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Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
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on: May 24, 2013, 10:49:19 AM
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Agreed, moonshot bids for $20 coins don't really count. I keep meaning to create an index that divides each bid/ask by the % distance from the current MMR. I think it would be much more insightful. I just can't square the maths to adjust for the fact that bids only differ by 100% but asks can be many 1000% higher. Anyone know how to properly adjust for that?
Simple, just base it on the logarithm of the price. Thanks, but I think I've got it now. It's simpler than that. One re-bases the order book so MMR is 1. lets call it $125. A $100 dollar bid at $10 dollars gets weighted by 0.08. An equally weighted ask of $100 would be priced at $1562 (the price at which current MMR represents only 8%.) So who do I need to beg for historical daily snapshots of the full depth API? I'll pitch in half the 200btm if you share it with me. Bingo. Thanks. I almost missed that reply. I'll get in touch with the dude after some tests on the old data. As an aside; I can't help but feel I'm re-inventing the wheel here though. Brokers have had Level 2 data for years, why don't we have common TA indicators for depth like we do for Volume and Price. Am I missing something? Is this kind of thing common in CFA textbooks? |
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123
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Bitcoin / Bitcoin Discussion / Re: You like vim? Donate to Bram Molenaar in BTC and help kids in Uganda
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on: May 24, 2013, 09:43:25 AM
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P.S. - Maybe this helps out a frustrated newbie: one of my biggest gripes with VIM that almost made me give up on it when I was learning, was the seemingly asanine decisiion to use the "ESC" key to exit insert mode, since it forces your left hand to leave the home keys, all the time. I later found out that you can use Ctrl-[ to exit insert mode, and that was what I needed to be happy. If you hated because of the escape key, give it another shot now  QFT. This is good advice. I'm a happy user of `setxkbmap -option caps:swapescape`. I noticed the other day that google chromebooks go so far as to replace capslock with a kind of quick-search button. |
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129
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Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
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on: May 23, 2013, 08:38:32 PM
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That's pretty big news. I don't like the sound of it one bit. The media could dine out on that.
Under 10% of people in China own a car. 40% of families don't own a fridge. The average Chinese person has the same buying power an 9 year old american boy. The people in China with money, will buy/hold/sell BTC as they please. Mass adoption in China was overblown, buying a fridge ranks slightly higher then BTC. You're missing the point. That's 1,200,000,000 cars that now won't be bought with bitcoin, because the people with money in China (the one's who own businesses) will do as they are told and not accept bitcoin. They would rather keep their businesses. |
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130
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Bitcoin / Press / Re: 2013-05-23 The Genesis Block: Are we primed for a new high?
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on: May 23, 2013, 06:53:20 PM
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While I praise the development of dedicated bitcoin news sites; we need to make a collective decision about whether we are just going to regurgitate everything here in the Press section. Perhaps it's best If we only post CoinDesk/GenesisBlock stuff when they have an actual news scoop? I'm open to debate. What do people think?
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132
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Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
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on: May 23, 2013, 05:15:57 PM
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As this is our own FUD-spreading thread, let me quote you the email that the Blockchain.info operator got from Twilio, regarding a possible action against Bitcoin in China: Hi Ben,
We got further information from our carrier confirming that business such as bitcoin is not a proper financial tool in China and the Authority may treat bitcoin as an illegal business. Unfortunately the China Telecom Authority has requested that all bit-coin traffic to China be blocked.
As the provider of the phone number, Twilio is responsible for assuring the carriers that no more traffic related to bitcoin will be sent to China. Therefore, I have removed your international SMS permission to China. Please do not turn this on or try sending SMS messages to mobile numbers in China. Doing so will very likely lead to immediate account suspension.
Again I'm sorry for the convenience. Please let me know if you have any additional questions.
Thanks,
Twilio Customer Support Source: https://bitcointalk.org/index.php?topic=40264.msg2243603#msg2243603That's pretty big news. I don't like the sound of it one bit. The media could dine out on that. |
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134
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Other / Meta / Re: Bitcointalk needs to evolve
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on: May 23, 2013, 04:49:37 PM
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Why not try using Discourse by the creators of Stack Overflow? Looks like really cutting-edge forum software. That's a good forum software for discussions etc but it doesnt have alot features that this community needs. It's not just a bitcoin discussion community anymore, people buy/sell stuff here and it has a pretty big marketplace. Only forum software with good features and support is best for it like xenforo which DP is using now https://forums.digitalpoint.com. Theymos already slapped the idea of Discourse down, but I think that was a bit rash. He should at least tell Jeff Atwood that there's 700 grand in it for him if he can incorporate our needs into the Discourse code-base! |
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135
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Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
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on: May 23, 2013, 04:06:32 PM
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Agreed, moonshot bids for $20 coins don't really count. I keep meaning to create an index that divides each bid/ask by the % distance from the current MMR. I think it would be much more insightful. I just can't square the maths to adjust for the fact that bids only differ by 100% but asks can be many 1000% higher. Anyone know how to properly adjust for that?
Simple, just base it on the logarithm of the price. Thanks, but I think I've got it now. It's simpler than that. One re-bases the order book so MMR is 1. lets call it $125. A $100 dollar bid at $10 dollars gets weighted by 0.08. An equally weighted ask of $100 would be priced at $1562 (the price at which current MMR represents only 8%.) So who do I need to beg for historical daily snapshots of the full depth API? |
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137
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Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
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on: May 23, 2013, 01:32:48 PM
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-Bitstamp Orderbook is looking better every hour
Unfortunately I do not see that. Bid sum at Bitstamp was $955k a few days ago. Now its $1.05M. That's a tiny improvement. And it is still a joke compared with the $20M sitting on Gox's order book. Total bid sum may not have increased as much, but lots of fiat was used to eat into the huge ask wall. Also bid sum from $100+ has increased by about 50% the past couple of days. Agreed, moonshot bids for $20 coins don't really count. I keep meaning to create an index that divides each bid/ask by the % distance from the current MMR. I think it would be much more insightful. I just can't square the maths to adjust for the fact that bids only differ by 100% but asks can be many 1000% higher. Anyone know how to properly adjust for that? |
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