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Does this bot buy BTC with least sell price and sell BTC for highest buy price in a given time-frame ?
Hi, this BOT tries to keep the value of the FIAT and the value of BTC the same. Let's give an example: - at beginning you have 100USD and 0BTC. 1BTC is 1$
- first operation is to balance the wallet: the BOT will buy 50BTC at 1$ so you will have 50$ in FIAT and 50$ in BTC values
- now 50$ is the new center
- let's assume in the balancer.properties you have left percentualDistance=5
- the BOT will place 2 orders
- an order at 50$+5%=52.5$ to sell some bitcoins (as the value per bitcoin is increased you have to sell some of them to keep your wallet balanced)
- an order at 50$-5%=47.5$ to buy some bitcoins (as the value per bitcoin is decreased you have to buy some of them to keep your wallet balanced)
- the BOT will poll the exchange and when an order is executed it will delete the other one and places 2 new orders following the same logic and using a new center (47.5$ or 52.5$ depending on which order got executed).
I hope this will clear your doubts. Bye |
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Hi, I just released version 0.9.1. I used it through all the weekend and it worked well without major issues. You can find updated instructions in the OP. Please use it and report... and obviously ask if something is not clear  Thanks for your attention. Bye |
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Hi, I just released BTCBalancer a java opensource rebalancer BOT that works trading BTC/USD on BTC-e (at the moment). It was heavily inspired by prof7bit balancer made in python for MTGox[1]. To run it you need at least Oracle Java 7[2]. So, citing form prof7bit thread: This bot will maintain a constant asset allocation ratio Bitcoin/Fiat = 50/50 http://en.wikipedia.org/wiki/Rebalancing_investments#Rebalancing_bonusIt will do so by placing limit orders above and below current price that will restore the 50/50 ratio once price moves there and fills the order. As soon as one order is filled it will cancel the other and then calculate and place 2 new orders above and below that new price. The price distance of the orders is 5%, that can be changed in the variable DISTANCE you should not make it smaller than 2%). This strategy will produce a small profit in the long run (a few percent per week if there are huge price swings or nothing at all when its going sideways for many days), it seems a promising strategy for BTC/USD because of its insanely high volatility but it will also make your account balance go up and down directly in tandem with BTC price, so prepared to see huge swings in your account. You should write down BTC-price, USD and BTC balance in your account once a week and plot these curves after a few months or years to see the effect. This is not a get rich quick bot, this needs patience! To run it you need to: I'm using it even if, in these days, market is very quiet. It did not eat my BTC but I cannot offer any guarantee that it will not eat yours! Please let me know how does it work for you! Thanks [1] https://bitcointalk.org/index.php?topic=181584.0[2] http://www.oracle.com/technetwork/java/javase/downloads/jdk7-downloads-1880260.html |
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Hi, for me is a big surprise: not a single announcement of Jupiters being shutdown. I have to verify but I think this is the less profitable GB I was in. I'm in 2 more group buys with Jupiters and, even if margins are quite low, they are still give me something! Very disappointed  Bye Piero |
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If we do a cash refund - it will be 5600 USD split up.
If I personally try to continue to get a full BTC refund from HF you would receive ALL of your BTC minus my 3%.
If we do legal action (which would be for a full BTC refund) you would receive your BTC that you paid minus 40% for legal fees than 3% fee from me.
So, you are asking if I want: * 420$ as to be expected in option 1) * 9BTC-3% as to be expected in option 2) but quite unlikely * 9BTC-40%-3% (about 5BTC) as to be expected in option 3) I'm not considering wait for mining devices... they already fooled us once... Put this way it seems the choice is obvious Am I missing something? Thanks for your fast reply Thanks for your work Bye |
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Hi waldohoover, reading OP I see: - 1 Share @ ฿2.5 = 20GH/s hashing power + 3% hosting fee
- Each share entitles the owner to 1/40 of the BTC proceeds from a HashFast Baby Jet
But if a Baby Jet is a 400GH/s and you divide it in 40 shares than every share i 10GH/s: what am I missing? Thanks Bye Piero This is a previous question of mine that went unanswered: I need this response too to cast my vote. Thanks Bye |
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Hi,
just to be clear: let's suppose we ask for full refund aka 5.600$.
I bought shares for 9BTCs that at time was about 100$ (let's say 100$ for brevity) per BTC: should I expect a final refund from waldohoover for 900$?
Or, as I bought 3 shares of 40 in total (7,5%), should I expect 7,5% of 5.600$ (that is about 420$)?
I cannot vote without knowing these details.
Bye
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You shouldn't use a custom bitcoin.conf when you let Armory manage bitcoind. Otherwise manage it yourself and turn off the feature in File > Settings in Armory.
Hi, thanks for your response and it does really make sense... but But I have satoshi client configured on 8334 to make it reachable from the internet using a forwarding rule on my modem (8333 was already used): by armory definition (as a wallet manager that use satoshi client for network management) this is the starting point. So I'm expecting that armory can read bitcoin.conf and connects directly to my own configured bitcoin client. As an alternative please warn user about not standard bitcoin.conf. Thanks again for your product Bye |
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Hi there,
I'm new to armory and 2 days ago I installed 0.90 beta and it was not an easy ride.
