BitShares Forum

Main => General Discussion => Topic started by: clayop on February 04, 2016, 04:23:12 am

Title: KKachi is on OPEN.ETH:OPEN.BTC market!
Post by: clayop on February 04, 2016, 04:23:12 am
Kkachi (magpie) is a real-time bot that provides liquidity to OpenBTC-based market with lower spreads.
If you want to trade BTS with BTC, use OpenBTC and Kkachi! You don't need to move your BTS to Poloniex or other exchanges, and do not have to wait for super long 50 confirmations hoping that the price not changes much.

Kkachi now supports real-time price detect, multi-currency, and multi-bracket order. It seems quite busy because it's real-time and has price sensitivity because of low spread.

Compare the price with other exchanges and decide. I'm pretty sure that Kkachi will provide you with great service and good price.

It will provide OPEN.ETH - OPEN.BTC market when available. So stay tuned!
Title: Re: Real-time Market Making Bot Kkachi is Live on OpenBTC Market
Post by: tonyk on February 04, 2016, 05:46:08 am
Kkachi (magpie) is a real-time bot that provides liquidity to OpenBTC-based market with lower spreads.
If you want to trade BTS with BTC, use OpenBTC and Kkachi! You don't need to move your BTS to Poloniex or other exchanges, and do not have to wait for super long 50 confirmations hoping that the price not changes much.

Kkachi now supports real-time price detect, multi-currency, and multi-bracket order. It seems quite busy because it's real-time and has price sensitivity because of low spread.

Compare the price with other exchanges and decide. I'm pretty sure that Kkachi will provide you with great service and good price.

It will provide OPEN.ETH - OPEN.BTC market when available. So stay tuned!

well, that is cool.
But Open.XXX (aka openledger is as closed, and as stupid as it gets)... you being their liquidity provider is...OK
I mean all we get is Ronny coming out with some nonsensical statement when he decides to do so.... He even bought some obituaries (OBITS) at some prices...you know. No reason why but with pictures (and all is good if there are pics)

I mean any smart coins trading coming anytime soon or huhu nono?
Title: Re: Real-time Market Making Bot Kkachi is Live on OpenBTC Market
Post by: karnal on February 04, 2016, 09:35:41 am
I mean any smart coins trading coming anytime soon or huhu nono?

My thoughts exactly. I don't want to hold 3rd party UIAs, might as well leave them at MtGox then.
Title: Re: Real-time Market Making Bot Kkachi is Live on OpenBTC Market
Post by: clayop on February 04, 2016, 09:46:20 am
I mean any smart coins trading coming anytime soon or huhu nono?

My thoughts exactly. I don't want to hold 3rd party UIAs, might as well leave them at MtGox then.
If there's a BTC gateway with flat fee, Kkachi can make bitBTC markets. Potentially Kkachi algorithm can be used to (T)CNY-BTS market thanks to transwiser.
Title: Re: KKachi is on OPEN.ETH market!
Post by: clayop on February 10, 2016, 03:19:10 pm
Finally, Kkachi got some OPEN.ETH and began to make OPEN.ETH:OPEN.BTC market.
He's also making BTS:OPEN.BTC market too, so you can convert your BTS into OPEN.ETH without any difficulties.

Please check it out  8)
Title: Re: KKachi is on OPEN.ETH:OPEN.BTC market!
Post by: lil_jay890 on February 10, 2016, 03:33:16 pm
Nice job clayop
Title: Re: KKachi is on OPEN.ETH market!
Post by: noisy on February 10, 2016, 06:39:21 pm
Finally, Kkachi got some OPEN.ETH and began to make OPEN.ETH:OPEN.BTC market.
He's also making BTS:OPEN.BTC market too, so you can convert your BTS into OPEN.ETH without any difficulties.

Please check it out  8)

markets like OPEN.ETH:OPEN.BTC are simple ...  was mtgox offers years ago. They depend on trust to some third-party. Bots should be on trades like bitBTC:bitCNY. There is only way to make a truly decentralize trustless exchange. What you are doing is making bitshares even more confusing for newbies.
Title: Re: KKachi is on OPEN.ETH market!
Post by: dannotestein on February 10, 2016, 07:19:46 pm
Finally, Kkachi got some OPEN.ETH and began to make OPEN.ETH:OPEN.BTC market.
He's also making BTS:OPEN.BTC market too, so you can convert your BTS into OPEN.ETH without any difficulties.

