PROFITS - ATPx [Automated Trading Platform eXtended]

[Askit2]

Could someone explain how this project works ? Or how it doesn't work ? Running bots in multiple exchanges is the easiest part, how can you actually trade between exchanges doing that ? Obviously you can't, there is something missing here and it is a huge thing to miss.

As I understood it the plan was to use MTGoX codes and the like to move money between the exchanges. As MTGoX for sure doesn't allow that anymore I can't say. I was hoping PROFITS would live because BTCe has 1/3rd the fees so making money on the swing is easier. That having been said I think I pulled a rez on 2 very dead threads.

[moderate]

Could someone explain how this project works ? Or how it doesn't work ? Running bots in multiple exchanges is the easiest part, how can you actually trade between exchanges doing that ? Obviously you can't, there is something missing here and it is a huge thing to miss.

As I understood it the plan was to use MTGoX codes and the like to move money between the exchanges. As MTGoX for sure doesn't allow that anymore I can't say. I was hoping PROFITS would live because BTCe has 1/3rd the fees so making money on the swing is easier. That having been said I think I pulled a rez on 2 very dead threads.

Transfering money between exchanges at the very best situation takes at least several days. So that idea is dead right now, yes ? What are you after ? Something that can trade at btc-e ? I'm sure there are several projects for doing that.

[Askit2]

Could someone explain how this project works ? Or how it doesn't work ? Running bots in multiple exchanges is the easiest part, how can you actually trade between exchanges doing that ? Obviously you can't, there is something missing here and it is a huge thing to miss.

As I understood it the plan was to use MTGoX codes and the like to move money between the exchanges. As MTGoX for sure doesn't allow that anymore I can't say. I was hoping PROFITS would live because BTCe has 1/3rd the fees so making money on the swing is easier. That having been said I think I pulled a rez on 2 very dead threads.

Transfering money between exchanges at the very best situation takes at least several days. So that idea is dead right now, yes ? What are you after ? Something that can trade at btc-e ? I'm sure there are several projects for doing that.

When the bot was in design and active development there had been a few ways to move money between exchanges. Some faster then several days. Heck I can get cash from coinbase credited to my bank account usually in 2. The old codes system closed for legal reasons. I assume the rest of the trading bot died for the same reason.

Just thinking outloud. If someone released a bot missing the legally "worrysome" items is there a real concern. I would guess not.

In the long run yeah I suppose the inter exchange arbitrage is dead. At least in the initial plan. The sub bots for different exchanges sounded great. The streaming ticker and BTCe both sounded way better then ATP. Mostly I was hoping to use a bot that lost .33% after fees at MTGoxs .6% fees each way. I made the assumption that if I traded the same logic at even 50% of the swing using BTCe I would make money. I really didn't want to setup a specific computer with Linux to run python or install chrome to run another. I already have java so I had hoped to go that way.

[Ianwhitbread]

I have gone semi auto

As I never can sit by the computer

I have bitcoin trader app at the moment

Look at it once a day then decide what to do for the next day
And I have an app on the iPhone for the emergency trades

Used to use aidoAtp. Until Mtgox kept changing the API

Would love to get at an atp going again

I'm in the uk.

Did try to get my funds out of Mtgox ( 1 month ago)

Still waiting

And now sulking after such a foolish move

Just stuck in limbo.....

Hope that made the rest of you feel lucky today

Take care

[Askit2]

I have gone semi auto

As I never can sit by the computer

I have bitcoin trader app at the moment

Look at it once a day then decide what to do for the next day
And I have an app on the iPhone for the emergency trades

Used to use aidoAtp. Until Mtgox kept changing the API

Would love to get at an atp going again

I'm in the uk.

Did try to get my funds out of Mtgox ( 1 month ago)

Still waiting

And now sulking after such a foolish move

Just stuck in limbo.....

Hope that made the rest of you feel lucky today

Take care

I am not being sarcastic but that is really very sad. May their return to you be swift.

More out of a personal worry about my little stash on there did you try moving your money out as bitcoins? I would hope I can at least pop out some bitcoins if I ever get trading somewhere else.

The worst part is when I was trading limit orders by hand on BTCe I doubled my money in about 2 months. I only got an account on MTGoX to try using this bot after the big price crash. I figured it wouldn't go shooting off so fast again.

[Ianwhitbread]

I know askit2, Thank you

I was trying to move GBP

NEVER AGAIN

May move over to Bitstamp or coinfloor

Once my trading apps works with the API