Bitcoin Forum

Which is the minimum amount of Bitcoin that I can invest? And the maximum?   ???

How the trade system do a trading?
It's automatically buy/sell? And directly do an action on our bittrex account?
Why need our 2FA, which it's the one of important key to login into our account?

Where links website on your project dev? I did not see it on the main page. I want to know how performance your project. seems very interesting if following the progress of this project. all right. hope success.

Would like to see your automated trading system in action live. Can you provide some demo accounts to check how it works ?  8)
Also, a video walkthrough of your system making profits on automation would be a good option to show how it works.

Thank you for your reply!
Also could you please explain to me how it works the lock-in profits level? ???

It is amazing, With the use of some kind of robot to do a trading, Well for now i think it will be able to replace some of the existing trading tool or market.

Would like to see your automated trading system in action live. Can you provide some demo accounts to check how it works ?  8)
Also, a video walkthrough of your system making profits on automation would be a good option to show how it works.

Thank you.
Also, how can I connect my exchanges with your platform?  :-\

How much about the total supply?
I can't see any detail about the coin.
if it's basic on the Etherethum Blockchain?

Hello,

The token in not an ethereum based token but it runs on a unique blockchain created with MultiChain technology. The token belongs to the coloured algorithm.

The total BMYC issued are 10 Million, and we the initial supply for the ICO will be 3 Million.

I will post some other updates regarding this topic soon! :)

Very similar to trading robot. I understand correctly that in order to do exchange on exchanges, you need to be registered to them to work through your application?

Why one will want to go through this process when in presence of Shapeshift and Changelly these things can be done hassle free way. I may be missing some part to understand that's why my question is this regard to understand it better way. I hope you will indicate the advantages for people like me to have idea about this system you are going introduce.

ok ,I had reserved this thread,and I would follow your project.
if you need the Chinese translation,I can finished it ;)

reserved for updates.

A system for buying and selling automatically is a thing of concern - will it be intelligent enough to bring profits for me ? I would like to see it in action in a video  demonstration, which will help many people here to understand how it works.

Hello,

You can check out our leaderboard where all of our traders are listed showing the results of their trading strategies.

Regarding the video, I would invite you to watch our videos on our YouTube page :)

I am on your leaderboard but I can’t  find the amounts that the people invested on your platform. How can I be sure that I won’t loose my money on bigger investments? Anyway it seems not bad and I’ll probably give it a trial.

The explanation is well exposed in the main post of the thread.

BmyBit allows 3 different strategies that run in different ways. The strategy that you can currently start is the Static one. The static strategy automatically buy and sell according to your expectations of profits and risk level.

You can choose whether to activate the 2FA or not. As you will share your API keys with us, we would like you to activate the 2FA in order of keeping your information safe. 

Can not buy STRATEGIES alone?

The Dynamic trading strategy coming in December sounds great! I think it will be much better than what we are using now. Keep up the GREAT work BmyBit team!

Burtscoin  :o

Hello, do I have to be connected with a minimum number of exchanges to start trading or one is enough?  ???

Hey All

One of the members from my Community found this project and its been working a treat! there are about 10 of us using it now and all in about 5%-10% profit already, really easy to use!

Hello, there are more advantages or disadvantages if I set a low lock-in profits level?  :'(

Hello,

1 exchange is the minimum for the static and dynamic strategies. If you want to use the Arbitrage you need to have at least 2 exchanges connected. My suggestion to you is to start with the static strategy which is the easiest-to-use and then decide whether to use the other algorithms or not.

In any cases, Arbitrage is still in beta test and dynamic strategy will be released on December.

Thank you! Also how many strategies can I start at the same time?

Hello,

it always depends on your willingness to risk your invested capital. The higher the % of the lock-in, the higher the risk of being victim of the volatility in price of the asset... but our users experienced profits for over 200%, therefore this is just up to you BTC

If you have any other doubts, feel free to ask. I wish you a profitable day!

Thank you for your reply. And how to choose a good currency? Any good advice?

Depending by the package you'll decide to purchase, you can run from 10 to 20 strategies at the same time. If that's not enough, you will be able to increase the number of strategies to run simultaneously :)

That's good! But  why with the risk parameter I can't go lower than 25%?

Although choosing a "good" asset is not only a numerical matter (I invite you to check the Team and the purpose behind the projects), we offer several indices like the standard deviation related to the price of the pair. We also provide 6 different forecast analysis that might help you choosing your good investment.

