Could you please make a short summary? What is this all about, in a couple words? Anyway, do I count as an upstanding individual?

Если кому нужен мощный, гибкий и продуманный пинг-понг бот на данной платформе (прежде всего под WEX), с мартингейлом, динамическим спредом, тестовым режимом, торговыми сессиями и прочими плюшками - пишите сюда или в личку. Я разработал и уже зарабатываю денежку с помощью своего арбитражного бота, который по сути тот же пинг-понг бот, но работающий сразу на нескольких биржах (ну и там ещё чисто арбитражные фишки и ноухау), однако он не для продажи или раздачи:



За небольшую копеечку я его перепилю за пару дней в версию для одной биржи и отдам в добрые руки

I can do that in C++/Qt. I know what you want and I know how to do it. In fact, it's been done already (and much more than that). For more info see here and here. I'm developing for myself at the moment and thus don't release into the public up-to-date versions of my trading terminal. Right now I'm heavily involved in developing as well as using arbitrage bots (which ping-pong bots are a subset of). So if you are ready to shell out, I seem to be the right guy for the job, with all the required infrastructure, technology and expertise already in place and easily available on demand



This is an instance of my Overman bot running and waiting patiently in ambush for an arbitrage opportunity to spring up (just in case, it is only a tiny portion of what is going on under the hood)

Yeah, and it is native English speaker, right?

Do you have a degree in linguistics?

I have already learned two words (?) in Chinese, wow

你 好

This is where I stand currently:




Okay, let's do some Gambling!

Am I the only one here who is more interested in the girl on the left?

If you open up any site which has been translated into a number of foreign languages, you can be certain that Chinese will be one of them. I'm also well aware of the many instances where a Chinese translation was the only translation available. To be honest, it's been a while since I had seen a Japanese translation. Besides, I think people are making a mountain out of a molehill when they say that crypto is banned in China. People were crying wolf when Russian officials started to sell wolf tickets and threaten folks there with severe criminal prosecution and even imprisonment for possessing cryptocurrencies. I said it right away back then that these had been empty threats, and they were as history proved later. Anyway, learning two languages such as Chinese and Japanese at the same time will be a really daunting task. Wtf, learning even one of them will be a daunting task in its own right

But finding a native speaker from China is of course a lot easier these days


This seems to be another exaggeration or rather a boogeyman. I was doing business with Chinese in person, and I can't say that they are somehow different from any other people in the world, culturally or otherwise, I mean beyond universally accepted standards of courtesy and respect. These stories about insurmountable culture differences have become kind of urban legend or serve as a specious excuse in certain cases, I suspect

Simply put, when money talks bullshit walks (and no one cares which grammar it uses)

I know some of you would wonder what this topic is doing here, in the Economics section, but since it is in fact an economic question with purely utilitarian goals in mind, I think it is where it should be. This is a serious question and I'm not kidding. I'm not very interested in European languages like German or French, or whatever, as I think languages like Chinese and Japanese are more promising and rewarding in terms of both usage and money in the nearest future. Personally, I'm more inclined toward Japanese (that's why I'm not decided yet), though I understand that Chinese may be a better choice for the time being and years to come

So what is your opinion on this matter from an economic point of view, with crypto in mind?

This is my second review of Bestmixer

As I wrote in my first one, I never used any mixing service before (apart from my experience with bestmixer). So here I go again. The mixer has saved somewhere my code (with which you are supposed to get a discount) and I didn't have to enter it manually, though I didn't notice that my commission had been lowered for some unknown reason

I should say that the Russian translation is almost complete and much better this time. It is not clear, though, what alpha, beta and gamma pools actually mean in terms of mixing quality and user experience (yes, I read the OP and tooltips). So I'm not sure if mentioning them is really required or important. Maybe, for some people it is an interesting aspect and feature worth mentioning as well as using but for me it is kind of extraneous information (which can be confusing to some mixer-illiterate people like me, or even scare them away)

Anyway, I was using an alpha pool and everything went smooth as (never) before. I sent like 0.01 LTC to the mixer's address and set 35 minutes for delay. After the set amount of time had expired, I received my mixed coins into my wallet without any further delay (in fact, I had to wait a few minutes after the timer had run out but this is a minor issue and likely linked to low pool reserves)

Update 1: I read the info about the pools in the FAQ and now it seems clear what they are up to, lol
Update 2: Payment received

Okay guys, I got a reply from onlinedragon. In short, he tried to contact Namworld a few weeks ago but the latter was nowhere to be seen or heard. So everything is still hanging in the air. Maybe, it's just some personal issues and he will come back online later, maybe he's gone for good, whatever that might mean

It looks like our only option right now is to wait until the bot dies of natural causes

If looks like we should ask onlinedragon to contact Namworld again about the future of the campaign. He seems to be in contact with him


Update: sent him a PM

This is not what a real businessman would do

He would most definitely put his money to work, i.e. reinvest it in his business that already brings him profits. Any real-life businessman understands that if he doesn't try to expand his business "empire" (even if it exists only in his garage or basement) and find new markets for his goods, the competitors will eat him alive in the blink of an eye. By definition, he understands what he does for a living a lot better than Bitcoin (otherwise he would have switched to Bitcoin long ago), so reinvesting in his business is an absolute priority for him

I have a lot of points, bro

That said, I eagerly agree that Bitcoin and blockchain in general is a breakthrough technology in its own right, though I can't say that it has changed the economy much, not as yet. It can be said that it has built its own economy but it is still small and vulnerable, and it doesn't affect the real economy in any appreciable degree so far (whether it will remains to be seen). And let's not forget there are cryptocurrencies which are not based on the blockchain at all, so it is definitely not just about either Bitcoin or blockchain, or both. I'd rather say that it is applied cryptography and the Internet itself that are the major breakthroughs behind crypto as a whole

Here's my review

To begin with, I never used a mixing service before so I can't really compare it with other such services. When I opened the site I was served a sparsely translated Russian page where the majority of information was still in English. I guess this is not what Russian users will like. I don't mind using an English version for myself, but this macaronic mixture of languages doesn't look good. I checked other pages like the FAQ section, and it is even worse than that. Some questions are translated, some not, while most of the answers are in English. Other parts are not translated at all. You can do better!

I've got some spare litecoins at WEX, so I decided to give it a try using Litecoin for the test. The page where I was to set up mixing parameters is pretty straightforward and intuitive, so I encountered no particular issues with entering all required information (just an address field and two sliders for commission and delay). I set the commission to the lowest possible value (0.5%), transfer delay to 2 hours, and then entered the address of my desktop Litecoin wallet. For the record, the dark-blue theme is nice and not disturbing or otherwise uncomfortable to my eyes in any way (I don't know why others didn't like it)

After agreeing to the terms, I was taken to the next screen where a deposit address is disclosed. The minimum amount for Litecoin is 0.005 LTC, and I chose to send as little as 0.01 LTC. The mixer was pretty fast to pick up my transaction and show the coins coming in. I had to wait a couple of minutes until my TX got confirmed and after about 2 hours I received the coins into my desktop wallet with no issues either. I'd rather say everything went smooth enough for a first-time experience in mixing coins. Just in case, don't bother paying back the fees, they were tiny anyway

To sum it up, the only thing that I didn't quite like about your mixer is highly incomplete Russian translation. Also, it would be nice to have a countdown timer showing the time remaining till the final transfer of funds is made

---

Update: payment received, thank you so much!

I think you somewhat misunderstand what the idea of a store of value means in practice. As the term itself suggests, a store of value is about keeping, i.e. not losing value over the long term. It doesn't mean any specific price. In fact, it may mean any price as well as a change in that price. For example, gold is considered a good store of value even though its price is volatile (though not as volatile as Bitcoin's, of course). How come? The answer is simple, it is its price in dollars (or whatever) which changes, not its real value as it is valued against other non-monetary items. In other words, it is the dollar value which fluctuates and makes it look like gold is volatile, while in reality gold is pretty stable or even rock-solid

Now you can apply this logic to Bitcoin and see how well your theory fits in

For simplicity's sake let's assume that all investors are born equal

I mean that they bring the same amount of cash to the table since otherwise the question becomes rather pointless (as a single big-time investor can be worth a thousand small-fish investors). Then the answer to your question should be a definite no way. Complete lack of investors, either big or small, will most certainly crash the prices as Bitcoin (and other cryptocurrencies too) remains mostly a speculative asset. This basically means it can rise only if there is a constant and sufficient inflow of new money. But if it doesn't rise, then it falls, as simple as it gets. Therefore, in no case lack of investors can make Bitcoin more stable

That makes no economic sense

Really, why would you want to buy coins if you want to spend them right away when you can just spend whatever you buy them with directly (dollars, euro, etc)? It could make some sense if you wanted to boost adoption even if that meant losing on trading fees and spreads, but this is definitely not what most people here are looking for (or if you earned these coins somehow). That said, people buy coins as a store of value (kind of) or a vehicle for speculation so that they can sell them later at a massive profit (as they think) and buy something grand like a yacht or an isle

This will never end

The reason? The reason is quite simple, really. People are greedy (yeah, kind of obvious), and some of them have particularly inflated egos at that, which makes compromise nearly impossible. As there is no "headmaster" or dictator (or even Linus Torvalds' style benevolent dictator), infighting and intriguing (as well as counter-intriguing) should be considered normal as long as there's more than one person involved. When inflated egos and hurt feelings are concerned, the voice of reason is silenced and no longer heard. This is even more so if we consider personal economic interests which may go in quite the opposite direction to the long-term needs and goals of the project itself