures it was triggered and of course it was closed on SL around 259.... despite price went down to 160 or something prior it went back higher. But of course it could be explained , but its the same when your girlfriend is cheating on you and gives you any explanation which is on her mind.
Once I was thinking about their master and slave account system.. but if you read their details about fees... I think it only results in paying fees to master and broker and you dont get anything, And of course, they tell you that master account has bad days, that you must have expected it and even if master makes some profit, fees are huge so you see some profit only in case of 100% a month or so what you cannot expect in reality.
My assuption is, that they let you winn just a couple of USD, max maybe 10 or twenty USD a week, once you would get into tens or even hundreds of USD a week, they do anything to kill you. Thats my bitter 1 year experience
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Board Speculation
Re: BTC-E crash to $150!
by
xenofanesSkarak
on 20/07/2015, 16:29:41 UTC
Personally I am expecting the worst out of them. I had some trades mysteriously close during the so called "crash" that should have stayed open even if the price went to 0, ....

I also noticed last week (but I guess it must be all the time) (this time I printscreened it) very large orders on buy or sell side. like 1000 BTC several times in a row and then dissappear after half hour.. such big order wouldnot be strange at Bitfinex but here it looked strange - other orders were from 0.001 BTC till 1 BTC and sudenly threshold like this. Like a fist in your face.  
But of course it could be anybody like a whale or of course Exchange itself
And dont forget, BTCe webpage looks still the same as in 2012. They didnot even bother to change colors of fields..... yes they added some coins if I remember well, they made MT4 in 2013 and kind of 2FA login but thats all, Their charts on their web looks like a joke. Without robot you didnot even see chart of market depth (well its probably totally useless but again you even cannot look at it....)
The only thing which hasnot changed that they are anonymous and never been hacked....

well but I am not gonna wait so long

but to be sincere, now I checked their page, and they are on line, my money are there and if you send BTC you wait some 5-10 minutes... so I cannot say anything wrong in this way.
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Board Speculation
Re: BTC-E crash to $150!
by
xenofanesSkarak
on 20/07/2015, 15:59:55 UTC
Personally I am expecting the worst out of them. I had some trades mysteriously close during the so called "crash" that should have stayed open even if the price went to 0, even had buy limits canceled for no reason that should have been filled. I have tried transferring out of my MT4 account to get my remaining funds out of that thieves den, but of course that does not work either. Three days later no support response back on my ticket and now the site is down.

yes that happened to me as well, I should have made printscreen, but what I can do with them??? send them to non responding support?Huh I will just move all my funds away... hopefully soon. As I wrote, they let you make several USD profit but when you want to multiply your strategy they stopp to execute your trade. Simple "Off quotes" error message. or lost connection. And you can ****************** And of course after you got into loss suddenly everything is smooth.... But when you try simoultaneously (eg manually at the same time ) made the same trade with 0.01 everything is OK..... what to say more?

I opened several 5.00 lot buy positions on BTCe MT4 (open a trade was quick and easy) but problem was that it was made by much worse price and the worst of all was closing - you couldnot close it partially, you couldnot close it by changing SL or TP - price was going up and down and my SL and TP field in MT4 got yellow but was not respected. (= so it could close my trade 30 USD away from SL and I wouldnot do anything with this.... you know support if even bother to answer you can tell you anything... perhaps you already trade somewhere MT4 bucketshop )
 I tried to open a small 0.05 lot of their CFD or whatever it is, and close this small position and it was smooth. But anything biger like 1.0 or even 5.0 lot position was frozen.... after about 1 hour since that drop it started to closing my position by small parts (Partially by 0.01 or 0.05 etc !!!! and of course cca 5 USD away from SL or TP}  and all that pain was finished during another hour.

I thought I made a fortune but in the end it was loss for me. Never more.
I could summartize it, I can change a bit that sentence sadi by Henry Ford: You can close your trade/ position anytime  if you are in a loss. (other wise you get "off quotes message") really funny but not for me.


