Any updates?
Still working on the software!
First parts I got I had a defective touch screen shield and had to wait another long period of time to receive the replacement.
Topic: Kickstarter idea (bitcoin price LED ticker) (Read 5232 times)
Still working on the software!
First parts I got I had a defective touch screen shield and had to wait another long period of time to receive the replacement.
Any updates?
Many of the kickstarters dont do anything after getting all the funds they receive.
Very true.
We will be posting an announcement thread with pictures and videos showcasing the prototype most likely mid June.
We are going to be raising capital through VC and other private investors.
Will provide more updates soon.
Many of the kickstarters dont do anything after getting all the funds they receive.
link to indiegogo campaign if we go that route
So you are going to fund the batches all by yourself? Why NOT go the Indiegogo/Kickstarter route and let people help you fund it? Unless you've got a lot of money to spend...And are we talking wireless devices, or connected to router/PC with a cable?
We considered indiegogo but we are now talking to investors too.
There are pros and cons for both and hope you understand whichever route we take.
It is wireless and will connect via WiFi.
Update:
We are waiting for our Federal Tax ID number before opening necessary bank accts. for both Stripe & Coinbase accounts to process payments.
Announcement thread is looking like it will be posted around the beginning of June at this point.
Cool project, looking forward to more info
I can setup something very similar to the website you linked. It would cost around $50 per individual unit, as low as $20 in bulk, plus the cost of the casing. I have several ideas in mind, a plain rectangle would be cheap, if you wanted some sort of plastic *or even metal* bitcoin it would be a bit more depending on quantity. I am interested in running some numbers with you if you are thinking this is a product that can be resold. Feel free to PM me any method of communication you have, maybe we can talk about this.
Here's a video of a ticker running on Raspberry Pi (still connected to PC though): http://www.youtube.com/watch?v=dBOvH2jCFwM
Cool stuff.
Raspberry Pi is great but it's not practical due to its price.
Here's a video of a ticker running on Raspberry Pi (still connected to PC though): http://www.youtube.com/watch?v=dBOvH2jCFwM
Primary drawback is they don't take bitcoin.
On Indiegogo you can set up "Flexible funding" where you're given the money even if your goal is not reached (Indiegogo takes 9% fee vs 4% when goal is reached), and you can let people know in the campaign's text that they can contribute with bitcoin as well. It's not against the rules, I know from personal experience. Not sure about Kickstarter, they might be more strict with this.Indiegogo is what we'd use if we did crowdfunding.
We are looking to go the same route that https://onlycoin.com which is accepting pre-orders once everything is established and we have perfected the prototype and release videos and pictures.
That way we could accept both Debit/Credit and Bitcoin for pre-orders, and use the funds from pre-orders to buy materials.
Primary drawback is they don't take bitcoin.
On Indiegogo you can set up "Flexible funding" where you're given the money even if your goal is not reached (Indiegogo takes 9% fee vs 4% when goal is reached), and you can let people know in the campaign's text that they can contribute with bitcoin as well. It's not against the rules, I know from personal experience. Not sure about Kickstarter, they might be more strict with this.
I was at a Cinco de Bitcoin event and someone showed a breadboard with a very simple LCD display showing the price in real time. Toggle switches, plexi, big, old school LCD readout, and you could see the wires. It was rough looking, but to me that was it's charm. It was just a side project and he wasn't going to move forward with it, but I would definitely buy one to have on my desk as a novelty.
Having run and advised several Kickstarter campaigns, I highly recommend it. Primary drawback is they don't take bitcoin. Good news is you can test out your marketplace with almost no risk. You need X # of units to go into production. Set up the campaign, post here and on Reddit, and you'll know pretty quick if you've got a hit.
I would also suggest posting here some sketches of the designs, get some feedback. For me, this is a novelty, so I like bare wires and block LED. For serious information I just use my app.
What type of unit sales are you hoping for and at what price?
Having run and advised several Kickstarter campaigns, I highly recommend it. Primary drawback is they don't take bitcoin. Good news is you can test out your marketplace with almost no risk. You need X # of units to go into production. Set up the campaign, post here and on Reddit, and you'll know pretty quick if you've got a hit.
I would also suggest posting here some sketches of the designs, get some feedback. For me, this is a novelty, so I like bare wires and block LED. For serious information I just use my app.
What type of unit sales are you hoping for and at what price?
You'll know once it hits the market. Don't worry. 
Quote from: General
Quote from: ranlo on Today at 03:19:24 PM
Quote from: General on Today at 03:12:41 PM
Quote from: f3tus on Today at 02:52:53 PM
Quote from: General on Today at 02:07:16 PM
link to indiegogo campaign if we go that route
So you are going to fund the batches all by yourself? Why NOT go the Indiegogo/Kickstarter route and let people help you fund it? Unless you've got a lot of money to spend...
And are we talking wireless devices, or connected to router/PC with a cable?
We considered indiegogo but we are now talking to investors too.
There are pros and cons for both and hope you understand whichever route we take.
It is wireless and will connect via WiFi.
Update:
We are waiting for our Federal Tax ID number before opening necessary bank accts. for both Stripe & Coinbase accounts to process payments.
