wc-

Yes, decentralized exchanges (dex) are coming and I'm very hopeful.

However, the ones I have looked at / tested so far just aren't ready for primetime. Slow transaction times, lackluster user experience, no liquidity.

But those are all problems that are to be expected for what are basically beta-status projects (at best) and I am excited to see where things go from here.

Yes, very familiar with finex and the bitfinexed guy's warnings / rants / whatever you want to call them.

If counterparty risk is a top concern (and it probably should be) then don't trade on unlicensed exchanges... That rule is great to follow and I haven't even gotten into any usdt tether issues...

This comment is almost like a copy-paste every time some kind of crypto trading article is submitted. I might have missed something in the article / code but this isn't an arb strat? It is just using some moving averages to try to follow a perceived trend in different trading pairs on a single exchange.

Counterparty risk definitely still exists, but it is getting better very quickly with the growth of regulated US-based exchanges like gdax, gemini, and ledger x. In the altcoin world, Bittrex is in the process of fulfilling state-by-state requirements for regulatory approval. The crypto world is very different today from when MtGox dominated and getting even better.

Just like in traditional markets there are all kinds of applications. Some devs might be building tools to assist human traders, some might be working on market making / liquidity providing, some might be working on execution algos for the various funds that have popped up. My ideal product is very different from someone else's, it just depends on what your business model is.

For the follow up question, I would suggest looking at the rise of automated trading in traditional markets. It is an overwhelmingly large % of trades and market activity these days, and I would call the largest financial markets in the world anything but stagnant.

The more players and liquidity in a market, the more efficient the price discovery can be, which I think would be a very good thing for the long term viability of crypto markets.

I guess to summarize, the crypto markets are not much different from traditional markets and getting more similar every day.

This is a decent first-steps guide into analyzing historical trading data. With resources like Quandl, QuantConnect, etc continuing to improve, hopefully we will see more and more people diving into the data.

That being said, the "todos" at the end of this article kind of understate just how much work is left to be done before a strategy like this could be put into production. Ignoring the actual viability of a simple moving average cross signal, you could have the best strategy out there but would never stand a chance without significant time and effort committed to the execution and risk management sides of automated trading.

If building trading systems in the crypto world is something that interests you feel free to reach out to me, company / contact info is in my HN profile.

What you are saying makes total sense and seems reasonable but the reality is the books don't need the sharp action and don't really care about having a perfectly even balance. They will make more money just letting squares fire away at 1.9 or -110 odds and print money. Someone above said it perfectly, having the balanced action via sharp players will reduce variance but will eat into profits, and the books have the capital required to ride out any variance (entire seasons where squares win at a higher than expected rate for example).

edit: the books (at least the ones that open with respected lines, not the ones that copy the big books' lines) DO want sharp action when they are trying to set the right line. They will have a private group of handicappers that get to take shots at the new lines before they are publicly listed for smaller bet sizes, then they open the lines publicly for very small bet sizes. By the time the full bet limits are allowed and the square punter is picking a game 30 minutes before it begins, the books have no more fears.

on the topic of this paper, the arb'ing or picking off "off" lines is kind of a crowded space and opportunities don't last for long. I wouldn't get into it with high expectations of profit.

edit 2: source: i've been heavily involved in the industry on the betting / modeling side for years in the past.

Ok sure, show both then, the maker rebate on some exchanges will open up more opportunities.

All I want is just one "arb opportunity dashboard" to show the whole picture so people don't think they can deposit some btc and start clicking away generating a profit...

Pretty cool site, thanks for showing it. Are you plugged into each exchange's API or using an aggregator?

Taker fees should be shown on all of these potential cross exchange arbs. Exchange withdrawal fees should be presented somewhere as well.

For those looking at this site and seeing the percentages and thinking it's easy money, it isn't. Arbing has become a pretty crowded space and this kind of low hanging fruit is very hard to capture even when fully automated, not to mention the banking logistical issues of using USD (not tether) as a base pair.

If building trading systems in the crypto world is something that interests you feel free to reach out to me, company / contact info is in my profile.

Move your time scales way down and it becomes pretty useful.

Via the OTC trading desks and somewhat private brokers that would be open to you with $300m worth of btc, you would have no problem liquidating $25m or more per day at the current ask. This would require extremely minimal effort, a skype call basically.

Exigent Capital | Chicago | Data Scientists, Python/Go Engineers | Full-time | REMOTE or ONSITE

Market Making / HFT group focused on cryptocurrency markets. Looking for quant / data scientists to find new edges in the market and talented Go/Python engineers to expand the trading platform. Experience in traditional equity markets is a large plus. Fair-market compensation and can offer partner-level equity sharing for right candidate.

Contact hiring+hn ||at|| exigentcapital.com

Copying my post from the who's hiring thread to here. Always been a fan of SC and clearly there were a ton of talented people working there. If you are anywhere along the spectrum of data scientist to data engineer and interested in python and go, shoot me an email.

Short term contract-based jobs are available if you are just looking for something to generate a little income while you explore the market.

