Topic: [ANN] Bittrex / Poloniex / Cryptsy All Coin Trading Software, Quatloo Trader. - page 53. (Read 236646 times)

Ok .26 BTC sent. Thank you. If anyone wants to checkout my website that is based all around cryptocurrency news/ wallet updates/ coin releases and more , go to www.bitcoinlasvegas.net

Vegas

Question: Is it possible to tie trader conditional use to the balance of the wallet?  Should eliminate dropping connection problems and force people to keep coins in wallet and off exchanges.  Still give the option to sell back at any time.  I know you still like the mining aspect, but considering moving to POS to facilitate using wallet to activate Trader is still an option out there.  I do not know the technical advantages/disadvantages to one method or the other as far as maintaining the network vs. moving coins for active trading, but cannot imagine that giving owners of the coin another reason to keep coins in wallet and off market would not help making the coin more valuable.  You would know that much better than I do.

Limiting the supply is key to raising value of QTL.  Along the lines of making the Trader a premium software, it would not hurt to have a very rare supply.  Limited coins or raising the price for the Trader make it a desirable program to buy early as it gets better and better, and I think you have proven you are up to continued improvement.  I think what we have seen so far is the mining keeping pace with demand for the Trader, which is why you want to move the halving up, I suspect.

Setting the price to a dollar amount or a BTC amount would also serve to raise value.  Shrinking availability of coins and demand rising for Trader at a fixed price amount should move coin toward that price in long run.  

All rehashed ideas, but just wanting to throw thoughts out there again.  Bottom line is, you are continually building a more desirable software and it is only being held back by so many coins being available at this time as I see it.  I believe you will eventually outpace the coin supply at this rate, but also suspect most of us out here would cheer on any way to make it valuable sooner.  I won't cry for anyone who misses the boat at this point.  Should have got in early and stayed!

Still enjoying QTL and don't make any trades without the Trader any more!

Thanks again, Markus, keep on reaching for the moon!

PS:  I think CXC will prove or disprove my thoughts on price as it uses some of the above logic in its plan.  I like that coin and idea as much as this one and hope it catches on.  Your success here lends a great deal of legitimacy to CXC.  Two great coins to advance Crypto!

i think he said two weeks for the trader update, and within a month for the halving as per post in ANN thread
https://bitcointalk.org/index.php?topic=655793.new#new

Quote: Hey everyone,  I'm still here.  I've been getting requests for additions of other exchanges and additional auto trading functions.  I've been busy with a couple of other projects, but look forward to finishing updates for the Quatloo Trader.  That will be within 2 weeks.  The other new thing I wanted to throw out there is the idea of updating the Quatloos wallet and core code to change the first halving event. ( when the mining block reward goes from 17.01 to 8.505).  Its not settled yet , but this may happen within a month and will change the first halving to occur in April or sooner.  I'll make a decision within a month and I welcome proposals on how to proceed

If you indeed can get more exchanges to work with QT it would make this one of most affordable auto-trading software available. The only other legitimate program available, that I know of, is C.AT. and that will run you .60 BTC for just the "Core" and then an additional .10 - .20 BTC PER exchange that you want access to. https://bitcointalksearch.org/topic/bot-cat-cryptocurrency-automatic-trader-new-price-list-042021-507103 Or you'll have to buy a subscription to sites that offer online auto-trading. Simply buying the Quatloos for this is far more cheaper for the same thing. I personally only need the automatic trading.

Not to bug again but do you have a time frame in mind for development?

wow, I was seriously joking.  If I were cryptoconomist I would insist on you only paying .1 or something. Nice to see people in crypto with values. 

cryptoconomist thank you for answering my question. Please PM me your btc address for .25 btc bounty reward. Thanks

Vegas

Yeah I have actually been using 2% with decent results. Obviously if the bot gets more popular the % will have to come down but the real payouts arent at 1%. I need to get some btc to do it right though. Waiting to sell off some coins for a decent price (havent spent any fiat yet, trying not to)

yes you are correct in the .5% personally i use 1% b/c the % go up if you wait a moment

that sounds interesting to publicly burn the coins used in the purchase of a licence, for me who has no intention of stopping using QT

I personally like the "conditional freeware" aspect. I guess it depends on the price, but I am not so sure I would spend 20k outright for the bot.  Its nice knowing you can sell your coins if you ever decide to. Where selling a license will likely be more of a pita (if it will/would be possible..

+1 vote for not switching to selling the trader (unless it is a decent percentage cheaper)

edit: that being said, loving the arb bot.  definitely feels like a "safer" way to trade. Only missed half the arb once so far with probably 20 successful arbitrages (and im not set up with the coins/btc spread across exchanges to do it right.)

 Am I right in thinking that anything under .5% is a loss since each exchange charges .25%? actually a little higher due to withdraw fee's?

Hey everyone.  I'm here and looking forward to working on the next phase.  I've been involved with other projects and I'm getting ready for another push forward with the development of the Trader.  Arbitration works well with bittrex- poloniex.  Bittrex-Cryptsy and The 3 way arb work, but need some refinement and improvement.  I've also received many requests to add other exchanges and auto functions.  I also may soon entertain the outright purchase of the trader with quatloos so you would have a license and not need regular connection to the internet to keep the Trader activated.  Publicly burning the quatloos used in the purchase is a possible scenario. I'll post more next week regarding the next updates in more detail.

