[ANN] MarginBot - A Bitfinex Margin Lending Management Bot - page 7.

deponzit

newbie

Activity: 14

Merit: 0

Quote from: DebitMe on August 08, 2015, 12:23:18 PM

Quote from: deponzit on August 06, 2015, 10:50:07 AM

I've updated my fork to ignore the FRR offers on the offerbook. This will let it place offers above the FRR, as FRR offers are bypassed for fixed-rate loans. Result of this should mean taking advantage of higher loan rates when rates are climbing above the FRR.

Latest version can always be found at:
https://github.com/deponzit/MarginBot

Please note, I mean no disrespect and I could be completely off the mark here but, has anyone checked this code to make sure it isn't malicious? Or is there really anything that could be stolen by only knowing my API code?

No disrespect taken, and thanks for the interest. That link goes straight to the source code, so feel free to scope it out yourself. The core of it is unchanged from the original version. If someone got ahold of your API keys, they could potentially make some bad trades, but they can't withdraw any of your funds. You can read about Bitfinex's API here: https://www.bitfinex.com/pages/api. I still keep my bot behind a password protected folder on my web server, though it's probably not necessary. If you decide to do the same I've included some code in the crons folder to get your cronjobs to authenticate.

DebitMe

legendary

Activity: 2800

Merit: 1012

Get Paid Crypto To Walk or Drive

Quote from: deponzit on August 06, 2015, 10:50:07 AM

I've updated my fork to ignore the FRR offers on the offerbook. This will let it place offers above the FRR, as FRR offers are bypassed for fixed-rate loans. Result of this should mean taking advantage of higher loan rates when rates are climbing above the FRR.

Latest version can always be found at:
https://github.com/deponzit/MarginBot

Please note, I mean no disrespect and I could be completely off the mark here but, has anyone checked this code to make sure it isn't malicious? Or is there really anything that could be stolen by only knowing my API code?

deponzit

newbie

Activity: 14

Merit: 0

I've updated my fork to ignore the FRR offers on the offerbook. This will let it place offers above the FRR, as FRR offers are bypassed for fixed-rate loans. Result of this should mean taking advantage of higher loan rates when rates are climbing above the FRR.

Latest version can always be found at:
https://github.com/deponzit/MarginBot

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Quote from: deponzit on August 01, 2015, 03:30:44 PM

As promised, here is my fork, which works with USD, BTC, and (untested) LTC.

https://github.com/deponzit/MarginBot

Major changes:
Add BTC/LTC support
Improve compatibility with older PHP versions
Improve responsiveness
Increased lend amount accuracy
Fix undercutting
Minor bug fixes
UI tweaks

You'll need to do a reinstall, as it's not compatible with the old version (new DB fields and column name changes). Maybe next version will be backwards compatible, but this one is not.

Screenshots

EDIT: I haven't really tested the install process, so if you run into any bugs let me know and I'll fix them.

EDIT 2: If you appreciate my work, you can send a few bitcents my way

1rq1YCXFemXAWyfUHpZo8fYinWor9eVst

Thank you for the work. It looks good. If i ever trust bitfinex enough again to upload something of value i will make sure to use your version.

Blawpaw

legendary

Activity: 1596

Merit: 1027

A lending bot seems like a good idea to me

I will probably try this one out!
Are you planning to add trading bit features to your bot as well?

deponzit

newbie

Activity: 14

Merit: 0

As promised, here is my fork, which works with USD, BTC, and (untested) LTC.

https://github.com/deponzit/MarginBot

Major changes:
Add BTC/LTC support
Improve compatibility with older PHP versions
Improve responsiveness
Increased lend amount accuracy
Fix undercutting
Minor bug fixes
UI tweaks

You'll need to do a reinstall, as it's not compatible with the old version (new DB fields and column name changes). Maybe next version will be backwards compatible, but this one is not.

Screenshots

http://i.imgur.com/KjHRQyU.png

http://i.imgur.com/Ao5IPup.png

EDIT: I haven't really tested the install process, so if you run into any bugs let me know and I'll fix them.

EDIT 2: If you appreciate my work, you can send a few bitcents my way

1rq1YCXFemXAWyfUHpZo8fYinWor9eVst

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Quote from: DebitMe on July 31, 2015, 06:40:19 PM

Quote from: SebastianJu on July 31, 2015, 06:37:21 PM

Quote from: DebitMe on July 31, 2015, 08:48:14 AM

Quote from: SebastianJu on July 31, 2015, 06:07:25 AM

Quote from: deponzit on July 29, 2015, 11:35:16 AM

Quote from: DebitMe on July 28, 2015, 02:17:12 PM

Quote from: SebastianJu on July 28, 2015, 02:06:03 PM

Quote from: DebitMe on July 28, 2015, 01:44:06 PM

Is the bot able to handle Btc and Ltc lending as well? Or does it solely work with USD?

It only works on USD. I wonder if the bot works fully fine now. I stopped using bitfinex when all the complaints started. Withdraws, wrong orderbooks, wrong swap payments, no answers and so on. It reminded me too much on the beginning of problems on exchanges that afterwards claimed being hacked... or so.

It worked great when i used it and i had a lot of ideas to optimize it but the work-reward is not so high so that i didnt work on it.

Yea IDK what to think about Bitfinex, I like them and the returns are nice, I would like to see another audit be done. I guess we will see.

The bot seems neat, I would really like support for Btc and Ltc to make it more, "complete", but I will take what I can get. Have my brother working on what set up costs would be since I don't own a server. As of right now, if it really can get about 20% better returns, then the amount I have deposited would about break me even with server costs every month, but only have the money lent out for a couple of days at a time would help liquidity.

See my post above about free hosting.

I'm planning on forking this to work with BTC as well, as it doesn't look like it would be too hard to do. I'll post here when it's ready for you all to try out

Yes, it should be fairly easy. I wonder why i didnt get the idea before. ... I think its because the profit from lending btc is much lower than lending usd. And you have the risk of btc price dropping, killing all your profits.

If this would work then you could go short and long on bitcoin and earning money on the way by multiplying the currency you hold at that time.

Yea it does stink that the profit from bitcoin is so low. It just seems that there are too many people who are interested in lending their bitcoin and not enough people interested in trading with it. Really drives the interest rate down.

Still though, I have tried just setting my btc to the FRR, but they never get taken out. So, I still have to trust Bitfinex with my coins, and I am getting nothing in return. This would at least get some minimal return.

Yes, FRR is not a good solution to choose. You really should try out the marginbot if you didnt already. It really makes a great job and will let your money be lent out constantly with low downtime. And that downtime is only to get the best rates.

Yea agreed, if I had more time I would do it myself, its just easier to leave it on auto lend. I have my brother looking into getting it set up on a server for me.

Its pretty easy to set up. Yeah... let your brother work for you... you dont want him to get lazy. Tongue

If youre lucky you will get USD lending soon too. If someone revels the code.