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Author Topic: Successful Bitcoin bot?  (Read 4755 times)
itake (OP)
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June 28, 2011, 07:31:33 PM
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I am currently working on writing my own bitcoin trading bot.  I just want to know, is it possible?

My latest version can only beat the market by a very narrow percent, assuming perfect market conditions.
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BTCcommodities
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June 28, 2011, 07:34:02 PM
 #2

well, I guess then it's not.
unless you make it.

but then again, probably not.
no telling, really.

let us know!

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June 28, 2011, 07:47:24 PM
 #3

it is possible to make good bot if you understand the market.

im also working a vb.net bot however mtgox API are not working for now Sad
angelo95
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June 28, 2011, 07:50:03 PM
 #4

I have one which is working very well. To code such a robot you need knowledge of three kinds:
- coding obviously (I did mine in PHP, will move it to Python/C++ soon)
- autotrading/hft trading
- algos
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June 28, 2011, 08:37:19 PM
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will try to write my bot on php then api will go online
itake (OP)
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June 28, 2011, 08:59:07 PM
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I have one which is working very well. To code such a robot you need knowledge of three kinds:
- coding obviously (I did mine in PHP, will move it to Python/C++ soon)
- autotrading/hft trading
- algos

You mind giving me some good resources on how to learn this stuff?  Wikipedia hasn't been helping me that much :-(
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June 28, 2011, 09:52:20 PM
 #7

it's all about buying signals and selling signals, but I am sorry I can't share  Wink
itake (OP)
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June 28, 2011, 09:55:03 PM
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it's all about buying signals and selling signals, but I am sorry I can't share  Wink

How much are you able to beat the market by?
angelo95
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June 29, 2011, 12:49:01 AM
 #9

At this time it's pretty tough as the value is almost flat. Before the Mtgox crash it was doing +100% per week.
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June 29, 2011, 01:06:19 AM
 #10

Can I try it out Cheesy

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June 29, 2011, 03:19:04 AM
 #11

Thanks for narrowing the spreads / reducing volatility / predicting the future.

Welcome to arbitrage / trading!
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June 29, 2011, 03:30:29 AM
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It most definitely is. I'm an algorithmic equities trader and there are definitely super easy opportunities in the BTC market right now.
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June 29, 2011, 07:08:36 AM
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johnvm can you give some basic algorithm examples on how this works? I've always been very curious how one is able to predict ups/downs in the stock market (and I guess btc now as well :: )
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June 29, 2011, 09:36:27 AM
 #14

It most definitely is. I'm an algorithmic equities trader and there are definitely super easy opportunities in the BTC market right now.

Yep. That's why I am sad this f*** API doesn't work.
itake (OP)
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June 29, 2011, 03:27:01 PM
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It most definitely is. I'm an algorithmic equities trader and there are definitely super easy opportunities in the BTC market right now.

Yep. That's why I am sad this f*** API doesn't work.

Have you tried to just use the "user-friendly" api to login yet?
angelo95
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June 29, 2011, 03:29:35 PM
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It most definitely is. I'm an algorithmic equities trader and there are definitely super easy opportunities in the BTC market right now.

Yep. That's why I am sad this f*** API doesn't work.

Have you tried to just use the "user-friendly" api to login yet?

Mmmm sorry but I don't get it. What is the "user-friendly" api. Till now I have used the urls as indicated on the mtgox api page...
itake (OP)
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June 29, 2011, 05:44:39 PM
 #17

It most definitely is. I'm an algorithmic equities trader and there are definitely super easy opportunities in the BTC market right now.

Yep. That's why I am sad this f*** API doesn't work.

Have you tried to just use the "user-friendly" api to login yet?

Mmmm sorry but I don't get it. What is the "user-friendly" api. Till now I have used the urls as indicated on the mtgox api page...

I mean, logging in by using the postbacks for when you normally log into the site?

e.g. Login here -> https://mtgox.com/users/login -> https://mtgox.com -> to buy/sell your coins.
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