My only advice is to think twice when investing in assets with a very low volume. Sometimes those assets crash.  :'(

Please let me know if I can help with other info! Have a profitable day!




Thanks!
But what if a currency collapses?

Thanks!
But what if a currency collapses?

It's a great project, with it we could done any trading with ease and very minimum losses chance since the system already been developed for that kind of possibility.

Due to the high volatility in price of the digital assets, and because we want to be totally fair and transparent with our users, we can't you trade with a lower % of risk. There is always a big chance that the price of the assets can drop and rise so quickly that less than 25% of risk means just losses.

I hope that this makes sense to you.

Yes thanks. And why the minimum profits is different per each currency?

Well, you will inevitable score a -100%  :'( It happened to me when I invested in Jewel Token (JWL). Unfortunately, sometimes it happens (that's the hard life of crypto investors).

Unless you want to hold (or hodl  :P ) you position with a major currency like LTC, please pay attention to the team around the token your are buying!

Thanks for your reply. And what if in my strategy, I sell but the currency keeps going up? Shall I close the strategy and start it again?

Ok, the minimum profits expected by each trade depends by the exchange. Each exchange got its own fees on transactions and we need to cover these for scoring profits for you. You can increase this value if you expect a bigger increase in price of the asset, but pay attention because the higher this index, the slower will perform the strategy, but also the lower the chances to loose a higher pick!

Thank you so much for your reply!
So how much is 1 strategy?

Unless you believe that the price will drop again, in this case you should terminate and restart the strategy.

That's all clear thanks! But can I pay strategies in euro?

I don't have good trading skills and always seek ways to learn these strategies and charts. I found your three strategies models very interesting and read in explanation generally. It arose trading interest in me again so will be reading more and if some question appeared in my mind surely will be asking here as you are replying everyone in best way.

can we use this service for arbitrage? if we can use for arbitrage it's really nice.

Interesting project. Are you adding new counter-parties? How does this differ from a decentralised exchange?

So if you would buy some tokens right now, do they stay on that website or can we download a wallet somewhere and send it there immediately?

Yes, you can pay with PayPal :)

And what can I do with the BmyCoin token?

Yes, you can pay with PayPal :)

Thanks! And how can I cash out?

Hello!

I've just tried to start a strategy, but it says that I don't have enough funds. Why?

I would buy 50 tokens but I find out that is not possible. Why?

yes, 80 BMYC is the minimum purchasable amount. FYI, we will increase the minimum amount and the price with the ICO on December 15th.

What will be the minimum during the ICO?

The minimum amount purchasable during the ICO will be 100 BMYC.
BTCBTCBTC

Hey, is there any chance to change the background colour?
I found really annoying this white board, after a couple of minutes it is really difficult to see what's going on.

Hey, is there any chance to change the background colour?
I found really annoying this white board, after a couple of minutes it is really difficult to see what's going on.

Hey, do you release APIs?

We are going to release our Open APIs November 26st at the end of the BmyBit Hackathon. If you are interested in Open APIs development, we will release soon the info regarding the On line Hackathon BTC

I am interested too. Where are you going to share info about the Online Hackathon?

Hi, it is possible to modify the parameters of a running strategy instead of starting a new one?

Hello, can I terminate all the open strategies at the same time?

Arbitrage is in BETA and will be available soon ! So yes :)

how will you let people know that it's ready? I want to try arbitrage soon. should I just check the website?

Hello, I would like to get access to the Beta tests. What can I do?

I am always wondering when I see someone having developed a system that successfully exploits trading opportunities like arbitrage, why would you share it with the public?

Hello, you should register on bmybit.com and then purchase the platinum package from our shop.

The beta tests consist in proofing the proficiency of the features that are not already released to all.

Hi, how can I decide the risk of my investment?

Ok, but can I buy the package with the BmyCoin and get some discount?

From PATS page, you will be able to select the parameters for starting trading strategies. Is the second Parameter after the size.

Yes!

Currently BMYC gives you a 5% discount on our services BTC

Hi, I put 1 BTC into the pre sale but I notice here you say some tokens have been paid back? Are these as dividends and was I too late participating to receive any? I have no transactions in my wallet receiving any more tokens than already bought.

Also I now have over 1500 tokens from pre sale. Are they only ever going to be able to be used on the website for services? Will the coin be traded at any point outside of the Bmybit platform? I can't buy that many strategies!!! Thanks, I do like using the platform and leaving it to run for me as I'm working a lot of hours and don't have time to trade myself always.

