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141  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][XPM] CryptoBot Investment Fund on: August 28, 2013, 05:02:33 PM
I can send 10 xpm it's all I have right now.

Sorry pagan, 25XPM is really the minimum. Less would be too much management overhead. May be you can find somebody who give you the missing 15XPM and share with him?
142  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][XPM] CryptoBot Investment Fund on: August 28, 2013, 04:45:30 PM
Day 14

Well, the first test round has come to an end and fortunately the period was concluded with a profit of 2.78%.

This means that for every 25XPM invested 25.695 will be returned if you have not opted to roll the investment over in to the next period.

The announcement for the next period can be found here: https://bitcointalk.org/index.php?topic=292515.msg3131216#msg3131216





Day 13

On the last but one day we almost made up for the losses and when we have another day then the last two we will end b/e.
This is of course a little bit disappointing but keeping in mind that it was a test I think there is enough reason to continue with the second round.
I will PM all investors later today when I am back home and ask what they want to do with their deposits. I will also make a new post for the second funding.





Day 12

The reason we had some only small profits the last couple of days had a few reasons:
  • Traded with small amounts to see how new algo performed
  • Due to the weekend there was not that much trading going on
  • Switched bot off during the night to avoid problems with update of exchange

No that I am trading full speed again you immediately see profits return to "normal". Let's hope it stays like this.





Day 11

Changed the algo a little to prevent that the bot accumulates XPM in downturns and BTC in upturns. This means however that I need to trade bigger to reach profit targets. Furthermore it is still switched off overnight to prevent unwanted events in case mcxNOW updates without notice.

Finished the cryptsy bot and now running it in Alpha test, hope to deploy in the coming funding round.





Day 10

Slowly gaining ground again.





Day 9

From today on I will share a little more information in my daily update. I have added columns to show the BTC value of the fund.
I figured that this is valuable information as when the fund value in XPM stays the same but XPM/BTC goes up it is not necessarily a bad thing, where as if the XPM fund value goes up but XPM/BTC goes down it is not necessarily good.





Day 8
Bot is still not recovering from the surplus in BTC it has which is still pressing heavily on the results.
To put injury to insult I then made an mistake as instead of selling BTC at 0.0045 I typed 0.045 and
acquired the XPM at 0.0047. It is really a shame that this is happening just at the time that XPM is gaining ground.
Also overnight I stopped the bot because I am afraid that MCX is going to update when I am asleep and because of the
update the bot goes rogue when I am not around to babysit.






Day 7

Today was a black day for the bot. It was nicely set-up with BTC to start buying with an eventual pump. The pump came but not the buying Sad The exchange chose to do a reset and that caused my bot to crash. I thought I had solved that bug, but since it i snot an easy bug to test, I missed an exception catcher which caused the crash.
So now the bot has BTC which has to be valuated at a higher XPM price hence a big loss.





Day 6





Day 5





Day 4:
Here are the results of day 4.





Day 3:
On day the bot made a very tiny loss. I found the problem with the API I was developing so am finishing that.





Day 2:
Also day 2 has been profitable as the bot made a return of 2.22%. Yesterday evening there were talks on mcxNOW on how to attack the bot. The chat was funny to read and although they outsmarted the bot in a way they couldn't do much harm as the bot is resilient enough to handle these kind of attacks. It merely costs some profitability. Nevertheless I added some more security to prevent exploiting.
As I was adding to the the bot anyway I started to implement other exchanges, but got stuck on signing the api calls using c#. I will look in to this further today, but if anybody has done this before I would be very pleased with some help.







Day 1

Well the bot has been working now for almost 24hrs and generated a 1.67% return.
It encountered a few problems which resulted in downtime. First of all the exchange rebooted and the bot didn't restart when the exchange came back online. Will look in that over the weekend. Furthermore I needed to adjust some logic to deal with partial filled orders and introduced a bug by doing so which resulted in some additional down-time.

I semi-manually did an arbitration trade to acquire the necessary BTC so that the bot can trade both ways right way and didn't have to wait for itself to acquire enough BTC.



