Calculate potential profitability by simulating Bitcoin transactions such as USD → BTC → BRL → USD. The script currently uses Coinbase's JSON API to fetch USD/BTC and MercadoBitcoin's to fetch BTC/BRL.
Profit is calculated by making the assumption that bitcoin will be bought and sold whithin the shortest time frame possible.
To install bitcheck follow the steps below. If you do not have virtualenvwrapper,
feel free to skip the environment creation step.
git clone https://github.com/cinaglia/bitcheck.git
cd bitcheck && mkvirtualenv bitcheck
pip install -r requirements.txt
python setup.py installUsage:
bitcheck [--investment=I]
[--coinbase=C]
[--mercadobitcoin=M]
[--exchange=E]
[--verbose]
[--cycle]
bitcheck (-h | --help)
bitcheck (-v | --version)
Options:
-h --help Show this screen.
-v --version Show version.
--verbose Print additional data about process.
--cycle Calculate full cycle. Transfer BRL back to USD.
--investment=I Total USD invested [default: 1000].
--coinbase=C Price paid at Coinbase.
--mercadobitcoin=M Price sold at MercadoBitcoin.
--exchange=E Exchange Rate.
$ bitcheck --verbose
Retrieving exchange rates .. took 1.355609 seconds
Bitcheck
==================
Investment: $1000
USD/BRL: R$2.70
------------------
Coinbase
------------------
USD/BTC: $298.40
Fee: $10.00
Total: $990.00
Bitcoin: 3.317694
------------------
MercadoBitcoin
------------------
BTC/BRL: R$879.00
Fee: R$61.23
BRL: R$2855.03
------------------
Exchange Gains
------------------
BRL: R$155.03
Total: %5.43
------------------
This script uses the awesome lib docopt to handle argument parsing, requests
for HTTP requests, as well as gevent for asynchronous requests.
Optionally use virtualenvwrapper to handle dependencies.
- Add support for multiple currencies and exchanges
- Handle request errors
- Add support for parallel HTTP requests
- Add setuptools support