Author

Topic: Bitcoin Bot (Read 5054 times)

newbie
Activity: 14
Merit: 0
July 14, 2011, 08:50:03 PM
#12
this guy's an idiot, he is supposedly a "professional C# developer" and yet he doesn't have enough funds to trade himself?
laffle. plus, historical results have nothing to do w/ the future. who knows what is going to happen tomorrow?
backtesting is worthless.


Do you even know what a professional is? This simply means they make a living from it. He could make $500 a month or millions a month. So from him selling this the chances are his income is low. It doesn't take that much skill to do something like this in C++.
newbie
Activity: 14
Merit: 0
July 14, 2011, 08:48:23 PM
#11
He didn't actually make that money, he tested the algorithm against data that was already out there.

Ah, I get it now. He should BOLD that or something.
newbie
Activity: 42
Merit: 0
July 14, 2011, 08:34:01 PM
#10
this guy's an idiot, he is supposedly a "professional C# developer" and yet he doesn't have enough funds to trade himself?
laffle. plus, historical results have nothing to do w/ the future. who knows what is going to happen tomorrow?
backtesting is worthless.
hero member
Activity: 637
Merit: 502
July 14, 2011, 08:12:51 PM
#9
At some time I developed a system to play the stock market. And I was using past data to test my algorithm exactly like itake did. At some point you think your IA is good because your are making money. What happen is your algo exploit things that happen in that time frame. In another set of data or another time frame it may fails miserably.
legendary
Activity: 966
Merit: 1004
Keep it real
July 13, 2011, 09:03:49 PM
#8
He didn't actually make that money, he tested the algorithm against data that was already out there.
newbie
Activity: 14
Merit: 0
July 13, 2011, 08:14:46 PM
#7
I come from pokerbotting background and I can tell you that as soon as someone provides a profitable botting solution it comes right after it stopped being profitable.

Providing backtesting will likely result in profitable results however that is the past(and yes it very well may have been profitable until now)

Could you explain why you are selling this now, since your overall profit looks mighty fine and if this is as profitable as you claim then there would be no reason for you wanting to increase competition in the small market we all trade in.

You mention that you dont have enough capital to earn money with your bot, but you actually present pretty decent profits with the $5000 starting balance ?

If you raise enough money to trade profitable(again, I dont understand since you are trading profitable allready) wont you simply compete against the 10 copies sold? (not to mention the 10 copies sold will be copied to friends/family and even resold)

Yeah I was thinking the same thing, I really don't understand why this guy would even consider selling this unless it was for a rediclous amount such as 10x the profit he has already made, at which I highly doubt anyone would buy for or risk the money.

On the other hand perhaps he has a better bot now and figured he may be able to make some for an older version.. Who knows..
legendary
Activity: 1736
Merit: 1006
July 13, 2011, 06:28:24 PM
#6
I come from pokerbotting background and I can tell you that as soon as someone provides a profitable botting solution it comes right after it stopped being profitable.

Providing backtesting will likely result in profitable results however that is the past(and yes it very well may have been profitable until now)

Could you explain why you are selling this now, since your overall profit looks mighty fine and if this is as profitable as you claim then there would be no reason for you wanting to increase competition in the small market we all trade in.

You mention that you dont have enough capital to earn money with your bot, but you actually present pretty decent profits with the $5000 starting balance ?

If you raise enough money to trade profitable(again, I dont understand since you are trading profitable allready) wont you simply compete against the 10 copies sold? (not to mention the 10 copies sold will be copied to friends/family and even resold)

+1,000,000

hero member
Activity: 504
Merit: 502
July 13, 2011, 05:43:43 PM
#5
I come from pokerbotting background and I can tell you that as soon as someone provides a profitable botting solution it comes right after it stopped being profitable.

Providing backtesting will likely result in profitable results however that is the past(and yes it very well may have been profitable until now)

Could you explain why you are selling this now, since your overall profit looks mighty fine and if this is as profitable as you claim then there would be no reason for you wanting to increase competition in the small market we all trade in.

You mention that you dont have enough capital to earn money with your bot, but you actually present pretty decent profits with the $5000 starting balance ?

If you raise enough money to trade profitable(again, I dont understand since you are trading profitable allready) wont you simply compete against the 10 copies sold? (not to mention the 10 copies sold will be copied to friends/family and even resold)
member
Activity: 116
Merit: 10
July 13, 2011, 04:27:26 PM
#4
bidding 0.01 -beause of the lack of gui
newbie
Activity: 40
Merit: 0
July 13, 2011, 03:43:55 PM
#3
so, what´s the price?

The price will be determined by a bidding process.
member
Activity: 116
Merit: 10
July 12, 2011, 02:47:47 PM
#2
so, what´s the price?
newbie
Activity: 40
Merit: 0
July 12, 2011, 12:40:17 PM
#1
What is the communities opinion on algorithmic trading?
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