Trade simulator 2.0 [Fully automated paper trade competition]

[RyNinDaCleM]

We are live!

Introducing http://www.bit-sim.trade/.

To play:
start in whatever currency you'd like to start in. (Hint: if you think it's going down before up, start in USD!) Your first trade will be the buy after that. This is an all in/all out game, there is no tapering in/out. Account value is king, and PL for tiebreakers.  Try to work your way to the top!



Bug report:
A bug when repeatedly hitting the trade button will cause you to end up with 0 BTC, 0 USD and a -100% PL.      ETA for a fix, 11-9-2016 FIXED!

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[RyNinDaCleM]

This post will be updated as necessary and will include any change logs and bug fixes.
Global features include:

• Fully automated trading. Just the click of a button and in seconds, the scoreboard reflects your new position
• Almost real-time price and scoreboard updating (limited only by the rate that Coindesk updates their BPI [~1 minute]
• Trade preview. Mouse over the trade button and you get an output of what your new balance would be if you execute right now
• 8 hour rule is out... With a small fee on each trade, there is no need for someone to be stuck in a position for picking a bad trade from time to time.

Change log and new features for 5-10-2016

• Current price in the browser tab
• Limit trading with lower "maker" fee schedule
• The server gets the price once, and individual users get the price from our server resulting in a 99% reduction in Coindesk API hits and greater reliability for participants

User specific features include:

• You choose to start with $100 or $100 worth of BTC at registration so no more waiting for your desired position after being added
• individual stats on the right sidebar. Balances, PL and last trade price (for those who forget between trades)
• Once logged in, your row in the scoreboard is highlighted in yellow to be easier to find

Change log and new features for 5-10-2016

• Users have far less restriction in using special chars for passwords for added security

How to play:
Visit http://:bit-sim.trade
Register easily with no email. Log in and start trading immediately.

[criptix]

Some pictures or text of what you can expect?
Or link to v1.0?

[RyNinDaCleM]

Some pictures or text of what you can expect?
Or link to v1.0?

Old game https://bitcointalk.org/index.php?topic=890086.0

New game is fully automated
This post is what it looks like but a couple of added UI features https://bitcointalk.org/index.php?topic=890086.msg15721253#msg15721253

[Chainsaw]

Looking forward to it.

[Tzupy]

My advice is to make sure the site isn't hackable, since it will surely attract that kind of attention.
I would like to play, but if I'll get too much unwanted attention again (like PMs with dubious links) I would have to quit.

[RyNinDaCleM]

My advice is to make sure the site isn't hackable, since it will surely attract that kind of attention.
I would like to play, but if I'll get too much unwanted attention again (like PMs with dubious links) I would have to quit.

It should be secure... There is nothing accessible from the browser and sql injection is covered. With no actual money or monetary gain, why would someone waste time hacking it? they won't get emails since email isn't used. Not sure why anyone would hack it

edit, who/what were you getting?

[oda.krell]

Very cool project, RyNinDaCleM.

I'll definitely take a look when it launches.

[RyNinDaCleM]

Have fun!   

[Afrikoin]

Have fun!   

Thanks!

SIgned up and bought be some BTC

Question, how can non bitcointalk forum members participate?

Is the source code for your tool open source?

[RyNinDaCleM]

[img]

Have fun!  

Thanks!

SIgned up and bought be some BTC

Question, how can non bitcointalk forum members participate?

Is the source code for your tool open source?

Anyone can play. I did not write anything to check against the forum usernames, so whatever... I put the placeholder as  "bitcointalk username" because it was a game here. Maybe I'll remove that part It is not open sourced at this time. I would like it to get more established and add some more features and gameplay options before someone can make a better version using my code

[RyNinDaCleM]

Ok, A bug has been found!
Don't hammer the trade button or you will end up with -100% PL and zero funds. I will have this fixed soon

[umhhppp]

I wanted to get into trading so a simulator is the best thing to do this with so you don't lose any of your bits playing the market.

[RyNinDaCleM]

I wanted to get into trading so a simulator is the best thing to do this with so you don't lose any of your bits playing the market.

You are the perfect candidate for this!

[RyNinDaCleM]

I've got a surprise for the players rolling out in the next week or so. Stay tuned!

Lets get some more players in here too. Makes it more interesting even if you're a hodler

[Chainsaw]

If the trading fee were 1/10th what it is now, we would be able to trade much smaller price movements. Plus, any nonzero fee will still lose out to random chance in the long run.

At  0.1% and $610 spot, we need to overcome a $0.61 price movement or spread to break even.
At 0.01% and $610 spot, we need to overcome a $0.06 price movement or spread to break even.

There have been a few scalp opportunities I wanted to play over the past few days, but the commission represented something like 25% of the potential profit so I passed.
The change would increase activity, but decrease realism / change it to be more like the chinese exchanges.
Anyhow, my two cents.

[RyNinDaCleM]

If the trading fee were 1/10th what it is now, we would be able to trade much smaller price movements. Plus, any nonzero fee will still lose out to random chance in the long run.

At  0.1% and $610 spot, we need to overcome a $0.61 price movement or spread to break even.
At 0.01% and $610 spot, we need to overcome a $0.06 price movement or spread to break even.

There have been a few scalp opportunities I wanted to play over the past few days, but the commission represented something like 25% of the potential profit so I passed.
The change would increase activity, but decrease realism / change it to be more like the chinese exchanges.
Anyhow, my two cents.

This I like...
I asked a while back what people thought would be a reasonable fee or spread to use as a way to keep the flipflopping to a minimum and I barely got any input. I think I originally had .1% or maybe even less, but .2% was decided on. Not only because it was the only other amount mentioned but also because it is about the average rate across normal exchanges.

I completely understand the lack in activity during such a flat boring time, which happens to be the perfect time to get in and choose sides, but I get it.

[RyNinDaCleM]

He who has no name, that will be patched  in the next 24hrs and your current user will be removed, so don't trade with that account and might as well start a new one with a name. 

[itod]

Registered!

Let the games begin...

[RyNinDaCleM]

Limit orders are here!
Simply set the price you want to execute a limit order at, and click the "Buy" or "Sell" button next to the price field. Still an all in, all out trade system, but now it can work for you when you can't watch the charts.
Limit orders has a lower "maker" type fee schedule. In the bottom, there is a new table which shows your open orders (Only your own, limit orders are not public like main stats) and has the cancel button when you change your mind.

Next order of business is to get mobile friendly and start refining the UI. As the scoreboard gets larger, that orders table will eventually be a long way down the page so a little optimization is going to become necessary.

If you like the game and want to help support it's development and the costs of continued operation, donations are greatly appreciated
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Also, if you have other ideas on features you'd like to see added in the future, don't hesitate to say it.