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Topic: Any interest in a virtual bitcoin exchange? (Read 2101 times)

sr. member
Activity: 243
Merit: 250
March 21, 2012, 09:58:29 AM
#12
I would like to point out that Bitfloor runs a fully featured 'testnet' site which provides all of the capabilities of our production exchange using fake money:

https://testnet.bitfloor.com/

It is a feature clone yet completely separate from the production network.

This is pretty much what I'm building now, the biggest difference being that I would bring in orders from other exchanges as well so that there would always be liquidity and trading action.

You could just write a bot that will simulate those orders on the bitfloor testnet Wink We had one simulating MtGox for a while.
sr. member
Activity: 431
Merit: 251
I would like to point out that Bitfloor runs a fully featured 'testnet' site which provides all of the capabilities of our production exchange using fake money:

https://testnet.bitfloor.com/

It is a feature clone yet completely separate from the production network.

This is pretty much what I'm building now, the biggest difference being that I would bring in orders from other exchanges as well so that there would always be liquidity and trading action.
sr. member
Activity: 243
Merit: 250
I would like to point out that Bitfloor runs a fully featured 'testnet' site which provides all of the capabilities of our production exchange using fake money:

https://testnet.bitfloor.com/

It is a feature clone yet completely separate from the production network.
sr. member
Activity: 431
Merit: 251
Wasn't s3052 creating some simulator or something?

Or is this it?  Currency Tycoon?
"Currency Tycoon is a MMO game for practicing your bitcoin day-trading skills and compare your performance to others."
 - http://currencytycoon.com
 - http://www.youtube.com/watch?v=-EU0Ui-RZ4g

I've also seen this discussion:
 - http://www.bitcoinforums.net/threads/coin-2-coin-simulation-game.308/

I see there are several open source bots out there, for use in testing against your simulator.

Took a look at currencytycoon.com, my site would be a bit different in that it would operate more like a bitcoin exchange - only BTC/USD trading, would have an actual order book, etc.  Similar in concept though.
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
Wasn't s3052 creating some simulator or something?

Or is this it?  Currency Tycoon?
"Currency Tycoon is a MMO game for practicing your bitcoin day-trading skills and compare your performance to others."
 - http://currencytycoon.com
 - http://www.youtube.com/watch?v=-EU0Ui-RZ4g

I've also seen this discussion:
 - http://www.bitcoinforums.net/threads/coin-2-coin-simulation-game.308/

I see there are several open source bots out there, for use in testing against your simulator.

AFAIK s3052 wasn't a coder, I mean I could be wrong, maybe he hired someone.

That site looks about right, like the name.
legendary
Activity: 2506
Merit: 1010
Wasn't s3052 creating some simulator or something?

Or is this it?  Currency Tycoon?
"Currency Tycoon is a MMO game for practicing your bitcoin day-trading skills and compare your performance to others."
 - http://currencytycoon.com
 - http://www.youtube.com/watch?v=-EU0Ui-RZ4g

I've also seen this discussion:
 - http://www.bitcoinforums.net/threads/coin-2-coin-simulation-game.308/

I see there are several open source bots out there, for use in testing against your simulator.
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
This is also known as a prediction market, for example hsx.com, the hollywood stock exchange where you can buy shares of movies and movie stars.
sr. member
Activity: 431
Merit: 251
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Kinda like Trade Ninja and how it allows you to play the stock market with fake money? 

Would it use the actual live data from mtgox?

Yes on both questions - it would mix live orders from mtgox and the other smaller exchanges, plus whatever orders were placed on the site itself.

Quote
Even better, make a test bitcoinica platform.  I really need to learn how to play around with margin.

That would be cool, but I still have a hard time figuring out exactly how Bitcoinica works, much less trying to actually code it Smiley

Quote
Would this just be for bitcoin exchanges or for stock markets like GLBSE?

Would just be for bitcoin exchanges.  There are lots of other "fantasy stock market" like sites out there, although I suppose there are none around GLBSE.
hero member
Activity: 742
Merit: 500
Sounds like an interesting idea
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
Would this just be for bitcoin exchanges or for stock markets like GLBSE?
hero member
Activity: 662
Merit: 545
Kinda like Trade Ninja and how it allows you to play the stock market with fake money?  

Would it use the actual live data from mtgox?

Sounds like it could be useful, I say go for it.

Even better, make a test bitcoinica platform.  I really need to learn how to play around with margin.
sr. member
Activity: 431
Merit: 251
I'm working on a concept for a Bitcoin exchange that works exactly like a regular exchange, but without real money or real bitcoins.  You would simply get an automated deposit of currency and/or bitcoins daily with which to trade.  The idea is that you could use this to test out trading strategies or bots in a realistic environment without putting any real money at risk.

Main features:

  • A website (trading page, accounts, order book, graphs, etc.) - everything you would expect at a regular bitcoin exchange.
  • A fully featured REST/JSON trading API along the same lines as Gox, CryptoXChange, Intersango etc.
  • Automated "order monkeys" that copy orders from the major exchanges.  This would provide a full order book and liquidity even if no "real" people are trading.
  • Possible competitions with prizes for winners (best return over X days, etc.  kind of like Motley Fool CAPS)
  • Semi-public account information (e.g. public leaderboard(s) or rankings to show which users have the best performance, again, similar to CAPS)

Would this be something that anyone would be interested in using?  Anything else you'd like to see (or not see)?

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