Bitcoin Forum

Economy => Marketplace => Topic started by: itake on July 12, 2011, 05:40:17 PM



Title: Bitcoin Bot
Post by: itake on July 12, 2011, 05:40:17 PM
What is the communities opinion on algorithmic trading?


Title: Re: Bitcoin trading bot for sale backtested 75% profit (LIMITED SALES)
Post by: aandreas on July 12, 2011, 07:47:47 PM
so, what´s the price?


Title: Re: Bitcoin trading bot for sale backtested 75% profit (LIMITED SALES)
Post by: itake on July 13, 2011, 08:43:55 PM
so, what´s the price?

The price will be determined by a bidding process.


Title: Re: Bitcoin trading bot for sale backtested 75% profit (LIMITED SALES)
Post by: aandreas on July 13, 2011, 09:27:26 PM
bidding 0.01 -beause of the lack of gui


Title: Re: Bitcoin trading bot for sale backtested 75% profit (LIMITED SALES)
Post by: Clipse on July 13, 2011, 10:43:43 PM
I come from pokerbotting background and I can tell you that as soon as someone provides a profitable botting solution it comes right after it stopped being profitable.

Providing backtesting will likely result in profitable results however that is the past(and yes it very well may have been profitable until now)

Could you explain why you are selling this now, since your overall profit looks mighty fine and if this is as profitable as you claim then there would be no reason for you wanting to increase competition in the small market we all trade in.

You mention that you dont have enough capital to earn money with your bot, but you actually present pretty decent profits with the $5000 starting balance ?

If you raise enough money to trade profitable(again, I dont understand since you are trading profitable allready) wont you simply compete against the 10 copies sold? (not to mention the 10 copies sold will be copied to friends/family and even resold)


Title: Re: Bitcoin trading bot for sale backtested 75% profit (LIMITED SALES)
Post by: foggyb on July 13, 2011, 11:28:24 PM
I come from pokerbotting background and I can tell you that as soon as someone provides a profitable botting solution it comes right after it stopped being profitable.

Providing backtesting will likely result in profitable results however that is the past(and yes it very well may have been profitable until now)

Could you explain why you are selling this now, since your overall profit looks mighty fine and if this is as profitable as you claim then there would be no reason for you wanting to increase competition in the small market we all trade in.

You mention that you dont have enough capital to earn money with your bot, but you actually present pretty decent profits with the $5000 starting balance ?

If you raise enough money to trade profitable(again, I dont understand since you are trading profitable allready) wont you simply compete against the 10 copies sold? (not to mention the 10 copies sold will be copied to friends/family and even resold)

+1,000,000



Title: Re: Bitcoin trading bot for sale backtested 75% profit (LIMITED SALES)
Post by: Leon on July 14, 2011, 01:14:46 AM
I come from pokerbotting background and I can tell you that as soon as someone provides a profitable botting solution it comes right after it stopped being profitable.

Providing backtesting will likely result in profitable results however that is the past(and yes it very well may have been profitable until now)

Could you explain why you are selling this now, since your overall profit looks mighty fine and if this is as profitable as you claim then there would be no reason for you wanting to increase competition in the small market we all trade in.

You mention that you dont have enough capital to earn money with your bot, but you actually present pretty decent profits with the $5000 starting balance ?

If you raise enough money to trade profitable(again, I dont understand since you are trading profitable allready) wont you simply compete against the 10 copies sold? (not to mention the 10 copies sold will be copied to friends/family and even resold)

Yeah I was thinking the same thing, I really don't understand why this guy would even consider selling this unless it was for a rediclous amount such as 10x the profit he has already made, at which I highly doubt anyone would buy for or risk the money.

On the other hand perhaps he has a better bot now and figured he may be able to make some for an older version.. Who knows..


Title: Re: Bitcoin trading bot for sale backtested 75% profit (LIMITED SALES)
Post by: tysat on July 14, 2011, 02:03:49 AM
He didn't actually make that money, he tested the algorithm against data that was already out there.


Title: Re: Bitcoin trading bot for sale backtested 75% profit (LIMITED SALES)
Post by: dunand on July 15, 2011, 01:12:51 AM
At some time I developed a system to play the stock market. And I was using past data to test my algorithm exactly like itake did. At some point you think your IA is good because your are making money. What happen is your algo exploit things that happen in that time frame. In another set of data or another time frame it may fails miserably.


Title: Re: Bitcoin trading bot for sale backtested 75% profit (LIMITED SALES)
Post by: fxgmblr on July 15, 2011, 01:34:01 AM
this guy's an idiot, he is supposedly a "professional C# developer" and yet he doesn't have enough funds to trade himself?
laffle. plus, historical results have nothing to do w/ the future. who knows what is going to happen tomorrow?
backtesting is worthless.


Title: Re: Bitcoin trading bot for sale backtested 75% profit (LIMITED SALES)
Post by: Leon on July 15, 2011, 01:48:23 AM
He didn't actually make that money, he tested the algorithm against data that was already out there.

Ah, I get it now. He should BOLD that or something.


Title: Re: Bitcoin trading bot for sale backtested 75% profit (LIMITED SALES)
Post by: Leon on July 15, 2011, 01:50:03 AM
this guy's an idiot, he is supposedly a "professional C# developer" and yet he doesn't have enough funds to trade himself?
laffle. plus, historical results have nothing to do w/ the future. who knows what is going to happen tomorrow?
backtesting is worthless.


Do you even know what a professional is? This simply means they make a living from it. He could make $500 a month or millions a month. So from him selling this the chances are his income is low. It doesn't take that much skill to do something like this in C++.