Pages:
Author

Topic: This gives me hope... (Read 3819 times)

copper member
Activity: 44
Merit: 0
July 09, 2013, 04:31:11 PM
#38
What is the meaning of the amount printed in red? In two of the offers it is 4 x the trade value, but in your own offer "I got $20 for 10 ltc" it is the trade value itself  Huh

That is how much you need to risk to take the offer. You get this back minus 1% fee after a successful transaction.
full member
Activity: 154
Merit: 100
July 09, 2013, 03:45:04 PM
#37
What is the meaning of the amount printed in red? In two of the offers it is 4 x the trade value, but in your own offer "I got $20 for 10 ltc" it is the trade value itself  Huh
copper member
Activity: 44
Merit: 0
July 09, 2013, 10:32:45 AM
#36
Everyone!, I just released the 4th revision today. hope this is the one that gets people to finally start using it. This is the 4th revision with some significant improvements to the About page as recommended through comments on the 3rd revision. See Changes in 4th Revision for details. See initial release feedback -> http://www.reddit.com/r/Bitcoin/comments/1d2qp6/nashx_anonymous_p2p_bitcoin_exchange_nash/ and 1st Revision feedback -> http://www.reddit.com/r/Bitcoin/comments/1dep6e/nashx_revised_per_reddit_review_persontoperson/ and 2nd Revision feedback -> http://www.reddit.com/r/Bitcoin/comments/1dmeym/nashx_2nd_reddit_revision_persontoperson_bitcoin/ and 3rd Revision feedback -> http://www.reddit.com/r/Bitcoin/comments/1dxea6/nashx_persontoperson_exchange_nash_equilibrium/

I just posted it on reddit again here -> http://www.reddit.com/r/Bitcoin/comments/1hxti4/nashx_rev_4_7913_release_trade_anything_you_want/

If you use reddit, please support by upvoting, and leaving comments with your feedback. I would appreciate it very much. Thanks!
copper member
Activity: 44
Merit: 0
July 09, 2013, 10:31:59 AM
#35
http://bitcoinstarter.com there's some there it is the same project?

No, I have not posted the project on bitcoinstarter.
420
hero member
Activity: 756
Merit: 500
June 13, 2013, 04:38:23 AM
#34
http://bitcoinstarter.com there's some there it is the same project?
copper member
Activity: 44
Merit: 0
May 08, 2013, 10:08:14 PM
#33
does this need funders

LOL your username is 420, and your avatar a bitcoin with canibus leaf on it. Do you run medical marijuana shop with bitcoin or something?

Of course it could use funding, both NashX and MillionDollarPortfolioChallenge... it might not be obvious, but there's something very interesting going on on the portfolichallenge. I have ideas to turn it into something pretty interesting. It's just a game now, but it's also a first step and a proof of concept in something else. If only I had enough money to buy eTrade... things I can do with their data... LOL
420
hero member
Activity: 756
Merit: 500
May 08, 2013, 09:32:11 PM
#32
does this need funders
copper member
Activity: 44
Merit: 0
May 08, 2013, 05:15:50 PM
#31
Hi everyone. This is Seong Yup Yoo from NashX.

It's been really difficult getting out my newbie status.

I just released 3rd revision of NashX with significant improvements, and so far feedback has been great.

There are now 5 people with risk funds in their accounts, and they're making offers, and few others who are in the process in attempt to make trades there. One of them is planning on making some trades with his friend first just to get the hang of it.

Two biggest issues found through today's reddit post after 3rd revision was that the About page needs a lot of work.

Also, NashX will support multi-sig transaction in the near future. I'm not sure how near yet as I haven't looked into how difficult it would be to code everything, so I wouldn't recommend you wait for it, but I'm set on implementing that feature as it means better experience for everyone.

That's the top two priorities I have right now, and getting more exposure for NashX and getting people to start using it, and getting feedback from those early adopter traders to keep improving it.

So, I know this is may be a little abrupt favor to ask, but I'd really appreciate it if those of you with reddit accounts, could head over to http://www.reddit.com/r/Bitcoin/comments/1dxea6/nashx_persontoperson_exchange_nash_equilibrium/

And give it an upvote. It's in HOT section right now, but it's falling. Longer it's up there, more eyes balls looking at it, more people will start trading, and so on.

And let me know if you have any questions about NashX.

Also, I just made a new bitcoin trading simulation game yesterday called Million Dollar Portfolio Challenge at http://milliondollarportfolichallenge.com where everybody gets $1,000,000 and make fake trades against BTC-e rates for fun, strategy practice, and competition between friends for bragging rights and what not.
full member
Activity: 154
Merit: 100
May 08, 2013, 03:41:47 PM
#30
He's kept his word, already added quite a few options. It is still very pre-beta, but it looks promising.
full member
Activity: 126
Merit: 100
May 07, 2013, 01:16:37 PM
#29
ok i better reply to that email then lol - and ask his forum name so i can link him to this . - maybe tell him to start a new thread.  : D
Yes do that man, he already replied that he will add EUR to the trading options in the next revision, in a few days time.
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
May 07, 2013, 01:11:45 PM
#28
I spoke about this in Taco's thread - and i contracted the Nashx - designer and told him to come to this forum  - is the OP you Seong Yup Yoo?

sorry i didn't immediately reply to your email been  a bit busy  : D

I'm really hyped about a "plugin" for any wallets client. but you know who knows.

great work anyhow.



