Bitcoin Forum

Other => Beginners & Help => Topic started by: stbot on January 04, 2014, 09:01:39 AM



Title: BitCoin trade bots
Post by: stbot on January 04, 2014, 09:01:39 AM
What does everyone think about bitcon/altcoin trade bots? has anyone used one or worked on one and what was your experience?


Title: Re: BitCoin trade bots
Post by: R0yalAir on January 04, 2014, 09:09:58 AM
never use one what'r u using ?


Title: Re: BitCoin trade bots
Post by: stbot on January 04, 2014, 09:18:14 AM
Well, i'm not using one at the moment but I wrote an api wrapper for BTC-e and was wondering if I should go further than that, or if it would just be an educational experience.

I was also wondering what people thought about them if they had used them so i could get an idea of design that people would like if i did build one.


Title: Re: BitCoin trade bots
Post by: RedBurrito on January 04, 2014, 09:23:38 AM
Haven't used any, but I don't trust them.. Thus they cost too much


Title: Re: BitCoin trade bots
Post by: MonkeyDOH on January 04, 2014, 09:55:47 AM
Haven't used any, but I don't trust them.. Thus they cost too much

i don't trust them too bud


Title: Re: BitCoin trade bots
Post by: stbot on January 04, 2014, 10:39:17 AM
can i ask why not?


Title: Re: BitCoin trade bots
Post by: Gentlemaniac on January 04, 2014, 01:06:33 PM
They can be highly annoying when trading manually.

Why must a bot put a 1 BTC Bid 1 cent above my 0.01 BTC Bid within seconds, every single time?

My orders hardly ever get filled.

I don't think it is profitable behavior either, by the bot. It's not like that my 0.01 BTC bid matters in the grand scheme of things, but still this bot reacts to me.


Title: Re: BitCoin trade bots
Post by: godt on January 04, 2014, 01:50:22 PM
Is somewhere trustworthy bot list ?


Title: Re: BitCoin trade bots
Post by: kot on January 04, 2014, 01:53:12 PM
Well I dont think so...


Title: Re: BitCoin trade bots
Post by: mitzie on January 04, 2014, 02:47:42 PM
I wouldn't trust them as well


Title: Re: BitCoin trade bots
Post by: LetITBTC on January 04, 2014, 04:35:16 PM
none of them can be long time profitable.


Title: Re: BitCoin trade bots
Post by: Kiki112 on January 04, 2014, 04:40:38 PM
yeah, I don't think that would end well..

if someone had a working non-scam one in his possesion I doubt he would just give it away..


Title: Re: BitCoin trade bots
Post by: BitLand on January 04, 2014, 04:56:31 PM
never get a trade bot !


Title: Re: BitCoin trade bots
Post by: liquidator on January 04, 2014, 04:57:14 PM
i wouldn't trust one but my mate uses one and he's been all right so far


Title: Re: BitCoin trade bots
Post by: stbot on January 04, 2014, 09:06:01 PM
what one does he use?


Title: Re: BitCoin trade bots
Post by: Whats A Diet on January 04, 2014, 09:23:59 PM
id say all scams man


Title: Re: BitCoin trade bots
Post by: nauticatom on January 06, 2014, 02:21:50 AM
I only seen two of them so far.

1. a PHP script some fellow wrote https://bitcointalk.org/index.php?topic=391630.0
2. and this on satoshi box, http://satoshibox.com/52ca0d4d4c347b6c240041a7
 that im tempted to buy... the last thing I picked up on satoshibox, turned out ok...  ill wait and build up a few ltc first, and see.

both are interesting vehicles, as arbitrage is the only real way to make money around here these days unless you are a pool op or programmer.