It is a pity, cause I have extended the list of businesses wishing to participate in this trial of mine. I added two bicycle shops located in my town. So I have now 5 outlets in my pool 

I hardly understand your white paper (I am a non-techie with poor English), but if you really created such a system then big WOW for you  

The reason why I focused on a data feed matter is my futures and forex trading experience.

There are market data vendors that charge monthly from USD 100 (I use those cheap data vendors) http://www.iqfeed.net/index.cfm?displayaction=data&section=fees through USD 1-3k http://www.barchartmarketdata.com/solutions_datafeed_pricing.php up to USD 10k per month for high quality data (like Bloomberg).

Transmitting quality data in acceptable latency mode can be resource (capex on servers and opex on electricity and lines) consuming. The decentralized exchange system should be designed to provide for remuneration to full data nodes (market data distributors). Just like now Bitcoin system is designed to provide remuneration to miners.

Don't know if BM's PoW is integral. Don't know if its major reason (if it is integral) is to eliminate 'junk' transactions. I am sorry - I am just a silly newbie  

I was looking for ways to ease the life of traders who need non-delayed data to plot their charts. I am fine if my ideas / questions is declared non-sensical.

These can be tonnes of data (over time) if transactions are frequent. Will the system users pay for downloading these data? From whom? - a decentralized system of data brodcasters should be established just like a system of escrow agents.


The above is good for depth of market (DOM) analysis, but you will most importantly need:

   • Live trading data (in ticks) - data of actual transactions happening is needed to plot charts.

It would be okay if the timestamping were not just in seconds. If the system is to succeed, in future you need at least milliseconds or even microseconds (for both historical and real-time events (ticks).

Multiple escrow agents will contribute to the safety of the system. It could work like TOR / Vidalia - you may choose to (i) work as a client only or / and (ii) relay traffic (render escrow services for a fee).

Maybe there could be two data feeds:
a) a raw (unconfirmed / without proof of work) data feed - this will report ticks (transactions) as they are effected with a high precision timestamp.
b) a delayed one (after proof of work)

I would not use the millisecond precision to place orders (I do not have the infrastructure to do so). I would use it only for strategy backtesting and optimization.

If you have 10 transactions occurring at a given second:
- a second resolution will not tell you which tick was 1st and which tick was 10th
- a millisecond resolution will tell you the exact order in which those 10 transactions were made, so a better automated (counter-bot, counter-whale) strategy can be devised.

Call in this show https://bitcointalk.org/index.php?topic=14251.0

I have a couple newbie questions. Sorry for my English and non-techie jargon. I apologize if my questions make little sense. Please do not shoot me.

1. What will be the price and time (event) format of the data feed of the decentralized exchange?
Date,Time,Price,Volume
e.g. 2013-06-08,14:50:17 (what about milisecond or microsecond timestamping?),120.7676598765 (number of digits down to Satoshi denomination?),150000000 (volume traded in Satoshis?)

The reason I ask is I would like to find out which charting platforms can be hooked to the data feed. There is going to be a historical and real-time data feed available?


2. Who will aggregate and transmit historical and real-time trade tick data (is low latency possible)? After a few years the database can be many gigs of data for one symbol / instrument alone if transactions via Holly Grail are frequent.

Is there a way of having Bid and Ask line displayed in tradingview charts?

Might fall to 70 if head&shoulders is formed.

Have tried the website to which link I posted? Then you will see how they differ. Can you a draw a Fibonacci retracement on ClarkMoody or a simple trendline?

Hopefully soon.

No, it's not - they are completely different.

Hi Guys,

https://www.tradingview.com/e/?symbol=MTGOX:BTCUSD# here you will find historical and real-time Bitcoin charting. I think they added Bitcoin just today.

You can create custom tomeframes like, 7 minutes, 13 minutes, 58 minutes, etc. You can create charts using non-time based resolutions like Renko, PnF, Price Breaks and Kagi.

You can apply drawing tools, like trandlines, Ganns and Fibos. You will no longer need to do it in Paint or by applying a ruler to your monitor.

You can overlay BTCUSD with EURUSD for cross-currency analysis.

And of course you can apply many indicators. You can also calculate risk/reward ratios on the trades you want to take.

This website https://www.tradingview.com/ just launched real-time Bitcoin analysis https://www.tradingview.com/e/?symbol=MTGOX:BTCUSD# based on MtGox data. As you can see from attached picture users can create custom timeframes like 8 minutes, 9 minutes, etc. It is possible to create renko bars and other non-time resolutions.

It is possible to add drawings, indicators, calculate risk/reward ratios, it is possible to overlay BTCUSD with EURUSD for cross-currency analysis.

Maybe you'll find this website inspirational for your undertaking.

Finally tradingview offers BTC charts 

1. How much BTC, USD or other currency is needed for the project to succeed and over what period of time? Do you have a budget (in Excel)?

2. How much would you invest?

3. 1-2=equity to be paid by investor(s) - this is important to know how much is needed so that a potential investor can easily calculate if he or she fits the project and what type of control (managerial, operational) he or she can exercise and to what extend (over funds invested and the project itself).

Could you please post some screenshot of your website?

Good.

1. Offer to your clients for free MT4 or MT5: http://www.metaquotes.net/en/company

2. Integrate (data feed + trading gateway) with MC http://www.multicharts.com/ and NT http://www.ninjatrader.com/

and you will kill other exchanges. what your competitors offer in this regard is laughable.


MT is a standard free-for-end-users charting and trading application in forex market. MC and NT are leading non-free (up to $1.5k per license) charting and trading applications for traders in forex and futures markets.