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Author Topic: Best bot for trading  (Read 2375 times)
coin_toss
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January 12, 2012, 12:30:09 PM
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What is the best bot to use for trading on the major exchanges? Ideally I would like one that isn't too confusing to set up, and will not steal my coins. Any suggestions?
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January 12, 2012, 12:31:21 PM
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What is the best bot to use for trading on the major exchanges? Ideally I would like one that isn't too confusing to set up, and will not steal my coins. Any suggestions?

http://bitscalper.com/

While no idea is perfect, some ideas are useful.
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January 12, 2012, 07:18:53 PM
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What is the best bot to use for trading on the major exchanges? Ideally I would like one that isn't too confusing to set up, and will not steal my coins. Any suggestions?

https://bitcointalk.org/index.php?topic=32484.0

Introducing constraints to the economy only serves to limit what can be economical.
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January 12, 2012, 08:09:19 PM
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The best one, which right now is still hypothetical, will use the MtGox API, and not your login data. You can configure the API to be only authorized to trade and not withdraw. So the bot couldnt steal money (directly). Payment for this? Transfer a part of the earnings manually to the bot's adress, or get your bot-activity suspended if you fail to do this in time. Still hypothetical, and until such a bot goes public, no bot will see any larger sum from me.

Ente
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January 15, 2012, 12:28:36 AM
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The best one, which right now is still hypothetical, will use the MtGox API, and not your login data. You can configure the API to be only authorized to trade and not withdraw. So the bot couldnt steal money (directly). Payment for this? Transfer a part of the earnings manually to the bot's adress, or get your bot-activity suspended if you fail to do this in time. Still hypothetical, and until such a bot goes public, no bot will see any larger sum from me.

Ente

I like the sound of that hypothetical bot. Thanks guys. I will give bitscalper and aricie a test run
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May 11, 2013, 05:40:47 PM
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If anyone is in need of a professionally built, continuously upgraded, free support included bot, please see here:

https://bitcointalk.org/index.php?topic=197175.0

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May 12, 2013, 08:01:45 AM
 #7

The best one, which right now is still hypothetical, will use the MtGox API, and not your login data. You can configure the API to be only authorized to trade and not withdraw. So the bot couldnt steal money (directly). Payment for this? Transfer a part of the earnings manually to the bot's adress, or get your bot-activity suspended if you fail to do this in time. Still hypothetical, and until such a bot goes public, no bot will see any larger sum from me.

Ente

They could still wash out a large chuck of their users if they have access to everyone's orders, so order handling needs to be done client side with verifiable code to make sure positions and api credentials aren't sent to the server.

While no idea is perfect, some ideas are useful.
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May 13, 2013, 10:42:21 AM
 #8

I'd be really excited to see a good working bot.
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