Post
Topic
Board Bitcoin Discussion
Re: High Frequency Trading on the Coinbase Exchange
by
ChrisPop
on 16/05/2015, 16:21:34 UTC
he should have moved from there because of the fee that now is at 1%, too high if you ask me, it was good until april, then they changed it, maybe because their volume fell

would be interesting to know what kind of volume he is moving with his bot, because he was talking about a decent profit, not a good ones

...another thing occured to me now, could be better for him to sell his bot? yeah he was talking about not revealing his strategy, but sooner or later someone will discover it anyway

I agree with you,Amph.The 1% fee is way to high for a "famous" exchange. Regarding the bot vending issue..Hmm.. Maybe he thinks he invested too much time and maybe money to create the trading bot and he only wants to sell it at a very high price that won`t be accessible to the common trader.(maybe he is too stubborn to sell it at a lower price).

But it`s just a theory,he may wait for the perfect moment to sell it. Who knows??...  Grin