Bitcointalk genjix nz forex daily commentary on


Anyway I've read through the bulk of it. I think it was genjix himself who deleted it as normally the admins don't delete such stuff John johnthedong on July 19, I did a refresh and the emails were gone. Amir was almost certainly breaching the NDA by posting them. It's possible that they were removed for legal reasons. Wish I'd screen-capped them bitcointalk genjix nz forex daily commentary on, not to post them but to digest them more fully - I only did a quick read through of the most important points.

Wish I'd clicked on the links to the pdfs too. He states that he have removed the NDA and sensitive stuff from the emails already. I wonder why they still got deleted There was some stuff in them which could be regarded as sensitive. Instead of me looking through, and making mistakes, I'll just dump what I have: For the file Jason Rev Sorry about all the hassle http: Donald was saying that flooding articles all at once is not good, I should release them steadily to give people time to digest them.

Also we've plugged our biggest leak which is Bitcointalk genjix nz forex daily commentary on many people think Intersango is a new exchange although I think Nefario really dropped the ball in that court and I'm going to be picking it up. The bitcoinica plan is that patrick rewrite this site and i help you with the logic bitcointalk genjix nz forex daily commentary on the hedging bot. That's waiting on you looking at the code. The speed of this is crucial because not only does it help both Intersango and bitcoinica but at the same time it takes volume from mtgox.

Tripple whammy Once this console is up obv I can do payments and do pretty much all the support for intersango. Despite having nefario on support, I've pretty much done his support job for the last two weeks. I'm also going to be taking over the site PR from nefario too as I don't think he's doing too good bitcointalk genjix nz forex daily commentary on job on it. He's slowly improving bitcoin media though very bitcointalk genjix nz forex daily commentary on. I am still dipping into my savings for my own person costs despite living like crap although crap in Serbia isn't bad because it's hard to know how much money we're making with Intersango.

Once the accounting comes up it'll be really easy. Then we need to factor a bunch of stuff and it's better to wait until we're at that point even if it's just a few days away. The things we bitcointalk genjix nz forex daily commentary on to factor in is whether I should go around opening bank accounts for local options after working on this book and hedging bot together or not. Also, is Berlin the best place for us to be? The friction of moving and setting up is great and so is the cost.

I've said this many times before. We're making good money now also means that we should plan well. This should be a long termish set up, not 2 months. Get nice computers and have enough space to work comfortably and productively. If we were to look for a place like I did in Poland with such little time, we're going to be incredibly limited.

I found 2 suitable places in such a short time in poland and one ended up backing out on me. If the other one hadn't, we'd have had to be in hotels longer. The amount of bullshit bitcointalk genjix nz forex daily commentary on seen hasn't just been with banks so let's plan for the worst and stop paying the poor tax.

As for employing someone else, 2 days ago I had a really long talk with Mitchell about hiring people and he explained what went wrong with nefario. The next person we hire might also be a bust but nefario was way better than necro who I warned you strongly about before he even buying the plane ticket the names necro and misery should have been enough and just like investment and banks, a good person to do even menial shit is fucking hard as hell to find so be patient.

Another thing is that, once our operations in bitcoinica have become more concrete I'm going to talk to tihan further about bitcoin. We touched the issue with Patrick in New York and it's only natural that we'll very likely be able to do something with bitcoin.

But it's too early to approach Tihan about that now. If you don't understand why intuitively we can talk about this more. As with the content of BitcoinMedia, Bitcointalk genjix nz forex daily commentary on have had many conversations with you bitcointalk genjix nz forex daily commentary on improving it. Having 8 articles in a row that you have written is a huge detriment to the site, esp if you can put other authors in between them. Otherwise it really is just your blog.

Putting those 2 that the Asteroids guy did is a disservice to that guy. Having ready made articles set up for times when bitcoin news is slow is also smart. I've also had like more than a handful of conversations with you about [snipped - personal] gives us only risk and no benefit whatsoever. Still, I have had to stress out and have many conversations with you to not [snipped]. Many times I have to go through the same story about why not to invite trouble.

That [snipped] is a dramatic example of something that happens every bitcointalk genjix nz forex daily commentary on. We're living in a world were people do get discriminated against especially uswhere people do falsely get accused and go to jail, and where people do get sued and usually for less stuff then insulting a Senator across 17 radio frequencies. You are the only person that I know who has run away from security guards and fleed when the cops were called.

It is smart for us to be careful about how we act publicly until bitcoin becomes more accepted. Thu, May 3, at 5: I want to deposit money on Bitcoinica To: To my surprise and maybe yoursit seems that we bought some Bitcoins at too high prices. This might be an explanation for the drop in equity for recent week.

I'll take these actions to try to rectify the problems: Since the increase in guaranteed liquidity, our percentage hedge has increased a lot. It makes sense to "play big" since the market is more mature and much less volatile.

We can always revise this decision if anything changes. If you permit, I will adjust between the range of 1. Gox fee is 0. We actually made a lot of money from position liquidations except for the huge and forced onesbecause they often take place at relatively unfavourable prices for the trading range. We have a huge open interest right now about K BTC for both sides so our potential profit is high. The biggest problem right now is that the market doesn't move.

Also, I propose a new feature to increase our revenue: We don't have to "settle" for our customers. We can allow them to settle themselves at the prices they like. However, we are going to charge the Sell interest when they have negative balances. A forced-settlement system will be implemented instead. The benefit of this system is to make the money flow faster within the Bitcoin economy and we can rely on Mt. It's like the bank's overdraft facility that charges insane interests.

But Bitcoin needs this. Lastly, I have lowered the spread for the Exchange feature in a previous git commit. The next thing I'm going to do is to limit the number of exchange transactions each minute to prevent abuse, and then make the spread more reflective of actual market liquidity. Then, we can offer the Exchange feature to the mass audience because they can pay less to exchange money on Bitcoinica.

Exchange transactions will move the "surplus". They are always some nice small market orders that generate profits for us. I can make a living without the salary, so skipping a few months before resolving the problem completely isn't really the problem. Anyway, I'll try to squeeze some time to implement these changes as soon as possible. And if it's unprofitable for them, they shouldn't continue dealing with me. They're legit and what they are doing is viable. BitPiggy has much more starfish than bitcointalk genjix nz forex daily commentary on, but this makes them look legit.

I'll look out for it. He does contract work in Patrick's town and he knows Rails and bitcoin. Speaking of that, Zhou I wanted your thoughts on the financial situation. As you know, Bitcoinica went from cranking out 6-figure profit one month to a flatline the next. I covered most of the deficit from the hack on the assumption Bitcoinica profits would quickly fill in the rest. What's happened instead is a consistent equity leak that has remained unresolved for two months.

We've gone from being short 40k to now being short 88k. The Bitcoin Consultancy guys are aware of the problem and will be making this their top priority as soon as they're up to speed on daily operation.

In the bitcointalk genjix nz forex daily commentary on, any company expense would be coming directly from user deposits. We all feel this would be wrong.

Patrick, Donald and Amir have agreed not to take any salary until the deficit is filled. We'd like to ask if you would consider doing the same. On May 2,at 4: