What?! No 220 Topic! I need to stock up on more champagne!
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Hi All, I'm currently working on getting a bounty started for the following project: https://bitcointalk.org/index.php?topic=167858.0I already have a capable developer interested, there are two more things I need: 1) People to chip in 2) Someone to escrow the BTCPlease have a look, Without you this won't be possible! Thanks,
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Bitcoin has too much momentum. It would take a serious bear truck to stop it!
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This is nothing to be excited about if you're interested in the long term success of bitcoin. This just means that the coming collapse will be even more catastrophic. The higher the price goes, the less likely this project will survive the collapse.
If it's a 90% drop like the last bubble we'll still be at $20. All good. All good for you, but a catastrophic loss for most everyone else, and it will turn potentially millions of people off this idea. You are a true bear, but sometimes I agree with you. In order to really enforce mass adoption we need a stable price, not something that doubles every week.
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202 already .
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Fistbump! I already anticipated... Am drunk now...
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Oh god, the pullback happened. Rejoyce! (Sniped at 180 ) Sniped at 180? But you weren't buying at 180? What's the logic in that? O Lord this is such a bubble rofl. Didn't get my funds yet. Got them at 190, and I wasn't buying at 190, I got 10 free points! Winning!
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@A Meteorite: Can you please check your PM's? I have a couple if things I'd like to discuss.
Also if anyone is interested in contributing to the bounty, please post a reply.
I'll start the BOUNTY with 0.5 BTC. Minimum Offer: 0.1 BTC
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Oh god, the pullback happened. Rejoyce! (Sniped at 180 ) Sniped at 180? But you weren't buying at 180? What's the logic in that? O Lord this is such a bubble rofl. Didn't get my funds yet. Got them at 190, and I wasn't buying at 190, I got 10 free points!
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I just got my account funded today to buy some extra BTC at the price of yesterday... I'm disappointed but I think you are right! I will keep on waiting for a pullback to get in and the price will be over 300 soon.
Come on bears, give me your cheap BTC!
300 within the next 24 hours!
That's too optimistic, I think Oh god, the pullback happened. Rejoyce! (Sniped at 180 ) Will buy more at 170...
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Update:
{"high": "198.00", "last": "197.90", "bid": "197.60", "volume": "10079.80156230", "low": "153.00", "ask": "197.90"}
So close, So close! I wonder if the first reaction after 200 will be a short pullback. I really hope so!
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Ok, still looks like a bubble in log-scale.
Yes. +1 Greed is killing BTC at the moment. There must be many people with hundreds, thousands or more BTC bought/mined for nearly nothing. They are hoarding them, the actual trade volume is very low. If none of these early adopters cash out now, then the price will never stabilize. If it is not stable (and it will need to be stable for a long time before trust is restored), then it won't be used as currency, which was the entire idea. Instead it is treated as an collectible item, an investment, actually empowering fiat money. Nobody is checking BTC acceptance rates and trade volumes, everybody is looking at the USD value. I am not saying it might not rise more, nobody knows. But as a merchant with tangible goods that cost real money, you'd be crazy to accept BTC when it is so volatile and as a consumer you'd be crazy to spend it as the fear of buyer remorse is larger than the fear of having worthless bits and bytes, because, hey, it can only go up, right! ^ QFT! No price stability === no adoption. BTC needs stability more then anything.
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Meanwhile at other exchanges:
{"high": "197.20", "last": "196.74", "bid": "196.18", "volume": "10063.71729730", "low": "153.00", "ask": "196.74"}
Goodbye 100's, it was fun while it lasted!
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I just got my account funded today to buy some extra BTC at the price of yesterday... I'm disappointed but I think you are right! I will keep on waiting for a pullback to get in and the price will be over 300 soon.
Come on bears, give me your cheap BTC!
300 within the next 24 hours!
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So I've had a chance to look more into this (no code as of yet of course). A couple random points since my first post: - Would probably want to use getblocktemplate at first since that's already natively used against bitcoind and is JSON for simplicity, Stratum could later be plugged in.
- Coinbaser is, as far as I know, something that was in Luke-Jr's bitcoind branch and was never merged upstream - see #569, #708, and #719.
- As an alternative a simple pluggable system within the pool that generates the coinbase and specific payout algorithms could be swapped in (seems most pool software does this).
- MongoDB would be a good choice. Redis could potentially fit in here as well.
Though I'd really need to see if there's more interest and people willing to pledge towards a bounty. A few BTC would likely not be worth my time, even though this sounds like a really fun project to get started on. - Would probably want to use getblocktemplate at first since that's already natively used against bitcoind and is JSON for simplicity, Stratum could later be plugged in.
- Good remark! GBT will also work with ASIC's. Let's go with GBT for now and add Stratum as an optional module.
- Coinbaser is, as far as I know, something that was in Luke-Jr's bitcoind branch and was never merged upstream - see #569, #708, and #719.
- Interesting, I didn't know that!
- As an alternative a simple pluggable system within the pool that generates the coinbase and specific payout algorithms could be swapped in (seems most pool software does this).
- Ok, As long as it is easy and clear for the Pool OP what it does and if it is easily changed and managed. An example Score based payout system would be a nice to have. (Wouldn't want starting Pool OP's to use prop and get pool hopped all day)
- MongoDB would be a good choice. Redis could potentially fit in here as well.
- Agreed!
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I would be interested in working on this. I have a pretty good amount of experience with Node.js and have a decent overview of what makes Bitcoin tick, but would need to look into how the pool side works more.
I have some code that I've worked on most lately on GitHub and would be willing to post a link to my profile. Bounty offers/pledges welcome. I'll be more available later today if there's interest.
Thank you so much for you're reply. As you can see I don't really have an idea yet if there is a lot of interest in this besides myself. If you think you can pull it off I'd be more then happy to pledge you some BTC!
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Does bitstamp have a public websocket/streaming API? Also, are there any request limits to usual API?
Yes: var trades_socket = io.connect('https://websocket.bitstamp.net:8080/live_trades'); var orders_socket = io.connect('https://websocket.bitstamp.net:8080/live_orders'); Yes: up to 1 per second How do we use the Socket.IO API? There doesn't seem to be happening much besides a connected message when using this: <script src="https://websocket.bitstamp.net:8080/socket.io/socket.io.js"></script> <script> var conn = io.connect('https://websocket.bitstamp.net:8080/live_trades');
conn.on('connect', function() { alert('Connected!'); });
conn.on('disconnect', function() { alert('Disconnected!'); });
conn.on('message', function(data) { alert('Got Something!'); });
conn.on('anything', function(data) { alert('Got Something!'); });
conn.on('error', function() { alert('Got Error!'); }); </script>
Change your conn.on('message', to conn.on('trade'. I'd really like to see non-https access to websocket too. I have problems using ruby gems to create a connection. Thank you so much! Got some pretty cool charting working now . One question for the bitstamp guys: Why do tid's sometimes increment with more then 1? "tid": 245967 to "tid": 245972
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