tutorial on bitcoin arbitrage bot | Bitcointalksearch.org

reddish112

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Quote from: gopnik on January 21, 2018, 10:52:14 PM

Quote from: BTFO on January 04, 2018, 04:20:18 PM

If you are looking to learn a programming language like Python this would be an amazing learning real world learning experience that can be use to not only go to the moon but also as a resume for an employer.
I am embark on this task and it is fun to learn Python and exchange API's with much more work to be done. It takes alot of work and time however I bet a true developer could whip something up in a week. There is code on github to get you started. It is difficult to share or download this type of project because of the risk.

python is not appropriate for low latency bot; you won't make any money with a bot written in Python

In fact, there is enough speed, here is my example in python Пример простого бота для WEX
Do you speak russian? It is simple example bot for wex on python.

redigaffi

member

Activity: 142

Merit: 13

Quote from: gopnik on January 21, 2018, 10:52:14 PM

Quote from: BTFO on January 04, 2018, 04:20:18 PM

If you are looking to learn a programming language like Python this would be an amazing learning real world learning experience that can be use to not only go to the moon but also as a resume for an employer.
I am embark on this task and it is fun to learn Python and exchange API's with much more work to be done. It takes alot of work and time however I bet a true developer could whip something up in a week. There is code on github to get you started. It is difficult to share or download this type of project because of the risk.

python is not appropriate for low latency bot; you won't make any money with a bot written in Python

Why not? That's just bullshit. C++/C isn't a "god" not more. If you don't want to write OS or drivers for hardware or an ASIC, than C++/C is not a good choice. You can use any language, it just doesn't matter, Python, Java, C, C++ , it's your choice and what you prefer. There is no "real" advantage of using C/C++, if there is an advantage, it will be so small then it can't be appreciated.

gopnik

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Activity: 73

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Quote from: BTFO on January 04, 2018, 04:20:18 PM

If you are looking to learn a programming language like Python this would be an amazing learning real world learning experience that can be use to not only go to the moon but also as a resume for an employer.
I am embark on this task and it is fun to learn Python and exchange API's with much more work to be done. It takes alot of work and time however I bet a true developer could whip something up in a week. There is code on github to get you started. It is difficult to share or download this type of project because of the risk.

python is not appropriate for low latency bot; you won't make any money with a bot written in Python

gopnik

newbie

Activity: 73

Merit: 0

Quote from: taquitoxz86 on January 04, 2018, 08:46:15 AM

I was thinking of creating a simple arbitrage bot that sell/buy from 2 exchanges based on the price difference between best bid/ask price. I have minimal programming knowledge..is it a daunting task? Thanks for the help.

Cryptocurrencies arbitrage isn't profitable anymore ayway, unless you are highly experienced in arb systems and c++ and know how to trade with extremely low latency bots that can outperform the domestic bots working on the exchanges servers(certainly not the junk sold in the retail); and even then it would require months of develoment and 24/7 monitoring of the activity and constant adjustements of strategies and updates by developers as it a highly competitive business in a perpetual race. you will be trading margins under 0,3%

The arbitrage ship has already sailed months / years ago, as the market as grown increasingly competitive and aggressive, and is now flooded under bots

You'd better educate yourself and try your luck with mid-long term trading strategies which have been yielding solid returns until now, rather than trying this near zero profit business only accessible to the most advanced and well funded traders
You could just have bought ETH and hold for the past months and made 30x what you have done doing crappy amateur arbitrage

BTFO

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If you are looking to learn a programming language like Python this would be an amazing learning real world learning experience that can be use to not only go to the moon but also as a resume for an employer.
I am embark on this task and it is fun to learn Python and exchange API's with much more work to be done. It takes alot of work and time however I bet a true developer could whip something up in a week. There is code on github to get you started. It is difficult to share or download this type of project because of the risk.

owolabiayodele

newbie

Activity: 10

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Quote from: taquitoxz86 on January 04, 2018, 08:46:15 AM

I was thinking of creating a simple arbitrage bot that sell/buy from 2 exchanges based on the price difference between best bid/ask price. I have minimal programming knowledge..is it a daunting task? Thanks for the help.

its possible....Check Brutus Software.....www.starbit.com.....But i did not enjoy it when i bought it I have to return it because of its complexity.....But it can give you Idea of what you want to create...They used about 4 exchanges...But i think Two exchanges will make it easier for you and the Brutus Software as other features that makes it complex.

taquitoxz86

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Activity: 13

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I was thinking of creating a simple arbitrage bot that sell/buy from 2 exchanges based on the price difference between best bid/ask price. I have minimal programming knowledge..is it a daunting task? Thanks for the help.

Topic: tutorial on bitcoin arbitrage bot (Read 199 times)