[ANN] [RBY] ★★ Rubycoin ★★ A precious gem for the digital age

[124C41]

My experience after 12 hours of running TradderDaddy.


Intitial Setup

• MAC OS X Yosemite 10.10.2
• TradderDaddy v0.0.6
• I had 43,000 RBY in my Bittrex wallet
• In the bot settings I activated the RBY/BTC pair along with another 2 other pairs which I have 1 million coins trading in the ~50 sats and another 200k trading at ~60sats.
• TraderDaddy setting on "Cautious (low)"
• 0.09 BTC available with budget set at 0.09 BTC
• Total Account value at start: 1.715 BTC

Currently

• My Ruby balance has decreased by 71% to ~12,500 (I do have about 15k RBY in open orders that were set before I started the bot)
• My other 2 coin balances have decreased by ~3% and ~46% respectively.
  
• 170 sell transactions amounting to 1.14 BTC
• 83 buy transactions amounting to 0.647 BTC
• 0.43 BTC available
• Total Account value: 1.613 BTC (decrease of ~5%)

I don't know how to interpret these results but I'm hoping the dev can use this data to help improve the bot. I don't know if the open orders that I had before starting the bot plays a role in the performance.

Hope this helps.

Please share your experience with numbers and relevant data

Out of curiosity is the bot properly putting buy orders up?

I only ask cause I was on TraderDaddy with my MacOSX Yosemite 10.10.2 and for some reason I could only get sell orders to post. No buy orders were going up. Because of the trouble I was having with the Mac version I installed the Linux version on a separate machine. Now it runs properly and posts orders to both walls.
From what you said it sounds like you were having the same trouble I was.
Check to make sure orders are being placed on both walls.

Yes it was adding buy orders as well.

[Frostbite72]

All the bot is doing for me is selling the ruby that is in the wallet with it. I started off with just Ruby and BTC... Does the bot know how to buy alts or does it just have to start with alts already in the account?

Yeah if your only getting sell orders up then the bot isn't working properly for you and I wouldn't run it unless orders are being placed on both sides.

I would recommend joining our IRC channel. Info on page 1.

freenode.net
#rubycoin.org

We can help with further assistance from our channel.

I was having same problem running mac version. Linux version worked fine for me.

[Frostbite72]

My experience after 12 hours of running TradderDaddy.


Intitial Setup

• MAC OS X Yosemite 10.10.2
• TradderDaddy v0.0.6
• I had 43,000 RBY in my Bittrex wallet
• In the bot settings I activated the RBY/BTC pair along with another 2 other pairs which I have 1 million coins trading in the ~50 sats and another 200k trading at ~60sats.
• TraderDaddy setting on "Cautious (low)"
• 0.09 BTC available with budget set at 0.09 BTC
• Total Account value at start: 1.715 BTC

Currently

• My Ruby balance has decreased by 71% to ~12,500 (I do have about 15k RBY in open orders that were set before I started the bot)
• My other 2 coin balances have decreased by ~3% and ~46% respectively.
  
• 170 sell transactions amounting to 1.14 BTC
• 83 buy transactions amounting to 0.647 BTC
• 0.43 BTC available
• Total Account value: 1.613 BTC (decrease of ~5%)

I don't know how to interpret these results but I'm hoping the dev can use this data to help improve the bot. I don't know if the open orders that I had before starting the bot plays a role in the performance.

Hope this helps.

Please share your experience with numbers and relevant data

Out of curiosity is the bot properly putting buy orders up?

I only ask cause I was on TraderDaddy with my MacOSX Yosemite 10.10.2 and for some reason I could only get sell orders to post. No buy orders were going up. Because of the trouble I was having with the Mac version I installed the Linux version on a separate machine. Now it runs properly and posts orders to both walls.
From what you said it sounds like you were having the same trouble I was.
Check to make sure orders are being placed on both walls.

strange.

what is your BTC threshold set to? I dont know if I would recommend anything over .05 BTC

Can always join our IRC room on friend.net

#rubycoin.org

[124C41]

So after my first 12 hour experience I will be attempting this a second time.

I will be posting a follow up in 12 hours or so with results.

