Bitcoin Forum
April 25, 2019, 07:09:23 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Do you Accept Komodo ICO conversion vs Reject Komodo ICO conversion and fund new dev team?
Accept - 140 (68%)
Reject - 66 (32%)
Total Voters: 206

Pages: « 1 ... 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 [107] 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 ... 551 »
  Print  
Author Topic: BTCD is no more  (Read 1312717 times)
jl777
Legendary
*
Offline Offline

Activity: 1176
Merit: 1089


View Profile WWW
July 24, 2014, 12:18:03 AM
 #2121

I have a question for active traders.

I am implementing the InstantDEX order matching and it will be negotiated on a trade by trade basis "directly" between nodes. [of course by "directly", I mean via each nodes privacyServer so that way you can trade with anybody without worrying they are trying to locate you via your IP address]

What this means is that you will be getting offers to trade from others when they decide to make an offer. Now this would be annoying if it starts coming in like spam, but the making offer side will have logic to only submit offers that are likely to succeed, eg. you have posted a bid/ask that they like. Since the trades will be matched peer to peer, there is no way to guarantee that your quote is still valid, as two people can make an offer at the same time and one of them will get there first, so there is a chance that a valid quote on the orderbook wont be accepted when you make an offer.

This fundamental characteristic naturally leads to a query/response to the trading process and now I know you are thinking, if you have a query/response behavior anyway, might as well generalize it and automate it. Thats exactly what I thought!

What I am talking about here is allowing users to easily create a trading bot that follows simple rules. Nothing as complex as metatrader stuff, but much more than simple limit and stop orders. Ive traded forex for so many years with my custom trading system, I cant tell anymore what it complicated or simple. So I need some feedback as to what sort of complexity can be useful for traders. Eventually, the plan is to integrate in something like FIX so that big trading houses can plug directly into InstantDEX, but for now I think the more standard JSON API is the way to go, at least for InstantDEX tradebots. I want to have a way for non-programmers to setup a "tradebot"

Here goes my attempt:

Buy or Sell
Volume
Ave price
highest/lowest price

The above four things seem to me what is most important. You want to buy or sell a certain amount and as long as you get the average price, then the details as to each subtrade are not so important, though setting the highest price to buy or lowest price to sell seems to be required, if only to prevent the bot from going crazy and selling for silly prices.

I want to take the emotion out of the trading. If you can logically determine, I want to buy X amount @ price, click a button and if the market had allowed such to happen, then the trades get done and if not you will be guaranteed of at least the extreme price and if I code it right usually will end up around the average price. By taking the emotion out of it, it will usually be a better result.

Feedback appreciated. No sense in my implementing features nobody will use.

James

P.S. A privacy related thing, if you trust your privacyServer to properly clear the trades, then it will be possible to use the trading process itself to gain privacy. Like the guy on the telephone at the auction. Your privacyServer could be trading on your behalf, but of course this adds a great deal of trust you put into the privacyServer


http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
100% New Software
PC, Mac, Android, & HTML5 Clients
Krill Rakeback
Low Rake
Bitcoin Poker 3.0
Bad Beat Jackpot
SwC Poker Relaunch
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1556219363
Hero Member
*
Offline Offline

Posts: 1556219363

View Profile Personal Message (Offline)

Ignore
1556219363
Reply with quote  #2

1556219363
Report to moderator
paulthetafy
Hero Member
*****
Offline Offline

Activity: 815
Merit: 1000


View Profile
July 24, 2014, 12:34:25 AM
 #2122

I have a question for active traders.

I am implementing the InstantDEX order matching and it will be negotiated on a trade by trade basis "directly" between nodes. [of course by "directly", I mean via each nodes privacyServer so that way you can trade with anybody without worrying they are trying to locate you via your IP address]

What this means is that you will be getting offers to trade from others when they decide to make an offer. Now this would be annoying if it starts coming in like spam, but the making offer side will have logic to only submit offers that are likely to succeed, eg. you have posted a bid/ask that they like. Since the trades will be matched peer to peer, there is no way to guarantee that your quote is still valid, as two people can make an offer at the same time and one of them will get there first, so there is a chance that a valid quote on the orderbook wont be accepted when you make an offer.

This fundamental characteristic naturally leads to a query/response to the trading process and now I know you are thinking, if you have a query/response behavior anyway, might as well generalize it and automate it. Thats exactly what I thought!