Hang on....I'm looking at the platinum package now....if I get that, and use my bmy coins I get the discount.....but having less coins in wallet means I get less dividends? And I guess if you pay dividends you don't want the token trading as it might be security classed?

Hi, I put 1 BTC into the pre sale but I notice here you say some tokens have been paid back? Are these as dividends and was I too late participating to receive any? I have no transactions in my wallet receiving any more tokens than already bought.

Also I now have over 1500 tokens from pre sale. Are they only ever going to be able to be used on the website for services? Will the coin be traded at any point outside of the Bmybit platform? I can't buy that many strategies!!! Thanks, I do like using the platform and leaving it to run for me as I'm working a lot of hours and don't have time to trade myself always.

Can you make the profit earned more clear please on the site? Ideally the profit needs to be converted to bitcoin or other currency that the user selects.

Will you provide more data? It seems that you can go a few days back in time.

Hello,

i am happy to receive your feedback! You misunderstood, so probably we need to change the label. We did not pay back any token. We received the BMYC back as a form of payment. :)

Regarding your questions:

1: They will be only used on our platform, yes
2: Yes, we are trying to obtain the relevant licenses for exchanging out token against BTC, and the other major fiat.
3: You can add strategies to run simultaneously

4: I am very happy that you find BmyBit useful! Please, use your referral URL to earn more BMYC! :)


Ah ok, thanks..... I have written a steemit blog about your platform and tweet now and again. I'm going to try out the arbitrage once available, I've added the platinum package.... I'll be shouting about your product/ICO as I'm impressed with the levels of service, it works, and you've obviously done a lot of work improving things. My only initial concern was that you guys were not marketing hard....I'm in that world at work! But I realised before i asked you that maybe you were saving the marketing until you had a solid product? Too many projects hype an idea that is far from production....You guys have a product that deserves more publicity than a lot of the whitepaper ICOs out there.

I'm not technical at all though, so the referral link is just for referrals who sign up through it? Any signature on bitcointalk? Or small bounty campaign? I'm not a fan of the ones that fork a fork and airdrop squillions of tokens but it would grab attention.

The fork is ruining my life at the moment. The sooner it forks and forks off again the better.

I wish you a profitable day!

Ah ok, thanks..... I have written a steemit blog about your platform and tweet now and again. I'm going to try out the arbitrage once available, I've added the platinum package.... I'll be shouting about your product/ICO as I'm impressed with the levels of service, it works, and you've obviously done a lot of work improving things. My only initial concern was that you guys were not marketing hard....I'm in that world at work! But I realised before i asked you that maybe you were saving the marketing until you had a solid product? Too many projects hype an idea that is far from production....You guys have a product that deserves more publicity than a lot of the whitepaper ICOs out there.

I'm not technical at all though, so the referral link is just for referrals who sign up through it? Any signature on bitcointalk? Or small bounty campaign? I'm not a fan of the ones that fork a fork and airdrop squillions of tokens but it would grab attention.

The fork is ruining my life at the moment. The sooner it forks and forks off again the better.

Me again! Sorry..... Upgraded to platinum account, still don't see arbitrage section, did see on the chat that you only needed 10 beta testers but on the packages/memberships it does say arbitrage available on gold and platinum packages?

Hello, we will add more features for a deeper historical analysis of the assets.

Me again! Sorry..... Upgraded to platinum account, still don't see arbitrage section, did see on the chat that you only needed 10 beta testers but on the packages/memberships it does say arbitrage available on gold and platinum packages?

Look forward it to see more useful features being added.

We look forward to add new features too! :)

The BETA version is containing more features that must be stressed before the release. We will keep you updated!

If you would like to access the Arbitrage, you should purchase one of the 3 package that includes it.

If you have any doubt, please let me know :)

The website has great design,

is there a trial period for new members? or are the packages the only option to start with

Wow! The concept is superb. A newbie like me will definitely be benefited by this program. I watch youtube videos to learn how to undertake trading wisely but this engagement is not an overnight activity and this needs a skill development.

By utilizing bmybit is like a plug and play bitcoin generator.

 

Looking forward to playing around with the trading system and finding arbitrage opportunities easier with BmyBit! BMYC information was recently added to Token Report's Token Tracker! http://tokenreport.com/tokentracker/ Good luck to the team! :)

Hello, if I have a strategy running does that mean that I cant do trading alongside it manually with the same coin?

