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Different Request for Feedback
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Friends,
We have received another interesting suggestion. A couple of customers have suggested a bot that would be similar to Butter-Bot but which would trade stocks on sites like Bitfunder based on different analysis principles. It has been suggested to us that there is high volatility on these stock sites and that this would be a useful tool.
We would appreciate feedback on this idea as well, is a stock trading bot something that interests the majority? What kind of features would you like to see in such a bot?
Thank you.
Pablo.
On the one hand this would indeed be interesting, but considering the lack of liquidity of the BTC stock markets, I, personally, would be very cautious with automated trading.
Also it is worth noticing the spread (typically ~5%), which I believe in large contributes to the (perceived) volatility.
I would much prefer that efforts and resources be directed at expanding functionality/algorithms on the existing markets. E.g. crypto-to-crypto trading, including the possibility to trade more than one pair of currencies simultaneously on a single exchange.
Just my 2 satoshis