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Updated with resume link.
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Then it dawned on me: that was probably the bot that placed these orders  Maybe you, maybe someone else using your code. Probably not mine. I never had enough funds to make those nice obvious staircase patterns. There are other bots that do the same thing, such as this one. |
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I'm pretty sure this is at least a "known" strategy, since it's naive and trivial. Maybe it's too naive and trivial to even be called a "strategy", I don't know.
I believe this is known as a "market maker" strategy. You're not making predictions about price movements (other than that there will be general volatility), you're just profiting by providing liquidity and dampening volatility. I think maybe this is something one can have running when one doesn't know what to do, sort of as a housekeeping strategy.
This is what I've done. It's not nearly as good as correctly calling the big moves, but it's better than doing nothing. I wrote a bot to do the trades for me, although it doesn't specifically try to keep BTC balance equal to USD balance. |
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A lot of the wall at $2.1 got sold into. About 10k of the initial 20k where left, when it disappeared.
The last of it was finished off by a single 10k BTC sell. I saw it scroll by on MtGox Live when it happened. |
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What do the superscripts next to the buy and sell prices mean? For example: 4.95185 / 5.11881
What do the 5 and the 1 mean there? |
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Experience level? Previous work?
2-3ish years of professional programming experience. Most of that has been desk jobs. I'm relatively new to freelance work, though I've had a few clients so far and they've been satisfied with my work. I can provide references on request. The source code for most of my previous work isn't available, but I do have some examples I can show: - AEIOU was a digital bearer certificate system that I worked on a few years ago as a solo project. I never considered it finished, but it is functional as a demo.
- My github account contains some of the more recent code that I've worked on.
Feel free to post any further questions here or PM me. |
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You could revive the adult section on the bitcoin.it Trade page if you're willing to edit-war with Luke-jr over it. I'm willing to help, and I'm sure others would be as well.
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I don't know if Bruce is or isn't what people claim him to be, but I'd really, REALLY like to hear his side of the argument or otherwise I will consider it as him admitting to failure and accepting all the things that are being said about him as truth.
This was his last post on this forum, about the Bold Funding thing: https://bitcointalk.org/index.php?topic=40404.0It's pretty much just hand-waving, and gets picked apart in the rest of the thread. |
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Exchanges don't need to partner with existing pools to do this. All it would take is for one exchange to add a new API call to send BTC to a specified account name, along with an option to immediately sell those BTC for fiat. Once this happens, every pool would have access to it, and we're back to business as usual.
Now that I think about it, this would be excellent for merchants too.
But you can already do this with mtgox. The deposit address remains valid for multiple deposits. You can put in a huge standing sell order for the minimum you'll accept for BTC - as soon as your coins arrive mtgox will sell at whatever the current price is. How is that different to what you mention above? Hmm, I guess you could do it that way too, but it's a bit hackish for the end user. The way I suggested, you just give the pool your exchange account name and it works. |
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Edited the original post.  |
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Exchanges don't need to partner with existing pools to do this. All it would take is for one exchange to add a new API call to send BTC to a specified account name, along with an option to immediately sell those BTC for fiat. Once this happens, every pool would have access to it, and we're back to business as usual.
Now that I think about it, this would be excellent for merchants too.
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Whether people like him or not, the truth is this currency is now being held by thousands of people.
Please provide a source for this assertion, other than "CoinHunter said so". |
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Everything that's happened helps Bitcoin. Bitcoin gets to learn from the mistakes. CoinHunter took code he didn't understand, broke it, ArtForz found an incidental bug as a result, and Bitcoin will benefit, but SolidCoin will not, because CoinHunter hasn't been able to figure out a solution -- other than just making SolidCoin be more like Bitcoin and giving up some of his precious "important" features about why SolidCoin is "better" than Bitcoin.
Gavin even posted the patch that ArtForz submitted in one of the SolidCoin threads. CoinHunter might be too proud to use it, though. |
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It was weird, I never looked that deeply into ixcoin and could tell it had scam on it, but I am still not catching SolidCoin as a scam, just horribly horribly handled is all.
I've always gotten the impression that CoinHunter was doing this to stroke his ego, not to get rich. |
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I meant what I said in all cases. I am 100% here for profit and no other reason. I have zero faith in any crypto-currency.
Anyway Back on topic
Can someone fork Solidcoin with a new block chain?
"Hey guys: fuck you, got mine. Also, can someone please do a bunch of work for me for free?" |
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This is now possible — unofficially. To subscribe, email btckink@gmail.com with your desired site and account name. (Note that you can create an account for free.) I'll reply with the cost and receiving address. After you pay, the subscription will appear on your account. This is a month-by-month subscription. Obviously, if you don't want to reveal your personal email address, you can simply make a new email address to use. If three people sign up, I'll automate this more and make a website. If ten people sign up, I'll try to get more official support from kink.com. Think of it as an investment in your Bitcoins and a gift to the community. Official support here would be huge publicity. So have you talked to them, or is this something you're doing on your own? |
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The fixes I'm talking about in other posts aren't anything to do with this current issue which I awoke to today, Bitcoin is buggy as hell.
Where are those fixes, exactly? I didn't notice them in your commit history. Can you point them out? |
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