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2721  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: October 24, 2020, 09:41:20 AM
I hate to see that I never got a good score in validation because of too many irrelevant filps, I hope that the team may study how to prevent the bad flips, because even you are smart enough, you can never understand most of the flips in validation time.

I hope that team will 100% focus on sharding/oracle/smart contrants. IDENA (validation) is not about making people fill good about how high their score is (how intelligent are they). It is about separeting bots from real person. Real person is someone with more than 60% in short, 75% from 10 shorts and 75% in long session. If you have more than it means that your score is correct (real person is verified, bot is separated) and validation session works correctly.

BTW:


And this includes all errors (f.e. flip didn't load), my obvious mistake because of validating while being drunk etc.

To be honest ... lately i was thinking that dumb, no sense flips is a double-edged sword. Its harder to validate because of them but ... its also impossible for AI to figure it out. And we ... humans will always try to think what would majority do with such dumb flip and in most cases it works. AI will go random in such situation. So dumb, no sense flips do their job too (separeting bot from real person)... maybe even better than obvious flips (car driving, car crash, hospital, cemetery) because they are (or they will be) easy for AI.
2722  Economy / Trading Discussion / Re: I've built software for crypto arbitrage, and I'd love your feedback on: October 23, 2020, 07:49:30 PM
An arbitrage bot doesn't need OHLCV, that was just an example for the sake of discussing how a bot would handle avoiding API rate limits.

Got it.

The platform has been built with plans to support a number of different types of bots (spatial arbitrage, triangular arbitrage, four point arbitrage, scalping, etc) so it supports a number of real-time data feeds for bots to use.

For every strategy that you bring OHLCV is not needed. Maybe except scalping but as long as it is completely different strategy for completely different clients i doubt that it will even be in use of this bot but... considering current PCs computing power i also doubt that it is a problem that it was implemented.

On a standard desktop I'd estimate you may be able to run a bot against a max of maybe 10-20 or so trading pairs, depending on a number of factors.

Great, good to know that. I think that major factor in this (considering constant computing power) is orderbook depth that bot is subscribing to (i guess that bot is doing calculations every orderbook change? ). Am I right? Are you planning to support adjustable depth?
2723  Bitcoin / Bitcoin Discussion / Re: UK Company adopts Bitcoin as treasury reserve assets on: October 23, 2020, 01:04:53 PM
It seems to me that this may be the basis for the creation of a new paradigm on the basis of which the next bitcoint bubble will be based.

According to the newest Fidelity* paper "BITCOIN INVESTMENT THESIS BITCOIN’S ROLE AS AN ALTERNATIVE INVESTMENT" - Bitcoin is an "alternative asset" not related/connected to other assets and is a great hedge against them - in case of their failour. They suggest building diversified portfolio in a way that min 5% of it is allocated in Bitcoin.

Fidelity - "It is one of the largest asset managers in the world with $3.3 trillion in assets under management as of June 2020 and a combined total customer asset value number of $8.3 trillion"


If they will apply this strategy into their portfolio than 5% from $8.3 trillion is equal to $ 415 bilion. Marketcap of Bitcoin is equal $ 240 billion. So there is not enough bitcoins only for them (at current price).
2724  Alternate cryptocurrencies / Altcoin Discussion / Re: How is the development of the Balancer Coin (BAL). on: October 23, 2020, 11:38:20 AM
Some FA for you:

BAL - $ 88 mln MC
Balancer volume - $ 5.7 mln

So we are talking about 15 $ MC per each 1$ traded daily

UNI - $ 630 mln MC
UNISWAP volume -$ 230 mln

So we are talking about 2.7 $ MC per each 1$ traded daily

So uniswap despite the fact that is priced way higher looks to be a better deal. But...

BNB - $ 4 400 mln MC
Binance volume - $ 16 600 mln

So we are talking about 0.26 $ MC per each 1$ traded daily

I know that bal and uni are DEXes and biannce is CEX but they both provide trading service that generate profit and profit is what investor should look at. At this point, BNB fundamentals are 10 times better than UNI and 57 times better than BAL. And fundamentals are what push price in long term. Currently BNB is evaluated at P/E = ~4 (average for nasdaq is 22). Defi (all dexes, swaps etc.) bubble just bursted and it will not stop after a month (or will burnst after next wave but this is gambling not investing). This bubble need to drop 90% - 99% and it will take at least a year. Currently these projects are not worth the price that you need to pay for them despite the fact that they are wonderful and groundbreaking.

