Bitcoin Forum

eeeeeeeeeeeeeeeeeeeh

Cool stuffs. I'm already following on Twitter. I noticed the last last liquidation tweet report was over an hour ago. I thought the tweets are updated every 30 minutes. That notwithstanding,  I'd to see Binance as one of the first exchanges to get supported and maybe more bitcoin cap coins even if it's just ETH and XRP. Aside from that, Imgood with the bot. Don't forget to add what exchange the liquidation is taking place (This is a feature you should consider when there is more than one exchange supported.).

It's not updated every 30mn.

It's a rule to avoid spam, so users can enable notifications. I don't know if you follow dumb bots like whalecalls or bxrekt, but they blindly post every liquidation, which makes enabling notifications a nightmare.

So here it will aggregate every liquidation it finds, accross EVERY supported contracts (for now, bitmex, soon to come, okex, then we'll see.) it will (weighted) average the liquidation. if threshold is met within 30mn -> it will tweet. If not, it will stay quiet.

Example:

Threshold is $5m
Timer is set to 30mn

                               XBTUSD short liquidation for $5000 (threshold is not met) at a price of 9000
1mn later we have a XBTZ liquidation for $1m (1,005,000) at a price of 9150
5mn later we have a XBTH liquidation for $4m (5,005,000 count) at a price of 9300

threshold hits within 30minutes, it will post a notification that $5,005,000 shorts have been liquidated at average price (averaging by weight 9000-9150 and 9300)

OR

                               XBTUSD short liquidation for $5000 (threshold is not met) at a price of 9000
1mn later we have a XBTZ liquidation for $1m (1,005,000) at a price of 9150
30mn with no liquidation. Timer resets.
5mn later we have a XBTH liquidation for $4m at a price of 9300 -> count is $4m, threshold is not met. no post.

To see the liquidations on a trading view chart you'd need to load (xbtusd+xbth+xbtz)/3.

I hope I've been clear enough.

We are currently testing and we'll be adding new exchanges so $5m threshold is provisory and it will obv grow bigger with more exchanges tracked.

Cheers

edit: We have no plans to add any shitcoins, or maybe later on sub accounts. Our focus is really to have a bot that gives proper twitter alerts. If it posts then something is happening.

Uh, I suggest you to change the tittle from "another" to "better"

Also buddy, I think this thread is better to be on project development section. You could get more suggestion for the development of the project there.

Cool suggestion. I'm posting in dev and changed the title.

I hope you'll find it useful.

Cheers

great idea. i hate whalecalls---it's just a never ending stream of mostly useless spam. there's no curation of the data whatsoever. i can already tell by looking at the last several hours of feed that this will be much more useful.

followed and shared!

Thanks for that. I hope we won't disappoint. We need some time to make more exchanges available and find them sweet settings.

The data is averaged so you will lack of precision, but looking at whalecalls or bxrekt "precision" makes you go dumb, that's why we created this monster.

Sharing around would help a lot as I don't have many social accounts to advertise it. Working for more people would motivates us more I guess.

Cheers

wanna help?

Follow https://twitter.com/RektIndex (https://twitter.com/RektIndex)

& give us upvotes:

https://coinscribble.com/yet-a-better-twitter-liquidation-bot-rektindex/27583/general/47/

https://www.reddit.com/r/Bitcoin/comments/dtdl4v/we_made_a_twitter_liquidation_bot_rektindex/

Cheers guyze  ;D

Are you the creator of the previous BitmexREKT on the twitter? I follow them before be ause it's entertaining to watch how many got liquidated. I thought there twitter got removed because it's too much savage. I will be happy to support you guys. I hope that you consider bybit too.

No it's not us.

The old bitmexrekt is now rebranded as @BxRekt

But there's no filters whatsoever. Enabling notifications on their feed will make u mad.

The goal here is to have your phone ringing when shit happens. Not just anytime like with other liquidation bots.

For exchanges addition we will focus on the main. We have a private testnet on a private discord so we won't push until we confident we won't bother our users with random bugs or missing data or poor threshold settings.

If the twitter account get traction we'll see for exchanges addition request. In all case we plan to MERGE all exchange in one feed, with one average price. The goal is to track as much liquidity as possible.

Thanks for the support, cheers

Case study:

https://twitter.com/RektIndex

https://i.imgur.com/6dErrUY.png

VERSUS

https://twitter.com/bxrekt

https://i.imgur.com/EJpOnVM.png

I'm just sayin' ;D

all you're missing now is @BXRekt's obnoxious "BEYOND GODLIKE" and "triple kill" comments! :P

(please don't add anything like that....)

and what about gay jokes?

I mean. I NEED FOLLOWERS BRA.  ;D

Cheers

Threshold raised to $8m.

Threshold was too high we missed some shorts liquidation.

We're working on an auto threshold feature... yeet!

follow https://twitter.com/RektIndex_Stats for daily stats, and later moar. (don't enable notification though, it's useless there)

We currently working at dynamic threshold  ::)

i didn't anticipate that chinese press release lol

thanks to the guy that made it  ;)

https://0xzx.com/201911161337369846.html

have a good week end boize

its still here guyze  ;D

up ^^

we've added bybit.
binance is next (very soon)

Binance and Okex were added today.

Soon more cool features o/

 ;D