Since the DDOS yesterday, MtGox turned off API support for anything calling the older https://mtgox.com/api pages and is now only allowing orders to be placed through their data.mtgox.com url calls. I haven't looked on the forum much but didnt see this announced anywhere. Over the next few days I imagine others who run bots will pick up on this, fix their code and re-start their bots. *edit* To clarify, I believe the API functions to query order response / account data were changed. Plz forgive my ignorance. Are the bots hostile toward Mtgox? No, when I talk about bots, I mean the scripts that are written to trade on mtgox through their API. These scripts usually trade high volume (much more volume than users using the website interface).
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A balanced portfolio is definitely the best bet. Since the DDOS yesterday, MtGox turned off API support for anything calling the older https://mtgox.com/api pages and is now only allowing orders to be placed through their data.mtgox.com url calls. I haven't looked on the forum much but didnt see this announced anywhere. Over the next few days I imagine others who run bots will pick up on this, fix their code and re-start their bots. *edit* To clarify, I believe the API functions to query order response / account data were changed.
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Well to be honest Warren is a smart investor if he doesn't understand something he won't invest in it that's why he tends to stay out of IT related stuff and Bit is IT related. Doesn't mean he does not like bitcoin or disapprove just that hes not aware of it and lacks a perfect understanding that's what makes him the oracle he is willing to admit his weaknesses and focus on his investment strengths.
Yep, the biggest point I took from reading the many books written about his investment philosophies: A. Invest within the bubble of what you know B. Don't invest in technology These were all written in the days before he invested into IBM but they all show his reluctance to jump into the crazy world of technology let alone bitcoin. I guess that philosophy works for him being one of the richest men alive so who are we to argue.
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I don't understand this completely, can you elaborate where my current balance is from? Also, one of the basic functionalities, outgoing address/tx id is kinda missing in this table. BTC.sx Account History
Trade Entry Type Amount Date/Time 2 TradeShort - Deposit -0.10000000 2013-04-30 09:06:11 1 TradeShort - Deposit 0.10000000 2013-04-30 00:17:01 1 Trade - PnL 0.00000000 2013-04-30 00:17:01 Withdrawal -0.30000000 2013-04-29 19:55:33 Deposit 0.15000000 2013-04-29 17:42:40 Deposit 0.15000000 2013-04-29 15:52:14 Is this normal? Not at all normal. Your account has been fixed.
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Got beta access, so far not looking too good. Spread is huge, but thats just one of 100 things that bother me (lots on a security side of things, like changing your pass w/o the need of need to know the current one, no 2FA, list goes on, have you ever made a secure website before?). One of the more funny one is "Trade without limits" on the front and in the FAQ: "Trade Limitations: A maximum of 2 positions may be opened in both directions. This is not recommended unless it is part of a hedging strategy.". I could (once and if it goes out beta) create 100 accounts and go around this stupid and arbitrary limit?
Anyway, loaded in some change and lets see how it goes.
Hey kakobrekla, I appreciate the suggestions. A number of improvements will be made within the next few days to sort out these issues. I'm in the process of reviewing some 2FA providers to help with the site's security, at this stage our preference is Authy. For me, the need for an additional dongle rules out Yubikeys and I have reservations about using Google's two factor authentication due to the handling of additional keys. Since the beta testing has started, we've placed almost ~80 trades one of which bugged out. Unfortunately that one was yours. Can you send me an email at support@btc.sx with any further details of the short position you tried to place. I'm on it. P.s. Send me a bitcoin address. To show some appreciation for your time and suggestions I'll be sending over 0.1btc.
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Perth WA, the most isolated shithole capital city in the world HAHAHAHAHAHA, spoken like a true aussie. good govt initiative to a money grabbing institution. So I'll be happy to leave them anyway.
Isnt that the whole of australia in general? This entire country is just one big rip-off! $3 bucks for a bottle of water, whats that all about!?