What I am talking about here is allowing users to easily create a trading bot that follows simple rules. Nothing as complex as metatrader stuff, but much more than simple limit and stop orders. Ive traded forex for so many years with my custom trading system, I cant tell anymore what it complicated or simple. So I need some feedback as to what sort of complexity can be useful for traders. Eventually, the plan is to integrate in something like FIX so that big trading houses can plug directly into InstantDEX, but for now I think the more standard JSON API is the way to go, at least for InstantDEX tradebots. I want to have a way for non-programmers to setup a "tradebot"

Here goes my attempt:

Buy or Sell
Volume
Ave price
highest/lowest price

The above four things seem to me what is most important. You want to buy or sell a certain amount and as long as you get the average price, then the details as to each subtrade are not so important, though setting the highest price to buy or lowest price to sell seems to be required, if only to prevent the bot from going crazy and selling for silly prices.

I want to take the emotion out of the trading. If you can logically determine, I want to buy X amount @ price, click a button and if the market had allowed such to happen, then the trades get done and if not you will be guaranteed of at least the extreme price and if I code it right usually will end up around the average price. By taking the emotion out of it, it will usually be a better result.

Feedback appreciated. No sense in my implementing features nobody will use.

James

P.S. A privacy related thing, if you trust your privacyServer to properly clear the trades, then it will be possible to use the trading process itself to gain privacy. Like the guy on the telephone at the auction. Your privacyServer could be trading on your behalf, but of course this adds a great deal of trust you put into the privacyServer



I love it.  I love this coin even more. 

I lost a huge amount of coins after accidentally deleting my wallet (see earlier posts), but that has not deterred me.  Like you James, I am now buying.  My target buy price was 180-200k but after waking up this morning (Sydney) to see the price at 150k I'm a happy man.  I had several 250-500 buys filled down to 150k and have just rounded out my buying for today with a few more at 160k.  If the price drops more 'll keep buying.  Weak hands can dump it down further if they want, there are plenty of us in the know that will catch them all the way down.  In 3-6 months, they will not be happy.  3-6 months, we will.

James keep drip-feeding the features.  I want to establish a privacyServer but am still having issues with Ubuntu 14.  I'll ditch that server and use another with 13.  Question on privacyServer... How are they identified in the app in order for users to "know" which one they are choosing, since the IP of the privacyServer is not known (I assume)?
 

mellorbo
Hero Member
*****
Offline Offline

Activity: 621
Merit: 500


View Profile
July 24, 2014, 12:42:30 AM
 #2123

hey guys how long does it take in order for coins to mature in order to be able to stake them. i have my wallet un encrypted and have had deposits received yesterday but it says my coins have not reached maturity


next to the transaction in the transaction list theres a lil "clock" shows u how long it takes. stand with your mouse there and itll say how many more it needs to mature if im not mistaken

both of my transactions have confirmed one has 1347 confirms the other has 742 confirms
jl777
Legendary
*
Offline Offline

Activity: 1176
Merit: 1089


View Profile WWW
July 24, 2014, 12:44:15 AM
 #2124

I have a question for active traders.

I am implementing the InstantDEX order matching and it will be negotiated on a trade by trade basis "directly" between nodes. [of course by "directly", I mean via each nodes privacyServer so that way you can trade with anybody without worrying they are trying to locate you via your IP address]

What this means is that you will be getting offers to trade from others when they decide to make an offer. Now this would be annoying if it starts coming in like spam, but the making offer side will have logic to only submit offers that are likely to succeed, eg. you have posted a bid/ask that they like. Since the trades will be matched peer to peer, there is no way to guarantee that your quote is still valid, as two people can make an offer at the same time and one of them will get there first, so there is a chance that a valid quote on the orderbook wont be accepted when you make an offer.

This fundamental characteristic naturally leads to a query/response to the trading process and now I know you are thinking, if you have a query/response behavior anyway, might as well generalize it and automate it. Thats exactly what I thought!

What I am talking about here is allowing users to easily create a trading bot that follows simple rules. Nothing as complex as metatrader stuff, but much more than simple limit and stop orders. Ive traded forex for so many years with my custom trading system, I cant tell anymore what it complicated or simple. So I need some feedback as to what sort of complexity can be useful for traders. Eventually, the plan is to integrate in something like FIX so that big trading houses can plug directly into InstantDEX, but for now I think the more standard JSON API is the way to go, at least for InstantDEX tradebots. I want to have a way for non-programmers to setup a "tradebot"

Here goes my attempt:

Buy or Sell
Volume
Ave price
highest/lowest price

The above four things seem to me what is most important. You want to buy or sell a certain amount and as long as you get the average price, then the details as to each subtrade are not so important, though setting the highest price to buy or lowest price to sell seems to be required, if only to prevent the bot from going crazy and selling for silly prices.

