Bitcoin Forum

Other => Archival => Topic started by: telcy on January 25, 2016, 05:27:47 PM



Title: New Arbitrage Bot - looking for BETA Testers
Post by: telcy on January 25, 2016, 05:27:47 PM
deleted

I got not the expected feedback to make it public


Title: Re: New Arbitrage Bot - looking for BETA Testers
Post by: shorena on January 25, 2016, 05:48:44 PM
Hello there,

over the last months I have created an arbitrage trading bot (windows application) and connected Kraken with Btcmarkets. These two are not connected by another public bot yet and generate profits up to 6%. I have tested the software over a longer period and could easily make $300-400 every few days (deposit/trading vol of approx. 10k). Most wasted time was the transfer between my bank accounts.

I am looking for some interested people (max 10) who would like to test the software and get it for a discount price on a later stage.

Current Features
* automatic buy/ sell
* manual buy/sell
* uses API functions
* uses web injection for more accurate updates
* updates exchange rates every few minutes
* does work on windows servers too

Please only apply if you have:
* Kraken verified account
* Btcmarkets verified account

http://s28.postimg.org/r83joigel/screen1.png
http://s28.postimg.org/7201pmkr1/screen2.png

Post here if you are interested and I will send you a pm the next days.

Cheers,
telcy

Magical closed source windows only software that generates money?

All I hear is virus.


Title: Re: New Arbitrage Bot - looking for BETA Testers
Post by: telcy on January 25, 2016, 05:56:12 PM
magical closed? oO Whats wrong with you?

I have also created hearthcrawler and warcrawler (bots for world of warcraft and hearthstone) with my friends. Google it and you know that I dont spread viruses.

EDIT:
And of course its not open source cause I do not provide it for free. I started with a windows application and will consider to build it for other platforms too if I get enough positive feedback.


Title: Re: New Arbitrage Bot - looking for BETA Testers
Post by: Serpens66 on January 25, 2016, 06:34:48 PM
btcmarkets.net is not possible with € , right?
So I need a bank account that can deal with $?

You should add this to the "Please only apply if you have:".


And also there is the risk of fraudulent payments to your bank account from users. This is very risky because you can loose money and bank account.
Is there anything that btcmarkets does to prevent this?



Title: Re: New Arbitrage Bot - looking for BETA Testers
Post by: telcy on January 25, 2016, 06:51:25 PM
btcmarkets.net is not possible with € , right?
So I need a bank account that can deal with $?

You should add this to the "Please only apply if you have:".


And also there is the risk of fraudulent payments to your bank account from users. This is very risky because you can loose money and bank account.
Is there anything that btcmarkets does to prevent this?



Thats right. You need an Australian Bank Account to make withdraws and deposits. To transfer money between AUS Bank Acc and EUR Bank Acc you can use Currencyfair or Transferwise. I will add it to the list.

There is no risk for fraudulent payments cause both platforms only deal with deposited money. No direct bank transfer between users.
And to avoid the risk of bitcoin price drop/raise we just use the nice leverage system of kraken :)


Title: Re: New Arbitrage Bot - looking for BETA Testers
Post by: Serpens66 on January 25, 2016, 07:02:07 PM
btcmarkets.net is not possible with € , right?
So I need a bank account that can deal with $?

You should add this to the "Please only apply if you have:".


And also there is the risk of fraudulent payments to your bank account from users. This is very risky because you can loose money and bank account.
Is there anything that btcmarkets does to prevent this?



Thats right. You need an Australian Bank Account to make withdraws and deposits. To transfer money between AUS Bank Acc and EUR Bank Acc you can use Currencyfair or Transferwise. I will add it to the list.

There is no risk for fraudulent payments cause both platforms only deal with deposited money. No direct bank transfer between users.
And to avoid the risk of bitcoin price drop/raise we just use the nice leverage system of kraken :)

sounds interesting, but I don't have an Australian Bank account =/

But can you explain me how you use the leverage system of kraken to avoid risks of price movement?


Title: Re: New Arbitrage Bot - looking for BETA Testers
Post by: telcy on January 25, 2016, 07:12:20 PM
Lets say you have 1 Bitcoin and you want prevent price movement you have to open a position with the same amount of btc...

Kraken:
New Order/ Intermediate
Choose Sell 1 BTC and Leverage 5
Order Type Market

done :)


To close this position:
New Order/ Intermediate
Choose Buy 1 BTC and any Leverage you want



Title: Re: New Arbitrage Bot - looking for BETA Testers
Post by: Guiomar on January 25, 2016, 07:34:32 PM
please send pm for test.


Title: Re: New Arbitrage Bot - looking for BETA Testers
Post by: vlamer on January 25, 2016, 08:33:18 PM
check virustotal.com first


Title: Re: New Arbitrage Bot - looking for BETA Testers
Post by: Amph on January 26, 2016, 07:25:29 AM
no open source + newbie = 100% virus, i would not touch this unless you're willing to run it in a safe enviroment


Title: Re: New Arbitrage Bot - looking for BETA Testers
Post by: s@toshiClaims on January 26, 2016, 07:26:34 AM
im willing to test it.