[Bounty] 160,000 BTS for an instant exchange arbitrage bot

[monsterer]

What is the CC? is it a open source project ? seems interesting

CC?

The bounty is for this to be open-source - the idea being anyone can and should use it.

[lastagile]

What is the CC? is it a open source project ? seems interesting

[xiahui135]

there are several instant exchange bot in Nxt forum.  they can do arbitrage between different exchanges.
why not talk to them, and do something together?

[monsterer]

@monsterer - with ME api is there a method to lock in an exchange rate other than buying off the order book? are order prices locked in once a pending TX has been seen or order price calculated once the TX has been accepted into a block and processed?
also is there an ability to create a withdraw with a memo e.g BTS deposits go to an account with a memo so if i wanted to go BTC-BTS(ME) -> BTS-BTC (SS) it would require me to create a withdraw on ME including a memo provided by SS.. or am i missing the point and we are actually trying to go the other way BTS(wallet) -> BTS-BTC(ME) -> BTC-BTS(SS) ->Wallet.

There isn't a way to lock in the rates - you just have to hope the price doesn't move so fast in 7 mins for a buy order - sells are generally much faster. Sell orders go to a BTC address, so no memo is possible. Buy orders have to use our memo, obviously. Not sure you actually need what you are asking for?

[GChicken]

BitShares and BitUSD are currently offline at shapeshift.io

any hints as to if blocktrades.us has an unofficial API?

whoa, this is worrisome...anyone have an idea why??? i'm going to reach out to their customer support. has anyone already done that?

Don't let it bother you too much. We've been handing out the API to anyone who wants it, we just don't have it officially published on the site because of upcoming minor changes to it. Once we've released those changes (should be in the next few days), we'll publish an extremely well-documented system for the API (better than the one's we've had to wade thru for the exchanges we're hooked up to).

Agreed sometimes people dont make it easy - could you point me in the right direction for the api docs if they are available, or send me a PM with where i might find them. - Thank you

[GChicken]

@monsterer - with ME api is there a method to lock in an exchange rate other than buying off the order book? are order prices locked in once a pending TX has been seen or order price calculated once the TX has been accepted into a block and processed?
also is there an ability to create a withdraw with a memo e.g BTS deposits go to an account with a memo so if i wanted to go BTC-BTS(ME) -> BTS-BTC (SS) it would require me to create a withdraw on ME including a memo provided by SS.. or am i missing the point and we are actually trying to go the other way BTS(wallet) -> BTS-BTC(ME) -> BTC-BTS(SS) ->Wallet.

also I noticed you were selling BitUSD for .55 cents per BitUSD good price although was only for ~30 seconds... BTC-BitUSD exchange did not process at that price - but would be interested to know what made the price display so low(API and Website displayed the same price) (Screenshot - http://imgur.com/09OomRI)

I would like to build this but cant get my head around all the order types and processes. e.g SS will only give you a good price if you fix the amount to be deposited otherwise the rate is pretty bad. on that note you seems to have very competitive price every time i update so kudos for that!
Price Comparison: http://imgur.com/z42sgGm

[EstefanTT]

btw, when do i become a Jr member??

At 50 there is a change but I don't remember which.

[monsterer]

Bounty increased to 160k BTS

[GChicken]

updated the api call to Poloniex to take in more data, so now the pic below has full orderbook data from Poloniex, bter and bittrex combined.

http://imgur.com/tnDeoZa

[lakerta06]

btw, when do i become a Jr member??

After some number of posts I guess. But dont spam, spams are deleted

[monsterer]

Please note: this bounty is not for a general arbitrage bot, but a specific one which works with instant exchanges: shapeshift, metaexchange and blocktrades.

shapeshift and metaexchange both support NXT as well as BTS.

[GChicken]

btw, when do i become a Jr member??

[GChicken]

Hi Guys,

Just revisiting this and found that SS is still offline , has anyone contacted their support?

Liquidity doesn't look too bad from what i see on the centralized exchanges
http://imgur.com/gj2j9D1

*Poloniex is only feeding me 10% worth of buy/sell data (that's why sell volume looks a bit flat from 10-30%) but that also mean that between bter and bittrex (which provide there whole order book) that there is 9BTC worth of buy pressure  between 10-30% and barely any sell pressure

[monsterer]

I would recommend writing a plugin for MetaExchange, CCEDK, and BitShares for Xchange
https://github.com/timmolter/XChange

I'm not sure it will be possible to integrate with that library, as it's for authenticated type exchanges. Also, we need something which can connect to local wallets and send funds.

[xeroc]

I would recommend writing a plugin for MetaExchange, CCEDK, and BitShares for Xchange
https://github.com/timmolter/XChange