The 0.11 BTC bot

[jl2012]

These 0.11 BTC trades are very common. Who is doing these 0.11 BTC trades, and why 0.11?


12:46:32   23.13500   0.1100
12:46:32   23.13500   0.1100
12:46:32   23.13500   0.1100
12:46:32   23.13500   0.1100
12:46:31   23.13500   0.1100
12:46:31   23.13500   0.1100
12:46:31   23.13500   0.1100
12:46:31   23.13500   0.1100
12:46:30   23.13500   0.1100
12:46:30   23.13500   0.1100
12:46:30   23.13500   0.1100
12:46:29   23.13500   0.1100
12:46:29   23.13500   0.1100
12:46:29   23.13500   0.1100
12:46:28   23.13500   0.1100
12:46:28   23.13500   0.1100
12:46:28   23.13500   0.1100
12:46:28   23.13500   0.1100
12:46:27   23.13500   0.1100
12:46:27   23.13500   0.1100
12:46:26   23.13500   43.2378
12:46:26   23.14749   0.0100
12:46:26   23.15000   0.0500
12:46:25   23.15099   0.1100

[molecular]

yeah, why not 0.1337?

[klaus]

yeah please make it 0.1337 so that we can see communication with you.

[Third Way]

Selling .11 or buying?

[jl2012]

Selling .11 or buying?

Usually selling. I think there is someone placing many 0.11BTC bid orders at the same price.

[zoinky]

New bots testing the waters.

[Ichthyo]

Selling .11 or buying?

Usually selling. I think there is someone placing many 0.11BTC bid orders at the same price.

also this bot / or one of these bots / is quite eager to keep the visible rate at the Bid side.
Whenever someone has bought, it just places another 0.11 sell just some seconds before the full minute, so effectively the bars e.g. in clarkmoody stay down, until someone actually places a higher bid.

[Spaceman_Spiff]

I am actually somewhat intrigued to build a bot of my own, but I have to admit my programming knowledge is extremely limited (I have dabbled a bit with java and C++, but I never really got much further than the "hello world" examples because I didn't realy have a project or a use for it).
Does anybody here have any experience in making a bot?  Is it very complicated to create one, or are there "templates" or examples to start from?  A nudge in the right direction would be appreciated (or a warning if it is very foolish to engage in this for an inexperienced user).

[notme]

I am actually somewhat intrigued to build a bot of my own, but I have to admit my programming knowledge is extremely limited (I have dabbled a bit with java and C++, but I never really got much further than the "hello world" examples because I didn't realy have a project or a use for it).
Does anybody here have any experience in making a bot?  Is it very complicated to create one, or are there "templates" or examples to start from?  A nudge in the right direction would be appreciated (or a warning if it is very foolish to engage in this for an inexperienced user).

https://github.com/chrisacheson/liquidbot

[Spaceman_Spiff]

I am actually somewhat intrigued to build a bot of my own, but I have to admit my programming knowledge is extremely limited (I have dabbled a bit with java and C++, but I never really got much further than the "hello world" examples because I didn't realy have a project or a use for it).
Does anybody here have any experience in making a bot?  Is it very complicated to create one, or are there "templates" or examples to start from?  A nudge in the right direction would be appreciated (or a warning if it is very foolish to engage in this for an inexperienced user).

https://github.com/chrisacheson/liquidbot

Tx, I'll look into it.

[molecular]

I am actually somewhat intrigued to build a bot of my own, but I have to admit my programming knowledge is extremely limited (I have dabbled a bit with java and C++, but I never really got much further than the "hello world" examples because I didn't realy have a project or a use for it).
Does anybody here have any experience in making a bot?  Is it very complicated to create one, or are there "templates" or examples to start from?  A nudge in the right direction would be appreciated (or a warning if it is very foolish to engage in this for an inexperienced user).

I suggest you be not afraid and dive in. Coding is fun. However I also suggest you don't give your bot access to too much money.

It's probably a good idea to build a kind of simulation sandbox first (simulated mtgox server running historic trades), so you can test your bot in a sandbox.

[Spaceman_Spiff]

I am actually somewhat intrigued to build a bot of my own, but I have to admit my programming knowledge is extremely limited (I have dabbled a bit with java and C++, but I never really got much further than the "hello world" examples because I didn't realy have a project or a use for it).
Does anybody here have any experience in making a bot?  Is it very complicated to create one, or are there "templates" or examples to start from?  A nudge in the right direction would be appreciated (or a warning if it is very foolish to engage in this for an inexperienced user).

I suggest you be not afraid and dive in. Coding is fun. However I also suggest you don't give your bot access to too much money.

It's probably a good idea to build a kind of simulation sandbox first (simulated mtgox server running historic trades), so you can test your bot in a sandbox.

Yes, I was thinking about removing most of my funds from the exchange on beforehand.   Simulation sandbox seems like a wise idea, although I currently have no idea how to start with it.  I guess I'll get a clearer picture when I learn a bit more about it.