Please check it out  8)

markets like OPEN.ETH:OPEN.BTC are simple ...  was mtgox offers years ago. They depend on trust to some third-party. Bots should be on trades like bitBTC:bitCNY. There is only way to make a truly decentralize trustless exchange. What you are doing is making bitshares even more confusing for newbies.
The UIA offerings on the DEX are not the same as mtgox markets. At the very least, there's a fundamental difference in a system where the "supply" of the UIA is a publicly available number that can't be obscured. Another important difference is that "anyone" can create a UIA and markets are automatically available between that UIA and all other assets in the system. I understand your desire for a trustless asset, but please don't let that blind you to the vast differences between what we have  in BitShares and a traditional centralized exchange.
Title: Re: KKachi is on OPEN.ETH market!
Post by: Ben Mason on February 10, 2016, 07:26:15 pm
Finally, Kkachi got some OPEN.ETH and began to make OPEN.ETH:OPEN.BTC market.
He's also making BTS:OPEN.BTC market too, so you can convert your BTS into OPEN.ETH without any difficulties.

Please check it out  8)

markets like OPEN.ETH:OPEN.BTC are simple ...  was mtgox offers years ago. They depend on trust to some third-party. Bots should be on trades like bitBTC:bitCNY. There is only way to make a truly decentralize trustless exchange. What you are doing is making bitshares even more confusing for newbies.
The UIA offerings on the DEX are not the same as mtgox markets. At the very least, there's a fundamental difference in a system where the "supply" of the UIA is a publicly available number that can't be obscured. Another important difference is that "anyone" can create a UIA and markets are automatically available between that UIA and all other assets in the system. I understand your desire for a trustless asset, but please don't let that blind you to the vast differences between what we have  in BitShares and a traditional centralized exchange.
well said and quite right....
Title: Re: KKachi is on OPEN.ETH market!
Post by: karnal on February 10, 2016, 08:59:42 pm
Finally, Kkachi got some OPEN.ETH and began to make OPEN.ETH:OPEN.BTC market.
He's also making BTS:OPEN.BTC market too, so you can convert your BTS into OPEN.ETH without any difficulties.

Please check it out  8)

markets like OPEN.ETH:OPEN.BTC are simple ...  was mtgox offers years ago. They depend on trust to some third-party. Bots should be on trades like bitBTC:bitCNY. There is only way to make a truly decentralize trustless exchange. What you are doing is making bitshares even more confusing for newbies.
The UIA offerings on the DEX are not the same as mtgox markets. At the very least, there's a fundamental difference in a system where the "supply" of the UIA is a publicly available number that can't be obscured. Another important difference is that "anyone" can create a UIA and markets are automatically available between that UIA and all other assets in the system. I understand your desire for a trustless asset, but please don't let that blind you to the vast differences between what we have  in BitShares and a traditional centralized exchange.
well said and quite right....

End result is the same.. 3rd party goes, YOUR money goes.

I don't think it's an improvement in this case. But good initiative @clayop, I'll stay tuned for when the bot trades smartcoins.
Title: Re: KKachi is on OPEN.ETH market!
Post by: Ben Mason on February 10, 2016, 09:11:07 pm
Finally, Kkachi got some OPEN.ETH and began to make OPEN.ETH:OPEN.BTC market.
He's also making BTS:OPEN.BTC market too, so you can convert your BTS into OPEN.ETH without any difficulties.

Please check it out  8)

markets like OPEN.ETH:OPEN.BTC are simple ...  was mtgox offers years ago. They depend on trust to some third-party. Bots should be on trades like bitBTC:bitCNY. There is only way to make a truly decentralize trustless exchange. What you are doing is making bitshares even more confusing for newbies.
The UIA offerings on the DEX are not the same as mtgox markets. At the very least, there's a fundamental difference in a system where the "supply" of the UIA is a publicly available number that can't be obscured. Another important difference is that "anyone" can create a UIA and markets are automatically available between that UIA and all other assets in the system. I understand your desire for a trustless asset, but please don't let that blind you to the vast differences between what we have  in BitShares and a traditional centralized exchange.
well said and quite right....

End result is the same.. 3rd party goes, YOUR money goes.

I don't think it's an improvement in this case. But good initiative @clayop, I'll stay tuned for when the bot trades smartcoins.
true, so anything that increases  your ability to assess or limit risk is positive. Don't you think?
Title: Re: KKachi is on OPEN.ETH:OPEN.BTC market!
Post by: merivercap on February 10, 2016, 10:27:21 pm
 +5%

Great job @clayop!  I see a lot of potential of this being used in many markets.
Title: Re: KKachi is on OPEN.ETH:OPEN.BTC market!
Post by: clayop on February 11, 2016, 12:49:41 am
Thanks for all kind words!

Durumi is under testing on OPEN.ETH:BTS market. Get ether with your BTS!
Title: Re: KKachi is on OPEN.ETH:OPEN.BTC market!
Post by: openledger on February 11, 2016, 12:59:36 am
https://bitsharestalk.org/index.php/topic,21410.msg278340/topicseen.html#msg278340