I’m not familiar with that in particular. I made mine myself and wrote my own algorithm that’s a lot simpler (note: the volatility of crypto allows for this but you have to have some balls) than bs based on “moving average” or whatever. To answer your question: yes and no. It depends on what your goals are. The aforementioned liquidity problem will still happen in a **** storm. If you have faith in bitcoin and crypto in general to rebound (which I do) you can use an API to catch a bottom (let me clarify this will still mostly only be on particular alts that you have to predefine based on your standards) a lot easier. Also, as I recall: you were one of the few who hit big on ANS too before it became NEO. I bought that the first time at $1.2 and got rid of it around $12. Then I rebought around $6 and sold at $10. Huge mistake though as it bounced down a bit to around $8 (I was waiting until a little lower to pick it up) and then ballooned to $16 and eventually $60. I still got an awesome gain on it. But obviously not the x50 insanity I could have had. Of course eventually NEO went back down to $17 last month. So I picked it back up because it’s a good long term investment. Just highlighting a particular problem in my methodology.
Lol you'll be anally destroyed in this sphere unless you're totally integrated. I'll be on wave 2 & 3, won't stretch myself without tools. I'm not trading the NYMEX here on my work platform. SIL
Even using the API, I don't see how you'd be able to avoid slippage or just outright getting screwed on a trade where they fill at completely oddball prices since whether you're using the API or their website, they all are probably going to end up at the same order execution/matching engine on the backend. The one thing you may be able to avoid by using the API is the frontend website crashing, so I guess there's that ... I still don't trust trust stop trades much on these exchanges yet. I don't think any of them are built out for the volume they're getting during peak times. And then even if you don't have open orders sitting there and just want to log in and dump whatever @ market, you can't even get in. So then you use your API and hell, their matching engine may even be swamped to the point you were probably better off not selling or buying. In any case, it should be interesting from here on out with bitcoin. The "I told you so" crowd is ready to shove crow down the "I'm rich, b****!" crowd's throats and vice versa.
Jesus Christ : From http://www.businessinsider.com/bitc...n-under-3-hours-on-coinbase-site-down-2017-12 The price of bitcoin on Thursday was all over the place, with various exchanges showing significantly different prices — some more than $1,000 apart. The immaturity of the bitcoin markets has often created price discrepancies, which would be unheard of elsewhere on Wall Street. At 12:48 p.m., for instance, bitcoin was trading at $19,141 a coin on Bithumb, an exchange in South Korea. At the same time, it was trading at $14,573 on Bitfinex, based in Taiwan.
You’re absolutely right. I clarified my post on the top of this page. What I meant was 3 fold in assumptions: 1) If you are a crypto backer and believe in it medium-long term 2) if you can stomach sitting on the sidelines during periods of extreme (extreme to even crypto standards) volatility (read: gains) 3)if you have predetermined certain alts that you have faith in. Then: You can use an API to get as close to a floor as possible on particular cryptocurrencies.
Yep, that was almost too easy. Party of the reason why Summer 2017 seems like a blur now. Good times. I can’t remember when it was that I gambled big on Digibyte this past summer, but the L that I took there was nearly just as big.
Yikes. I put in a bit on digibyte after it fell from .06 all time high to .03 because i thought it had one more bounce up due to all the people holding who bought way too high. Anyway I was stuck holding a bag for a few days and ended up unloading at .04 or something and jumping to eth. Good thing because it fell down to like .01 later. No idea what that’s at now. My digibyte was bitcoin cash. :/
I've gotten a good stock of ETH and LTC, recently. And even from this summer. LTC has been good, both have been good. I intend to continue to buy and hold these progressively. SIL
This has nothing to do with the current convo, but curious whether you are a professional programmer or a hobbyist? I remember quantitative analysis jobs being very popular as a career path when I was in uni.
Ya'll leave @DudeWah alone, he's just trying to get people to sell so he can buy the dip. Respect the hustle!
Alts went down 25%-100%+ within the last 3 hours so I already bought my dip. That’s irrelevant to my earlier posts though. Keep on hanging on to cliches and buzzwords.
BTC, and then the ones you and a few others mentioned iota/eth etc, sorry on all the questions, I have been reading up but wanted to make sure I was using decent spots. And then my last questions... Hopefully... is there a decent software wallet to start w/ or is hardware absolutely necessary, not starting w/ tons of investment just playing around. And how long is delay to put crypto back on exg if doing trading? I guess that's my holdup is moving crypto between wallets if I wanted to immediately exchange sell and for dif crypto coin/cash, not worried on time from wallet/exg to bank. I know we talked about a few of these, but was concerned if I ever get more involved later not to make silly mistakes or pay too much for exchange services. Just wanted to make sure I wasn't screwing up, trying to get caught up from all the time I procrastinated..
As much as we all enjoy your douchey "I know better than all of you" internet show, I think it's time to give it a rest. TIMELINE: -Someone disagreed with your "hot take" that Bitcoin was going to pop soon. -Somehow, this triggered the full-douche in you, which led to your great "I guarantee I have a much better understanding" line. -Literally, in the same rant, you said "Of course, who really knows. We’re in completely uncharted territory here." WTF? lol. Sh*t man, four years ago you were on the high horse telling people they missed the boat on bitcoin! Get off the internet and go back to your island mansion you early-adopting-genius! Dude. Wah. I respect your opinion. It's a popular one shared by a lot of people. But even you admit hat nobody really knows what will happen. Don't be so grumpy brah. I was trying to break up your pettiness with @tallanvor with humor, but don't come at LTF-the-weak-handed-FOMO-HODLer like that homie!
A little misleading since Koreans have to pay a huge premium to buy Bitcoin. But they are right there are a lot of differences in prices on all exchanges and vary up to a few hundred bucks. Just depends on the amount of traffic and people buyings since there isn't a central exchange. Just look at Coinbase which is connected with GDAX (you get an account instantly when you open coin base and they are linked) You can buy BTC there for lets say 17,000 but on Coinbase it's 17,300 because it's so easy it's almost a convenience charge.