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bitfloor did it correctly
limit orders should get a fee RETURNED
market orders should pay the fee
Or at least passive limit orders (ie. won't execute immediately) are free. On top of that, order fees should be flat + % (eg. BTC0.01 per trade, plus 0.5%). That will kill the micro-trading bots. On top of that, there should be a fee for cancelling short-lived orders. Say, any order that lived in the book less than 1 minute gets charged BTC0.01 cancellation fee. You get five free cancels per 24 hours (plenty for fat finger fix-ups), plus for each execution you get a free cancel (so people can actually do trading if they want). Or something similar that would stop quote-stuffing. Sounds good in practice, but the logic behind the system might be hard to keep track of. Taking what you've stated in the OP and what btc-e.com does, I think it would be a good idea to charge a small trade fee 0.1% or less and charge a withdrawal fee as well. Understandably, brokers have to make a profit from somewhere too. I would also charge a licencing fee for anybody who wants to use the API as developers using these API's are the ones that place the most strain on the system. Thinking out aloud, free for basic use would be a good idea but then $10 or so a month for trade placing will put off kids running 1 cent scalping bots.
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Who's got one and what do you run on it?
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Congrats, where abouts in Aussie are you? Housing here is soooo expensive!
Out of curiosity, how do you get your money back to AUD as there aren't many AUD brokers here anymore, they all keep getting shut down?
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There are a lot of posts from people who have tried to graph out google searches with prices. The results are always indecisive as it depends on who is interpreting them.
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Best of luck. It might be a good idea to post this in the project development / services subforum for more visibility.
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A number of banks in the Uk have not been kind to bitcoin related businesses. - Barclays Bank prevented MtGox, Intersango and Blockchain.info from accepting GBP.
- Metro Bank - Intersango used them for a while
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Introducing an intuitive trading system designed simplify leveraged (geared) trading. Our modelOur platform is designed to allow the trading of bitcoin using bitcoin without the involvement of fiat. Long and Short?Yes that is correct, for both long and short positions to be opened, no USD or Fiat is required. This was done to take the headache out of managing multiple currency accounts and removes the risk of fiat transfers or holdings. How is that possible?When a position is opened, a deposit is taken (this acts as collateral). Our trading engine will then place a leveraged open market order. Upon liquidation, PnL will be calculated on the (closed) market order automatically. The deposit will be returned on close and profits paid out (or losses deducted). Free trading for day tradersTrades opened and closed within 24 hours will not be charged. Funding is charged at a daily rate for every subsequent 24 hour period. Who's behind it?A number of individuals helped create the algorithms required to place open market orders without the dependency on CFDs or futures using a privately traded reserve. Most of the coding was done by myself. See our press release here. Each of us brings a wealth of experience in finance (retail and investment banking), regulation and accounting. SecurityNo bitcoins or bitcoin private keys are held on our server. Withdrawals are handled from an offline wallet after daily reconciliations are performed against each and every account. FundingBTC.sx is funded by $150,000 of private equity. Crunchbase.Fractional ReserveWe do not operate on a fractional reserve banking model. Tier 1 CapitalBTC.sx is funded privately. We operate with a tier 1 total capital ratio level of 100% minimum. Where?Visit BTC.sx. *Update* - 5th June 2013 - Private beta has ended. Regular account sign-ups welcome.
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I'm very impressed. Ask him to come on here to post. He's doing great work for promoting bitcoin. I'll tip once you can verify that the address is his.
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Edwin Lefèvre - Reminiscences of a Stock Operator
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I'm currently based out in Sydney and want to wish you guys the best of luck. Australia is under-represented in the bitcoin market. If any of you guys wanna meet up to talk, give me a shout. I've worked with a number of the big players in the market and have been to the MtGox office in Tokyo so always have plenty of ideas
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Hi all,
I'm interested in talking to anybody with marketing experience. I am after someone to help me write a press release for a new website I am about to launch shortly. The more experienced you are and the more exposure you can get me, the better.
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