It's pretty bad isn't it.

One thing you could try is https://multibit.org/features.html they have a feature that allows it to sync alot faster. You'll just need to figure out how they enable testnet and get going with that.

I noticed your using bitcoind though, if its something you want to interface with via RPC calls you will most likely need to wait it out.

did you have money in the accounts they closed?

definately sounds like its bitcoin related. Its not even illegal to have them. my guess its for anti money laundering, just take your business elsewhere.

Im with NAB sent to MTGOX no probs, and recevied to citibank no probs

hey the site looks great, but how does it work/

you have accounts with all the exchanges, then you allow people to buy/sell directly from you and you execute the order on the best value exchange?
Then you guys just charge a little bit on top and people just pay the spread, which is where you make your money?

Yeh I agree, although I think BTC-e is fair, but mtgox/vircurex could do with a drop in the price I think.

Hi, which part are you referring to?

What are you saying an exchange should do to allow this? like offer very low fee's for market maker users or something?

Just so were on the same page, your suggesting the exchange itself shouldnt attempt to be the market maker, but offer their platform to allow others to do so. Is that right?

Hi, im not an expert on the market making field, so forgive me, but i agree that anything that would increase liquidity and volatility would be great additions.

But i'm not sure im following on how it would be implemented on a bitcoin exchange, because
- if a maket maker needs to be able to offer trades 24/7 wouldnt they need to have potentially an infinite amount of money in each cryto currency?
- unlike old world exchanges, where money can be digitial and arranged through lines of credit. The properties of cryto currencies, means the exchange must have large amounts of cold coins in each currency to allows this. Then when/if one of the currency reserve is depleated it wont  be able to be a market maker for that currency.


Although if the exchange then automatically added in these market making orders, couldnt they then also manipulate the market...
Or is that the point?

Technically couldn't a existing market maker make use any one of the exchanges to execute their orders, and achieve the same thing? I mean is it really the role of the exchange to do this?

What do you think?

Hi guys,

So I have been noticing a few new cryto currency exchanges pop up (even ones without old world conversions, ie BTC/LTC/PPC/TRC/NMC/YAC/etc only. There are alot of posts ranting on about how we hate exchanges or the things they do wrong...

What features would you want/expect to see in them?

Here is my list:

Fees:
- Flat Fee system: ie same rate for all currency trading, makes calculating profits alot easier

Features:
- Ability to see all currencies in one screen, and see if they are trending up or down.
- Set up some auto Buy/Sell Orders based on Moving Averages
- Set up simple Buy/Sell Orders based on fixed values (Ie Buy at x price sell at y price) automatically (with stop loss)
- Profit/Loss Calculator based on your trade history/ open orders/ user input

Bonus:
- Identifies Arbitrage possibilities between other exchanges, automatically and notifies you of them.

TL;DR What about you guys, what do you want to see, or what do you like in exchanges that you are currently using?







 

Hi, I would like out of here please.

I have been following bitcoins for a while, and I have ordred a BL miner/invested in coins, and would like to partake in discussions about BL products, and also the discussions about the potential impact miners would have on the bitcoin market.

You can also look through my posts to see that I am not a spammer, and post genuine reposes and in my opinion, I believe I have non noob understanding of bitcoin.

Thank you for your consideration! 

the expected appreciation is unknown...
but the facts are;

- there is a limited amount of coins that will ever exist. (aprox 21 mill)
- centralized banking has proven to do anything to protect its own currency (EG Cypress)
- as time goes on it will get harder and harder to mine the remaining bitcoins

As with any currency , value = trust.

If it gets going, whats to say a government wont run a big fear campaign to destroy the trust people have on bitcoins.

My advice, just buy what you can afford to loose, and enjoy the ride!

i was in a similar boat, what i did was i bought the bit coins and then the cheapest miner, a jalapeno.

Thing is are you doing it to make money (short term cash) or bitcoins (long term investment in the currency itself)?
if thats the case buying the bitcoins now and riding the wave and selling them back for money is your best option.
but if your keen on bitcoins in the long term, id say mining is a good way to go!

That being said that is alot of money for a miner you probably wont get anytime soon.

What i did was bought a small amount of coins, and the BL jalapeno!