Awesome! Keep up the good word Marto!

OK, create a new account here:

https://www.cortex7.net/form/register1.php

Then PM me your username and I will convert it to a beta account.

I don't want large userbase to start with, but once everything is stable then I may do free bitcoin charting for all exchanges, with in app advertising, probably in the form of a discreet text ticker running across the top of the app (no loud banners etc).

Yes, we would all like to hear some good news regarding GB Batch1 shipping of HEX4M boards.

@dropt is correct!

Correlation between difficulty and price is a two way street.

If electricity costs are close to fiat profits then the miner (who has spare cash) will continue to mine and hold coin waiting (hoping) for a better price.

This goes especially for miners who heat their house over the winter and try and sell their coin at a macro top in the future. This scenario is less irrational as the miner will be paying some fiat into heating regardless of whether he employs miners or not.

Witholding newly mined coin from market will reduce supply and thus coin price will increase.

Thanks! No versions available for download yet.

The first version I release publicly will be available to everyone.

Without subscribing it will only let you chart daily yahoo finance symbols, like "MSFT" or other.

I may be changing this in the future so the free version is ad supported and allows bitcoin charting and trading (without robots).

But for this I will need to upgrade the server because all bitcoin history data is harvested and stored on the server, and then it is transferred via PHP interface to the client as new data is needed.

This ad supported free bitcoin version is something that I'm seriously considering moving to after public release.

I do have room for 5 new beta testers (they get free 1 year keys after beta phase finished).

I only ask that they (beta testers) use the software and report bugs here.

By the term "use" I mean they should be active traders who might fire up the application at least a couple of times a week, ideally they should have a dedicated tablet/machine to run it on 24/7 and an active account on an exchange (with at least 0.01BTC in it)  this will help when we come to robot test/debug.

Anyone interested in becoming a beta tester for the new version?...  first 5 posts in this thread asking for beta access will become beta testers...

Thanks, I'll keep you in mind Cyrus.

Do you have any links to some of your work?

Miners with the financial ability will hold coins until price covers HW and electricity costs.

Difficulty and price are cross correlated, it's a two way street. Higher demand growth is not needed if newly mined coins are witheld from the market.

Right now mining is a bad investment from a purely financial perspective, in fact it's often been better to buy and hold coin than buy mining equipment.

Yes the site is all new, but kind of a placeholder, I think it will have a different look for final public release (when advertising starts). I've used templates with CSS so designer can do the facelift without reworking everything (old site was not).

Thanks for being patient I've managed to put quite a few hours a week into the new version after MtGox went pop.

Certainly not pro innovation.

But I read (5) as anti innovation.

I've heard it many times off lazy people, "why reinvent the wheel", to which I always reply "because it's not round enough for me".

EDIT: gas news is BIG news.

I must note that the first post by OP was biased, exposing readers to suggestion.

So the collected data will need to be calibrated.

I recommend >= +10% on the "yes" count.

I agree with you, at the moment I daytrade and try to mantain:

~ 70% coin
~ 30% fiat

That leaves you some dry powder for any plunges. (Personally I don't think we will see $100 over all exchanges)

So that still means "more in than out" for me.

At macro tops you want to aim for 100% coin, bottoms 100% fiat, but of course it's a fuzzy subjective game. So we're all "correct" ( from our own perspectives )

Yes I would say it's good strategy to be more in than out at this time.

Oh my! His eyes are staring right into my soul, he looks so vengeful! ( and tasty ).

+1.

I say it's only important to "know" stuff.

To "believe" stuff means you have to exercise faith and trust the source.

I don't form opinions until I know stuff, if you lock them in before you know them then you are on the slippery slope to losing your mind.

It's also totally against what crypto is about, there is no belief involved in crypyo like there is with fiat (which is entirely faith based).

Having said that I am sure many people have to employ faith when they use crypto because they haven't got the foggiest idea how it works.

Hopefully leaving the testing phase and shipping soon.

Yeah sure, people have recharged on summer holidays and now want to ride the next bubble. If enough want to ride then we ride.

Trading on BTC china:

@lenny:

No problems really.


as @loshia says, martos website is hosting some images with non HTTPS url. To fix this he would have to copy and host them on his own server. But it's not necessary to fix (in my mind)


Many sites do not use perfect forward secrecy (PFS).

PFS means each connection uses a securely generated, separate new encryption key, so that recordings of the connection traffic cannot be decyphered in the future when the server certificate is acquired by an attacker.

This does not mean the server has broken SSL, but it means it is more brittle. If an attacker can read memory containing one time key he can decode all intercepted wire traffic in future, until PFS is enabled.

Simple fix for @Marto to implement:
https://community.qualys.com/blogs/securitylabs/2013/08/05/configuring-apache-nginx-and-openssl-for-forward-secrecy

Nobody knows for certain, I was in the blackarrow groupbuy (batch#1), Order for HEX4M boards accepted and paid ~20th July, still awaiting delivery.