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Right now it supports just text messages and you have to subscribe for at least a month. Would you appreciate an option for email reports as well? Lets say without need of subscription or with a small fee?
What about a tiny forum, where you can discuss the news being reported?
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The bounties hasn't been claimed yet. It is still good time to join affiliate program.
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And who would determine what to be bad news or good news, and how could we trust that person. What when this person sleeps. Is there going to be a dedicated team doing this? Or if it is crowdsourced, how do we only get trustworthy people into the system?
This is a community project, if it is good service or bad is up to people who are joining it. There are people with common goal. You have always trust someone at some point when joining anything. Even exchanges, who guarantee you that someone in charge of exchange won't steal your money there? Goxed people could talk about that I think, there is always some portion of trust. BTC report service is not some ultimate tool with guarantees you will be alerted always in time. This tool couldn't exist. It is up to you people, how good it will be. I have faith in Bitcoin community. |
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Simply join an affiliate program on http://www.btc-report.org. You get an affiliate link that you should share (perhaps in your signature, forums, other websites). For every user coming through your link you get 30% of everything he ever pays. There are actually 3 bounties which you can claim: 0.01 BTC- first one who bring 3 subscribers with 1 month subscription can claim the bounty
- you get affiliate profit from every subscriber also, resulting in at least 0.01 additional btc
0.03 BTC- join an affiliate program on http://www.btc-report.org
- first one who bring 3 subscribers with 3 month subscription can claim the bounty
- you get affiliate profit from every subscriber also, resulting in at least 0.03 additional btc
0.06 BTC- join an affiliate program on http://www.btc-report.org
- first one who bring 3 subscribers with 6 month subscription can claim the bounty
- you get affiliate profit from every subscriber also, resulting in at least 0.06 additional btc
Affiliates instruction here: http://www.btc-report.org/affiliates |
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By the time you realize there is an issue and manually put out a text message, every automated BOT in existence will have already executed a trade.
I don't think that majority of traders use automated BOTs, it is rather opposite. I am not saying that the system will give you heads up hours before something happens, but it can save you some precious minutes when something is already happening. Don't you think? |
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It will just reach the minimum faster and the market price will thus reflect the "true" price sooner than without such a service (where i have to way until i have time to check google news).
That's probably right, good thinking. |
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Its a bad idea, you have to think that if everyone is signed up, they will all dump, and crash it more.
You are right. That's why I wrote in original post: "This concept is not very healthy for the market, it can make price drops even bigger, so I will limit number of groups that can be made this way." Simply put I won't allow this site to grow that big. |
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I just edited my post and added new information about new affiliate program. Check it out!
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You know there are loads of Android apps for alerting on exchange prices, right? SMS could be an option for those without smart phones, but as a smart phone owner I prefer the app.
Sure, I use one of those too. But I have alerts set on 5% or 10% drop, so it doesn't disturb me too often (5% is usual even if there aren't any bad news). But when the price is 5% or 10% already down and I just start to wonder what's happening, it is usually already too late. |
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interesting idea..
i assume by SMS you mean.. txt message (or sms as we call it in australia :p)
If your not in Aus, and looking to service Aus people I have an SMS gateway you could perhaps use to SMS Aus folks
Yes, I mean mobile text messages, thank you for pointing that out. It is called SMS here in Europe too. I already use SMS gateway that can send messages to almost every country, australia's six providers included (Globalstar Australia Pty Ltd, Telstra, Optus Mobile, Lycamobile, Hutchison 3G Australia Pty Ltd, Vodafone), I don't know if there are any more of them in Aus (can you confirm?). |
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There has been a lot of bad news in past few months. Some of them almost halved the BTC price. When I caught it in the right time, I could make quite a profit by selling my BTC immediately and hour or two later bought them cheap (resulting in more BTC, compare to holding them). So I started thinking, how can I catch all the news in the right time? I realized that I can't do it alone. I can't watch news when I sleep or while I'm at work. So I created a simple SMS service, where other people like me can join into small groups of 30. People, who are willing to alert the rest of the group, if someone notices something important. In that way, everyone has the probability of catching the news 30 times higher. If you want to join group, you can do it so at www.btc-report.org. This concept is not very healthy for the market, it can make price drops even bigger, so I will limit number of groups that can be made this way. I also would like to get suggestions, if there are some features missing on the web. I will be improving the service continually. At this time, this is just a proof of concept. EDIT: I just added an affiliate program. You get 30%, it is really simple, check it out: http://www.btc-report.org/affiliates |
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