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Author Topic: [ANN] Gnosis [GNS] POW/POS Hybrid - Anon EM/Stealth Addressing - Scrypt  (Read 55952 times)
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bitcoinwonders010
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September 25, 2014, 06:06:26 PM
 #21

Looking into the future a few months from now when this application is finished the way I see it, not everyone will be arbing the same pairs, or even trading the same pairs on the same exchanges.
You'll also have to be gold for full arb features, silver only lets you auto trade on one exchange, and bronze is just access to manual trading functions within the application. Any exchange that has a decent api and decent volume I WILL ADD THEM IN. Initially there will be only about 3 exchanges (Major exchanges such as bittrex, bter and cryptsy) . Once more of the trading foundations is laid in place I will start adding more and more exchanges. I'm building this application for myself too, as I plan using it. If you guys have ideas let me hear them! Just PM me here or I'm always in the IRC (somewhere).

one beneficial feature would be to display the total buys and total sells in 24hour period if possible. currently we only have 24hour volume
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McHammer
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September 25, 2014, 06:18:24 PM
 #22

sounds very good
thanks for replying that fast  Roll Eyes

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September 25, 2014, 06:57:10 PM
 #23

sounds very good
thanks for replying that fast  Roll Eyes

Just to clear it up. It will take him a few months to finish the complete version. The first one that will come out soon will just have Bittrex ready to go Smiley

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travis72682
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September 25, 2014, 07:03:44 PM
 #24

Looking into the future from now when this application is finished the way I see it, not everyone will be arbing the same pairs, or even trading the same pairs on the same exchanges.
You'll also have to be gold for full arb features, silver only lets you auto trade on one exchange, and bronze is just access to manual trading functions within the application. Any exchange that has a decent api and decent volume I WILL ADD THEM IN. Initially there will be only about 3 exchanges (Major exchanges such as bittrex, bter and cryptsy) . Once more of the trading foundation is laid in place I will start adding more exchanges. I'm building this application for myself too, as I plan on using it. If you guys have ideas let me hear them! Just PM me here or I'm always in the IRC (somewhere).

Edit: Arb will be available to whoever is trading those pairs and places the orders first. It's not going to split anything, and you will be able to arb any coin on any of the exchanges, whatever exchanges that coin is on on youll be able to trade on those exchanges.

You PICK the coin you want to trade, and all the exchanges that support that coin. So i'm fairly positive with the end game result not everyone will be arbing the same coin, and likely wont even be using the same exchange. You wont have to trade just GNS, but you will have to be at least BRONZE to even run the application.

So if I have to tell it what coin to arbitrate then I have to look at all the exchanges to try to figure out which coin(s) are profitable?  You find the large differences in price on the coins that are moving the fastest at the time... I have a feeling the number of bots planned on being out there, compared to the amount of coins at any one time that have any real arbitrage profit to be made is not gonna be in your favor... And the more successful you become, the more compounded the problem becomes.  . .  This is an honest concern, yet I have a feeling it may disappear.

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RonBurgundy
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September 25, 2014, 07:26:18 PM
 #25

Looking into the future from now when this application is finished the way I see it, not everyone will be arbing the same pairs, or even trading the same pairs on the same exchanges.
You'll also have to be gold for full arb features, silver only lets you auto trade on one exchange, and bronze is just access to manual trading functions within the application. Any exchange that has a decent api and decent volume I WILL ADD THEM IN. Initially there will be only about 3 exchanges (Major exchanges such as bittrex, bter and cryptsy) . Once more of the trading foundation is laid in place I will start adding more exchanges. I'm building this application for myself too, as I plan on using it. If you guys have ideas let me hear them! Just PM me here or I'm always in the IRC (somewhere).

Edit: Arb will be available to whoever is trading those pairs and places the orders first. It's not going to split anything, and you will be able to arb any coin on any of the exchanges, whatever exchanges that coin is on on youll be able to trade on those exchanges.