Job posting:

Exigent Capital | Chicago | Data Scientists, Data Engineers | Full-time, Contract, Part-time | Onsite or Remote

Market Making / HFT group focused on cryptocurrency exchanges. Looking for quant / data scientists to find new edges in the market and talented Go/Python engineers to expand the trading platform.

Contact wes+hnsc ||at|| exigentcapital.com

These positions are open to remote candidates! The original post was incorrect and cannot be edited anymore.

Under the radar for now | Chicago | Blockchain Engineers | Full-time, Contract | Onsite

We are building a global charity and microdonation platform without the overhead found in traditional charity organizations using smart contracts.

If you are a talented engineer located in the Chicago area looking to make a move into blockchain tech and smart contracts, reach out to wescleveland || at || me.com

Exigent Capital | Chicago | Data Scientists, Engineers | Full-time | Onsite

Market Making / HFT group focused on cryptocurrency markets. Looking for quant / data scientists to find new edges in the market and talented Go/Python engineers to expand the trading platform. We need candidates experienced in traditional equity markets and can offer partner-level equity as well as fair-market compensation.

Contact wes+hn ||at|| exigentcapital.com

It seems like a lot of the teams and companies working in this space are pretty open to remote work.

I'll be making a post in tomorrow's who's hiring thread for July if you are interested!

It is important to clarify that buying one of these tokens does not result in you owning a 'share' or a percentage of the company that issued them. Some lawyers are using this lack of ownership as a critical part of their argument that tokens are not a security and therefore ICO's are legal.

It's complicated and a very gray area right now. In response to this gray-ness, ICO's are now requiring investors to declare that they are not from the USA and some are geoblocking USA residents.

Obviously this means nothing, if a US citizen wants to buy they still will, but it is an interesting case of Cover Your Ass From the SEC taken by the ICO companies.

[Cryptocurrency] isn't a "Ponzi scheme". Even if you believe that investing in [Cryptocurrency] makes no sense, and it's a useless [tech] with no practical purposes, and it's a bubble waiting to burst and so on, that still doesn't make it a Ponzi scheme.

Even if all of those beliefs above were true, it still wouldn't be a Ponzi scheme. As someone else posted in here, Ponzi Scheme has a fairly specific definition which "[Cryptocurrency]" doesn't meet.

Given the proper completion of AML / KYC processes liquidating 1m and withdrawing is pretty painless (although I wouldn't recommend a single market sell) on the major US exchanges.

If the cryptocurrency markets interest anyone here, we are hiring for full time and contract positions for software engineers with python and go experience for market entry/exit algo dev, backoffice P and L dev, and more as well as data science / quant roles. Currently in stealth mode but should be public soon.

Reach out to me at supersquare (at) protonmail.com for more information

If you open an account with Gemini (large, legitimate US-based exchange) and go through their standard AML / KYC processes they will do unlimited USD wire transfers, both incoming and outgoing, for either personal or institutional accounts.

If you go through the standard AML / KYC processes at any of the other US-based exchanges the wire withdrawal limits go up significantly (hundreds of thousands) and there are similar upgrades in withdrawal limits across the major euro exchanges.

Thanks, my current plan is to price out those two options.

I'd change the title to: "Have your MVP publicly facing within 15 minutes with Serverless." IMO takes a lot more care, planning, and implementation details before I'd consider something a truly prod env.

On one hand I think price transparency is nice to see.

But on the other hand this really is a consulting business, they are tough to run, and there might be something important to learn from why consultants do not publicly list prices. The difference between feast or famine might be making sure to capitalize on one fat client in a quarter or even year.

Digital H2O | Experienced Front-End Engineer | Chicago, IL | FULL TIME, ONSITE, http://www.digitalh2o.com/

Digital H2O, a water-focused SaaS company, is looking for talented software engineers to join us in building products to solve the challenge of sustainably managing, monitoring, and forecasting water supply and demand in cost-effective ways.

Digital H2O offers an agile work environment where you can have a large impact on the direction and success of the company. As a Senior Software Engineer you are given the opportunity to own products and features from start to finish, design to delivery, using the best tools for the job at hand. In return we offer a competitive salary, full health benefits, 401K matching, annual bonuses, relocation assistance, a generous paid vacation policy, and more.

There are many products a Front-End Software Engineer has the opportunity to help us build, including:

  - Our water market intelligence platform using Ember.js, Vue.js, Node.js, Javascript, SASS, and more, which enables a comprehensive view into the world of water supply and demand
  - Data visualization and mapping products using Mapbox, Leaflet, Highcharts, and D3
  - iPad and Android tablet applications developed with Ember.js and Cordova
  - Helping shape new and innovative products (and features) that our customers will utilize to optimize their water use

A strong fit for this position will have most of the following:

  - Software development experience building rich, full-featured applications in a modern framework - such as Ember.js, Vue.js, React.js, AngularJS, and Backbone.js
  - Strong background with Javascript and awareness of upcoming ECMAScript standards
  - Solid coding skills and Computer Science fundamentals

Other things we would love to see:

  - An appreciation for well tested code
  - Expertise with data visualization libraries (D3, Highcharts, etc.)
  - Previous experience with mapping libraries (Google Maps, Mapbox, Leaflet, etc.)
  - Tablet development experience with Cordova, Phonegap, or other libraries

Email jobs ( a t ) digitalh2o.com to apply!