Setup

• TradderDaddy v0.0.6
• Mac OS X 10.10.2
• RBY/BTC market on Bittrex
• Risk Tolerance: Cautious (low)
• Budget: 0.09 BTC

Here's my opening balances


Hey dev would you be able to explain the risk tolerance in more detail, thanks.

[stoner19]

A few suggestions...

DON'T use the bot for new altcoins that have just been added to the exchange. History shows that their prices crash quick and don't stabilize for a minimum of a few days. Typically it's best to use high-volume, stable coins that have been listed on the exchange for quite some time. I'm not going to tell you which ones those are though  Everyone will need to find the market that works best for them based on their budget, how aggressive they want their bot to trade, and what they're willing to bag-hold if the market takes a dump. Trial and Error in many circumstances tends to be the quickest way to learn (speaking from experience).

[WarNeverChanges]

Your bot is killing Ruby. Why invest in a coin that is being actively market sold by a trading bot?

[stoner19]

Your bot is killing Ruby. Why invest in a coin that is being actively market sold by a trading bot?

Dumpers gonna dump. the change in market price has nothing to do with the trader bot. If you're unhappy with the RBY prices, then snatch up enough cheap ones to use the trader bot on a different market. DONE.

[dbt1033]

Your bot is killing Ruby. Why invest in a coin that is being actively market sold by a trading bot?

I don't know what you are saying, but TraderDaddy doesn't work like that.

I can confirm that TraderDaddy does not do this.  

[stoner19]

Your bot is killing Ruby. Why invest in a coin that is being actively market sold by a trading bot?

In all honesty, the trader bot is rather simple. You do still have to know what markets to pick and when to get out, but it's not magic behind the trades.

The bot is simple:

1: place 3 buy orders
2: if those buy orders haven't filled, readjust those buy orders every 3-15 minutes based on the aggressiveness settings you have selected in the bot
3: after buy orders are filled place sell orders at a higher price than what you bought at
4 profit ?? ??

[WarNeverChanges]

Your bot is killing Ruby. Why invest in a coin that is being actively market sold by a trading bot?

In all honesty, the trader bot is rather simple. You do still have to know what markets to pick and when to get out, but it's not magic behind the trades.

The bot is simple:

1: place 3 buy orders
2: if those buy orders haven't filled, readjust those buy orders every 3-15 minutes based on the aggressiveness settings you have selected in the bot
3: after buy orders are filled place sell orders at a higher price than what you bought at
4 profit ?? ??

Must just be my issue with using this bot on a Mac. I am not wrong in saying there is an issue with the Mac version, am I? I know a friend of mine is having success with this on a Linux computer, as well as Windows, so it must just be my operating system.

[Frostbite72]

Your bot is killing Ruby. Why invest in a coin that is being actively market sold by a trading bot?

In all honesty, the trader bot is rather simple. You do still have to know what markets to pick and when to get out, but it's not magic behind the trades.

The bot is simple:

1: place 3 buy orders
2: if those buy orders haven't filled, readjust those buy orders every 3-15 minutes based on the aggressiveness settings you have selected in the bot
3: after buy orders are filled place sell orders at a higher price than what you bought at
4 profit ?? ??

Must just be my issue with using this bot on a Mac. I am not wrong in saying there is an issue with the Mac version, am I? I know a friend of mine is having success with this on a Linux computer, as well as Windows, so it must just be my operating system.

yes I had trouble running the Mac version also, on 2 different macs.
I put TD on a Linux box and it started to work without incident. Hopefully the Mac version will be fixed soon. Apparently some people such as myself are having trouble and others are not. If you are running a Mac version be sure it is posting orders to both the buy AND sell wall. If not then dont run it. It is not functioning properly if you only get orders on 1 wall !

[WarNeverChanges]

Your bot is killing Ruby. Why invest in a coin that is being actively market sold by a trading bot?

In all honesty, the trader bot is rather simple. You do still have to know what markets to pick and when to get out, but it's not magic behind the trades.

The bot is simple:

1: place 3 buy orders
2: if those buy orders haven't filled, readjust those buy orders every 3-15 minutes based on the aggressiveness settings you have selected in the bot
3: after buy orders are filled place sell orders at a higher price than what you bought at
4 profit ?? ??