Announcement thread is looking like it will be posted around the beginning of June at this point.
So this is a sign that you're 100% going through with this now, right? The EIN and whatnot being obtained.
Yes we are 100% going through with this. We think we can fill a demand and want to be first to the market.
We are going to have two options: one with and one without a touch screen.
When we first release it will have the ability to toggle between currencies and 3-5 different exchanges.
Quote from: General on Today at 03:12:41 PM
Quote from: f3tus on Today at 02:52:53 PM
Quote from: General on Today at 02:07:16 PM
link to indiegogo campaign if we go that route
So you are going to fund the batches all by yourself? Why NOT go the Indiegogo/Kickstarter route and let people help you fund it? Unless you've got a lot of money to spend...
And are we talking wireless devices, or connected to router/PC with a cable?
We considered indiegogo but we are now talking to investors too.
There are pros and cons for both and hope you understand whichever route we take.
It is wireless and will connect via WiFi.
Update:
We are waiting for our Federal Tax ID number before opening necessary bank accts. for both Stripe & Coinbase accounts to process payments.
Announcement thread is looking like it will be posted around the beginning of June at this point.
So this is a sign that you're 100% going through with this now, right? The EIN and whatnot being obtained.
Yes we are 100% going through with this. We think we can fill a demand and want to be first to the market.
We are going to have two options: one with and one without a touch screen.
When we first release it will have the ability to toggle between currencies and 3-5 different exchanges.
This is sounding better and better! Can you toss me a pm when you get things going in case I miss it?
We considered indiegogo but we are now talking to investors too.
There are pros and cons for both and hope you understand whichever route we take.
It is wireless and will connect via WiFi.
Ah, okay.There are pros and cons for both and hope you understand whichever route we take.
It is wireless and will connect via WiFi.
Cool. WPA2/TKIP and all that? And what price range are we looking at? And what's the physical size?
It would have to get FCC approved too, right? How long does that take?
And just to throw some more ideas at it now, lol: Red color when price lowers a lot, orange when it lowers a little, green when it grows. Maybe 24 hour graph if it's not too complicated for the display.
Another idea: give me a discount for being the catalyst of this project, lol!
FCC approval isn't required to sell the product, however, it is something we will do.
link to indiegogo campaign if we go that route
So you are going to fund the batches all by yourself? Why NOT go the Indiegogo/Kickstarter route and let people help you fund it? Unless you've got a lot of money to spend...And are we talking wireless devices, or connected to router/PC with a cable?
We considered indiegogo but we are now talking to investors too.
There are pros and cons for both and hope you understand whichever route we take.
It is wireless and will connect via WiFi.
Update:
We are waiting for our Federal Tax ID number before opening necessary bank accts. for both Stripe & Coinbase accounts to process payments.
Announcement thread is looking like it will be posted around the beginning of June at this point.
So this is a sign that you're 100% going through with this now, right? The EIN and whatnot being obtained.
Yes we are 100% going through with this. We think we can fill a demand and want to be first to the market.
We are going to have two options: one with and one without a touch screen.
When we first release it will have the ability to toggle between currencies and 3-5 different exchanges.
However a 24 hour graph seems a bit to much right now. Maybe as an firmware update later on?
Or maybe switch to the graph by a press of a button?Yeah, I think being able to select the exchange you want is a given with this...
And just to throw some more ideas at it now, lol: Red color when price lowers a lot, orange when it lowers a little, green when it grows. Maybe 24 hour graph if it's not too complicated for the display.
Well, ideas are always welcome, I suppose. And I like the ideas that you proposed. However a 24 hour graph seems a bit to much right now. Maybe as an firmware update later on? I have an idea as well, let the user decide from which source it has to get it's price. We considered indiegogo but we are now talking to investors too.
There are pros and cons for both and hope you understand whichever route we take.
It is wireless and will connect via WiFi.
Ah, okay.There are pros and cons for both and hope you understand whichever route we take.
It is wireless and will connect via WiFi.
Cool. WPA2/TKIP and all that? And what price range are we looking at? And what's the physical size?
It would have to get FCC approved too, right? How long does that take?
And just to throw some more ideas at it now, lol: Red color when price lowers a lot, orange when it lowers a little, green when it grows. Maybe 24 hour graph if it's not too complicated for the display.
Another idea: give me a discount for being the catalyst of this project, lol!
link to indiegogo campaign if we go that route
So you are going to fund the batches all by yourself? Why NOT go the Indiegogo/Kickstarter route and let people help you fund it? Unless you've got a lot of money to spend...And are we talking wireless devices, or connected to router/PC with a cable?
We considered indiegogo but we are now talking to investors too.
There are pros and cons for both and hope you understand whichever route we take.
It is wireless and will connect via WiFi.
Update:
We are waiting for our Federal Tax ID number before opening necessary bank accts. for both Stripe & Coinbase accounts to process payments.
Announcement thread is looking like it will be posted around the beginning of June at this point.
So this is a sign that you're 100% going through with this now, right? The EIN and whatnot being obtained.
link to indiegogo campaign if we go that route
So you are going to fund the batches all by yourself? Why NOT go the Indiegogo/Kickstarter route and let people help you fund it? Unless you've got a lot of money to spend...And are we talking wireless devices, or connected to router/PC with a cable?
