Arbitrage Bot Cryptsy Poloniex Bittrex

[goto2013]

hey guys

what do you think is the price for a arbitrage bot, written in python3 for cryptsy, poloniex and bittrex with auto withdrawal and monitoring "bash"?

greetz

[Serpens66]

hey guys

what do you think is the price for a arbitrage bot, written in python3 for cryptsy, poloniex and bittrex with auto withdrawal and monitoring "bash"?

greetz

such a bot already exist in the german section and it costs about 150€
https://bitcointalk.org/index.php?topic=911201.0;topicseen

[noel57]

To me 150€ is quite expensive but if you are able to sell yours for around $20 for vouch and $50 thereafter I think you will make some sales.

[Amph]

To me 150€ is quite expensive but if you are able to sell yours for around $20 for vouch and $50 thereafter I think you will make some sales.

well it depend, if the bot is very good, it could earn you up to 3%, which is alot if you move a good amount, 150 is nothing in comparison, not even 0.66 btc

i'm sure you can retrieve this in a few days or weeks at worst

[noel57]

To me 150€ is quite expensive but if you are able to sell yours for around $20 for vouch and $50 thereafter I think you will make some sales.

well it depend, if the bot is very good, it could earn you up to 3%, which is alot if you move a good amount, 150 is nothing in comparison, not even 0.66 btc

i'm sure you can retrieve this in a few days or weeks at worst

You are correct but most of this bot can not give you such returns daily but rather reduce your portfolio due to fail or bad trades.

[Amph]

To me 150€ is quite expensive but if you are able to sell yours for around $20 for vouch and $50 thereafter I think you will make some sales.

well it depend, if the bot is very good, it could earn you up to 3%, which is alot if you move a good amount, 150 is nothing in comparison, not even 0.66 btc

i'm sure you can retrieve this in a few days or weeks at worst

You are correct but most of this bot can not give you such returns daily but rather reduce your portfolio due to fail or bad trades.

look at this https://www.youtube.com/watch?v=-aNBGt0dNRg it seems a very good bot, with average of 1% return, even if trade something like 1 btc only per day, it is 0.01 of profit, and this with one trade only

[Bitcoin Explorer]

To me 150€ is quite expensive but if you are able to sell yours for around $20 for vouch and $50 thereafter I think you will make some sales.

well it depend, if the bot is very good, it could earn you up to 3%, which is alot if you move a good amount, 150 is nothing in comparison, not even 0.66 btc

i'm sure you can retrieve this in a few days or weeks at worst

You are correct but most of this bot can not give you such returns daily but rather reduce your portfolio due to fail or bad trades.

look at this https://www.youtube.com/watch?v=-aNBGt0dNRg it seems a very good bot, with average of 1% return, even if trade something like 1 btc only per day, it is 0.01 of profit, and this with one trade only

That's great but it's never too easy, there are many things to consider such as time for confirmation and stuff. I was shape-shifting 0.1 BTC to LTC the other day and the transaction hasn't confirmed yet, if this happens, it's not really feasible while executing arbitrage

[Amph]

To me 150€ is quite expensive but if you are able to sell yours for around $20 for vouch and $50 thereafter I think you will make some sales.

well it depend, if the bot is very good, it could earn you up to 3%, which is alot if you move a good amount, 150 is nothing in comparison, not even 0.66 btc

i'm sure you can retrieve this in a few days or weeks at worst

You are correct but most of this bot can not give you such returns daily but rather reduce your portfolio due to fail or bad trades.

look at this https://www.youtube.com/watch?v=-aNBGt0dNRg it seems a very good bot, with average of 1% return, even if trade something like 1 btc only per day, it is 0.01 of profit, and this with one trade only

That's great but it's never too easy, there are many things to consider such as time for confirmation and stuff. I was shape-shifting 0.1 BTC to LTC the other day and the transaction hasn't confirmed yet, if this happens, it's not really feasible while executing arbitrage

that's because of the stress test or attack they are doing, but you can increase the fee to 100k satoshi to speed it up, i'm sure it will be confirmed in the default time

[goto2013]

hey

i can give you some details

i'm working with threads, so the bot needs arround 0.25 - 1 sek to check the orders from all 3 exchanges

same with the trade itself, buying and selling at the same time

normally it tooks arround 1-2 sek from checking orders until the trade is completed

balance will checked at the start and after each trade, if a exchange has to less coins, the others will automatic withdrawal the coins.

when i tested the bot i have at some time 10-20 trades in 5 min, sometimes only 2 trades in 3 days^^

[Amph]

hey

i can give you some details

i'm working with threads, so the bot needs arround 0.25 - 1 sek to check the orders from all 3 exchanges

same with the trade itself, buying and selling at the same time

normally it tooks arround 1-2 sek from checking orders until the trade is completed

balance will checked at the start and after each trade, if a exchange has to less coins, the others will automatic withdrawal the coins.

when i tested the bot i have at some time 10-20 trades in 5 min, sometimes only 2 trades in 3 days^^

are you talking about the bot that i posted, from the video?

0.25 is the price of your bot? on much you can earn on average exactly?

[goto2013]

hey

i can give you some details

i'm working with threads, so the bot needs arround 0.25 - 1 sek to check the orders from all 3 exchanges

same with the trade itself, buying and selling at the same time

normally it tooks arround 1-2 sek from checking orders until the trade is completed

balance will checked at the start and after each trade, if a exchange has to less coins, the others will automatic withdrawal the coins.

when i tested the bot i have at some time 10-20 trades in 5 min, sometimes only 2 trades in 3 days^^

are you talking about the bot that i posted, from the video?

0.25 is the price of your bot? on much you can earn on average exactly?

no, i'm talking about my bot...

i didn't say any price...

[Bitcoin Explorer]

To me 150€ is quite expensive but if you are able to sell yours for around $20 for vouch and $50 thereafter I think you will make some sales.

well it depend, if the bot is very good, it could earn you up to 3%, which is alot if you move a good amount, 150 is nothing in comparison, not even 0.66 btc

i'm sure you can retrieve this in a few days or weeks at worst

You are correct but most of this bot can not give you such returns daily but rather reduce your portfolio due to fail or bad trades.

look at this https://www.youtube.com/watch?v=-aNBGt0dNRg it seems a very good bot, with average of 1% return, even if trade something like 1 btc only per day, it is 0.01 of profit, and this with one trade only

That's great but it's never too easy, there are many things to consider such as time for confirmation and stuff. I was shape-shifting 0.1 BTC to LTC the other day and the transaction hasn't confirmed yet, if this happens, it's not really feasible while executing arbitrage

that's because othe the stress test or attack they are doing, but you can increase the fee to 100k satoshi to speed it up, i'm sure it will be confirmed in the default time

Yes,  that might solve  the confirmation problem but it will al system be a minor issue.

[CryptoTrout]

Well the Quatloo trader bot already does 3 way arb for those exchanges.   You just need to buy 20,000 QTL which is about $125 right now, so I doubt you will have success charging more than that.