+EV Solutions | Senior Python Programmer and DevOps Engineer | Anywhere, Chicago | REMOTE, CONTRACT, PART-TIME

Offering contract, part-time, and potentially full time remote work for experienced python programmer to develop software to automate interactions with websites.

The system consists of a front-end application written in BackboneJS, a backend API written in Python using Flask, data ORM using MongoEngine/MongoDB, distributed workers for interacting with websites using Celery, Mechanize, and LXML, and Ansible for provisioning a cloud environment on Ubuntu servers.

Some Finance/Trading/Econ and interest in sports are a plus.

Requirements:

  -- Significant experience with Python
  -- Experience interacting with websites using Mechanize, Selenium, or similar web scraping libraries
  -- Experience with Ansible, Chef, Puppet, Fabric, or other tools for software deployments and infrastructure provisioning
  -- Experience with MongoDB
  -- Some knowledge of Javascript and Backbone, or related frameworks is a plus but not required
  -- Strong self-driven work ethic
  -- Experience working remotely

Email hiring+hn (at) thenuts.in for more information.

It's been a few years since I took the tour, but I think the staff largely did just kind of get up and walk away. People stuck around for a few days but slowly stopped showing up as they realized there wasn't any need to hide in the bunker anymore. This allowed the bunker to be preserved largely as it looked while in-use, which was my favorite part to see.

I guess I was responding to the parent with ideas and links to use 'in case of emergency'. It isn't trivial, but some of these tools in conjunction with AWS make it possible to do alone, which I think is pretty cool. Alerting? Cloudwatch + PagerDuty gets me somewhat there.

If you are just using heroku to run a process it is pretty easy to rebuild on AWS. Here is one fairly solid guide: http://blog.clearbit.com/ec2-heroku/

Depending on what language you are using google's app engine could be a quick replacement.

http://rogerstringer.com/2015/05/13/make-your-own-heroku/

https://github.com/buttfoundry-community/bosh-buttfoundry/bl...

Another HN thread: https://news.ycombinator.com/item?id=4183634

I'm not a big fan of docker for a few irrelevant reasons but using it w/ heroku makes it very easy to migrate to other container hosts.

edit: the founder of Flynn replied to parent as well, that is also a great alternative that I forgot to include.

Someone more familiar with this than me feel free to correct me here, but this is my basic understanding:

If you think of your bitcoins as following a path from address to address, the pruning process would retain the final node or two on that path but discard any previous nodes. So your 10 year old bitcoins at address X are still the most recent node on that chain and are kept around. However, once they are finally sent to another address the bits recording your current address can be forgotten.

Digital H2O | Chicago, IL | http://www.digitalh2o.com/ | Full Time | ONSITE

Digital H2O, a water-focused SaaS company, is looking for talented software engineers to join our Front-End Dev team in building products to solve the challenge of sustainably managing, monitoring, and forecasting water supply and demand in cost-effective ways.

Digital H2O offers an agile work environment where you can have a large impact on the direction and success of the company. As a Senior Software Engineer you are given the opportunity to own products and features from start to finish, design to delivery, using the best tools for the job at hand. In return we offer a competitive salary, full health benefits, 401K matching, annual bonuses, relocation assistance, a generous paid vacation policy, and more.

There are many products a Senior Front-End Engineer has the opportunity to help us build, including:

  - Our water market intelligence platform using Ember.js, Node.js, Javascript ES2015, SASS, and more, which enables a comprehensive view into the world of water supply and demand
  - Data visualization and mapping products using Mapbox, Leaflet, Highcharts, and D3iPad and Android tablet applications developed with Ember.js and Cordova
  - Real-time and predictive analytics designed for industrial water data from remote monitoring sensors, including water quality data, pump sensor data, and even working with license plate capturing technology
  - Helping shape new and innovative products (and features) that our customers will utilize to optimize their water use

A strong fit for this position will have most of the following:

  - Software development experience building rich, full-featured applications in a modern framework - such as Ember.js, AngularJS, React.js and/or Backbone.js
  - Strong background with Javascript and awareness of upcoming standards such as ES2015/ES2016
  - Solid coding skills and Computer Science fundamentals
  - Excitement for the code you write, and willingness to work hard at making it maintainable for your future self as well as your colleagues on the engineering team
  - An understanding of CSS, HTML5 standards and guidelines
  - Passion for building pixel perfect sites with cross browser functionality

Other things we would love to see:

  - Familiarity with Backend solutions, especially Node.js and Python
  - An appreciation for well tested code
  - Expertise with data visualization libraries (D3, Highcharts, etc.)
  - Previous experience with mapping libraries (Google Maps, Mapbox, Leaflet, etc.)
  - Tablet development experience with Cordova, Phonegap, or other libraries

Email wcleveland ( a t ) digitalh2o.com to apply!