Another 50 coin dividend payout amongst all shares..
The bot not working yet?
Topic: Bot - page 4. (Read 21521 times)
So whats going to happen to your bot and all of your shareholders?
I assume in a day or so once they look over the new documents everything will be back to normal. This is not a big deal, but everyone should know about the issue.
We now expect the funds to be given back shortly as the documents that have recently been requested are being sent to Mt. Gox.
Wires will no longer be sent from Gox and all funds will be taken out in the form of BTC.
We would like to remind everyone that the account was AML verified before funds were sent and that a Mt. Gox staff member approved all actions before we made them.
Sending more documents to Mt. Gox is not a problem for us. Going to Japan for court would have been extreme in our opinion.
https://bitcointalksearch.org/topic/funds-frozen-in-tygrr-bots-mtgox-account-78596
Thank you.
How will "Funds “frozen” in TyGrr-Bot’s MtGox account" impact when this security starts to return value to its shareholders?
Wow, I guess this is it. The post is so long, and Goat seems didn't provide the full information, So I would like to just point out a very simple contradiction:
1. Goat claimed that he would go to the court to defend himself.
2. Less than one month ago, Goat declined to deliver the ID verification on GLBSE b/c he worried about the legal issues for an America selling stocks on GLBSE.
So, Goat, are you prepared to tell the court what you're doing or not?
How will "Funds “frozen” in TyGrr-Bot’s MtGox account" impact when this security starts to return value to its shareholders?
Has live testing begun?
If dividends are not paid on Tuesday I will be giving the bond holders the 50 BTC bonus bounty I promised my team for getting it ready by then.
So, expect something.
We are in live testing and it is making live trades. However since we are not really able to offer you a dividend of any real amount I'm giving you the 50 BTC bounty.
Thank you for waiting and also, whoever is making the price in BTC so stable please stop it!
Is there a possibility that some secretly built arbitraging bots are already there, competing with yours?
//DeaDTerra
Has live testing begun?
If dividends are not paid on Tuesday I will be giving the bond holders the 50 BTC bonus bounty I promised my team for getting it ready by then.
So, expect something.
We are in live testing and it is making live trades. However since we are not really able to offer you a dividend of any real amount I'm giving you the 50 BTC bounty.
Thank you for waiting and also, whoever is making the price in BTC so stable please stop it!
Is there a possibility that some secretly built arbitraging bots are already there, competing with yours?
stochastic, do you know of any other brokers who offer API's besides IB? I've been looking for a while but without much luck.
Hope it goes well for you goat. A more efficient market created by arbitrage means spreads and price differences across brokers should reduce.
I guess that depends on if you want some third-party tools for the API or you want to develop the tools yourself. Most forex places would have some kind of API but you have to dig around if you want some that are already integrated into third party exchange platforms. I like IB because you can trade lots of different kinds of platforms.
http://www.forex.com/forex-api.html
http://www.interactivebrokers.com/en/p.php?f=programInterface
"If you are doing this triangular arbitrage how will you protect against slippage in the fiat currency exchange rate?"
We will not protect against slippage other than be relatively balanced in what we hold. Yen goes down dollars go up a small amount. The difference will be not noticeable.
If we do 2000 trades a day and make 50 cents a trade the 5$ we might lose in the currency slippage for the day wont really matter all that much.
This system is not perfectly efficient but it will be more efficient than what is in the wild now if funded fully.
We will not protect against slippage other than be relatively balanced in what we hold. Yen goes down dollars go up a small amount. The difference will be not noticeable.
If we do 2000 trades a day and make 50 cents a trade the 5$ we might lose in the currency slippage for the day wont really matter all that much.
This system is not perfectly efficient but it will be more efficient than what is in the wild now if funded fully.
Do you have your bot hooked into fiat trading exchanges so you can exchange USD for EUR or RMB, ect?
At this time no. We can do this work by hand. No need to risk safety for speed in this case.
OK. Triangular arbitration has a lot of potential with bitcoin. Looking at exchanges that are denominated in the minor and exotic currencies shows that there is a lot of inefficiency in those markets. The problem is the volume.
Since you will be exchanging fiat currencies by hand I assume you will not be doing triangular arbitrage as all three currency exchanges need to occur simultaneously or else you have a risk of price change. It seems like you will be sticking with two-currency arbitrage and taking advantage of inefficiencies between bitcoin exchanges. For more information on three or multi currency arbitrage you can read this pdf on the subject.
A way to hook in a bot is to use Interactive Brokers. I unfortunately do not have the capital to open up an account with them, but their API is really nice.
stochastic, do you know of any other brokers who offer API's besides IB? I've been looking for a while but without much luck.
Hope it goes well for you goat. A more efficient market created by arbitrage means spreads and price differences across brokers should reduce.
I will give you guys an update today. Starting a whole new exchange will be tricky and take time. However we will give the many people who want it a second option on how to invest that option. More soon. Thanks.
There is no reason why each company can't have its own exchange for its own shares.
Still on track? Only two weeks in from OP but do you have an update on how things are going?
It looks like there is a plan to delist from GLBSE and run independently.
https://bitcointalksearch.org/topic/glbse-tos-discussion-thread-76019
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