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1  Economy / Securities / [CLOSED] MtGox Volatility Trading Bot [GMVT-BOT] on: July 26, 2012, 06:17:03 AM
Original post:
Since there's too many mining and pirate related securities I'm curious if there would be a demand for something like this.
I'm considering creating a security for my MtGox volatility trading bot I created recently. Bot is very secure, never makes a loss, makes money on volatility. The bigger the market volatility, the bigger the returns. But according to my calculations ROI is pretty low. On a high volatile market (like the one this week and last week), it would yield up to 0.6-0.8% per week (I already substracted 10% management fees from that), but usually less than 0.5%. Profits should improve if there's bigger trade volume, currently bot pays 0.6% fee per trade as the trade volume is less than 100 BTC. For trade volume > 100 BTC, MtGox charges only 0.55% etc.
Bot is working on EUR/BTC market and has orders in the range between 3 EUR/BTC to 10 EUR/BTC (current price is around 7 EUR/BTC). If the price is swinging in this range bot is making money. If the price will go upwards of 10 EUR/BTC that shouldn't be a problem because all the profit is always on the BTC side (bot is always buying first if there's available EUR balance) and each order is valued at the EUR price, so I can move the range upwards without losing money. If price will go downwards of 3 EUR/BTC there will be a decision to make if to move the range downwards and lose some profit or close down the operation and return the money.
MtGox account will of course be protected by 2-factor authentication and withdrawals through API will be blocked.
I will setup this as a company with voting rights. I plan to issue 1000 2000 shares at 0.1 BTC, total 100 200 BTC, for starters.
Any questions, ideas?



Bots funds:

BotApproximate value of fundsCurrent Trade Fee
-------------------------------------------------------------------------------
MtGox USD150 BTC0.53%
MtGox EUR50 BTC0.55%
BitcoinCentral EUR70 BTC0%

Bots performance:

WeekStart DateEnd DateProfit (BTC)Management Fee (10%)Dividend per shareROI per week
------------------------------------------------------------------------------------------------------------
113.7.201219.7.20120.2016160.0201620.0007260.73%
220.7.201226.7.20120.1735690.0604230.0006250.62%
327.7.20122.8.20120.0295270.0029530.0001060.11%
43.8.20129.8.20120.0762040.0076200.0002740.27%
510.8.201216.8.20120.2312580.0231260.0001390.14%<= added bot working on MtGox USD market
617.8.201223.8.201213.9740171.3974020.0062886.29%<= market crash and very high volatility
724.8.201230.8.20121.5236980.1523700.0006860.69%
81.9.20126.9.20120.7796190.0779620.0003510.35%
97.9.201213.9.20120.8925140.0892510.0002980.30%<= added bot working on Bitcoin-Central
1014.9.201220.9.20120.6055840.0605580.0002020.20%
1021.9.201227.9.20120.407080.0407080.0001360.14%

Note that some weeks were very volatile. I expect the average dividend to be below 0.5 % per week (maybe below 0.3% unless there'll be higher trade volumes).


Contract:
GMVT Trading Bot asset (GMVT-BOT) was created with the intent to give investors the opportunity to participate in operation of a trading bot. GMVT Trading Bot is operating on bitcoin exchanges (currently at MtGox only but may expand to other in the future). Each share in this asset represent share in the ownership of funds the bot is operating with and share on the revenue. 10% of the profits bot makes will go to the asset operator who will cover all operating costs (electricity, management etc.). Operator will also cover any loss that may result from unexpected bot behaviour. On the other hand, operator is not responsible for funds that may be lost due to particular BTC exchange default and funds blockage.
The operator reserves the rights, regardless of the amount of shares owned, to raise a motion, and close down the operation. At least 60% of the shareholders will need to agree for a motion to be valid. In the event of liquidation, all available funds the bot is operating with will be converted to BTC and will be distributed to shareholders.
Dividends will be paid at least once per month.
2  Economy / Securities / Market Capitalization of top 20 most traded GLBSE assets on: May 30, 2012, 08:22:29 PM
Hi all,

I was just curious what are the biggest assets according to market capitalization and made a table. Included are only top 20 GLBSE assets according to Total Volume traded, for each is calculated market capitalization based on total number of shares issued and 5 days average price. All is as of: GLBSETime 14:45, Wed May 30

   No      Asset      Total Shares      5 day average price      Market Capitalisation      %   
   1      YABMC      150000      0.299      44850      24.15%   
   2      GIGAMINING      20000      1.447      28940      15.58%   
   3      BITBOND      44000      0.622      27368      14.74%   
   4      TYGRR.BOND-P      17000      1.041      17697      9.53%   
   5      BTC-MINING      10000      0.997      9970      5.37%   
   6      ZIP.A      9930      0.803      7973.79      4.29%   
   7      PPT.E      6000      1.179      7074      3.81%   
   8      MU      10000      0.672      6720      3.62%   
   9      TYGRR.BOT      7500      0.762      5715      3.08%   
   10      PUREMINING      10000      0.422      4220      2.27%   
   11      TYGRR.BOND-B      40000      0.1      4000      2.15%   
   12      COGNITIVE      6400      0.594      3801.6      2.05%   
   13      PPT.C      3000      1.232      3696      1.99%   
   14      PPT.D      3000      1.202      3606      1.94%   
   15      PPT.A      3000      1.062      3186      1.72%   
   16      FZB.A      30000      0.092      2760      1.49%   
   17      TEEK.B      2000      1.035      2070      1.11%   
   18      SS      915      2.248      2056.92      1.11%   
   19      PPT      36      0      0      0.00%   
   20      PPT.B      3000      0      0      0.00%   

I know it's not perfect, some of the assents haven't sold all shares from IPO yet, so the numbers might be misleading a bit. But still interesting. I was curious how much of the market share the Pirate related assets have taken in particular  Grin BTW, total market capitalization of these top 20 assets is 185704.31 BTC.
I will try to update this thread in future to see where the market will be heading. If anyone wants to elaborate on the data, go ahead  Cool

EDIT:
Here is the calculation based on number of shares from the dividend payments section.
   No      Asset      Total Shares      5 day average price      Market Capitalisation      %   
   1      GIGAMINING      20000      1.447      28940      27.07%   
   2      BITBOND      41101      0.622      25564.822      23.91%   
   3      YABMC      40854      0.299      12215.346      11.43%   
   4      ZIP.A      9930      0.803      7973.79      7.46%   
   5      TYGRR.BOND-P      6808      1.041      7087.128      6.63%   
   6      TYGRR.BOT      7326      0.762      5582.412      5.22%   
   7      PUREMINING      10000      0.422      4220      3.95%   
   8      TYGRR.BOND-B      38900      0.1      3890      3.64%   
   9      COGNITIVE      6400      0.594      3801.6      3.56%   
   10      MU      5000      0.672      3360      3.14%   
   11      TEEK.B      1936      1.035      2003.76      1.87%   
   12      SS      610      2.248      1371.28      1.28%   
   13      BTC-MINING      910      0.997      907.27      0.85%   
   14      PPT.E      0      1.179      0      0.00%   
   15      PPT.C      0      1.232      0      0.00%   
   16      PPT.D      0      1.202      0      0.00%   
   17      PPT.A      0      1.062      0      0.00%   
   18      FZB.A      0      0.092      0      0.00%   
   19      PPT      36      0      0      0.00%   
   20      PPT.B      0      0      0      0.00%   
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