Quote from: tonyk2 on April 11, 2015, 01:23:27 pm

Take a look at the bitUSD:BTS market right now. The market matching seem to not be fixed after all   



feed 222.3416 
Shorts at that price do not match with the buy bitUSD at 226 or 225;
Expired shorts do not match either.

Yea I've been watching this too for the last hour while working on the wallet, what makes everything even stranger is that there are trades happening but at ~246 BTS/bitUSD, more than 10% above the feed price at the time.

Here's a dedicated thread: https://bitsharestalk.org/index.php/topic,15668.msg201291.html#msg201291

Short margin calls on expiry will buy up any asks up to 10% above feed.

My honest to god hope is about a 50% dip in price right before we launch this. 

Seriously? That's your real hope? Yet you spread this hype which looks like a clear attempt to try and raise the price...

I'd love to believe you but I just can't sorry, I like my facts.

You can set the RPC settings in the config.json file (on a mac that is under <User>/Library/Application Support/Bitshares.

If you can't see Library, right click and select to show it as it may be hidden.

http://wiki.bitshares.org/index.php/BitShares/API

Quote from: mdj on April 06, 2015, 07:55:58 pm

Quote from: rgcrypto on April 06, 2015, 07:46:57 pm

Do you think you would be able to have a profitable bot?

What would we need for our bots to be profitable?

Bots could easily become profitable as soon as people start filling asks and bids. Having a market maker bot would basically enable you to set your spreads i.e. Buy at feed -x, Sell at feed +x. In the example of BitUSD:BitBTC these spreads would move in relation to the current Bitcoin exchange rate. This would be trivial to implement and in already liquid markets the risk would be relatively low in comparison to BTS markets (as price manipulation would be minimised across external exchanges)

If a given market becomes more and more liquid, do the bots keep their profitablity?
(I'm sorry I am pretty new to trading bots)

Yes and no - competition increases and so spreads tighten but volume also increases.
For example, I could write a bot that buys at 1% below actual price and sells at 1% above but somebody else runs one that only looks for 0.5%.
Ultimately, when this starts to happen bots begin to become more intelligent to compete.

bitUSD/bitBTC has got to be a big one in need of liquidity. Did you look at the market maker scripts which already exist? I think xeroc wrote a couple?

Cool I think that'd be a good place to start as it could really help us to reinforce to Bitcoin traders that they can trade with us with zero exchange default risk. I've seen a few - will dig into the ones xeroc wrote, thanks!

I want to do my part to help improve liquidity on the internal exchanges. I have been doing what I can from manual trading but am thinking of writing and running a market maker with quite a large spread initially which will gradually tighten.

All of the current featured markets on the internal exchange are AssetX:Bitshares pairs. I know these are important markets but with the recent BTS downtrend/volatility I am quite averse to shorting assets into existence that will be under direct exposure to the BTS price.

Wouldn't it make more sense to start focussing on BitAsset:BitAsset pairs such as:

BitUSD:BitBTC
BitUSD:BitGold
BitCNY:BitGold
BitUSD:BitCNY
etc etc.

Which of these do you think could potentially be the most valuable and traders would want to trade the most? By running market makers on less volatile assets we could easily tighten the spread (of course this would still rely on the supply of BitUSD etc but this does appear to be improving).

Anyone want a job?

Put up a website that tracks the 100% delegates: who they are, what they promised to do, what they've done and what they are doing.

Your job is to shine a light on the delegates.

I and many others will vote you in as a 100% paid delegate.

  This certainly need consolidating. Would also be great to see delegates burning updates on their walls which we would quickly be able to see as a kind of status update in the client?

Awesome post and couldn't agree more  .

I'm completely hooked using the internal exchange now, yes it's a little clunky but the fact that I can execute trades and have them confirmed in 10seconds is amazing. Also just look at some of the work being done by Cass on the UI! http://i.imgur.com/eC0UVnx.png