(Closed) Butter Bot!: Premier Bitstamp, and BTC-E EMA Trading Platform (Closed)

[Basaj]

I just noticed that. I went to settings in anticipation of an answer, and just noticed I couldn't find a fee field.

Thanks nevertheless.

Let me know if you need anything else .

Pablo.

Hi Pablo,
As you can see in the thread, I have recently installed the bot and it made a trade at BTC-E on the day I installed it buying BTC @ 309. BTC is currently 344. The buy threshold 2 is 0.15 and sell threshold 2 @ 0.1 both buy and sell threshold 1's are 0. The difference in EMA (20/42) is now 2.079% according to the table on the bot in chrome so shouldn't the bot have sold my bitcoin balance already? Its probably a completely naive newbie question but just trying to get to know the in's and out's of the bot and I was under the assumption the 2.079% is more of a margin than required to sell?Essentially I just want to know if A) if my bot is operating correctly having not sold yet and B) should I change the threshold settings for a more optimal return?

Any help from anyone here would be much appreciated.
Cheers.

The bot is reading an uptrend in the market (green).  It will keep you in the market as long as this continues.  It will sell when it identifies a downtrend and passes your gate settings (red).

As always Sean you've been very helpful, Cheers again!

[papaminer]

question:

in http://www.butter-bot.com/

testimonial area....

Are those pics really the username owner? or they are just random images?

coz empoweoqwj looks hot...

[seanrarey]

As always Sean you've been very helpful, Cheers again!

Your welcome, and enjoy this bullish market.

[PuertoLibre]

I don't get it, if you want to seriously increase your BTC stash as compared to your USD stash...then simply buy BTC when it is low. Over time you'll make plenty of BTC and increase your standing. With each subsequent rise, due to extra BTC your USD also increases.

Free Point:

Just remember, that you shouldn't buy in (manually) as you approach round numbers. 10's and 5's, and definitely not on quarters of a hundred. (x00, x75, x50, x25)

People usually have bot settings that rely on these points to start a sell. So it is sort of easy if you know these rules (and have ample chart) to make the call to buy near the bottom of a drop.

Another free point:
People (mostly the "whale" buyer and seller) will try to offload their earnings near what they think is the top. As long as you recognize this, you won't be enticed to buy in by a few thousand BTC changing hands near the top. Only the people who don't know better buy in near the end of a significant run. Don't be a dummy!

[seanrarey]

I don't get it, if you want to seriously increase your BTC stash as compared to your USD stash...then simply buy BTC when it is low. Over time you'll make plenty of BTC and increase your standing.

Yes.  That is a good strategy.  Not the only strategy, but a very good one; particularly in a market such as we are seeing.

If I were in the business of recommending a strategy (oh wait, I am...), I would recommend that be up to 50% over your overall strategy in this market.

[fible1]

question:

in http://www.butter-bot.com/

testimonial area....

Are those pics really the username owner? or they are just random images?

coz empoweoqwj looks hot...

Heh ,
   Stock photos, but the quotes are real .

Pablo.

[PuertoLibre]

@ Pablo

Any chance we can buy extra licenses at a significant discount? (5 - 10?)

I know you are going to be offering virtualized butter-bots in the near future...so I assume our current [or concurrent] instances of butter won't be there in the near future...

Or any chance we can convert subscription months into extra butter bot licenses?

I have devised a strategy that requires more than one instance...and I want to make sure this won't flop over the long term.

[fible1]

@ Pablo

Any chance we can buy extra licenses at a significant discount? (5 - 10?)

I know you are going to be offering virtualized butter-bots in the near future...so I assume our current [or concurrent] instances of butter won't be there in the near future...

Or any chance we can convert subscription months into extra butter bot licenses?

I have devised a strategy that requires more than one instance...and I want to make sure this won't flop over the long term.

Hey PuertoLibre,
   Drop me an email, I need to understand what you want to do before I can give you an answer. If it's a matter of running multiple instances of the bot for yourself on one or two systems we can probably authorize you to do it for free.

Look forward to your email .

Pablo.

[papaminer]

Thanks for the reply Pablo...

I got another Question...

Is there an ETA for alt-coins support? Like LTC and etc... ?

[fible1]

Thanks for the reply Pablo...

I got another Question...

Is there an ETA for alt-coins support? Like LTC and etc... ?

Hey ,
   We will push that out ASAP. Right now the immediate priority schedule looks like this:

1. BTCChina
2. Hosting - Strategy Improvements
3. Version 3 (Altcoins)

The bottleneck right now is Hosting which is consuming more of our development resources than we thought it would. We are looking into ways to speed this up; rest assured we want to get out as many features as we can as fast as we can safely build them and test them .

Pablo.

[NginUS]

Hey ,
   We will push that out ASAP. Right now the immediate priority schedule looks like this:

1. BTCChina
2. Hosting - Strategy Improvements
3. Version 3 (Altcoins)

The bottleneck right now is Hosting which is consuming more of our development resources than we thought it would. We are looking into ways to speed this up; rest assured we want to get out as many features as we can as fast as we can safely build them and test them .

Pablo.

