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Topics - bitmarley

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Technical Support / Bitshares via Tor
« on: February 02, 2015, 12:32:04 am »
I am using these startup sh commands on linux to start bitshares via Tor. The client appears to be working fine and fast, do you think its working correctly via Tor? Are there any other key considerations to keep in mind running bitshares via Tor like this?

export https_proxy='socks://localhost:9150'
export http_proxy='socks://localhost:9150'
BitShares %u

General Discussion / Inverse OIL : bitOILshort
« on: January 28, 2015, 12:04:33 am »
Nobody wants to short oil at $40 and pay interest.
But what if the price feed for oil was inversed? The price feed formula for bitOILshort would equal 1/bitOIL.
Thereby those who buy bitOILshort get the yield instead of those going long bitOIL. 

General Discussion / 2015 Zeitgeist = Diversification = Bitshares!
« on: January 28, 2015, 12:00:25 am »
"I hope that when the collapse happens, I'm only going to lose 50% of my money." Marc Faber

Marc Faber is very informative and he has been talking about diversification.

Diversification is the big theme for 2015 and just in a nick of time bitshares puts the right crypto-platform at our fingertips.

bitUSD, bitGOLD, bitCHF, And imagine when we have even more bitAssets: bitOIL, bitDOW, bitHUI, bitCHINARealEstate? !!

And bitINDEXES!!!! With Bitshares its never been easier to diversify!

Technical Support / 0.5.3 not syncing
« on: January 26, 2015, 10:49:58 pm »
Its connecting to 10 plus peers but the the catching up block number is stuck. 

Any ideas how to fix this?

General Discussion / BTS price falling ... I would buy more if .....
« on: January 26, 2015, 09:17:38 am »
I would buy a lot more BTS if I could exchange directly from my bitcoin cold wallet into my bitshares cold wallet without being exposed to counter party risk. i.e. no central exchanges or gateways. Thanks to DPOS bitshares is capable of doing this. One way is that delegates can auto-escrow the market since blockchains are public its just like a "price feed":

Perhaps there are better ways of achieving the same objective but whatever way it happens this capability would have a huge impact on liquidity and price of bitshares.

Technical Support / V 0.5.0 cold wallet instructions
« on: January 21, 2015, 10:04:22 pm »
Version 0.5.0 is meant to include cold wallet features. Can someone provide instructions on how to use those features?

1. Create watching only wallet
2. Create unsigned tx in watching only wallet
3. Load unsigned tx in cold wallet
4. Sign unsigned tx in cold wallet
5. Broadcast signed tx in watching only wallet


Technical Support / startup error - 0.5.0 release linux
« on: January 20, 2015, 09:37:03 pm »
I downloaded the 0.5.0 release from here:

unpacked it and there is only 1 file: "bitshares_client"

when I run it I get the following which I don't understand:

Loading blockchain from: /home/user1/.BitShares/chain
Loading config from file: /home/user1/.BitShares/config.json
Not starting RPC server, use --server to enable the RPC interface
sendto: Operation not permitted
(wallet closed) >>>


OK I admit to not fully understanding bitshares so this post could be way off. If so sorry in advance! :/
OR this is crazzzzzy awesome man!! So... I think bitshares can do direct BTC exchanges.
Just like with Price Feeds, delegates can "price feed" a public bitcoin address.
So a BTS:BTC market could be managed trustlessly in the bitshares client like this:

1. The bitshares wallet is updated to include bitcoin wallet features.
2. A standard BTS market is created but BTC bids include the target bitcoin public address as meta-data.
3. Using the bitshares client a BTC holder can accept BTC bids and so the bitshares client broadcasts a bitcoin transaction encoded with their bitshares public address (and maybe the bid ID).
4. Since delegates have a "price feed" mechanism they can monitor the bitcoin public address and after 6 confirmations the delegates can safely process the BTC bidders side of the deal by releasing the BTS tied up by the bid to the bitshares public address encoded in the bitcoin transaction.
5. If the BTC bidder wants to cancel they would need to wait like 2 hours so delegates can make sure no bitcoin transaction is processing.
6. For BTC offers only the BTC holder can trigger the market transaction so BTC holders would need to be logged in to the bitshares client otherwise their offer would be grayed/suspended.

Sounds too good to be true. But I thought I should at least share the idea. :)

General Discussion / I want to buy more BTS but .....Fear of being hacked
« on: January 08, 2015, 12:00:39 am »
Its hard to buy more BTS cause I am scared of being hacked.  ???

Is there OTP authentication support?
Is there easy cold wallet setup that you can spend from via hot wallet?

I don't understand how delegate slates work.
There is an option in the client under MyAccounts>Vote "Vote as My Delegates Recommend"
But I don't know how to look up what the slate recommendations are?
Can someone please explain how to pick a particular slate in the client - do you just vote for 1 delegate who is running the slate you like?
Where are the slate debates?


In order to get the BitShares client connecting on linux I had to create firewall rules for ports 1776.

But that is not enough. It seems that to bootstap the connection a random port is used before the client settles to port 1776.
I'm not great with network admin and need help. At the moment I have to momentarily turn the firewall off/on in order for the client to connect which sucks.

Does any know the correct way to config a firewall for the QT client?   

Random Discussion / Why 101 Delegates? Why not 1001?
« on: January 06, 2015, 10:02:26 am »
The way I currently understand it 101 delegates seems like very few. Given that some delegates could actually be the same person that means that <101 people are acting as delegates.

That seems like a very small number of people. If all their identities were known could that be a security concern?
Why not make it 1001 or 10001 delegates?

Technical Support / The account is not voting with some of its stake
« on: January 05, 2015, 10:52:14 pm »
I see a exclamation message near my account:
 "The account is not voting with some of its stake. Consider updating your vote."

I figure I should go to the Delegates area and THUMBS UP delegates that I like. But I don't know how many times I should do this.

Is there a way I can see how much "stake" I have and what portion is still "unvoted"?

Can I communicate with delegates through the client?

Technical Support / Wallet Backup Procedure - Best Practice?
« on: January 05, 2015, 10:24:22 pm »
Can someone please advise as to the best practice for backing up the bitshares wallet?

Is it as simple as exporting the wallet JSON file?

Is there an option to create a brain wallet (like Electrum for bitcoin) ?

Is there a method for creating a cold wallet?

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