Well thats what i have to say about investing in BAL. Of course, this is the simplest comparison and marked with a huge error, but it certainly gives an idea of ​​how overvalued dex coins are currently. You can always try to bet that second defi pomp will appear soon (gambling) or buy/sell based on chart (trading) but this is not investing.
2725  Alternate cryptocurrencies / Altcoin Discussion / Re: need helps to get project move on: October 23, 2020, 09:26:14 AM
Thank you, Tytan. I will contact them

$3M market cap should be ok. The market has lots of money. But as there are too many scammers, people won't send money to a random project. I will try and see.

There is a lot of money in this market but none serious investor will invest in ICO these days (especially 3 mln $ ICO - DBC - also AI token is worth 2 mln$ and is listed on huobi and kucoin). Only lambo guys but most of them are DEFI hyped currently (name one successful AI ICO in last months). You will have to wait for AI bubble (I'm sure that there will be one sooner or later) or think about different launch strategy. Something unique.
2726  Alternate cryptocurrencies / Altcoin Discussion / Re: need helps to get project move on: October 23, 2020, 07:04:30 AM
This guy is doing a translation service (he has Chinese guys too). He can also help with marketing but as far as I know he goes for "real money base on agreement." deal only (everything already listed on legit exchanges).

I'm Available. You can always message me here or on Telegram https://t.me/emoneyabc.

Maybe you need additional services for your project?

CAMPAIGNS MANAGEMENT SERVICE - [CAMPAIGNS MANAGEMENT] WW's SERVICEs - Signatures/Bounties/Airdrops/Promotions

TRANSLATION SERVICE - [TRANSLATION SERVICE] WW's SERVICEs - Polish, Chinese, German, Vietnamese...


But you need to know that:
3 mln $ MC is way to much for ICO in 2020 (its not 2017)
Think about other strategy - ICO has been hated by the community by the sheer volume of scammers
2727  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 21-Oct-20] on: October 21, 2020, 09:50:48 AM
Blender.io signature campaign is open for another week:

We are live for another week!

Starting in ~24 hours (Thursday) I'll give you guys some time to apply before it's officially up and running again.

Apply now!

Worth to know before applying - this is one week camping that opens up periodically (each time for 1 week only). 40$ for senior member, 45$ for hero and legendary. Min 15 post.
2728  Economy / Trading Discussion / Re: I've built software for crypto arbitrage, and I'd love your feedback on: October 21, 2020, 05:43:54 AM
You probably don't wanna be using an exchange that doesn't even offer a websocket connection tbh. Every single major exchange supports it, so this is a non issue.

I know few that still uses Rest API but you are right. Majority of them are using websocket (at least big exchanges) and thanks to that rate limits for order books are not an issue.

This was just an arbitrary example of a bot configuration that I had used. You can let bots run forever if you want, you also have the option to set a time limit if desired.
I don't think that this utility is worth to add to bot (time limit). I doubt that anyone will use it.

and OHLCV feed for a few different trade pairs),

Why you need OHLCV for? Isn't it useless for arbitrage bot?

Will such bot perform well if you want to arbitrage on many trading pairs (like 50)?
2729  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: October 20, 2020, 05:56:40 AM
I bet he is making a new (better) VPS few hours before the validation, and then after the validation he moves back his Idena nodes to the lower VPS and deletes the VPS used for validation.

You just lost your bet.

Quote
There are two resizing options for Droplets:

CPU and RAM only. This option lets you increase or decrease the amount of CPU and RAM available to a Droplet.

Disk, CPU, and RAM. This option increases the amount of CPU and RAM available to a Droplet and permanently increases the size of a Droplet's disk.
https://www.digitalocean.com/docs/droplets/how-to/resize/


But this will work too if your provider does not support automated droplet resize in both ways. But little different if we are talking about provider that allow you to increase only. You increase you VPS before validation and just after you need to destroy it and create new weaker one.

I would not risk my stake on 1 vCPU / 2 GB RAM.
2730  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: October 19, 2020, 07:24:27 AM
Hmm interesting that could be the reason why I failed to get validated that was the last time I failed to get validated after so many months of successful validation it was unexpected to me honestly because I can easily pass this but the lag contributed to why I failed it, I would like to get the consensus of the users here if If 1 core / 2 GB is not enough to get you validated and you would have to upgrade.

