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61  Alternate cryptocurrencies / Announcements (Altcoins) / Re: | STRATIS | The first blockchain developed for businesses |Full POS on: January 26, 2017, 11:20:39 AM
How (or When) can I create my own private blockchain on Stratis?
62  Alternate cryptocurrencies / Announcements (Altcoins) / Re: (JWL) JEWELS 🔷 HEROES LAUNCHED 🔷 1ST JWL USE CASE 🔷 TRADING ON BITTREX on: January 26, 2017, 10:56:51 AM
expecting something like this

63  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XEL] Elastic Project - The Decentralized Supercomputer on: January 26, 2017, 10:47:49 AM
how does one get elastic token?
64  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Hybrid PoW/PoS | btcsuite Devs | Tons of New Features | Go on: January 26, 2017, 10:28:47 AM
What's with the puzzle? Where will it lead?
65  Alternate cryptocurrencies / Announcements (Altcoins) / Re: (JWL) JEWELS 🔷 HEROES LAUNCHED 🔷 1ST JWL USE CASE 🔷 TRADING ON BITTREX on: January 24, 2017, 07:56:03 AM
Looks like a really good project.. keep up the good work dev!!

How are the gambling games and rebirth coming along? I think everyone is looking forward to some good news about these developments.

Do you think JWL can get on Poloniex soon?
66  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]DeepWebCash - Created Equal - 100% POW, NO PREMINE - A FORK OF ZCASH on: October 21, 2016, 12:14:42 PM
reserve latin translation
67  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]DeepWebCash - Created Equal - 100% POW, NO PREMINE - A FORK OF ZCASH on: October 21, 2016, 11:23:49 AM
Ticker is ZEC? I'm confused
68  Alternate cryptocurrencies / Altcoin Discussion / Re: If you were a coin developer... on: October 08, 2016, 12:31:20 PM

The purpose of a CURRENCY is NOT to improve an existing business model.




This I definitely agree. Of course, there are lots of developments that are purely crypto-related such as new algorithms, anonymity, etc.

However, those that do implement some sort of real-world use or integrate with existing business models do have high utility with people seem to be interested in.

Not saying that one is better than the other, as they all have a use in its own way.
69  Economy / Trading Discussion / Re: Do you use a bot for trading? on: October 08, 2016, 03:31:02 AM
Quote
do you have practical experience with bots?
A lot! I assume that should be clear from my post. 

Quote
Do you write their code or you just buy them?
I bought/rented few bots in the past. Later I (and some of my colleagues) developed a couple of bots running different strategies.

Bot is not an AI that makes human-like decisions. It is only a tool that helps to automate a set of simple routine operations.
IMO it is essentially important to fully understand the logic of the bot that may be allowed to trade.
If its logic is obscure or described in vague terms (a mathematical bot running on neural networks and optimized with genetic algorithms with super-profitable strategy) - I will never give it a chance!!!


Appreciate your sharing!

If I may ask, what strategy did you employ on your bots? hope you can share some insight though i also understand if you don't want to..
70  Economy / Trading Discussion / Re: Do you use a bot for trading? on: October 08, 2016, 03:21:06 AM
I was planning to have a highly skilled coder develop one for me, but I as a noob when it comes to code don't know whether or not he didn't add a line of nasty code where he can access my account.

That's for me the main reason of why I don't use a bot for my trading.


If you did manage to find an honest and skilled developer, what would you put in your bot?
71  Alternate cryptocurrencies / Altcoin Discussion / If you were a coin developer... on: October 07, 2016, 01:03:22 PM
I see many people creating new coins and many more investing in them... If you were to create your own coin, what would you do?

Tbh, most of the newly launched projects are greedy devs launching useless products just trying to make profit for themselves and eventually giving up on the project. I personally believe that for a coin to be successful, the product behind it also has to have some value to the users, such as improving an existing business model etc. So was wondering, what existing "problem" would you try to solve with your coin?

Would love to hear your thoughts...

On a side note, from an "investor" point of view, what are the most important things you look for in a new coin project?
72  Economy / Trading Discussion / Re: Do you use a bot for trading? on: October 07, 2016, 12:57:11 PM
Just like others, I never used bot in trading. Honestly, I don't know how it works, or even how to set it up to do trading for me or for anybody. I'm also thinking if there is really an advantage? I mean you can earn more with that? Hmmm, anyway I think it is still better without it, at least you can manage your trades with your own decision/control. That's the reason why I don't see myself making one in the future. It seems that you already have plan in making your own, good luck  Smiley Thank you for sharing your idea too.

Thank you for the good words!

