Author

Topic: BTCD is no more - page 441. (Read 1328490 times)

legendary
Activity: 1176
Merit: 1134
July 23, 2014, 08:48:17 PM
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?

legendary
Activity: 1176
Merit: 1134
July 23, 2014, 08:46:57 PM

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
full member
Activity: 234
Merit: 100
July 23, 2014, 08:20:06 PM
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.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
July 23, 2014, 08:14:57 PM
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

sr. member
Activity: 518
Merit: 250
July 23, 2014, 08:12:24 PM
ah ok thanks
hero member
Activity: 820
Merit: 1000
July 23, 2014, 08:05:31 PM
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
sr. member
Activity: 518
Merit: 250
July 23, 2014, 08:01:40 PM
lol 40btc sell order  Shocked

also see a 18btc buy order added, a big whale has entered the building Smiley
hero member
Activity: 504
Merit: 500
July 23, 2014, 07:53:55 PM
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.
hero member
Activity: 820
Merit: 1000
July 23, 2014, 07:51:58 PM

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.
legendary
Activity: 1176
Merit: 1134
July 23, 2014, 07:45:01 PM
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
legendary
Activity: 1176
Merit: 1134
July 23, 2014, 07:44:15 PM
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
hero member
Activity: 620
Merit: 500
July 23, 2014, 07:42:30 PM
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
hero member
Activity: 820
Merit: 1000
July 23, 2014, 07:34:25 PM
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)?
 
legendary
Activity: 1176
Merit: 1134
July 23, 2014, 07:18:03 PM
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

full member
Activity: 234
Merit: 100
July 23, 2014, 07:03:18 PM
I had an idea, about the colors and known memes that could be used for BTCD - what do you think?
http://i.imgur.com/ntf9o6M.jpg

Nice concept! I think it could be polished up a little bit, but it's a +1 from me.
Do we have anyone looking to do logo design for us?
Wish I could make something fresh but I'm not a great Graphic Artist.
sr. member
Activity: 478
Merit: 250
July 23, 2014, 07:01:23 PM
I had an idea, about the colors and known memes that could be used for BTCD - what do you think?
http://i.imgur.com/ntf9o6M.jpg

I like it. Very understated and professional.
hero member
Activity: 490
Merit: 504
July 23, 2014, 06:52:23 PM
I had an idea, about the colors and known memes that could be used for BTCD - what do you think?
http://i.imgur.com/ntf9o6M.jpg
legendary
Activity: 3556
Merit: 1126
July 23, 2014, 06:45:08 PM

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hero member
Activity: 591
Merit: 500
Why oh why Didnt i take the blue pill ?!?!
July 23, 2014, 06:45:05 PM
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
hero member
Activity: 620
Merit: 500
July 23, 2014, 06:40:54 PM
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
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