Does PATS only work at times of up and down support and resistance trends?

the concept is good one, there seems to be some functions overlapping with Shapeshift and Changelly , but overall nice idea

I register on the platform but it looks difficult to understand. are there any tutorials available?

What is the key idea of the project?

This is great.  You can start and stop trading pairs with few clicks of the mouse.   There is graph where you can see where you bought and sold.   I recommend this platform as great tool for trading crypto. 

I would suggest you to visit our section “I am a newbie”. You need to log out for seeing it :)

Hello, I want to monitor how much profit i have made on the strategy and on my overall account. Can you consider adding a section on the site that shows the number of coins we start with and what we end with and the profit?

I am banking BTC using BmyBit!  Check out my profits on the leaderboard under "WinterParker"

Great useful project! Good luck!

what do you exactly mean by not holding funds? there is also no deposit but there are fees, so what's the difference? how does it work from after connecting bittrex or other exchange?

We don’t hold funds because we trade via your API keys. We don’t ask for fees, but we sell plans for trading with our automations. You just need
To go to PATS after you have established the connection via APIs, choose a pair and start trading :)

got it. I can see that you're about to introduce a dynamic strategy, which is an improved version of the static strategy. is it going to replace it at some point since it is 'improved'? 

This platform is really profitable. I'm currently top 4 (fando01) on their leaderboard when if comes to how much profit I gained.

here's my currents profit table.

31 Aug 2017   BTC-ZEC   ZEC +33.56%
29 Aug 2017   BTC-MAID   MAID 0% BTC 0%
24 Aug 2017   BTC-STR   BTC +100.44%
24 Aug 2017   BTC-BCH   BCH +0.69%
24 Aug 2017   BTC-BCH   BCH +1.02%
22 Aug 2017   BTC-ZEC   BTC +4.15%
22 Aug 2017   BTC-BCH   BCH +10.6% BTC +9.98%
22 Aug 2017   BTC-XRP   XRP +51.83%
22 Aug 2017   BTC-BCH   BCH +3.99%

everything is +% on my profit :D

good job BMYBIT!!!

hope payment to signature campaign also release.

I'm interesting to this project and i want to be a part of it. From which point i can start? I hope to answer me soon... Thanks!

Thank you so much! Happy to be on tokenreport.com!

No problem! BmyBit's one-sheet was just completed. https://api.tokenreport.com/sfuvh1s

Hello! Good question.

No, it is not going to replace the static but simply add value to PATS. Many of our users want to keep a bigger control on their strategies, therefore they prefer the static one.

so it will be more effective but there will be more risk involved?

How can I get to referral program?

Hello! I saw you released Yobit. What's the minimum amount I can invest on it?

Hi, will terminating a strategy automatically remove orders from the exchange?

Hello,

The minimum amount on YoBit is 0.007 BTC equivalent.

Ok thanks. My unlimited strategies for life, are also valid for Yobbit, right?

Yes, it will  ;)

Yes, they are unlimited with all the exchanges we will release

But why should I buy a pack if I have unlimited strategies for life?

actually, is not going to determine a major level of risk. The risk will be working same way as the static strategy.

are there any minimum amounts that can be invested in a strategy?

Hello! When are you going to release the Dynamic strategy?

Hi, can you explain to me how the leaderboard works?

Dynamic trading strategy is an improved version of the standard trading strategy, which is a trading platform? Or a trading software?

is it possible to disconnect an exchange, for example bittrex after connecting it with API keys?

I know that the dev teams and those are there to make a profit and I appreciate that. But I think that lower fees would get you guys a lot more action. I have my own written code that trades, but I think that those that need a service like this are not prepared to drop ATM $600 to take a chance on using another persons method of trading.

By December that could be as much as $1000 or more, although I think $700 is a better guess.
At a lower price I think that you will grab those new traders coming in the door.

You can modify and deactivate the APIs from your exchange, but not from BmyBit.

how about stopping strategies? can I do it anytime?

yes, you can Terminate the strategies anytime you want  8)

is it possible to upgrade to a different pricing option after buying one already?

Yes, it is possible to make an upgrade :)

how about if I want to resign? is there a way to get a refund?

Sorry, would you resign from a Package? No, unfortunately you will not get a refund.

I'm mostly interested in arbitrage though, is there any way to use this without buying the most expensive package?