We considered indiegogo but we are now talking to investors too.
There are pros and cons for both and hope you understand whichever route we take.
It is wireless and will connect via WiFi.
Update:
We are waiting for our Federal Tax ID number before opening necessary bank accts. for both Stripe & Coinbase accounts to process payments.
Announcement thread is looking like it will be posted around the beginning of June at this point.
link to indiegogo campaign if we go that route
So you are going to fund the batches all by yourself? Why NOT go the Indiegogo/Kickstarter route and let people help you fund it? Unless you've got a lot of money to spend...And are we talking wireless devices, or connected to router/PC with a cable?
I probably shouldn't have made that post I'm just really excited.
Patiently await the announcement and hopefully you'll like it.
Ah, no problems man. And I think I will. Could you post the link to the announcement on here as well? That way I won't miss it.Patiently await the announcement and hopefully you'll like it.
Of course!
The announcement thread will include the landing page for the website, pictures of the prototype, link to indiegogo campaign if we go that route, prices of each one, twitter, facebook, etc.
It will most definitely be posted here and advertised around forum.
I probably shouldn't have made that post I'm just really excited.
Patiently await the announcement and hopefully you'll like it.
Ah, no problems man. And I think I will. Could you post the link to the announcement on here as well? That way I won't miss it.Patiently await the announcement and hopefully you'll like it.
Of course!
The announcement thread will include the landing page for the website, pictures of the prototype, link to indiegogo campaign if we go that route, prices of each one, twitter, facebook, etc.
It will most definitely be posted here and advertised around forum.
This sounds perfect. Also, when it comes to payments, if you end up being able to (or are willing, I guess?) to finances the first run on your own, what payment methods would be accepted?
I probably shouldn't have made that post I'm just really excited.
Patiently await the announcement and hopefully you'll like it.
Ah, no problems man. And I think I will. Could you post the link to the announcement on here as well? That way I won't miss it.Patiently await the announcement and hopefully you'll like it.
Of course!
The announcement thread will include the landing page for the website, pictures of the prototype, link to indiegogo campaign if we go that route, prices of each one, twitter, facebook, etc.
It will most definitely be posted here and advertised around forum.
I probably shouldn't have made that post I'm just really excited.
Patiently await the announcement and hopefully you'll like it.
Ah, no problems man. And I think I will. Could you post the link to the announcement on here as well? That way I won't miss it. Patiently await the announcement and hopefully you'll like it.
General, I mean no disrespect, but could you a picture as proof of the prototype (with you holding up a piece of paper with your name on it)? People on Bitcointalk and Bitcoiners in general are very suspicious about pre-orders. Could you also link us to the website, Facebook page, proof of LLC, and so on?
Of course.
Completely understand.
When the announcement thread is posted everything will you mentioned will be in it.
I probably shouldn't have made that post I'm just really excited.
Patiently await the announcement and hopefully you'll like it.
General, I mean no disrespect, but could you a picture as proof of the prototype (with you holding up a piece of paper with your name on it)? People on Bitcointalk and Bitcoiners in general are very suspicious about pre-orders. Could you also link us to the website, Facebook page, proof of LLC, and so on?
Of course.
Completely understand.
When the announcement thread is posted everything will you mentioned will be in it.
General, I mean no disrespect, but could you a picture as proof of the prototype (with you holding up a piece of paper with your name on it)? People on Bitcointalk and Bitcoiners in general are very suspicious about pre-orders. Could you also link us to the website, Facebook page, proof of LLC, and so on?
Of course.
Completely understand.
When the announcement thread is posted everything will you mentioned will be in it.
I just think there is not much utility in this or novelty
General, I mean no disrespect, but could you a picture as proof of the prototype (with you holding up a piece of paper with your name on it)? People on Bitcointalk and Bitcoiners in general are very suspicious about pre-orders. Could you also link us to the website, Facebook page, proof of LLC, and so on?
The issue is the goal is to keep it to where it doesn't need a device like a phone to handle it. It would just be a ticker that uses like your router and automatically updates or something.
Yeah, exactly. Needing a mobile phone to control it or a computer running 24/7 to control it just isn't that useful...Found a 60mmx60mm for $11. https://www.tindie.com/products/Nick64/60mm-x-60mm-bi-color-led-matrix-driver-module-diy-kit/. Hope this helps.
Well I won't be building it, so it doesn't help me, but hopefully it'll help an engineer. A little too big for my taste, though.It'd be great if somebody found a wireless module for $10. All I found were $40+...
There have to be cheaper wireless modules, being that you can even buy USB WiFi adapters for $10-15. Sadly, I wouldn't even know where to start with any of this stuff.
I've got a prototype, registered an LLC, registered a domain, got a website, established financials (bank acct., etc.), custom emails, setup Stripe & Coinbase accounts.
Within the next week or two we will begin taking pre-orders or go to Indiegogo for crowdfunding. The only potential drawback of indiegogo is that people interested in backing the project wouldn't be able to do so using Bitcoin.
