daybyter
Legendary
Offline
Activity: 965
Merit: 1000
|
|
September 05, 2014, 04:00:08 PM |
|
Well, the buying and selling could be automated without much problem. The deposit and withdrawal is usually the bigger problem. I wrote code to parse the btc-e website for withdrawal, but it won't work anymore, since there is a mail confirmation required now. Might be feasable to automate this too, with some effort.
I write bots in java, maybe we could collaborate somehow.
|
|
|
|
cloverme
Legendary
Offline
Activity: 1512
Merit: 1057
SpacePirate.io
|
|
September 05, 2014, 08:29:43 PM |
|
|
|
|
|
cozytrade
Sr. Member
Offline
Activity: 1162
Merit: 310
Vave.com - Crypto Casino
|
|
September 06, 2014, 11:09:56 AM |
|
Well, the buying and selling could be automated without much problem.
Yes I thought so at first. But as OP says no cash withdrawals are considered, so we can ignore this problem.
|
|
|
|
|
vigsun
Newbie
Offline
Activity: 30
Merit: 0
|
|
September 12, 2014, 10:10:38 AM |
|
This is a funds transfer plan, rather than arbitrage plan! Of course, the arb trading can give you a very very small profit everytime, so for earning decent money that you have to trade a very very large funds.
|
|
|
|
thefalleng2
|
|
October 14, 2014, 12:38:02 AM |
|
But how do you guys plan to move USD back to BTC-e from Lakbetc for buying Bitcoin at lower price and than repeat the process?
|
|
|
|
GreenCoin22
|
|
December 01, 2014, 05:45:46 AM |
|
marked, a program worth considering
|
|
|
|
daybyter
Legendary
Offline
Activity: 965
Merit: 1000
|
|
December 01, 2014, 08:09:31 PM |
|
I think, I can provide the bot if you organize the rest. Let me know, if you are interested in a collab.
|
|
|
|
SanMerryDro
Member
Offline
Activity: 80
Merit: 10
|
|
December 02, 2014, 05:10:23 AM |
|
Do not be attracted by BTC-e price, its price is low because it charged a huge amount of deposit and withdrawals fee!
|
|
|
|
daybyter
Legendary
Offline
Activity: 965
Merit: 1000
|
|
December 02, 2014, 08:03:05 PM |
|
If the bot considers those fees properly, that doesn't really pose a problem. But I have to admit, that calculating the fees is often a problem. Some exchanges give discounts based on traded volume etc., and it's hard for a bot to get good info here. That's why I think every exchange should have an API method, that returns the fee for a potential order.
|
|
|
|
btceuropen
Member
Offline
Activity: 80
Merit: 10
|
|
December 03, 2014, 07:13:30 AM |
|
If the bot considers those fees properly, that doesn't really pose a problem. But I have to admit, that calculating the fees is often a problem. Some exchanges give discounts based on traded volume etc., and it's hard for a bot to get good info here. That's why I think every exchange should have an API method, that returns the fee for a potential order.
do you think there is still a arb profit now?
|
|
|
|
daybyter
Legendary
Offline
Activity: 965
Merit: 1000
|
|
December 03, 2014, 06:41:10 PM |
|
Yeah. Sure. As long as you monitor enough exchanges and enough coin types, there's always some profit somewhere. I've seen most opportunities with coins, I've never heard of before.
|
|
|
|
igl00
|
|
December 05, 2014, 03:31:58 AM |
|
i wanted to do BTC-E -> bistampt and it didnt work heh
|
|
|
|
GreenCoin22
|
|
December 05, 2014, 09:18:03 AM |
|
Yeah. Sure. As long as you monitor enough exchanges and enough coin types, there's always some profit somewhere. I've seen most opportunities with coins, I've never heard of before.
I remember someone told me that there is no room for arbitrage forever since the exchange fee, until now I learned that less and less fee on exchanges, so bad the guys! it looks that I missed many money for it, you see, how high the price at LakeBTC these days, why me always hurted
|
|
|
|
daybyter
Legendary
Offline
Activity: 965
Merit: 1000
|
|
December 05, 2014, 07:39:08 PM |
|
igl00: it didn't work? You had a bot, checking the prices 24/7 ?
|
|
|
|
CUNÉGONDE
Member
Offline
Activity: 88
Merit: 10
|
|
December 08, 2014, 03:18:10 AM |
|
Yeah. Sure. As long as you monitor enough exchanges and enough coin types, there's always some profit somewhere. I've seen most opportunities with coins, I've never heard of before.
I remember someone told me that there is no room for arbitrage forever since the exchange fee, until now I learned that less and less fee on exchanges, so bad the guys! it looks that I missed many money for it, you see, how high the price at LakeBTC these days, why me always hurted money is always here to wait you, never late
|
|
|
|
BTCjust
|
|
December 09, 2014, 05:19:06 AM |
|
This program looks feasible increasingly, if the markets continue as they are now
|
|
|
|
Nrcewker
|
|
December 09, 2014, 06:52:32 AM |
|
hi, what happened with your site? I can't open it yesterday and today.
|
|
|
|
drfiber
Member
Offline
Activity: 72
Merit: 10
|
|
December 09, 2014, 07:16:18 AM |
|
I heard btc-e sometimes delays their deposits by a lot, so not sure exactly if you can pull it off but who knows.
this was several months back though, so maybe they changed in terms of service with getting deposits credit right away.
|
|
|
|
|