Hey Hazek, the source itself will remain closed. However, we don't mind releasing some of the pseudo-logic of the order process after we've made sure we have filed all the IP protection rights we're within legal rights to own and have passed all security audits (which we will complete both internally and through a third party after our seed capital raise) to ensure we're not opening ourselves to exploits. We will do a detailed write-up of many of the implemented and to-be implemented security measures we take to protect our users.
That's good to hear because the main reason I'm asking is it's the only way we can really know whether or not your platform is a bucket shop like Bitcoinca was or not. I don't know if you're familiar with the expression "getting Zhou Tonged" but it's certainly not something I'd like to see being used with regards to your platform  |
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Would you be prepared to disclose the precise logic of how your trading platform executes trades, in other words would you be prepared to share pseudocode for the exchange mechanism?
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Did you also fix the search algo? That was the other really big issue with your store for me..
This will be fixed as well. Several people are working on improvements full time. Great to hear, keep it up! |
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/gigacrush énorme
^ qft The issue with anarcho-socialism is that anarchism means no rules and socialism is a set of rules. There are rules in anarchism, just no rulers. That's the real difference between anarcho-capitalism and practically everything else. |
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Did you also fix the search algo? That was the other really big issue with your store for me..
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I believe it has to do with zoom. Zoom out by holding down CTRL and then press -
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I'm currently seeing a 17%+ excess cost due to BTC exchange rates.
Is this normal?
The price seems to be using around $20.5 instead of somewhere near $24
Sorry if this has been discussed - but where is the explanation for how & when the exchange rate is calculated? Is it a 30 day average or something?
The site miscalculates the exchange rate.. you'll get the real price in BTC at checkout. It's a bug that they said they would fix.. |
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But if you're educated in the matter, please inform me what the ideal economic circumstance is. The ideal economic circumstance is the one that all participants freely choose; the circumstance that exists when coercion is removed. Precisely this, and regardless of the outcome. Everything else is enslavement and I do not agree to any of it. |
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but it does mean that the balance of saving/spending will be tilted in favor of more saving and less spending, meaning it is not economically optimal.
Bullshit on a stick. Prove it. Prove that it is not "economically optimal". p.s.: After you fail, this comic book might give you an idea why you failed: http://www.youtube.com/watch?v=bFxvy9XyUtg |
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Sorry Hazek, I did not get time to work on the charts this weekend. Unfortunately due to the downtime some other things had to take priority, like setting up a proper monitoring and alert system since pingdom isn't cutting it anymore. I don't have an ETA at the moment. That's perfectly reasonable and I understand. I hope you can get to it soon, as always, keep up the good work! |
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I'd be interested to hear how others feel on this topic.
Let's suppose someone offers to sell you some bitcoins at a good price, do you feel you have any obligation to know where the bitcoins came from?
For example let's say a terrorist group in the Middle East buys or mines bitcoins, send them a cell in the USA. The cell member trades them with you for cash, and then uses the cash to buy bomb parts to blow up a building killing 100s of people.
Would you feel any remorse or would you just feel like it was nothing to do with you? And if you would feel remorseful do you feel that you have any obligation to inquiry before you buy the coins as to where they came from and how the owner got them?
No? Remorse for what? Voluntary trade of value? I would however avoid trade with people I believe aren't working towards the same goal as me, the goal of living in a society that is free to maximize it's potential. In fact I'd actively ostracize such people. |
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This guy is like the apocryphal aerodynamics engineer who patiently explains why it's impossible for a bumblebee to fly.
Hahaha awesome analogy  |
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Bitcoin money base is still growing at the moment, but the deflationary expectation is starting to settle in.
With a deflationary currency, people have the tendency to save, it is harder for businesses to make money in this kind of deflationary environment.
If I am not mistaken, since the inception of Bitcoin economy, in this system, very few business has been more profitable than savers.
So, if it's not good for trading, it's destined to be a tool for saving?
FYP And no, being good tool for saving doesn't preclude it from being a good tool for trading. Actually it's quite the opposite, only a good tool for saving can possibly drive healthy trading. |
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Successfully updated on Win7x64. Reindexing took a 7 hours or so, did it with -dbcache=2000, after it was finished I closed it without a problem and I have since ran it again without that command and it works. I haven't tried sending or receiving anything.
I'd still like to get an answer when, if at all, will there be an option to enter a username and password for a proxy server?
Running now for over 36hours without a problem. |
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He is a retard. Doesn't know what he is talking about. lol....so fail
He does make some sense in the end: https://www.youtube.com/watch?v=MjlaE1DhiKU&feature=player_detailpage#t=689sNow that I've heard that, what this looks like to me is someone realizing how unbelievably wrong they were and to save face the only option he saw for himself was to reaffirm his sophistry to his audience but at the same time correct his mistake and start giving this technology credibility. So he many not be a complete idiot, just a slimy douchebag who realized he was totally wrong and is now trying to keep his audience. |
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I have a feature request. Could you please be slightly more verbose about all the charts? Could you please add a chart that shows the count of addresses that actually hold coins? I will add this chart and the one suggested previously at the weekend. Hey piuk, I assume the above didn't make it into your busy schedule for the past weekend but would you perhaps have a new ETA for it? Just curious.. |
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Such nonsense.. Don't waste your clicks.
You didn't listen to the entire video all the way to the end, did you? No, of course not. |
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Such nonsense.. Don't waste your clicks.
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"the economy will crash because it's growing too much!"
Price of bitcoin goes up because of real economic growth -> no one spends bitcoins because they'll be worth more. -> economy contracts because there is no commerce so price goes down. -> people spend their bitcoins because they'll be worth less -> [back to start]
This illustrates a control system with a negative feedback loop. This is inherently stable (control systems theory).
Deflationary spiral argument is complete bullshit invented to justify printing money to serve political ends. Deal with it.
I couldn't have said it better myself. |
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