margin terminal is now FREE - bots for over 30 exchanges

[yhbae]

I remember reading about Margin implementing 'Strategy Editor' in this thread many pages ago...

Has this been implemented? If not, any idea when?

Thanks!

[hackbyte]

leonArdo is rebranding as ...

We are excited to announce the upcoming rebranding of leonArdo as margin and the release of a new website. This entails a number of changes for our existing hero customers and we want to run through them here.

We will switch the existing early adopter lifetime license model to a subscription-based model. Although we saw incredible growth last year and grew our team to 9 people, in order to be able to add all the great features we have in our pipeline and maintain a sustainable software company, necessitates this change.

Hum .. while i can see why this change is necessary, it will put me "out of the game" sadly.

Considering my actual holdings and volumes i usually do and the taxes i will have to pay if i reach anything near the point where i could afford the payments for the new subscription model, it would mean that i have to quadruple my holdings for the very first three months - each month! - to just get to the point where i could afford the payment for the license compared to what i have now.

It's a bit sad, not to say very sad. But .. well i can understand it and can see why you need to switch to that model. (To be real, i always wondered how the whole thing could work for you at all _and_ even make you able to pay for any additional staff. )

We will see how things go forward.

But i have a important question nonetheless. Will there be any way to get at least updates to API changes on the existing supported leonArdo exchanges at all?

Even if that will mean we have to pay for updates, that would help a lot for us existing customers.

Greetings,

hacky

P.s.: If you wonder about taxes, i'm a german citizen and while most of us nearly could ignore taxes at all, even over here, things change and it is already clear for us germans, that taxes are the same as if we just would do "classical" forex trading.. Which makes things not just pricey but even means that you need to have some distinct holdings and usual volumes (incl profits) in the first place... Well, luckily, as long as you stay below a minimum profit of 600 euros per year, you don't need to pay tax on this at all .... but, in december 2017 i had to be very careful to _not_ get over that point......... And it was leonArdo which enabled me to get to that point in the first place..

P.p.s.: Good luck to margin software and your staff anyways! It's still a very great product and i still consider it to be a professional class software.

[yhbae]

Is the new subscription based software based on Leonardo, or is it completely new, especially from the GUI perspective?

[kriojenic]

Update to the announcement

After discussing what we could do for our Hero early adopter customers, in recognition of the fact that you guys got us to this point, we have decided to give a special status of Hero to every leonArdo customer going forward. It won't just be that you have a Hero badge in your version of margin, but it entitles you to a 50% discount on all future margin terminal subscription payments. The offer will kick in if you sign up for a subscription within a month of your free period ending.

We wanted to also make the point that switching to a subscription based model is absolutely necessary for us. We are a real company, with real employees who have families and mortgages and have to be paid at the end of each month. If the market only saw month on month growth then it might be possible to survive by sticking to the lifetime license model, but this is not the case. Catastrophic events like what happened in mid January, where a lot of cryptos lost up to 70% of their value, have a huge effect on our revenue. This puts everything we have built up in danger and if not dealt with could mean us having to close for business - which would also mean no updates for leonArdo. This was not a decision we took lightly, rather one we couldn't avoid.

I can accept this. Love to support the project, it's wonderful.

Will Margin be a desktop application or a web app?

[trinsic]

I'm happy for you guys to expand and see the need to change up. The new features this will bring will be amazing I'm sure, you wouldn't do it otherwise.

While I will not be joining in on this journey I am happy to stay on the old leonArdo system because I am a small time investor and do not see a subscription model working for me (I'm not a Hero early adopter, just normal early adopter).

[leonArdo@margin]

I remember reading about Margin implementing 'Strategy Editor' in this thread many pages ago...

Has this been implemented? If not, any idea when?

Thanks!

No, not yet. But it still is in our plans.

Best wishes,
Jonathan

[leonArdo@margin]

I'm happy for you guys to expand and see the need to change up. The new features this will bring will be amazing I'm sure, you wouldn't do it otherwise.

While I will not be joining in on this journey I am happy to stay on the old leonArdo system because I am a small time investor and do not see a subscription model working for me (I'm not a Hero early adopter, just normal early adopter).

Thanks for your support!

And it seems like there was some confusion. All our leonArdo customers are considered Hero early adopter customers.

So you are a Hero!

Jonathan

[leonArdo@margin]

leonArdo is rebranding as ...

We are excited to announce the upcoming rebranding of leonArdo as margin and the release of a new website. This entails a number of changes for our existing hero customers and we want to run through them here.

We will switch the existing early adopter lifetime license model to a subscription-based model. Although we saw incredible growth last year and grew our team to 9 people, in order to be able to add all the great features we have in our pipeline and maintain a sustainable software company, necessitates this change.

