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So this is BTE's TRC moment....Anon is right Sunny king has explicity said people should look at his retarget system in relation to how TRC was hurt in this manner.
The TRC dev has done something interesting in response, I am not sure how well it is working
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decentralized exchange front end done.... as many exchanges as you want ready to go Google infrastructure http://www.bteex.com/But how is Google decentralized? Maybe in a technical sense, but certainly not in a social sense. They could pull the plug at any time. its a stop gap, and they are pretty ddos resistant |
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Very stable.......asystole
....no heart beat eh....droll very droll I have seen 80%, 100% and now 380% on dustcoin.... is the 380% becuase it is stable and thus something actually improved upon BTC??? or more swings? |
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[QQQ] TRC? how is the stability now....better than 'Gox?
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- If you access something through a domain name then it is vulnerable to DOS attack and therefore is not a solution.
Agreed. A single domain name will never be a decentralized solution. But it could be something with a lot of domain names that work as entry points, such as Diaspora or the Pirate Bay. People vastly underestimate the scale of a viable solution. Somebodies shitty open source project that they started yesterday is not a viable answer to the Mt Gox problem.
In the long run it is. Bitcoin it is also started as "somebodies shitty open source project". Even Linux did. Someone needs to start with a good concept, work hard on it, and gather a community of active developers (instead of talkers and "idea people"). It's certainly not impossible. But most people just like to argue instead of build something. My point is that in grassroots open source land, everything starts small and as a toy. then use namecoin sheeesh it perfect for this |
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Welcome to Bitcoin. Now that MtGox is not trading for a while, maybe it is a good time to learn a little bit about what you invested in: The White Paper http://bitcoin.org/bitcoin.pdfHopefully after you are done investing you will consider trying out the Bitcoin currency. IIT OP cannot into the uptake bootstrap feature...the investment part of BitCoin....goto FreiCoin then |
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decentralized exchange front end done.... as many exchanges as you want ready to go Google infrastructure http://www.bteex.com/ |
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while your all talking we are already up just clone and go and build in more logic /apis/ code later http://www.bteex.com/see https://bitcointalk.org/index.php?topic=174117.0about 100,000 of these should do it in the interim period UPDATE GOX CRASHED AGAIN!!!AS SOON AS IT OPENED http://www.bteex.com/Google infrastructure is good lets do it, cut out the bit exchanges problem solved EDIT 1 Seriously a few good coders and there are api's google .gs scripts, javascript available and all sorts of integration, we can get something together, and en-mass clone it...local exchanges everywhere...and by local I mean in your street. EDIT 2 design philosophy, Ok a few layers are needed [1] a more automated front end with scripts order of (n) scaling [2] A way for these to communicate with each other or some torrent like or rss feed or scaled data aggregate data so feed data up to some sort of aggregate sheet or any number of sheets so that no one sheet is overloaded, eg 1 - 10 feed plus 10 exchanges feed up to one upper spread sheet they do calcs and 10 of those feed up to another upper sheet, this way the caac load is very distributed and easy to grow Feed down same way 1 to 10 down......6 steps allows for 1 million exchanges each spread sheet only has to do 10 calcs expand on these ideas |
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Gavin and Evoorhees are trying to please everyone by attempting to put everyone's thoughts on cruise control, while almost everyone else is either hitting on the accelerator or slamming on the brakes. Gavin said, "Only invest time or money into Bitcoin that you can afford to lose", and also "When will #bitcoin speculators start chasing another squirrel?" I think when it comes to speculation Gavin and Evoorhees should stay quite quiet and keep to themselves. They are just attempting to be guy that tries to be always politically correct so when shit hits the fan they are in a position to say, "I told you so." However, they have nothing to lose when the price goes up. Why are people not angry at Gavin for telling people to only invest their money they are willing to lose at $35-$40? Now, bitcoin is nearing $200? I should have bought more bitcoins! I am glad we have people like Trace Mayer to do the "dirty" work that Gavin and Evoorhees will not do. Do you think Jesus became popular because people said, "Jesus is a good guy, but don't believe everything you hear about Jesus." NO! People said, "Jesus can walk on water! You will go to heaven!" Look at where Christianity is now. As Max Keiser said, the crypto-christ has returned, and his name is Satoshi Nakamoto! I'm not saying that one should lie about bitcoin, but one should explain bitcoin in all of its glory about how it can change the world.  yeah but Jesus didn't get popular overnight...he had a pretty extreme DDOS before he was resurrected and that took 3 days, and God was involved, and had to hang around a it before assention, even then most of his foloowers were crucified or fed to the lions |
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Could we make this work in MS-Excel somehow? Like a forumla =sum(totalBTC-yourb.....
there are all the standard formulas in google docs and Much better than that google has all sorts of interfaces, into the web, .js, .gs, api's etc |
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I interned at Google, and lets just say, Google > DDOS.
