Bitcoin Forum

Bitcoin => Development & Technical Discussion => Topic started by: Lethn on December 26, 2013, 03:48:30 PM



Title: So who's going to develop a real time cryptocurrency trading platform?
Post by: Lethn on December 26, 2013, 03:48:30 PM
You know what I'd like to see most of all right now aside from just more services accepting cryptocurrency as payment is a real time trading platform. For all the market manipulation and price fixing going on in the forex markets the one thing I liked a lot was the trading software you got and the way everything updated in real time. The reason I bring this up is because while exchanges seem to be getting the hang of things everything is quite slow for people who speculate on altcoins and the like and really I think the best solution to this would be some sort of combined effort to get some sort of trading software up.

Better yet would be if we didn't even need exchanges at all and let them handle the fiat transactions while everybody trades with each other through a computer, since cryptocurrencies are all open source ( The good ones anyway ) shouldn't it be possible to develop some kind of software capable of this? We can do games and filesharing networks that act like this so why not let us trade crypto's in the same way? Having a trading platform for crypto's could well also increase security depending on how it does things because your coins would still be stored on your actual PC rather than on someone's easy to hack and barely defended server.


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: bluemeanie1 on December 26, 2013, 07:54:29 PM
have a look at : http://www.altchain.org/?q=whitepapers/paper2.html

-bm


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: Lethn on December 26, 2013, 08:49:47 PM
That looks fantastic and they also have a donation address too, thanks for that I was wondering how long it would be until I saw something like this :D


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: Sukrim on December 26, 2013, 09:41:44 PM
Bitcoin and altcoins can be relatively easily traded on Ripple, this however is not necessarily "realtime" (it is atomic with ~5-10 second intervals). Compared to pure Bitcoin transactions it is much faster, compared to the NYSE even the fastest current "realtime" exchanges probably are magnitudes slower.


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: maaku on December 26, 2013, 10:29:59 PM
You can find real time market data and trading interfaces for just about every major exchange. I'm a little confused as to what you are looking for that has not already been implemented and around for years.

As for decentralized exchanges, there are various technical reasons why a decentralized exchange will never have the performance characteristics of a more traditional venue. Ripple is probably the closest thing you will find (certainly peer-to-peer, it's debatable how decentralized it is).

If you are looking for a bitcoin-compatible solution, there are various proposals of which I am partial to one: Freimarkets (https://bitcointalk.org/index.php?topic=278671.0).


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: Lethn on December 27, 2013, 09:30:30 AM
This is the kind of thing I was talking about guys which was helpfully posted up in the press section: http://www.btxtrader.com/ - This is what a proper trading platform looks like

I'd love to have something like this but just purely for crypto's ripple is crap I'm not touching that lol :P


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: Sukrim on December 27, 2013, 11:28:10 AM
You are aware that this is just a trading interface on top of the various APIs of existing exchanges, right? You asked for an exchange itself.

If you want this too, consider to implement api bridges to existing standards instead, like translating market data to the Blomberg open api so you can use your own interface.

Ripple is not crap, so I guess we have to disagree on that.


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: bradmurmz on February 11, 2014, 09:49:27 PM
Here ya go....

https://cryptrader.com

Real time... even has stop orders for all the supported exchanges


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: jestersimpps on April 12, 2014, 08:45:57 PM
I am building one, it will be done in a month. (5 sec refresh from cryptsy)
planning to include poloniex, BTCe, mintpal, and others
http://youtu.be/SsXVRTzG5uA (http://youtu.be/SsXVRTzG5uA)


https://i1.ytimg.com/vi/SsXVRTzG5uA/maxresdefault.jpg


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: maaku on April 12, 2014, 09:36:16 PM
jestersimpps, that's a pretty picture but you know it's got nothing to do with this thread, right?


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: jestersimpps on April 12, 2014, 09:50:56 PM
why not? for the moment it is the closest i can get to emulating a forex trading platform.
I was searching online for other cryptocurrency trading platforms, this is how I got to this thread.
I guess I'm just excited to show people my work, that's all


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: thezerg on April 12, 2014, 09:53:43 PM
the first step is to capture multiple things in one blockchain and allow 2+ transfers to happen atomically.  once you do that an exchange is just a glorified forum... it is not even a money transmitter so no reg necessary!!!

https://bitcointalk.org/index.php?topic=565342.0 (https://bitcointalk.org/index.php?topic=565342.0)


Title: Re: So who's going to develop a real time cryptocurrency trading platform?
Post by: fuzzbuzz on April 29, 2014, 07:00:46 AM
If anyone is serious about a multi exchange Trading platform, it needs to be desktop platform where Tools, scripts, aglos can be shared freely. Just look at the success of these FX platforms. cTrader, JForex, Metatrader, NinjaTrader.

Without the ability to Build and share,  your platform will never gain the momentum that you've hoped.