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Bounty for anyone that gets this to work with Vircurex to automatically convert back to BTC...
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http://exchange.bytecoin.in/ - 0.00042 bids. I get it, hardcoded cant be ragularly updated, but I believe you missed the only BTE exchange and used one of manual escrow list's instead. Temporarily upped to that rate, but really need a true Bytecoin exchange. |
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http://exchange.bytecoin.in/ - 0.00042 bids. I get it, hardcoded cant be ragularly updated, but I believe you missed the only BTE exchange and used one of manual escrow list's instead. Yes, I did. Even with the exchange, looks like it isn't too long before the pricing I have on the site is accurate. If you know the site owner, I would love a simple way to see what the highest price is via a simple web call, but until then, since I am manually editting, I can't take the highest price. |
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Difficulty swings dramatically in TRC now. It could be a timing issue - look at the block count to see which site is quicker.
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Why does this website have so different results partly? http://coinchoose.com/For example this site here shows 70% ratio, the linked one shows 126%. The values seems to be relatively even. Which currency? To things differ on the calc between dustcoin and my site. Mine uses only Vircurex for the pricing, while Dustcoin looks at other exchanges as well (like BTC-e). In addition, with regards to TRC, mine now does an averaging of the difficulty over the past hour (since it is prone to wild swings now). I am not sure what Dustcoin does. |
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As a general remark, it would be great to have access to a log of what happened with the account. Coins in and out, loans funded, payments made in/out etc. Am I the only one missing that feature?
Nope - I can't find it either. |
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Heh - I have that site. Having a few issues with the zapto API (which isn't quite as well documented as I hoped). Working with the Zapto's site creator to work through them....
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Given that the profitability factor looks at exchange rates into BTC, my guess is alt currencies are considered once there is an exchange with an API that allows for retrieval of pricing. On my site I added Bytecoin, but only with a hard coded exchange rate based on the info thread. I suspect Dust has the same issues.
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I know you are implementing collections and more legal enforce-ability. You may want to engage an attorney in various jurisdictions to see the default rules on loans and applicable usuary laws. Right now, I suspect not saying you can't prepay and allowing people to prepay effectively allows prepayment and thus should impact the interest calculations. Thus a lot of people may have overpaid. However, I could be wrong.
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Not sure if anyone has noticed, but the columns are sort able. It also reloads automatically...
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This is just a micro press release (not sure where to put it). Bitcoin Businesses can generate income, http://www.ounce.me just signed CampBX and Satoshi Dice for advertising. We're getting paid in Bitcoins, so in essence starting a bitcoin business can work. If you go to Ounce.me you'll see their ads there. Seriously this made me feel like there is a chance we can build bitcoin economy. Did they approach you or did you approach them? |
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attempting to tell us terracoin profitability looks to be an exercise in futility right now.
i cannot even figure out how much i will make a day from that screwy alt coin.
On my site I have just been averaging the past 4 hours of profitability. Still not exact but it is crazy to keep track. |
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Maybe I am missing where the functionality is that allows me to see the payments I have made, the interest portion of that payment and the portion allocated to principal. Your system physically allows early payments so perhaps you want to disable that until the calculated interest is adjusted accordingly.
As I have mentioned before, it is not an interest rate discount, but a calculation that takes into account the time value of money. Easiest example is this - 1.00 with a interest rate of 10% per day. If I pay you in full on day 1, I will pay owe $1.10 (and owe nothing more). If I pay you on day 2, I will owe you $1.21. Same interest rate, but waiting longer allows the interest to accrue. On day 1, the principal paid back is $1.00 and interest is $0.10. On day 2, the interest went up to $0.21 (assuming daily compounding). In other words, earlier payments decrease the accumulation of interest even though the rate stays the same. BTCJam does not account for this nor does it have terms that prohibit early payments. This is a large problem and means many people that paid loans there potentially overpaid.
I'll leave aside my issue that my amortization calculator does not match yours, but hopefully when I find the section that shows me my past payments (anyone else see this on the site?), I can see the error of my spreadsheet.
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I believe people found issues with it. There is an active thread regarding someone setting up a PPCoin pool where he gives up on pushpool.
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Yeah, you can't really call it interest at that point, since you can't really charge that amount if you are not owed it.
I appreciate all the changes BTCJam, but if they want to move into the real world of collections, transparency is going to be the key. The incorrect interest calcs, plus the inability to see what payments were made and when as well as the impact on principal and interest is a HUGE problem for this site. I may sound like a broken record, but in the meantime BTCJam is opening itself up a large potential issue that can EASILY be avoided thru transparency. |
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I'd think so, as long as you install python (which might already be installed in BAMT). |
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Make sure you select MHs. I noticed the other day they were both defaulting to KHs.
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I did this back in 2011 - I'll have to find my code  |
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