Hum .. while i can see why this change is necessary, it will put me "out of the game" sadly.

Considering my actual holdings and volumes i usually do and the taxes i will have to pay if i reach anything near the point where i could afford the payments for the new subscription model, it would mean that i have to quadruple my holdings for the very first three months - each month! - to just get to the point where i could afford the payment for the license compared to what i have now.

It's a bit sad, not to say very sad. But .. well i can understand it and can see why you need to switch to that model. (To be real, i always wondered how the whole thing could work for you at all _and_ even make you able to pay for any additional staff. )

We will see how things go forward.

But i have a important question nonetheless. Will there be any way to get at least updates to API changes on the existing supported leonArdo exchanges at all?

Even if that will mean we have to pay for updates, that would help a lot for us existing customers.

Greetings,

hacky

P.s.: If you wonder about taxes, i'm a german citizen and while most of us nearly could ignore taxes at all, even over here, things change and it is already clear for us germans, that taxes are the same as if we just would do "classical" forex trading.. Which makes things not just pricey but even means that you need to have some distinct holdings and usual volumes (incl profits) in the first place... Well, luckily, as long as you stay below a minimum profit of 600 euros per year, you don't need to pay tax on this at all .... but, in december 2017 i had to be very careful to _not_ get over that point......... And it was leonArdo which enabled me to get to that point in the first place..

P.p.s.: Good luck to margin software and your staff anyways! It's still a very great product and i still consider it to be a professional class software.

Hi Hacky,

Thanks for your support and understanding.

Best wishes,
Jonathan

[leonArdo@margin]

Update to the announcement

After discussing what we could do for our Hero early adopter customers, in recognition of the fact that you guys got us to this point, we have decided to give a special status of Hero to every leonArdo customer going forward. It won't just be that you have a Hero badge in your version of margin, but it entitles you to a 50% discount on all future margin terminal subscription payments. The offer will kick in if you sign up for a subscription within a month of your free period ending.

We wanted to also make the point that switching to a subscription based model is absolutely necessary for us. We are a real company, with real employees who have families and mortgages and have to be paid at the end of each month. If the market only saw month on month growth then it might be possible to survive by sticking to the lifetime license model, but this is not the case. Catastrophic events like what happened in mid January, where a lot of cryptos lost up to 70% of their value, have a huge effect on our revenue. This puts everything we have built up in danger and if not dealt with could mean us having to close for business - which would also mean no updates for leonArdo. This was not a decision we took lightly, rather one we couldn't avoid.

I can accept this. Love to support the project, it's wonderful.

Will Margin be a desktop application or a web app?

margin will remain a desktop application. But the website supporting it will be much more full featured and allow you to add new exchange keys and immediately have them activated for example.

Thanks for your support!!

Jonathan

[leonArdo@margin]

doesnt surprise me they are switching to a subscription based model, most other bots are like this....makes sense that they have to keep money coming in to keep supporting development

when will this take effect?

Hi bitChipper,

We expect to switch in the next couple of weeks.

Here are the details: https://bitcointalk.org/index.php?topic=1467939.msg30843316#msg30843316

Best wishes,
Jonathan

[leonArdo@margin]

Is the new subscription based software based on Leonardo, or is it completely new, especially from the GUI perspective?

margin is an evolution of leonArdo and remains a desktop application.

[leonArdo@margin]

Update to the announcement

After discussing what we could do for our Hero early adopter customers, in recognition of the fact that you guys got us to this point, we have decided to give a special status of Hero to every leonArdo customer going forward. It won't just be that you have a Hero badge in your version of margin, but it entitles you to a 50% discount on all future margin terminal subscription payments. The offer will kick in if you sign up for a subscription within a month of your free period ending.

We wanted to also make the point that switching to a subscription based model is absolutely necessary for us. We are a real company, with real employees who have families and mortgages and have to be paid at the end of each month. If the market only saw month on month growth then it might be possible to survive by sticking to the lifetime license model, but this is not the case. Catastrophic events like what happened in mid January, where a lot of cryptos lost up to 70% of their value, have a huge effect on our revenue. This puts everything we have built up in danger and if not dealt with could mean us having to close for business - which would also mean no updates for leonArdo. This was not a decision we took lightly, rather one we couldn't avoid.

Wait.... am I the only one that leonArdo 3.8.0 is not working (iMac 3.1 GHz Intel Core i5; IOS 10.10.5) on Binance  .  My Bittrex exchange works sometimes, but Binance is NOT usable for Bot Trading at all. The Binance Bots ALWAYS stop within a few hours due to errors (you have my logs).

