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Author Topic: Selling bitcoin trading bots  (Read 3536 times)
itake
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July 11, 2011, 04:39:55 PM
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I am thinking about writing and publicly posting a trading bot (with source code), just to help new traders get started with writing their own scripts and accept donations of course Smiley.  Is there a particular language people would prefer I write it in?  I currently have some form of it in C# and Python.  But I could port it to Java, C++, or something else?

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angelo95
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July 11, 2011, 04:49:26 PM
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I think the best would be python. Same for me I will never sell my bot  Wink
imperi
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July 11, 2011, 04:50:59 PM
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Someone should make an open source trading bot. Maybe I should do this.
infested999
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July 11, 2011, 06:56:15 PM
 #4

Someone should make an open source trading bot. Maybe I should do this.

After we have thousands of these running the charts on bitcoincharts.com will look just like the Wall Street charts! Goings up and down every few seconds!

Stephen Gornick
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July 11, 2011, 07:10:15 PM
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Related:
 - http://forum.bitcoin.org/index.php?topic=10065.0
 - http://forum.bitcoin.org/index.php?topic=4482.0
 - http://forum.bitcoin.org/index.php?topic=11266.0

itake
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July 11, 2011, 07:23:28 PM
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thanks for the related topics.  Since python is already available and I am not that well versed with it, I will see what I can do to help out potential .Net traders with C#.
imperi
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July 11, 2011, 07:23:57 PM
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The first two are barely implemented, and for the third the owner wants commission for some reason.
itake
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July 11, 2011, 07:40:35 PM
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The third one it sounds like he will be running the algo on his computer and you have to give him your money... That sounds like a terrible idea.  You might as well just kiss it goodbye xD.
im3w1l
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July 11, 2011, 08:27:58 PM
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Someone should make an open source trading bot. Maybe I should do this.

After we have thousands of these running the charts on bitcoincharts.com will look just like the Wall Street charts! Goings up and down every few seconds!
>implying that the volatility on wall street is higher than on mtgox
MatthewLM
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July 11, 2011, 09:56:51 PM
 #10

If I made a lot of money on a bot, eventually I'd release it once I feel I made enough from it.

I'm rewriting my bot in C from python. It's 150 lines so far and I've only implemented a tiny part of the python script in C. It takes about 10 times more code but I like C.

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itake
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July 11, 2011, 10:07:11 PM
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If I made a lot of money on a bot, eventually I'd release it once I feel I made enough from it.

I'm rewriting my bot in C from python. It's 150 lines so far and I've only implemented a tiny part of the python script in C. It takes about 10 times more code but I like C.

Why bother releasing it? you are just hurting your profits by doing that...
MatthewLM
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July 11, 2011, 10:13:15 PM
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It depends how much further profit is worth in comparison to the interest in seeing other people's opinion etc.

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berlinguyinca
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July 11, 2011, 10:44:06 PM
 #13

I'm actually working on a groovy trading bot, which will be opensource too Smiley
MatthewLM
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July 11, 2011, 11:14:10 PM
 #14

Well if someone makes an open source trading bot, I'll certainly be peaking.

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aandreas
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July 11, 2011, 11:15:34 PM
 #15

in need 2
Ellen Alemany
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July 12, 2011, 03:01:31 AM
 #16

"If I made a lot of money on a bot, eventually I'd release it once I feel I made enough from it."
That reasoning is wrong and dangerous, based on that statement I assume (but hope to be wrong) that you will not produce a winning robot.

Also, to produce a robot that buy an sell through an API is not the same at all as creating a profitable strategy. Cf. building a taxi vs. driving it. (And on that analogy: I don't think anyone expects to get the taxi for free...)

"There must be more to life than having everything."
Superform
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July 12, 2011, 06:02:32 AM
 #17

please dont use these bots if your looking at this thread.. the way they work is having a whole bunch of noobs using the bot in its standard form while the bot maker is cashing in by using a bot that exploits the trading method of the released bot..

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July 12, 2011, 09:35:58 PM
 #18

cant wait for a decent trading bot.

Set up the same thing..
http://bit.ly/btcrefs
Get more bitcoins.
angelo95
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July 12, 2011, 10:01:59 PM
 #19

I can't wait to let my bot fight with all these open sources ones (demoniac laugh)  Cheesy
luv2drnkbr
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July 15, 2011, 12:55:52 PM
 #20

I'm torn between offering to buy a bot, or writing one in the only language I know.... Autohotkey

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