No I'm not Seong Yup Yoo, I don't know if he has a forum account, and I don't know him, I just thought it was interesting to share.

ok i better reply to that email then lol - and ask his forum name so i can link him to this . - maybe tell him to start a new thread.  : D
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
May 07, 2013, 01:10:37 PM
#27
https://bitcointalk.org/index.php?topic=169204.260

introduced it to Taco's "netcoin" idea, then realized it would be better as a "plug-in" - (after Taco' mentioned that) / or self contained program, contacted the designer and told him to come onto the forum.
full member
Activity: 126
Merit: 100
May 07, 2013, 01:07:35 PM
#26
I spoke about this in Taco's thread - and i contracted the Nashx - designer and told him to come to this forum  - is the OP you Seong Yup Yoo?

sorry i didn't immediately reply to your email been  a bit busy  : D

I'm really hyped about a "plugin" for any wallets client. but you know who knows.

great work anyhow.



No I'm not Seong Yup Yoo, I don't know if he has a forum account, and I don't know him, I just thought it was interesting to share.
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
May 07, 2013, 01:05:15 PM
#25
Where's the decentralization here? You still need to trust NashX with your bitcoins, right?

no - you put them into a spot where they are destroyed with proof of destruction -  that could be controlled by the client but i guess then there would be hacking problems , but even if it is sent to a central server:


1. why would you want to destroy your coins? except for a test?

and

2. the moment that someone lost coins and , and they checked the Block Chain and could not find the confirm , then that's the moment this whole idea is a failure , (essentially another type of mutually assured destruction equation)

it is decentralized because - it is client to client .
 
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
May 07, 2013, 01:00:53 PM
#24
I spoke about this in Taco's thread - and i contracted the Nashx - designer and told him to come to this forum  - is the OP you Seong Yup Yoo?

sorry i didn't immediately reply to your email been  a bit busy  : D

I'm really hyped about a "plugin" for any wallets client. but you know who knows.

great work anyhow.

legendary
Activity: 1615
Merit: 1000
May 07, 2013, 06:06:21 AM
#23
Where's the decentralization here? You still need to trust NashX with your bitcoins, right?
full member
Activity: 154
Merit: 100
May 07, 2013, 03:09:01 AM
#22
Add an "EUR" option please Smiley
Yes, he definitely should add Euros to the currency list. I'd even suggest he sets EUR as the default option at the moment, and replaces the "by" example with "by Euro SEPA transfer". Meanwhile it is so much easier and cheaper to do a SEPA transfer than to do any USD transaction. There are quite a few of us here on the old continent willing to try out the nashX as soon as we can use EUR/SEPA.
member
Activity: 99
Merit: 10
May 06, 2013, 12:35:36 PM
#21
I really like the idea of this.

Maybe it could be built on the Diaspora project?
full member
Activity: 126
Merit: 100
May 06, 2013, 12:04:26 PM
#20

That's the point of using blockchain because all the transactions are visible to anyone. NashX does not have any idea of Alice or Bob's identification, it only record the announced transction account and check the balance of each corresponding account to see if funds have arrived, all these can be done by program, and each time Alice and Bob can use different address

But there is no good way to prove that Bob has sent the USD to Alice, so there is still a risk of either Bod do not send or Alice do not acknowledge

Comparing with an escrow service, the Bob first send USD to escrow and after Alice saw the USD at escrow, she sent the BTC, and escrow will check the blockchain and confirm the transaction, then release the USD to Alice. So anyway fund should arrive at a public trusted location, either blockchain, escrow or exchange, when it comes to USD, you must have a USD account at escrow, then it is almost the same as exchange

And since NashX is an unregulated exchange, it will not be welcomed by the government


But someone could make an exchange working like this on tor, the government is powerless against the tor network. The site itself would be just for finding someone to exchange with and take care of the risked funds. The only drawback is that you would have to have btc or ltc to risk in the first place, before being able to buy more. It would be good if seongyupyoo released the source code.

Link to where I read about it (not here curiously): http://www.policymic.com/articles/39633/what-do-bitcoin-and-mutually-assured-destruction-have-to-do-with-each-other

Link to the discussion on reddit: http://www.reddit.com/r/Bitcoin/comments/1dmeym/nashx_2nd_reddit_revision_persontoperson_bitcoin/
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
May 06, 2013, 11:13:08 AM
#19

Bob can also destroy Alice's risk fund, so after that transaction is recorded in the blockchain, Alice's risk fund should be released automatically

BTC users can always initialize the transaction and get the risk fund back, since the transaction is in the blockchain. Seems the first sent medium will always be BTC


doesn't this require the exchange (nashx) to know bob's btc address, I thought the whole point was that this would be anonymous

same with risking usd, it's only possible with litecoin or bitcoin or nashx would need to know your bank account or somehow receive cash deposits and refund

That's the point of using blockchain because all the transactions are visible to anyone. NashX does not have any idea of Alice or Bob's identification, it only record the announced transction account and check the balance of each corresponding account to see if funds have arrived, all these can be done by program, and each time Alice and Bob can use different address

But there is no good way to prove that Bob has sent the USD to Alice, so there is still a risk of either Bod do not send or Alice do not acknowledge

Comparing with an escrow service, the Bob first send USD to escrow and after Alice saw the USD at escrow, she sent the BTC, and escrow will check the blockchain and confirm the transaction, then release the USD to Alice. So anyway fund should arrive at a public trusted location, either blockchain, escrow or exchange, when it comes to USD, you must have a USD account at escrow, then it is almost the same as exchange

And since NashX is an unregulated exchange, it will not be welcomed by the government

Pages:
Jump to: