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yeah you go girl. Don't let a man tell you what to do, you just be who you are.
Yea.. Im not a girl -______-. So visit the store and all the prices are changing every 5 sec via long polling.
You should probably add candle chart for clients.
And this shop will be some sort of commodity-currency exchange.
PS If I would be the owner of the shop that would mean that all
The risks are on my side. I would fear the difference between btc value
On the sell moment and btc value on the moment I convert to local currency to
Refill my stock and get profit.
This risk though can be calculated and added to btc value,
But for swinging btc value this percent would be (my guess) so big
So clients would prefer buying ...hmm... Medicine.. From local dealer twice cheaper. It would have to be converted the second the transaction goes though and the client can chose long polling or to leave it at that and once the transaction is sent to the backend PHP will display the amount at that second. The shop can also add a risk fee (eg 15% increase) so that the BTC influxes will not hurt their profit. I has been done Please provide proof. Super cool idea, as long as it can be used on any value, example Canadian dollar
Wish someone would write an add-on for Concrete5. lol Verison 1 will be USD only but hopefully I will add Australian and Canadian Dollar. |
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I don't know about Mtgox, but Btc-e provies it's api. With the api, you can easily pull the latest price of BTC/USD.
mtGox provides a free API with out a need for API key and I will be using mtGox and I might also average it with BTC-e. Sounds good, keep us posted  Will do I've currently finished the PHP version! I will be finishing the Javascript and Python and then post it here (and on the main thread). I may also do a C and Ruby version. |
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Hello,
Its nice to see that you want to help out newbies but if they have a question on 51% attacks they can check the wiki themselves.
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Hey, I'm gonna do you a favor and quote the wiki for you: In a Ponzi Scheme, the founders persuade investors that they’ll profit. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy.
A ponzi scheme is a zero sum game. Early adopters can only profit at the expense of late adopters. Bitcoin has possible win-win outcomes. Early adopters profit from the rise in value. Late adopters, and indeed, society as a whole, benefit from the usefulness of a stable, fast, inexpensive, and widely accepted p2p currency.
The fact that early adopters benefit more doesn't alone make anything a Ponzi scheme. All good investments in successful companies have this quality. Now as the definition goes, In a Ponzi Scheme, the founders persuade investors that they’ll profit. no one is telling any one to invest in Bitcoins. Also a small warning, don't go around to forums and start slandering them when you haven't even done research!!!!This thread made me laugh  |
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First of all its a Ponzi Scheme, and second before posting make sure you check the FAQ on the wiki before asking a stupid question like that!
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You can accumulate rep points, some one with allot of Coins have allot of rep points. Eg. Me and you both have 1 coin because were newbies. Also people need to know you or at least of you and like you.
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I don't really know the answer to that but I pretty sure Its going to take allot of Rep!
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Hi,
This looks interesting, but I don't think it will be able to compete with the Avalon ASIC. The 64 cores are certainly nice, but a single Avalon ASIC can do 275 Mhash/s.
Even if each Epiphany-IV core can produce one full hash every 640 clock cycles, it will only generate 80 Mhash/s. I'm more of an FPGA/ASIC person, so I'm basing the 640 clock cycles on 10 clocks per individual SHA256, and 64 rounds per hash, which might even be low.
I think it is hard to compete with the Avalon ASIC custom chip, which was custom designed for mining.
Regards,
Pat I see your point, I'm quite new to the world of ASIC and FPGA's and I so I thought this could compete. I will still be using this as a server and a second board for a custom PC. Also can ASIC's run applications or are they designed for mining? |
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Hello, Before I begin; parallel computing is the way in which you can run two or more programs at the same time with out having to dedicate a thread to each program. I've been reading up about Parallella -a new parallel supercomputer- which is now priced at $99. This board uses Parallel computing to run and is amazingly fast. It comes with a normal ARM CPU but its the Microprocessor that does it all. It comes with the Epiphany-IV 64-core 28nm Microprocessor (E64G401) (64 Cores!). The Epiphany-IV 64 runs at 100 GFLOPS and 800MHz Operating Frequency, you can see the rest of the specs here: http://www.adapteva.com/products/silicon-devices/e64g401/. It comes with Ubuntu pre-installed and I think this could change Bitcoin Mining and beat ACSI! What do you think about, I'm on the waiting list once they're ready to sell these I'm defentily getting one!! The main point that hits home is the fact that It will only run on 5 Watts and will be the size of a credit card! Here is the Main Site: http://www.adapteva.com/. Here is the Parrallella: http://www.adapteva.com/products/eval-kits/parallella/. |
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Ha, I had a similar thought not too long ago and was wondering about the pros and cons
Not sure if such a feature would be widely adopted since probably most merchants still have to buy the products / services they are offering in other currencies than BTC themselves. So if they accept bitcoins at a real-time exchange rate, they risk losing money if BTC drops in value after the purchase. Especially if they aren't early adopters and haven't already built up some significant BTC deposits to compensate for such a case.
So as I see it, there should at least be the possibility for the merchant to apply some (configurable?) "smoothing" to the exchange rate being used as well as some kind of add-on buffer to compensate for the currency risk. E.g. "current USD/BTC exchange rate plus 15%".
Also, you'd have to find a way not to be dependent on a single exchange like mt.gox for determining the current exchange rate, in case they temporarily go offline once again. Maybe build an average across multiple exchanges? I dunno.
Unless the exchange rate becomes much more stable, I guess this would probably mostly be for the bold or optimistic / idealistic merchants out there, who trust in BTCs mid- to long-term stability. And maybe the primary target group could be those who are offering services with relatively low expenditure in other currencies, such as artists or software developers. Yes, I was thinking about averaging the price and I'm probably going to do that and my service won't be able to help with the BTC Infulxes and Defluxes and the Client could add the 15% on by them selves. The BTC Ups and Downs can't be helped but they could automatically convert the money they receive to USD using a Bot Server or they would have to bold. I'm defiantly going to be using this in my own site and If I see a declining pattern I would temporarily close my BTC Price page before the market crashes. |
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Notice to all: From what it looks like after reading a few of the posts this site is a scam!
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Hey, Thanks for that |
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obviously make the clientside JS as passive as possible, so no chance of someone creating a low BTC value order that is seen as valid by the system. Definitely, the JS Client Side will only display the price not process it; that can be done by the python/php module. I think bitpay does something similar, well the button displays the $ price, you click it and enter bitpay page where $ price and equivalent BTC price are visible. Maybe they have an option to display dynamic BTC price on merchants site (not sure). I think I'm going to build it so individual/lone web stores can also implement that feature, I'm also planning on using it on my own site. |
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Hello,
I'm currently working on a JS, PHP and Python program that will change the price of a product on your webiste based on the current price of USD/BTC. Meaning that if your product costs $70 and BTC is at 70/1 (USD to BTC) then your website will display 1 BTC as the price but if it drops to 60/1 (USD to BTC) your website will automatically update the price to 0.857 BTC.
Now before I start working on this, I would like to know if you would use it and if this has been done before.
Thanks,
@_C1D
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It is not clear for me what you are trying to achieve. Do you want to trade BTC/LTC, or monitor BTC/USD and LTC/USD ratios? I believe hes looking at BTC/USD and LTC/USD. |
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If you wan't to buy bitcoins so badly use a trade site like mtGox, no ones going to trade with you here when you show clear signs that your a scammer and at least use proper grammer.
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I see what you mean, how much GB is the blockchain currently?
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No, My DNS is blocking you.
Thou they do block sites for random things.
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Your site is blocked for malware on my PC.
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