We are going two offer two different versions: one with a touch-screen, and one without. As you could expect the ticker with the touch-screen will be a bit pricier.
I have created a twitter, facebook, and separate bitcointalk account just for this project and business. If anyone has any questions feel free to ask here or when we post the announcement thread around the beginning of June.
I can't wait to start producing these and shipping in the coming month or two!
Yeah, I guess you're right. I, too, aren't qualified for this, so it'd be best if an electrical engineer finds the cheapest parts needed...
The issue is the goal is to keep it to where it doesn't need a device like a phone to handle it. It would just be a ticker that uses like your router and automatically updates or something.
Yeah, exactly. Needing a mobile phone to control it or a computer running 24/7 to control it just isn't that useful...Found a 60mmx60mm for $11. https://www.tindie.com/products/Nick64/60mm-x-60mm-bi-color-led-matrix-driver-module-diy-kit/. Hope this helps.
Well I won't be building it, so it doesn't help me, but hopefully it'll help an engineer. A little too big for my taste, though.It'd be great if somebody found a wireless module for $10. All I found were $40+...
There have to be cheaper wireless modules, being that you can even buy USB WiFi adapters for $10-15. Sadly, I wouldn't even know where to start with any of this stuff.
The issue is the goal is to keep it to where it doesn't need a device like a phone to handle it. It would just be a ticker that uses like your router and automatically updates or something.
Yeah, exactly. Needing a mobile phone to control it or a computer running 24/7 to control it just isn't that useful...Found a 60mmx60mm for $11. https://www.tindie.com/products/Nick64/60mm-x-60mm-bi-color-led-matrix-driver-module-diy-kit/. Hope this helps.
Well I won't be building it, so it doesn't help me, but hopefully it'll help an engineer. A little too big for my taste, though.It'd be great if somebody found a wireless module for $10. All I found were $40+...
Hi,
Could somebody who knows about electronics and programming please make a prototype bitcoin price ticker: http://www.instructables.com/id/Make-a-Bitcoin-Price-Ticker-almost-from-scratch-us/
Preferably wireless, so it can be put on a wall or wherever. Additionally, allow to set a "limit," that when the bitcoin price drops below the limit, trigger an alarm sound.
If this can be done and sold for ~30$, I bet it'd turn into profit. I'd certainly buy it. In the example above, the components alone cost $60, and that's too much...
Could somebody who knows about electronics and programming please make a prototype bitcoin price ticker: http://www.instructables.com/id/Make-a-Bitcoin-Price-Ticker-almost-from-scratch-us/
Preferably wireless, so it can be put on a wall or wherever. Additionally, allow to set a "limit," that when the bitcoin price drops below the limit, trigger an alarm sound.
If this can be done and sold for ~30$, I bet it'd turn into profit. I'd certainly buy it. In the example above, the components alone cost $60, and that's too much...
Found a 60mmx60mm for $11. https://www.tindie.com/products/Nick64/60mm-x-60mm-bi-color-led-matrix-driver-module-diy-kit/. Hope this helps.
I dont understand why these people are putting such a high valuation for a project like this.
It could be done with simple components for relatively cheap...
The problem is getting the data to the machine. Would BluTooth be an option? I can make an iphone/android app that will allow you to control the device. You could even have it display alt coin prices as well.
It could be done with simple components for relatively cheap...
The problem is getting the data to the machine. Would BluTooth be an option? I can make an iphone/android app that will allow you to control the device. You could even have it display alt coin prices as well.
The issue is the goal is to keep it to where it doesn't need a device like a phone to handle it. It would just be a ticker that uses like your router and automatically updates or something.
I dont understand why these people are putting such a high valuation for a project like this.
It could be done with simple components for relatively cheap...
The problem is getting the data to the machine. Would BluTooth be an option? I can make an iphone/android app that will allow you to control the device. You could even have it display alt coin prices as well.
It could be done with simple components for relatively cheap...
The problem is getting the data to the machine. Would BluTooth be an option? I can make an iphone/android app that will allow you to control the device. You could even have it display alt coin prices as well.
Someone on Reddit uses this:
http://imgur.com/b0eHYfK
http://www.dreamcheeky.com/led-message-board
https://github.com/MorbZ/NodeUsbLed
Though unfortunately must be connected to a computer.
http://imgur.com/b0eHYfK
http://www.dreamcheeky.com/led-message-board
https://github.com/MorbZ/NodeUsbLed
Though unfortunately must be connected to a computer.
Paired up with a buddy of mine that's an EE. Going to talk about costs, labor, etc. and potentially go through with this.
Will provide updates.
Thanks for the heads-up! I'd love to hear the costs associated with it. If possible, see if he can break it down into batches as well. ie:
1000 = $50 each
15000 = $30 each
300000 = $10 each
It would help better understand where we are in terms of the cost and how many need to be sold to make it worthwhile.
Right. I'm a software guy so he'll provide that stuff.
I'll get back with prices it would cost me and prices I would sell for.
Paired up with a buddy of mine that's an EE. Going to talk about costs, labor, etc. and potentially go through with this.
Will provide updates.
Good to know! Also here is a related Bitcointalk thread: https://bitcointalksearch.org/topic/usb-led-message-board-ticker-310184 Will provide updates.