We are about to release a pay-per-use sale model in favour of the BmyCoin holders.

I did the PATS system and it worked great with about 30% profit

Hi there.

Please could you elaborate on the dynamic trading strategy? I cant seem to find anything about it?

Regards

Great thanks very much. Look forward to it.

What is the prospect of earning?

The Platform is ok. I would see more info about  the automation

I’m using it since a few months. I’d suggest to start with low funds and to get on well with it!

Overall that’s a great idea. I’ve been trading on Bittrex and Polo and I got good results.

Good luck with the Token Sale! I’ll be one of the participants :)

The BMYC is the only asset accepted as a form of payment on BmyBit.com and we are working for getting it listed on few exchanges. Also, we will burn the 25% of it.

For the reason of above, the BMYC will increase its value. Obviously, a massive adoption is going to speed up the process!

Thanks for asking  8)

Ok, thanks. I will look at the software first. Do you have a trial / demo?

Great to hear that the private sale has been started. Do I need to use the platform to buy some Bmycoins or there is another method?

I hope the automation won't go sideways if someone decides to pump a currency spontaneously.

What is the minimum investment?

We do not provide any Demo. There is no demo that can show realistic results from trading. But, we give 3 free strategies to our new users. You will have to provide API keys anyway.

Please, let me know if I can assist!  8)

So I have to use my money to prove it?

Yes, you need to use your funds for using the platform. We believe that there is no way to make a demo on a trading software. It is not possible to have concrete data without going into the orderbook for real.

I see. Who tells me it will work?

I'm already a customer of your Platform and i tested your automation with good achievements in the last months! Great job!  I will invest some profits I have had with automated trading in your Private Sale! Certainly :).

I'm already a customer of your Platform and i tested your automation with good achievements in the last months! Great job!  I will invest some profits I have had with automated trading in your Private Sale! Certainly :).

I will be able to make my investment in two different altc?? (ex ETH and ADA).

Yes, we accept the assets mentioned in the main topic :)

Where links website on your project dev? I did not see it on the main page. I want to know how performance your project. seems very interesting if following the progress of this project. all right. hope success.

Disconts are the same in the same period for all the assets mentioned? ( ex ADA or LTC)

reserved for updates.

I checked the website and it seems good. I suggest you to add an automated solution for buying Bmycoin on your website.

can you tell me when does the ITO start?

great, but what is exactly the difference between ITO and ICO?

The distinction is about the destination of the asset. An ITO is usually related to Functional Tokens.   

How long will the ITO last?

July 16 - Sep 30  8)

will there be a pre sale?

that project will be succeed. i saw a lot of project just like this before

I saw that you added buying Bmycoin with Bitcoin. Are you willing to add more cryptocurrencies?

what price is BmyCoin?

I wonder if it is possible to see an actual top traders in leaderboard. Is it possible to sort it by period?

Things are looking different in a very good way. I can see that the site's UI developers are streamlining major parts of the site once fully tweaked it will be much easier to use and run so much better for everyone!

During this period of private sale, the price is 0.00028298 BTC

what exactly is the private sale?

What types of token platform is going to issue?

It is a sale running just for a restricted group of people with a restricted amount of token available.

How can I get involved?

Just login and access the wallet page. There, you’ll find the BmyCoin wallet with the purchase button. As simple as that

and how can I pay for BmyCoin?

will there be a pre sale of BmyCoin? 

We will close with the private sale May 30. Yes, there will be a pretty sale :)

How long will the pre sale last?

June to August. We suggest to register with us so you’ll get all the information about our ITO via email.

Is the registration free?

Will the ITO follow straight after the pre sale?

Interested in automated trading systems and arbitrage tools, I've been looking for a simple and convenient way to get revenue. :D

Yes, we expect that :)

Will there be any discounts then as well?

Why do you only accept BmyCoin as a payment on the website?

Because we want to establish a trustworthy environment among our customers with the aim of creating a fully distributed c2c model

love your ideas, love your team, I wanna join  :-* :-*

Will there be bounties during pre sale?

Yes, there will be bounties that will be usefull to community building. We’re already a fairly big community of traders, and we’d like to welcome more people ! BTC

What's technology behind this project, Is it an ERC Token?

What's technology behind this project, Is it an ERC Token?

Sure, most token distributions choose the ERC type. This has proved to be the most convenient kind.

what does traders creating strategies from scratch mean?