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Author Topic: Place LIMIT orders on Coinbase - online app  (Read 6131 times)
geri (OP)
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December 28, 2013, 11:47:43 PM
Last edit: January 11, 2014, 09:17:58 PM by geri
 #1

After registering on Coinbase I was surprised there is no way to place my order at $600 and wait for the price to drop to meet the order.

/// 4th January:
Released: http://coinbaseorders.com/
Github: https://github.com/tomholub/coinbaseorders

The system checks the price on Coinbase every second and will buy or sell if the price is right based on your orders.

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ORabbit
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December 29, 2013, 03:54:58 AM
 #2

Cool!  This would make Coinbase a lot more useful.
geri (OP)
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January 05, 2014, 01:18:11 AM
 #3

Cool!  This would make Coinbase a lot more useful.

It's now on http://coinbaseorders.com/ . A few folks started using it which is great. I'll happily accept any feedback or help :-)

Also GitHub: https://github.com/tomholub/coinbaseorders
geri (OP)
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January 06, 2014, 02:33:41 AM
 #4

Made some updates over the weekend to make it more scalable, now it can handle possibly thousands of orders.

Next thing to do is to make sure it checks the price on Coinbase every second, that would be cool.
geri (OP)
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January 07, 2014, 05:44:38 PM
 #5

This is a good example how it can be useful, the dip that happened last night.

I got two discounted coins. I also had order @ 820, and this one did not get triggered, I suspect it was at that price for just a couple seconds.

In about a week the app should catch these fast swings too.

Mike@Coinswag
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January 08, 2014, 01:48:29 PM
 #6

Geri, thank you for putting the time in to make this. Here are some ideas you might be able to implement in the future. Some might be helpful, others might not.

- I see you added it to the list, but for me mobile/responsive friendly is important (I think there is a simple setting in twitter bootstrap to do this.)
- Would adding the updated price that Coinbaseorders has last retreived displayed in the navigation be helpful?
- Add the option to trigger an order based on percentages in a time frame. Say the market drops 10% in 5 minutes triggers a buy.
- Add settings so we can change contact information/password?

I hope this project takes off!
geri (OP)
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January 08, 2014, 03:13:28 PM
Last edit: January 08, 2014, 03:23:31 PM by geri
 #7

Thanks for heads up! I made it responsive for mobile and added the password/profile change thing. I also added the price in header.

% dip/time - why not :-)
Mike@Coinswag
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January 08, 2014, 04:28:30 PM
 #8

Thanks for heads up! I made it responsive for mobile and added the password/profile change thing. I also added the price in header.

% dip/time - why not :-)

That's awesome! I checked it out before seeing your post and was like whoa... he works fast! Awesome!
geri (OP)
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January 08, 2014, 06:09:47 PM
 #9

Yeah one can be pretty flexible without a daytime job :-)

I guess the next thing then would be to update the price each couple seconds

To do the percent dip I would need to keep track of some price history. I'll look at that later
geri (OP)
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January 11, 2014, 09:17:22 PM
 #10

Yeah one can be pretty flexible without a daytime job :-)

I guess the next thing then would be to update the price each couple seconds

To do the percent dip I would need to keep track of some price history. I'll look at that later

Price is currently updated and orders checked about every second.

Is there anyone else who would benefit from orders based on percent per minutes drop?

Or any other thoughts?
Mike@Coinswag
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January 12, 2014, 02:23:16 PM
 #11

Awesome!

Percent dip buys might not be a great addition right now. I am trying to think of some other tools that could help. However, barebones-to-the-point websites are sometimes the best.

I hope this project gets more attention. It can be very useful!

Sent you a tip! Thanks for your work!

geri (OP)
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January 13, 2014, 02:40:31 AM
 #12

Awesome!

Percent dip buys might not be a great addition right now. I am trying to think of some other tools that could help. However, barebones-to-the-point websites are sometimes the best.

I hope this project gets more attention. It can be very useful!

Sent you a tip! Thanks for your work!

Thanks!

Right now we have about 22 users.
battani
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January 15, 2014, 05:25:05 PM
 #13

Right now we have about 22 users.

Just curious, how many of those users have connected their Coinbase account? Great site, although I personally don't use Coinbase to trade because of their high 1% fee.
geri (OP)
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January 15, 2014, 05:33:31 PM
 #14

Right now we have about 22 users.

Just curious, how many of those users have connected their Coinbase account? Great site, although I personally don't use Coinbase to trade because of their high 1% fee.

Right now 13 of 25. If you don't trade them back and forth, but simply buy and hold, the price is not bad.
dudebit
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January 15, 2014, 05:49:12 PM
 #15

Must be some legal/regulatory reason that Coinbase does not offer this....
geri (OP)
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January 15, 2014, 05:52:27 PM
 #16

Must be some legal/regulatory reason that Coinbase does not offer this....

But they do support the Android Coinbase Trader which does it. It's featured in their app list. Maybe they're just trying to keep things minimal.
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January 15, 2014, 08:11:29 PM
 #17

I think they are overwhelmed with the huge increase in their business at the moment, too much so to worry about adding additional features. They seem to be less interested in all the automated trading action and trading in general and more interested in helipng merchants cash out and americans buy btc.

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
geri (OP)
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January 19, 2014, 06:16:59 AM
 #18

I think they are overwhelmed with the huge increase in their business at the moment, too much so to worry about adding additional features. They seem to be less interested in all the automated trading action and trading in general and more interested in helipng merchants cash out and americans buy btc.

Might be. Which leaves space for others to do cool stuff using their API
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January 20, 2014, 10:52:18 AM
 #19

Great website!  I was just about to roll my own after unsuccessful searching Tongue

Any chance you could add trailing limit orders? (and the ability to cancel higher limit orders when a trailing limit order is executed)
geri (OP)
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January 20, 2014, 05:59:39 PM
 #20

Great website!  I was just about to roll my own after unsuccessful searching Tongue

Any chance you could add trailing limit orders? (and the ability to cancel higher limit orders when a trailing limit order is executed)

Sure, if a few folks folks agree it would be useful I'll add it. Alternatively the source is open for anyone to alter and once implemented I'll use that code
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