Someone on Reddit uses this:
http://imgur.com/b0eHYfK
http://www.dreamcheeky.com/led-message-board
https://github.com/MorbZ/NodeUsbLed
Though unfortunately must be connected to a computer.
http://imgur.com/b0eHYfK
http://www.dreamcheeky.com/led-message-board
https://github.com/MorbZ/NodeUsbLed
Though unfortunately must be connected to a computer.
Paired up with a buddy of mine that's an EE. Going to talk about costs, labor, etc. and potentially go through with this.
Will provide updates.
Thanks for the heads-up! I'd love to hear the costs associated with it. If possible, see if he can break it down into batches as well. ie:
1000 = $50 each
15000 = $30 each
300000 = $10 each
It would help better understand where we are in terms of the cost and how many need to be sold to make it worthwhile.
Someone on Reddit uses this:
http://imgur.com/b0eHYfK
http://www.dreamcheeky.com/led-message-board
https://github.com/MorbZ/NodeUsbLed
Though unfortunately must be connected to a computer.
http://imgur.com/b0eHYfK
http://www.dreamcheeky.com/led-message-board
https://github.com/MorbZ/NodeUsbLed
Though unfortunately must be connected to a computer.
Paired up with a buddy of mine that's an EE. Going to talk about costs, labor, etc. and potentially go through with this.
Will provide updates.
Someone on Reddit uses this:
http://imgur.com/b0eHYfK
http://www.dreamcheeky.com/led-message-board
https://github.com/MorbZ/NodeUsbLed
Though unfortunately must be connected to a computer.
http://imgur.com/b0eHYfK
http://www.dreamcheeky.com/led-message-board
https://github.com/MorbZ/NodeUsbLed
Though unfortunately must be connected to a computer.
I'm not saying it's not doable... I just don't think the numbers make sense right now.
I agree. Personally, I'd say the limit would probably be some 1000 sales at first. But that's if the ticker was reasonably priced, 20-30$, which seems impossible.MSP430 - $10
16x2 LCD - $10
Then assuming a wireless device, a wireless module which is around $20+. Maybe another 5-10$ for the rest of the components...
Maybe someone should start this Kickstarter project anyway, with the price range at 50-60$. Who knows, it might turn profitable. You wouldn't waste your own money anyway...
As for a device connected to the PC via USB or router via RJ45... I wouldn't buy it even if it was $10.
I think market research would be a better idea. Try to gauge how many people are interested via the forums and Twitter. Along the way, you're bound to find someone able and capable to make it happen, and the community showing interest could push someone to make the move.
That's true but you need a larger amount of money to do that and I am very broke.
Hence the Kickstarter campaign for crowdfunding the project... Hi,
Could somebody who knows about electronics and programming please make a prototype bitcoin price ticker: http://www.instructables.com/id/Make-a-Bitcoin-Price-Ticker-almost-from-scratch-us/
Preferably wireless, so it can be put on a wall or wherever. Additionally, allow to set a "limit," that when the bitcoin price drops below the limit, trigger an alarm sound.
If this can be done and sold for ~30$, I bet it'd turn into profit. I'd certainly buy it. In the example above, the components alone cost $60, and that's too much...
Could somebody who knows about electronics and programming please make a prototype bitcoin price ticker: http://www.instructables.com/id/Make-a-Bitcoin-Price-Ticker-almost-from-scratch-us/
Preferably wireless, so it can be put on a wall or wherever. Additionally, allow to set a "limit," that when the bitcoin price drops below the limit, trigger an alarm sound.
If this can be done and sold for ~30$, I bet it'd turn into profit. I'd certainly buy it. In the example above, the components alone cost $60, and that's too much...
It wouldn't be that hard to make using Arduino. Only thing is that the components would cost over $30 by them selves. I think $100 would be a more reasonable price.
Agreed. I'm sure production costs would go down if someone purchased materials in a larger amount.
That's true but you need a larger amount of money to do that and I am very broke.
Hi,
Could somebody who knows about electronics and programming please make a prototype bitcoin price ticker: http://www.instructables.com/id/Make-a-Bitcoin-Price-Ticker-almost-from-scratch-us/
Preferably wireless, so it can be put on a wall or wherever. Additionally, allow to set a "limit," that when the bitcoin price drops below the limit, trigger an alarm sound.
If this can be done and sold for ~30$, I bet it'd turn into profit. I'd certainly buy it. In the example above, the components alone cost $60, and that's too much...
Could somebody who knows about electronics and programming please make a prototype bitcoin price ticker: http://www.instructables.com/id/Make-a-Bitcoin-Price-Ticker-almost-from-scratch-us/
Preferably wireless, so it can be put on a wall or wherever. Additionally, allow to set a "limit," that when the bitcoin price drops below the limit, trigger an alarm sound.
If this can be done and sold for ~30$, I bet it'd turn into profit. I'd certainly buy it. In the example above, the components alone cost $60, and that's too much...
It wouldn't be that hard to make using Arduino. Only thing is that the components would cost over $30 by them selves. I think $100 would be a more reasonable price.
