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2581  Other / Meta / Re: Require a registration fee for the Bitcoin Forum? on: June 09, 2011, 02:22:35 AM
I'd like a way to hide/ignore threads I'm not interested in. Is this possible with the current forum software?

Either that, or I have to write my own greasemonkey script or something.
2582  Bitcoin / Bitcoin Discussion / Re: Gentlemen, tell me what you want to see in a BTC exchange. [Bitcoin Reward] on: June 09, 2011, 01:18:54 AM
1. Live charts - take a look at any of the forex dealers, they have price widgets on a top bar and chart displays nested below.
2. Price Widgets - Bid/Offer and size of the closest bid and offer underneath. Be nice if the bid or offer flashed a color when updated.
3. Rudimentary Technical Tools - Moving averages, trend lines, RSI, Stochastic, Bollinger Bands
4. Payout options - send to several different Bitcoin wallet addresses at the same time if needed
5. Trading Statements - Buy/Sell, Quantity, Price, Timestamp, Cost Basis, Profit/Loss, Full or Partial Fills indicated
6. Order Types - Limits, Stops, Market Orders
7. Sliding fee scale based on volume of the trade - encourage liquidity for larger chunks
8. Darkpool listing of orders over a certain limit - choice to show/hide bid/offer on book

That is all I can think of at the moment.

Best of luck on the venture!

2583  Bitcoin / Bitcoin Discussion / Re: We are getting thrown under the bus by our goverment on: June 08, 2011, 04:04:05 PM
Japan is a baby state of USA since WW2

If the banks decide to freeze MtGox accounts it will cause the price of Bitcoin to plummet. We're all taking this risk

'The banks'?

And how would they achieve this miracle, exactly? Last I checked 'the banks' don't have any influence over Mt. Gox. Worst case scenario, btc gets frozen and another exchange takes its place. That is the beauty of a system that doesn't rely on central control. After a while, we won't even *need* exchanges.


2584  Bitcoin / Bitcoin Discussion / Re: Look at the Price and Facts People on: June 08, 2011, 04:01:15 PM

They wouldn't buy them and hold them. They would dump them after some accumulation. You guys couldn't afford to make the price stable bitcoins crash people get burned. The media covers the story of how people got burned. Then everyone is afraid of any virtual currency.


Seems like someone should be a TV psychic with their own show.

How do you 'know' any of this? The truth is, you're just pulling things out of your ass and presenting them as truth. Please don't mind us, we're just trying to run away from the smell.

2585  Bitcoin / Bitcoin Discussion / Re: Geeks and Wallstreet on: June 08, 2011, 03:55:58 PM
How are they going to settle their trades then? In US dollars? That would be hilarious. High Frequency Trading depends on rapid price changes, and exchange kickbacks, or 'rebates'. I don't see Mt. Gox catering to that, and when they have to settle up at the end of the day, they'll have to wait for confirmations on their BTC.

Don't see how it is viable for HFT to creep into the system using BTC in any fashion.
2586  Bitcoin / Bitcoin Discussion / Re: Bitcoin price crash response: buy all bitcoins at production cost? on: June 08, 2011, 03:43:06 PM
The parent poster question makes no sense. I'm not buying bitcoin because I care what they 'cost' to make. I buy them because I see value and security, in addition to the pseudo-anonymity it provides. There are many things that are backed by a belief in value versus their intrinsic cost.

The only way I'll stop buying bitcoins is if the entire system isn't functioning. I truly doubt that will occur.


2587  Bitcoin / Bitcoin Discussion / Re: anyone else discouraged? on: June 08, 2011, 03:25:45 PM
What benjamindees probably meant was:

Quote
The bitcoin system is based on public/private key encryption in addition to public transaction record in the blockchain. There is no need to trust another user, because the system takes care of security for you, preventing any kind of 'chargeback' or 'reversal' scenario by its design.

Anyway, I say follow the trend until the trend tells you otherwise. To predict is foolish, to be on the right side is divine.

Do what you can, there are millions of people out there who aren't informed as you are now. You still have time.

2588  Bitcoin / Bitcoin Discussion / Re: Geeks and Wallstreet on: June 08, 2011, 03:18:08 PM
My personal opinion is that when wall street truly gets it, the bitcoin speculative bubble will make the internet bubble look tiny in comparison.

