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antonwinter

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thanks for all the great insite into the numbers on your site.

its amazing to see an indie marketplace actually take off. congrats to you and your hard work.

i already follow the places that you get these photos from ( unsplash and the others you have listed on your site ). Of course they provide them absolutely free without any restrictions.

It would be cool if you can add more value as the middleman to compel me to subscribe. not sure what that might be of course seeing as the images are essentially already curated by others on their sites.

Perhaps some original content as well would make a difference.

we used this on a project. it works pretty well.

a few obvious, but ok issues are.

1) if the person uses a computer where they dont have access to their email its a problem

2) the person forwards the link to others to use

3) sometimes emails get delayed

lastly a less obvious issue

4) people expect to use username/password, which means most of the users we had, had to be educated on how to log in. even when it clearly said what they had to do.

Just an update on the product launch.

I've got a handful of sales coming in which is great. Mostly driven by a post on the bitcoin forum.

People there are certainly raising the trust/hacking issue. I am being open and honest with them and trying to communicate in a responsive manor. Maybe honesty, responsiveness and time will be the key.

yes, i am running it myself and making a profit, but as i mentioned (in another post) it is a small amount. currently it is about $1 a day with a very small risk. it may grow, but that depends on volume or volatility growing at cex. the profit is directly tied to volume and volatility.

in terms of the risk. triangular arbitrage is in "theory" safe. in that it ONLY trades when there is guaranteed profit. in practice what happens is that other automatic trading bots can place the trade faster than your bot which means you have to wait for the trade to complete. the other risk is that there can be a network problem. the triangular arbitrage needs 3 trades to complete, if only 2 complete and the network goes down, you can be left scrambling to fix that last trade. both the risks seems to be fairly managable from the 1 month or so that i have been successfully going.

so why am i trying to sell it? if i can get $50 straight up rather than wait i will do it. also, "quant trading" from the real world stock market is way way advanced on what this app does, so i have plenty of new trading bots to create and in some fantasy land of mine i would love to be the guy that created the first set of software for it on the bitcoin market

thanks for the input cryptolect

@fabulist, thank your for taking a look and giving real feedback. it is very much appreciated.

in no particular order, the questions you have raised.

Why 6 seconds. cex has a 600 requests per 10 minute limit on their API otherwise they ban the caller. i make sure that I am under that

I already know that others are using triangular arbitrage, in the stock market and I suspect they are also doing it on cex, otherwise I would be getting large numbers of profit opportunities rather than say 20-60 a day i am currently getting. So others doing something similar cant be controlled.

out of date opportunities i am thinking of doing. i can simply report every arbitrage i find to let people see what is happening. Although currently the trial which doesnt need people to even sign up or use cex shows it live as it happens.

I think you are also right into going into the math/detail. originally i have been thinking about keeping it fairly "high" level because most won't want to learn the math, but it may give them a greater sense of it being a real opportunity

thanks again fabulist