Agreed. I'm sure production costs would go down if someone purchased materials in a larger amount.
Hi,
Could somebody who knows about electronics and programming please make a prototype bitcoin price ticker: http://www.instructables.com/id/Make-a-Bitcoin-Price-Ticker-almost-from-scratch-us/
Preferably wireless, so it can be put on a wall or wherever. Additionally, allow to set a "limit," that when the bitcoin price drops below the limit, trigger an alarm sound.
If this can be done and sold for ~30$, I bet it'd turn into profit. I'd certainly buy it. In the example above, the components alone cost $60, and that's too much...
Could somebody who knows about electronics and programming please make a prototype bitcoin price ticker: http://www.instructables.com/id/Make-a-Bitcoin-Price-Ticker-almost-from-scratch-us/
Preferably wireless, so it can be put on a wall or wherever. Additionally, allow to set a "limit," that when the bitcoin price drops below the limit, trigger an alarm sound.
If this can be done and sold for ~30$, I bet it'd turn into profit. I'd certainly buy it. In the example above, the components alone cost $60, and that's too much...
It wouldn't be that hard to make using Arduino. Only thing is that the components would cost over $30 by them selves. I think $100 would be a more reasonable price.
so why not an easy app to alarm in your phone even you not at home?
Yeah, there already are several... But having an actual object on the wall/desk that shows you the price 24/7, like a digital clock, is kinda "fancier." And I and many others have WiFi on phones turned off during "sleep hours" to not waste battery life, so I could potentially wake up and the price dropped to $50, lol! Extremely unlikely, but yeah... 30$ would hardly pay for the board and chip set let alone the screen, wi-fi technology.. custom made boot loader and software to make it all work correctly. best way i could think of do this is use the core parts of a cellphone and try developing on a android operating system.. but even then the screen would not even be big enough for you to hang it on the wall and see.. i am more the capable of developing this but 30$ would be impossible.
so why not an easy app to alarm in your phone even you not at home?
I'm not saying it's not doable... I just don't think the numbers make sense right now.
I agree. Personally, I'd say the limit would probably be some 1000 sales at first. But that's if the ticker was reasonably priced, 20-30$, which seems impossible.MSP430 - $10
16x2 LCD - $10
Then assuming a wireless device, a wireless module which is around $20+. Maybe another 5-10$ for the rest of the components...
Maybe someone should start this Kickstarter project anyway, with the price range at 50-60$. Who knows, it might turn profitable. You wouldn't waste your own money anyway...
As for a device connected to the PC via USB or router via RJ45... I wouldn't buy it even if it was $10.
Ok, so I guess that's why it hasn't been done yet. It would cost too much, and there wouldn't be enough demand to lower that cost. A few people would buy it, but not enough for any profit.
As Bitcoin takes off more and more, I think that there would be enough demand. The problem is more along the lines of the up-front cost. Someone would need to front the money for thousands of them to offset the high costs, and then basically sit on them while Bitcoin rides the train north.
If the right team was assembled and it was crowd-funded, the up-front costs wouldn't be too outrageous.
I don't think we're at the right time for crowd funding something like this though... I agree that it'd be viable later on, but right now the demand is too low.
With a well-developed product that functions properly and looks good, I think $100K USD in sales in the first month isn't far fetched.
That alone would be impressive for a normal new product. And then when you throw on top that it's a product specific to Bitcoin, that's even more impressive.
I think over 1-2 years a product like this could generate a whack ton of cash and if the demand is no more, discontinue it.
At a sales cost of, say $20 (I think going above this is going to be tough to find a lot of buyers), that's 5000 sales. This is a very niche product and 5000 would represent 2.5% of the community (estimated at 1m people). That's a lot.
I'm not saying it's not doable... I just don't think the numbers make sense right now.
Ok, so I guess that's why it hasn't been done yet. It would cost too much, and there wouldn't be enough demand to lower that cost. A few people would buy it, but not enough for any profit.
As Bitcoin takes off more and more, I think that there would be enough demand. The problem is more along the lines of the up-front cost. Someone would need to front the money for thousands of them to offset the high costs, and then basically sit on them while Bitcoin rides the train north.
If the right team was assembled and it was crowd-funded, the up-front costs wouldn't be too outrageous.
I don't think we're at the right time for crowd funding something like this though... I agree that it'd be viable later on, but right now the demand is too low.
With a well-developed product that functions properly and looks good, I think $100K USD in sales in the first month isn't far fetched.
That alone would be impressive for a normal new product. And then when you throw on top that it's a product specific to Bitcoin, that's even more impressive.
I think over 1-2 years a product like this could generate a whack ton of cash and if the demand is no more, discontinue it.
Ok, so I guess that's why it hasn't been done yet. It would cost too much, and there wouldn't be enough demand to lower that cost. A few people would buy it, but not enough for any profit.
As Bitcoin takes off more and more, I think that there would be enough demand. The problem is more along the lines of the up-front cost. Someone would need to front the money for thousands of them to offset the high costs, and then basically sit on them while Bitcoin rides the train north.
If the right team was assembled and it was crowd-funded, the up-front costs wouldn't be too outrageous.