Godspeed to you, wishing you & your development team all the best! Thank you for such great efforts.

[PuertoLibre]

Thanks for the reply Pablo...

I got another Question...

Is there an ETA for alt-coins support? Like LTC and etc... ?

Hey ,
   We will push that out ASAP. Right now the immediate priority schedule looks like this:

1. BTCChina
2. Hosting - Strategy Improvements
3. Version 3 (Altcoins)

The bottleneck right now is Hosting which is consuming more of our development resources than we thought it would. We are looking into ways to speed this up; rest assured we want to get out as many features as we can as fast as we can safely build them and test them .

Pablo.

When BTCChina is added...there is gonna be an epic flood of sales.

http://www.coindesk.com/bitcoin-exchange-btc-china-experiences-time-price-high/

“This is similar to what happened in April, where we saw trading well above $265 for over 12 hours. This time, it seems to be lasting longer. We hope that, this time, there won’t be such a severe price correction as in April,” he said.

Lee recently told Forbes that BTC China’s recent elimination of trading fees helped to boost interest in bitcoin. “It was a strategic move to increase trading in China and draw people to our site,” he said, and it appears to have worked."

[PuertoLibre]

@ Pablo

I think I might have found a strange inconsistency.

I was installing B-Bot on a ESXi server, on a virtual desktop to test out a few settings. I set B-Bot to standard settings (2 hours, 0.25 buy/sell 10/21 ema settings) and refreshed the popup.html page and I noticed that the desktop time sync was off by about 3 or 4 hours.

When I went to refresh B-Bots status page I noticed it was reading in sync with the wrong hour.

I corrected the clock on the virtual desktop and only then did B-Bot actually use the current stats up to the current hour.

I know this is a small issue but if someone has their clock off by a significant portion of time they might be trading with very old data. You might want to look into it and see if B-Bot is synchronized by the clock on the users computer rather than the api/feed servers it is getting data from.

As soon as I corrected the time, B-Bot started pulling several extra hours of data that weren't there before.

(By the way, are there any current Beta Tester spots available?)

Thank you PuertoLibre, on it.

About Beta Tester Spots: If you want in the next Beta I will guarantee you a spot, you are one of the top bug spotters in the community, if not number one .

Pablo.

I am writing the email right now. I do want in to the next Beta.

I am kinda surprised that I am supposedly number one at bug reports....

I only try to turn butter into margarine through plenty of abuse...haha

[uck]

sounds like you're gonna need to have the buttery bot translated into chinese... and add a forum in chinese?

[fible1]

@ Pablo

I think I might have found a strange inconsistency.

I was installing B-Bot on a ESXi server, on a virtual desktop to test out a few settings. I set B-Bot to standard settings (2 hours, 0.25 buy/sell 10/21 ema settings) and refreshed the popup.html page and I noticed that the desktop time sync was off by about 3 or 4 hours.

When I went to refresh B-Bots status page I noticed it was reading in sync with the wrong hour.

I corrected the clock on the virtual desktop and only then did B-Bot actually use the current stats up to the current hour.

I know this is a small issue but if someone has their clock off by a significant portion of time they might be trading with very old data. You might want to look into it and see if B-Bot is synchronized by the clock on the users computer rather than the api/feed servers it is getting data from.

As soon as I corrected the time, B-Bot started pulling several extra hours of data that weren't there before.

(By the way, are there any current Beta Tester spots available?)

Thank you PuertoLibre, on it.

About Beta Tester Spots: If you want in the next Beta I will guarantee you a spot, you are one of the top bug spotters in the community, if not number one .

Pablo.

I am writing the email right now. I do want in to the next Beta.

I am kinda surprised that I am supposedly number one at bug reports....

I only try to turn butter into margarine through plenty of abuse...haha

You made me laugh, not quite sure why but I did; heh

[fible1]

sounds like you're gonna need to have the buttery bot translated into chinese... and add a forum in chinese?

The translation part we will likely need to take care of in the future, we plan to release BTCCHina with the English language module first.

About the forum in Chinese, I'm not sure about that, we would have to hire someone who speaks Chinese to monitor it and frankly I'm too much of a control freak to have someone interacting with my customers in a way I can't supervise .

If it grows to the point it becomes a must though, I'm sure we'll figure it out.



Pablo.

[NginUS]

Pablo,

I was just thinking, with all the activity from the regulars we have in this thread, and the community that's formed here around the forum, it might do well to create a 'ButterBot Fan Club' Facebook Group which we all could join & contribute to there as well.

Just a thought.

[fible1]

Pablo,

I was just thinking, with all the activity from the regulars we have in this thread, and the community that's formed here around the forum, it might do well to create a 'ButterBot Fan Club' Facebook Group which we all could join & contribute to there as well.

Just a thought.

This is a great idea for the future, will definitely see if we can get on this in the near future.

Pablo.

[zambient]

Hi Pablo and all

New butter bot user here. Happy with the product overall.

Just wondering if anyone has strategy / butter settings advice for the recent period of high price and volatility.

Butter was trading nicely and making a small profit compared to buy and hold, but I don't feel as confident now in these conditions...

Cheers

[PuertoLibre]

Or



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