well said

Thanks
I have read this article before... I have no doubt he knows way more than I... but I do not understand the premise of Bitcoin and Bitcoin exchanges as driving a trade protocol forward if speed is the main feature unless websockets is the alternative.

Does anyone have benchmarks for websockets vs FIX protocols for exchanges?

What is the best ways to create a meaningful benchmark between the two?

Thanks

Your assuming that all your trades will be placed at the local minima of the price trade series.

You do not have to compete with the bot, just let the market do its thing.

Yet, no SSL?

International exchanges need to all begin Smart Contract based brokerage interactions.

1)  The first iteration should be open transactions based.

2)  Blockchain solutions can be adapted in time when they are at mature levels for integration.

A smart contract based brokerage system will be essential for any international exchange that wants to be trusted by users overseas.

Current and future cryptocoin exchanges need to migrate to a hybrid centralized / decentralized system supporting real time trading with smart contract account reconciliation.

Realtime decentralized exchanges are far away and the usability for functioning distributed exchanges is still far off from what main stream users want to deal with on a UX level.

While crypto finance is generally anti-[Wall street, Banking] there is a lot to learn from the current landscape and mechanics of the main stream system because they (Wall street, International Banks) too are evolutionary driven towards a faster more efficient financial system.  Accountability may very.

Basically by starting an Open Transactions trade services, exchanges will be able to create accountable real time trading similar to how trade clearinghouses and prime brokerages function in the mainstream financial industries with trust-less guarantees.

Bter and other international exchanges need to all begin Smart Contract based brokerage interactions.

1)  The first iteration should be open transactions based.

2)  Blockchain solutions can be adapted in time when they are at mature levels for integration.

A smart contract based brokerage system will be essential for any international exchange that wants to be trusted by users overseas.

Current and future cryptocoin exchanges need to migrate to a hybrid centralized / decentralized system supporting real time trading with smart contract account reconciliation.

Realtime decentralized exchanges are far away and the usability for functioning distributed exchanges is still far off from what main stream users want to deal with on a UX level.

While crypto finance is generally anti-[Wall street, Banking] there is a lot to learn from the current landscape and mechanics of the main stream system because they (Wall street, International Banks) too are evolutionary driven towards a faster more efficient financial system.  Accountability may very.

Basically by starting an Open Transactions trade services, exchanges will be able to create accountable real time trading similar to how trade clearinghouses and prime brokerages function in the mainstream financial industries with trust-less guarantees.

Bter and other international exchanges need to all begin Smart Contract based brokerage interactions.

1)  The first iteration should be open transactions based.

2)  Blockchain solutions can be adapted in time when they are at mature levels for integration.

A smart contract based brokerage system will be essential for any international exchange that wants to be trusted by users overseas.

Current and future cryptocoin exchanges need to migrate to a hybrid centralized / decentralized system supporting real time trading with smart contract account reconciliation.

Realtime decentralized exchanges are far away and the usability for functioning distributed exchanges is still far off from what main stream users want to deal with on a UX level.

While crypto finance is generally anti-[Wall street, Banking] there is a lot to learn from the current landscape and mechanics of the main stream system because they (Wall street, International Banks) too are evolutionary driven towards a faster more efficient financial system.  Accountability may very.

Basically by starting an Open Transactions trade services, exchanges will be able to create accountable real time trading similar to how trade clearinghouses and prime brokerages function in the mainstream financial industries with trust-less guarantees.

I have been back and forth in my own mind about the merits of trading virtual currencies.
Initially I was very skeptical because it seemed to be the only activity people all participated in.  I then worried that Cryptocoins would have no value because of trading unless they are used for goods and services.

I now think any blockchain technology will need a market of speculators to drive developers to continue work on their unique solution.

So "Do bots harm the markets?"

No.  The most aggressive bots are the market makers who do really provide liquidity as a service.

Sentiment on the fundamental value of Bitcoin seems to have driven the market for the last year.  Up until the last month, the market has been resistant to good and bad news and just continues its correction from the all time highs.

The best investment you can make in Bitcoin is to learn about it so you can make speculative decisions should you want to.

I have been working on portfolio viability research.

Its not clear yet if Ethereum will be able to actually initiate transactions for other block chains, as of now Ethereum does not seem to support this as a demonstrable feature.

Best bet is to build a wallet for your coins with exchange automation built in.

thanks, I will look into these.
Got the petertodd.org on IRC

is there a dns server I can look up testnet peers?

Is the price data available to download from Bitcoinwisdom?

This? https://bitcointalk.org/index.php?topic=20377.0

Bump Bump

bump bump

30% off softlayer bare metal and vps for one year pay by the month

Done

I'm a code slinger on a team with surplus Softlayer credits for VPS and bare metal servers.

Pitch me an offer and I will try to make it happen (The team's business manager has final say).



twitter: @james_rubino

reddit: /u/jcrubino

Which is bad?

The exchanges or the trading bot software?


You seem to be a fan of at least one bitcoin exchange.

Great to see.

(Yes some of what I am interested in finding out is what kind of development is going on around Bitcoin that is not related to fast exchanges)