 Normal scale  Log scale This shows how many connected nodes there are to Bitcoin since December. The first date displayed is December 18, 2010, and the last date displayed here is July 12, 2011. I used the data from http://dump.bitcoin.it/misc, and counted the number of occurrences for Status:"Up" for each day. As you can see, Bitcoin is not dying. |
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Sorry, but you'll have to do better than this to prevent a rally.  |
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Yes. I would obviously pay my back my credit card balance, like I always do.
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He is always ready to give you a crash after your panic buying.
Keep money in hand and be patient, withdraw your open bid orders, to help the price fall, and you will get cheap coins.
Be afraid, be very afraid. I don't see what's wrong with being aware of the existence of the big holders, especially those ones who are always ready to slash the market. Stop yourselves from panic buying and always being patient, you will get better chance to buy in at a cheap price. Because slashing the market is in the interest of big BTC holders?  People have different view about the future of bitcoin. Maybe the big BTC holders are not big believers. you repeatedly put up these threads trying to spread FUD. why don't you put you money where your mouth is if you're so sure the way its headed. you ignored my bet offer in the last thread so i'll repeat it here: i'll bet you 100 btc that the price of btc will be higher in USD one year from now than it is today. put up or shut up. That's a terrible bet for him. If you win, you get more value in winnings than if he were to win. You need to bet something that has sticky value such as dollars. |
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How funny would it be, if JP Morgan mined all remaining bitcoins overnight, effectively becoming the central bitcoin bank?  There's no way their supercomputer is more than even 10 petaflops. |
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I'm thinking of making it so you can define lots of custom rules.
Like "If X indicator is above this, then do Y". Or "wait until time > Saturday morning, then execute this different behavior".
So you tell the Bot how you want it to act, and you can also simulate it on past market data. Everyone has different amounts to invest and different levels of risk, and they might have beliefs of where the price will go that are not just pure mathematics, so one algorithm wouldn't fit all.
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I will keep you guys posted.
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Ok, I'm definitely going to work on this. If someone could make a brief list of simple features to start with, that would be helpful. It will start out as pure CLI. Eventually I think it would be cool to tweak different custom options and have mock visual graphs of what would happen if enabled, with the trade data that took place.
THere is already a php library for mtgox trading.... maybe might make more sense to write in in cli php? Or are you more comfortable with python? Python is better, I'm going to stick with it. The "php library" for Mtgox is a PHP page that is rendered by the server into plain text or JSON. It isn't PHP code, I believe. was referring to this: https://github.com/mikegogulski/bitcoin-php/blob/master/src/bitcoin.incI am going to make it from scratch. That PHP code doesn't do much except access the Mtgox API. |
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Ok, I'm definitely going to work on this. If someone could make a brief list of simple features to start with, that would be helpful. It will start out as pure CLI. Eventually I think it would be cool to tweak different custom options and have mock visual graphs of what would happen if enabled, with the trade data that took place.
THere is already a php library for mtgox trading.... maybe might make more sense to write in in cli php? Or are you more comfortable with python? Python is better, I'm going to stick with it. The "php library" for Mtgox is a PHP page that is rendered by the server into plain text or JSON. It isn't PHP code, I believe. |
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Ok, I'm definitely going to work on this. If someone could make a brief list of simple features to start with, that would be helpful. It will start out as pure CLI. Eventually I think it would be cool to tweak different custom options and have mock visual graphs of what would happen if enabled, with the trade data that took place.
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The first two are barely implemented, and for the third the owner wants commission for some reason. |
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I was just thinking this would be a cool idea to make. It would be in Python. I might do this, if just for fun.
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An ounce of gold.
Someday we will mine gold in space from asteroids or other planets, bitcoins are limited to 21M. So for me an ouce of gold = 0.01 BTC. Although this is true, there are also Namecoins which will reach 21M. |
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There are just so many potential problems with this idea: - You want to have a central authority distribute goldcoins and have them store gold as backing?
- Is the central authority going to pay to store the actual gold needed for backing.
- Where does that money come from?
- Who is this central authority and why would they do this for free?
- Why would they not steal your gold?
- Where do the goldcoins come from if not mined?
- Does the central authority just mine the goldcoins themselves and then sell it for gold?
- If mining does not create goldcoins, then there would be no miners. If there are no miners, who keeps the blockchain secure?
- Where does the initial trust for goldcoins come from? Why would I use real money/gold to buy goldcoins?
I think anyone can mine the goldcoins, and then redeem them at the exchanges for gold. |
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bump
You're still here? I thought you're done with Bitcoins. |
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What should I change the title to? Tradehill slow deposit?
Yes. "Trade hill slow deposit. Any advice?" or something like that. |
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Could you change the title? You're being an alarmist douche.
I really wish we had a downvote function on these forums. They are going to shit.
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Someone should make an open source trading bot. Maybe I should do this.
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This entire market may well depend on whether some 17 year old kid who started mining for a lark back in 2009 now really wants to get his hands on a Porsche!
It's funny because it's true.  He would've already sold many of his coins by now. Also a 17 year old would not have found out about Bitcoin back then, or it would be extremely unlikely. |
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