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Author Topic: Selling bitcoin trading bots  (Read 4098 times)
itake (OP)
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July 11, 2011, 04:39:55 PM
Last edit: July 12, 2011, 02:03:24 AM by itake
 #1

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
 #2

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
 #3

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!

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Stephen Gornick
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July 11, 2011, 07:10:15 PM
 #5

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

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itake (OP)
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July 11, 2011, 07:23:28 PM
Last edit: July 11, 2011, 07:39:34 PM by itake
 #6


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
 #7


The first two are barely implemented, and for the third the owner wants commission for some reason.
itake (OP)
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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.
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July 11, 2011, 08:27:58 PM
 #9

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
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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.
itake (OP)
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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
 #12

It depends how much further profit is worth in comparison to the interest in seeing other people's opinion etc.
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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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."
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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..
opticbit
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July 12, 2011, 09:35:58 PM
 #18

cant wait for a decent trading bot.

Bitrated user: opticbit.
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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
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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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