Bitcoin Forum

Other => Beginners & Help => Topic started by: itake on June 28, 2011, 07:31:33 PM



Title: Successful Bitcoin bot?
Post by: itake on June 28, 2011, 07:31:33 PM
I am currently working on writing my own bitcoin trading bot.  I just want to know, is it possible?

My latest version can only beat the market by a very narrow percent, assuming perfect market conditions.


Title: Re: Successful Bitcoin bot?
Post by: BTCcommodities on June 28, 2011, 07:34:02 PM
well, I guess then it's not.
unless you make it.

but then again, probably not.
no telling, really.

let us know!


Title: Re: Successful Bitcoin bot?
Post by: Moxed on June 28, 2011, 07:47:24 PM
it is possible to make good bot if you understand the market.

im also working a vb.net bot however mtgox API are not working for now :(


Title: Re: Successful Bitcoin bot?
Post by: angelo95 on June 28, 2011, 07:50:03 PM
I have one which is working very well. To code such a robot you need knowledge of three kinds:
- coding obviously (I did mine in PHP, will move it to Python/C++ soon)
- autotrading/hft trading
- algos


Title: Re: Successful Bitcoin bot?
Post by: Acidka on June 28, 2011, 08:37:19 PM
will try to write my bot on php then api will go online


Title: Re: Successful Bitcoin bot?
Post by: itake on June 28, 2011, 08:59:07 PM
I have one which is working very well. To code such a robot you need knowledge of three kinds:
- coding obviously (I did mine in PHP, will move it to Python/C++ soon)
- autotrading/hft trading
- algos

You mind giving me some good resources on how to learn this stuff?  Wikipedia hasn't been helping me that much :-(


Title: Re: Successful Bitcoin bot?
Post by: angelo95 on June 28, 2011, 09:52:20 PM
it's all about buying signals and selling signals, but I am sorry I can't share  ;)


Title: Re: Successful Bitcoin bot?
Post by: itake on June 28, 2011, 09:55:03 PM
it's all about buying signals and selling signals, but I am sorry I can't share  ;)

How much are you able to beat the market by?


Title: Re: Successful Bitcoin bot?
Post by: angelo95 on June 29, 2011, 12:49:01 AM
At this time it's pretty tough as the value is almost flat. Before the Mtgox crash it was doing +100% per week.


Title: Re: Successful Bitcoin bot?
Post by: BitcoinPorn on June 29, 2011, 01:06:19 AM
Can I try it out :D


Title: Re: Successful Bitcoin bot?
Post by: Zoomer on June 29, 2011, 03:19:04 AM
Thanks for narrowing the spreads / reducing volatility / predicting the future.

Welcome to arbitrage / trading!


Title: Re: Successful Bitcoin bot?
Post by: johnvm on June 29, 2011, 03:30:29 AM
It most definitely is. I'm an algorithmic equities trader and there are definitely super easy opportunities in the BTC market right now.


Title: Re: Successful Bitcoin bot?
Post by: achillez on June 29, 2011, 07:08:36 AM
johnvm can you give some basic algorithm examples on how this works? I've always been very curious how one is able to predict ups/downs in the stock market (and I guess btc now as well :: )


Title: Re: Successful Bitcoin bot?
Post by: angelo95 on June 29, 2011, 09:36:27 AM
It most definitely is. I'm an algorithmic equities trader and there are definitely super easy opportunities in the BTC market right now.

Yep. That's why I am sad this f*** API doesn't work.


Title: Re: Successful Bitcoin bot?
Post by: itake on June 29, 2011, 03:27:01 PM
It most definitely is. I'm an algorithmic equities trader and there are definitely super easy opportunities in the BTC market right now.

Yep. That's why I am sad this f*** API doesn't work.

Have you tried to just use the "user-friendly" api to login yet?


Title: Re: Successful Bitcoin bot?
Post by: angelo95 on June 29, 2011, 03:29:35 PM
It most definitely is. I'm an algorithmic equities trader and there are definitely super easy opportunities in the BTC market right now.

Yep. That's why I am sad this f*** API doesn't work.

Have you tried to just use the "user-friendly" api to login yet?

Mmmm sorry but I don't get it. What is the "user-friendly" api. Till now I have used the urls as indicated on the mtgox api page...


Title: Re: Successful Bitcoin bot?
Post by: itake on June 29, 2011, 05:44:39 PM
It most definitely is. I'm an algorithmic equities trader and there are definitely super easy opportunities in the BTC market right now.

Yep. That's why I am sad this f*** API doesn't work.

Have you tried to just use the "user-friendly" api to login yet?

Mmmm sorry but I don't get it. What is the "user-friendly" api. Till now I have used the urls as indicated on the mtgox api page...

I mean, logging in by using the postbacks for when you normally log into the site?

e.g. Login here -> https://mtgox.com/users/login -> https://mtgox.com -> to buy/sell your coins.