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Author Topic: Pseudo Article: Betting on Bitcoins: Fundamentals vs Technical analysis.  (Read 1615 times)
eof
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May 15, 2011, 08:43:40 PM
 #1

http://gd0t.com/node/15

Discussion on hackernews: http://news.ycombinator.com/item?id=2550717

Appreciate any thoughts/criticisms/copy edits Smiley
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Justsomeforumuser
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May 15, 2011, 09:18:15 PM
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Did you take the "In theory, with low enough volume in btc (say $10k/day) and reserves of
bitcoin equal to one days estimated volume; you could accept bitcoin at the
current ticker values and convert within seconds to usd; effectively removing
currency speculation while still allowing users/cusotmers to purchase in
bitcoin." bit from my post?

Ho-Hum.
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May 15, 2011, 09:32:42 PM
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Nice. It took me several times to get one Hacker News front page and shortly after, it slips from the front page.

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May 15, 2011, 09:52:36 PM
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Did you take the "In theory, with low enough volume in btc (say $10k/day) and reserves of
bitcoin equal to one days estimated volume; you could accept bitcoin at the
current ticker values and convert within seconds to usd; effectively removing
currency speculation while still allowing users/cusotmers to purchase in
bitcoin." bit from my post?

Nope.  Not sure which post you are referring to. 

I was thinking about writing a more extended explanation of how that would work, have you done that already?
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May 15, 2011, 09:54:43 PM
 #5

Nice. It took me several times to get one Hacker News front page and shortly after, it slips from the front page.

Thanks for the (presumed) help getting there Smiley

Whoever wrote: http://bitcoinweekly.com/articles/causes-behind-the-bitcoin-price-rally

Where did they get the almost-accurate numbers for the number of sales we have made?  That made me LOL to see.  We haven't sold quite 45 shirts; but we are close.
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May 15, 2011, 10:19:12 PM
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Nice. It took me several times to get one Hacker News front page and shortly after, it slips from the front page.

Thanks for the (presumed) help getting there Smiley

Whoever wrote: http://bitcoinweekly.com/articles/causes-behind-the-bitcoin-price-rally

Where did they get the almost-accurate numbers for the number of sales we have made?  That made me LOL to see.  We haven't sold quite 45 shirts; but we are close.

Don't know. You have to ask my writer.

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May 15, 2011, 10:29:48 PM
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Nope.  Not sure which post you are referring to. 

I was thinking about writing a more extended explanation of how that would work, have you done that already?
Ok.

No I have nothing to do with anything like that.
I suspect a direct API with mtGox would lend itself to semi-live exchange, but depth is going to be an issue.

Ho-Hum.
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May 15, 2011, 11:06:01 PM
 #8

Nope.  Not sure which post you are referring to. 

I was thinking about writing a more extended explanation of how that would work, have you done that already?
Ok.

No I have nothing to do with anything like that.
I suspect a direct API with mtGox would lend itself to semi-live exchange, but depth is going to be an issue.

Which post were you referring to?
Vitalik Buterin
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May 17, 2011, 12:51:59 AM
 #9

Quote
Thanks for the (presumed) help getting there Smiley

Whoever wrote: http://bitcoinweekly.com/articles/causes-behind-the-bitcoin-price-rally

Where did they get the almost-accurate numbers for the number of sales we have made?  That made me LOL to see.  We haven't sold quite 45 shirts; but we are close.

Hi, I'm Vitalik Buterin, the writer. I bought a shirt from you guys myself, so I saw how the URLs stored the user and order numbers. From there, it was pretty simple.

It says "access denied" here (ie. a 10th order exists): http://iusecoins.com/user/1/order/10
It says "page not found" here (ie. a 1000th order does not exist): http://iusecoins.com/user/1/order/1000

Binary search from there.

Argumentum ad lunam: the fallacy that because Bitcoin's price is rising really fast the currency must be a speculative bubble and/or Ponzi scheme.
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May 17, 2011, 01:01:47 AM
 #10

lmao.   

very nice.
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May 18, 2011, 03:34:16 PM
 #11

Which post were you referring to?

Think it was in one of the bubble threads or so. Just check my posts via profile, I'm fairly new. Smiley

Was a post <= the day I posted here, ofc.

Ho-Hum.
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