143  Alternate cryptocurrencies / Altcoin Discussion / [ANN][XPM] CryptoBot Investment Fund [CLOSED] [DAY 14 UPDATE] on: August 28, 2013, 04:44:10 PM
Hi,

Currently I am operating a bot that works in the XPM/BTC market. It is working since 11 days and is netting approx 2% per day (XPM).

It is working with a very small amount and hasn't been tested with larger sums, so this is why I am posting here.

I am looking for investors that are willing to invest a minimum of 25XPM so that I am able to test the scalability of the bot.
The first round will be capped at 1000 XPM.

The test will last 14 days after which your money will be returned plus the profit (or god forbid minus the loss). Every day an update will be posted showing the trading results of the bot, like the one below.

When you are interested reply to this post and I will contact you for the details.



Why should you invest?
  • A 2% return a day is not bad at all.
  • When the fund opens up for more investors I will be charging a management fee. First round investors will never be charged.
  • The bot will - when large enough - create better market liquidity. You will need a lot more XPM to manipulate the market.


Why am I asking for investors?
  • To spread the risk. Although the bot is working now, it is not said that when more money is added it will continue to work.
  • To spread wealth a little. Let some people profit who would otherwise not be able to.

How do we know this isn't scam 1,000,001?
Standard answer is You can't. So when you are interested only spent a few coins and only coins that you can afford to lose.
You can always contact me via PM on this board and I am a pro trader on mcxNow.com and often to be found in their troll box.

What will happen after 14 days?
When the test period if over your coins will be refunded plus profit or minus the loss. I will then start a next round of testing for another 14 days with approx 5,000 XPM. When that test also succeeds I will open the bot to the general public. As investor in the first round you will never be charged management fees for CryptoBot. As an early investor you also have priority for consecutive rounds.

Can I have my money back before the 14 days are over?
No you cannot. Only when it turns out that the bot is not handling the increased volume well, I will abort the test and refund all investors.

Is it possible to lose my complete investment?
Yes it is possible, but the way the bot is programmed it is very unlikely. Nonetheless you should only invest money that you can afford to lose.

What algorithm are you using?
Unfortunately I cannot disclose that information, because by doing so I would render the bot useless.

I have a question which i cannot find an answer to in this FAQ.
Just pop me a PM, reply to this post, find me in the chat of mcxNOW.com. I will come back to you ASAP.
144  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Why Primecoin is Useless, Doomed to Fail? on: August 21, 2013, 07:32:09 AM
Bien dit! Smiley
145  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Why Primecoin is Useless, Doomed to Fail? on: August 14, 2013, 09:38:51 AM
So having a bag of LTC makes you wise?
146  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Why Primecoin is Useless, Doomed to Fail? on: August 14, 2013, 09:30:33 AM
Quote
That means when demand plummets, Primecoin price can bottom out to zero, ....

Wow, a completely new insight for me.
147  Local / Трейдеры / Re: Новые крипто - валютные пары?! on: July 25, 2013, 09:31:57 AM
я за XPM/BTC

+1
148  Alternate cryptocurrencies / Altcoin Discussion / Re: Complete Ubuntu noob/ guide to mining primecoin on VPS for $0.03/hr at 1500 pps on: July 23, 2013, 11:46:14 AM
Brought me one step further :0

no it says:   make: *** [obj/bitocoinrpc.o] Error 4


Sorry for being such a unix noob Smiley
149  Alternate cryptocurrencies / Altcoin Discussion / Re: Complete Ubuntu noob/ guide to mining primecoin on VPS for $0.03/hr at 1500 pps on: July 23, 2013, 10:08:32 AM
I am getting following error:

g++: internal compiler error: Killed (program cc1plus)

make: *** [obj/init.o] Error 4
150  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin High Performance on: July 18, 2013, 11:16:02 AM
I was wondering what PPS should I get from a 12 core Xeon, using HP4?

151  Economy / Games and rounds / Re: BTCJam forum name verification on: July 15, 2013, 03:45:54 PM
 'I want to link my Bitcointalk name with BTCJam's. Verification code: f795a480-9c19-432e-ab5d-c9ef2c22b05e'
152  Economy / Securities / Re: CipherMine LiteCoin IPO Shares Rise 480% in LTC Debut on: July 05, 2013, 05:06:26 PM
This stock is so massively hyped, that I want to short the hell out of it.
153  Other / CPU/GPU Bitcoin mining hardware / Problems with cgminer on: July 04, 2013, 09:35:26 AM
I am mining with the latest cgminer.

