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Sigh....
If you aren't going to try it then disregard the forum post. I dont have the time or energy to deal with people. I created a bot for those that were interested. And you basically stopped reading after the first post.
So, until you read all of my posts and my replies, don't comment.
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It has a hard stop limit. after 3 losses in a row, it stops.
So depending on your MINIMUM bet input (default: 0.000030) it will handle the logic of recovery:
So let's talk in the terms of bits 0.000030 = 30 bits
First Trade: 30 bits
Experience loss.
Second Trade: 756 bits
Experience loss.
Third Trade: 19,052 bits
Experience loss.
HARD STOP. Live to gamble another day!
Total loss: 19,838 bits. ~approximately $20.00 USD at current market rates.
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This is not a script, it's an actual java application.
The only reason I made it in Java is because you can put it on all systems, regardless of operating system.
The the other question, why would I use it if it's just picking a random number. That is true and not true. It will initially pick a random number then if it loses it has other 'intelligence' to try to find a location to make up for the loss.
Secondly, there is absolutely no logic in the bot that will send your userid or send a command to withdraw the balance. I don't really want or need that kind of karma or 'publicity' for something I just programmed for fun.
It's just a simple bot.
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Alright Alright.
Worked on the bot, if you are interested let me know. It's for testing purposes, please be aware AGAIN.
GAMBLING IS AN INHERENT RISK. DO NOT GAMBLE WITH FUNDS YOU CANNOT AFFORD TO LOSE!
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Sorry for the lack of update. I haven't worked on the bot for a bit, I am going to start working on it now.
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You are correct.
This is very similar to going to a Dice site and setting it to 4.0 and betting that it will be above a certain number. You have about a 95% chance of it turning out positive for you, however, in those instances where it fails it can be disastrous.
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Unfortunately not. As the payout for a win is only 4% of your wagered bet.
So 30 bits = 1 reward.
In order to make up for a lost bet you have to wager minimum 756 to make up for the 30 initial loss.
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That is correct, I am working on a better way to gain profit. We shall see.
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I'll do you guys one better. Here it is live: Previously recordedPlease note this is still being tested. I fully expect this to shoot over the betting threshold. I am still working on recovery mechanisms if it does hit a losing streak.
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To be completely honest. No. I haven't thought of selling it.
I was just messing around with code and figured I could probably break the system with some simple structures. So far it has worked out. So I will leave it up to you guys, if you want to buy it, I am open to suggestions for price.
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Current statistics - running for 1 hour.
Wins: 3535 Losses: 154 Percentage: 95.83% CWC: 140 CLC: 2 HMB: 0.019053
Okay I'm legit only going to say this once. It doesn't matter if you create something like this and it could even work; you're of a newbie rank status. No one is going to buy anything from you entailing any sort of "gambling profit promise". Funny, and no-where in the discussions did I ask for someone to buy it....
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Current statistics - running for 1 hour.
Wins: 3535 Losses: 154 Percentage: 95.83% CWC: 140 CLC: 2 HMB: 0.019053
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I mostly am just getting the conversation going.
If there are others out there that have working strategies, feel free to run them by me and I can try to automate them (if they aren't already).
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First images of the new program written in Java:  Wins = number of wins Losses = number of losses Percentage = Win/Loss Percentage CWC = Consecutive Win Count CLC = Consecutive Loss Count HMB = Highest Money Bet
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No offense to the gentleman or lady that said I wanted people to PM me....
Read again, then come and check back with me.
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For those that are wondering what it is written in....
At first it was written in AutoIt. However, I realized that that would pigeon-hole individuals into only using Windows machines. So I moved it over to Java.
Still working on it, still optimizing and tweaking. Screen shots to follow shortly.
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Considering you're a newbie account this post seems slightly sketchy. Also please note that there are already free Satoshi Mines bots that probably work much better than the one you are currently working on. Keep in mind, however slight the advantage may be, house always wins.
Right, like the one that is shown on YouTube that has a call at the very beginning to broadcast your unique GUID to the creator so they can take your account and withdraw it? Yeah, I fell for that and got hit as well.
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It's quite hilarious.
I post that I am working on a bot, I did not provide the bot, nor did I ask for money or BTC transfer. I only asked for people that were interested.
But then again, the internet is full of trolls. I have tried to help and would like to open the discussion for those that have been successful on SatoshiMines to perhaps share their strategies which then could in turn be automated.
But, hey, go ahead and attack me for basically opening up the conversation. As for me being a newbie account. You are damn right, I found this forum recently and just registered becuase I found that people are interested in the same thing.
However, for the status of the system, it hit a 4 streak loser but I had enough in the account to gain it back on the next trade.
AS I STATED BEFORE, ITS A WORK IN PROGRESS. I AM NOT ASKING FOR DONATIONS NOR ANY PAYMENT TO USE IT NOW DID I???
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Average of 28 days in a month 28 / 3 (accounting for a 72 hour period) = ~9.333 Current price of bitcoin: ~$922 USD 72 hour reward: ~0.103
There will be always red streaks. How can you make this calculations? I am only calculating this based on current observations. I in know way am stating that there will not be streaks of losing as that is a risk in gambling. But based on just the current system this is my observation. It is to note that this bot DOES NOT follow the mines strategy, In observation mines can show up in the same place and location more than 3 times in a row, which will blow up any account.
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