3 ms·
From the README: >> your maximum loss on an exchange won't be >> greater than $xx no matter what. Unless I'm misunderstanding; the bot sells short on one
by jluxenberg 9y ago
From the README:
>> your maximum loss on an exchange won't be
>> greater than $xx no matter what.
Unless I'm misunderstanding; the bot sells short on one exchange and buys on the other. If there was a bug where it didn't cover the short sale with a long buy, and Bitcoin price goes up, you'd be liable for the increase in price.
- jluxenberg 9y agoAnd here's an instance of this very bug! https://github.com/butor/blackbird/issues/348 https://github.com/butor/blackbird/issues/348
- tomaskafka 9y agoAnd they will always happen - once you send a first transaction of the pair, if anything goes wrong (eg. overloaded exchange timeouts on API call) with the second one, there is no undo.