You PICK the coin you want to trade, and all the exchanges that support that coin. So i'm fairly positive with the end game result not everyone will be arbing the same coin, and likely wont even be using the same exchange. You wont have to trade just GNS, but you will have to be at least BRONZE to even run the application.

So if I have to tell it what coin to arbitrate then I have to look at all the exchanges to try to figure out which coin(s) are profitable?  You find the large differences in price on the coins that are moving the fastest at the time... I have a feeling the number of bots planned on being out there, compared to the amount of coins at any one time that have any real arbitrage profit to be made is not gonna be in your favor... And the more successful you become, the more compounded the problem becomes.  . .  This is an honest concern, yet I have a feeling it may disappear.

okay Debbie Downer.

You have never done arbitrage trading have you? It takes some skill and the program could never do all of it for you. It just makes it easier/faster. There are sooooooooo many coins to arb with that what you are talking about is a non existent problem.

It would require A LOT of traders with huge capitol to totally fill every arb opportunity across the exchanges.
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September 25, 2014, 08:05:16 PM
 #26

You pick the coin. All exchanges that support that coin will be listed and the prices on each exchange. If there is a large enough difference in price between any of the exchanges to make a profit, the bot will buy or sell on that exchange so you profit....Everyone will be arbitraging different coins, on different exchanges. If two people are doing the same coin on the same exchanges, then it comes down to whoever is faster to respond. All the settings an variables will be configurable, and I highly doubt people will be doing, the same coin, on the same exchanges, with the same configuration.
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September 25, 2014, 08:26:06 PM
 #27

For anyone still hodling, some more of my thoughts on GNS:



I still need some confirmation on the charts for this but it's looking interesting for now.

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September 26, 2014, 02:20:00 AM
 #28

Great work!  Grin
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September 26, 2014, 02:44:10 AM
 #29

The last TA I posted above ^ is getting some bullish confirmation. Looking good for today people.

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September 26, 2014, 05:13:42 AM
 #30

Is there an estimated timeline for all projected features to be operational with our coin?

Is there some PR plans or a DEV member who has current plans? If so, what are plans & timelines? thnx.

~darylluke.
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September 26, 2014, 05:14:43 AM
 #31

The last TA I posted above ^ is getting some bullish confirmation. Looking good for today people.

THANKS for all your TA work for us here!! It is much appreciated.  Kiss

~darylluke.
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September 26, 2014, 05:58:47 PM
 #32

The last TA I posted above ^ is getting some bullish confirmation. Looking good for today people.

THANKS for all your TA work for us here!! It is much appreciated.  Kiss

~darylluke.

Your welcome, so far everything has been hitting.


Dev is working overtime rushing deadlines, so we could be getting some suprises soon.

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September 26, 2014, 07:14:20 PM
 #33

https://twitter.com/Nuseii/status/515309215708356609

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September 26, 2014, 07:33:22 PM
 #34

Were the unlock levels changed from what they were before? It seems like every time I read GNS threads, the required amounts for the bot keep lowering.
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September 26, 2014, 08:42:50 PM
 #35

If dev will deliver I guess an x10 is possible with buying at the actual price. Remember QTL  Wink

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September 26, 2014, 09:28:45 PM
 #36

No bitvc / huobi? unfortunate Sad

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September 27, 2014, 01:52:40 AM
 #37

If dev will deliver I guess an x10 is possible with buying at the actual price. Remember QTL  Wink

Ssh... ;P

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September 27, 2014, 02:47:38 AM
 #38

Í'm still holding like a soldier from 150, didn't even ride the first kahuna

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September 27, 2014, 05:49:57 AM
 #39

Ok guys, I gotta update my predictions, floor is a bit shaky but not a lot of selling goin on. It might dip all the way close to 200 and bottom out there and resume uptrend.

Can't imagine this going much lower.

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September 27, 2014, 04:25:43 PM
 #40

Sorry people if you had faith in the floor, I had serious doubts. I got dumped on to my entry point but I doubled up. Sell high, or buy more when lower I guess, either way I'm still in.

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