Bitfinex is better for leverage trading. Problems are bigger fees. But forget 796 if you dont have good robot. 796 is worst of all cause they have "AOC"  and this funny thing close your position once you get to the certain % of loss (even if you have enough BTC on your margin account) and than it takes all your money involved in a margin trade not only the part of money which you risk. This is insane. If you trade eg 1 BTC dont tell me that they cannot find counterparty for only 1 c o c k sucking BTC....
of course problem is as you surely know, that price isnot continual/smooth (I mean price goes in thresholds, it could be 277, 278, 279 per 1 BTC and not anything between because counterparty just want to execute only at certain level... and the whole funny issue is that on 796 price is like $280 per BTC but of course sudenly it could flash within a second to $300 on the buy or sell side and the whole funny thing is that at $280 you are in a loss like 30% which is OK, but with that sudden flash you got over that sucking % set by 796 for that current week and despite price goes immediately down to $280, the c o c ksucking 796 takes ALL YOUR MONEY INVOLVED. Everybody with more than 1 braincell in their head called it daylight robbery, but 796 call it AOC .....)

perhaps the only solution of this is not to trade on leverage but 1:1. But why I would do it for their high fees??? I could trade 1:1 directly without fees on much more trusted places like Bitstamp much more comfortably where price respects other exchanges and dont make dips +-20 USD in a second...
I thought 796 could be a place where you can try to profit from some certain movements but I warn you - on 796 the price is totally different with sudden big thresholds so its impossible to trade on high leverage movements like last weeks monday cause they look totally different on 796 and your position would be very probably sudenly closed. In case you dont have a robot which can with a fraction of a second evaluate how deep you are in a loss and accomodate the position... But again... who knows whether 796 doesnot segregate clients as well and maybe if you have big position you got "off quotes" as well despite you have clever robot....

Problem is they change that % how deep it allows you to go in a loss regularly .... their price is totally different from exchanges (sometimes +20 usd up sometimes down....) I incurred a big loss after a few succesful trades and unfortunately I didnot find good platform for trading 796 (their web pages is insufficient only a fool could trade on high leverage throgh 796 webpage)


my advice is.. forget on leverage and trade 1:1 on well known exchange, maybe with reliable robot, if you want to sleep and not sit in front of screen every night
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Board Speculation
Re: BTC-E crash to $150!
by
xenofanesSkarak
on 20/07/2015, 14:10:43 UTC
i think it's pretty obvious that this was a bear raid to trigger stops in a thin market. Someone smashed it down, triggering stop-losses and picked up a bunch of cheap coins. Yes, some standing buy orders will have been filled, and a few lucky people got some cheap coins too, but overall mostly people got raped and one entity made a huge profit.
All happened too quickly for any new orders to be placed.

Was it done with inside knowledge of the order book? Quite possiblly, but we will never know. Could easily have been the exchange itself.

I don't buy any 'fat-finger' theories. Rape and pillage much more likely IMO - this is Bitcoin ...

Just my 2c


Agree, I would also assume that it made BTCe itself probably. But you cannot have complicated triggers on their web page. You can done complicated trigger if you trade through API on your platform, but then I thought exchange,( nobody except the owner of platform) could see where did you put your trigger, and BTCe doesnot allow you to trade on leverage (except their tricky MT4, where I trade and see no volume). So how could BTCe know where people put their triggers?
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Re: BTC-E crash to $150!
by
xenofanesSkarak
on 20/07/2015, 14:04:37 UTC
When I woke up today and saw the on ZeroBlock app BTC went low at 150$ first reaction was a shock Shocked
started to point at other exchangers but everything there was fine there with price jumps.
just a little correction..btc-e is always lower a few bucks then the others..
I c no point of getting rid of coins for such a low price but a simple human mistake) or a bot mistake Grin

but BTCe is down from the morning what is very bad. Hope it is just DDoS. And I have problems to operate with my BTCe account through zeroblock or other platforms. Do you also have unaccessible BTCe?
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Board Speculation
Re: BTC-E crash to $150!
by
xenofanesSkarak
on 20/07/2015, 11:43:08 UTC

mr102 was a real event as tons of buy orders all the way down got filled.  
this seems more strange as there aren't many people celebrating getting cheap coin.  


I recall a fair bit of crowing when people got their lowball bids filled with the 102 event.

Some guy on BTC-e claimed he had a 35 BTC buy fill yesterday at 180. He was positively giddy about it Cheesy

might be possible. But you would have to have a waiting order, otherwise you could not catch it mannually. I was working on PC at that time so I saw it from the beginning. I tried to buy cheap BTC through MT4 but it was tricky since you got filled by completely different and much worse price and only by very small parts and finally I couldnot get out from the trade by any means. The pain lasted for 2 hours and the result was only a few USD profit. And unfortunately I didnot delete old order to sell when price drops under 200 (which caused me huge loss) so I think the drop could be caused also by some (old?) orders from other people which were left on some robots which are connected through API, so robots might started to sell BTC once price dropped.