I have bitcoind listening on a non standard port (8334) and this is correctly stated in bitcoin.conf: I was expecting that armory was reading this info automatically but to let things work I had to manually add --satoshi-port=8334 at armory startup.
Am I missing something or this is the intended behaviour? Eventually can you fix it?
Thanks
Bye
Piero
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Hi waldohoover, reading OP I see: - 1 Share @ ฿2.5 = 20GH/s hashing power + 3% hosting fee
- Each share entitles the owner to 1/40 of the BTC proceeds from a HashFast Baby Jet
But if a Baby Jet is a 400GH/s and you divide it in 40 shares than every share i 10GH/s: what am I missing? Thanks Bye Piero |
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Hi,
please reserve 3 shares for me: I'll pay in 12 hours.
Thanks
Bye
I've got you marked for 3!  To: GroupBuy HashFast - waldohoover 15ZGoQBTeG9SzT5UpdJgMtNq5JYKV6bzep Debit: -9.00 BTC Net amount: -9.00 BTC Transaction ID: 8b46ff70a914e9f765bc65e0bdd45ebd7fcc05c5766e14756251f9df9cccccd4 Please note that by mistake transaction fee was setted to zero: let's see if the transaction goes into some block... I'll wait 24h and if does not appear I'll pay again setting a transaction fee higher than zero. Thanks Bye Ok, transaction is confirmed by network! Please consider 1CSLW72avYCTCrgPVEDLJ69WhMDcTK7ERo as the sending address to pay dividends. Thanks Bye |
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Hi,
please reserve 3 shares for me: I'll pay in 12 hours.
Thanks
Bye
I've got you marked for 3! To: GroupBuy HashFast - waldohoover 15ZGoQBTeG9SzT5UpdJgMtNq5JYKV6bzep Debit: -9.00 BTC Net amount: -9.00 BTC Transaction ID: 8b46ff70a914e9f765bc65e0bdd45ebd7fcc05c5766e14756251f9df9cccccd4 Please note that by mistake transaction fee was setted to zero: let's see if the transaction goes into some block... I'll wait 24h and if does not appear I'll pay again setting a transaction fee higher than zero. Thanks Bye |
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Hi,
please reserve 3 shares for me: I'll pay in 12 hours.
Thanks
Bye
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Interesting. At 1.15BTC/5GH, if these are up and running by the beginning of October ROI is 3 months, but if they are up by the end of October they will never ROI.
I am not sure how you are doing your calculations but you are not taking into account the increase of the price of BTC based on the increase of difficulty. It is a direct correlation that is delayed by a period of about 6 months so these systems will definitely be profitable. -Adeel Hi Adeel, I think he is referring to http://mining.thegenesisblock.com/ that is a good calculator that try to forecast mining profitability in near future: try it... it's nice Bye |
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Cut after dashes to check this message signature
------------------------------------------------
Hi tyrion70,
I just sent 5.6BTC with txid 18d047098e97a5106fef617f0adfe1d0876861e9e19a99e685955f4949f11146. Please wait some time before checking for transaction id as my client is still syncing with the network.
I signed this message with my own address 1Ei2qUDy7cmKpNWfNVB3DGi3xzz6Xhrkgp
Thanks
Bye
-------------------------------------------------
This message signature is G/dUPIcxkerQvus0SlIj0lrA2P9uM4xKrzBKcAPq15FF2d0osye7NE3cFqvWri00gcosTsH0k9x6BM9IbB9awQo=
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Hi,
please reserve last 16 shares from 3rd Jupiter, I'll pay you 5.6btc (0.35btc/share*16share) at about 20.00UTC.
Bye
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Signing address:
1G5ZYxDn1SsjG4tZE9DGUJDvE3K5zsWdWo
-----cut below-----
Hi Adeel06,
my transaction id is 5bd238b72834aeb39f30f7898d2fa889dd855463667b39d27ca411fa4193bbfc
Thanks
Bye
-----uncut above-----
Signature: HP0D9hqjjkA4Y+tBFuZE1GJ5BHmiFSCZ+IasHwlMGGYQOEOmVTScNsgR6dPkMEu45EijVxqvra10suA3bqLlPmM=
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Please reserve 6 shares for me and let's close this group buy #4  I'll pay you tonight at 20.00 UTC. Thanks in advance Bye |
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Hi,
please reserve 4 shares for me: I'll pay you tonight (about 20.00-UTC).
Thanks in advance
Bye
Reserved. Here is my transaction id: 00dfc8ff577ea35167304cc64b0b289e9ea677e7569d7e66a5a9e9f53883594c Thanks Bye Doesn't seem to exist. Double check for a typo. I PMed to you. Bye |
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Hi,
please reserve 4 shares for me: I'll pay you tonight (about 20.00-UTC).
Thanks in advance
Bye
Reserved. Here is my transaction id: 00dfc8ff577ea35167304cc64b0b289e9ea677e7569d7e66a5a9e9f53883594c Thanks Bye |
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