One thing that would be nice is if the bot wouldnt buy from itsself (arb selling to you if you are the top bidder ect). It would open up some strategies definitely.

I think we are due for a rise in value.
https://twitter.com/78f164e16bab481/status/557369879171317761
at this market value it's a no brainer.

did you ever get your .25 btc?    It would probably be cool to offer him something since he did indeed give you the correct answer.

On subject though. Im new with qtl, am enjoying the bot so far. I wish it had indicator algo's lie rsi but for the price it cant be beat at the moment.

    Before I began is there any ETA for support on this program on the BTER, C-Cex, and/or Bleutrade exchanges? I really like the program but the currencies I most trade in are on those exchanges. Is there a way to manually add them myself? Note that C-Cex is currently maintenancing and upgrading their current API so no API trading is currently possible there.

    After using this program consistently for over a week I can say this is indeed a great value for the price. There are no frills with it but it can gets the job done just fine. I do wish it had more parameters that could be set within the advanced ping-pong settings. For me it would be:

1. The ability to set a price percentage between the bid/ask instead of a set SAT number.

2. The ability randomized the bid/ask prices and not just the amounts and intervals.
A. Say I have a BTC/USD ping-pong set up with my price stop set at 202.00 per BTC and the current bid/ask rate is 198/204 then QT would randomly set my trades between the prices of 202 - 204 and used in combination with the randomized place order bid/ask options I can have multiple priced orders and not have to rely an arbitrary set "distance from" price to get a competitive price set.

3. The ability to trade between more than one paring within the same site at a calculated profit.
Example:

A. I would set the following currencies to be monitored on the Cryptsy exchange: BTC, USD, DOGE, and XRP.

B. QT would then highlight all the relevant markets associated: BTC/USD, DOGE/BTC, DOGE/USD, etc.
  a. I would have the option of enabling or disabling "pairing paths". That would mean I could say don't sell DOGE/BTC or don't buy BTC/XRP, etc.

C. I would set the advanced ping-pong as normal except instead trading between only one pairing it would be what would give me the best buy/sell exchange rate between the selected pairings. Most likely this will need a connection to a profitability calculator to be completely feasible of which I highly recommend Cryptonator which I personally use for my trading and I suggest you all try as well. I use the android app: https://play.google.com/store/apps/details?id=com.aev.cryptonator but they have a website for regular PC use: https://www.cryptonator.com/ You do not need to register to use the converter or calculator.
  a. A in-use example would be, I buy BTC for USD but I would get a better return for Selling it for XRP instead of turning it back into USD it will do so. Continuing, if I would get a better rate of buying DOGE with the XRP instead of USD or BTC it shall set that into motion and finally if it is still profitable to sell the DOGE back into XRP that action will take place. I'm sure you can completely understand where I am going with this. This indeed would need the aid of a profitability calculator if attempted. I know Cryptonator has a developer API available for use. https://www.cryptonator.com/api

4. Allow QT to set more than one automatic trade buy/sells in a tiered order. Example:
A. In an automatic BTC/USD pairing situation, I decide that I will have two sells and two buys up at any given time. I set my buy's at first .1 and second .2 and set the distance between the two at 2 million SAT for a good spread. This way I can have one trade waiting long while having another actively being traded. I would need the option to "anchor" the "lower tiered" trade if I don't want it to be canceled if the price gets to close to the "higher tiered trades" The same will work for selling except in reverse.

    Also, having a chart would be helpful as well as calculating how much a buy or sell will be by just entering in the amounts without having to press the buy or sell button.

    All this is indeed something that would take a lot of work but I'm sure you are up to it. I am looking forward to more development on this project.

I don't know if this has been brought up yet but I notice that the "Not enough Quatloos for automatic trading" error happens when I lose internet connection and restarting the program fixes it.

yeah that's a pretty good idea. right now we have to calculate manually how many coins each arb trade net'd  

best strategy is to diversify with the common coins, and to have plenty BTC in each exchange. is there a limit on how many markets Quatloo Trader can scan simultaneously? anybody running multiple markets out there with QT.

i think if you want to run more than one coin, you should have more than 20000 QTL

Dude, get off the hopium.

That kind of arbitrage software is never going to happen. There are far too many variables in that sort of arbitrage for such software to even be worth anyone's time in developing.

Something I would rather see is the option to set the arbitrage mode such that you are accumulating the coin you are arbitraging rather than BTC.

I have allowed everything for the app, even withdraws... 

@Dev do you ever think there will be the type of arbitrage that can buy on one exchange and sell on another? I mean acutally transfering the funds? I know there is a delay so price could change, but maybe we could have the option of setting the minimum spread @10%or more. I think if we can atleast 4 way or 5 way exchanges this might be possible. I mean if we can make this possible and leave software running, it should hit some big arbs a few times a week. I think this is what people are looking for, this would recover the value of quatloo trader, as this has NOT been done before, and would make the software VERY valuable. Another possiblity is only including the fastest exchanges, as bittrex is really slow, and polo is fast. The risk would be on us. Maybe have a disclaimer that we have to agree to explaining that because of delays, we accept the risk.

Vegas

don't know what to tell you it works fine on my end...

did you check the API privileges?