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/biz/ - Business & Finance

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331496 No.331496[DELETED]  [Reply] [Original]

Hi /biz/, I'm implementing an api and building a trading bot for a medium size, localized (the exchange is focused on one country mostly) cryptocurrency exchange. As of right now I couldn't find any solid api implementation for this, and there are no trading bots available for it. What would be the best method to monetize the api implementation and the trading bot for the exchange?

>> No.332658

>>331496
any ideas relevant to this at all? Don't let me down now /biz/

>> No.332729

>>331496
Read SICP.

>> No.333189

crypto trading is too heavily effected by human emotion to make a bot for.
Just like penny stocks.
Your robit is going to lose it's shinny metal ass.

>> No.333193

>>333189
He might have a chance if he has it just exploit arbitrage between currencies; no holding, just quick moves between positions.

>> No.333202

>>331496
Hoe much margin do you have?

>> No.333240

>>333193
also it has to have some connection to liquidity across exchanges, even exchanges it doesnt deal with. 1000% increase on an epog no one knows about could just be a whale setting up a pump and dump.

have it integrate coingecko

>> No.333257

>>331496
Arbitrage, find a site that uses the max currencies possible,and hope they have an api ready, then hope you get lucky and the shills continue messing up the prices.
It's possible.

>> No.334756

>>333257
>>333240
>>333202
>>333193
>>333189
>>332729
Thanks guys, the bot is an arbitrage based bot exploiting the difference between local and global prices (global are much lower). I am actually much more interested in how to sell it to other traders and cash in immediately rather than run it myself and shave pennies here and there.

>> No.335470

>>334756
How much do you want for it?

>> No.336121

Are you that guy who posted some time ago who developed some kind of Neuronal Network for foreshading
price developments?

>> No.337384
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337384

bump

>> No.337473

>>336121
Nope not him.

>>335470
I guess around 0.5BTC for the client. I could sell the api implementation as source as well. Does that sound reasonable?

>> No.337490

>>336121
Not him but I did that a little over a year ago for short term trading.

It wasn't as effective as I'd hoped (though the simulations fared better than myself), and I've since began treading into news analytics.

>> No.339217

>>337473
Does it work for bittrex?