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Author Topic: Poloniex Lending Bot Service  (Read 24936 times)
frediiii
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September 07, 2016, 11:51:03 AM
Last edit: September 07, 2016, 12:32:39 PM by frediiii
 #21

holy mother of idiocy... memo to myself: you shouldn't operate heavy machinery like your BTC wallet before you had your first coffee.

Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is Smiley

beware!
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DebitMe
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September 07, 2016, 03:57:33 PM
 #22

holy mother of idiocy... memo to myself: you shouldn't operate heavy machinery like your BTC wallet before you had your first coffee.

Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is Smiley

beware!

I am not really sure "beware" is appropriate as he mentions multiple times and has warnings that that is not your deposit account, and anything sent there is nonrefundable.  I would assume he will refund you, but you never know.  If he doesn't you could potentially sell your bot credit at a discount and earn at least something back.

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September 08, 2016, 12:24:30 PM
 #23

Good service. The negative point is that Poloinex very difficult to give a loan at a good interest rate. A lot of orders without traffic all day and there is no demand for capital.
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September 08, 2016, 12:25:30 PM
 #24

holy mother of idiocy... memo to myself: you shouldn't operate heavy machinery like your BTC wallet before you had your first coffee.

Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is Smiley

beware!

I am not really sure "beware" is appropriate as he mentions multiple times and has warnings that that is not your deposit account, and anything sent there is nonrefundable.  I would assume he will refund you, but you never know.  If he doesn't you could potentially sell your bot credit at a discount and earn at least something back.

You are probably right. English is not my native language. What I wanted to say was: Don't make the same mistake that I made and just take the time to read the instructions.

As for the site owner: He was very forthcoming and already refunded me without hesitation. So big thumbs up here!  Grin
frediiii
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September 08, 2016, 12:30:03 PM
 #25

Good service. The negative point is that Poloinex very difficult to give a loan at a good interest rate. A lot of orders without traffic all day and there is no demand for capital.

I think the interest rates in XMR are quite good. Where else would you get 0.2%/Day for your capital? The bot has lended out my funds constantly since I started it yesterday. I would never be able to do that manually.
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September 08, 2016, 01:49:11 PM
 #26

holy mother of idiocy... memo to myself: you shouldn't operate heavy machinery like your BTC wallet before you had your first coffee.

Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is Smiley

beware!

I am not really sure "beware" is appropriate as he mentions multiple times and has warnings that that is not your deposit account, and anything sent there is nonrefundable.  I would assume he will refund you, but you never know.  If he doesn't you could potentially sell your bot credit at a discount and earn at least something back.

You are probably right. English is not my native language. What I wanted to say was: Don't make the same mistake that I made and just take the time to read the instructions.

As for the site owner: He was very forthcoming and already refunded me without hesitation. So big thumbs up here!  Grin

Good thing it all ended up well. At first I was shocked by your post up there. Try to read more then this came up. You should also be careful with your decisions and if you feel that you are still not awake better have some coffee first.  Grin This is real money man!  Cool
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September 09, 2016, 09:00:55 PM
 #27

Good service. The negative point is that Poloinex very difficult to give a loan at a good interest rate. A lot of orders without traffic all day and there is no demand for capital.

I think the interest rates in XMR are quite good. Where else would you get 0.2%/Day for your capital? The bot has lended out my funds constantly since I started it yesterday. I would never be able to do that manually.

Yes, but invest in XMR extremely high risk because tomorrow i don't know how failing price on Monero, very low capitalization and high volatitily.
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September 11, 2016, 11:04:53 AM
 #28

your service free or paid sir
if your bot real rate in poloniex lending or not example rate doge 2% in your bot same 2%
can direct exceution in lending to polo or not

if your service paid how much price ?
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December 26, 2016, 12:12:46 PM
 #29

Has anyone compared this vs a auto renew account? Would be nice to see if it brings a advantage for me to switch over to automated lending Smiley
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December 29, 2016, 03:58:12 PM
 #30

This looks pretty interesting..gonna try this out when I have the chance.
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December 29, 2016, 04:37:50 PM
 #31

Is it better to lend everything out in one loan, or smaller across a number of loans?
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December 29, 2016, 05:33:53 PM
 #32

Is it better to lend everything out in one loan, or smaller across a number of loans?

It shouldn't really matter, as long as you continuously have your coins lent out.  The real measurement is to only have them lent out for 2 days or so at a time so that you can play the rise of the lending rate.

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January 02, 2017, 07:45:28 AM
 #33

looks great trying it now Smiley
fiscorcle
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January 02, 2017, 10:49:25 AM
 #34

Is it better to lend everything out in one loan, or smaller across a number of loans?

It shouldn't really matter, as long as you continuously have your coins lent out.  The real measurement is to only have them lent out for 2 days or so at a time so that you can play the rise of the lending rate.

2 days seems safe for BTC, but if I were lending LTC, then I'd be missing out on a ton of fluctuation in fees
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January 02, 2017, 06:21:11 PM
 #35

do you guys really keep your coins on poloniex for this?
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January 02, 2017, 09:19:00 PM
 #36

Margin lending s become really unprofitable lately. One need to keep 100 BTC on Polo to get any meaningful return.

Who s gonna keep 100 BTC on an exchange even if u would have that amount?Huh

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January 02, 2017, 09:22:54 PM
 #37

Margin lending s become really unprofitable lately. One need to keep 100 BTC on Polo to get any meaningful return.

Who s gonna keep 100 BTC on an exchange even if u would have that amount?Huh

Still free money basically...
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January 03, 2017, 10:58:18 PM
 #38

Margin lending s become really unprofitable lately. One need to keep 100 BTC on Polo to get any meaningful return.

Who s gonna keep 100 BTC on an exchange even if u would have that amount?Huh

Still free money basically...

Is it though? Once you factor in risk involved, you could be looking at a negative return. Each person has their own risk level, but i have withdrawn any coins from margin lending at these returns.

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January 04, 2017, 01:49:08 AM
 #39

Margin lending s become really unprofitable lately. One need to keep 100 BTC on Polo to get any meaningful return.

Who s gonna keep 100 BTC on an exchange even if u would have that amount?Huh

Still free money basically...

Is it though? Once you factor in risk involved, you could be looking at a negative return. Each person has their own risk level, but i have withdrawn any coins from margin lending at these returns.

Well, there is no "risk-free" rate for BTC, so yeah, literally any money is free money
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January 04, 2017, 01:50:37 AM
 #40

This looks interesting and great design on the site.  Fantastic that you have had 7500 loans so far, looks like a great bot.  I will be looking more into this when I get some time. 

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