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Comment by rolltiide

One redeeming quality of cryptocurrencies existing is that all the exchanges have REST compliant APIs and real time data available for free

The finance sector’s biggest meme for the last decade and a half was that PhD quants were required to program trading algorithms when really a single exchange cost $12,000 a month for real time data, it came with horrible documentation, support, antiquated protocols, FIX, and then you had to figure out how to co-locate your own server to connect to the exchange fast enough to prevent front running

The gatekeeping is what kept this specialized for the most part

parent rolltiide 7 years ago

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