Nothing can touch those servers, its literally impossible.
yes lets lets do this coders, designers get in here |
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What do you want to build?
Ok a few layers are needed [1] a more automated front end with scripts [2] A way for these to communicate with each other or some torrent like or rss feed and aggregate data so feed data up to some sort of aggregate sheet or any number of sheets so that no one sheet is overloaded, eg 1 - 10 feed plus 10 exchanges feed up to one upper spread sheet they do calcs and 10 of those feed up to another upper sheet, this way the calc load is very distributed and easy to grow Feed down same way 1 to 10 down......6 steps allows for 1 million exchanges each spread sheet only has to do 10 calcs expand on these ideas |
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Been using google docs for years friend!!
There are ways to really script things, its almost like php/sql.
Fusion tables too i think they can offer some goo data solutions,
plus you get googles network/security.
yes very good they have a whole range of api's scripts, gs.code lets do this and mass deploy |
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about 100,000 of these should do it in the interim period UPDATE GOX CRASHED AGAIN!!!AS SOON AS IT OPENED http://www.bteex.com/Google infrastructure is good lets do it, cut out the bit exchanges problem solved EDIT 1 Seriously a few good coders and there are api's google .gs scripts, javascript available and all sorts of integration, we can get something together, and en-mass clone it...local exchanges everywhere...and by local I mean in your street. EDIT 2 design philosophy, Ok a few layers are needed [1] a more automated front end with scripts order of (n) scaling [2] A way for these to communicate with each other or some torrent like or rss feed or scaled data aggregate data so feed data up to some sort of aggregate sheet or any number of sheets so that no one sheet is overloaded, eg 1 - 10 feed plus 10 exchanges feed up to one upper spread sheet they do calcs and 10 of those feed up to another upper sheet, this way the caac load is very distributed and easy to grow Feed down same way 1 to 10 down......6 steps allows for 1 million exchanges each spread sheet only has to do 10 calcs expand on these ideas |
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It appears we need a distributed mining exchange to make this work, where miners get fees.
No sure exactly how yet, but having mining pools that run software for a distributed exchange and you send money to pools to get coins.
I envisage they system to work as far as the information send out to be;
You Can trade on the unified/distributed software, a sort of endless torrent that has millions of seeds and has new information put in drawn down and average to give price may work
Torrents with large seeds appear to be the strongest form of sending mass information out
How does the exchange transfer USD or EUR from one person to another? I am think at least the price feed end should be software/data the feeds into a torrent this makes ddos very hard, though mass leachers may be a problem mining pools just seem the logical place to set up payment of fiat to maybe pools good trust each other by XRP.... |
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I put some orders in at $50 or so a few days ago, I expect them to get filled. History tells us that all bubbles pop. There are various reasons but all bubbles pop, always.
All bubbles pop, I just thought it would pop at $15, I should be so lucky to sell out at $50. Its not/was not a bubble, nor is this a "pop" whatever than means....Thats why most people are holding BTC and not selling |
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Eventually, we're going to single digits again.
Ahh... I wish we did. I could buy the entire mining supply of bitcoin with the proceeds of my daily arbitrage operations. Proudhon did not want to hear this lol... There are some big players coming into the market. Most of them are doing cash for btc off exchange purchases. And when they can't unload an investment off of the exchanges when the exchange rate is plummeting because nobody wants to buy volume off exchange in that context, guess where their bitcoins end up going... Oanda et al will move in now problem solved Still holding at 67$ on BTCe. And this is still not a "crash" due to the currency but the failure of the exchange And exchanges are a necessary part of pricing a new currency, and make up a part of its necessary infrastructure, and because of the nature of bitcoin parts of its necessary infrastructure, like exchanges, cannot be regulated like traditional mature markets in such a way to prevent the kind of crippling volatility we've seen with bitcoin. It very well may be the case that what the bitcoin experiment ultimately proves is that as imperfect and problematic typical financial markets are, with all their government regulation, they're better, safer, and more stable than other alternatives thought up, like bitcoin. no, the market will provide new safer more efficent and better exchanges than govt ever will |
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It appears we need a distributed mining exchange to make this work, where miners get fees.
No sure exactly how yet, but having mining pools that run software for a distributed exchange and you send money to pools to get coins.
I envisage they system to work as far as the information send out to be;
You Can trade on the unified/distributed software, a sort of endless torrent that has millions of seeds and has new information put in drawn down and average to give price may work
Torrents with large seeds appear to be the strongest form of sending mass information out
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Nah, I got my bit coins out ok
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