[yogi]

I am actually somewhat intrigued to build a bot of my own, but I have to admit my programming knowledge is extremely limited (I have dabbled a bit with java and C++, but I never really got much further than the "hello world" examples because I didn't realy have a project or a use for it).
Does anybody here have any experience in making a bot?  Is it very complicated to create one, or are there "templates" or examples to start from?  A nudge in the right direction would be appreciated (or a warning if it is very foolish to engage in this for an inexperienced user).

I suggest you be not afraid and dive in. Coding is fun. However I also suggest you don't give your bot access to too much money.

It's probably a good idea to build a kind of simulation sandbox first (simulated mtgox server running historic trades), so you can test your bot in a sandbox.

Yes, I was thinking about removing most of my funds from the exchange on beforehand.   Simulation sandbox seems like a wise idea, although I currently have no idea how to start with it.  I guess I'll get a clearer picture when I learn a bit more about it.

Why not just create a gox bot account and only credit it with a bitcent or something?

A sandbox is going to be more complex than you might think. To get an accurate simulation of gox you will also need to simulate the gox api lag during high trade volumes.

[molecular]

I am actually somewhat intrigued to build a bot of my own, but I have to admit my programming knowledge is extremely limited (I have dabbled a bit with java and C++, but I never really got much further than the "hello world" examples because I didn't realy have a project or a use for it).
Does anybody here have any experience in making a bot?  Is it very complicated to create one, or are there "templates" or examples to start from?  A nudge in the right direction would be appreciated (or a warning if it is very foolish to engage in this for an inexperienced user).

I suggest you be not afraid and dive in. Coding is fun. However I also suggest you don't give your bot access to too much money.

It's probably a good idea to build a kind of simulation sandbox first (simulated mtgox server running historic trades), so you can test your bot in a sandbox.

Yes, I was thinking about removing most of my funds from the exchange on beforehand.   Simulation sandbox seems like a wise idea, although I currently have no idea how to start with it.  I guess I'll get a clearer picture when I learn a bit more about it.

You could start by downloading all the mtgox trades and put them into a database (postgres maybe). Alternatively just read them from csv file directly. Then write a little server, for example in node.js that offers a subset of mtgox-like api (the stuff your bot needs) and runs down the trades in fast-forward. There are tons of example code on how to make a http server in node or how to select data from a database table. Next add functionality for placing / deleting orders. Have the server fill them when the price from the trades data crosses and so on.

[molecular]

I am actually somewhat intrigued to build a bot of my own, but I have to admit my programming knowledge is extremely limited (I have dabbled a bit with java and C++, but I never really got much further than the "hello world" examples because I didn't realy have a project or a use for it).
Does anybody here have any experience in making a bot?  Is it very complicated to create one, or are there "templates" or examples to start from?  A nudge in the right direction would be appreciated (or a warning if it is very foolish to engage in this for an inexperienced user).

I suggest you be not afraid and dive in. Coding is fun. However I also suggest you don't give your bot access to too much money.

It's probably a good idea to build a kind of simulation sandbox first (simulated mtgox server running historic trades), so you can test your bot in a sandbox.

Yes, I was thinking about removing most of my funds from the exchange on beforehand.   Simulation sandbox seems like a wise idea, although I currently have no idea how to start with it.  I guess I'll get a clearer picture when I learn a bit more about it.

Why not just create a gox bot account and only credit it with a bitcent or something?

A sandbox is going to be more complex than you might think. To get an accurate simulation of gox you will also need to simulate the gox api lag during high trade volumes.

You don't necessarily need an accurate simulation. You just need to simulate the stuff you want to test your bot for. Of course the lag is something you will probably want your bot to adapt to in some way so it'd probably make sense to simulate that, yes.

[Spaceman_Spiff]

There are tons of example code on how to make a http server in node or how to select data from a database table.

Do you happen to have a link at hand?  As an experienced user, you would probably save me a boatload of time in navigating to the relevant stuff.

[molecular]

There are tons of example code on how to make a http server in node or how to select data from a database table.

Do you happen to have a link at hand?  As an experienced user, you would probably save me a boatload of time in navigating to the relevant stuff.

http://stackoverflow.com/questions/6084360/node-js-as-a-simple-web-server

[Spaceman_Spiff]

There are tons of example code on how to make a http server in node or how to select data from a database table.

Do you happen to have a link at hand?  As an experienced user, you would probably save me a boatload of time in navigating to the relevant stuff.

http://stackoverflow.com/questions/6084360/node-js-as-a-simple-web-server

Thanks !

[evolve]

I used these guys' trading bots for a while, and had good luck with them; I dont know if they are still offering the service to new people, though...I think the project is on hold, though my bot still works.

https://dnnbitcoin.aricie.com/default.aspx

[molecular]

yeah please make it 0.1337 so that we can see communication with you.

and we have a 0.1337 bot now

[Herodes]

yeah please make it 0.1337 so that we can see communication with you.

and we have a 0.1337 bot now

Noticed it too. Haha - great man. The 1337 b00t!

[byronbb]

0.1337 bot buys high and sells low?!?  




edit

He redeemed himself as I posted this.

[Beta-coiner1]

^That is awesome.

[molecular]

3.1337

the e-lite bot?

[Herodes]

3.1337

the e-lite bot?

Now. I'm just waiting for the 0.666 boot.