Dunno where you have/had your VPS but my provider allows me to resize droplet anytime i want. So i simply do it 30 min before validation to 2vCPU/4GB to be 100% sure that my hardware won't be a bottleneck. After validation i resize back to 1vCPU/2 GB. Cost of such thing is negligible (free resize, only 1.5 cent for 1 h on better hardware).

edit:
Better do it 1-2 h before validation first time and check how long it takes for your provider.
2731  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 13-Oct-20] on: October 19, 2020, 07:07:38 AM
1 empty slot in Roobet - 1x Hero/Legendary. One of the best signature campaigns and is active continuously for 30 weeks! 60$ for 15 posts and no other post requirements (like min 5 posts in gambling).

Round 30 Payments have been sent out!


Thank you all for another great week!

We have 1x Hero/Legendary spot open, apply now.

Good luck.
2732  Local / Polski / Re: Aktualne konkursy tutaj na forum on: October 18, 2020, 07:01:02 PM
jakie są szanse na tych loteriach?

jeden podzielić przez ilość wszystkich uczestników(zwykle 100) ?
2733  Alternate cryptocurrencies / Altcoin Discussion / Re: Phenomenon of BNB (Fundamental analysis BNB/USD) on: October 18, 2020, 03:57:05 PM
Just like I said. Even though BTC volume was very low (mostly because of being stuck in 9-10k and 10.5-12k consolidation) binance managed to get another profit record thanks to huge volume caused by defi pumps and dumps.

2734  Economy / Trading Discussion / Re: Bots whales have killed day Trading on: October 18, 2020, 07:53:34 AM
No bots = no liquidity. With bots or without ... you will not be able to buy exactly at the sweet spot. Either bots push price (with bots scenario) or there is no one to sell and 10 % slippage (without bot scenario). Without bots you will not even have the same price across exchanges. You would have to constantly deposit/withdraw to avoid 10% spread. Learn to use advanced orders (like stop-limit orders, OCO orders) and you be fine or spend 2 days in python and automize your strategy ... but you have to have one and based on this:


Like One wallet its a bot wallet like its Not trading like humans... Its buying Up all the btc every time When btc falling its does not let it fall fully....
The bots are Not problem but Exchangers with their high fees and unfair rules are ripping off us also.

Its casino the Exchangers are like Controlled slot machines!


But Why?  Don't they have all ready a lot money Why they Can't make us the traders to earn fair ways?

I doubt you will even have a working one.
2735  Bitcoin / Bitcoin Discussion / Re: "10 Reasons Bitcoin Is A Terrible Investment" - A pathetic attack against BTC? on: October 18, 2020, 07:39:03 AM
There is one thing we can do in such case:

"
How to Block a Website on Chrome Desktop
Search for the "Block Site" Chrome extension, and add it to your browser. ...
Click "Add extension" in the pop-up box. ...
Check for the extension's icon on the top-righthand corner of your Chrome screen. ...
Visit a website you want to block from then on.
"
https://blog.hubspot.com/marketing/block-websites-on-chrome

And never ever see any more articles from this website. You know that they are not worh your time. I do it and internet browsing is much better for me. One 100% shitty article full of lies and manipulation (or click-beit articles) and whole portal is gone for me.

I encourage others to do the same. Give them feed-back in that way - no more money from ads from your enters.
2736  Economy / Exchanges / Re: localbitcoins is still exisiting im surprised on: October 18, 2020, 06:52:46 AM
So you are saying some people use it to break the laws? If it is illegal in their country, then they should not buy or use crypto currencies. The risks aren't worth it at all. There are chances that you will get caught eventually. After you buy bitcoin, at one point you might want to convert it to fiat, but there is no way you can use your banks to transfer those money you get after selling your coins (unless you plan to receive cash money and stash it somewhere).

I agree that in such case they should not do this but it doesn't change the fact that some may want to. It it's worth it or not it depends on the penalty and amount that you want to buy/sell and the reason (f.e. hyperinflation in your country). If penalty is small fine than it might be worth it.

You are also able to buy/sell without KYC, and without any trace. Anonymity is a tier 1 thing for some.
As far as I know, they added KYC. And as long as you are connected to the internet you CAN be traced!