I dont feel good about things which are hapenning at BTCe , especially when price is almost all the time 10 USD or more different from other exchanges. I wanted to move all my money from MT4 unfortunately BTCe web page is unavailable and without acces to their web I think I cannot send them request. Of course their support never responded so its useless to ask them, I think.
If anyone is interested about their MT4 write me PM, I can tell you more details.
At the beginning I liked their offer with MT4 however in last months it got spoilied, you cannot make big trades, you got bad filling, I wouldnot be surprised if they "group" users according to criterias, so I probably see different price than other users, strange is when price moves almost exactly according to your waiting orders (like it touches for a moment exactly your SL etc]  not to mention that MT4 price is completely different from other exchanges like OK coin so everytime you have to work separately with different numbers. It seems to me, they allow you only to make very tiny profit like 10 USd but once you try to get more you are faced with many obstacles. But if you dont set up SL or TP then you risk huge loss on moves like which were on weekend. So the only possibility is unfortunately to go away or you can blame only yourselves.
Unfortunately, I think MT4 on BTCe is a classic model of relationship broker - customer where customers profit is loss for broker, so broker takes care of "profitable" customers? Or is it not like this?
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Board Announcements (Altcoins)
Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion]
by
xenofanesSkarak
on 09/12/2014, 00:56:32 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
xenofanesSkarak
on 08/09/2014, 11:39:22 UTC
Beyond Bitcoin summarizes jl777 recent musings today, kind of like an audiobook.

Starts at 39:40

http://letstalkbitcoin.com/blog/post/beyond-bitcoin-13-one-to-rule-them-all

Great reading; exciting stuff.

thank you for sharing, it is really good to read...
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Board Service Announcements
Re: BitcoinWisdom.com - Live Bitcoin/LiteCoin Charts
by
xenofanesSkarak
on 06/09/2014, 08:41:21 UTC
you could also make more offers for paying service, not only without advert but some additional features like easier printing pictures, more exchanges and bigger history - eg vericoin has short history and again it makes D1 charts useless when you see onlylast  2 months
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Re: BitcoinWisdom.com - Live Bitcoin/LiteCoin Charts
by
xenofanesSkarak
on 06/09/2014, 08:38:56 UTC
Why would you not have cryptsy on there?  I realize it's not that popular with some people, but it is a busy exchange and whether I like them or not I want that chart!

Or perhaps you've hidden it somewhere?  It's not in the market drop-down list, which is where I'm looking.


hello

1] yes please add cryptsy - very stable and well known and established exchange. And ater all that years it is also possible to trade in USD there.
Cryptsy should be considered as important exchange despite volume is not high. It has a long history. If yopu could provide all historical data from cryptsy surely many traders will be happy.

2) I have again problem, when I move with wheel on mouse, I cannot adjust candles slowly. when I move wheel slowly, nothing happens and if I move with wheel faster I can see either the biggest or smallest candles. I tried restart computer but nothing helps, it is the same at wotk as well. in all browsers.
Last time this happened was 3 months ago and than suddenly you solved this and it was OK, and now it is the same again and this makes charts quite useless

edit

after some attempts I must say only last version of firefox makes charts unusuable, watching charts in MIE is OK
Be aware of new version of firefox (i think it some subversion of version 31.0? - firefox is still 31.0 but it told me that found new version and must restart...), it disabled all my add-ons without asking, You cant use bitcoinwisdomcharts... Unfortunately firefox cant be taken as No #1 choice for browsing as it was a couple of years ago... unfortunately they let other browsers go ahead...
for important things you need to use browsers which enable anonymity,
for common browsing is better MIE since application like bitcoinwisdom or trading tools are adjusted mainly for MIE.....

Post
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Board Announcements (Altcoins)
Re: [ANN]The Chain & LINKs | iOS/Android app | Referal Rewards | Free Coins
by
xenofanesSkarak
on 04/09/2014, 22:30:12 UTC
Please count me in,thank you.  Grin
My tweet
https://twitter.com/XenofanesSkarak/status/507656547288489985

Xenofanes
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Board Announcements (Altcoins)
Re: [ANN][-BITTREX]-[XBM][ PoS][4.7M][Anonymous][Encrypted Messaging][Web Wallet]
by
xenofanesSkarak
on 31/08/2014, 14:26:18 UTC

good news thanks for sharing...
but it has only 16x visitors so far (including me..)
when will be that big community which is mentioned in video??
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [HALO]Halocoin. ps and xbox... .[ESCROW][START NOW!]IPO[1/3 stages]
by
xenofanesSkarak
on 24/08/2014, 01:35:22 UTC
china dev ...ill buy if on exchange only wat if we buy it dont make it to exvhange??? we lose money...escrow ipos are scams
thanks, we will contact exchange soon.