I finally got the config ok-ish and was happily mining for 48hrs, without crashes. The I found out that my hash rate was 150 under what should be possible with a 7950.

So I copied my config file and started tweaking, but I couldn't get it stable. So I gave up and reverted to my saved config, only to see that this one is crashing as well. Main problem is the GPU temperature.

It was steadily around 82 degrees C in the stable configuration with fans at approx. 50%. Now the same config rises temp above 92 degrees, although ambient is cooler than yesterday.

What is happening here? Why is the config that ran yesterday and was stable not running any longer? I even re-installed cgminer because I thought maybe settings were saved underwater, but to no avail.
154  Other / Beginners & Help / Re: Is it still a viable option to mine with graphics cards? on: July 03, 2013, 10:04:27 PM
As far as I see, all cryptos are flawed to fail to ASIC devices and less rewards as time goes on.

Is this bad? Is this good? Some say its natural and will make BTC stronger, others say its the doom of Bitcoin.

Regardless of what you think, I think its a bit sad that you canīt use CPU for anything anymore, even with powerful chips, they are pretty much useless, which means there is something wrong in this cryptos.

Imagine, having the most powerful servers in the market, and they would still do nothing vs an ASIC cheap device.

The main heart of this crypto coins is to main its nature of being P2P, I donīt see how that is possible unless devices arrive to consumers.

I was lucky to get some, and bough others from other people, and still waiting months for others to arrive, but unless you are heavily into bitcoin, I donīt think the usual users will put this money on a hardware that will be obsolete in a few months, because even with ASIC you need to keep upgrading and upgrading, to make it profitable. Its a hard business, mining this days.

That is the problem with these crypto coins, it is a massive rat race you cannot win. All your gains need to be reinvested into faster and better hardware to stay on top of the game.
155  Other / Beginners & Help / Re: Is it still a viable option to mine with graphics cards? on: July 03, 2013, 09:59:51 PM
It is profitable to mine if you have AMD graphics cards. Check all the various online mining calculators and see what's your break even point for electricity costs.

Don't buy any new GPUs for bitcoin mining, they will never pay off. The same with litecoin mining. Litecoin difficulty will raise dramatically.

The same goes for any mining equipment, ASICs for BTC and GPUs for LTC alike. You have to hope that price will rice massively for either to become profitable.
156  Bitcoin / Bitcoin Discussion / Re: Can Europe save Bitcoin? on: July 03, 2013, 05:49:39 PM
Don't count to much on Europe. The embarrassment over prism by our ministers is played, they knew about it and used the information. We also sold out to Monsanto, and I am not sure if i have to pay royalties now when I eat broccoli.

http://www.naturalnews.com/041014_Monsanto_seed_patents_GMOs.html
157  Alternate cryptocurrencies / Altcoin Discussion / [LTC] Dust consolidation program on: July 03, 2013, 02:22:57 PM
This morning I read a thread about a program that consolidated dust payments from p2p00l mining such that the fees you need to pay for outgoing transactions were reduced.

Now I searched to the entire forum and cannot find this thread anywhere. Could some please point me to this thread again?

Thanks
Marple
158  Bitcoin / Bitcoin Discussion / Re: [ANN] Scammer Hunter Released. No More Scam on this forum. on: July 01, 2013, 09:52:21 PM
It is not a scam to ask for money to hunt scammers and then in one month's say: Hey I am a scammer.

Hmm we have a paradox here. Cheesy
159  Bitcoin / Bitcoin Discussion / Re: Bitcoin 2013 Half Year Review Coverage on: July 01, 2013, 09:41:46 PM
lol yea I do, and I wish I had more places to do my videos Sad
There are many options:

1. In front of a big bank
2. In front of city hall
3. etc

J/K

Nice initiative.
160  Bitcoin / Bitcoin Discussion / Re: [Newbie question] Wallets repeating ? on: July 01, 2013, 09:29:09 PM
If you would have searched a little you would have found this thread that was created last Friday. Wink

https://bitcointalk.org/index.php?topic=246544.0
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