Post questionable threads here, using one reply per thread. No need to vote on each one (as then the people that reported the thread get down voted), but please add comments to each thread reasoning why on or off topic.
What would the effects be on the world economy if several million people around the world would utilize the Bitcoin currency for their daily transactions? Would you expect the GDP to grow faster or slower and why?
The C programming language outperforms interpreted languages such as Python or Ruby, but when it comes down to programming productivity, it is much easier/faster to write a Python program than a C program.
Considering that I want to write a trading bot, what would be the most appropriate language? If I use C, will I see a noticeable performance difference, or would the latency from HTTP calls make my decision time irrelevant?
Beyond conspiracy theories (that my or may not be true), Paypal claimed they were not allowed to sell Bitcoins, while currently it seems Google Checkout is a viable option (at least two sites I know that use GC and a Google employee explicitly allowed virtual currencies in a reply to a Bitcoin question.).
I'm currently writing something to script arbitrage between two exchanges to test the concept.
I know I can determine the difference in prices by using
(ExhangeA_sell - ExchangeB_buy) <- this will give me the price difference. i.e. gross profit (before fee's)
My question, how do I take the fee's into account when calculating net profit?