True, but they won't be happy the 1-block-per-ten-minute throttle will effectively kill any attempt to build a High Frequency Trading system. I on the other hand, am ecstatic about that fact.

2589  Bitcoin / Bitcoin Discussion / Re: % Daily change? on: June 08, 2011, 03:15:50 PM
Easy enough to compute on your own with an excel spreadsheet scraping URL data.

Formula:

((A-B)/B)

Where the larger value is put in 'A'.

Easy-peasy!
2590  Bitcoin / Bitcoin Discussion / Re: What if possession of bitcoins or bitcoin software is outlawed? on: June 08, 2011, 03:13:09 PM
The same thing that 'happened' with bittorrent.

1. Announcement

2. Collective shrug

3. Business as usual

2591  Bitcoin / Bitcoin Discussion / Re: [POLL] Predict when 1 Bitcoin = $100 on: June 08, 2011, 03:11:28 PM
I'm going with september, just to cover any possibility of some profit-taking along the way.

Buckle in, folks.
2592  Bitcoin / Bitcoin Discussion / Re: Garzik encourages regulation on: June 08, 2011, 03:08:45 PM
You all realize that exchanges become obsolete once enough merchants switch over, right? They are just a step on this long journey to replace abused and flawed currency systems world-wide.

You'll see.
2593  Bitcoin / Bitcoin Discussion / Re: Geeks and Wallstreet on: June 08, 2011, 03:07:12 PM
Geeks: Here's bitcoin. It changes everything.
Everyone Else: We don't get it, we're more comfortable with our soft green toilet paper.
Geeks: Cool, more for me!
2594  Bitcoin / Bitcoin Discussion / Re: Look at the Price and Facts People on: June 08, 2011, 03:05:48 PM
I don't think anyone needs to rack their brain to figure out a way to destroy bitcoins. Seems easy to me it just takes money.

I'm sure the US government has been a major buyer of bitcoins for months maybe even from the start.
All they have to do is dump it on the market. You guys couldn't afford to buy it all to stop the fall. 90% of you guys are weak holders you'll run away just a fast as you ran in. 

Guess what happens when they get down to parity? We'll buy them all back. Have you ever traded before? Because the theories you are putting out there suggests otherwise.
2595  Bitcoin / Bitcoin Discussion / Re: Look at the Price and Facts People on: June 08, 2011, 06:57:19 AM
The best part about 'regulated' exchanges is it placates the government. Until they realize later that bitcoin's overarching goal was to supersede being exchanged into a local currency. At that point they'll bluster and call out "No Fair!", but we'll be too busy having fun to notice much Smiley
2596  Bitcoin / Bitcoin Discussion / Re: Extended Difficulty Forecast on: June 08, 2011, 05:23:24 AM
I appreciate your forecasts. Keep up the good work!
2597  Bitcoin / Bitcoin Discussion / Re: Reminder - 60% of world population cannot access computer so Bitcoins will fail. on: June 08, 2011, 12:26:32 AM
Reminder: gabgab is a troll that can't even pass the Turing test.
2598  Bitcoin / Bitcoin Discussion / Re: Current Price Stability due to influx of new miners? Or... on: June 07, 2011, 07:01:31 PM

Can you buy a passport with Bitcoins?


Can you buy a vote with the dollar?
2599  Bitcoin / Bitcoin Discussion / Re: US Default = Rise in BTC price or fall in BTC price? on: June 07, 2011, 06:50:11 PM

A lot of speculation here, but I guess there is no real way to tell what the hell might happen.  Let's hope it doesn't.  


I'd rather not find out by a default, no. I suppose what I'm trying to communicate is any major disruption in the world reserve currency would result in people fleeing to other alternatives. That would include bitcoin, I'd imagine.
2600  Bitcoin / Bitcoin Discussion / Re: is it true? 30% of all Bitcoins owned by at most 100 people? on: June 07, 2011, 06:37:26 PM

I understand their importance. But if this were actually a cavalier venture into developing an open source cryptocurrency, they could have simply asked for donations instead of building in a pyramid of wealth and declaring it a matter of deflationary economics. Seriously, what is the deal with satoshi's disappearance?


He/She probably wanted some peace from shrill alarmists until the system proved itself. That, and not being a visible target when governments finally figure out that they've been rooted to the core.
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