Bitcoin Forum

Good morning everyone.
Six months ago, more or less, me and my friend golikcoin decided to start a new project. We noticed some discrepancies in the btc prices on bitfinex, bitstamp and btce and we developed a new type of arbitrage bot.
Its name is Golem. Up to today the bot is perfectly working and makes money. But neither me nor golik have the funds to exploit it the way it should be exploited. Plus i’ve found a new job which takes me a lot of time. So we decided to sell golem.
How it works: basically it exploits the fact that the prices are different between the exchanges. But not only that. We noticed that btce often quotes far below the other two and we made statistical analysis to confirm it. Golem btw works with parameters which must be set by the owner. It must be followed because it works with order limits which 9/10 times are filled instantly. In the remaining case the order must be changed or cancelled manually.
If golem finds significantly different prices basically sells on one and buys on the other exchange. But we came up with the solution for the moving money between exchanges process. We don’t need to. The bot exploits moments in which the prices are far less distant to trade again (in slight loss) for a rebalancing purpose. And the process can start again then.
So, for example.
1)   Buy 1 sell 2 with 5 profit
2)   Buy 2 sell 1 with 1 loss.
3)   Net gain 4.
Clear?

Besides, the bot writes log files in csv format for statistical purpuses.
We don’t assume responsabilities for lack of check on the bot. But we’re more than available to clarify it’s working.

JUST 1 COPY. Would be useless if everyone had it...... We will sell source code plus exes and config files for at least 5 BTC with guarantee of no other copies (we are two respected members active mostly in the italian community). Payment in BTC also with escrow (fee on the buyer). Below there are some screenshots

http://i62.tinypic.com/2ceq3ol.png
http://i59.tinypic.com/14t6j2r.png

Please note that the parameters are changed from the usually used and that the column Gain must be fixed. Everything else works, even the alert mailing system for done operations.

Developer (golikcoin) will ask no charge for 2/3 little on demand adjustments. Everything else available paying:)

DETAILS:

AUCTION WILL START SATURDAY 15/11 AND WILL END ON THE NEXT SATURDAY 22/11.
RESERVE PRICE 5 BTC.


please feel free to ask any question.

auction started...