I'm a software developer that has been interested in algotrading for many years now. I'm on a budget and at the moment trading securities would be pointless. So I'm looking at cryptocurrency trading. I have some questions:

1. Is anyone algotrading BTC?
2. On what exchanges?
3. What sort of analyses are you doing?
4. What types of strategies?
5. Where do you get historic data? Is it by the hour? minute? second?
6. Is it similar to trading equities?
7. Is scalping possible?
8. Do you trade any altcoins?
9. BTC is extremely volatile. How successful have you been?
10. Is there such thing as finding the "intrinsic value" of a cryptocurrency?
11. What are the transaction costs?