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RGB Sensor’s New Job: Cryptocurrency Trade Advisor

Author: Donald Papp / Source: Hackaday

[XenonJohn] dabbles in cryptocurrency trading, and when he saw an opportunity to buy an RGB color sensor, his immediate thought — which he admitted to us would probably not be the immediate thought of most normal people — was that he could point it to his laptop screen and have it analyze the ratio of green (buy) orders to red (sell) orders being made for crypto trading. In theory, if at a given moment there are more people looking to buy than there are people looking to sell, the value of a commodity could be expected to go up slightly in the short-term. The reverse is true if a lot of sell orders coming in relative to buy orders.

Having this information and possibly acting on it could be…

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