sounds good ill be sure to purchase Smiley hope it happen soon

sounds promising
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Topic
Board Announcements (Altcoins)
Re: [ANN] NEM : Descendant of NXT - 4 billion coins - Equal Shares for ALL
by
xenofanesSkarak
on 28/01/2014, 04:05:58 UTC
Sent 0.016 BTC

Transaction ID: 48090679b3c8b3b02d65996c84272e8360a71b6ebac4dc3863a05276f0fb139f

(and check it immediately on https://blockchain.info/address/1Lk5Paws9T1YpoSeLeZT7ZeSQKW7UNq4TJ )
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Board Announcements (Altcoins)
Re: [CENT] Pennies launched
by
xenofanesSkarak
on 30/09/2013, 23:23:18 UTC
Ok, here's some Piggy Bank news:

0.9.4 will be released in the next day or two, just ironing out some graphical changes now. It fixes the stake issue by reducing the % of return on staked coins by a factor of 100. However, it keeps the 7 day stake and 14 day re-age, so you can keep saving you just won't get any more whopper payments. It will be released on my website and in multiple translations.

I have chosen a date in the future rather than a block number as the Pennies network moves a bit slow. The fork occurs at Midday, GMT on All Hallow's Eve, 2013. This gives all you holders a pair of fortnights to generate a bit more stake and those of you who want to get in a bit longer at reduced prices.

I'm happy pennies have been moved to LTC on Cryptsy, I prefer them in that market actually. Rough calculations have me estimating 8-10% of the overall supply of CENTs to be minted by the time of the fork.

On a completely different note, Physical CENTs have shipped and I should get them in the next week. If you're interested in one, they are going to be priced at .06 BTC including shipping in the US or Canada and available for sale on my website using CoinPayments.net. They will be loaded with 100 CENTs and as a bonus are trackable as a geocoin.

Thank you for introducing new version 9.4.
I checked your web http://andarazoroflove.org/cryptocurrency/pennies/ but didnot find information when must be installed new version 9.4. Can I loose my CENTs if I dont upgrade asap or today or tomorrow?
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Board Altcoin Discussion
Re: [ANN] Infinitecoin - IFC | V1.7 Released! *Mandatory Upgrade, upgrade ASAP*
by
xenofanesSkarak
on 29/09/2013, 13:03:48 UTC
devs, you know that every day the absence of trading, the coin is slowly dying?
I talked to the admins at Cryptsy, it will likely be relisted today. Has anyone contacted the other exchanges?

thank you for contacting the exchange.
Its good to hear this news about IFC and see that we can rely on developers help.
Shame that Cryptsy didnot inform anybody and didnot even react on my question so I must find the answer here.

I am sure it will help the coin and when it returns to cryptsy it will become a rolling stone and rise a lot in value. I believe IFC still offers many new excellent features with comparison to other coins.
It can easily grow even more than it did in August.
Post
Topic
Board Announcements (Altcoins)
Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency
by
xenofanesSkarak
on 29/09/2013, 12:58:50 UTC
No coin value can survive indefinitely based on speculators alone. Eventually the coin needs some practical purpose/use/adoption to have lasting value (in the sense of fiat value).

Compare XPM with Sexcoin - You can buy thousands products for Sexcoin, but nothing for XPM, and besides it sex industry move the internet.
But XPM is much more expensive and I believe it stays that high for some time.
Its hardly only because of speculators alone.
It is also because developers of XPM are well known and made stable coin with unique and excellent features. And community around coin is also stable and large.
Post
Topic
Board Announcements (Altcoins)
Re: The Future is here! NEW COIN Androids Tokens. ADT.
by
xenofanesSkarak
on 29/09/2013, 12:49:14 UTC
currently ADT trading is paused on cryptsy...
Thank you very much fot this information and for the work on issue.
Its good to hear this from developers and see we can rely on your help.
Shame that Cryptsy didnot inform anybody and didnot even react on my question so I must find the answer here.

I am sure it will help the coin and when it returns to cryptsy it will become a rolling stone and rise a lot in value. I believe ADT offers many new excellent features.
It can easily grow more than IFC did in August.