So, how do I move ahead with leonArdo 3.8.X (2 exchanges) when it doesn't work?  Wait for more updates?  Do you thing the Dev's can fix it    There are many things I could go on with, but it still comes back to "it doesn't work 24/7 or at least overnight".

Since I'm a HEAC, I will stay testing each update until the END or I just give up!

Hi,

Yes, it works overnight and the vast majority of customers do not have the issues you are describing here.

I know you have been in touch with support but I would encourage you to keep in contact and we will try to figure out why you have the issue you do.

Best wishes
Jonathan

[leonArdo@margin]

Update to the announcement

After discussing what we could do for our Hero early adopter customers, in recognition of the fact that you guys got us to this point, we have decided to give a special status of Hero to every leonArdo customer going forward. It won't just be that you have a Hero badge in your version of margin, but it entitles you to a 50% discount on all future margin terminal subscription payments. The offer will kick in if you sign up for a subscription within a month of your free period ending.

We wanted to also make the point that switching to a subscription based model is absolutely necessary for us. We are a real company, with real employees who have families and mortgages and have to be paid at the end of each month. If the market only saw month on month growth then it might be possible to survive by sticking to the lifetime license model, but this is not the case. Catastrophic events like what happened in mid January, where a lot of cryptos lost up to 70% of their value, have a huge effect on our revenue. This puts everything we have built up in danger and if not dealt with could mean us having to close for business - which would also mean no updates for leonArdo. This was not a decision we took lightly, rather one we couldn't avoid.

I would like to know who they're your Hero early adopter customers, what's your plan for existing customers?
btw I already have license for bittrex.

You are also a Hero then!

All leonArdo customers are

[leonArdo@margin]

What is a "Hero early adopter customers"? Is that all existing Leonardo customers?

Also, what is the subscription price for those who needs more than $3k limit? I can't seem to find any info on the new model on your website...

Thank you.

All leonArdo customers are Heroes!

If you have a balance of over 3K and want to use margin then you need the Standard plan.

Details of the plans are in our announcement post: https://bitcointalk.org/index.php?topic=1467939.msg30843316#msg30843316

Best wishes,
Jonathan

[zhou2]

This week I have added Binance to my account (yes, still possible). In Windows 10 x64 I only get "credential error" while in Raspberry it works immediately. Pls, verify there is a bug in the Windows version (3.8.0) and correct it.

[naska21]

Something to consider that the main rival is Profitrailer is not subscription based.
Not cheap but its a one time purchase per exchange and now it become more interesting for new customers.
They will always look for a one time purchase than a subscription model.

Leonardo/Margin is not yet at a level for a subscription model.
A better strategy would be perhaps to charge one time fee per component, ie per exchange, per bot, per indicator, etc.

But good luck with the subscription model. I will take advantage of the free 6 months and then look at options at the time.

Agree, if we compare Leonardo product to his competitors the only competitive advantage was lifetime licence . I hate subscription model in software licensing and would rather pay the high price for lifetime than relatively small one for subscription.. Probably I will change to   Profitrailer when my "lifetime" Leonardo will expire. 0.03BTC for lifetime is OK with me

[leonArdo@margin]

This week I have added Binance to my account (yes, still possible). In Windows 10 x64 I only get "credential error" while in Raspberry it works immediately. Pls, verify there is a bug in the Windows version (3.8.0) and correct it.

Did you re-download the Windows binary after adding the Binance key as well?

All the best,

  Rene

[CTShaman]

I am very impressed with 3.8.0 on technical merit(Ubuntu). This version is more frugal with memory, I have not experienced any memory increase in over 24 hours which is a first for me. Also the CPU utilization is lower and more smooth according to the graph. Welcome improvements, thanks!

[yhbae]

I've been trying the bot for few days now. Zero crashes overnights, which is good.

A question - is there a way to configure the app so that I can do say, BUY BUY SELL BUY SELL SELL SELL, etc? Currently, it only does BUY SELL BUY SELL, etc.

Also, when using Bollinger, is there a way to use RSI chart to further confirm the signals before making the actions?

Thanks much!

[leonArdo@margin]

I've been trying the bot for few days now. Zero crashes overnights, which is good.

A question - is there a way to configure the app so that I can do say, BUY BUY SELL BUY SELL SELL SELL, etc? Currently, it only does BUY SELL BUY SELL, etc.

Also, when using Bollinger, is there a way to use RSI chart to further confirm the signals before making the actions?

Thanks much!

At the moment there is not such an option. We plan to introduce a strategy editor in the future to make such adaptions.

All the best,

  Rene

Edit: Before we get to a strategy editor we will add a trend watcher as a general feature to spot order bots like the Bollinger Band bot to help ensure that the bot does not buy or sell when the market is trending