Quote from: burnettm on May 11, 2014, 09:43:50 PM

Quote from: floatertheplayer on May 05, 2014, 04:53:39 PM

I have the hard data of millisecond by millisecond arbitrage opportunities from 6 major exchanges on which my bots operate.

I'm going to have to call bullshit here, unless you were located in the same data centers as the exchanges and were bypassing their CDNs, or were simply flooding them with requests and managing to evade the throttling features of their CDNs, you're not going to have this data.

Quote from: floatertheplayer on May 05, 2014, 04:53:39 PM

using 10 different IP addresses to gather the fastest data

Which indicates you're not colo'ed with the exchanges and bypassing their CDNs, and you certainly dont have enough IPs to bypass the CDN throttling, while still maintaining the Nyquist rate.

Quote from: floatertheplayer on May 05, 2014, 04:53:39 PM

No human can compete with my bots acting within 20 milliseconds

The latency on your bot is going to be a lot more than 20ms given the above and other factors. And if your claims were true then the spreads between the exchanges would be a lot tighter than they are now. Just looking at BTC-e and Bitstamp, the spread between the two is $7.

So please, tell me what exchanges your bot operates on so I can further prove you wrong.

Hmm someone who knows his stuff, I like it!

I do not need to prove you wrong I have the hard fact that 95% of my trades do happen at the prices I get with the above methods. And these are outlier prices on which everyone else bot/human jumps as well. Q.E.D

I do understand that eventually my latency is much bigger than 20ms, but it is outside of the factors that I can control. Most of my scraper servers do tend to be close to exchange data centers. I get eg. 5 ping to Bitstamp I can tell you where they are in private if you want to know.

I do understand that there may be prices in books that the public including me do not see. That is the category cheating on the side of exchanges, but it happens on "respected" exchanges like NASDAQ too. I hate insider HFT bullshit too. The no real market "competition" system we live under, that costs us a lot of GDP growth in the end.

On the other hand you are not that good in economics are you. 7 dollar spread does not prove anything. When I talk about profits it is the risk adjusted daily equivalent. To have arbitrage as a business model not as a gambling model, you need much more than 7 dollar spread. I catch spikes and the premise of my post was just that that no human can compete with me in that like crazyivan... I think we can agree on that.