Quick UpdateCurrently Infernoman is working on wallet version 1.2.2.3, and we don't have a date for release yet. This wallet update is a GUI update, so it is
Not a mandatory update. When the new wallet releases we will remove the message "Please update to Client version 1.2.2.2 If you have already updated ignore this message." That people see at the top of the clients and the block explorer.
So what is happening right now?Currently Infernoman is working on an Arbitrage Bot for the wallet. He would like to release with the arbitrage bot included. He has most of it figured out, it's just getting everything working on C++. When he figures out these first few functions and verify they are working, then the process should be much faster for completion. Since this feature will be wallet based, it will be dependent on your wallet balance. Only if the wallet balance is
More than the amount set, will the feature work. (
The balance needed is up for discussion, so please voice your idea.) The exchanges that will be included are 1ex.Trade, Safecex, and Bittrex. The balance required for 1ex.Trade and Safecex should be lower as they are the low volume exchanges. The current thought to have all 3 exchanges available is 10,000 Transfer.
What is Arbitrage?Below is the definition stated at Investopedia. The link has a nice video explanation.
http://www.investopedia.com/terms/a/arbitrage.aspThe simultaneous purchase and sale of an asset in order to profit from a difference in the price. It is a trade that profits by exploiting price differences of identical or similar financial instruments, on different markets or in different forms. Arbitrage exists as a result of market inefficiencies; it provides a mechanism to ensure prices do not deviate substantially from fair value for long periods of time.
MorePreviously stated updates to the wallet are still on. Like Dynamic DNS for Masternodes and GUI for creating Masternodes. We have really been growing in community and development. Lets keep spreading the word and try to recruit new people to join our community. I have been very happy with the trading improvement on exchanges, since my post a couple of days ago, and I think it is making a huge difference.
As always watch for tweets about #Transfercoin. I did a payout the other day of 2600 TX from the
@CoinPromo account. You can use this link
http://transfercoin.io/twitter-tip-bot/ on how to use the tip bot. Follow
@cheyms as he is doing giveaways of TX as well.
Also if you want to join the IRC channel here is a link for #Transfercoin Channel.
https://kiwiirc.com/client/irc.kiwiirc.com/#Transfercoin. We tip there and discuss ideas for Transfercoin. We also discuss other cryptos and services they have.
Don't forget this update about the Trezor Giveaway:
https://bitcointalksearch.org/topic/m.13777214Thank You,
wigitgetit (BCT, IRC, Twitter)