Cluster2k
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Activity: 1692
Merit: 1018
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December 22, 2011, 12:55:14 PM |
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The great thing about high frequency bitcoin trading is that MtGox offers an ideal playground for ideas to be tried and trading strategies tested. See how the market reacts without losing significant amount of money in a market where there are very few rules and no enforcement. It's great, for the person playing with their micro trading bit.
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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byronbb
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Activity: 1414
Merit: 1000
HODL OR DIE
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December 22, 2011, 04:54:24 PM |
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runlinux
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December 22, 2011, 06:20:43 PM |
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heh, I have to laugh at that.
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proudhon
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Activity: 2198
Merit: 1311
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December 23, 2011, 09:04:37 PM |
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I still don't understand the point of the 0.01BTC trade spamming. Somebody help me out. Why would I want to do this?
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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RyNinDaCleM
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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December 23, 2011, 09:11:43 PM |
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I still don't understand the point of the 0.01BTC trade spamming. Somebody help me out. Why would I want to do this?
I don't really care if someone wants to waste money doing this. But I it drives me crazy because it really bogs down my browser, and especially goxlive. It also seems to take 2 minutes+ to get an order to change from "in queue" to "active", and that can make a huge difference on large movements.
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notme
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Activity: 1904
Merit: 1002
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December 24, 2011, 01:43:11 PM |
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I still don't understand the point of the 0.01BTC trade spamming. Somebody help me out. Why would I want to do this?
I don't really care if someone wants to waste money doing this. But I it drives me crazy because it really bogs down my browser, and especially goxlive. It also seems to take 2 minutes+ to get an order to change from "in queue" to "active", and that can make a huge difference on large movements. Mtgoxlive is crap. 1 trade every second should be cake, let alone the 1 trade per 5 seconds we were seein when the bot was most active. I have not noticed such long delays with orders, but then again I usually have my orders in place before large movements. What price would it have to jump/fall to for you to trade? Put an order in for that price and adjust further from the price if the price moves too close without spiking.
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RyNinDaCleM
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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December 24, 2011, 04:10:32 PM |
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Mtgoxlive is crap. 1 trade every second should be cake, let alone the 1 trade per 5 seconds we were seein when the bot was most active. I have not noticed such long delays with orders, but then again I usually have my orders in place before large movements. What price would it have to jump/fall to for you to trade? Put an order in for that price and adjust further from the price if the price moves too close without spiking.
I DO *usually* have my orders in, sometimes for days ahead of time. But, occasionally, there's still that time when you want to get that quick buy/sell in. Agreed too that goxlive can suck, but it is a helpful visual representation of the current market conditions, and much easier to just glance across then the sea of orders in the book.
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notme
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Activity: 1904
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December 24, 2011, 04:41:09 PM |
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It sucks, but it's what we have so far. I use it every time I'm adjusting my positions, I just know it could be improved upon. I'd write something myself, but I am busy working on a startup that will accept bitcoin as one of the payment methods. Developing the merchant side of the bitcoin economy is the most fruitful endeavor right now IMHO.
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RyNinDaCleM
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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December 24, 2011, 04:56:37 PM |
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It sucks, but it's what we have so far. I use it every time I'm adjusting my positions, I just know it could be improved upon. I'd write something myself, but I am busy working on a startup that will accept bitcoin as one of the payment methods. Developing the merchant side of the bitcoin economy is the most fruitful endeavor right now IMHO.
Well, good luck with that! I hope to see something come from it. We ALL need it!
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notme
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December 24, 2011, 05:08:48 PM |
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It will be a few months yet before you hear anything about it, but when we're ready, you'll be able to spend bitcoins to do something that millions of dollars are spent on every week in the US. Of course, our site will be translation ready and we will have an affiliate program to help us grow outside this country.
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runeks
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Activity: 980
Merit: 1008
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December 26, 2011, 01:34:36 PM |
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I still don't understand the point of the 0.01BTC trade spamming. Somebody help me out. Why would I want to do this?
its costing my dumb bot a lot of money, lol.
I guess that settles the argument concerning motives .
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