Damn... didn't know about KYC. This actually partially renders the use of localbitcoins meaningless
According to trace - no if you know what you are doing. VPN and Tor are made for this.
2737  Alternate cryptocurrencies / Altcoin Discussion / Re: Using Cardano as a hedge against Ethereum on: October 17, 2020, 03:31:14 PM
I still remember the time when prices for ETH were less than 1 cent and people like you were saying about  it the things resembling  to  your current words  on ADA.  In those tumultuous days  I've been confident of ETH and my confidence brought me a fortune in three years. Now I'm confident in ADA. It is up to God to tell who of us  will gain in this case, you who said " ADA is dead", or me who saying "ADA is very much alive."

Do you really compare ETH price to ADA price? Have you ever heard about circulating supply? ETH at 1 cent would have marketcap at around $ 600k not $ 3 bilion. ETH at 1 cent would be 5000 times cheaper than cardano is now.

Cardano doing 10x will have capitalisation very close to ETH. ETH has consumer base, thousends of projects, milions of users, whole eviriement (f.e metamask) and... is working. Cardano is only an concept at this moment ...

I think you need to learn basic economy (supply, price, marketcap and how they depend on each other). ADA is not cheap.


BTW:

I still remember the time when prices for ETH were less than 1 cent and people like you were saying about  it the things resembling  to  your current words  on ADA.  
ETH All Time Low   
$0,420897 USD
(Oct 21, 2015)


ETH ICO Token Price: 1 ETH = 0.311 USD
2738  Economy / Exchanges / Re: localbitcoins is still exisiting im surprised on: October 17, 2020, 12:27:52 PM
It is illegal in some countries to buy/sell bitcoin. Some banks bans accounts that try to transfer to crypto exchanges or block transfers. For them localbitcoins is the only place to find seller/buyer.

You are also able to buy/sell without KYC, and without any trace. Anonymity is a tier 1 thing for some.
2739  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: October 17, 2020, 12:15:20 PM
I thought this is one of those self-key kinda digital ID on a blockchain stuff which I hate.

I hate them too. Idena is not about that.

To be honest I didn't look very deep into it.

Do it now. Its worth to take 5 min and read what it is about and leave it or stay. Idena has very unique approach. Different from POS and POW. Every node is equal to 1 real world person - without exposing any sensitive data.This is something new and on very early stage - around $4 million MC.

DYOR and come back with your thoughts. I'm very interested what you (an OG) think about it.
2740  Alternate cryptocurrencies / Altcoin Discussion / Re: Using Cardano as a hedge against Ethereum on: October 16, 2020, 03:46:17 PM
Why dead? Cardanao has been  ranked sixth in activity on github. It has the feature, ETH never dreamed of, all its code including the part related to  smart-contracts can be mathematically checked for errors. I'm projecting that starting from Gogen era the fair DeFi projects will gradually move to Cardano. I'm not saying that ETH's development is bad. I"m saying that ETH and ADA are two major competitive technologies.  Eth will hardly do 10x while for ADA it's possible if only because  the very low price at the moment.


What do you mean by very low price? 0.1$? Are you serious?

ADA - not working product (3 years on market ... raised hundreds millions $ and still nothing - thats impressive), without consumer base (who is really using cardano?), without any profit in last years (that's major FA indicator ... profit generated ... not github activity) is priced for 3 bilion dollars! It's hard to find anything that is as expensive in whole crypto industry. Active on Github? Is this enough in your opinion to justify a valuation of $3 billion?

There are hundreds of ETH competitions. Everywhere. At $3 BIL MC, $100M MC, $3M MC. It's impossible to judge where (and why) will ETH developers go leaving ETH (which I doubt).

This is 3 bilion $:



And you are talkibng about going 10x so ADA will be worth 10 of those or 20% more than International Thermonuclear Experimental Reactor -  "is an international nuclear fusion research and engineering megaproject, which will be the world's largest magnetic confinement plasma physics experiment". But yea .. github activity is as big as this.

Palace in Abu Dhabi with everything included. From gilded door handles, swimming pools to diamond chandeliers and ipad in every apartament. ADA is only an unrealized idea that may or may not work, and certainly has a huge competition consisting of 1000's projects, and is open source project easy to copy that does not have consumer base that would protect value and prevent from forks.


to OP. Macroeconomics (covid, SP500/Bitcoin price) is now much more important for ETH valuation than ETH v.2.0 launch. Cardano is not a hedge.
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