From: mmalmi@cc.hut.fi Date: Tue, 05 Jan 2010 03:55:14 +0200 To: Satoshi Nakamoto Subject: Bitcoin Exchange I have a prototype of the bitcoinexchange.com service up now (auth: bitcoin/bit). It's running on the Python-powered Django web application framework, which is a pleasure to work with, compared to php. I'll have to do some studying for a few days now, after which I can return to work with the exchange service. Among other things I'll fix the pricing so that the price of Bitcoins grows towards infinity when my supply of them gets closer to zero. That way I can find the market rate and stay at the point where supply meets demand. I'm not yet completely sure what the parameters of the hyperbolic pricing curve should be, so that's something to think about.