I think that if you already have a working trading strategy, that can be turned into an algorithm to trade for you exactly the way you want it.

But of course, first coming up with a profitable trading strategy is the hardest part, since as most people say, 95% of traders are not profitable.
73  Economy / Trading Discussion / Re: Do you use a bot for trading? on: October 07, 2016, 12:46:33 PM
I thought it would be interesting to know if you guys use a bot to trade bitcoin or altcoins..

Whether or not you do, if you were to make one, what rules would it based on?

I don't use one myself.. but am looking to get one built, and would welcome any suggestions on features and rules that you think would work..

Thanks!

i have searched for this for a long time, you can find my topics back in 2014 asking for open source bots and free bots ,...

finally i started learning a programming language and made myself a bot which i am constantly developing and i use that.


That's really great! Wish I had your tenacity to learn programming from the ground up..

Could you share a little about what your bot does or what functions it has?
74  Economy / Trading Discussion / Re: Do you use a bot for trading? on: October 07, 2016, 12:16:08 PM
Wow guys thank you for all the replies!

I was thinking about it... and it makes sense that you will first need to have a trading strategy/setup in place, and then the next step would be to programme those rules into a bot. I'm not here to talk about 3rd party bots where like exscudo said "you don't even know what's inside it".

And the reason why people who have working and profitable bots usually do not sell it is because, the more people have the bot, the less likely it will be profitable. Imagine someone with a working arbitrage bot, is making money because there is price discrepancies between different exchanges; if everyone has that same bot, the price discrepancies would eventually disappear and not everyone will be able to get part of the pie.


Off the top of my head, one simple setup would be an MA crossover (or even triple MA) which you watch on two timeframes (lower timeframe for deciding entry/exit prices, high timeframe for trend confirmation). Of course, it should have couple more rules in place to avoid taking every trade when MA crosses.. AND it is definitely not as easy as it sounds otherwise everyone would have their own highly profitable trading bots. Like I said, we first need a profitable setup, and then programme those rules into the bot.


Also, I think such trading bot rules will work for more established markets like BTC or ETH, or with traditional money markets. When it comes to altcoins, problems with liquidity likely render most bots useless, or at least will require a different set of rules, or parameters that consider volume and liquidity.

For altcoins, a "volumizer" seems to be pretty common, but I wonder what other functions people who trade altcoins put in their bots.. I could think of so many different kinds of bots for different functions for trading altcoins.. pretty sure whales have bots that can carry out many different functions. Also something interesting could be to create a "research" bot to study volume (among other parameters) of altcoin markets to pick up on anomalies or know when something is brewing.


Seen some talk about "altcoin developers using bots to pump the volume and manipulate the price".. But what would this bot actually do? I'm guessing some functions could include to create volume with self buys/sells, placing buys/sells higher than others, price suppression with large sell walls, etc..


Maybe another way to put my initial question would be:

What is your trading setup/strategy? I'm sure you have a few basic rules that you abide by to some extent.




Whether or not you do, if you were to make one, what rules would it based on?
I don't rely on bots since I'm pretty much online 18 hours a day. *Perks of being a Software Developer.
Secondly,as a python enthusiast,I have deployed a few trading bots according to the custom needs.Furthermore,here are a few suggestions you may want to consider while getting one programmed for trading.

 -No 24*7 window.Set a timeout after every satoshi made through the marginal values.

 -Keep a bot actively running in the background to send latest prices of the alt's.The trading bot should take these prices,analyze the differences in the span of 15 mins and then decide to trade or not.

 -Marginal values should be fetched from a reliable source such as prev or coinbase and not the website's tickr!



Yes, I use such a bot for trading.

Custom developed, it integrates via API on several different popular exchanges* and generates passive income for me via arbitrage (buy bitcoin cheapest possible on x platform, sell higher on y platform). Daily profit varies obviously due to BTC price fluctuations, arbitrage fluctuations, etc. If anybody is seriously interested in it and has a decent offer, PM me  Smiley Not willing to release it publicly however for obvious reasons.


*you must have valid and existing accounts on any exchange you want it to use that is supported.

Google will point you to older opensource projects that you can use/abuse to your own needs.

I make and test mostly semi automated stuff.
 This one is quite easy to rewrite.


Thank you for the tips!!  Smiley

75  Economy / Trading Discussion / Do you use a bot for trading? on: October 06, 2016, 01:56:36 PM
I thought it would be interesting to know if you guys use a bot to trade bitcoin or altcoins..

Whether or not you do, if you were to make one, what rules would it based on?

I don't use one myself.. but am looking to get one built, and would welcome any suggestions on features and rules that you think would work..

Thanks!
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