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1121  Economy / Economics / Re: Growth, Interest and Wage Inequality - To the austrian economists here on: July 13, 2011, 08:03:10 PM
There is more demand and less supply for skilled labour, no?
1122  Other / Politics & Society / Nation States game. on: July 13, 2011, 07:31:20 PM
Has anyone played this? I tried to create an anarcho-capitalist nation. Clearly the game is biased towards some sort of mixed democratic system.

http://www.nationstates.net/nation=libertarctica

I also made the region The Lands of Anarcho Capitalism.
1123  Other / Politics & Society / Re: Moral relativism and libertarianism compatible? on: July 13, 2011, 07:26:46 PM
I'm probably best described as a moral subjectivist and a libertarian.
1124  Economy / Economics / Re: Selling bitcoin trading bots on: July 11, 2011, 11:14:10 PM
Well if someone makes an open source trading bot, I'll certainly be peaking.
1125  Economy / Economics / Re: Selling bitcoin trading bots on: July 11, 2011, 10:13:15 PM
It depends how much further profit is worth in comparison to the interest in seeing other people's opinion etc.
1126  Economy / Economics / Re: Selling bitcoin trading bots on: July 11, 2011, 09:56:51 PM
If I made a lot of money on a bot, eventually I'd release it once I feel I made enough from it.

I'm rewriting my bot in C from python. It's 150 lines so far and I've only implemented a tiny part of the python script in C. It takes about 10 times more code but I like C.
1127  Economy / Economics / Re: Image of my Trading Bot (and it's low power!) on: July 10, 2011, 05:16:26 PM
Can his bot adapt automatically? What if he runs it for a long time but the strategy used is no longer appropriate to changing bitcoin circumstances?
1128  Economy / Economics / Re: Image of my Trading Bot (and it's low power!) on: July 10, 2011, 05:08:46 PM
Database? No idea why that is needed.

All I can say is my algorithm is supposed to do lots of computations to create the best results but my tests are making me disappointed so far. It's by no means supposed to be a simple algorithm set to follow one simple strategy.

It's in early stages though.
1129  Economy / Economics / Re: Image of my Trading Bot (and it's low power!) on: July 10, 2011, 04:56:49 PM
Downloading the data takes about 2 seconds maximum and the rest takes almost 30 seconds to compute. My algorithm runs on a single thread when I could separate tasks out to 50 cores including the 48 cores the GeForce 320M apparently has.
1130  Economy / Economics / Re: Image of my Trading Bot (and it's low power!) on: July 10, 2011, 04:09:28 PM
I could increase the performance by taking advantage of GPU parrellel computing. The performance increase could be massive. I will look into it.
1131  Economy / Economics / Re: Image of my Trading Bot (and it's low power!) on: July 10, 2011, 02:48:39 PM
My bot is supposed to figure out everything in roughly 30 seconds with 4 days of price data. I don't have to train it over time. I hoped it would adapt to the flatter prices and stop making poor signals but I have run the algorithm very long, so I will see what happens over a bit more time...
1132  Economy / Economics / Re: Image of my Trading Bot (and it's low power!) on: July 10, 2011, 01:49:17 PM
How is it performing now, since the bitcoin price has become rather flat?

I'm sure my bot will pick better trades if prices become more volatile again. It's easy to make false signals when it is flat.
1133  Bitcoin / Bitcoin Discussion / Re: What programming language to learn? on: July 10, 2011, 01:45:56 PM
What do you want to do for bitcoin? If you want to understand the client, you'd need to understand C++.
1134  Economy / Economics / Re: Image of my Trading Bot (and it's low power!) on: July 10, 2011, 01:52:43 AM
Do you use the bitcoincharts.com API? It says I shouldn't rely on it, so I collect and cache prices myself.
1135  Economy / Economics / Re: Image of my Trading Bot (and it's low power!) on: July 09, 2011, 09:15:15 PM
I had a GUI and I removed it. It makes little difference actually but it crashed a few times so I reverted to file and command line UI.

I do cache the data. You use a service which contains more data than the APIs from Mt Gox, Trade Hill or other places? With those APIs you have to download all the data available an then select and append data to the cached data.

You've used python I see. I have used python as well but I will likely try to convert it to C to try and get as much out of it as possible. I use pysco to improve performance.

If I increase performance I can also increase the complexity of the algorithm.
1136  Economy / Economics / Re: Image of my Trading Bot (and it's low power!) on: July 09, 2011, 07:34:17 PM
Maybe I didn't give it chance but I made what I believed to be two improved versions which I'm testing now. I have to wait for the simulated results since the algorithm can't be sped up very much.

I can't really use many more than about 8 days of data for performance reasons. Wink I should hopefully increase performance however. I also need to do more tests.
1137  Economy / Economics / Re: Image of my Trading Bot (and it's low power!) on: July 09, 2011, 06:55:29 PM
I'm making a bot and it's annoying because I run my Macbook 24/7 which isn't convenient.

My tests so far have been negative. Sad One version made a simulated loss of 25% in only about 2 days.
1138  Economy / Marketplace / Re: THE Place to Shop w/ Bitcoin: BitCoinWorldMarket.com on: July 09, 2011, 06:26:26 PM
Do people seriously pay 4 times as much for an SD card on brand?
1139  Bitcoin / Bitcoin Discussion / Re: Fun Calculation For The Day on: July 09, 2011, 06:22:49 PM
So the price of gold is completely based on how much there is?
1140  Economy / Marketplace / Re: THE Place to Shop w/ Bitcoin: BitCoinWorldMarket.com on: July 09, 2011, 06:21:22 PM
The 16GB card is 5.58btc, at 14.5 USD/BTC that is $80.91. They are about $20 on Amazon. Thats a huge difference.
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