I don't think we're at the right time for crowd funding something like this though... I agree that it'd be viable later on, but right now the demand is too low.
Ok, so I guess that's why it hasn't been done yet. It would cost too much, and there wouldn't be enough demand to lower that cost. A few people would buy it, but not enough for any profit.
As Bitcoin takes off more and more, I think that there would be enough demand. The problem is more along the lines of the up-front cost. Someone would need to front the money for thousands of them to offset the high costs, and then basically sit on them while Bitcoin rides the train north.
If the right team was assembled and it was crowd-funded, the up-front costs wouldn't be too outrageous.
Ok, so I guess that's why it hasn't been done yet. It would cost too much, and there wouldn't be enough demand to lower that cost. A few people would buy it, but not enough for any profit.
As Bitcoin takes off more and more, I think that there would be enough demand. The problem is more along the lines of the up-front cost. Someone would need to front the money for thousands of them to offset the high costs, and then basically sit on them while Bitcoin rides the train north.
If I knew a good EE I'd definitely pair up and do this with the proper funding.
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Yeah, but it's a lot nicer if you have a ticker on the wall like a digital clock of sorts... Ah well. I suppose the hardcore traders with tons of bitcoin would buy it even for 60-100$, but I wouldn't.
You can skip production costs, if you produce in another continent. For example, you can get one of this flying drone helicopters for about $10 in China (I have one). Of course, you have shipping costs;
Perhaps a simple serial/usb cable to a tiny board, with the LCD attached. Prints whatever data you send from the computer.
Here is a list of some cheap boards : http://www.intorobotics.com/alternative-arduino-boards/
Example prices:
MSP: USD $10
Teensy : USD $16.00
Funnel : USD $16.84
For example the MSP has input/output pins for easy integration of external devices. It does not come with an LCD screen tho. Im guessing the total cost would be around $20 to $25 to produce in the cheapest way possible using standard boards.
Alternatively, you could link the LCD screen directly to your computer and use computer software to interact with it. Assuming the LCD has some mico-controller attached to it.
There are other reasons. Mobile/wearable devices get more common and you can run software on them. To make separate hardware is more expensive.
Yeah, but it's a lot nicer if you have a ticker on the wall like a digital clock of sorts... Ah well. I suppose the hardcore traders with tons of bitcoin would buy it even for 60-100$, but I wouldn't.
Easy to do. would cost about $80 - $100 just for the parts though, If you fancy a project you could have a go yourself with an Arduino and a old cellphone LCD
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Ok, so I guess that's why it hasn't been done yet. It would cost too much, and there wouldn't be enough demand to lower that cost. A few people would buy it, but not enough for any profit.
There are other reasons. Mobile/wearable devices get more common and you can run software on them. To make separate hardware is more expensive.
Instead of going for the mass market, why not make it an exclusive product?
Ok, so I guess that's why it hasn't been done yet. It would cost too much, and there wouldn't be enough demand to lower that cost. A few people would buy it, but not enough for any profit.
You could have a hardware device which simply shows whatever it receives trough signal. Perhaps an Arduino board. They cost about $10-$15. You can upload software into it which shows a price over a signal. Your pc would broadcast the bitcoin price (trough cable or wireless), the hardware device would receive it and show. This is the cheapest solution as far as i know.
Yes, Arduino was my first idea as well, but look at the prices of it with a WiFi shield: http://store.arduino.cc/index.php?main_page=index&cPath=5 XBee shield isn't cheap either: http://store.arduino.cc/index.php?main_page=index&cPath=38Then there's the cost of other components... Too much. I was hoping somebody could do it with cheaper components. I guess we're out of luck, and an ordinary ticker would cost more than $60...
You use an Arduino dev board and shields to build a prototype, not to make a finished product. They are used to save time and money. Nobody really cares it he hardware for the prototype costs $200 vs $30 you just want something you can proto quick. Then the design is converted to a custom board using the same low level components (and dropping everything which is not needed). So a design might prototype with the wifi shield but the final design would be mass produced with a wifi processor like this: http://www.mouser.com/ProductDetail/Texas-Instruments/CC3000MOD/?qs=sGAEpiMZZMul4LbMdexInYO9dzLxESeK Less than $15 in bulk and honestly mouser prices aren't that good. An assembly house probably can get it for half that depending on how many boards you are making.
A lot depends on the volume. A $50 to $60 target (depending on components and quality) is probably doable. Getting that down to $30 would take a lot of volume. If you make a million widgets you will be surprised how much cheaper all the widget components become.
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Then there's the cost of other components... Too much. I was hoping somebody could do it with cheaper components. I guess we're out of luck, and an ordinary ticker would cost more than $60...
You could do it without wifi. Get the input trough usb or another port from a pc. That way, its cheaper
Alternatively, you could make the electronics design and build it. Individual chips are very cheap.
You could have a hardware device which simply shows whatever it receives trough signal. Perhaps an Arduino board. They cost about $10-$15. You can upload software into it which shows a price over a signal. Your pc would broadcast the bitcoin price (trough cable or wireless), the hardware device would receive it and show. This is the cheapest solution as far as i know.