Must just be my issue with using this bot on a Mac. I am not wrong in saying there is an issue with the Mac version, am I? I know a friend of mine is having success with this on a Linux computer, as well as Windows, so it must just be my operating system.

yes I had trouble running the Mac version also, on 2 different macs.
I put TD on a Linux box and it started to work without incident. Hopefully the Mac version will be fixed soon. Apparently some people such as myself are having trouble and others are not. If you are running a Mac version be sure it is posting orders to both the buy AND sell wall. If not then dont run it. It is not functioning properly if you only get orders on 1 wall !

Yes this would be my issue. Thank you for clarifying... Waiting patiently for an updated Mac version, great work dev

[TrackCoin]

I would like to know more about RBY because like this coin....

[eddy937]

Your bot is killing Ruby. Why invest in a coin that is being actively market sold by a trading bot?

In all honesty, the trader bot is rather simple. You do still have to know what markets to pick and when to get out, but it's not magic behind the trades.

The bot is simple:

1: place 3 buy orders
2: if those buy orders haven't filled, readjust those buy orders every 3-15 minutes based on the aggressiveness settings you have selected in the bot
3: after buy orders are filled place sell orders at a higher price than what you bought at
4 profit ?? ??

Most markets probably have bots in.

[Frostbite72]

Your bot is killing Ruby. Why invest in a coin that is being actively market sold by a trading bot?

In all honesty, the trader bot is rather simple. You do still have to know what markets to pick and when to get out, but it's not magic behind the trades.

The bot is simple:

1: place 3 buy orders
2: if those buy orders haven't filled, readjust those buy orders every 3-15 minutes based on the aggressiveness settings you have selected in the bot
3: after buy orders are filled place sell orders at a higher price than what you bought at
4 profit ?? ??

Most markets probably have bots in.

Yes. I would bet most of the markets do. seems like any good active market I hit and place an order on immediately gets a new order on top of mine. SO bots are plentiful out there it seems, TD or not.

[CryptoClub]

This looks interesting, I like the concept and presentation of the trading bot. Most of us are terrible at using bots, or compared to others that are great, we are no so great... So, a simple to use one like this might be popular.

Anyway, there is a typo on the Thor screen. The word should be "Appropriate" - clearly just keyed in wrong.

[DonShoshan]

Watching

[mr_puppy]

I love this coin! This will always be my favorite coine.

[stoner19]

This looks interesting, I like the concept and presentation of the trading bot. Most of us are terrible at using bots, or compared to others that are great, we are no so great... So, a simple to use one like this might be popular.

Anyway, there is a typo on the Thor screen. The word should be "Appropriate" - clearly just keyed in wrong.

I'm speaking from experience and helping the dev with the bot. a very very large part of your ability to be profitable when daytrading boils down to picking the right market at the right time. I've gotten into several markets using this bot at the right time, but have been very poor in choosing when to exit the market. Considering use of this bot alone has nearly doubled Bittrex's daily trade volume since it was released, I think it'll a great thing for altcoins in general.

[CryptoClub]

This looks interesting, I like the concept and presentation of the trading bot. Most of us are terrible at using bots, or compared to others that are great, we are no so great... So, a simple to use one like this might be popular.

Anyway, there is a typo on the Thor screen. The word should be "Appropriate" - clearly just keyed in wrong.

I'm speaking from experience and helping the dev with the bot. a very very large part of your ability to be profitable when daytrading boils down to picking the right market at the right time. I've gotten into several markets using this bot at the right time, but have been very poor in choosing when to exit the market. Considering use of this bot alone has nearly doubled Bittrex's daily trade volume since it was released, I think it'll a great thing for altcoins in general.

I am impressed. You can't just click a bunch of stuff at random and profit, but if you pick the right markets at the right time this is really a no brainer. Normally I have to try and figure out all kind of crap to avoid the other bots screwing me over, now I can just pick the market and the risk level I want, and give it a shot. I also love that when I turn off the bot it cancels everything. A simple thing, but not all bots work that well. It will be *very* interesting if this bot keeps getting better over time. I definitely recommend it for no bot experts that want to try out a bot. Just start with tiny amounts to test, start with maybe a couple markets, and obviously don't enable withdrawals in the API to feel safe. (no point in doing that anyway)