It just blows my mind that the Idiots have the nerve to try to rebuild the pool and get us to mine with them again.. after all the money they lost us...

50BTC still owes me .45ish and I never got it, now they are opening their site back up in Beta? Am I ever going to see the coins?

it's total BS if they open the pool back up but don't repay old debts.

It's constant, but it polls Mt.Gox every 5 seconds. Does that answer your question?

I have a programmer that sits next to me at work and he hasn't been doing much lately, so I asked him about building a trading bot. Well, he created one, and I just want to get some inputs on the logic.

The bot does work, and is up and running, but just looking for some ideas on how to make it better.

It's coded in Python.

It's command line right now, but we are working on making it into a GUI.

It has a config file that it reads to input your Mt. Gox API key and trading paramaters.

How it works.

You start with either BTC or $ in gox and start the bot.

It will look for percentages to buy/sell, but here is the briliant part.

   - say you start with 5% with a 2% drop.

 If Gox is at 500$ and you are looking to sell, it will wait for the price to increase 5%, THEN it will wait for it to keep climbing until it drops 2%. It could go to 575$ then drop 2% and then it will sell. The 2% drop has to still be over the 5% increase. Anyone Confused yet??

It will do the same thing while looking to buy.

You can change the percentages up/down and dip to what ever you want in the config file. Right now I'm using 4% and 2% dip to try to capture larger movement.

Only small issue is because it is waiting for the dip to buy/sell, the market price is used instead of a fixed price.

If you want to try to avoid bull/bear traps you can increase the dip% to a higher number.

Anyway. That's what I have been working on with a coworker.

Any thougths or suggestions?

-Flyboy

All I see is some parts from newegg.com. A piece of aluminum. And some Legos painted black.

This took 6+ months?

There is nothing one off there.

I have one. Brand new with

Case
Sd card 8 gb
7port powered hub
Wifi USB dongle

Bought brand new from amazon. Never used.

I will keep watching the bot.

Do I have to keep crome open for it to run or just the computer on?

At a loss of 8.8% per trade, I will just let it ride and see what happens. Thanks for the free demo.

I would much rather a bot that does what you said. Buys at a set decrease and sells at a set increase.

It doesn't make since to have a bot that buys or sells at a loss. It's math. If the bot sold at 188 it should know not to buy back at 205...

Can u make a bot that starts at say X and if the value drops 2$ you buy and if it increases 4$ you sell?

by the way, thats an 8.8% loss in one trade...

sounds to me like I just need to hold BTC.....

So far I'm going to so no to butterbot

Started it on Friday with default settings for gox

Started with 7.9 @ 195ish

First sale 188$ the lowest point this weekend.

First buy 205$ very close to the high for the weekend.

I went from 7.9 to 7.2 in two days.

At this rate I will be broke in a month.

Auction END

Also, I just looked at bitmit and it is sitting at a bid for 10 BTC.

So auction is now at 10BTC

I'm also selling on bitmit so It would have been an email from them. Username I do not know. But his email address is he name.

I got an email offer of 9.25.

I have a picture of them ob bitmit, I also have them for sale on there. They are listed under my screen name.

I want to add,

Bidding will stay open for 5 minutes after each bid. This will give people a chance to out bid each other, and not just try to wait till the last second to lock it in.

As the title says.

I'm selling 2x60GH singles connected and running on a single 750W PSU. You can look at my feedback on BitMit. I have sold a few of these all over the world.

Shipping, I will ship DHL international Express for .8 BTC. CONUS for .5 for USPS Express.

ESCROW if you like, for Escrow, I like to use bitmit, it's easy for both Parties.

Starting bid 8BTC, please increments of .01

Auction will end 22 OCTOBER 2100 CST

Happy Bidding!!