I want to take the emotion out of the trading. If you can logically determine, I want to buy X amount @ price, click a button and if the market had allowed such to happen, then the trades get done and if not you will be guaranteed of at least the extreme price and if I code it right usually will end up around the average price. By taking the emotion out of it, it will usually be a better result.

Feedback appreciated. No sense in my implementing features nobody will use.

James

P.S. A privacy related thing, if you trust your privacyServer to properly clear the trades, then it will be possible to use the trading process itself to gain privacy. Like the guy on the telephone at the auction. Your privacyServer could be trading on your behalf, but of course this adds a great deal of trust you put into the privacyServer



I love it.  I love this coin even more. 

I lost a huge amount of coins after accidentally deleting my wallet (see earlier posts), but that has not deterred me.  Like you James, I am now buying.  My target buy price was 180-200k but after waking up this morning (Sydney) to see the price at 150k I'm a happy man.  I had several 250-500 buys filled down to 150k and have just rounded out my buying for today with a few more at 160k.  If the price drops more 'll keep buying.  Weak hands can dump it down further if they want, there are plenty of us in the know that will catch them all the way down.  In 3-6 months, they will not be happy.  3-6 months, we will.

James keep drip-feeding the features.  I want to establish a privacyServer but am still having issues with Ubuntu 14.  I'll ditch that server and use another with 13.  Question on privacyServer... How are they identified in the app in order for users to "know" which one they are choosing, since the IP of the privacyServer is not known (I assume)?
 
you need to put in the IP address of your privacyServer. I could make it so you put in something like the pubkey or acct address, but I dont really see the point. the privacyServers will be publicly known, so nothing is lost by them publishing their addresses

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
Legendary
*
Offline Offline

Activity: 1176
Merit: 1089


View Profile WWW
July 24, 2014, 12:45:01 AM
 #2125

hey guys how long does it take in order for coins to mature in order to be able to stake them. i have my wallet un encrypted and have had deposits received yesterday but it says my coins have not reached maturity


next to the transaction in the transaction list theres a lil "clock" shows u how long it takes. stand with your mouse there and itll say how many more it needs to mature if im not mistaken

both of my transactions have confirmed one has 1347 confirms the other has 742 confirms
try exit and restart of wallet, somethings that kickstarts things

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
paulthetafy
Hero Member
*****
Offline Offline

Activity: 815
Merit: 1000


View Profile
July 24, 2014, 12:51:58 AM
 #2126


you need to put in the IP address of your privacyServer. I could make it so you put in something like the pubkey or acct address, but I dont really see the point. the privacyServers will be publicly known, so nothing is lost by them publishing their addresses


Ok so the thing I'm missing is how people will relate your IP to someone they trust - if people have the choice of using any given privacyServer, and the owner of that server having to convince the community of their authenticity and to trust them, I don't understand how that can happen.

rhkazani1
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
July 24, 2014, 12:53:55 AM
 #2127

If any coin that can do wonders that would be BTCD, James you have been really innovative, I will support the community in anyway I can.
paycum
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250


View Profile
July 24, 2014, 01:01:40 AM
 #2128

lol 40btc sell order  Shocked

also see a 18btc buy order added, a big whale has entered the building Smiley
paulthetafy
Hero Member
*****
Offline Offline

Activity: 815
Merit: 1000


View Profile
July 24, 2014, 01:05:31 AM
 #2129

lol 40btc sell order  Shocked

also see a 18btc buy order added, a big whale has entered the building Smiley
If you read back, that is more than likely James himself.  I'm happy with both the buy and the sell.  Avoids both pumps and dumps

paycum
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250


View Profile
July 24, 2014, 01:12:24 AM
 #2130

ah ok thanks
damiano
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


103 days, 21 hours and 10 minutes.


