Bitcoin Forum

Hi,

I'm looking for a programmer that can code me a simple bot for automated trading on CEX.IO.

I currently have 0.15BTC so I would be crazy to invest that in a bot, but I have an other proposition: I'm willing to let the programmer code his own adress in the program. I agree that he automatically receives 20% of all revenue generated (forever).


I will provide the simple trading algorythm to use (he just has to put it in code).

I will need a simple GUI for it too, since i suck at putting commands in DOS.

I know that I'm new and I'll try to do everything possible to show that i'm not a scammer. Just give me a chance to prove myself...

thanks!

So you risk nothing by paying nothing up front, and the programmer risks his time? Is that the deal on the table? If so, don't expect programmers to be forming a queue.

Not really correct:

First of all, I take the risk for my input of BTC. If the project innitially succeeds, i'll add more + reinvest.

Secondly, I'm sharing my algorythm with the programmer, so he knows what he gets into.

Thirdly, If I loose he still has a good program to share or sell. I'll have nothing

and as last, it's a huge reward on the long run...

Dream on baby ....

why?

Tell me my mistake?

How about the fact that you're wanting work that most would charge quite a few hundred to quite a few thousand on done for free, backed by empty promises, with no guarantee of return?

Wouldn't the programmer be able to see it for himself and agree (take the job) or disagree (leave the job), when I tell him the algorythm?

How can I make it more thrust worthy? Without paying some stranger hundreds of dollars for a program that may or may not fail?

I see that escrow is a possibility, but again: nothing stops him to have a deadman switch in the programm or to clean out my account after escrow is released... so that's no option...

Only option I see to get a decent programm is by having a live-long committment...

Everyone likes his money upfront, at least this way everyone has to put in some effort... (and I repeat, the programmer knows exactly what he gets into by seeing the algorythm)

You could of course see it as a long term investment...


So how can I make my proposition better?

Escrow for this wouldn't even work. Again, the programmer, by your terms, is potentially entitled to nothing but wasted time, and time is money.

Even most long-term investments come with some form of immediate return.

Here's a novel concept. By actually offering payment.

Describe tech parameters.

Do you have to enter commands while the bot is running? (Because you asked for the gui). I have a framework, that runs on a VPS, so it's hard to have a GUI there.

@khanduras: I didn't say it wasn't profitable from the start. It's just that the bigger winnings will be on the longer run (aka 1-3months). It's actually just a very logical project.

@other_side: why would I? It wouldn't change anything in here... I only disclose to programmers that are seriously interested.

@daybyter: hmm depends on difficulty. Basicly the gui is just to keep everything controlled. But I guess that your plan could work also? Can you send me more info in PM?

I am willing to help with this project :)
I am interested in trying out your algorithm with some of my own money too.
What is the algorithm?

I like to use the browser as a GUI. it makes it easier to write cross-platform code.

I sent you a pm :-)

Assuming the principal amount is 0.15BTC, if performance is very well +100%, the programmer would have 0.03BTC, right? Also it depends on the review period to measure 'revenue'.

On the other hand, if the programmer know the trading algorithm, he could make the profit against that algorithm.

In either case, 0.15BTC is... :-\

true, but the case is that I reinvest everything until I reach a certain number (which is highly unlikely to be reached in the next year). the first weeks or so it will be low, but the investment rises over time... that is the beauty of trading in btc and not mining, the difficulty remains the same :p