Yes, Arduino was my first idea as well, but look at the prices of it with a WiFi shield: http://store.arduino.cc/index.php?main_page=index&cPath=5 XBee shield isn't cheap either: http://store.arduino.cc/index.php?main_page=index&cPath=38Then there's the cost of other components... Too much. I was hoping somebody could do it with cheaper components. I guess we're out of luck, and an ordinary ticker would cost more than $60...
I read about the BitTicker and I am glad that I didn't pre-order it. I always liked the idea though and I will most likely support a Kickstarter if there ever is one. I would love to wake up and check my ticker to see how Bitcoin is doing.
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I thought this could maybe be made cheaply by using a small 10x5 cm LED as a screen, but for the rest, I have no idea...
LED could be the output. There is some processing to be done: i.e. it needs to show the actual price. You want a hardware device (computer) that is connected to the internet and displays the price. Computers generally are not so cheap, say an FPGA is 750$. Then again, a simple router is about $50. But I think, given that you want to use LED as output you want a simple device.
You could have a hardware device which simply shows whatever it receives trough signal. Perhaps an Arduino board. They cost about $10-$15. You can upload software into it which shows a price over a signal. Your pc would broadcast the bitcoin price (trough cable or wireless), the hardware device would receive it and show. This is the cheapest solution as far as i know.
It's an interesting idea for a project.
I think something that displayed the current price and glowed red for price decreases and green for increases would be great. There is a company that does something similar for stock prices http://www.ambientdevices.com/.
They're flogging the Ambient Orb for $150 so the idea could be a money maker especially with the headlines it would make on Bitcoin sites and news.
I think something that displayed the current price and glowed red for price decreases and green for increases would be great. There is a company that does something similar for stock prices http://www.ambientdevices.com/.
They're flogging the Ambient Orb for $150 so the idea could be a money maker especially with the headlines it would make on Bitcoin sites and news.
30$ would hardly pay for the board and chip set let alone the screen, wi-fi technology.. custom made boot loader and software to make it all work correctly. best way i could think of do this is use the core parts of a cellphone and try developing on a android operating system.. but even then the screen would not even be big enough for you to hang it on the wall and see.. i am more the capable of developing this but 30$ would be impossible.
Oh? I didn't know that... I thought this could maybe be made cheaply by using a small 10x5 cm LED as a screen, but for the rest, I have no idea...Still, one could do the smallest/cheapest prototype possible, start a Kickstarter campaign, and try his luck with a reasonable price... If it fails, at least you have a ticker for yourself.
30$ would hardly pay for the board and chip set let alone the screen, wi-fi technology.. custom made boot loader and software to make it all work correctly. best way i could think of do this is use the core parts of a cellphone and try developing on a android operating system.. but even then the screen would not even be big enough for you to hang it on the wall and see.. i am more the capable of developing this but 30$ would be impossible.
30$ is a very long shot my friend..
He took preorders in December then ran away...
Eh, what a dick. That's why this would be better by starting a Kickstarter, and having a face and a name to connect with it. It's still not guaranteed, but much better.If you just need one for use in an informal setting you can make one for yourself with an old smartphone and a ticker app.
Yeah I suppose, but I don't want a phone hanging on my wall, heh. 
I looked into this a while back and found this:
https://bitcointalksearch.org/topic/introducing-bitticker-bitcoin-clock-physical-375393
I wonder why they never made any?
https://bitcointalksearch.org/topic/introducing-bitticker-bitcoin-clock-physical-375393
I wonder why they never made any?
He took preorders in December then ran away...
That's a shame.
If you just need one for use in an informal setting you can make one for yourself with an old smartphone and a ticker app.
I looked into this a while back and found this:
https://bitcointalksearch.org/topic/introducing-bitticker-bitcoin-clock-physical-375393
I wonder why they never made any?
https://bitcointalksearch.org/topic/introducing-bitticker-bitcoin-clock-physical-375393
I wonder why they never made any?
He took preorders in December then ran away...
I looked into this a while back and found this:
https://bitcointalksearch.org/topic/introducing-bitticker-bitcoin-clock-physical-375393
I wonder why they never made any?
https://bitcointalksearch.org/topic/introducing-bitticker-bitcoin-clock-physical-375393
I wonder why they never made any?
Hi,
Could somebody who knows about electronics and programming please make a prototype bitcoin price ticker: http://www.instructables.com/id/Make-a-Bitcoin-Price-Ticker-almost-from-scratch-us/
Preferably wireless, so it can be put on a wall or wherever. Additionally, allow to set a "limit," that when the bitcoin price drops below the limit, trigger an alarm sound.
If this can be done and sold for ~30$, I bet it'd turn into profit. I'd certainly buy it. In the example above, the components alone cost $60, and that's too much...
Could somebody who knows about electronics and programming please make a prototype bitcoin price ticker: http://www.instructables.com/id/Make-a-Bitcoin-Price-Ticker-almost-from-scratch-us/
Preferably wireless, so it can be put on a wall or wherever. Additionally, allow to set a "limit," that when the bitcoin price drops below the limit, trigger an alarm sound.
If this can be done and sold for ~30$, I bet it'd turn into profit. I'd certainly buy it. In the example above, the components alone cost $60, and that's too much...
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