View Profile
July 24, 2014, 01:14:57 AM
 #2131

lol 40btc sell order  Shocked

also see a 18btc buy order added, a big whale has entered the building Smiley

With that many coins you know this isnt gonna crash..he was just showing off

thevampireskilledit
Full Member
***
Offline Offline

Activity: 234
Merit: 100



View Profile
July 24, 2014, 01:20:06 AM
 #2132

lol 40btc sell order  Shocked

also see a 18btc buy order added, a big whale has entered the building Smiley

I saw someone else talking about how they had about 20k coins from early mining and buying when it hit bittrex. Might not be James.
jl777
Legendary
*
Offline Offline

Activity: 1176
Merit: 1089


View Profile WWW
July 24, 2014, 01:46:57 AM
 #2133


you need to put in the IP address of your privacyServer. I could make it so you put in something like the pubkey or acct address, but I dont really see the point. the privacyServers will be publicly known, so nothing is lost by them publishing their addresses


Ok so the thing I'm missing is how people will relate your IP to someone they trust - if people have the choice of using any given privacyServer, and the owner of that server having to convince the community of their authenticity and to trust them, I don't understand how that can happen.
When BTCD goes mainstream, then I assume you will have many people who will come to you for help to get "plugged in", you give them your IP address, they put it in.

I am thinking BIG here.

While we are small, I assume people can trust my server and the servers run by the key contributors to BTCD. For others that want to get a piece of all the revenue sharing, they will need to do some work to establish trust. Known people will have a distinct advantage in getting this trust.

In the early days, all the pioneers (us) will probably run our own privacyServers. The assumption is that you will trust your self! I sure hope that will work.

I have been able to really minimize the information leaked to the privacyServer, so it could well be that a randomly chosen privacyServer will be just fine for ordinary use. If you plan to do automated trading though, you get a distinct advantage in running your own privacyServer.

You use an ISP for your Internet? You are trusting your ISP with much more than you will be trusting a privacyServer with.
I think there is still much confusions as to what exactly a privacyServer does. Plz keep asking questions, it is important for everybody to clearly understand. The name maybe sounds intimidating, but it is meant to convey that a privacyServer creates privacy for you.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
Legendary
*
Offline Offline

Activity: 1176
Merit: 1089


View Profile WWW
July 24, 2014, 01:48:17 AM
 #2134

lol 40btc sell order  Shocked

also see a 18btc buy order added, a big whale has entered the building Smiley
Where is a 40btc sell? I missed it, what price was it at?


http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
Legendary
*
Offline Offline

Activity: 1176
Merit: 1089


View Profile WWW
July 24, 2014, 01:49:39 AM
 #2135

lol 40btc sell order  Shocked

also see a 18btc buy order added, a big whale has entered the building Smiley
If you read back, that is more than likely James himself.  I'm happy with both the buy and the sell.  Avoids both pumps and dumps
No time for whale games or daytrading when I am coding
I am pure HODL for BTCD, well OK so I do put in some buys every now and again

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
paycum
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250


View Profile
July 24, 2014, 01:53:22 AM
 #2136

lol 40btc sell order  Shocked

also see a 18btc buy order added, a big whale has entered the building Smiley
Where is a 40btc sell? I missed it, what price was it at?



it was at 185k sat but disappeared a few minutes later. the 18btc buy order is still there
bitdigger2013
Sr. Member
****
Offline Offline

Activity: 399
Merit: 250



View Profile WWW
July 24, 2014, 02:10:47 AM
 #2137

lol 40btc sell order  Shocked

also see a 18btc buy order added, a big whale has entered the building Smiley
Where is a 40btc sell? I missed it, what price was it at?



it was at 185k sat but disappeared a few minutes later. the 18btc buy order is still there
You would be a complete idiot to show that order if you really wanted to sell it
slavo
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500



View Profile
July 24, 2014, 02:51:55 AM
 #2138

btcd or judge; really hard to decide which train is the best Grin
















 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin
IceColdTommy
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
July 24, 2014, 02:53:12 AM
 #2139

btcd or judge; really hard to decide which train is the best Grin
















 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin
I would say BTCD, as it is far better than JUDGE, has more active development and better future plans, JUDGE is just being pumped now and still won't get to high
rhkazani1
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
July 24, 2014, 03:00:16 AM
 #2140

btcd or judge; really hard to decide which train is the best Grin
















 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin
I would say BTCD, as it is far better than JUDGE, has more active development and better future plans, JUDGE is just being pumped now and still won't get to high

lol, offcourse BTCD, no comparison Smiley
Pages: « 1 ... 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 [107] 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 ... 551 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!