Day 14Well, 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 13On 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 12The 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 11Changed 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 10Slowly gaining ground again.
Day 9From 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 8Bot 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 7Today 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
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 1Well 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.
