Hi everyone!
As I have written before, I have several developments for Qt Bitcoin Trader in the pipeline. This summer, several powerful features will be added. This, however, will cost time and money. Therefore I have decided to commercialize the application in the following way.
• The exchanges which receive new customers and trading traffic from the application will have to pay, if they wish that their exchange shall be featured in the enhanced application.
• I will continue development and commercialization of the application within a datacom company where I am a part owner, Centrabit AG, with CHF 200 000 share capital. This will give me the resources to speed up the development and combine the application with other services within Centrabit, which will make Qt Bitcoin Trader better for users and exchanges.
During March 2014 I will contact selected exchanges in order to check the interest for being featured within the enhanced Qt Bitcoin Trader.
I thank all users who have donated bitcoin during the last ten months, (total 7 BTC). You have helped me make this application possible. From now on I do not need any more donations.
For the avoidance of doubt:
• Qt Bitcoin Trader remains open-source.
• Security and privacy remain top priority.
http://qtopentrader.com/?Section=NewsI have doubts that exchanges are going to pay you to have their exchange added to the bot. Most expect it the other way around. I think if this doesn't work out, a better method would be to implement a separate auto trade fee so that any successful trade that happens (buy or sell) would include a small 0.1%-0.5% fee added to whatever the exchanges fee is. So in other words when the trade successfully goes through (the open order is closed), the exchange gets it's fee as usual and the bot also sends a separate 0.1%-0.5% to your btc address. I think this would please everyone and here's why:
1) The bot would remain free.
2) All exchanges could be included (eventually)
3) The more people using and making trades with the bot the more money you and your company would make.
4) The users don't have to deal with switching between "supported exchanges" and "unsupported exchanges".
5) It all happens in the backend and would be auto calculated within the rule set so the user still makes a profit.
just my 2 cents. I know I'd personally stop using the bot if BTCe was no longer supported mainly because I don't want to move my btc around again.
Still beta, but hey.
